WIth my luck ETH will now rebound and moon within the next 4 hours.
My ETH LONG just got margin called
What happens now? You lose 3 BTC?
buying on margin
no biggie but sorta sucks - i only put in trading account what I could afford to lose
was up 30 btc in profit off 5 trades, and for the last 27 trades in a row I've made small losses - then out of nowhere yesterday BTC started to moon, I tried to hold through it expecting it to stop and ETH to rebound and - well - we all know what happened next...
He has a choice to hold and hope it never goes down a few more cents cause 100% liquidation
or: he can sell now and take the 95% loss
Is ETH over, should I have sold at 300...
was literally 10 sats away from getting margin called on my XMR long
the ride never ends
you just lost future millions
liquidated at .0645
and as predicted, we're recovering
ETH looking good, but you people should stop using "stop-losses". Grow a pair and learn how to hold, specially because Ethereum is not just "another crypto", is the direct alternative for those who can't afford to buy cheap Bitcoins anymore.
it wasn't a stop loss - it was a forced liquidation
Oh fuck.. is it over? Did I make it through? Halleluja!
I was this fuckin close man.
I feel your pain.I had to run to the bank, use my credit card for a cash advance, quick put that in my checking, run home, hit coinbase for ether and quick quick transfer to Kraken.
Im literally in tears right now.
did you lose it all. I was getting nervous myself
Veeky Forums bro, I just had to buy from coinbase quickly just to save my ass too. Close calls.
can I have your remaining coin lol
Don't worry, it happens to us all.
I'm convinced it's joo magic
Hey at least you're not this guy.
This is a Dash short in March. Yep, at the beginning of the bull market.
looks like the same happened to someone much bigger than you too, massive liquidation all the way down to 0.05
this made me whince. wtf man
is this the dude from last night who said he shorted bitcoin and was going to kill himself if he got margin called?
jesus, I need to have some standing buy orders on this shit
Also, who the fuck has this much money but doesn't have the intelligence to sell gradually?
not going 100x margin on BitMEX
It's like you don't even want money.
people who don't live in alabama, missouri, kansas, ohio, minnesota, zimbabwe
Those are margin positions being liquidated and stop losses getting hit all in one big clusterfuck
i believe the term is 'cascading margin call' - the same thing happened when ETH hit like 10 cents on GDAX - you can force this to happen if you're a whale, and want to essentially go 'stop loss hunting'
hey user, you should trade on margin, it's basically free money!
ive spent the last 10 minutes going balls deep.
pray for me