I'm a victim of playing with leverage

I'm a victim of playing with leverage.
I started with 5k dollars a few months ago. I was just holding coins and surviving, sometimes going down as much as 40%, sometimes going up too. It's when I found out about margin on Bitfinex that my life started to go to shit. Yesterday I was liquidated and I lost my last penny.

DO NOT GO ON MARGIN TRADE.

DO NOT TRY TO TIME THE MARKET IF YOU DON'T KNOW VERY WELL HOW TO DO IT.

BUY SOLID COINS AND HOLD FOR THE LONG TERM.

Bye, fellow Veeky Forumsfriendos. I guess from now on it doesn't make any sense for me to stay here.

define "victim"

Next time visit a casino you faggot

I went from 5k to 14 dollars.

L I Q U I D A T E D
I
Q
U
I
D
A
T
E
D

Goxfinex liquidated EVERYONE you probably didnt fuck up, goxfinex is INSOLVENT and going gox, they have been printing counterfeit tethers for months now

HHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHHAAHAH

You’re not investing or day trading, you’re literally playing a roulette.

>margin trading bitcoin

why don't you have a holding stack?

put 50% aside and the other use for margin trading

The more I lost the more I felt inclined to go on margin to recover my losses.

I had margin positions open on omg and neo and didn't get liquated with either...

post the liquidated wojack in the pan..

That's how it always goes, the more you win the more you risk, the more you lose the more you risk, so in the end you get burnt

Margin trading is something that needs to be done with a small part of your stack and without any emotion interfering, always know how much you are okay to lose before any trade, as in if you lose don't try to emotionally recoup your losses right after

how much was your peak?

I got $500 on my first margin trade, then another quick $200 on scalping after that.

Then lost all those gains+about $1.5k collateral yesterday cos of BTC being a cunt.

Currently hoping BTC goes up to about 10.5k USD so I can get out of the BCH long I drunkenly put in last night.

not much desu, around 7k.

so you risked 5k to get 2k, and lost 5k?

top kek, dude wtf

dude just get a loan im sure you will get it all back

the odds are better there too

....hope you learned a valuable lesson.

which is, next time set a higher margin

14 dollars on 100x leverage is still 1.4k

Guys I heard about "the margins" at school and my mom said not to do it EVER. Well, a few hours ago i decided to try it. I put all my lunhc money for the year into this and im slowly losing it all. Even when I am positive and have like 10% gains, I get so greedy and "let it ride". Everytime, it crashes 20% more.

Man, stop doing this...

If it makes you feel any better I lost about 1200 USD by buying the latest dick.

Subtracting previous profits that's still like 400 USD off of my initial investment.

desu it stopped being fun when I got greedy. Playing around with 500 was great and like a game with some money to be made. Make that 5k and I was obsessively checking bitfinex and worrying my dick off.

I think I'm out for now, if there's a big crash I'll buy back in.

>victim
>leveraged

kys faggot

...

post the pics

you mean 1000x

started with 6 k.
made 3 k gambling and 3 k margin trading and 1.5k on coins.
Now at 1 k. Lesson learned.