I tried to short bitcoin, AMA

As the expert trader I am, I started shorting bitcoin this Friday with 5X leverage

Pic related are the results.
Please laugh at me

Stop shorting asap lmao

I forgot the obligatory Wojak (not a pink one)

sell naked calls

Short bitcoin? Now? When normie monies are just starting to come in? Are you retared, op?

btw My total capital is 14K
The unrealized+realized loss is about 3.5K

So it's a rather big move :-)

Dat margin call coming soon.
I'll close my positions if we hit 12.1K

really though, when is it going to dip a little? I keep thinking 1 or 2 k correction. Isn't the volume pretty low?

Saved by this small resistance level.
If it breaks, my first margin call will flow in.

Pink wojaks incoming !

>expert trader
>shorting bitcoin

What software, website, or service platform do you use?

Do you think I want you to make bitcoin price even higher ?

Explain what any and all of that means?

That's €3,000 that you'll never get back. How does that feel?

>bitch please

Crypto is too volatile for leveraged positions. Short positions are leveraged. Just stay in cash to profit from a crypto market decline.

never change Veeky Forums

Crypto on it's on is basically stocks on 10x leverage, without the risk of margin call.

I went long on ETH/BTC which is effectively shortign BTC against ETH haHAHEAHEHAEHAEHAHEAHEAHEh fuck this

I swear every day I say to myself "Rule n°1 is you NEVER SHORT BITCOIN"
But I break that rule everytime, and get the fright of my life.
I then tell again to myself to not do it again next time.

Never contemplated a loss as big as this time, I truly fucked up now.

If somehow I make it (btc price goes back down to 10K under 24hrs), I will oblige to any request (no begging though)

...

Bro it will be 4K by the time btc reaches 12.1K

Shorting in a volatile market where flash movements above 20% are practically a weekly event?

WCPGW?

I'm surprised you didn't get JUSTed harder desu

Going to bed now, and sleep tight knowing I might wake up on a Monday morning losing 80% of my entire monthly salary (wagecuck here)

I'm rooting for you user

Red means good right?
[spoiler]:^)[/spoiler]

Cant short Bitcoin right now. We are in a bubble. Bitcoin can only go up until it doesnt.

But this just means that when it does come down, its going to be the biggest crash its ever seen.

never short in a bull market

what exchange? have you ever had trouble getting withdrawals? do you have to ssubmit selfies and pics of your butthole before they let you withdraw anything?

>please laugh at me i was shorting bitcoin
Well don't mind if i do then.

>a puny 5x leverage
user call me when you 100x bitcoin like a real trader.