I just placed a 6 BTC 100x short on Bitcoin

I just placed a 6 BTC 100x short on Bitcoin

What do you think of that?

Other urls found in this thread:

forum.bitcoin.com/trading-discussion/everything-you-need-to-know-about-bitmex-s-new-100x-leverage-xbtusd-swap-product-t7873.html
twitter.com/SFWRedditImages

true if big

>placed a 6 BTC 100x short on Bitcoin
what does that mean

What price?

not smart honestly

Check out the shorts chart. looks healthy

11200~

You sure about that? we're going to 4k

I think you're a retard if it makes up less than even 10% of your portfolio

it means this guy wants to lose 6 btc faster than his nany lost her vajayjay back in the 30s

Hope for you it doesn't rally right now.

You're looking for medicine after death,lol

You gonna need a wheelchair OP.

So you already got liquidated. Nice move

It's the entirety of it

We're going to 4k

Nah

I think you are a very smart man. Ive been shorting this shitcoin all week and am literally making a killing. Fucking keks holding this are retarded

Uh oh, here comes the short squeeze.

Liquidated yet?

Liq is 131

>its the entirety of it

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

So a 1% move up over your entry woul get you liquidated. Gonna get fucked.
Obvious larp.

We're on a upward trend OP, if support at 11k breaks then it will fall but I'm betting it bounces off 11 and goes for 12.5-13k

Off by $1. God damn you're lucky.

Nah, liq is 131

Almost anyway

>uptrend
HAHHAHAHAHAH HOW RETARDED ARE YOU

Yeah, but did you short it with 100x fucking leverage?

>100x margin at 112
>liq is at 131
Well OP confirmed larp and also confirmed retarded!

AAAAAND, HE'S LIQUIDATED AT 150

No I mean 13100 retard
How new are you

We'll see, show your TA then.

where are you shorting? Bitmex?

wanna watch this absolute trainwreck before its over

So, how does it feel to lose 6 BTC in a matter of minutes? And yes, I know you're just larping, you fucking attention whore.

will laugh when you inevitably lose it all.

>being this clueless
I'm gonna enjoy taking your money retards
I've been eyeing up a new car

I haven't lost anything. We're going to 4k. You're a retard and don't know how trading works

We're going to 4k~, I cba even posting chart but don't say I didn't tell you

>100x leverage
>Current price $11,371
>Liquidation at $13,100

Learn how margins works before you larp, you little shit.

Couldn't break 10k three times, yup sure going right to 4k.

Yeah thats my position moron

hmmmmmmm...user could actually make a fuckton of money off this trade.

Buttcoin isn't going to 4k though, thats for sure.

That's not how margins work. Fuck off.

Sage

>this is what bulls believe

Wait and see
That was before Tether imploded
See above
You're dumb as shit

Are you fucking new? That is my position

Im getting baited now but 100x margin means liquidation on a 1% move and if you got in at 11,200 like you said you would be liquidated at 11,312 which has already been hit.

No you fucking faggot, you can add to the liq price so as to not get liq'd

How fucking retarded are you? Please tell me you don't trade

OPs a larp. But i will say, I saw someone get liquidated at 2.9 MIllion dollars on Bitmex today. It was a long. Bulls are easily trapped!

nah, i only use 5, 10 or 25x.

>couldn't break it in the past, so it's never going to guys

I'm not larping, you just don't know how trading works because you're fucking 17 and retarded, lmao

Just placed a 20 BTC short with liquidation at $25,000.

How? Don't fucking worry about it. That is my position.

>tether fluxuates a few cents
>AAAAA TETHER IS IMPLODING AAAAA ABANDON SHIP

not a good move
according to martin armstrong we'rve entered an incredible vertical market
right now is the denial phase where everyone thinks it ca won't last
now is the time to hodl
to the moon

Oh, and it's 100x leverage.

How can you do that? Serious question, never traded on margin.

>you can add to the liq price

show log or LARP

Yeah, you very may well have done so but I doubt since you're 17 and don't know how liquidation or leverage works

You are aware that you can increase your liq price right? Are you fucking braindead?

We'll see

Read a book

>OP

You can’t do that OP is being retarded.

forum.bitcoin.com/trading-discussion/everything-you-need-to-know-about-bitmex-s-new-100x-leverage-xbtusd-swap-product-t7873.html

Are you stupid? Are you implying I'm wrong? I really can't believe people this fucking retarded trade

Lmao unbelievable

Its not my fault you wannabes don't know what the fuck you're talking about is it?

You trade btc and don't know how lev works? Ok lol

>Trying this hard to keep the larp alive

God damn, you're pathetic.

>read a book
Thanks OP, very informative.

F

>You can't increase liquidation price

HAAAHAHA
Please tell me you dont trade mate

There is no larp, you just don't understand what you're doing

big if true

about to get rekt

What do I look like, your teacher? You have the internet and just about any book available in the world at your fingertips but instead you just want spoonfeeding

Fuck off

I wonder if OP has any good trading books specifically about trading cryptocurrencies. Those are usually really reliable, and the data in them is always applicable to the current situation as the information never gets old or out of date.

When we hit 4~k remember I told you so, okay?

now we wait

By the time it took you to type this narcissistic negative bullshit, you could have explained it. Good job OP.

I'm holding it for the next couple of weeks.

>you can add to the liq price so as to not get liq'd

>6 BTC at 100x leverage
>In at $11.2k
>Set liquidation at $13.1k

In order to do that you'd have to add roughly 70 BTC to the liq price, you god damn brainlet. Inb4 you start larping about having 76 BTC.

Your thread gave me cancer and reduced my I.Q. by 20% OP. Congrats on this masterpiece, seriously.

ok user. If it really does hit 4k, then alts will fucking tank and I'll finallly be able to buy discount eth to make up for not buying back at $50 in march and completely ignoring crypto for like a year.

>tether imploded

lol.

>Waaaaaah he didnt spoonfeed me
Read a book nigger

>Being this stupid
Jesus christ lmao

Then give me the math. How much did you add to the liq price?

You'll have to add another 6 BTC for every 1% increase on your liquidation rate. No?

Not quite yet, but soon

b-b-but we in bullmarket again, right user?

lol such an insecure little fag. Good luck OP

>He doesn't know how leverage works
>He doesn't know how to increase liq
>He trades
Ok bro, enjoy

This is getting boring op

>I'm insecure for not spoonfeeding a lazy dumb cunt
I don't think so kid. Read a book, you might learn something

I know exactly how it functions, and I'm assuming most people in this thread do, which lets them see right through your shit larp.

Neck yourself, fucking attention whore.

No larp faggot, you're just braindead

he's right though. at 100x leverage you'd have to add another 6 BTC for every 1% increase after your initial liquidation, so about 60-70 BTC up to $13100.

kill yourself, faggot.

I've seen a lot of shit larps in my time, but this one takes the cake. OP can't even do basic math.

what exactly was the point of this larp thread? are you lonely, user?

Thanks for the free money, cuck.

Proof or GTFO

OP, where did you go?

Keep the larp alive. Tell us how you really put 76 BTC on the short to allow for a 12% liquidation rate on 100x.

>What do you think of that

i think you are a dumbass and should go back to trading your erc20 shitcoins

I have more than 76 BTC

There we gooo.

You only 100x once. Thats mainly because you are almost always instantly liquidated.

>100x leverage
so youve already been liquidated

3 million korean accounts registered (1/12 of the population)

3 MILLION ACCOUNTS REGISTERED!
3 MILLION ACCOUNTS REGISTERED!
BUY BUY BUY BUY
IN 2 DAYS

TETHER WILL BE FINE

at 100x leverage you get liquidated at 1% movement in the other direction
end of story

>You can't add to liq price
Back to watching wall street with you kid

there is literally no technical reason to be going short here. Question is are you stupid enough to have done all 6 as margin 100x meaning you have a 600 btc notional short, or was 6 btc the notional size and you're only getting rekd for .06

Then why didn't you say you put ~76 BTC at 100x short? Because with a $13.1k liquidation rate, that's what you did.

Call the suicide hotline or something if you're lonely. Stop shitting up this board.

i think OP is just trying a new FUD technique
unless he posts a screenshot of his position, don't believe him

>You can't add to liq price
you can add more btc into your margin wallet to buff your liquidity, yes. even if you did send another 70btc to bitmex to save your ass, you would have been liquidated within minutes of opening your position anyway