GET THE FUCK IN WE ARE MOONING
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
GET THE FUCK IN WE ARE MOONING
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
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Dead cat bounce
Floor is 8k not there yet.
>1 min candles
Keep coping coiner.
keep being salty nocoiner
What the hell is happening?
OOOOOOOOOOOOOOOOOOOOOOO
WE MADE IT BOYS
ITS UPWARDS AND ONWARDS
>nocoiners unironically thought btc millionaires would let btc tank
Weak hands got shoken out
Hah fuck tom petty
alright which shitcoins should I buy?
WWWWWWWWWOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
HERE WE GO FAGGOTS I HOPE YOU FASTEN YOUR SEATBELTS BECAUSE WE ARE GOING FAST
bitch might go up to 10k5 in the next couple of weeks but the target is still 7k5 lads and might be even lower in the upcoming months
LOL @ all the 1 minute candlefags.
>thinking this is over
>using 1 minute candles
you’ve got another thing coming man
assets never go purely in 1 direction. its aclled volatility. do u know haw many spikes up we will have on the way down to 2k? tonnes some will be 10%+ even, but the trend is bearish. sorry kiddo
same thing happened yesterday
we'll be back down in an hour
Massive buy walls on bitfinex to begin with. We needed 3k BTC to lower the price from 8950 to 8850 lmao
Thanks just bought 100k
and its down again, lmao. just sell
CRASHING DOWN AGAIN
AHHHHHHHHHHHHHHHHAAAAAAAAA
REEEEEEEEEEEEEEEEEEEEEEEE
lmao none I guess
>don't have any of these meme coins but have traded for years
>watching this sell off go on and on and on
>hmmm looks like time for the late shorts to get raped
>500 dollar bounce out of nowhere literally two minutes later
fuck, I'm going to end up trading this thing what a drag
>1 minute chart
SELL SELL SELL SELL SELL
$20k end of week
ded cat bounce :(
Nothing would really surprise me anymore. Could be $2K or $12K by 8PM tonight, I'm done trying to gauge which is more probable
...
Aaaaand it's back down!
checked
KEK WILLS IT
Floor is 1k dumbass
Go on bitmex.
Put in $100 long BTC at 5x leverage.
Put in $100 short BTC at 5x leverage.
Let the market do whatever it's gonna do and still walk away with 50% profit.
Am I doing it right?
>be me
>sell
>btc immediately starts recovering
nope
my understanding is if you short it but the market goes waayyyyy up you are wayyyy fucked.
Shorting at $8K
BTC goes to $20K
You are out $12K
Shorting at $8K
BTC goes to $4K
you just made $4K
I'm not an autist, please someone correct me if I'm wrong
Interesting. If that works, it's genius and I'm tempted to go that route.
dont get rekt kiddies
this,i have been waited for so long to buy at 8K
...
It's true. When you short the max you can do is double your money (+100% unless you are trading margin), while your potential losses are unbounded. This is compared to when you buy your gains are unbounded and the most you can lose is all your money (-100%).
> (You)
>my understanding is if you short it but the market goes waayyyyy up you are wayyyy fucked.
>Shorting at $8K
>BTC goes to $20K
>You are out $12K
>Shorting at $8K
>BTC goes to $4K
>you just made $4K
>I'm not an autist, please someone correct me if I'm wrong
I could be wrong, but my understanding is that shorting BTC on bitmex doesn't work like shorting a regular stock. I think on bitmex you only lose what you put in (when you e stopped out).
We need confirmation of this from some of the high level autism around here.
...
OOOOOOOOOOOOOOO