I got liquidated on Bitmex and lost everything

I got liquidated on Bitmex and lost everything

you this guy?

>shorting BTC on a bull run

The time to short BTC was when it was 17k+. You're retarded for shorting now.

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Good. S.

How much?

Ok, and you started this thread, why?

If bitcoin was 17k+ you would be the guy saying you'd be an idiot to short now and how it'ss going to 30k by the end of the month.

Except I never did

This.

I didn't short Bitcoin
I longed but it dipped a few hours ago and I got liquidated before it bounced back to where it is now

Bitmex is a scam

No

Same reason your mom sucks dick
For fun

Why are you entering at a bad time with a over leveraged position?

Why are you not setting stop losses?

Scale in your trades where you think a dip/turnround is likely.

Wait until it goes up a little bit. Set your stop losses just above your entry.

Sit back and watch money flow in.

If it goes down past your entry more than a couple % then close and redo your TA.

I feel you pain bro been rekt hard before here but I have made 8x on my investment since the 8800 inverse head and shoulders. This is going to the meta trendline at 11500 be careful round here.

Just play safe it safe.

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tough lesson. Mess with the bull and you get the horns

I did all of the rest but I over leveraged my position because I have a small bankroll to begin with. I wouldn't use lev otherwise. I had a stop but removed it because I thought we might dip down to 10600 and we went way lower than that and so I was liquidated. My target was 11150

I didn't short

So you bet big and lost. If you made it you would have won big. How is this a scam?

No, it still would have been a scam, I would have just been lucky.
It really is borderline scam. I heard people say they feed your positions to bots and sell data

Then you have poor risk management. Play the market not your bankroll. Be patient.

>This is going to the meta trendline at 11500
elaborate pls

I get the feeling the line between scam and gamble is the result stop whining

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No, both the same. I knew it was semi-scam from the beginning.

Bitmex a scam? Are you fucking retarded?

Oh wait, you are.

>Manipulated market
>Sell your info to bots and whales
>Spread is random at any given time

I'm not saying it doesn't work for some people or its impossible to make money, but its definitely "rigged" in their favor.

The house always wins.

how much leverage did you use

10x

>the house always wins

You know your liquidated long sold into another buyers order, buying your forced blood, right? Bitmex doesn't pocket your liquidation. You're fucking retarded and obviously shouldn't play with leverage.

They pocket fees retard

damn that sucks. Im glad i dont mess with bitmex i'd have 0 btc now