4chan archive /biz/ (index)
2021-02-07 06:43 28011713 Anonymous (308-3081643_view-samegoogleiqdbsaucenao-wojak-pink-wojak-png.jpg 820x661 140kB)
Just blew up $760 on bitcoin futures with 125x lavrage. Thought 1 percent in my direction would me enough.
1 min later 28011798 Anonymous
>>28011713
I don't use leverage, what does this mean
1 min later 28011835 Anonymous (Qz3hLLLh_400x400.jpg 215x215 7kB)
>$760 on bitcoin futures with 125x lavrage.
I could feel my butthole clench, why the fuck would you ever leverage crypto
2 min later 28011896 Anonymous
>>28011798
it means he owes someone $760000
3 min later 28011940 Anonymous
>>28011798
He borrowed 125x of what he had to make a stupud bet that the exchanges would liquidate instantly
3 min later 28012001 Anonymous (85165796516541.jpg 703x443 41kB)
>>28011896
4 min later 28012065 Anonymous (1612110576694.gif 524x374 113kB)
>>28011940
Leverage is a great to transfer wealth from dumb to smart.
t. Waffen Pepet
4 min later 28012080 Anonymous (1612530324762.jpg 604x437 38kB)
holy fuck anon your life is ruined
5 min later 28012082 Anonymous (1608059243744.jpg 385x390 95kB)
>>28011896
Kek kek kek
5 min later 28012092 Anonymous
>>28011713
even with qppx you don't have a 1% leeway, it's more like .5% . they are keeping a gap to not put them at loss.
6 min later 28012155 Anonymous
>>28011713
Don't ever risk 125x leverage unless it's after we bounce off firewall support, e.g. 125x long on ETH after it bounced off 1500 would have been ok. For a minute.
6 min later 28012156 Anonymous
>>28011798
With leverage you lose your investment if it goes wrong. With that leverage he must be pretty much 100% right with direction and entry to make money. I blew loads of money trying to find the top of the last btc pump, I learned my lesson and invested in long term projects
6 min later 28012166 Anonymous
>futures, options and leverage
Completely degenerate
6 min later 28012177 Anonymous (f9o26dzrb5n51.jpg 960x960 55kB)
I'm sure this is a troll but it always amazes me how often people ruin their life here
6 min later 28012205 Anonymous
rookie numbers
i get liquidated every week
6 min later 28012207 Anonymous
>>28011713
lol i did that the other day with $500. just get back into shitcoins instead, it's so much safer
6 min later 28012211 Anonymous (waaaa.png 1024x679 1097kB)
my god OP...
i did not know that you could be this retarded
7 min later 28012230 Anonymous
>>28011713
>$760 on bitcoin futures with 125x lavrage
Where can you buy these kind of contracts????
8 min later 28012330 Anonymous (ede2b35ab00e4365be8e199112a17567.jpg 363x550 23kB)
>>28011896
What could possibly go wrong...
9 min later 28012403 Anonymous
>>28011896
I think that's their problem rather than his.Who the fuck is offering 125x?
10 min later 28012511 Anonymous (1600564828419.png 675x667 385kB)
>>28011713
>125x lavrage
Anon I....
11 min later 28012571 Anonymous
It was on Binance, they vaporize the account in a sec, couldn't even close the position kek. Money is not the issue, I wanted to gamble, lessons learnt.
12 min later 28012622 Anonymous
>>28012205
Based
>>28012166
Cringe
12 min later 28012628 Anonymous
>>28011713
im brainlet whats the math for him to go busto ?
bankrolls 760*125 = 9500
760 dollar swing = 760 / 9500 =0.008 = 0.8%
1/125 if i wasnt retarded and didnt do that pointless math right?
760/(760*125)
14 min later 28012749 Anonymous
>>28011713
where do you guys buy crypto derivatives?
14 min later 28012775 Anonymous
>>28012628
>760*125 = 9500
it's 95k
14 min later 28012790 Anonymous
>>28012628
should be 95000*
0.761 0.077