how are those shorts looking bobo
I'm new, but I have to ask. Do people ACTUALLY take huge leverages and think they're not gonna get fucked?
What shorts? I already took profits. Im waiting for tomorrow to see how the market moves before I punt again.No mindless bulling no mindless bearing. Just profit.
>>61824912Yes.
>>61824912Yes. It's why the entire stock market is a fucking nightmare. Degenerate gambling at its worst, combined with finance kikery that tries to rig the system.
>>61824869Any time mumu's get cocky it ends painfully. Remember uptober? AHAHAHAHA.
>>61824912That leverage. Is the only reason the price passed 10k.
>>61824869Wow they’re really just manipulating the prices to liquidate people.
>>61824869I opened a short at 70.5k on friday at a 10x leverage. Right now I'm pretty comfy. We will dump again when the markets open.
>>61824930this, I'm waiting for the bulls to push it higher and start euphoric posting again.
>>61824912Fuck yes we do. And spoiler alert - it's the only way to make real money that's worth your time and effort.But there is a key difference, however, between the ones that think they know what's going to happen and guys like me who accept that we could always be wrong. When the stoploss hits us, we shrug, take our licks and then we fucking do it again but at a better level than the one that gave us a bit of a fisting. The former losers, however, they can't admit that they were just wrong. So they curl up into a fetal position and cry the first time their stoploss gets hit or worse - they trade without a stoploss and keep on adding to a losing trade until eventually they get liq'd.
>>61824869I shorted at 71k and will close around 65k. I'm feeling good
>>61827569>it's the only way to make real money that's worth your time and effort.No it's not. Leverage is literally a poor man's game. The more money you have, the less risk-on you need to be with your investments in order to make it.
Leverage seems like a great way to lose all your money quickly
>>61827689Sure, if you're the kind of retard that goes all in with no stoploss.
>>61827569It all depends on the instrument you total mental niggers.With crypto changing 20% a day you don't need one. Take forex, on the other hand, without leverage it's almost impossible to trade reasonably.
