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08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
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File: 1664299941764812.gif (546 KB, 512x512)
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>>62630541
Hell no. Learning to trade long or short on futures is though.
>>
>>62630596
Upvoted and a 4chan Gold to you, kind sir!
>>
it's an important lesson to learn, so yes it's worth it

you will be poorer at the end but you'll be better for the experience and won't make mistakes like that again
>>
Yes, if u are retarded
>>
>>62630541
>put 100 bucks in shitcoin
>either you lose 100 bucks
>or you get 1000x
if you like a shit coin then just do it. it's not that serious. it's like a lottery ticket that you only have to buy once but gives you thousands of chances to win.
>>
>>62630787
>put 100
>get 1000

this guy doesnt know the terms leverage and liquidation
>>
>>62630541
I made $30M gambling on shitcoins. Then I transitioned to being a leverage fiend and lost $27M on perp dexes and naked call options. If I'd just stuck with memecoins and spot exposure I'd probably be a billionaire by now.

>>62630787
Yeah just this. Memecoins are almost always -ev but at special times with certain memecoins you can throw $1000 in and turn it into a million overnight. And even if it doesn't work out you probably can still walk away with $500 or $200 or whatever. To get those kinds of potential returns on perps or options you basically need to lever up 1000x (tiniest move against you liquidates you) or buy 0dtes (you need the move to happen immediately or theta rapes your ass to 0 by market close). Walking away with half or 1/4 is infinitely more recoverable-from than getting liquidated or expiring worthless.



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