Liquidated on Mex

>Open Long at 50x at around 9,300.
>Know that Bitcoin wicked down to like $9,100
>Too afraid to open account

I got liquidated, didn't I?

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check again nigga you're good

don't worry OP, bitmex is usually quite good when it comes to not liquidating people for no reason

Pretty sure that my liquidation price was around $9,200 range since I used 50x leverage....

I'm fucking sweating bullets here lads.

well what's the verdict, how much did you make or lose?

I think op did an hero

OP, this is the time to own BTC. Gambling? to a good idea right now.

Not a good idea

>50x

nah, you're 100% ded.

I'M GOOD BROS!

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Nice. Glad you're alright fren

noice

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Take profit or ride this bitch out to May 10?

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This is going to 12k minimum and probably 14k. Hope 12k hits before halvening.

That was a close one fren

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Whew. Don't want to get greedy lads, but I feel a momentum we haven't seen since 2016.

I just have a feeling some cunt whale is going to generate a massive red dildo and wipe out the longs...

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Jesus man 50x doesn't even make sense to attempt, its legit gambling if you don't have the margin withstand. You will get liquidated more often than not, and I suspsect you won't exit this winning trade well either. I never play with more than 10x and have significant excess margin to DCA down after scam Bart formation candles come out of literally nowhere.

You may as well let it run now, but create fucking trailing stops to retain profit you already have. DO NOT get greedy and remove the trailing stops; if they trigger they trigger. FFS make a system and trade it, always stick to it.

I just trade LINK futures nowadays. I made 1000% from mid Feb to mid March on a short term play. The Black Thursday fucked me a little I was up closer to 1500%. Idk why I didn't get out of the market when I knew Corona was going to shut everything down. Overall I still got lucky.

Lame

It was "fuck it" money anyway. Had 3 ETH, and the idea was to use the social momentum building for the halvening.

Should I stop now? My liquidation price is now around 9020.

Can the Bobos even generate a red dildo that long?

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Don’t get too greedy, always take profit on leveraged bets

well how much did you make then?

in all seriousness OP, cash out your position and close your mex account. get a good night's sleep

Yeah, but goddamn, it's nearly the weekend and the thing is still pumping with that major event right after the weekend..

Can the Bobos really pull off anything major?

I know virtually nothing, but I think you gotta let it ride, unless fees will eat you

They can. But I hope they wont......

See:About 0.25 BTC in profit right now.

Haters gonna hate potatoes gonna potate

How does this work with cryptos?

Goddamn user, how new are you?

Mutiply 0.25 BTC by the spot price = profit of $2,574.