Just lost all my money (five figures) betting on a 20x long ama

Just lost all my money (five figures) betting on a 20x long ama

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why do you retards use levers? just buy the coin without margins wtf

>loosing his made it stack right before the gbr
Well deserved retard

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2x feels pretty safe

>when becoming a millionaire in a few years isn't fast enough

I was always a spot only dude but I keep reconsidering to do some margin moves. Should I not, then?

really? well you probably have a job and can replace that money quickly. i'm a neet so that sort of loss would destroy me

based retard

did you not read the OP?

how does this picture make you feel?

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I have, I just assumed OP is a retard.

It's amazing how "buy LINK and then do absolutely nothing" is too hard for 90% of "investors".

cute

This. This so many times. OP could have entered the Citadel. Now at best we'll let you be a gate guard or something.

just trade on margins again and you should be up there in no time

can happen to anybody. especially short term the market is unpredictable. thats why so many retards on /r/wallstreetbets lose their money. its gambling. at least when you buy spot you get to keep the coins if the price tanks and can wait for recovery

retard use half or 1/4 of your stack to 20x using the remaining as a buffer after your immediate entry
when things look good go in with the rest
have some risk management don't just HUR DUR ALL IN like an idiot

>loosing

>five figures
OH NONOMO
THERE ARE STILL POORFAGS HERE

Cute

user...

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because you make more money from market moves. are you retarded?

you lose more money from market moves.
ftfy

and you lose 100% if it goes into the wrong direction, are you retarded?

Soon the great bullrun will begin, but when it does the weight of your stupidity will stay your feet, and you will never make it

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I've been playing around on the Kraken futures demo platform to work out this stuff works. Seems to make sense. But then I see all these scam wicks on the charts and it makes me think WHAT THE FUCK. You're telling me that the price of Bitcoin dropped to fucking $4,000 today then jumped up to $22,000 in the same hour? So if this is how they do it, you can get liquidated at any time with absolutely no warning and it doesn't even need to follow the overall (somewhat predictable) trend of the market. Please tell me they just put this in the demo version and real live futures trading isn't like this. Because if it is, it's not even gambling, it's just a straight-up scam.

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well which coin?

>ama
>does not answer a single question
user are you ok?

I wanted to make 3x trades but even a 26% against you, liquidates your position.

user, at least you had balls and took the risk
hope you make it back

this was just a b8 thread. get rekt, faggots. i own 10k link and i'm not reading any of your posts.

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cope