It's popping Get out while you still can coiners

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>>1726354
m4ke m3

how many times are buttcoiners gonna get BTFO'd before they quit

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>patiently waiting for btc to drop to 100$ and then buying

>>1726367
what is leverage

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>>1728200
>what is leverage
I genuinely don't know

Is it like a valve?

>>1728200
borrowing money on the exchange to increase the amount of potential earnings or losses + paying maintenance fees depending on how long you keep the position open for. I traded in Euros because it allowed the highest leverage on Kraken for 5 times the amount of equity I had. Trade Equity is the sum total value I am allowed to use as collateral for trading, so If the trade ever went too badly, they would Margin call me and liquidate my position taking money from my equity.

>>1726367
praying for you anon

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>>1728261
Got scared after getting home from work and sold for 300 euro profit and then quickly bought back in again to ride the wave with more equity

>>1728272
so you have to have enough currency or other coins to cover the leverage?

>>1728278
I have like 3.2 BTC or 2.5k Euro in holdings, therefore I can borrow up to 5 times that value to make trades. For this trade I borrowed the ~10k Euros to buy 15 bitcoins. Idk what the margin call level is, but I think If my equity (trade value - trade cost) drops to ~50% of my margin (amount borrowed) it immediately sells for a loss and forces me to payback the loan. Othewise I pay it back when I close my trade manually and it doesn't cost very much to open/hold.

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>>1728278
forgot pic

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>>1726755
Rocket already launched at $750. Cope more:)

>>1728289
I see. So closing the trade basically means selling it back to EUR? gl with the riding the wave

The chinks passed inspections and giving the chinks their freedom back

Price is rising

I just checked the graph and its going down qickly, do you shit your pants and sell at this point or what?

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>>1728349
ride the waves brah, gotta expect some rocky riptides in this game. A strong stomach is required to use leverage. Went from positive 160 Eur to -150 Eur in a matter of minutes. Back to -60 now

>>1728349
Who /ready for a new bottom/ here?

Don't forget to /buy the dip/

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>>1728362
Ok, I tried to ride the waves with a small sample amount and man is it hard. I really don't think this is for me. I'll practice cents some more, but if that screen isn't consistently all green I don't think I'll be risking it.

>>1728966
Looking at this mess I just realized if I do everything just the opposite of what my gut tells me I should be fine.

>>1729009
kek