Epic, simply epic...

might kill myself desu

>>2618985
how much you down?

lost 150eur of my initial investment here

File: hulkster.jpg (77KB, 640x920px)

77KB, 640x920px

Basically lost all my June gains.

File: MaCID.gif (370KB, 480x360px)

370KB, 480x360px

>>2618977
Fucking kek

damn, I won't lie, that's a little concerning

>lol stop FUDing over August 1st, everything was worked out
>G-GUYS WHAT'S HAPPENING!?

File: Screenshot from 2017-06-26 11:20:48.png (12KB, 420x328px) Image search: [Google]

12KB, 420x328px

Why aren't you shorting this shit?

>>2619048
Yes sell the bottom goy

>>2619001
overall portfolio is down i think 10%+ (300 EUR) but i know that patience is a virtue so i am literally not down at all infact i am most definitely making a profit as we speak

I don't what you bitcuck fags are laughing about, have you seen that state of yourselves?

the most concerning part of this is that it actually broke that massive 16k ether buy wall at 250$

there literally isn't any decent wall untill 50$

welcome to 2013 lads, the bear is back, and its hungry

im selling for usdt now, while i'm a long term holder, i do want more ether, and i can buy a lot more at 50$ if i sell now

>>2619062
That's literally what the goal of shorting is...

>>2619089
its hitting a wall right now...pls go back up....pls

>>2618977

https://www.youtube.com/watch?v=cnqYivJbVP0

Something's going down like a waterfall

>>2619001
im actually still up a bit from initial investment, but i was ready to cash out most a few days ago but i decided to hold

File: .png (7KB, 1000x119px) Image search: [Google]

7KB, 1000x119px

>1337

>>2619136
>margin trading with over $100k
u wot m8

>>2619101
lmao

Please rethink that. Shorting is selling the top and buying the bottom, just in reversed order to your simple long trades.

>>2619089

VItalik should have died in a car accident now he's going to have a hit on his life...

Wouldn't doubt someone kills him over this...if it truly is going below $100...

>>2619136
I've never used an exchange that had an option to short. Can you elaborate on what leverage and P/L are?

>>2619136

That devilish margin trading

>>2619174
Ok, but that's really just semantics. You close your position at the bottom, so it might as well be "selling".

BTW for those who want a laugh and something to follow, pumpnotifier is doing a pump in 30 mins.

some new bagholders will be born

>>2619276
superb. amidst my horrific and humiliating cryptoevangelist death agony, i laughed

File: 1498427664951.jpg (10KB, 200x200px) Image search: [Google]

10KB, 200x200px

>>2619276

has gdax haulted trading? its flat lining

>>2619276
needs more hotpockets

>>2619276
Holy shit I literally said the same thing to my dad

So what's happening exactly?

>>2619204
link to the group?

>>2619181
A leverage of X:Y means that I put up X amount of money, but have Y amount to trade with. In other words, if I put up 125 worth of Ether in dollars, the exchange will allow me to trade with 250. The remaining 125 is lent to me by the exchange.

P/L is short for Profit/Loss and is the amount of unrealized profit or loss.

>>2619089

Crypto is a shit investment if all we can expect is just 3-6 months of bull runs and 3 years of bears.

>>2618977
Time to buy in.

>>2619385
Correction plus aftershocks from the recent ICO fiasco. It'll bounce back.

>>2619001
>>2618985
Stop thinking short term and hodl. You actually do more harm to everyone by selling.

>>2619460
t dot me PumpNotifier

please dont participate

>>2619022
Babby's first crypto train

>>2619466
Not really. If you can time that bull run...holy fuck you rich.

Basically this shit will be chaos until BIG stable money comes into play. Right now its all individual traders giving in and playing into hype.

>>2619466
>4000 % returns followed by 50% fall is a shit investment

LMAO, just time the market breh

>>2619475
>recent ICO fiasco
Oh, you mean Bancor right?

>>2619475
This is untrue.

Selling at 300 and rebuying at 200 means a 33% increase in coins. Its all a cat and mouse game. This shit is downtrending..the same pile-on effect that pushes the price high is the same one that crashes when everyone mans the lifeboats.

Possibly, yes. Main point I was trying to get across was that it isn't anything to freak out over like that.

>>2619204
Where's the pump faggot

File: Bag are heavy.png (155KB, 828x384px) Image search: [Google]

155KB, 828x384px

>muh $250 floor
https://youtu.be/E2XiORXwRXU

>>2619001
how? all in on ETH only?
I'm down almost 1k from 10k but it's a long long dip before it even reachs my initial investment.
I'm getting a bit of anxiety thinking on all the shit I could buy if I got more BTC or ETH lying around.

Nice knowing you guys

https://www.youtube.com/watch?v=y9yjDtl9Y2o

>>2619737
Sell and buy more when it drops lower....

make money...

>>2619516
Bancor just stole a shitload from a lot of idiots but Status ICO fucked up the network for at least a day.
Press F for the guys at Blockfolio too while you are at it because they have one of the most used apps to keep tabs on your portfolios and also promoted that fuck up.
I haven't seen anywhere a statement from the Status guys, did they just run off with the money?

>>2619001
>how much you down?
*How much are you down?

>>2619379
Of course you did

>>2619775
yeah I was looking forward not to do that because I'm a hoarding bastard and want even more. But I guess that I will do it as soon as I get back from work.

File: w94kr3ethu5z.jpg (97KB, 1222x830px) Image search: [Google]

97KB, 1222x830px

Just wait for it to go back up you dumb faggots

>>2619785
"How much you down?" is perfectly acceptable colloquial English, bro. Bet you're not even a native speaker.

>>2619809
You should be buying faggot

>>2619832
Whatever helps you sleep at night, uneducated faggot.

I'm still fine lmao

I bought into ETH at £180. Sold at £290. Now it's back down to 180 do I reinvest?

File: 1329340553654.jpg (100KB, 441x408px) Image search: [Google]

100KB, 441x408px

>mfw extracted 240x my initial outlay and still have 627x my initial outlay in crypto

File: file.png (47KB, 217x288px) Image search: [Google]

47KB, 217x288px

>>2619193
> so it might as well be "selling".
no, it's literally buying, aka covering your short position.

on the flipside, lots of barely used GPU's about to hit the market. titans aren't very popular mining cards are they? damn.

kinda funny that I'll be buying a GPU with the money got from shorting what the GPU was supposed to mine.

>>2619876
Wow, you're fucking special. Too bad the people who bought at $ 300+ will never put their money in crypto ever again.

>>2619865
yup

2.5 million sell order at 0.1BTC

lots of market selling

this is about to become a rout

>>2619176
Look what people like Jihan Wu get away with and no one's killed them.

>>2619883
It's funny because there are people who are unironically going to believe that article and assume ETH is going to recovery so they'll buy in en masses and probably give a slight bump to ETH. I might buy in right now just to capitalize

>>2619900
I started 3 years ago nigga, it's the people that quit because of a correction or /biz/ shills that miss out.

>>2619136
what exchange is this

so what's the plan if eth hits 200 by tomorrow? you guys going to load up on more, or are some of you people, who got in early, going to start looking at taking some profit?

AND AT YOUR FUNERAL
I WILL SING THE REQUIEM

>>2619856
You're insufferable

wish I saved the screenshot of the guy going long with a 2.5X $10000 margin at 0.11BTC.

He either quickly cut his losses or is liquidated by now.

http://financeandcareer.com/the-4-psychological-phases-of-asset-bubbles/

"Every time there is an asset bubble, delusional investors think it is going to be different this time around—that the bubble will not burst. Delusional investors are wrong almost every time. But just because you know a bubble is going to burst doesn’t mean you know when it will burst. Sadly, without hindsight, we are unable to know when the bubble will burst."

>>2619992
Kraken

>>2620276
wow, how insightful. Are this idiots getting paid by other idiots for stating the obvious?

>>2620416
Welcome to social sciences.

BTW lads eth is being ddos'd

https://etherscan.io/txsPending?a=0x331d077518216c07c87f4f18ba64cd384c411f84

epic

>>2620739
woah damn

>>2620739
WTF ?
someone is paying gas/gwei just to fuck up the network?

>>2620762
What do you mean "just". If he manages to crash ETH even harder and then buys back in then theres more than enough reason to fuck up the network.

I told you guys that ETH was very overvalued.
Even the pasta guy with the IT NOW EXIST 90 MILLION COINS or whatever
Then the bastard founders dumped 39,000 ETH and showed you exactly why ETH is a piece of shit.
If you didn't start selling at that moment, you're retarded and deserve losing your money

you guys can do what you want, however

expect a small bounce to 250 and then a massive plunge probably followed by 2-3 years of consolidation

major top is in, imo

do what you want

>>2620847
id be happy to sell at 250

>>2620783
I know that, I'm fucking annoyed because it's taking other coins with it. I only had 2 ETH left, sold mine more than a week ago, in fact I have those 2 left because I wanted to get into the SNT and that was a mess.
I wasn't sure about buying more ETH, I'm sure as fuck that after that I won't be at least it goes below 100$

>>2620858
that's why it will touch there, thousands like you

>>2619379
Hits home

>>2620385
>2619992
Is Kraken faster than the fucking polo ? I don't understand how can there be an worse trading platform than god damn polo!!!

If you're not buying up LTC now, you're gonna cry in a month

File: f68f7fcc92eeaafcc67b3800007b0698.png (6KB, 345x322px) Image search: [Google]

6KB, 345x322px

LOOOOOOOOOL

File: 1457216014690.png (261KB, 645x1260px)

261KB, 645x1260px

Looks like my wife's son isn't going to college anymore.

>>2620914
No idea. I don't trust Polo, so I don't trade there. I doubt it though. Kraken's trade engine is complete crap. I can't wait for Bitstamp to get margin trading.

ETH has been great to me lately, selling at the top and buying back in at the dip.

Remember when I said I had made $60K last week?

Well, I sold 1000 ETH this morning and bought back in, profiting $35K

And it's fucking monday. I feel good!

>>2618977
You know the BTC chart followed the exact same pattern, right ?

File: 1480630408319.png (255KB, 466x470px) Image search: [Google]

255KB, 466x470px

serious question, should I keep my short open?
I believe that it might drop till 0.085 and maybe even more, however I've got quite a bit riding on it and I don't want to give up my last chance at surviving this crash without any loses

>>2619136
>>2619181
jesus christ how are you brave enough to leverage this?

hodor-hold-the-door.jpg

>>2620994
Shouldn't you be measuring that in eth?

File: 4692d7e126fe328656c7b755c6ddd5164fe6d3adb826e23fac173e724b27c5a8.gif (2MB, 215x320px)

2MB, 215x320px

>>2619276
fucking gold

>mfw this is me and realizing I've got heavy bags now.

>>2618977
so this is the power of cryptocurrency...

File: 4e0388f4c59c59b17334b74c2c1378fcebc5af0d921978edbe82531cd4724766.gif (1MB, 394x297px) Image search: [Google]

1MB, 394x297px

>>2620971
Jesus Christ. What a shitshow.

BTC JUST BROKE 2300 ON COINBASE

Somehow it's still fucking dropping
4 days now
Even if all the coins bounced back 50% tomorrow I'd still lose money

>>2622003
see you at 2k by Wed

Sell! Sell you miserable whelps! Cut your losses! Make my short position even more profitable!

>tfw you dumped half your BTC and ETH to buy a house last week and it just so happens to dump off a day after

Thanks god

File: 1467004371714.jpg (62KB, 960x839px) Image search: [Google]

62KB, 960x839px

>coinbase is always down when you want to buy during the crash
So damn lame

File: 1498244480070.png (75KB, 233x261px) Image search: [Google]

75KB, 233x261px

>>2620974

2013 taught me

Take your profits when it starts to not feel real

It's going to come back down to 1500-2000 for Bitcoin

And 160-200 for eth

>>2620276
All them words and nothing was said

Thanks guys!!

File: EARF.jpg (59KB, 640x480px) Image search: [Google]

59KB, 640x480px

WELCOME BACK MOON SHOOTERS

>>2619016
It's not a loss until u sell blin

>>2619276
the laugh I got out of this almost makes up for the fact that I'm down thousands of dollars and want to kill myself

>>2622064

why the fuck would you want to buy right now ? its still free fallin

>>2619001
Down to 3k from 4k.
Shorted ETH though so should be fine once it recovers.

>>2622235
You're right. Sell low buy high.

>>2622285
that's the /biz/ way

File: basehunter head.jpg (13KB, 213x202px) Image search: [Google]

13KB, 213x202px

>>2622064
SHORT THAT SHIT NIBBA

>>2622235

Nope, it's currently recovering the small dip. It'll be up $30 in an hour.

>>2622235
Because I like making money, did the same last week with the $280 "crash", you can play the odds if you don't have much skin in the game

crypto holders right now:

https://www.youtube.com/watch?v=E1xqSZy9_4I

>>2622083
Less.
Sorry anon.

I fucking hate this song so god damn much. But I'll be damned if it isn't this thread's theme song.

https://www.youtube.com/watch?v=1lWJXDG2i0A

>>2622355
where do you buy then? total noob here

https://youtu.be/SiXS_jjJYY8

>>2622083
this is what happened to bitcoin in 2013

Operation April Foolscoin
https://pastebin.com/h7iGK49T

look at the date and compare it to the btc price then
maybe the same guys at work now?

File: ETH vs BTC.png (63KB, 1267x782px) Image search: [Google]

63KB, 1267x782px

Why do people only talk about ETH when BTC takes the exact same shit ?

>>2622484
percentages, ETH is down 30% and BTC is only down 10% on a 1week scale

Had $150k this time last week

Now I'm down to $75k

Fuck

>>2622444
I've used coinbase for years now, usually pretty good but my god has the site been flakey over the last few months of the ethereum craze, had to wait to wait an hour to put in a trade today. I'm sure other biz veterans have better recommendations. Other sites offer more complicated securities and margin trading too

>>2620966
Why is this? Also why do people hate on ltc?

>>2619962
I thought exactly the same thing. Waiting for it to happen and cash the fuck out

>>2622533
Thank you, I was checking out coinbase but I've read a lot about the inestability of the site so I'm looking for alternatives.

>>2622533
>>2622695

Gemini has always been good to me thus far

This dead kitty certainly loves to bounce.

On a scale of 1-10 (10 being the worst) how much of pleb ass bagholder is the average cryptofag? I'd say solid 7/10

http://imgur.com/CszZmFh

File: bitstamp-btcusd-Jun-26-2017-15-44-25.png (69KB, 3194x1653px) Image search: [Google]

69KB, 3194x1653px

no need to worry

File: 2681516576.jpg (54KB, 1044x783px) Image search: [Google]

54KB, 1044x783px

>>2622900
What are you doing here? I thought I told you to go fuck your mother!

File: KEKMAO BOIS.png (42KB, 1262x515px) Image search: [Google]

42KB, 1262x515px

If we don't know why it is 'crashing' - it is not.If we don't know why it is 'crashing' - it is not.If we don't know why it is 'crashing' - it is not.If we don't know why it is 'crashing' - it is not.If we don't know why it is 'crashing' - it is not.If we don't know why it is 'crashing' - it is not.

>>2623631
"if a car crash into me, but i do not know why it is crashing, then it is not crashing into me" -Vitalek

>>2623708
where did the lambo crash
what lambo

i d o n t k n o w

To make some money simply join us: https://t.me/pumpsoldiers

>been travelling for almost two days
>finally get comfortable and in hotel
>wake up to this
welp, gonna have to commit sodoku

>>2623631
>implying I forgot ETH was not a store of value and just some autismo's pet-project

Only thing I forgot is how fucking retarded all these newfags are and that noober panic selling crashes all my alts -____________-

>>2624459
Fuck off.

File: JeffersonFlagProposition1_CunthairPerPixel.png (86KB, 4021x3072px) Image search: [Google]

86KB, 4021x3072px

Leverage = Ra / Rp
Ra = (acct_start-acct_loss)/acct_start
Rp = (price_entry-price_stop)/price_entry

Therefore,
Leverage = [price_entry*(acct_start-acct_loss)]/[acct_start*(price_entry-price_stop)]

You then buy:
Volume = Leverage*(acct_start/price_entry)

Where:
acct_start = starting balance
acct_loss = desired ending balance for loss if stop is hit
price_entry = entry price
price_stop = stop-out price
Ra = account risk
Rp = price risk

You want to set your take-profits at price_entry*(n*Rp+1) (where n is at least 2).

Only thing left is to find a tool which gives you at least 40% correct trade directions and you can now "gamble" in a controlled fashion, with positive expectancy like a casino. Keep your account risk (Ra) below 3% (.03) per trade (at 1%, you can lose 50 times in a row and still have over half your account left) and your risk of ruin goes way down.

>>2619379
I said the same thing to him. Then I lost 25k USD the next day on DGB.

https://t.me/goldpumps
make it back with free pumps. ride the wave. new group starting.

>>2619466
You had your opportunity this spring. If you're not on holiday this summer in the Bahamas then better luck next year.

File: JeffersonFlagProposition2_CunthairPerPixel.png (136KB, 4971x3072px) Image search: [Google]

136KB, 4971x3072px

>>2624729
>>2623686
I haven't received a single (You) for either of my two posts. Either /biz/ already knows this, or /biz/ are a bunch of edgy children who can't into math...

File: 1481837734587.jpg (84KB, 907x661px)

84KB, 907x661px

>>2619962
>>2622679
>being this retarded

File: IMG_1349.jpg (41KB, 480x420px)

41KB, 480x420px

>>2618977

I'VE BECOME SO NUMB

File: 1419046402656.png (109KB, 450x368px) Image search: [Google]

109KB, 450x368px

>>2619809
How are you posting on the internet with those heavy bags in your hands?

>>2619048
how do you short or where?

>>2622389
that's some scary shit

>>2625014
only works when margin trading, search for exchanges that allow it. It works by borrowing the coin in question from the exchange, at the prospect of buying it back later for cheaper.

Dear newfags, do not try to catch the falling knife and do not let /biz/ retards convince you otherwise

File: DCOgbxFU0AAyg7-.jpg (21KB, 350x410px)

21KB, 350x410px

>>2622389
The spread was fucking nuts, went 10 handles wide. A lot of people think they could just sell the big pushes, but trust me, if you have a small account you just sit there and watch out of pure fear. The crazy thing is that it went nearly all the way back up in about five minutes.

>>2625167
>The crazy thing is that it went nearly all the way back up in about five minutes.
Crazy, huh? No way it could possibly crash again :^)

>>2624815
Are you expecting these fucking things to behave with any predictability in the near future? What sorta whack-ass technical analysis is going to justify your trades?

>>2625167
go long 5X's for easy money this week

Holly shit is that bitcoin?
Damn glad I sold at $1000 if it is.

>>2625496
are you retarded

>>2625496
No, it's DGB