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Topic: Bitmex Tips - How to not lose your house and maybe even make some money - page 2. (Read 948 times)

member
Activity: 378
Merit: 28
Took a measely little $30 profit but reshorting 6750
member
Activity: 378
Merit: 28
member
Activity: 378
Merit: 28
Took profit at $6500 but still think next move is up. Hoping to get a reentry around 6400
member
Activity: 378
Merit: 28
Been gone a couple days. The Bitmex going down and BTC pumping $500 1 minute later was hilarious.

I think I'm going long at 6375ish here. Really think we'll test 7k at some point but being very careful.
sr. member
Activity: 342
Merit: 250
member
Activity: 378
Merit: 28
member
Activity: 378
Merit: 28
Shorted 6450. Looking to long 6350 now.
member
Activity: 378
Merit: 28
Long at 6300. Quick scalp.
member
Activity: 378
Merit: 28
Took profit at 6500. Shorting 6750ish.
member
Activity: 462
Merit: 12
Indonesian Translator, #1 Quality is prioritized.
Nice thread, I tried bitmex for my first time 2 days ago. At first didn't understand what are these margin and leverage stuff, but it's not so hard to understand this. Got my first 0.032 BTC profit yesterday, so damn excited because I can get money as easy as that (within few hours), feeling excited, I then decided to try ETHUSD market, wasn't a pleasant experience to be honest.. lost 0.05 BTC so far. Well, I guess greedy sucks, and I will never ever use x50 leverage ever again.

NB : Still pissed because I just realized that the liquidation is pretty unrealistic (3$ differences, I shouldn't try it in the first place), well, stupid me.
member
Activity: 378
Merit: 28
DCA'd at 6200. Average entry is 6260 right now.
member
Activity: 378
Merit: 28
member
Activity: 378
Merit: 28
Beautiful day after being so horrible last night. Took profit. Waiting to see what happens.
member
Activity: 378
Merit: 28
Well crap. Got owned on my 6250 long, but wasn't horrible. Longing 5875 here.
jr. member
Activity: 182
Merit: 2
Heard a lot about Bitmex and how it has rekt a lot of people and made a few rich equally. I don't seem to understand what it is all about, especially shorting and going long. I need to sit it out and get a hang of it
member
Activity: 378
Merit: 28
Took profit at 6420. Waiting for a retrace, kind of hoping to long 6300 again.
member
Activity: 378
Merit: 28
member
Activity: 378
Merit: 28
Long at 6200. Will probably take around 6350 or 6400
member
Activity: 378
Merit: 28
There's the bounce! Was long at 6100. Probably sitting out for a bit to see where this goes.
member
Activity: 378
Merit: 28
Feels like 6k is a good bounce point. Doing some scalps here and there. Few trades have gone south but all have bounced back luckily.
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