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Topic: Bitmex/Derebit Tips - How to not lose your house and maybe even make some money - page 8. (Read 2628 times)

newbie
Activity: 29
Merit: 0
Thanks for the tips. I lost a lot on bitmex when i was new to it, around 10btc.

All good now, i recovered what i lost though it takes a lot of time.
member
Activity: 378
Merit: 28
Had longed 8k and was sweating bullets as I DCA'd down to 7.8k. Definitely paying off now. Seeing 8.3kish as the next target here after a small retrace.
member
Activity: 378
Merit: 28
Thinking an 8050/8k bounce to maybe 8.3 again.
member
Activity: 378
Merit: 28
Whew was I wrong! No trade zone right now. I'm thinking maybe 8.4k then down, but who knows at this point.
member
Activity: 378
Merit: 28
Good 7800 rejection. Next stop is 7.5k or 7.2k I think.
newbie
Activity: 100
Merit: 0
If we break 8k this month,I'd be surprised, hopeful it will happen.
member
Activity: 378
Merit: 28
Said this in my other thread and I was super wrong! Really don't think it should go any further up without some foul play! We'll see I guess!

"Close enough to 7.6k I think thats it. Maybe 7.5k again then 7200 as a retrace."
member
Activity: 378
Merit: 28
7.6k might be the next stop. 7.8k looking somewhat doubtful.
member
Activity: 378
Merit: 28
Another good day. Basically my strategy the last two days has been to find good entry points and then set smaller orders up to $100 passed that point. Even when I miss the entry really bad, it's eventually retracing way passed each one and I've done pretty well. Will likely get caught in one one of these times, but hoping this continues for sure!

Still following this strategy. I think the next move will be 7.8k, but plenty of money to be made before that.
member
Activity: 378
Merit: 28
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
Thankyou

Really a good read before using bitmex

Duke
full member
Activity: 378
Merit: 100
Short BTC at: https://www.bitmex.com/register/spz2
Never ever use more than 25x leverage. 10x is best, and 25x if you know what you're doing Wink
jr. member
Activity: 126
Merit: 2
thanks for giving tips for trade in bitmex, before i've ever wanted to try bitmex but because of my lack of knowledge confused start from where and after reading your post I have found out how to start trarding in bitmex
thx bro
member
Activity: 378
Merit: 28
Another good day. Basically my strategy the last two days has been to find good entry points and then set smaller orders up to $100 passed that point. Even when I miss the entry really bad, it's eventually retracing way passed each one and I've done pretty well. Will likely get caught in one one of these times, but hoping this continues for sure!
member
Activity: 378
Merit: 28
Beautiful day with all the swings. 7300 is a bit of no trade for me, might see what direction it goes.
member
Activity: 378
Merit: 28
Welp I got mega boned on yesterday's pump as I was still in the short. Unfortunate, but it happens. Lost about a week of earnings, time to get back to it. Shorting from 7500 here.
member
Activity: 378
Merit: 28
Welp, REALLY hoping this retraces. Somewhat scared!
member
Activity: 378
Merit: 28
Stuck in a 6500 short but fairly sure it's going to retrace at some point.
newbie
Activity: 66
Merit: 0
Great info, thank you!

Also, thanks for the updates, they give us a "feeling" for whats going on in the market.

Good work, keep it up.  Smiley
full member
Activity: 574
Merit: 102
https://adonx.one
When i trade on Bitmex i never use leverage more than 5 times, because my opinion if use more than 5 times leverage will be the same like betting. And when we doing  betting we will never win.
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