If you do have experience with Bitcoin futures trading you can make a lot of money. Yes, high leverage is insane, but the profit is the same! Please check our hiring post if you are good and want to join our team!
https://bitcointalksearch.org/topic/bitcoin-day-trader-for-hire-1027575
Topic: Trading futures with 20x leverage... what a rush. (Read 6350 times)
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
This scenario isn't logical. For every $1 btc/usd at 20x leverage you earn or lose $20 @ $400/1btc price would have to move $340 to make 17 btc not counting trading fee's. Even with 50x leverage it would be quite difficult to turn 1btc into 17 within 36hrs
The futures price went from essentially $365 to $485 within a day or two. Case closed.
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
This scenario isn't logical. For every $1 btc/usd at 20x leverage you earn or lose $20 @ $400/1btc price would have to move $340 to make 17 btc not counting trading fee's. Even with 50x leverage it would be quite difficult to turn 1btc into 17 within 36hrs
It wasn't quite 16btc... I was going to stop at 16 (prob not.)
It was with 20x leverage.
I deposited 1 more BTC on top of the first one to chase a early loss that turned out well for me.
YOUR FULL OF SHIT
Gtfo with your caps locks
http://pastebin.com/GJbVXSVF
http://pastebin.com/0AWAmWD3
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
This scenario isn't logical. For every $1 btc/usd at 20x leverage you earn or lose $20 @ $400/1btc price would have to move $340 to make 17 btc not counting trading fee's. Even with 50x leverage it would be quite difficult to turn 1btc into 17 within 36hrs
It wasn't quite 16btc... I was going to stop at 16 (prob not.)
It was with 20x leverage.
I deposited 1 more BTC on top of the first one to chase a early loss that turned out well for me.
YOUR FULL OF SHIT
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
This scenario isn't logical. For every $1 btc/usd at 20x leverage you earn or lose $20 @ $400/1btc price would have to move $340 to make 17 btc not counting trading fee's. Even with 50x leverage it would be quite difficult to turn 1btc into 17 within 36hrs
It wasn't quite 16btc... I was going to stop at 16 (prob not.)
It was with 20x leverage.
I deposited 1 more BTC on top of the first one to chase a early loss that turned out well for me.
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
This scenario isn't logical. For every $1 btc/usd at 20x leverage you earn or lose $20 @ $400/1btc price would have to move $340 to make 17 btc not counting trading fee's. Even with 50x leverage it would be quite difficult to turn 1btc into 17 within 36hrs
More leverage more risk also more profit.
Scared money don't make no money!
More leverage more risk also more profit.
The first rule when trading BTC 20X (or more) leverage is...
you will not, cannot and should not SLEEP!
you will not, cannot and should not SLEEP!
Or just don't hold overnight positions
Of course, close your positions before going to sleep.
Or, as an alternative, use a platform that allows you to set stop losses.
Don't know of any that do with leverage.
Poloniex does, but does not offer the leverage.
Most of them do allow stop losses in some form, actually.
Which ones - with leverage, 10X, 20X like OKCoins?
Since no one answered my question, I'll ask again:
What BTC exchanges offer 10 or 20 X leverage besides OKCoin?
I use OKCoin (in my signature.)
Doesn't 786 or whatever their name is offer margin trading?
The first rule when trading BTC 20X (or more) leverage is...
you will not, cannot and should not SLEEP!
you will not, cannot and should not SLEEP!
Or just don't hold overnight positions
Of course, close your positions before going to sleep.
Or, as an alternative, use a platform that allows you to set stop losses.
Don't know of any that do with leverage.
Poloniex does, but does not offer the leverage.
Most of them do allow stop losses in some form, actually.
Which ones - with leverage, 10X, 20X like OKCoins?
Since no one answered my question, I'll ask again:
What BTC exchanges offer 10 or 20 X leverage besides OKCoin?
The best way to trade theses things on those platforms is to make a new account as soon as you close a winning position.
that way you don't have any sozialization losses.
I would think that any trading platform/exchange would be able to monitor individuals via IP address/cookies.that way you don't have any sozialization losses.
Plus if an exchange that allows leverage is truly neutral to every trade then they would not need to socialize anything as the exchange would not end up loosing anything for any trade (assuming they can manage their risk appropriately and are able to close out positions before negative equity is reached)
The best way to trade theses things on those platforms is to make a new account as soon as you close a winning position.
that way you don't have any sozialization losses.
that way you don't have any sozialization losses.
The first rule when trading BTC 20X (or more) leverage is...
you will not, cannot and should not SLEEP!
you will not, cannot and should not SLEEP!
Or just don't hold overnight positions
Of course, close your positions before going to sleep.
Or, as an alternative, use a platform that allows you to set stop losses.
Don't know of any that do with leverage.
Poloniex does, but does not offer the leverage.
Most of them do allow stop losses in some form, actually.
Which ones - with leverage, 10X, 20X like OKCoins?
The first rule when trading BTC 20X (or more) leverage is...
you will not, cannot and should not SLEEP!
you will not, cannot and should not SLEEP!
Or just don't hold overnight positions
Of course, close your positions before going to sleep.
Or, as an alternative, use a platform that allows you to set stop losses.
Don't know of any that do with leverage.
Poloniex does, but does not offer the leverage.
Most of them do allow stop losses in some form, actually.
Which ones - with leverage, 10X, 20X like OKCoins?
The first rule when trading BTC 20X (or more) leverage is...
you will not, cannot and should not SLEEP!
you will not, cannot and should not SLEEP!
Or just don't hold overnight positions
Of course, close your positions before going to sleep.
Or, as an alternative, use a platform that allows you to set stop losses.
Don't know of any that do with leverage.
Poloniex does, but does not offer the leverage.
Most of them do offer stop losses in some form or another, actually.
The first rule when trading BTC 20X (or more) leverage is...
you will not, cannot and should not SLEEP!
you will not, cannot and should not SLEEP!
Or just don't hold overnight positions
Of course, close your positions before going to sleep.
But then, you are missing a good 8 hours or so of action!
Or, as an alternative, use a platform that allows you to set stop losses.
Don't know of any that do with leverage.
Poloniex does, but does not offer the leverage.
The first rule when trading BTC 20X (or more) leverage is...
you will not, cannot and should not SLEEP!
you will not, cannot and should not SLEEP!
Or just don't hold overnight positions
The first rule when trading BTC 20X (or more) leverage is...
you will not, cannot and should not SLEEP!
you will not, cannot and should not SLEEP!
http://www.reddit.com/r/BitcoinMarkets/comments/2nqnwj/796_overs_x50_leverage_trading_with_futures_in/
Here ya go ya fucking dirty degenerate. 50x leverage!
That is very risky. A 2% change in the market price against you will wipe out your entire equity. I would imagine that it would not be a good idea to stay in those kinds of positions for very long. Here ya go ya fucking dirty degenerate. 50x leverage!
This is also a Chinese exchange, which in itself is risky as there are rumors regarding the solvency of chinese exchanges
http://www.reddit.com/r/BitcoinMarkets/comments/2nqnwj/796_overs_x50_leverage_trading_with_futures_in/
Here ya go ya fucking dirty degenerate. 50x leverage!
796 has been way ahead of OKC in the leverage department for the majority of both of their existence. It's only natural that now that OKC offers 20x leverage, 796 would go from 20x to 50x.Here ya go ya fucking dirty degenerate. 50x leverage!
I'll take OKC with 20x leverage over 796 with 50x leverage because of how OKC manages risk socialization. OKC has a pot of 100 BTC per incident that they use to cover losses (i.e. negative balances), while 796 has none of that. Be prepared to deal with losing a large amount of your profits on 796 due to the losses of other traders. It's not like the money disappears (it just passes from trader to trader in all scenarios), but the extra 100 BTC that OKC throws into the pot is certainly appreciated by those using their platform for hedging instead of just pure speculative trading.
I also feel a little more comfortable with OKCoin.com's security and I appreciate the ability to transfer BTC instantly to their Chinese exchange and trade it with zero fees. The entire OKC system just feels a little more robust.
Not that I won't be using 796 at the right times...
http://www.reddit.com/r/BitcoinMarkets/comments/2nqnwj/796_overs_x50_leverage_trading_with_futures_in/
Here ya go ya fucking dirty degenerate. 50x leverage!
Here ya go ya fucking dirty degenerate. 50x leverage!
rofl that is cray lol
I've never used them before.
http://www.reddit.com/r/BitcoinMarkets/comments/2nqnwj/796_overs_x50_leverage_trading_with_futures_in/
Here ya go ya fucking dirty degenerate. 50x leverage!
Here ya go ya fucking dirty degenerate. 50x leverage!
http://www.reddit.com/r/Buttcoin/comments/2nodyr/degenerate_gambler_discovers_leveraged_trading/
HAHAHAHAHAHAHAHAHAHAHA fucking degenerate
HAHAHAHAHAHAHAHAHAHAHA fucking degenerate
Rofl good first morning laugh
Degin life baby!
http://www.reddit.com/r/Buttcoin/comments/2nodyr/degenerate_gambler_discovers_leveraged_trading/
HAHAHAHAHAHAHAHAHAHAHA fucking degenerate
HAHAHAHAHAHAHAHAHAHAHA fucking degenerate
Eh still well worth it to me in my opinion!
http://www.reddit.com/r/BitcoinMarkets/comments/2lxkqk/daily_discussion_tuesday_november_11_2014/clz7fm7
but it is also in their ToS and all of those bucket shops do it.
http://www.coindesk.com/huobis-bitvc-takes-trader-profit-cover-1-million-loss/
but it is also in their ToS and all of those bucket shops do it.
http://www.coindesk.com/huobis-bitvc-takes-trader-profit-cover-1-million-loss/
Why the heck would you want to trade on a platform that socializes losses in a dubious opaque way???
OKCoin?
I haven't had any issues with them and I know a few people IRL who use them as well...
Link?
Why the heck would you want to trade on a platform that socializes losses in a dubious opaque way???
anyone have some guide for trading futures?
Long n strong... long n strong!
OKcoin has pretty good charts as well.
Long n strong on the quarter futures good sir.
anyone have some guide for trading futures?
Long n strong... long n strong!
OKcoin has pretty good charts as well.
anyone have some guide for trading futures?
Long n strong... long n strong!
OKcoin has pretty good charts as well.
ok
now I feel ready for trading!
Basically right now I'm picking up long quarter contracts in hopes of a spike like last fall.
Pretty much a martingale against the market kind of.
The best trade is always your own trade!
anyone have some guide for trading futures?
Long n strong... long n strong!
OKcoin has pretty good charts as well.
ok
now I feel ready for trading!
anyone have some guide for trading futures?
Long n strong... long n strong!
OKcoin has pretty good charts as well.
anyone have some guide for trading futures?
Do i see it right that OKCoin charges 10% fee for 10x leverage? lol
I used to leverage at 10x on Bitcoinica.
It was later discovered that they actively manipulated the price to take advantage of people with such high leverage.
When looking at your trades, did the price move up to just within the realm where you were going to start making money...then shifted in the opposite direction to the point where your trade was lost (but just enough) before going back up again?
This. When you have this high of leverage you will be very vulnerable to even small market movements against you that are legit (or the result of manipulation). Since margin requirements will always be based on the price on the exchange it would not be uncommon for the price to move in ways that are different then other major exchanges for short periods of time and the exchange could force the price against you quickly to force you to close your position, wiping out your equity and then selling the bitcoin they just purchased from you at artificially low prices to other market participants (if you had a leveraged long position) It was later discovered that they actively manipulated the price to take advantage of people with such high leverage.
When looking at your trades, did the price move up to just within the realm where you were going to start making money...then shifted in the opposite direction to the point where your trade was lost (but just enough) before going back up again?
I used to leverage at 10x on Bitcoinica.
It was later discovered that they actively manipulated the price to take advantage of people with such high leverage.
When looking at your trades, did the price move up to just within the realm where you were going to start making money...then shifted in the opposite direction to the point where your trade was lost (but just enough) before going back up again?
It was later discovered that they actively manipulated the price to take advantage of people with such high leverage.
When looking at your trades, did the price move up to just within the realm where you were going to start making money...then shifted in the opposite direction to the point where your trade was lost (but just enough) before going back up again?
This was something I was very mindful of, but I didn't see anything funny.
My largest position was only like 800 contracts though. $100 per contract.
I used to leverage at 10x on Bitcoinica.
It was later discovered that they actively manipulated the price to take advantage of people with such high leverage.
When looking at your trades, did the price move up to just within the realm where you were going to start making money...then shifted in the opposite direction to the point where your trade was lost (but just enough) before going back up again?
It was later discovered that they actively manipulated the price to take advantage of people with such high leverage.
When looking at your trades, did the price move up to just within the realm where you were going to start making money...then shifted in the opposite direction to the point where your trade was lost (but just enough) before going back up again?
if I create an exchange which offered 50x/70x/100x/200x leverage, who are willing to trade on my exchange?
This is equivalent to a nuclear bomb into the warThe exchange would go tits up when some big player lost their ass and they couldn't fill the orders.
Even like OKCoin for example... how many people are going to pay their negative balance and where will that sum of money come from? I guess from commisions n such blah blah blah
Bitcoins on exchange and Bitcoins off exchange ASAP anyways anyways!
if I create an exchange which offered 50x/70x/100x/200x leverage, who are willing to trade on my exchange?
This is equivalent to a nuclear bomb into the war if I create an exchange which offered 50x/70x/100x/200x leverage, who are willing to trade on my exchange?
lol, i will follow it just you do if I create an exchange which offered 50x/70x/100x/200x leverage, who are willing to trade on my exchange?
Forced liquidation poses risks to the exchange. The rate of forced liquidation with that sort of leverage might simply be too high to manage in the cryptocurrency market. It would pretty much be impossible to have an order open for any reasonable amount of time before getting liquidated at 200x leverage.
All it would take is one large trader (comparative to the exchange) to wipe out one side of the positions instantly.
if I create an exchange which offered 50x/70x/100x/200x leverage, who are willing to trade on my exchange?
Seems like crazy risk.... 20x is insane.
if I create an exchange which offered 50x/70x/100x/200x leverage, who are willing to trade on my exchange?
Is there any exchanges that offer 20x or at least 10x leverage? I found OKcoin has it. But it needs a lot of verification for even depositing bitcoin.
I like coinut more. It is mainly binary options. and simple to trade.
Anyone know of any other sites?
I like coinut more. It is mainly binary options. and simple to trade.
Anyone know of any other sites?
796.com
Is there any exchanges that offer 20x or at least 10x leverage? I found OKcoin has it. But it needs a lot of verification for even depositing bitcoin.
I like coinut more. It is mainly binary options. and simple to trade.
Anyone know of any other sites?
I like coinut more. It is mainly binary options. and simple to trade.
Anyone know of any other sites?
rich rush or bust rush, anyone can take a risk
I love how OKCoin.cn practically has more volume (and hence liquidity) than every other exchange put together, but half the people here don't even know it exists. They need to work on their marketing. First step should be paying bitcoinwisdom.com to put them up top instead of Huobi, which is like the 3rd largest Chinese exchange and isn't even relevant anymore.
You should try leveraging your account once you get a VIP level, too. Trade with 20x leverage while your entire account is leveraged up to 2x (if your VIP level is high enough).
I really need to use that OKC referral program like you instead of paid signatures. Every other post of mine I'm spouting off about how stupid people are not to be using OKCoin.
You should try leveraging your account once you get a VIP level, too. Trade with 20x leverage while your entire account is leveraged up to 2x (if your VIP level is high enough).
I really need to use that OKC referral program like you instead of paid signatures. Every other post of mine I'm spouting off about how stupid people are not to be using OKCoin.
Something is wrong with my signature. I need to redo it because it is like people don't understand it is a affiliate link to click.
Wow didn't know you could 2x your account and then 20x leverage on top of that... wow. Yet another game changer... although 20x against norm was plenty
.Let me know on that shot... We are good to rock and roll here any time.
Fees are minuscule, which is why I haven't used it. Even with 50% of the fees, I doubt it's that much for an average referral. However, if you go to the leaderboard, you see a guy who has earned nearly $15K from referrals.....so maybe you just have to refer the right people.
I love how OKCoin.cn practically has more volume (and hence liquidity) than every other exchange put together, but half the people here don't even know it exists. They need to work on their marketing. First step should be paying bitcoinwisdom.com to put them up top instead of Huobi, which is like the 3rd largest Chinese exchange and isn't even relevant anymore.
You should try leveraging your account once you get a VIP level, too. Trade with 20x leverage while your entire account is leveraged up to 2x (if your VIP level is high enough).
I really need to use that OKC referral program like you instead of paid signatures. Every other post of mine I'm spouting off about how stupid people are not to be using OKCoin.
You should try leveraging your account once you get a VIP level, too. Trade with 20x leverage while your entire account is leveraged up to 2x (if your VIP level is high enough).
I really need to use that OKC referral program like you instead of paid signatures. Every other post of mine I'm spouting off about how stupid people are not to be using OKCoin.
Something is wrong with my signature. I need to redo it because it is like people don't understand it is a affiliate link to click.
Wow didn't know you could 2x your account and then 20x leverage on top of that... wow. Yet another game changer... although 20x against norm was plenty
.Let me know on that shot... We are good to rock and roll here any time.
I love how OKCoin.cn practically has more volume (and hence liquidity) than every other exchange put together, but half the people here don't even know it exists. They need to work on their marketing. First step should be paying bitcoinwisdom.com to put them up top instead of Huobi, which is like the 3rd largest Chinese exchange and isn't even relevant anymore.
You should try leveraging your account once you get a VIP level, too. Trade with 20x leverage while your entire account is leveraged up to 2x (if your VIP level is high enough).
I really need to use that OKC referral program like you instead of paid signatures. Every other post of mine I'm spouting off about how stupid people are not to be using OKCoin.
You should try leveraging your account once you get a VIP level, too. Trade with 20x leverage while your entire account is leveraged up to 2x (if your VIP level is high enough).
I really need to use that OKC referral program like you instead of paid signatures. Every other post of mine I'm spouting off about how stupid people are not to be using OKCoin.
where you trade that? bitfinnex?
Use my signature.
where you trade that? bitfinnex?
I fear it didn't end well..
looks very interesting and tempting lol. thanks for the share bac
If you don't mind me asking Bay, what site do you use that allows that kind of leverage?
For the little capital. interesting than trade altcoin
Does anyone else do this?
I've never traded futures before and it was super fucking easy to learn once actually trading.
It is the largest rush I've found in Bitcoin since investing at Just-dice.com with Nawaka rocking the boat.
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
Wow....
I've never traded futures before and it was super fucking easy to learn once actually trading.
It is the largest rush I've found in Bitcoin since investing at Just-dice.com with Nawaka rocking the boat.
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
Wow....
I do not, but here is my opinion on the matter:
haha it is kinda the needle of trading eh?
Does anyone else do this?
I've never traded futures before and it was super fucking easy to learn once actually trading.
It is the largest rush I've found in Bitcoin since investing at Just-dice.com with Nawaka rocking the boat.
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
Wow....
I've never traded futures before and it was super fucking easy to learn once actually trading.
It is the largest rush I've found in Bitcoin since investing at Just-dice.com with Nawaka rocking the boat.
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
Wow....
With 20x leverage, trading is basically like betting on binary options.
Does anyone else do this?
I've never traded futures before and it was super fucking easy to learn once actually trading.
It is the largest rush I've found in Bitcoin since investing at Just-dice.com with Nawaka rocking the boat.
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
Wow....
I've never traded futures before and it was super fucking easy to learn once actually trading.
It is the largest rush I've found in Bitcoin since investing at Just-dice.com with Nawaka rocking the boat.
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
Wow....
I do not, but here is my opinion on the matter:
Does anyone else do this?
I've never traded futures before and it was super fucking easy to learn once actually trading.
It is the largest rush I've found in Bitcoin since investing at Just-dice.com with Nawaka rocking the boat.
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
Wow....
I've never traded futures before and it was super fucking easy to learn once actually trading.
It is the largest rush I've found in Bitcoin since investing at Just-dice.com with Nawaka rocking the boat.
I took 1btc to 16btc and then fell asleep at the keyboard... woke up with 1 bitcent. Now I've got that one back up to .2
Wow....
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