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Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Soul47(m): 10:00pm On Aug 09, 2019 |
The mechanics of the BitMEX solution are that BitMEX sets a so-called Liquidation Price, a fraction above the Bankruptcy Price (in the case of Longs) or a fraction below the Bankruptcy Price (Shorts). Like this (picture below) 1 Like 1 Share
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Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Soul47(m): 10:03pm On Aug 09, 2019 |
When the market moves adversely against your position and approaches the Bankruptcy Price, and breaches the Liquidation Price, the Liquidation Engine takes over your position and liquidates it automatically at market. It adds any tiny profit made by the Exchange to the Insurance Fund, or deducts any loss made from the Fund. Like I said earlier . Even if you don't get it. You will still make money here. Read and read and practice then you perfect your skill The BitMEX Exchange offers Long and Short leveraged trades of up to 100x Leverage. Do not use more than 25x because the difference between the Liquidation and Bankruptcy Prices at high leverage stacks the statistical odds against a winning trade. Don’t worry about it at low leverage. Example: you buy a $9,255 100x leveraged XBTUSD position with 1% margin, i.e. your stake is $93 of Initial Margin. Your Bankruptcy Price (Entry Price less 1% Margin) is $9,163 but your Liquidation price set by BitMEX is $9,240. The price just has to fall $15 (0.16%) from your Entry to trigger your Liquidation and 100% Loss. That is a trade for suckers. Trading with 100% leverage on a repeated basis (Long or Short) will inevitably result in losses. The BitMEX Insurance Fund wins. Its current holding is 6,909 BTC, or $65 million. That money came from salami-slicing the testicles of 100x bulls and noobs via the Liquidation Engine. This is why u need to always use stop market on your trades especially when using leverage. I will stop here. There more I need to say in margin trading but that will be in our next class. Do yourself the favour of learning and failing and trying again in demo mode. In those failures, your skills are perfected. |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Balanciego(m): 4:33pm On Aug 10, 2019 |
All pms has been replied. |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Balanciego(m): 1:30pm On Aug 11, 2019 |
All pms has been replied |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Olgasmith: 8:02pm On Aug 12, 2019 |
Nkemzy, any news |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by phollybee(m): 11:39pm On Aug 12, 2019 |
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Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Nkemzy8: 4:16pm On Aug 13, 2019 |
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Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Nkemzy8: 4:19pm On Aug 13, 2019 |
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Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by bobojoshua(m): 8:26am On Aug 15, 2019 |
Balanciego: @Soul47 Please, add me to the whatsapp group 08182873399 |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by franco345(m): 8:46pm On Aug 15, 2019 |
Soul47:add me up 08082129236 |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by hateshit: 11:56pm On Aug 15, 2019 |
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Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by chidon37(m): 2:54am On Aug 16, 2019 |
Soul47:Trust me, that’s normal. Luno fee charges for sale, send or exchange rate is quite high. If you don’t want to inquire those charges during sales, then you gotta sell directly to people of which you send just n that will be a lower fee charge. |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Olgasmith: 9:40am On Aug 16, 2019 |
chidon37:you are correct. Try selling to direct buyers |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Soul47(m): 12:19pm On Aug 16, 2019 |
chidon37: Ok. Thanks. Hope I can do that on the LUNO platform? |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Eddygourdo(m): 8:27pm On Aug 16, 2019 |
Kindly add me to the group. 07034511483 |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Balanciego(m): 10:14am On Aug 18, 2019 |
all pms has been replied |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by dongentle2: 11:45am On Aug 18, 2019 |
Airdrops is actually a good way to earn free cryptocurrency. I have had a few luck and some are just there without value. you can get tested and genuine airdrop from https://www.cryptounfold.com to avoid all those scammy airdrops. |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Iyke900: 12:42pm On Aug 18, 2019 |
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Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Iyke900: 12:42pm On Aug 18, 2019 |
Iyke900: |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by lakenside(m): 3:07pm On Aug 18, 2019 |
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Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by rajbam: 11:33pm On Aug 18, 2019 |
Kindly add me to the what's app group 08066794993 |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Steven888(m): 8:17am On Aug 19, 2019 |
How much is your income from btc trading? |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by dianadsouza: 1:22pm On Aug 22, 2019 |
Balanciego:Hey, Guys believe me earning bitcoins on bitlser is easy and simple. if you are new to bitlser then take a quick look at bitsler review. |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Nobody: 4:30pm On Aug 22, 2019 |
Has any one here recieved his/her promised 5000 global currency unit if yes tell your experience. |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Balanciego(m): 8:22am On Aug 23, 2019 |
All pms have been replied |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by RichyBendollar(m): 10:02pm On Aug 24, 2019 |
please I want to join this group |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Balanciego(m): 5:13am On Aug 26, 2019 |
RichyBendollar:check your mail |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by kimduhan2: 7:07am On Aug 26, 2019 |
I have not some bad experience with bitcoin scammed projects. But It a big problem because there are many no profitable bitcoin projects. I tried to use only trustfull and reliable ways to get bitcoin. Now I am interested in investement cryptos on Cipher.tech project. |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by sammy084: 9:14am On Aug 26, 2019 |
Balanciego: Please can you teach me |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by dimco(m): 11:19am On Aug 26, 2019 |
We buy and sell bulk bitcoins...(.$500 to $100000) daily... Payment is less than 5 Mins.. For those that might have trust issues, you can check my antecedents or profile.. Check my signature for deals.. |
Re: Have You Been Crypto Scammed. Share Your Experience And Learn How To Detect One by Balanciego(m): 3:47pm On Aug 26, 2019 |
sammy084:mail replied |
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