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Hello,
I do not know if it is only my exchange site "plus500" or if it is all but they just raised the minimum contract buy in from 0.05 to 0.1.
What do you think this means?
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There's nothing to worry about and nobody are idiot of course your not perfect this drop down is like only in china ban some crypto in their country now korea start that ban like they ban digital money to do transact in bank another thing don't lose here in crypto you only need to buy in low then sell in high if you going to invest try xrb,xrp,eth and btc for sure profit actually i earn 7x now in this four coins since i start this july only so i recommend it.
Thank you for your helpful information and words of motivation. |
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Hell yea mate!  |
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Hello everyone, This obviously isnt better than simply buying/selling at the right times but it gets you out of a bad situation / mistake. Let me know what you guys think, tell me if im an idiot.  Regards, IlikeEzmoney Trading bitcoin on a margin is a risky business. Do you get an automatic margin call when your account reaches a certain threshold? +/- 2500 USD move in bitcoin price can happen pretty fast. Opening an order in opposite direction is ok to hedge but it depends how it is set up. Are you sure it can be filled? What if the price drops a lot more, beyond your open hedging orders? I get a message if it drops, but I am watching it constantly all day. If I drop below the margin I have a bit of time to add funds before it closes, I plan to put sell orders in before I let this happen though. The only real 2 risks I see is, I hold the buy/sell so long that premium lowers my equity below margin *unlikely its 50 cents a day per buy order* or yea if I fail to put a sell order before the price lowers my available funds below the price of 2 sell orders. I think I am kind of safe though, I can survive until 6.8k and then I can add funds if I really have to but I would rather not. I do not think it will go to 7k in a instant, my prediction is it will go to like 12k or 13k, I bought at 12.8, I would probably get greedy and hold at 12 but If I see it at 13k or 14k I'm probably gonna sit this one out till I see some good trends. My mistake was putting 2 orders instead of 1, if i put 1 I could survive a drop all the way to 0 without adding sell orders and then I wouldnt lose anything implying itll raise eventually. |
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Hello everyone, I will start by saying I have only been messing with stock exchange sites for the last 3 months and I lost a few hundred before taking slow investments while learning. Now I am in the profit, before the bitcoin drop. So, I calculated my equity and margin requirement, I can drop to 7.5k before I am toast. In order to still make some money while it drops and actually INCREASE my drop threshold what I am doing is the following: I have 2 buy orders on bitcoin I made at 12.8k, now every time it makes a sharp rise again I am making a sell order then when it reaches near the lowest point of the last few hours I sell. This way I am making small profit and if the coin drops like insanely, I only lose half the money and I can sell then as it rebounds shortly after going down *it always raises a bit after dropping, vice versa* you can if you wish sell the 2nd buy order off and make a profit bit of profit. An example, you buy at 10k but you are afraid it will still drop hard, you make a sell order at the same time and when it drops hard you sell then wait for the small rise after the drop to profit from the buy order, this gives you "shock resistance" while still profiting relatively safely. Lost my train of thought but yea, if you guys are kinda unsure what to do during a drop and you dont want your margin to screw you over, you can use this method. Even do 2 sell orders to cover your 2 buy orders and you dont profit or lose! You just sit there safely while you wait for it to take the direction you want and the only loss is the entry fee of 150? "points". This obviously isnt better than simply buying/selling at the right times but it gets you out of a bad situation / mistake. Let me know what you guys think, tell me if im an idiot. Regards, IlikeEzmoney This is the price you pay when you trade. Iam a 'hodler' and now that its 'crashing' I think ill buy more    but I'm buying sell orders! which means I profit if it drops. x) |
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It is possible for everyone to stop investing in bitcoin all of a sudden. After all, people have invested a lot of money and time into it. If that happens, and that is highly unlikely, the prices will go to $0 since no one would be buying any bitcoin.  So here is a question, lets say 1 million people own a 10,000 value bitcoin. Just because they sell it to another person ect, what makes the value drop? Is it the fee lost during the transaction? So day trading is what would make prices drop because they are giving more "fees" to the exchange site, essentially removing it from bitcoins value? I really don't get it, is it just because people refuse to pay the price and lowball others until that becomes the new price? I don't get how if everyone pays 15k for a coin, trades to another person for 15k, how is the bitcoin itself losing value? |
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Yes but with my method of a simultaneous buy/sell, if it truly drops and I'm at my last "available funds" I can just make 2 sell orders and survive the drop to 1k. Then close the sell orders and let the buy orders slowly pay themselves off as it rises.
So if it goes to 1k, I make like 5k dollars for example but I owe 5k, if it rises a bit then I can profit.
It puts me in a position where they can not close my buy order.
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Hello everyone, I will start by saying I have only been messing with stock exchange sites for the last 3 months and I lost a few hundred before taking slow investments while learning. Now I am in the profit, before the bitcoin drop. So, I calculated my equity and margin requirement, I can drop to 7.5k before I am toast. In order to still make some money while it drops and actually INCREASE my drop threshold what I am doing is the following: I have 2 buy orders on bitcoin I made at 12.8k, now every time it makes a sharp rise again I am making a sell order then when it reaches near the lowest point of the last few hours I sell. This way I am making small profit and if the coin drops like insanely, I only lose half the money and I can sell then as it rebounds shortly after going down *it always raises a bit after dropping, vice versa* you can if you wish sell the 2nd buy order off and make a profit bit of profit. An example, you buy at 10k but you are afraid it will still drop hard, you make a sell order at the same time and when it drops hard you sell then wait for the small rise after the drop to profit from the buy order, this gives you "shock resistance" while still profiting relatively safely. Lost my train of thought but yea, if you guys are kinda unsure what to do during a drop and you dont want your margin to screw you over, you can use this method. Even do 2 sell orders to cover your 2 buy orders and you dont profit or lose! You just sit there safely while you wait for it to take the direction you want and the only loss is the entry fee of 150? "points". This obviously isnt better than simply buying/selling at the right times but it gets you out of a bad situation / mistake. Let me know what you guys think, tell me if im an idiot. Regards, IlikeEzmoney |
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First off, he did not say he would spend the entire funds from his house on bitcoin. He might be in a million dollar house and plans to rent a apartment for a while and he invests half its value.
secondly, why not just sell your kidney? You only need one and when you get your bitcoin profit you can buy a more expensive better one!
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