Bitcoin Forum
December 07, 2016, 08:36:14 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Is it safe to break out the 10:1?  (Read 3123 times)
Jon
Donator
Member
*
Offline Offline

Activity: 98


No Gods; No Masters; Only You


View Profile
March 28, 2012, 07:21:06 PM
 #1

The wave is going to come any moment now.

Is it safe to go all in?

The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
1481142974
Hero Member
*
Offline Offline

Posts: 1481142974

View Profile Personal Message (Offline)

Ignore
1481142974
Reply with quote  #2

1481142974
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481142974
Hero Member
*
Offline Offline

Posts: 1481142974

View Profile Personal Message (Offline)

Ignore
1481142974
Reply with quote  #2

1481142974
Report to moderator
1481142974
Hero Member
*
Offline Offline

Posts: 1481142974

View Profile Personal Message (Offline)

Ignore
1481142974
Reply with quote  #2

1481142974
Report to moderator
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
March 28, 2012, 07:23:37 PM
 #2

The wave is going to come any moment now.

Is it safe to go all in?
lol no never safe to go 10 to 1... a small temporary drop, your done and you miss it

ineededausername
Hero Member
*****
Offline Offline

Activity: 784


bitcoin hundred-aire


View Profile
March 28, 2012, 07:25:32 PM
 #3

Is it safe to go all in?

...


(BFL)^2 < 0
Jon
Donator
Member
*
Offline Offline

Activity: 98


No Gods; No Masters; Only You


View Profile
March 28, 2012, 07:27:44 PM
 #4

There is a season for all things. We'll see if the time for 10:1 was here all in good time.

The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
ineededausername
Hero Member
*****
Offline Offline

Activity: 784


bitcoin hundred-aire


View Profile
March 28, 2012, 07:30:07 PM
 #5

There is a season for all things. We'll see if the time for 10:1 was here all in good time.

The time for 10:1 is never.  You might be right, but it's never a really good bet, especially with Bitcoinica-sized spreads.

(BFL)^2 < 0
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
March 28, 2012, 07:44:16 PM
 #6

FFS!
guruvan
Hero Member
*****
Offline Offline

Activity: 518

ShastaFarEye Prospectors mazaclub & mazacha.in


View Profile WWW
March 28, 2012, 08:06:42 PM
 #7

LOL. I use 10:1 for safety during volatility.

A couple weeks ago, when bitcoinica had a software error, and liquidated tons of positions, I was saved by the higher margin level. I would have seen my position force liquidated at lower levels. Instead of being liquidated I made money Smiley

It seems that many people around here risk far too much on any one position. I am much more tolerant of risk in bitcoin than I am in other trading, but still I won't risk much more than 10% of my equity on a position. (I hit about 12% on the error mentioned above) This gives me a lot of room before I go into severe drawdown.

Going "all in" at any level of leverage is just asking for it. Personally, I highly recommend partially hedging your position with your currency account. Drawdown is highly accentuated if your margin is based on a volatile asset in your account, like bitcoin.

Mine at the Maza Club! with ShastaFarEye Prospectors! Mazacoin PPS & P2pool mining, and more services coming soon!
Maza Means Money! Check yours at the mazacha.in!

Please contact me  on my  OTC registered GPG (A54E87F2) Key's email address or guruvan@shastafareye.net  and encrypt all correspondence.
Qoheleth
Legendary
*
Offline Offline

Activity: 882


Spurn wild goose chases. Seek that which endures.


View Profile WWW
March 28, 2012, 08:54:57 PM
 #8

If you need to ask whether to use 10:1, you shouldn't be using 10:1.

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the culture of naive fools and conmen, the former convinced that BTC is a magic box that will turn them into millionaires, and the latter arriving by the busload to devour them.
mb300sd
Legendary
*
Offline Offline

Activity: 1232

Drunk Posts


View Profile WWW
March 28, 2012, 08:59:58 PM
 #9

Just do it Smiley

1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
wachtwoord
Legendary
*
Offline Offline

Activity: 1484



View Profile WWW
March 28, 2012, 09:07:36 PM
 #10


Going all in with the nuts is pretty safe, just don't muck your hand Smiley

Jon
Donator
Member
*
Offline Offline

Activity: 98


No Gods; No Masters; Only You


View Profile
March 28, 2012, 09:20:15 PM
 #11

I went 10:1. It's time, gentlemen.

The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
March 28, 2012, 09:21:12 PM
 #12

I went 10:1. It's time, gentlemen.
lol prove it

also how low dose it have to go b4 you get liquidated?
how many coins?
will you be the trigger for an unexpected long squeeze, letting everyone have cheep coins before blast off?

Jon
Donator
Member
*
Offline Offline

Activity: 98


No Gods; No Masters; Only You


View Profile
March 28, 2012, 09:31:02 PM
 #13

All you get is account 1.


The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
Qoheleth
Legendary
*
Offline Offline

Activity: 882


Spurn wild goose chases. Seek that which endures.


View Profile WWW
March 28, 2012, 09:35:31 PM
 #14

See, I was about to say that 10:1 leverage could be short squeezed just a little way past the bidwall. But then he posted that screenshot.

I mean... 982BTC long with 1000BTC on deposit? That's nowhere near 10:1, you fibber.

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the culture of naive fools and conmen, the former convinced that BTC is a magic box that will turn them into millionaires, and the latter arriving by the busload to devour them.
Matthew N. Wright
Untrustworthy
Hero Member
*****
Offline Offline

Activity: 588


Hero VIP ultra official trusted super staff puppet


View Profile
March 28, 2012, 09:36:26 PM
 #15

All you get is account 1.


...because account 2 and 3 were Zhou Tonged.

Jon
Donator
Member
*
Offline Offline

Activity: 98


No Gods; No Masters; Only You


View Profile
March 28, 2012, 09:37:23 PM
 #16

See, I was about to say that 10:1 leverage could be short squeezed just a little way past the bidwall. But then he posted that screenshot.

I mean... 982BTC long with 1000BTC on deposit? That's nowhere near 10:1, you fibber.

Again, it's only account 1. I am not displaying my the positions and amount on my main account for obvious reasons.

The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
dopamine
Sr. Member
****
Offline Offline

Activity: 471



View Profile
March 28, 2012, 09:43:41 PM
 #17

curious have you been forced liquidated before? I say use 10:1 at any price this give more volatility to the market...

Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
Jon
Donator
Member
*
Offline Offline

Activity: 98


No Gods; No Masters; Only You


View Profile
March 28, 2012, 09:46:08 PM
 #18

curious have you been forced liquidated before? I say use 10:1 at any price this give more volatility to the market...

I have not. However, my positions haven't been this risky before. I am only doing this because I am very certain.

The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
Jon
Donator
Member
*
Offline Offline

Activity: 98


No Gods; No Masters; Only You


View Profile
March 28, 2012, 09:49:09 PM
 #19

This minor slump is making me even more confident.

The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
Crypt_Current
Hero Member
*****
Offline Offline

Activity: 686


Shame on everything; regret nothing.


View Profile
March 28, 2012, 09:52:52 PM
 #20

I went 10:1. It's time, gentlemen.

Congrats!  Can't win if you don't play.

10% off at CampBX for LIFE:  https://campbx.com/main.php?r=C9a5izBQ5vq  ----  Authorized BitVoucher MEGA reseller (& BTC donations appreciated):  https://bitvoucher.co/affl/1HkvK8o8WWDpCTSQGnek7DH9gT1LWeV5s3/
LTC:  LRL6vb6XBRrEEifB73DiEiYZ9vbRy99H41  NMC:  NGb2spdTGpWj8THCPyCainaXenwDhAW1ZT
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!