Crypto-trading thread

1,135,252 Views | 11109 Replies | Last: 6 hrs ago by TxAG#2011
bmks270
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AG
jamey said:




Aren't 10% drops pretty tame for Bitcoin?

How did leveraged traders all get wiped by this?

How much leverage are Bitcoin and crypto traders using? 10x?
jamey
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AG
Tom Lee speaks to some of your questions here

I don't personally deal with leverage in any way. Sounds like pure gambling, like parlays squared


bmks270
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AG
20-50x leveraged crypto derivatives, yikes!

I hope that those liquidated weren't all in on these leveraged products.
Yukon Cornelius
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AG
A lot of stuff will give you up to 100x leverage.
jamey
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AG
bmks270 said:

20-50x leveraged crypto derivatives, yikes!

I hope that those liquidated weren't all in on these leveraged products.



Another guy i watched just said there's people doing 100x and even 500x

He said he personally keeps it mostly in tge 3x to 7x range.

Crypto at 1x is pretty crazy as it is
Yukon Cornelius
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AG



flashplayer
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AG
There you go Spilner - get out of BRK-B and start looking at Blackrock. Ah - didn't realize this was on the crypto thread - he may not see it for a while.
Yukon Cornelius
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AG
Lmao
Yukon Cornelius
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AG
That's actually not a bad idea though. Buying into BLK
flashplayer
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Yukon Cornelius said:

That's actually not a bad idea though. Buying into BLK

I put it on my watchlist a few weeks ago and never have pulled the trigger. Still contemplating. For me it would be a long term hold.
Yukon Cornelius
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AG
No doubt no doubt. I'm going to do it.

ETA. Ugh. Buying the ATH… idk now.
TxAG#2011
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NODE ETF. On-chain economy ETF from Vaneck
Yukon Cornelius
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AG
Is vaneck any good?
FobTies
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Seeing Larry Fink urge retail to stay invested makes me think a correction is on the horizon. No one has better positioned themselves to partner with feds and capitalize on crisis more than BLK. Their biggest AUM surge came out of the 2008 crash.
TxAG#2011
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Yukon Cornelius said:

Is vaneck any good?


Their ETF is up 70% since July. This one is
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