This is a mirror of the original BitMEX trollbox archive that used to be online here.
BitMEX disabled their archive after the DDOS attack so I have decided to make my mirror publicly available.

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[2024-05-10 18:40:52] jjhiijiji : LOL
[2024-05-10 18:40:58] ilPanino : he got out of the deal last year.
[2024-05-10 18:41:15] jjhiijiji : but dude why i dont get it
[2024-05-10 18:41:24] jjhiijiji : why didnt he refinance his lown with a new one using a lower rate
[2024-05-10 18:41:29] jjhiijiji : rates were so low a few years ago
[2024-05-10 18:41:32] ilPanino : They want to "know how much to pay" month to month.
[2024-05-10 18:41:43] jjhiijiji : loan*
[2024-05-10 18:41:52] jjhiijiji : if u get trapped in a bad loan
[2024-05-10 18:41:58] jjhiijiji : and rates go down
[2024-05-10 18:42:06] jjhiijiji : u can refinance using a new loan to pay off the old one and pay the new rate ;/
[2024-05-10 18:42:07] ilPanino : jjhiijiji: In sweden you have to pay the difference of the rates if you cut them early, which means the bank would have gotten its money anyway.
[2024-05-10 18:42:08] jjhiijiji : this is common practise
[2024-05-10 18:42:15] jjhiijiji : oh whaaaat
[2024-05-10 18:42:16] jjhiijiji : dude
[2024-05-10 18:42:19] jjhiijiji : he cut a really bad deal
[2024-05-10 18:42:21] ilPanino : At least when it comes to mortgages.
[2024-05-10 18:42:22] jjhiijiji : they literally scammed him
[2024-05-10 18:42:37] jjhiijiji : pooor guy but seriously
[2024-05-10 18:42:40] jjhiijiji : he made a bad deal ;/
[2024-05-10 18:43:00] ilPanino : I have not had a loan for the last pffs, hmm, dont remember, almost 10 years. Not everyone is that lucky.
[2024-05-10 18:43:19] jjhiijiji : i try to avoid them also as much as possible
[2024-05-10 18:43:29] jjhiijiji : since i paid off my mortgages i never got another one again
[2024-05-10 18:43:36] jjhiijiji : and will try keep it that way
[2024-05-10 18:43:40] ilPanino : Good call, you live cheap then.
[2024-05-10 18:43:40] jjhiijiji : BUT
[2024-05-10 18:43:50] jjhiijiji : well
[2024-05-10 18:43:56] ilPanino : and can afford improvements of your house
[2024-05-10 18:43:56] jjhiijiji : not cheap but we have good income thats why
[2024-05-10 18:44:11] jjhiijiji : we have a few houses that were renting out in london (those are the mortgages that got paid off)
[2024-05-10 18:44:32] jjhiijiji : i got downpayments when the prices were lower (more than 50% lower than today) and the rates were relly low
[2024-05-10 18:44:39] jjhiijiji : now theyre paid off
[2024-05-10 18:44:40] ilPanino : Thats the reason why i can invest in all these off grid solutions, because i just dont have debt.
[2024-05-10 18:44:55] jjhiijiji : if loans become cheap again but i doubt they wil
[2024-05-10 18:44:57] jjhiijiji : like under 1%
[2024-05-10 18:45:11] jjhiijiji : i will take out a fckload of loans and pile them into stocks amd commodities and bonds
[2024-05-10 18:45:27] jjhiijiji : but now its just ret4rded to take out a loan
[2024-05-10 18:45:30] jjhiijiji : if u dont have to
[2024-05-10 18:46:00] jjhiijiji : on the other hand u have bonds at like 4.8%
[2024-05-10 18:46:10] jjhiijiji : so if u have enough to put into bonds
[2024-05-10 18:46:14] ilPanino : Just try to save some money, even with inflation, it piles up rather quick and once you invest, there will be no repayment.
[2024-05-10 18:46:26] jjhiijiji : that might be good
[2024-05-10 18:46:45] jjhiijiji : i never sit on cash
[2024-05-10 18:46:52] ilPanino : Having a pile of cash ready to go when opportunity hits, is never a bad idea.
[2024-05-10 18:46:57] jjhiijiji : if i save enough i just get another downpayment for a property
[2024-05-10 18:47:04] jjhiijiji : cash just devalues too much over time
[2024-05-10 18:47:12] jjhiijiji : u just lose money for no reason
[2024-05-10 18:47:37] ilPanino : True, but the investment you make will give that loss back plus more if you play it correctly.
[2024-05-10 18:47:46] jjhiijiji : yeah that doesnt count as cash
[2024-05-10 18:47:53] jjhiijiji : if u put it into an asset
[2024-05-10 18:47:54] jjhiijiji : with return
[2024-05-10 18:48:00] jjhiijiji : oh
[2024-05-10 18:48:01] jjhiijiji : u mean to sit on it
[2024-05-10 18:48:03] jjhiijiji : till the right moment
[2024-05-10 18:48:06] ilPanino : yeah exactly.
[2024-05-10 18:48:17] jjhiijiji : i see what ur saying yeah
[2024-05-10 18:48:22] jjhiijiji : i guess its good to keep a bit
[2024-05-10 18:48:27] jjhiijiji : but i wouldnt keep a lot personally
[2024-05-10 18:48:34] ilPanino : I try to always sit on a pile of cash just in case of anything, and let the rest of the money work.
[2024-05-10 18:48:45] jjhiijiji : i feel safer if its sitting in property
[2024-05-10 18:49:01] jjhiijiji : but yeah i see ur point small part of it in cash isnt a bad idea
[2024-05-10 18:49:10] jjhiijiji : not most of it though for sure
[2024-05-10 18:49:18] ilPanino : True, but once you need that money it will take time to liquidate the property to invest and by then the opportunty might be lost.
[2024-05-10 18:49:30] jjhiijiji : yeah
[2024-05-10 18:49:53] jjhiijiji : always a downside to everything
[2024-05-10 18:50:09] ilPanino : So why not play all sides, you cannot lose.
[2024-05-10 18:50:18] jjhiijiji : yeah for sure i agree to keep SOME lets say in cash
[2024-05-10 18:50:23] jjhiijiji : i just disagree with keeping a lot of it
[2024-05-10 18:50:25] jjhiijiji : % wise lets say
[2024-05-10 18:50:42] jjhiijiji : most of my holdings in property, some in stocks, some commodities, small part cash and some crypto
[2024-05-10 18:50:45] ilPanino : I might or might not sit on ~15% of my total in cash.
[2024-05-10 18:50:55] jjhiijiji : aah thats a really good amount yeah
[2024-05-10 18:51:13] jjhiijiji : i was thinking like ur holding most of it in cash thats why i was saying
[2024-05-10 18:51:33] ilPanino : oh no, i just have a pile ready to go if opportunites present themselves.
[2024-05-10 18:51:36] doublecheese : Lol if I had a pile of cash I wouldn't be margin trading right now.
[2024-05-10 18:51:37] jjhiijiji : yeah good idea
[2024-05-10 18:51:53] jjhiijiji : what would you be doing
[2024-05-10 18:51:58] jjhiijiji : ?
[2024-05-10 18:52:21] doublecheese : jjhiijiji: Investing in other markets and buying spot crypto (mainly btc).
[2024-05-10 18:52:34] jjhiijiji : doublecheese: a really good one is just straight up investing in major index
[2024-05-10 18:52:35] jjhiijiji : like nasdaq
[2024-05-10 18:52:46] jjhiijiji : really safe over the long term
[2024-05-10 18:52:51] ilPanino : I own a lot of forest, land and some real estate - for long term, i own gold, platinum and silver, just in case of anything, i have a little bit of stocks and some crypto.
[2024-05-10 18:52:51] doublecheese : But not trading probably, or only playing with tiny fraction of capital.
[2024-05-10 18:52:58] jjhiijiji : doublecheese: this is what im doing
[2024-05-10 18:53:00] contract details : everything is so high right now... it feels like investing into anything is throwing money until doom 50% index drops :pepe:
[2024-05-10 18:53:00] jjhiijiji : using a small fraction
[2024-05-10 18:53:05] jjhiijiji : to try and make a lot with it
[2024-05-10 18:53:09] jjhiijiji : and the rest sits somewhere safe
[2024-05-10 18:53:17] jjhiijiji : so i dont feel like a degen risking my familys wellbeing
[2024-05-10 18:53:28] ilPanino : oh you asked mr cheese. :)
[2024-05-10 18:53:30] jjhiijiji : i have a small amount that i can degen with, without being an idiot
[2024-05-10 18:53:44] jjhiijiji : ilPanino: it sounds like ur doing similar to me
[2024-05-10 18:53:46] jjhiijiji : but i dont have the forest
[2024-05-10 18:53:48] jjhiijiji : i would like to though
[2024-05-10 18:53:53] doublecheese : jjhiijiji: yep if I had money I would be doing that definitely. Spx also good.
[2024-05-10 18:53:56] jjhiijiji : ive always dreamed of having a big plot somewhere remote
[2024-05-10 18:54:05] jjhiijiji : maybe canada or smth
[2024-05-10 18:54:08] jjhiijiji : u can get HUUUUUGE plots
[2024-05-10 18:54:10] jjhiijiji : middle of nowhere
[2024-05-10 18:54:11] contract details : jjhiijiji: i'll sell you one with a granite house too :pepe:
[2024-05-10 18:54:12] ilPanino : crypto is the only one I actively trades, because its so volatile.
[2024-05-10 18:54:27] jjhiijiji : my cousin can go hunting in his own plot cause its so massive and it only cost him a fraction of one house in london
[2024-05-10 18:54:32] jjhiijiji : (in canada)
[2024-05-10 18:54:44] doublecheese : ilPanino: well you could be trading anything really, just with more leverage, you would get similar %.
[2024-05-10 18:54:46] jjhiijiji : contract details: in spain?
[2024-05-10 18:55:05] contract details : yes, lost in the middle of galicia so you enjoy the rain just like in london
[2024-05-10 18:55:08] ilPanino : doublecheese: why would I do that if I dont find it fun? :)
[2024-05-10 18:55:38] doublecheese : ilPanino: Idk but any market can give you high returns when using high lev.
[2024-05-10 18:55:48] jjhiijiji : contract details: why are you selling it? and how much u selling it for?
[2024-05-10 18:56:17] ilPanino : doublecheese: using high lev would not increase my position size, since it increases the risk significantly.
[2024-05-10 18:56:40] contract details : it's just sitting there, abandoned. No idea about how much honestly. It was more as a joke but :pepe:
[2024-05-10 18:56:54] contract details : Haven't been there in years
[2024-05-10 18:56:56] ilPanino : doublecheese: High lev just means a higher loan, and loans has to be repaid.
[2024-05-10 18:57:12] doublecheese : ilPanino: getting a 1% increase in forex or stocks with high lev is the same as getting 1% move low lev in crypto.
[2024-05-10 18:57:43] ilPanino : doublecheese: What is your point exactly?
[2024-05-10 18:58:15] doublecheese : ilPanino: that anything could be traded, in crypto you can make insane amounts with high lev but also lose all very quickly.
[2024-05-10 18:58:38] jjhiijiji : contract details: if i was gonna buy an isolated plot id go to some country with huge land where its dead cheap and with good game to hunt
[2024-05-10 18:58:40] jjhiijiji : like canada probably
[2024-05-10 18:58:42] ilPanino : Buying milk at the supermarket, adding 10% on top when selling is the same thing as 10x as well.
[2024-05-10 18:59:05] jjhiijiji : in spain there is not much game to hunt except birds and small game like rabbits right?
[2024-05-10 18:59:36] contract details : I don´t hunt but deer and boar are common game here
[2024-05-10 18:59:45] jjhiijiji : ah nice
[2024-05-10 18:59:56] scraps : long time no mex for me, but i'm back
[2024-05-10 18:59:58] contract details : In fact it´s infested with boars, they just roam around my house freely lol
[2024-05-10 19:00:02] jjhiijiji : sheeeeeeeyt
[2024-05-10 19:00:06] jjhiijiji : fckin eat some!
[2024-05-10 19:00:14] contract details : you hear them oink oink at night :kek:
[2024-05-10 19:00:21] scraps : anyone seen steve S around lately?
[2024-05-10 19:00:24] jjhiijiji : nice
[2024-05-10 19:00:37] jjhiijiji : im sure uf u slow cook that sh!t for like 8 hours wrapped in tinfoil
[2024-05-10 19:00:40] jjhiijiji : should be fckin DELICIOUS
[2024-05-10 19:01:04] contract details : boar cheeks are delocious when cooked right yes
[2024-05-10 19:01:04] jjhiijiji : panini probably has a better idea though
[2024-05-10 19:01:24] contract details : other parts not so much :pepe:
[2024-05-10 19:01:37] jjhiijiji : yeah it must be tough thats why i said slow cook it
[2024-05-10 19:01:39] jjhiijiji : make it really tender
[2024-05-10 19:01:44] jjhiijiji : have u evert tried
[2024-05-10 19:01:54] jjhiijiji : like 8 hours slow cook with some water splashed into the tinfoil wrapped
[2024-05-10 19:02:06] jjhiijiji : we go it with lamb and fck me its good
[2024-05-10 19:02:11] jjhiijiji : we do it*
[2024-05-10 19:02:19] contract details : i usually put them in the pressurized cooker and then just finish them in a dutch oven for an hour
[2024-05-10 19:02:39] jjhiijiji : aaah u know what ur doing my man
[2024-05-10 19:02:51] jjhiijiji : lel my 100x long worked
[2024-05-10 19:02:56] jjhiijiji : /position btcusd ``` :bitmex: XBTUSD: 15,000 USD @ 60469 ```
[2024-05-10 19:03:16] jjhiijiji : tell me i got the bottom please
[2024-05-10 19:03:27] jjhiijiji : i want one of joeys fake pamps
[2024-05-10 19:03:51] contract details : also boar chorizo is 🔥
[2024-05-10 19:06:06] ilPanino : doublecheese: see, this could have been a nice long scalp. It might not go higher than this, but profit is profit.
[2024-05-10 19:06:47] ilPanino : 250x that bottom, profit here, nice % return of risk.
[2024-05-10 19:07:45] doublecheese : ilPanino: don't wanna scalp, but get a long term move. I can't scalp.
[2024-05-10 19:07:47] ilPanino : jjhiijiji: grats, and now i hope you have SL at be or in profit? if we go there again, its gonna break.
[2024-05-10 19:08:23] jjhiijiji : since its a 100x
[2024-05-10 19:08:29] doublecheese : ilPanino: I am now considering to start building a long, low lev, liq price under 40k. I'll get peace of mind.
[2024-05-10 19:08:30] ilPanino : doublecheese: this is potentially the best entry you will get if it bounces properly here. Which is my point, AND it was YOUR plan all along.
[2024-05-10 19:08:31] jjhiijiji : ill put a SL in breakeven
[2024-05-10 19:08:45] jjhiijiji : man doublecheese u should have at least tried
[2024-05-10 19:08:48] jjhiijiji : we were so near the bottom
[2024-05-10 19:08:53] jjhiijiji : if anywhere is OK to put a stoploss
[2024-05-10 19:08:55] jjhiijiji : its near the bottom
[2024-05-10 19:09:10] ilPanino : ... a possible bottom.
[2024-05-10 19:09:15] jjhiijiji : yes ofcourse
[2024-05-10 19:09:18] jjhiijiji : its always a possible bottom
[2024-05-10 19:09:32] jjhiijiji : but this was bottom of quite a large significant channel
[2024-05-10 19:09:35] jjhiijiji : so it was very low risk
[2024-05-10 19:09:45] jjhiijiji : thats why i couldnt help myself and opened a second long lel
[2024-05-10 19:09:51] ilPanino : yes, and breaking that channel is death so tight SL.
[2024-05-10 19:10:02] ilPanino : it was a very very good RR entry.
[2024-05-10 19:10:05] jjhiijiji : but a break just below is often expected
[2024-05-10 19:10:11] jjhiijiji : so maybe not JUST under it
[2024-05-10 19:10:16] doublecheese : I am starting to build my long term long. The more we dip the more I average down. It's the only profitable strategy I've got.
[2024-05-10 19:10:19] jjhiijiji : it put it a little bit under the line
[2024-05-10 19:10:30] jjhiijiji : doublecheese: this is a very good strategy
[2024-05-10 19:10:32] ilPanino : i had my stop at 60050, now i have adjusted it higher.
[2024-05-10 19:10:41] jjhiijiji : doublecheese: as long as you have enough capitsl
[2024-05-10 19:10:47] jjhiijiji : to maintan very low lev
[2024-05-10 19:10:55] jjhiijiji : and low liq
[2024-05-10 19:11:14] jjhiijiji : ilPanino: oh i thought u closed it
[2024-05-10 19:11:17] ilPanino : martingale never really works in the long run, especially if you get greedy.
[2024-05-10 19:11:20] jjhiijiji : u opened a new one?
[2024-05-10 19:11:25] jjhiijiji : ilPanino: not martingale
[2024-05-10 19:11:29] ilPanino : jjhiijiji: i reentered to prove a point to mr cheese.
[2024-05-10 19:11:32] doublecheese : jjhiijiji: it's not as good as timing the market, but that's all I can do. My liq price is 30.
[2024-05-10 19:11:35] jjhiijiji : i meant just laddering into a long term position
[2024-05-10 19:11:39] jjhiijiji : like laddering into a long
[2024-05-10 19:11:45] jjhiijiji : with low lev
[2024-05-10 19:11:56] jjhiijiji : for me is a very good strategy which ive gained a lot off
[2024-05-10 19:12:16] jjhiijiji : ilPanino: at which price?
[2024-05-10 19:12:24] jjhiijiji : doublecheese: yes cause noone can t ime market perfectly
[2024-05-10 19:12:27] jjhiijiji : so always best to ladder in
[2024-05-10 19:12:29] jjhiijiji : at low points
[2024-05-10 19:12:41] ilPanino : yeah laddering a long at a certain point in the chart is a very good strat, but laddering over a 10k move.. thats martingale for me.
[2024-05-10 19:12:58] jjhiijiji : like laddering up as it moves up 10k?
[2024-05-10 19:13:06] ilPanino : jjhiijiji: 60245
[2024-05-10 19:13:17] jjhiijiji : ilPanino: WHAAAT
[2024-05-10 19:13:18] doublecheese : jjhiijiji: capital shouldn't be a problem, I'll dca monthly if we keep going down.
[2024-05-10 19:13:19] jjhiijiji : dude
[2024-05-10 19:13:21] jjhiijiji : thats fckin PERFECT
[2024-05-10 19:13:43] ilPanino : 1m chart had excellent bullish divs.
[2024-05-10 19:13:57] ilPanino : i just had to give it a shot even if it moved only 200 up.
[2024-05-10 19:14:06] jjhiijiji : mine is 'ok' not great on small timeframe but good on the larger ones obviously
[2024-05-10 19:14:11] ilPanino : small pos, 5000 only.
[2024-05-10 19:14:16] jjhiijiji : 60469
[2024-05-10 19:14:28] BMEXcheers : uh oh
[2024-05-10 19:14:29] BMEXcheers : https://twitter.com/PeterLBrandt/status/1788995972430983648
[2024-05-10 19:14:35] jjhiijiji : oh no what did he say now
[2024-05-10 19:14:36] BMEXcheers : the retired king has spoken
[2024-05-10 19:14:37] jjhiijiji : quick do the opposite
[2024-05-10 19:14:38] BMEXcheers : its over
[2024-05-10 19:14:40] ilPanino : now I said it out loud, now they gonna hunt me again.
[2024-05-10 19:14:47] BMEXcheers : Peter Brandt has finally taken a position
[2024-05-10 19:14:49] BMEXcheers : he shorted
[2024-05-10 19:14:54] BMEXcheers : the crazy coot
[2024-05-10 19:15:01] jjhiijiji : hahahah
[2024-05-10 19:15:03] doublecheese : 40k is the lowest we can get according to me. So having a low lev long with SL at 30k I feel safe. If we got 30k I'll get liquidated, no big deal, I'll accept this loss.
[2024-05-10 19:15:17] jjhiijiji : peter brant kept calling btc a scam in when it was best times to buy
[2024-05-10 19:15:45] Dessos : >https://www.youtube.com/watch?v=2InL5c_vZSY https://www.tradingview.com/x/4RJ9TuJ5/
[2024-05-10 19:16:06] ilPanino : doublecheese: tell that to those that longed 60k and then it went to 15k. All those people know IT IS possible to go lower.
[2024-05-10 19:16:06] doublecheese : Slowly building better for me than opening big pos. And for me 3k is big.
[2024-05-10 19:16:26] BMEXcheers : doublecheese do you trade full time?
[2024-05-10 19:16:26] jjhiijiji : Dessos: always appreciated sir <3
[2024-05-10 19:17:12] vbob : tthis so looks like a short to me :(
[2024-05-10 19:17:20] doublecheese : ilPanino: we won't go 15k during a bullmarket in my opinion. I can also keep pushing money in to lower my liq price. This worked for me before and will work again.
[2024-05-10 19:17:21] vbob : im nt in a trade but here again
[2024-05-10 19:17:24] jjhiijiji : yeah looks fcked tbh ;/ but bottoms always do
[2024-05-10 19:18:01] Dessos : jjhiijiji: always m8
[2024-05-10 19:18:05] doublecheese : BMEXcheers: no lol. I would go insane if I traded full time.
[2024-05-10 19:18:09] vbob : well it can drop back doen to 57
[2024-05-10 19:18:12] ilPanino : doublecheese: Why is this impossible? Of course it is possible. Thinking something is impossible is naive thinking. However, if it is likely and has good odds is a different thing.
[2024-05-10 19:18:18] vbob : to test the last drop
[2024-05-10 19:18:24] vbob : and i feel like it is going to
[2024-05-10 19:18:28] jjhiijiji : ot cpi;d ueaj
[2024-05-10 19:18:31] jjhiijiji : it could yeah*
[2024-05-10 19:18:35] BMEXcheers : doublecheese: agreed (in my case, too)
[2024-05-10 19:18:54] vbob : dont over lev yourself if your going long could be a ride
[2024-05-10 19:18:56] jjhiijiji : ah but
[2024-05-10 19:18:58] jjhiijiji : im already insane
[2024-05-10 19:19:01] jjhiijiji : so i win
[2024-05-10 19:19:11] BMEXcheers : i just want a few 100x for 1/ cosmetic surgery 2/ rs3 :¬)
[2024-05-10 19:19:14] ilPanino : Yearly open is at 42.2k, break below that and were in for free fall to goblin town.
[2024-05-10 19:19:31] ilPanino : It will also turn yearly into a very very ugly bearish candle.
[2024-05-10 19:19:40] BMEXcheers : but right now i am 3) in the red and poor
[2024-05-10 19:19:46] BMEXcheers : even bmex is now below my entry
[2024-05-10 19:21:48] Dennisjuh074 : i think we are gonna drop hard
[2024-05-10 19:22:15] doublecheese : ilPanino: If we go 30k I will be liquidated and accept the loss.
[2024-05-10 19:22:46] ilPanino : doublecheese: if it goes past 42.2k it wont stop at 30k.
[2024-05-10 19:24:14] jjhiijiji : fck
[2024-05-10 19:24:16] jjhiijiji : almost back to breakeven
[2024-05-10 19:25:17] ilPanino : yeah i closed, now we scalp the next move.
[2024-05-10 19:25:18] jjhiijiji : damn
[2024-05-10 19:25:31] vbob : if he close below 60 lads just short it
[2024-05-10 19:25:38] jjhiijiji : i put sl at 60490 ;/
[2024-05-10 19:25:54] jjhiijiji : ill try long it again if we drop lower
[2024-05-10 19:26:03] vbob : i would wait mate
[2024-05-10 19:26:11] vbob : just lose all your cap
[2024-05-10 19:26:25] jjhiijiji : im still tempted to close my long from up high ;/
[2024-05-10 19:26:28] jjhiijiji : fcks sake
[2024-05-10 19:26:44] vbob : if you deel the urge to just trade, move 1k into a casino account like i have and play with 20 bucks 250x trades
[2024-05-10 19:27:12] jjhiijiji : nasdaq pumps.. btc doesnt move. nasdaq dumps, btc dumps
[2024-05-10 19:27:22] vbob : it could steal bounce, but dont add untill confirm
[2024-05-10 19:29:16] ilPanino : btc wants 618 before is my take.
[2024-05-10 19:29:30] doublecheese : 3d chart is the only one really hinting to a real dump.
[2024-05-10 19:30:15] vbob : my bet it will dump. but as above not in a trade, jus waiting
[2024-05-10 19:30:50] jjhiijiji : damn the small one got stopped just now ;/
[2024-05-10 19:30:52] jjhiijiji : oh wait
[2024-05-10 19:30:55] jjhiijiji : 10 dollars more
[2024-05-10 19:31:21] jjhiijiji : lel didnt touch
[2024-05-10 19:31:39] jjhiijiji : /position btcusd ``` :bitmex: XBTUSD: 15,000 USD @ 60469 ```
[2024-05-10 19:31:51] jjhiijiji : come on then
[2024-05-10 19:32:29] jjhiijiji : cool its still alive
[2024-05-10 19:32:44] jjhiijiji : man fckin nasdaq recovered 50% of its dump today
[2024-05-10 19:32:48] jjhiijiji : were still sitting on the bloody botto
[2024-05-10 19:32:50] jjhiijiji : fckin bitcoin
[2024-05-10 19:33:46] jjhiijiji : guys can you imagine if this ends up being the last dump before the halving pamp
[2024-05-10 19:33:55] jjhiijiji : and we teleport to 100k
[2024-05-10 19:34:00] jjhiijiji : after everyone and their grandmother shorted the bottom
[2024-05-10 19:34:05] jjhiijiji : that would be fakkin lavley
[2024-05-10 19:34:20] doublecheese : jjhiijiji: I agree, fk bitcoin. This is what makes a difference between stocks based on companies providing real value to the world and a funny coin based solely on speculation.
[2024-05-10 19:35:27] jjhiijiji : doublecheese: yeah but volatility thats why were here
[2024-05-10 19:35:37] jjhiijiji : ofcourse its safer to trade nasdaq
[2024-05-10 19:35:39] ilPanino : i think it is time for you to short it @doublecheese
[2024-05-10 19:35:45] jjhiijiji : yeah me too
[2024-05-10 19:35:50] jjhiijiji : doublecheese
[2024-05-10 19:35:51] jjhiijiji : its time
[2024-05-10 19:35:53] doublecheese : ilPanino: again, I don't short bullruns.
[2024-05-10 19:35:56] jjhiijiji : short it all in
[2024-05-10 19:36:00] jjhiijiji : but dude
[2024-05-10 19:36:05] jjhiijiji : transcation speed remember
[2024-05-10 19:36:07] jjhiijiji : no store of value
[2024-05-10 19:36:10] jjhiijiji : 'fck bitcoin'
[2024-05-10 19:36:12] ilPanino : doublecheese: but youre so bearish.
[2024-05-10 19:36:13] jjhiijiji : SHORT EEETT
[2024-05-10 19:36:32] jjhiijiji : the sad thing is that its gonna dump
[2024-05-10 19:36:36] jjhiijiji : and hes not gonna have shorted
[2024-05-10 19:36:40] jjhiijiji : and im gonna be bleeding from my long
[2024-05-10 19:36:41] doublecheese : ilPanino: I think bitcoin has no underlying value, not that it cannot increase in price sir.
[2024-05-10 19:36:41] jjhiijiji : :D
[2024-05-10 19:36:50] ilPanino : doublecheese: you didnt even follow your own plan to long 60100.
[2024-05-10 19:36:53] jjhiijiji : it has value because i can sell it for money
[2024-05-10 19:36:57] jjhiijiji : and i can buy whatevber i want with it
[2024-05-10 19:37:02] jjhiijiji : other people willing to buy it
[2024-05-10 19:37:10] jjhiijiji : for this value right now
[2024-05-10 19:37:32] ilPanino : Why make a plan, if youre not sticking to it?
[2024-05-10 19:37:43] ilPanino : How do you expect to ever make money trading?
[2024-05-10 19:37:52] ilPanino : The questions are so many.
[2024-05-10 19:38:09] doublecheese : ilPanino: because of PA leading to this price level.
[2024-05-10 19:38:37] doublecheese : ilPanino: its simple really. I just need to long a parabolic move. Now it's not the time to do that.
[2024-05-10 19:38:46] ilPanino : so because price went down to reach 60100 from being higher, makes you not stick to the plan? Makes sense.
[2024-05-10 19:39:34] ilPanino : i am even considering to open up a new 250x here.
[2024-05-10 19:39:44] jjhiijiji : mine still didnt close ;p
[2024-05-10 19:39:49] ilPanino : a small 500 position.
[2024-05-10 19:39:54] jjhiijiji : i had the stop at 60490
[2024-05-10 19:39:56] jjhiijiji : lol
[2024-05-10 19:40:03] jjhiijiji : /position btcusd ``` :bitmex: XBTUSD: 15,000 USD @ 60469 ```
[2024-05-10 19:40:09] jjhiijiji : i think it missed by 10 dollars
[2024-05-10 19:40:21] jjhiijiji : it will prolly get stopped now
[2024-05-10 19:40:54] jjhiijiji : or i just take the 50 dollars now and short it ;/
[2024-05-10 19:41:04] ilPanino : doublecheese: You know, it moved down so aggressively, that it just have to bounce back a little before it continue. The RR is excellent great here. And it was your own plan all along.
[2024-05-10 19:41:20] ilPanino : It is never a good idea to long the top of a parabolic move.
[2024-05-10 19:41:27] ilPanino : Thats the worst idea ever.
[2024-05-10 19:41:48] doublecheese : ilPanino: we went down 20% from the top.
[2024-05-10 19:42:02] ilPanino : You want in at the bottom of a parabolic move, you dont want to get in at the top.
[2024-05-10 19:42:34] ilPanino : doublecheese: 20%? Damn, that means its 80% left to go for 0 then.
[2024-05-10 19:42:58] ilPanino : jjhiijiji: well played sir.
[2024-05-10 19:43:01] jjhiijiji : and if we went 20% down from the top? what does that mean to you? i dont get it
[2024-05-10 19:43:07] jjhiijiji : is that good or bad for you
[2024-05-10 19:43:08] contract details : ilPanino: sir he said he wants to long before a parabolic move
[2024-05-10 19:43:21] jjhiijiji : i thought he said he wants to long into a parabolic moive
[2024-05-10 19:43:26] ilPanino : contract details: yes, and he also said he is going to long 60100 because thats where the support is.
[2024-05-10 19:43:45] contract details : correct i remember that sir
[2024-05-10 19:43:49] contract details : it is scary though
[2024-05-10 19:44:03] contract details : i am about to glub glub :pepe:
[2024-05-10 19:44:06] jjhiijiji : doublecheese is always on the fence
[2024-05-10 19:44:16] jjhiijiji : some have too much confidence for their own good
[2024-05-10 19:44:19] jjhiijiji : others arent confident enough
[2024-05-10 19:44:34] jjhiijiji : both sides go on my rektlist
[2024-05-10 19:44:46] jjhiijiji : the only ones that survive long term are the ones in the middle
[2024-05-10 19:45:07] hellomi : /position ltcusdt ``` :bitmex: LTCUSDT: 40 LTC @ 81.04895 ```
[2024-05-10 19:45:17] PPP0E : Bullieve
[2024-05-10 19:45:18] doublecheese : jjhiijiji: I am indecisive because I don't have much money to play with, and therefore I cannot afford mistakes.
[2024-05-10 19:45:21] ilPanino : If he uses low lev, the entry i provided earlier would have been an excellent entry.
[2024-05-10 19:45:29] jjhiijiji : if you dont have much monet to play with
[2024-05-10 19:45:32] jjhiijiji : you should not be on bitmex
[2024-05-10 19:45:41] jjhiijiji : especially if you talk about low risk low lev trading
[2024-05-10 19:45:44] ilPanino : And then 50% TP at 62k ish. SL in profit, win win, risk free.
[2024-05-10 19:45:56] hellomi : Bullish
[2024-05-10 19:45:57] jjhiijiji : what are you gonna do with low lev with low capital
[2024-05-10 19:46:06] contract details : learn
[2024-05-10 19:46:09] contract details : :pepe:
[2024-05-10 19:46:20] jjhiijiji : yeah good point
[2024-05-10 19:46:22] jjhiijiji : at least that
[2024-05-10 19:46:28] hellomi : Going high
[2024-05-10 19:46:37] doublecheese : jjhiijiji: better than high lev and no capital. If I become profitable lev won't matter long term.
[2024-05-10 19:46:56] jjhiijiji : it just sounded like hes got low capital, and i often feel its responsible to tell people not to trade on bitmnex if they dont have capital
[2024-05-10 19:46:59] ilPanino : high lev, tight SL, less risk per trade.
[2024-05-10 19:47:11] hellomi : Ltc to 120-130 usd
[2024-05-10 19:47:24] ilPanino : yeah bitmex is not for anyone that wont take risks, arthur wont alow it.
[2024-05-10 19:47:28] jjhiijiji : like if hes saying money from a job and putting it into crypto and bitmex... i dno. i wouldnt reccommend that for my son for e.g
[2024-05-10 19:47:35] KeepItSimple : tight SL is more likely to get hit
[2024-05-10 19:47:48] jjhiijiji : bitmex for people that have some money to play with
[2024-05-10 19:47:51] ilPanino : KeepItSimple: then the trade was not ment to be.
[2024-05-10 19:47:57] jjhiijiji : cause ur likely to lose it
[2024-05-10 19:48:24] ilPanino : Yeah look at Husky, i dont remember how much he lost, but it was alot.
[2024-05-10 19:48:24] doublecheese : ilPanino: it is exactly as @KeepItSimple says. Just lose many in a row with tight SL and ur done for.
[2024-05-10 19:48:37] ilPanino : doublecheese: Then those trades was bad trades.
[2024-05-10 19:48:45] ilPanino : Easy logic applied.
[2024-05-10 19:49:00] doublecheese : ilPanino: only in hindsight you can say a trade was bad though.
[2024-05-10 19:49:22] ilPanino : doublecheese: No, you make a plan, you stick to it, execute according to plan.
[2024-05-10 19:49:39] ilPanino : If SL is hit, the plan was bad, you check what you did wrong, make it better next try.
[2024-05-10 19:50:05] jjhiijiji : contract details: i should really close this long should I. feeling like a bit of a prick right now this sh!t looks so dumpy
[2024-05-10 19:50:18] contract details : glub glub :pepe:
[2024-05-10 19:50:21] ilPanino : its dumpy as F ..
[2024-05-10 19:50:23] jjhiijiji : :pepe:
[2024-05-10 19:50:35] contract details : going down with the ship
[2024-05-10 19:50:37] contract details : :pepe:
[2024-05-10 19:50:54] ilPanino : "part of the ship, part of the crew"
[2024-05-10 19:51:42] jjhiijiji : not sure what i should do ive lost conviction a little bit but i shouldnt
[2024-05-10 19:51:53] contract details : dont touch it
[2024-05-10 19:52:00] contract details : your stop is safe
[2024-05-10 19:52:04] contract details : or you mean the other one
[2024-05-10 19:52:07] jjhiijiji : the other one
[2024-05-10 19:52:15] KeepItSimple : ilPanino: yeah, only problem is price is chasing SL
[2024-05-10 19:52:17] contract details : oh man :pepe:
[2024-05-10 19:52:20] jjhiijiji : ;/
[2024-05-10 19:52:30] contract details : you can probably hedge short the next bounce?
[2024-05-10 19:52:45] jjhiijiji : yeah i closed my short hedge already
[2024-05-10 19:52:48] contract details : trust me you dont want my advice :arthur:
[2024-05-10 19:52:57] jjhiijiji : i should open another one to feel safer
[2024-05-10 19:53:05] jjhiijiji : dno why the fck i closed tbh
[2024-05-10 19:53:05] WinstonChurchill : 50k -> 28k
[2024-05-10 19:53:07] WinstonChurchill : YOU WERE WARNED!
[2024-05-10 19:53:50] ilPanino : KeepItSimple: not if you enter at the right time, it takes practice.
[2024-05-10 19:53:54] hehe MOON : BUY EVERY WEAK ASS DUMP, EZ
[2024-05-10 19:54:01] hehe MOON : :DOGE:
[2024-05-10 19:54:14] jjhiijiji : yees moon give me some hopium please
[2024-05-10 19:54:17] jjhiijiji : i fckin need it badly right now
[2024-05-10 19:54:21] ilPanino : The laughing moon is on our side, lets fly!
[2024-05-10 19:54:32] contract details : :doge: :rocket: :pepe:
[2024-05-10 19:55:14] jjhiijiji : this could end up being the real bottom
[2024-05-10 19:55:18] jjhiijiji : COME ON BABY
[2024-05-10 19:55:42] contract details : nah it's just making sure to tell me i have a horrible entry
[2024-05-10 19:55:45] contract details : before it dwamps :pepe:
[2024-05-10 19:55:46] ilPanino : jjhiijiji: i still think 618 will be hit and slightly penetrated.
[2024-05-10 19:56:09] jjhiijiji : thats often the case
[2024-05-10 19:56:29] ilPanino : Yeah, it should be renamed to 618coin.
[2024-05-10 19:56:32] jjhiijiji : at LEAST a touch
[2024-05-10 19:56:42] jjhiijiji : if not temporary fakeout
[2024-05-10 19:56:48] contract details : no touching allowedd pls
[2024-05-10 19:56:58] jjhiijiji : only look :pepe:
[2024-05-10 19:57:19] ilPanino : i love touching tho. now i feel left out
[2024-05-10 19:57:20] jjhiijiji : noooooooooooooooooooooooooooooooooo
[2024-05-10 19:57:26] jjhiijiji : come on larry fck you
[2024-05-10 19:57:32] jjhiijiji : i mean i love you
[2024-05-10 19:57:54] jjhiijiji : DO IT FOR THE CHILDREN LARRRYYYY\
[2024-05-10 19:57:56] contract details : i want out :pepe:
[2024-05-10 19:58:15] jjhiijiji : out of what
[2024-05-10 19:58:16] hellomi : 👽
[2024-05-10 19:58:18] jjhiijiji : are you long or short
[2024-05-10 19:58:25] contract details : longuey
[2024-05-10 19:58:35] jjhiijiji : entry? :pepe:
[2024-05-10 19:58:41] jjhiijiji : above or below?
[2024-05-10 19:58:47] contract details : 60633 :pepe:
[2024-05-10 19:59:08] jjhiijiji : so either near the bottom, or the new top
[2024-05-10 19:59:08] jjhiijiji : lel
[2024-05-10 19:59:18] jjhiijiji : at least ur not at 63k
[2024-05-10 19:59:18] contract details : exactly
[2024-05-10 19:59:20] jjhiijiji : :pepe:
[2024-05-10 19:59:59] jjhiijiji : looks like larry is buying up peoples fear though
[2024-05-10 20:00:07] jjhiijiji : this could be a good sign
[2024-05-10 20:00:11] contract details : there is a massive storm outside, very timely :pepe:
[2024-05-10 20:00:26] jjhiijiji : damn :pepe:
[2024-05-10 20:00:39] jjhiijiji : you see the price action how larry is buying every tiny little dump
[2024-05-10 20:00:48] ilPanino : etfs just closed.
[2024-05-10 20:00:58] jjhiijiji : larrys bots never sleep though
[2024-05-10 20:01:08] jjhiijiji : people just use larrys etf to buy and sell
[2024-05-10 20:01:13] contract details : it has dumped after close every day this week
[2024-05-10 20:01:21] ilPanino : cme still open for an hour.
[2024-05-10 20:01:21] jjhiijiji : THIS TIME ITS DIFFERENT
[2024-05-10 20:02:23] contract details : i'll buy your hopium
[2024-05-10 20:02:49] jjhiijiji : its not for sale i need it :pepe:
[2024-05-10 20:02:56] contract details : rip :pepe:
[2024-05-10 20:02:59] contract details : oh
[2024-05-10 20:03:06] ilPanino : jjhiijiji: rip sir
[2024-05-10 20:03:17] contract details : today i got one too, after a week fo spamming :pepe:
[2024-05-10 20:03:18] ilPanino : 30 minutes thats evil.
[2024-05-10 20:03:55] WinstonChurchill : :pepe:
[2024-05-10 20:04:01] WinstonChurchill : :pepe: :pepe: :pepe:
[2024-05-10 20:04:02] WinstonChurchill : :pepe: :pepe: :pepe:
[2024-05-10 20:04:02] WinstonChurchill : :pepe: :pepe: :pepe:
[2024-05-10 20:04:02] WinstonChurchill : :pepe: :pepe: :pepe:
[2024-05-10 20:04:03] WinstonChurchill : :pepe: :pepe: :pepe:
[2024-05-10 20:04:04] WinstonChurchill : :pepe: :pepe: :pepe:
[2024-05-10 20:04:11] contract details : :pepe: :pepe: :pepe:
[2024-05-10 20:04:12] contract details : :pepe: :pepe: :pepe:
[2024-05-10 20:04:12] contract details : :pepe: :pepe: :pepe:
[2024-05-10 20:04:13] WinstonChurchill : :pepe:
[2024-05-10 20:04:15] WinstonChurchill : MORE!
[2024-05-10 20:04:15] WinstonChurchill : :pepe: :pepe: :pepe:
[2024-05-10 20:04:16] WinstonChurchill : :pepe: :pepe: :pepe:
[2024-05-10 20:04:16] WinstonChurchill : :pepe: :pepe: :pepe:
[2024-05-10 20:04:17] contract details : :pepe: :pepe: :pepe:
[2024-05-10 20:04:17] contract details : :pepe: :pepe: :pepe:
[2024-05-10 20:04:17] contract details : :pepe: :pepe: :pepe:
[2024-05-10 20:04:38] WinstonChurchill : :pepe: :pepe: :pepe:
[2024-05-10 20:04:49] contract details : :pepe: :pepe: :pepe:
[2024-05-10 20:04:50] Vladimir.Putin : Barttttttt :pepe:
[2024-05-10 20:04:52] ilPanino : contract details: its funny how all the other stuff is gone, but angry pepe remains.
[2024-05-10 20:05:07] WinstonChurchill : :pepe: :pepe: :pepe:
[2024-05-10 20:05:10] WinstonChurchill : :pepe:
[2024-05-10 20:05:12] contract details : ilPanino: indeed :pepe: :pepe: :pepe:
[2024-05-10 20:06:55] joelsabu96 : @ilPanino where is bnq?
[2024-05-10 20:07:03] joelsabu96 : haha
[2024-05-10 20:07:10] joelsabu96 : calling the 67
[2024-05-10 20:07:19] contract details : he called a darth maul
[2024-05-10 20:07:21] contract details : half right i guess
[2024-05-10 20:09:16] ilPanino : joelsabu96: he is the best counter indicator ever.
[2024-05-10 20:09:22] ilPanino : it never fails.
[2024-05-10 20:09:31] joelsabu96 : you shorted when he posted
[2024-05-10 20:09:33] joelsabu96 : :P
[2024-05-10 20:10:13] ilPanino : No, i was also bullish at the time. But in hindsight i should have followed my instincts.
[2024-05-10 20:10:34] ilPanino : When he shows up with his brainwashing nonsense, its time to short.
[2024-05-10 20:10:38] joelsabu96 : next time i will set alerts on his calls and peop reverse what he says
[2024-05-10 20:11:21] ilPanino : I am still bullish, looking for a long entry and i think its at or slightly below 618.
[2024-05-10 20:11:46] joelsabu96 : 618 form where
[2024-05-10 20:11:47] ilPanino : As always, could just keep dumping to do not copy trade. :)
[2024-05-10 20:11:47] joelsabu96 : ?
[2024-05-10 20:12:02] ilPanino : from the bottom to the top of the swing from 57.
[2024-05-10 20:12:28] ilPanino : I at least expect a reaction in that zone. If not, we go deeeeep.
[2024-05-10 20:13:39] joelsabu96 : so u like longs at 59.9?
[2024-05-10 20:14:37] bluemaster : this price action is called " over leveraged slaughter of sheep " 😜
[2024-05-10 20:14:39] ilPanino : i will give it a shot, it usually penetrates agressively, and if it comes back up, i will give it a shot.
[2024-05-10 20:15:14] ilPanino : however, could just bart up here, but i wont chase the price.
[2024-05-10 20:15:37] joelsabu96 : im in from 60200 in binance but feel like adding there and cut if it dosent work
[2024-05-10 20:16:06] ilPanino : thats a good entry, i had a long open from there earlier but closed it because i didnt trust myself.
[2024-05-10 20:16:58] joelsabu96 : so much lev then
[2024-05-10 20:17:08] ilPanino : yeah, only 250x :)
[2024-05-10 20:17:09] joelsabu96 : im 0.5 btc 3x
[2024-05-10 20:17:22] joelsabu96 : so im gucci
[2024-05-10 20:17:25] ilPanino : i was trying to prove a point only.
[2024-05-10 20:17:29] joelsabu96 : hahaha
[2024-05-10 20:17:33] joelsabu96 : 250x no room