250% just like that in Bitmex 100x leverage & Bitcoin Analysis... by amreshchandra

View this thread on: hive.blog | peakd.com | ecency.com

bitcoin · @amreshchandra · May 26 '18

$107.59

250% just like that in Bitmex 100x leverage & Bitcoin Analysis...

Good day peeps hope alls well. If you are a trader in [Bitmex](https://www.bitmex.com/register/9VKUbO) 250% at 100x is not awesome deal, more so you'll be looking at 5000% or so. But for the rest of us who are new 250% is still quite decent. Well the previous post though i was bullish at $7.5k zone my instinct said we still have more downturn to come and then i went on to short @ $7577 & now the price is ~ $7400.

If you had bought say 1 Bitcoin in [Coinbase](https://www.coinbase.com/join/58d74a1aebf2ca1140b4e8e8) and just left it there you would have lost $7577 - $7400 = $177. However if you were to send you Bitcoins from Coinbase to Bitmex and did a short at say $7577 @ 1x leverage you would have made $177, more so if you did @ 100x leverage you would have made 177*100= $17700 worth in Bitcoin.

But its a good idea not to do a 100x leverage as if the price goes against your call, you will get liquidated even faster haha.10x would be relatively a safe play.

**Analysis**
We are at a support level right now ~7.4k and we haven't break the ~7k level yet & the sell strength from the peak at $18k seems to be fading away as we have lower sell strength. 

However we have a chance to go down as 4k too. So as of now i just closed my trades and am  going to get some sleep. I also need to discipline myself from taking too many trades & as they say let the price come to you...


[![](https://cdn.steemitimages.com/DQmPxNKXAhthJ9LS5A3VcokQG1rTr77SAYW7qRkngCN131t/image.png)](https://www.bitmex.com/register/9VKUbO)

![](https://cdn.steemitimages.com/DQmPh6eqXoDMJ8iKR7eDaDfyfwop7Fmfy1huHBquNdFZp9C/image.png)

Hope this was helpful and informative peeps and do sign up to [Binance](https://www.binance.com/?ref=10323998) for trading/buying crypto & in [IC markets](http://icmarkets.com/?camp=20091) to trade crypto/usd pairs in MT4. Also consider using [BITMEX](https://www.bitmex.com/register/9VKUbO) and try your luck at 100x haha :)

If you enjoyed it please do post your upvote, comment, resteem & follow. 

Bitcoin : 1EDEU9A9D1pJYGkM8JaEEUgdH7U8yUNeXp
ETH & ERC 20 tokens : 0x277be3fe5b9b6fed7eff380bff320f9c1caf69a2
Steem & SBD : @amreshchandra :)

<a href='http://icmarkets.com/?camp=20091'><img src='https://promo.icmarkets.com/125x125-black-logo.gif' width='125' height='125'/></a>

👍 postpromoter, promobot, swissclive, leongkhan, vaquita, iyou, theadmiral0, ghasemkiani, yesil, lotto-austria, reiseamateur, instatrashed, jesseluther, sblue, amreshchandra, synace, canadianbacon, mdsajjad, aamirijaz, zekesito, iqbal15, authorofthings, ms10398, theswissguy, lulita, saahir, satishdenish, kult300, shinyforest, jglake, naysayer, parsik, dshelton32, hardikv, free-bird, jonesteemit, talaxy, skarnoze, digi5952, yakubenko, fortunex, ahlawat, mvd, salty-mcgriddles, r351574nc3, gobind, ubg, elm3lam, dezmond, targodan, opeyemioguns, belaviel, khalinoivano, masdaputri, steemitboard, fahmisuhanda, julia1sama, exifr, mavigo77, gowthamnatarajan, exifr0, divinetruth, onepercentbetter, sahra-bot, and 5 others

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@ahlawat · May 26 '18

thanks for new information!

👍 amreshchandra

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@amreshchandra · May 26 '18

Thanks too consider signing up and try mate?

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@etherguy1 · May 26 '18

$0.03

You can make a killing in bitmex but there is alot of risk as well.

👍 amreshchandra, gentlemansjack

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@amreshchandra · May 26 '18

Yea i have gotten liquidated in the past  and that doesn't feel good Ahh...

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@etherguy1 · May 26 '18

You can make a killing in bitmex but there is alot of risk as well.

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@harryterv · Aug 22 '19

$0.04

The same happened to me but on Primexbt, made 300% but then got a few wrong positions and got back to my initial capital. Big risks big rewards.

👍 gentlebot

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@masdaputri · May 27 '18

Good post brother

👍 amreshchandra

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@amreshchandra · May 27 '18

thanks @masdaputri

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@opeyemioguns · May 26 '18

$0.03

Yes it's very helpful, thanks much for sharing 
You are too current about crytos 
I mentioned you here in my post if you would like check it 
https://steemit.com/gratefulvibes/@opeyemioguns/massive-thanks-to-people-that-make-my-steemit-journey-meaningful

👍 amreshchandra

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@amreshchandra · May 26 '18

thanks bro glad these are helpful and appreciate you mentioning about me in ur post:)

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@postpromoter · May 26 '18

re-amreshchandra-250-just-like-that-in-bitmex-100x-leverage-and-bitcoin-analysis-20180526t091047778z

You got a 17.94% upvote from @postpromoter courtesy of @amreshchandra!

Want to promote your posts too? Check out the [Steem Bot Tracker website](https://steembottracker.com) for more info. If you would like to support the development of @postpromoter and the bot tracker please [vote for @yabapmatt for witness!](https://v2.steemconnect.com/sign/account-witness-vote?witness=yabapmatt&approve=1)

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@steemitboard · May 26 '18

Congratulations @amreshchandra! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/payout.png)](http://steemitboard.com/@amreshchandra) Award for the total payout received

Click on any badge to view your Board of Honor.

To support your work, I also upvoted your post!
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If you no longer want to receive notifications, reply to this comment with the word `STOP`

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👍 bountyworks

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bountyworks	0 B		102,929,967	1%

@transparencybot · May 26 '18

<h3>This post has received votes totaling more than $50.00 from the following pay for vote services:</h3>

postpromoter upvote in the amount of $96.29 STU, $130.39 USD.
promobot upvote in the amount of $18.40 STU, $24.92 USD.

**For a total calculated value of $115 [STU,](http://steem.supply/rewards) $155 USD before curation, with a calculated curation of $29 USD.**

This information is being presented in the interest of transparency on our platform **and is by no means a judgement as to the quality of this post.**

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@truth-exposed88 · May 26 '18

I have to recommend a good book to you for trading and TA :)
Sorry, but I can't agree with you that 4k Bitcoin is comming soon.

https://steemit.com/bitcoin/@truth-exposed88/trading-simply-explained-best-book-i-have-ever-read-about-ta-and-trading-highly-recommend-to-all

Best regards,
@truth-exposed88

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@amreshchandra · May 26 '18

Thanks too will take a look at it :)

👍 truth-exposed88

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