Thread 60841042

>go 20x long on bitcoin
>10x short ETH to hedge
>My long is down -12%
>My ETH short is down -7.5%

at this point just send btc to 0 to end this ETH retardation

>>60841042 (OP)
Keep shorting eth plese, bad coin saaar its going 0 tumor weeks!

Imagine looking at the btc.d chart and doing this

>>60841061
We smart city people all know eth is bad, its slow and 500$ gas fees!

>>60841070
you think you're undefeatable now huh? it's all going into bitcoin, baggie

>>60841042 (OP)
you looked at this chart and you thought putting on that trade was a good idea wow

>>60841078
Wut?

>>60841063
>>60841081
undefeatable newfag altcoiners encouraging you to buy bags at irrational tops

sounds like a local top to me

alright, calamity is over, my short is in profit again

>>60841088
I am here since 16saaar, donut buy ethereum its very bad, go buy lank or rippel coins berry good strategy so much x-es blody!

>>60841092
good time to unwind your trade

>>60841042 (OP)
>hedging BTC with ETH
Bizarre reasoning.

>>60841106
yes, i guess you wouldn't understand
>>60841099
you're fuckin retarded nigger, someone mentions short ethereum and you go on your unhinged eth defendin spree. pathetic

kek they are literally all convinced now, time to add to the short, delusions fuel me

>>60841113
>lose money
>call others dumb

>>60841121
Very rational and sane response

eth is going to 20k in like 3 months but okay

>>60841113
Sorry anon, you are right! Keep shorting! ;)

>>60841121
you are going to lose money trading with emotion like that man. you should probably avoid using leverage until you know what you are doing.

eth makes so many spergs seethe, i love it

>>60841307
bitchud capitulation is near.

>>60841061
What retard sells something he thinks is good during a bull market?

>>60841042 (OP)
>long btc
>short eth
times change grandpa, the new trade is to long eth and short btc

>>60841088
>irrational tops
I agree, $110K/BTC is a completely irrational top

>make hedge bet
>freak out on the one month chart
ngmi

>>60841042 (OP)
You missed a step.
>Long BTC
>Stake ETH
>Short ETH equivalent to staked value
Congrats you now have synthetically staked Bitcoin without whatever you were trying to pull.

>>60841042 (OP)
You literally did it opposite why did you do that

There's no way you've been aware of crypto for more than a few months, because it's absolutely retarded for anyone who knows how crypto bull markets work to short ETH and long BTC at the point in the cycle where BTC has already topped and ETH has just started pumping.

>>60841042 (OP)
give us an update, bud. Still hangin in there?

>>60841042 (OP)
Thanks, your money is in better hands now.

>>60841975
What now baggies? OP here in the profits

>>60842644
Lol no his btc long got btfo, hopefully he closed it before the flash dump

>>60841042 (OP)
useless is cheap. just a reminder. not sure why so many of you decided to trade the eth local top but whatever.

>>60842658
Im ok and longing more i prepared for it

>>60841042 (OP)
Fucking based kek

>>60842725
Yep i won!!

>>60841042 (OP)
>long btc
>short eth 'to hedge'
Bitch you're not hedging, you're putting on a pair trade. You don't recklessly long something just to go short another correlated asset so you can be synthetic flat. You just... stay flat. What you're doing is double degenerate which is fine but just admit you're a hypergambler who doesn't know you're doing and you can't just call your shitty trade a 'hedge' to make yourself sound smart.

>>60841042 (OP)
What I wanna know is, where's the caveman?

>>60842877
well in my mind everything is correlated, itsjust that I thought ETH would go down more and sooner than BTC would, if things continued down. so i could use the short profits to add to the long

sholdve just kept the short open obviously but whatever

now I am short SOL

in the money already

been real quiet since you got cocky at the top, ETH baggies

>>60841140
i gained money
>>60841052
how are you now? still feeling invincible?
these altcoins were bound to eat some shit for flying too close to the sun

up 10% on my SOL short

SOL market makers like to do these desperation pumps after something else goes up like 'i'm relevant too I swear, look at me". easy short as btc crabshakes

>>60841121
Based. This bull market has too many bull retards

>>60841042 (OP)
>gimme a handjob skooks!

>>60841042 (OP)
what stupid larper. If any /biz/ retards got tricked by this post then you don't deserve to have money in this market. OP lost his money on this short or just larping to bait retards.

>>60844077
??? ok retard if i lost money I'd post it idgaf

>>60841168
man i hope so

>>60844369
i target 16k but /biz/ thinks I'm le evil shortingman who's responsible for making their wee little portfolio take a dive because I dare to combine the words short + their favorite altcoin POS

altbaggers suck cucumber,they always think it goes in a straight line, theyre the worst traders, thats why chads short their BS icarus pumps

anyway now I'm laying low with shorts, those niggercoins can shoot up any minute because a moron decides to marketbuy $5M worth

now just wait for something outrageous and then countertrade it again

and join me in longing btc it's gongo

i got out of SOL at 199 kinda crap but it's +50% i'll take that. the reasoning is that btc may pump a lot so i didn't want to be short on something illiquid that can recover 3% in 5 mins

op (me)is gigachad but /biz/ is full of hate

look at the price of ETH

who wants to come back to admit i wasn't wrong?

no"?

Yo haters I'm long ETH now does that make you happy then?

easy money