What do they know that we dont?
Bitfinex longs
Luke Davis
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Juan Morris
They liquidate themselves
The money they lose go to themselves
Aaron Jackson
>its gonna bounce back up just keep on holding
>CZ and Bankman and formerly ChadHayes: oh yes it will ... but first we have some cleaning to do
Jacob Morris
>hedge 100% of your short position with 5-20% of its value on margin
>what could i possibly know
Oliver Jackson
wash trading
Jeremiah Ward
Yes
BTC is gonna dump hard
Joseph Jackson
That's the home of the biggest crypto gambler of all time, aka john_j_brown. He's always longing and adding more margin to avoid being liquidated.
James Brown
They know the fed will pause QT in 2 months. And they won't restart. Peak inflation next month and everything recovers after the peak.
Cuts in 2023. Roaring 2020s the rest of the way.
Adrian Richardson
that they're gonna get wiped because retards are panicking
Andrew Gray
>every long ever is a hedge!
Camden Morris
it sucks to be a permabull sometimes.
Josiah Gutierrez
it's been this way for almost 8 months
>longs spike
>price dumps
>longs close, shorts spike
>price rallies
etc
Noah Long
Most of it is one 2010 whale named John_J_Brown, and he's using 1x leverage so he can never be liquidated. If you want an accurate amount of longs vs shorts you need to exclude bitfinex due to this one whale, he's always long.
Aaron Phillips
He's using 1x leverage, there is no liquidation.
Angel Gonzalez
They're just buying the dip, like they've been told to over and over
Jayden Richardson
what is sense to trade 1x on Futures instead of trading on spot?
Dylan Adams
I'm not even sure of this myself, never got into leverage or trading at all. I just know he almost always uses 1x because he said so on twitter.
twitter.com
Nathan King
in bear markets, longs are paid most of the fundings. So he's getting a buttload of funding from his derivative 1x long, while he just waits until he's in profit
Evan Thompson
If you’re already rich AF it makes more sense to gamble on doubling your money overtime than risk trying to 10x it and lose it all.
Jonathan Parker
Peak meaning further crash until 2023?
Austin Long
except the market is overwhelmingly long, currently around 75/25 long/short. That's between binance, bitfinex, and bitmex. At bitfinex where its around 97% long and 3% short, no one is hedging their shorts by going long with 30 times the amount of money
Adam Ward
>1x leverage
Is this equivalent to spot trading?
Julian Cruz
>longs are paid most of the fundings
What does this even mean?
Jack Barnes
He probably only shortsell at 1x and buy spot
Robert Murphy
>CZ and Bankman and formerly ChadHayes:
tfw Any Forums degen nazis are always trading on a platform owned by either a nigger, a chink or a jew.
GNS can set them free.
Jaxon Young
look up derivative trading sweaty ;)