Just went 50x long on $BTC, pray for me boys

[Syren]

Just maxed out my leverage on this dip because the charts are looking too juicy to ignore. Either I retire tomorrow or I'm eating instant noodles for the rest of the year. Let's see if we moon or I get absolutely wrecked.

 

[makar104568]

I'm gonna throw caution to the wind and say 50x long is either very brave or very reckless, might want to set a stop-loss just in case. What's the reasoning behind your decision, feeling bullish on the upcoming halving or is it just instinct?

 

[noprincip]

Dude I'm glad you're feeling confident, but 50x long is some crazy leverage, make sure you're not putting your entire account at risk, you may want to set stop-losses to avoid getting caught in a potential dump.

 

[dmitry-23]

Gotta say, 50x long on $BTC is ballsy, you must be feeling like you're on top of the world right now, just remember to set a stop-loss or you might end up joining the 'I went all-in on bitcoin and now I'm broke' club

 

[ВикторияГодл]

dude calm down, that's some crazy leverage to be playing with what happens if BTC tanks? you know it can drop 10% overnight

 

[dirim]

Dude, I'm not sure what's more crazy, the 50x long position or the fact you're not hedging with a decent amount of stablecoins, hope your stop loss is way deeper than your entry, btw what's your entry price?

 

[Mechan1c]

gl to you mate, 50x is insane, hope you set a stop loss tho. BTC can be super volatile so be prepared for a wild ride. dont forget to breathe and dont overleverage yourself