Bitcoin price going up and longing on Bitmex

in #trading7 years ago

Last week has been great for bitcoin and it has gone from 8000$ to 10500$.
I am using some of my bitcoins to short/long bitcoin on bitmex:
image.png

If you are looking to trade with leverage up to 100x i recommend trying bitmex: https://www.bitmex.com/register/f3rOuo
(I never use more than 5x for bigger amounts but sometimes i use up to 20x for fun)
image.png

Both of these are long and here you can see that the first position was opened at 7800$ and the other one at 9460$. I put a bigger about with 5x margin at 7800$ and since i was quite a bit in profit with this position i decided to do a more riskier one with 20x margin at 9460$. It worked really well.

image.png

I havent closed these postition yet but planning to do so when btc is around 11 or 12k.

Also the weekly chart for bitcoin is looking really good. Finally we get to see a big green bar.
image.png

Thanks for reading!

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