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    Thursday, July 4, 2019

    [Daily Discussion] Thursday, July 04, 2019 Bitcoin Markets

    [Daily Discussion] Thursday, July 04, 2019 Bitcoin Markets


    [Daily Discussion] Thursday, July 04, 2019

    Posted: 03 Jul 2019 09:05 PM PDT

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

    Thread guidelines:

    • Be excellent to each other.
    • Do not make posts outside of the daily thread for the topics mentioned above.

    Other ways to interact:

    submitted by /u/AutoModerator
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    [Altcoin Discussion] Thursday, July 04, 2019

    Posted: 03 Jul 2019 09:05 PM PDT

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

    Other ways to interact:

    submitted by /u/AutoModerator
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    New Compliant Australian Crypto Exchange for buying Bitcoin with AUD

    Posted: 04 Jul 2019 07:11 AM PDT

    Lex Exchange has been formed specifically with the intention of providing innovative, cost effective and highly secure cryptocurrency exchange services to the rapidly growing marketplace of cryptocurrency buy/sell services. Benefits for traders:

    • Two user-friendly trading interfaces

    A simple ITC for straightforward trades, and an advanced trading screen with all the graphics and analytical tools for complex trades.

    • Large coin variety

    90% more coin variety than other Australian platforms, and one of the only to offer immediate withdrawal.

    • Fast KYC approvals

    Now it takes less time for you to verify your profile.

    • Generous referral program

    Get a 20% bonus from any transaction that your referee made.

    • Trade in AUD with just 0.55% fee

    Exchange cryptocurrencies with incredibly low fee of 0.22%.

    • Compliant in Australia

    Operational reporting in alignment with AUSTRAC requirements. List of available coins: List of coins: Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple, EOS, Stellar, Cardano, Monero, Dash, MIOTA, Tron, NEO, Vechain, Waltonchain, Powerledger, OmiseGO, Nano. Considerable features:

    • We are scam-free

    Lex Exchange adds only reliable cryptocurrencies and tokens to the listing so you know you won't invest in scam coins.

    • We support advanced trading

    We support advanced trading options. Including Limit order types, open order books and embedded charting complete with a toolset of technical indicators.

    • Trading liquidity

    Instant closures -- no more losses incurred from waiting all day for the order to close.

    • Adjustable Crypto Exchange with KYC and AML quick checks

    Lex Exchange endeavours to enforce all best practices as defined but the Australian Digital Commerce Association.

    • Fix profits in Fiat or Stable coins

    Lex Exchange works with the Australian dollar and Tether, the world's largest stablecoin backed with US dollars.

    • Attentive technical support team

    In case you are struggling to buy bitcoins, confused with exchange, or found a mistake, we are always available to solve your problems as soon as possible. Find out more here.

    submitted by /u/EnzotheCrypto
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    Question on margin trading liquidation price?

    Posted: 03 Jul 2019 09:54 PM PDT

    I cant seem to figure this out.

    So lets say I have $5,000 and I am going 5x leverage, so i'm trading with $25,000.

    Lets say 1 bitcoin is 25,000, so I buy 1 bitcoin for $25,000. After using a margin calculator, why am I getting liquidated at 21,000? Shouldn't I get liquidated at 20,000?

    Also, Lets say price price drops to $23,000 and I sell. Bitcoin is down 2,000. Does that mean my account is down exactly 2,000 dollars now? I understand i would be down 2,000 if I wasn't leveraged, but since I am leveraged 5x am I actually down a different amount?

    submitted by /u/Cool_Calm_Collected
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