Bitmex Calculator “Rekt Prevention Tool”

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Bitmex Calculators and why/how to use them.

Most people using Bitmex have absolutely no idea what they are doing and getting into, far too many comments and observations I have seen tell me that the average Bitmex user is likely to get Rekt as denoted in this article/quiz. Most don’t use any form of risk/money management and likely have no idea how to even calculate possible wins/losses on trades ahead of time. This really bothers me as I think it is extremely important that people just don’t gamble their money away using powerful platforms like Bitmex. If you wish to prevent from becoming Crypto Road Kill then take this article to heart and dive in and do the work to educate yourself of the risks involved with trading your Bitcoin and other Cryptos on Bitmex. Calculators will help you know the risk/reward ahead of time and by doing that you are in planner mode, this mode is where all great traders are born! 

As you can see by the image above the side by side view of the different calculators 2 of which give Fiat Calcs and 1 of which is the most extensive, also including calcs for ALT coins. These calculators whether you choose to use the built-in one for Bitmex, the Simple 1Broker one or the more extensive bitmexcalculator.com one. All of them will help you calculate and plan your trade risk/reward ahead of time. Good planning is a sign of a winner, you can’t beat a man with a plan! Below is a Calculators for you to use.

Next are the links below you can further educate yourself on how to calculate your profits from FIAT to BTC and even ALT coins. These Bitmex centric tools & resources will serve to give you a greater understanding of how to control your risk and help you stay away from becoming one of the REKT. Read each of the links below several times until you feel you have a good understanding of these tools/resources. 

Disclaimer

This article is for educational purposes only. We are no financial advisors. The information provided from SmartOptions is for informational purposes only. It should not be considered legal or financial advice. You should consult with a financial advisor or other professional to find out what may be best for your individual needs and risk tolerance.

Please do your own research and never let anyone trade your account for you. We do not support or advertise Fund Management in any kind of manner. We solely review signal providers, their work/analysis/provided education. Please read this disclaimer and leave the website if you disagree with it.

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3 COMMENTS

  1. I’m impressed, I have to admit. Rarely do I come across a blog that’s both educative and amusing, and
    without a doubt, you’ve hit the nail on the head. The problem is something that not
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Rico Chette
Rico Chettehttps://smartoptions.io
Ricco Chette is nothing like what you could imagine, a fighter for the lost, weak and marginalized. Rico blazes a trail of truth often with a bullet or a glass of wine. You might think you know Rico, but you don’t… Lover of Crypto, Freedom and the Truth. Hear HER ROOOOAAAR!!!