Quote from: dreamspark on March 04, 2015, 07:53:47 PM

Quote from: venomdog on March 04, 2015, 07:38:01 PM

I am so going down, when bitcoin went up from $233 to $257 last to last week I made quite some profit closing my long position and then I did a huge mistake to think that $255 was the highest and I expected it to go down from here was fool enough to put everything in it, opened short position on $250, since then I saw few ups and down and at one point it even went down to $242 but I didn't close the position, became greedy Grin

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And now here I am looking at over $500 loss on my short position although I am happy that bitcoin is rising (don't get me wrong fellas) but I know I ain't having any fun.

So, the question is how long I can hold on to this short position because I still don't want to loose hope of bitcoin going down from here but my worry is what if Bitfinex decided to close my position because I hold them for long? is that possible, I didn't bought these swaps myself, I let system choose best offer for me, are they for 30 days or there is no limit ?

Once your swaps run out new ones will be opened automatically. The only time the platform closes your position is if you reach the liquidation price and get margin called.

Thanks mate for confirmation, I thought the same. Cheers.