A 20x leveraged ETH long—putting the brutal truth right in front of your eyes.
Entry price: $2.259. Current price: $1.883.
Unrealized losses exceed 100,000 USDT, with position P&L at -399%.
The market only needs to move slightly in the opposite direction for leverage to rapidly magnify your losses.
Spot trading might make you wait for a long time, but with futures, your principal could be wiped out before the market even turns around.
Perhaps this is what leverage really looks like.
#Follow for follow# #Will follow back if you have followers#
Entry price: $2.259. Current price: $1.883.
Unrealized losses exceed 100,000 USDT, with position P&L at -399%.
The market only needs to move slightly in the opposite direction for leverage to rapidly magnify your losses.
Spot trading might make you wait for a long time, but with futures, your principal could be wiped out before the market even turns around.
Perhaps this is what leverage really looks like.
#Follow for follow# #Will follow back if you have followers#