570M$ orders Long were liquidated within 24h, BTC dropped to around 76K—looking at the chart now, you can finally see how terrifying leverage can be.
Personally, I think many of you don’t lose because you guessed the direction wrong, but because you used leverage that was too high and didn’t give yourself enough time to wait until you’re right.
Futures don’t always need the market to kill you—sometimes it’s the leverage you choose that does the job. :))
Personally, I think many of you don’t lose because you guessed the direction wrong, but because you used leverage that was too high and didn’t give yourself enough time to wait until you’re right.
Futures don’t always need the market to kill you—sometimes it’s the leverage you choose that does the job. :))
