Do you remember October 11 a year ago?
It was brutal. The market was awash in blood.
So many people were shouting “the bull market is here” one day, only to be sent right back to square one by a single candle the next.
Futures positions liquidated, altcoins cut in half, leveraged positions wiped out—so many people watched the money they’d worked hard to earn over the past six months disappear back into the market in a single night.
The worst part wasn’t losing money. It was watching your account get wiped out before your eyes, without even a chance to react.
A year has passed, and the crypto market is still the same. But some of the people who got burned back then have left, while others have forgotten the pain now that their wounds have healed.
1011 is a collective nightmare for everyone in crypto.
Those who lived through that night should understand this: in crypto, you can make money a hundred times, but if you fail to manage risk just once, all those gains could be for nothing.
It was brutal. The market was awash in blood.
So many people were shouting “the bull market is here” one day, only to be sent right back to square one by a single candle the next.
Futures positions liquidated, altcoins cut in half, leveraged positions wiped out—so many people watched the money they’d worked hard to earn over the past six months disappear back into the market in a single night.
The worst part wasn’t losing money. It was watching your account get wiped out before your eyes, without even a chance to react.
A year has passed, and the crypto market is still the same. But some of the people who got burned back then have left, while others have forgotten the pain now that their wounds have healed.
1011 is a collective nightmare for everyone in crypto.
Those who lived through that night should understand this: in crypto, you can make money a hundred times, but if you fail to manage risk just once, all those gains could be for nothing.