The cruelest truth in crypto: what determines whether you live or die isn’t your understanding—it’s your position size.
BTC plunged from 87,000 to 80,400, then bounced back to 82,500. ETH fell from 2,777 to 2,405, then rebounded. The prices are back where they were, but some people broke even while others were wiped out.
The difference was position size. Long liquidations accounted for 94%, as one-way trading wiped out those chasing the rally. In the same market move, spot traders may have only seen their profits shrink, while futures traders had their accounts wiped out. Get the direction right but the position size wrong, and the outcome is the same.
The first lesson of any trading system has never been “Can I get it right?” It’s “If I get it wrong, can I still survive?”
#BTC #ETH #ZEC
BTC plunged from 87,000 to 80,400, then bounced back to 82,500. ETH fell from 2,777 to 2,405, then rebounded. The prices are back where they were, but some people broke even while others were wiped out.
The difference was position size. Long liquidations accounted for 94%, as one-way trading wiped out those chasing the rally. In the same market move, spot traders may have only seen their profits shrink, while futures traders had their accounts wiped out. Get the direction right but the position size wrong, and the outcome is the same.
The first lesson of any trading system has never been “Can I get it right?” It’s “If I get it wrong, can I still survive?”
#BTC #ETH #ZEC