$QUSDT Perpetual Contract 20X - I voluntarily stopped out and closed the position -0.82$ (-11.58%)
Entry price: 0.0615126 | Closing price: 0.0612177
Closing time: Today, October 30
Others only share their profits; I share the truth.
⚠️ Forcing trades today = getting liquidated ⚠️
Forget $QUSDT— even $BTC isn't safe today. So I'd rather take a small loss and walk away.
Why is the market so volatile today? 3 main reasons:
1. Binance hack panic - an abnormal event involving $6.3 billion in hot wallets caused $BTC to plunge to $76K 2. $12 billion worth of BTC options expire today - whales are manipulating the market 3. The Fed held interest rates at 3.75% - 4%; the market is still fearful + $1.5 billion liquidated in the past 24 hours
Low-cap coins + 20x leverage + today's market = suicide
What I learned:
A small loss = a big lesson
Protect your capital, and you'll have another chance to trade 💎
What about you today? Did you trade or stay on the sidelines? Share in the comments so we can learn together.
NFA - This is just my trading diary.
$QUSDT $BTC $ETH
#QUSDT #CryptoTrading #FuturesTrading #BinanceSquare #RiskManagement #CryptoCrash
Entry price: 0.0615126 | Closing price: 0.0612177
Closing time: Today, October 30
Others only share their profits; I share the truth.
⚠️ Forcing trades today = getting liquidated ⚠️
Forget $QUSDT— even $BTC isn't safe today. So I'd rather take a small loss and walk away.
Why is the market so volatile today? 3 main reasons:
1. Binance hack panic - an abnormal event involving $6.3 billion in hot wallets caused $BTC to plunge to $76K 2. $12 billion worth of BTC options expire today - whales are manipulating the market 3. The Fed held interest rates at 3.75% - 4%; the market is still fearful + $1.5 billion liquidated in the past 24 hours
Low-cap coins + 20x leverage + today's market = suicide
What I learned:
A small loss = a big lesson
Protect your capital, and you'll have another chance to trade 💎
What about you today? Did you trade or stay on the sidelines? Share in the comments so we can learn together.
NFA - This is just my trading diary.
$QUSDT $BTC $ETH
#QUSDT #CryptoTrading #FuturesTrading #BinanceSquare #RiskManagement #CryptoCrash