Watching my account evaporate after just one brutal red trading session left me stunned. That was when I truly realized how terrifying 3x leverage can be.
The recent news that the SEC had approved 3x ETP products for $BTC and $ETH has made quite a few of you curious to jump in and give them a try.
Today the market dipped slightly. $BTC fell more than 5%, dragging its 3x version down nearly 16%, while $ETH plunged 22% in the blink of an eye 📉.
Thinking back to those historic crashes when $BTC fell nearly 40%, if I’d been holding a 3x product back then, my account would probably have been wiped out for good 🤯.
These instruments are only meant for ultra-short-term day trading with iron discipline—not for holding through a long-term market cycle ⚡.
Are you choosing risky short-term trades this time around, or playing it safe and holding? Share your thoughts in the comments below! 👇
$BTC $ETH
DYOR — Sharing my personal experience, not financial advice.
The recent news that the SEC had approved 3x ETP products for $BTC and $ETH has made quite a few of you curious to jump in and give them a try.
Today the market dipped slightly. $BTC fell more than 5%, dragging its 3x version down nearly 16%, while $ETH plunged 22% in the blink of an eye 📉.
Thinking back to those historic crashes when $BTC fell nearly 40%, if I’d been holding a 3x product back then, my account would probably have been wiped out for good 🤯.
These instruments are only meant for ultra-short-term day trading with iron discipline—not for holding through a long-term market cycle ⚡.
Are you choosing risky short-term trades this time around, or playing it safe and holding? Share your thoughts in the comments below! 👇
$BTC $ETH
DYOR — Sharing my personal experience, not financial advice.
