💥 $1.4 BILLION IN LIQUIDATIONS IN ONE DAY!
The crypto market has once again reminded us how dangerous leverage can be.
Over the past 24 hours, more than 175,000 traders had their positions forcibly closed. Those who opened LONG positions were hit the hardest 📉
And here’s the question: how many people lost their deposits simply because of excessive leverage?
My take: it’s better to miss one trade than to lose your entire deposit in a few minutes.
What leverage do you use—5x, 10x, 20x, or no futures at all?
#trading #futures
The crypto market has once again reminded us how dangerous leverage can be.
Over the past 24 hours, more than 175,000 traders had their positions forcibly closed. Those who opened LONG positions were hit the hardest 📉
And here’s the question: how many people lost their deposits simply because of excessive leverage?
My take: it’s better to miss one trade than to lose your entire deposit in a few minutes.
What leverage do you use—5x, 10x, 20x, or no futures at all?
#trading #futures