"It’s crashing—should I sell right away?" That’s what a lot of beginners have been asking this week.
Over $2 billion was liquidated in 24 hours, with 329,000 people forcibly liquidated. Most of those liquidated were using leverage: leverage means borrowing money to amplify your position, and even a slight move in the opposite direction can trigger a forced liquidation.
With spot holdings and no leverage, a drop is just an unrealized loss—panic selling is what turns it into a real loss.
Are you still holding $BTC , or have you already cut your losses and exited?
#CryptoSelloffTriggersMultipleWhaleLiquidations #Bitcoin
Over $2 billion was liquidated in 24 hours, with 329,000 people forcibly liquidated. Most of those liquidated were using leverage: leverage means borrowing money to amplify your position, and even a slight move in the opposite direction can trigger a forced liquidation.
With spot holdings and no leverage, a drop is just an unrealized loss—panic selling is what turns it into a real loss.
Are you still holding $BTC , or have you already cut your losses and exited?
#CryptoSelloffTriggersMultipleWhaleLiquidations #Bitcoin
