From the time I was liquidated on Binance, whatever amount it wasโbut I was liquidated based on its personal account settings for maintaining its platform and profit margin. The price did not reach liquidation, but it liquidated your portfolio, and we canโt do anything. And now the BTAI share has no news, no announcements, or anything. It will be deleted, and you didnโt inform us. Beware of this platform for stealing peopleโs money, by Allah, by Allah, by Allahโfor stealing peopleโs money.
$EVAA It hides with great severity. It will harm for a drop to 0.48, then it will return to 2.8. Not advice, but for your own sake. Watch your wallet ๐ฅ #EVAA #BTC $EVAA $BTC
All of them are a filter for those who have fear and lack of information. Silence laughs in a dilemma, and in the end, you end up losing to complete your rotten life.
otmanino
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๐จ Bitcoin Spot vs Futures: Why are Futures Liquidated Only?
๐ฅ In the market $BTC Spot, the investor buys real Bitcoin and actually owns it in their wallet; there is no concept of liquidation in this type of trading because you do not borrow money or use leverage. Even if the price drops significantly, you remain the owner of the Bitcoin.
๐จ Futures, on the other hand, do not mean owning $BTC actually, but betting on its price movement up or down, often using leverage. Here lies the fundamental problem: the trader opens a position with borrowed money from the platform, and if the price moves against their expectation by a certain percentage, the loss may completely consume the deposited margin. At that point, the platform automatically closes the position to protect its funds, which is known as liquidation.
๐ฅ This is why we see that liquidation happens in futures only and not in spot. The market does not "punish" the trader; rather, it imposes strict rules for risk management when using leverage.
๐ฅ Here you also understand why spot is halal and futures are haram; spot is buying and owning $BTC while futures are betting on the price (gambling) and leverage is usurious lending.
The tragedy is that everyone understands it's money laundering for all the famous and disgusting things, and yet we continue.
darealgoat
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The operation is money laundering ๐จ
This means that a person has a large amount of money they want to clean through meme currency, how is that done? They create meme currency and buy from the first wallet with a small amount, then they enter with a large amount from another wallet and sell from the first wallet they entered with the small amount, and thus they clean the dirty money