Remember 10/10. Especially if you trade altcoins
One year ago, the crypto market experienced a historic liquidation event that reportedly wiped out more than $19B in positions
BTC and ETH sold off hard, but altcoins were where things became genuinely ugly
Many tokens suffered 40–60% crashes, while some experienced extreme wicks as liquidity dried up and forced selling accelerated
This is the side of crypto that often gets ignored when the market is pumping
Everyone talks about how early they bought, how much their bags are worth, and which coin is going to do the next 20x
But very few people talk about what happens when the entire market tries to exit at the same time
That’s when you find out whether your position sizing makes sense, whether your portfolio is too concentrated, and whether you’ve been taking more risk than you can actually afford
I’m all for taking opportunities in this market, but there’s a difference between taking calculated risks and putting your entire account on the line
You can always find another trade
Recovering from a completely wrecked portfolio is a different story
One year later, the message is simple: respect volatility, respect liquidity, and never assume the market can’t move further than you expect
Happy 10/10, everyone🙏
One year ago, the crypto market experienced a historic liquidation event that reportedly wiped out more than $19B in positions
BTC and ETH sold off hard, but altcoins were where things became genuinely ugly
Many tokens suffered 40–60% crashes, while some experienced extreme wicks as liquidity dried up and forced selling accelerated
This is the side of crypto that often gets ignored when the market is pumping
Everyone talks about how early they bought, how much their bags are worth, and which coin is going to do the next 20x
But very few people talk about what happens when the entire market tries to exit at the same time
That’s when you find out whether your position sizing makes sense, whether your portfolio is too concentrated, and whether you’ve been taking more risk than you can actually afford
I’m all for taking opportunities in this market, but there’s a difference between taking calculated risks and putting your entire account on the line
You can always find another trade
Recovering from a completely wrecked portfolio is a different story
One year later, the message is simple: respect volatility, respect liquidity, and never assume the market can’t move further than you expect
Happy 10/10, everyone🙏