In the last 24 hours, a staggering 30,000 traders got wiped out, with $117,690,000 in losses. š± Many were shorting #Bitcoin, and the biggest loss was a jaw-dropping $8,390,000! š
But who did they lose to, you ask? š¤ Mostly to unregulated offshore exchanges selling those futures contracts. š
Now, think about this: do these exchanges want you to win or lose? š¤Ø If they're on the other side of your trade, they're rooting for your losses. And guess what? Some may even manipulate the market to trigger liquidations! š”
So, here's the deal: instead of trading, consider accumulating BTC and using these market shenanigans to your advantage. š That's my strategy! š
