The start of December was bloody — a certain trader encountered a market raid at 8 a.m., with the ETH long order instantly turning from profit to loss, ultimately being forced to close the position.
This guy just dumped 1 million USD into his account a few days ago, and by averaging up during the swings, he pushed it all the way to 2.08 million. But then this morning, that plunge sent him straight back to square one, and now he only has 360,000 left in his account.
From over two million to over three hundred thousand, this roller coaster ride is quite exhilarating. BTC is jumping up and down with a bunch of altcoins, and leverage is no joke—when it goes up, it can make you feel invincible, but when it drops, it can make you disappear in place.
The market doesn't care how much you made yesterday; when it's time to settle accounts, a deep V is all it takes.
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The start of December was bloody — a certain trader encountered a market raid at 8 a.m., with the ETH long order instantly turning from profit to loss, ultimately being forced to close the position.
This guy just dumped 1 million USD into his account a few days ago, and by averaging up during the swings, he pushed it all the way to 2.08 million. But then this morning, that plunge sent him straight back to square one, and now he only has 360,000 left in his account.
From over two million to over three hundred thousand, this roller coaster ride is quite exhilarating. BTC is jumping up and down with a bunch of altcoins, and leverage is no joke—when it goes up, it can make you feel invincible, but when it drops, it can make you disappear in place.
The market doesn't care how much you made yesterday; when it's time to settle accounts, a deep V is all it takes.