Ever wonder what people mean when they say "REKT" in crypto?
It's basically when your portfolio takes a massive hit—liquidations, bad trades, rug pulls, you name it. Nobody wants to experience it, but understanding what causes it might just save your funds.
Knowing the warning signs and common pitfalls? That's your first line of defense. Over-leveraging, FOMO buys, ignoring security basics—these are classic ways traders get burned.
Stay sharp out there.
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GasFeeCrybaby
· 12-05 00:49
Another article teaching people how to avoid liquidation, but I bet five bucks that most people will still fall into the trap.
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ColdWalletAnxiety
· 12-04 14:26
A graveyard for leveraged traders, a lesson learned in blood and tears.
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GateUser-0717ab66
· 12-02 12:04
As soon as the leverage is opened, my mind is gone; my bloody history.
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LiquiditySurfer
· 12-02 11:59
Leverage players ultimately have to pay tuition, this is a law.
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GasWaster
· 12-02 11:56
ngl spent 500 gwei on a failed tx watching my liquidation happen in real time. rekt doesn't even cover it
Reply0
FlashLoanKing
· 12-02 11:54
Contract on-chain arbitrageurs, daily chasing rugs, most afraid of getting rekt
Oh, isn't this just my daily textbook? As soon as leverage is opened, it's time to go home and eat dirt.
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GweiWatcher
· 12-02 11:52
It's the same old story again; who doesn't understand it after having been REKT before?
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BridgeJumper
· 12-02 11:45
REKT is like losing everything, it really hurts to see so many people getting liquidated.
Ever wonder what people mean when they say "REKT" in crypto?
It's basically when your portfolio takes a massive hit—liquidations, bad trades, rug pulls, you name it. Nobody wants to experience it, but understanding what causes it might just save your funds.
Knowing the warning signs and common pitfalls? That's your first line of defense. Over-leveraging, FOMO buys, ignoring security basics—these are classic ways traders get burned.
Stay sharp out there.