WE JUST WITNESSED THE LARGEST LIQUIDATION DAY CRYPTO HAS EVER SEEN!!!! DROP A 👍 IF YOU'RE OK... x.com/coinbureau/status/197678…
· 698K Views
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WE JUST WITNESSED THE LARGEST LIQUIDATION DAY CRYPTO HAS EVER SEEN!!!! DROP A 👍 IF YOU'RE OK... x.com/coinbureau/status/197678…
· 698K Views
@coinbureau Okay? Hell, I'm feeling bullish now! x.com/Damn_Champion/status/197…
@coinbureau $Hex holders unaffected../. bro, 😎 we’re use to this shit. 😆 x.com/Hexdek16/status/19768265…
@coinbureau $react still a 5x from bottoms, only down 35/40% but the dip. 🥱
@coinbureau Really? Doubt it. Think back to FTX and the Terra Luna crash. This is small time stuff.
@coinbureau I moved to all cash early this week. So I am All dandy.
@coinbureau Nice. We are only -2.94% on our ETH chain. No price change whatsoever for our SOL chain. $2030 is RESILIENT.
@coinbureau Holding crypto as a leveraged position is like going into a casino with a blindfold.
@coinbureau Yes got my $70 in futures liquidated. Don’t over risk yourself. Be safe, be wise.
@coinbureau Sitting in spot and watching the carnage, sometimes I envy the leveraged, and then something like this comes around and wipes out your entire war chest. Greed is the battle that will decide the war.
@coinbureau Leverage got wrecked, not crypto - BTC/ETH/SOL just did a detox.
@coinbureau This is great news, because every four years, it’s the largest. This means that the markets are continually out performing the previous highs.
@coinbureau 👍👍👍👍 Missed it, but orders in place for the dead cat bounce!
@coinbureau Yeah, we know the drill, no leverage after the bitcoin halving peak. x.com/DnArturo/status/19768459…
@coinbureau physically here financially missing x.com/CoinSage_2k/status/19768…
@coinbureau Well thats good to hear. That wasn't so bad. Glad I dont play the leverage game
21 replies whose parent comment X withheld
@PeterBourg30061 @coinbureau Except they stopped you from buying 😭
@Dumbodown1 @coinbureau And everyone was hating on Gensler. We were all wrong people.
@riskofirma @coinbureau It was my cross trade..... I lost everything. I dont know how i m going manage
@riskofirma @coinbureau You don’t normally see the kind side of crypto bros. Keep up the good work!
@josh_martin @coinbureau Same here; I bought 5 years ago, I wont be selling till 2033
@AllCollectorAut @coinbureau Welcome to the world of shitcoins where the liquidity level is about as deep as a babies pool. You lost all your money because there is so many shitcoins these days that there isn't enough liquidity in an event like this. Don't do shitcoins on leverage.
@YC1401 @coinbureau Sometimes you don’t feel like steak… not one to pass up on offered jobs though….
@NoFUDDINGAround @coinbureau Big fish always eat the small fish… especially when you swim in their ponds with their rules…
@DroneNation @coinbureau Just wait until the normies can trade their ETF holdings on Tuesday after a long weekend of hearing about the blooodbath… you ain’t seen nothing yet!
Yes I know that but that’s just rediculous, if a 10% drop causes so much liquidation that it cascade drops down to 80% then there are way way to many people using leverage. Had to be the easiest short of all time, some of these coins only had a billion market cap so it would probably only take a few million in sell off to trigger stop losses and hit margin. If someone saw that they were literally able to just print money. It’s just objectively stupid to use and margin multiple at all. Even 50% margin is risky.
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