Read a tweet and I felt like I would share it here because it's money related and I know there's a lot of pain in the crypto market right now

"I don't make posts like this often but when I do it really does mean something. Always remember it is only money. I had a close friend take his life back in summer 2020 over a -1000BTC loss. Please do not do anything stupid. You can and will bounce back.

Life is an infinitely complex trade with multiple variables, you will make and lose many fortunes over the course of your lifetime. If you think there is no answer and you will not recover please do get help."




Please don't take stupid decisions, if you lose everything embrace the pain and convert it to fuel to propel you to your next goal.

wait how did he lose 1000 btc?

we arent wallstreetbets

That's a tweet I took from someone but he lost it the same way as a lot of leveraged traders. When you build huge position on leverage it takes a lot of collateral capital, this is one of the reason markets are so volative. Leveraged traders gets "liquidated"

lmao these stupid american panic'd again
elon musk likes this

oh he was trading on margin. well that is really risky business

Don’t miss the point if this post;

Don’t take your own life or harm yourself or others because of a money loss. Thanks for the tip bro, I take my loses like a pro, HOLD til it bounces back 😅😂

im sure there's lot of people who traded on margin with that weeks long sideways shift after the last ATH. i thought it looked juicy af for a push to 65k, bought in at 58k on a short, rebought 1/2 that short at 45k, and im gonna buy the entire short amount or more if we get into 32k range. turn that slushy af short into a middle grade medium length trade and forget about it until my limit hits at 62k.

it was at 32k for about 5-10 min lol




Hodl* my friend

i saw that crater about 15 mins too late LOL