$9 Billion worth trades got liquidated in last 24 hours. - page 2.

Mahanton

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Quote from: Natalim on June 04, 2021, 04:41:14 PM

Who cares actually, while there are people who are making big money in crypto, there are also people who are losing, so it's just a normal scenario as every one of us is betting on a different outcome, it's a game in short. $9 Billion maybe too big for bitcoin's daily volume, but that's how it is, it's the game and we know the risk. For sure these people also made a lot of money when bitcoin was so bullish, so it's payback time as you'll not win all the time.

Correct, the market is only composed of seller and buyers which whom do try on making profits in the market.There would be ones who do make money and there would be ones who do lose up and repeating the same process and its a bit normal to see up these kind of whining in public
when they do lose up money into their trades but actually this is really just normal and this is why we should really be focused in terms of
risk management.You should do your best on to sustain yourself in the market and set out approriate stop loss levels.

Natalim

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BTC to the MOON in 2019

Who cares actually, while there are people who are making big money in crypto, there are also people who are losing, so it's just a normal scenario as every one of us is betting on a different outcome, it's a game in short. $9 Billion maybe too big for bitcoin's daily volume, but that's how it is, it's the game and we know the risk. For sure these people also made a lot of money when bitcoin was so bullish, so it's payback time as you'll not win all the time.

Oilacris

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Quote from: abel1337 on June 03, 2021, 02:12:30 PM

Quote from: teosanru on June 03, 2021, 01:37:47 PM

Quote from: jostorres on June 02, 2021, 01:27:02 PM

Quote from: boyptc on June 02, 2021, 05:51:32 AM

Quote from: mamahdedeh on June 01, 2021, 10:33:09 PM

in the current situation, I think the decreasing price of bitcoin can certainly be an opportunity for us to start buying bitcoin. the decline could happen again, and we buy back, so we will get every support area to buy in order to minimize risk, Seeing realistically the market will be better than us being obsessed with getting a lot of profit in the near future

It is an opportunity to buy.

People look only to the downside and plummeting of bitcoin. But they do not understand that it's an opportunity that they shouldn't miss.

While we discuss, they are waiting for a reversal and it's the time that they will start buying.

Yeah, we all know that this will just keep happening one time after the other because that is how the market works. There are trades with leverages and there are trades with lending, so eventually they will get liquidated and that is going to impact us a lot in the future as well. However market should take that into consideration when they are doing all of this and that will end up with not being that bad at all, it is going to be decent.

I would love to see leverage trading go, but it is not going away, so at least lets learn to live with them, do not overreact when they are liquidated and all their money turn to dollars causing bitcoin to fall, just see that as cheaper price money and then move on with that. I personally love to just ignore it and move on with my life, have been doing that since the price dump started and I just collected more.

How can leverage trading go and why do you even expect it to go? Even guns can be used both to fight enemies as well as for creating anarchy. But this doesn't mean guns need to stop altogether. I think it's about your own risk aversion. People should be aware of the risk of leverage trading and they should only enter these positions if they are willing to take this much risk. I like how Binane gives you a video tutorial when you want to start leverage trading and even asks you for a quiz to make sure you know what you are stepping into. This might hurt their volumes a lot because a lot many people might read it and might decide to stay away from it. Despite this, they have kept that mandatory quiz before you begin futures.

Leverage trading is risky enough that professional/experienced traders don't recommend it. I tried leverage trading before and I got liquidated so many times until I gave up. The risk is just too high despite the potential earnings you can get for just a few hours of trading. I gave up leverage trading and just continue spot trading and yes I am not regretting that decision, I realized that I am much better in spot than risking so much on leverage trading. It's just frustrating to see newbie traders who are introduced to leverage trading first before spot trading, I'm pretty sure that the majority of them are on lose before stopping.

For those who had just recently jumped in trading are the ones who do really fall into the impression that making profits is just way too easy with
trading specially with leverage which is actually true but if we do really tend to know the real deal then its really high risk.

People cant know those things first or initially until they do experience about losing investment or money.Way too high which majority cant
able to handle the risk.Although potential earnings is indeed high.

Better starts with spot trading rather than going with leverage or future which this would be less riskier.

abel1337

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Quote from: teosanru on June 03, 2021, 01:37:47 PM

Quote from: jostorres on June 02, 2021, 01:27:02 PM

Quote from: boyptc on June 02, 2021, 05:51:32 AM

Quote from: mamahdedeh on June 01, 2021, 10:33:09 PM

in the current situation, I think the decreasing price of bitcoin can certainly be an opportunity for us to start buying bitcoin. the decline could happen again, and we buy back, so we will get every support area to buy in order to minimize risk, Seeing realistically the market will be better than us being obsessed with getting a lot of profit in the near future

It is an opportunity to buy.

People look only to the downside and plummeting of bitcoin. But they do not understand that it's an opportunity that they shouldn't miss.

While we discuss, they are waiting for a reversal and it's the time that they will start buying.

Yeah, we all know that this will just keep happening one time after the other because that is how the market works. There are trades with leverages and there are trades with lending, so eventually they will get liquidated and that is going to impact us a lot in the future as well. However market should take that into consideration when they are doing all of this and that will end up with not being that bad at all, it is going to be decent.

I would love to see leverage trading go, but it is not going away, so at least lets learn to live with them, do not overreact when they are liquidated and all their money turn to dollars causing bitcoin to fall, just see that as cheaper price money and then move on with that. I personally love to just ignore it and move on with my life, have been doing that since the price dump started and I just collected more.

How can leverage trading go and why do you even expect it to go? Even guns can be used both to fight enemies as well as for creating anarchy. But this doesn't mean guns need to stop altogether. I think it's about your own risk aversion. People should be aware of the risk of leverage trading and they should only enter these positions if they are willing to take this much risk. I like how Binane gives you a video tutorial when you want to start leverage trading and even asks you for a quiz to make sure you know what you are stepping into. This might hurt their volumes a lot because a lot many people might read it and might decide to stay away from it. Despite this, they have kept that mandatory quiz before you begin futures.

Leverage trading is risky enough that professional/experienced traders don't recommend it. I tried leverage trading before and I got liquidated so many times until I gave up. The risk is just too high despite the potential earnings you can get for just a few hours of trading. I gave up leverage trading and just continue spot trading and yes I am not regretting that decision, I realized that I am much better in spot than risking so much on leverage trading. It's just frustrating to see newbie traders who are introduced to leverage trading first before spot trading, I'm pretty sure that the majority of them are on lose before stopping.

teosanru

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Quote from: jostorres on June 02, 2021, 01:27:02 PM

Quote from: boyptc on June 02, 2021, 05:51:32 AM

Quote from: mamahdedeh on June 01, 2021, 10:33:09 PM

in the current situation, I think the decreasing price of bitcoin can certainly be an opportunity for us to start buying bitcoin. the decline could happen again, and we buy back, so we will get every support area to buy in order to minimize risk, Seeing realistically the market will be better than us being obsessed with getting a lot of profit in the near future

It is an opportunity to buy.

People look only to the downside and plummeting of bitcoin. But they do not understand that it's an opportunity that they shouldn't miss.

While we discuss, they are waiting for a reversal and it's the time that they will start buying.

Yeah, we all know that this will just keep happening one time after the other because that is how the market works. There are trades with leverages and there are trades with lending, so eventually they will get liquidated and that is going to impact us a lot in the future as well. However market should take that into consideration when they are doing all of this and that will end up with not being that bad at all, it is going to be decent.

I would love to see leverage trading go, but it is not going away, so at least lets learn to live with them, do not overreact when they are liquidated and all their money turn to dollars causing bitcoin to fall, just see that as cheaper price money and then move on with that. I personally love to just ignore it and move on with my life, have been doing that since the price dump started and I just collected more.

How can leverage trading go and why do you even expect it to go? Even guns can be used both to fight enemies as well as for creating anarchy. But this doesn't mean guns need to stop altogether. I think it's about your own risk aversion. People should be aware of the risk of leverage trading and they should only enter these positions if they are willing to take this much risk. I like how Binane gives you a video tutorial when you want to start leverage trading and even asks you for a quiz to make sure you know what you are stepping into. This might hurt their volumes a lot because a lot many people might read it and might decide to stay away from it. Despite this, they have kept that mandatory quiz before you begin futures.

boyptc

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Quote from: awik p on June 02, 2021, 11:16:25 PM

Quote from: boyptc on June 02, 2021, 04:06:50 PM

Leverage will stay and it won't be gone.

It's one of the big markets that the exchanges have added and it's not always about the liquidation of traders there. I knew traders that are making well there and it's about the discipline that they have and they're enjoying it.

Because they know how to trade there properly with the right attitude.

trading with leverage must be more careful, because if we are wrong in the strategy and can't control emotions then a margin call awaits. therefore discipline in short-term trading is needed here. Of course, money management must also be strict so that our capital remains protected

In short, if you're not careful, you'll be liquidated that easily.

That's why I don't do leverage, I'll better not trade at all and just hold rather than putting myself into a situation that I cannot handle through leverage.

awik p

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Quote from: boyptc on June 02, 2021, 04:06:50 PM

Quote from: jostorres on June 02, 2021, 01:27:02 PM

Quote from: boyptc on June 02, 2021, 05:51:32 AM

Quote from: mamahdedeh on June 01, 2021, 10:33:09 PM

in the current situation, I think the decreasing price of bitcoin can certainly be an opportunity for us to start buying bitcoin. the decline could happen again, and we buy back, so we will get every support area to buy in order to minimize risk, Seeing realistically the market will be better than us being obsessed with getting a lot of profit in the near future

It is an opportunity to buy.

People look only to the downside and plummeting of bitcoin. But they do not understand that it's an opportunity that they shouldn't miss.

While we discuss, they are waiting for a reversal and it's the time that they will start buying.

Yeah, we all know that this will just keep happening one time after the other because that is how the market works. There are trades with leverages and there are trades with lending, so eventually they will get liquidated and that is going to impact us a lot in the future as well. However market should take that into consideration when they are doing all of this and that will end up with not being that bad at all, it is going to be decent.

I would love to see leverage trading go, but it is not going away, so at least lets learn to live with them, do not overreact when they are liquidated and all their money turn to dollars causing bitcoin to fall, just see that as cheaper price money and then move on with that. I personally love to just ignore it and move on with my life, have been doing that since the price dump started and I just collected more.

Leverage will stay and it won't be gone.

It's one of the big markets that the exchanges have added and it's not always about the liquidation of traders there. I knew traders that are making well there and it's about the discipline that they have and they're enjoying it.

Because they know how to trade there properly with the right attitude.

trading with leverage must be more careful, because if we are wrong in the strategy and can't control emotions then a margin call awaits. therefore discipline in short-term trading is needed here. Of course, money management must also be strict so that our capital remains protected

GreatArkansas

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Quote from: asus09 on May 29, 2021, 11:20:03 AM

Suddenly dump and pump make many people get liquid every day, I see bitcoin dump more than 30% every time and make liquid price close for many investor try to get long position, maybe waiting long when bitcoin have been lower price and early after weekend is the best for entry to get long position.

I believe that Pumps and dumps schemes could be probably more possible in mid-market caps - low market caps. But most of the pairs that got futures these days are high market caps, so I believe that it's difficult to do pumps and dumps on these high market cap pairs.

There is a lot of reason because of this huge liquidation, yes we can include number 1 for sure those high leverage traders, short squeeze/long squeeze, etc.

P.S. For those who are asking about where we can see such liquidation data, you can visit Bybt: https://www.bybt.com/

boyptc

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Quote from: jostorres on June 02, 2021, 01:27:02 PM

Quote from: boyptc on June 02, 2021, 05:51:32 AM

Quote from: mamahdedeh on June 01, 2021, 10:33:09 PM

in the current situation, I think the decreasing price of bitcoin can certainly be an opportunity for us to start buying bitcoin. the decline could happen again, and we buy back, so we will get every support area to buy in order to minimize risk, Seeing realistically the market will be better than us being obsessed with getting a lot of profit in the near future

It is an opportunity to buy.

People look only to the downside and plummeting of bitcoin. But they do not understand that it's an opportunity that they shouldn't miss.

While we discuss, they are waiting for a reversal and it's the time that they will start buying.

Yeah, we all know that this will just keep happening one time after the other because that is how the market works. There are trades with leverages and there are trades with lending, so eventually they will get liquidated and that is going to impact us a lot in the future as well. However market should take that into consideration when they are doing all of this and that will end up with not being that bad at all, it is going to be decent.

I would love to see leverage trading go, but it is not going away, so at least lets learn to live with them, do not overreact when they are liquidated and all their money turn to dollars causing bitcoin to fall, just see that as cheaper price money and then move on with that. I personally love to just ignore it and move on with my life, have been doing that since the price dump started and I just collected more.

Leverage will stay and it won't be gone.

It's one of the big markets that the exchanges have added and it's not always about the liquidation of traders there. I knew traders that are making well there and it's about the discipline that they have and they're enjoying it.

Because they know how to trade there properly with the right attitude.

teosanru

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Activity: 2114

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Quote from: wxa7115 on June 02, 2021, 01:43:01 PM

Quote from: nelson4lov on May 19, 2021, 05:43:14 PM

Quote from: teosanru on May 19, 2021, 02:31:20 PM

~Snipped

That's right. Majority of the people who got rekt today are the leverage and futures traders because those on spot are just down between 40 - 50 %. On a 10x leverage, that's like 500% down and I know a lot of people who use 20x leverage which is too high, hence the large number of liquidations. Two of my orders got margin called and liquidated but these were just small amounts I put in after yesterday's dip to test the market if that was time to start buying the dip but I was wrong. Today's dump has so many lessons like:

Leverage is most of the time the reason why many traders lose all their money, the crash we saw in the market was important but nothing that was out of this world for those that have been here long enough.

However even something as small as 2x leverage would be enough to wipe out your capital with a 50% drop, anything higher than that and you are risking your whole capital in a single trade and since sometimes stop loss orders do not get executed immediately then you could lose way more money than what you wanted in that trade, so while I am sorry for those people at the same time they deserve to lose their capital as they were irresponsible with it.

Generally in very volatile markets, one should always use Market Stop losses. They might hurt you a bit in terms of slippage but will definitely get hit. Also a 50% drop to be very true is something that comes just once or twice in the whole life of any asset. Such a huge fall generally takes place due to huge leverage positions only as the Whales try to manipulate markets. It's wise to never trade in futures until you understand the market completely. Also averaging as mentioned by Ratimov is an excellent technique too. I myself used this technique in the recent dump only. You should always keep a buy order right above your liquidation point if you see your liquidation getting hit due to a huge crash.

wxa7115

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Bitcoin is GOD

Quote from: nelson4lov on May 19, 2021, 05:43:14 PM

Quote from: teosanru on May 19, 2021, 02:31:20 PM

~Snipped

That's right. Majority of the people who got rekt today are the leverage and futures traders because those on spot are just down between 40 - 50 %. On a 10x leverage, that's like 500% down and I know a lot of people who use 20x leverage which is too high, hence the large number of liquidations. Two of my orders got margin called and liquidated but these were just small amounts I put in after yesterday's dip to test the market if that was time to start buying the dip but I was wrong. Today's dump has so many lessons like:

Leverage is most of the time the reason why many traders lose all their money, the crash we saw in the market was important but nothing that was out of this world for those that have been here long enough.

However even something as small as 2x leverage would be enough to wipe out your capital with a 50% drop, anything higher than that and you are risking your whole capital in a single trade and since sometimes stop loss orders do not get executed immediately then you could lose way more money than what you wanted in that trade, so while I am sorry for those people at the same time they deserve to lose their capital as they were irresponsible with it.

jostorres

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Quote from: boyptc on June 02, 2021, 05:51:32 AM

Quote from: mamahdedeh on June 01, 2021, 10:33:09 PM

in the current situation, I think the decreasing price of bitcoin can certainly be an opportunity for us to start buying bitcoin. the decline could happen again, and we buy back, so we will get every support area to buy in order to minimize risk, Seeing realistically the market will be better than us being obsessed with getting a lot of profit in the near future

It is an opportunity to buy.

People look only to the downside and plummeting of bitcoin. But they do not understand that it's an opportunity that they shouldn't miss.

While we discuss, they are waiting for a reversal and it's the time that they will start buying.

Yeah, we all know that this will just keep happening one time after the other because that is how the market works. There are trades with leverages and there are trades with lending, so eventually they will get liquidated and that is going to impact us a lot in the future as well. However market should take that into consideration when they are doing all of this and that will end up with not being that bad at all, it is going to be decent.

I would love to see leverage trading go, but it is not going away, so at least lets learn to live with them, do not overreact when they are liquidated and all their money turn to dollars causing bitcoin to fall, just see that as cheaper price money and then move on with that. I personally love to just ignore it and move on with my life, have been doing that since the price dump started and I just collected more.

boyptc

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Quote from: mamahdedeh on June 01, 2021, 10:33:09 PM

in the current situation, I think the decreasing price of bitcoin can certainly be an opportunity for us to start buying bitcoin. the decline could happen again, and we buy back, so we will get every support area to buy in order to minimize risk, Seeing realistically the market will be better than us being obsessed with getting a lot of profit in the near future

It is an opportunity to buy.

People look only to the downside and plummeting of bitcoin. But they do not understand that it's an opportunity that they shouldn't miss.

While we discuss, they are waiting for a reversal and it's the time that they will start buying.

Xinarae*

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In fact many businesses are canceled for pump dumps in the market but don't be discouraged if you invest in crypto. Everyone invests to make a profit but cancels the business when the market starts to go down I think it's the right time to invest if the price goes down without canceling the business this is a double occurrence in the crypto market where a small group of players often circulates large amounts of currency. That means only one person has to give up all their holdings to keep the whole market in the tank.

mamahdedeh

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Quote from: asus09 on May 29, 2021, 11:20:03 AM

Suddenly dump and pump make many people get liquid every day, I see bitcoin dump more than 30% every time and make liquid price close for many investor try to get long position, maybe waiting long when bitcoin have been lower price and early after weekend is the best for entry to get long position.

in the current situation, I think the decreasing price of bitcoin can certainly be an opportunity for us to start buying bitcoin. the decline could happen again, and we buy back, so we will get every support area to buy in order to minimize risk, Seeing realistically the market will be better than us being obsessed with getting a lot of profit in the near future

CryptopreneurBrainboss

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Quote from: ?? on ??

On the other hand, futures trading is very profitable in a short time but is worth the risk. I myself have avoided futures trading since I was first liquidated.

You just have to avoid greed and stay in a zone you'll comfortable losing your capital and not go mad about it. I understand people say not to be too comfortable with the zone you're in but that shouldn't be misunderstood as driving into sector you have no idea about just because you don't want to stay in your supposed comfort zone is very deadly in the cryptocurency space.

Future trading is quite tricky and only those that have the experience should be advice to engage with cautious still as anything is possible. A simple manipulation form the whales can wipe out your whole capital.

I see no reason why newbie pick interest in leveraging when they haven't mastered the spot market to a convincing level.

asus09

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Suddenly dump and pump make many people get liquid every day, I see bitcoin dump more than 30% every time and make liquid price close for many investor try to get long position, maybe waiting long when bitcoin have been lower price and early after weekend is the best for entry to get long position.

Ararbermas

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Quote from: JooBra on May 19, 2021, 03:34:28 PM

A lot of people lost money. It is what it is we all know the risks when we go for margin trading. Shorting would have been a god option in last couple of days but that is kinda agains human nature.

doing shorting is good mate on this current situation but it needs more efforts and time to prevent losses because its became so volatile and very unpredictable.. Maybe its because market is really struggling right now to make good improvement but despite its actually still showing some pump that really can give us quick profits or should i say to regain gradually some of our lost during the crash.

imstillthebest

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Quote from: tvplus006 on May 28, 2021, 06:19:12 AM

Quote from: cute nmp on May 27, 2021, 05:36:02 AM

This occurred mainly because of the recent btc dump as a result of Elon musk news that tesla will no longer accept bitcoin as a means of payment.Many people did not expect that to happen in the market hence the reason behind the liquidations.Dips like this happened from time to time so stop loss is important to avoid cases like this.

Have you ever seen information that someone took advantage of Elon Musk's offer and bought a Tesla for BTC? Since Musk is the owner of Tesla, then this statement of Musk was calculated primarily for the hype of Tesla, that it will use an innovative form of payment. Therefore, the termination of the acceptance of BTC as a means of payment for Tesla could not lead to such a dump.

the market benefited at first because there are people that try to bought btc to avail of the offer but not anymore because they tesla discontinued the offer and tesla had liquitdated most of thier btc ,
this include thier own btc investment and the btc that they accumulated on their tesla car sales but interested buyers can still purchase via traditional transaction .
dips are normal and i expect this but i also expect that elon will manipulate btc .

tvplus006

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To the Moon

Quote from: cute nmp on May 27, 2021, 05:36:02 AM

This occurred mainly because of the recent btc dump as a result of Elon musk news that tesla will no longer accept bitcoin as a means of payment.Many people did not expect that to happen in the market hence the reason behind the liquidations.Dips like this happened from time to time so stop loss is important to avoid cases like this.

Have you ever seen information that someone took advantage of Elon Musk's offer and bought a Tesla for BTC? Since Musk is the owner of Tesla, then this statement of Musk was calculated primarily for the hype of Tesla, that it will use an innovative form of payment. Therefore, the termination of the acceptance of BTC as a means of payment for Tesla could not lead to such a dump.

Topic: $9 Billion worth trades got liquidated in last 24 hours. - page 2. (Read 793 times)