I am not a professional trader, so my view on futures trading is that it is like gambling in a new way. It's strange to see so many people who have lost money but still continue to bet on this market. The recent market volatility has made me picture the top exchanges as the bookies taking everyone's property. Even after being exposed to this market for a long time, I see many people still letting the mayor control their behavior, and they will continue to deposit money to continue to take back what they lost. Ironically, the more you remove them, the more you lose.
yes because of quick profit there are many user who loss their hard and earn money . I am a professional trader I also liquidate but only some time . Ratio of my earning .at the end of month I am in profit always.
According to data from Coinglass, the crypto market saw a total liquidation of $123 million in the last 4 hours, with long orders accounting for 95% of liquidations. Moreover, over the previous 24 hours, 75k traders were liquidated, with total liquidations worth over $225 million. Also, crypto exchange Okex witnessed 98% liquidations, with the largest single liquidation order valued at $3.33 million.
For more details . you can go with( Source) -https://coingape.com/bitcoin-btc-ethereum-eth-losses-cause-carnage-in-futures-trading/?utm_source=jambo&utm_medium=telegram.
For more details . you can go with( Source) -https://coingape.com/bitcoin-btc-ethereum-eth-losses-cause-carnage-in-futures-trading/?utm_source=jambo&utm_medium=telegram.
These are futures market liquidation and not crypto market liquidation. Please note, actual bitcoin trading ia not done in futures market. These are a dubmbass investment vehicle which allows you to gamble on price variations of an underlying asset. No impact of such liquidations should come to actual crypto market.
It seems whales are also pulling out their bitcoins from the exchanges to reduce the supply in the market so that the falling price gets some support.
Yes Future market is purely based in gambled but if you are good in technical and fundamental you are in always profit. as I am always in profit at the end of month .
can you suggest any good investment side and safe coin to invest right now???
its a disgrace to the earth and humanity. wall street is a disgrace to humanity. The jewish evil must be stopped
future is too risky so keep in mind when you are going to invest in future.
[moderator's note: consecutive posts merged]
