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Topic: Guy Loses $80,000 Trading High Leverage Bitcoin Futures On The 10% Drop (Read 1568 times)

hero member
Activity: 560
Merit: 500
Great news! One more example for you guys to learn from.


how is this great news?  Someones savings are ruined, and now do you think he'll ever use btc again?

Yeah maybe he was stupid to do this, but its not good to see things like this, people will be scared off of using btc
That's like saying people are never going to visit casinos again because some whale lost his shirt.  Not gonna fucking happen.

people go to casinos for a lot more than just gambling.

Also, btc is attempting (I think?) to become a legitimate "currency".  Fluctuations like this make it hard for people to actually trust it enough to use as such
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
That is the only case in which you would say a $10 move is a reason to get concerned and would justify starting a new thread.
Quite to the contrary to what we see now in the speculation section, where every small move in any direction sparks three, four new threads (about the same) on a daily basis.
legendary
Activity: 3556
Merit: 7011
Top Crypto Casino
Great news! One more example for you guys to learn from.


how is this great news?  Someones savings are ruined, and now do you think he'll ever use btc again?

Yeah maybe he was stupid to do this, but its not good to see things like this, people will be scared off of using btc
That's like saying people are never going to visit casinos again because some whale lost his shirt.  Not gonna fucking happen.
sr. member
Activity: 392
Merit: 250
the Cat-a-clysm.
Great news! One more example for you guys to learn from.


how is this great news?  Someones savings are ruined, and now do you think he'll ever use btc again?

Yeah maybe he was stupid to do this, but its not good to see things like this, people will be scared off of using btc

Fontas' savings are not ruined.
hero member
Activity: 798
Merit: 531
Crypto is King.
cccccarnage


mmmm onnnstterrrr killl


GOD LIKEEEE


legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
and another guy earned 80.000 USD...
legendary
Activity: 1722
Merit: 1000
Leveraging Bitcoin is like the worst idea in the universe. Far worse than trading altcoins, which is actually safe in comparison.

A lot of people are going to lose everything and the future income for the rest of the lives due to trading with leverage.

The finacial bullshit in todays world is 100% criminal.  Eventually reality will come in like a nuke and smash the greedy ones.
full member
Activity: 132
Merit: 100
Bsupra C. Member
That's just a penny for him, even so I can hear him saying daaaaamn when he checked the trade.
legendary
Activity: 1862
Merit: 1004
That's why you only invest max $10 at a time xD


Well, that's life. You win some, you lose some. Or in this case, win none, lose $80,000.
No, that is why you invest percentage of your money. It either can be 5%, 10% or 50%. I doubt that for Fontas $80k loss is heartbreaking. He is fed.
legendary
Activity: 1008
Merit: 1001
In Cryptography We Trust
maybe he is millionaire.. who knows

Millionaires trading bitcoins 20X for fun? Hmmmm...
sr. member
Activity: 249
Merit: 250
maybe he is millionaire.. who knows
hero member
Activity: 560
Merit: 500
Great news! One more example for you guys to learn from.


how is this great news?  Someones savings are ruined, and now do you think he'll ever use btc again?

Yeah maybe he was stupid to do this, but its not good to see things like this, people will be scared off of using btc
hero member
Activity: 759
Merit: 500
Bitcoin at it finest  Cool
legendary
Activity: 994
Merit: 1000
$ 80,000 loss in 10% drop, oh my god i may have done suicide if i looses that much. I do day trading but don't know what is leverage, feeing quite nobe not to know that.
legendary
Activity: 1442
Merit: 1016
Wow!
This is just crazy!
Sorry to say that but how dumb can a person be?
This is the typical case of greed eats brain!
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
Leveraging Bitcoin is like the worst idea in the universe. Far worse than trading altcoins, which is actually safe in comparison.

Human greed is indestructible, another proof!
legendary
Activity: 3248
Merit: 1072
you can see it like this, with that huge loss, many have gained through trading, so it's always a positive news in the end, if involves many gains, but if the opposite happen not so much, it leads to centralization..
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
Leveraging Bitcoin is like the worst idea in the universe. Far worse than trading altcoins, which is actually safe in comparison.
legendary
Activity: 938
Merit: 1002
That's why you only invest max $10 at a time xD


Well, that's life. You win some, you lose some. Or in this case, win none, lose $80,000.
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