We will always hear this kind of stories especially during the bull run, some people will lose, while some people will make money. The sad reality is there's a lot of newbies who are convinced that trading or investing is profitable, but in reality, it depends on your knowledge and skills, and it's like gambling where one could make or lose.
yes it looks faintly like gambling, but I don't call it that, this is a trade where we trade and expect big profits but trading also sometimes trading can also bring losses, which is normal. like what you say they lack knowledge and are too reckless they only think of big results and don't know how to analyze it. 
Topic: THE VERY TRAGIC MOMENT IN FUTURES TRADE HAPPEN AGAIN. - page 3. (Read 638 times)
We will always hear this kind of stories especially during the bull run, some people will lose, while some people will make money. The sad reality is there's a lot of newbies who are convinced that trading or investing is profitable, but in reality, it depends on your knowledge and skills, and it's like gambling where one could make or lose.
Yup, newbie who are so aggressive lack of knowledge but only guts, they are the one who've become the milking cow of those playing around the market. The problem is, some of these newbies are victims of so called hype in social media and they are the easy target, we all know that in trading, someone will lose and someone will gain money from losers. 
We will always hear this kind of stories especially during the bull run, some people will lose, while some people will make money. The sad reality is there's a lot of newbies who are convinced that trading or investing is profitable, but in reality, it depends on your knowledge and skills, and it's like gambling where one could make or lose.
people to be frustrated when they loss a large amount, especially when the money used is debt
while those who use personal money seem less panic and waiting for the right moment to take profit
while those who use personal money seem less panic and waiting for the right moment to take profit
This is all good advice and most people know it, but the issue for me lies even further back than this. And this is in the expectation setting. Expectations are all completely wrong. They see it as money making and profit and stuff.
They can always seek knowledge (I actually doubt skill because you can't really learn to be proficient in trading, just in using trading tools) but if you don't solve the expectation issue they'll always get it wrong right from the start.
They can always seek knowledge (I actually doubt skill because you can't really learn to be proficient in trading, just in using trading tools) but if you don't solve the expectation issue they'll always get it wrong right from the start.
That image reminds me of what I got in a few days ago when I tried to make future trades.
I got a message on my mobile phone about liquidation on my trade because I lose the trade.
That makes me sad because I make a mistake in analysis, but nothing I can do about and I can only take a break for a while instead of depositing some money to the future account.
It feels sad and makes us lose, but I am sure that we will have another time to recover.
I got a message on my mobile phone about liquidation on my trade because I lose the trade.
That makes me sad because I make a mistake in analysis, but nothing I can do about and I can only take a break for a while instead of depositing some money to the future account.
It feels sad and makes us lose, but I am sure that we will have another time to recover.
We repeat the bear market of 2020. This time it looks more severe as most cryptocurrencies have fallen near their ATH levels and many altcoins have split 3.4 times in value instead of halving as in May. March 2020.
This price drop has severely affected the entire market and we don't know when it will end. This price drop can cause most futures traders to liquidate their accounts.
This price drop has severely affected the entire market and we don't know when it will end. This price drop can cause most futures traders to liquidate their accounts.
The current price is still the All time high few months ago if you check price history. This bloodbath is very serious for those new traders that bought on top. But for old traders like me who's holding and buying BTC @10K level below, This current price is still high same as altcoin price since most of it was on the same level as BTC that time. Nothing new, It will recover soon.
You are correct, this current situation is not yet a bear market, because a month ago, we only looking for 20Kusd for bitcoin, but look at bitcoin now, it's around 30-38K, maybe some could say that it is bearish because like me, I bough in high price, so for me to recover the loses if I sold my coin, I'd rather to chose to hold it until such time the price goes up.
Oh yes, Too many traders were being liquidated lately because of bitcoins big movements. Even if you're on altcoin, You will be affected if bitcoins crash. Those who experienced the 2017 crash will feel nostalgia for sure and as of now, I can tell that most of them left their position or put their money into stable coins for now to avoid the expected market cycle.
If ever 2021 crash victims experienced a bull run again, I hope they know that it will happen again and they should be ready.
If ever 2021 crash victims experienced a bull run again, I hope they know that it will happen again and they should be ready.
Its really frustrating to see a notification that your position got liquidated, that’s the problem if you didn’t monitor your position and if you do take the risk on a much volatile trend of the market. If you lose all your assets, that’s fine because you can’t do anything to recover it, just accept the fact and continue moving forward don’t ever think to do bad things because it can’t help. Futures are for those who are willing to lose their money, not to those who are just hoping to make money without understanding the risk.
Very well said. If you are not ready with the risks involved in futures, just opt for less risky position like the spot trading. And these days, it seems futures is not a very good idea to venture with. Many people will curse the crypto market after this bloodbath because of their losses. But it is not the crypto market's fault on why it happened to them. This is normal correctional in the market after such long duration of bullish market. So if you are not ready in this market, just keep your fiat or stablecoin in place.
The newbies might see this season as a threat to loss their investment but for us the old and strong hands, bearish season will always bring us new opportunities to buy and sell them at its top price. If you can't handle a single correction, i think crypto market won't work out for you.
Its really frustrating to see a notification that your position got liquidated, that’s the problem if you didn’t monitor your position and if you do take the risk on a much volatile trend of the market. If you lose all your assets, that’s fine because you can’t do anything to recover it, just accept the fact and continue moving forward don’t ever think to do bad things because it can’t help. Futures are for those who are willing to lose their money, not to those who are just hoping to make money without understanding the risk.
Very well said. If you are not ready with the risks involved in futures, just opt for less risky position like the spot trading. And these days, it seems futures is not a very good idea to venture with. Many people will curse the crypto market after this bloodbath because of their losses. But it is not the crypto market's fault on why it happened to them. This is normal correction in the market after such long duration of bullish market. So if you are not ready in this market, just keep your fiat or stablecoin in place.
Its really frustrating to see a notification that your position got liquidated, that’s the problem if you didn’t monitor your position and if you do take the risk on a much volatile trend of the market. If you lose all your assets, that’s fine because you can’t do anything to recover it, just accept the fact and continue moving forward don’t ever think to do bad things because it can’t help. Futures are for those who are willing to lose their money, not to those who are just hoping to make money without understanding the risk.
Billions of money got liquidated instantly in the past days, and that’s why many loses their money since the market is down. I don’t know why newbies do futures while they still have a limited knowledge about trading, that’s pure of greed to me and this is the result of that. This is a lesson to everyone, and take this opportunity to buy good project and hold until the market recovers, I don’t mean that futures is not good but make sure you do this based on your experience and knowledge.
Now there are still opportunities to make money. You just need to do your tasks further and strive for the best result and the best project on which you can earn. I am currently looking into several projects, and there is a great chance of success.
Well if you are looking into several projects that have the potential of creating profit, --I highly recommend investing in bitcoin is always the best way.Most newbies investors come just solely of making profit, they never think about the possible risk and consequences that waiting ahead and now here we come, there is a massive correction and I think everyone begun to panic and selling their holding thinking that it is time to divert their asset into cash but the fact, --they already accept their losses. But I agree that this is the right time to invest and take advantage while the market is a dump and the price of all cryptos are quite cheap compared to when there is a bull trend.
A newbie shouldn't do trading if he's not familiar with it. And if putting it on futures, putting himself into high leverage, the likely of being liquidated is very high.
I keep seeing those people sharing their experiences and how they've ended being liquidated. It's good that they can still share it because they have accepted their losses and what happened. But those people that have tried it and then liquidated who can't move on, they're the ones that are unlikely to recover because they are dwelling with that mistake and experience.
I keep seeing those people sharing their experiences and how they've ended being liquidated. It's good that they can still share it because they have accepted their losses and what happened. But those people that have tried it and then liquidated who can't move on, they're the ones that are unlikely to recover because they are dwelling with that mistake and experience.
If you check the market the bitcoin price is still up to around 200-300% from the old All-time high of 20k$, I don really think that the market price of bitcoin will go down from 10k$ again or just like last year.
I also lost some of my investment because of the dump and this happened to my Future margin as well where it texting you because your future investment is already liquidated, the same thing on DOGE.
But that's the risk of investing in cryptocurrency and we can't always win in our investment, this dump will come in the market that is why I always take profit if it's possible.
I also lost some of my investment because of the dump and this happened to my Future margin as well where it texting you because your future investment is already liquidated, the same thing on DOGE.
But that's the risk of investing in cryptocurrency and we can't always win in our investment, this dump will come in the market that is why I always take profit if it's possible.
We repeat the bear market of 2020. This time it looks more severe as most cryptocurrencies have fallen near their ATH levels and many altcoins have split 3.4 times in value instead of halving as in May. March 2020.
This price drop has severely affected the entire market and we don't know when it will end. This price drop can cause most futures traders to liquidate their accounts.
This price drop has severely affected the entire market and we don't know when it will end. This price drop can cause most futures traders to liquidate their accounts.
The current price is still the All time high few months ago if you check price history. This bloodbath is very serious for those new traders that bought on top. But for old traders like me who's holding and buying BTC @10K level below, This current price is still high same as altcoin price since most of it was on the same level as BTC that time. Nothing new, It will recover soon.
There were some signs of this crash. Of course it didn't happen in one day and those people who suffered weren't able to see it. Only experienced traders in this market might have seen and avoid huge losses. Bitcoin is very volatile at the moment and it isn't recommended to catch the knife. Anyway, there's a high chance that bitcoin will rise again and make a new ATH, since the ATH of USD 64.8K this year was rounded and doesn't look like any old ATH.
We repeat the bear market of 2020. This time it looks more severe as most cryptocurrencies have fallen near their ATH levels and many altcoins have split 3.4 times in value instead of halving as in May. March 2020.
This price drop has severely affected the entire market and we don't know when it will end. This price drop can cause most futures traders to liquidate their accounts.
This price drop has severely affected the entire market and we don't know when it will end. This price drop can cause most futures traders to liquidate their accounts.
The crypto market crash is happening and altcoins are bleeding heavily. Most people often have a behavior of bottom fishing and pooling their losses so their losses are easy to see. This fall could be a major correction or the start of a downtrend.
I agree with you because in the present case such scenes are seen in many cases.👍
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