Crypto bloodbath
 

Man... according to social media, it looks like tons of people lost everything by being over-leveraged... :warning:warning:warning

I pulled a bunch out last friday… glad I did…

It was only about 400 billion usd haircut in a 24 hour span. Is everyone having fun yet?

It's the thrill of the gamble, ain't it ? ?

Sorry was blazed yesterday. The haircut was way way lower.

But yeah seems like some people lost everything. Dead crypto trader found in Lamborghini and they are treating it as a suicide
https://www.foxbusiness.com/markets/crypto-trader-dies-suicide-amid-market-crash

There used to be posters on this forum that would brigade a thread like this right? What happened?

i lost everything

altcoins happened to them :1orglaugh

All my altcoins are back up +10% to +17% :1orglaugh

It was just to make headlines
It will be back to normal level in what 2 weeks :1orglaugh
just a distraction to scare retails :1orglaugh

The only people who actually “lost everything” are the ones gambling with 10x or 20x leverage. They’re basically betting the house instead of investing. It’s a good thing they’re getting wiped out, because they’re the reason for most of the volatility.

I don’t use leverage at all. I still have all my crypto. Not selling SHIT!

In 2 weeks, all these cryptos will be back to the level of Oct 9 :1orglaugh
Patience, patience...

https://files.catbox.moe/l1lbzd.png

lol

:drinkup :thumbsup :2 cents:

so many crybaby stories over the weekend :1orglaugh

#

Sorry to hear that. Did you trade with leverage?

Poor ANAL 🤣

Well, if you’re gonna use leverage in crypto this week might be the time to do it because there’s something right around the corner. Never seen medals trade like this in the 25 years I have been buying.

Inside job from Trump... 30 minutes before his announcement for China a whale shorted cryptos for millions.

:( :( . . .

every party is over at some point

It's not over. It's down like 10 percent.

The over reaction in these threads are insane. Some of you acted like it's down 80 percent.

If you can't handle the volatility. Stick to savings accounts

How have you lost everything? Did you buy shitcoins?

2nd row crypto went down 30-40%

Cashed out BTC with 4x profit already, now waiting for a 50% crash to get in again. The positive hysteria was rather in the last weeks and best sell if the mood is too good.

But maybe I cashed out too early, time will tell, but BTC got less volatile than its brothers and sister.

Absolutely :thumbsup

Smart money uses the media to create panic, as if the entire crypto industry is gone. :1orglaugh

They want to scare retail investors into selling so they can buy everything cheap.

Smart money can wait for months. Retail can’t. :winkwink: