Quote from: Johnyz on Today at 08:54:57 PM

Quote from: Ronny29 on Today at 08:40:46 PM

It’s scary to even imagine how many broken lives in one day

That’s the risk of futures trade and I’m confident that those who are doing this knows about the risk of losing money instantly, its very unfortunate to those who didn’t monitor the market and got liquidated when they wake up. This is why I always trade on spot only so I can lessen the risk and I control my every decision, trading is very risky already those who want to earn more must be ready for every possibility especially on losing money.

Spot trading is really helpful especially if you want to control what's going on with your funds, but you need your time on this. I hope those who lost in this trading will learn their lessons and be more prepared next time around. No one can help you in this market but yourself.

Quote from: gabbie2010 on Today at 07:12:08 PM

Quote from: iamsange on Today at 01:51:32 PM

High profit, high risk. We know that future market can give people boost in their profit. But they should understand risk behind it is big as it's possibility amount of profit. If me, i keep stay in spot trading because honestly i am not ready yet to lose all my assets. Although can set stop loss, i think me still not good at future trading and choose to buy then hold my coins.

At least when the market was green future traders who trade with leverage always smile after earning large profits so I don't see any reason for complain now that market is red I expected them to have taken risk into consideration in their trading, it was very unfortunate that a whopping $9 billion dollars was liquidated, to cut my losses I always exchange my Bitcoin to a stable coin to avoid this massive dumping of the price, indeed a trying time for cryptocurrencies investors.

This is actually where stablecoin is useful. But you need to be careful also which stable coin you will buy. Better choose the known and popular ones.