Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
tadamichi
on 13/06/2022, 10:11:50 UTC
⭐ Merited by JayJuanGee (1)
Margin account liquidated only hours ago is now around 2.5% health again.  If this doesn’t let up soon, it will set some kind of record for repeated executions without time for a last meal or... ok, I am wittier when I am not in this type of a situation.

MARGIN SUCKS!!!
[...]
If we really visit the $23k range, I could get liquidated again-again.  I ought to avoid repeating the same mistake.

Slightly over $23,200, to be precise.

Four letters is your mistake

HODL

Stop being greedy and playing the market. Only 10% wins that game (and if you believe the Internet everyone is making tons of money on it)

Just accumulate and put it away for 8 years
I think people who use margin, should also consider the macro situation(stagflation, printer decides next events). So many people in the whole sector get liquidated, because they can’t separate when it’s time for margin. Now was the time to wait for the bottom and get a nice spot buy, i literally saved cash since weeks for this.