Post
Topic
Board Trading Discussion
Re: RIP Long Traders
by
tinus42
on 07/04/2025, 19:03:43 UTC
Almost all of crypto crashed 20% in an instance today, liquidating a large number of Long traders, I too lost all of my new and year old Long positions.
Reports claim over $1 billion has been liquidated. My share on that was a small amount. I'm now so used to being liquidated that I laugh at large traders loss than lament on mine own. I've decided to stay away from crypto at least a month before even thinking of whether to buy the dip or not.

https://cryptoslate.com/bitcoin-plummets-9k-as-trumps-tariffs-spark-over-1b-liquidation-frenzy/

I bought some bitcoins today when I saw the price had dropped to 70K euro and am not looking at my wallets today. It's really a tough time to be in crypto and also stocks and even PMs. My treasury bonds are the only thing that is going up.