Post
Topic
Board Trading Discussion
Re: RIP Long Traders
by
AbuBhakar
on 09/04/2025, 11:26:29 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/

Year old long position? I’m surprised you didn’t take profit when the price is above 100K since there’s nothing big to gain that time considering that you open position way below price.

I think there’s more dump coming while both long and short on this market will be dangerous due to extreme volatility.

Don’t let your money wipe out by exchange. Just buy and hold.