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/In these few days, the collapse of cryptocurrencies has caused more than a billion dollars in losses. However, those involved in trading platforms never predicted that the entire altcoin market, including Bitcoin, would sink like this. Especially those who have been traders for a long time have suffered the most during this time. Trading is very risky and it is very difficult to make money there. Although I have gained some experience on my trading platform, I have decided not to trade at this time and limit myself to investing, then I will be much better and successful.