Quote from: Ojima-ojo on August 20, 2025, 09:10:02 AM

Alot of liquidations have happened in the last 24 to 48 hours though to sharp drop in the price of Bitcoin and other coins, those trading futures markets I mean the one gambling with the price of cryptocurrency we all know is based on luck but yes it happened most times and frequently trading positions get liquidated.

But the one that caught my attention the most is when an exchange users wrote a poetic statement about the bad side of trading but ye, from the screenshot he shared he shown an x25 position which to me and every other crypto traders is never going to work.

I think 25x leverage is only okay if you're using a fund of around $10-$20 for futures trading. But if you're using $30 or more to take a position, whether long or short,
you'll surely get liquidated quickly if you make the wrong move.

That kind of leveraged trading is too dangerous with a large amount of funds. When I use $100, I only use a 5-10x leverage.