I got liquidated, but I'm ok ;)
3 comments
I Got Liquidated
OMG I got liquidated!! I placed some leverage trade on Eth hoping it would go up, but I was too early because the 100x leverage trades already on the system hadn't been washed out by the whales yet. My trade got caught up in the mass liquidation overnight, as usual, while I was asleep and didn't see the liquidation margin call :)
Not to worry, it's gambling and I never put in more than I can lose. Also, my other trade I put on XRP did so well that it more than compensated for the loss. This weekend is going to be interesting. Macro events may play a part too, but the anticipation of Eth ETF trading may drive things higher.
Bitcoin has been pumping too. I've heard several takes on why this is happening. This too will drive prices in the up direction and I'm here for that. Again, I'm only gambling with small amounts. My main stash is in a cold HODL wallet of unknown specification ;)
Peace & Love,
Adé
Comments