I just got liquidated. 160k gone just... like that?That was pretty much my entire life. I think this might be it for me. Thank you all so much for all the laughs during the years. Get away from leverage trading. Have a good life bros.
>>61325534Positions or GTFO
>>61325534You can rebuild.
Bro, don't do anything crazy. I remember when I got liquidated, I lost 70k and I don't even know how to express what I felt. All gone. Just like that. Seemed so random. All that DCA, everything. Gone. I felt pure despair. Hit my walls. Blood. My father screaming what the hell was going on. I was about to commit suicide. But I'm fine now. That happened during the previous bullmarket. Better days will come. Don't do anything crazy, please.
>>61325534Thanks for playing
I lost more than that on shitcoinsIt is what it is
nice nice, learn from your mistakes and all that shit
spot is king stay strong and go to work or some shit
>>61325534On the bright side, there’s nowhere to go but up now
>>61325564Bro, btc is at 95k. This is only the beginning. Next stop is 75k.
>>61325534just dont use leverage next time. its that easy.
>>61325534I just bought another 10k worth of usduc because I like the coin and that's about it. BTC breaching 100k resistance and these suicide threads are not doing a lot of good to my mental health right now what the fuck>>61325614It may unironically be the next stop, relatively soon. Oh shit.
>>61325614I meant for his portfolio
>>61325547I've lost 50k personally. It was a slow loss over 3 years of leverage trading. I still think about roping myself every so often. If my family only knew the shame of what I am I think I would genuinely sui
>>61325534Thanks for the bag, retard. LOL
why do you retards use leverage or options? just buy the fucking coin or not.
>>61325534I never believe these because nobody is that stupid to leverage trade with his entire life savings
>>61325756Gambling addicts.
>>61325564The bottom is zeroBut seriously, I think it's 50-60k.
>>61325534how are you this retarded
>>61325547go back, loser
>>61325757You say that as if casinos don’t exist and all the horror stories that come with them.
>>61325756Ideally, you check your investments from time to time and sometimes the news if it affects it, then ask yourself: "would I buy it at this price?" if the answer is yes, you hold, if the answer is no, you sell. That's a simple rule, but it hasn't left me holding any bags.
>man walks into a casino>beeline for the roulette wheel>160k on red>double or nothing>*prrtl prrtl prrtl prrtl*>it's black, sir>that's what the doctor said>snickers at his own joke>the homely female croupier returns a blank expression>I'm sorry sir, would you like to place another bet?>nah that's it for me, can't wait to tell reddit about this
>>61325618This. Leverage should be treated like gambling where you risk <5% of your entire portfolio. If you're going to all in something you should be doing it on spot trades where its impossible to get completely liquidated
>>61325534It was in LINK, wasn't it?
>>61325874Nigger leverage is only useful for those who already made it who wants more but is playing it smart.Consider this. You have 7 million bucks. You put all of it in bonds. Bonds print you a fat 5% per year (350k). You divide that fat interest payout by 10-100. Use some of it for daily life, the rest is risk free gambling money.Anyone else that use leverage is completely retarded.
>>61325534You idiot, It went from 125k to 95k and you lost 160k.So what if it went from 125k to 150k you wanted to make a 160k USD?Do you know how long it takes to save 160k USD? In this economy sometimes a decade or more of 9-5ing, and you thought you could just make that in a quick btc pump.Remember there's no greek called profit.There is only beta. Up and downside volatility. If your portfolio cannot handle beta, you must reduce beta. Or else you will be beta(cuck)
>>61325534Yeah, I will never leverage trade. But chin up. You’ll be fine…sooner than you think. Get get it out of your system and move on.
>>61325534Fucking retard. You just had to hold Link and youd be a milliaijrie in like 2 years.
>>61327246Dont do this. Holding stink is only thing worse than leverage trading
>>61325534>>61325618this1 bitcoin always 1 bitcoinyou only loose imaginary fiat money when trading spot
>>61325534Broccoliheaded retard. Fr fr wipe my ass no cap.
>>61325534Go out with a bang and take out a CEO with you.Hell, buy some puts with loans so you can see green one last time
>>61325534my man
>>61325534The only ironclad rule of investing is "heads I win, tails I don't lose much". What the fuck are you doing?
>>61325534Loss 150k in lucent technologies.I m here
> he was in the piss snakeloollmaoo even
>>61326011actually if he bet the other way he would've actually make 160k USD just like that.
>>61325867
>>61325534>>61325547dont any of you idiots know what a stop loss is?
>>61327815nigga it always JUST hits the stop loss then poomps, everyone knows that.
>>61327834but if you dont have a stop loss it JUST hits your liquidation price then pumps.
>>61325728Yeah, That's why I always try to support people that lose it all. The despair is real. Like I didn't expect it to be like that. Your trade simply disappears. There is no warning, no advise, nothing. It just disappears. It really reminded me of death. I had a friend that had some rare sickness, he even went through an organ transplant. But even the doctor told him the probability of the transplant getting rejected was pretty high. But it had to be done. They did it. I visited in the hospital. He could talk. And a couple of days later, his family told me he had died. Disappeared. It was like that. Gone.It was very similar to death. Liquidation is death. Please, stay safe, anons.
>>61325547Dude I got liquidated, lost my job, my girlfriend left, and my dad got hit by a car all in one day
>>61327881It's just money. If it's not enough to retire on it's not that much in the first place.
>>61325867Kek
>>61325534*SNAP*
>>61325534I think you should seek therapy for your gambling addictionThis isn't fucking investing this is wallstreetbets tier shit
>>61325534And don't fucking kill yourself over money, it fucking comes and goesIt's fucking worthless in the end, a fucking piece of paper that isn't worth your life
>>61325534kekkk, thanks for playing. A poor fag is made everyday in the future of money.>>61325540no, he isn't making it, not with 160 defo not now. wage cage for him
>>61328262Crypto and fiat at the end of the day are just digits and paper.But silver is real money. It captures energy. It stores it better than anything else. It conducts it better than anything else. It can purify water. It’s actually amazing and worth something. That’s why it’s real money, unlike fiat and crypto.Stop buying crypto and AI stocks and buy silver, be comfy, and make frens.
>>61325534
>>61328259ThisThat is why the markets dont sob when 100m are liquidated in a day. Either know what you are doing, or you will get eaten by someone that does.>its muh life, muh life, muh lifeWell you really didnt manage it that well for being that important to you. I dont know a trader that lost over 2% this bear dump, it obviously wasn't that important to you. You threw in a gamble and lost.
>>61328277Why the fuck are you guys like vegans on every fucking thread bringing up your rocks? fuck off this topic has nothing to do with this>>61328563He should've just bought 100k worth of lottery tickets if he is going to be like this
No tears in the casino
But seriously why do tards keep using leverage despite exchanges obviously using everyone's coins to dump the price to liquidate them?There's literally zero consequences for them so they're going to keep doing it. Scamnance took it a little too far this past month by being 83% of bitcoin sells. Yes they're that greedy for that liquidity.
>>61325534I voted for this
Could someone please explain how this happens?WTF does somebody mean "they got liquidated" they just had 100% of their money in a coin that went to 0 over the course of a single day? WTF is happening, thanks.I invest only in leveraged ETFs and I try to go up 5% per week. I don't get how it could be possible to lose all your money.
>>61329575Look up leveraged trading, with it price movements are multiplied. Ask a fucking chatgpt you dingus.
>>61325534>1 post by this ID
>>61325534no stop loss? with 160k I'd expect a stop loss of 2-5% because you have at least 20 more trieswhy didn't you?
Exactly 1 year ago I had about the same amount as OP, except I never sold and believed and watched a slow painful death and now I barely have 3k to my name and I still hold the shitters that tanked 98%. You're lucky it happened swiftly. Get over it.
>>61325728I've lost 120k over the span of 3 years.Just one bad trade after another
>>61325534kek did you get leveraged in BTC?
>>61325728From $50k to only $1k.I lost everything on sh1tco1ns and by holding efferalmost never took profits but reinvested everything on more alts or sh1tco1s.I was a fucking d3gen throwing $2k and $5k and now i'm only spending 100 at random shit.I feel disgusted and don't know what to doI'm just unable to take money from elsewhere so If I lose my last $1k it's truly the end for me
>>61325547>Better days will come. They won't
>>61327834>>61327863KekI have to keep relearning this lesson. I set stop losses on 90% of things and then the 10% I don't go down 80%. Fucking clown market.
>>61329838based
>>61325534I lost 300k over Trump shenanigans between February and March this year. I felt exactly like you are feeling right now, shit sucks, but you have to carry on. New opportunities will come, don't despair and stay away from leverage trading - it's basically gambling in casino. It's addicting as hell and ruins your life like nothing else. Stay strony.
>>61329915the ledge beckons ye
Damn, bro. I play leverage with 100 - 200 bucks and get mad when I lost.It must really suck to be you.
Please, anons, stay safe. I wish we could use DMs, because I really wanna support people in a spiritual sense. It pains me seeing my anons suffering like this.
>>61325614He is literally liquidated and at zero. Why would he give af about BTC price? Moron
>>61330068Suck my cock you fucking piece of shit.
>>61325534How the fuck does that even happenYou must have done something fucking retarded
>>61329832Literally the same story as my entire crypto existence. Two shitcoins made me 10k each. I was back, I was finally level. And didn't take a profit. In the space of a day I went from 20k back to 2k and a week back to nothing
>>61325534>A fool and his money are soon parted
>>61325534Thanks for playing.Think about it this way. It’s numbers on a screen. Anyway. Play with fire, get burned. Many such cases. Take care of yourself, OP.
>>61327799not quite. as retarded as OP is he probably longed at 110k, was in profit at 120k, didnt sell and got liquidated at 100k.so if he had bet the other way he would have gotten liquidated at 120k instead.
>>61325867KINO
I’m truly sorry for your loss, OP. Learn from your mistakes. Move on. It will take a while. But there is light at the end of the tunnel.