Wipe out on crypto vs wipe out on stock market?

[sana54210]

I would say wipe out in stock market could be even worse because you can be in debt in stock market versus only can trade with your money in crypto. Obviously you could still get a loan or whatever and trade in crypto as well and lose almost everything (unless there is a scam, you won't lose it all) but the fact is, you still have to put the money in and deal with that money and nothing more.

In robinhood and other places like that, you could leverage your position so high and you could just have a big credit there and while having only $20k in your account you could end up with $200k debt suddenly because you overleveraged your position. This is why I believe crypto has one big deal, it is not really like the others because we are only dealing with the money we have.

[Yatsan]

That YOLO line should be more on a reality, because you also grow old (YAGO) so if you didn’t prepare for it, you might live a miserable old life.

We make mistakes and we correct it after that, you might got wiped out on every market but there’s no reason to give up because every market will always go up and down, its just a matter of time. Know where you are heading, you can also enjoy while taking that journey.

Exactly. We must learn from the mistakes and failure that we experience in our lives and do not let such things to happen all over again without learning. Yes, we do really live once but it is also get into the reality that as long as we live, we must grow into learning how to cope up with such failures and turn those into lesson how we must deal into certain scenarios once it happens once again.

It is indeed normal that we will be wiped out on crypto and stock market but that must be on the first try for we might be not that familiar with it that's why we are vulnerable to be wiped out. But better think of it, if you always experience such thing of being wiped out, then something must not be right so you must keep up to correct such mistakes to lessen the chances of failing and to avoid being wiped out whether on crypto or stock market.

[CarnagexD]

I would say wipe out in stock market could be even worse because you can be in debt in stock market versus only can trade with your money in crypto. Obviously you could still get a loan or whatever and trade in crypto as well and lose almost everything (unless there is a scam, you won't lose it all) but the fact is, you still have to put the money in and deal with that money and nothing more.

I agree on this one, some companies offering stock have this so called collateral as their traders can trade with margins. Unlike in crypto that you, yourself are the only owner of your asset BUT, here is the but, the risk is way higher than trading in stocks. On top of that is the scams that is scattered every where, malicious links and lots of errors to learned with. In short Stock market is a zoo while Crypto is a jungle. Which is better? NONE if you know what you're doing.

[Broly46]

I would say wipe out in stock market could be even worse because you can be in debt in stock market versus only can trade with your money in crypto. Obviously you could still get a loan or whatever and trade in crypto as well and lose almost everything (unless there is a scam, you won't lose it all) but the fact is, you still have to put the money in and deal with that money and nothing more.

In robinhood and other places like that, you could leverage your position so high and you could just have a big credit there and while having only $20k in your account you could end up with $200k debt suddenly because you overleveraged your position. This is why I believe crypto has one big deal, it is not really like the others because we are only dealing with the money we have.

Seriously people tend to forget everything from the past, the 2008 is not a distance memory, yet they tend to optimistic market won’t crash like 2008 again, I had no idea what can they to gain from the shills, yup 2008 is so terrible, the market crash destroy life, family and leading to mass suicide, everybody can shill when market boom, everybody turn silent when market bust, they’re unable to speak because they’ve already kys.

[Broly46]

Bunch of my old friends called me and invite me to invest recently, I can’t believe it, I will reject them, I hate investment whenever I heard the words invest my heart begun to race and my mood then absolutely bad, it’s sick, gambling and crash market, gullible friends gonna loss a fortune, nope I won’t stop this idiot who want to invest and reject their invitation. It’s legalise gambling, scam and crash and burn.

[exstasie]

I would say wipe out in stock market could be even worse because you can be in debt in stock market versus only can trade with your money in crypto.

No, the same rules apply in both markets. A big chunk of the BTC market is leveraged trading where traders use collateral to borrow additional capital. I'm not just talking about derivatives like Bitmex swaps either. The major spot exchanges like Bitfinex, Kraken, and even Coinbase Pro all offer margin trading to their customers.

Crypto markets are notoriously thinner, with much smaller bid sides than stock markets. That means they crash harder. That's why BTC crashed 63% this past February-March but the S&P 500 only crashed 35%.

[Dragonfund]

What if a person get wipe out on crypto

Vs a person get wipe out on robin hood app?

Example: many get wipe out on ethereum flash crashes, and many get wipe out on Robin Hood trading the hottest stock of the century.

One can keep their crypto the other may get wipe out and force sell because of margin requirement.

I think crypto is superior because the latter person still can keep the crypto in their wallet, while the former person get wipe out and left with debt worth of a student loan.

Btw everybody only YOLO, because nobody can buy back his life and revive when they get wasted just like in GTA5, you die IRL that’s a permadeath, no revive, no buy back, no second life. Crypto or stock market? Choose wisely.

We should make a constructive criticism, not because we all want Decentralized system but for fair reasons , for every Merit, there is also Demrit. Flash crash in stock market is something we can see most of the time in cryptocurrency. When stock market plunge with 8%, they consider it as plunge because they don't often see volatility in stock. However, in cryptocurrency, I have seen a - 30% within a day in cryptocurrency and it always survived which has been a norm in here. It's all ceteris paribus.

The last crazy margin call that was symbolic was pandemic, I can't forget, that's why my size has never go beyond 10%vto avoid unnecessary margin calls that isn't healthy to your fund.

[Broly46]

What if a person get wipe out on crypto

Vs a person get wipe out on robin hood app?

Example: many get wipe out on ethereum flash crashes, and many get wipe out on Robin Hood trading the hottest stock of the century.

One can keep their crypto the other may get wipe out and force sell because of margin requirement.

I think crypto is superior because the latter person still can keep the crypto in their wallet, while the former person get wipe out and left with debt worth of a student loan.

Btw everybody only YOLO, because nobody can buy back his life and revive when they get wasted just like in GTA5, you die IRL that’s a permadeath, no revive, no buy back, no second life. Crypto or stock market? Choose wisely.

We should make a constructive criticism, not because we all want Decentralized system but for fair reasons , for every Merit, there is also Demrit. Flash crash in stock market is something we can see most of the time in cryptocurrency. When stock market plunge with 8%, they consider it as plunge because they don't often see volatility in stock. However, in cryptocurrency, I have seen a - 30% within a day in cryptocurrency and it always survived which has been a norm in here. It's all ceteris paribus.

The last crazy margin call that was symbolic was pandemic, I can't forget, that's why my size has never go beyond 10%vto avoid unnecessary margin calls that isn't healthy to your fund.

In my opinion the only thing in stock market is hateful, apart from that nothing else, not only it’s deceiving, with so many blue chips to pick from to bet your money, also the dump is imminent, in crypto, you have only one bitcoin to bet on, can’t you pick a wrong choice in blue chips, but you absolute can only pick one bitcoin, the win rate is either 100% or 0%, yup bitcoin dump to -99%, however in blue chip, whatever you pick the blue chip, the odds will goes against you, 100% whatever you bet on wil loss, and 100% whatever you don’t bet on will pump to the moon, because you’re all lousy gamblers on stock market, and bitcoin make it so easy you can only pick one, either 100% win or 0%.

[worldofcoins]

No matter which platform you chose for investing, you won't lose your money until you sell it in panic.
Bitcoin and stock both are different. We can not compare it, but bitcoin has more power than stock.
I tried both, but bitcoin satisfies me more than any other platform.
Stock only gives you benefit whenever something occurs in our economy, it's controllable, and the government is handling it.
While bitcoin didn't require anything its decentralize, which containing their own power

[slapper]

What if a person get wipe out on crypto

Vs a person get wipe out on robin hood app?

Example: many get wipe out on ethereum flash crashes, and many get wipe out on Robin Hood trading the hottest stock of the century.

One can keep their crypto the other may get wipe out and force sell because of margin requirement.

I think crypto is superior because the latter person still can keep the crypto in their wallet, while the former person get wipe out and left with debt worth of a student loan.

Btw everybody only YOLO, because nobody can buy back his life and revive when they get wasted just like in GTA5, you die IRL that’s a permadeath, no revive, no buy back, no second life. Crypto or stock market? Choose wisely.

There are many forms of trading but after all, trading is trading. If you can use margin trade in the stock market, you can also use margin trade with cryptocurrencies. Binance, coinbase, etc provides such type of trading for their customers. If a person loves margin to trade in the stock market, definitely he will choose to use leverage in bitcoin exchange. I think that your question muse be "Wipeout on tradition trade vs wipe out on margin trade"

Personally, losing money is losing money. When you participate in any kind of financial market, you have to be aware of the risks involving. You should not trade with no knowledge and experience. Losing money is not comfortable at all and it will make you regret