Oshosondy (OP)
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Activity: 1960
Merit: 1357
Gamble responsibly
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October 14, 2025, 11:15:24 AM |
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Bitcoin can not be blamed but people using high leverage should blamed themselves. That was not the first time something like that happened, it has happened several times but some people are greedy traders and they will still continue to lose despite that they have seen something like that before.
Some altcoins are good but 99% of altcoins are shit coins and they are highly volatile and it can be the cause of the liquidation or the coins may not rise again after falling. Some people used high leverage with altcoins. Very bad.
Be patient, use low leverage or just do not trade because trading is very risky.
Do not blame bitcoin but blame altcoins, trading and yourself.
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Gozie51
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October 14, 2025, 12:54:47 PM |
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Actually, some high profile traders claim that some exchanges manipulated some of the options on that day causing them to lose heavily. But whatever is the allegation, factual or not, my advise for traders is not to be greedy with high leverage in their market. The crypto market is a highly volatile one and taking it gently is better than increasing risk appetite. The dangerous thing about increasing risk is that if something like crash happens like it did on 10th this month, it takes a high leverage account faster before the low leverage account with adequate funds, maybe you could savage it mess on time. https://www.binance.com/en/square/post/30869330255130
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Roseline492
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October 14, 2025, 01:43:42 PM |
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Actually, some high profile traders claim that some exchanges manipulated some of the options on that day causing them to lose heavily. But whatever is the allegation, factual or not, my advise for traders is not to be greedy with high leverage in their market. The crypto market is a highly volatile one and taking it gently is better than increasing risk appetite. The dangerous thing about increasing risk is that if something like crash happens like it did on 10th this month, it takes a high leverage account faster before the low leverage account with adequate funds, maybe you could savage it mess on time. https://www.binance.com/en/square/post/30869330255130Those people might only be trying to accused those exchange for there fall, what happened was even too much for any exchange to anticipated advantage on traders, all the traders who were trading while it happens will also get the same hit so if they all blame the exchange it will look as if the exchanges are the cause of it, it was a general crisis for those traders and besides a lot of them are blaming so many things including the whales for selling too much but they did not also think about what they have done on there part because if some of them weren't too ambitious of high profit they would have only lost fewer percentage.
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OcTradism
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October 14, 2025, 02:14:36 PM |
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Bitcoin can not be blamed but people using high leverage should blamed themselves. That was not the first time something like that happened, it has happened several times but some people are greedy traders and they will still continue to lose despite that they have seen something like that before.
Some altcoins are good but 99% of altcoins are shit coins and they are highly volatile and it can be the cause of the liquidation or the coins may not rise again after falling. Some people used high leverage with altcoins. Very bad.
It's their right for free speech to blame their losses on Bitcoin or on Trump but they did many bad things that converged with each other and caused their big losses. Choosing altcoins is bad. Using leverages is bad. Trading with margin or future is bad. They did many bad things and it's unrealistic to expect good ending. They ignored risk from altcoins while even stable coins which in theory are safest altcoins still have high risk of depegs. Stable coins: a deep dive into valuation and depegging.
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ultrloa
Legendary
Offline
Activity: 3206
Merit: 1385
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October 14, 2025, 02:17:59 PM |
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Actually, some high profile traders claim that some exchanges manipulated some of the options on that day causing them to lose heavily. But whatever is the allegation, factual or not, my advise for traders is not to be greedy with high leverage in their market. The crypto market is a highly volatile one and taking it gently is better than increasing risk appetite. The dangerous thing about increasing risk is that if something like crash happens like it did on 10th this month, it takes a high leverage account faster before the low leverage account with adequate funds, maybe you could savage it mess on time. https://www.binance.com/en/square/post/30869330255130Those people might only be trying to accused those exchange for there fall, what happened was even too much for any exchange to anticipated advantage on traders, all the traders who were trading while it happens will also get the same hit so if they all blame the exchange it will look as if the exchanges are the cause of it, it was a general crisis for those traders and besides a lot of them are blaming so many things including the whales for selling too much but they did not also think about what they have done on there part because if some of them weren't too ambitious of high profit they would have only lost fewer percentage. Maybe they got surprise how fast those bad situation happen and bad market movement cost them some huge loss. That's why they think about that they are been rugged by exchange for those situation happened. But actually they cannot blame those losses to the platform since this is somehow natural occurrence on the market especially if they are not paying much attention on their trades. That situation on where lots of trader got liquidated is another great reminder that they should never play around and always pay attention on their position. Many people lose lots of money for many times that Bitcoin experience some dumps for past few days.
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reagansimms
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October 14, 2025, 02:23:30 PM |
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Bitcoin can not be blamed but people using high leverage should blamed themselves. That was not the first time something like that happened, it has happened several times but some people are greedy traders and they will still continue to lose despite that they have seen something like that before.
Traders should blame themselves for the lack of discipline and proper risk management in trading, such as in the case of trading using high leverage. In fact, using high leverage can increase potential profits, but it also increases the risk of loss. Losses experienced by traders are usually caused by being too greedy and not having discipline in managing risks, which can result in significant losses. I think traders like this never learn from their own experiences or the experiences of others around them, so they keep repeating the same mistakes. Some altcoins are good but 99% of altcoins are shit coins and they are highly volatile and it can be the cause of the liquidation or the coins may not rise again after falling. Some people used high leverage with altcoins. Very bad.
Finding good Altcoins is hard, it's like looking for coins in the mud, so using high leverage on volatile altcoins can be very risky and can potentially lead to liquidation, Be careful with Altcoins because most of them are junk which has high risk and can cause big losses. Do not blame bitcoin but blame altcoins, trading and yourself.
Bitcoin is not to blame at all, it is just a medium that can help improve Finance (if lucky), but if the situation is different, then the first party to blame is yourself.
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Gozie51
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October 14, 2025, 04:02:14 PM |
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Actually, some high profile traders claim that some exchanges manipulated some of the options on that day causing them to lose heavily. But whatever is the allegation, factual or not, my advise for traders is not to be greedy with high leverage in their market. The crypto market is a highly volatile one and taking it gently is better than increasing risk appetite. The dangerous thing about increasing risk is that if something like crash happens like it did on 10th this month, it takes a high leverage account faster before the low leverage account with adequate funds, maybe you could savage it mess on time. https://www.binance.com/en/square/post/30869330255130Those people might only be trying to accused those exchange for there fall, what happened was even too much for any exchange to anticipated advantage on traders, all the traders who were trading while it happens will also get the same hit so if they all blame the exchange it will look as if the exchanges are the cause of it, it was a general crisis for those traders and besides a lot of them are blaming so many things including the whales for selling too much but they did not also think about what they have done on there part because if some of them weren't too ambitious of high profit they would have only lost fewer percentage. Exactly the point. No trader should cry wolf when they have taken too much risk and perhaps didn't protect themselves. I believe that there is a kind of volatility that can within a twinkling of an eye distrupt everything going on in a trade when you are active. More importantly is that we need to also understand that crypto trading is different from forex trading regards to the daily news release. In crypto trading, there is no daily release of news but that exist in forex trading which forms the fundamentals, so you can actually shut down your trade before the news hits the market if you don't want to trade that particular news. For example, if you don't want to trade non farm payroll or unemployment rate, you can just let it go for that moment but crypto news is hardly public or directional.
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Zigabel
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October 14, 2025, 05:10:46 PM |
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Bitcoin can not be blamed but people using high leverage should blamed themselves. That was not the first time something like that happened, it has happened several times but some people are greedy traders and they will still continue to lose despite that they have seen something like that before.
Some altcoins are good but 99% of altcoins are shit coins and they are highly volatile and it can be the cause of the liquidation or the coins may not rise again after falling. Some people used high leverage with altcoins. Very bad.
Be patient, use low leverage or just do not trade because trading is very risky.
Do not blame bitcoin but blame altcoins, trading and yourself.
Understanding the concept of leverage is what most Traders don't pay attention to both in crypto and even in currency and commodity trading, and that is why you see that they cry so hard when things like happen to them. it ha and will always be said here that Bitcoin is the most stable coin you can always think of if you ever want to invest in crypto as all other alt coins may just be some gamble but because of the volatility, some persons think they can be really smart enough to take advantage of such when they see but forgetting that as much as it can be of serious advantage, it can also has its down sides that can be really disastrous when it strikes. this like you said has happened before only that many still refused to take not and understand that History will repeat itself and so they have to be mindful when leveraging, maybe others will learn form this in case of next time.
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Aanuoluwatofunmi
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October 14, 2025, 06:05:24 PM |
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10/10 2025 will be a memorable day in the life of some traders and at the same time, some will be er wanted to be reminded of this same day because of the loss they had been through, when the market falls like this, not everyone gets affected negatively, some are into profits as we see on how some got into serious loss, which reminds of of what we ought never to forget right from time, that in trading, don't take a risk you can't afford to lose.
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Awaklara
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October 14, 2025, 06:05:38 PM |
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Bitcoin can not be blamed but people using high leverage should blamed themselves. That was not the first time something like that happened, it has happened several times but some people are greedy traders and they will still continue to lose despite that they have seen something like that before.
Besides being greedy, those who complain, I think, are too confident in their analysis. Meanwhile, they do not anticipate the worst possible outcomes. They are unprepared for what happens; some will surely panic and get angry. Others will curse themselves for forgetting not to be greedy. Success in previous trades increases confidence, making them believe that the market will still move according to their predictions. We must realize that mistakes causing losses in trading are our own. There is no need to blame others, even when we use signals from other people.
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aoluain
Legendary
Offline
Activity: 2772
Merit: 1535
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October 14, 2025, 06:52:11 PM |
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oh man leveraged trading is real gambling. I guess a lot of people are following certain social media channels tutoring on how to do it with 100x + leverage. I think 3x is risky particularly without trading experience.
You gotta be mindful of the "wick"! the market might only go to $110k but its the wick down to $108k which kills even more leveraged trades.
Those who get liquidated can indeed only blame themselves but these types of trades will continue in the hopes of making it big.
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| | | THE ULTIMATE CRYPTO ...CASINO & SPORTSBOOK... ───── ♠ ♥ ♣ ♦ ───── | | | ▄▄██▄▄ ▄▄████████▄▄ ▄██████████████▄ ████████████████ ████████████████ ████████████████ ▀██████████████▀ ▀██████████▀ ▀████▀
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► | .....INSTANT..... WITHDRAWALS ...UP TO 30%... LOSSBACK | │ |
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programmer3666
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October 14, 2025, 06:59:58 PM |
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look bitcoin itself is not the problem at all!! i think the main issue is the fact that traders are just using too much leverage and trying to make quick profits, especially with altcoins that move up and down very fast like a high school swing!! most altcoins are risky and can crash badly so trading them with high leverage almost always kind of ends in losses. it is the same thing over and over again!!! greed makes people take big risks and then they get liquidated when the market just have a surprising downward trend!!! the truth is trading is already very risky to begin with and adding leverage only makes it worse so if someone really wants to trade then they should be patient, use small leverage or even better they should try to focus on long term holding instead of chasing fast money! risk management and selfcontrol are the only ways to last in this crypto market else people will just keep blowing their portfolios in every circle.
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Byebyebtc
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October 14, 2025, 07:32:27 PM |
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This liquidation caused a lot of havoc in the crypto space, i heard a dude took his life in his Lamborghini and some other suicide attempts, a man cant just take his life like that if he made an affordable risk, but the overconfidence that bitcoin has inputted in individuals has made them use high leverage risking very high, but as a forex or crypto trader you should know by now that your not the one controlling the market, you are there to make use of opportunities and take money from the market, but the way some traders risk is just like they are the one controlling the market and know every movements that it will make which is not right This should be a lesson to traders to risk an affordable amount and stop risking like your the one controlling the market.
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EL MOHA
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October 14, 2025, 07:37:23 PM |
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Be patient, use low leverage or just do not trade because trading is very risky.
Do not blame bitcoin but blame altcoins, trading and yourself.
I have repeatedly said this that Altcoins are never a go to for high leverage and anyone doing that is simply gambling because even if you’re holding them on spot you’re obviously gambling because it has tendency of actually going to zero. So for me I think it is wrong for anyone to even blame the Altcoins too, just like bitcoin they actually have no hand in anyone getting rekted, they actually have shown that they are a volatile coin and trading them is actually at the traders risk so why blame them for the loss which they had actually promised will happen. One of the major reasons why people get liquidated is not even using high leverage or trading volatile coins alone but because of lack of proper risk management, many of this traders that got liquidated weren’t having a stop loss on their trades and this should be the main basics every trader needs to know and implement, many people who had stop loss placed properly in the trades simply got stop loss trigger notification and not that of liquidation but most traders were too greedy to include one and it is the reason why most got their money wiped out
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