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wiseadvicesumit
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$
ETH
closed 4 consecutive red months in a row for the FIRST TIME SINCE 2018.
Will May be a green month for ETH? ๐
#ETHย
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Is the 40x Hyperliquid whale going to liquidate today? ๐จ๐จ The whale has already closed some positions at a loss. But still his $280,402,857 $BTC long position is in a $4,650,635 loss. #Bitcoin is just $1,150 away from his liquidation price.
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$๐ฑ,๐ฌ๐ฌ๐ฌ,๐ฌ๐ฌ๐ฌ,๐ฌ๐ฌ๐ฌ ๐ช๐ข๐ฅ๐ง๐ ๐ข๐ ๐๐๐ค๐จ๐๐๐๐ง๐ฌ ๐๐ข๐ ๐๐ก๐ ๐ค๐ค #FTX will distribute $5b of stablecoins to creditors tomorrow. New liquidity is coming into the market, and it's always a positive thing for $BTC and #altcoins.
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๐๐ ๐ญ๐ฎ๐ซ๐ง๐๐ $๐๐๐,๐๐๐ ๐ข๐ง๐ญ๐จ $๐๐,๐๐๐,๐๐๐ ๐ข๐ง ๐ฃ๐ฎ๐ฌ๐ญ ๐๐ ๐๐๐ฒ๐ฌ ๐ค Then that $87 million turned into -$1,313,084. This is what the 40x Hyperliquid whale did. $87 million is generational wealth for 99% of crypto traders. And he made it in just over two months. But a few mistakes cost him everything. Here are some lessons from his story ๐ ๐ Never do revenge trading When his trades started going into loss, he opened even more positions to recover. That just made him lose faster. ๐ Take breaks when all your trades are going well. He got overconfident and overconfidence in trading usually leads to downfall. ๐ Donโt open huge positions publicly If other whales know your position, they can easily hunt your liquidation. ๐ Avoid using 40x or 50x leverage without high conviction The Hyperliquid whale kept switching between $BTC long and short. That shows low conviction โ and with high leverage, itโs a dangerous game. In crypto, itโs not just about making money. Itโs about keeping it.
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You get $1M, but you canโt touch it till 2030. Which altcoin are you going to buy?
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๐ฎ๐ณIndia's FIRST PUBLIC COMPANY, Jetking Infotrain, adopted the #Bitcoin strategy in December 2024. Since then, its share price is up 100% ๐ Today they also acquired 5.98 $BTC. Now they hold a total of 21 BTC acquired for ~$1.59 million. Jetking will also get the same first-mover advantage as MicroStrategy. I believe once there are clearer regulations and lower taxes, many more Indian companies will start to adopt the Bitcoin Strategy.
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