Good deeds in the cryptocurrency world: A high-leverage ETH with a 50,000 margin was successfully unwound overnight!
A stranger left a comment in the section of my post from yesterday at 6 PM, saying he was stuck after shorting ETH. I asked him about his entry point and position, and he mentioned a margin of 50,000. At that time, ETH was only fluctuating by more than 10 points, so I guessed he must have been playing quite big.
After chatting, I quietly helped him keep an eye on the market. Two hours later, when ETH was around 2016, I left him a message suggesting he set his breakeven price and get some sleep.
After he unwound his position successfully, he quietly followed me back. Wouldn't it have been nice to follow earlier? At this moment, ETH is already close to 2050! Many people really cannot adapt to the current high-frequency pace of the cryptocurrency market. Just like a nouveau riche from the real estate boom, slowly the money you previously earned will be returned to the market.
Follow me, at least it can help you lose less!