There are also leveraged plays in small markets, and you must do it one position at a time. At that time, there was a girl in that market, and her entire fortune of over 60,000 U was wiped out by a single spike with three times leverage. I remember it seemed like it happened when Bitcoin was at 26,000, directly getting liquidated in a setup, taking down hundreds of people along with her, and then some people consoled the guy who set it up. That spike was 120%, and whether or not you set a stop loss, it was completely wiped out. Avoid small markets to some extent; after getting cut, you still have to comfort others—commercial PUA~

Heard that there are issues with contracts again? I do not recommend anyone who follows me to play high-leverage contracts. If someone tells you they can make money trading contracts consistently, they are a deity~

I have seen many cases where people took your funds to create counterfeit liquidity. This circle is very small. I know someone who launched a project at a certain place and initially reported some points on Weibo, very accurately bringing in some people to earn a little money. As their reputation grew, the group got bigger, and in the end, they were completely taken advantage of. There are so many such cases...

In addition, there are teams that specifically work on rebate accounts. The blockchain MeMe is also already a complete industrial chain. The world is full of personal connections and incidents. Some traders dealing with small caps are best not to engage with them; small caps are not as wealthy as everyone thinks. A market fluctuation of a few thousand U or a few hundred U can lead to market makers taking losses. Otherwise, there wouldn’t be anyone selling shells. Some small projects suffer daily losses of thousands to eight thousands U, which is painful, but there are also some people using counterfeit rebate accounts to encourage you to gamble frequently. Frequent gambling will surely lead to losses~

Small caps often resemble a rural mahjong table, where people fight over 10 or 20 yuan, causing injuries. Bet less and do not fall for commercial PUA. I have also seen some experts, but they rarely open positions, very rarely.

$BTC $ETH $BNB #btc #eth #bnb