That morning, social media was flooded with news that the 'Ethereum ETF had been approved'. My heart raced, and my mind immediately thought: 'This is a golden opportunity!'. Without hesitation, I went long on ETH x15, all-in with all my capital.
At first, the price rose a few percent, and the feeling of victory washed over me. But before I could enjoy it, the market turned and plummeted uncontrollably. It turned out... that news was fake.
Not placing a stop loss, I could only watch the screen turn red until the word 'Liquidated' appeared. My account evaporated, leaving only shock.
Lesson: Unverified news is the poison that kills Futures accounts the fastest.
$BTC $ETH
