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RE: Crypto Correction Is The Buy Opportunity Everyone’s Waiting For? - Shaka Daniel Interview
Lost everything bc of Margin Trade before the Dip :( Guys, NEVER Margin Trade.. Or at least with at most 10% of your portfolio. Not 50%. If you trade more, you have to add more to your position or you'll loose. And if you do add more and it the price goes even down more, you lost that game.
Damn. That really sucks, sorry to hear that. I remember during the push up to 90 eth margin traders at one exchange got blown the hell up because they were locked out of trading the entire move down to 50. Really shitty to see. Crazy how many margin traders there were in Korea and are in Japan, wonder what the stats look like for how many got margin called. I don't remember the account name but there's a twitter account that tracks accounts getting blown up at just one exchange, and that timeline was something else to behold.