Confessions of a "Liquidist", both full position and leverage are fatal mistakes
1. Confessions of a Liquidator
On September 25, the overall digital currency market plummeted, and the confession of an investor who lost his position in the plunge has recently spread all over the Internet.
The target of this investor's operation is BSV. Some time ago, when BSV rose rapidly and stood at $236, he chose all BSV and increased the leverage by 3 times to open long positions. He experienced a short-term profit during the period, but he did not stop the profit. As a result, BSV fell all the way, and he did not stop the loss. Instead, he chose to continue to increase the margin, and even filled in the baby's new year's money and the money for building a house.
On July 15, BSV plummeted to $103, and his margin resisted, but on September 25, BSV fell to $60, and he was no longer able to keep his position. In this plunge, the investor lost a total of more than 1 million yuan.
The most ironic thing is that this investor has always advised others not to touch leverage, but he couldn't help tempting himself to increase leverage when the market was good, and finally came to this point.
There are only two key words in this confession: "all" and "leverage". Either of these two is poison, and it may give people a taste of sweetness for a short time, but in the end, it will definitely eat back at yourself.
Being able to invest 1 million RMB into the currency circle is no longer an ordinary investor. If he does not use full positions and leverage, he will not lose money like this no matter how he operates.
2. 246 super large traders liquidated their positions at 925
According to data, within 24 hours of the fall in the early morning of September 25, a total of 6.6 billion yuan was liquidated in the digital currency market, including mainstream currency contract accounts such as Bitcoin, Litecoin, and EOS.
Among them, 246 super-big account holders liquidated their bitcoin accounts, with a maximum amount of RMB 70 million. And there are countless small and medium investors who have liquidated their positions.
3. Survive to have the last laugh
Only by surviving in the investment market can we finally win, and only by surviving can we be the final winner. This is an old saying we all talk about. But history repeats itself time and time again.
in my opinion,
in my opinion,There is never a shortage of opportunities in the investment market, and there is no such thing as "the opportunity cannot be missed, and the opportunity will never come again".
Investors in the market have various understandings of the market, and there are also various investment methods.An opportunity that seems to me a godsend may be a trap that other investors can't avoid.
Therefore, any investor should not seize every opportunity in this market, but should seize his own opportunities.
The lucky ones may be able to earn their own pot of gold as soon as they enter the market, while more investors have to stand the test of time and patience, and only after a long time in the market can they find their own opportunities.
This is to live long enough in the market and survive long enough. To do this, you don't have to do everything right, just don't make fatal mistakes.
And full position and leverage are fatal mistakes.
