So many liquidations lately with Bitcoin dropping like crazy. If you're trading futures, it's all a gamble. I saw a user sharing a poetic take on trading losses and the x25 position stood out as a total disaster waiting to happen.
25x use is just too risky. Anyone who opened a long position at over $119,000 for Bitcoin is probably rekt right now. I stick to 5x max, way safer. Crazy to think people are trading millions with high use. I'd never do that.
That was a bold move using 25x use... Guess they thought it would go up, but it tanked hard instead. I’d definitely pick spot trading if I had millions. Why take unnecessary risks with use?
Brave? More like reckless. Using 25x puts your money in serious jeopardy. You may get lucky once or twice, but in the long run, you'll likely lose more than you gain. Trading isn’t a game of chance.
Not everyone is losing with high use, though. Remember that thread I started about traders holding positions for weeks? Some manage to avoid liquidation by using lower use or topping up their accounts.
I actually use 100x use as my default. I’ll throw in $10 to act like $1,000. It’s all about the margin you’re using to trade. Gotta keep it clear for everyone on this forum.
For the average trader, it's mostly luck and a bit of gambling. But for the pros, with capital and trading bots, it's about skill. HODLing Bitcoin is still the best strategy for most of us.
Absolutely agree, 25x is way too high. It’s like playing roulette. People think more use means quicker profits, but they just end up hitting liquidation so fast.
Sure, we can all agree that 25x is excessive, but some folks still profit off that. They might have small accounts and feel confident in their analysis, so who knows?
To gauge if it’s too high or low, one needs to consider the position size and available margin. Those who risk it all to open an order won’t last long.
Here's a pro tip: you can use 25x or even 100x without risking all your capital. Keep most of it idle and trade with a small percentage. That way, you can handle price fluctuations without panic.
Remember JamesWynn? He was all about that x40 use. Worked for a while, but then he lost big. He’s gone silent now. Just goes to show that high use is often a ticking time bomb.
Bitcoin has dropped a lot recently and many are facing liquidation. High use feels like gambling and it usually is. Predicting the market just adds to the chaos.
It might work out if you’re super lucky, but generally, you’ll wipe out quickly. Normal market swings can obliterate you. Better off at a casino, honestly.
Using a 25x position is a wild ride. If I use $1000 and open a position like that, a 4% move can liquidate me real quick. But if you only use a fraction of your balance, you can play smart with your risk.