#Bitcoin — RUGGED AGAIN!! Keep in mind, a -10% drop destroy…

Twetch · August 19, 2022

#Bitcoin — RUGGED AGAIN!! Keep in mind, a -10% drop destroys all alt coins + ALL leveraged longs.

Exchanges offer 1-1000x leverage. a 100x position is liquidated on a -1% drop; 10x leverage liquidated on -10%. You're offered 1-1000x: what do you think these degenerates choose?