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For your Own Safety: Do not Short Bitcoin or Ethereum, Over $200M Lost Each Day for Over 60.000 Traders

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by COINS NEWS 183 Views

To short Bitcoin or Ethereum, you need to be an extremely experienced trader.

For the past 10 days, over 60.000 traders have lost about over $200M each day, sometimes even close to a billion.

Some who have traded on extreme leverage (x125) have lost over $6000000 on a single trade shorting Ethereum or Bitcoin.

Do not short assests which hit all time high after all time high. Most people lose money doing this, not win

source for data source for data

submitted by /u/tfproblem
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