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My Story when I get Liquidated on Binance.
80 sats \ 6 comments \ @GreyRamada 15 Oct crypto
Hei, I am just want to share my sad story about my Crypto journey. I know people will judge me but it's OK.
When market on 10/10 at 5.21am my all Assets just get liquidated by Big Exchange Binance. my Collateral just wiped out because I am borrowing money from it.
Total asset lost is around $16k, That's HUGE for me. it's all my money I have, I am cry and sad. my feeling is so hurt because I shame to my wife and my 3 children.
My mistakes is leverage my position my borrowing position, please don't be like me.
again if you want to buy assets specially on crypto, use your Free money and just Buy on Spot and HOLD. don't be like me.
a lot learn on this journey. hope you guys get something on this.
regardless me.
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10 sats \ 0 replies \ @TheBTCManual 15 Oct
Rekucation is part of the journey for some, for me it was leaving funds on an exchange and got hacked, hopefully you learn from it and act accordingly! good luck rebuilding your stack
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10 sats \ 1 reply \ @grayruby 15 Oct
First problem is buying anything except Bitcoin. Second problem is trying to trade and using leverage.
Earn money through productive efforts and ventures and sweep the excess into bitcoin. There is no fast track.
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40 sats \ 0 replies \ @GreyRamada OP 15 Oct
Ya I know, that's my mistake. I am not doing that again. Thanks for remind me. now I am focus on my things and keep stacking the sats. Thanks again.
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0 sats \ 0 replies \ @035736735e 15 Oct outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
10 sats \ 1 reply \ @nolem 15 Oct
deleted by author
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21 sats \ 0 replies \ @GreyRamada OP 15 Oct
Ya I will, learn from it and never touch Leverage on my trade. Now I am focus on stacking my sats and enjoy little bit my life.
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