Not 100% clear this is not just a fabricated sob story fishing for donations but it is pretty high quality /r/wsb style loss porn and these liquidations happen pretty regularly, sadly. Every time I think about trading these stories remind me it's much safer and less stressful to mine fiat for bitcoin.
Agreed. I think one thing I would recommend to people to learn this the "hard way" but for cheap is open their Breez, go to Apps, open Kollider, open & fund highly leveraged position (e.g. 50x) with e.g. 1000 sats and see the money disappear. Or maybe not :) I guess it depends on personality.
reply