I do feel kinda bad for these tourists who got wiped because dexes are handing out leverage like candy these days. for the last year all I see on here are people on their knees blowing Hyperliquid exactly like they did with FTX
This is my worst day on earth financially. $700K got instant deleted.
Posting the loss here, and let it be a humbling reminder of the risk of leverages, even small ones.
Very devastating both mentally and financially. But not the end of the world. I am still in the game, and will continue to trade and post my research here.
Hang on there fellas, we will recover.
even if you're using the smallest amount of leverage, you're giving the exchange permission to liquidate your entire position on your behalf. the price has to wick down for just a single moment. you're not in control of your money anymore. don't use leverage.
SiDeLinEd?
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