Whats happened to BTS on Friday?
And how you can win in the game when you can`t control situation and rules are changed constantly ?
So wtf just happened that Friday ?
Well after the news of closing CN exchanges chineese starts to dump BTS and other alts..
Stop orders trigered when we brokes 2000
When the price starts to fall, in order to protect your position you have to sell a bit
Example you opened long at 2800, your Luquidation price is 2350.
If you approach 2350 in order to protect you have to sell a bit so if you sell 10%
your new liquidation price would be 2050 for exemple ...
But on massive scale it just put`s Oil in the FIRE!!!
So people who went Long on Margin Trading and didn`t did this just was insta rekt by Margin Call illimination....
And we have olso people who saw opportunity to Short.
Win Back 62.5% in 3 Hours
Well people who shorted BTS starts to closed they SHORT positions by buying so the price moves up and of course this epic bull reversal......
Why p
I went long on BTS because i really believe in this project and get rekt around 75% of my capital.
Catastrophe on my BANKROL, i am mad it`s just destroy me my dreams and my plans.
This market is so manipulated by whales and Chinese , and i loss my hope on it.
Personally it`s remember me some sort of Casino, where only BANK ( whales ) win..
What do you think ?
Share it now.
