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RE: How BitMex or Accounts on BitMex Liquidated ALT-BTC Longs on the Pump and then Liquidated BTC Longs on the Dump
A grimm reality. Investing in cryptocurrencies is a high risk endeavour. Potential high gains, but be sure to keep your head in the game.
Add to that margin trading and you've got a poker game where big money defines the rules of the game.
I'm kind of glad that Steem goes a bit unnoticed at the moment. Big whales could move it to a couple dollars in a day and then crash it the next day.
But it took the internet a decade or so from the dot com bubble to become mainstream. 2017 bitcoin had a bubble, who knows what 2027 will bring. What life will be like in 2030.
It might not be so bad after all 😊