Phishing Scam Attacked Trezor, How Much Can You Save By Setting A Stop/Loss At Bitmex? (Video)

Hey guys, new week in the crypto world and as always more news. Lets begin with a phishing scam that attacked Trezor yesterday. If you own a Trezor you likely got an email from them yesterday warning about this particular scam:

Comment: This means that you should be very careful and look for the padlock that you can see here om Steemit, it should say secure:

So, be very careful and read this whole message from Trezor before you enter your Trezor wallet next time.

Here is the link to the announcement: https://blog.trezor.io/psa-phishing-alert-fake-trezor-wallet-website-3bcfdfc3eced

In other news, if you are trading at Bitmex you are very well aware of the liquidation procedures which means that you could lose everything that you risk in every single trade but what most people probably are not aware of is the huge difference between setting a stop loss right above the liquidation price campared to no stop/loss. Here is a calculation:

Comment: So, in this example using 100% leverage your cost will be 0.07 BTC with the stop/loss but if you will get liquidated your loss will be 0.18 BTC. That is a huge difference and it is definately worth setting this stop/loss every time just above the liquidation price and you will always be notified what the liquidation price will be before you accept the trade.

Link: https://twitter.com/BambouClub/status/1013415345191866368

Here is an interesting tweet:

Link: https://twitter.com/Excellion/status/1013732762405228545

Comment: This guy made a calculation of all the fiat in the world, not sure if this is only paper money but anyways, if Bitcoin were to be take over this whole pie, we should have a Bitcoin price of $223000 and if we count all the M3 money in the world, the Bitcoin price should be an astonishing $5 Million. We are not there yet, but it is always good to know about the potential.

Watch the video for more news, Im leaving some stuff out of the blog post.

Happy crypto investing!