Betting on Evergrande FUD has rekted my trading account.

Yup, I went full leverage on my short position, anticipating a steep drop when China market open today. So far, my account has lost 80% of the initial investment. If BTC price hits 42569, my account will be liquidated.

Well, I guess no weak hands now..

Here's the livestream video, just started my day and its already so red. Gonna APE mode and hold. Youtube Livestream Replay

Advice: Don't be like me.

Advice: Do not think you are smarter than the market.

Advice: Do not use leverage.

Advice: Do not chase the news.

Advice: Keep calm and invest wisely.

This is not financial advice.

⭐️⭐️⭐️

Update (11:27AM GMT+8): A subtle resistance level is forming at 42349. Double-top is forming with a developed engulfing reversal candle. Are the reddit APEs holding the line for me? ????

Update (12:16PM GMT+8): Short-term RSI indicating diminishing buying momentum. I am going to have my lunch now, I hope I don't choke when I come back.

Update (1:18PM GMT+8): Short-term price action is at a stage of limbo, as Bollinger Band continue to squeeze tighter. The constant anxiety of liquidation is wrecking me before the market does.

Update (1:47PM GMT+8): China's central bank injects 120 billion yuan ($18.6 billion) into the banking system after concern over a debt crisis at Evergrande roiled global markets Twitter Source: Bloomberg Economics

Update (3:00PM GMT+8): Price retesting resistance level at 42349. If resistance does not hold, it will most likely touch my liquidation level. If it does hold, I believe it will go down towards 41800 (still red).

Final Update (3:44PM GMT+8): Officially got rekt. Closing livestream, and taking my mind off trading for the day. Peace out. Don't be like me.✌????