I have been telling anybody that would listen to me once the EIP Hard fork comes live the price of ETH would dip, significantly.
Buy the rumour, sell the news I thought.
I made my first (and last) foray into leveraged trading by shorting ETH with 10x leverage, needless to say I have been liquidated.
I think this proves perfectly you shouldn't listen to idiots on reddit who claim to be knowledgeable.
Etherium is going to be unstoppable, long term it will flip BTC. But what do i know?
Cheers
Edit - Appreciate the replies, and no I will not be using leverage again. I probably won't even short again as it's all so unpredictable.
Edit 2 - I have been at work and didn't check the markets all day. I never set a stop loss. I actually didn't even know the exact time of the Hard fork. Checking the charts I think I would've been up for a few hours ironically.
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