Viewing a response to: @hodlcommunity/re-ew-and-patterns-2021423t14953817z
No, but we just had a more than 20% drop 64900 -> 47500. Everyone using more than 5x leverage near the highs is now liquidated (if they did not close the position early enough). The daytraders usually use something like 5x-50x leverage. And the liquidation already starts when you are using 85-90% of your avbailable margin (depending on the platform you trade). So I don't need any metric to tell you that alot of daytraders got rekt hard. Even harder in altcoins... you just need simple math and a good understanding of how leveraged trading works.
author | ew-and-patterns |
---|---|
permlink | re-hodlcommunity-qs0wrm |
category | hive-126009 |
json_metadata | {"tags":["hive-126009"],"app":"peakd/2021.04.2"} |
created | 2021-04-23 15:38:15 |
last_update | 2021-04-23 15:38:15 |
depth | 2 |
children | 0 |
last_payout | 2021-04-30 15:38:15 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 551 |
author_reputation | 138,703,829,387,626 |
root_title | "Quick BTC update 23.04.2021" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 103,236,028 |
net_rshares | 0 |