And THIS dip right now is why you never should trade crypto with leverage, not even 1:2...

Bitcoins all time high was 69k and it looks like we are going down to test 28k... so if you bought it all time high and leveraged 1:2, you might be liquidatet soon.

And i assume most people dont use 1:2, they might use a leverage of 3, 5 or even 8? (I dont count anything higher cause thats just pure gambling).

I hope we all learn after the next bear market, that crypto is investing, not gambling and also the sentiment needs to change, especially on exchanges. Binance looks more and more like a casino with all their specials and ads and they attract gamblers. I hope also, that this sub learns, we all learn, and we stop being arrogant and thinking about crypto being different than other assets.

What goes up, comes down. Live with it.