In all seriousness I hope everyone is ok after yesterday’s historic liquidation cascade.Seems very likely to me that you know many people who lost a lot, and you yourself may be in that camp. My spot bags are wrecked atm, but I didn’t have any leverage (thankfully) and this sort of black swan contagion is why I recommend no more than 1% of your liquid port ever available to margin.Perp dex farming season added fuel to the fire (legendary+bcheque+modern market have been talking about smth like this happening ...

tbh only lost like 8% of my port today which actually doesn't seem that bad all things considered ...

Risk Management - Perpetual contracts (Perps) can lead to significant losses, potentially $10,000 in a single day [1] - Event contracts limit maximum loss to $1 per contract [1] Investment Strategy - The industry suggests careful consideration of risk exposure when choosing between Perps and event contracts [1]

It's really difficult to believe this is realThese numbers are ridiculous https://t.co/s3II8Ba6uo ...

KBM has now successfully called 14 of the last 1 shorts ...

Thank u Elon for giving me a stimulus package that could have bought the entire supply of ATOM on Binance a couple hours ago https://t.co/MnUAOovHIl ...

Spreads haven’t been this bad in like 7 years. I used manually arb shitcoins across Liqui/bittrex/nance for like 10% at a time.Those gaps closed years ago ...

But seriously which fund got carried out on a stretcher?This sort of thing doesn’t just happen and spreads are still blown out across a ton of automatic arb spotsUp to 16% spreads in some cases. That’s not normal when the market makers are healthy ...

Pretty sure you shove literally all you have into spot assets that took a 50-70% haircut as long as they aren’t complete and total dogshit btwIcoBeast.eth🦇🔊 (@beast_ico):Lmao fartcoin actually went under 10c wtfEasily the craziest day I’ve ever seen in crypto…and it came out of nowhere. Way bigger than the Covid crash. Most alts drew down 70-80% before some relief.Insanity. ...

Lmao fartcoin actually went under 10c wtfEasily the craziest day I’ve ever seen in crypto…and it came out of nowhere. Way bigger than the Covid crash. Most alts drew down 70-80% before some relief.Insanity. ...