In the Past 24 Hours: 181,071 Traders Were Liquidated, Totaling $370.5M in Losses

While Trump of course doesn’t get any critique because of it, it has made people more bearish on crypto I think. There is still a lot of optimism due to him being in office, but his shenanigans have had very negative effects on the market.

Comment by DMarvelous4L at 01/02/2025 at 23:57 UTC

16 upvotes, 1 direct replies

I’ve been buying all the dips, but at this point I have no hope in the epic alt season that was foretold for this year.

Comment by DBRiMatt at 01/02/2025 at 23:20 UTC

9 upvotes, 0 direct replies

Just another day in crypto!

Comment by CriticalCobraz at 01/02/2025 at 23:42 UTC

18 upvotes, 2 direct replies

Don't do leverage trading, mkaay?

gif [IMG]

Comment by SimpleMoonFarmer at 01/02/2025 at 23:22 UTC

7 upvotes, 1 direct replies

All I see is red, wtf?

Comment by Bwinks32 at 01/02/2025 at 23:50 UTC

6 upvotes, 1 direct replies

DUMMIES.... SERIOUSLY besides the Darwin's Unlucky few that deserve their fate, who is using leverage on a risky market good? Who's nieve enough to use MARGIN on a volatile good?

Comment by FindingAwake at 01/02/2025 at 22:43 UTC

5 upvotes, 1 direct replies

The question is, why?

Comment by InvestAn at 01/02/2025 at 23:41 UTC

5 upvotes, 0 direct replies

So is the drop related to the liquidation of futures or the tarriffs? Both? Trying to get my head around the macro trends here.

Comment by Pristine_Cheek_6093 at 02/02/2025 at 00:37 UTC

6 upvotes, 0 direct replies

Stop trading and just hodl?

Comment by Inner-Yams at 02/02/2025 at 03:48 UTC

6 upvotes, 0 direct replies

Trump was talking all that smack on hiking tariffs and bitcoin reserves and all I see now is the entire market going down. He even rug pulled his own coin. Tired of this bs.

Comment by supercali45 at 02/02/2025 at 08:40 UTC

5 upvotes, 0 direct replies

pumping and dumping on you asses .. crypto even easier to manipulate than stocks and the big boys already do that shit over there

Comment by No-Drink-8544 at 02/02/2025 at 07:11 UTC

7 upvotes, 0 direct replies

I've lost $250, I'm going to buy a bottle of whiskey with my last $20 and close my coinbase account because I'm done with this scumbag fake money

Comment by Both_Tea_7148 at 02/02/2025 at 08:10 UTC

3 upvotes, 0 direct replies

Stop using leverage.

Comment by Technical_Ad4384 at 02/02/2025 at 10:27 UTC

3 upvotes, 0 direct replies

Lefties liquidate their assets en masse*

"Why did Trump do this to the economy?

Comment by Striking_Aide2942 at 02/02/2025 at 11:36 UTC

3 upvotes, 0 direct replies

The amount of market manipulation is absolutely insane

Comment by morrisdev at 01/02/2025 at 23:56 UTC

6 upvotes, 1 direct replies

I'm expecting a lot of companies to start using crypto to bypass tarrifs. We did this in the 80s using foreign bank accounts for our trading partners in Eastern Europe and Russia when they imposed tariffs. Probably people gonna do it now with Bitcoin.

Also, the crypto dip is NOTHING compared to what we're about to see in the stock market. I liquidated a shit-ton of stock, more than I ever have in my entire life, and I contacted 2 others that I tend to discuss stock with, both admitted they have sell orders set for Monday morning.

So, crypto will get a bounce in the coming month, and some may hold. I'll be staying liquid until I'm sure the market is completely collapsed and the rich people start buying up everything (which is exactly what this is about) and we end up losing homes and living on BlackRock rental properties.

I dunno kids. I've studied history, even got that political science degree from way-back. This is a first for the USA, but it's happened many times elsewhere. Hang on to your cold wallets because shits gonna get crazy