2021-07-27 08:17:55
Almost 100,000 accounts got liquidated. Most people
EVENTUALLY lose money irregardless of direction, irregardless of trends, and irregardless of bull or bear market. Why? Because they are greedy, emotional, believe in news, and most importantly have no exit strategy.
While almost 100K accounts got liquidated, our community here in Cicero’s Compass benefited and profited from BTC’s recent explosive growth.
If u were one of the 100K accounts that got liquidated, all I can say is “
You Deserve It”. I said repeatedly over and over again 6-7 times that end July/Aug will be the start of the momentum uptrend. I also said never to have more than 3% of your entire portfolio to be in futures account.
Yes in VIP I gave the call to short BTC earlier, but it was a short term micro play where we profited, closed, and re-entered to accumulate more BTC. That doesn’t mean I’ve turn bearish. It’s simply a short term play.
As I said, end July/Aug is the beginning of the upward trend. Stay in the game.
- Mr Cicero
1.9K viewsedited 05:17