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$333 Million Worth of Shorts Liquidated in Hours as Bitcoin Soars to $60K

$333 Million Worth of Shorts Liquidated in Hours as Bitcoin Soars to $60K



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  1. I know being short trader (really odd term to say) can be lucrative to those who know what they are doing, in general it just seems like a bad idea. I have a friend who does it, and does it fairly well, but hearing of the huge liquidations because he bet poorly against the market…makes my stomach hurt and ass clench up.

  2. Wtf are people going short on BTC when the patterns shown were clear enough the price was going to rise. There’s a time and a place to short BTC retesting ATH is not that time haha

  3. like why would you short bitcoin?

    I mean there are 2 reasons….

    1… You are into crypto but you think short term it might go down and are trying to capitalize on it. But it’s just as likely to go up. And during an apparent bull run seems really likely. Thus this is a really stupid idea from someone who’s into crypto

    2… You legitimately think bitcoin is going to go down the drain and are trying to short it to oblivion.

    I would like to meet a person who is this #2. They must be somin special and have a real hard on for fiat.

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