Posted 4/14/2024, 1:56:26 PM
Trader Loses $270k in a Week After Leveraged Crypto Trade Goes Awry, But Experts Advise Patience in Building Positions in Current Market
- Tarded Degen Gambler loses $270k in one week after getting liquidated on a leveraged Solana trade, breaking his pledge to avoid leverage from past losses
- Experienced traders advise patience, saying you'll have more time to build positions than you think
- Expect the market to grind lower in Q2 and Q3 as the dollar strengthens; look for summer lows
- Legendary trader GCR says even down just 20% from all time highs, now is a good time to start slowly getting allocated
- The market likely has more room to fall, so be ready to move in either direction while building positions