$300 million got to be liquidated while Bitcoins Halving, BitOffer and Binance Options kept their investors safe

[Aged Bitcoin Trader 61]

As we all know, the 3rd bitcoins halving completed 2 days ago.

In this post, I made a poll on it, and please kindly select your answer of "did you get liquidated?". And on Friday,  I will choose one as the lucky dog to give away an options contracts to him on BitOffer.

 

Under the BULL news of Bitcoins halving, the market did not pump as we expected but plunged when most investors focused on the market with full of hope. At last, only disappointments lasted.

 

The plunge did harm to the investors. The liquidation data showed that during the period before and after the Bitcoins halving, near 300 million dollars positions got to be liquidated. When the market increased to $9,150, it gave out the signal that the market tended to pump. However, it was a temptation. After then, it dropped by more than 10% and predated the positions that fell into the trap. The Bitcoin Futures market now was toxic since some top cryptocurrency exchanges abuse the concept of “leveraged trading” and ignore users’ risk tolerance, like what happened on the ICO market, now bring up a “Yesterday Once More” on the cryptocurrency derivatives market.

 

But if investors who bought put options contracts on BitOffer Options or Binance Futures, they should have hedged their Bitcoin positions. Since the Options trading on BitOffer and Binance was "At-the-money" options, the investors only need to pay the premium that can only be $5 to $100 on BitOffer, then they would be able to directly earn the change of Bitcoins when the Bitcoin price declined while the 3rd Bitcoin Halving.  That is why BitOffer investors and Binance users can earn almost 2,000 USDT with $5 to $100.

[rekter 8129]

I had no position, i was thinking of 25x shorting but i was also scared of those zig-zag wicks that liquidate both longs and shorts. And there were just too many strong opinions on the price movement. 

[Aged Bitcoin Trader 61]

1 hour ago, rekter said:

I had no position, i was thinking of 25x shorting but i was also scared of those zig-zag wicks that liquidate both longs and shorts. And there were just too many strong opinions on the price movement. 

Yep, that is why i said the futures market was toxic now. Options trading may be better.

You can try on that, such as BitOffer.com or Binance.com

[Omar Ommeish 4872]

I saw by voting that no one was liquidated during that period and that is a good thing, I did not open a deal at that time because the price was not expected.

[Aged Bitcoin Trader 61]

28 minutes ago, Omar Ommeish said:

I saw by voting that no one was liquidated during that period and that is a good thing, I did not open a deal at that time because the price was not expected.

So, what price did you expect?

[Omar Ommeish 4872]

12 minutes ago, Aged Bitcoin Trader said:

So, what price did you expect?

I expected the price to rise to 10.400 dollars during that period, but the deal was executed at 10,000 and I did not open a deal after that.

[ETheHedgehog 3104]

i keep HODLing, i have strong beliefs that there will be a bull run again, but of course not right away as that's a trap

[Aged Bitcoin Trader 61]

2 hours ago, ETheHedgehog said:

i keep HODLing, i have strong beliefs that there will be a bull run again, but of course not right away as that's a trap

Yep, it should be another bull again. HODL it, and maybe you can find my analysis to review.

[BTC Future 3946]

The analysis is great although it contains an add, still without noticing that I can only say that I was expecting further decline, which was probably didn't happen because of some short of support from 2 Billion printed stable coins. It seems that actually 1 Tether might not be 1 USD at least not for the miners. I'm not sure what negotiations are taking place, but I seriously think that they are not on a basis of 1USD=1USDT.

[magd 5231]

The currencies that I own were not liquidated because I had not reserved a position and the cryptocurrencies that I own have preserved and stored them, especially after half as I felt that the price will change several times before the big rise

[Aged Bitcoin Trader 61]

 

 

5 hours ago, rezzougali1985 said:

I voted to : i didn't open any trade, because i realized before the halving that there will be any movement on the price because as in the last halving events the price didn't change immediately, so we have to wait mire

Actually, the bull has been cash out before it half. We should wait for the next bull comes from the halving. It should be happened on June

[George10 9932]

19 hours ago, Aged Bitcoin Trader said:

 

Under the BULL news of Bitcoins halving, the market did not pump as we expected but plunged when most investors focused on the market with full of hope. At last, only disappointments lasted.

A lot are disappointed due to bitcoin price after halving because they where expecting a huge pump but things didn't move that way but as for me I'm still expecting this pump in few months time before the end of the year we will hit 15k or above therefore, patience is the key here things happens gradually not so quick as some were hoping.

[Aged Bitcoin Trader 61]

13 minutes ago, George10 said:

A lot are disappointed due to bitcoin price after halving because they where expecting a huge pump but things didn't move that way but as for me I'm still expecting this pump in few months time before the end of the year we will hit 15k or above therefore, patience is the key here things happens gradually not so quick as some were hoping.

Yep, patience is the key. Actually, I am expecting the Bitcoin price to hit the level that is more than 15k. 20K would be the least expectation in 2020.

 

Moreover, I would suggest BitOffer Options as the best hedging tool to hedge the Bitcoin positions from value losing while it drops before it start pumping again. Risk control is also the key idea to maxmize the ROI.

[Aged Bitcoin Trader 61]

1 minute ago, Jump said:

Yes I think that ypubare right that many people are expecting for Bitcoin to pump up so fast because it reaches ten thousand which is great but they are being hasty because they want cryptocurrency and Bitcoin to pump up to 15k 

Be attention to the market if it shows up continuous rising in a short term. Usually, an adjustment is required. For technical analysis, we can discuss on telegram also.

[Upright 2688]

A of the pledge of this Crypto exchanges as on their users as to how the trading volume might have been affected from this plunged on the bitcoin market, as on the leaning and  support on having to leverage on bitcoin as in the continues of maybe a bull as from expected when the halving occured, as as show on remarks as to liquid funds which some say was actually a good strategy being used 

[Soaib khan 1035]

binance recently launched options trading I also used it but I think this is too risky because we have no idea where will the price of bitcoin will go I have already lose much money in futures trading 

[iloveyobit 6599]

In that time, all the capital was in some currencies, and I did not open any other deal, but I only monitored the performance and reaction of the market after the split of Bitcoin.

[Michael0606 861]

If I had open positions, but I managed to get a profit and I was not liquidated in the market, since I knew that it was very dangerous to leverage at the time of halving, for this reason I decided to be much more cautious.

Edited May 17, 2020 by Michael0606

[Honny143 13612]

Iam not good trader but in my opinion present market is not in good condition, so now open any trade not profitable because anyone not predicts, which way market goes so hold coin is great strategy, but in short period we see the bull run.

[Whited35 15285]

On 5/14/2020 at 9:30 AM, George10 said:

A lot are disappointed due to bitcoin price after halving because they where expecting a huge pump but things didn't move that way but as for me I'm still expecting this pump in few months time before the end of the year we will hit 15k or above therefore, patience is the key here things happens gradually not so quick as some were hoping.

@George10 brother, it may take sometimes to get the Bitcoin price increased in the cryptocurrency markets. If we locate the previous records after Bitcoin halving events, it's seen that price of Bitcoin skyrocketed after sometimes of halving events.

[Mcd0d0 5882]

On 5/13/2020 at 5:33 PM, rekter said:

And there were just too many strong opinions on the price movement. 

As we can see to the graph of price of bitcoin, this is just playing to increased and decreased at the same time so that it's hard to predict the price of it by it's strong movement on the price of it.

[Zues 1069]

On 5/13/2020 at 7:07 PM, Omar Ommeish said:

I saw by voting that no one was liquidated during that period and that is a good thing, I did not open a deal at that time because the price was not expected.

Yes I think that you are right because if they liquidate that money I think that it will be a difficult and it is great that the price is unexpected because many people are expecting that the price will be low but it is rising now. 

[pablomarwan 3082]

Some of the news circulating that led to one of these diamonds is that the bitcoin currency will witness a rise in price starting from the first day and the start of the misjudgment of leverage in order to achieve high profits, but this matter only them to a heavy loss only as the majority lost his money

[gourav789 2834]

I Also see there is newbies in binance or bittrex they used 59X or sometime 75X to generate a good amount of profit unfortunately they will lost it , because liquidation value is too low as compared to real value. 

3X to 5X leverage is good for make good profit .

[Aged Bitcoin Trader 61]

Hope you guys are doing well since the BTC price dropped to a level of $8,800.

 

 

HODL and Buy if the trend line can be held.