Don't tell me some traders escaped this loss. 5K, really??!!

[teminalibug 309]

We always say when prices fails traders do  it get affected much as the long term holders, because when it falls it is solver time, and when it rises it is gold time.

But considering the outbreak of corona virus on most of the big power nations, curiously expect America. The economic of the world is shaking Bitcoin is fallen to 5k something i personally did not expect and now i could say for sure we could go down to 3k, that would be the price of 2017 when i started in crypto business.

Do you think there is nay trader who escaped this loss in any way, if there are how many in 100%?

Edited March 13, 2020 by teminalibug

[Rickso 768]

7 hours ago, teminalibug said:

We always say when prices fails traders do  it get affected much as the long term holders, because when it falls it is solver time, and when it rises it is gold time.

But considering the outbreak of corona virus on most of the big power nations, curiously expect America. The economic of the world is shaking Bitcoin is fallen to 5k something i personally did not expect and now i could say for sure we could go down to 3k, that would be the price of 2017 when i started in crypto business.

Do you think there is nay trader who escaped this loss in any way, if there are how many in 100%?

you can't lose if you don't sell. if you believe on blockchain and bitcoin then you don't need to sell becasue if sell then you are loisng your money.

if have 1 btc before the drop and if you didn't sell then you still have 1 btc.

if you have 1 btc before the drop and you sold them, then you lost

[teminalibug 309]

23 hours ago, SlowBoy said:

I will say that big crypto whales cause that crash so that they can get the biggest profits right now.

It is not whales my friend, not this time. This is all the doing of corona virus.

[Juanaespinoza 139]

Well I did not manage to get out on time, so I patiently wait for the price to rise in the next few weeks and for now I have been buying more cryptos. But if in these days I talked to some people who, at the first fall of the cryptos, frozen because they saw that the price was going to continue falling and they anticipated.

[BTC Future 3946]

I would say that around 20-25% of traders profited from this dump. Bitmex actually stopped their trading (claiming a system failure) because everyone was shorting with x25-x100 leverage at that point, pushing the price lower and lower (reached $3600 if I remember correctly). I've read a few traders claiming to have made more than 50-60BTC and they would have probably made more than 100 if Bitmex wasn't lagging and allowed them to close their shorts when they actually were hitting the button. The problem with this exchange and probably other derivative exchanges, is the lag happening on times of extreme volatility. There are opportunities, but grabing them might be an issue beyond our abilities. 

[bitcoinb 1359]

8 hours ago, Readmm said:

Surprising as it may seem, some traders still managed to avoid losses, perhaps even due to a good combination of circumstances.

Some exchanges have the Stop-Loss option. You can set a price for an auto-sell order if the price go under the limit you defined. It's a very useful tool to avoid losses.

[DokAgsikap 145]

21 hours ago, Readmm said:

Surprising as it may seem, some traders still managed to avoid losses, perhaps even due to a good combination of circumstances.

Yes it is possible. I have seen so many people who losses with that amount because of buying in high and selling too low.

[CryptoMaxim 3829]

In any case, when the price falls, many are at a loss. Even at a price of 15K, many suffered losses in 2018. Many people bought bitcoin for 17K in the hope that it will grow further.

[bentayebsalah 2280]

I believe that every accomplished and successful trader who can analyze correctly and well will have survived this drop in bitcoin

[Thekingcallme 1975]

Yes, there are traders who do not lose because they follow the movement of the market accurately and work out an account for each step they take and this makes them avoid the loss or limit the big loss.

[Shaza Ahmad 1682]

At that time in 2017, when Bitcoin fell from $ 20,000 to $ 31,000, that was a great collapse of the Crypto market, and everyone thought that it was over and Bitcoin might return to zero like it started, but the bull market has returned again as it happens every time, I think that The only trader who survived the loss in those days was the trader who stayed out of the trade.

[Razan alikac 1899]

The cryptocurrency markets face regular crashes, once in a while while the downtrend is pulling traders up, so those who remain will have to go through tough times until this stage is over.
 And some investors prefer to keep their money safe when it gets windy in the cryptocurrency market.
 Some are selling weak digital currencies in response to their concerns
 And the market crash not only threatens your money, but it gives you a great opportunity to buy the same digital currencies at low prices, thus protecting yourself, preparing for the worst and surviving a bigger loss.

[Onden 2098]

I don't think that will happen, the price of bitcoin will not be below $ 8,000, about the existence of the corona virus I don't think it will affect the crypto market much. Currently the price of bitcoin continues to rise and I think the increase will occur at its peak later this year.

[Calvinpriva 17296]

On 3/13/2020 at 12:15 PM, teminalibug said:

Do you think there is nay trader who escaped this loss in any way, if there are how many in 100%?

Of course, a lot of traders escaped that loss, because not all traders who were holding bitcoin at that time! There are many traders who uses that chance to buy and hold but not all traders were already have BTC while it was falling.

[Smallingcane012 344]

Some traders escape this loss and sincere speaking they must involves in this loss because if they gain they will collect so if it loss they should also collect.

[Nonahassan 915]

This will not happen, in my opinion, Bitcoin will rise with the presence of such things because its work helps in social distancing and not mixing, and this will be a good thing in light of the presence of a virus like the Corona 

[sinseoul 0]

Well there's been a lot of panic sellers on the time that the pandemic spread out. Bitcoin gone down to 4k dollars and I really wished that I bought some Bitcoins back then. That was the last time that you'll see Bitcoin with that price.