This 'stupid money' account may be a lesson for anyone willing to actively trade $ETH or other crypto
price has prompted some investors to engage in risky behavior. Many have blindly followed the trend, buying into Ethereum after the price has risen and panic selling when the price drops. However, such actions can be dangerous and result in significant losses.
A recent example of this is a trader who purchased 7,135 ETH with 12.25 million USDC from Sept. 9 to 12, 2022, when the price of Ethereum had risen by 10%. Unfortunately, the price of Ethereum began to drop shortly after, and the trader sold all of their Ethereum on Sept. 16 in a panic, receiving only 10.51 million USDC for it. This resulted in a loss of 1.74 million USDC in just one week.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Majority of bitcoin retail investors lost money in the last seven years: BISA data report from the Bank for International Settlements estimates that the median bitcoin retail investor lost nearly half their investment over the last seven years, and highlighted a call for international governmental coordination in policies towards digital assets.
Les mer »
Retail crypto investors in emerging economies lost more money from FTXFTX's collapse wiped out $200 billion in the total value of the cryptocurrency market, and it hit retail investors in emerging economies the hardest
Les mer »
Ohio pizza shop draws attention for seeking to hire 'non-stupid people'A manager at the restaurant said they put up the sign after some potential hires were no-shows.
Les mer »
Pizza joint's help wanted sign: ‘Now hiring: non-stupid people’An Ohio pizzeria that has had trouble finding reliable workers bluntly advertised out front that they are hiring 'non-stupid people.'
Les mer »
Pakistan current account deficit falls to $0.2 billion in Jan - cenbankPakistan’s current account deficit (CAD) dropped to $0.2 billion in January 2023, down 90% from last year as the rupee's depreciation slowed down imports, the central bank said on Monday.
Les mer »
Here’s how to secure your Twitter account without paying for BlueChange your 2FA method by March 19th.
Les mer »