Today marks the day I lost nearly $1 million on a Bitcoin long trade worth about $2.2 million.
It was one of the hardest times of my life. I thought I had bought at a good price, but the market crashed and moved against me.
I kept selling other assets and adding more money to avoid being forced out. But the price kept falling, and I eventually ran out of cash.
In the end, I was liquidated for about $950,000 on a 40 #Bitcoin position.
It was a very dark period, but I got through it and I am okay now.
“It’s not bad until you find yourself on the wrong side of the trade. $BTC
