Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The market on October 11th completely devastated the retail investors.



A rapid surge followed by a sudden crash caused a large number of retail investors and market makers to be wiped out. Those who were liquidated were liquidated, and those who stopped loss did so; both longs and shorts were killed clearly. Many people didn't even have time to react, and their positions had already gone to zero.

I saw a live video, and the situation in the footage is indeed quite tragic. The market is like this; sometimes a single day's fluctuations can wipe out months of profits. This time, the harvesting efficiency is considered one of the harshest this year.

For friends still in the market, risk control really needs to be done well. Don't always think about bottom fishing or chasing highs; surviving is more important than anything else.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
FromMinerToFarmervip
· 10h ago
Played for suckers again, how can there still be people who dare to buy the dip?
View OriginalReply0
MEVictimvip
· 10h ago
I really got eaten that day, and by the time I reacted, I had already Get Liquidated, hahaha.
View OriginalReply0
MetaEggplantvip
· 10h ago
Oh my god, that day I directly witnessed what it means to be Played for Suckers on site. Lost a ton, really. Months of hard work down the drain. I mean, who the hell designed this operation, the flash crash was so brutal? Staying alive is the most important thing, that's how I think now. I was there on October 11 too, I couldn't react at all, man. As for risk control and stuff, it's too late to regret now.
View OriginalReply0
NeverVoteOnDAOvip
· 10h ago
I was directly swept out, and I didn't react in time, so my position was gone.
View OriginalReply0
BtcDailyResearchervip
· 10h ago
Here it comes again, this kind of market can make one doubt life in just one go. Watching that video really gave me chills, being a second slow could mean life or death. But to be honest, who hasn’t been played people for suckers? The cost is just a bit high. How many times has risk control been mentioned? Still, some people don't listen, greed destroys everything.
View OriginalReply0
WhaleMinionvip
· 10h ago
That day I looked at the Candlestick and felt like throwing up, it really felt like going bankrupt in a second.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)