Damus
FTB · 2w
I'm now completely convinced that this entire drawdown - which may have been started by API problems on Binance, but if it hadn't have been that it would have been something else - is all about liquid...
Jake Woodhouse profile picture
Solid point

And could well be the case

Fascinating isn’t it

I almost have @Danny Knowles in my head saying “if you don’t want to sell your Bitcoin, then take a loan from Ledn” advert

Amongst many others

Of course responsibility is always on the investor themself, it’s not a podcasts fault

You took the risk

But the key here is that perhaps leverage IS the problem

It makes the market inherently unstable, as these volatility spikes smash through the margins and LTV in place

Fascinating times