Rejecting leverage starts with you and me. Recently, I have seen many people who were completely penniless and left the market. Some of them were exposed to cryptocurrency very early and made their first pot of gold in life. They were promoted to the middle class and wanted to cross the class. Especially the newcomers and the Chinese community are the hardest hit by leverage. The financial knowledge penetration rate in Europe and the United States is relatively high, and the leverage is not as serious as in Asia Pacific. Recently, when I visited the forum, they were talking about the future, and we were talking about liquidation...
There is no pure land in the world, and everyone has their own suffering, but the leverage brothers have really suffered in the past few months, whether they are long or short. A large number of counterparties were eaten by whales in both long and short positions...
