The futures market is mostly composed of gamblers, not investors.

Days like today highlight that most people do not have a system, do not care to learn even the basics... But there they are, leveraged at 70X on a meme and then crying that they lost everything.

Trading like this or betting everything on red is the same; the worst part is that they do not want to learn anything, just to gather a little more money to try their luck again.

The liquidations today cause us losses, but they have to be controlled and calculated. Losing only a part, via stop loss, not the entire account.

It makes me very sad to see that they waste the opportunity to learn and generate an income, and they use it as a casino.

Worse is when they win once or twice, then they believe they master some type of analysis and start lecturing.

In short, everyone can do as they wish. Citizen Crypto bids farewell.