Here is an example of a person I mentor. He emotionally entered a short position on Bitcoin at $140k. Although my policy and advice to buy spot and create a long-term portfolio were not convincing enough for him.
The result, the position is moving closer to the liquidation zone. I can only imagine the shock and stress the person is experiencing right now.
For those interested, there are articles here about futures and the consequences of trading futures. I recommend reading them.
