illiteracy at its peak, if you think he should have waited more before closing this trade.
Have you forgotten the 10/10/2025 incident that happened?
Do you not know who controls the markets or are you just pretending to not know anything?
At just 1X leverage, he bears a massive loss. If he had opened that trade more, 100% would have been liquidated by these market makers and Bitget exchange(read ZACHXBT thread)
Lesson in there:
You are always at the mercy of the exchange, market makers and insiders, etc.
- exchange can anyday liquidate you in flash crash or glitch and call that error problem, taking away all of your life savings.
- Exchanges and market makers can pump and dump any token to the moon & dump as you have seen it in the case of $LAB, $RAVE and $RIVER etc.
- Why do you think exchanges hire BD and sales guys?
lemme explain you the game
exchange earns revenue fees β hires BD and sales β BD and sales hires or do a contract with KOLS β both make a make believe larping story of fake PNLs β you came to perps in fomo and go trade recklessly β ended up liquidating your whole life savings β exchange becomes richer again.
same happens with memecoins : you see stories of guy making $100 to a million but it is just a PR to make you believe that you can do this as well π. And we all know how it end up rugging you.
You won't read this and will probably scroll past this post, I know. I know surely because you have been cursed by the greed and end up getting liquidated in the future in any perps and prediction market.
Closing $LAB now. This trade wiped out about a month of profits, around $4.2M in a few days. Funding above -2.5% is just crazy. I was going to hold longer or wait for a flush, but that's not happening anymore. This will probably dump hard very soon, but I can't afford that risk. It's also become very public, which doesn't help. I've learned a lot from this trade. I'll be back to compounding profits.
Today is a momentous day for tea.
This has taken years of building, testing, rewriting, refining, and pushing through the hard parts.
To everyone who has been part of this journey, contributors, maintainers, builders, partners, community members, and early supporters:
thank you.
tea mainnet is live.
$TEA is in market.
The next phase starts now, and we are excited to have you with us for what comes next.
The Tea Party has begun.
Today is a momentous day for tea.
This has taken years of building, testing, rewriting, refining, and pushing through the hard parts.
To everyone who has been part of this journey, contributors, maintainers, builders, partners, community members, and early supporters:
thank you.
tea mainnet is live.
$TEA is in market.
The next phase starts now, and we are excited to have you with us for what comes next.
The Tea Party has begun.
@pepeofweb3 cause i'm fed up doing its free promotion, hyping it up.
and my TL is full of $HYPE vs $SOL. Who is going to hit $100 post that is the main reason.
illiteracy at its peak, if you think he should have waited more before closing this trade.
Have you forgotten the 10/10/2025 incident that happened?
Do you not know who controls the markets or are you just pretending to not know anything?
At just 1X leverage, he bears a massive loss. If he had opened that trade more, 100% would have been liquidated by these market makers and Bitget exchange(read ZACHXBT thread)
Lesson in there:
You are always at the mercy of the exchange, market makers and insiders, etc.
- exchange can anyday liquidate you in flash crash or glitch and call that error problem, taking away all of your life savings.
- Exchanges and market makers can pump and dump any token to the moon & dump as you have seen it in the case of $LAB, $RAVE and $RIVER etc.
- Why do you think exchanges hire BD and sales guys?
lemme explain you the game
exchange earns revenue fees β hires BD and sales β BD and sales hires or do a contract with KOLS β both make a make believe larping story of fake PNLs β you came to perps in fomo and go trade recklessly β ended up liquidating your whole life savings β exchange becomes richer again.
same happens with memecoins : you see stories of guy making $100 to a million but it is just a PR to make you believe that you can do this as well π. And we all know how it end up rugging you.
You won't read this and will probably scroll past this post, I know. I know surely because you have been cursed by the greed and end up getting liquidated in the future in any perps and prediction market.