How Crypto Traders Navigate Volatility And Mental Strain
ANKARA, TURKIYE – NOVEMBER 22: In this photo illustration, a phone screen displaying a graphic chart showing an upward trend, with the label ‘$100K’ is seen over another screen showing ‘Bitcoin’ coins and dollars in Ankara, Turkiye on November 22, 2024. (Photo by Hakan Nural/Anadolu via Getty Images)
Anadolu via Getty Images
Crypto markets have entered another period of sharp volatility. In just the past week, over $5 billion in leveraged positions has been liquidated, with billion-dollar liquidation events hitting almost every day. On November 4, a BTC-USDT order worth $47.87 million was erased in moments on OKX exchange.
For traders behind these positions, the damage extends beyond financial loss. Unlike stock markets, which pause each…
