The average leverage used on Bitmex is 8.6x. In sideways chop price action, people are still constantly getting liquidated on tiny moves.
Might be a good time, especially in this market environment, for a thread about leverage and how to *properly* use it.
- I've been talking to a lot of traders who are great at calling price action direction, but don't fully optimize their potential gains by using anything other than XBTUSD & spot. So here's a thread on futures:
- The crypto market needs to evolve. Traders are stuck on learning TA without knowing anything else about markets. Will be doing a series of threads focusing on topics other than how to pick directional trades. Hoping to help traders change their overall view of the market 📈.
- An investment down 80% needs a 5x to breakeven. Just a reminder.
- Who would've guessed -- Of course, @cryptomanran is involved with the $ZCL /Bitcoin Anonymous fork as an advisor. What does advisor mean in this case? Get as many people possible to FOMO in. @cryptomanran as a public face for crypto on CNBC is such a joke.
- L2s are now cheaper to use than Solana. Welcome to the future. Next stop, Interchain.
- hard to not be more bullish on @avalancheavax after spending the day working with other EVM chains
- Since a lot of traders still somehow don't understand Bitmex's perpetual swap contracts and how funding works, will do a quick thread on this..
- I feel like most people are underestimating how bullish $BTC is right now, they keep trying to short it. This may be the last opportunity in 2018 for longing cheap. Why short this chance? It's a gift. Many are going to feel pretty stupid soon.
- Hearing of web2 startups putting their VC raises into Anchor, says a lot about the state of the world
- This is the first rally in the past 6 months that has an increase in the dominance of retail exchange volume. This, along with Bithumb opening up again, is quite bullish.
- Hydrate, get your rest, stay healthy The next three months are gonna be a trip
- Arbitrum is about to explode, so many projects were waiting on Gnosis.





