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Crypto Traders Need to Do This Before Thinking About Making Money

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Crypto Traders Need to Do This Before Thinking About Making Money

More than $1.15 billion in leveraged crypto positions were forcibly closed in 24 hours this week. Nearly 168,000 traders faced liquidations as Bitcoin briefly slipped below $74,000. For beginners hoping to make quick money from crypto, such losses are a reminder of how unforgiving the market can be. Álvaro Smart Money, a Spanish-speaking crypto trading The post Crypto Traders Need to Do This Before Thinking About Making Money appeared first on BeInCrypto.

Key Takeaways

  1. More than $1.15 billion in leveraged crypto positions were forcibly closed in 24 hours this week.
  2. Nearly 168,000 traders faced liquidations as Bitcoin briefly slipped below $74,000.
  3. For beginners hoping to make quick money from crypto, such losses are a reminder of how unforgiving the market can be.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.