I assumed this thread to be the first on this subject, so, starting another thread inline with same subject, I decided to make this the version two of the same subject.

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Personally, I feel the market should be pumping hard right, I mean, there are alot of catalyst to ensure the market is pumping, we have a lot of good news,
1. Bitcoin is just a few days to halving, shouldn't the excitement be driving investors to buying instead of selling?
2. Bitcoin and ethereum ETF got approved by the Hong Kong securities and futures commission, people should be buying bitcoin and major altcoins in large quantities instead of selling.

The above and many more are catalyst that should be driving the entire market up, but here, the reverse is the case, instead of the market pumping hard, it rather is dumping, bitcoin is currently between $62k and $63k from its initial $66k it was earlier today, eth also dumping, what exactly is going on?

In trading, some one defined Liquidation as a forceful transfer of wealth from traders that need levarage to wealthy spot buyers.

And this means that, if you are spot buyer, you've positioned yourself well for the huge run that is coming, as long as you don't fumble your bag, I still believe that the coming bull run will be one of the biggest in the entire history of crypto, those who sell now will completely miss out, while those who seize opportunities as this to add to their bag will make double or triple of what they were supposed to make.

And of course this is not a financial advice, we are all free to do with out bags as we please.
But if actually you are not selling but buying, then let's talk, I did love to know what you are buying, (if you don't mind sharing of course 😁).

Payments have been processed (the corresponding announcement was made in telegram).

1. UniJoin published a new article: https://t.me/unijoin/62
2. I recommend that all campaign participants read this post!!!
3. Now we are full.

Thank you so much boss,
First, for the never failing on time payments.
And secondly, for bringing that discussion to the knowledge of all Unijoin signature ad campaign participants, I believe we all will read that and act accordingly.

Thanks again..

Quote from: paid2 on April 09, 2024, 01:52:01 PM

Feel free to join and try your luck to win a nice Unijoin card 
[FREE RAFFLE] - Custom UniJoin Card, (#13)
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Good luck! 

We still have some available spots, don't hesitate to join the raffle

I actually came here to ask about this, I was hoping that by now, the result and or winner for this round should have been announced, but visiting the raffle thread, I discover there are still quite a number of open spots which are yet to get filled, this shows that participation in the raffle contest seem to have slowed down a bit.

Anyways, I am hoping and believing that open spots get filled soon, and a winner announced, so we can move ahead to the next round.

Quote from: paid2 on April 09, 2024, 11:52:36 PM

There is a total of 20 custom UniJoin cards released by Icarus, and icopress will correct me if I am wrong, but I think only cards #1 to #19 are offered to the community. The current raffle is #13 so not a lot available, as the serie is limited.
I agree, these cards are a nice way to share the project inside the community! We're lucky to have UniJoin and Icarus offering us such cool prizes!

Who is Icarus?
I dont know if he made design for this Unijoin cards, but I like it.
That is a lot of cards available for raffles and I like them and you should also make digital card project, Unijon NFT cards would be great for collection and it could be valuable.

Sorry to say but NFTs are shit, I won't spend a dime of my hard earned money on NFTs anymore, I made that mistake in 2020, spend over 9 ethereum buying NFTs, and till this day even as a type this comment, those NFTs are still there in my wallet with absolutely no means for selling them to get my money back.

The question is, if unijoin come up with those NFTs, what are the NFTs going to be used for?, what are the holders of the NFTs going to benefit or get as a reward for holding the UniJoin NFT?
NFTs without any form of utility are completely useless.

I don't know if I repeating the question if ask before here.
I just wanna know that is it possible to do check the user avatar and signature wearing log?
It can be any tools or anything added up on the forum what can show user's signature logs? I can be plus point for the campaign managers to monitoring his campaign.

Well, this a completely new idea, as I personally have never come across or heard of any of such tools, even in the other forums that I am a user of.

I agree though, and I also think it will be a very helpful tool for campaign managers, as it will help them to monitor a user and see or when the user changed his or her signature, such a tool can be used to catch signature campaign cheaters easily, those who participate in two different campaigns at the same time and switch signatures at the end of each campaign quota so as to quality for payment.

If it's possible, I believe this is a tool any user can build for the community, personally, I don't have any experience with coding, I would have loved to devote myself to making sure such tool is built and made available for the forums to use.

Quote from: Fivestar4everMVP on April 13, 2024, 05:11:23 PM

What are your thoughts on this?
Alot of lessons to learn from this incident, imagine he had rushed to kill himself, and Binance later returned this money?

I will wait for an update on this case. I cannot guess the reason why all of this user's assets disappeared and then returned. $1M is a huge amount of money, it is equal to the fortune that many people cannot earn in their lifetime.

I suspect that this may be a mistake in Binance's algorithm related to Margin during a time of great volatility in the market. I hope Binance will also have a response to explain this mistake, it would be better if the user received back all of the crypto assets he deserves.

Well, maybe you might need to read the whole thread again, and this time, a bit slower so you under better, the trader's assets did not just disappear, he opened a 3x long on pepe coin on Binance margin market, the trader unfortunately had no stop loss on, and the drop in the market yesterday caused the user's open trade to get liquidated, this was how his asset disappeared, it didn't just disappear, but he lost his trade, luckily, Binance have a mechanism that ensures that only 83 percent of users funds gets liquidated when times like this, so this why he later got 17 percent of the lost funds back.

You shared a good story, it gave good lessons and knowledge. It gives us the lesson that we should not seek suicide or something dumb instead we should realize the mistake that we made, I know how hard it would be if I lost my 1-year savings, and I know how much I rely on them. He must have been gone through a lot. But it's a good thing that he got his 17% back. As according to the CryptoBlade Binance is usually set a liquidation ratio of 83%. I don't know if it's true as I did not find anything useful on the Internet. Let me know if that's true.



Overall if it's true then it really gave the victim a good start but I hope he will avoid future trading, I am not a fan of future trading for the very same reason. As $1 million could make him good money in a spot or investing. But yeah to make more money in less time people do future trading. But Still, I suggest not doing it in such a volatile time when the market is so unpredictable.

+1

You are absolutely correct, Binance is said to have a mechanism that ensures that only 83% percent a user's funds gets liquidiated in times of like this when a user loses a trade completely without a stop loss, so this is why the user received back 17% of the total amount he lost, this is definitely small when compared to how much was lost, but it's still way better than nothing at all, and also, it's a good foundation for the user to start over with.

Going through my X account some hours ago, I came across a tweet by a user with the Monika - crypto Nerb, according to him, he 3x longed pepe with over $1.1 million dollars, apparently, I suppost this was before the entire crypto market went down yesterday, he woke up this morning to find his Binance futures balance looking exactly as the screenshot below..



He then started this thread on X concerning the situation, click the screenshot below to see original post on X, as well as the other posts from the user, and the comments as well



Yes, he was actually going to commit suicide, but according to him, he said what his single mother will go through kept him for some time until a miracle happened...
Binance returned around $180,000 out of the over $1.1 million dollars lost, once again, click the shot for the full tweet on X..



Thank God for atleast now, he has something to hold on to, and continue the crypto journey with..

What are your thoughts on this?
Alot of lessons to learn from this incident, imagine he had rushed to kill himself, and Binance later returned this money? 🤦🤦🤦🤦
SUICIDE HAS NEVER BEEN, AND WILL NEVER BE THE SOLUTION TO ANY PROBLEM IN LIFE, NEVER EVER SEE SUICIDE AS AN OPTION, NO MATTER THE SITUATION.

Quote from: Aanuoluwatofunmi on April 12, 2024, 03:41:39 PM

Fear or greed can ruin a crypto trading experience because there is no how we can be able to condole for the two or either of them without being affected, fear will make us to sell when we don't need to sell and when we go with such decision, we are already on loss, greed will make us hunt after quick time profits in doing what is not right or safe for the benefit of our investment because of the risk involved, but we will still end up going for such, because we want to earn fast but loose instead.

We must be able to manage these two bad emotions because it is not easy to invest in crypto, we will always be faced with fear and greed. but back to the initial plan and target when we bought the coin, if we have reached the target, we should sell it immediately

Well, you are right, I think the aspect of setting a target is what many crypto investors often neglect, probably because they assume it's not important, investing in a coin and not having a definite or a defined and a realistic target have brought so many loses that weren't supposed to be, this is after they have possibly been in profit on a the coin, they end up losing again because due to their lack of a set target, they  fail to sell and take out their capital and profit at the time they should.

Not saying this out of context but I have actually been a victim of this, the truth is, for everyone in crypto, trying to sell at the higheest price, there is a 0.00000001 percent that you will sell at the toppest top price, like at the all time high or a coin, it's almost impossible, this is why setting a target for ourselves in every coin we invest in is very crucial, and not just setting a target, but a realistic target, once that target is reached, we sell, withdraw our money and look for another project to repeat the same process.