Leveraged trading or gambling? A $ 20 billion crypto wipeout explodes on the line.

I am not your mother, your priest, or Gary Gensler.

I will not tell you that you should not use 50X use of gambling with lower liquid altcoins in a centralized crypto exchange, because you are an adult person in the year 2025, and you can gamble what hell you care about gambling.

But I have a word of advice, and you can take it or leave it.

(Hope you take it.)

Gamble on your money. Don’t gamble on your future.

If you love to think about crypto, think about what you can lose.

Because you believe CZ hunting is the wintermute (severely not) or Binance technical glitches (shrug, who know) or some Trump Associate Shorting the Market (your prediction is as good as the mine) or either a thousand psychological, structures, or deliberately bad causes of epic $ 20 billion melting, something is a common cause of an explanation.

There is not a damn thing you can do about it, once it starts.

Cascading liquidations will relieve you if you are sitting in a highly leveraged long position. And they will do this before you have the opportunity to react.

I’ve been in this business for almost a decade, and what was true when I started it is true today.

The action is gambling.

And that’s okay, as long as you do it with restraint, with some small levels of awareness.

Casinos are fun! Casinos are shiny! Casinos possess our natural appetite for the risk, without having to actually come out of hunting saucer with toothpaste tigers.

But do you walk to Bellagio and put your home in red?

Are you going to throw your life into life in front of the businessman and draw on the eleven?

Just because of digital, non -intrusive, a long way from flashing lights and honking slots, because it feels * like you have control because you did your research and you have a thesis … It doesn’t matter.

Most importantly, at the end of the day, you are playing within your way.

Have fun. Get some bucks and long on whatever seems interesting -wak.

But don’t gamble your life in crypto. There are many factors, even today, why the market is not good enough to handle the humorous action.

And yesterday it was proven.

I’ll leave some questions on the table.

Should exchanges allow you to gamble everything in a stake that is very dangerous? Should they be responsible when their infrastructure kills you? Should your local regulator put reasonable guards in the area, rather than abducting their responsibility and refusing to acknowledge that we are living at a different age than the one who spies in Las Vegas?

All those questions, the truth is that you are still in control of your future. You are not a victim, you have an agency. You can decide how much risk you want to take.

And maybe when you decide that you’re willing to take that risk, give yourself five minutes. Walk away from your phone or your computer, and think carefully. Is the risk really worth it? What happens if your playing has been bad?

Those five minutes can save the Sat that you have been to for years.

Here at Cointelegraph, hopefully you’re okay. Finance, emotional, and of course physically.

And if you survive this washing – good for you.

But find out from it. Be safe. Your future will be more interesting and happy with your savings whole.