Futures
Hundreds of contracts settled in USDT or BTC
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Last night I was out partying until the early morning and crashed as soon as I got home. When I woke up and checked—$PIPPIN 's short position was still in the green?
Honestly, I was a bit surprised. I opened this position with my entertainment funds, making sure the margin was more than enough, otherwise that big spike yesterday would have wiped me out. I bet a lot of other shorts got liquidated by that pump...
Altcoin futures are really not something I’d recommend for beginners.
Either you have to develop the skills to get in and out quickly—take profits when you can, never hesitate to exit, and always keep your stop loss in place;
Or you have to control your position size so well that you can withstand the market moving against you.
Any other approach? Pretty much just giving your money away.