I saw a post that an investor uploaded yesterday, and it’s really shocking. They said $50 million dropped to $36 million. It’s scary to think that a single mistake could lead to such a huge loss.

I found out it happened due to slippage during the trade. When trading cryptocurrencies, the price you expect and the actual execution price can differ, and that gap seems to grow suddenly, making losses pile up like a snowball. They say slippage can be especially severe when trading large volumes.

At this point, it really looks like an example showing that a momentary judgment mistake can change someone’s life. I also feel like I need to be more careful when trading.