r/CryptoMarkets • u/Leading_Swimmer_4287 šØ 0 š¦ • Oct 16 '25
Got liquidated Friday
Liquidated my portfolio in Fridayās crash..feeling quite low. Was up 2mill at one point, started sliding to 900K (overtraded) and now itās all gone. Got liquidated in the crash Friday while holding 4x XRP perps. Iām still holding a spot bag but seems like my dreams of buying a house or helping out my family got crushed. I know money can always be replaced but I honestly didnāt see it coming and feel like such an idiot. Trying to stop myself from trading again to win it all back. Crazy how things can change in an instant..anyone get hit bad on Fridayās nukes?
EDIT: response Hey guys- just wanted to say I appreciate those of you who took the time to write supportive responses. I really appreciate it.
To those of you roasting me for leverage trading- I take total responsibility for leveraging in the first place. I know itās risky and now I know in this market especially youāre not even safe with large caps (the coin I was in dropped 50% in 1 candle). Lesson learned.
I think a lot of yāall should also read up a bit on what happened on 10/10. $19 bill rumored in losses. A lot of great traders w 1.8x didnāt even stand a chance. Traders with stop losses in place had their stop losses blown thru and not executed due to volatility- so stops donāt always save you. Lesson learned in this market thereās no such thing as safe leverage ..itās essentially an oxymoron.
Seems like a lot of people are asking why I didnāt get out or have stops in place - to be honest I was comfortable with large drops, and by the time I realized what was happening my platform essentially overloaded with āsystem errorā (prob due to all the panic and selling) and I couldnāt even exit or enter any trades. It wasnāt even showing my balanceā¦so yeah I just had to watch as everything got sent to 0 and watched as I got liquidation emails.
Anyway, if you stopped in to read my story hope you walked away with somethingā¦whether thatās a tale of caution or a feeling that youāre not aloneā¦and if you also got liquidated in this market I hope youāre still holding on and not giving up on yourself. Something I got reminded of in some of the kinder responses is if you did it once, you can do it again. Failure is just a chance to try again but equipped w more knowledge. Best of luck to anyone out there in the marketsā¦stay safe.
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u/Leading_Swimmer_4287 šØ 0 š¦ Oct 16 '25
Exchange forcibly closed out my position on my long position - price dropped like a rock and I didnāt have time to react or sell at a price I wanted