In a recent crypto market meltdown, $20 billion was lost due to various factors, including leverage and liquidations. The message is clear: gamble with money you can afford to lose, as the market is unpredictable. Casinos are fun, but don’t risk your future on risky bets. Take time to assess the risks before diving in. Exchanges should consider implementing safeguards to protect users from excessive risk-taking. Remember, you are in control of your financial future. Stay safe and make wise choices in the volatile crypto market.
Read more at Cointelegraph: Leveraged trading or gambling? A $20 billion crypto wipeout blurs the line.