Do some people really believe that 88888 is the absolute bottom for Bitcoin?
Things have been pretty lively in Dubai lately. A certain "KOL" posted a photo with a well-known industry figure and even hinted that the other person was "endorsing" him—saying stuff like, "Don’t make overly confident calls, if you lose, I’ll take the blame, and I’ll transfer you the collaboration fee." Sounds ridiculous, right? 😂
Let’s break down how reckless this move was: going all-in long at 89800 with a position size of 30 bitcoins. Anyone with basic technical knowledge knows that opening a long at this level is pure gambling—the real support is actually around 92000.
Now look at the risk control: the stop loss is set at 88000. In other words, if it drops below this line, he instantly loses $60,000. That’s $60,000, folks—not play money! With this kind of opening logic, it’s either taking advantage of follower losses or just pure newbie behavior.
Even if he gets lucky and calls the right direction, he’ll just grab a few hundred bucks and bail. You copy his trades and end up bleeding, while he pockets the collaboration fee.
How much longer are you planning to trust these so-called "trading gurus" in the space?
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Do some people really believe that 88888 is the absolute bottom for Bitcoin?
Things have been pretty lively in Dubai lately. A certain "KOL" posted a photo with a well-known industry figure and even hinted that the other person was "endorsing" him—saying stuff like, "Don’t make overly confident calls, if you lose, I’ll take the blame, and I’ll transfer you the collaboration fee." Sounds ridiculous, right? 😂
Let’s break down how reckless this move was: going all-in long at 89800 with a position size of 30 bitcoins. Anyone with basic technical knowledge knows that opening a long at this level is pure gambling—the real support is actually around 92000.
Now look at the risk control: the stop loss is set at 88000. In other words, if it drops below this line, he instantly loses $60,000. That’s $60,000, folks—not play money! With this kind of opening logic, it’s either taking advantage of follower losses or just pure newbie behavior.
Even if he gets lucky and calls the right direction, he’ll just grab a few hundred bucks and bail. You copy his trades and end up bleeding, while he pockets the collaboration fee.
How much longer are you planning to trust these so-called "trading gurus" in the space?