Bitcoin was reaching new all-time highs, cruising around $126,000.
The bears had been wiped out after a week of relentless bullish momentum. By Monday, the market pushed even higher—we could almost see $135K coming. Euphoria filled the charts. Optimism flooded the sentiment. Over $622 million in short positions were liquidated in just one week.
But then came Friday, October 10th, a day that will be remembered in crypto history.
Bitcoin was trading near $122K, showing signs of recovery, when unexpected news hit the market. U.S. President Donald Trump announced a massive 100% tariff on China, reigniting fears of a new trade war.
Within 30 minutes, Bitcoin dropped $15,000, crashing to $102K—a 12.5% plunge that wiped out over $9.3 billion in long positions. It became the largest single-day drop and liquidation event in Bitcoin’s history.
Altcoins followed the crash:
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💬 ADA – $0.27
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💬 XRP – $1.24
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💬 LTC – $53
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💬 ARB – $0.10
It was chaos. A true Black Friday for crypto.
My Lesson Learned
And I’ll admit it—I got liquidated.
Not because of the market, but because I didn’t use a Stop Loss.
The market doesn’t punish those who lose money—it punishes those who lose control. Risk management isn’t optional. It’s survival. Losses teach more than wins ever will. And while my balance went down, my mindset leveled up.
👉 A trader without a Stop Loss is a soldier without a shield.
📊 Did you live through Bitcoin’s Black Friday? Were you short, caught off guard, or did you manage to take advantage?
Share your experience below 👇
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