The real issue is leveraged trading without a risk management strategy.

If you aren't managing your risk properly as a trader, then sure you can win 99/100 of your trades...

But it only takes that 1 trade that goes against you like we saw in this Bitcoin crash and you wipe out your entire account.

Those that got truly wrecked margin trading during this crash can't honestly explain how they properly managed their risk because they just didn't.

I'm still of the opinion that a good leveraged trader closes more trades at a loss than in profit, but still makes money by letting those winners run.

On margin, you want lots of small losers and then to let your winners run big.

Anyway, I'm with you that this bull market isn't over yet.

This was nothing more than a small correction and you can see on that Bitcoin daily chart above that the smart money buyers have already stepped right back in.

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