Ever wonder what people mean when they say "REKT" in crypto?
It's basically when your portfolio takes a massive hit—liquidations, bad trades, rug pulls, you name it. Nobody wants to experience it, but understanding what causes it might just save your funds.
Knowing the warning signs and common pitfalls? That's your first line of defense. Over-leveraging, FOMO buys, ignoring security basics—these are classic ways traders get burned.
Stay sharp out there.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
6
Repost
Share
Comment
0/400
GateUser-0717ab66
· 11h ago
As soon as the leverage is opened, my mind is gone; my bloody history.
View OriginalReply0
LiquiditySurfer
· 11h ago
Leverage players ultimately have to pay tuition, this is a law.
View OriginalReply0
GasWaster
· 11h ago
ngl spent 500 gwei on a failed tx watching my liquidation happen in real time. rekt doesn't even cover it
Reply0
FlashLoanKing
· 11h ago
Contract on-chain arbitrageurs, daily chasing rugs, most afraid of getting rekt
Oh, isn't this just my daily textbook? As soon as leverage is opened, it's time to go home and eat dirt.
View OriginalReply0
GweiWatcher
· 11h ago
It's the same old story again; who doesn't understand it after having been REKT before?
View OriginalReply0
BridgeJumper
· 11h ago
REKT is like losing everything, it really hurts to see so many people getting liquidated.
Ever wonder what people mean when they say "REKT" in crypto?
It's basically when your portfolio takes a massive hit—liquidations, bad trades, rug pulls, you name it. Nobody wants to experience it, but understanding what causes it might just save your funds.
Knowing the warning signs and common pitfalls? That's your first line of defense. Over-leveraging, FOMO buys, ignoring security basics—these are classic ways traders get burned.
Stay sharp out there.