Take Possession of Your Bitcoin TODAY

That colorful red and green chart from Coinglass tracks liquidations of cryptocurrency traders (see it in real-time here) and - as you can see, there has been an increase in liquidations lately.

The chart I selected is a summation of all the cryptocurrencies Coinglass tracks, but the #BITCOIN -only chart would look much the same. You'll notice the dramatic drops in $BTC price (orange line) coincide with increased liquidations.

I'm showing you this because every red bar above signifies an investor/trader/speculator getting liquidated after going short IN A MARKET THAT SAW BITCOIN DROP FROM $47,000 to $18,000.

Today is the scheduled launch date for an Exchange Traded Fund that uses leverage and futures to short bitcoin. Depending on whether you need a hedge for your portfolio, or want to take a short position... this may appeal to you.

But I wanted to share the Coinglass chart to make sure any shorting you do is well-informed that even in a dramatically dropping market, leveraged short-sellers can get liquidated.

And, as the headline suggests... let this be a reminder that if you own bitcoin and you have left it on an exchange for whatever reason, it may be your bitcoin that are being loaned out to create the leveraged positions necessary for this.

PLEASE: TAKE YOUR BITCOIN OFF THE EXCHANGE into a self-custody wallet if you in any way can. There are lots of them and they are getting easy to use. One favorite of mine is EXODUS (website) @exodus_io

Remember, one of the promises of bitcoin was to have the option to self-custody your assets just so this very thing could be avoided.

You may not be able to stop them... but you can certainly opt yourself out!