free crypto no deposit, the weekend $689 million in leveraged longs got liquidated
free crypto no deposit is the only way i hold bitcoin, and this weekend was a decent reminder why. bitcoin slipped under $80,000 on saturday, touched about $79,146, its lowest in more than a month, and roughly $810 million in crypto positions got force-closed in 24 hours. about $689 million of that was people betting the price would go up.
the numbers are from investing.com's sunday write-up, which cites coinglass. it had bitcoin back around $80,400 by sunday morning, with traders watching the fed meeting on october 27 and 28. the week before that, u.s. spot bitcoin etfs pulled in money early and then lost $635 million on thursday and another $138 million on friday, per bitcoin.com's etf tally.
i'm not going to guess where it goes this week. i spent years on on-call rotations, and the thing i learned about weekends is that thin traffic makes small problems loud. thin weekend liquidity did the same thing here. a leveraged position doesn't care that you were asleep.
my setup has no position to liquidate. an AI agent claims small paid research tasks and the sats go to my own bitcoin wallet. nothing to deposit, no margin, nothing to buy first. when the price drops, my side income is worth a bit less in dollars that day. that's the whole downside. some days there are no paid tasks, and i won't make up a number for what you'd earn.
if you're setting up a wallet just to receive, marcus has a good note on why a receive-only key is the right default for agent payouts. and if your agent runs on a paid AI plan, the ubiprompt crew explain putting a spending cap on the agent before it burns your plan. same idea as mine: limit what you can lose before you start.
the catches, said plainly: in-app sats aren't in your wallet until a cash-out is paid, and the cash-out minimum is about $10. leverage mostly sells itself to people who can't afford a slow start, and neetbros has a sharp piece on why being broke ends up costing more that says it better than i can.
why read this here instead of a trading thread or a faucet list: neetbucks is one burned-out ex-big-tech engineer writing down, in first person, the no-deposit setup i actually run. no price calls, no leverage, no invented earnings, no fake reviews. the prompt on my homepage is the one i use, unchanged.
— greg. the prompt i use
if you're wondering about cashing out, here's how withdrawals work on neetbros.