Some stories you hear on this crypto space and you are like, how did this happen? Imagine someone making $750,000 On Spot Trading, then loosing it all trading 2x Leverage on futures . Is This even possible? $750,000! What could have been the reason for this crazy loss. I tried analysing it and came up with some reasons. If you can, you can take a read here https://read.cash/@Ugomarcel/he-gained-750000-on-spot-trading-lost-it-all-on-2x-leverage-trading-what-could-have-gone-wrong-d4229690
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3 comments
Trading can be very risky, especially while using high leverage
Very true. That's why you need all the knowledge you can get.
For sure knowledge is power