Investor of US$ 200 million lost everything:
After 19 successful trades and US$ 145 million in profit, he bet everything and lost US$ 190 million in 3 days.
This is the same guy who made a fortune selling short just before the drop on October 10.
Here is his exact thesis:
The rise of metals will extend to cryptocurrencies, the rotation is inevitable, especially for ETH.
The market is punishing overly optimistic investors in cryptocurrencies, just as it likely will with metals.
He is returning the money to the market.
NEVER fall in love with an asset.
Even if your thesis seems irrefutable and solid as a rock, it can be wrong (or remain wrong) longer than you can stay solvent.
I study the market daily to deliver you the best possible content.
If you want to support me, End: below.
0x32424247bb9684aa0c221225e89368a79a80302d
After 19 successful trades and US$ 145 million in profit, he bet everything and lost US$ 190 million in 3 days.
This is the same guy who made a fortune selling short just before the drop on October 10.
Here is his exact thesis:
The rise of metals will extend to cryptocurrencies, the rotation is inevitable, especially for ETH.
The market is punishing overly optimistic investors in cryptocurrencies, just as it likely will with metals.
He is returning the money to the market.
NEVER fall in love with an asset.
Even if your thesis seems irrefutable and solid as a rock, it can be wrong (or remain wrong) longer than you can stay solvent.
I study the market daily to deliver you the best possible content.
If you want to support me, End: below.
0x32424247bb9684aa0c221225e89368a79a80302d