Former private group trading admin who use to run trading group for cryptocurrency spot and derivates.
The guy not friend of mine but my firend of friend:
On Telegram (unlegal hedge fund kind of activity)
He told about people who wanted to invest, while world speaking about not enough money or economical struggles the people who wanted to invest with him by his instructions and giving money to be managed under his management it was very interesting experince the people was very interesting who got involved in this:
This show's us that people live in totally different worlds and like different dimensions no wonder why markets are full of money
So this fund manager got very interesting experince.
But what is most miracle in the story how many people are in the world who can lose just 30k $ 100k $ 1mil $ or even more and it doesn't even disturb them so much.
These just sound like a bunch of random stories you've made up and claim that a "trader" told you. Proper traders don't take on individual accounts in the way that you describe, they will be employed by a brokerage and it is bad for business if they allow their clients to make these sort of reckless moves, but the way you described them suggests that these individuals were taking actions without your "trader friend of a friend" having any influence in the deal at all. I will agree with your last point, which is that there are many people out there who are willing and able to throw around large amounts of money like they are pocket change - maybe it is something that only a few of us will encounter when reaching retirement.