Post
Topic
Board Trading Discussion
Re: Losing $1 Million on $BTC future
by
EL MOHA
on 03/06/2025, 14:32:46 UTC
I think he is not a good trader. Bitcoin has increased significantly and get to all-time high and he then use a leverage of about 20x on a long position at such high price. He should expect at least retracement to at least $100000 again. I will say he gambled with the money.

He is not anywhere a trader he is a gambler Charles, he has always been this aggressive gambler all his life, since 2022 base on his story he flipped $210 to around $80m with the most win started when he call the Pepe memecoin at $600k market cap and he sold at $25m market cap and still went ahead to hold his position. He is a Degen trader or should I say gambler.

Recently he has been too boastful on X about his calls and trading setup just at may this man long BTC with a high leverage of 40x because he hardly uses leverage below 10x. His position was a whopping $1.2B on hyperliquid. Entry was at $108k and his liquidation is around $105k. When he actually enter the market then trump tweet about bitcoin shifted the market sentiment and in a minute this man lost $13m instead of to go out of the trade he is adding positions to actually service his liquidation.

Right now it seems is been targeted by some market makers on hyperliquid, because if he buys they sell which is actually putting in him in a bad position that’s why he is still seeking for donations. He has received over $100k and has just recently long another trade again.

He is just trying to prove a point which is useless to me, he is no where near a trade but a gambler