It was yesterday on X i knew that people truly have plenty of money to waste on this space, imagine losing $100 Million on $BTC future just in a week, the more he tried to back his trade by longing it on cross the more it went down. He lost everything and started telling people to donate to him in order to fight the market back.
In all of these i learn not to fight market back no matter what!
How will someone lose that amount of money and will say he dominated the money in order to fight the market? Do we even need anyone to fight the market, I don’t think so. All he should accept that he made a mistake, and he lost that amount of money.
He was trading futures just because of profits, for him to use high leverage, then he was desperate to make huge amount of money, and unfortunately the trade went against him. The money might not really be so much for him, but to me, I don’t think we are suppose to trade that amount of money on futures, that’s really much. I don’t think anyone will lose such amount of money, and they will say they did that intentionally, am sure he will be pained, but their is nothing that can be done about it, and that’s just the reason why he said what he said.