One trader shared his story on Twitter: He went all-in long on meme coin PEPE with 3x leverage 🐮
After yesterday's sudden market drop, his position was liquidated and he lost 100% of his capital, that's over $1.1 million ⚰️
Such stories help to remember how people blinded by greed in a bull market sometimes make completely insane trades.
Learn from others. You don't need to lose $1 million to understand that putting 100% of your portfolio in one leveraged trade is very irresponsible 🤦♀️
