**๐Ÿ’” How Ben Won Lost $16 Million in Just 2 Days**

At 22, Ben Wonโ€™s story is a stark lesson in the perils of leverage trading. Starting with Bitcoin in 2017, early gains led him to leverage trading after losing his job in 2020โ€”a strategy that magnifies both gains and losses.

Using 10x leverage, Ben controlled a $50,000 position with only $5,000. But within two days, the market moved against him, erasing all his funds and Bitcoin holdings by August 2020. He missed out on the ensuing bull run, losing everything in the process.

**Conclusion:** Benโ€™s experience highlights the risks of leverage trading. While it can amplify returns, it also poses a significant risk of devastating losses. Understand the risks fully before diving in, and always approach leverage trading with caution.

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