XRP investor turned his $2,500 into $200,000 by purchasing XRP futures with 500x leverage on the cryptocurrency exchange Rollbit.
This smart investor opened a position with 500x leverage worth $2,560 when the XRP price was trading below $2.
This meant that if XRP fell below $1.90, the entire position would be liquidated. The investor who took the big risk ended up winning, not losing. As the XRP price rose, the investor gradually closed his position between $2.13 and $2.29, earning a return of approximately 7,500%.
