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@WILL_BACK804
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The TRAGIC STORY of Ben Won, who lost $16 million in the Leverage tradingđ
He bought #Bitcoin when he was 22
He lost everything with Leverage trading
Ben Won, a 22-year-old who learned the hard way about the risks of leverage trading in crypto.
Ben first got into #Bitcoin in mid-2017 after a friend mentioned it. Without much understanding, he invested $100. During the bull run, his investment grew rapidly, and by January 2018, he had turned $1,000 into $2,000.
Despite the success, he didnât fully grasp what Bitcoin was and didnât sell when the price dropped.
Determined to learn more, Won spent months researching Bitcoin through Google, YouTube, and Twitter.
By 2019, he was deeply invested in BTC, putting 95% of his wealth into it.
By early 2020, he had accumulated about 3 bitcoins, a major achievement for him.When COVID-19 hit and Ben was laid off, he decided to explore trading. This is where he encountered leverage tradingâa high-risk strategy that magnified both gains and losses.
What is Leverage Trading in Cryptocurrency?Leverage trading involves borrowing funds to increase the size of your trading position. It allows you to control a larger amount of crypto than you could with just your own money. For instance, with 10x leverage, you can control $10,000 worth of crypto by only putting up $1,000 of your own funds.
Hereâs how it works:
1. Borrowing Money: You borrow money from a broker to increase the size of your trade.
2. Amplifying Trades: This borrowed money lets you control a larger position than your initial investment.
3. Potential for Bigger Profits: If the trade goes well, you can make more money than if you were trading with just your own funds.
4. Increased Risk: If the trade goes badly, you can lose more money than your initial investment.
Benefits of Leverage Trading
âą Increased Buying Power: You can make bigger trades and potentially earn more profit.
âą More Opportunities: You can take advantage of small price changes in the market.
Risks of Leverage Trading
âą Higher Losses: Just as leverage can increase profits, it can also magnify losses.
He bought #Bitcoin when he was 22
He lost everything with Leverage trading
Ben Won, a 22-year-old who learned the hard way about the risks of leverage trading in crypto.
Ben first got into #Bitcoin in mid-2017 after a friend mentioned it. Without much understanding, he invested $100. During the bull run, his investment grew rapidly, and by January 2018, he had turned $1,000 into $2,000.
Despite the success, he didnât fully grasp what Bitcoin was and didnât sell when the price dropped.
Determined to learn more, Won spent months researching Bitcoin through Google, YouTube, and Twitter.
By 2019, he was deeply invested in BTC, putting 95% of his wealth into it.
By early 2020, he had accumulated about 3 bitcoins, a major achievement for him.When COVID-19 hit and Ben was laid off, he decided to explore trading. This is where he encountered leverage tradingâa high-risk strategy that magnified both gains and losses.
What is Leverage Trading in Cryptocurrency?Leverage trading involves borrowing funds to increase the size of your trading position. It allows you to control a larger amount of crypto than you could with just your own money. For instance, with 10x leverage, you can control $10,000 worth of crypto by only putting up $1,000 of your own funds.
Hereâs how it works:
1. Borrowing Money: You borrow money from a broker to increase the size of your trade.
2. Amplifying Trades: This borrowed money lets you control a larger position than your initial investment.
3. Potential for Bigger Profits: If the trade goes well, you can make more money than if you were trading with just your own funds.
4. Increased Risk: If the trade goes badly, you can lose more money than your initial investment.
Benefits of Leverage Trading
âą Increased Buying Power: You can make bigger trades and potentially earn more profit.
âą More Opportunities: You can take advantage of small price changes in the market.
Risks of Leverage Trading
âą Higher Losses: Just as leverage can increase profits, it can also magnify losses.
$BTC "WHY IS NOTCOIN PUMPING?"
HERE'S IS 3 POSSIBLE REASON BEHIND NOT SURGE!!!
1⣠TONKEEPER INTRODUCE GASLESS $USDT AND NOTCOIN TRANSFER.
- Telegram's wallet Tonkeeper: they've introduced fast, gasless payments in USDT!
- No need to hold a TON or charge your Batteryâfees come straight from your USDT or $NOT balance!
2⣠NOTCOIN BURNING:
- The community earned 56,100,794 NOT (~$700K) through Notcoin Explore.
- 6,951,278 NOTsent to the NOTCOIN Ecosystem Fund.
- 6,951,278 $NOT burned đ„
TOP 3 BURNERS đ
3⣠TELEGRAM FOUNDER:
- durov, with a net worth of $15.5B, shared his gratitude on Telegram:
"Half a million NOTCOIN users gifted me $6.8M worth of NOT! Thank you. I'll hold these until they reach $680M."
#Megadrop #MtGox #StartInvestingInCrypto #ETHETFsApproved #FIT21
HERE'S IS 3 POSSIBLE REASON BEHIND NOT SURGE!!!
1⣠TONKEEPER INTRODUCE GASLESS $USDT AND NOTCOIN TRANSFER.
- Telegram's wallet Tonkeeper: they've introduced fast, gasless payments in USDT!
- No need to hold a TON or charge your Batteryâfees come straight from your USDT or $NOT balance!
2⣠NOTCOIN BURNING:
- The community earned 56,100,794 NOT (~$700K) through Notcoin Explore.
- 6,951,278 NOTsent to the NOTCOIN Ecosystem Fund.
- 6,951,278 $NOT burned đ„
TOP 3 BURNERS đ
3⣠TELEGRAM FOUNDER:
- durov, with a net worth of $15.5B, shared his gratitude on Telegram:
"Half a million NOTCOIN users gifted me $6.8M worth of NOT! Thank you. I'll hold these until they reach $680M."
#Megadrop #MtGox #StartInvestingInCrypto #ETHETFsApproved #FIT21
$NOT đš BREAKING NEWS đš
Attention Notcoin ( $NOT ) Holders !!!
Withdraw your Notcoins Now!!
Make sure to withdraw your Notcoin from the Notcoin bot to your wallet before June 16 2024!
All Notcoins not withdrawn from the bot will be burned. đ„
However, If your coins are staked, youâre good as it won't burn â€ïžâđ„
share with your loved ones
#NOTCION #WILLBACK804
Attention Notcoin ( $NOT ) Holders !!!
Withdraw your Notcoins Now!!
Make sure to withdraw your Notcoin from the Notcoin bot to your wallet before June 16 2024!
All Notcoins not withdrawn from the bot will be burned. đ„
However, If your coins are staked, youâre good as it won't burn â€ïžâđ„
share with your loved ones
#NOTCION #WILLBACK804
### đŽđŽ $NOT Urgent Update: The Biggest Scam of 2024? đŽđŽ
### Notcoin's Downfall
Notcoin has been plummeting since its listing, with continuous sell-offs every minute. Despite a strong social media presence, the price has never gained momentum.
### Key Issues:
- **Poor Performance**: Consistently among the top losers since its launch.
- **Market Data**: Binance buys were outbid by fresh inflows, leading to more sell-offs. Most holders are currently at a loss, making it one of the worst investments in 2024 so far.
- **Community Strength**: The only positive is a strong community support. Letâs see how this unfolds.
đŒ **Data Source**: Binance Insights
### Reimagined Post:
### đŽđŽ $NOT Urgent Alert: 2024's Biggest Scam? đŽđŽ
### Notcoin's Struggles
Notcoin has been on a downward spiral since its debut, with relentless sell-offs every minute. Despite significant social media buzz, the price has never gained traction.
### Major Concerns:
- **Disappointing Performance**: Constantly ranks among the top losers since its launch.
- **Market Dynamics**: Binance purchases were overshadowed by fresh inflows, resulting in further sell-offs. Most investors are now in the red, marking it as one of the worst investments of 2024 to date.
- **Community Resilience**: The strong community remains the only bright spot. Let's watch how this evolves.
đŒ **Source**: Binance Insights
#altcoins #ETHETFS #BlackRock #BTC #Notcoinđđ„ $NOT
### Notcoin's Downfall
Notcoin has been plummeting since its listing, with continuous sell-offs every minute. Despite a strong social media presence, the price has never gained momentum.
### Key Issues:
- **Poor Performance**: Consistently among the top losers since its launch.
- **Market Data**: Binance buys were outbid by fresh inflows, leading to more sell-offs. Most holders are currently at a loss, making it one of the worst investments in 2024 so far.
- **Community Strength**: The only positive is a strong community support. Letâs see how this unfolds.
đŒ **Data Source**: Binance Insights
### Reimagined Post:
### đŽđŽ $NOT Urgent Alert: 2024's Biggest Scam? đŽđŽ
### Notcoin's Struggles
Notcoin has been on a downward spiral since its debut, with relentless sell-offs every minute. Despite significant social media buzz, the price has never gained traction.
### Major Concerns:
- **Disappointing Performance**: Constantly ranks among the top losers since its launch.
- **Market Dynamics**: Binance purchases were overshadowed by fresh inflows, resulting in further sell-offs. Most investors are now in the red, marking it as one of the worst investments of 2024 to date.
- **Community Resilience**: The strong community remains the only bright spot. Let's watch how this evolves.
đŒ **Source**: Binance Insights
#altcoins #ETHETFS #BlackRock #BTC #Notcoinđđ„ $NOT
### đŽđŽ $NOT Urgent Update: The Biggest Scam of 2024? đŽđŽ
### Notcoin's Downfall
Notcoin has been plummeting since its listing, with continuous sell-offs every minute. Despite a strong social media presence, the price has never gained momentum.
### Key Issues:
- **Poor Performance**: Consistently among the top losers since its launch.
- **Market Data**: Binance buys were outbid by fresh inflows, leading to more sell-offs. Most holders are currently at a loss, making it one of the worst investments in 2024 so far.
- **Community Strength**: The only positive is a strong community support. Letâs see how this unfolds.
đŒ **Data Source**: Binance Insights
### Reimagined Post:
### đŽđŽ $NOT Urgent Alert: 2024's Biggest Scam? đŽđŽ
### Notcoin's Struggles
Notcoin has been on a downward spiral since its debut, with relentless sell-offs every minute. Despite significant social media buzz, the price has never gained traction.
### Major Concerns:
- **Disappointing Performance**: Constantly ranks among the top losers since its launch.
- **Market Dynamics**: Binance purchases were overshadowed by fresh inflows, resulting in further sell-offs. Most investors are now in the red, marking it as one of the worst investments of 2024 to date.
- **Community Resilience**: The strong community remains the only bright spot. Let's watch how this evolves.
đŒ **Source**: Binance Insights
#altcoins #ETHETFS #BlackRock #btcupdates2024
### Notcoin's Downfall
Notcoin has been plummeting since its listing, with continuous sell-offs every minute. Despite a strong social media presence, the price has never gained momentum.
### Key Issues:
- **Poor Performance**: Consistently among the top losers since its launch.
- **Market Data**: Binance buys were outbid by fresh inflows, leading to more sell-offs. Most holders are currently at a loss, making it one of the worst investments in 2024 so far.
- **Community Strength**: The only positive is a strong community support. Letâs see how this unfolds.
đŒ **Data Source**: Binance Insights
### Reimagined Post:
### đŽđŽ $NOT Urgent Alert: 2024's Biggest Scam? đŽđŽ
### Notcoin's Struggles
Notcoin has been on a downward spiral since its debut, with relentless sell-offs every minute. Despite significant social media buzz, the price has never gained traction.
### Major Concerns:
- **Disappointing Performance**: Constantly ranks among the top losers since its launch.
- **Market Dynamics**: Binance purchases were overshadowed by fresh inflows, resulting in further sell-offs. Most investors are now in the red, marking it as one of the worst investments of 2024 to date.
- **Community Resilience**: The strong community remains the only bright spot. Let's watch how this evolves.
đŒ **Source**: Binance Insights
#altcoins #ETHETFS #BlackRock #btcupdates2024
đ„ Get upto 100USDT for free!!đ
đ„Only 10 lucky winners!!đ€
đ„1ïžâŁstep: Follow me
đ„2ïžâŁstep:đ Like | đŹ Comment | âȘïž Share
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đ„ Best of luck !! đđ
#BTC #BullRunAhead ythedip #BinanceSquareFamily ceLaunchpool #etherreum HETFS #ETFvsBTC C $BTC BTC $ETH TH $BNB
đ„Only 10 lucky winners!!đ€
đ„1ïžâŁstep: Follow me
đ„2ïžâŁstep:đ Like | đŹ Comment | âȘïž Share
đ„Time remaining : 1 hourâł
đ„ Best of luck !! đđ
#BTC #BullRunAhead ythedip #BinanceSquareFamily ceLaunchpool #etherreum HETFS #ETFvsBTC C $BTC BTC $ETH TH $BNB
đŽđŽ $NOT Urgent Update, The Biggest Scam of 2024? đŽđŽ
Notcoin absolutely going downward, Since it's listing it never looked bullish, every second minute new sell-off. Despite having a bigger social media impact the price never got any momentum.
> The most dissapointed thing it's performance against market avarage since its launch. It's continuously positioned itself in Top loser section.
> Now Talk About Data, Binance Buys were heavily outbid by Fresh inflows into the exchange and that carried more sell-offs. Now most of the holders who bought any level are in loss, makes it one of the worst investment in 2024 ( Till now Of course)
> The community however stronger than ever. And that's the only positive of Notcoin. Let's se.....
đŒ Data Credit - Binance Insights
đ đŽđČđ·đ°đœđłđ đžđżđ 123
#Binance #NOT #Notcion
Notcoin absolutely going downward, Since it's listing it never looked bullish, every second minute new sell-off. Despite having a bigger social media impact the price never got any momentum.
> The most dissapointed thing it's performance against market avarage since its launch. It's continuously positioned itself in Top loser section.
> Now Talk About Data, Binance Buys were heavily outbid by Fresh inflows into the exchange and that carried more sell-offs. Now most of the holders who bought any level are in loss, makes it one of the worst investment in 2024 ( Till now Of course)
> The community however stronger than ever. And that's the only positive of Notcoin. Let's se.....
đŒ Data Credit - Binance Insights
đ đŽđČđ·đ°đœđłđ đžđżđ 123
#Binance #NOT #Notcion
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đ„đžđžđžMajor Investment Alert: $8 Million Acquisition of $PEPE at All-Time High
A crypto whale purchased a staggering 592 billion PEPE tokens, valued at approximately $8.2 million, during a significant price surge over the past two days.
This enormous purchase has sparked intense speculation among crypto enthusiasts. Some believe that the whale's bold move signals inside knowledge or confidence in PEPE's continued growth, especially given the coin's recent all-time high. Others, however, are more skeptical, suggesting that the buyer may be taking a risky gamble that could result in substantial losses.
Only time will tell whether this whale's decision will pay off or become a costly lesson in the unpredictability of the crypto market. For now, the crypto community watches with bated breath, eager to see how this dramatic investment will impact PEPE's future trajectory.
#PEPEâ #BinanceLaunchpool #ETHETFS #buythedip
A crypto whale purchased a staggering 592 billion PEPE tokens, valued at approximately $8.2 million, during a significant price surge over the past two days.
This enormous purchase has sparked intense speculation among crypto enthusiasts. Some believe that the whale's bold move signals inside knowledge or confidence in PEPE's continued growth, especially given the coin's recent all-time high. Others, however, are more skeptical, suggesting that the buyer may be taking a risky gamble that could result in substantial losses.
Only time will tell whether this whale's decision will pay off or become a costly lesson in the unpredictability of the crypto market. For now, the crypto community watches with bated breath, eager to see how this dramatic investment will impact PEPE's future trajectory.
#PEPEâ #BinanceLaunchpool #ETHETFS #buythedip
$ETH $$F3GBXWXZ$ETH R3HVE1I1$7UITV55T$$BNB 91LZHAAK#Binance 60OOXEF2#Binance Y5HQMA2P
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FOMC
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Urgent Urgent !!!!
Eth Update !!!!
Ethereum current price is around $2,365, and its next buying zone, where ETH has a good chance of reversing, should be between $2,280 and $2,230. Thereâs also a fair value gap at $2,180, which ETH could possibly fill this week. However, your best buying zone should be between $2,280 and $2,230.
#FOMC #NeiroOnBinance #BinanceLaunchpoolHMSTR #FTXSolanaRedemption #CPI_BTC_Watch
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