🚨This mistake made him lose 1 million dollars in a few hours🤯, here is the story of an investor👇

Tonight at 1 a.m., @cryptonerd75 goes to Binance to check a position he had

This position represented 1.15M dollars, or his entire capital💸

All placed on a trade with a leverage of x3, on a shitcoin, called PEPE

The use of levers is strongly discouraged for the most novice❌

Because the movements are multiplied📉📉

In this case, with a leverage x3, it was enough for the PEPE to lose 33.33% for its position to be liquidated

And let him lose EVERYTHING!😳

And this is what unfortunately happened last night, PEPE followed Bitcoin and lost more than 30% in a few hours 📉

➡️As you can imagine, his position was liquidated and his million dollars vanished!💸

💎What mistakes did he make?

🔸 Poor management of capital:

👉Invest all of your capital without keeping anything to live on❌

🔸 Poor risk management

👉Open a position with more than 5% of your capital❌

👉Having such great confidence in a shitcoin❌

🔸 Poor diversification

👉Focus on a single asset❌

🔸 Use of leverage, without prior knowledge

Today he finds himself with 0$ in his pocket, nothing left to live on

👉But above all he finds himself at the bottom of the abyss

I quote: “I want to kill myself”

He had been on the Crypto market since 2017, showing that seniority does not necessarily mean expertise❌

Today I wish him to get through it and get back up stronger. But above all to learn from these mistakes

And start learning more 📈

Good luck to him!

🟢Subscribe if you want to learn how to not make the same mistakes as him 🚀