⚡ A trader named James Wynn has recently become popular. He went long on Bitcoin with 40x leverage and made a profit of $40,000 in just three days.
This operation seems crazy, but what does it reflect behind it? Leverage trading in the crypto market carries both risks and opportunities. The ample liquidity of Bitcoin indeed provides aggressive traders with the space to experiment — but the premise is that you must have the capital to withstand drawdowns and, more importantly, have trading discipline.
In the crypto market, information asymmetry is crucial. First-hand market trends, on-chain data, capital flows... these can all affect short-term trends. Many retail investors lose money because they react slowly and make chaotic decisions. Instead of blindly following the trend, it's better to carefully study the market rhythm and find a trading logic that suits you.
Leverage is a double-edged sword; used well it can double your returns, but used poorly it can lead to liquidation. The case of James Wynn reminds us that the crypto market always rewards those who are prepared.
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RamenDeFiSurvivor
· 17h ago
With 40x leverage, he made 40,000 in three days; this guy is really something... But I still have to say, this is a typical case of survivor bias, no one remembers those who got liquidated.
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LiquidationKing
· 12-23 12:03
With 40x leverage, making 40,000 in three days sounds great, but I still think it's crazy. Most people playing this are just material for getting liquidated.
It really comes down to information spread and reaction speed; retail investors die right here, being three beats slow directly gets them eaten.
Having capital indeed allows for recklessness, but for those without capital, it's not worth the risk.
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MerkleTreeHugger
· 12-23 11:53
Using 40x leverage to earn 40,000 in three days sounds great, but I still think it's risky. What if there's a pullback? It could end up being a total loss.
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NightAirdropper
· 12-23 11:50
40x leverage made 40,000 in three days? I literally sleepwalked to the exchange, is this guy really that ruthless or is the account someone else's?
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hodl_therapist
· 12-23 11:44
40x leverage for 40,000 in three days, this guy is either a genius or a lucky one, anyway, I don't have that kind of courage.
⚡ A trader named James Wynn has recently become popular. He went long on Bitcoin with 40x leverage and made a profit of $40,000 in just three days.
This operation seems crazy, but what does it reflect behind it? Leverage trading in the crypto market carries both risks and opportunities. The ample liquidity of Bitcoin indeed provides aggressive traders with the space to experiment — but the premise is that you must have the capital to withstand drawdowns and, more importantly, have trading discipline.
In the crypto market, information asymmetry is crucial. First-hand market trends, on-chain data, capital flows... these can all affect short-term trends. Many retail investors lose money because they react slowly and make chaotic decisions. Instead of blindly following the trend, it's better to carefully study the market rhythm and find a trading logic that suits you.
Leverage is a double-edged sword; used well it can double your returns, but used poorly it can lead to liquidation. The case of James Wynn reminds us that the crypto market always rewards those who are prepared.