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KoreaSingleStockLeveragedETFTradingFalls
95,098 views
1,308 Discussing
**Korea's leverage experiment just blew up - $38.7B GONE 💥**
Korea launched 2x ETFs on Samsung & SK Hynix. Retail piled in with $212T volume.
Samsung fell 14% in a day. One guy lost his yearly salary in a month.
Government had enough:
- Deposit raised to $20k
- New ETFs banned
- 20% cap per investor
Volume crashed 83% - from 1.4T to 234B Won in 4 days.
This is why I say - **leverage kills.**
If stocks can do this, imagine what 100x does in crypto.
Are you still using high leverage?
#Bitcoin #Trading #CryptoNews#koreasinglestockleveragedetftradingfalls
True News
·5 Likes
·1.3k views
VietnamPilotsCryptoAssetMarket
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GoldFalls3.24%ThisWeek
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