$44M profit, 400 liquidations, and ...... bada-bum minus $83M 🤪 at the end. This is the story of Machi Big Brother.
If you thought that after a few failed trades it was time to stop, then Machi lives by different rules. In the last 24 hours, his long on ETH was liquidated twice, and he lost another $2.5M. After that, about $180K in margin remained on his account, but instead of stepping away from the market, he’s already started opening new positions.
What’s most interesting is that back in September of last year his profit was $44.8M. Seemingly, you could lock in the result and just live. But then the real catastrophe began: over the next almost year, Machi racked up around 400 liquidations and ended up down $83.2M.
This is a classic example of how the desire to “win it back” can turn into an endless series of losses. After a big profit, many start increasing risk, and every next loss only pushes them toward even more aggressive bets.
Yet he still doesn’t stop. It seems like his main strategy right now is to get the lost money back at any cost.
The market can forgive one mistake. But when a trader starts fighting not the market, but their own losses, it often ends even worse.
#UkrainianContent
If you thought that after a few failed trades it was time to stop, then Machi lives by different rules. In the last 24 hours, his long on ETH was liquidated twice, and he lost another $2.5M. After that, about $180K in margin remained on his account, but instead of stepping away from the market, he’s already started opening new positions.
What’s most interesting is that back in September of last year his profit was $44.8M. Seemingly, you could lock in the result and just live. But then the real catastrophe began: over the next almost year, Machi racked up around 400 liquidations and ended up down $83.2M.
This is a classic example of how the desire to “win it back” can turn into an endless series of losses. After a big profit, many start increasing risk, and every next loss only pushes them toward even more aggressive bets.
Yet he still doesn’t stop. It seems like his main strategy right now is to get the lost money back at any cost.
The market can forgive one mistake. But when a trader starts fighting not the market, but their own losses, it often ends even worse.
#UkrainianContent