@weichonginsight His background in the AI industry naturally puts him on the cutting edge of trends, but compared to seasoned investors in finance, he's still too inexperienced and has been targeted by Wall Street.
@weichonginsight Earned 24 billion in two years, lost 20 billion in six days – that's faster than AI evolution. The direction was right, but leverage doesn't care about the direction; it only cares how long you can hold out.
@weichonginsight The more you want to make money, the more you lose. The more money you have and the more you can sit back and relax, the more money you make. When you're too eager to make money, your human weaknesses are exposed, and you're prone to exploding.
@muhanmode123 Yes, when making money, the brain weakens risk control, leading to high leverage and heavy positions, and one mistake can wipe out the entire account.
@muhanmode123 Yes, that's how it is with cryptocurrency trading. Many people with large sums of money, who should theoretically have an advantage, still can't resist the temptation to go all in, and end up getting liquidated and forced to leave the market.
@weichonginsight I think he's more like someone trying to scam deposits and run a Ponzi scheme, even though the fund he's created is just using other people's money.
@hash8867 It's all a mix of truth and fiction. The financial world also relies on storytelling and packaging. His resume is very impressive, which gives him a significant advantage in running a Ponzi scheme.