Leverage is crazy

If you full port a coin on 10x leverage, all you need is a 10% gain and you double your portfolio

Not sure why people don't do this more often

https://en.wikipedia.org/wiki/When_Genius_Failed

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

An intriguing deep dive into the collapse of Long-Term Capital Management, offering valuable lessons in risk, hubris, and the unpredictable nature of financial markets. A must-read for anyone interested in economic history and financial innovation.

When Genius Failed is a riveting insight into the chaos of financial markets and the hubris of intelligence. A must-read for anyone intrigued by the blend of economic brilliance and folly.

Embracing the Decentralized Revolution 🪙 & the Heir to the ultimate meme stash | Growth : https://linktr.ee/0xFemmie

Congratulations! Your cast has been curated by @femmie and featured on https://casterbites.com

Remember, any Farcaster user can send and vote for the best casts of the day

y need a lot of knowledge to be able to use leverage above 10x , people don't understand the risk of getting rekt in a blink of an eye 💀🥲