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Day traders flock to ‘the most dangerous product in crypto’
On certain corners of TikTok, baby-faced investors flaunt the sports cars and villas they claim to have bought with their winnings on highly leveraged “perps”.
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cryptobriefing.com
US day traders flock to the most dangerous product in crypto
US day traders are piling into perpetual futures contracts offering up to 100x leverage, despite data showing 70-97% of day traders lose money over time.
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afr.com
Day traders flock to ‘the most dangerous product in crypto’
On certain corners of TikTok, baby-faced investors flaunt the sports cars and villas they claim to have bought with their winnings on highly leveraged “perps”.