Reckless, dumb money.

That's the only way to describe that level of margin trading with a complete disregard for risk management principles.

As I said in one of the comments above, if a trader isn't managing their risk properly, then sure they can win 99/100 of their trades but it only takes 1 to go against you and it's game over.

1!

This so-called Bitcoin crash, was the 1.

Those that got truly wrecked margin trading during this crash can't honestly explain how they properly managed their risk.

Dumb money!

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