> He said: "The first time I took it, I lost it all in about 20 minutes one night. The market moved very rapidly and I liquidated everything. The “liquidated”

> He said: "The first time I took it, I lost it all in about 20 minutes one night. The market moved very rapidly and I liquidated everything. The “liquidated” terminology suggests he was doing leveraged swap trading. This has nothing to do with crypto, aside from even more fun volatility. Buying and holding crypto has no liquidation possibilities, and assets don’t drop to losing everything in 20 minutes. If it does you should buy the dip because its usually just a supply hack specific to that specific crypto.