Former Google CTO Sells All Bitcoin Holdings, Cites Significant Financial Loss

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BlockBeats News, June 27th, Former Google YouTube App Architecture Tech Lead Patrick Shyu tweeted that he has 「sold all of his Bitcoin and suffered a massive financial loss. Bitcoin has dropped from a high of $120,000 in October last year to just over $60,000 this summer, a 50% drop. There is no preparation for the psychological impact of such a market on your mind, especially when you are using leverage... My leverage was too high. A small mistake led to dire consequences.」

Sumber: BlockBeats

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