How Does a Fourteen Grand Loss Pay Off

Patrick McMahon lost £14,000 to a second Ponzi scheme after doubling his money in his first one.

Patrick McMahon started trading at 18 after a stock brokerage account would not open, so he moved into cryptocurrency instead. He put around £4,000 into a DeFi protocol that turned out to be a Ponzi scheme and walked away with double his money. He had first tried to open a stock brokerage account at 18 but it would not work, so he turned to cryptocurrency instead. The loss pushed him to learn how real professional trading worked, reading traders like Livermore. He later built the Axiom algorithm to automate the data analysis he had been doing manually for hours a day.

Follow Patrick Instagram: https://instagram.com/Crypto.Pat.25 YouTube: https://youtube.com/@Mcmahon683