Korean crypto trader says risk management key to $300M profit from 5K USDT

AOA, a pseudonymous South Korean crypto trader who reportedly turned less than 5,000 USDT into around 300 million USDT in profits by 2024, recently shared insights into his trading mindset in an interview with crypto exchange BitMEX. In a blog post published by the platform, AOA stressed the importance of risk management, noting that he limits potential losses to no more than 30% of his capital and avoids going all in on any single trade. He also said he prefers using 1.5 to 2x leverage and remains cautious about FOMO and the reliability of exchanges. Beyond trading, AOA offered a glimpse into his personal life. He said he is currently focused on dating and personal growth, and that he only posts online on DCinside and the BitMEX Trollbox. In a lighthearted aside, he mentioned licking the lid when opening a yogurt. He also described the Korean won as an “altcoin” in the current market. Looking ahead, AOA shared that his long-term goal is to build a happy family.