Ashdraked is a term that refers to a trader losing all of his investment capital.
Ashdraked is a slang term used in the crypto market and refers to an investor losing all his capital. This term is used when an investor unexpectedly encounters a large loss or loses his entire investment. The term Ashdraked was coined in 2014 by cryptocurrency exchange Mt. It is named after Mark Karpeles, the founder of Go. Mt. This term became widely used in the crypto community when thousands of investors lost large amounts of money with the bankruptcy of Go. The term Ashdraked serves as a warning to investors to consider risks and possible losses and emphasizes the need for caution.
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