According to @QCompounding, Jesse Livermore turned a $10,000 investment into $500,000 by betting on Northern Pacific Railway in 1901 and made $1 million in a single day by shorting the market before the 1907 panic. Even JP Morgan intervened, urging Livermore to stop shorting to stabilize the market (source: @QCompounding, June 3, 2025). These historical trading strategies highlight the importance of timing and risk management, offering valuable lessons for cryptocurrency traders seeking to capitalize on market volatility and downturns.