Pages:
Author

Topic: 29 Year Old Legend In Crypto Trading - page 3. (Read 873 times)

hero member
Activity: 2856
Merit: 667
February 18, 2022, 05:21:43 PM
#51
Looks like an interesting research and I didn’t know the successful traders will reveal his identity in the public. I also got curious about how he make millions of money in crypto trading, will always look for the articles or video about his success stories and tips, is there any video about his trading activity?
A successful trader always make gesture of itself, using as a reference to improve the motivation of offspring traders or newly developing traders. When you said you are curious about how a trader makes millions, i felt astonished, because trader makes their money through curiosity, seriousness, consciousness and potentiality of the nature of trade they adventure into, so all traders is liable to adventure into profit or lost at a moment, so any trader is a risk taker.
You won't be trading in the first place if there is no visible profits ahead. That is why traders are born to make profits, but not all the time as they are also susceptible into committing losses. And i'm just glad that some traders are fortunate enough that they end up having millions or billions as their profits. And Sam Bankman-Fried is one of them that has a very good intention of helping others in need and donating into some good charities.  So if you are in his shoe, would you rather stay out of public and not sharing good stories to convince other traders to help too? 
legendary
Activity: 3248
Merit: 1179
February 18, 2022, 04:26:06 PM
#50

So I was searching the Internet for available legends in the world of cryptocurrency trading that have been able to develop a strategy that deliver a passive trading gains and I stumble on this legend called Sam Bankman who is on forb list of crypto billionaires who have broken some record are are able to share their tips.


He was not alone in the list there are even kids in crypto that are doing too good.

These 14- and 9-year-old siblings earn over $30,000 a month mining cryptocurrency

Twelve-year-old boy makes £290,000 from whale NFTs

Beauty of crypto is that its open for everyone there are no regulations and everyone is free to join in.

I think the list is longer... I am not sure can we include Changpeng Zhao, commonly known as "CZ", his net worth is around $96.5 billion, and I am pretty sure he has some crypto on a side nobody knows about!

How many anonymous people there are who made a fortune with crypto but they didn't go public in any way?! I think there are many of them... simply when we look at the last 10 years and all the coins and tokens in that time... and compare prices from 2015 (just an example) with the ones now! It's pretty clear that many people made a fortune with crypto! Some people more, some less, but we are all in profit!

Congrats to this guy for becoming a billionaire! He found a way and he got the best from it! Take some advice from him, but don't follow... that was his way, you need to find your own!
hero member
Activity: 3052
Merit: 685
February 18, 2022, 03:42:32 PM
#49
This guy was born on campus of Stanford University to law professors, so he was very much born into privilege. I like it that the guy is smart, has contemporary and very reasonable political and ethical views, and is into donating money. My question is, can we believe that he made his fortune by crypto trading? Not, say, hodling BTC from some early years (which he bought with, say, the money from his rich family), and he didn't simply transfer the wealth he already had (or his family had) into crypto trading? I'd take any trading advice with a grain of salt, especially, if there's no proof that a person giving the advice is actually a very good trader with positive overall record.
If he's into crypto for a long time, then i believe that trading is not only his job but he's also making some huge investments in crypto that made him more generate profits. Its just that he is known as a legend trader because its his focus and its the thing that making him more profitable. Looking forward, this young guy is not just a legend in trading but definitely a good samaritan too as he always make sure that most of his earning will be donated into charities. Such a very selfless person, no wonder why he is getting huge blessings so he can help more people in the society.
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
February 18, 2022, 03:25:06 PM
#48
Looks like an interesting research and I didn’t know the successful traders will reveal his identity in the public. I also got curious about how he make millions of money in crypto trading, will always look for the articles or video about his success stories and tips, is there any video about his trading activity?
A successful trader always make gesture of itself, using as a reference to improve the motivation of offspring traders or newly developing traders. When you said you are curious about how a trader makes millions, i felt astonished, because trader makes their money through curiosity, seriousness, consciousness and potentiality of the nature of trade they adventure into, so all traders is liable to adventure into profit or lost at a moment, so any trader is a risk taker.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
February 18, 2022, 03:16:09 PM
#47
He took the right step by building his own exchange, a good way of helping the ecosystem. Another truth he said about trading, is that "people tend to jump into trading without any creative research or background". Traders should learn from the experts so that they will improve in their trading performance. Most traders lose so much money because they didn't learn thoroughly how the trading niche works.


The main problem of most traders is that they enter the market without knowing about trading and keep on making losses. In fact, they are influenced in many ways by trading in the hope of making a profit, but the influencers never tell them the story behind it. When a trader enters the market after acquiring trading knowledge, that trader has the ability to take trades according to the market conditions. Before entering the crypto market, you should follow all the traders who share information to develop trading skills instead of sharing screenshots of profit.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
February 18, 2022, 02:26:41 PM
#46
This guy was born on campus of Stanford University to law professors, so he was very much born into privilege. I like it that the guy is smart, has contemporary and very reasonable political and ethical views, and is into donating money. My question is, can we believe that he made his fortune by crypto trading? Not, say, hodling BTC from some early years (which he bought with, say, the money from his rich family), and he didn't simply transfer the wealth he already had (or his family had) into crypto trading? I'd take any trading advice with a grain of salt, especially, if there's no proof that a person giving the advice is actually a very good trader with positive overall record.
hero member
Activity: 2828
Merit: 611
February 18, 2022, 01:33:44 PM
#45
Of course, it invested a lot of knowledge before this guy earn a lot of money this is the reason why it's better in the crypto world even though there's a risk of course knowledge is the best thing to have. This kind of news is the reason why there are a lot of newbies in cryptocurrency who would like to join this world because of the profit they saw, of course, a few of them just the hard work of this man to become a millionaire. But still, it's not too late to the pace of other people who want into it.
Well, a lot of things that we do, we usually do it for the profit that would come out of it. So it is normal for someone to engage in something because they want to get profit, but what matters a lot is if you are ready to learn and have patience in the process of trying to achieve your goals.

A lot of people are always in a hurry, and they are not able to have that patience which would make them end up being the ones who lose. But, if you are able to take your time, grab the skills and knowledge that are involved in this, you would be able to achieve a lot through cryptocurrency. It is not something that you will have to be in a hurry, or allow yourself to be pushed by greed, if that is it, you’re just going to be the one losing,because there’s nothing here to be achieved by people who are filled with greed and lack of patience.
sr. member
Activity: 1694
Merit: 299
February 18, 2022, 05:23:01 AM
#44
A 29-year-old crypto billionaire who's perfected digital-currency arbitrage shares 2 tips for investors looking to get started in trading — and explains why ether is unlikely to surpass bitcoin
So I was searching the Internet for available legends in the world of cryptocurrency trading that have been able to develop a strategy that deliver a passive trading gains and I stumble on this legend called Sam Bankman who is on forb list of crypto billionaires who have broken some record are are able to share their tips.
I am aware of FTX for long, but I’ve never really taken interest to know who the founder is, and is quite interesting to get to know that it is a really young person and also a billionaire made by cryptocurrency. Stories like this can encourage other youngsters who are aiming for as high as this and would like to reach this level.

When they get to hear and see stories of people that were able to make it in this same platform, they would be encouraged to put in more hard work to achieve their goals. And recently I saw news about FTX among cryptocurrency platforms that got featured on the Super bowl, that’s really a good achievement being one of the firsts to be featured in such.
full member
Activity: 1204
Merit: 110
February 17, 2022, 01:44:02 PM
#43

So I was searching the Internet for available legends in the world of cryptocurrency trading that have been able to develop a strategy that deliver a passive trading gains and I stumble on this legend called Sam Bankman who is on forb list of crypto billionaires who have broken some record are are able to share their tips.


He was not alone in the list there are even kids in crypto that are doing too good.

These 14- and 9-year-old siblings earn over $30,000 a month mining cryptocurrency

Twelve-year-old boy makes £290,000 from whale NFTs

Beauty of crypto is that its open for everyone there are no regulations and everyone is free to join in.
hero member
Activity: 2114
Merit: 619
February 17, 2022, 01:16:23 PM
#42
A 29-year-old crypto billionaire who's perfected digital-currency arbitrage shares 2 tips for investors looking to get started in trading — and explains why ether is unlikely to surpass bitcoin

So I was searching the Internet for available legends in the world of cryptocurrency trading that have been able to develop a strategy that deliver a passive trading gains and I stumble on this legend called Sam Bankman who is on forb list of crypto billionaires who have broken some record are are able to share their tips.



This legend has altogether different strategy and I think it's definitely not based on technical analysis, his strategy is more like the strategy of renaissance technologies which uses quantitative methods to compute each trade and only then enter into the trade. The entry, exit & SL, even the lot size is decided way in advance, and considering the huge portfolio sizes of these funds they also have to take care of the timing while accumulating various coins, because they definitely can't do in just one buy order. They accumulate over a period of time and then distribute over a period of time too.
hero member
Activity: 2688
Merit: 588
February 17, 2022, 11:08:38 AM
#41
Yes I saw a quick documentary about him.  I think it was posted on Twitter it was like 3-4 minutes long. However it describes how he wanted to get rich to give his money away to charity.

He started with arbitrage and then later on was a market maker. And then he opened his exchange. He made most of his wealth by reinvesting his profits into BTC ETH and SOL was very profitable.

He bought SOL at $3 at the bottom pretty much. And made very well if he sold some back in November or so. He is a pretty cool guy in my opinion.
Can you share the link here if ever you have it on your twitter profile? Just want to watch how this guy speaks because I am now inspired by him. Nice to know that there are people left on this earth that are not selfish but want to get rich because they want to help people that are in need. Why cannot some people be like him? He is 29 year old. Not too young and not too old to become a billionaire but before there was also a young guy that become a billionaire thru crypto investing.

It is amazing how cryptos can changed lives. Crypto is really a blessing for the people like them. We can follow the tips that they share in hopes that we can be successful too in the future.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
February 17, 2022, 10:50:16 AM
#40

I think it’s great Sam Bankman has had so much success in the crypto space.

I think when people experience envy with other peoples success it’s really a reflection of their fear.

I think it’s great that he’s done well and wonderful that he’s given a significant portion of his money to charity. I’ve read that supposedly he’s a stand-up guy.
Exactly Sam case is different compared to many others who have experienced some level of success in trading but yet choose to remain anonymous and do not share the profits with any charity or individual but Sam Bankman has a different mindset first he is willing to share his experience for free and thereafter dished out a large some of his profits to charity these actions are commendable.
It is rare to see someone like Sam's case because most people out there can't act like him and everything is calculated based on value. Maybe they need to know that the more we can share with others, the more results we will get.

It's from the Law of Attraction book, if I'm not mistaken, because I read quite a bit about it. Back on topic, maybe we can hope that in the future, more people like Sam will be willing to teach others or share their experiences for free so that more people will join.
hero member
Activity: 1722
Merit: 801
February 17, 2022, 10:10:48 AM
#39
Looks like we need a new strategy to use an advantage when trading in crypto market since arbitrage isn't that profitable these days. Early days are always profitable for those who invest and make use of it as long as there aren't much people knew about it. He's like the creator of Facebook on early days who gain massive support from the people around the world and then become a billionaire. Although his style of making money is different but he's the best example of a consistent person who doesn't waste opportunity when it's available he grab it.
Arbitraging is not a new strategy as same as many trading strategies and investment but only very few people can succeed. A same method, strategy but it works for a few and fail for the most in the crowd. Because people have different characteristics as well as psychological response in the market. In addition, in market, the most importance is to control your emotion and try to not do something stupid. I know it applies for investment but I want to expand it to trading as well and I believe it is right.

Trading or investment with whatever methods, strategies, less than 20% of people can get profit.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
February 17, 2022, 08:33:22 AM
#38

I think it’s great Sam Bankman has had so much success in the crypto space.

I think when people experience envy with other peoples success it’s really a reflection of their fear.

I think it’s great that he’s done well and wonderful that he’s given a significant portion of his money to charity. I’ve read that supposedly he’s a stand-up guy.
Exactly Sam case is different compared to many others who have experienced some level of success in trading but yet choose to remain anonymous and do not share the profits with any charity or individual but Sam Bankman has a different mindset first he is willing to share his experience for free and thereafter dished out a large some of his profits to charity these actions are commendable.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
February 17, 2022, 04:03:39 AM
#37
Of course, it invested a lot of knowledge before this guy earn a lot of money this is the reason why it's better in the crypto world even though there's a risk of course knowledge is the best thing to have. This kind of news is the reason why there are a lot of newbies in cryptocurrency who would like to join this world because of the profit they saw, of course, a few of them just the hard work of this man to become a millionaire. But still, it's not too late to the pace of other people who want into it.
hero member
Activity: 2814
Merit: 576
February 17, 2022, 03:54:07 AM
#36
I think it’s great Sam Bankman has had so much success in the crypto space.

I think when people experience envy with other peoples success it’s really a reflection of their own fear.

I think it’s great that he’s done well and wonderful that he’s given a significant portion of his money to charity. I’ve read that supposedly he’s a stand-up guy.
Such a very humble man and at his very young age, he's now considered as one of the top 70 richest people on the planet.  And he's not just a legend trader but also has a good heart on donating most of his income to different charities. And as he quote, "If you're trying to have a lot of positive impact in the world, it's probably going to be things that people end up seeing." No wonder why his estimated donations has already reached $50-100 million from all his different work charities. Source: https://www.ndtv.com/business/sam-bankman-fried-29-heads-crypto-exchange-worth-billions-2765736
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
February 17, 2022, 02:12:20 AM
#35
I think it’s great Sam Bankman has had so much success in the crypto space.

I think when people experience envy with other peoples success it’s really a reflection of their own fear.

I think it’s great that he’s done well and wonderful that he’s given a significant portion of his money to charity. I’ve read that supposedly he’s a stand-up guy.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
February 15, 2022, 10:27:32 PM
#34
Its just an information and he can't teach anyone to become a billionaire now and no one is going to do it either.

Arbitrage trading was good but nowadays its rare to find price difference for a coin with enough volume to make money so if someone wants to become then they need to find a new way.
Looks like we need a new strategy to use an advantage when trading in crypto market since arbitrage isn't that profitable these days. Early days are always profitable for those who invest and make use of it as long as there aren't much people knew about it. He's like the creator of Facebook on early days who gain massive support from the people around the world and then become a billionaire. Although his style of making money is different but he's the best example of a consistent person who doesn't waste opportunity when it's available he grab it.
We don't know actually how he made it because lot of people are also doing arbitrage trading at that time but only few become super rich just like who is mentioned in OP, either ot happened due to his compounding skills or manipulated something and make use of it but for now these are rare opportunity so its not really going to make anyone super rich.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
February 15, 2022, 03:20:03 PM
#33
He took the right step by building his own exchange, a good way of helping the ecosystem. Another truth he said about trading, is that "people tend to jump into trading without any creative research or background". Traders should learn from the experts so that they will improve in their trading performance. Most traders lose so much money because they didn't learn thoroughly how the trading niche works.

That is just the way it is, many people believe that in order to be good at anything you need talent, so they think they can come to this market and trade and if they lose then they had no talent for it and if they succeed then they were talented and keep going.

However we know that in order to get good at anything then hard work is necessary, if you actually do your best to learn how to trade then you will be way ahead of the competition and even if at the beginning the profits will not be great at least you will have some, which is way better than what the majority of the market participants can say.
sr. member
Activity: 2506
Merit: 368
February 15, 2022, 02:57:13 PM
#32
Its just an information and he can't teach anyone to become a billionaire now and no one is going to do it either.

Arbitrage trading was good but nowadays its rare to find price difference for a coin with enough volume to make money so if someone wants to become then they need to find a new way.
Looks like we need a new strategy to use an advantage when trading in crypto market since arbitrage isn't that profitable these days. Early days are always profitable for those who invest and make use of it as long as there aren't much people knew about it. He's like the creator of Facebook on early days who gain massive support from the people around the world and then become a billionaire. Although his style of making money is different but he's the best example of a consistent person who doesn't waste opportunity when it's available he grab it.
Pages:
Jump to: