29 Year Old Legend In Crypto Trading - page 4.

Vaculin

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Winding down.

Quote from: Chato1977 on February 15, 2022, 04:16:13 AM

Quote from: ?? on ??

Bankman is a founder and CEO of FTX company he's goal is to make massive income from crypto currency not for himself which is for those kids whose living in the orphan. Infact next year his plan is to donate billion.. Well probably its a gift for him to help other people. Imagine he's a millioner/ billioner but he doesn't have any expensive things such cars, houses and etc. And his trading technique is very brilliant whrein he just sell bitcoin in other country exchanges when there's a big difference when it comes to the value.

Wow a modern superhero , what is his power? to trade? lol but this is admirable because we cannot find someone who has this heart for orphan .

I hope that 1 billion dollars to be donated will go to what needed to be funded and not in corruption or similar like that .

That makes him exceptional because he has always this heart for the charity. And knowing most of the legend traders, they are only good for themselves and focus more on how to improve and gain more wealth. But i believe people who have always been a great giver, are being blessed even more. So my salute to this young man, for being so selfless and great benefactor.

slaman29

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Take it easy guys. BusinessInsider is just a Forbes second tier list type of media. Forbes by the way is not as great as it used to be (well I personally don't think it was ever great but at least you had to pay a loooot of money to be on the magazine in the old days.

Now you only need a few hundred dollars to put an article on Forbes.

I've seen a hundred altcoin projects do it.

Chato1977

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Quote from: ?? on ??

Bankman is a founder and CEO of FTX company he's goal is to make massive income from crypto currency not for himself which is for those kids whose living in the orphan. Infact next year his plan is to donate billion.. Well probably its a gift for him to help other people. Imagine he's a millioner/ billioner but he doesn't have any expensive things such cars, houses and etc. And his trading technique is very brilliant whrein he just sell bitcoin in other country exchanges when there's a big difference when it comes to the value.

Wow a modern superhero , what is his power? to trade? lol but this is admirable because we cannot find someone who has this heart for orphan .

I hope that 1 billion dollars to be donated will go to what needed to be funded and not in corruption or similar like that .

bitterguy28

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Quote from: crzy on February 12, 2022, 04:31:48 PM

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?

Same question here, as traders tend to hide their identity for security then this one claiming to become billionaire because of trading?

or this is just another advertising for His own company?

Quote from: ?? on ??

Bankman is a founder and CEO of FTX company he's goal is to make massive income from crypto currency not for himself which is for those kids whose living in the orphan. Infact next year his plan is to donate billion.. Well probably its a gift for him to help other people. Imagine he's a millioner/ billioner but he doesn't have any expensive things such cars, houses and etc. And his trading technique is very brilliant whrein he just sell bitcoin in other country exchanges when there's a big difference when it comes to the value.

so this man is a good samaritan ?I hope he is indeed true to His words and not just using this for publicity , using orphan so many good investors and people will help his company to go strong .

worle1bm

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You can also see his some videos in which he said the main idea stuck him in past when he noticed the price differentiation in US and japan of which he took advantage and made his first million and then his company slowly progressed into FTX the leading exchange with main office in Hong Kong.He is perfect example of how can you take early advantage of this crypto market and you could see FTX partnership these days with major business and they are expanding their business.

But he has his own idea and you are need to build yours if you want to grow and succeed in life.

TelolettOm

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This is a quite mature age to become established and successful in my opinion. Especially at this age, many people maximize themselves and their potential, whatever it may be.
And from the many trading results, from the business results he did, it was really a lot. Yes, of course, if conditions still run smoothly and there are no obstacles, he can retire easily, enjoy his old age more easily.

This indeed proves that the crypto industry has succeeded in giving birth to many newly rich people who have the potential not only to be rich but to develop a business there. There are also many people like him probably all over the world. But not yet exposed.

sheenshane

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Quote from: Yamifoud on February 13, 2022, 06:39:50 PM

Quote from: sheenshane on February 13, 2022, 06:06:50 PM

-snipped

I don't believe them either. Although they are smart but doesn't mean that they are smart in all things like trading. Let's say he is good at trading but I don't believe he is able to teach and give all the tips in trading which is not for sure. This is a sort of marketing strategy to encourage people to try FTX exchange and make use of this platform for trading.
Yes, what he does is manipulate traders to join him in order to get some tips and he could make benefit from it, not these traders.

But I think that's normal if you're an exchange owner, being a mentor of trading isn't mean manipulations but maybe it's a way to encourage people to try trading using his own platform, maybe it's a sort of marketing strategy but I didn't see anything wrong about that.

There are a lot of people that are good at trading and also an owner of exchange but never heard about calling themselves a legend of crypto trading.
Maybe back then, he was so lucky and able to manage to win the arbitrage trading and make himself become a millionaire and that was the time the market becomes bullish.

Wiwo

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Quote from: Alisha-k on February 13, 2022, 05:16:36 PM

I was hoping you'd provide a link which would make it very easy for us to be able to access.
Well, Sam Bankman-Fried is a very great guy, he's being doing wonderfully well and making waves in the crypto system.
One thing I like so much about him is his selflessness and willingness to share all he has acquired with the less privileged and poor.

What other link do you want on the thread as far as a know I included the link to the article, just take a look over the thread once again you will fine the appropriate link there.
Once again Bankman have grown wide knowledge on cryptocurrency trading and willing to share such knowledge but you should subject his suggestions to your own personal research before you apply his technique to your trading formula.

Vaskiy

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He's a most generous billionaire in the world. He lives with ten room mates in Bahamas. He doesn't own a mansion or Lamborghini as other billionaires. He is something different from other billionaires of the world. His wish is to donate what he have earned to the charity and the needy. He have been doing it through his FTX. He's a common man who understands the need of common people. He's really a legend in trading, because his initial days of arbitrage trading has made him a billionaire.

Mpamaegbu

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Quote from: Johnyz on February 12, 2022, 04:45:50 PM

He might not want to share that much, and I can’t find any video as well.

He already revealed much about himself according to the article OP shared here https://www.businessinsider.com/crypto-trading-tips-ethereum-outlook-young-billionaire-sam-bankman-fried-2021-5?r=US&IR=T which I even think it's against the mouthed principle of privacy. To be candid, I'm not so sure why Bankman would reveal his transactions. I've tried to see how it's even going to help his crypto business as I don't know him to be running a trading class or mentorship. Maybe he does, but I haven't seen anything about him in such. If anyone knows, kindly share with the rest of us.

adaseb

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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.

Yamifoud

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Quote from: sheenshane on February 13, 2022, 06:06:50 PM

Did you know that this Sam Bankman is almost the same as Elon Musk, he is also the most influential person last year but I think he didn't make some noise at all, not like Elon Musk. I believe he is a very intelligent person because maybe that is their inheritance, his father was a Stanford Law School professor which is I believed a very smart person too.

Quote from: taufik123 on February 13, 2022, 12:40:57 PM

Sam Bankman-Fried is a graduate of MIT University and of course he is very intelligent.

But do you believe he isn't good in coder as what he said?

I don't believe them either. Although they are smart but doesn't mean that they are smart in all things like trading. Let's say he is good at trading but I don't believe he is able to teach and give all the tips in trading which is not for sure. This is a sort of marketing strategy to encourage people to try FTX exchange and make use of this platform for trading.
Yes, what he does is manipulate traders to join him in order to get some tips and he could make benefit from it, not these traders.

sheenshane

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Did you know that this Sam Bankman is almost the same as Elon Musk, he is also the most influential person last year but I think he didn't make some noise at all, not like Elon Musk. I believe he is a very intelligent person because maybe that is their inheritance, his father was a Stanford Law School professor which is I believed a very smart person too.

Quote from: taufik123 on February 13, 2022, 12:40:57 PM

Sam Bankman-Fried is a graduate of MIT University and of course he is very intelligent.

But do you believe he isn't good in coder as what he said?

24Kt

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Quote from: stadus on February 13, 2022, 04:37:51 PM

Quote from: taufik123 on February 13, 2022, 12:40:57 PM

Sam Bankman-Fried is a graduate of MIT University and of course he is very intelligent. Becoming rich is his goal, but the wealth he does not enjoy for himself, all the wealth is given to charity for various reasons.
It's rare to find someone like Sam. Technically he made his fortune by exploiting every difference in the price of bitcoin in different countries and this is also called Arbitrage. He is the founder and CEO of FTX, a cryptocurrency exchange and he also manages assets through Alameda Research, a quantitative cryptocurrency trading firm he founded in October 2017.

Generally, he is young and he's great. He is making a fortune not to prove to himself that he is good enough, but to help for those who are in charity.

"It's not just like, how do you do some good with your life, but if you want to do as much good as possible what do you focus on," said Mr Bankman-Fried, who has pledged to give away almost all of the wealth he will have made. Its rare to find people like him that is so selfless and is willing to help others in need. And for that, he's more blessed than what he expected. Source:https://www.ndtv.com/business/sam-bankman-fried-29-heads-crypto-exchange-worth-billions-2765736

We all just hoping that a lot of people will be like him. Earning riches not because for his own selfish reason but to help other people. Indeed, very few people with his status can dedicate most of their wealth in helping others. He may already found his true purpose in his life why he can gladly share his earnings to charity. Because for most wealthy people, they won't do such noble act, because their reasoning is they worked hard to reached such status. Now that I learned about this info about the owner, I am looking at FTX differently now.

Alisha-k

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I was hoping you'd provide a link which would make it very easy for us to be able to access.
Well, Sam Bankman-Fried is a very great guy, he's being doing wonderfully well and making waves in the crypto system.
One thing I like so much about him is his selflessness and willingness to share all he has acquired with the less privileged and poor.

stadus

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Quote from: taufik123 on February 13, 2022, 12:40:57 PM

Sam Bankman-Fried is a graduate of MIT University and of course he is very intelligent. Becoming rich is his goal, but the wealth he does not enjoy for himself, all the wealth is given to charity for various reasons.
It's rare to find someone like Sam. Technically he made his fortune by exploiting every difference in the price of bitcoin in different countries and this is also called Arbitrage. He is the founder and CEO of FTX, a cryptocurrency exchange and he also manages assets through Alameda Research, a quantitative cryptocurrency trading firm he founded in October 2017.

Generally, he is young and he's great. He is making a fortune not to prove to himself that he is good enough, but to help for those who are in charity.

"It's not just like, how do you do some good with your life, but if you want to do as much good as possible what do you focus on," said Mr Bankman-Fried, who has pledged to give away almost all of the wealth he will have made. Its rare to find people like him that is so selfless and is willing to help others in need. And for that, he's more blessed than what he expected. Source:https://www.ndtv.com/business/sam-bankman-fried-29-heads-crypto-exchange-worth-billions-2765736

taufik123

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Sam Bankman-Fried is a graduate of MIT University and of course he is very intelligent. Becoming rich is his goal, but the wealth he does not enjoy for himself, all the wealth is given to charity for various reasons.
It's rare to find someone like Sam. Technically he made his fortune by exploiting every difference in the price of bitcoin in different countries and this is also called Arbitrage. He is the founder and CEO of FTX, a cryptocurrency exchange and he also manages assets through Alameda Research, a quantitative cryptocurrency trading firm he founded in October 2017.

JooBra

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Quote from: Fesatmas on February 13, 2022, 11:58:14 AM

Say has heard his story in several media and articles that tell his story. Honestly, for me personally, it is very inspiring especially with the income being donated to people out there who really need help. Even his daily life is far from luxurious, that's one example of how life gives benefits to other people. He started after graduating college with arbitrage trading. If I'm not mistaken at that time he took advantage of the price of Bitcoin in Japan and in the US which was about $1000 difference, and he did it every day. However, I forgot the article that described it so I can't share it here.

People just need to be on top of their game since the chances he took are out there. It's good to hear from his interviews the way he thinks so you can use it in some way.

Fesatmas

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Say has heard his story in several media and articles that tell his story. Honestly, for me personally, it is very inspiring especially with the income being donated to people out there who really need help. Even his daily life is far from luxurious, that's one example of how life gives benefits to other people. He started after graduating college with arbitrage trading. If I'm not mistaken at that time he took advantage of the price of Bitcoin in Japan and in the US which was about $1000 difference, and he did it every day. However, I forgot the article that described it so I can't share it here.

GreatArkansas

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Quote from: Jawhead999 on February 12, 2022, 11:05:24 PM

He made billion dollar from arbitrage trading on 2017-2018, nowadays many people already know arbitrage trading... but it's really hard to find exchanges which offer lowest and highest price due to a lot improvement and normal price. Now each exchanges only has <1% prices difference excluding trading fees and withdrawal, I don't think arbitrage trading still worth now.

Exactly, compared back to the days that arbitrage trading are profitable. I am also curious about arbitrage trading before, it's like easy money though especially like how Sam Bankman Fried explain it in one of the interviews to him by Nas, explaining how they make millions by just arbitrage trading,
do they don't have any losses here? Or is any downsides or negative effects for doing it?

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