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Topic: 29 Year Old Legend In Crypto Trading - page 5. (Read 797 times)

sr. member
Activity: 2310
Merit: 332
February 13, 2022, 06:16:39 AM
#11
I don't understand what you want traders to discuss about him. You would have provided something like his strategy or something else about his success or failure to be discussed because trading isn't a straight thing to success immediately. He may have had his rise and fall before he got to where you or we could find him on Google search. So you can provide either YouTube video or what he wrote about his work. I'm sure this forum has gone traders that can contribute to whatever strategy he got. Nice job searching though and getting us the picture of
"29 Year Old Legend In Crypto Trading".
legendary
Activity: 2506
Merit: 3645
Buy/Sell crypto at BestChange
February 13, 2022, 04:09:53 AM
#10
Trading in cryptocurrencies is variable and therefore the old strategy may not be suitable to work on it in the future, for example, most cryptocurrencies were less than $100 several years ago, and therefore investing in any digital currency will make millions of dollars.

Arbitrage will get more difficult over time and people know it. I remember in 2017, the difference between stock exchanges was more than 30%, today it is rare to find such differences between reliable platforms with good market capacities and trading volumes.

Following the strategy of trading for rich people will not make you rich, and some methods require an initial investment of more than 10k dollars.
hero member
Activity: 2310
Merit: 757
Bitcoin = Financial freedom
February 13, 2022, 01:50:38 AM
#9
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.
legendary
Activity: 1638
Merit: 1156
February 13, 2022, 12:05:24 AM
#8
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.

Anyway I don't know if he's a legend crypto trader, I just know he's FTX's CEO.
mk4
legendary
Activity: 2716
Merit: 3817
Paldo.io 🤖
February 12, 2022, 11:54:59 PM
#7
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?

He and his team at Alameda Research are top-tier quantitative traders, and there's definitely no incentive for them to be sharing their trading strategies. Them sharing their successful strategies is like digging their own grave lol.
hero member
Activity: 1078
Merit: 509
Leading Crypto Sports Betting & Casino Platform
February 12, 2022, 10:49:10 PM
#6
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.
hero member
Activity: 2408
Merit: 564
February 12, 2022, 06:51:51 PM
#5
Looks like an interesting research and I didn’t know the successful traders will reveal his identity in the public.
He's actually a public figure. He's the owner of FTX so it's part of his "about me" thing as a public figure. But the good thing about this, someone like him is voicing out and not quiet about his success. We can get tips and ways on how to improve in trading if he's giving advise to everyone.  Well, for a busy man, he's not really obliged to do that but he's doing a good job.
full member
Activity: 2086
Merit: 193
February 12, 2022, 05:45:50 PM
#4
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?
He might not want to share that much, and I can’t find any video as well.
Owning a companies that came from crypto profit is a big thing, its good that he know where to put his money and as a successful trader, we always wanted to become like this. I don’t know if this is true or not, but I know many low key traders are really making good money in crypto market, they really work hard on this.
full member
Activity: 2128
Merit: 180
February 12, 2022, 05:31:48 PM
#3
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?
hero member
Activity: 2926
Merit: 722
February 12, 2022, 05:29:50 PM
#2
^You should provide out some links which doesnt really require for someone to log in or sign up before they could see the content.

So this one talks about Sam Bankman-Fried (https://en.wikipedia.org/wiki/Sam_Bankman-Fried)
CEO of FTX

We dont know about his story though on how he do able to obtain or owned this company.If this one claims about
holy grail of crypto trading then i do less likely on believing on it.
hero member
Activity: 1022
Merit: 667
Leading Crypto Sports Betting & Casino Platform
February 12, 2022, 04:23:32 PM
#1
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.


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