I was 17 with $150
doubled with LTC to $300
BTC at $1k crashing to $100
2013-2016 cucked
btc, altcoin, forex, derivatives trades
Losing & reload account
Touched 1Mil
Lost 90% markets dying
MADE IT ALL BACK to lose again
Coping, BACK, lose, half back
What I try to say is
Every fucking time I had that I can become a trader for a living, i fucked up
It's too much pressure.Also take care of my mother & little sister
Too risky trades bc opportunity might not be there tomorrow
Becoming a real one for a living almost impossible
The maths just doesn't add up
Whenever the losing streak or time comes in with bills to pay blocking your account to grow and shrink
Well you need even better trades % to make the same amount.
Active trading daily in crypto & with risk management consistently, nope
Position building worked for me the best actually.Days or months building a giga long pushing 1 BTC to 100 BTC on a yolo account accidentally
But at some point you are on the wrong side or it takes longer and more moves against you
Larger size trading on wrong side is difficult
"You see! Leverage trading is bad!"
Oooh...
You think you can't die because you hold spot? You're in for a surprise.
It's just a miracle that I didn't put a fucking gun in my mouth by now
From 1m to just lose it by holding spot
Or other fuck ups & getting back up
The mental impact this shit has on you lay in bed for 2 weeks and not even getting food
Oh yah you better don't have a gf or wife
Now how are you gonna make it?
Its easier to trade alts bc less competent competition
Most importantly information which can give you an edge
Setting up a trading room with 100 retards is not gonna work.
A room with elite traders ain't gonna work bc non cares to share trust me
Most likely work with less than 8 friends & do projects
Some sources of institutional grade info, or a larger entity you get info from
You can't find good shit on CT with paid subscriptions created by CT bro's
Good info ain't for free either & most likely $1000 a month
But IE
Solana/Serum comes close to having insider info. A billion dollar firm with the CEO telling you what he's building with his reputation at stake & skin in the game
Also shorting won't get you rich anyways tbh. You can only win a limited amount
But yesh trading
It's trying to predict what others do & how one reacts to someone else's order.
Humans aren't rational and you may draw TA, crunch some numbers, gaussian distribution
This isn't physics with defined rules. Also being a maximalist is dumb because rules changes
But anyways since he asked for motivation
I can't provide that. Start doing project's or help other projects
Sadly this isn't a get rich quick & stay rich scheme
From the outside big trader names look fantastic & don't seem to struggle
Grass always greener at the other side
I'm not here to sell you dreams
Some OG's still think they're competent due to past performance but my "luck" streak was there for years
But I know by now that I don't have alpha
However opening a finance book (no not one with charts) helps
My confidence?
I see what I don't know or didn't know even exist. Propaganda like algorithms never work (then learn about delta neutral & inefficiency), books are bullshit and then don't know what a premium is etc etc
I was lucky, risky big trades bc I saw it as my density
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Basically to get into it, use your FTX account and you can withdraw your Solana, Srm, & usdt to your Solana wallet since it supports the network
But understand you can use USDT, ETH all on Serum by using ftx
ETH gas fees are too expensive, stop denying
But for example you can pay/deal with your CT friends using usdt and use Serum network so you don't have to be fee cucked
Talking about fee cucked, new people who wanna build, younger kids etc can't enter Ethereum ecosystem.Expensive
Even a Uniswap trade. You buy $600 of a shitcoin. Pay $30 fee, bye 5%
Exit the trade is another $30 maybe and sending your earned money to for example Kraken cost you again money.
Well if it wasn't a winning trade, I hope it was at least a 2x gain because lol
If I only grab a small piece of text from the article and analyze it. This is not even the white paper but only medium.
"Writing that scores at a 15th-grade level is not better than writing at an 8th-grade level. A high-grade level often means it is confusing and tedious.
Bitcoin whitepaper
4th Grade Reading Level
Filecoin
8th Grade Reading Level
Raised $257 Million
Tezos
10th Grade Reading Level
Raised: $232 Million
Bancor
14th Grade Reading Level
Raised: $153 Million
Been trying to get more into a writing since I do enjoy the positive feedback & praise (dopamine)
There are so much of these PR company's having non-crypto boomers employed to help crypto projects
Getting more approached since they notice paying people for a tweet is not enough
But best of all, I have a better solo verifiable trackrecord than most
"But Idk if you have enough experience"
- Yeah k but also run a coin since 2016
"But we gun for a 10m marketcap!"
- Cute, I touched 150m marketcap. No ICO cash, solo queued everything 1y, Listed on Binance
Well but I'm only interested of course if there's some potential.
Bc I wanna put own money, whatever they wanna offer ain't worth the headache. 1 ref link tweet is easy
But to me it's just a challange just like via.
Was fun other OG's sold for 20% to see 18000% up 1y later