24 y.o prop trading firm & media founder I Invest in good businesses in the long term and exploit the market inefficiency in the short term. building @bwenews
Nov 11, 2024 • 4 tweets • 2 min read
Here's some important market timing indicators that I'm gonna use to dodge the epic flush that's gonna happen one day in the next couple of months: 1. Binance meme coin's average funding rate, when it reaches above 0.08% level, is in the dangerous zone and indicates retails are fomo leverage long coins they like.
data.bwequation.com/web/meme-binan…2. Upbit Altcoins Trading Volume
Korean exchange has the world's most degen retail apes and when the market is near the local top, the volume would be significantly high due to the speculation sentiment.
Mexc is going shameless mode these days, many users have complained on X that their funds are frozen & taken. I got wiped out for 92k USDT too.
I made my profit through several news trades, 5x'ed my bag on mexc futures in 15 days, and then my account was frozen.
I contacted the support and submitted documents, and then the second day, funds in my account were TOTALLY WIPED OUT along with the order history.
The support says "Regarding the account restrictions and issues related to futures trading/assets that you have raised, our risk control system and relevant personnel have conducted a thorough examination. It has been identified that there have been abnormal trading activities in your account and associated accounts. In accordance with the terms of use, we have taken measures to recover the losses incurred." as shown in picture 4.
My case isn't a single case, there's a guy's complaint tweet here that was retweeted by a tons of ct
also this chinese ct influencer complaint too:
but there are also many people whose voice cannot be heard in the mexc's telegram chat /discord group, I only cited a few but there are thousands of complaints there
How does it feel having a 10m USD net worth at the age of 22? Here's the story about myself.
First, how did I make my fortune, I started doing internet business at the age of 14, and from the age of 14 to 19 I made my wealth through open [] game servers & sell products from the West to East and West to East, I call it geo-arbitraging.
Nov 25, 2022 • 5 tweets • 1 min read
I'm a frequent API user, and sometimes need to perform on-chain swaps. Here's how I ensure the security of my cryptos currently:
1. I majorly use iPhone/MAC devices to perform crypto activities, especially when I'm using crypto wallets like MetaMask, Trust Wallet and Exodus, etc.
2. On all of my Windows devices I install Norton 360 anti-virus software
My case isn't a single case, there's a guy's complaint tweet here that was retweeted by a tons of ct
