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Author Topic: The trading magnate entering crypto market, what to expect?  (Read 114 times)
Rydereee12 (OP)
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April 20, 2018, 09:51:00 AM
 #1

Being a trader without hearing about George Soros is such a shortcoming, just like making an entry to the playground without knowing the "big boss".

Here are some outstanding "achievements" of the boss:

The Bank of England breaker who pocketed $1 billion in just a few days by betting against the British pound. Known by the name "Black Wednesday", this is considered the greatest trade in history.
Involvement in Asian Economic Crisis in 1997.
And a series of trades which left the market in a complete mess.
In general, Soros is highly sensitive to the huge trades. Of course he lost as well, but seeing how he drove his life from a poor Jewish immigrant to a billionaire, one can hardly fail to realize his brilliant mind.

According to Bloomberg, his $26 billion fund has just entered cryptocurrency trading.
George Soros once called crypto market "the bubble market." I remember reading a comment somewhere that it's his philosophy to make the bubble burst when he gets the sight of it. So when Soros enters the crypto game, may there be some "bubbles" about to burst out? Who knows?
 Let's look forward to the upcoming interesting part of his play .

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Edward Finney
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April 20, 2018, 09:54:15 AM
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I think on a meta scale its very good. The big wigs of the world will see this and be more likely to follow suit
Sanchos
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April 20, 2018, 11:55:02 AM
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Trading magnates entered in crypto market in 2012-2014 years, when bitcoin was cheap. Now they tell they entering in market, because they can not sell cryptocurrencies without new investors
Dutchyyy
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April 20, 2018, 11:56:14 AM
Last edit: April 20, 2018, 12:32:31 PM by Dutchyyy
 #4

I don't expect anything good, but more market manipulations.

He's well known to be a master in this area and he's here just to make more money, not to lose some.
Barbara99
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April 21, 2018, 02:33:11 AM
 #5

George Soros - He is a smart man. He's going to be in this market and he's going to be a boss
MargaretBlack
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April 21, 2018, 02:39:18 AM
 #6

I look forward to him. He will manipulate this market
RileyRiley94
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April 23, 2018, 08:29:00 AM
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Being a trader without hearing about George Soros is such a shortcoming, just like making an entry to the playground without knowing the "big boss".

Here are some outstanding "achievements" of the boss:

The Bank of England breaker who pocketed $1 billion in just a few days by betting against the British pound. Known by the name "Black Wednesday", this is considered the greatest trade in history.
Involvement in Asian Economic Crisis in 1997.
And a series of trades which left the market in a complete mess.
In general, Soros is highly sensitive to the huge trades. Of course he lost as well, but seeing how he drove his life from a poor Jewish immigrant to a billionaire, one can hardly fail to realize his brilliant mind.

According to Bloomberg, his $26 billion fund has just entered cryptocurrency trading.
George Soros once called crypto market "the bubble market." I remember reading a comment somewhere that it's his philosophy to make the bubble burst when he gets the sight of it. So when Soros enters the crypto game, may there be some "bubbles" about to burst out? Who knows?
 Let's look forward to the upcoming interesting part of his play .


It seems he is missing long time, I do not know him Smiley
khufuking
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April 23, 2018, 08:47:29 AM
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Trading magnates entered in crypto market in 2012-2014 years, when bitcoin was cheap. Now they tell they entering in market, because they can not sell cryptocurrencies without new investors
Any proof on what you are saying ! . If already bought crypto in 2012 and 2014 why would they need anyone to enter so they can make an exit !  probably sold all when BTC reached 1k or maybe when reached 2k or maybe 4k I can go on and on to reach 20k ! . What you are saying is nonsense . According to your logic he probably bought the top 15k+ and now hyping it so he can make an exit ! (sarcasm  Cheesy ) . 
Barbara99
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April 24, 2018, 08:51:02 AM
 #9

Great. I would expect him to do something in this market
niteroy
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April 29, 2018, 01:17:16 PM
 #10

Unequivocally it is necessary to expect the growth of cryptocurrencies due to the entry of large sums into cryptocurrency exchanges. But, we should also expect more volatility of cryptocurrencies, strong manipulation by the Media. Because such people as Soros come to earn, and in the case of cryptocurrencies, it will earn on price squatting.
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