lixer
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February 17, 2022, 04:08:38 PM |
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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.
Can you share the link here if ever you have it on your twitter profile? Just want to watch how this guy speaks because I am now inspired by him. Nice to know that there are people left on this earth that are not selfish but want to get rich because they want to help people that are in need. Why cannot some people be like him? He is 29 year old. Not too young and not too old to become a billionaire but before there was also a young guy that become a billionaire thru crypto investing. It is amazing how cryptos can changed lives. Crypto is really a blessing for the people like them. We can follow the tips that they share in hopes that we can be successful too in the future.
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teosanru
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 17, 2022, 06:16:23 PM |
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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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FkXYrQwB%2FScreenshot-2022-0212-211104-11zon.jpg&t=665&c=DVlN9uSUgfuzsg)
This legend has altogether different strategy and I think it's definitely not based on technical analysis, his strategy is more like the strategy of renaissance technologies which uses quantitative methods to compute each trade and only then enter into the trade. The entry, exit & SL, even the lot size is decided way in advance, and considering the huge portfolio sizes of these funds they also have to take care of the timing while accumulating various coins, because they definitely can't do in just one buy order. They accumulate over a period of time and then distribute over a period of time too.
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perfect999
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 18, 2022, 10:23:01 AM |
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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. I am aware of FTX for long, but I’ve never really taken interest to know who the founder is, and is quite interesting to get to know that it is a really young person and also a billionaire made by cryptocurrency. Stories like this can encourage other youngsters who are aiming for as high as this and would like to reach this level. When they get to hear and see stories of people that were able to make it in this same platform, they would be encouraged to put in more hard work to achieve their goals. And recently I saw news about FTX among cryptocurrency platforms that got featured on the Super bowl, that’s really a good achievement being one of the firsts to be featured in such.
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fullhdpixel
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 18, 2022, 06:33:44 PM |
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Of course, it invested a lot of knowledge before this guy earn a lot of money this is the reason why it's better in the crypto world even though there's a risk of course knowledge is the best thing to have. This kind of news is the reason why there are a lot of newbies in cryptocurrency who would like to join this world because of the profit they saw, of course, a few of them just the hard work of this man to become a millionaire. But still, it's not too late to the pace of other people who want into it.
Well, a lot of things that we do, we usually do it for the profit that would come out of it. So it is normal for someone to engage in something because they want to get profit, but what matters a lot is if you are ready to learn and have patience in the process of trying to achieve your goals. A lot of people are always in a hurry, and they are not able to have that patience which would make them end up being the ones who lose. But, if you are able to take your time, grab the skills and knowledge that are involved in this, you would be able to achieve a lot through cryptocurrency. It is not something that you will have to be in a hurry, or allow yourself to be pushed by greed, if that is it, you’re just going to be the one losing,because there’s nothing here to be achieved by people who are filled with greed and lack of patience.
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kryptqnick
Legendary
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Join the world-leading crypto sportsbook NOW!
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 18, 2022, 07:26:41 PM |
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This guy was born on campus of Stanford University to law professors, so he was very much born into privilege. I like it that the guy is smart, has contemporary and very reasonable political and ethical views, and is into donating money. My question is, can we believe that he made his fortune by crypto trading? Not, say, hodling BTC from some early years (which he bought with, say, the money from his rich family), and he didn't simply transfer the wealth he already had (or his family had) into crypto trading? I'd take any trading advice with a grain of salt, especially, if there's no proof that a person giving the advice is actually a very good trader with positive overall record.
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ScamViruS
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 18, 2022, 08:16:09 PM |
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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.
The main problem of most traders is that they enter the market without knowing about trading and keep on making losses. In fact, they are influenced in many ways by trading in the hope of making a profit, but the influencers never tell them the story behind it. When a trader enters the market after acquiring trading knowledge, that trader has the ability to take trades according to the market conditions. Before entering the crypto market, you should follow all the traders who share information to develop trading skills instead of sharing screenshots of profit.
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GeorgeJohn
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 18, 2022, 08:25:06 PM |
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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?
A successful trader always make gesture of itself, using as a reference to improve the motivation of offspring traders or newly developing traders. When you said you are curious about how a trader makes millions, i felt astonished, because trader makes their money through curiosity, seriousness, consciousness and potentiality of the nature of trade they adventure into, so all traders is liable to adventure into profit or lost at a moment, so any trader is a risk taker.
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Japinat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 18, 2022, 08:42:32 PM |
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This guy was born on campus of Stanford University to law professors, so he was very much born into privilege. I like it that the guy is smart, has contemporary and very reasonable political and ethical views, and is into donating money. My question is, can we believe that he made his fortune by crypto trading? Not, say, hodling BTC from some early years (which he bought with, say, the money from his rich family), and he didn't simply transfer the wealth he already had (or his family had) into crypto trading? I'd take any trading advice with a grain of salt, especially, if there's no proof that a person giving the advice is actually a very good trader with positive overall record.
If he's into crypto for a long time, then i believe that trading is not only his job but he's also making some huge investments in crypto that made him more generate profits. Its just that he is known as a legend trader because its his focus and its the thing that making him more profitable. Looking forward, this young guy is not just a legend in trading but definitely a good samaritan too as he always make sure that most of his earning will be donated into charities. Such a very selfless person, no wonder why he is getting huge blessings so he can help more people in the society.
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iv4n
Legendary
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Merit: 1178
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February 18, 2022, 09:26:06 PM |
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I think the list is longer... I am not sure can we include Changpeng Zhao, commonly known as "CZ", his net worth is around $96.5 billion, and I am pretty sure he has some crypto on a side nobody knows about! How many anonymous people there are who made a fortune with crypto but they didn't go public in any way?! I think there are many of them... simply when we look at the last 10 years and all the coins and tokens in that time... and compare prices from 2015 (just an example) with the ones now! It's pretty clear that many people made a fortune with crypto! Some people more, some less, but we are all in profit! Congrats to this guy for becoming a billionaire! He found a way and he got the best from it! Take some advice from him, but don't follow... that was his way, you need to find your own!
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Botnake
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 18, 2022, 10:21:43 PM |
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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?
A successful trader always make gesture of itself, using as a reference to improve the motivation of offspring traders or newly developing traders. When you said you are curious about how a trader makes millions, i felt astonished, because trader makes their money through curiosity, seriousness, consciousness and potentiality of the nature of trade they adventure into, so all traders is liable to adventure into profit or lost at a moment, so any trader is a risk taker. You won't be trading in the first place if there is no visible profits ahead. That is why traders are born to make profits, but not all the time as they are also susceptible into committing losses. And i'm just glad that some traders are fortunate enough that they end up having millions or billions as their profits. And Sam Bankman-Fried is one of them that has a very good intention of helping others in need and donating into some good charities. So if you are in his shoe, would you rather stay out of public and not sharing good stories to convince other traders to help too?
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suzanne5223
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 18, 2022, 11:15:29 PM |
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I think the list is longer... I am not sure can we include Changpeng Zhao, commonly known as "CZ", his net worth is around $96.5 billion, and I am pretty sure he has some crypto on a side nobody knows about! How many anonymous people there are who made a fortune with crypto but they didn't go public in any way?! I think there are many of them... simply when we look at the last 10 years and all the coins and tokens in that time... and compare prices from 2015 (just an example) with the ones now! It's pretty clear that many people made a fortune with crypto! Some people more, some less, but we are all in profit! Congrats to this guy for becoming a billionaire! He found a way and he got the best from it! Take some advice from him, but don't follow... that was his way, you need to find your own! @Theones, the list is countless but the OP said he was looking at cryptocurrency enthusiasts that make their fortune and fame through crypto trading not mining or NFT. @iv4n, Forbes billionaire list is huge but I am sure CZ name will be on the list not even this time that he was considered as the has one of the richest people on Earth.
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🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
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og kush420
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February 19, 2022, 04:00:42 AM |
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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.
I wonder how fortune favor people at so early age – he is surly a very intelligent and lucky champ. I heard in one of his interviews that’s he might not be needing an IPO and looking forward to get as many licenses in 2022. He would surly be coming up more power in this year! I have made a few searches but does not found much about his personal habits seems like he likes living his private life off social media. Money is a powerful tool and there are a lot of ways to do good in the world. One of the ways is to give money to the world in an intelligent way. He identified the need and filled it. Unlike other loud entrepreneur he worked to achieve his goals silently.
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Rehan Zakir
Member
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Offline
Activity: 812
Merit: 53
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February 19, 2022, 04:57:13 AM |
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There is a list of peoples that are very successful in crypto trading. They are youngsters that are making millions of dollar. And this 29 year old guy is also one of them. Sam Bankman Fried is the CEO of FTX exchange. His exchange is in the list of biggest crypto exchanges in the world. As the information, he is billionaire. He becomes very rich in a short period of time. We need to learn their skills, that how he become so successful in life. Crypto market is a big field. There are lot of opportunities for youngsters to become rich.
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Renampun
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February 19, 2022, 11:16:49 AM |
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...
FTX CEO is one of the amazing men in crypto space... a person who was born from a simple family but with hard work and intelligence is able to change the crypto world. I also watched youtube about his interview with an influencer, he said my goal to be rich is to help other people's lives, what a noble goal.
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baristor
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February 20, 2022, 12:56:06 AM |
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interesting story.. im 31 myself n been trading crypto a while ... Finally I turned 2k$ into 100k$ in a month during this bull run .. but lots of personal factors n stress happened and I ended up making some wrong trades n losing it .
Now im hungry to make it all back n 1 million $ goal...
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Ararbermas
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 20, 2022, 11:51:03 AM |
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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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FkXYrQwB%2FScreenshot-2022-0212-211104-11zon.jpg&t=665&c=DVlN9uSUgfuzsg)
yhup that's true he was ranked 32nd with a net worth of US$22.5 billion. . infact he once became featured on NASH daily vlog as a generous billioner and i was very amazed on his mindset and especially how he live right now. Just imagine owning a 22 billion dollar and he doesn't even have any expensive things such cars watch and etc because of the goal to help other people. And to be honest im not expecting a billioner driving a toyota corola. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Wiwo (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 20, 2022, 12:03:51 PM |
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interesting story.. im 31 myself n been trading crypto a while ... Finally I turned 2k$ into 100k$ in a month during this bull run .. but lots of personal factors n stress happened and I ended up making some wrong trades n losing it .
Now im hungry to make it all back n a 1 million $ goal...
Once you set your goal and see your past mistakes as a lesson ground for you to make your next big move, trading required quite a good number of lessons which are sometimes referred to as skills and this skill come with lots of lessons, if you turn 2k to 100k in the previous month then am sure hitting 1 million is not a big deal for you. All you need is to study carefully before making a decision and never FOMO as that can also affect your capital. Just learn from your previous mistakes and make your next move based on your lessons wish you good luck.
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Captain Corporate
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February 20, 2022, 12:44:12 PM |
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I envy the people who are young and in crypto already. These people do not realize that they have sooooo much life ahead of them. Not like I am old or anything, but at the end of the day the more years you have in life (hopefully) the more chances you have to get rich. Even if you end up putting 50 bucks into crypto every year, from now until you are 60 years old, between the amount that will be saved, and the amount that will increase, you are going to end up with a ton of money when you retire. The long term results are this great and the short term is also awesome because even if you end up losing money right now, you could always recover that later on because you have the time for it. You are free to make more mistakes since you have more time in life.
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so98nn
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February 20, 2022, 01:14:11 PM |
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I am not sure if I follow this right. The guy owns the company already and I thought he was solo legend whose working with his own strategies in the crypto trading.
His company Alameda actually owns 100 million worth FTX coins and the project itself is backed by Alameda whose founder is this guy. No trace whether he himself founded it or not but it’s growing in right direction.
Lovely to see they have started it in 2017 and it got to big heights in short time.
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