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Author Topic: 29 Year Old Legend In Crypto Trading  (Read 810 times)
CryptopreneurBrainboss
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February 20, 2022, 01:19:13 PM
 #61

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.

Might be the same interview we watched, as he said, his journey of making billions has revolve around donating majority of them to the charity. He only! said that, what motivate him to make money is so he has enough to give out. He also lives very simple life. He doesn't have all the luxury stuff people with his kind of weath posses for themselves. He's one of the early few that made millions trading Bitcoin through arbitrage.

With the rate at which FTX exchange was developing to becoming a teir 1 exchange, it's now becoming clear as the exchange has a trader as the CEO. FTX as an exchange is the most favorable to any trader now. They keep listening to their trader unlike Binance that has more focused on destroying the industry with their hash regulations towards their customers.

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February 20, 2022, 03:36:05 PM
 #62

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.
Looks like we need a new strategy to use an advantage when trading in crypto market since arbitrage isn't that profitable these days. Early days are always profitable for those who invest and make use of it as long as there aren't much people knew about it. He's like the creator of Facebook on early days who gain massive support from the people around the world and then become a billionaire. Although his style of making money is different but he's the best example of a consistent person who doesn't waste opportunity when it's available he grab it.
I believed Sam Bankman exploited the idea of Arbitrage trading very early invariably earned huge and massive profits by utilizing his intelligence into crypto market, he had already made it big in that area of trading before it became saturated, afterward diverted his investment into an exchange, however I am touched by his charity donations to the less privilege as a way of giving back to the society, I like his idea of living a simple life, despite his affluence and not being carried away by worldly materials often associated with the rich, I read so many good things about him.

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February 20, 2022, 05:01:55 PM
 #63

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.

Those who are sharing their success in trading to the public should be recognized regardless of their social status because they could serve as an inspiration and motivation for those who are just starting in trading or for even for those who are failing. I'm sure that this 29-year-old man has gone through lots of difficulties too before he reached success. It's a good thing that he's inspiring others through the platforms where he is well known.
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February 20, 2022, 06:55:58 PM
 #64

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.

Those who are sharing their success in trading to the public should be recognized regardless of their social status because they could serve as an inspiration and motivation for those who are just starting in trading or for even for those who are failing. I'm sure that this 29-year-old man has gone through lots of difficulties too before he reached success. It's a good thing that he's inspiring others through the platforms where he is well known.
He is same age like me and we started around same time but he made it big. One more reason for us not to give up we have time to make it still xD
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February 21, 2022, 09:44:30 PM
Last edit: February 27, 2022, 07:56:22 PM by wxa7115
 #65


 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.
If we are being honest this is something that not only applies to bitcoin but to all investments, if you read any book about investing one of the first things that it is ever mentioned is that it is important to start as young as possible.

Even if someone earns a lot of money if they begin to save for their retirement after they have just a few years left as an employee then it does not matter how much they save it is never going to be enough, but the people that start young even if they can only save a small amount of money each month then that is more than enough if they are able to do this consistently for decades.
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February 22, 2022, 08:01:25 PM
 #66

Taking advantage of every bitcoin price difference in each country makes Sam have many advantages. Sam is also a young boy who is very smart and able to manage all of that well until he founded the FTX Exchange company. Sam is also a very generous person because all the profits he gets are donated to people in need and that is extraordinary. He lives a simple life and does not think about the modern lifestyle that is full of money. he even wanted to donate an even bigger amount.
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February 23, 2022, 04:45:27 PM
 #67


Taking advantage of every bitcoin price difference in each country makes Sam have many advantages. Sam is also a young boy who is very smart and able to manage all of that well until he founded the FTX Exchange company. Sam is also a very generous person because all the profits he gets are donated to people in need and that is extraordinary. He lives a simple life and does not think about the modern lifestyle that is full of money. he even wanted to donate an even bigger amount.
Most of the smartest people in the world are generous and easily give out a huge portion of their wealth to charity, but Sam's case to some extent bring extra excitement as all the profits come from cryptocurrency trading and he is also willing to share idea and tips that aid his profits in trading. FTX is one of the many products of Sam that built the brand from scratch to where it is today.
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February 27, 2022, 09:16:11 AM
 #68

With the rate at which FTX exchange was developing to becoming a teir 1 exchange, it's now becoming clear as the exchange has a trader as the CEO. FTX as an exchange is the most favorable to any trader now. They keep listening to their trader unlike Binance that has more focused on destroying the industry with their hash regulations towards their customers.
FTX is the exchange that I like the most at the moment compared to Binance. Binance does have a variety of features too, but the features they provide are only needed for those with large assets. besides that sam is also very active in the world of charity, it is not impossible in the future, FTX will shift the dominance of binance.

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February 27, 2022, 08:00:17 PM
 #69


Taking advantage of every bitcoin price difference in each country makes Sam have many advantages. Sam is also a young boy who is very smart and able to manage all of that well until he founded the FTX Exchange company. Sam is also a very generous person because all the profits he gets are donated to people in need and that is extraordinary. He lives a simple life and does not think about the modern lifestyle that is full of money. he even wanted to donate an even bigger amount.
Most of the smartest people in the world are generous and easily give out a huge portion of their wealth to charity, but Sam's case to some extent bring extra excitement as all the profits come from cryptocurrency trading and he is also willing to share idea and tips that aid his profits in trading. FTX is one of the many products of Sam that built the brand from scratch to where it is today.
I guess that's how smart people like Sam motivate him from the start that money will no longer be profitable if you can't share it to others who badly need it. And luckily, Sam has always been a very selfless person to devote all his profits into charities where he thinks need most of his money. And he's willing more than enough to share his secret tips why he has been successful and becomes legend in trading. Maybe its also an advantage if at your young age passion is already there to drive you to where you want to be.

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March 03, 2022, 12:30:24 PM
 #70

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.

Might be the same interview we watched, as he said, his journey of making billions has revolve around donating majority of them to the charity. He only! said that, what motivate him to make money is so he has enough to give out. He also lives very simple life. He doesn't have all the luxury stuff people with his kind of weath posses for themselves. He's one of the early few that made millions trading Bitcoin through arbitrage.

With the rate at which FTX exchange was developing to becoming a tier 1 exchange, it's now becoming clear as the exchange has a trader as the CEO. FTX as an exchange is the most favorable to any trader now. They keep listening to their trader unlike Binance which has more focused on destroying the industry with their hash regulations towards their customers.
Sometimes I can't stop wondering what Binance as a cryptocurrency exchange all though centralized but should be well aware of the government autocratic rules in the financial independence of the citizen will still come up with rigid rules for the customer, to this point binance is gradually losing it dominance in the crypto exchange market and more innovative and customer-oriented new exchanges e.g FTX okex are taking the number one position.
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March 03, 2022, 04:52:15 PM
 #71

...
Might be the same interview we watched, as he said, his journey of making billions has revolve around donating majority of them to the charity. He only! said that, what motivate him to make money is so he has enough to give out. He also lives very simple life. He doesn't have all the luxury stuff people with his kind of weath posses for themselves. He's one of the early few that made millions trading Bitcoin through arbitrage.
...
how he manages money and virtue, that's really amazed me...

a lot of new or old rich people out there who waste their money and don't want to do charity, they think it's better for them to use the money for their satisfaction (spree). with a great contribution to social as well as crypto, I'm sure in the future FTX will surpass Binance.



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March 06, 2022, 12:16:39 PM
 #72

This all depends on the young sharp way of seeing things at that young age he is already an expert in trading and he is already giving out to charity, but I will like to see his original written article where he will teach us how to trade an expert analysis. Trading has become a passive means of income to some people and at that, they have already developed trading skills that can help people to manage their trading activities professionally and make guaranteed profits.

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...#EndTheFUD...
freedomgo
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March 06, 2022, 09:34:46 PM
 #73

Those who are sharing their success in trading to the public should be recognized regardless of their social status because they could serve as an inspiration and motivation for those who are just starting in trading or for even for those who are failing. I'm sure that this 29-year-old man has gone through lots of difficulties too before he reached success. It's a good thing that he's inspiring others through the platforms where he is well known.
It’s a matter of taking risk and seeing the potential of what bitcoin and crypto can reach. He is smart enough to analyze and see how bitcoin can be profitable as well the idea of evolving and making projects related to it. He put efforts to study and to master trading and crypto. It doesn’t matter what age we are as long as we take risk into something worth risking and believing that somehow something that are unnoticeable by many at first can be profitable in the long run.
If we can put more faith in our investments, then i guess taking risk is worth of our time and efforts. And this exactly this young legend in crypto possess. He may even had a lot of failures when he's starting in crypto trading but seeing bitcoin could be more profitable in the years to come, there's no need to stop or quit trading just for that. Now, due to his hard work and persistence in crypto, he's already living his dream with bitcoin. But what is more impressive is he never gets tired making charities. That way, he gives more inspiration and build courage and confidence to those who are starting yet in crypto trading or investing.

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Luqman
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March 06, 2022, 10:15:42 PM
 #74

It is true. If the perspective of young people can be different from those of older people and they have the desire to progress, they will surely find a way. Nowadays, crypto trading has opened many people's eyes that it is one way to earn income but they need skill. If they can learn from people like Sam, then they can be lucky because they can learn and get a lot of knowledge that will be useful for them.
This heard actually easy for some people. But complex for others. We know that sometimes not many people are able to learn from the experiences of people where they are actually trying from scratch. But some beginners do not see the effort, they even only focus on the end result, namely success, and want to be like those who have been successful, without wanting to go through how dramatic, difficult, and ups and downs the process has been.
This is also a PR for all of us to understand better what we should be doing.
There have been some similar experiences that are shared for us, to lead us to learn more and more.
JohnBitCo
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March 07, 2022, 06:02:00 AM
 #75

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.
Looks like we need a new strategy to use an advantage when trading in crypto market since arbitrage isn't that profitable these days. Early days are always profitable for those who invest and make use of it as long as there aren't much people knew about it. He's like the creator of Facebook on early days who gain massive support from the people around the world and then become a billionaire. Although his style of making money is different but he's the best example of a consistent person who doesn't waste opportunity when it's available he grab it.
I believed Sam Bankman exploited the idea of Arbitrage trading very early invariably earned huge and massive profits by utilizing his intelligence into crypto market, he had already made it big in that area of trading before it became saturated, afterward diverted his investment into an exchange, however I am touched by his charity donations to the less privilege as a way of giving back to the society, I like his idea of living a simple life, despite his affluence and not being carried away by worldly materials often associated with the rich, I read so many good things about him.

I haven't heard anyone making money from Arbitrage trading recently. Back in time when there were fewer exchnages, there could have been possibiliities  of this Arbitrage trading, but in current market sitation i dont think we have any Arbitrage trading possible ?
Also it is iinteresting to know that a trader of the past now owns one of the best crypto exchange.
TheGreatPython
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March 07, 2022, 06:24:53 AM
 #76

If beginners just want to get results without going through the work hard, I'm afraid they'll be disappointed that there's no such thing as good results without putting in the effort. So they inevitably have to keep trying to learn.
Not just beginner even people who are into this crypto space for years and fully aware of the dangers of crypto trading still looking for making easy money without providing any efforts on learning and practicing. At the same time, I am not ready to blame them because even after long hours of hard working on technical analysis, they might have booked losses most of times. The real thieves here are the manipulators of the crypto market.

Overall, when you are going by support of technical analysis then you must be having more than 50% of chances to make profits but when you are not backed by any of prescribed method of trading then the chances for losing is more than 100%.

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Sanitough
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March 08, 2022, 09:55:12 PM
 #77

If beginners just want to get results without going through the work hard, I'm afraid they'll be disappointed that there's no such thing as good results without putting in the effort. So they inevitably have to keep trying to learn.
Not just beginner even people who are into this crypto space for years and fully aware of the dangers of crypto trading still looking for making easy money without providing any efforts on learning and practicing. At the same time, I am not ready to blame them because even after long hours of hard working on technical analysis, they might have booked losses most of times. The real thieves here are the manipulators of the crypto market.

Overall, when you are going by support of technical analysis then you must be having more than 50% of chances to make profits but when you are not backed by any of prescribed method of trading then the chances for losing is more than 100%.
Trading can be more successful if you are inclined to it technically, as well as along its fundamentals too. But if you are here to trade just for pure profits and you're not even making efforts to learn it technically, losses will keep happening to you. You may excel in gambling but certainly not in trading. However, with this young man who is already legend in trading, i have learned that he has already the interest and passion in trading since he's a kid and this keeps him motivated to grow more in trading and become successful in his chosen career.
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March 08, 2022, 09:57:00 PM
 #78

I haven't heard anyone making money from Arbitrage trading recently. Back in time when there were fewer exchnages, there could have been possibiliities  of this Arbitrage trading, but in current market sitation i dont think we have any Arbitrage trading possible ?
Today, it's no longer popular.

I wonder how many are really doing it these days. But sure before, there were tons of traders that have enjoyed to arbitrage because opportunities were everywhere.

Also it is iinteresting to know that a trader of the past now owns one of the best crypto exchange.
What an achievement that he has. Everyone can think just like him but not everyone can reach what he has done.

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March 11, 2022, 07:16:41 PM
 #79

...
Might be the same interview we watched, as he said, his journey of making billions has revolve around donating majority of them to the charity. He only! said that, what motivate him to make money is so he has enough to give out. He also lives very simple life. He doesn't have all the luxury stuff people with his kind of weath posses for themselves. He's one of the early few that made millions trading Bitcoin through arbitrage.
...
how he manages money and virtue, that's really amazed me...

a lot of new or old rich people out there who waste their money and don't want to do charity, they think it's better for them to use the money for their satisfaction (spree). with a great contribution to social as well as crypto, I'm sure in the future FTX will surpass Binance.

Charity is holy Some for middle class people while it’s way to save taxes for the rich people. This is complicated thing really and one can not decide what’s best when they are newly Brock rich. This guy is billionaire? Man I have so much low vote of confidence on this article. Not sure if it’s authentic but if it is then he got some good secretes to work with the crypto currencies. I mean it’s not easy to be that rich in short period time. We not talking about thousands or millions, we talking about billions here and that’s lot of money!
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November 20, 2022, 02:37:44 PM
 #80

Hello  Smiley

I think this is really relevant to "up" this thread.

Hello, hello.

Where is your hero ?
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