Former private trader group admin told about his trading experince and investors

[Bigcitytiger]

Former private group trading admin who use to run trading group for cryptocurrency spot and derivates.
The guy not friend of mine but my firend of friend:
On Telegram (unlegal hedge fund kind of activity)
He told about people who wanted to invest, while world speaking about not enough money or economical struggles the people who wanted to invest with him by his instructions and giving money to be managed under his management it was very interesting experince the people was very interesting who got involved in this:

This show's us that people live in totally different worlds and like different dimensions no wonder why markets are full of money

For example:
1.one person invested only because to get adrenaline boost even If person Lost like 30k $ he was happy it sounds grazy but person was happy to lose.- because nothing really exited going on his life so losing large money on the market was only thing something happening in otherwords his life was boring.

2.one lady told she got 1 mil of USD this has to be invested in most risky shitcoins because she want to gamble large.

3.thre was one person from canada she was telling that she sold house just to buy coins the early ico-s so she want to spend all no matter what so she told this selfmade fund manager to spend all money what she will give to him and need to make sure all will be invested.

4.there was someone from the middle east who only did gamble with binance futures, when markets crashed he got long positions on and he added in 3 days row more margin until he got account 100k $ loss and then all his liquitity was gone because Market did one fast short wick, however this was not poor he got like more then 50mil to spend just for risking on the markets, by the time his binance futures got like 70k $ loss he started to move more money in trough cryptocurrency exchangers but it was taking time so by the time he managed to buy more crypto in order to ADD more Margin the position just got liqutated.

5.there was also few sad stories when people took huge loans and Lost. ( One guy after ftx collapse off course decided to take his life)

So this fund manager got very interesting experince.

But what is most miracle in the story how many people are in the world who can lose just 30k $ 100k $ 1mil $ or even more and it doesn't even disturb them so much.

[Findingnemo]

So everyone lost some money, and he still claims he got experience .

Let's talk about money, few people got so much of them that they can't even spent in their entire life and those people will do such things with the money, they don't be afraid to lose when those came in to a platter for them. While the one who earned that money from scratch and became a billionaire will still care for the money they lose, it has to be something useful for them which shows the drastic character and why most people who manifest about money can't make it while few are destined to reach it.

I honestly don't know what to make of this story other than saying don't be a stupid as they are.

[Oshosondy]

People should not believe in all these like signal group, investment management and others. They are only provided by people that know people can easily be scammed. The investment manager will only care about his pocket and not care if people are losing. That is how signal groups also work. I have learned about this people to know that they are completely not doing nothing more than scam. They are scammers.

[Bigcitytiger]

So everyone lost some money, and he still claims he got experience .

Let's talk about money, few people got so much of them that they can't even spent in their entire life and those people will do such things with the money, they don't be afraid to lose when those came in to a platter for them. While the one who earned that money from scratch and became a billionaire will still care for the money they lose, it has to be something useful for them which shows the drastic character and why most people who manifest about money can't make it while few are destined to reach it.

I honestly don't know what to make of this story other than saying don't be a stupid as they are.

But many of them for example one person who invested 1mil into shitcoins was the real estate developer.
And kind of educated, so can you really say in general sense was she stupid?
I think she wasn't stupid in general sense.

....more story:
There was one WOMEN the house wife:
She never said that she was gambling with family money and she was like the bathroom trader lol 😂....she went into the bathroom so to trade cryptocurrency with leverage because she was did hide this from husband and kids.

Also there was few cases when father or mothers was buying cryptocurrency for their kids.
One family father got 100k + $ just money to buy crypto for the kids.

Often this "selfmade fund manager" had to help people to get their money into cryptocurrency because the biggest issues was not that people did not have money the biggest issues was how to send large money into crypto.... also there was a lot cases when people transfered like 100k -1 mil to crypto and banks just blocked transactions.

Also there was one women who got gift over 10mil bitcoin from someone and she said since it's free money she want to invest this into shitcoins ( this women was high end escort worker who made money from rich clients and rich clients made a lot gilts to her and some of them just got Bitcoins too ) so she said to this fund manager she want to 100x ROI and invest all the 10mil into shitcoins some of them was scam some went up so she lost something like 8 mil USD she gave instantly about 20k $ to this "self-made fund manager" by helping her with her needs to invest in low cap shit coins.



One story was from Afganistan:
When one person Lost 5 mil over forex then went to stock Market try to make loss even then lost even more then he find from the Facebook this "fund manager" and his Telegram group and invested under his directions into the FTX bear bull tokens suddenly Binance started to delist those tokens and he lost money also that was loss for this "fund manager"

Also was a lot like really a lot people from the latin america countries like Brazil Mexico but by surprise mostly womens not men and yes they had a lot money and again only biggest problem was how to get this money into crypto.....also people are stubborn, the fund manager told them many times don't transfer on bank account the banks will block transactions, many people did not listen and got blocked large transfers wich they had to proof to banks source of funds and other things.
Also there was people....who wanted to invest so badly and fast that they could meet with this "telegram fund manager " and give Him CASH on hand to get their crypto. But this fund manager refused to meet with them because there was no time, there was just too many clients who he had to deal with However not all rich there was not so rich clients too however the not so rich clients did not want to gamble or take risks so much but they did a lot more smarter moves then those with large money.

What's interesting is that many people used trading for reasons to lose money and get exited about it because they told nothing really going on in their life they life is so boring and sometimes they wish even to be in dangerous situations....like everbody around them is so nice and polite and money is never problem no matter how much they spend they got money so by trading on the markets and losing it as much as possible gives them happiness off course it's nice to win too but If they lost like weekly 10k-30k $ then it was like feeling the drug for them.

And what's more grazy some people bought cryptocurrency for their dogs or cats like they had imagination somehow that they buying cryptocurrency for their pets.....and you would think those people who sounds grazy don't have money but more grazy the people was the more money they had.
When someone started sound weird or grazy not very rational or smart then this "fund manager" knew right to way that person are extremly wealthy in most cases.


Also there was a lot grazy people who took like 30x-50x leverage just to see what happens If they put like few thousend in all or nothing mindset.
And again have to say that more money someone had more grazy action did more insane moves.

Like, we use to think that rich people are always rational and smart this thing show's different it show's that rich people live in the grazy world not all but many of them.
Some people had exacly amount what they did not care about they just wanted to invest this money and mostly into shitcoins - some of the people was like addicted gamblers who was up many days row opening the futures position and keep adding more margin when price Went against them...... We might think that huge loss made them stop but it's wrong after huge losses they added even more money to gamble the activities was what sounds insane for normal rational minded person.

Now, there was also the case when someone lost like 20mil $ in one month and then sold his business to make his loss back and lost few mil of USD again and he said: "well it's ok sometimes you lose sometimes you win" what is really shock is that people just lost a lot but it doesn't seems to bother them....BUT WHAT THEY DID WAS bragging about their losses to others 😂 they seems to be proud about it how much they could lose on the markets and their life still don't not bad also they showed their lossses to friends and business partners to bragg about how much they can lose and they still fine.

What really interesting is that:
When a lot icos and shitcoin boom was when everyday new ico was coming out then a lot rich ones from middle east was investing into those and btw helping them to pump with help of this "fund manager" btw this fund manager was middle east origin itself not from the rich family but growed up in the uk and later moved into dubai
Off course he want to keep his name and idendety private but Im sure many people could reconize this "fund manager"


And it's amazing how many people are so careless with huge money while we have hard working people who do everything right in their life and smart financial decisions never gamble but still struggling financially.


However this "selfmade fund manager" did nothing else then just offered opportunity to buy coins and showed people how the futures leverage works and took fee for helping also helped people to buy cryptocurrency but he did not take any responsibilty of losses.
Anyways If many people would get all their money faster and better into crypto then they would been lost even more money because for many people only problem was that it was difficult to get large money into cryptocurrency.

It was experince to learn how many different people are in this world and why people do things different ways and how much different world some people live.
This experince was for this fund manager really eye opener not just about trading and money but it really opened his eyes, now this person working as psychologists also helping to fix people relations for men and women because of this experince he got he saw different people.

[Findingnemo]

~
And it's amazing how many people are so careless with huge money while we have hard working people who do everything right in their life and smart financial decisions never gamble but still struggling financially.

I don't know what amazes you about these stories, but I pity them.

To answer it simple and clear, money is a rigged game that can't be earned only with hard work but need to understand how it works and we need to start working towards it. There are two different ways: people will do anything to make money and there are other who do what they like and money is a byproduct for them.

I want to use OF as an example, girls just being stupid and nude make millions in a month while a woman who works 60 or even more hours a week and doing an extremely hard job or doing her own business fails to see a thousand dollars.

And the guy you are talking about probably a con artists who pretend to help the desperate people and showing fancy crypto terms and use their money on shitcoins which doesn't make him a sane person either, if he actually wanted to help he would suggested BTC and long term not quick rich schemes.

However this "selfmade fund manager" did nothing else then just offered opportunity to buy coins and showed people how the futures leverage works and took fee for helping also helped people to buy cryptocurrency but he did not take any responsibilty of losses.

Let me interpret it, the fund manager is not looking for people to scam but he is just offering the opportunity to be scammed who are desperate for money.

[Hewlet]

1.one person invested only because to get adrenaline boost even If person Lost like 30k $ he was happy it sounds grazy but person was happy to lose.- because nothing really exited going on his life so losing large money on the market was only thing something happening in otherwords his life was boring.

An adrenaline boost that can only push you to throwing away $30k worth of investment will one day make you commit suicide, or an action that stands to lead you to an irrecoverable end. Giving out that worth of money to traders to manage all risk because you are probably passing through a phase in life is never a good decision to make. As a trader, collecting money from different sources and losing it all because the owners dont seem too concerned about losses shows how inexperienced and unprofessional you are.

dont know what the law says about a thing like this, but for me, this is pure exploitation of the vulnerable by the trader. you can afford to lose so much if it is your money, but when you are trading or investing with peoples people, it is expected you dont be too selfish not to know that some of these decision of giving out a borrowed money for trading might be as a result of depression that the individual is experiencing. Most traders that claim to be professionals are selfish people that are never interested in the gains of the people their trading group but either look for commission from them through registration fees and that's it.

[Travel4rewards]

Former private group trading admin who use to run trading group for cryptocurrency spot and derivates.
The guy not friend of mine but my firend of friend:
On Telegram (unlegal hedge fund kind of activity)
He told about people who wanted to invest, while world speaking about not enough money or economical struggles the people who wanted to invest with him by his instructions and giving money to be managed under his management it was very interesting experince the people was very interesting who got involved in this:

This show's us that people live in totally different worlds and like different dimensions no wonder why markets are full of money

For example:
1.one person invested only because to get adrenaline boost even If person Lost like 30k $ he was happy it sounds grazy but person was happy to lose.- because nothing really exited going on his life so losing large money on the market was only thing something happening in otherwords his life was boring.

2.one lady told she got 1 mil of USD this has to be invested in most risky shitcoins because she want to gamble large.

3.thre was one person from canada she was telling that she sold house just to buy coins the early ico-s so she want to spend all no matter what so she told this selfmade fund manager to spend all money what she will give to him and need to make sure all will be invested.

4.there was someone from the middle east who only did gamble with binance futures, when markets crashed he got long positions on and he added in 3 days row more margin until he got account 100k $ loss and then all his liquitity was gone because Market did one fast short wick, however this was not poor he got like more then 50mil to spend just for risking on the markets, by the time his binance futures got like 70k $ loss he started to move more money in trough cryptocurrency exchangers but it was taking time so by the time he managed to buy more crypto in order to ADD more Margin the position just got liqutated.

5.there was also few sad stories when people took huge loans and Lost. ( One guy after ftx collapse off course decided to take his life)

So this fund manager got very interesting experince.

But what is most miracle in the story how many people are in the world who can lose just 30k $ 100k $ 1mil $ or even more and it doesn't even disturb them so much.

Those kind of selfmade private fund manager groups and signal providers are nothing new or rare If you look Facebook or Telegram you will see many of them forex stocks and cryptocurrency traders groups who claim to be helpful and good.

However, by reading all this now it make sense why grazy people getting money lol.
And also i Understood why people willing to put money in meme coins like over 5000$ and when coin get rugged the person lose money in seconds...and yet they still invest and buying.

I really asking what a world we live is everything are reverse?lol

[Lanatsa]

This show's us that people live in totally different worlds and like different dimensions no wonder why markets are full of money

There's always that inequality on which in between those Rich and Poor people, when it comes to investment then it will really be that understandable on who do have that edge and who do have that kind of buying power or purchasing or whatever that do talks about financial capacity on which it will really be that understandable that they will really be having that kind of advantage or edge. For those who are sitting on the middle to poor level then it will really be that hard for them to made out some move. If these people do able to invest big despite of still losing or depositing to increase their margin to avoid being liquidated then it will really be that up to them. There's no problem to those who do have that huge amount of money, but for those people who do took up some loans in order for them to put up money then thats really that suicide and would literally be ending up on taking their own lives because of financial devastation.

It is really just that there are people who do get blinded with easy money just because of those fake gurus and professionals on which they've been that boasting up themselves that they are good and even showing up some fake portfolio or winning trades and to those fools who do easily get fooled then they do easily believe that it was achievable or really that guaranteeing such success on which we know that this isnt really that 100% precise or could be faked out. If a certain trader is good then he/she wont really be that hassling himself on handling out other peoples funds. It is really just that being too sad that there are people who do really that easily believe that their money would really be that becoming even more bigger. So it will really be that up to you on how you do deal up with things accordingly. It is really just that a matter of using up your own common sense.

[franky1]

sounds more like this title and story should be:
"pump and dump organiser shows excuses for his morals"

with the story being his victims of his pump and dump announcements dont care about losing so he doesnt care about them losing either

im glad the OP's 'friend of friend' is no longer a trader group admin(pump/dump organiser) good riddance to him

[landheer]

Those kind of selfmade private fund manager groups and signal providers are nothing new or rare If you look Facebook or Telegram you will see many of them forex stocks and cryptocurrency traders groups who claim to be helpful and good.

However, by reading all this now it make sense why grazy people getting money lol.
And also i Understood why people willing to put money in meme coins like over 5000$ and when coin get rugged the person lose money in seconds...and yet they still invest and buying.

I really asking what a world we live is everything are reverse?lol

everything must have happened just like that they did it in meme coins, because they have a lot of hope in it and trying to invest is something they like, of course the things they expect but the reality is always far different, of course the intended results are not as easy as they seem, by looking at crypto currency they also have a way for people to see it as profitable, and that's how rich people get money.

[Roseline492]

So everyone lost some money, and he still claims he got experience .

Let's talk about money, few people got so much of them that they can't even spent in their entire life and those people will do such things with the money, they don't be afraid to lose when those came in to a platter for them. While the one who earned that money from scratch and became a billionaire will still care for the money they lose, it has to be something useful for them which shows the drastic character and why most people who manifest about money can't make it while few are destined to reach it.

I honestly don't know what to make of this story other than saying don't be a stupid as they are.

But many of them for example one person who invested 1mil into shitcoins was the real estate developer.
And kind of educated, so can you really say in general sense was she stupid?
I think she wasn't stupid in general sense.

You are missing what @Findingnemo is trying to let you no because he is telling you nothing but the fact, he wasn't saying the person you are referring to which lost that so much amount is stupid but he is actually saying that nobody willingly give up such funds with the intention of losing it, it doesn't happen, there must be sad emotion after that, actually if it was a story you read they have actually forgetting the part of how the person felt about it later on, however you said the person was a developer which means he is still working to get paid or from people buying his products, so in other words he is looking for money so definitely is a losing he will never forget all his life.

[jcojci]

If someone want to have a big profit instantly, he will disappointed because nothing can give instantly. At least, he need to wait for some time before he can see the profit. But that is what happen with people because we may have seen many people still doing that without think much about the fact.

That admin may success with his private trading signal but those who joined him not get the same thing as him. It is too risky if we only follow one person suggestion without we have skill to analyze more his suggestion. If more people realize that they must responsible with their money and not let others manage their fund, they will not lose their money. We hope more people can learn from that story.

[davis196]

1.Please move this forum thread to the Trading Discussions forum, since your forum thread isn't about Economics, it's about crypto trading.
2.Can you provide any proof that you friend's story is real? The story could be real(there's a lot of rich people spending absurd amounts of money on crypto trading), but it could also be fake.
3.If the story is real, your friend's friend had the best job ever- Managing rich and bored people's money. I don't know how he got rich people to send him big amounts of money just like that. This sounds too good to be true. Did he convince them via Telegram group chats or something.

[franky1]

2.Can you provide any proof that you friend's story is real? The story could be real(there's a lot of rich people spending absurd amounts of money on crypto trading), but it could also be fake.
3.If the story is real, your friend's friend had the best job ever- Managing rich and bored people's money. I don't know how he got rich people to send him big amounts of money just like that. This sounds too good to be true. Did he convince them via Telegram group chats or something.

(2)
this topic has the feels that the OP is the ex-pump/dumper.. using this topic as his own therapy session. saying outloud the excuses to relieve himself of his guilt of his actions..
trying to announce to the public that his victims didnt care to lose, tries to attempt to give him therapy of not blaming himself for their loses he caused.

the topic is then just stylised into a story to hide who he is and what he done and the guilt he has by making it sound like a story about someone else

you know. you go to therapy and say to therapist "i got a friend who" where the hypothetical story and friend is actually the real life experience of the story teller himself

(3) no one knows if the story teller got rich from his scheme or quit due to failure. but the essence of the story is to announce ot the world his victims didnt care to lose.. you can just google pump and dump groups and learn how the scammers do it. but essentially yes they become influencers on social media to recruit naive traders and convince them to join private chat groups to get so called "trade secrets" which in reality is getting naive traders to just purchase when the influencer/organiser tells them to

[Bigcitytiger]

1.Please move this forum thread to the Trading Discussions forum, since your forum thread isn't about Economics, it's about crypto trading.
2.Can you provide any proof that you friend's story is real? The story could be real(there's a lot of rich people spending absurd amounts of money on crypto trading), but it could also be fake.
3.If the story is real, your friend's friend had the best job ever- Managing rich and bored people's money. I don't know how he got rich people to send him big amounts of money just like that. This sounds too good to be true. Did he convince them via Telegram group chats or something.

It's about economic situation how people live in different dimensions and a lot different world.- so it got point of economy too
No it's about rich and wealthy so since those people involved did not felt like they are wealthy even they are very wealthy they could't belive that they are extreme wealthy they felt like they doing just fine and live just good and got resources.

If you force me to move topic ok, you the boss here but it's also about economy to give different view how people live... specially now when goverments talking about tighten the budget and other issues the inflation and others there is still people for whom money is not something sacred but they could rather gamble this.


Also, i use to know person who lived in UK London when UK was booming, the guy was gambling on casino like 30k-50k £  month yet this guy was not even educated and did not had any skills much but he was in the right business right time with right people but no school education nothing no skills only skill he got was driving car and little emglish guy was from eastern europe poor background but got lucky when UK was booming and borders opened so he made money there. ....Im not sure where he is now but he left UK when economy not so good in UK anymore he probably in dubai since huslers Went in Dubai after UK economy falled

So ......Im just try to show you here that world has much more colors then anyone could think some people have so much money to lose and gamble and so colorful life.

People who don't know this stories it means they haven't seen enough life and different people but If talk with anyone who seen life and seen different people they got same story or similar stories legends about people who they knew was doing interesting things

[Agbamoni]

For example:
1.one person invested only because to get adrenaline boost even If person Lost like 30k $ he was happy it sounds grazy but person was happy to lose.- because nothing really exited going on his life so losing large money on the market was only thing something happening in otherwords his life was boring.

This is so funny, so after taking the adrenaline boost, he felt very okay for losing. Ok, was he still happy after the adrenaline expired from his body after 6 hours? because common Epinephrine take nothing more than 6 hours to expire from the human body.

I don't know how you got this entire information if you weren't very close to the funny group admins if you are not him. It seems you know everyone in that group to home. Unless your friend took out time to tell you the exact story words for words.

[Usdcboss]

For example:
1.one person invested only because to get adrenaline boost even If person Lost like 30k $ he was happy it sounds grazy but person was happy to lose.- because nothing really exited going on his life so losing large money on the market was only thing something happening in otherwords his life was boring.

This is so funny, so after taking the adrenaline boost, he felt very okay for losing. Ok, was he still happy after the adrenaline expired from his body after 6 hours? because common Epinephrine take nothing more than 6 hours to expire from the human body.

I don't know how you got this entire information if you weren't very close to the funny group admins if you are not him. It seems you know everyone in that group to home. Unless your friend took out time to tell you the exact story words for words.

It remains some satanic cults like church of satan and levey kind of grazy guys who run the cult and members in the happy to sacrafice even their lifes because it's a Cult.

However there is no limits of "human graziness"

[Fortify]

Former private group trading admin who use to run trading group for cryptocurrency spot and derivates.
The guy not friend of mine but my firend of friend:
On Telegram (unlegal hedge fund kind of activity)
He told about people who wanted to invest, while world speaking about not enough money or economical struggles the people who wanted to invest with him by his instructions and giving money to be managed under his management it was very interesting experince the people was very interesting who got involved in this:

This show's us that people live in totally different worlds and like different dimensions no wonder why markets are full of money

So this fund manager got very interesting experince.

But what is most miracle in the story how many people are in the world who can lose just 30k $ 100k $ 1mil $ or even more and it doesn't even disturb them so much.

These just sound like a bunch of random stories you've made up and claim that a "trader" told you. Proper traders don't take on individual accounts in the way that you describe, they will be employed by a brokerage and it is bad for business if they allow their clients to make these sort of reckless moves, but the way you described them suggests that these individuals were taking actions without your "trader friend of a friend" having any influence in the deal at all. I will agree with your last point, which is that there are many people out there who are willing and able to throw around large amounts of money like they are pocket change - maybe it is something that only a few of us will encounter when reaching retirement.

[Reatim]

He told about people who wanted to invest, while world speaking about not enough money or economical struggles the people who wanted to invest with him by his instructions and giving money to be managed under his management it was very interesting experince the people was very interesting who got involved in this:

your friend is well connected because there’s no one who would be putting out money like this just for laughs and giggles i am not even entirely sure if this is true because your friend has got to be the best conman ever to have people investing

even rich people do not play stupid as much as we think they do

[letteredhub]

But what is most miracle in the story how many people are in the world who can lose just 30k $ 100k $ 1mil $ or even more and it doesn't even disturb them so much.

Not so many people in the world right now would lose such big amounts of cash and won't just only get disturbed but will want to o take their life. If anyone loses between $30k-$1M and still goes on about his normal life as if nothing happened then you should understand that they have so much money in their name to the extent that $1m to them seems like $1k. But funny enough is how there are still people that will lose that $1k and feel as though the world is coming to an end on them. Lol.