cryptotom

XRP VRA QNT XTP ACH Trader, entrepreneur, investor

[cryptotom @FuneddaTom]

If the bull market don’t come soon a lot of people will be scared and will be out the market, that is our time to get in and make money on the losses of others 🤩

See you on the other side 🏝️

[Ed Markey @SenMarkey]

I just left the classified briefing on Iran. And it only confirmed what we already knew:

Donald Trump is waging an illegal war and he has no plan to end it.

[cryptotom @FuneddaTom]

@Sheldon_Sniper Filcoin

[Crypto Banter @crypto_banter]

Telling my kids this was …….. https://t.co/IzOrKhLSp2

[cryptotom @FuneddaTom]

@MartiniGuyYT CBZRvNjWziGuNivva8jBmty43g37ff4yYGWA876T7FeH

[Crypto Banter @crypto_banter]

Crypto Banter has always been about changing lives.

Do YOU know someone who is in NEED of a break?

@cryptomanran @Sheldon_Sniper @kyledoops have a message to share 👇🏼

[Kyledoops @kyledoops]

$GALA just smashed through a major resistance level and is now retesting it for support.

If it holds, this could signal the continuation of an uptrend🚀

[Andrew Tate @Cobratate]

40 properties. No mortgages.

58 cars. (Including 3 koenigseggs, a Bugatti, Rimac, Pagani)

A jet.

A yacht.

Fame.

Muscles. Height.

Huge dick.

Humble.

It’s game over for you children.

[Tate News @TateNews_]

Never lose hope Tate spitting facts 💯

[cryptotom @FuneddaTom]

@MartiniGuyYT Real trader

[TheDream⚜️ @TheDreamCrypto]

I wanna share some thoughts about the whole $VRA situation & what my opinion is about some fkn geeks in this space. Take 1 minute and read 👇🏽

At the beginning everyone invested in the project with 110% confidence, it had a beautiful run last bullrun WITHOUT any achievements they have right now. Tokenomics changed during the journey and many people disagreed what i can understand! FUD started to escalate and the team @verasitytech started noticing it, they took action.
Consultation opened and the whole community started participating.

1 week ago we’ve had the live roundtable and they invited influencers to talk with them to ask whatever they wanted about the tokenomics, they did and we’ve got our answers. Tokenomics will be changed but it will take some time what is understandable. Now we’ve got @_TimeShare_ who also participated at the roundtable and found some information what is imo solid work, good job bro.

BUT what now guys. Everyone is fkin crying about whatever they “think” will happen and new bullshit is starting to come up. You know i was thinking about 1 thing. What iff EVERYTHING will be fixed how everyone wants and I believe this will happen, don’t get me wrong! And the price didn’t move how everyone wants it to move.. what are you going to do? Blaming the team and other “influencers” it’s their fault? 🤣

People have to understand that EVEN $VRA is not a promised spaceship who will moon to fkn Valhalla, NOTHING IS IN THIS SPACE THIS IS THE WILD WEST. So I’m very curious about everyone who is overexposing themselves about any investment they did, what do you actually expect from your investments? That they all guaranteed will moon? Habibi wake up and stop barking. It’s time to diversify your investments and build a proper strategy to cash out 🤝

I’m waiting patiently for the bull and whatever will happen with #Verasity will happen. It’s up or down I don’t give a fk because everyone with a healthy 🧠 has to know that nothing is promised in this world and space. Man up and hodl with 🤫

As always christ is king 👑

[Luke Belmar 👽 @lukebelmar]

As a man thinketh, so is he.

Whatever the mind can believe the body can achieve.

[That Martini Guy ₿ @MartiniGuyYT]

I made more money on one stock this year than i have in crypto in 2 years

I sold #bitcoin between $22,000 and $30,000 to pay for the investment

I invested £1m

I don’t plan on liquidating my position soon because i believe in the long term of vehicular automated processes

I think in the future most manual processes will be automated

I did not feel comfortable selling my baby bitcoins i have held onto since 2013 to take this risk

But when i sell 1/17th of my position i can buy all my old baby bitcoins back

I realised that sometimes we just can’t force the bull to come back

We must look for opportunities in new markets

If you are not looking for opportunities on a broad scale, the opportunities you do find are probably not the best out there

Keep searching. Good deals are out there.

Even in crypto right now, there are hundreds of amazing opportunities, some of them may take a while to pay off but when they do, the payoff is huge.

Don’t forget #bitcoin halving is very soon. The bull will come.

I want to buy all my babies back before the next leg up, I don’t know how possible it will be.

Life is not worth living without the pursuit of a better life.

[Luke Belmar 👽 @lukebelmar]

If you do only fans you’re not an entrepreneur you’re a prostitute.

[Luke Belmar 👽 @lukebelmar]

It doesn’t matter if your parents don’t believe in you.

You can’t expect them to see what you see. It’s not their vision. You can’t expect someone to see a dream that wasn’t for them.

Prove them wrong with your actions.

You got this.

[cryptotom @FuneddaTom]

@MartiniGuyYT Have u taken already @Themartiniguy_
Also what’s your leverage

[That Martini Guy ₿ @MartiniGuyYT]

The short of $TRB has been great

A very profitable trade indeed

There are other altcoins pumping recently that could make profitable short positions

One of these altcoins is $BLZ

Lets explore if shorting $BLZ makes sense

$BLZ has been pumping since 12th august, over 1 month of solid upwards momentum

This has attracted large amounts of shorts

These shorts have caused the funding rate to go high but not as high as $TRB

The funding rate for $TRB reached bybits -2% cap

On other exchanges with no cap on funding $TRB funding reached -10%

$TRB APR reached just under 2,000% at its peak

This was due to the funding rate triggering every 4 hours

To compare this with $BLZ, the current funding rate is -1.01% every 8 hours

$BLZ APR is currently only 40% which is 20x higher than average but much lower than $TRB

It appears to be from the same playbook and has actually been going on for a longer time with the $TRB pump lasting around 23 days vs +30 days for $BLZ

The goal with these pumps is to buy up the liquidity from the market

People short the coin that is pumping because it shouldn’t be pumping, there is no news, no development & it should crash

They hold the short because they know the price will crash they just have to put up with funding rates

To the holder of the short it does not matter how negative the trade goes because eventually the VC will sell to take profit

However their funding rate is paying huge interest to interest rate farmers & stakers

The question again is can you hold a short long enough to profit or will funding rates eat any profit that could be had from the trade

I have paid $11,390 in funding on my $TRB short and have turned a $34,939 profit from shorting so net positive was possible

$TRB & $BLZ have pumped similar amounts from the bottom

I think $BLZ will drop around 30% in the next 2-3 days

I will be taking a $100,000 short on $BLZ using 1x leverage

I think the setup on $BLZ is incredibly similar to $TRB but it is less volatile because funding is less frequent which puts less pressure on holders to take profit

How can you profit?

Well if you have the nuts for it, shorting $BLZ could be in the short term very expensive with funding over $4,000 per 24hr on a $100k position

But if the drop is similar to $TRB then the profit should be $35-40,000

So in theory you could maintain your short for 10 days without worrying if it would be profitable assuming the price crashes within 10 days

I have opened my short position

Will you be taking the trade?

[cryptotom @FuneddaTom]

@MartiniGuyYT U still in your trades

[That Martini Guy ₿ @MartiniGuyYT]

The $TRB short could be the most profitable trade of 2023. Let me explain…

1 - Random Altcoin $TRB gets pumped by shady VC

2 - Shorts pay 2.0% funding every 8 hours

3 - High funding causes 1948% APR on binance to stake your $TRB coins

4 -People stake their coins for high APY so there is little selling pressure

5 - DUMP - Once enough coins are locked in staking and volume for the pump starts declining, the original VC starts opening shorts

6 - The price starts leveling off with the huge shorts opening

7 - The original VC that bought sells coins into huge liquidity from all the stakers making 400% profit on a large amount of money

8 - Price drops 75% in a few hours and original VC now takes profit on short raking in millions of dollars

9 - Repeat on next low market cap altcoin.

So how can you make money from this?

Well its not without its risks..

Every 8 hours you lose 2% of your trade value

I am short $TRB

Trade sizing is important, it will crash eventually its just a question of how long this pump will continue

If you do not use leverage or use very low leverage then you will probably avoid liquidation and thus inevitably profit

All you need to do to profit from this is not get liquidated and you are virtually guaranteed to profit.