Regbil

Big risk, Big reward

[Regbil @RegbilTrades]

How I Made My First 1.5 Million Dollars in Four Months and Then Almost Lost Every Cent

It’s 2017, I’m a broke college student working at Starbucks, worried about paying off student loans. I’m not sure what I’m going to do after university: school is boring, but I don’t want to make lattes for the rest of my life. Because I have to work, my grades are tanking, my family is upset, and everyone thinks I’ll be nothing.

Broke, worried, and desperate, I decided I needed a way to escape.

Early 2017, Bitcoin is worth 1,000 USD. It’s gaining some traction, but most people immediately label it a scam. With promises of quick money and no other solution, I started tracking the chart.

Fast forward a few months and Bitcoin has doubled in price, hitting 2,000 USD. FOMO hits hard, so I scrape together my ten-thousand-dollar net worth from my savings and decide this is my escape. Bitcoin gave me something I didn’t have anywhere else in my life: hope.

Young, dumb, and broke me at the time didn’t think of “risk management” or the consequences. With minimal knowledge, big balls, and hope, I took a risk: long BTC, 20x leverage, ten thousand dollars.

At the time, I was only hoping to make at most double my investment, but my perspective quickly changed. By December that year, my almost five-Bitcoin position is worth 1.5 MILLION dollars. I still remember the feeling of closing that trade—it was like buying my future. In that moment, I decided, fuck Starbucks, I’m going all in on this opportunity.

I felt invincible, untouchable, and unsurprisingly, this is where things went wrong for me. By this point, Bitcoin had dropped down to 12k. I naively thought I would quickly catch the dip and make 8 figures. I was inexperienced; I didn’t know the risks of leverage on the downfall. I only knew the upside. I watched my 1.5-million-dollar portfolio turn into 300k in a week.

I had no job, no support, I had dropped out of college, and I was down 1.2 million dollars. I had to close the trade. Most people would’ve stopped at this point, but I didn’t. I reflected, I sharpened my emotions, and waited until what felt like the perfect time.

To make a long story short, I bought in at 3k. I risked 300k, my future, and my family’s hopes in one trade. Less than a year later, I bought my family a house and owned an AP.

Trading is brutal, 99% of people lose, but most people stop before they win. I could’ve easily become another statistic - but I refused to accept that. Before I was in the one percent I believed I was the one percent and that’s what kept my trading during my lowest moments.

[Regbil @RegbilTrades]

@ramarxyz @jito_sol @bubblemaps How could a bundle ruin the presale? It’s literally the core function of the protocol that processes more than 50% of all transactions on the entire chain

[Regbil @RegbilTrades]

You are wrong as always, at least all the wallets from jupiter’s post are mine.

Do better research next time.

[Bubblemaps @bubblemaps]

BREAKING: We found the identity of the $WET sniper

"Ramarxyz" claimed 70% of the @HumidiFi presale using 1,000+ wallets

Then dared to ask for a refund

🧵↓

[Regbil @RegbilTrades]

This isn’t 2017–2018 anymore, when nobody knew how to connect code to the blockchain.
The main protocol on your chain for handling bundles is Jito. You literally use it yourselves in your own solutions.

If you don’t want people to use features provided by this protocol, which are widespread and public, then you should take care of that in advance or at least put a warning on your website, instead of mentioning it after people have already paid the fees and bribes.

Will you refund those fees?
Will you compensate the people who have already hedged their allocation?

If not, you can’t even think about redistribution, not even because of the people crying who don’t want to do anything except log into the website 10 minutes after the public sale starts and try to press a button.

[Jupiter @JupiterExchange]

good news: the $WET presale was very hyped and a lot of people wanted to get in.

bad news: just a few botters were able to use bundled txns to snipe a substantial amount of the supply in seconds.

good news: after discussing with the @humidifi team, we're going to find a solution to ensure a more equitable distribution

details coming soon, stay tuned.

[Regbil @RegbilTrades]

Unfortunately, this did not work out. Technical problems on my end prevented me from depositing, which is unfortunate.

[Regbil @RegbilTrades]

It is a bit late to discuss this. But I will try to deposit $10m+ here via phone, so no guarantees of success.

[Regbil @RegbilTrades]

It is a bit late to discuss this. But I will try to deposit $10m+ here via phone, so no guarantees of success.

[MegaETH @megaeth]

Introducing the MegaETH Pre-Deposit Bridge

USDC on Ethereum → USDm on Mega mainnet (Frontier)

$250M cap. Nov 25th.

[Regbil @RegbilTrades]

Everyone who is bearish is wrong.

People significantly underestimate the extent to which this administration is calculated, and fail to understand that they will not let the economy down under any circumstance.

Everyone is concerned with the fact that AI is blowing up:

1. Although there has historically been correlation between these two asset classes, they will depeg very quickly and violently as investors begin to realize they are entirely different asset classes.

2. The AI asset class is far from blowing up - though might eventually do so. Trillions are set to flow into infrastructure development from nations, such as Saudi, recently, and companies.

While everyone is scared of volatility, I simply buy more and more, and that is why I win. It’s very easy to be bearish when everyone else is bearish, but then again, making money is very difficult in a mercenary market.

[Regbil @RegbilTrades]

Interesting.

[NMTD.HL @NMTD8]

CZ & @binance are selling YOUR $BTC to liquidate YOU.

So they can buy it all back cheaper & pocket the change.

Withdraw all your funds from Binance. Stop feeding the parasites.

[Regbil @RegbilTrades]

@RainbowCapy yes

[Regbil @RegbilTrades]

I’ve been trading ETH for 8 years. ETH has always been the asset of innovation. I have seen it go through highs and lows however our community has always prevailed. We have seen revolutionary technology built on the chain during every cycle - most do not recognise this. When global organisations look towards implementing blockchain technology, they look no further than Ethereum. It is the home of international, free payments for stable coins, and will very likely be the home of banks. I have seen time and time again market participants neglecting the fundamentals and chasing what seems to be a quick dopamine hit of short gains. The truth is, ETH is, and will continue, to be the most prominent asset in the cryptocurrency landscape for development.

[Regbil @RegbilTrades]

These new trading terminals, like fomo, axiom, etc. have very little value to clients.

Their UX is by no means worth the fees, especially for the very little innovation in this sector.

The next terminal to succeed will be one with true value.

[Regbil @RegbilTrades]

Blackrock have started to develop their own tech (presumably KYC L2).

[Regbil @RegbilTrades]

The future of crypto is very unlikely to be decentralized.

When Vitalik was working at Bitcoin Magazine, he envisioned a fully decentralized, private digital world. Instead, what we have now, are major banking institutions, who have identified this major opportunity, working on developing L2s. These L2s will certainly have AML and KYC policies in place, which would effectively provide their clients all the existing benefits of blockchain technology.

In the future, this will limit decentralized growth, as the onboarding process will not happen on our native markets; instead, it is likely to occur on platforms such as Robinhood, which have native bank integration. With all the benefits of crypto’s markets integrated into a familiar platform, adoption of the decentralized asset class may slow down.

The easiest way to capitalize of this is to bet on $HOOD and $COIN, which I have been positioned in for several years now.

[Regbil @RegbilTrades]

The market always move in the direction people least expect it to.

If you are positioned with the general consensus, you will lose.

The best time to buy is always when the ‘smart’ people on the timeline are calling for a reversal in the market trend.

We are not close to a bear market; in fact, this is nothing compared to what can happen.

[Regbil @RegbilTrades]

This is the volatility you strive for as a trader.

It’s all fun and games when we are hitting ATHs everyday; it’s even funner when there are flash crashes and liquidations.

Big risk, big reward.

[Regbil @RegbilTrades]

Same case, same event.

Higher

$USELESS

[Regbil @RegbilTrades]

At one point, I was down $450,000 on my $1m position.

Everyone was screaming at me to sell, calling me reckless, idiotic, and incompetent.

Now that $USELESS has recovered from the drawdown it’s experienced since I’ve been involved, I expect it to go parabolic from here.

The most important ideology I’ve held onto is to not be an emotional trader.

If you want to succeed, you have to be the wolf that catch the slowest sheep.

[Regbil @RegbilTrades]

@_Lock_And_Load_ yes, ofc

[Regbil @RegbilTrades]

The future of crypto is very unlikely to be decentralized.

When Vitalik was working at Bitcoin Magazine, he envisioned a fully decentralized, private digital world. Instead, what we have now, are major banking institutions, who have identified this major opportunity, working on developing L2s. These L2s will certainly have AML and KYC policies in place, which would effectively provide their clients all the existing benefits of blockchain technology.

In the future, this will limit decentralized growth, as the onboarding process will not happen on our native markets; instead, it is likely to occur on platforms such as Robinhood, which have native bank integration. With all the benefits of crypto’s markets integrated into a familiar platform, adoption of the decentralized asset class may slow down.

The easiest way to capitalize of this is to bet on $HOOD and $COIN, which I have been positioned in for several years now.

[Regbil @RegbilTrades]

I have established a position in $APEX and plan to add more to this.

$APEX seems like a free trade given Bybit’s command over its performance; and they have a very clear track record of winning.

[Regbil @RegbilTrades]

@Chillingg64 @_Lock_And_Load_ @theunipcs everything is visible in original tweet.

[Regbil @RegbilTrades]

I have officially closed this position out at $1.1/XPL token, for a total profit of just under $12m USD.

I see a lot more opportunities in this new environment, which I will discuss soon.

[Regbil @RegbilTrades]

With less than a month until the official launch, I wanted to make it clear how I feel about Plasma. Plasma has interested me from the getgo - zero fees, quick transaction speed, and a Tron alternative for stablecoin transactions. Despite the high demand in the pre-sale I managed to make a sizable position. My investment represents not only my belief in the platform but in the team running Plasma. I strongly feel that considering CEO ​​Paul Faecks’s involvement, Plasma is certain to succeed. Paul has a lot of experience dealing with Banks and large companies in and outside of crypto. He understands how to scale a tech company and I know that Plasma will not be an exception. Since BTC has hit 100k, crypto has seen more publicity than ever. Ordinary people are getting involved with perps trading and meme- coins. Stablecoins are growing their client base exponentially with USDT having increased its market cap by nearly 40 billion in the last 8 months. This growth in addition to the timing of Plasma makes it clear to me that there will be a new centre for all USDT transactions. Combine this growth with the Trump admin as well as the stablecoin bill and it’s clear that platforms like Plasma will gain significant traction and become the new norm for stable coin transactions.

[Regbil @RegbilTrades]

Most have now acclimated to the new utility meta - despite many being early to this, including Plasma ICOers and Aster buyers, I do not see this slowing down any time soon.

Many great products have delayed TGE in anticipation of this market, as memes and other scams were the center of CT at the time.

This will be reminiscent of 2021, and those who will miss out are those who believe it is too late.

Nonetheless, memes will see another season, as capital rotates from these wealth creation events down the risk curve.