Market Making is often misunderstood, in #crypto but also #predictionmarkets like #polymarket. But it's actually quite simple and even fits more naturally with prediction markets. We make a guess and we place our "bets" a little below that guess and earn the difference.
X and now also reddit unfortunately are full of "I found wallet X and reverse engineered their strategy which is ...." (note, the post in the video is not one of these, that one is just the first post I came across and it was actually just an interesting position).
It's mostly bullshit. I think most of you can see that but it's hard to prove, well not hard, but a lot of work.
In part that's why I made the strategy analyzer.
In another part is to actually find interesting and inspiring traders and see what they do without spending hours on it.
This goes through every single stamp on chain, all positions, all trades and individually analyzes (GPT 5.4) each trade, position any trader has made, 25 specialized agents with a lot of tools and a lot of data.
I'll try to post an analysis here once every other day. If you have requests, let me know.
@MaxCrypto In case anyone is curious it's 0x049bdc370620beab340b01072fa580fd57745e7d 25 positions so far, fairly good track record, only trades eth and btc https://t.co/4cOyNE91CG
@JakeMuskHalla It's short for wangrong, I'm half Chinese, I didn't know it's axiom for wanker.
But also, it's full in browser. Not like you're sharing anything and that's something you can check or see with minimal technical knowledge
@josedonato__ I track all of them, they set orders but shortly before they execute them. They rarely leave them open. Sometimes you see 100s of orders distributed just before execution.
Some have limit orders set but I think a lot use scripts and maybe semi automation
Hey, thanks for the comment. I think that if you want to gamble, then you don't have to test anything. But if you want to see if you can make money, or try to figure out how you could. Then the only way to do this, is testing, and ideally, since you don't know your expected return, or if your hypotheses have legs, you'd do that without money.
I actually hope this deters those who would gamble by seeing they wouldn't earn anything and do not get sucked in to making their losses back and encourages those who want to put in the effort and learn a bit of probability and statistics to see if they can find an edge that continuously works.
Of course the risk after is not interfering with a system that works and starting to gamble.
But I believe the ones who'd try to learn will keep that discipline and the ones who would mess with a working system to gamble would gamble in the first place and not paper trade.
@BitcoinArchive Yes, but also mostly just thin books. You can see how far the price moves on any exchange given some market orders https://t.co/BtqVq2ELpp
@MaxCrypto Same whale as in the last few posts. He is scalping. Opening and closing positions. Has a horrible history up until this latest position they always lost. And not a little https://t.co/TKwtcU5GB5
@GordonGekko A few people have problems. I think at one point you also, as a normie have lost so much you can never get into the mindset to make it anymore. His persona makes it easy not to feel bad for him though