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Bitcoin or Slavery https://m.youtube.com/watch?v=jxdCvGg1ROA&pp=ygUYQml0Y29pbiBhbmQgc2xhdmVyeSBzbyBn
Trial and error. Honestly I look at a few things. TLDR summary (still long lol). There only 1 trader I’ve found that has been safe and consistent with profits out of 20 I’ve used. During these past few weeks when everyone has been losing money, he’s made me a lot of money. He only trades DOGE, ETH and XRP. Copy him before he’s full. TraderRM is his name. Use the multiplier setting and leave everything at default, don’t set SL or close positions, I’ve found he is actually trustworthy and knows what he is doing. He has really good RM, does regular DCA’s, doesn’t do deposits mid trade that messes up the multiplier ratio that leads to failed orders, he’s not scared to close a trade and take a loss if it goes south instead of keeping them open trying to keep his win rate up and allowing them to ramp to massive negative levels, he doesn’t eat up all you margin on a single trade (mathematically he using about 5% of your current available margin per trade and DCA), generally he never leaves trades open when he sleeps so they are always monitored (he seems to be most inactive around 11am-7pm EST, he’s in South Korea/Vietnam, so I assume that’s him sleeping), he generally seems to focus on multiple small fast scalps instead of being greedy and trying to ride the trade to huge numbers. I’ve got around $4000 with him and this past week he has made me $100 to a couple $100 a day in this absolute shit market. May not seem like a lot but it adds up by the end of the week especially when you see everyone else bleeding (I’m eager to see his performance in a better market, I think he will be able to make me a few $100 a day minimum at that point). Anyway, that was the longest TLDR ever lol. But these are things I look for in other traders. Obviously higher win rates but doesn’t have to be 100%. Then I prefer traders that are actually trading their own money and not those BS ones that only keep $10 in their account to manipulate the ROI. Don’t get tricked by big flashy win rates or ROI numbers. Next I look at the followers profits. A lot of times the trader stats look solid but the follows are horrible. If you see most of his followers in the green, that’s a good sign. Especially when he has higher AUM from followers vs 100 people with just $10 each. Next is I look at their winning trades. If they are only winning them by a couple of percentage, then generally due to the system delay, yours will actually close negative and you lose money. A few here and there is fine but if the trader is consistently closing trades around 5% or less, generally I find it not worth it. Then there is the ones that don’t have proper RM. you don’t want them to put all your margin in a single trade. Sure when they win, they win and you make fast money. But it takes one bad trade a full margin to complete wipe you out. Another huge one is trader that deposit funds when there are open trades. If they do this, it messes up the ratio between your margin and theirs. Which leads to trades failing to execute which is especially bad when it’s a DCA that fails cause now you’re almost guaranteed to close in a negative number when they close the trade out because there’s will be positive number due to the DCA that you missed due to failed order. So traders that add money with open trades is a huge no for me, it’s asking for big trouble. Adding money when no trades are open is ok. Another big one is I look at all their losing trades. If they let trades get liquidated, that’s unacceptable. At that point they should at least close the trade out so you can keep a small out of the funds put into it. There is no reason you should ever let a trade liquid. Also if they have massive losses and a lot of them. I’m talking out of let’s say 10 losses, 8 of them were over 100%, that’s a turn off for me. Losses is part of it but if they ones they are losses are massive losses, it makes me very hesitant especially if they use large amounts of margin per trade cause that can wipe you out fast. Not worth the risk imo. I mean that about it. I also like traders that have been trading for at least 30 days so I can see how they perform. The way I filter through traders fast is by instantly checking their followers PNL. If their followers are making money, then I’ll dig into the other stats listed above in more details. There was a few other guys I was following that did ok. XTTrading was doing very good and had good RM but these past two weeks with this crazy market, he hasn’t don’t good and his follows went from good positive PNL to substantial negative PNL cause he hasn’t serval trades open past -100 ROA that all got liquidated in that big crash on 2-2-25. He tends to leave trades open for days, sometimes weeks at a time. When they market was good, he was making good money but TraderRM mentioned above made better profits and has a much better strategy overall. Honestly no point in using XTTrader with TraderRM around. Another one that’s very high risk, high reward is orcinus orca. He doesn’t have much followers. He has a habit to use ALL your margin on a single trade which can lead to massive wining profits. But if things go to shit, he has to deposit money to DCA which means you have to deposit money and then the ratio is all messed up and there is high chance of the order failing unless you’re really good at mathing out the difference between his ratio and yours to ensure you deposit enough money an order won’t fail. He tends to have a decent week followed by one massive loss that wipes him out. He’s made up up to a grand in one day with small margin. And instead of me pulling that profit out when I should have, he then lost it all on the next trade. So it’s a risky game with him. Overall, I recommend staying away unless you want to gamble with a small amount to make it bigger. Lately he’s been a little less risky after the last two big losses he had. But still extremely high risk. Constantly remove your margin, don’t let it compound with him or he will lose it. Well that’s it I think. Highly recommend checking out TraderRM.
Unfortunately if you look at the top wallets they all continue to buy. No one is dumping at this point, it’s natural redistribution. But I will agree with you on the spamming, we are a bunch with conviction, and just want to spread our word everywhere! We’re aiming for billions, so even if by chance we fall short and land in the 100s of millions that’s still an amazing ROA from this price point
I have mine staked in an ADAlite pool (can't remember which one) and the ROA 30d was 3.74%.
Hmm, 150% annual ROA makes goat milk the best performing asset class I'm aware of. Sell your BTC and buy more goats!
The fed gets involved due to the actions of the banks. It is a reactionary agent at best, with the only proactive action in its toolkit being to control reserve rates. The point here is that if the fed prints 1 dollar, that one dollar will land in a bank and have 90 cents of it lent at a 10 percent reserve, ad nauseam, which forms a geometric series where the money added to circulation is multiplied by the reserve rate. So A/r where A is 1, and r is 10% means you have a fraction in the denominator making it a multiplier. So after all that, the fed issuing 1 dollar turns into 10 dollars in circulation _because the banks are lending out money that doesn't physically exist_. How can one say that the layman doesn't understand how the fed issues money and imply they are the sole contributor to dollar inflation, when almost the entirety of the extra m1 supply is virtual money created exclusively via loans by private banks? The fed is less of the issue than unadulterated greed from the banks in general, because fed policy would be a non issue if the banks actually paid half the interest they charge on loans to their depositors...but instead that wealth is siphoned off depositors and obfuscated to appear as if their return on assets metric is super low, even though a 1% ROA when a banks primary assets are loans and its liabilities are its deposits is actually insanely high due to the nature of banks. An argument to be made for your point of view though, would be that modern recessions are seeing bank assets spike upwards mid recession, which hadn't occurred before the year 2000, and which has massively occurred since things like the bailouts and quantitative easing came to become the norm, which would be fed action. That said I would argue it only compounds the larger issue of fractional reserve as the money injected via securities purchases ends up as a bank deposit and getting hit by the money multiplier as it is lent out...QE alone wouldn't be as large of a problem if reserve minimums were much higher for example, since that would lower the money multiplier and the money created by the private banks via those loans.
Just the pledge system is great. Other systems work in a different manner, usually require quite a large amount to run a node. In cardano you just need the hardware to do that and you can run a node, the thing with the pledge is that you pay a fixed amount every epoch, in order for you to be profitable you need to attract enough liquidity so that with the amount you gain from the fees (wich is usually around 1% if you want to be competitive) is more than the fixed tax you have to pay as a staking pool operator. How you do that is up to you. Usually when you start your ROA is not competitive enough. This makes the whole system very competitive. You see staking pools launching and offering double the rewards for early stakers, staking pools with random airdrops every epoch etc etc it's just great!