Crypto giving cheekbusta a good hiding.

[Azor_Ahai]

@4ace

You need to learn how to short pumping coins, you can x3 in 2 hrs

I know how to short but I choose not to because short sellers have never made money in the long run in any market. There is a reason why long only hedge funds exist but short only hedge funds don’t exist.

[Azor_Ahai]

@4ace

#Bitcoin and #Eth are stablecoins, they are an indicator, if they continue going down, I count my loses like El Salvador If bitcoin goes up alt coins goes up

:D:D:D

Tell me more.

[GuyfromCoast]

@Azor Ahai

By what % are you down?

19.7 percent down

[cheekbusta]

@GuyfromCoast

19.7 percent down

Jikaze tu.

[GuyfromCoast]

@cheekbusta

Jikaze tu.

nangoja keshu ni tupe pesa kwa xrp

[johntez_addi_gaza_ms]

@cheekbusta

My move of bailing out of that token is already paying dividends since inaonekana bnb imeanza kurecover. Lakini wewe endelea na ushoga tu.

Stop trying to save face BnB is down 20%

[KITOMBI_KIZEE]

@cheekbusta

On Monday night I bought some BNB then I converted it into an altcoin called seedify fund. The altcoin was on a role, it was hitting all time highs on a daily basis. Nikanunua when it was at 16.35 dollars na leo nimeuza at 12.67 dollars. Ile siku nilinunua it started a persistent decline brought about mainly by the price drop of bitcoin, ethereum and binance coin. I was down 23% by the time I sold but if bnb goes back to 600 dollars I will recover most of my losses. Anyway you live you learn I guess.

@GuyfromCoast

Dip ya leo inifuck, niko down bad lakini wacha ni hold tu.

Mnatumia platform gani ku trade?

[GuyfromCoast]

@KITOMBI KIZEE

Mnatumia platform gani ku trade?

mimi niko hapa binance

[Azor_Ahai]

@GuyfromCoast

19.7 percent down

You need to make 25% just to break even.

If you lose 50%, you need to make 100% just to break even.

Preventing losses is more important than making gains.

[MikeOck]

@Azor Ahai

Crypto has clapped many people’s cheeks in the last one month. Remember, if you lose more than 25% of your initial capital by any means, the odds of you ever breaking even are extremely low.

Manage your risk. Personally, my blockfolio is down 3% since November 10th. Luckily, most of it is BUSD and USDT

The Golden rule in crypto is that nobody knows a damn thing, no matter how confidently they say it. This is a roller coaster, just lay back, kick it and enjoy the ride

Da Brat - Mind Blowin

[cheekbusta]

@KITOMBI KIZEE

Mnatumia platform gani ku trade?

pancakeswap

[Azor_Ahai]

@MikeOck

The Golden rule in crypto is that nobody knows a damn thing, no matter how confidently they say it. This is a roller coaster, just lay back, kick it and enjoy the ride

https://www.youtube.com/watch?v=ob-SLdVWfSI

Nope. The efficient market hypothesis has been proved wrong time and again. Case in point Jim Simons Medallion Fund. If nobody knew a damn thing, then nobody would beat the market. Yet the Medallion Fund at Renaissance has beaten the market for over 30 years since 1988. If you have an edge, you definitely know something. “Nobody knows a damn thing” is a phrase that applies to 99% of all participants because they aren’t skilled traders.

Any skilled trader will tell you that you can’t predict the outcome of one trade. But you can predict the outcome of a hundred trades. It is the law of large numbers in action. I can’t predict the behavior of one person from Kibera if I invite him/her at my residence. But if I invite 100 people from Kibera, there is a guarantee that something will be stolen.

[MikeOck]

@Azor Ahai

Nope. The efficient market hypothesis has been proved wrong time and again. Case in point Jim Simons Medallion Fund. If nobody knew a damn thing, then nobody would beat the market. Yet the Medallion Fund at Renaissance has beaten the market for over 30 years since 1988. If you have an edge, you definitely know something. “Nobody knows a damn thing” is a phrase that applies to 99% of all participants because they aren’t skilled traders.

Any skilled trader will tell you that you can’t predict the outcome of one trade. But you can predict the outcome of a hundred trades. It is the law of large numbers in action. I can’t predict the behavior of one person from Kibera if I invite him/her at my residence. But if I invite 100 people from Kibera, there is a guarantee that something will be stolen.

Yes, you have one in a million geniuses like Jim Simons who actually have correct models, and you see what he does? He keeps his models an absolute secret while making billions off of them.

The question that remains is:

1. Is that guy you follow on YouTube / Twitter / reddit the crypto version of Jim Simons? Definitely not. Otherwise he’d be making money in secret

2. Are YOU, a KTalk bonobo, the crypto Jim Simons? Don’t make me laugh

[cheekbusta]

@Azor Ahai

Crypto has clapped many people’s cheeks in the last one month. Remember, if you lose more than 25% of your initial capital by any means, the odds of you ever breaking even are extremely low.

Manage your risk. Personally, my blockfolio is down 3% since November 10th. Luckily, most of it is BUSD and USDT

Kununua BUSD na USDT ndo inakupatia confidence ya kusema you are investing in crypto. Kama hutaki risk baki kwa stocks and bonds.

[cheekbusta]

@johntez addi gaza msafi

Stop trying to save face BnB is down 20%

I swapped the altcoin for BnB when it was around 530 and now iko 560. Stick to homosexuality and theft… this stuff is too complex for you slum dweller!

[Half_Human]

Mimi naskia kuhara saa hii. Kwanza nikikumbuka I could have gained a lot juzi juzi when most coins shot naskia kulia. I hope I will recover.

[Azor_Ahai]

@cheekbusta

Kununua BUSD na USDT ndo inakupatia confidence ya kusema you are investing in crypto. Kama hutaki risk baki kwa stocks and bonds.

You need to understand that only fools trade 24/7. Sometimes it is smarter to stay in cash.

[Azor_Ahai]

@MikeOck

Yes, you have one in a million geniuses like Jim Simons who actually have correct models, and you see what he does? He keeps his models an absolute secret while making billions off of them.

The question that remains is:

1. Is that guy you follow on YouTube / Twitter / reddit the crypto version of Jim Simons? Definitely not. Otherwise he’d be making money in secret

2. Are YOU, a KTalk bonobo, the crypto Jim Simons? Don’t make me laugh

1. I don’t take trading advice from youtube affiliate marketers like you do. That’s the difference between me, a pro trader, and you, the common man.

2. I trade with a strategy that I developed and that has a statistical edge. I backtested and forward tested it intensively before using it. I’m not Jim Simons. I’m Azor Ahai. So far so good with my system. Bonobos like you try to be someone else. I just aim to be a better version of myself.

[johntez_addi_gaza_ms]

@cheekbusta

I swapped the altcoin for BnB when it was around 530 and now iko 560. Stick to homosexuality and theft… this stuff is too complex for you slum dweller!

Bnb haikuwa 530 this week danganya mwenye hukufira

[johntez_addi_gaza_ms]

@Azor Ahai

1. I don’t take trading advice from youtube affiliate marketers like you do. That’s the difference between me, a pro trader, and you, the common man.

2. I trade with a strategy that I developed and that has a statistical edge. I backtested and forward tested it intensively before using it. I’m not Jim Simons. I’m Azor Ahai. So far so good with my system. Bonobos like you try to be someone else. I just aim to be a better version of myself.

Si ulituambia ATI itafika 15k per coin mara sijui ulinunua at 47k. @Sambamba ebu leta archives za Ile thread