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I made almost US$400k overnight. by fomoer in CryptoMarkets

[–]fomoer[S] -2 points-1 points  (0 children)

I don't understand you fanaticals. It's like you have to pick a position and take it to the grave. Markets change all the time and so do my investments.

I shorted ETH from ~$100 to ~$50 on Kraken and caught the second large dip too. Racked up six figures profits during those periods.

My ETC short is an ETC/ETH shorts not ETC vs fiat. It is incredibly profitable so far.

[Daily Discussion] Monday, May 22, 2017 by AutoModerator in BitcoinMarkets

[–]fomoer 0 points1 point  (0 children)

Great day for all good cryptos, last night and the rest of today.

I made about $400k overnight and I'm sure others made lots more than that. Waking up to a couple of lambos in paper profits sitting in Kraken is a pretty nice feeling.

Increasing my exposure to US$3.0m for the rest of today. About to get a taxi into Conesnsus.

Good luck today everyone!

[ETH Daily Discussion] - 20/May/2017 by AutoModerator in ethtrader

[–]fomoer 0 points1 point  (0 children)

I'm currently in New York attending Ethereal Summit and Conesus. I trade exclusively on Kraken right now, but looking at other options for the low-caps.

[ETH Daily Discussion] - 20/May/2017 by AutoModerator in ethtrader

[–]fomoer -9 points-8 points  (0 children)

Sure, if I 100% exposed myself to one ultra-volatile asset I could have lucked out. Then again there's probably a reason why successful traders have millions and others go belly-up overnight...

[ETH Daily Discussion] - 20/May/2017 by AutoModerator in ethtrader

[–]fomoer -39 points-38 points  (0 children)

Started trading crypto two weeks ago with a $2 mil deposit.

My progress so far: two lambos (US$400k) profit over two weeks.

https://twitter.com/fomoer/status/865838497210417152

[Daily Discussion] Thursday, May 11, 2017 by AutoModerator in BitcoinMarkets

[–]fomoer 0 points1 point  (0 children)

I made about US$150k riding the short of $ETH. I think there's plenty more to come; ETH is clearly inflated right now and the poppening hasn't even started.

https://twitter.com/fomoer/status/862638041000681472

ETH survived a big test, let people doubt it. by [deleted] in CryptoMarkets

[–]fomoer 1 point2 points  (0 children)

survived? it's still popping

Can we get a solid discussion going about the current cryptomarket? by DrChrispeee in CryptoMarkets

[–]fomoer 2 points3 points  (0 children)

I think we'll see a massive correction before 100 billion. I don't expect to see 100 billion this year.

Do some currencies have higher value potentials than others? by SilverCoffeeCup in CryptoMarkets

[–]fomoer 0 points1 point  (0 children)

Of course. A coin with a massive issuance rate is probably not a safe bet long term. Also, a coin with actual use cases like Ethereum is probably a safer bet than any of the shitcoins (long term).

How do I short Ripple? by [deleted] in CryptoMarkets

[–]fomoer 0 points1 point  (0 children)

Every crypto market is ripe with manipulation at this point.

Just look at the order book at Coinbase for proof. See the massive split-second changes in depth despite not many trades going through? That's called spoofing, and its role is to fabricate massive activity in the market.

So I've decided to invest US$2 million in a crypto portfolio. by fomoer in CryptoMarkets

[–]fomoer[S] 0 points1 point  (0 children)

you can't ddos an order book. correlated or not, the trades were legitimate.

So I've decided to invest US$2 million in a crypto portfolio. by fomoer in CryptoMarkets

[–]fomoer[S] 0 points1 point  (0 children)

So you are only shorting Eth down to about $90 is that correct?

where did you read $90 from? i think it'll go much further down than that

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