Alameda is next

Discussion in 'Crypto Assets' started by Pekelo, Nov 6, 2022.

  1. johnarb

    johnarb

    NFA, been adding to my $FTT perps futures short position. My short position is getting a little bit oversized, so will not add until a much lower price level

    $FTT is at $17.85 at this time
     
    #21     Nov 7, 2022
  2. johnarb

    johnarb

    @Pekelo were you able to short $FTT at $22? It might be too risky now, but let us know if you traded this


    upload_2022-11-7_22-14-30.png
     
    #22     Nov 8, 2022
    NoahA likes this.
  3. johnarb

    johnarb

    I almost got liquidated on my $FTT perp futures short with the Binance announced purchase of FTX dot com

    Very lucky that I didn't, I think I'll cover at much lower price

    upload_2022-11-8_10-58-43.png
     
    #23     Nov 8, 2022
  4. Pekelo

    Pekelo

    I can't see John's posts, I will take him out of my Ignore's list when BTC goes below 15K. :)

    Anyhow, the dominos are falling, FTX and its prince is going down taking Alameda with him and there is a new king, CZ from Binance! (until they go down too)
     
    #24     Nov 8, 2022
  5. johnarb

    johnarb

    Alameda, the investment arm of FTX dot com is going to cause a lot of contagion problems

    Be ready all crypto bros and make sure you survive!!

     
    #25     Nov 8, 2022
    NoahA likes this.
  6. Specterx

    Specterx

    Absolutely bonkers. My post about SBF being a savvy operator aged poorly, lol. So FTX was playing with customer funds. Greed and foolishness are innate to the human condition.

    BTC actually made a new bear market low. One domino closer to the Tether supernova, I suppose.
     
    #26     Nov 8, 2022
  7. johnarb

    johnarb

    I closed part of my $FTT perp futures short... missed that wick down to $2.6x level I was not at my computer
     
    #27     Nov 8, 2022
  8. johnarb

    johnarb

    Why you ignore me, Pek?? :D

    You should have shorted $FTT perp futures... but you don't trade, which is ok, no risk, but no reward also :D
     
    #28     Nov 8, 2022
    NoahA likes this.
  9. johnarb

    johnarb

    I closed all my $FTT perp futures short position at $4.5x

    I was going to wait for $1 level but it's not worth it for me, who knows Binance may announce some kind of support for FTT tokens like trading or whatever, don't want to lose big profits already
     
    #29     Nov 8, 2022
    NoahA and RedDuke like this.
  10. 2rosy

    2rosy

    capitulation. BTFD :D
     
    #30     Nov 8, 2022