...and the best performing crypto of the year 2022 was:

Pekelo

Pekelo

Tether!!!! (and any other stable coin)

Congratulations if you choose investing in Tether...Well, of
course that little loss to inflation, but who is counting?

A close second was Doge. You think I am lying, but Doge was:

-on January 10th $0.143

and

-on November 1st $0.142

That means in a 10 months stretch Doge didn't lose value to the faithful. Name another coin beside a stable coin that had a similar performance. That is some store of value!! :)

Good doggie, yes, you are a good boy.
 
I don't understand, are you saying that most crypto boys in this forum held a loss over the whole year? Regardless of the shit coin they chose? That's not what they keep talking about, I thought they are all profitable and clever traders. It is going to be very hard to believe any of them from now on.
 
Tether!!!!
More...

There is quite some irony in that one. But to be fair, it did get slightly knocked off its peg when SBF and his GF ran the same scheme on it as they did against Luna. Only this time it was an all-or-nothing all-out go for broke attempt.

They failed to break it to the point-of-no-return, so it self-repaired as arbitrageurs rushed in and re-established the peg.

SBF signed chapter-11 twenty-four hours later after being left with no other options.

The only trade he did the last few years that made any money was shorting against Luna when Alameda hit it.

And let's not forget the time SBF tried to run everyone's stops on Binance after setting his own shorts there. That one failed as well.

Over all, SBF has a HORRIBLE track-reccord. Only one win and everything else a loss on his trades, even when you include his market-manipulations. Yet people treated him as some sort of genius.

One thing we've learned from Wall Street in a few hundred years of experience- Trying to corner the market is a fool's errand, and ALWAYS ends in disastrous margin calls. ALWAYS!

Even the very rare time you THINK you have won it, the HOUSE will change the rules, and you'll get wiped out on increased margin loan requirements AND/OR unfavorable interest rates. The Hunt brothers being one of the last to attempt a successful silver corner also stand testament to that.
 
Pekelo said:
Tether!!!! (and any other stable coin)

Congratulations if you choose investing in Tether...Well, of
course that little loss to inflation, but who is counting?

A close second was Doge. You think I am lying, but Doge was:

-on January 10th $0.143

and

-on November 1st $0.142

That means in a 10 months stretch Doge didn't lose value to the faithful. Name another coin beside a stable coin that had a similar performance. That is some store of value!! :)

Good doggie, yes, you are a good boy.
More...

DOG-E Style!

Don't know if $GMX is the best performing crypto but it started the year around $22 today it's over $46

https://coinmarketcap.com/currencies/gmx/

But agree with you, crypto winter 2022 has been brutal, I bet you made a killing with your FAANG stock investments, congrats Pek
 
GMX sounds like LN for BTC. Anyway:

""However, the loophole is that GMX offers trading to users at zero slippage, or the difference between the expected price of a trade and the price at which the trade is executed. But all pricing data on GMX is derived from centralized exchanges, such as Binance or FTX, meaning a trader could buy a large number of tokens, such as AVAX in this case, on zero slippage, rapidly drive up prices on centralized exchanges by placing buy orders on those venues and selling the initial position on GMX at higher prices."

https://www.reddit.com/r/path%3D%252Fr%252FCryptoCurrency%252Fcomments%252Fxi82bc%252F
 
angrytrader said:
I don't understand, are you saying that most crypto boys in this forum held a loss over the whole year? Regardless of the shit coin they chose? That's not what they keep talking about, I thought they are all profitable and clever traders. It is going to be very hard to believe any of them from now on.
More...

No, they had no loss. They never sold! ROFLMAO.
 
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