IG Professor
BANNED
- Feb 22, 2017
- 4,855
- 4,565
Introduction about myself...
I registered at BHW in 2017 with the goal to expand my arsenal of making money online, I always hated those phases of "Making money online" because the first term that came into the back of my mind when talking about it is Tai Lopez and photos of fake gurus with lambos and yachts. I felt that Blackhatworld has a sense of truth and people like Tai Lopez are not wanted in here, I felt like this is safe heaven to learn how to make money (LEGALLY) , and I was right.
Before BHW; I started as a dropshipper and made a good income, then got suspended and created multiple eBay accounts to secure my income. then, in 2017 when Bitcoin went from $2k to $20k I wanted to take a piece of this cake cause I recognized that there was something in it. so I started to join "crypto signals" groups; I made some profit, and lose some. but what really catches my attention is that those group owners were far away from being Professionals traders or fluent English speakers and they made unrealistic amounts. I felt that I have to investigate this issue cause how came I am not a part of this party?
I figured out that there is an opportunity once I asked to join a group and the Admin gave me his BTC address. I checked his wallet on the Blockchain and saw amounts that I couldn't believe. $2000, $3000 a day. with that being said, those funds cannot be frozen by Paypal or any other payments provider. at that moment I felt, and I knew by 100% that this is what I am going to do, period.
at that time, I managed around 303 IG accounts doing follow/unfollow, earning pennies for my traffic cause I referred them all to Ogads like most of the newbies; earning around $0.03 0.02 for each visitor. I had a brainstorm with myself that night that I joined his group (I paid $300 BTC) and saw all of these funds. I asked myself, what is this dude doing that I can't do? he is not a coder, his profession does not require any special skills. anyone can do what he does with a few rewrites here and there. I will start my own signals channel just to prove a point and charge just $50 for a month. just to get the ball rolling. so you can already imagine how much I was able to make; charging just $50 / A month with 303 IG Accounts Sending traffic to my own services?
1 Week after I joined this group leader group I shifted all of my IG Accounts only for sending traffic to my crypto signals channel. I went full-time on it. I had a lot of doubts in the beginning cause I had no idea about crypto, but what I had to do is simply guess when the coin will go up or when down. when it goes up, I update the channel about how "successful" a trader I am, and when it goes down, I simply shut tha fuck up.
I also joined some good crypto signals groups and copied their calls just as expected from a true black hatter, as soon as I gained experience I felt that it was a low-life action and stopped and started to provide my own insights.
besides that, I was visiting Tradingview to get insights from real professionals and my calls became more and more accurate cause I started to understand pretty much what I am doing. I started to be good at it and the clients started to flow in paying a premium. they were happy with my services!
I started to invest most of my time in learning algorithm trading and how Whales manipulate the markets.
I hired an Analyst for $1000 / Month with the profits of the signals group and told him to take over my Tradingview account and post his analysis on my behalf- I generated a lot of targeted traffic to my Telegram channel from there. besides that, I had an advantage over the other traders as I was also a good marketer, so I told to my developer to build a bot for me to push likes and comments on my Tradingview account. I was able to manipulate their algorithm to push my account to the top and blow up my Telegram with new subscribers
I started to expand my operation, from just Instagram,tradingview I added another 500 Twitter Accounts and went into an obsessing mode with getting traffic. as soon as the new Bull run of 2021 Started I made amounts that I couldn't imagine from my crypto signals group, but instead of it doing good to me, it was just the opposite. you can imagine what can happen to someone who makes 200-250 a day (in profits, not revenue) to 2000-3000? I started to "live the dream" and I figured out very fast that living the dream is a big BS. when I got to the top, I started to remember all of these days that I was grinding BHW and figuring out how to make money.
once I saw some funds get in, I was so happy. but I figured out that I wasn't happy because of the money, I was happy because it felt for me like I figured out the final piece of the puzzle.
I felt bad, I felt like I was scammed. because what I learned from the Western culture is that you need to have money and you will be happy.
I wanted to come back to these days as I liked the hustle, I liked to figure out things, to learn new things. the huge money was my curse. because whenever I wanted to learn or upgrade my skills as a marketer, I had that stupid mantra of "you have enough money now.. you don"t need this BS"
On that day I understood that what I need to do is to build things and be more realistic.
so I forced myself to shift my mindset before something bad will happen. instead of being focused on Partys, Girls, nonsense flashes, etc. I decided to get back better, with the lessons that I have learned. that what you see on the screen are not the things that will make you happy.
Now I am working to create good products and to have more time for myself to think and learn about the world and philosophy, Not for Lambos or Luxury as I see them as Enemy number 1.
there's a reason why Mark Zuckerberg wearing the same shirt 7 days a week and not driving a luxury car. He knows that flashy toys are distractions but not only this, might attract more trouble and unwanted attention to your life. There's a poor guy who has no money, and there's a rich guy who begins for attention. they are both poor. because if you're looking for flashy things it means you're begging for attention.
then, what difference is between you and the guy who begs for money? you're both beggers. he begs for money, you beg for attention.
How does the Cryptocurrency market work?
Before you get in,
you have to first understand how the crypto markets work.
Understand the simple fact that The markets are being controlled by Market makers.
Now the question that needs to be asked is: Who are the market makers according to Investopedia? “A market maker is an individual participant or member firm of an exchange that buys and sells securities for its own account.
Market makers provide the market with liquidity while profiting from the difference in the bid-ask spread” The market makers are the ones who sponsor Crypto projects, exchanges, and other firms in the space including banks. their Professional name is VC Firms. They get a lot of money from investors who don't know crypto, and they use their money to get into earlier projects. just like what Grant Cardone doing; Raising investors' money to buy more houses.
They are the ones who have access to information before it goes public and they are the ones who are in charge of Price manipulation. They are the ones who bring liquidity to the markets and also, they are the ones who TAKE OUT liquidity from the markets. With that being said; Individual traders are not in charge of prices going up or down. Your mission as an individual trader is to be a Psychologist. To try to understand the next move of the market makers (Whales/VC Firms).
As soon as you get a direction, you don’t go against it - you join the ride! Prices of specific crypto coins are not decided by individual traders, they are ALWAYS decided by the market makers aka Whales. So when you look at the Chart you should ask yourself “What are they going to do next?” A firm - is usually a company that trades on behalf of wealthy people. In exchange for trading their money - they take a commission from profits.
Bottom line: Market Prices are determined by the market makers - NOT individual (Retail) traders
How do the market makers manipulate the Retail traders?
When the market maker is buying - He wants you to sell. When the market maker is selling - He wants you to buy so he can liquidate his positions. The market maker is also approaching influencers on Social media to spread false information to move the markets according to his interests. The important factor is to always be aware that the prices will be moved according to the market maker's desire. Bear in mind, that if the market maker recognizes that there is a specific trend/pattern - he will manipulate the prices in this direction however if he wants - he can take it in the other direction because he has enough liquidity to do whatever he wants.
Imagine a firm like Blackrock - trusted by hundreds of wealthy people worldwide. Their goal is to manage other people's wealth. They have Billions. Not millions. With Billions, you can set up Buy & Sell orders on multiple exchanges. According to Google, Blackrock's Net worth is 69B. Make your calculations and understand that they have enough budget to hire anyone, anywhere. Including the TOP traders, analysts, advisors, and so on.
Do you think that they won’t take a cut from the cryptocurrency market? Think again because you have almost zero chance against them.
If you ever get into a trade and right after you enter it suddenly goes against you, the ones that are in charge of it are the market makers. They are working 24/7 to manipulate you - make you think in a specific direction and then do the opposite.
Bottom line: Don't try to be the best trader, learn about the market makers and think about what you will do if you were one of them so you can have a better direction on the next move. Anyone with 1M Followers on Twitter can be considered as a Market Maker.
What are the common tactics of the Market maker?
The game has been built by market makers against you. All Public indicators, Strategies, RSIs, and other well-known chart patterns that are being used by retail traders - Whales know about them. if the Whale knows when you're going to sell according to a specific pattern, will he give you his liquidity just like this? It's like giving money to a stranger on the street without any logical reason.
A whale who owns a large sum of the token supply will be seeking for people to promote his project aka shitcoin on Social media. Usually, they will reach out to influencers on Twitter & Telegram. 100,000 Followers / Members is enough to push a coin. For individual people, It's enough that each follower will put at least 10 USD. 10 USD X 100,000 = 1,000,000
Changing a Trend
For every coin, there are specific price ranges that the retail trader considers a strong retracement pattern. For eg: Bitcoin is steady between 30 to 34k for 3 weeks and the retail trader has confidence that those ranges won’t be broken.
This is the psychological price range - once it is being broken - the retail trader is panicking and sells his supply for a low price. So he bought High, and sell low. Just like what happened with BTC. as Soon as it hits 60K No one ever believe it could get back to 17,000 in 2022 yet, here we are!
Extremely slow moves
Traders without proper training are usually considered ‘gamblers’ and once you combine it with the fact that this gambler is a gambler that has never been trained how to gamble you can assume that he has NO patience.
Once the trader loses his patience and wisdom is where the Market maker makes his money and gathers market data. Slow moves cause traders to make moves that make no sense. eg: buy/sell multiple times without any logical reason. Whales are eating you slowly with this type of behavior. for this reason, many people prefer to be long-term investors instead of being day traders.
Quick upside moves
A whale is holding large sums of tokens but the token is not getting any attention or being taken seriously via marketing - the Whale will buy his own token with his own money and increase the price to attract potential traders/gamblers to FOMO and sell at the top.
Summary
I will update this thread with new market insights soon.
I registered at BHW in 2017 with the goal to expand my arsenal of making money online, I always hated those phases of "Making money online" because the first term that came into the back of my mind when talking about it is Tai Lopez and photos of fake gurus with lambos and yachts. I felt that Blackhatworld has a sense of truth and people like Tai Lopez are not wanted in here, I felt like this is safe heaven to learn how to make money (LEGALLY) , and I was right.
Before BHW; I started as a dropshipper and made a good income, then got suspended and created multiple eBay accounts to secure my income. then, in 2017 when Bitcoin went from $2k to $20k I wanted to take a piece of this cake cause I recognized that there was something in it. so I started to join "crypto signals" groups; I made some profit, and lose some. but what really catches my attention is that those group owners were far away from being Professionals traders or fluent English speakers and they made unrealistic amounts. I felt that I have to investigate this issue cause how came I am not a part of this party?
I figured out that there is an opportunity once I asked to join a group and the Admin gave me his BTC address. I checked his wallet on the Blockchain and saw amounts that I couldn't believe. $2000, $3000 a day. with that being said, those funds cannot be frozen by Paypal or any other payments provider. at that moment I felt, and I knew by 100% that this is what I am going to do, period.
at that time, I managed around 303 IG accounts doing follow/unfollow, earning pennies for my traffic cause I referred them all to Ogads like most of the newbies; earning around $0.03 0.02 for each visitor. I had a brainstorm with myself that night that I joined his group (I paid $300 BTC) and saw all of these funds. I asked myself, what is this dude doing that I can't do? he is not a coder, his profession does not require any special skills. anyone can do what he does with a few rewrites here and there. I will start my own signals channel just to prove a point and charge just $50 for a month. just to get the ball rolling. so you can already imagine how much I was able to make; charging just $50 / A month with 303 IG Accounts Sending traffic to my own services?
1 Week after I joined this group leader group I shifted all of my IG Accounts only for sending traffic to my crypto signals channel. I went full-time on it. I had a lot of doubts in the beginning cause I had no idea about crypto, but what I had to do is simply guess when the coin will go up or when down. when it goes up, I update the channel about how "successful" a trader I am, and when it goes down, I simply shut tha fuck up.
I also joined some good crypto signals groups and copied their calls just as expected from a true black hatter, as soon as I gained experience I felt that it was a low-life action and stopped and started to provide my own insights.
besides that, I was visiting Tradingview to get insights from real professionals and my calls became more and more accurate cause I started to understand pretty much what I am doing. I started to be good at it and the clients started to flow in paying a premium. they were happy with my services!
I started to invest most of my time in learning algorithm trading and how Whales manipulate the markets.
I hired an Analyst for $1000 / Month with the profits of the signals group and told him to take over my Tradingview account and post his analysis on my behalf- I generated a lot of targeted traffic to my Telegram channel from there. besides that, I had an advantage over the other traders as I was also a good marketer, so I told to my developer to build a bot for me to push likes and comments on my Tradingview account. I was able to manipulate their algorithm to push my account to the top and blow up my Telegram with new subscribers
I started to expand my operation, from just Instagram,tradingview I added another 500 Twitter Accounts and went into an obsessing mode with getting traffic. as soon as the new Bull run of 2021 Started I made amounts that I couldn't imagine from my crypto signals group, but instead of it doing good to me, it was just the opposite. you can imagine what can happen to someone who makes 200-250 a day (in profits, not revenue) to 2000-3000? I started to "live the dream" and I figured out very fast that living the dream is a big BS. when I got to the top, I started to remember all of these days that I was grinding BHW and figuring out how to make money.
once I saw some funds get in, I was so happy. but I figured out that I wasn't happy because of the money, I was happy because it felt for me like I figured out the final piece of the puzzle.
I felt bad, I felt like I was scammed. because what I learned from the Western culture is that you need to have money and you will be happy.
I wanted to come back to these days as I liked the hustle, I liked to figure out things, to learn new things. the huge money was my curse. because whenever I wanted to learn or upgrade my skills as a marketer, I had that stupid mantra of "you have enough money now.. you don"t need this BS"
On that day I understood that what I need to do is to build things and be more realistic.
so I forced myself to shift my mindset before something bad will happen. instead of being focused on Partys, Girls, nonsense flashes, etc. I decided to get back better, with the lessons that I have learned. that what you see on the screen are not the things that will make you happy.
Now I am working to create good products and to have more time for myself to think and learn about the world and philosophy, Not for Lambos or Luxury as I see them as Enemy number 1.
there's a reason why Mark Zuckerberg wearing the same shirt 7 days a week and not driving a luxury car. He knows that flashy toys are distractions but not only this, might attract more trouble and unwanted attention to your life. There's a poor guy who has no money, and there's a rich guy who begins for attention. they are both poor. because if you're looking for flashy things it means you're begging for attention.
then, what difference is between you and the guy who begs for money? you're both beggers. he begs for money, you beg for attention.
How does the Cryptocurrency market work?
Before you get in,
you have to first understand how the crypto markets work.
Understand the simple fact that The markets are being controlled by Market makers.
Now the question that needs to be asked is: Who are the market makers according to Investopedia? “A market maker is an individual participant or member firm of an exchange that buys and sells securities for its own account.
Market makers provide the market with liquidity while profiting from the difference in the bid-ask spread” The market makers are the ones who sponsor Crypto projects, exchanges, and other firms in the space including banks. their Professional name is VC Firms. They get a lot of money from investors who don't know crypto, and they use their money to get into earlier projects. just like what Grant Cardone doing; Raising investors' money to buy more houses.
They are the ones who have access to information before it goes public and they are the ones who are in charge of Price manipulation. They are the ones who bring liquidity to the markets and also, they are the ones who TAKE OUT liquidity from the markets. With that being said; Individual traders are not in charge of prices going up or down. Your mission as an individual trader is to be a Psychologist. To try to understand the next move of the market makers (Whales/VC Firms).
As soon as you get a direction, you don’t go against it - you join the ride! Prices of specific crypto coins are not decided by individual traders, they are ALWAYS decided by the market makers aka Whales. So when you look at the Chart you should ask yourself “What are they going to do next?” A firm - is usually a company that trades on behalf of wealthy people. In exchange for trading their money - they take a commission from profits.
Bottom line: Market Prices are determined by the market makers - NOT individual (Retail) traders
How do the market makers manipulate the Retail traders?
When the market maker is buying - He wants you to sell. When the market maker is selling - He wants you to buy so he can liquidate his positions. The market maker is also approaching influencers on Social media to spread false information to move the markets according to his interests. The important factor is to always be aware that the prices will be moved according to the market maker's desire. Bear in mind, that if the market maker recognizes that there is a specific trend/pattern - he will manipulate the prices in this direction however if he wants - he can take it in the other direction because he has enough liquidity to do whatever he wants.
Imagine a firm like Blackrock - trusted by hundreds of wealthy people worldwide. Their goal is to manage other people's wealth. They have Billions. Not millions. With Billions, you can set up Buy & Sell orders on multiple exchanges. According to Google, Blackrock's Net worth is 69B. Make your calculations and understand that they have enough budget to hire anyone, anywhere. Including the TOP traders, analysts, advisors, and so on.
Do you think that they won’t take a cut from the cryptocurrency market? Think again because you have almost zero chance against them.
If you ever get into a trade and right after you enter it suddenly goes against you, the ones that are in charge of it are the market makers. They are working 24/7 to manipulate you - make you think in a specific direction and then do the opposite.
Bottom line: Don't try to be the best trader, learn about the market makers and think about what you will do if you were one of them so you can have a better direction on the next move. Anyone with 1M Followers on Twitter can be considered as a Market Maker.
What are the common tactics of the Market maker?
The game has been built by market makers against you. All Public indicators, Strategies, RSIs, and other well-known chart patterns that are being used by retail traders - Whales know about them. if the Whale knows when you're going to sell according to a specific pattern, will he give you his liquidity just like this? It's like giving money to a stranger on the street without any logical reason.
- PND (Pump and dump)
- Changing a fixed trend of a particular coin leads you to Panic selling
- Extremely slow moves to gather data on market behavior / blind you
- Quick upsides move to motivate you to FOMO into the coin and then dump on you
A whale who owns a large sum of the token supply will be seeking for people to promote his project aka shitcoin on Social media. Usually, they will reach out to influencers on Twitter & Telegram. 100,000 Followers / Members is enough to push a coin. For individual people, It's enough that each follower will put at least 10 USD. 10 USD X 100,000 = 1,000,000
Changing a Trend
For every coin, there are specific price ranges that the retail trader considers a strong retracement pattern. For eg: Bitcoin is steady between 30 to 34k for 3 weeks and the retail trader has confidence that those ranges won’t be broken.
This is the psychological price range - once it is being broken - the retail trader is panicking and sells his supply for a low price. So he bought High, and sell low. Just like what happened with BTC. as Soon as it hits 60K No one ever believe it could get back to 17,000 in 2022 yet, here we are!
Extremely slow moves
Traders without proper training are usually considered ‘gamblers’ and once you combine it with the fact that this gambler is a gambler that has never been trained how to gamble you can assume that he has NO patience.
Once the trader loses his patience and wisdom is where the Market maker makes his money and gathers market data. Slow moves cause traders to make moves that make no sense. eg: buy/sell multiple times without any logical reason. Whales are eating you slowly with this type of behavior. for this reason, many people prefer to be long-term investors instead of being day traders.
Quick upside moves
A whale is holding large sums of tokens but the token is not getting any attention or being taken seriously via marketing - the Whale will buy his own token with his own money and increase the price to attract potential traders/gamblers to FOMO and sell at the top.
Summary
I will update this thread with new market insights soon.
