Former private group trading admin who use to run trading group for cryptocurrency spot and derivates.
The guy not friend of mine but my firend of friend:
On Telegram (unlegal hedge fund kind of activity)
He told about people who wanted to invest, while world speaking about not enough money or economical struggles the people who wanted to invest with him by his instructions and giving money to be managed under his management it was very interesting experince the people was very interesting who got involved in this:
This show's us that people live in totally different worlds and like different dimensions no wonder why markets are full of money
For example:
1.one person invested only because to get adrenaline boost even If person Lost like 30k $ he was happy it sounds grazy but person was happy to lose.- because nothing really exited going on his life so losing large money on the market was only thing something happening in otherwords his life was boring.
2.one lady told she got 1 mil of USD this has to be invested in most risky shitcoins because she want to gamble large.
3.thre was one person from canada she was telling that she sold house just to buy coins the early ico-s so she want to spend all no matter what so she told this selfmade fund manager to spend all money what she will give to him and need to make sure all will be invested.
4.there was someone from the middle east who only did gamble with binance futures, when markets crashed he got long positions on and he added in 3 days row more margin until he got account 100k $ loss and then all his liquitity was gone because Market did one fast short wick, however this was not poor he got like more then 50mil to spend just for risking on the markets, by the time his binance futures got like 70k $ loss he started to move more money in trough cryptocurrency exchangers but it was taking time so by the time he managed to buy more crypto in order to ADD more Margin the position just got liqutated.
5.there was also few sad stories when people took huge loans and Lost. ( One guy after ftx collapse off course decided to take his life)
So this fund manager got very interesting experince.
But what is most miracle in the story how many people are in the world who can lose just 30k $ 100k $ 1mil $ or even more and it doesn't even disturb them so much.
Those kind of selfmade private fund manager groups and signal providers are nothing new or rare If you look Facebook or Telegram you will see many of them forex stocks and cryptocurrency traders groups who claim to be helpful and good.
However, by reading all this now it make sense why grazy people getting money lol.
And also i Understood why people willing to put money in meme coins like over 5000$ and when coin get rugged the person lose money in seconds...and yet they still invest and buying.
I really asking what a world we live is everything are reverse?lol