Jake Thacker
๐ค SpeakerAppearances Over Time
Podcast Appearances
almost the inception of Bitcoin. But that was probably the one that I look back on and say the lack of longevity and established order within the marketplace was something I probably should have been more concerned about.
almost the inception of Bitcoin. But that was probably the one that I look back on and say the lack of longevity and established order within the marketplace was something I probably should have been more concerned about.
So it was relatively quick. It was up to about 250K at one point. I was able to get a little bit out over before the whole implosion happened, 206, 207K total. But at certain points, it had fluctuated up a little bit above that because of transferring from Binance and Coinbase, which I also had wallets with. Due to the timing of kind of coins, right? So this coin is up, this coin is down.
So it was relatively quick. It was up to about 250K at one point. I was able to get a little bit out over before the whole implosion happened, 206, 207K total. But at certain points, it had fluctuated up a little bit above that because of transferring from Binance and Coinbase, which I also had wallets with. Due to the timing of kind of coins, right? So this coin is up, this coin is down.
So it was relatively quick. It was up to about 250K at one point. I was able to get a little bit out over before the whole implosion happened, 206, 207K total. But at certain points, it had fluctuated up a little bit above that because of transferring from Binance and Coinbase, which I also had wallets with. Due to the timing of kind of coins, right? So this coin is up, this coin is down.
I'm going to transfer some now. I won't lose as much in the transfer. I won't get these big transfer fees, so on and so forth. So by the time November hit, I had pretty much stopped all movement because I had enough money
I'm going to transfer some now. I won't lose as much in the transfer. I won't get these big transfer fees, so on and so forth. So by the time November hit, I had pretty much stopped all movement because I had enough money
I'm going to transfer some now. I won't lose as much in the transfer. I won't get these big transfer fees, so on and so forth. So by the time November hit, I had pretty much stopped all movement because I had enough money
what i was using ftx for was really more of a wallet a bank to store money for coins that i was going to then cash out on to pay back some of the debts that i had incurred while upping my investment in crypto right so leveraging certain assets that i had knowing that i have to pay them back and i didn't want to wait on that and i did very well
what i was using ftx for was really more of a wallet a bank to store money for coins that i was going to then cash out on to pay back some of the debts that i had incurred while upping my investment in crypto right so leveraging certain assets that i had knowing that i have to pay them back and i didn't want to wait on that and i did very well
what i was using ftx for was really more of a wallet a bank to store money for coins that i was going to then cash out on to pay back some of the debts that i had incurred while upping my investment in crypto right so leveraging certain assets that i had knowing that i have to pay them back and i didn't want to wait on that and i did very well
And I was able to save face in light of the downturn in the marketplace. So yeah, it was about 250 was I think probably the max that I ever had on there, but I wasn't trading on the platform. I didn't ever buy any of their tokens that they offered. I didn't use the exchange to invest in any other of the coins or tokens.
And I was able to save face in light of the downturn in the marketplace. So yeah, it was about 250 was I think probably the max that I ever had on there, but I wasn't trading on the platform. I didn't ever buy any of their tokens that they offered. I didn't use the exchange to invest in any other of the coins or tokens.
And I was able to save face in light of the downturn in the marketplace. So yeah, it was about 250 was I think probably the max that I ever had on there, but I wasn't trading on the platform. I didn't ever buy any of their tokens that they offered. I didn't use the exchange to invest in any other of the coins or tokens.
It was simply just a storage place, knowing that if I'm going to take out a little bit here or there over the course of the next few months because my goal was to take it all out in December, pay off substantial debt that I had, and then continue doing what I had been doing in the past and maybe look into using it as some sort of subsidiary platform, not my primary. I really like finance.
It was simply just a storage place, knowing that if I'm going to take out a little bit here or there over the course of the next few months because my goal was to take it all out in December, pay off substantial debt that I had, and then continue doing what I had been doing in the past and maybe look into using it as some sort of subsidiary platform, not my primary. I really like finance.
It was simply just a storage place, knowing that if I'm going to take out a little bit here or there over the course of the next few months because my goal was to take it all out in December, pay off substantial debt that I had, and then continue doing what I had been doing in the past and maybe look into using it as some sort of subsidiary platform, not my primary. I really like finance.
I really was leveraging them pretty effectively. And I don't know if that answers your question, but it was a good chunk of change. But I had, in total, That year alone probably lost about 800, upwards of like 800K due to the market turn down and some other factors when Bitcoin also had some issues in June as well.
I really was leveraging them pretty effectively. And I don't know if that answers your question, but it was a good chunk of change. But I had, in total, That year alone probably lost about 800, upwards of like 800K due to the market turn down and some other factors when Bitcoin also had some issues in June as well.
I really was leveraging them pretty effectively. And I don't know if that answers your question, but it was a good chunk of change. But I had, in total, That year alone probably lost about 800, upwards of like 800K due to the market turn down and some other factors when Bitcoin also had some issues in June as well.