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TheBoot

@TheBootMex

36,813
Followers
788
Following
139
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3,991
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2017-batch crypto trader. Ex-Bitmex trollbox legend - 100xed net worth trading perps in April'18 in exactly 10 days. Ex-FTX leaderboard (ended not nicely!)

Joined April 2019
Don't wanna be here? Send us removal request.
@TheBootMex
TheBoot
3 years
Just filled $5m worth of $sushi $aave and $matic.
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@TheBootMex
TheBoot
2 years
Never have I seen a daily "-100%" ever before
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@TheBootMex
TheBoot
3 years
If you lost 70% and think what's left to lose... you are wrong, I had that mentality when I was down from a mil to $300k in dec 2017 and lost everything afterwards
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@TheBootMex
TheBoot
3 years
Tbh I will be surprised if $sol isn't a #3 coin by year end
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@TheBootMex
TheBoot
2 years
First day I'm realizing that I literally am becoming a refugee. Almost zero physical assets (a couple of shirts, bags and tshirts and a laptop), with my 2 flats in Kyiv with everything else (physical) I own and a car under risk of complete destruction or being inaccessible.
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@TheBootMex
TheBoot
4 years
We need to somehow bait r/WSB into bitcoin
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@TheBootMex
TheBoot
2 years
Everyone saying goodbye to their ftx money. I guess I cannot mentally accept it so quickly and for now still believe a miracle (CZ) will save over 50% of my nw. Since I cannot do anything anymore with this, massive hope is not so damaging in this case like it is with trading
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@TheBootMex
TheBoot
5 years
I believe we have bottomed and we might not see 8.5k. Send it.
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@TheBootMex
TheBoot
5 years
If 9400 breaks up CT will say it's because everyone is buying $btc due to $Libra announcement. If 8800 breaks down CT will say it's because everyone is selling $btc because of $Libra.
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@TheBootMex
TheBoot
4 years
doctor says I need to be hospitalized asap or I could die, lol mentally accepted this state quite quickly but also in disbelief that just a week ago everything was ok
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@TheBootMex
TheBoot
3 years
Back in 2018 during my degen run on Mex I was often asked "wen leaderboard"? 3.5 years later, a couple of exchanges changed, having at some point a 97% drawdown again (yikes! sloppy phone trading without putting work q3'19-q1'20) I can finally answer the question: now (FTX PNL)
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@TheBootMex
TheBoot
5 years
WE DID IT TOGETHER, BERAS!
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@TheBootMex
TheBoot
5 years
I would describe my trading results like this: 70/25/5 70% of trades are losses or near-BE trades 25% are profitable; couldn't reach my ultimate goals but cover 75% losses 3-5% are home runs that built my capital I'm in the market for above 5%; 95% of my activity is "useless"
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@TheBootMex
TheBoot
5 years
My boldest call: During the first half of August we break 14k, in September we see 18k.
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@TheBootMex
TheBoot
5 years
I'm already getting criticized for having 3rd losing trade in a row while all of them being sub-1% losses in a very choppy market! Friendly reminder: I don't owe you anything. Haters gonna hate, traders gonna trade.
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@TheBootMex
TheBoot
4 years
In the memory of @ActualAdviceBTC we are going to break 10k today and pump massively
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@TheBootMex
TheBoot
5 years
ATH before New year imo
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@TheBootMex
TheBoot
4 years
After this is all over I do think that $btc is likely to finally break ATH
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@TheBootMex
TheBoot
4 years
Thanks for your support guys. I'm alive and "well" but need to stay hospitalized for about 10 days
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@TheBootMex
TheBoot
3 years
Should I go through coin by coin (~top 20) with my thoughts on theoretical valuations on them? That's not an easy work so only if you would appreciate it (like, RT comment whether you agree or disagree and point me out when I'm potentially wrong)
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@TheBootMex
TheBoot
5 years
Opened this exactly 6 months ago on the Valentine's day
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@TheBootMex
TheBoot
4 years
Remember #bakkt ?
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@TheBootMex
TheBoot
4 years
imo it's delusional thinking that 6k is now resistance turned support and we ain't going back sub 6k
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@TheBootMex
TheBoot
4 years
it's all @hodlonaut 's fault
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@TheBootMex
TheBoot
4 years
I sold $doge at 0.021. Kill me.
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@TheBootMex
TheBoot
3 months
Man, I have been spot on with most of these moves. I don't remember being in such a good trading shape since my bitmex run. The 2 year trading hiatus apparently was rather good for me. It's a shame that I only got 35k followers but I appreciate the ones reading it - I have seen a
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@TheBootMex
TheBoot
5 years
Retweet this if you find this account useful for you
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@TheBootMex
TheBoot
5 years
Where I've been? Building a lot of IRL connections preparing to enter business world, especially since I can fund some of my ideas myself. Trading is fun, but isn't that just a tool to reach some higher-level goals when certain life standard is already set in stone?
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@TheBootMex
TheBoot
5 years
Don't be a bula or bera. Be a whala
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@TheBootMex
TheBoot
5 years
1. We broke down 3-months consolidation and 200DMA -> I am assuming bear market till proven wrong. 2. With #1 , it means $btc bull market failed to break previous ATH for the 1st time -> I am going to assume the first MACRO-BEAR market! Happy to be wrong.
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@TheBootMex
TheBoot
4 years
Shorted everything just now. Rip me?
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@TheBootMex
TheBoot
2 years
@elonmusk It's not likely at all
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@TheBootMex
TheBoot
4 years
Do think what massive opportunity this situation will create. You'll likely be able to buy bitcoin sub 3k and have it moon to new ATH in maybe 2 years
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@TheBootMex
TheBoot
5 years
Posting charts is much easier than trading
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@TheBootMex
TheBoot
5 years
Many people said that the best way to contribute to the community is to buy the order book. I hope I've done it right. I told you I was a degen trader
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@TheBootMex
TheBoot
5 years
Did you notice that a lot of people on CT believe they are counter-trading the sentiment, while actually representing the real sentiment?
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@TheBootMex
TheBoot
5 years
Looks like I bought the perfect bottom. Or maybe I created it?
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@TheBootMex
TheBoot
5 years
What do you guys think, will he return coins in time? Should I save the community of 100k people?
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@TheBootMex
TheBoot
5 years
Imajin getting rekt by shorting $btc in bull market after it just had a 31% correction. Would necc
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@TheBootMex
TheBoot
5 years
Guys, please stop wasting your time messaging me with donation requests. I don't mean to sound arrogant but I have a large list of IRL people who are higher on my priority list compared to internet strangers.
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@TheBootMex
TheBoot
4 years
Coins from 2017 that have not (or not close to) broken or challenged their ATH during this bull run are very likely to be ghost projects/chains. IMO one really needs to rethink holding them.
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@TheBootMex
TheBoot
2 years
Mother's husband just joined the ranks. Unlike your dumb (in same cases fake) Ukrainian friends "who were not worried, it's just propaganda", mother evacuated a bit earlier, sister and friends still in the capital though. My paradise vacation turning into shit
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@TheBootMex
TheBoot
5 years
I definitely underestimated the amount of this dump. Thought we could try to retrace for the right shoulder at 12.8 for H&S. Got a bit rekt today
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@TheBootMex
TheBoot
4 years
Shorted $TSLA at $900. Rekt soon?
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@TheBootMex
TheBoot
5 years
Have you had $1mln profit from a single position ever?
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@TheBootMex
TheBoot
5 years
Likely will have to sue a person who, just half a year ago, was calling me a friend. Money destroyes relationships easily. And shows the true personality. Strangely, I'm excited to get this life experience. Feeling large influx of energy to win and destroy
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@TheBootMex
TheBoot
5 years
I think alts won't do another big alt season, but I can't be certain about it. I am absolutely (99.99) certain they are never breaking their combined ATH ever again.
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@TheBootMex
TheBoot
4 years
Ok guys, i haven't been writing for a while but I figured a very nice Bitmex trick. This helped me making the killing trade below. I'll go with an example. Current Index price: 5500 Current swap price: 5000
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@TheBootMex
TheBoot
7 months
These days feel like the days where I would be pretty active in the market for good or bad reason. First time in over a year I even felt some FOMO, despite not making a single trade since FTX collapse. Can't wait to get my monies back and enter the game! Who still remembers me?
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@TheBootMex
TheBoot
5 years
Pretty much everyone: most shitcoins are going to die. It's so obvious! Except my favourite one, the one I bought...
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@TheBootMex
TheBoot
4 years
After the last crash hopefully I will never hear again that BS about $btc being a good hold during recessions.
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@TheBootMex
TheBoot
5 years
I feel so bullish it hurts
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@TheBootMex
TheBoot
3 years
First time in my whole trading history I bought a significant % of net worth, 7 figure $ amount of #gem / #shitcoin (depends on your terminology) of a project FAR outside of top 100 coins (L2 AAM). Should I write about it with my thesis in detail? #DeFi
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@TheBootMex
TheBoot
28 days
Who shorted the market?!
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@TheBootMex
TheBoot
5 years
Would you trust someone who thinks $XRP is going to $10 or higher to be your friend?
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@TheBootMex
TheBoot
3 years
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@TheBootMex
TheBoot
4 years
If 15 years ago, I liked games like Age of Empires, Starcraft I, Commandos II, Total War series, what PC games would I like now? Usually i like something semi-educational, esp. in terms of history
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@TheBootMex
TheBoot
3 years
March 2020 was probably the last nail in the coffin for leveraged trading for me. I will never get rid of PTSD from that day. Today's mini crash immediately brought up the memories. Was almost on the brink of being destroyed and definitely didn't believe i'd be where I am now lol
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@TheBootMex
TheBoot
4 years
I don't spend much $. Before covid, my avg spending was ~4k/month, now 2-2.5k. I live in small apt that isn't even mine and drive a nice used 2013 Porshe. What are the non-obvious (eg house/cars/travel/donations) but specific things to spend $ on? Not huge on parties + have gf
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@TheBootMex
TheBoot
4 years
Back home
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@TheBootMex
TheBoot
4 years
Make bitcoin unboring again pls
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@TheBootMex
TheBoot
5 years
Am I the only one who feels like Bitmex leaks memory? If I leave bitmex tab open for a very long time, my computer starts to slow down and I see the tab using gigabytes of RAM
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@TheBootMex
TheBoot
4 years
20c $xrpusd is still a great price to sell, believe me or not
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@TheBootMex
TheBoot
5 years
Would you love this to happen?
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@TheBootMex
TheBoot
5 years
Fck beras or semi-bulas, I'm not selling or "hedging". Net long 9890 and chill - send it to ATH and higher!
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@TheBootMex
TheBoot
3 years
IMO relief bounce after us markets close. Where I would be looking to sell the rest of what's left and even enter shorts
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@TheBootMex
TheBoot
5 years
I tried to short almost every resistance in this bull run. If not lessons, made when I lost 99.7% in 3 months, I'd probably be completely rekt right now. Instead, I made new USD capital ATH today.
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@TheBootMex
TheBoot
5 years
We might never see 4 digits in this bull market. And unless bitcoin breaks the macro trend , the bottom of the next bear market should be above 10k
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@TheBootMex
TheBoot
5 years
Thanks, bought more at 11680
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@TheBootMex
TheBoot
3 years
Ffs some people are "buying the dip" and "adding" like they have infinite amount of money (or actually have cash flows)
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@TheBootMex
TheBoot
2 years
Going from crying from what's happening to laughter and happiness seeing how fierce and united is our country. The first two days is a psychological victory for Ukrainians. 🇺🇦🇺🇦🇺🇦
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@TheBootMex
TheBoot
3 years
Ngl, after seeing how rich are some people younger than me (often because they joined the space in '13-14' or just cuz they are better than me) I forget to appreciate that I'm a multimillionaire in my mid 20s and feel kind of poor. It's a temporary emotion but still interesting
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@TheBootMex
TheBoot
5 years
I am not against making money through social media branding but making a paid group is the last thing I would do. And why would I want to get a scammy "job" again if my goal was to leave it since the very beginning? RT if you agree $btc #nopaidgroup #noscam
@loomdart
loomdart - Holy War Arc
5 years
@TheBootMex Dude just start your paid group already all this foreplay is chafing
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@TheBootMex
TheBoot
5 years
Got a somewhat typical but nevertheless interesting question. Interesting, because I think is one of those, where the answer is not typical to what the average newbie expects. HAVE (or develop!) MORE FEAR THAN GREED. If you are into trading you are already greedy enough.
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@TheBootMex
TheBoot
5 years
Has been overtrading and overleveraging in early-to-mid July getting easily shaken out. Decided to stay out of the market to re-build mental capital and wait for better conditions. First trade in more than a week - perfect dip bottom buying and start of a new trading season! :)
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@TheBootMex
TheBoot
5 years
$btc looks pretty bad. Shorted above 10k, today might be the last time we are at 5 digits for some time if we can close below the trendline I'd love to finally fill that 8.5k gap and go long around then. But it feels like if we go there we probably wick even lower.
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@TheBootMex
TheBoot
3 years
Losing money never stops to make you feel momentarily poor as fuck. Even if just recently this was your ATH. Hands itching to make it all back in one trade like in good old days of using big leverage but need to stay in control
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@TheBootMex
TheBoot
5 years
I made more today shorting bounces than during the whole bull run from 8k to 14k
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@TheBootMex
TheBoot
4 years
Maybe I'm crazy but I reshorted $TSLA at $930 again. Feels bad shorting this company :(
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@TheBootMex
TheBoot
3 years
So I was right about Elon
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@TheBootMex
TheBoot
5 years
Everyone keeps saying I should buy the dip. I hope I did it right. #BitcoinIsBack $btc
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@TheBootMex
TheBoot
3 years
It's interesting that everytime $btc low is taken off, we instantly go back up. Accumulation sign? For me - as long as we are above 42k, probably the answer is yes
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@TheBootMex
TheBoot
4 years
It you were around in 2008 - how does this feel in comparison? I am feeling mixed emotions of disbelief, being amazed, slight fear about my country but also opportunity
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@TheBootMex
TheBoot
4 years
Did everyone really short and make profit and it's just me who got rekt pretty hard today?
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@TheBootMex
TheBoot
5 years
Aged well
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@TheBootMex
TheBoot
5 years
Markets can do anything they want and this can be completely wrong. But, hell, bulas, tell me that this doesn't look like classic Wyckoff distribution!
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@TheBootMex
TheBoot
4 years
Went long just now at 32600 (binance), filled 90% of the order and currently being the bottom of the market
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@TheBootMex
TheBoot
3 years
Wish I could be in Miami too. Instead I'm meeting my gf's parents tomorrow for the first time on her father's birthday 😆
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@TheBootMex
TheBoot
4 years
Lol, noticing not the first time that I win when I don't announce my positions beforehand.
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@TheBootMex
TheBoot
4 years
too early to call but it feels like we me might have bottomed out (16460 when writing)
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@TheBootMex
TheBoot
5 years
I hope everyone used that dip. Either to close shorts or to buy and go to the 🌙
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@TheBootMex
TheBoot
5 years
What is your excuse for not buying the dip when it comes?
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@TheBootMex
TheBoot
5 years
Someone had a 40mil spoof buy wall of $40mil on mex. I prematurely bought $9mil pos at 11700 earlier today, dumped him on market at BE since he provided so much liquidity. Interesting what happens, if he was a spoofer, he shouldn't be too happy. Myself, I'm still leaning bullish
@BitmexWhale
Bitmex Whale
5 years
⬇️ [20:27:39 UTC] BitMEX XBTUSD 9,000,000 contracts market sold at 11,709.6 with 14.4 slippage
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@TheBootMex
TheBoot
5 years
I love this dump.
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@TheBootMex
TheBoot
3 months
GM bulls. Contemplating between scalping or letting these $BTC and $wif positions run as swing trades. What would you do?
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@TheBootMex
TheBoot
5 years
Everything being said, I'm a degen trader. With good risk management but still a degen trader. Impossible to do such gains otherwise.
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@TheBootMex
TheBoot
3 years
How much is "f u money" do you think?
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@TheBootMex
TheBoot
5 years
Just press that green button.
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@TheBootMex
TheBoot
4 months
Got some nice fills
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@TheBootMex
TheBoot
5 years
First trade in a while - long 8380. Not extremely hopeful, let's see
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