Who is aoa on Bitmex?

Who is aoa on Bitmex?

If you look into a leaderboard on Bitmex, you can easily find 4th rank, 'aoa'.

He's from South Korea and jumped into a cryptocurrency world in 2017-18, when the bottom of the bear started.

He started trading with just 6 million won which is 5,295.68 in dollar and now his asset is approximately $103,234,231. He also has 2,870 etc as of 2021-07-01.

The marvel is that much of his money has been from future trade, which especially made him famous in SK considering a high risk of future trade.

This image was officially uploaded by aoa on 1, July 2021. The gray line means the number of btc, blue one his asset, orange one btc price.

He sometimes receives some questions and replies back to them.

He gives some tips which might not be greatly helpful to anyone who expects aoa to reveal ALL of his trading secrets, but I think his advice is definitely worth listening.

Have you seen any successful cryptocurrency traders give their tips several times? This is a precious opportunity for sure, isn't it?

I'm thinking of translating those q&a but I'm not a native so my English could be awkward so I would ask for your understanding about it.

If you're a newbie, just look around famous exchanges above and see how people make 6 figures on a leaderboard.

💎 Tips for earning $15000 in May alone through arbitrage

💎 Aoa's remarkable earrings of a recent competition on Binance

💎 Aoa's advice on how to turn $5,000 into $100,000,000

Comments

Aoa's advice on how to turn $5,000 into $100,000,000

Can we become a rich in our earlier twenties? People in their 20s of these days often say that they have lost a ladder for class mobility. It’s no joke trying to find a job these days and there might be main reasons for it such as inflation, stepping into a stage of sluggish development and so on.. However, there are some young people turning into a millionaire thanks to cryptocurrency and one of the representative man is 워뇨띠 or aoa on Bitmex in South Korea. Like I said before, he first opened his eyes to a world of cryptocurrency in a bear market of 2017-18. He started bitcoin trading with about $ 5,295.68 and now his asset became approximately $ 103,234,231. He's famous for his own trading. He only counts on volume and candle. He sometimes receives questions and gives answers. Today's Q&A was written in June 1, 2021 and I'm gonna give you summary information about AOA's trading as my English is not good enough to translate all of writing...

A very easy explanation for quantitative easing and quantitative tightening

The Federal Reserve is the central bank of the United States. The central bank issues money. So the Fed prints dollars. An institution that can print money won't invest in bonds to make money. The Fed's purpose of buying or selling bonds is to control the amount of currency. The central bank can issue money, but you can't give it away to anyone. It's a crime if the central bank just prints the money and distributes it on the street. So when it increases the volume of money, it uses a specific method, which is bond buying. Mainly government bonds. The central bank buys bonds = The central bank gives money to the private sector and the bonds return to the central bank. The central bank is an independent agency. The government can use fiscal policy through tax returns and bond issuance, and it cannot intervene in central bank monetary policy. The government borrows money by selling treasury bonds to the central bank for fiscal policy. The central bank doesn't keep the ...

Big event to impact near future asset markets: Fed's balance sheet shrinkage

One of the Fed's QT measures, the reduction of the balance sheet, is one of the best events in the second half of 2022 along with the midterm elections. QT is expected to accelerate to $95 billion per month, and the Fed's QT size will double from September, so from September, it will fall below the monthly limit of QT and we see the T-bill repaid for the first time. Since the beginning of the 2020 rise was caused by 1) lowering the basemoney interest rate to zero interest rate (0.00-0.25%) after the COVID-19 pandemic, and 2) increasing the assets held by the purchase of government bonds and MBS to about $9 trillion (about 1.000 trillion won), providing huge liquidity to the market, f ed implements quantitative austerity (QT) to curb inflation triggered by rising markets! It has already started QT worth $47.5 billion (approximately $64.65 trillion) every month, including $30 billion in government bonds and $17.5 billion in MBS, but t he fed's announcement that it will double...

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