Cryptocurrency

FINE

Smurf

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 <p class="paragraph">A <a rel="dofollow" title="small" href="https://thebittimes.com/tag/small.html">small</a> <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> <a rel="dofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a>r who used to <a rel="dofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a> with a bankroll not bigger than $5,000 was able to make over $300,000 profit in just a few days by trading a few <a rel="dofollow" title="small" href="https://thebittimes.com/tag/small.html">small</a>-cap <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies that went through high volatility in a short period of time.</p> 
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 <p class="paragraph">According to previous on-chain data, the address used to trade with around $3,000 to $5,000. In 19 days, its balance went to as high as $362,000, then back to $275,000, with some right and wrong picks.</p> 
 <p class="paragraph">This story was first told by the pseudonymous account <em>dealer.eth</em> (@dealerdefi), on X (formerly Twitter), on September 17, and this is how the anonymous <a rel="dofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a>r was able to accomplish it.</p> 
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   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">In just 19 days, this #crypto wallet went from $3.2K to $313K<br><br>I've been closely tracking him to uncover his secret.<br><br>Here's how he did it pic.twitter.com/Wz1YZ0Z4bc</p>— dealer.eth (@dealerdefi) September 17, 2023
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 <h2 class="wp-block-heading" id="h-most-profitable-trades-by-this-small-crypto-trader">Most profitable trades by this small crypto trader</h2> 
 <p class="paragraph">Notably, the highest profits came from a trade with Refinable (FINE), a $160,000 market cap token, according to <em>CoinMarketCap</em>.</p> 
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   FINE 1-month price chart. Source: <em>CoinMarketCap</em>
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 <p class="paragraph">The address made five purchases on the second day of the token’s listing. This finding was able to give the trader a profit almost as high as the token’s total market capitalization, with a positive outcome of $148,000 being added to the trader’s bankroll.</p> 
 <p class="paragraph">As reported by <em>dealer.eth</em>:</p> 
 <ul> 
  <li>The trader bought: ~6 billion FINE</li> 
  <li>Total PNL: ~$148,663</li> 
  <li>Total purchase price: ~$29,787</li> 
 </ul> 
 <p class="paragraph">In a winning streak, the second biggest profit came from trading a meme coin called Real Smurf Cat, which is not even listed in known <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> indexes such as <em>CoinGecko</em> and <em>CoinMarketCap</em>, at the time of publication. The <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> <a rel="dofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a>r profited over $52,000 after buying a little less than $19,000 of it.</p> 
 <p class="paragraph">Trading low market cap and low liquidity tokens involves higher risks than trading more consolidated digital assets, with real chances of losing everything in just a few minutes, and is not recommended to most investors.</p> 
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice.</em> <em>Investing is speculative. When investing, your capital is at risk.</em></p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/this-small-crypto-trader-made-over-300-000-in-19-days-tbt63103.html">https://thebittimes.com/this-small-crypto-trader-made-over-300-000-in-19-days-tbt63103.html</a></p>

This small crypto trader made over $300,000 in 19 days

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