Interesting analysis guys. Only time will tell. Invest within your own means. never put your entire life savings into one basket. If you ask me, its very similar to etoro with their copy trades. I dont see the fuss about it, other then you're able to detach any time. I am being sold as well by relatives and friends. best part is they have withdrawn their entire capital and now withdrawing on compounding interest and those numbers aint small. if its a pyramid scheme, i dont think the bottom part of the pyramid will be able to sustain the amount thats being taken out at any one point in time. Then again i could be wrong. But this bickering about it being a scam has been going on for more thn 7 years in other forums.. and yet its still around.

Again, my comments isnt any financial advise. trade at your own risks. go in only if you can afford to lose it and is expandable.

This post has been edited by ruztynail: Jun 5 2022, 02:43 AM

question...

have you guys heard of etoro copy trades? is etoro illegal thn? i am copying people on it an earning on average >70% p.a. too good to be true??

It was actually a rhetorical question.. getting huge returns is actually doable and very common.. what people are a custom to are 6% to 10% p.a. or FD rates. Anything more it will be a red flag. but crypto, etoro, plus500, robinhood programs have shown that huge returns are doable with leverage!

I have been trading using etoro of late,, and surprise surprise.. getting 30% return or more in one sitting on a fine day is doable..as long as you;re discipline.... but ofcourse there are risks. i play 20X leverage.. with minimum stop loss.

for e.g. my trades on etoro...

What people dont see are the costs behind those mutual funds, banks, unit trust business which give out "dividends" after incurring massive costs/expenses i.e. staff costs, rental or premises, IT and software costs, insurance, which eats way way allot into your "returns"... that's why u get puny returns in comparison to those copy trades available these days.

This post has been edited by ruztynail: Aug 31 2022, 03:06 PM


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depends.. if i got higher gains on the day. maybe 10% losses. if not i normally limit to 5% of capital. thn if it goes my way.. after SL. ill be cursing the whole day.. but thats greed... hence i mentioned about being discipline..

yup.. i only started trading with leverage this year... all the while i have been buying and holding direct equities. CFDs are dangerous but rewarding as well.. as long as there are controls in place.. i believe all those big investors with huge chucks of AUM will be better at it than i am.

and you are right. about consistency. that is very difficult to do. especially hitting the same mark again and again and again. but then you look at epf... its the roughly the same amount every year https://ringgitplus.com/en/blog/personal-fi...dend-rates.html 5 to 6%.. but to me its about discipline again.. which i have learned recently..

This post has been edited by ruztynail: Aug 31 2022, 03:10 PM

yup! you'd be surprised at the amount of BOTs being used to trade... humans cant make that sort of fast reaction to market data.. and at 23/5 (23 hours, 5 days a week). well 24/7 if you include crypto.

another thing i learn are BOTs... dont have emotions... humans do.. we hesitate.... "they" dont. when the volume and trends hit their marks.. they will initiate long/short immediately.. humans... slow and indecisive..

BOTs trades on minute PIPs.. they execute fast very much like how PS5 gets pre-booked immediately when they go on sale... try beating a BOT at that... impossible.. they fill out forms and hit submit in less than a second..

This post has been edited by ruztynail: Aug 31 2022, 03:18 PM

https://www.etoro.com/people/jaynemesis/stats i am with him at the moment. But i do my own trades too. Dont think i am promoting any scheme at all.. just purely my own experience. and stating facts.

This post has been edited by ruztynail: Aug 31 2022, 03:22 PM

well.. i cant automate my decision making without precision. you;d need a software for that.. and i have emotions attached to my decision every single time... because it involves money which i earned... that detachment is something only a BOT has.

if it was a human behind the controls, by the time i check all the boxes... it would have been too late.. the graph will be moving the other way round.

anyways you;d need to experience it yourself 1st hand... cant be taught.. try etoro demo account.

This post has been edited by ruztynail: Aug 31 2022, 03:34 PM

not necessary... like i mentioned bfr.. BOTs do minute trades.. and sometimes it can screw up too.. like what happened to Terra.

humans do "longer trades" they can hold for much longer and their basis are based on market fundamentals. or quick opportunities e.g.

https://www.cnbc.com/2022/08/26/powell-warn...-inflation.html

after his speech, which was blatantly negative.. market reacted negatively (downtrend) for a good 6 hours. say you;d miss the 1st 3 hours cause of the resistance stick. there is still plenty to make in the 4th to 7th hour of the market.. FMs... will go for these trades... they either go in for long... or are opportunists..

This post has been edited by ruztynail: Aug 31 2022, 03:49 PM


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Kk i think you are going in depth d.. i dont have all the answers as i am also new to this too. GOOGLE is your friend, try reading up.

if this whole operation is a scam. and changing to crypto is just a illusion, it will self destruct very very soon.

Why? they have been delaying withdrawals for a while now, people will rush to take out money from the system,
1) demand for USDT will go up,
2) demand for TFX will go down.
3) Nobody will be exchanging USDT for TFX coin.
4) everyone will want to cash out, i.e. change TFX coin to USDT
5) TFX coin will drop in price drastically.
6) Repeat from 1 again. this will push TFX coin to near zero.
7) even if the TFX coin value dont drop to zero, people will not buy it. So no new USDT into the system.

Then the whole operation will destroy itself.

Correct? On the contrary.... if this change in operation survives... what do you think will happen?

This post has been edited by ruztynail: Dec 6 2022, 01:55 PM

How do you quantify the negative perception or the ill-belief of existing investors? Based on what you see on social media, lowyat forum? reddit? google? You did a voluntary survey?

if the fear is real, and it has been for awhile now, like FTX, blockfi, terra blockchain, it will cripple it in a matter of days. Because the huge withdrawals are not sustainable.

Those with a huge investment lagi la want to withdraw and cash out. They were the ones having the biggest of all difficulties taking their money out.

So lets see, either self implode... or carry on BAU.

This post has been edited by ruztynail: Dec 6 2022, 02:12 PM

For starters:

1) there is a need to understand the purpose tfx started to issue out coins and enter into the crypto space... i.e. backlog of withdrawals
2) there is a reason why its not meant to be publicly traded outside the eco system. TFX does not want it to traded by a wider audience who are not investing with their Fund managers. That's where they get their brokerage fees...
3) audited, traceable, limited minting, so? Even if they have all these controls, didnt stop "publicly" traded coins like FTT, UST, Luna to name a few from creating total chaos in the crypto market right? and we're talking about big, billion dollar value coins..

the $10m is only when the price of 1 tfx coin goes below 1USDT will the system control kick in.

You definition of "rolling" is reference to a pyramid scheme ma. people put in money, and more and more will come in and it snowballs. No? Isnt that what happened to FTT, and Luna? but because sentiment was negative, both these coins lost 90% of their value within a week. My POINT was if perception of the system is bad... it WILL collapse... unless there are adequate controls put in place to stop it.. and when i meant controls.. i mean huge reserves to support the value. If it was a ponzi scheme..they wont have sufficient warchest to do so.. like FTX and LUNA.

and to answer your last question... I cant.. because I never claimed I could in the 1st place.... and for obvious reasons.. because i dont have enough stats to represent the whole/majority of investors in tfx.. but apparently you do.

This post has been edited by ruztynail: Dec 6 2022, 07:09 PM

I think you got something wrong in the head.. lol.

Sorry, not going to waste my time educating hard headed individuals. You can believe what ever you want to believe.