James Wayne, a borrowed trader on the excessive liquid that has become famous His short bet at a value of $ 1 billionYou can now acquire a new type of fame: such as the “Cryverrse Cramer”.
For those who are not familiar with Cramer Lore: It is the high octane and loud amplification in CNBC’s Madness of moneyThe former hedge fund manager has transferred the arrows with a busy or missing record of transformation into Mimi. Many retail merchants began to do the exact opposite of his recommendations, and the idea became so famous that “reverse Cramer ETF” was launched (later closed, but Meme lives).
Now, the encryption traders may have found the reverse “Jim Cramer” in James Wayne Portfolio trading.
“Winning strategy recently? Is James Wayne,” SAid Blockchain Sleuth Lookonchain In the X Publication, he refers to a merchant who was making millions by doing exactly the reversal of James Wayne’s deals.
“0x2258 was practicing trading in James Wayne-walking when James Wayne went long, and he went long when James Wayne Shorts lost. Last week, 0x2258 achieved about $ 17 million, while James Wayne lost about 98 million dollars.”
Only seventeen million dollars per week by reverse on one merchant is not a bad payment day. However, this may be a short -term trade, and one must be very careful as things can change quickly in the world of trading, leaving millions of losses if it is not properly hedge.
Even James Wayne said: “I will restore it, I always do. I will enjoy doing so. I love to play the game” after the trader got It was fully classified during the weekend.
So, perhaps this I wanted a jewel: “How much money would you make if you did the opposite of Jim Kramer?” It will never be translated to include James Wayne. But the feelings are noisy and clear: in the market where the perception is semi -trade, even your PNL can get a Memer!
Read a reward: Jim Cramer does not know bitcoin“
publish_date
