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Sam Bankman-Fried Buys The Dip: His Latest Purchases


Hello HODLers!

For those who don't know him yet, Sam Bankman-Fried is a US entrepreneur, founder and CEO of FTX. He started working for Jane Street Capital, a proprietary trading company, where he was involved in ETFs. In October 2017 he founded Alameda Research and in April 2019 FTX. In January 2018 he began arbitrage trading, taking advantage of the difference in bitcoin prices between Japan and the United States, moving up to 25 million dollars per day.
In 2021, the American magazine's ranking of billionaires under thirty is included in the Forbes 30 Under 30 Finance list.

But let's talk about it today because in recent days Sam Bankman-Fried has acquired several companies operating in the crypto market, taking advantage of the current market prices.

In the first two weeks of June, FTX CEO Sam Benkman-Fried made a record number of deals in the history of the cryptocurrency industry. He acquired two companies, supported #BlockFi, made a loan to Celsius and invested in Voyager Digital.

In total, Sam gave $ 1 billion, which is about one-tenth of his fortune. To clarify, here's an infographic of what Sam Benkman-Fried's crypto-empire looks like now.

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Conclusions

In my opinion it was a great time for Sam to invest and expand his empire given the market prices. Only time will be able to confirm whether the legendary Sam moved well or not, but one thing is undeniable: unlike other players, he had the patience to wait to draw on his liquidity in the moment of market downturn, while other players did. positioned and invested at all-time highs.
Big investors do just that, they buy at the lows and sell at the highs. No panic sell, no FOMO.

 

 

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MakeItReal
MakeItReal

🎓Master's degree in Strategic Management 👑Torum Ambassador 📳Admin of Torum Official Italian Group on Telegram 📳Admin of Hard Rock Crypto on Telegram


MakeItReal Torum Ambassador
MakeItReal Torum Ambassador

Welcome to my blog! 🚀 Crypto HODLer 🎓 Graduated in Economics and Management 🎓 Master's degree in Strategic Management 👑 Torum Ambassador

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