SSR 0 online
02:46 AM
he
D:No just they...
21:07 PM
Disruptive Tech
Hey D. Past ti...
19:44 PM
bmk
Hi, How is the...
00:50 AM
Corsario
Hello, how are...
15:00 PM
D Man
Dancing still a...
09:26 AM
bqb
Any latest upda...
16:18 PM
bp1
Hi...so we drop...
21:39 PM
bpy
As i told you...
17:23 PM
zn
D man
07:32 AM
bdt
Another vote to...
16:57 PM
ig
All in with D M...
17:07 PM
Rammstein
agree
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bw7
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yellowbeard
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Alfred
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einherjer
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0 New Messages
November 11 2018
D Man
if not, we go for the next round and hope to see more green
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bp1
What to say... for me its clear. If we cash out now we loose... and I am
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bp1
not with you for loses. Let it roll
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bp1
and recover
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bpy
D Man
we are 65% down... not trading until we are back in trading zone. Heavy man...
Damn thats a lot!! however keep going
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bpy
As i told you when we started... i'll check the results in 6 months to decide what to do with the investment.
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D Man
yes. I agree. I am the same.
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D Man
I hope we will smile back at this moment as the moment we made good decision.
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D Man
With full analysis I did today... I have to conclude this was not predictable so I don't blame the traders - on normal markets they have an edge, and I hope it will be enough to recover this and make us more...
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D Man
I must say in this scenario I am even impressed Sicario saved any funds as we were going for a kill, I pushed them told to make us proud... it went how you all saw, against any expectation and all got rekt but they saved enough funds to work with. And that's what I respect. Now just let's hope this was the only "taxation" by the big wallets for the rest of the year.
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D Man
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D Man
D Man
We are currently waiting for the right opportunity. The move that melt the whole market down, was not trade-based... and we paid the price of reduced portfolio. Now have to cherry pick trade based moves until Sicario team recovers it.

This is an important lesson I enjoy re-learning myself... when I see successful traders do the opposite of what an average newbie would do: An average newbie would jump into trades now to recover... and they wait for even more confirmed trades.
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D Man
Warren Buffett, one of greatest investors of all times, preaches waiting as the key differentiator for success.
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D Man
I will do once per quarter reports from Sicario. In the meantime, if you need me, reach out directly as I won't be here much present. It takes time now to recover and I don't expect much dynamics in the near future. At least 3 months I expect are needed to recover from something like this. I am also an investor like you so I want it to be asap, just want to be realistic. Bitcoin is dumping due to hashrate change and now it is in bearish channel. It might recover soon before bakkt or not... either way with proper portfolio management, it takes some time now to achieve what we want. I can tell you that Sicario team are on it daily and doing the best they know. Leaving this open, but won't check it frequently. If you need to reach me fast, telegram is the way to go. Cheers!
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Corsario
Hi...any updates on this...for accounting purposes, how far down are we with this?
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D Man
hey no updates when that dip happened it was around 80% lost... so now they are trading conservatively to get us to where we started. I don't think anything will happen before June
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bp1
Hi...so we dropped from 65% to 80%? Last update was 65%
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Corsario
Ok, so we will have to sit tight until June...hopefully we will recoup the 80%...considering you have some winning trades lately, has this loss been reversed a bit? Thanks for your response, no need to rush to answer.
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Corsario
Ohhh, small suggestion, could prolly include date in the chat timestamp
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D Man
Corsario
Ok, so we will have to sit tight until June...hopefully we will recoup the...
hey, just saw it... they are taking it very slow now, not losing, but the plan is as follows:

Since the big loss occurred at 6200 level, the portfolio until it is recovered to at least 25-30% of its original value does only 1% per trade.

As you see there is a lot of sideway movement and for funds these movements are a dust, noise pretty much.

I expect some volatility to come to crypto soon, and then it can do its glory... first slow due to super conservative approach and then faster once the account strength is recovered.
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D Man
bp1
Hi...so we dropped from 65% to 80%? Last update was 65%
no, we did 80% first -- but after that they are trading. They did the change to 1% per trade so as per update above... it is growing slowly. Once it is at point of 25-30 they will move to more aggressive approach. I actually like how they are doing it now. I am inpatient a bit, but I like it and understand. After all, all we have to do is wait. They don't want to lose money as they lose business then, and they already proven their edge in mex so... I give them time. Risky idiots would actually make me nervous, this conservative when down approach is good. Will update periodically here.
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D Man
I put 5 bt in it too
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Disruptive Tech
Any updates on the funds.
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D Man
no brother, it's almost rekt due to that move... it is slowly traded to recover, but see btc and crypto how it goes now... no liquidity, see where we are unde 4k crypto. Under late 2019 I doubt there will be anything note worthy.
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Corsario
Hello, do you think we might get a quarterly report for this, specially since markets has had upticks?
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D Man
Corsario
Hello, do you think we might get a quarterly report for this, specially sin...
yes i just got it from Sicario... current standing - 89%

IT is terrible, however we must not forget that it is in environment where we were going for a kill and didn't get killed. Bitmex according to Sicario team is illiquid at the moment so they don't want to wait to get stopped out. Whoever wants to withdraw, can.. I am personally letting them trade as they are moving now to Bitfinex and alts for us as a safer alternative. I believe by the end of 2019 they will at least 2x that or maybe even restore full portfolio. We will see. The point is, I don't think I'll do any better myself trading it at the moment and don't want to miss out if they make it big. They won't trade big until they are at least 33% after that it's fast... so now we have to wait for them to double it on alts or anything. Let's take it on individual basis. Who wants it out, just msg me - and others let's roll. I told you I put the same amount as most of you, we did see with our own eyes what market made, and these are now real conditions.
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bqb
Any latest update?
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D Man
bqb
Any latest update?
Dancing still around the same ... they missed this pump up but didn't trade on the wrong side either. I'll ask end of August for more detailed analysis from them and the plan.
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Disruptive Tech
I hope the team didn't miss this pump.
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Corsario
Hello, how are we doing with this portafolio
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bmk
Hi, How is the fund doing?
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he
D Man
Dancing still around the same ... they missed this pump up but didn't trade...
Any news?
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he
Anybody?! D??
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Disruptive Tech
Hey D. Past time for an update.
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he
Disruptive Tech
Hey D. Past time for an update.
D any news on Sicario ? You do not post on SSR anymore. Report was promised...
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he
I post D directly on T
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he
Reply: Yes brother, they went missing in action at 93.11% loss... after that big one they didn't trade anymore. You can withdraw though.
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he
So this is it? S is dead?
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he
D:No just they don't trade until people return to the market... they don't want to trade in low liquidity high manipulation environment
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