Obelisk the Tormentor @tankage
Copytrading my way out of the Shadow Realm. Joined March 2014-
Tweets77
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Followers141
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Following36
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Did not realize people liked and missed my monthly updates. I can't answer every dm but I am still alive, still doing copytrade, still quite profitable. I took a break from tracking when sol pumped hard to cash out and deal with some real life issues. I don't want to go into too much detail, but the profits from copy really gave me some freedom and improved my life greatly. Thanks if you were following along.
Hold profits in USDC = Sad when SOL pumps. Hold profits in SOL = Sad when SOL dumps. I'm profiting around 7 sol per day at the moment, but need to decide to hold in USDC or in SOL.
@naiivememe You should have lots if you also sell the highs.
Month 8 Copytrade Stats (July) 218 total copies (avg 7.27 copies/day) 129 wins, 89 losses (59.17% win rate) Copytrading profit is ∼251.837 sol Win rate has gone back up a bit, could be due to improved market conditions. Optimistic for the future. Expenses No bot renewal costs: 0 sol/month No recurring tool costs: 0 sol/month Node rental cost: 1.5 sol/month VPS cost: 0.16 sol/month Misc cost: 19 sol (higher because testing new tools and nodes) Total profit for the month: 231.177 sol Stabled 90% of my Solana at ∼$190 USD per Sol about a week ago. Looking to have been a good decision so far. Misc cost is higher than usually, because I have been trying out some new tooling these last 2 days since Sol is low. So far not impressed with the new tools. I will stick to what has been working for me.
@untaxxme July was a good month. I'll do a update post when I have time.
@plops The nicest thing is that it doesn't take up 18 hours of the day grinding in the trenches or scanning for new pairs. Some of these guys make boatloads of money but at what cost. Probably a heavy toll both mentally and physically.
@nortier @leonabboud @coinbase Won't need to cash out in the future if you spend from your crypto wallet as well for most things. One day sooner than we think.
Month 7 Copytrade Stats (June) 205 total copies (avg 6.83 copies/day) 104 wins, 101 losses (50.73% win rate) Copytrading profit is ∼224.898 sol Win rate is quite low compared to what I was expecting, but profits are very solid still, so I am not too concerned. I believe it is just due to market conditions. Also been picking wallets that have higher returns, but lower win rates so that probably has something to do with it as well. Expenses No bot renewal costs: 0 sol/month No recurring tool costs: 0 sol/month Switched to a new node, rental cost: 1.5 sol/month VPS cost: 0.16 sol/month Misc cost: 2.5 sol Total profit for the month: 220.738 sol Still struggling to scale up, but I'm realizing that perhaps this is just the limitations of being a solo-botter in the copytrading space. There are only so many profitable tokens per day, and trying to forcefully scale up when markets are down/slow is very risky. I still think there is huge opporunity with copytrading in Solana though, and it will last for much longer than people think, perhaps indefinitely.
@strawed Your hold time is much lower than mine, but good profits still gg. Maybe I should stop ignoring the low hold duration wallets.
@plops Was this on the real token or fake one? I copied into a fake one but still made a 70 sol bag.
@solanacasino313 a private cli bot
6 Month Copytrade Update Avg copies per day increased slightly (avg ∼8.4 copies per day), average win rate decreased (∼58.71% total) Win rate decreasing is likely due to me spending less time evaluating wallets before copying. With my current setup, I only spend around 30 minutes to 1 hour per day sourcing wallets. When I first started with less capital, I was much more careful when choosing wallets. Now I have a much larger runway, so it is not as important as saving time. Profits: Feb: 171 sol March: 189 sol April was my worst month, with only a 23 sol total profit. Markets were bad and I was trying new strategies such as adding much too many wallets. May: 295 sol Markets were up, I stopped trying to scale so much and focused on quality over quantity. Also got very lucky with a 90 sol profit on one copy. Overall I'm feeling a bit stuck and unable to scale up, but still extremely grateful that I am finding success. Seeing people post their +120k usd profit cards per token made me get greedy and make mistakes like in April. Regardless, I always dreamed of having a passive income stream, and memecoins have allowed me to achieve it.
@plops Check dms is my guess correct?
@mellometrics 1 and 2 are very important, not 3
@puddles42069 On a serious note, I think the government is not capable enough in terms of verifying evidence to even do anything about the "illegal" stuff happening.
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