Ghost Trader — Staying Dry
The markets, they are a’churnin’. And with that constant tumult and the general downward trend accompanying it, the general level of anxiety in the market seems almost unprecedented. It almost feels almost as if everyone has begun to panic. The correction is only just getting started.
“When it rains, it pours.”
By now, we have a pretty definitive answer to the question that has been on the lips of practically everyone in cryptocurrency over the past year. Yes, my friends, the digital asset market has descended into the worst bear cycle in the history of the asset class. Indeed, many expect that the market still has at least another significant drop to as low as $10K to $11K before the market manages to establish the ultimate bottom. Forbes, for example, is currently claiming that the bear market in digital assets could last another 24 months yet to come.
Worse still, the entire world economy has slid precipitously for months. The broader macroeconomic market backdrop indicates that we have already slid into a more comprehensive recession — regardless of what the Federal Reserve tells everyone. But even the Fed has been hedging its own rhetoric lately, trying to walk that narrow path between a rough but manageable landing and outright global depression. The jury is still out.
Between major blockchain projects dying off or facing insolvency, major names in the equities markets like Tesla and Netflix shedding market value like trees shedding leaves in Autumn, and a litany of other macroeconomic and geopolitical events conspiring against a speedy recovery, the prudent have already migrated to more risk-off assets like the US dollar and Treasury paper, and have begun to settle in for an extended freeze.
All of this is coming to a head just as the United States has resoundingly rejected the global economic order and begun to turn inward.
Hello Darkness, My Old Friend
Despite the macro environment, despite the collapse in equities and digital assets, despite the reorientation of the global economic order from a global to a regional focus, opportunities for generating profit remain. Of course, taking advantage of those opportunities requires a level of experience and finesse that rarely comes easy.
Success in today’s market requires a healthy respect and appreciation for the system as a whole, and a financial agility that only develops over years of experience — experience gained in all types of market conditions, bullish and bearish, volatile and flat alike — from the brightest of days to the darkest of nights.
When the Ghost Trader project originated, the team — and particularly the Ghost Trader himself — predicted everything we are currently witnessing. Between the broad systemic strokes, the turning trendlines, the global transformation, the Ghost Trader anticipated it all. The rest of us have been the beneficiaries of his accumulated expertise, and his steady hand. Our track record stands as testament to that.
The project is unique because it is not a cookie-cutter facsimile of dozens of others. With one foot rooted firmly in the traditional finance space and the other squarely in the decentralized finance space, it gives our trading team the maximum latitude of action to maximize our fundamental value proposition. The project gives the Ghost Trader essentially a free hand to exercise fully the trading strategies he and his team have developed over decades. The results speak for themselves — an unbroken streak of seven months, delivering consistent rewards to our contributors since inception.
It’s What You Keep, Not What You Make
The entire ecosystem is predicated upon providing access to the highest echelon of trading expertise, and does so by providing digital asset natives targeted exposure to traditional trading markets. Our team generates rewards for contributors off-chain, away from the unpredictability of the cryptocurrency market. Our trading pool currently has very little to do with the volatility of the digital asset market. Even when the team distributes rewards, contributors receive their rewards in the form of a stablecoin, specifically BUSD, Binance’s fully-collateralized stablecoin offering. Unlike Three Arrows Capital and other similar projects, the team takes risk exposure very seriously. The name of the game here is risk management, and it supersedes all other concerns.
As a reminder, last weekend, the team here at Ghost Trader opened the whitelist phase for the release of our new Silver edition NFTs. The team will begin to release these new NFTs in a matter of weeks. Make sure you secure your place on the whitelist. Spaces are limited, and you definitely do not want to miss this opportunity.
Register here on our website to secure your opportunity to join one of the most exclusive communities in the financial world. Also, be sure to stay tuned to our social media outlets moving forward for updates and news of the Ghost Trader project. We invite you to check out our official Ghost Trader website, join us either on Telegram or Discord, follow us on Twitter and LinkedIn, and be sure to check out the podcast. There is a new episode dropping this weekend.