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TrunQ
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TrunQ
@trunq_eth
Affiliateor | Verb 16:32 | Playing 5D Chess
Katılım Şubat 2022
177 Takip Edilen6.7K Takipçiler

@bitquoter @recouso If you still have the passport, they can extradite you.
That’s why @recouso helps people get second passports.
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Instead of sharing my wins, I wanted to share a story about losing over $400,000+ in one week due to a nonpayment.
A Nutra Advertiser to whom I sent over $3M in sales and who paid every penny owed on time disappeared for several months and hit me up saying he had some fresh mids and was ready to push hard again.
He wanted to test and see how EPCs and conversions were, so we did some small tests.
The first week, like $3K-$5K daily revenue, just to ensure things were converting.
Invoices were sent, and wires landed; just like usual, everything was good.
Once I got a green light on quality, he said he had around $2M worth of cap for the month and wanted to scale up hard.
So, that Monday, I increased sales to around $30K-$40K a day.
Come Friday, I realized I was already six-figure+ floats, and he assured me that on Monday, he'd be able to Net0 pay me for all the sales up to Sunday without a problem.
And since it was the weekend, he wanted me to scale as hard as possible.
His offer was converting so well that I was making like 40%+ ROI at scale, so that weekend, I did a few $60K-$75K days back to back.
I quickly pulled the stats on Sunday at 9 PM EST and blasted off an invoice to guarantee a wire would land on Monday.
Monday came, and no deposit.
I contacted the Advertiser, and he promised me that the wire was sent and that if it doesn't land today, he is 1000% sure it will land on Tuesday.
So, with that reassurance, I kept the traffic live.
With several hundred grand on the float, I was already uneasy, but my unrealized profits kept me going.
So Tuesday comes, and still no deposit.
I tried to give him the benefit of the doubt and wait until the afternoon bank cutoff time, but once 3 PM came by and there was no wire, I knew something was not right.
I stopped traffic instantly.
Then, there were endless back-and-forth messages about how the banks were holding the reserves and other excuses as to why he could not pay me out.
A part of me wanted to believe him, but another part of me just wanted to strangle this guy for putting me in this predicament.
All I knew was that, after all the excuses, I was the one left holding the empty bag.
It was super frustrating.
Months of back-and-forth messages, more excuses, and claims that chargebacks, fees, refunds, and so on prevented the banks from paying him out entirely.
I didn't know this, but the actual reality was that this Advertiser was heavily in debt and needed sales revenue to keep the juggling act going.
His fatal mistakes and mismanagement of money resulted in him closing his operations and filing for Chapter 11 bankruptcy.
All the legal pursuits, lawyer fees, and headaches were a waste of time and money on my end, and after it was all said and done, it was just a complete loss.
I could go more in-depth about this experience, but you guys get the point. I got stiffed.
Long story short, the real money I lost was not the unrealized gains I thought I would be making but the money I spent on paid ads, which was a little over $400K.
A few things happened that allowed me to fall victim to this.
The first one was his previous track record of paying me out on time. I felt like he could be trusted, but in this economy, I would be cautious about extending credit.
The second one was my greed.
The greed of seeing the daily profits on my campaigns kept me hungry for more sales, even though it was unrealized.
A bit of wisdom I can share with you all is that when campaigns are going abnormally well, there is a 1000% guarantee that something is not right somewhere.
When things are just too good, you need to double-check quality and everything else to make sure it's all in order.
Don't be quiet; proactively reach out to ensure things are okay with everyone involved.
Over the years, I've taken many losses in life, business, and relationships, and every time I make a mistake, I promise myself I won't repeat it, but I do.
So here's one last bit of wisdom I'll share with you.
Even the good, smart, friendly, intelligent people with the best intentions can make careless mistakes.
Learning from the experience and just keeping going is all you can do.
So for those who only see the big numbers understand that it comes with big losses also.
There's definitely a lot more to the game than most will understand.
Any questions? Feel free to comment below!⚔️
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Some people say "Oh, boomers had it way easier back in the day"
To me it's the same as saying "Damn affiliates/ecom/.. had it so much easier"
And idk but to me that's actually a red flag in reasoning, I call it "Mid IQ"
Every era has its unique challenges. Stuff that's trivial & obvious to us now, wasn't X years ago
I know of many people who, by today's standards, made "the easiest millions ever" online 5-10-15+ years ago
There will always be a "hard part", it just changes over time.
In the past, access & knowledge were the biggest edge.
People would sell the easiest products on eBay and make millions.
People would launch the easiest offers/funnels/ads and make millions.
In general, if you adjust for inflation and everything...
The "Work-to-Reward" ratio is the best TODAY. It's all about energy in, and what you get out
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@bruh_friendly @stackingcad Don’t mind @stackingcad he got a finance scholarship by winning a math competition in Mumbai.
Now he thinks he’s a trading genius.
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@stackingcad @trunq_eth Autism Alpha from other response: "Keep in mind there are Quant retards looking at daily satellite imaging of Oil Refineries, counting how many trucks came and went to predict supply/demand/production quarter goals."
This should keep him busy.
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@bruh_friendly Makes sense.
I’m wondering if big jumps or drops get priced in by market efficiency.
But I guess these things aren’t as easy as they seem.
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better traffic trend most likely correlates with higher stock prices, but does it have any predictive power?
market efficiency most likely made sure every publicly available data was already utilized, and the forward-looking expectations were already priced in + there is lag in data interpretation, meaning more visitors don't always correlate with increased revenue (due to potential conv gaps, scalability problems, trash traffic, etc)
also, the stock price can be one bad google update away from crashing to shit
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Solid weekend leading up to BFCM. Even thought I’m a big proponent of the one campaign account structure the team decided to test some of the creatives that have not been getting spend in the main campaign but are potential bangers in a separate campaign.
While it’s too early to make any definitive observations the test has been showing promising result so far as we increase budget. Will keep you guys posted on the results

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@Surreal_Network At some point, a company becomes so decentralized that there isn’t really anyone who cares enough about those expenses anymore.
The same goes for all those big corporations that hire each other for six-figure consultancy or audits, while a junior just uses GPT for it.
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