From Poker to Crypto: The Rollercoaster Life of Alex Vays

Alex Vays, a former poker pro, shares his journey from poker marathons to cryptocurrency trading, highlighting his highs and lows. In 2013, Alex Vays became the first Supernova Elite (SNE), achieving 100,000 VPP in just 39 hours. He started his poker marathon with a bankroll of $62,000 but faced significant losses initially. In July 2013, Alex Vays mentioned paying $300,000 in rake and receiving 70% back, turning his profit line positive without rakeback.

However, Alex Vays shifted his focus to Lunarch Studios, a game development company, in mid-2013. In June 2014, Alex Vays announced he was effectively retiring from poker, continuing to play only to maintain his SNE status. His involvement in cryptocurrencies began as early as 2013, offering to exchange BTC on 2+2 forums.

In March 2021, Alex Vays announced his retirement from trading, citing health and business priorities. He revealed in November 2020 that he started trading with the goal of holding Bitcoin as long as possible. Alex Vays mentioned that he began trading with $10,000 Bitcoin, aiming for a $250 million profit if the price reached $110,000. He experienced significant personal challenges, including a breakup and job loss, which led him to focus intensely on trading.