$BTC - I'm not a predictions guy, but any potential corrections into the weekly trend / yvwap / bottom anchored vwap are gifts for the bulls
I think 87k is pretty solid resistance, so imo the longer we spent under it the higher our targets become when we eventually break through
pepe is only 10% away from flipping shib
even though it didn't happen in the last bull market it's still super cool to watch the thesis continue to play out
Black Friday discounts are out!
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3 Months - 10% off Code: BF_3MO
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Take advantage, because we don’t do these often.
New COOKBOOK out now
Magus — It's time for risk to rip
Doc - This is the big fear moment
Charlie — Far too late to short, far too early to long
Stoic - Might be a minute before vibes improve
Mercury — The last stand for Bitcoin
read here:
$BTC squeezed +7.3% in 12 hours on Nov 4, then gave all of it back the next day. A full retrace.
@DocXBT walked through it live on stream:
"My base case is always range for longer and let the market surprise you."
$BTC squeezed +7.3% in 12 hours on Nov 4, then gave all of it back the next day. A full retrace.
@DocXBT walked through it live on stream:
"My base case is always range for longer and let the market surprise you."
The fumbler cycle:
1) Mark out pullback area to buy
2) Buy on perps
3) Martingale
4) Can't handle drawdown on ltf
5) Close for L
6) Watch it bounce a little
7) Get pissed and long again
8) This time you swear you won't close
9) You hold underwater for 5 days
10) Random -4% candle scares you into closing
11) That was the bottom lol coin mega rips
12) You topblast
13) Catch 8% move
14) Take profits to cover the losses from before
15) Get sidelined for next 50% higher
16) Get pissed
17) Long laggard that your friend shilled you
18) Catch 27% move
19) Say you won't close this one early
20) Full roundtrip ensues
$BTC - I'm not a predictions guy, but any potential corrections into the weekly trend / yvwap / bottom anchored vwap are gifts for the bulls
I think 87k is pretty solid resistance, so imo the longer we spent under it the higher our targets become when we eventually break through
Keys to winning in a bull market:
1) Let spot do the heavy lifting for you
2) Concentrated high conviction bets > throwing darts
3) Do not fixate on perfect entries
4) Focus on strong coins, dispersion will return
5) The weekly trend is your best friend
7) Be open to new narratives, fading is midcurving
8) Respect your sleep and family. Sacrifice the rest
9) Bad entries on good coins are better than good entries on bad coins
10) Bid liquidation cascades and fud
11) Arbitrage speculative premium, then move on
12) Separate day trading account from the rest i.e. use subaccounts
13) Trade the chart, not your PnL goals
14) "Just another 2x" will destroy you
15) If you screenshot your PnL curve, sell some coins
16) Build the habit of withdrawing some money and putting it the bank every single time you realize a big win