JACKIS Profile picture
May 13, 2020 6 tweets 5 min read
Buying some #ChiliZ #Chz in this box.

Pretty good looking chart with many bullish signs if you ask me Image
Leaving the "Buy Area". Took quite a long accumulation in there which I don't mind at all.

#CHZ #Chiliz Image
This is what's so bullish about #CHZ it's weekly closes in this wick. This shows great strength and are often sign of further upside.

Patience is the name of the game

#ChiliZ Image
Moving nicely so far. Up 25% since the entry.

Patience is the name of the game here

#CHZ #ChiliZ Image
finally broke out of the cluster and is now heading north!

What's important here though is that we close the daily and weekly above 135. If that's so expect some nice continuation.

#CHZ #Chiliz #Socios

Image
We closed above 135 and there is the continuation!

50% up on the position!

Think this train has a lot more to offer however this is not the time to FOMO.

#CHZ #Chiliz #Socios #BTC Image

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More from @i_am_jackis

Jan 27
🧵 The biggest problem with #Crypto Twitter is that it has wrongly set out incentives

It rewards OGs for tweeting stuff people WANT to hear but not what they NEED to hear

That's the direct reason why some most hated accounts have the largest followings

Read below 👇

1/18
The reward system on Twitter is mainly through 4 things:

1) Likes
2) Retweets
3) Comments
---------------
4) Followers - A way we measure "success" / social-economical status

Where number 4 is growing based on the 3 above

2/
There is however no economic incentive to post regardless of that

And remember, whenever there is something free, there is a (hidden) price for that (majority of the times)

3/
Read 19 tweets
Jan 26
The Market Maker REKT Model 🧵

This entire run-up in January is very tricky to play

Most #ALTs, including #Bitcoin, look like this or very similar

After a year of down only, people have PTSD to just blindly buy here, reasonably so, so they wait for the "proper" pullback

1/5
The market however is not giving any clean retests and this creates frustration and "built-up energy" in the market

Until it finally does retest. Most are happy and finally get in. If lucky, the market creates another swing higher.

2/
That's when most sidelinooors & bears can't take it anymore and FOMO

IMO we are currently around wave 4, to fulfill wave 5

They were all dragged to slaughter as the market finally does that HTF pullback they were all waiting for initially

3/
Read 5 tweets
Jan 22
#Bitcoin has reversed and confirmed its trend change as the majority of #crypto experts still fail to accept it and will be missing out.

The question is, will you ❓

Find out why in this thread below 🧵👇

1/
Nearly all major longer-term tools a lot of people use such as market structure, moving averages, supertrend, RSI, MACD, MVRV, Puell, % drop, and so on are pointing out to a trend reversal

That by itself wouldn't matter that much, it's the CONFLUENCE that matters here

2/
So first of all it's important to realize the time spent during each bear market + the percentage drop!

Diminishing returns each bull = diminishing drop each bear

With higher market capitalization the volatility will also diminish.

3/
Read 24 tweets
Nov 25, 2022
What most people dont realize is that what has happened to #FTX can happen to literally any bank in the world at any time

Banks run on a fractional reserve system & yes, they hold far less reserves than FTX had

FTX was then nothing more than a better TradFi-crypto bank 👀

1/4
If people for some reason do a bank run on any of your fiat banks, it will collapse

Had for some reason people start doing it in herds on multiple banks, the fear would spread & the system would collapse.

Then only hard assets such as #Bitcoin | #Silver | #Gold would be secure
When u deposit money (currency) to a fiat bank, it's not your money anymore

When u deposit money (#Bitcoin) to a crypto bank (exchange), it's not your money anymore

Crypto banks need far more reserves than traditional banks & you can always opt-out to spot #BTC, unless too late
Read 4 tweets
Nov 1, 2022
I've been saying this before and I'll say it again, #Bitcoin is trading as a digital commodity 💯

The rules are simple...

If you are bearish on #BTC you are bearish on #Copper. If you see new ATHs for COPPER you are seeing new ATHs for BTC as well 🫡

1/4
#Bitcoin is here to stay, whether you like it or not.

The big difference between the two is the volatility of a new asset. Where one does 100% the other does 1000%. The same goes for HTF pullbacks.
The math is then pretty simple.

We live in a world of unlimited credit/fiat money, where governments/CBs, even if they don't want to, will be forced to "print digitally"

But we also live in a world of limited scarce assets.

Infinite credit will be chasing finite assets.
Read 4 tweets
Oct 8, 2022
How do you solve the unaffordability of houses for the young ones, when the older ones are using them as a Store of Value to defend themselves against an inflating currency?

You change the Store of Value for the older ones -> #Bitcoin
In the end, you could see countries guiding people to rather store value in #BTC than real estate

It's a far better solution than putting a price cap on it

Then real estate will once again become way more affordable
I can see this shift gradually happening over the course of the next 10-20 years

The value is then being secured by the most powerful, physical (PoW), most robust defense system in the world.

And that is the future
Read 4 tweets

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