HOW TO DOLLAR COST AVERAGE $BTC THE RIGHT WAY

/Thread
Buying when prices are low requires discipline, patience, conviction, emotional control, and trading tools which actually work

Let's focus on the trading tools for this thread!👇
1. @cubantobacco spot buying guide

Very simple for finding good entries on $BTC

tradingview.com/script/bELupuo… ImageImage
Puell Multiple

If you want more buy entries, go to a lower timeframe

tradingview.com/script/ecEyOv0… Image
RSI Divergence script

Only buy $BTC if RSI is below 70, as you can see this has worked historically for a DCA strategy

tradingview.com/script/CaMohiJ… Image
Funding and premium index

Buy when the orange lines point down

tradingview.com/script/exvN2Qg… Image
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More from @cryptodan19

15 Dec
My top 10 BEST trading indicators for buying the #Bitcoin bottom

I've been obsessed for 3+ years on this topic, and can say these tools WILL make you money

Here are my favourites👇
#1 - 200D Moving Average

- The line is the average price of Bitcoin over the prior 200 days.

- SUPER simple. Buy when price gets to the blue line. Image
#2 - Puell Multiple

- A calculation which uses daily issuance of new Bitcoin's to determine great places to buy

- Buy when the indicator has the green column showing
tradingview.com/script/ecEyOv0… Image
Read 13 tweets
7 Nov
Been an amazing few days of trading for myself and Wintrade members $BTC $ETH $Crypto

Lets recap:👇

1. We opened 1 trade yesterday on $BTC with our Wintrade trading system, making 72.8% in 16 hours🔥 (20x lev)
2. I issued a call yesterday to buy $YFI at the 7500sat buy zone

Today we sold at the final target of 15600 sats for a 2x🔥🔥

3. Took some profits from spot $BTC long that we opened at 10.4k for a 54% profit💎

Read 4 tweets
31 Oct
An explanation of funding, and why EVERY Bitcoin trader NEEDS to use it as their main trading tool $BTC #Bitcoin

/THREAD
We've all heard the trading mantra 'Buy low, sell high'

But how many traders can actually implement this seemingly simple strategy to make consistent profits?

Not many. But why? Image
1. Because the tools traders use to analyse when prices are 'low' and 'high' are incomplete

AND

2. Because when an edge on the market becomes obvious it seizes to act as an edge

So how does this apply to funding?
Read 11 tweets
15 Jul 19
'Reminiscences of a Stock Operator', published in 1932, is a mandatory read for all crypto investors📜

After reading for a 3rd time, I've included some of my personal favourite passages below⬇️

$crypto
Ever made a trade in the hopes that the market will pay for something you desire❓

Don't.

"What does a man do when he sets out to make the stock market pay for a sudden need? Why, he merely hopes."
"There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again". 🦉

- The exact same applies to the crypto market, and any other market that humans trade📈
Read 23 tweets
6 Jul 19
Just finished reading 'Psychology of the Stock Market' published in 1912. 📔

In hindsight, this is a mandatory read for all crypto investors.

Below I'll include some of my personal favourite passages ⬇️
"When the markets look weakest, when the news is at it's worst, when bearish prognostications are most general, is the time to buy."

For example, $ETH bottom, we saw:
- Substratum uses investor funds to short ETH to $60
-
An EXACT description of the $BTC run from the 3k lows, written over 100 years ago 👀

"The public notes the advance - but that there will be plenty of opportunities to buy on substantial reactions - strangely enough, these reactions do not appear"

Same
Read 17 tweets

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