I can say the same thing about Cronje. I have been outspoken in the past about things he did wrong, but I cannot understate how much he has done right.
This has been my view on gold since November 9 and the Pfizer vaccine news. I'm long - added to my longer term position today. Expect market to soon start trading increased Fed easing to come on December 16, driving the dollar lower. Also longed silver. Same analysis applies.
This is a big picture play, with stops 8% lower => outside the noise. More likely to exit if the macro changes and proves me wrong than hitting that stop. I don't expect either, but always possible.
No, not going to advertise moving all my liquid net worth into bitcoin, like some do for engagement. I'm already balls deep into bitcoin & crypto, been so for a long time. I generally handle crypto positions independently from crypto.
When there is panic in a bull market, that's a long.
Don't need to wait for "confirmation".
Look into the Three Pushes pattern, very useful for timing entries intraday when combined with watching volume exhaustion prints. When an impulsive move (i.e. a push) is very strong, expect continuation. Generally best not to fade the first push (unless a great scalper).
These are $ETH and $BTC charts for last week's crash.
Expect $XRP to continue trading as a high beta, i.e. a faster horse. Instead of the low beta it has been since 2019. Together with $LTC, ideal for getting exposure to the legacy alts.
Ethereum validators generate revenue by validating transactions. Some transactions pay better than others. Archer DAO incentivizes validators (miners) to partner with onchain analysts & traders (suppliers) to validate more profitable transactions. $ARCH
Archer generates more revenue during times of extreme volatility. Once Archer grows, it would be reasonable to expect its price to exhibit negative correlation during market crashes. If so, $ARCH would become a great portfolio hedge and reduce risk.