Here's my crypto trading starter pack. A base toolkit for getting started in the crypto trading world

Thread time -->
#btc $btc #eth $eth
Best source for timely info is Crypto Twitter and Telegram groups. CCNews24 Telegram group has a good steam of news coming through

CCNews24
🌐Cryptocurrency News 24
t.me/ccnews24
@cryptounfolded's Telegram group is top notch for crypto news and metrics
t.me/unfolded
CoinDesk.com is a good crypto news website
@blockfolio is the most popular crypto portfolio tracker app blockfolio.com
The best crypto person to follow is @woonomic. His analysis is always A+
Past $BTC monthly and quarterly returns. Shows the historic pattern of this asset class and gives a hint of what the future holds in terms of price action
Another great person to follow is @krugermacro. For example:
Best current model for $BTC's price action is
@100trillionUSD's stock to flow cross asset model (S2Fx). It projects a base of $200K USD per #BTC by end of 2021. With market greed, market top is projected to be higher than that

digitalik.net/btc/s2fx
There are lots of signals to determine the current stage of the bull/bear market cycle. Check this thread out for an example
#Bitcoin, with #crypto in general, is a technology employed worldwide with most mining activity occurring in China due to the cheap electricity. Geopolitics can have a major impact on the industry, although truly banning $BTC and $ETH is almost impossible at this point

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Erik Paluka

Erik Paluka Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @ErikPaluka

7 Apr
Seeing a big pullback in the crypto market today. I wouldn't be worried. Current market analysis shows that we aren't close to the market top.

Thread time ---> (1/n)
#btc $btc
When BTC inflow to exchanges is high, then that's a signal that it's the market top. a.k.a. everyone is selling their btc. As seen in the charts, everyone is still mostly holding their $BTC while the total # of #BTC on exchanges continues to drop (2/n)
Red means $BTC was mostly sent to wallets that have a history of long term holding. Green is paper hands (3/n)
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!