Excited to announce that I got a partnership with PrimeXBT.📈

They hooked me up with a nice promo deal for you guys. So if you're interested, keep reading.

u.primexbt.com/DaanCrypto Image
Whenever you sign up under my account and use the promo code: "DaanCrypto", you get 50% Bonus BTC up to 0.5 BTC.

Do this BEFORE depositing or using any of the standard bonuses.

You can do so by logging in and going to Margin > Account > Promo Code.

u.primexbt.com/DaanCrypto Image
Example:

1. You deposit 1 BTC and get 0.5 BTC bonus.
2. You first trade with the 1 BTC as usual.
3. If you were to lose your 1 BTC for some reason you'd move on to the 0.5 Bonus BTC.
4. ANY profits made with the 0.5 Bonus BTC are fully withdrawable. The 0.5 BTC itself isn't.
Your own deposited money is withdrawable at any time as long as you still have it of course.

Withdrawing does mean the bonus gets removed so keep that in mind.
A good use for this promotion, in my opinion, would be when using it for hedging.

Let's say, you always lose money hedging your spot holdings as some sort of "insurance fund".

In this case you'd have 50% more funds to use for this hedging instead of using your own capital.
PrimeXBT is a trusted player in the space and with billions in volume every week, the liquidity and spreads are good. As are the fees.

Besides the ability for margin trading there is also Covesting and their new Turbo feature. Image
You are allowed to register a new account under my link to get the promotion. I've personally asked this to the PrimeXBT team and they said this was fine to do.
Disclaimer: Leveraged trading is something that can offer both big upside as dowside. The risk can be a lot higher, so ALWAYS use proper risk management.

Please refer to my thread here and play it safe.
So far my interaction with the team has been pleasant and they have communicated very well.

All in all it's a great collaboration which I am very happy about.

For any questions, feel free to ask!

u.primexbt.com/DaanCrypto

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More from @DaanCrypto

15 Apr
📚 Quick Trading Tips To Instantly Improve Your Game

This will be an indefinite series where I post quick tips on trading related subjects.

These tweets will consist of a quick explanation and chart whenever necessary.

Questions? Feel free to ask under the related tweet.
📚 Quick Tip - 1

One of the easiest ways to determine targets, while in price discovery, is using Fibonacci extensions.

The chart below is a prime example of how you could use such extensions.

We can clearly see that the 1.272 level offered some resistance on BTC in this case. Image
📚 Quick Tip - 2

To know what position size you should be taking, try using the Long/Short Position tools on Tradingview.

Set your account size and risk percentage.
Then determine your entry, stop and target.

The tool will show you your R:R and recommended position size. Long and Short position too...Example of the use of the l...
Read 4 tweets
11 Apr
$BTC Kumo Twist Cycle Comparison (Ichimoku Cloud).

In Bitcoin's history, whenever a green Kumo twist has occurred (red to green), price has went on a big run.

This is a comparison between the 2013, 2017 and 2021 cycles.

Bonus Alpha at the end 📚
🔹Disclaimer

This is just a comparison between the three cycles.

I thought it would be interesting to see how previous results would translate into the current state of the market.
Do not use this as a way to determine your targets or entries. It's just one indicator with a low sample size. Always use other things and your own common sense as confluence. 👍

Let's move on!
Read 11 tweets
27 Mar
Take Profit Plan Thread 💰

Going to share something I think is quite imporant which is profit taking into fiat. Yes fiat.

"Daan you must be crazy we're going to $1M!".
Maybe we are, maybe we aren't.

I know one thing and that is that I will be locking in profits this time.
Even if taking profit means that I am "missing out" on gains which I could have gotten if I kept on holding everything.

I've personally took quite a bit of profit already during this cycle and will continue to do so.
Taking profits secures a stack to work with and start investing into other sectors or buy back into Crypto during a bear market, at whatever time that may be.
Read 13 tweets
22 Mar
Today, I bought a bag of $SPDR and in addition to that, I will be helping the team with their marketing efforts.

What is SpiderDAO? Thread below 👇
🔹The Concept

SpiderDAO proposes a set of tools to bring online privacy to the end user (VPN).

SpiderDAO is unique compared to other DAO's, because it bundles together hardware and software tools with on-chain elements, providing a “whale-resistant” governance solution. 🐳
🔹The Team

The @SpiderDAO team is fully KYC'd which is always a big plus for me.

Besides that, they got a solid list of Partners and Supporters mentioned on their website.
Read 7 tweets
1 Mar
1) Observation over the past 48 hours:

Yesterday, sentiment was at rock bottom. Any chart I posted showing hopium did very well in terms of engagement/likes etc. But i also got a ton of hate and just general toxic behaviour saying we topped out etc.
2) Today, the same updated hopium charts I posted yesterday, that ended up being true, have way lower engagement. This makes me think that people wanted the hopium yesterday but were too afraid to actually buy the dip and just sat it out didn't end up buying the dip.
3) I think there are A LOT of people left behind. $42K also never got there. I already mentioned a few days back in my group that levels like these usually get front-ran or just dump through hard. The first one being the most likely option in a bull market.
Read 7 tweets
28 Feb
My thoughts on $BTC right now (thread).

🔹Swept the lows again but bounced from the daily 200MA (purple).
🔹Bitmex and Binance Futures took out the low from the 10th of February.
🔹Dumps are getting weaker with every low.
Losing the 200MA means $42K is next, seeing that's the next big weekly level. But this is also a level that everyone seems to be watching. Usually these levels either get front-ran or get nuked through.

The start of the Tesla pump marks the last substantial low from here on out.
This makes me think that:

1. We have to hold this level seeing there isn't much holding it up from here on out until we close the Tesla pump inefficiency.

But also...
Read 5 tweets

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