Fun change I've went through in the past 6 months or so as my portfolio grew bigger:

I used to care more about missing out on gains than losing money itself. The opposite is now true.

I rather protect my capital and miss out on potential gains than take unecessary risks.
Of course you will still see me ape into small caps and go big on $alts etc.

The difference being that I pick the risks I take more carefully. I also focus on hedging my spot holding a lot more when I think there is a high probability of potential downside.
This change in mindset probably has to do with the fact that with a relatively smaller portfolio I was ready to take bigger risks to try and make the maximum amount of gains I could, within the current cycle.
When my portfolio grew bigger I started play it more conservative to make sure I wouldn't give it back just as fast as I made it in the first place.

Bear market PTSD definitely plays a big role in this but I'm very happy to have gone through this experience and learned from it.
Of course this is a personal preference and a different mindset everyone has.

I just found it interesting to see this change happening to myself as time went on.

Have a good day 🔥

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More from @DaanCrypto

13 May
$BTC 2017 vs 2021.

In 2017 we've had a similar ranging formation and tap of the yearly VWAP before never touching it again that year.

Please read the following tweets including disclaimer :)
2017 Scenario:
2021 Scenario:

Difference here being that at number 5 we made a higher high and number 6 we made a lower low. Both of these didn't happen in the 2017 scenario.
Read 4 tweets
10 May
I feel like $BTC will trade at $70K+ in May.

Don't ask me for my exact reasoning. It's a bit of a mix between seeing the PA, some indicators and a gut feeling.
Of course it should be obvious this is no signal to all in long or go out of your regular trading risk management.

Just a though by me I wanted to share.
For everyone asking about how this would affect $alts:

$BTC and alts can move together but if BTC starts pumping out some big numbers each day, expect alts to go more risk-off and more money to flow into BTC.

ALT/BTC pairs may suffer a bit but USDT pairs should still be good.
Read 4 tweets
6 May
Why I'm Bullish on $PSWAP @polkaswap

Polkaswap is a new DEX built on the Sora network, based on Polkadot and Kusama relay chains.

Past week I've accumulated myself a bag of $PSWAP with the intention to hold this for the mid/long term.
🔹Valuation

$PSWAP currently has approximately a 600M circulating supply.

The current price is $0.45 which puts the market cap at ~270M.
Compare this to the three main DEXs we know:

$UNI $22B
$CAKE $6B
$SUSHI $2.6B

And you can see how the current $PSWAP valuation is still very small.

Even if it would just take a small portion of those DEXs, a 1B+ market cap wouldn't be far fetched at all.
Read 12 tweets
19 Apr
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.
Read 9 tweets
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 7 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

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