Duo Nine | YCC Profile picture
Oct 22 β€’ 13 tweets β€’ 8 min read
Here's my guide if you want to make it in crypto. πŸ‘‡

Below are my top 10 tools & resources you must use to stay ahead of the curve.

You asked and I deliver. A thread. 🧡

Let's go!
1⃣ Crypto Twitter

Use Twitter as your gateway to find alpha and stay on top of the market.

This means you only follow crypto accounts - nothing else.

Stay focused. Remove the noise.

Start with my curated list of handles below:

2️⃣ Crypto Exchanges

Only use the best, and never compromise.

Right now, that is @binance - avoid the rest.

Binance has the best fees & market liquidity.

Don't have an account? What is wrong with you...

Here's my referral for a $100 voucher: binance.com/en/activity/re…
3️⃣ TradingView

Stop using #CryptoMarketCap and go PRO, it's free!

πŸ”ΉStep 1: Open an account with TradingView (it's free): tradingview.com/gopro/?share_y…

πŸ”ΉStep 2: Build your watchlist, link to mine (it's free): tradingview.com/watchlists/444…
4️⃣ Crypto Communities

The best alpha is not public, it's on Discord or Telegram servers.

Make sure you join the RIGHT communities to stay updated.

Join my 3,000-strong crypto community: discord.com/invite/JrRv8jK…

Never join pump & dump groups. They are made to scam you.
5️⃣ Hardware Wallets

Never compromise your security. Invest in a cold storage solution, now!

One #Ledger Nano S costs $79. That is a cheap price to pay to store #BTC securely.

Remember. Not your keys, not your coins.

This way you become your own bank!
6️⃣ Bitcoin

Your main objective in crypto is to accumulate #Bitcoin!

#BTC is your retirement, wealth protection & financial security stored on your personal bank, aka Ledger (see #5).

If you buy Altcoins / NFTs / Memes, you are compromising by holding an inferior product.
7️⃣ Whitepapers

Always read the whitepapers of various coins. #BTC whitepaper is only 9 pages long.

#Bitcoin is unique because it revolutionized money.

It is the first time anyone can transact without a trusted third party, globally.

Most altcoins are none of the above (pic).
8️⃣ The future is Decentralized

Understand that #DeFI or Decentralized Finance is the future. Not your fiat bank.

Do not be lazy and start using DeFI platforms.

Use your ledger and connect to #Uniswap or #GMX to trade. Test it out.

Over time, stop using third parties!
9️⃣ Become a Sovereign Individual

#Bitcoin is very much part of that.

This means your #BTC / money (over which you have full control) will be spent in places that offer the best value for you.

Your wealth is protected from abuse (e.g. inflation).

Now start reading (pic).
πŸ”Ÿ Trading Tips 1/2

Do you want to start trading?

Then put aside two years of your time and prepare mentally to lose money.

Peter has some good tips after 30 years of trading (also see #2 to #4):

πŸ”Ÿ Trading Tips 2/2

Follow me on YouTube & TradingView (see #3 + my handle is DU09).

This will guide you and allow you to learn, fast.

Practice makes perfect + focus on risk management first (previous tweet).

Start small & build. Lastly πŸ‘‡

youtube.com/c/YourCryptoCo…
If you liked this thread, #retweet the first post to get more of this content in the future!

Stay in touch + follow @DU09BTC:

βœ… Twitter (best of)
βœ… Discord
βœ… YouTube
βœ… TradingView
βœ… Newsletter
βœ… Patrons

My best content is one click away. πŸ‘‡

linktr.ee/duonine

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More from @DU09BTC

Oct 11
1/ Here are some pearls of wisdom from @PeterLBrandt after 30 years of trading.

I read his book so you don't have to.

If you plan to trade or invest in crypto, this is a must-read. A thread. 🧡

Let's go! πŸ‘‡ Image
2/ βœ… On Novice Traders:

πŸ”Ή Many novice commodity traders assume each trade will be a winner

πŸ”Ή Professional traders manage their trading to assume that each trade may be a loser
3/ βœ… On Risk Management:

πŸ”Ή Good traders view themselves first & foremost as risk managers

πŸ”Ή There is an old adage that 'it is easy to make money in the commodity markets, but just try to keep it'

πŸ”Ή Successful trading operations are dictated primarily by how risk is managed
Read 30 tweets
Sep 18
1/ ⚠ DO NOT HOLD #GLP TOKENS! You are at RISK to lose all your money on #GMX!

Price manipulation allows a skillful trader to siphon all the liquidity from GMX due to no price impact.

🚨 Someone just made $1 mil manipulating #AVAX price on GMX using this attack vector

How? πŸ‘‡
2/ GMX exchange has a fixed price for assets fed by an oracle.

If you long or short any size on GMX, there is no price impact!

So the trader takes both a long & a short on GMX and then manipulates the price on CEX like Binance/Coinbase.

Once done, he pockets the profits. πŸ‘‡
3/ Those profits are the liquidity provided by #GLP holders.

You provide ETH, BTC + stablecoins to GMX dex in exchange for GLP tokens.

If traders make profit, the liquidity providers lose. If traders exploit this vulnerability, the GLP holders may lose all their money!

More πŸ‘‡
Read 5 tweets
Sep 4
1/ This is the most important thread you will read in this bear market. #BTC #XAU #USD #EUR

Are you prepared to preserve & protect your wealth?

This is critical in the next ~12 months.

Ready? Let's dive in. πŸ‘‡
2/ Here's the macro picture.

Winter is coming, really!

With Russia cutting all gas to Europe, survival mode is about to kick off.

Hard decisions will need to be taken. πŸ‘‡
3/ Many Europeans will have to choose between food, electricity or heating. This winter!

Which one would you choose?

If you think this will be limited to Europe, I have a surprise for you. πŸ‘‡
Read 14 tweets
Aug 17
1/ #Kujira is the true successor to all that was good about the #Terra / #Luna / #UST ecosystem.

Forget Terra 2.0, look into Kujira. A thread. 🧡

@TeamKujira rebounded after the Terra collapse with its own chain, exchange, stablecoin & liquidation engine.

All in two months! πŸ‘‡
2/ The team started with a liquidation engine on top of Anchor, but after Terra collapsed, they shifted gears.

They deployed their own chain on Cosmos and started building. FAST.

Now, Kujira is about to make its latest move. πŸ‘‡

3/ I present you their Cosmos native stablecoin: #USK.

This is the missing piece to bring the #Kuji ecosystem together.

The best part? All fees on Kujira network will go to Kuji stakers (see #13).

What about risks/competitors? πŸ‘‡
Read 16 tweets
Aug 6
1/ Here are my 20 tips for success after 8 years of crypto and living in 7 countries. πŸ‘‡

Tip #18 explains why I posted this.

Ready? Let's go. A thread. 🧡
1️⃣ There is no better buy than #Bitcoin.

Plan to accumulate #BTC so that later you use it as collateral for cash loans.

BTC can become your unlimited credit card as it doubles in price every two years. Never sell it!

Next πŸ‘‡
2️⃣ Taking profit is essential in a bull market.

I suggest you take profit in cash, gold or even BTC (if you sell alts).

Then use that to buy more in the following bear market.

Plan around cycles of 3-4 years (BTC halvings).

Next πŸ‘‡
Read 22 tweets
Jun 23
1/ I learned an important lesson in this cycle.

Saylor & Su Zhu have demonstrated that being a whale is irrelevant. They made the same rookie mistakes as a newcomer to crypto.

Sounds like me in 2014, just that they lost billions.

Was there no one to advise them?

A thread 🧡 Image
2/ During this bull run, Saylor explained that #Bitcoin cannot correct more than ~50% from the all-time high because "institutions are here".

I was skeptical because history proved otherwise.

So far, #BTC has corrected over 70% & may go lower!

Next πŸ‘‡

3/ Su Zhu, the boss of 3AC hedge fund, lost $2 bil & may go to prison. He FOMOed into the Terra scam & believed #BTC can't fall under $24k

It was obvious that Terra was bound to fail & BTC could crash to $20k in a bear market.

How did they miss this? πŸ‘‡

Image
Read 16 tweets

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