Roughly speaking, you want btc to stay above 28.3k for the next 4 days and close the weekly above it
Hit rate prob closer to 55-60% on these deviations now because MM’s will purposefully chop them… but a market staying above 28.3k for several days is organically bullish
It’s impressive that price action got back to 29k, but we’re getting hit with new price action in general now
Looks super bullish to me. Especially if we return to shallow pullbacks only.
I think you can 20x long for 5% of your bankroll cuz it’s such an awkward spot most won’t
Mar 27, 2023 • 4 tweets • 1 min read
if arb flies from here, retail gets rich
it hasn’t even nuked and broken everyone’s spirit yet
after it nukes and sentiment is venomous and bulls with $2+ targets have been liq’d or capitulated, it’s worth revisiting
till then wait for sub $1 or a close above $1.40 to go long
if ur long arb, ur targets are all astronomical
get ready to be chopped to shreds
when ur targets start being level-to-level 5-10% take profits and ur bored of this dogshit coin, contrarians betting on a turbo moon will print as shorters fuel the move and get blown out
Nov 12, 2022 • 13 tweets • 3 min read
FTX breaking every law ever and then doubling down and trying to steal client funds.
This is beyond greed. No one rational, once caught, would resort to this. Especially residing in the bahamas, which is akin to just handing yourself over.
It was irrational to begin with, now it’s overkill.
They tried to buy as many stadiums, sports teams, athletes, companies, real estate, etc as they could knowing they’d default while making themselves as public as possible and cozying up to DC.
Transparent attempt at max damage
Nov 11, 2022 • 6 tweets • 2 min read
time to get my mind off crypto the only way i know how
betting 11k on a team ive never heard of in a sport i dont even watch because *squints* someone on ct is very confident in it 👍
… and I just bet 95k on some nhl team ive never watched
plz dont lose me 6 figures for once ct
Jul 15, 2022 • 6 tweets • 2 min read
if u went broke:
- work out when u can (prob wont be often cuz ur depressed)
- netflix and alcohol will take ur mind off ur shitty situation (it is what it is)
- ur gonna have a lot of unproductive days (it can’t be helped)
- pick a crypto related passion and build or ur fked
- eating healthy? would be nice, but u won’t
- maintaining relationships? lmfao gl
just pick whatever interests u most and has profitable endgame
it’s not possible to keep ur mind off depressing shit, but if u have a goal to work towards it lets ur mind ponder a happier future
Jun 16, 2022 • 4 tweets • 1 min read
You literally will never make it without leverage. Man up and bet more.
this is for all the people who actually know what it’s like to be poor as shit and need to trade dust daily to make it because you drew a shit hand in life and weren’t meant to make it
leverage is the ultimate equalizer
if you were really fucking about it, you’d understand
Feb 22, 2022 • 5 tweets • 1 min read
there’s no bear market motivation when ur down
ur stressed bc u nuked ur net worth and u keep playing it over and over again in ur mind
cortisol moons, diet/fitness/relationships nuke
there’s only an unwavering belief that a bull cycle will come next halvening and u’ll make it
hold on to that feeling of hope.
when it rains, it pours - some days that tiny sliver of hope is all u’ll have left
just 1 high leverage trade, just 1 rare nft flip, just 1 small window with potent edge, just 1 fking degen home run play and you’re back
now u move with purpose
Jan 2, 2022 • 4 tweets • 1 min read
Money is made under macro risk-on conditions where everything trends up parabolically
Money is lost when these conditions cease and chop/distribution/squeeze ensue
Money is compounded by entering easy conditions, exiting hard conditions, and finding new easy conditions to enter
Top legacy traders know this inherently. And yet they missed the brunt of the crypto bull run and we lapped them.
For the same reason, you’ll give your profits back.
Human nature is to stick to what you know, and not to stray into risk. It only looks stupid in hindsight.
Dec 26, 2021 • 7 tweets • 2 min read
went down the facebook rabbit-hole of how people I knew from school and uni were doing… and I’ve never felt more detached from reality
i’ve forgotten what responsibilities & consequences feel like, a structured daily life feels foreign
looking back at the rat race is sobering
just weird seeing smart people i thought would be successful eating shit… good looking people aging poorly… wifed up people single with dead-end jobs… like everyone is staring at an hourglass and the sand is moving too fast for them
… and I just bet 95k on some nhl team ive never watched
