Crypto Why Bother (@cryptowhybother) 's Twitter Profile
Crypto Why Bother

@cryptowhybother

Passionate about Investing, Crypto and AI || Contrarian with conviction || Crypto is inevitable || No one has to change - survival is optional

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calendar_today27-06-2022 07:59:24

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💯 agreed! Now is not the time to buy Bitcoin. Now is the time to buy Altcoins. With a much better Risk-Reward-Ratio than BTC.

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Essential Profit Taking 101 - 💯 I know you can use the green button. Practice using the red button. Sell a small percentage (e.g. 1%) of 1 position NOW. Sell more the next time EUPHORIA hits you. Yes, selling IS painful. A necessary evil to acquire financial freedom, though.

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When in doubt, zoom out: TOTAL Crypto market cap Feb 11, 2021: $1.4T Nov 2021, peak bull market: $3T During last cycle, the "real" fun only just started 🚀

When in doubt, zoom out:

TOTAL Crypto market cap

Feb 11, 2021: $1.4T
Nov 2021, peak bull market: $3T

During last cycle, the "real" fun only just started 🚀
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Contrarian opinion: Gold has had its run Gold fund flows: 2020: skyrocketing (uncertainty, end of the world) 2021-23: correction 2024: boring 2025: music is gonna stop sooner or later, IMO

Contrarian opinion: Gold has had its run

Gold fund flows:

2020: skyrocketing (uncertainty, end of the world)
2021-23: correction
2024: boring
2025: music is gonna stop sooner or later, IMO
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Hopium time on market making / “manipulation” 👀 Look at the liquidation map: downside has almost nothing left to grab. The red area = cumulative long liquidations ≈ only $2B. So below the current price there aren’t many overleveraged longs left to hunt. But the green area =

Hopium time on market making / “manipulation” 👀
Look at the liquidation map: downside has almost nothing left to grab.

The red area = cumulative long liquidations ≈ only $2B.
So below the current price there aren’t many overleveraged longs left to hunt.

But the green area =