Michael Dempsey (@cryptorgr) 's Twitter Profile
Michael Dempsey

@cryptorgr

Dreaming about the future, romanticizing the past | GP @ compoundvc investing in former science projects & crypto with a thesis-driven approach at seed & growth

ID: 102740670

calendar_today07-01-2010 17:36:17

235 Tweet

566 Followers

1,1K Following

Michael Dempsey (@cryptorgr) 's Twitter Profile Photo

$ETH After tapping the sub $4k multiple times, ETH price has continued to have a positive reaction here Price has been stronger than Bitcoin so will continue to see BTC's reaction going into the weekend for another possible short term uptrend Chart via Phemex.trade

$ETH

After tapping the sub $4k multiple times, ETH price has continued to have a positive reaction here

Price has been stronger than Bitcoin so will continue to see BTC's reaction going into the weekend for another possible short term uptrend

Chart via Phemex.trade
Michael Dempsey (@cryptorgr) 's Twitter Profile Photo

Sentiment is just one of many indicators Being bullish just because "majority is bearish" doesn't always work out The same with being bearish when "majority is bullish" Trends can last months as you get burned while trading against the trend Just keep that in mind

Michael Dempsey (@cryptorgr) 's Twitter Profile Photo

You all enjoy getting chopped up yet again this weekend? Try to take time away from the screens on weekends unless you're a scalp trader

Michael Dempsey (@cryptorgr) 's Twitter Profile Photo

Dear Santa, All I want for Christmas this year is a capitulation candle so that we can finally reverse this market downtrend.

Michael Dempsey (@cryptorgr) 's Twitter Profile Photo

Downtrends don't last forever Remember April to July? Seems like such a long time ago but the downtrend lasted over 3 months $BTC is roughly 40 days out from the recent top This could last weeks longer but will be forgotten after a multi-week uptrend Be prepared for that time

Downtrends don't last forever

Remember April to July? Seems like such a long time ago but the downtrend lasted over 3 months

$BTC is roughly 40 days out from the recent top

This could last weeks longer but will be forgotten after a multi-week uptrend

Be prepared for that time
Michael Dempsey (@cryptorgr) 's Twitter Profile Photo

As mentioned before Downtrends don't last forever, especially in crypto As brutal as they can be with 90%+ pullbacks, the majority of #Bitcoin  history, at least, has been ranging w/ uptrends A balanced perspective is key Don't be doom-&-gloom or totally euphoric

As mentioned before

Downtrends don't last forever, especially in crypto

As brutal as they can be with 90%+ pullbacks, the majority of #Bitcoin   history, at least, has been ranging w/ uptrends

A balanced perspective is key

Don't be doom-&-gloom or totally euphoric
Michael Dempsey (@cryptorgr) 's Twitter Profile Photo

If you got burned on tokens/projects that aren't going back up Make sure to harvest those losses in the next couple weeks From my knowledge you can sell to a friend for near nothing (no relatives) they can then send to a burn address

Michael Dempsey (@cryptorgr) 's Twitter Profile Photo

Majority of small businesses fail and people are shocked when many crypto projects are no longer building after a year or two Choose your investments wisely