Crypto can be a rollercoaster, especially when you are new🎢
I'm here to share my opinion and what works for me. I'll use this tweet to link to informational threads and I hope it helps you to find out what works for you!
Check the threads below, enjoy!⬇️
One thing I use in trading all the time are bull and bear divs.
ETH/BTC with a weekly bull div + retest now. That usually confirms the bottom. Let's see if it does. If it does, it means we have many weeks of alt strength ahead.
$ETH $BTC #alts
A lot of 4h bull divs combined with 1D bull divs building across the board, bottom should be close 👀
If not, we better all apply at McDonald's
$alts #crypto
#crypto starting the year 2024 strong, but on the other hand I have never seen $BTC and $ETH funding rates this high... not even peak previous bull market. Careful with leverage I guess 👀
Potential weekly bull div building on $ETH/$BTC.
People starting to shit on ETH now are probably the same ones talking about 'the flippening' at 0.08 👀
I've been adding $RUNE in my long term bags again since we hit pre bull-market prices. Fundamentals didn't change, it's actually getting more important nowadays👀
It's been a month and $RUNE has been going through a correction. This looks like an interesting place to get back in. 1D at 55EMA support + 1D RSI is reset to levels last seen ~$1.50. 4h with a potential bull div. Should see a strong move up soon for this to be valid tho.
I've been selling some $RUNE here at $6.35. Been a nice ride of 650% and even if I'm sure it will trade much higher in the future, it is important to take profits and pay yourself. Even if from here it keeps pumping, there will always be new opportunities in #Crypto
Did use a part of my $USDT bag to buy spot $BTC in this dip. If we are really in a bullmarket prices will run back quickly. Now going to sleep, let's see what we wake up to tomorrow!
A mistake I made last bullrun is not take profits regularly, which resulted in giving back a lot of profits on pullbacks. This time I'll rebalance regularly when my portfolio reaches a specific amount I'm happy with. Put aside $USDT to buy any dips will give big opportunities.
Also opened small leverage positions on $INJ and $RUNE. I'm usually not trading leverage but I want to get used to it more and thus playing around a bit. Let's see how those play out.
A mistake I made last bullrun is not take profits regularly, which resulted in giving back a lot of profits on pullbacks. This time I'll rebalance regularly when my portfolio reaches a specific amount I'm happy with. Put aside $USDT to buy any dips will give big opportunities.
I've been de-risking most of my bags the last days. Might be wrong and that's okay. Happy with the profits taken on the last few weeks.
Plan is easy, above 38k + retest as support = buy back. Until then a $BTC pullback towards 32k would still be healthy.
$BTC broke 31k resistance and tapped 38k perfectly.
A pullback and retest of 32k would still be a bullish structure on the weekly.
Breaking 38k would open the range to 47k 👀
Where do you think #Bitcoin will go?
Price didn't pullback and that's okay. Every now and then when I'm in nice profits I rebalance my portfolio and make sure I put some profits aside. Now my portfolio only contains $BTC, $ETH and I have a portion of $USDT ready to buy any dips if they might happen.
@btc_charlie I do remember you shared it previous bullrun below $1. Ever since it's been on my radar and made me some nice profits multiple times, thanks a lot!
It's been 5y ago that I quit my job & started my dream of becoming a trader.
No experience but a clear dream; being able to make money wherever and whenever I want.
Thanks to #crypto, many hours and lessons I'm able to live this dream. Should I share what I've learned so far?
Today, the BEP-2 and ERC-20 $RUNE killswitch will be activated at block 6500000. Upgrades will no longer be 1:1. Exchange rates will linearly tick down to 1:0 over the next 12 months.
If you hold $RUNE in a self-custody wallet, ensure your wallet address begins with `thor1...`