CryptoMatheos

Crypto 2017 class - my own trading journal - nothing is financial advice

[CryptoMatheos @CryptoMatheos]

I just closed whole clarity act short!

Best trade in last 10 months.

Had 30+ altcoin short positions running for over a month, Bitcoin corrected 20%, BTC.D is up another few % since.

I was vocal about all the FUD you hear today, when Bitcoin was trading in 80k region and alts were even outperforming. Took the trade when literally no one was bearish.

Closing here where all the top bulls are mega FUDing strc, while ponzi system still the same as a month ago.
Shorts are blasting heavily today on depeg facts anyone can see.

strc may still collaps in coming days, but I don’t see good enough R/R here, especially on risk side
for continuing running shorts opened at perfect moment.

Thank you for no one believing in my trade.

We had $1b in liquidations a day for 3 weeks streight, where memelines gurus were biding every possible line in existance.

1 month long trade is a actually very short term play.
But I was kicked out of the group full of “pros”, bc of my silence, where there is nothing to say when your thesis is just playing out.
Keep trading super micro TFs, changing your minds every day.

All these groups and ct in general is only good for checking sentiment, as 95%+ of people are skewed to one side all the time.

Anyway, reflecting my trade, I gave some profits away by not closing any positions into strong 60k double bottom support.
But still waited for solid deep to closed it.

Will reevaluate later on, but I’m still in
looking for shorts mindset.
If situation will be presented.

[CryptoMatheos @CryptoMatheos]

Still running alts shorts from clarity act day.
Some in/out and add-ons since.

Gave more than half profits back to bulls from highest pnl point.

gl

[CryptoMatheos @CryptoMatheos]

@SalsaTekila @whalecalls Respect to last honest guys on the app 🫡

[CryptoMatheos @CryptoMatheos]

Since the start of World cup,
I have seen many bets on my timeline.

All of them were based on emotions,
none on value.

Sportsbetting in such an environment can be very profitable for unbiased players.

[CryptoMatheos @CryptoMatheos]

It’s very telling that my most engaging post ever is reply to a video where a fan fighter can’t find opponent in hundreds of other team (pussy) supporters.

I used to be ultra supporter of my club and attend most of my national team football matches in fan (cage) sector with special treatment by cops.

Most of my youth I was outside, on the streets, in bars, clubs and halls, stadiums.

Was involved in many fights, lost majority of it, bc I always fight to stand for something, never gave a fuck about the size of opponent.

I have nothing in common with this pussyfagshit generation,
most of ct falls in this category, no matter their age.
There is no respect for honest traders, make a living out of it, without using their followers for exit liquidity with all kind of deceiving technics.

I’ll continue my way,
facing reality and telling it straight away
is part of it.

[CryptoMatheos @CryptoMatheos]

@Jacobtheclipper One against hundreds!
What a fucking pussies New Yorkers are!!!

That would never happen in Europe after any football game!

Fucking larps

[CryptoMatheos @CryptoMatheos]

Still running alts shorts from clarity act day.
Some in/out and add-ons since.

Gave more than half profits back to bulls from highest pnl point.

gl

[CryptoMatheos @CryptoMatheos]

Blasting shorts on alts through the day

[CryptoMatheos @CryptoMatheos]

@AlgodTrading Go playing video games and watch porn on breaks, cringe geek

[CryptoMatheos @CryptoMatheos]

@Jacobtheclipper One against hundreds!
What a fucking pussies New Yorkers are!!!

That would never happen in Europe after any football game!

Fucking larps

[CryptoMatheos @CryptoMatheos]

@LeylaKuni Regardless of us sharing same opinion this is stupid af,
that money isn’t coming back to Bitcoin

[CryptoMatheos @CryptoMatheos]

@Tradermayne You care zero about a game if you record moments like this.
Only to flex you were there.

[CryptoMatheos @CryptoMatheos]

Traders lost patience.

Trading HTFs is contrarian in this fast attention world.

Even Buffett is mocked hard by being too heavy in cash&bonds “too early”.

Thesis needs time to play out, LTFs are just noise for any serious and successful investor &trader.

[CryptoMatheos @CryptoMatheos]

@DonAlt Similar happening to me.

“FDV is a meme” state of market
as valuation doesn’t bother anyone after decade of up only.

[CryptoMatheos @CryptoMatheos]

@StaniKulechov Aave holders waiting for excellency to switch buybacks on from his mansion.

[CryptoMatheos @CryptoMatheos]

@krugermacro Mocking Buffett was never a great idea.
He’s investing/trading on much bigger tf vs nowadays traders.
He got out when liquidity was there for him.

But hey, this might truly be new paradigm this time around

[CryptoMatheos @CryptoMatheos]

Vertical lines more important than horizontal ones.

[CryptoMatheos @CryptoMatheos]

@WazzCrypto Ratio between extraction vs value to tokens holders went extremely high in crypto space, to ponzi scheme levels.

Bitcoin to enter that game with strc, was just natural developement of things in space.
Sadly indeed, but we just have to face and accept reality.

[CryptoMatheos @CryptoMatheos]

Capitulation from those, buying these coins, are yet to happen.

[CryptoMatheos @CryptoMatheos]

OGs selling BTC to institutions/tradfi
was predicted years in advance

@GCRClassic

[CryptoMatheos @CryptoMatheos]

BitMine is still buying $ETH

What happens if they stop?

What happens if they start selling?

[Watcher.Guru @WatcherGuru]

JUST IN: Tom Lee's 'BitMine' buys 126,971 $ETH worth $213 million.

[CryptoMatheos @CryptoMatheos]

My point at Saylor’s latest saga,
whatever anyone’s opinion is,
people are way way too emotionally enagaged,
this to be anything close to bottom area psychologically.

Technically nothing even happened…yet.

[Strategy @Strategy]

Strategy has acquired 1,550 BTC for $101 million to increase our $BTC Reserve to ₿845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. $MSTR $STRC
https://t.co/94TmyRWVrs

[CryptoMatheos @CryptoMatheos]

But on higher TF, open interest is still at Dec/Jan levels, where BTC was trading at 90k.
Traders positioning is indeed more balanced than in bull run (pre 10/10),
but FFs/OI ratio is still skewed to longs dominating.