your dad isn't mad you're still learning trading
he's confused how you've been "learning" for 18 months and still have no money
meanwhile he learned to be a plumber in 6 months and bought a house
here's why you're stuck:
every 3 weeks you switch strategies
week 1-3: learning ICT
week 4-6: learning Wyckoff
week 7-9: new S&D strategy
week 10-12: different approach
week 13-15: back to ICT
you're not learning trading
you're collecting trading strategies like fucking pokemon cards
and your dad can SEE you're not actually making progress
because strategy hopping is just fear wearing a disguise
here's what's actually happening:
you take 5 losses on your first strategy
"this doesn't work"
you find new guru teaching different approach
"this is the real answer"
you take 5 losses on new approach
"this doesn't work either"
you find another guru
cycle repeats
you're not switching because strategies don't work
you're switching because you're scared to admit the truth:
the strategy isn't the problem
YOU are the problem
your emotional control is broken
your psychology is broken
your risk management is broken
your discipline is broken
and switching strategies is easier than fixing yourself
harsh but true
here's the data that'll hurt:
98% of traders FAIL exactly because of that
the 2% that make it are not switching 50 strategies every month.
not because strategies are different
because mastery requires repetition
and you can't get repetition if you switch every 3 weeks
you know what your dad did?
he learned to fix ONE type of pipe
then he fixed that pipe 10,000 times
then he became an expert
then he got paid
he didn't try to learn:
- copper pipes
- PVC pipes
- cast iron pipes
- PEX pipes
- galvanized pipes
all in 6 months
he learned ONE
mastered it through repetition
got paid
THEN expanded
you're trying to learn 5 trading strategies simultaneously
and you're surprised you're not profitable?
here's what should happen:
month 1-3: pick ONE approach
month 4-6: trade that approach 300 times
month 7-9: refine based on YOUR psychological data
month 10-12: profit
instead you're doing:
month 1: strategy A
month 2: strategy B
month 3: strategy C
month 4: strategy D
month 5: back to strategy A
month 6-18: still not profitable
"trading is hard"
no mf
focusing is hard
the traders making $50k+/month?
they trade ONE approach
they've taken that approach 5,000+ times
they know every variation
they know how THEY react to every scenario
they're masters of ONE thing
you've taken 50 trades across 10 different strategies
you're a student of everything
master of nothing
and your dad can tell
he doesn't understand "trading nasdaq by looking at candlesticks"
but he understands you've been "learning" for 18 months with zero income
while he was making money after month 6 of plumbing school
the solution is painful:
delete every strategy except one
commit to that one approach for 90 days MINIMUM
take 100+ trades minimum
zero strategy changes allowed
zero "but this new guru said" allowed
become the master of ONE thing
not the student of everything
that's how you go from "still learning" to "making money"
and that's how you get the nod from your dad
not because he understands trading
but because he understands RESULTS
results come from mastery
mastery comes from repetition
repetition requires focus
focus requires not being a strategy-hopping pussy
pick one
master it through repetition
understand YOUR psychology with it
get paid
then you can expand
Progress compounds like money compounds.
Little by little more and more.
Before you know it your back, bigger and better than ever.
Financially
Physically
Spiritually
Just keep doing a little more each day.
I can see all of Fintwit back to hurling insults at each other again, so I figured I’d share my view and try to be a voice of reason, even if I end up being wrong.
It’s my job to stick my neck out. I’ve been doing it for years, and I’m still here.
For what it’s worth, I think Bitcoin is forming another broadening wedge pattern, which is typically a bullish setup (chart 1).
We’ve seen plenty of these in the past, and right now we’re testing the lower boundary of support.
Another thing to note is that this bull market is officially 2 standard deviations oversold on the log regression channel (chart 2).
Unless the bull market is over, which is not our view, these levels are about as good an opportunity as you’re going to get to add to this market.
Also worth pointing out, Bitcoin’s Bollinger Bands have only been this tight three other times in its entire history (chart 3)…
What does that mean?
We’re in a mega low-vol environment…
Right now, the bands are as tight as they were in September 2023, just before a 200% rally.
That move lasted from September through March 2024, with a 20% correction in January before prices rallied another 90%.
The next chart shows the last three times Bitcoin’s Bollinger Bandwidth was less than or equal to 22, along with the forward twelve-month returns (chart 4).
The sample size is small, but the results have been extremely positive…
It’s the classic beach-ball-underwater dynamic. The harder you push it down, the more explosive the move when it finally breaks free.
All in all, we need to do better when times are tough. It’s not just your hopes and dreams caught up in this trade, it’s ours too. Fintwit can be powerful when you follow the right people who are genuinely trying to help. We’re not gurus, but we’ve been doing this a long time, built comprehensive frameworks, and we’re doing our best to share what we’ve learned.
At the same time, there’s a ton of poison and hate out there. Avoid it. When times get rough, we should rally around each other and stay focused on the big picture.
This is a 70-vol asset. If you can’t handle that level of volatility, this asset class might not be for you. If you don’t believe in crypto and the life-changing tech it brings, it’s hard to stomach the swings.
The only way to survive this kind of volatility is to extend your time horizon. When you think in days or weeks, every move feels like life or death. When you think in months or years, it all fades into noise.
Once you stop fighting volatility and start embracing it as a feature of this space, everything changes. Volatility turns into opportunity. It’s a gift that lets you add to your conviction.
Our view remains that Q4, once the dust settles, will be bullish, and we’ve done a ton of work to support that view.
That’s the best I can leave you with on days like this.
Good luck out there…
The wait is over!
Introducing... 🥁
Bitcoin Quantile Model v2.
You’re going to want to bookmark this post—and follow for regular model updates.
After months of research and development, I’m very proud of this model—my flagship quantile framework.
I’m confident it’s one of the best—if not the best—long-term Bitcoin investment frameworks available.
As a full-time, unpaid Bitcoin researcher, I’m often asked how people can best support my free content.
Simply bookmark, repost, and comment on my posts :)
Thanks for all your continued support!
— PlanC
Key Features & Improvements:
1. Quantile lines never cross—mathematically impossible.
2. Cycle-length agnostic.
3. 133,000+ data points and 1,500 lines of code.
4. Fits and stores 999 quantile levels (τ = 0.001–0.999 in 0.001 steps) and identifies which level the last price is closest to.
5. Fits the two leading decay functions (stretched exponential decay & exponential decay) and selects the better fit via quantile-appropriate AIC.
Uses Akaike weights to identify the best-supported model.
Akaike weights (AIC-based):
Stretched exponential decay: 96.4%
Exponential decay: 3.6%
6. Piecewise Quantile Regression — Linear + Stretched Exponential Decay (Nonlinear).
#Bitcoin BULL MARKET is not done yet.
▪️Bull market starts when #BTC reclaims its 50 SMA.
▪️Bear market starts when #BTC loses it.
A weekly candle close with confirmation is key here.
12 years ago, I thought trading was about being right.
I obsessed over perfect entries.
I chased wins and feared losses.
Every red candle felt personal.
Then I found Mark Douglas – Trading in the Zone, and it rewired my mind:
Trading isn’t about being right or wrong — it’s about managing risk and following probabilities.
Every trade is independent. Yesterday’s loss doesn’t control today’s outcome.
Self-confidence is your foundation. Without it, you’ll always second-guess your edge.
Fear and greed are illusions. They cloud your judgment and keep you from executing your plan.
Your belief system shapes your trading. The market doesn’t test your strategy — it tests your mindset.
Once I stopped chasing certainty and started trusting the process, everything changed.
I no longer trade for validation — I trade for consistency.
Twelve years later, I finally understand:
The real battle isn’t on the chart.
It’s in your mind.
Price of $BTC in $ETH Over The Years
2015 – 333 ETH
2016 – 59 ETH
2017 – 18 ETH
2018 – 17 ETH
2019 – 38 ETH
2020 – 37 ETH
2021 – 17 ETH
2022 – 14 ETH
2023 – 16 ETH
2024 – 21 ETH
2025 – 37 ETH
nobody cares about your potential. potential is worthless. everyone has potential. what separates the greats from the wannabes is reality. finished work. shipped products. written pages. solved problems. stop talking about what you could do and go create proof of what you did.
I can't stop thinking about this...
Michael Caine on his defining philosophy on life:
Use the Difficulty
As a young actor, he was rehearsing a play scene when a chair got stuck in the door and blocked his path.
He told the other actor he couldn't get by the chair to enter the room in the scene.
The actor's response:
"Use the difficulty...if it's a comedy, fall over it, if it's a drama, pick it up and smash it."
This story offers a powerful reframe:
Every single difficulty you face is an opportunity in disguise.
The difficulty is a guarantee. The struggle. The obstacle. The frustration. The failure. The hurt. The setback.
They will come. You don’t get to choose whether they appear, or when, but you do get to choose how you handle them.
How can you use the difficulty you're currently facing?
- Can you embrace this struggle?
- Can you grow through it?
- Can you find flow through friction?
If you were reading a biography of your life, what would make this difficulty into an inflection point?
The moment when everything turned for the better. The unmistakable point where everything changed.
How would you have responded to this moment?
The difficulty is a guarantee. You can't control it.
But you can control how you react to it. You can control your response to it. You can control your attitude towards it.
You can use the difficulty.