CryptoG$

#XRP #ADA #DOT #LINK #ATOM #HBAR #BTC #ETH

[NFL Rumors @nflrums]

#Patriots AJ Brown with the TD against Christian Gonzalez

[CryptoG$ @MrGulati8]

@Evan_Hand It’s his son

[Federal Reserve @federalreserve]

Video message from Federal Reserve Chair Jerome H. Powell: https://t.co/5dfrkByGyX

[CryptoG$ @MrGulati8]

@JesseOlson I’m assuming with your notes - you believe we won’t see a retracement, thanks for your hard work!

[CryptoG$ @MrGulati8]

@Abitakk Thoughts?

[CryptoG$ @MrGulati8]

@ItsCryptoBruh What you thinking about $icp right now

[Blockchain Backer @BCBacker]

It's always impressive when the algos do it.

[CryptoG$ @MrGulati8]

@DrProfitCrypto I’m assuming you bought under $2, what do you think of these prices Coinbase wouldn’t let me buy

[CryptoG$ @MrGulati8]

@DrProfitCrypto You think we go a little lower first ?

[CryptoG$ @MrGulati8]

@Nebraskangooner It’s holding up well compared to others, think that says anything?

[CryptoG$ @MrGulati8]

@George1Trader Holding up pretty well during liquidation, thoughts?

[CryptoG$ @MrGulati8]

@Nebraskangooner Invalidated?

[Blockchain Backer @BCBacker]

I don't think I could imagine up these two events coming to a head at the same time.

Leaves a feeling of being on the cusp of a monumental moment in finance.

[CryptoG$ @MrGulati8]

@BCBacker We love you BCB, don’t let the BS x bullshit get to you at all, these ppl are losers and your an amazing content creator, father, and husband. Thank you for all you do, we love you!

[CryptoG$ @MrGulati8]

RT @BCBacker: Nice little pop there in crypto. Bitcoin above .702. Alts up. But macro not playing along yet, which leaves a little bit of b…

[Blockchain Backer @BCBacker]

Feels like it's going to be a weird day.

Bitcoin at .702.
Silver $0.05 from 1980 high.

[CryptoG$ @MrGulati8]

@BCBacker Members live stream please!!!!

[CryptoG$ @MrGulati8]

@BCBacker So does it mean dead cat bounce? I tried to see if someone answered that’s only thing I saw besides all the negative stupid comments. Dead cat bounce and we drop again? Is that what he means?

[Blockchain Backer @BCBacker]

As the market continues to struggle to see TOTAL2 and the Russell 2000 break out, I have decided to take a defensive play.

I am actively selling 1/3 of my entire crypto holdings until the market proves it can escape.

In today's video, I expressed how it's such a "make or break" moment where the market is. This is the escape zone, or the rejection zone. It's the all-time high battle. Where markets turn euphoric and exciting or horrifyingly ugly.

There are several bull cases, and several bear cases. But the market needs to prove itself from here.

As we have finally reached September, it has been a month I always intended to take some profits in. I talked about it for months leading up to it. I make a lot of charts, but I'm not a "day trader." September 19th was the date that 95% of my crypto holdings reached Long Term Capital Gains tax status. Which means I've held 95% of my crypto for over a year. It was a date I anxiously waited for, frequently thinking "can it get here any faster?" And, we just so happen to be at a major resistance point and inflection level at the same time, making it technically appropriate as well.

I rarely make trades, so this is a big deal for me. The last time I publicly did major sells was in March and April of 2024.

But, with the market waddling here, unable to decide yet. I am left with this overwhelming feeling that I'm gambling by doing nothing and hoping and wishing for it to breakout. I don't like that feeling. And it feels like the right decision is for me to de-risk some, and await for it to break out, and then re-asses entries into coins I'm passionate about. Rather than this laundry list of things I own. But to be able to enter more precisely into the ones I really want if the breakout comes.

You shouldn't rely on my choice of coins, as I just go based on data of user activity, social engagement, percentage drawdowns and developer activity.

But I don't mind sharing them with you. The coins that interest me in the event of a breakout into all-time highs are XRP, SUI, ETH, LINK, ADA, and SOL. No small cap gems that'll 100X. (Sorry) Just simple boomer stuff. And no promises they'll do anything.

I broadly went through my portfolio and reduced without favoring anything. Not as a restructuring for a bear, which of course could come, but just as a risk reduction in this environment of uncertainty while the market makes its decision. If we get the breakout in the Russell and TOTAL2, I have no problem flushing cash right back in to ride a breakout. It's merely 3% away for the Russell 2000 and 9% away for the altcoin market. But, I know this is the right decision for me with the level it is at, and the timing of where we are in September. Some coins I took major gains on. Some, I took losses. But in the end, my portfolio is near record highs after being in this market for 8+ years, and it feels appropriate.

Hopefully in a week from now I'm quote tweeting this and saying "blasted cash back in." But till then, it's a waiting game for the market to dish out its cards.

[SBF @SBF_FTX]

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