Been pretty busy lately cause i tested a new trading mode for myself: scalped $BTC on a 1 minute timeframe on @Lighter_xyz . I can tell you right away that it was the best experience of interacting with a crypto exchange ever: no kyc, exchange doesn`t control your assets, 0 fees
Stock trading experience vs. Crypto trading experience:
- I bought the 1H 200MAs breakout on $GOOGL; my target is infinity. my position was never underwater and price continues to move vertically into new ATHs
- I bought the 12H 200MAs reclaim on $BTC; my target is 90k. price spent 2 weeks trading around my entry and is only halfway to my TP
Sad reality.
Influencer selling a “get rich quick” course:
3.2M views
Guy telling you to save in Bitcoin, stay patient, and live below your means:
413 views
People don’t want the truth.
They want shortcuts and dopamine.
$BTC - Buyers keep pushing the price up but bears continuing to appear with selling pressure. We do go up, but not a s strong and assertive way. We are in an upwards channel as of rn and these mostly break to the downside.
@0xgaut Hilarious, when you think it`s ovesold and correction is overdue it just keeps pushing higher. Shorting stocks is not a good option historically.