0xDEFSER 🥷

[0xDEFSER 🥷 @ReviveTheWeb]

@burnt_xion $XION -> $VERONA

You heard it first from me.

[0xDEFSER 🥷 @ReviveTheWeb]

@BurntBanksy @BurntBanksy $VERONA … are you sure you want to go there? ✈️

[Astronomer @astronomer_zero]

$BTC

Shorted here 73.4k, we will see...

Alright, we hit 73.4k, we hit our final TP of our fifth win in a row, which is a long.

This has also been the level I waited for for a long time to short, our grey box, the zone we talked about for a long time, and our level we talked about for a long time.

Remember that I am high timeframe bullish, so no, this is not a max conviction short or one to sub 50k. I do not think we go there, and this will be TP'd earlier.

But it is a short regardless, and for more humble targeting, it is worth a short and conviction is high enough.

If it doesn't break out, it deviates range high, exactly into our grey re-short POI.

This short might end the win streak. But trading isn't all about win streaks. It's about taking the right trades at the right time.

We will see if it ends up paying or have to exit at a loss, but I am in.

Reminder to keep size light A/ due to not max conviction and B/ bitcoin is cheap (same framework as before).

[Astronomer @astronomer_zero]

Why confluence is important and how to navigate the statistical nature of markets

Whenever I post a full trading plan on where I think price is going (up, down, or sideways - yes, there are three "directions" to price), I receive several reoccurring types of comments such as "nice plan on thinking we go up, but there is a CME gap below", or "nice plan on thinking we go up, but the spot premium on obscure exchange X is negative"

Firstly, I appreciate your comments, and I value them especially if they are things I look for myself. But then I even get comments like "your posts are so long, can't you just tell us in one sentence what you think price will do?".

And then it's obvious you likely put too much weight on one simple fact. As the length of my posts has to do with that fact that I look for confluence, strong confluence that is, the most important confluence. That's what shapes a trade idea and confidence. It is indeed hard to express all relevant (and only relevant!) confluences in one single line to form my trading plan.

Yes, one single piece of edge could save you, and it could even play out, against all odds and against the trader/investor (me) who shapes his plan based on a full array of confluences, and that trader then may think he's a genius temporarily.

But experienced traders/Investors know that confluences beat one single piece of edge over time, and that beginners luck can be detrimental in that sense.

"Wait until the cards break even" as we say.

So yes, your CME gap fill or Okex spot vs Binance Futures spot discount might play out, and if you're right, against my range of confluences, I'll always give you credit, but it's up to you to realize if you're subjected to out-of-confluence luck because only you know your full historic trading record.

All fairness to you, because whether you are right or wrong in a statistically driven world is one of the most challenging aspects for developing traders/investors.

You could be doing something right and lose money, or wrong and make money. Our brain isn't wired to reward the above and you spiral down. Only way to break that spiral is to tell yourself "I don't care about making or losing money, I just take the right actions and know I will make money in the long run".

And one of those right actions are IMO looking for confluences instead of laziness and crutching to just one trick you may have in the markets.

And the more confluences you get, the more knowledgeable and experienced you become, the less you will have the statistical issue (you will win more). But while developing, you have neither, so it's a tough barrier to overcome, as if all things are set up against you until it all starts to turn around and turn around fast.

Even if you have one piece of amazing edge, with a 100% accuracy, over a sample size of 20 or more, it could still not work out (what if it stops working, I've been there).

So yes, confluences are important. They give robustness to your system, they exponentially increase the odds of an idea going to your favor and they allow a margin of error and lead the decision to you, tell you both where the market goes, and how clear your read is (aligned confluences, or combatting). And depending on the type (directional confluence, or magnet + level confluence), you can get a great idea where the market is going on all timeframes.

Look for confluences. And don't crutch on one moving average, one gap, or one seemingly obvious trend. You may call a genius move short term, but it will hurt you long term.

Trading is boring. It's analysing all confluences and taking the smartest decision and make (a lot of) money, compounding over time, sometimes less, sometimes massive amounts. But it's going mayhem and calling a wild move, making it in one trade, etc.

It can work to some extent, but we all know how it likely ends.

[0xDEFSER 🥷 @ReviveTheWeb]

@HelixApp_ If you’re a guy in your early 20s, please do not take this advice… you will be liquidated 100% of the time trading max leverage!

[Injective 🥷 @injective]

100 Million Blocks officially processed ⚡️

Injective currently has one of the fastest block times in all of crypto.

Many more goals to reach in 2025.

[0xDEFSER 🥷 @ReviveTheWeb]

@rovercrc Nice FUD… if history is any indicator and repeating then your chart is not accurate.

[Mirza 🥷 @mirza]

The new season of Squid Game is a little too real 🫠

[0xDEFSER 🥷 @ReviveTheWeb]

@dennis_inj Sir, your Mito vault emits ~$1,187.66 daily. What’s the master plan to generate revenue and compensate for this? High APY without real income is just inflation waiting to implode. Time to focus on sustainability before the token value evaporates. 🧐 Do not blame market conditions

[0xDEFSER 🥷 @ReviveTheWeb]

@settingthetempo Awesome! Watching you test the live streaming platform and all its features was pure entertainment on its own. Great to see and hear from you more from now on!

[0xDEFSER 🥷 @ReviveTheWeb]

@settingthetempo Absolutely! The crypto rollercoaster. Another day like this and I’m convinced the charts need therapy more than we do. 😅

[0xDEFSER 🥷 @ReviveTheWeb]

@burnt_xion Programmed support for 3 digits already?

[0xDEFSER 🥷 @ReviveTheWeb]

@ericinjective Black belt

[0xDEFSER 🥷 @ReviveTheWeb]

@HelixApp_ Finally leveled up to a Black Belt in something! 🥷

[0xDEFSER 🥷 @ReviveTheWeb]

@HelixApp_ Points are meant to reward users who contribute meaningful volume and liquidity to Helix. 👀🔥

[0xDEFSER 🥷 @ReviveTheWeb]

@easyeight08 Soon BTC -10% -> ALTCOINS +80%

[0xDEFSER 🥷 @ReviveTheWeb]

Buy the dip

[0xDEFSER 🥷 @ReviveTheWeb]

@mdshjrno @ethereumintern_ @0xyanshu There’s an important distinction between protocol-level bugs and client implementation bugs. A protocol-level bug (like the 2018 inflation bug) affects all clients if they follow the same flawed logic, as they usually do. Client diversity cannot prevent this.

[0xDEFSER 🥷 @ReviveTheWeb]

@ethereumintern_ @0xyanshu The fact that Ethereum relies on client diversity to ensure stability highlights the additional complexity of its network, which requires such measures to maintain resilience. This difference reflects Bitcoin's focus on stability and minimalism versus Ethereum's adaptability.

[0xDEFSER 🥷 @ReviveTheWeb]

@ethereumintern_ @0xyanshu Bitcoin lacks client diversity because the protocol is simple and changes are rare, making a single dominant client (Bitcoin Core) reliable and widely adopted. The network's simplicity reduces the need for multiple clients, as risks like bugs and exploits are already minimized.