@HouseOfCrypto3 But your alt breakout video is just 🔥, how to scan which alts haven't broken out etc, just waiting for the right time to apply it
Most probably once ALT/BTC hits 0.25 or QE begins
Few more lessons:
1. DCA is the king if you are late in the market or uncertain about market direction - the amount of peace it brings is just different
2. Have a reserve fund ready - if there are any sharp corrections, you can deploy it to recover the losses
3. Until either QE starts or ALTBTC goes to 0.25, there will be no sustained altseason, you are better off putting your money in just BTC, DCA in and wait for it to grow
4. Even promising ALTS wouldn't go up, you might find fewer than 10 larger cap alts out performing BTC
#ALT Season is when #BTC dominance aggressively goes down.
#BTC Season is when #BTC dominance slowly goes up.
BTC dominance has been going up for years, which is why it was better to be in BTC than most ALTs.
Clearly I am not talking about your alt, just everyone else's alt.
@CredibleCrypto Hey do you still think that it'll come back according to your analysis? it is at 84.5k and I have my shorts struck at 78k on cross margin and I am bleeding. If you were me, would you hold or cut losses here - 1/3rd of my portfolio :/
Lessons I learnt:
1. Got fucked with the risky copy trader
2. Got fucked by following a big account's trade due to my poor sizing and risk management
3. Got double fucked with a least risky copy trader
Lesson: Do your fucking analysis and if you are new, shut up and sit on spot