Code Monkey

Ponzi Monkey, wanna be Cypherpunk

[Code Monkey @betacodemonkey]

I have spent years trying to understand markets and the inconvenient truth is simply this:
Everything thing is a ponzi

#satoshi and #bitcoin helped teach me this, now I need to learn how to explain this to everyone else, unfortunately no one cares.

[Science girl @sciencegirl]

When a bison meets a bull elk

📹nczoo

[Brian Roemmele @BrianRoemmele]

The rise of the new interest in angelic music.

This is Katie Marshall as she sings in the Cloisters of Gloucester Cathedral.

[The Sigma Mindset @thesigmamindset]

This video will change your life ‼️‼️

[hinata @HinataMotivates]

This man shows how we're constantly being manipulated and how they lied to you.

[Massimo @Rainmaker1973]

F-35C Lightning II flies over the Florida coastline as a SpaceX satellite launches from NASA's Kennedy Space Center in the distance.

[📹 iceman_fox1]

[Jay Kaeppel @jaykaeppel]

The S&P 500 bottomed on 10/13/2022 and has rallied +30%. Today GDP is announced as +2.4%. Repeat as many times as you need to in order to absorb the lesson: “The stock market leads the economy, NOT the other way around” (typically by about–you guessed it-9 months) @sentimentrader

[Code Monkey @betacodemonkey]

@NewLowObserver What do you think is the cause for the recovery?

[Code Monkey @betacodemonkey]

@NewLowObserver Allowing a volitile asset for collateral is wild. It's great, but probably way too soon, unless you need to be way over collateralized.

[Code Monkey @betacodemonkey]

@HowThingsWork_ Looks like driving through Canada in the winter minus the ice on the roads. Litterally the same visibility when it's snowing/windy

[Code Monkey @betacodemonkey]

@5No5Body5 @5_0Trading I've been there man, it's not worth it. Take a step back and try to re-evaluate.

I don't know you or your situation, no disrespect.

[Code Monkey @betacodemonkey]

@5_0Trading @Crypt0Moe Killshot

[Code Monkey @betacodemonkey]

@5No5Body5 @5_0Trading I don't think you should be trading.

[Magus @TraderMagus]

How to trade a bull market
Risk On/Off

Traders tend to get lost in their fomo thinking they must be max exposure all the time
Risk is how you grow and risk off is how you keep

How do I define Risk On/Off?

Some version of the following...
Risk On: Spot BTC, Spot Alts, Deriv. Longs
Risk Off: Hedged BTC, Sell Alts

The best version of this for most of you is
1. Spot long BTC
2. Spot long alts when BTC has strong momentum, sell into BTC when things are slow

Understanding Risk On/Off is how you manage your portfolio

But how do you actively trade a Bull market?

My two core strategies are The Dalai and the Vwap Retest
Dalai - Larger market wide pullback

Aggressively enter into BTC and Strong Alts

If BTC momentum is strong hold for a few days, if weak take profit

Vwap Retest - Buy shallow pullback on momentum day @ Vwap

Take profit outside of value

Asset Selection

We must be able to identify what coins are strong and ignore the other 99%. This is the most underrated skill this cycle, so how do I do it?

Spaghetti & Vwap Scans

Protecting the money

Everyone's always focused on making the gains but the real skill is in keeping them. In crypto its not that hard to run it up but few hold on to it

So how do you keep it?

"Be ready sell 20-30% lower than the all-time high"

Very few will sell the top, I somehow managed to last cycle but don't plan to be so lucky this time around

Once the trend starts to die, you need to not get hung up on the fact you could have sold 20% higher two weeks ago. This makes people turn winner into roundtrips or worse, losses

Attribute your successes to luck, this will keep you humble

Parts 2 & 3 next

Drop a like, RT & comment if you enjoyed

For each like BTC goes $500 higher

Cheers

[0HOUR1 @__0HOUR1_]

Guy doxed Ice Agents then cries when I show who he is this is how it works.

no more games

If you do this to any cop I will do it back.

I am better at this game.

Periodt!

[Code Monkey @betacodemonkey]

@virtuals_io I'll bite.

[Code Monkey @betacodemonkey]

@MacroCRG Your body gave you time to learn your lessons as a child. Now you pay! 😆

[Code Monkey @betacodemonkey]

@John50741562276 @DefiantLs @grok All gas no brakes

[Code Monkey @betacodemonkey]

@Alex343 @grok @MindfulInvesto2 @John50741562276 @DefiantLs "Just leave him alone, he's just a child!"

[Code Monkey @betacodemonkey]

@chrono_chartist People so salty, just shows their immaturity. I may disagree with you on some things but I also see where you are coming from. Doesn't mean I don't like you. In facr, I respect you even more, not flipping your bias just because of random internet people.