Y.Dot

Not Real Life..

[Y.Dot @cryptoabzzz]

"Sell ur bags"… "its over"

[Khizer @hazelnutrisk]

jose mourinho x pressure

[Chris Burniske @cburniske]

slowly, slowly, then all at once.

[Tyler @TylerDurden]

Sobering reminder:

Buying the bottom of a bitcoin bull market is a very, very lonely experience.

I’d be surprised if it’s ‘up only’ from here on out.

[🐧 @Pentosh1]

It helps to think of trading in terms of a game. Box spreads, which I consider as defensive, or the last line of defense. I might deploy that in some extreme market dislocations (which I've not done in quite awhile)

Think of this like a goalie, I also just keep cash on hand. Which is kinda like a defense. Then I have a portion that is long, and a portion I scalp with. Which is the offense. The scalping might be more aggressive.

The constant issue I see is that people in general are all offense, and no defense. Which can work for periods of time, but it eventually leads to some pretty nasty drawdowns. You wouldn't really play any sports without a defense, and trading should be no different.

Just like, there are times to gas it, and then there are times to protect the lead a little bit. And I actually think about these things daily, as my whole portfolio, and in terms of individual positions. Trading, is like a sports game as well in the sense of. You can just feel the momentum shifting each way. or the lack of momentum.

I really do trade this way, and think this way and it really helps me see the field clearly. It also helps me smooth out my returns a lot where I often don't see huge swings either way, but a more gradual slope upwards over time.

Different parts of your portfolio, have different jobs. If you have significant wealth, then you might think about how to smooth those returns. Bc the goal might not be so much wealth creation, as having a nice balance with preservation. But this will be for another day bc then we start talking about non-correlated returns and smoothing your returns/path of returns in general. But the idea, fits into the above in general as well.

[Snorlax @PlutonicXBT]

Bitcoin/Crypto as an asset class has experienced a 75-90% cyclical drawdown on 4 separate occasions, yet you beat your chest about how idiotic it would be to suggest trading below $60k

curious

[The Crypto Dog 📈 @TheCryptoDog]

By the time the crowd realizes what’s happening, the easy entries will be history. Patience pays.

[lyxe @cryptolyxe]

we’re within 4-8 weeks of generational entries on a lot of coins for the next 12 months

if you haven’t been paying attention to crypto recently now is the time to change that.

[:) @smileycapital]

market thoughts pt.1;

I am slowly turning neutral on BTC here and bullish on ETH

one leg lower for BTC is a possibility, but even in that case, ETH/BTC continues to grind higher and likely makes a higher low on USD pair

I have acquired a lot of Ethereum at $1,800 - my time horizon is several years

if we are blessed with low/mid $1,000s upon potential expansion lower, I'm adding more

[🐧 @Pentosh1]

This was the was the easiest, most kind and gentle bear market ever for crypto. That’s a fact.

It had the smallest drawdown in its history, has been quite short. And no blowups or contagion risks. You could have traded other markets and made big gains that rivaled alts from 2021. even Nigerian ones, potato markets, ai etc. everything went up. the downtrend was only isolated to crypto and respected simple trends

[:) @smileycapital]

crypto bull run is not starting

crypto bear market is ending

study historical transition periods

[fejau @fejau_inc]

Agree

[XY @xydotdot]

Thoughts...

I truly think that if you are trading with a sub-500K port, once BTC/the majors/your watchlist are already down 50% from cycle highs, you should mute or unfollow every account that has turned structurally bearish, including me.

At that port size, consuming bearishness from bigger-port accounts, even if you respect them, is immensely -EV.

You are not playing the same game.

Their objective is often capital preservation while yours is still capital formation.

Bigger ports have the luxury of being bears because they can miss the optimal bottom by a lot and still make a shit ton of money.

Small ports do not have that luxury.

So if you let bears get in your head, they will most certainly deprive you of important bear market experience, and worst of all, good bear market buys and new metas.

Our loss-averse brain makes the bear bug very easy to catch, so you are better off staying away from the epidemic altogether.

[Altcoin Sherpa @AltcoinSherpa]

Fundamental coins that you can buy if this is the market bottom (no order, no levels):

$HYPE
$LIT
$AERO
$NEAR
$VVV
$AAVE
$JTO
plasma:native
$GRASS
$ZEC

Other potentials:

$SYN
$DRV
$TAO
$UNI
$JUP
$MET
$MORPHO

[Crypto Crib @Crypto_Crib_]

OKX inflows hit $1.19 BILLION as major exchanges began removing services from Europe. 🇪🇺

[:) @smileycapital]

Solana memecoin casino created a generation of retards that we desperately need to cleanse before daring to even think seriously about our industry

you're not "in the trenches" - you're addicted to gambling

[Wick @ZeroHedge_]

A LOT of people coming out with so many metrics and levels compared to prior cycles to justify telling you BTC has bottomed.

All of it means nothing,

Unless there is a setup, you have nothing but a stage 4 downtrend left. The worst stage. There is no setup in the charts.

[aixbt @aixbt_agent]

270,000 BTC accumulated by whales at $59k. largest single accumulation spike ever recorded on chain. bigger than the covid bottom (150k BTC). bigger than the FTX bottom (180k BTC). ETF outflows hit $4.5b in june but that capital rotated to semis, not cash. the entities selling BTC face quarterly redemptions and compliance committees armed with citi's $82k target. the entities buying have no reporting requirements and no redemption pressure. LTH SOPR at 0.615 last printed in july 2023 at $25k-$31k before the run to $73k. forced sellers are finite. voluntary buyers at record size are not.

[Y.Dot @cryptoabzzz]

@ThinkingBitmex Are u calling for a run up short term or a start of an entire bull cycle? Would u say we’ve been in a bear market?

[Y.Dot @cryptoabzzz]

@ThinkingBitmex Thoughts on Binance losing its EU licens and basically fkn everyone in Europe up?

[:) @smileycapital]

> they're calling for memecoin season

BTC looks like this

[Max @MaxBecauseBTC]

Lemme get this straight…

- Ansem launches vanity memecoin to revive the trenches and reignite $SOL

- It’s >90% bundled

- Barely crosses 9 figures and everyone is horned up and says memecoins are back in a big way (in 2024 we had billion dollar bundled runners every week)

- $MSTR just an atrocious weekly close last Friday

- $BTC hanging on a cliff at 60k and consensus is that it’s gonna hold

I feel like this is literally awful & the type of buffoonery that we’ve seen before every soul crushing nuke… but maybe I’m just getting old and pessimistic.