So to bring this to a close...start thinking critically, do you think the Institutions trading size are on here looking for trading ideas from some muppet posting pretty charts? Do you think the muppet posting pretty charts is actually trading? If so good luck you'll need it.
A simple way to clean up your timeline...not that you even need to follow anyone here to be honest is if they couldn't predict in advance that bitcoin would have a htf local bottom around the $60k mark then how do you expect them to nail future tops or bottoms on the htf.
Yes I know altcoins are what the majority stick to as they want quick and easy gains...but I hate to break it to you for the majority altcoins are a quick and easy way to BROKE.
My advice to anyone attempting to understand these markets is forget about altcoin trading until you understand bitcoin and can make consistent profits trading it, as if you can't read what bitcoin is going to do altcoins will destroy you in every sense.
In trading and in life the majority are out for themselves and if that means selling you a lie to fund their lifestyle so be it. Stop scrolling through this app looking for the golden ticket, it's not here...here your wallet will just get lighter and your mental health drained.
I wasted many years following such people thinking they had figured it out...but when I actually figured it out myself I deeply regret wasting so much time studying concepts that are quite frankly bullshit, so my advice is forget social media open the charts and get to work.
Order blocks, breakers, fvg's blah blah blah mean very little...ask yourself can you pinpoint a bottom or a top with any of the above? No, but it enables the "traders" here to create a great story and keep you hooked in to their paid services like they know some hidden secret.
The majority of traders here are looking at the wrong things, my advice would be to unfollow anyone who is charting usdt.d over usdc.d when looking for potential reversals on bitcoin. The institutions who trade with size clearly favour one over the other.
Yes I know they can take screenshot of a leveraged position up 1000% but the position size for all you know could be $1, without seeing their yearly p&l data how do you know if they are genuine....the loudest people on social media are here to monetize you not help you.
Always remember it's easier to sell a dream than it is to create one. "Traders" here are not actually trading, their living comes from making you believe they are trading and thus signing up to their paid services to create a stable monthly income which trading does not provide.
@SamCKx@kitbuf The difference between tsla and cdr is one is liquid the other illiquid. One can be bought and sold easily while the other is an example of a classical rug pull with 150k liquidity and less than 2k trading volume. You hold because you have no choice but to do so.
@Moneytaur_ Most legit guy in this space...critical thinking required though and many can't handle that. 2 posts of yours that really helped me crack how manipulated this game is where "buy & sell programme"
and Psh to psl or psl to psh. It really is all preprogrammed and once you ๐ boom.
@Moneytaur_ So basic yet all the fools on social media believe that the markets will gift a big win to each and every one of them on any altcoin with minimal effort whilst whales sit back and let everyone around them become rich. Yep the math ain't mathing.
@Moneytaur_ Traders market with the profits funded by "holders dream" targets that will never happen. A playground for whales to make multiple 100% plus moves each year on spot alone whilst most participants want/need 10,000% plus ๐
@Moneytaur_ My take is market makers own all these shill accounts as no one of even the simplest form of intelligence could not see that we already printed an alt season...Eth gave the hint that things would get nasty when it double topped mid December and they where all calling for 10k plus
@JustinBennettFX Do you ever feel bad for shilling local tops to your followers? If any of them listened to and bought based on your "7x" back to ath which won't happen they'd currently be down almost 50%. Granted it will rise again but they miss out on massive gains by taking you seriously.
@MaxBecauseBTC You truly are hopeless...the fact that you no nothing yet charge people doe for your "knowledge" is straight up scamming them. How's pepe holding up....to the moon.
@MaxBecauseBTC There is only one key htf level I'd be interested in longing on pepe and you can't spot it. Constant bull posting to lure in more fools with nothing to show but past "data" $0.000015496 bookmark it and or try and figure out why...
@Moneytaur_ For the most part the vast majority of people just consume junk be it via the food they eat, overindulging with drink or the mental junk they consume daily.
It's easy to win in this world whilst the completion is so weak and focused on consuming rather than creating.