Altseason seems to be starting!
Only ~15% of altcoins will bring 10-100x in this hyper growth.
Asset selection matters more than ever. One slip-up, and you're out.
- How to position yourself
- Profit-taking timing
- 6 Altcoins that look ready to go
🧵⬇️
We want to learn the lesson and not repeat the experience. But in truth, we do not like to look too closely at what we did; our introspection is limited. Our natural response is to blame others, circumstances, or a momentary lapse of judgment.
Happiness is less anxiety
Anxiety is a series of running thoughts, the constant chattering of the mind.
How Naval combats anxiety:
“Would I rather be having this thought right now, or would I rather have my peace?”
#Bitcoin
this is a potential roadmap for the current cycle. As we stated before, we believe we are in a mid-term correction right now that could take us to mid-/low 50ks.
The rest of the year should lead to another pump fueld by continued institutional buying, halving itself and continued adoption.
Summer times are usually boring and sideways / correction months. Q4 should once more be a very strong quarter, potentially lifting uns above 100k.
Good times ahead. Don't get discouraged by pullbacks. These are normal and necessary for a healthy chart.
AI big caps such as $TAO $RNDR can still pull 10x from here.
Imagine low/mid caps with doxxed, experienced teams with real products and 0% tax.
If bitcoin can do 1.5-2x
Eth 3x
Sol 5x
It’s logic to assume good big caps to pull 10x minimum and low/mid caps much higher.
Everyone asks me when I plan to sell.
I'll never forget in 2017, I became a millionaire.
Then lost $400,000.
I've made a new all time high on my portfolio every year since.
This is my Bull Market Exit Playbook:
1. Systematic Profit
This leaves 0 room for emotional error.
Take profit every time total crypto portfolio goes +x%
High risk approach: Take profit when TOTAL portfolio +100%
Low risk: Take profit when TOTAL portfolio goes +15%
Individual trades can still run 10x.
Example: You buy a coin with 5% of portfolio, it goes 10x, that's ~ +50%
Be high risk early and lower risk later in the bull market.
2. I reduce risk every time something really stupid happens.
Example: $30mil sent to a presale address in 1 hour.
Reduce risk means, I target smaller deviations.
E.g instead of +50% I start looking for +30%
3. Always ask "If the bull market ended tomorrow, would I be fine?"
If the answer to this question is ever no, reposition yourself.
4. Ignore other people (important)
Your goal is to outperform the market not random individuals who may be taking high risk, scamming or just lying on social media.
Don't let them distract you, outperform $BTC and you're doing great.
Insiders can easily make $1m from $1k by buying tokens before a loud statement.
I found a way to buy tokens that will be listed on Binance before they become tradable.
Don't hate me for revealing this secret 🧵👇
With, #TrustWalletSwift you can now enjoy a reduction in gas fees of up to 95%!
Thanks the the #DencunUpgrade, this fee reduction is available when using #Base, #Arbitrum or #Optimism tokens as your gas fee.
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For call options you have the right to buy at the agreed price. You will execute the buy if the right to buy price is lower than the market price.
For put options you have the right to sell at the agreed price. You will execute the sell if the right to sell price is higher than the market price.
Depending on the type of option, agreed price and the market price, this may either create demand or add supply.
Create demand, price ⬆️
Create supply, price ⬇️
Continue to see signs that "this time is different"
Behaviorally this market has changed.
Coins were sent to exchanges in past runs, now on this run, coins are leaving exchanges.
Do with this info as you wish. #bitcoin