4th

Crypto trading & analysis

[4th @FourthCrypto]

@Akallabeth___ @CoinFlipperDude Good job

[4th @FourthCrypto]

@Web3To starting now, with Landon our great host.

[Caladan @caladanxyz]

What happens with the institutions start to get involved in crypto and there's an influx of liquidity?

Come hear from the experts:
@sethginns from @coinfund
@vaneckpk from @vaneck_us
@davidduong from @CoinbaseInsto

@dlawant from @falconxnetwork moderating!
https://t.co/kaW9KX5Lhs

[Caladan @caladanxyz]

How do you pick your market-maker and hold them to KPI's? Loan option or retainer?

Hear from top MM's:
@msjuliazhou from Caladan
@matt_mamigonian from @flowdesk_co @_annabellehuang from @ambergroup_io
Alex Taaffe from @GSR_io
@wes_dewayne from @AcheronTrading

mod: @CryptoDeFiGuy from @CumberlandLabs

[Caladan @caladanxyz]

Hello world. AlphaLab Capital is now Caladan!

[Nay @gmnay_]

1/9 Lately, there've been signs of a potential bottom in the 3-year-long DeFi bear market. Starting with $MKR, I'm sharing the tokens I'm buying.

I believe $MKR will end up being one of the most obvious capitulations in hindsight.

A thread 🧵

[Alex Banks @thealexbanks]

OpenAI released plugins for ChatGPT.

It will change the future of humanity.

Here's how they work and why this is so important:

[Casey Neistat @Casey]

something about achieving peak happiness before 7am everyday

[Steve Burns @SJosephBurns]

Jesse Livermore’s 10 Key Principles that made him a Legend:

#1 Livermore’s wealth was built primarily from big position trades that lasted for weeks or longer. He made his big money holding a trend not scalping or day trading. Which was very difficult in those days with commission costs and speed of execution.

“Money is made by sitting, not trading.”

#2 Livermore pioneered the idea of having big wins and small losses. He held large short positions through both the 1907 and 1929 stock market crashes and let the winners run.

“It was never my thinking that made the big money for me, it was always my sitting.”

#3 The quality of his trade entries is something he did based on price movement. He traded price action not fundamental valuations.

“Buy right, sit tight.”

#4 He liked to see follow through confirmation before he made an entry.

“Do not anticipate and move without market confirmation—being a little late in your trade is your insurance that you are right or wrong.”

#5 He focused on a small watch list to be an expert on their specific price movement.

“{Limit} interest in too many stocks at one time.  It is much easier to watch a few than many.”

#6 If he had a stock making higher highs he would hold it until their was a good reason to sell it. He ended up holding stocks that were under accumulation.

“As long as a stock is acting right, and the market is right, do not be in a hurry to take a profit. You know you are right, because if you were not, you would have no profit at all. Let it ride and ride along with it. It may grow into a very large profit, and as long as the “action of the market does not give you any cause to worry,” have the courage of your convictions and stay with it.”

#7 He never added to a losing position.
“It is foolhardy to make a second trade, if your first trade shows you a loss.

“Never average losses,” “Let that thought be written indelibly upon your mind.”

#8 His rules said to cut losses quickly when wrong and keep losses small. This freed up capital to deploy for better opportunities and avoided big losses.

“Profits always take care of themselves but losses never do. ” The speculator has to insure himself against considerable losses by taking the first small loss. In so doing, he keeps his account in order so that at some future time, when he has a constructive idea, he will be in a position to go into another deal, taking on the same amount of stock as he had when he was wrong.”

#9 He knew his best trades were winners right from the start.

“Experience has proved to me that the real money made in speculating has been: “IN COMMITMENTS IN A STOCK OR COMMODITY SHOWING A PROFIT RIGHT FROM THE START. ”

#10 Jesse Livermore did not trade unless the market presented him with a good opportunity from an entry and risk/reward standpoint.

“There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. Not many can always have adequate reasons for buying and selling stocks daily – or sufficient knowledge to make his play an intelligent play.”

[4th @FourthCrypto]

@bgurley @PotentialMotors

[4th @FourthCrypto]

@MetaPsilo 🔥

[zerohedge @zerohedge]

JPMorgan: "while the news of the collapse of FTX is empowering crypto skeptics, we would point out that all of the recent collapses in the crypto ecosystem have been from centralized players and not from decentralized protocols."

[Erik Voorhees @ErikVoorhees]

Build a website that lets consenting adults buy recreational drugs = 2 life sentences + 15 years.

Build a website that steals $10 billion from innocent people = hugs with politicians and celebrity endorsements.

[4th @FourthCrypto]

@RNR_0 SBF: "I am likely to be quite swamped over the next couple days"
Also SBF:

[4th @FourthCrypto]

@cobie Y

[4th @FourthCrypto]

@JohnWRichKid @GetSongBot

[Bitcoin Archive @BitcoinArchive]

💥BLOOMBERG: Bitcoin adoption and demand are increasing. It’s only a matter of time before it hits $100,000.

[CoinDesk @CoinDesk]

Financial heavyweights @CharlesSchwab, Citadel, @Fidelity, and others have come together to start digital asset exchange EDX Markets.

By @parikshitm899

https://t.co/2Pq7VjLmSs

[4th @FourthCrypto]

@TezosBakingBad @IamNomad @binance @cz_binance Bro your runescape account just got reset for botting

[GLITCH | Next-Gen Ecosystem @offglitchsystem]

GLITCH Chrome Lab Alert 🚨
We’re going LIVE with @zero10_app & @Zarina_IZY to talk about the #AugmentedReality Try-On Fashion Platform, the Open Call Project & fashion in the #Web3 world 🔮

Monday August 22 | 18.00 BST

https://t.co/E8BGWf78oV