Barring a massive surprise, I expect rate increases to keep the downward pressure on #Bitcoin for another 3-6 months. New lows in Q4 are possible. Then the next bull market should start (very slowly!) from around Q2 2023. I'm almost 50% invested now, still plenty of dry powder!
This long #Bitcoin consolidation under ATH is exactly what we needed. Ideally it runs for another 3-6 months - if so the breakout will be immense, probably hitting 100K+ early next year and 120K-150K by June 2025. The #Altseason after that will blow everyone's minds...
The #crypto bull cycle continues - portfolio now hovering around 400K USD having peaked at 450K a few weeks ago. The halving is coming, spot ETFs continue to deliver and QE is on its way. 2024 will be an epic year. Feels like 1M+ is realistic now. #ChainGPT is my biggest winner
My biggest winners in the last month have been @SeedifyFund, @FerrumNetwork and @Poolz__. They've been the three best launchpads over the last six months, each with some massive hits. Ferrum in particular is an underrated gem which deserves an MCap of 100M+, not 20M...
What a month it's been for #Bitcoin and #cryptocurrency. My portfolio just broke 200K USD for the first time this cycle. Feeling a little euphoric, which is worrying - it feels like Feb 2020 when my portfolio hit 150K before dropping to 68K a month later...
First rate thread on #Bitcoin, the macro environment and halving cycles. Lays the context beautifully for why I think 2023 will see largely sideways price action, 2024 will be bullish and 2025 euphoric. Liquidity will return to global markets by then, alongside halving mania...
Very much enjoying the bullish #Bitcoin price action in the last couple of weeks. Feels like April 2019. I think there's a 70%+ chance we've seen the #bearmarket lows for #Crypto now. I've invested almost 80% of my capital for this cycle now - happy with that, and well in profit.
Picking up some more #altcoins here - in particular launchpads like @TheDaoMaker and @SeedifyFund. I want to deploy capital which can give me a steady stream of income over the next few years - these two launchpads look promising. Will likely increase my stake soon.
I'll keep on slowly adding to my #Bitcoin and #altcoin positions. Still got 40K USD to deploy. Potential life-changing opportunities on their way, the important thing is not to rush to deploy capital!
It'll take a while for the full impact of the #Alameda / #FTX blowup to become clear. Contagion will hit other exchanges and investors, hence my pessimism about #Bitcoin price. Yesterday's events were massively damaging for the crypto industry.
Excited to see #Bitcoin break the annual low - serious buying opportunity now, though I expect it to go lower still. Have started picking up an #altcoin bag: $BNB, $WOO, $QNT, $ROSE, $PYR, $NEAR, $FRONT (cheeky low cap play). Slowly slowly catchy monkey...
#Bitcoin limit buys set down to 10K, $BNB limit buys down to $80, just in case we get a capitulation event this week... Should get bought up quickly if it happens
Critical day for #Crypto. Major #FederalReserve update - a 100bps rise could push #Bitcoin below the cycle low, as could continued hawkish comments at the press conference.
#Bitcoin price action looking weak. 20K still more likely to hold than not, but if it does go the liquidation cascade will be spectacular. I've set limit buys down to 8K for $BTC and 45 USD for $BNB
Bought another 0.3 #Bitcoin at 22.4K USD. Can't believe we've got another opportunity to buy at these prices. I'd love to see 20K break but don't think it will.
Bought another 0.3 $BTC at 23.1K USD, and 15 BNB at 221. Slowly accumulating as we approach the bottom of this #Crypto bear market. I don't think the pain of this cycle is over yet, so I'm keeping plenty of $USDC in reserve.
Staying away from other #altcoins for now - I think this bear market still has a ways to go (at least 6 months more of altcoins bleeding) so I'll hold stablecoins for now, and buy most of my alts towards the end of this year or early 2023
So I've invested roughly 17% of my capital for this cycle into crypto, with the rest still in stablecoins. Not $UST thank f**k. What a mess that was. Expecting $BTC to stay in a 25K-35K range for a while, unlikely to break 20K. I'll be buying regularly over the next six months.
Bought my first #Bitcoin of this cycle - 0.5 BTC bought at an average of 29.6K USD. Staying away from alts at the moment, other than buying 3K USD $CRO to use their debit card and 2K USD of $NEXO to increase my stablecoin interest.
I messed up often during the last #Crypto cycle (especially in March 2020). I will apply those painful lessons this time around. I'm not doing this for followers; this is about documenting my decisions and being rigorous so I can maximise my gains. We'll see if it works!