puff

@puffisop

trader log

Joined March 2021

356 Following

8 Followers

218 Posts

puffisop retweeted

Ansem 🐂🀄️

@blknoiz06

over 2 years ago

crypto memecoin rankings, in terms of upside virality escape velocity + normie friendliness, imo S-tier: WIF A-tier: MOG, PEPE, STAN, TRUMP, XXXXX B-tier: BONK, BITCOIN, POPCAT, HARAMBE C-tier: WEN, COQ, TOSHI D-tier: MYRO, FLOKI F-tier: DOGE, SHIB

513

puffisop retweeted

CryptoAmsterdam

@damskotrades

over 2 years ago

Are you planning to take crypto more seriously in 2024? Start here. After 2500+ days, here are the crucial lessons I've learned. 1. Don't think in absolutes. There are no certainties in this game. The market will eat you alive if you talk and think in certainties. This could lead to missed opportunities, over-risking, and not cutting losses on time. Always stay open-minded and prepare for multiple outcomes. --- 2. Take profits anytime. There's no perfect moment to pay yourself. You can stay risk-on early in the market while already paying yourself. Pay yourself more aggressively later in the cycle. You don't need to take 100% at once; do it smartly and over time. ===== Yes, this post might feel familiar. I mixed a few posts up and reposted it in a different format after receiving about 10 complaints about the previous one. ====== 3. There's no system to learn, only your system to develop. Everyone is different; what works for someone else might not work for you. Learn a style, build a system and rules based on your personality, and play around with it. --- 4. The study loophole & picking a technique. It doesn't matter whether it is simple price action, Elliot waves, or indicators. There's no wrong one, good one, or better one, as long as you master it. The significant danger here is that people think they are ready to make money after watching a few videos of a style. They jump into the market, lose money, lose confidence in the technique, and move to another. They start studying another style and make the same mistake. Pick one, master it, and craft your own system around it. --- 5. Keep things simple. Please keep it simple; create a simple technique. You don't need to look at a million things. Looking at a million things means a million potential reasons to get distracted from your initial idea. --- 6. In a bull market, 24/7 online is the best edge. You stay in tune with the market, narratives, and new opportunities. Many things are happening, and millions of opportunities. It's a PVP game; money isn't magically created -> it moves from someone losing to someone winning. You can't beat someone who lives and breathes the market. Go harder than the rest if you want to win. It's worth it to spend twice as much time in the bull window compared to the bear. --- 7. Bet significant early in the cycle and lower risk later. Most will do it the opposite way; they don't dare to risk hard early but go all in after months of green. --- 8. Cycles change and become more demanding. 2017 - buy any coin on a CEX to win. 2019/2021 - More on-chain -> DeFi, Uniswap, NFTs, the market became meta-sensitive. In the next cycle, I expect this to increase; the lazy and those looking for comfort will be disappointed. You need to put in the time, keep paying attention, have an actual plan, and try out new things. --- 9. Surfers mentality. If the surfer spots a shark, he'll happily miss out on a few waves. He knows there will be more waves. You can only blow up once, but there will be endless opportunities. You can only enjoy them if you are still in the game. Never risk it all. --- 10. The cost of winning. -> Time: I've seen countless people go hard for 1-3 months and then give up soon after. They are not used to putting in much time without results or negative returns. -> Money: You will fail and lose money, but these will also be valuable and necessary lessons and experiences. When you start a business, setting up the fundamentals will cost you time and money. You don't expect instant returns. It's not different in this market. Set your expectations, accept losing is part of the game and progress, and don't give up. --- 11. Bet more. The meme gets thrown around constantly. But to me, it means that it's okay to risk more when you have a triple-A setup, the market is macro-bullish, you have a win streak/edge, or you stumble upon a super opportunity for whatever reason. Please don't be scared to go hard when it's time. --- 12. The more liquid a market, the more challenging it is. The more liquid a market, the more big boys will be around and the more people with a sharpened edge. Illiquid new arenas are inefficient, and gaining an edge is easier. For example, socialfi, small and new ecosystems, and nfts recently. Try out new things. --- 13. There's always someone richer than you. Stop looking at what others have and their PNLs. Focus on you and your progress. If you focus on others, you'll never be happy, satisfied, or confident. High changes you'll develop a horrible 'I want to get rich tomorrow' mindset and constantly overisk. Set small goals, hit them, and become proud and confident. You need to be confident as hell in this game. --- 14. Look for cultish behavior. Look for cultish meme coins, ecosystems, and nft projects. The bigger the cult, the bigger the pump. (oh, and leave when they start killing each other) --- 14. If money flows into simple new ideas, don't hesitate. The more simple, the more stupid it sounds, the better. If there's money flowing in, at least check it out. Don't fade it because you think it's dumb; it's about what the market thinks. (I thought jpegs on the blockchain were stupid, but they were getting attention, so I decided to participate in the public FLUFs mint; I made 5 figures on my first nft mint.) --- 15. Timing the market right > the quality of the trade setup. I know many people who don't care about TA; they are just extremely good at sitting on their hands most of the time and jumping in when the market is attractive. One of the biggest wins most of you guys can make is not being exposed to the market or trades constantly. There are moments when everything goes up -> go hard -> as soon as this transits in some annoying chop, instantly slow down and don't give back -> win more, lose less, and become more confident. --- 16. Mix TA and FA. In bear: charts leads. In bull: Fundamentals leads. Every coin will go through a bull cycle; FA and narratives will decide how fast and successful it is. In bear: holding on because of the fundamentals will get you rekt. In bull: taking profits because your 1D resistance will make you miss out. --- 17. Patience. - Know when to trade and when to sit on your hands. Stay patient for the perfect environment when it feels like free money. Skip the gambles in between. - If you have a trade idea, it doesn't matter if it's based on TA or FA; don't get impatient when it doesn't instantly move. Don't chase for another idea and let it play out, or you will keep chasing instead of riding. - Set small goals, don't try to become rich tomorrow. You'll blow it all. --- 18. You can't do it alone. Team: Find yourself a team; there's too much to dive into yourself. Work together on a Daily base. (so to my @Altcointraders_ team) Network: Your network is your net worth. So many opportunities come from building a network. Don't think you do not matter or are too small. Simply try to give more than you receive, and don't hesitate to reach out. (My DMs are always open for people who are genuinely trying to learn or add value) --- 19. Stop watching and reading; start failing and trying. So many are just stuck in silently absorbing content. Bro, learn the basics and get out there in the arena. Try, fail, learn, and grow!! --- 20. When you are experienced, trust your gut. After a while, your gut feeling is literally built upon thousands of hours of experience and will likely outperform retail's gut feeling. (This tweet feels bad, lol; don't rely on this solely because emotions see their opportunity here) --- 21. Do uncomfortable things. - Being early means doing things that likely feel uncomfortable. You want to be early. - Doing uncomfortable things means learning new things. If you wait until you feel comfortable, you likely wait for months of green to happen first, to jump in late. Trying out new things pays. --- 22. Trust the market. People tend to always fade the markets early, to fomo in late. - If there's a breakout, it's a breakout. - If there's a bullish trend reversal, it's a bullish trend. - If money flows into a niche, that niche is interesting. Believe the market until it proves you wrong. (It's not accidental that always the moment you enter an Altcoin, while everything has been doing great, the narrative or Altcoin nukes. Bad luck doesn't exist) --- 23. Markets change, and different parts of the cycle pass. One trading system might work well in one but not in the other. Learn to recognize, accept, and adapt to different market environments. 24. Market structure is key. Learn the basics. --- 25. Focus. If you are not winning and feel like you can't keep up with everything, don't try to do everything; focus on one section in this market or one pair and double your focus. If you are trying to do everything half, you'll end up in the losing majority everywhere, while you need to do one thing very well to end up in the top group that makes money. --- 26. Trust the person who created a plan before the trade, not the person full of emotions while being in a trade. (this is about you and your plan before the trade and about you and your plan while being in the trade) --- 27. Exchanges are there to trade, not to store money. Please don't trust any 3rd party with serious funds, regardless of how big and legit they seem. --- 28. Take responsibility. - The market is never wrong; the market owes you nothing, and there's no fair or unfair. You will not make it out alive if anything frustrates you or you feel like a victim. - Don't blame anyone else in this market for your losses, but you. It's a PVP market, man up. --- Thanks for reading, and feel free to drop a follow to ride 2024 with us! 🫡

damskotrades's tweet photo. Are you planning to take crypto more seriously in 2024?

Start here.

After 2500+ days, here are the crucial lessons I've learned.

1. Don't think in absolutes.

There are no certainties in this game. The market will eat you alive if you talk and think in certainties.

This could lead to missed opportunities, over-risking, and not cutting losses on time.

Always stay open-minded and prepare for multiple outcomes.

---

2. Take profits anytime.

There's no perfect moment to pay yourself.

You can stay risk-on early in the market while already paying yourself.

Pay yourself more aggressively later in the cycle. You don't need to take 100% at once; do it smartly and over time.

=====
Yes, this post might feel familiar. I mixed a few posts up and reposted it in a different format after receiving about 10 complaints about the previous one.
======

3. There's no system to learn, only your system to develop.

Everyone is different; what works for someone else might not work for you.

Learn a style, build a system and rules based on your personality, and play around with it.

---

4. The study loophole & picking a technique.

It doesn't matter whether it is simple price action, Elliot waves, or indicators.

There's no wrong one, good one, or better one, as long as you master it.

The significant danger here is that people think they are ready to make money after watching a few videos of a style. They jump into the market, lose money, lose confidence in the technique, and move to another.
They start studying another style and make the same mistake.

Pick one, master it, and craft your own system around it.

---

5. Keep things simple.

Please keep it simple; create a simple technique. You don't need to look at a million things.

Looking at a million things means a million potential reasons to get distracted from your initial idea.

---

6. In a bull market, 24/7 online is the best edge.

You stay in tune with the market, narratives, and new opportunities. Many things are happening, and millions of opportunities. It's a PVP game; money isn't magically created -> it moves from someone losing to someone winning.

You can't beat someone who lives and breathes the market. Go harder than the rest if you want to win.

It's worth it to spend twice as much time in the bull window compared to the bear.

---

7. Bet significant early in the cycle and lower risk later.

Most will do it the opposite way; they don't dare to risk hard early but go all in after months of green.

---

8. Cycles change and become more demanding.

2017 - buy any coin on a CEX to win.

2019/2021 - More on-chain -> DeFi, Uniswap, NFTs, the market became meta-sensitive.

In the next cycle, I expect this to increase; the lazy and those looking for comfort will be disappointed.

You need to put in the time, keep paying attention, have an actual plan, and try out new things.

---

9. Surfers mentality.

If the surfer spots a shark, he'll happily miss out on a few waves. He knows there will be more waves.

You can only blow up once, but there will be endless opportunities. You can only enjoy them if you are still in the game.

Never risk it all.

---

10. The cost of winning.

-> Time: I've seen countless people go hard for 1-3 months and then give up soon after. They are not used to putting in much time without results or negative returns.

-> Money: You will fail and lose money, but these will also be valuable and necessary lessons and experiences.

When you start a business, setting up the fundamentals will cost you time and money. You don't expect instant returns.

It's not different in this market.

Set your expectations, accept losing is part of the game and progress, and don't give up.

---

11. Bet more.

The meme gets thrown around constantly.

But to me, it means that it's okay to risk more when you have a triple-A setup, the market is macro-bullish, you have a win streak/edge, or you stumble upon a super opportunity for whatever reason.

Please don't be scared to go hard when it's time.

---

12. The more liquid a market, the more challenging it is.

The more liquid a market, the more big boys will be around and the more people with a sharpened edge.

Illiquid new arenas are inefficient, and gaining an edge is easier.

For example, socialfi, small and new ecosystems, and nfts recently.

Try out new things.

---

13. There's always someone richer than you.

Stop looking at what others have and their PNLs. Focus on you and your progress.

If you focus on others, you'll never be happy, satisfied, or confident.

High changes you'll develop a horrible 'I want to get rich tomorrow' mindset and constantly overisk.

Set small goals, hit them, and become proud and confident. You need to be confident as hell in this game.

---

14. Look for cultish behavior.

Look for cultish meme coins, ecosystems, and nft projects.

The bigger the cult, the bigger the pump.

(oh, and leave when they start killing each other)

---

14. If money flows into simple new ideas, don't hesitate.

The more simple, the more stupid it sounds, the better.

If there's money flowing in, at least check it out.

Don't fade it because you think it's dumb; it's about what the market thinks.

(I thought jpegs on the blockchain were stupid, but they were getting attention, so I decided to participate in the public FLUFs mint; I made 5 figures on my first nft mint.)

---

15. Timing the market right > the quality of the trade setup.

I know many people who don't care about TA; they are just extremely good at sitting on their hands most of the time and jumping in when the market is attractive.

One of the biggest wins most of you guys can make is not being exposed to the market or trades constantly.

There are moments when everything goes up -> go hard -> as soon as this transits in some annoying chop, instantly slow down and don't give back -> win more, lose less, and become more confident.

---

16. Mix TA and FA.

In bear: charts leads.

In bull: Fundamentals leads.

Every coin will go through a bull cycle; FA and narratives will decide how fast and successful it is.

In bear: holding on because of the fundamentals will get you rekt.

In bull: taking profits because your 1D resistance will make you miss out.

---

17. Patience.

- Know when to trade and when to sit on your hands.

Stay patient for the perfect environment when it feels like free money.

Skip the gambles in between.

- If you have a trade idea, it doesn't matter if it's based on TA or FA; don't get impatient when it doesn't instantly move.

Don't chase for another idea and let it play out, or you will keep chasing instead of riding.

- Set small goals, don't try to become rich tomorrow. You'll blow it all.

---

18. You can't do it alone.

Team: Find yourself a team; there's too much to dive into yourself. Work together on a Daily base. (so to my @Altcointraders_ team)

Network: Your network is your net worth. So many opportunities come from building a network. Don't think you do not matter or are too small.

Simply try to give more than you receive, and don't hesitate to reach out.

(My DMs are always open for people who are genuinely trying to learn or add value)

---

19. Stop watching and reading; start failing and trying.

So many are just stuck in silently absorbing content.

Bro, learn the basics and get out there in the arena.

Try, fail, learn, and grow!!

---

20. When you are experienced, trust your gut.

After a while, your gut feeling is literally built upon thousands of hours of experience and will likely outperform retail's gut feeling.

(This tweet feels bad, lol; don't rely on this solely because emotions see their opportunity here)

---

21. Do uncomfortable things.

- Being early means doing things that likely feel uncomfortable. You want to be early.

- Doing uncomfortable things means learning new things.

If you wait until you feel comfortable, you likely wait for months of green to happen first, to jump in late.

Trying out new things pays.

---

22. Trust the market.

People tend to always fade the markets early, to fomo in late.

- If there's a breakout, it's a breakout.

- If there's a bullish trend reversal, it's a bullish trend.

- If money flows into a niche, that niche is interesting.

Believe the market until it proves you wrong.

(It's not accidental that always the moment you enter an Altcoin, while everything has been doing great, the narrative or Altcoin nukes. Bad luck doesn't exist)

---

23. Markets change, and different parts of the cycle pass.

One trading system might work well in one but not in the other. Learn to recognize, accept, and adapt to different market environments.

24. Market structure is key.

Learn the basics.

---

25. Focus.

If you are not winning and feel like you can't keep up with everything, don't try to do everything; focus on one section in this market or one pair and double your focus.

If you are trying to do everything half, you'll end up in the losing majority everywhere, while you need to do one thing very well to end up in the top group that makes money.

---

26. Trust the person who created a plan before the trade, not the person full of emotions while being in a trade.

(this is about you and your plan before the trade and about you and your plan while being in the trade)

---

27. Exchanges are there to trade, not to store money.

Please don't trust any 3rd party with serious funds, regardless of how big and legit they seem.

---

28. Take responsibility.

- The market is never wrong; the market owes you nothing, and there's no fair or unfair. You will not make it out alive if anything frustrates you or you feel like a victim.

- Don't blame anyone else in this market for your losses, but you. It's a PVP market, man up.

---

Thanks for reading, and feel free to drop a follow to ride 2024 with us! 🫡

368

330

60K

puff @puffisop

almost 3 years ago

@WOOnetworkNL @DoopieCash

puffisop retweeted

Emperor👑

@EmperorBTC

almost 3 years ago

Understanding some trading Analysis can be difficult because of Complicated Terms. Must Know Trading Principles and Terms for Trading and Analysis. A Thread. P. S. I will keep Updating this List.

EmperorBTC's tweet photo. Understanding some trading Analysis can be difficult because of Complicated Terms.

Must Know Trading Principles and Terms for Trading and Analysis.

A Thread.

P. S. I will keep Updating this List. https://t.co/SqS0VfPLPb

913

293

943

131K

Who to follow

Tmak

@cryptoTmak

Profitmaxxing #FREEMYTHOS

Chuck Jones

@cfj1

#Bitcoin. Husband & Dad. Ex-Expat. Lover of sports, adventure, friends, family, food, & drink. Give back & pay it forward. Common sense, logic, & reasoning.

Zac Salois

@RealZacSalois

Official Twitter of Zac Salois. Speculator and bow hunter.

puff @puffisop

over 3 years ago

shadowlands is echt een kk expansion

puff @puffisop

over 3 years ago

@clemz_eth same only low %

puffisop retweeted

Nick Schmidt

@NickSchmidt

almost 4 years ago

If there is a holy grail in trading, this is it:

323

puffisop retweeted

Leviathan

@leviathancrypto

about 4 years ago

Good morning! I am preparing an educational thread about my trading strategy on how to make high probability entries based on Monday’s price moves. 300 retweets and I post it.

229

120

puff @puffisop

about 4 years ago

@GEMKINGG Kom maar door bro! Samen gaan we voor goud!

puffisop retweeted

GEM KING👑

@GEMKINGG

about 4 years ago

Was gonna give away a free month to the exclusive channel.. looks like market is rekt as 1 dm came in this time while normally filling within an hour😅 How manny people are still active? I’ll pick 1 person to join who likes/retweets this within 2 hours. Notification squad👑