Shawn Dexter 🥭

Psychology, Mindset, Trend Trading & Investing . From trend-trading profits to long-term wealth. Clear thinking. Real results. @MangoResearch

[Shawn Dexter 🥭 @ShawnDexta]

#Bitcoin Feb 2023

[Tren Griffin @trengriffin]

Coatue's Thomas Laffont on a "Power Law Paradox": a business valued between $100B and $1T (a "Centacorn") has a higher statistical likelihood (31%) of multiplying its value by 10x compared to smaller, earlier-stage unicorns (8%).

[Shawn Dexter 🥭 @ShawnDexta]

Concur

[nicolas, 30 ans @nic_carter]

@cmsholdings this is actually going to be the beginning of the end for passive

[Alex Welch @alexanderwelch]

Agree, the inverse head and shoulders measured move already played out, so at least a retest of the neckline. By the way, your tip on using the new mango dashboard to find trending coins against BTC yesterday was awesome, very small list and easy to spot the out-performers. Cheers

[Shawn Dexter 🥭 @ShawnDexta]

@alexanderwelch Yeah, it reduces the stress of hunting down coins by 99%. Been a game changer for me in this space. Kept me focused on the movers!

[Shawn Dexter 🥭 @ShawnDexta]

Bitcoin 2026… something’s quietly building here.👀

[Shawn Dexter 🥭 @ShawnDexta]

@cryptomanran What you're missing... is that a couple months of trading under $100 is not enough to lead to a death spiral, cause they can simply use that as an opportunity to buyback/retire STRC on the cheap.

Atm, market is betting on the feedback loop going the other way - "growth spiral"

[Shawn Dexter 🥭 @ShawnDexta]

$ZEC setup has aged incredibly well... Where the haters now?

Trend trades reward patience

[Shawn Dexter 🥭 @ShawnDexta]

$ZEC So far, so good... No need to rush it.

[Shawn Dexter 🥭 @ShawnDexta]

$SUI popped hard — unfortunately I missed the trade cause I kept pushing the buy to “later today.” Yet another reminder that execution is the final boss.

Mango Dashboard has been screaming at us to take the long for the past 5 days…

[Shawn Dexter 🥭 @ShawnDexta]

Always a bullmarket somewhere...

Just gotta be vigilant and patient

$QTUM

[Shawn Dexter 🥭 @ShawnDexta]

Sound like a broken record when I harp on about this, but win-rate truly doesn't matter. If you let it get to you you will despise this game. In fact, lower win rate strategies are psychologically more rewarding in the long run.

[Lucky Chart Ape @luckychartape]

Wow I just went through some of the most successful traders performance records, and I can't believe what I found.

Paul Tudor Jones. Net worth $8 Billion
Win Rate: 30% – 45%
Risk-Reward: 5:1

Jim Simons. Net Worth $31 Billion
Win Rate: 50.7% (
Risk-Reward: ~1:1

Ed Seykota. Net Worth $4 Billion
Win Rate: 30% – 35%
Risk-Reward: 5:1 to 10:1

Average X Commenter. Net Worth $0
Win Rate: 100%
Risk-Reward: "What dat mean?"

[Shawn Dexter 🥭 @ShawnDexta]

It doesn't matter if you're right, if you DON'T make money. And it doesn't matter if you're wrong, if you DO make money.

At around $62,000 Bitcoin, I made my first big scale-in, and then increased pace steadily (see attached SS to the community, forgive typos tho!).

Sounds easy in hindsight, but in practice we all know how difficult it is to actually pull the trigger.

What allowed me to do this was that I was more concerned with making money than being right.

Frame: “I'm not sure, so this is how I'm playing it… cause I wanna make money here, and I'm okay being wrong.”

Here’s the twist though… That same uncertainty most people use to not act… is exactly what allowed me to act.

Having the mindset: "I'm not sure, so this is how I'm playing it...because I want to make money here, and I'm okay being wrong". This went hand in hand with "I'm not certain the bear market is over, but it doesn't matter, there's an opportunity to make money here"

[Shawn Dexter 🥭 @ShawnDexta]

@VladTheInflator CT: "Broke resistance..."

[Shawn Dexter 🥭 @ShawnDexta]

Been hearing this naive take a lot recently...

"BTC has only 60% to ATH"

Like that's supposed to be some sort of permanent ceiling...

No.

That's 60% additional gains before blue sky territory. Afterwhich we could have another 200%, 300% etc

[Shawn Dexter 🥭 @ShawnDexta]

@0xaporia Ironically, what makes it so terrible in any practical, actionable sense is precisely what makes it so popular on CT/YT.

[Shawn Dexter 🥭 @ShawnDexta]

Capitalism is not perfect, but it's the best we got.

[Mike Alfred @mikealfred]

@Heccles94 Capitalism does not create wealth.

Entrepreneurs do.

Capitalism is just the best system that enables entrepreneurs to create new things.

All of the tools you use to post this pointless drivel repeatedly were created by entrepreneurs.

Grow the F up already.

[Shawn Dexter 🥭 @ShawnDexta]

As long as a “worse” money exists, people will naturally opt to spend that first (Gresham's Law).

And since Bitcoin is the “best” money, people will rather save it over spending it unless & until there’s no other alternative.

[Airbtc @Airbtconline]

If Bitcoin is money…
Why aren’t more people spending it?

[Shawn Dexter 🥭 @ShawnDexta]

The issue here is that the argument starts with altcoins, then uses Bitcoin as the example. That logic doesn’t carry over. They behave very differently across cycles. Altcoins absolutely DO go down 99% multiple times; and most don't recover. Been here since 2016, and the top 100 changes every cycle.

[nicolas, 30 ans @nic_carter]

Elliptic curve cryptography is on the brink of obsolescence. Whether it’s 3 or 10 years; it’s over and we need to accept that

The only thing that matters is how quickly blockchain developers recognize that they need to bake in cryptographic mutability into their networks

This of course requires an entire reimagining of how these systems work. Today the crypto is hardcoded in. That will have to change

ETH people have already figured this out. Everyone else seems to be petrified in fear. Unless something changes quickly ETHBTC will start to reflect the divergence in prioritisation

[Shawn Dexter 🥭 @ShawnDexta]

Played out perfectly - even made it's way down to the 12h Kijun as expected. 👌🎯

[Shawn Dexter 🥭 @ShawnDexta]

As expected, Bitcoin getting rejected at the bottom of the cloud.

In yesterday’s daily vid, we talked about how this kind of initial rejection was possible -- while still keeping a move toward $95K in play.

Vid link in the comments.