do u think its early in the cycle or late in the cycle when teams are buying kanye wests twitter for 20m to launch a shitcoin
risk manage so the mkt doesnt manage for u
Day 11 to 15: Decided to take a break and do a bit of paper trading with a different strategy
Seems to work well but it's not as exciting as finding coins about to migrate and getting in early
There are two strategies I think will work well in this current market
1 - Getting in early and taking your 2x out right away
2 - Post dump, buying & taking a 2-3x
Another wild day, where something would usually shoot up after bonding, things are just dying
Very hard to make calls atm and needs a very different strategy to the one I've been using the last few days
Also I've been able to get away with being riskier before because a coin will 10x pretty easy
That means even if you get in a bit late, you can usually 2-3 x but now you're buying at the very top
I lost half my profits of the week, so that really sucked but it was my own fault for ignoring the meta conditions
People are being a lot more hesitant in the market after Argentina
I was pretty busy yesterday, the trenches were awful. It was day 8 and lost my biggest amount ever
Made a lot of stupid calls & decisions instead of waiting for a dip. Thinking things were going to blast when they didn't
You can get away with this when the markets hot but on slower days, you really have you choose you entry very carefully and watch the charts closely
It was a tough but important lesson yesterday
Day 9
So let me get this straight, even governments are rug pulling us now?
I know they con us anyway, 8 billion to build a railway but this is just blatant...