The prices of major crypto assets such as $BTC and $ETH are heavily correlated with the S&P 500. Many newcomers are confused by the various tickers associated with S&P 500 such as $SPX $SPY $ES and shy away from the space altogether.
Let's get more comfortable with them.. ๐งต
@Crypto_Chase I hope people listened to you and took profits. My first go around I roundtripped everything from early 2017 til 2021. Tried to warn friends but you really gotta get rekt on shitcoins to learn this lesson it seems.
@ShortBaggie @greyboxtrades But doesnโt this exact same thing happen in the stock market? We trade small caps, theyโre all fraudulent. Itโs all algo manipulated. Even huge stocks. Shorts are being trapped, longs are, etc. I get CT is annoying but trading stocks made me realize it ainโt that different.
@daytradingzoo Dude you and me both. I scalped some eth from 1440 to 1490. Didnโt like the deviation above 1500 then dipping right under again. Iโm thinking $1235 is where iโll start getting spot to flip
@daytradingzoo Damn OMG, NEO, FUCK token. Serious PTSD hodling hoping theyโd bounce. I agree, if anyone wants to hold onto Crypto during the bear market holding onto BTC is the only option because you could buy every alt coin on sale once the trend reverses.
Old market: make a mistake, it's okay, it's gona take the afternoon and tomorrow to make it back.
This market: make a mistake, it's okay, there might be an opportunity next year.
@Jonk87 Weโre too tired from nothing happening that when something does happen we just want to shut our computers down and sleep forever. โI did a trade, still red on the year, Iโm fully dead inside. End tweet.โ
No trades this week. It feels like the new normal and Iโm okay with that. Important to have other hobbies and streams of income as the market is in flux. Iโd rather avoid the chop and not force plays ๐งโโ๏ธ๐๐
@Captain_Kole1 I still donโt think weโre there. You got @stablekwon still defending ponzi and people believing it. Capitation is a month or two away when they stop believing.
If you follow crypto this dudeโs analysis has time and time been correct. He accounts for all markets to make some of the cleanest, no bull crap TA Iโve ever seen. Follow him. You will learn so much.
๐๐ง๐๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ๐ฌ
โขMarket analysis on $BTC $ETH #altcoins and equities.
โขDiscussing the Fed, their goals, and how CT views them vs. the average person suffering to make ends meet.
RT appreciated
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