1month/Long Term View/#BTC/"have we been in a uptrend for a yr..
we have been in a sustained uptrend with Bitcoin for about a year. Ya, it has not always felt like it as most ALTs retraced 70-90% but hey such is crypto. The reality is we all come here for Lambos and Rainbows but we stay for the volatility. If you just buy dips ya that can work but need the bottom and these 30 and 20 percent pumps that always re trace when the market aint red hot are bread and butter.
Keys to remember/
>its a funnel with BTC and ETH the bottleneck. All liquidity flows through, or follows depending on what general theory makes sense to you, BTC and ETH (Dad and Mom) also most derivative trading or long and short positions are secured with ETh and BTC mostly WBTC & BTC.
>Find a way to look for whatever "MARKET SINGLES" make sense to you and yours. Try to keep it somewhat simple: pick your targets and take profits while always ruthlessly cutting off losers. Dont spread to thin on to many different venues or trading platforms so you can always move quickly. Remember when you are scrambling to make a move so is the rest of the market so ya its def a race in some situations/like TOPS.
Rite now i want to trade 10 diff ALTs at a minimum.(last cycle at one point I had over 20 ALT positions, market swelled , eth gas prices went crazy and i was for the most part stuck like chick if not on a centralized exchange >most deep market cap ALTs are not, or at least not on an centralized exchange we can access in the STATES./I also would sell to early or jump around to much >example: i had ENJ at 9 to 12 cents and MANA at an average of 6 to 9 cents/) I know trade some BTC ETH and 1 to 3 ALT positions. One to 3 on Crypto . com and ZKS ETH and BTC on ZKS Layer2 DEX (cheep decentralized swaps)
ANYways food for thought. try and find a style that works for your time and lifestyle x your current regional trading laws x market understanding. Take what you like from others and dont copy but take what works for you and make it your own.
>If you do want to a set and forget. My recommendation is TraderMayne on Twitter or X. free content / real trades/ he is an open book which is almost never the case ie hidden motives... this guy came up last bull run and now is just chillen, doing content, so take advantage. when I am dumb busy I shamelessly copy trade his content.
G00d Luck All Lif3 Forms
//:HGM0Ut_
Keys to remember/
>its a funnel with BTC and ETH the bottleneck. All liquidity flows through, or follows depending on what general theory makes sense to you, BTC and ETH (Dad and Mom) also most derivative trading or long and short positions are secured with ETh and BTC mostly WBTC & BTC.
>Find a way to look for whatever "MARKET SINGLES" make sense to you and yours. Try to keep it somewhat simple: pick your targets and take profits while always ruthlessly cutting off losers. Dont spread to thin on to many different venues or trading platforms so you can always move quickly. Remember when you are scrambling to make a move so is the rest of the market so ya its def a race in some situations/like TOPS.
Rite now i want to trade 10 diff ALTs at a minimum.(last cycle at one point I had over 20 ALT positions, market swelled , eth gas prices went crazy and i was for the most part stuck like chick if not on a centralized exchange >most deep market cap ALTs are not, or at least not on an centralized exchange we can access in the STATES./I also would sell to early or jump around to much >example: i had ENJ at 9 to 12 cents and MANA at an average of 6 to 9 cents/) I know trade some BTC ETH and 1 to 3 ALT positions. One to 3 on Crypto . com and ZKS ETH and BTC on ZKS Layer2 DEX (cheep decentralized swaps)
ANYways food for thought. try and find a style that works for your time and lifestyle x your current regional trading laws x market understanding. Take what you like from others and dont copy but take what works for you and make it your own.
>If you do want to a set and forget. My recommendation is TraderMayne on Twitter or X. free content / real trades/ he is an open book which is almost never the case ie hidden motives... this guy came up last bull run and now is just chillen, doing content, so take advantage. when I am dumb busy I shamelessly copy trade his content.
G00d Luck All Lif3 Forms
//:HGM0Ut_