Pinned Tweet
I'm going to use this pinned tweet as a thread to share some of my profit withdrawals to the bank; to lock in the profits from the market.
We've all seen countless people share tweets of PnL, but I've never actually seen anybody share a single screenshot of a withdrawal to their years I've been on twitter.
This is the most important part... This is why we're here: To make money. Until it hits the bank account its just arbitrary numbers on a screen.
Crypto is an incredible space, I wouldn't be in this position without it. But it's also incredibly volatile and one wrong move can wreck someones portfolio. Bank withdrawals are a hedge against that.
There's truly no better feeling than to lock in hard earned profits you've made.
Withdrawal #1: $150k USD
We've all seen countless people share tweets of PnL, but I've never actually seen anybody share a single screenshot of a withdrawal to their years I've been on twitter.
This is the most important part... This is why we're here: To make money. Until it hits the bank account its just arbitrary numbers on a screen.
Crypto is an incredible space, I wouldn't be in this position without it. But it's also incredibly volatile and one wrong move can wreck someones portfolio. Bank withdrawals are a hedge against that.
There's truly no better feeling than to lock in hard earned profits you've made.
Withdrawal #1: $150k USD
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Started longing BTC and ZEC. Think we are getting close to a climax
It’s important not to get totally bear holed, you guys wanted a dip and you got it
It’s important not to get totally bear holed, you guys wanted a dip and you got it
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Gold retweeted
We’re only about 17% off $BTC local highs. It feels worse because sentiment is getting destroyed, fear and greed already at 29 and heading back toward extreme fear.
Put the fundamental noise and bias aside for a second and force yourself to look at it without the emotion and the picture changes a bit.
price action is tracking the same pattern we saw coming out of 2018 and 2022. Impulse, consolidation, then a 20-25% pullback before the next leg up.~@Gold_Cryptoz
Stick in there, come trade with us: discord.gg/FgP75YjFy
Put the fundamental noise and bias aside for a second and force yourself to look at it without the emotion and the picture changes a bit.
price action is tracking the same pattern we saw coming out of 2018 and 2022. Impulse, consolidation, then a 20-25% pullback before the next leg up.~@Gold_Cryptoz
Stick in there, come trade with us: discord.gg/FgP75YjFy
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It’s pretty unreal seeing those believing in a trade get punished again and again and again. If you hold for even a moment too long you are faced with roundtrips. For me these were marscoin and asteroid.
And that’s one of the biggest lessons to take away, is that you cannot just hold and believe these days. Even if the fundamentals are great and everything lines up.
None of this matter anymore and hasn’t mattered since 2021
And that’s one of the biggest lessons to take away, is that you cannot just hold and believe these days. Even if the fundamentals are great and everything lines up.
None of this matter anymore and hasn’t mattered since 2021
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Very, very happy with my aggressive offramping during periods of strength.
It has once again saved me from losing unnecessarily during times like now
Stick to the plan when you don’t feel like it
It has once again saved me from losing unnecessarily during times like now
Stick to the plan when you don’t feel like it
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We have to go by what info we are given, and now things are looking increasingly worse. I am in fully wealth preservation mode, and advise others to also be in a similar position. Only have 10-20% of total capital in crypto. I would have absolutely zero on-chain exposure.
Taking anything here feels like a waste of mental energy. All alts are stale to me, again ZEC being the only one I would consider taking on a move sub $1k
Things feel very 'off' to me right now. It's a matter of time until we are directly affected by AI or quantum. Because it WILL happen.. we just don't know when. The BTC developers are doing absolutely nothing in trying to create a roadmap for quantum resistance. So now my thinking is, 'why would someone with decent capital want to park capital into the most risk-on, highest speculative asset on earth right now?'.. And I can't really think of one.
In big news for myself, I have also sold my entire stack of longterm bitcoin that I have held for multiple years. I think likely what I will do is rotate that out of crypto and into property - where it will be immune from AI hacks or quantum breakthrough
In saying all of this, there will be plays in between. Just on a shorter timeframe than before. This is where leverage will be your friend.
It's incredibly disappointing because I had such high hopes for us to push into the end of the year. But at this point the chances of a q4 push - in my view - is rapidly deteriorating.
Taking anything here feels like a waste of mental energy. All alts are stale to me, again ZEC being the only one I would consider taking on a move sub $1k
Things feel very 'off' to me right now. It's a matter of time until we are directly affected by AI or quantum. Because it WILL happen.. we just don't know when. The BTC developers are doing absolutely nothing in trying to create a roadmap for quantum resistance. So now my thinking is, 'why would someone with decent capital want to park capital into the most risk-on, highest speculative asset on earth right now?'.. And I can't really think of one.
In big news for myself, I have also sold my entire stack of longterm bitcoin that I have held for multiple years. I think likely what I will do is rotate that out of crypto and into property - where it will be immune from AI hacks or quantum breakthrough
In saying all of this, there will be plays in between. Just on a shorter timeframe than before. This is where leverage will be your friend.
It's incredibly disappointing because I had such high hopes for us to push into the end of the year. But at this point the chances of a q4 push - in my view - is rapidly deteriorating.
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It goes without saying that I'm now flat, the negative is that I roundtripped multi 6 figures in profit, the positive is that I still exited for a profit and made back losses on the month so am now flat in terms of PnL
Honestly, I have no idea what happens next in the short term and to me I feel very uncertain. When I feel like this I will sit and do nothing until things become clear.
One thing I will say is that after such a drop on equities, I don't expect a V reversal. Many of these big names are breaking structure in quite a significant manner. Even if it is the bottom for equities, there will need some time.
With crypto, there is absolutely nothing on my radar. No interesting alt aside from Zcash.. Even then.. after exiting I would prefer to watch and wait. Everything feels stale and overdone.
The last quarter has been incredible, I intend to keep it that way without bleeding back gains. And once again, the main thing that saved me was my aggressive profit withdrawals to the bank
Stay safe, its okay to do nothing and wait for clarity
Honestly, I have no idea what happens next in the short term and to me I feel very uncertain. When I feel like this I will sit and do nothing until things become clear.
One thing I will say is that after such a drop on equities, I don't expect a V reversal. Many of these big names are breaking structure in quite a significant manner. Even if it is the bottom for equities, there will need some time.
With crypto, there is absolutely nothing on my radar. No interesting alt aside from Zcash.. Even then.. after exiting I would prefer to watch and wait. Everything feels stale and overdone.
The last quarter has been incredible, I intend to keep it that way without bleeding back gains. And once again, the main thing that saved me was my aggressive profit withdrawals to the bank
Stay safe, its okay to do nothing and wait for clarity
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The AI trade is done for the mid term now that democrats have swept the entire government. They also now have Texas which is where something like 28% of all data centers are in the US.
The AI trade was a big reason why crypto wasn't getting a bid despite some of these stocks putting in multi x's over a short period of time.
Now that this trade is over, I think crypto is now back in the drivers seat for when it comes to 'risk appetite' and people looking where to put their money into next.
The AI trade was a big reason why crypto wasn't getting a bid despite some of these stocks putting in multi x's over a short period of time.
Now that this trade is over, I think crypto is now back in the drivers seat for when it comes to 'risk appetite' and people looking where to put their money into next.
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Gold retweeted
$BTC back above 80k yet again after absorbing the biggest hack in crypto history and the midterms. Still higher.
That pretty much tells you everything you need to know.
We’re in from the lows..no reason to touch these positions, now we watch.
There is still plenty of disbelief out there, people already fading and exiting. Makes no sense from here.
Long consolidation, range lows defended, bouncing off the 50-week. This is the reaction we wanted to see. Don’t overcomplicate it. Ride what’s on and let the market do the work.~ @Gold_Cryptoz
Join our discord today: discord.gg/6wsxaE6nU
That pretty much tells you everything you need to know.
We’re in from the lows..no reason to touch these positions, now we watch.
There is still plenty of disbelief out there, people already fading and exiting. Makes no sense from here.
Long consolidation, range lows defended, bouncing off the 50-week. This is the reaction we wanted to see. Don’t overcomplicate it. Ride what’s on and let the market do the work.~ @Gold_Cryptoz
Join our discord today: discord.gg/6wsxaE6nU
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Gold retweeted
My current positions now that the midterms are over and done with:
- zcash:native There's an argument that it's even more bullish for ZCash now that dems have some won power back and the market is leading the way
- $USELESS most reflexive asset. And my highest risk reward bet
- $BTC goes without saying
Now we ride and don't do much in between.
- zcash:native There's an argument that it's even more bullish for ZCash now that dems have some won power back and the market is leading the way
- $USELESS most reflexive asset. And my highest risk reward bet
- $BTC goes without saying
Now we ride and don't do much in between.
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My current positions now that the midterms are over and done with:
- zcash:native There's an argument that it's even more bullish for ZCash now that dems have some won power back and the market is leading the way
- $USELESS most reflexive asset. And my highest risk reward bet
- $BTC goes without saying
Now we ride and don't do much in between.
- zcash:native There's an argument that it's even more bullish for ZCash now that dems have some won power back and the market is leading the way
- $USELESS most reflexive asset. And my highest risk reward bet
- $BTC goes without saying
Now we ride and don't do much in between.
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Gold retweeted
This is the part where you build out your positions and hold into a next swing high without doing much in between.
No breakdown after hack + midterms tomorrow. Then clear skies.
Don't throw in the towel just before the market gets going again
No breakdown after hack + midterms tomorrow. Then clear skies.
Don't throw in the towel just before the market gets going again
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Gold retweeted
Next clear focus is the midterms. You can make a solid case that we bottom into them, especially if the Democrats win. After the last couple of years of chaos, I’m not even convinced that outcome is particularly bearish.
For now the only thing that really interests me is $BTC itself. Not many alts are standing out.
Everyone is scared right now. That’s usually when I want to be on the other side of the herd, however I will be waiting until the market shows its hand and won’t be forcing anything. ~ @Gold_Cryptoz
Stay ahead of the market, come and trade with us: discord.gg/6wsxaE6nU
For now the only thing that really interests me is $BTC itself. Not many alts are standing out.
Everyone is scared right now. That’s usually when I want to be on the other side of the herd, however I will be waiting until the market shows its hand and won’t be forcing anything. ~ @Gold_Cryptoz
Stay ahead of the market, come and trade with us: discord.gg/6wsxaE6nU
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It's been a year of opposites... August and September were the best of the year. Usual seasonality this year is out the window.
Horrible market the last 1~ month to trade, but we need to see how markets react after midterms. Its a big, big day for markets
Horrible market the last 1~ month to trade, but we need to see how markets react after midterms. Its a big, big day for markets
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Now that October is coming to an end it's the time for a monthly PnL update once more!
I started the month of pretty horribly, the majority of this setback came from WLD which put me down $100k in the first week of October.
I realised my mistakes were 1. Oversizing 2. ng to trade the same tokens I had previously lost on (WLD in this case). It's always the some combination of these 3 things.
Once I had made the necessary changes to my trading it all started to turn around. I ended up making back those losses + in profit $165k on the month.
At the peak I was up $210k but I took a PONS loss that set me back a bit. One major theme I notice are the losses vs profits... And immediately AGAIN its the overtrading... Entering half hearted ideas that I don't have real conviction in that would only work in solid conditions. Its my greatest weakness at the moment and something I need to work on ALOT.
Again, if i can just cut those losses in half, that would put me up over another $100k. November is the month I'm really going to try and work on this.
I feel like the second half of this month I have slowed down the trading quite alot.. It's time to continue that into November and really think about the trades I'm entering instead of just ... what feels like hipfiring sometimes.
This marks my 6 profitable month in a row It's been super tough to trade guys. We've been getting hit from all angles. But I just really want you to know that this won't last forever, we will get another leg up.. And I still stand firmly in the bulls camp.
Don't throw in the towel, join the discord here: discord.gg/SEvrCGy4W
I started the month of pretty horribly, the majority of this setback came from WLD which put me down $100k in the first week of October.
I realised my mistakes were 1. Oversizing 2. ng to trade the same tokens I had previously lost on (WLD in this case). It's always the some combination of these 3 things.
Once I had made the necessary changes to my trading it all started to turn around. I ended up making back those losses + in profit $165k on the month.
At the peak I was up $210k but I took a PONS loss that set me back a bit. One major theme I notice are the losses vs profits... And immediately AGAIN its the overtrading... Entering half hearted ideas that I don't have real conviction in that would only work in solid conditions. Its my greatest weakness at the moment and something I need to work on ALOT.
Again, if i can just cut those losses in half, that would put me up over another $100k. November is the month I'm really going to try and work on this.
I feel like the second half of this month I have slowed down the trading quite alot.. It's time to continue that into November and really think about the trades I'm entering instead of just ... what feels like hipfiring sometimes.
This marks my 6 profitable month in a row It's been super tough to trade guys. We've been getting hit from all angles. But I just really want you to know that this won't last forever, we will get another leg up.. And I still stand firmly in the bulls camp.
Don't throw in the towel, join the discord here: discord.gg/SEvrCGy4W
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This is the part where you build out your positions and hold into a next swing high without doing much in between.
No breakdown after hack + midterms tomorrow. Then clear skies.
Don't throw in the towel just before the market gets going again
No breakdown after hack + midterms tomorrow. Then clear skies.
Don't throw in the towel just before the market gets going again
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If the largest hack in crypto history can’t drag BTC below $76k then if you’re a bear you better pray for ww3 to break out for you to get even lower
Major market pivot incoming
Major market pivot incoming
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Many, many people only bearish now. Its like clockwork. ‘You cant trust binance!’ ‘Withdraw now!’
You want to be bearish at range highs, 2 months ago.. here is the wrong place for you to switch bias and become a bear
High odds in my view that the Binance hack provides us with a major market pivot. Watch how price reacts, because so far we are outperforming stocks on a bloodbath day not even 24hrs after the largest hack in crypto history took place.
In a bull market THIS is the sort of thing that bottoms us out, it doesn’t completely change the trend
First time in a while I’ve started bidding with higher timeframe view in mind, now is for building out positions
You want to be bearish at range highs, 2 months ago.. here is the wrong place for you to switch bias and become a bear
High odds in my view that the Binance hack provides us with a major market pivot. Watch how price reacts, because so far we are outperforming stocks on a bloodbath day not even 24hrs after the largest hack in crypto history took place.
In a bull market THIS is the sort of thing that bottoms us out, it doesn’t completely change the trend
First time in a while I’ve started bidding with higher timeframe view in mind, now is for building out positions
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There’s no need to rush back into the market so soon after this hack by trying to find fresh plays, you should let the dust settle before deploying any capital
If there’s anything we know from the past is that it takes time before we know the full picture and an even longer time before the market digests a hack of this magnitude
If there’s anything we know from the past is that it takes time before we know the full picture and an even longer time before the market digests a hack of this magnitude
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