DiveInDefi
Slow bleed over the weekend. Golden pocket broken. Need to find support asap. A short squeeze is possible but looking at this picture, a 60k retest looks most likely of these options. I expext an extremely volatile week ahead. Make use of it and don‘t…
What I mean with don't fomo/panic:
- In my opinion, before you buy/sell anything, you should ask yourself: Would I short or long this asset.
What you want to do (longer-term view) is zoom out and and then make a Risk/Reward assessment
Taking the example of LDO:
Is the risk here higher to short or long?
My answer is easy: long here unless we break this long-term uptrend again and get a retest from below. This is where I would (panic) sell.
As long as we are above and only get wicks below, I am totally chill holding this.
- In my opinion, before you buy/sell anything, you should ask yourself: Would I short or long this asset.
What you want to do (longer-term view) is zoom out and and then make a Risk/Reward assessment
Taking the example of LDO:
Is the risk here higher to short or long?
My answer is easy: long here unless we break this long-term uptrend again and get a retest from below. This is where I would (panic) sell.
As long as we are above and only get wicks below, I am totally chill holding this.
DiveInDefi
What I mean with don't fomo/panic: - In my opinion, before you buy/sell anything, you should ask yourself: Would I short or long this asset. What you want to do (longer-term view) is zoom out and and then make a Risk/Reward assessment Taking the example of…
Would you short or long WIF?
I would say neither. I would have shorted (or sold if I held some spot) after it did 1500% up.
As I am personally not a big fan of WIF, I wouldn't spot buy anything anyhow here. On the other hand, I wouldn't sell/short it as well. This is a coin that has no good risk/reward here. It basically is a gamble to buy/sell here.
Spot wise, I would accumulate it at the 0.6$-1.1$ range.
My best advice I can give: Before you trade out of a gut feeling, which essentially is fomo/panic, get a fundamental analysis and make yourself some rules how you act and then act.
For me and this (bull)run, I decided to accumulate and hold until prices get crazy. The only coins I have been seeing going crazy are basically BTC, SOL, TIA, INJ, WIF and a few other small shitcoins. These are the only ones I would sell/would have sold on this uptrend if I had held any.
As I am basically never selling any of my btc fractions just to not repeat my mistakes from the past, I haven't sold anything yet.
I would say neither. I would have shorted (or sold if I held some spot) after it did 1500% up.
As I am personally not a big fan of WIF, I wouldn't spot buy anything anyhow here. On the other hand, I wouldn't sell/short it as well. This is a coin that has no good risk/reward here. It basically is a gamble to buy/sell here.
Spot wise, I would accumulate it at the 0.6$-1.1$ range.
My best advice I can give: Before you trade out of a gut feeling, which essentially is fomo/panic, get a fundamental analysis and make yourself some rules how you act and then act.
For me and this (bull)run, I decided to accumulate and hold until prices get crazy. The only coins I have been seeing going crazy are basically BTC, SOL, TIA, INJ, WIF and a few other small shitcoins. These are the only ones I would sell/would have sold on this uptrend if I had held any.
As I am basically never selling any of my btc fractions just to not repeat my mistakes from the past, I haven't sold anything yet.
DiveInDefi
Would you short or long WIF? I would say neither. I would have shorted (or sold if I held some spot) after it did 1500% up. As I am personally not a big fan of WIF, I wouldn't spot buy anything anyhow here. On the other hand, I wouldn't sell/short it as…
(On TIA/INJ/DYM I have started accumulating at the dips here)
DiveInDefi
(On TIA/INJ/DYM I have started accumulating at the dips here)
$TIA
Absolutely something I am buying on bloody days
Absolutely something I am buying on bloody days
DiveInDefi
Would you short or long WIF? I would say neither. I would have shorted (or sold if I held some spot) after it did 1500% up. As I am personally not a big fan of WIF, I wouldn't spot buy anything anyhow here. On the other hand, I wouldn't sell/short it as…
Let me add to this to be even clearer:
There is such thing as a "no trade zone" or in my case for my long-term bags a "no accumulation zone"
If you have an asset like WIF with a low entry: good, hold it until it either hits your take profit/crazy pump zones where it doesn't make to keep holding it. Or it hits a zone where you think it will just keep going lower, here you take a stop loss/low take profit.
If you don't hold it: also good, you don't fomo into it. You set your buy zones and accumulate. You can also enter if you see a clear uptrend continuation is coming. Unless it goes above this entry or hits the lows you are looking at, you simply don't do nothing. Do not overtrade in such a volatile market (leverage scalping is something else of course)
There is such thing as a "no trade zone" or in my case for my long-term bags a "no accumulation zone"
If you have an asset like WIF with a low entry: good, hold it until it either hits your take profit/crazy pump zones where it doesn't make to keep holding it. Or it hits a zone where you think it will just keep going lower, here you take a stop loss/low take profit.
If you don't hold it: also good, you don't fomo into it. You set your buy zones and accumulate. You can also enter if you see a clear uptrend continuation is coming. Unless it goes above this entry or hits the lows you are looking at, you simply don't do nothing. Do not overtrade in such a volatile market (leverage scalping is something else of course)
DiveInDefi
Slow bleed over the weekend. Golden pocket broken. Need to find support asap. A short squeeze is possible but looking at this picture, a 60k retest looks most likely of these options. I expext an extremely volatile week ahead. Make use of it and don‘t…
Current Daily looks so good. I hope we close the Daily here with this juicy hammer candle 👀
DiveInDefi
Still holding all my $COIN. As long as we are above this important support, I won't sell.
Coinbase $COIN earnings this week.
This will be the first earnings with the ETFs included.
Billions of volume, most was done on Coinbase. I have no clue how much they make of fees. The earnings will be very interesting.
This will be the first earnings with the ETFs included.
Billions of volume, most was done on Coinbase. I have no clue how much they make of fees. The earnings will be very interesting.
Sucks so much my fiat is not rdy yet to add to my spot bags. So many alts on good supports here looking very ver ready
👍1
DiveInDefi
BTC UP
I can be wrong on this one ofc. But I get the bottom moon gut feeling rn. It usually is right.
But biggest reason I feel bullish is because BTC held 60, first small downtrend is broken.
Hammer candle daily above golden pocket.
SPX did a decent bounce
But most importantly: everyone is giga rekt (including me but I dont care), radio silence, first ppl give up and we literally have alts sitting at or even below their BTC 15k bottom.
People are afraid and this is when you get bullish. Not when a dog wif hat just made 1000x
Hammer candle daily above golden pocket.
SPX did a decent bounce
But most importantly: everyone is giga rekt (including me but I dont care), radio silence, first ppl give up and we literally have alts sitting at or even below their BTC 15k bottom.
People are afraid and this is when you get bullish. Not when a dog wif hat just made 1000x