Forwarded from Radiant
"if i my account gets zeroed out i take it as a sign of destiny and will close my perp trading arc forever"
nah you won't. I have definitely learned alot from watching ur trades though, u criticize ur offense alot but imo winning in crypto is mainly about a strong defense, its how i was able to multiply my account and not get fucked. In a bullish market u performed well, better than alot of CT not because u bidded better, in fact alot of ur bids were late, but because ur defense was really really strong the gains you made, whether or not u got in late, u kept most of it while ppl who got in earlier than u drank the koolaid and round tripped their gains, some of these guys are still holding now -90% down while u moved on to the next ride. You were really good at hopping off before a major correction or crash. Just like you did with BTC. Imo if there is a strategy to ensuring one does above average in crypto its simply that, wait for easy mode (macro catalyst that pushes btc) bid strong charts and stack smaller gains, take the liquidity before someone takes it from you, then wait for another ride to appear there is always another one. now that the market isnt bullish its been clapping people with weak offense and a lack of patience, however we will bottom eventually, MM crypto caught the btc bottom and made 10+ million in one trade, but he got liquidated a few times and lost 400k before he caught it, but he eventually caught it, something to think about to bottom catchers its definitely possible but comes with pain
nah you won't. I have definitely learned alot from watching ur trades though, u criticize ur offense alot but imo winning in crypto is mainly about a strong defense, its how i was able to multiply my account and not get fucked. In a bullish market u performed well, better than alot of CT not because u bidded better, in fact alot of ur bids were late, but because ur defense was really really strong the gains you made, whether or not u got in late, u kept most of it while ppl who got in earlier than u drank the koolaid and round tripped their gains, some of these guys are still holding now -90% down while u moved on to the next ride. You were really good at hopping off before a major correction or crash. Just like you did with BTC. Imo if there is a strategy to ensuring one does above average in crypto its simply that, wait for easy mode (macro catalyst that pushes btc) bid strong charts and stack smaller gains, take the liquidity before someone takes it from you, then wait for another ride to appear there is always another one. now that the market isnt bullish its been clapping people with weak offense and a lack of patience, however we will bottom eventually, MM crypto caught the btc bottom and made 10+ million in one trade, but he got liquidated a few times and lost 400k before he caught it, but he eventually caught it, something to think about to bottom catchers its definitely possible but comes with pain
👍6
Outcome bias (Resulting)
https://unconsciousagile.com/2024/07/07/outcome-bias.html#:~:text=Resulting%20is%20a%20cognitive%20bias,raingear%2C%20that's%20a%20rational%20decision
https://unconsciousagile.com/2024/07/07/outcome-bias.html#:~:text=Resulting%20is%20a%20cognitive%20bias,raingear%2C%20that's%20a%20rational%20decision
Unconscious Agile
Outcome bias (Resulting)
When I first read How to Decide: Simple Tools for Making Better Choices by Annie Duke, one of my biggest aha moments was from what she calls Resulting and is more formally known as Outcome Bias.
Forwarded from Zoomer News
Forwarded from Zoomer News
White House Crypto Summit On March 7th To Include Prominent CEO's, Founders and Investors As Attendees: Daily Wire
🔗 velo.xyz
🔗 velo.xyz
Forwarded from Tree News (Tree News Bot)
President Trump: Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA: Truth Post
Truth Social
Donald J. Trump (@realDonaldTrump)
A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that…
Forwarded from Zoomer News
TRUMP TO MOVE FORWARD ON CRYPTO STRATEGIC RESERVE THAT CONTAINS XRP, SOL AND ADA: TRUTH SOCIAL
🔗 velo.xyz
🔗 velo.xyz
anyw, about to fly off to explore the world
will just hold whatever i’ve been slowly scaling like hype, jup, a small bag of yapster, etc
still majority stabled
will just hold whatever i’ve been slowly scaling like hype, jup, a small bag of yapster, etc
still majority stabled
🔥9
Forwarded from Zoomer News
Forwarded from Zoomer News
Forwarded from infinityhedge
Crypto Czar David Sacks: President Trump has announced a Crypto Strategic Reserve consisting of Bitcoin and other top cryptocurrencies. This is consistent with his week-one E.O. 14178. President Trump is keeping his promise to make the U.S. the “Crypto Capital of the World.” More to come at the Summit.