Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
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Forwarded from unfolded.
Upcoming Bitcoin spot ETF decisions. Bloomberg Intelligence estimates a 90% chance approval by Jan 10 — link
Spot Bitcoin ETF Excitement Hits Main Street, Google Search Indicates - CoinDesk
weekend grass touching but was thinking bout the current market pa

lots of bullish news + ct shouting up, is this it?

i'm still of the view that we'll head back down for now. am i just in disbelief (final stage of the market cycle) ?

one of the challenges as an investor is to be able to stick to your theses without getting influenced by the majority. how high is the conviction here?

will i miss out on some gains if the market moves up from here? yes. i'm not fully deployed + swing shorting.

net gain or loss? still a net gain since my bags are of a much greater size

read a thread awhile back about how most people try to time the first three and the last three days (?) of a cycle. basically trying to time the bottom and sell the peak. most get burned doing so -> -EV to try

think i'll maintain my position for now and join the run late if needed, because there will still be a good 90% of the move up to capture

tbc.
cont'd

while i still aim to deploy most of my remaining port at the lowest cost price, i have started to dca bits of the remaining stables because idw to be an underallocated lil bitch after spending all my days scrolling ct

also, if i'm expecting 3-4x moves in the next 6-18 months, why am i sweating over trying to buy in 10% cheaper?

finally, as GCR said, its better to be aggressive early in the cycle and risk off as the market moves up

time to be more aggressive w my bags in '23 and enjoy '24/'25
the current run up also helps to differentiate the strong performers from the weak

alts that are running hard rn will highly likely do the same in the bull run

the few that I’ve noticed are:
SOL, INJ, LINK, UNIBOT, RLB
(blz lmk what i missed)

pretty sure I missed out others, but don’t fade strength

during the bull market frenzy i expect price to lead liquidity

strong performers up -> normies chase and buy into winners -> further movement up -> repeat
👍3
GM LINK +20% WTF

gmgmgmgmgm to the link accumulatoooors

we are finally breaking out of the range
Forwarded from Wu Blockchain News
In the past 24h, LINK has risen by more than 18%, making it the token with the highest increase among the top 15. The spot trading volume is mainly concentrated in BIKA, Binance and Topcredit Int, but BIKA and Topcredit Int are less credible. The trading volume of LINK contract in the past 24 hours reached 2.3 billion. — link — link
although i have a low cost price for $LINK, i will be adding more on the retest of the consolidation range high ~$9

will be more aggressive in adding

this is just the beginning of the breakout. as mentioned from the start, such accumulations lead to very strong breakouts and it’ll leave sidelinoors behind quickly -> https://news.1rj.ru/str/cryptomumbles/2983

the discounts you wanted will not come again, so play it like darvas box

buy high, sell higher

great to see it finally moving after so long🫡
👍1
it's at times like these that when the whole ct is shouting up up up

you should start looking towards KOLs that are more objective or even bearish ones to get a different POV

listening to a perma bull doesn't help your case here

a broken clock is right twice a day