1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

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Sbp

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Koichos said:
Today’s trade was $55,000 margin at 50x leverage for a $2,750,000 position. I typically stay within 2-4% of the account balance per trade. The other 3 were ~$40,000 margin.
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Did you start out at 50x leverage or did you start low and then increase once in profit?
 
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Koichos

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Sbp said:
Did you start out at 50x leverage or did you start low and then increase once in profit?
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Yeah.. but remember I’m on cross. I wouldn’t dare open a position with that high a leverage on isolated and risk being liquidated on a 2% move.

Now if I were trading SUI or SOL it would be on isolated, at 5x, with leverage being increased by multiples of 15, after profit growth, until 50x.
 
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Koichos

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⭐⭐⭐⭐⭐ said:
Bitcoin has proven that time in the market > timing the market
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For legacy, fine. But you’re cutting yourself short by doing so with BTC considering that it follows a replicable halving for which the tops, bottoms, and retracements therein are cyclical. Even for multi-year investing it is far more lucrative to sell the post-halving tops (Q4 2017, 2021, 2025) and buy the bear-market bottoms (Q4 2018, 2022, 2026) than to hold through the ~80% market-wide end-of-cycle retracements. The 4-year cycle is handed out on a golden platter so take advantage of it and its compounding power.

2013 top to the bottom = 86% retracement (break even, 2017)
2017 top to the bottom = 84% retracement (break even, 2020)
2021 top to the bottom = 78% retracement (break even, 2024)
2025 top to the bottom = ??% retracement (break even, ????)

If you bought BTC in Q4 of post-halving years you would have had to wait 3 years just to break even...

As far as trading, you can make money on the way up (long) or the way down (short), ‘hodlers’ cannot.

Koichos said:
Traditionally, the market goes up for 18 months after the halving

6 months pre-halving to 18 months post-halving - uptrend
then 1 year down, 1 year chop
...until proven otherwise
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Koichos said:
Here is what I do:
  1. Take profit on all my BTC and ETH spot holdings by November of post-halving years and convert them to USDC - 2025
  2. Send USDC to Coinbase for their APY rewards (*after accounting for taxes, of course! and sit on it until next Q4) - 2025
  3. Lump sump at the bottom of the bear, Q4 of the following year (396 days from the peak of post-halving bull runs) - 2026
  4. DCA at least 3 months after the halving (882 days from the peak of the bull run to the next halving in every cycle) - 2028
  5. Lump sump once again, this time before the presidential election (BTC has yet to dip below its election day price) - 2028
Rinse and repeat – sell Q4 of post-halving (2029), lump sump Q4 bottom of the bear (2030), DCA after the halving (2032), lump sum before the election (2032)...

Passive, long-term earnings: I hold BTC and ETH on spot, for 3 years - from the bottom of the bear (2014, 2018, 2022) to the post-halving top (2017, 2021, 2025)
Active, short-term earnings: I trade BTC and ETH perpetuals 1-3 days a week, year-round, and convert a portion of those earnings (paid out in USDT) into USDC

Create a plan, execute that plan, and don’t forget to pay yourself on the way up. You’ll thank yourself later.
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Gloxina

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In The Zone '98 said:
You don't have enough XRP

Put another thousand it
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That’s what I needed to hear :wow:




Are we sure these ISOs are moving like we expect Nov - 2026? I know we’re holding those. But I have my eyes on some coins I know will move when things blow lolol
 
In The Zone '98

In The Zone '98

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Gloxina said:
That’s what I needed to hear :wow:




Are we sure these ISOs are moving like we expect Nov - 2026? I know we’re holding those. But I have my eyes on some coins I know will move when things blow lolol
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They gonna move when the market conditions allow them to move

The market is going to $100T. November of this year isnt the end all be all
 
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Gloxina

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In The Zone '98 said:
They gonna move when the market conditions allow them to move

The market is going to $100T. November of this year isnt the end all be all
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No I know that. I mean, when the market crashes again and we’re in the bear market, will the ISOs crash too and we get new re- entry prices, or will they stay and keep moving up.

If I can drop 5K on coins that I can flip in this run and buy in later, with more, that’s my move. If I’m dropping 5K and waiting for things to climb slowly over the next few years as we wait for adoption …that’s not the move lol

I’m still buying ISOs, but what is happening in this short time window is a big factor.
 
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