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

Koichos

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Alt season Late Sept to early Dec ?
:yes: There are rumors of a possible third rate cut, in December (September, October, December), but I still think the top will be in some time between October and November.

‘Alt season’ just means that ETH and others are consistently outperforming BTC. Over the past 90 days, 20 out of the top 50 coins have done so. In June it was 9; in July, 19.

And what’s your guess on ETH prices during those later time frames?
$7-8k (per the butterfly harmonic pattern), but I will begin dollar-cost averaging out of my ETH at $6,500 or October, whichever comes first.
 

Koichos

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@Sccit look at what I come back to.. always on a shabbat or a hag! I set a TP at $4,323 on an ETH long before shabbat and looks like it hit just after s'udah sh'lishіt! 🍷🍞

HwFJOIZ.png
 

The Plug

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I've not been in this crypto shyt for long, just a year. Been using Gemini and ChatGPT to help learn a lot and optimize. I've for >2k in it now with >$600 in returns. That's fine, but, I know coli brehs making way more than that with crypto.

Today, I started using the custom alerts heavier to get alerts when my main 5 crypto go above/below a certain price and then already did 5 limit sells for each of them. That's BTC, ETH, ARB, LINK, SOL. I purchased small INJ & SEU last night.

Two of those limit sells filled for ARB & SOL this morning.

Right now I'm just putting a little money into this. Is this fine? Or should I explore other types of crypto? I'm certain you can get more quickly from it.
 

Koichos

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I've not been in this crypto shyt for long, just a year. Been using Gemini and ChatGPT to help learn a lot and optimize. I've for >2k in it now with >$600 in returns. That's fine, but, I know coli brehs making way more than that with crypto.

Today, I started using the custom alerts heavier to get alerts when my main 5 crypto go above/below a certain price and then already did 5 limit sells for each of them. That's BTC, ETH, ARB, LINK, SOL. I purchased small INJ & SEU last night.

Two of those limit sells filled for ARB & SOL this morning.
You’re off to a great start. 30% ROI is nothing to scoff at regardless of principal. Have you started charting and drawing your own support (buy) and resistance (sell) levels?



Right now I'm just putting a little money into this. Is this fine? Or should I explore other types of crypto? I'm certain you can get more quickly from it.
Yes, that’s more than enough. I’m currently trading BTC and ETH, nothing more, although SUI and SOL have always been good to me. Trade at your own pace, don’t rush it. Once you accumulate enough capital you’ll come to the realization that less is more, and spreading yourself too thin between numerous projects reduces your potential profit.
 

The Plug

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You’re off to a great start. 30% ROI is nothing to scoff at regardless of principal. Have you started charting and drawing your own support (buy) and resistance (sell) levels?
Nah, I don't know what that is.


Once you accumulate enough capital you’ll come to the realization that less is more,
What is "enough", in this case?

How did you even get 1 million from crypto? How long did it take you and what were you trading? Did you just dump a lot of money in the beginning? You use coinbase or something else?
 

Koichos

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Nah, I don't know what that is.
Give the two videos above a watch when you have some time. Rayner Teo does great work on all things trading, especially for beginners. Bookmark his channel.

If you’re serious about trading then you need to learn your way around a chart. I use TradingView, and recommend Bulkowski’s Encylopedia of Chart Patterns.


What is "enough", in this case?
When you can do it for a living. That number is different for everybody, but you’ll know when you get there.

How did you even get 1 million from crypto? How long did it take you and what were you trading?
I’ve owned bitcoin since Q3 2011, thanks to Ross Ulbricht. Retired in 2017. Started trading it on leverage in 2018, thanks to Arthur Hayes. I will never stop buying bitcoin.

Did you just dump a lot of money in the beginning?
For a 17-year old, perhaps. But I just wanted to use Silk Road. It wasn’t about making money until March of 2013 once it was apparent that a $100 BTC was on the horizon.

You use coinbase or something else?
I use Kraken for BTC and ETH but Coinbase for USDC rewards.
 
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