I’ve caught most of the movement however not in the size that I would’ve liked. That’s BTC for you eh, once it moves, it rarely gives you the chance to enter. 25k BTC incoming?
It also screws up your mindset, making you FOMO at the top thinking that the bottom was in.
Really interesting to see how quickly sentiments changes in Crypto. This is why it’s important to have a framework to build your conviction.
Not trying to be overly bearish at the lows. But I do suspect that this could be the start of a macro accumulation range from some alts.
Just trading the charts/sentiments on this meme play. Goal is to accumulate so much as possible.
This AI narrative is dumb imo. No fundamentals. Zero. Nada. But still mooned almost 2-3x across the board.
Sound like a broken record, but there is no fundamentals be it in tradfi or crypto. The only way to be on the right side, is to visualise HOW people would view these “fundamentals”. How they view will affect how they react and these collective actions will bring about a chain reaction effect.
Meme coin, 0 IQ play imo. Eventually will moon. The only sector that has shown to moon over and over again in Crypto. Since doge time if I’m not wrong. So in the past 2-3 cycles, meme coins have always been part of it. Small sample size as Crypto is still relatively new but prolly enough to make an educated guess.
Most gains came from following the narrative in spot and chill. So far, I’ve done fairly well. So next step is to not screw up my profits and return it back. This is where TA comes in. Identify your invalidation and work your way from there.