How to get rich in crypto

[PsychoDsk]

Study wyckoff distribution and market structures

If you can predict what btc will do, if you can read btc you can make millions, dare I say billions

Btc is the only non-ponzi, altcoins are all connected to btc.

If you know what btc does next, you know how to make money it’s as simple as that

No bs trading strategies, just
Predict
Bitcoin
.

And upcoming months after summer, DON’T trade with leverage.
Always do spot plays, always.

 

[Ragnar]

first rule of trading is that you cannot predict the market...

great job buddy

 

[PsychoDsk]

watch this prediction and watch it come to life
Btc will now go for around 75k, if buying volume picks up we hodl all altcoins and btc will fly to 120k.
Or btc will hit 75k and crash afterwards if buying volume doesn’t pick up. Sell all positions and short the market. In summer rebuy spot positions and watch the bullrun turn you into a millionaire

I am 99% positive it will be a buying climax so option 2, mark my words

 

[6PSLcel]

Gonna dump 1k into btc

 

[PsychoDsk]

first rule of trading is that you cannot predict the market...

great job buddy

Say that to my 7figs portfolio

 

[PsychoDsk]

Gonna dump 1k into btc

Don’t nigga, with 1k you’ll make nothing on btc

 

[Ragnar]

Say that to my 7figs portfolio

sure bud you found crypto 3 months ago and you think you are a genius, you probably havent even had a pnl higher than 500 bucks ever

 

[PsychoDsk]

sure bud you found crypto 3 months ago and you think you are a genius, you probably havent even had a pnl higher than 500 bucks ever

I was larping as stupid to see who knows crypto here nigga

 

[PsychoDsk]

sure bud you found crypto 3 months ago and you think you are a genius, you probably havent even had a pnl higher than 500 bucks ever

been doing this for 5 yrs

 

[Ragnar]

been doing this for 5 yrs

arent you 16

 

[PsychoDsk]

arent you 16

I'm 19 babygirl

 

[Ragnar]

I'm 19 babygirl

brutal just glazing at your past threads its all larp, keep your profile private bud

 

[Seth Walsh]

Study wyckoff distribution and market structures

If you can predict what btc will do, if you can read btc you can make millions, dare I say billions

Btc is the only non-ponzi, altcoins are all connected to btc.

If you know what btc does next, you know how to make money it’s as simple as that

No bs trading strategies, just
Predict
Bitcoin
.

And upcoming months after summer, DON’T trade with leverage.
Always do spot plays, always.

Wyckoff doesn't work

 

[Deleted member 67900]

Wyckoff doesn't work

if you do the right market research then no

 

[PsychoDsk]

Wyckoff doesn't work

then why is btc at the end of a full wyckoff distribution then?

 

[Seth Walsh]

then why is btc at the end of a full wyckoff distribution then?

You're just coping dude I looked at all that Wyckoff stuff like 10 years ago. It's cope. It's just a pattern and not behaviours etched into all markets via psychology. Your not acting on an edge and not even trading a good system.

 

[Seth Walsh]

if you do the right market research then no

I spend most of my life doing market research. I'm trying to save you time by showing you there's no legitimacy in gann lines, elliott waves, wyckoff patterns. You should be looking at breakouts, trend, momentum, good risk management, letting winning trades run, cutting your losses short and knowing when not to trade. You should be concerned about discerning what is/isnt a good trade opportunity and aim to sustain your trading for multiple decades. The most important summary stats will be current cumulative returns and max historical drawdown. Not much else matters. Do not make anything too complicated. Also you'll need a systematic (automated) system if you want to survive long term

 

[Deleted member 67900]

I spend most of my life doing market research. I'm trying to save you time by showing you there's no legitimacy in gann lines, elliott waves, wyckoff patterns. You should be looking at breakouts, trend, momentum, good risk management, letting winning trades run, cutting your losses short and knowing when not to trade. You should be concerned about discerning what is/isnt a good trade opportunity and aim to sustain your trading for multiple decades. The most important summary stats will be current cumulative returns and max historical drawdown. Not much else matters. Do not make anything too complicated. Also you'll need a systematic (automated) system if you want to survive long term

Whether these methods work or not is totally subjective, some fail some don't

 

[ascension]

Everyone goes on about technicals but you need to research fundamentals too.

 

[Seth Walsh]

Everyone goes on about technicals but you need to research fundamentals too.

Fundamentals change very fast though. Look at the equity rebound yesterday. Lots of speculators shorted equities due to the Israel-Iran stuff and lost money trying to call the top. Macro overlays definitely can help but the underlying should be price and rules based. I don't think macro discretionary funds do well in this day and age.

 

[ascension]

Fundamentals change very fast though. Look at the equity rebound yesterday. Lots of speculators shorted equities due to the Israel-Iran stuff and lost money trying to call the top. Macro overlays definitely can help but the underlying should be price and rules based. I don't think macro discretionary funds do well in this day and age.

By fundamentals I meant individual crypto projects and how they work, who is backing and investing in them, what need do they fulfil. I agree with you on macro being mainly irrelevant.

 

[Seth Walsh]

By fundamentals I meant individual crypto projects and how they work, who is backing and investing in them, what need do they fulfil. I agree with you on macro being mainly irrelevant.

I've no experience in looking into cryptocurrency projects and predicting ones that'll experience large growth. Can it be done really? Who has done it effectively? I thought shitcoins usually become less shitty when they get listed on Binance or a top exchange. But is there a consistent driver that leads to low cap coins being listed on reputable exchanges?

 

[PsychoDsk]

I've no experience in looking into cryptocurrency projects and predicting ones that'll experience large growth. Can it be done really? Who has done it effectively? I thought shitcoins usually become less shitty when they get listed on Binance or a top exchange. But is there a consistent driver that leads to low cap coins being listed on reputable exchanges?

some coins have real utility behind them.
for example, vMint. This is a coin that launched an app that will compete with UNISWAP upcoming months. Some coins are just shitcoins that get lucky but most coins that have real utility ALMOST always do good in the market.
If a project has REAL value, it will fly.

 

[Seth Walsh]

some coins have real utility behind them.
for example, vMint. This is a coin that launched an app that will compete with UNISWAP upcoming months. Some coins are just shitcoins that get lucky but most coins that have real utility ALMOST always do good in the market.
If a project has REAL value, it will fly.

Which ones are you looking at so?

 

[PsychoDsk]

Which ones are you looking at so?

My top picks this bullrun are vMint and TRIAS. They both have an amazing dev team and utility. They both cover the AI sector which is fairly new in the crypto market. Trias launches it's mainnet next week, it will cover CBDC and also AI.
I bought both at their absolute bottom and they already did a few x's so I'm really looking forward to what their future brings

 

[Seth Walsh]

My top picks this bullrun are vMint and TRIAS. They both have an amazing dev team and utility. They both cover the AI sector which is fairly new in the crypto market. Trias launches it's mainnet next week, it will cover CBDC and also AI.
I bought both at their absolute bottom and they already did a few x's so I'm really looking forward to what their future brings

Cool, I'll try trade them some time in the future! All the best

 

[ascension]

I've no experience in looking into cryptocurrency projects and predicting ones that'll experience large growth. Can it be done really? Who has done it effectively? I thought shitcoins usually become less shitty when they get listed on Binance or a top exchange. But is there a consistent driver that leads to low cap coins being listed on reputable exchanges?

It's all about determining which ones have legitimate use case. One example is Ondo, a project which tokenizes securities and the US dollar to earn yield for those who hold it (its about 5% a year). It's done a 9.6x for me since January. Whales have been accumulating it heavily. Just one example there.

 

[ascension]

some coins have real utility behind them.
for example, vMint. This is a coin that launched an app that will compete with UNISWAP upcoming months. Some coins are just shitcoins that get lucky but most coins that have real utility ALMOST always do good in the market.
If a project has REAL value, it will fly.

vMint looks good. Check out Lanify (2m market cap). They've got a browser extension which allows users to sell their excess bandwidth.

 

[PsychoDsk]

It's all about determining which ones have legitimate use case. One example is Ondo, a project which tokenizes securities and the US dollar to earn yield for those who hold it (its about 5% a year). It's done a 9.6x for me since January. Whales have been accumulating it heavily. Just one example there.

being early is key, I faded Ondo sadly but I'll look into Lanify rq thanks bhai

 

[eduardkoopman]

Everyone goes on about technicals but you need to research fundamentals too.

Fundamentally speaking, I see in the fundamentals of the future, that you will be bouncing your balls on top of Bella Haddid Tokens head.

 

[Rawprimalooks]

Study wyckoff distribution and market structures

If you can predict what btc will do, if you can read btc you can make millions, dare I say billions

Btc is the only non-ponzi, altcoins are all connected to btc.

If you know what btc does next, you know how to make money it’s as simple as that

No bs trading strategies, just
Predict
Bitcoin
.

And upcoming months after summer, DON’T trade with leverage.
Always do spot plays, always.

U cant its like casino scripted lol

 

[Deleted member 65192]

Study wyckoff distribution and market structures

If you can predict what btc will do, if you can read btc you can make millions, dare I say billions

Btc is the only non-ponzi, altcoins are all connected to btc.

If you know what btc does next, you know how to make money it’s as simple as that

No bs trading strategies, just
Predict
Bitcoin
.

And upcoming months after summer, DON’T trade with leverage.
Always do spot plays, always.

how did you make money to buy into bitcoin in the first place?

 

[PsychoDsk]

how did you make money to buy into bitcoin in the first place?

Previous bullrun I aped sol like an idiot and made crazy money

 

[eduardkoopman]

Previous bullrun I aped sol like an idiot and made crazy money

If one manages to pick 1 winner in a cycle. One usually already will do great.
Even though One pick 19 loser projects also.

 

[lilxder2]

non-ponzi

it is a ponzi but whatever

 

[noodlelover]

Main thing is don't be lefting holding the bag.

BTC Cycle crashes every single time.

BTC Halving cuts supply in half.
After a few months supply cut starts having an upward momentum on price.
Retards hype in, because the price is going up, and they are told the economy is doing well (propaganda from current administration to try to get a second term.)
Price causes media to cover the price.
More retards hype in, as well as hyping into alt coins (entire market goes up on average)
Media covers outlandish price predictions, to cause more retards to hype in.
Many of them become "HODLERs for LIFE" buying into the long term narratives.
Price Crashes like 90%.
Every one says crypto is dead.
Bear market begins.

The point is getting out before the price crashes. And whenever most people think the price is going to crash, it will crash long before then, and long before the price levels most people think it's going to reach.

The Hard part is figuring out what most people think (and realizing they are wrong). Read comments, including this website to figure out what retards think, to make sure you get out before them.

Realize that all popular mathematical models are wrong, because those are what people are expecting. Expectations change behavior on a mass scale. Look at those models as another indicator of what retards think.

 

[PsychoDsk]

Main thing is don't be lefting holding the bag.

BTC Cycle crashes every single time.

BTC Halving cuts supply in half.
After a few months supply cut starts having an upward momentum on price.
Retards hype in, because the price is going up, and they are told the economy is doing well (propaganda from current administration to try to get a second term.)
Price causes media to cover the price.
More retards hype in, as well as hyping into alt coins (entire market goes up on average)
Media covers outlandish price predictions, to cause more retards to hype in.
Many of them become "HODLERs for LIFE" buying into the long term narratives.
Price Crashes like 90%.
Every one says crypto is dead.
Bear market begins.

The point is getting out before the price crashes. And whenever most people think the price is going to crash, it will crash long before then, and long before the price levels most people think it's going to reach.

The Hard part is figuring out what most people think (and realizing they are wrong). Read comments, including this website to figure out what retards think, to make sure you get out before them.

Realize that all popular mathematical models are wrong, because those are what people are expecting. Expectations change behavior on a mass scale. Look at those models as another indicator of what retards think.

market is basically psychology tbh
retail becomes exit liquidity
the rich get richer
never ending cycle

once crypto gets broadcasted on news channels all over the globe 'muh prices are sky rocketing' you know it's time to sell your bags

 

[Seth Walsh]

Buy when the price is going up (in a bull market).

Don’t do anything, don’t risk your money in any other environment

Play long term.



Stick to those steps and all y’all will make money.


Heck, I was calling SOL at $20 for like 5 months in a row and still no one bought. At $100 people were saying it was “overbought” etc when they still could’ve bought.


If the markets aren’t moving in one direction over a decent time period, don't bother trading them. Let someone else lose money in sideways markets. Preserve your bankroll

 

[eduardkoopman]

Main thing is don't be lefting holding the bag.

BTC Cycle crashes every single time.

Although a correct statement. It's NOT entirely true, when it comes to Bitcoin. Because hodlers did, and do, well also

Hodlers and dcaérs in Bitcoin, in the past (lets say 5 years), have had great gains also.
As a person putting in 50 usd per month for 5 years in bitcoin. Would now have roughy 11,500 uusd value in bitcoin, on an input of "only" 3000 usd. Thus this can be deemed a good startegy also, and susch person never sold, and just rode all the crashes

 

[noodlelover]

Although a correct statement. It's NOT entirely true, when it comes to Bitcoin. Because hodlers did, and do, well also

Hodlers and dcaérs in Bitcoin, in the past (lets say 5 years), have had great gains also.

So Far.

It's impossible to predict the future though.

There is no technology, and no store of wealth that can not become obsolete.

If people collectively decide that Ethereum is the future, because it's faster, cheaper, and has a lower inflation rate, then they could collectively decide that's the future, and this could be the highest Bitcoin ever is (inflation adjusted). The lightning network so far is unreliable, and cheap transactions are far from guaranteed on Bitcoin, and that problem could get worse as usage declines, and money moves elsewhere.

If people collectively decide stock index funds are a safer long term store of wealth, because of dividend growth, and expected economic growth, then Bitcoin could be the highest it ever is.

If people's faith and belief in the U.S. dollar, or CBDCs, or Property, Grows and People's Emotional Trust in Crypto never returns, then this may be the biggest the crypto market is ever, in the future.

Crypto makes many things safe, cheap, and fast, like sending money across state lines. But Ai, especially once it's untethered from human intelligence, will rapidly change the financial landscape, and legal landscape. Ai could make CBCDs, or even the U.S currency cheaper and easier to use.

It's a big game, and everyone is trying to predict every one else. Things can change in unexpected ways.

 

[Seth Walsh]

So Far.

It's impossible to predict the future though.

There is no technology, and no store of wealth that can not become obsolete.

If people collectively decide that Ethereum is the future, because it's faster, cheaper, and has a lower inflation rate, then they could collectively decide that's the future, and this could be the highest Bitcoin ever is (inflation adjusted). The lightning network so far is unreliable, and cheap transactions are far from guaranteed on Bitcoin, and that problem could get worse as usage declines, and money moves elsewhere.

If people collectively decide stock index funds are a safer long term store of wealth, because of dividend growth, and expected economic growth, then Bitcoin could be the highest it ever is.

If people's faith and belief in the U.S. dollar, or CBDCs, or Property, Grows and People's Emotional Trust in Crypto never returns, then this may be the biggest the crypto market is ever, in the future.

Crypto makes many things safe, cheap, and fast, like sending money across state lines. But Ai, especially once it's untethered from human intelligence, will rapidly change the financial landscape, and legal landscape. Ai could make CBCDs, or even the U.S currency cheaper and easier to use.

It's a big game, and everyone is trying to predict every one else. Things can change in unexpected ways.

All that matters is the price action and the long term trends. Same applies for all markets you can identify that have long term trends. I don't even need to know the names of them. Just give me price and a history of the price. I'll place positions when the market starts moving, otherwise I hold my money.

For investing. Long term equity indices with dividend reinvesting. SPXTR index or something like that. Simple. Give me a SPDR S&P total return passive index fund and I'll let that be my investment vehicle while I'm younger. I'm not sold on REITs, and holding long alternatives is retarded. If you have the opportunity then later on, buy physical property without debt and you're pretty much set.

 

[mogstars]

Study wyckoff distribution and market structures

If you can predict what btc will do, if you can read btc you can make millions, dare I say billions

Btc is the only non-ponzi, altcoins are all connected to btc.

If you know what btc does next, you know how to make money it’s as simple as that

No bs trading strategies, just
Predict
Bitcoin
.

And upcoming months after summer, DON’T trade with leverage.
Always do spot plays, always.

"If you can predict the lottery numbers, you can make a lot of money!"

 

[FBl]

Say that to my 7figs portfolio

Can u give me 10 dolla?

 

[edodalic29]

So r u saying to invest in btc rn

 

[FBl]

So r u saying to invest in btc rn

If you have huge amount of capital then yes I presume

 

[FBl]

Btc gonna touch 63k by TOMMOROW or today

 

[edodalic29]

If you have huge amount of capital then yes I presume

how much should i invest i barley got shit tbh just a couple hundred

 

[FBl]

how much should i invest i barley got shit tbh just a couple hundred

10k min

 

[PsychoDsk]

So r u saying to invest in btc rn

Only if you can atleast buy 1btc

 

[PsychoDsk]

Can u give me 10 dolla?

I’ll send you a sol bbg