longing HYPE here

[Vantablack]

swing long hype @ $58.7, risky trade DYOR

 

[Fuldblod]

swing long hype @ $58.7, risky trade DYOR

Doesn’t seem that oversold at a glance.
I think performance would be better on regular ole’ BTC.
Do you have a system or are you just LARP?

 

[Vantablack]

Doesn’t seem that oversold at a glance.
I think performance would be better on regular ole’ BTC.
Do you have a system or are you just LARP?

i don’t do TA

 

[Fuldblod]

i don’t do TA

My systems are still 100% cash.
I’m currently on a trend following style investing.
But it’s clear that BTC is oversold according to my valuation model.
What criteria are you making this call based on? - is what i’m asking.

 

[Vantablack]

My systems are still 100% cash.
I’m currently on a trend following style investing.
But it’s clear that BTC is oversold according to my valuation model.
What criteria are you making this call based on? - is what i’m asking.

i think BTC will crab for months before we see any real move, maybe even a flush out lower so i’m not touching it for a while.

my thesis on hype because is the SPCX IPO later today. Hyperliquid is seeing almost as much trading volume as binance and i think post IPO volume will only increase, meaning more buybacks = higher price. i don’t think the market is pricing this in correctly yet.

even if my thesis is wrong i believe in the project long term and don’t mind holding. i use very low leverage and even if it dumps a bunch tomorrow it won’t impact my position. i do think we retest ATH atleast though. let’s see

 

[Fuldblod]

i think BTC will crab for months before we see any real move, maybe even a flush out lower so i’m not touching it for a while.

my thesis on hype because is the SPCX IPO later today. Hyperliquid is seeing almost as much trading volume as binance and i think post IPO volume will only increase, meaning more buybacks = higher price. i don’t think the market is pricing this in correctly yet.

even if my thesis is wrong i believe in the project long term and don’t mind holding. i use very low leverage and even if it dumps a bunch tomorrow it won’t impact my position. i do think we retest ATH atleast though. let’s see

Interesting

 

[Fuldblod]

Interesting

i think BTC will crab for months before we see any real move, maybe even a flush out lower so i’m not touching it for a while.

my thesis on hype because is the SPCX IPO later today. Hyperliquid is seeing almost as much trading volume as binance and i think post IPO volume will only increase, meaning more buybacks = higher price. i don’t think the market is pricing this in correctly yet.

even if my thesis is wrong i believe in the project long term and don’t mind holding. i use very low leverage and even if it dumps a bunch tomorrow it won’t impact my position. i do think we retest ATH atleast though. let’s see

I should probably make a bespoke model on this to catch it if it comes

 

[Vantablack]

Hit 50% TP at $64, going to let the rest ride, SL at breakeven. long term play, i believe HYPE hits $100 by EOY.

 

[Vantablack]

completely out of my position, had a good run. will look to buy on pullbacks from here.

degen longed spacex scalp as well (in and out already)

 

[Itsov3rlol]

Good call

 

[monk321]

Doesn’t seem that oversold at a glance.
I think performance would be better on regular ole’ BTC.
Do you have a system or are you just LARP?

Rsi is only good for spot with Daily/weekly timeframe, Ta has no edge in trading have been studied for decades , the only edge is your pattern recognition , overall knowledge and risk management.

 

[Fuldblod]

Rsi is only good for spot with Daily/weekly timeframe, Ta has no edge in trading have been studied for decades , the only edge is your pattern recognition , overall knowledge and risk management.

Just give up bro

“Yeah brahh wallstreet just places bets on intuition brahh truuusst me brahh”

 

[monk321]

View attachment 5228001
Just give up bro

“Yeah brahh wallstreet just places bets on intuition brahh truuusst me brahh”

what is that supposed to mean ? A bunch of imaginary numbers and rules that are supposed to predict the markets?

 

[Fuldblod]

what is that supposed to mean ? A bunch of imaginary numbers and rules that are supposed to predict the markets?

Automated trend following system (aggregate of several macroeconomic metrics and technical indicators)

If you don’t know what this is you are doomed to stay poor.

 

[monk321]

Automated trend following system (aggregate of several macroeconomic metrics and technical indicators)

If you don’t know what this is you are doomed to stay poor.

yeye chat gpt generated ai slop that makes you think you can predict the markets so basically what i said , but sure man go make infinite money with your trend following strategy

 

[Fuldblod]

yeye chat gpt generated ai slop that makes you think you can predict the markets so basically what i said , but sure man go make infinite money with your trend following strategy

Let’s see your PnL then

 

[jacxb]

just being reminded of getting front ran on hype at 38$