October 23-25

[taai]

By retroactive I mean.

You position yourself long. Place a stoploss.

If the market doesn't take off. Exit the position with zero to minimal losses.

But always have yourself positioned long so that if the market pops, you ride it, and you don't sell; keep your stoploss at breakeven, the full displacement is pure profit. You don't know when that time would come.

Did I know it'd be Oct/Nov 2023 and onward with Solana? No.

I was sitting on ~ 0% PnL for the best part of 6 months. Weirdly I made this thread (https://looksmax.org/threads/buy-solana-now-wait-6-months-get-super-rich.758683/)

Why would you ever be completely out of a position?

Make entries when the market shows upward momentum. If it's a nothingburger, you'll get out and still have money for the next one.

If it's a trend, don't get out fast. That's the trick.

It made me life changing money. From nothing. Literally.

How do you keep up to date with these trends? What learnings would you recommend to someone who wants to learn outside the basics

 

[Foreverbrad]

there has to be indicators no?
i thought history repeated itself
or just quantum tunnel idk

I tried to use indicators like that and now I’m poor forever.
It’s just luck.

 

[KeepCopingLads]

I tried to use indicators like that and now I’m poor forever.
It’s just luck.

bruh, just remember there's a universe out there where you havent made a single loss

 

[Foreverbrad]

Biotech, fucked.
Crypto, fucked.

Quantum and rockets make 100% gains and don’t even pull back with a general market pull back. Just buy the most overpriced normie meme shit theory.

Every normie has made tens of thousands off these meme stocks while I rot in fucking garbage crypto that only goes down.

 

[Foreverbrad]

@PsychoDsk is this liquidity squeeze or the final reversal?
Call it TONIGHT or it doesn’t count!

I panic sold everything of course but still made few thousand.

 

[KeepCopingLads]

@PsychoDsk is this liquidity squeeze or the final reversal?
Call it TONIGHT or it doesn’t count!

I panic sold everything of course but still made few thousand.

What the actual fuck
I'm just seeing shit go down, everything
Reversal please
It's a straight line down like a rollercoaster

 

[KeepCopingLads]

panic

Don't stress

 

[aids]

@PsychoDsk is this liquidity squeeze or the final reversal?
Call it TONIGHT or it doesn’t count!

I panic sold everything of course but still made few thousand.

Calling squeeze.

 

[KeepCopingLads]

Calling squeeze.

Are you holding or did you sell to buy later?

 

[aids]

Are you holding or did you sell to buy later?

Cunt I just made over 100% on trades worth 25% of my port

 

[KeepCopingLads]

Cunt I just made over 100% on trades worth 25% of my port

everything is red
Red is blood
Blood is bad
Red is bad

 

[aids]

everything is red
Red is blood
Blood is bad
Red is bad

I 200x shorted BTC at 114 but then closed like a bitch fml.

 

[aids]

I 200x shorted BTC at 114 but then closed like a bitch fml.

Would've been up 2k% on that one trade.

 

[KeepCopingLads]

Would've been up 2k% on that one trade.

Lowkey don't know what to do
I'm scared to check my money i was barely above profit 6 hours ago

 

[Foreverbrad]

Lowkey don't know what to do
I'm scared to check my money i was barely above profit 6 hours ago

You don’t have any money.

This hits different when every 1% move is another month more or less wageslaving for you.

 

[KeepCopingLads]

You don’t have any money

No need to remind me

 

[PsychoDsk]

@PsychoDsk is this liquidity squeeze or the final reversal?
Call it TONIGHT or it doesn’t count!

I panic sold everything of course but still made few thousand.

Squeeze
single LARGEST liquidation event in crypto history, worse than covid, luna, ftx, mt gov.

10B in liquidationd
All altcoin OI WIPED

Not a single soul is long anymore
Everyone’s depressed and miserable

Run it back

 

[KeepCopingLads]

10B in liquidationd

Oh shit
Spot>>

 

[User28823]

Squeeze
single LARGEST liquidation event in crypto history, worse than covid, luna, ftx, mt gov.

10B in liquidationd
All altcoin OI WIPED

Not a single soul is long anymore
Everyone’s depressed and miserable

Run it back

 

[JovenCansao]

beyond over, I’m way past the panic sell option

 

[User28823]

beyond over, I’m way past the panic sell option

 

[yex]

Holy shit.

 

[yex]

Psycho being right for the 50th time now is crazy tbh

 

[Foreverbrad]

Not really bouncing back much.

It’s similar circumstances to how I ended up bag holding ETH for four years.

 

[Seth Walsh]

Squeeze
single LARGEST liquidation event in crypto history, worse than covid, luna, ftx, mt gov.

10B in liquidationd
All altcoin OI WIPED

Not a single soul is long anymore
Everyone’s depressed and miserable

Run it back

I got liquidated jfl

“hello fellow binancian, we regret to inform you about a margin call for your position in WIFUSDT”

 

[registerfasterusing]

I got liquidated jfl

“hello fellow binancian, we regret to inform you about a margin call for your position in WIFUSDT”

Seth Walsh respond to ur Q&A questions now.

 

[registerfasterusing]

I got liquidated jfl

“hello fellow binancian, we regret to inform you about a margin call for your position in WIFUSDT”

@Cookie Monster @Finnishmogger @FramePillGymMaxx @Vazelrr @Master u guys can ask questions for @Seth Walsh here and he will respond to them

 

[Finnishmogger]

@Cookie Monster @Finnishmogger @FramePillGymMaxx @Vazelrr @Master u guys can ask questions for @Seth Walsh here and he will respond to them

Yea thanks nigga

 

[registerfasterusing]

Yea thanks nigga

Go ahead and ask now

 

[MossadOwnsArzenicGM]

@Cookie Monster @Finnishmogger @FramePillGymMaxx @Vazelrr @Master u guys can ask questions for @Seth Walsh here and he will respond to them

Hey seth are you black

 

[Finnishmogger]

Go ahead and ask now

Hmm.. kinda nervous..

Why did i see @Arzenic Giving @registerfasterusing sloppy backshots at KFC?

 

[Seth Walsh]

@Cookie Monster @Finnishmogger @FramePillGymMaxx @Vazelrr @Master u guys can ask questions for @Seth Walsh here and he will respond to them

hello Labrador

You’re well trained now. Coming to give me attention, Pavlov style.

What if I told you my whole 0 reply “AMA thread” was a false flag psyop to get another free room rent free, in your head and….

It worked?????

you’re in the room with Machiavelli now

 

[Seth Walsh]

Hey seth are you black

NOPE

 

[registerfasterusing]

hello Labrador

You’re well trained now. Coming to give me attention, Pavlov style.

What if I told you my whole 0 reply “AMA thread” was a false flag psyop to get another free room rent free, in your head and….

It worked?????

you’re in the room with Machiavelli now

 

[Finnishmogger]

NOPE

Yeah, right.

 

[registerfasterusing]

NOPE

 

[Seth Walsh]

View attachment 4197241

Lmao you can tell I’m pretty pissed off being liquidated too

I need to cope

 

[registerfasterusing]

Lmao you can tell I’m pretty pissed off being liquidated too

I need to cope

Its ok mr walsh, im here for u

Js close ur eyes and bend over for me . . .

 

[Cash💸]

Market wide top / local top
TBA

Have fun until then

Longs safu, shorts death sentence.

Going into 23rd of october you’ll be full of greed and euphoria. Don’t roundtrip.

Sell everything

Gn

That’s tuff

 

[Foreverbrad]

Lmao you can tell I’m pretty pissed off being liquidated too

I need to cope

It was smart how they (the whales) combined the squeeze into the same day as the random bad news event (tariff) to create a super squeeze. Previously this just happened on random days but the drops were less severe.

Pretty much every leveraged long more than 3x must have been wiped out.

 

[kingofkings]

I'm a fucking genius. I sold everything Thursday. Thank fucking fuck for that

 

[PsychoDsk]

Dump was not anticipated and brutal
All time highs in october

Mark my words

 

[KeepCopingLads]

Dump was not anticipated

I was kinda confused when all I saw was red when I checked my phone

All time highs in october

 

[PsychoDsk]

I was kinda confused when all I saw was red when I checked my phone

Yea everyone and their grandparents got liquidated
To put it into perspective, 19BILLION (some report 30B) got liquidated.
It was the single largest liquidation cascade in crypto ever, the second largest one was COVID, which only liquidated 2B in a day.

That is exactly why I’ve been preaching spot to everyone, leverage is really risky.

On a good note, if you’ve survived, you’re about to reap insane benefits.
There’s basically no leverage in the system anymore and solely driven by spot which makes up-only 10x as easy and fast.

 

[KeepCopingLads]

That is exactly why I’ve been preaching spot to everyone, leverage is really risky.

if you’ve survived

Barely

 

[Edgarpill]

Market wide top / local top
TBA

Have fun until then

Longs safu, shorts death sentence.

Going into 23rd of october you’ll be full of greed and euphoria. Don’t roundtrip.

Sell everything

Gn

markets dying g lets see tho date is near

 

[KeepCopingLads]

markets dying g lets see tho date is near

@PsychoDsk
why tf is mexc lowkey suddenly giving me a warning

 

[Edgarpill]

@PsychoDsk
why tf is mexc lowkey suddenly giving me a warning

?

 

[Alex_mentalcel]

Still waiting for that "altseason" of yours, huh?

 

[GatoradeTRZ8]

@PsychoDsk fucking fraud nigga

He doesnt know shit he is poor as fuck so he made up a plan to scam kids into buying his course