short term buy single esp for ALTs n DeFi as USD-Index drops
we see the USDollar index drop and cross DeFi and the ALT Market on the 15 min look with BTC n ETH not far behind. BTC dominance drops as ETH dominance just lingers and kinda follows BTC.D like a lost puppy that cant make up its mind on to follow.where to go
this is a FIRM, shorter term(what i mean by that is bigger time frames always dominate. if we go to the 4 hour it is clear we have a mini pump in the overall bear trend. This is a strait scal so dont trick your selves into some this is it the market turning, the bottom BS and be ready to take profits asap)
just be ruthless about taking profits ie dont spread into to many positions esp on to many platforms.
Sometimes the difference between real profits and a break even and worse, a loss, can be the difference of just a few minutes in this space. Especially if "DeepWoodss" DEX trading where the swaps can be cheep and private-ish but with no stop loss and limit order capabilities you need to "stay on the sticks" in these set ups. I cant tell you all how many times I dont take profits, wake up and now i missed my window.
I want to point out i still watch the WHOLE crypto market esp the ALT game but I now only trade BTC ETH n if ALTS its one position maybe two in a mostly down trend bear market conditions and 5 to 10 in Bull market. this is usually only in the early stages of a bull run. these slowly or multi buy accumulation positions will get sold off and consolidated into my prime target as the bull market progresses ill be back to a main positions with a sprinkle of small left overs of my ALT hunting.
one big trade at a time is the current name of my game) ie Ill carve out positions on my top ALT projects on whatever (centralized unfortionitly) platform I go with (Ideally FTX n Binance but due to living in the USA and Washington at that, one of the least crypto friendly states by jurisdiction. VPN n TOR solves that but KYC at these exchanges is the REAL hurdle. Getting your aunts address in denmark is one thing but what bank account do I connect it to FML n F-USA Monetary Policy, Land of the All up in our Businesssszz)
Now that I cost averaged into the following n not in order://
_COSMOS's ATOM token is da #one play for strait utility/cross chain solution is the next hurdle for this space to overcome/ See all the HACKS , mostly going cross chain or on and off crypto-verse wild west. The major evolution Projects supporting this type of play (most do not have tokens BUT Optimisim.io just released and airdropped theirs AND after, back on launch making a point to say, "this project does not have a token and no plans for one" Yes OP is officially a Governance token, a monetized, moves with the markets, token so ya look for Arbitrum Bridge and other dynamic teams to do the same
_ETH BTC DOT ADA AVAX BNB FTT n CRO (Binance FTX n Crypto.com native tokens)
_for DEX's_ ZKS CAKE UNI SUSHI SNX LINA
_for DeFi _YFI CRV AAVE MKR LEND
_Rando/(ENJ MANA n maybe sm SAND if they can cool off a bit more) REN LINK BAND OP n DO NOT MISS OUT ON THIS NEW Face Book or Meta token originally called, #META my bad i meant #LIBRA just Launched #LIBRA/2.0 ......ENTER _#ATP/Meta just launched, #APTOS Project, the speculative, APT token fuels this, "eventual eco system." (7.25 7.35 n see what happens from there was my OG Target when I looked 5 or 6 days ago.) n then of course LINK N the other hi liquidity top Blue Chip ALTs that are always tempting to take some action in. LOL LMAO U SEE....thats the problem esp when newer to this space... everything sounds amazing and earth shattering. but as you mature in this space the problems remain the same, bottle knecks or always there, un safe entry and exit points and the out rite untested cross chain exploits or hacks make moving large or even decent size money around and off or on this space nearly impossible to accomplish safely/reliably. like the wild west of old this at times can go from an adventure to a dice roll for your bankroll.
I whole point is all though I love this market and watching these deep market cap ALTs/Projects do their thang, I do my MOST PROFITABLE trading when I focus On one position at a time. Of course i break my own rules but the farthest i'll seriously go here is three positions and thats usually btc eth n zks or some other fan-dangled, dEEEEP W00ds ALT. Trading on some far off layer 2 dex like ZKSpace... Not a shill as more advice to just get out there in some shape or form outside your comfort zone and force your self to learn as you take some smaller risks.... happy hunting all
this is a FIRM, shorter term(what i mean by that is bigger time frames always dominate. if we go to the 4 hour it is clear we have a mini pump in the overall bear trend. This is a strait scal so dont trick your selves into some this is it the market turning, the bottom BS and be ready to take profits asap)
just be ruthless about taking profits ie dont spread into to many positions esp on to many platforms.
Sometimes the difference between real profits and a break even and worse, a loss, can be the difference of just a few minutes in this space. Especially if "DeepWoodss" DEX trading where the swaps can be cheep and private-ish but with no stop loss and limit order capabilities you need to "stay on the sticks" in these set ups. I cant tell you all how many times I dont take profits, wake up and now i missed my window.
I want to point out i still watch the WHOLE crypto market esp the ALT game but I now only trade BTC ETH n if ALTS its one position maybe two in a mostly down trend bear market conditions and 5 to 10 in Bull market. this is usually only in the early stages of a bull run. these slowly or multi buy accumulation positions will get sold off and consolidated into my prime target as the bull market progresses ill be back to a main positions with a sprinkle of small left overs of my ALT hunting.
one big trade at a time is the current name of my game) ie Ill carve out positions on my top ALT projects on whatever (centralized unfortionitly) platform I go with (Ideally FTX n Binance but due to living in the USA and Washington at that, one of the least crypto friendly states by jurisdiction. VPN n TOR solves that but KYC at these exchanges is the REAL hurdle. Getting your aunts address in denmark is one thing but what bank account do I connect it to FML n F-USA Monetary Policy, Land of the All up in our Businesssszz)
Now that I cost averaged into the following n not in order://
_COSMOS's ATOM token is da #one play for strait utility/cross chain solution is the next hurdle for this space to overcome/ See all the HACKS , mostly going cross chain or on and off crypto-verse wild west. The major evolution Projects supporting this type of play (most do not have tokens BUT Optimisim.io just released and airdropped theirs AND after, back on launch making a point to say, "this project does not have a token and no plans for one" Yes OP is officially a Governance token, a monetized, moves with the markets, token so ya look for Arbitrum Bridge and other dynamic teams to do the same
_ETH BTC DOT ADA AVAX BNB FTT n CRO (Binance FTX n Crypto.com native tokens)
_for DEX's_ ZKS CAKE UNI SUSHI SNX LINA
_for DeFi _YFI CRV AAVE MKR LEND
_Rando/(ENJ MANA n maybe sm SAND if they can cool off a bit more) REN LINK BAND OP n DO NOT MISS OUT ON THIS NEW Face Book or Meta token originally called, #META my bad i meant #LIBRA just Launched #LIBRA/2.0 ......ENTER _#ATP/Meta just launched, #APTOS Project, the speculative, APT token fuels this, "eventual eco system." (7.25 7.35 n see what happens from there was my OG Target when I looked 5 or 6 days ago.) n then of course LINK N the other hi liquidity top Blue Chip ALTs that are always tempting to take some action in. LOL LMAO U SEE....thats the problem esp when newer to this space... everything sounds amazing and earth shattering. but as you mature in this space the problems remain the same, bottle knecks or always there, un safe entry and exit points and the out rite untested cross chain exploits or hacks make moving large or even decent size money around and off or on this space nearly impossible to accomplish safely/reliably. like the wild west of old this at times can go from an adventure to a dice roll for your bankroll.
I whole point is all though I love this market and watching these deep market cap ALTs/Projects do their thang, I do my MOST PROFITABLE trading when I focus On one position at a time. Of course i break my own rules but the farthest i'll seriously go here is three positions and thats usually btc eth n zks or some other fan-dangled, dEEEEP W00ds ALT. Trading on some far off layer 2 dex like ZKSpace... Not a shill as more advice to just get out there in some shape or form outside your comfort zone and force your self to learn as you take some smaller risks.... happy hunting all
