jbrelin

Longer-term picture paints downturn soon on crypto

Short
BINANCE:ETHUSDT   Ethereum / TetherUS
I don't like raining on people's parade. Crypto seems to be coming out of its crypt as the end of 2021 did a lot of damage to holder's accounts. People are optimistic about crypto now. Many influencers are very positive and are buying hard. But the reality of the market is that there is optimism and confidence at highs and capitulation at lows. Buy when blood is on the streets, Warren Buffet is noted as saying. Is there blood on the streets now? Sadly in Ukraine, but generally not in the crypto space.

If you have been following my channel, you will find that most of my signals are unbelievable. This is par for the course. This is how it should be. And this is the reason few people succeed at this game. Money is made by doing what nobody else will do until they are convinced you were right. Then they follow along with their money and put money in your pockets.

I believe the short on cryptos is not quite in yet, and so many people will think I am wrong about this trade because it is possible we will see more short-term up movement. But the longer term picture, if my signals are right, are not positive.

Over a long period of time, I have learned to trust my signals. My worst trading has occurred when I did not believe my own signals and ignored them. I have paid a large price for not trusting in my own work. I am no longer doing that, and I am confidently relaying what my signals are telling me over to you. That said, I am still putting myself out on a limb here and risking my reputation. One bad call, and you are done-for. But forgiving people will understand that you can't win them all and that overall results are what really matter in this game.

So, most of the people reading this post will maybe consider what I am saying, but most will likely ignore the advice. This is because an in-depth understanding of what I have to offer is not understood. On my channel, I have tried to explain everything in as much detail as I can. It takes time for people to "get it" and even more time for people to trust it. I am not expecting conversion success any time soon. But that is OK.

C'est la vie. Whatever will be, will be. Life is very interesting. Trading and speculating makes it even more so!

All the best of luck to you...

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