IkemenJ

IkemenJ Updated 

If you are like me, it's very difficult to decide how to proceed after we hit -85% from $20K bitcoin. That's a point where we bottomed in previous crashes. Earlier in the crash it was easier, all cash, short the pumps and maybe try on some temporary longs after we dumped hard. I usually trade trends, using heikin ashi, macd, etc on daily timeframes to ride as...

IkemenJ

Many of us who are fans of Bitcoin like the idea of smart contract platforms, but don't like some of the choices made by the current leader, Ethereum. As Andreas Antonopoulos has pointed out, Bitcoin has made tradeoffs designed to make it best suitable as a store of value and maybe currency, not a smart contract platform: www.youtube.com Many people might not...

IkemenJ Updated 

**Not financial advice: these are my thoughts I'm journaling for my own reference later. I'm making them public because others have put their notes into the public record and it has benefited me greatly, so I'm paying it forward for better or worse. If you trade based on this and become homeless, I'll share some government cheese with you. As we can see from the...

IkemenJ Updated 

The movements of Bitcoin have become more and more odd as volume in the crypto market decreases. Many people call this "manipulation". What's really happening is that large players, in search of liquidity, have to go chasing after leveraged positions and stops to find it. In the chart you'll notice an indicator showing longs vs shorts. The last time shorts...

IkemenJ

This is my first published idea. I've gained a great deal from this community so I think it's my obligation to contribute what I might have learned from everyone at this great resource: Every mistake I've made since entering the crypto space in December has come from overthinking the market. Here's some examples and advice, followed by what I think is going to...