Multidisciplinary knowledge 📚

”Highly recommend not shorting the strongest coins. Short the weak stuff. Resist the urge to lose money”

- @Mamba248x 🔰

”Every coin aside from BTC is merely a vehicle/tool to acquire more BC and obviously, by extension, secure your finantial freedom.
ETH is the closest thing we have got and I anticipate its ascencion to institutionalized and sovereing yield bearing asset

- @smileycapital 🔰

”BTC vs GOLD: There will never be more than 21m BTC, there will be more gold found How much does bitcoin cost to store and secure? How much does gold cost to store and secure? How much does it cost to travel with btc across borders? How much does gold cost to move? The world is increasingly digital. Everyone will want to own 1 bitcoin, nobody will be talking about owning a gold bar. As boomers meet their deaths, and they will, their children will trade gold for BTC.

- @Penshosh1

”Best traders aren't those who always have positions open (open a position should be the exception, not the norm). They are the ones who know when to bid, and when to be patient.
Wait for a good setup with good R/R on relative strength coins”.

- @cryptolab 🔰


"You just got lucky".

We all did.
The skill is in keeping the money”

- @CryptoDonAlt 🔰

My #1 change to become a lot more profitable of a trader was just admitting I have no edge when the trend breaks.

Lean forward when things are trending and there’s volatility (trade with size and more often).

Sit back when that dies down (reduce size and frequency of trades).

Changed everything for me

- @Mamba248x 🔰

Do the oposite of what people say.

Lock in during the dead periods. Thats where most opportunity lies. Make plans (IF -> THEN). Actions those plans.

Most people are bored and not paying attention. They will come back without a plan, clueless, with tons of FOMO, chase everything under the sun, run it up briefly, have no exit plan, and give it all back to the market

- @docXBT

"But what about touching grass? When should I take a break? If Im always locked in Ill burn out"

Be honest, do you deserve one?

Take a break when youve earned it

- @docXBT

Doubt it’s a hot take, but most people use stop losses wrong and get stopped out from regular swings of volatility rather than the actual trade invalidation.

Being able to identify this (via not oversizing relative to your risk tolerance in the first place) is a fairly easy fix that most people choose to ignore

- @docXBT🔰


"Your drawdowns are proportional to the size of your ego

- @thiccyth0t 🔰

”If you dont have money in the markets, you dont get to play the game (sidelined). We at the end of the day, all want to buy at the best price possible.

There is still to be so much opportunity, and there always will be. Dont beat yourself up

- @Penshosh1

None of us really know anything at the end of the day. We are just speculating, and forming a thesis around our trade ideas and experiences in the market.

Sometimes we are right, and sometimes we are wrong. Thats just how it goes.

Just keep the losses small, eliminate the big ones, and the rest will work out for you. Stack the wins over long periods of time and you'll get to your end goal

- @Penshosh1 🔰

Just have fun, that's all.

Enjoy it while it lasts and make the most of it

- @Penshosh1

Trading is a job but you have to make it a game and be passionate about it.

I always think of it like a sport. You have to know when to play offense and when to play defense. Some people are really good at one or the other, but you have to develop both skills

- @Penshosh1 🔰

One lil dip and you feel over-levered.
12 hours later you feel underexposed.

That's risk-on szn

- @thedefivillain


You missed a play.
You bought the top.
Etc etc.

If you treat trading like gambling you don’t actually get much better, every trade is just a roulette spin.

But if you treat it like a craft, and continuously learn and improve, it’s no longer gambling, it’s a game.

Accept the reality that these things happened, but dont let them cloud and poison your energy

- @Mamba248x 🔰

Actually kinda insane to think that u just click some buttons in the right order then ur rich like wtf this is the actual greatest era to have ever lived in

- @TheCryptoNexus

The lower the better, but you need 3 things:

1. Cash
2. Patience
3. Balls

Combine those three, bid your levels with a plan, and reap the rewards in the years to come

- @Crypto_Chase 🔰

The only thing you need to be successful in crypto or any financial field is mastering bet size & EV. When you accomplish mastery in those two, consider everything else taken care of.

Asset selection is part of EV+: minimizing downside + maximizing upside. Bad assets dont have a lot of upside most of the times.

On the sizing part: journaling or even just self-reflecting helps. It's more philosophical but think about how you feel being leveraged an X amount of portfolio vs not leveraged at all, or underexposed, or overexposed. The game of trading is limitless and you should aim to develop your own style. Over time, you learn to not oversize / undersize on things when you subconsciously say to yourself, "this feels bad when I do this

- @MisakaTrades 🔰

Literally the reason how ppl blowing up portfolios while BTC compresing in a range:

- MFs will wonder why they feel terrible all the time and then proceed to open 5 leverage positions before bed and blast their eyes with blue screen light 10 times a night-

- @nosanityxbt

There’s nothing wrong with copying a trade - we all learn by watching others, but there’s a big difference between understanding a thesis and borrowing conviction.

One means you’ve internalized the why, the risks, the invalidation. The other leaves you guessing, shaken out by noise, short-term volatility, and constantly seeking reassurance because the conviction was never yours to begin with

- @game_for_one 🔰

A quote that I believe will resonate with many in this market:

- There are three ingredients for success: aggressiveness, timing and skill, and if you have enough aggressiveness at the right time, you don’t need that much skill -”

- Howard Marks

- @game_for_one 🔰

Your job as a trader is to survive until you get lucky.

On repeat


- @0xVKTR

GM, take a dip breath and remember you cant make the moves your bloodline will be proud of if youre stressed, anxious, and exhausted.

Rest is an important part of training

- @nosanityxbt

The best traders I know are:

1. Independent thinkers
2. Rational
3. Curious/Open-minded
4. Disciplined & Organized

Your PnL won't change until you change yourself


- @cryptowhail
🔰

I got my areas of interest on charts clear and planned.

May not get these prices, dont care. I had a great month and Im not giving back my gains bidding suboptimal levels (in my opinion). Test key S/R , present dips with major liquidations, good entry levels with exceptional R/R, and Im in

- @Crypto_Chase 🔰

Start thinking of trading like playing with a rubber band.

When everyone's pulling hard (prices stretched high), that's when you ease up. When it snaps back and no one wants to touch it—that's your moment to buy.

The best traders know: max tension = min buying, slack = stack

- @Mamba248x

As a full time trader, there's obviously a desire to catch every move. The reality is other things will always come into play.. family, sleep, work, exercise, hobbies, etc.

There's a lot of people who are likely skilled enough to catch the majority of moves if they were able to sit at the screens 24/7, but this obviously isn't realistic.

The best you can do imo is try to find a balance. When you have a very confident read, simply leave limit orders. When you're uncertain, but want to be in and have time to monitor, monitor and try to find entry. And when you want to be in, but don't have a perfect read, leave limits at "greedy" levels you believe are likely to hold. You may not get filled, but it's worth a try. Layering bids is also another option if you don't mind some drawdown and play a bit wider stops. It really depends on the trader.

The worst thing you can do though is try to be in every trade no matter what. The result will typically be you giving back gains from your very confident trades by taking mediocre ones

- @Crypto_Chase 🔰

Never in my life I understood that obsession some people have of bagholding some coin while it bleeds to zero in hopes of a bounce to exit at break-even.

Just cut it and move onto the next plays if it has no signs of life, no? And if that baghold that you cut finally reverses and your thesis starts plays out - get back in on positive trend w clear defined SL and RR.

The worst thing a trader can do in my opinion is to marry the bag and the bias and lock capital into some stuff, while stopping paying attention to new opportunities that rise out there pretty much every single day just bcs he looks at chart of that bleeding coin every 15 minutes daily in hopes that this was the bottom

- @nosanityxbt

On bullmarket trend:

Adding to winners (relative strong assets with strength in narrative and charts) when given the opportunity

- @Penshosh1 🔰

”On final stages of a bullmarket or heated season:
We are entering the kind of market where day trading and getting emotional over hourly candles is just going to limit your profitability.

Zoom out, buy dips, size big into your favourite tokens (relative strength, healthy chart) and chill

- @Gold_Cryptoz

If you are having struggles trading, I cant recommend enough than moving up the timeframes.

If you usually trade the 5m, go to the 15m, if you do 15m, go to the 1h, 1h to 4h, 4h to Daily etc.

The higher the timeframe, the better the signal.

Find trades where multiple timeframes point to the same direction. If you are taking a trade on the 1H and it is at support, but on the 4H, it is at resistance. It's probably a bad trade.

Then when you have a big enough bankroll you dont even have to worry about the little boy shit on the LTF and can trade the weekly and monthly while vacationing on the beach

- @rainnen23

Altcoin money isn't real.
Always be withdrawing

- @docXBT 🔰

This notion that you'll sell the cycle top and exit is not real. Everyone tries that, vast majority fail.

The game will go on, it may take different shapes, but it's the same game, and we will keep playing.

The key is SURVIVAL

- @Mamba248x