For those of you currently trying out the indicator for event trading, you can save this. I hope you make a fortune from here on out. The feedback on the indicator has been pretty good so far. At the very least, it’s helped us slow down and become consistently profitable.
It's been several days since I properly traded events with you all. The indicators have been performing really well lately, so I've gotten a bit lazy. From now on, I'll trade with you for at least 2–3 days every week. I'll also go live from time to time during periods that are suitable for the indicators, and use them to guide your trades. The indicators were created using my methods and techniques. You can think of them as a robot, or as a cool, emotionless Teng. So sometimes they have a higher win rate and are more consistent than I am. As long as we can rule out unsuitable market conditions, the indicators are sure to outperform me.
Let me make a prediction and give everyone a long-term trade to hold for 1–2 months. Hold BTC shorts until around 68,000 and ETH shorts until around 1,800. 1. Amount comparison: Binance’s $6.3 billion this time is 4.2 times Bybit’s $1.5 billion, setting a new record for the largest crypto theft in history.
2. The market drop was actually not that large: Although the amount stolen from Binance was more than four times that of Bybit, BTC’s decline (~4%) was smaller than ETH’s decline (~8%) after the Bybit incident. The reason is that the total crypto market capitalization has now grown to around $2.6 trillion, making the market much larger. Binance also announced full compensation, quickly curbing panic.
3. The fundamental difference: Bybit lost ETH on just one chain, while Binance was hit across 11 chains simultaneously, making the attack surface much larger. But Binance is much bigger and has deeper reserves, so its ability to withstand risk is far stronger than Bybit’s
After getting feedback from our target users, I immediately wanted to jump up and keep livestreaming. But I forgot I’m an old geezer now, haha. Let me get some sleep first, young’uns.
The win rate on the 10+ trades before this was through the roof, but unfortunately I just woke up. If you had an indicator that caught this move, tell me how you're doing now.
It’s as if fate has already written the script for crypto traders…
Tomorrow is Halloween: no one to spend it with, and you lose money trading crypto. Christmas Eve, 55 days from now: no one to spend it with, and you lose money trading crypto. Christmas Day, 56 days from now: no one to spend it with, and you lose money trading crypto. New Year’s Eve, 62 days from now: no one to spend it with, and you lose money trading crypto. New Year’s Day, 63 days from now: no one to spend it with, and you lose money trading crypto.
You have no one to spend any of these holidays with, and you lose money trading crypto 😂
The last 10 signals were 9 wins and 1 loss. I was holding a short position overnight, so I was still asleep while you guys were making a killing. My God, not one of you called to wake me up so I could make some money? So selfish, huh? I’m never sleeping again.