HODL is king, it's freaking amazing, sucking the life out of the entire market. All trading assets are just depending on the storage front. Bitcoin used to be a profitable asset through trading, but now there's zero liquidity; when the US markets crash, it crashes too, and when the US markets rebound, it bounces back. The rest of the time is just dead time.
No profits from short positions, no profits from long positions.
On March 17, crcl 130, you can check out the comments section on Wufan's post It's all about FOMO, missing the boat, when can I hop on, thanks to the mentor.
On June 25, crcl 70, mentor, I’m really frustrated, holding crcl and missing out on the entire bull run. The comments section has many of my followers, I took screenshots, don’t mind it.
I can only say one thing to all the internet influencers and to myself: Never share any opinions or strategies on social platforms, if you lose they’ll roast you, if you win, they’ll thank you.
From now on, I won’t recommend anything anymore; I’ll just be a news blogger.
I updated the video on the gold price the night before last, saying the opportunity is between 4060 and 4100, and it can't drop below 4020. Today it got there, but this opportunity isn't as solid as it was on June 11th. Back then, I went long with 100 lots; today, I might just open 10 lots for fun, so the opportunity isn't as big as you might think.
Don't rush it; any big opportunities with leverage will be signaled by the bot or I'll drop a video. Let's take it slow for now.
Cbrs IPO price at 185, a lot of folks are waiting to scoop up at the IPO price, but it hasn't hit that yet, bounced back from a low of 196 with a 30% pump.
Spcx IPO price at 135, do you think we’ll see it drop down to the IPO price or will it get close enough for a bounce?
The market had a flash crash at the start of the month and another one at the end. This shows that the leverage is too high; last time it took three months to see a crash, this time only half a month.
Micron's last earnings report peaked on March 18. Hynix also took a nosedive, so Micron's earnings won't provide any bullish momentum. Over the next few days, don't rush to chase high storage prices; there should be a chance to short.
I'm currently on 3mg of slow-release melatonin and it's mind-blowing. Last night I hit the hay at 1 AM and didn’t wake up until noon, woke up once but was able to drift back to sleep, way better than taking Dali's stuff.
Gold hit its daily lows on March 23 and June 11 right when the US-Iran situation was at its peak, while the highs in mid-April and on June 17 came during the détente.
Stop fixating on the US-Iran drama; one moment they're making amends, the next they're throwing shade. What good does that do for your trading?
No updates means I don't have my rig with me. Once I'm back home, I'll drop the updates, and by the way, my remaining positions haven't even taken a hit yet. If you're struggling with your short trading, just ride my entries and exits instead of messing around in the middle.
I've already read the market; I won't be chatting about it tomorrow.