📺 YT: https://teapaw.org/t.co/QUn5lEEkA3 🌳 Linktree: https://teapaw.org/t.co/sR6NdzbNhF 🕵️♂️ @HideoutNFT
Fomoverse
Joined April 2021
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Conscious that I've now got a LOT of Alpha Always links as I continue to add to my guides.
As such, I've created a Linktree which includes links to all of them - both the Twitter threads, and the Unrolled versions.
Link here:
linktr.ee/opt1m3
Such a good thread, and Ben is an excellent trader. Would absolutely recommend the read.
In times like this I get a lot of dms about "what should I do?"
The truth is nobody actually knows and anyone acting like they do is just someone to ignore
Trading has and always will be a game of probabilities, "IF this then that," not "WHEN this then that"
"TA" is a tool to identify levels of interest to act on, not a tool to predict the future. As it stands right now we are at a daily support level on BTC, bidding any strength/confirmation here is fine (confirmation could be a lower timeframe sign of strength (market structure, reclaiming EMAs etc)
"Lose this level and it's lights out" is a meme but this is a point where it's potentially true. Chart wise there isn't much below here besides the arbitrary EMA structures and a daily cluster at ~52k
If we were to lose 60s, then we head towards 52k and pray. Losing 60s and reclaiming would act as a "bear trap" / "liquidity hunt" or whatever tf you want to label it as, and would be an easy bid with a clear invalidation (the local low)
Below 52k it's just a weekly level at 44s but I think it would take a lot for us to get down there. (but anything is possible, if this then that)
Some basic if statements:
if we lose 60s, bid 52 blindly or "wait for confirmation."
if we lose 60s but then reclaim it on a daily close, then bid
Apply the same thing to each level, 52s and 44s
Remember, anyone talking in absolutes is just someone to ignore, everyone on CT is larping, no one knows anything about geopolitics, dunning-kruger is ripe here
after saying all of this: most of you should just hold for the long-term and ignore the noise anyway
optime // The Seafarer retweeted
As Blast mainnet approaches, we at Hideout believe it’s important to highlight the importance of staying vigilant against scams and those who would attempt taking advantage of the hype to steal your coins.
Firstly, it’s crucial to routinely take a step back from trading. Reset your mind and trade with clarity in order to avoid acting too hastily.
Study conviction, and seek quality instead of garbage.
Remember that the potential in this market is vast. Don’t waste future opportunities by chasing the shiny new thing.
Imagine the regret you’ll feel when ETH is 10k and you’ve made an unplanned donation of your tokens to a French developer.
Monitor coin supply distributions using tools like bubblemaps, keep an eye on holders with abnormal quantities of supply and check whether they’ve dispersed tokens.
Don’t trust, verify. Take the initiative to personally check the legitimacy of supply burns and lockups yourself, and be skeptical of randoms in telegram groups telling you to put your entire portfolio into the project.
Incorporate social analytics into your strategy. Track Twitter follows like you would a wallet, and look into the historical names of accounts freshly deploying. If something seems off to you about those following the project, they’re likely using bots.
Base your decisions on research, and keep an open mind.
Be cautious of influencers’ posts and consider their motives. If they have public wallets, investigate their actions rather than their words, not everyone has your best interest in mind.
Finally, Invest some time learning to read a block explorer during this period. It's an invaluable skill and it’ll remain useful to you in the future.
Man, I know it's flavour of the day at the moment, but if you haven't checked out Farcaster, then I'd highly recommend it.
It's everything that DeSo should be, and I'm very excited by it. The possibilities are incredible, and the best thing?
The UI, with clients like WarpCast, is absolutely great. It's so very usable. It's intuitive. It feels good. And there's so much that can be built on top of it.
Without censorship. With new use cases. And with community.
How haven't I got involved in this earlier? Kicking myself for being so slow to this.
warpcast.com/~/invite-page/2…
So Injective seems to be the chain that people are starting to flock to, to try and find the latest memecoins...
For those of you trying to catch up, here's a brief thread going over how you can get yourself started. 🧵🔽
//Checking TXs//
The only other thing you probably will need to know, for now, is where to check TXs.
You can do that on the official Injective Block Explorer, which can be found here:
explorer.injective.network/
