Dami-Defi
Dami-Defi

@DamiDefi

14 تغريدة 2 قراءة Aug 22, 2024
17 year olds have gone from $1,500 to $750,000 this year alone!
You can turn $1K today to $30K by 2025. Some will even turn that $1K into $1 Million.
The secret is in finding 1000x altcoins early.
Here's an easy strategy you can master in 5 minutes 🧵 (will be deleting soon)
The crypto market is cyclical, just like all money markets.
Each bull cycle follows a pattern.
Every time, there will be a group saying, 'this time it's different' only to end up getting REKT
This isn't my first bull run, so I can tell you that opportunities to make money are there for everyone.
But only early buyers get the biggest gains.
The question is: how do you become one of the early buyers?
You don't need to manipulate the market or be an insider.
What you need is to understand who manipulates the market and how.
Learn TA (technical analysis) and stop jumping blindly into random coins.
Here's how⤵️
First, understand that a chart isn't just a chart.
It's market makers manipulating the crowd.
With TA, you can predict their next move and make money.
You stop being hunted and become one of the hunters.
Second, master trends. The market alternates between bearish and bullish trends.
⎆Bullish trend: higher highs (HH) and higher lows (HL)
⎆Bearish trends: lower highs (LH) and lower lows (LL)
Trends help you understand market behavior.
Sell in a bearish market & buy in a bullish one.
That is not all, though, or everyone would be printing M's daily.
That brings us to interest levels: Resistance and Support.
To identify support and resistance levels like a pro, examine candles with the highest volumes.
This is where most accumulate positions and set stop losses, driving buying & selling.
By leveraging trends and interest levels, you can also spot stages of depression in the market
These are periods of dips when panicked investors are selling.
It's the best time to accumulate your high-conviction plays.
Time to get greedy when everyone else is fearful.
Now let's turn this into an actionable strategy:
⎆Go to: @CoinMarketCap or @coingecko
⎆Analyze top 300 coins by MC
⎆Click charts
⎆Mark interest levels
⎆Find depression stages
⎆Evaluate VCs and KOLs (TA is irrelevant if they aren't strong)
Lastly, analyze the project's community
⎆Visit their website
⎆Review their roadmap
⎆Follow them on X and join chats
A project's growth is largely driven by the community.
So, strong TA is important, but not the only factor.
Everything in this thread is my personal view and is not financial advice.
For more alpha threads, my trades, calls & whale wallet tracking:
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I hope you've found this thread helpful.
Follow me @DamiDefi for more.
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