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
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
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⤵️
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.
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.
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.
Sell in a bearish market & buy in a bullish one.
That is not all, though, or everyone would be printing M's daily.
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.
This is where most accumulate positions and set stop losses, driving buying & selling.
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)
⎆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.
⎆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:
Join our free TG: t.me
For more alpha threads, my trades, calls & whale wallet tracking:
Join our free TG: t.me
I hope you've found this thread helpful.
Follow me @DamiDefi for more.
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Follow me @DamiDefi for more.
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