Gh0st (@Gh0stOnChain) header
Gh0st (@Gh0stOnChain) profile picture

Professional Dickhead | Working to Retire My Great Grandchildren I quit real life to trench full time No team/project affiliation NFA - Always DYOR

Trenches
Joined June 2015
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Thought it was time to pin the $SUI thesis. After diving deep into tons of chains, one stood out above the rest: $Sui. 1/10 - 👇🧵
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Summer's over, and I'm back - Time to lock in. Not confident in this, but I'm thinking we get a choppy September (bit of downward action before the next pump). Trenches feel very slow, and opportunities feel harder to come by. That being said, there's always money to be made.
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Remember the best time to buy is when everyone says its over and prices are tanking. Don't chase pumps, DCA conviction. Not saying the bottom is in, just reminding you that buying green candles is not the way to make life changing money.
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back from the dead to remind everyone this dip is perfectly normal. Charts can’t go straight up in the long term. With each leg, smart traders take profits / exit positions, and we see dips allowing for redistribution. Stop living in the short term and look at high time frames
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Not even sure if I want to keep buying the dip. $Btc still sitting above 100k, yet alts have been sent into oblivion (eg. $Sui down 50% from ATHs, $Sol down almost 60%). Something feels very off right now. The space feels more disgusting and manipulated than usual.
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Added a bit more $Sui, $Sol and $Hype with these dumps. Very possible we continue to go lower, especially if this Iran-Israel conflict continues to escalate, but I’ll just keep loading up as the price dips.
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$Sui just broke out of the downward trend that started when #Cetus got hacked. Currently sitting at the weekly support level. If $Btc continues to pump, we might see another one of those crazy $Sui legs that have happened time and time again. (NFA)
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Not sure if it's all up from here. But I gave you guys the exact level $Sui went to (2.89 on #Binance) 12 hours before we saw #TrumpVsElon and everyone thought it was over. Zero interactions on the post, but people still fanboy over KOLs that use them as exit liquidity. Don't you just love CT 😂 Hopefully some of you were smart enough to swing trade the dip (or build onto your positions).
This is the #Binance $Sui perpetuals liquidation heat map (from coinglass.com) As you can see there is a huge liquidation level around $2.89 I hope I'm wrong, but I wouldn't be surprised if we see price move to these levels before moving higher. Great lesson as to why you always need to be careful with leverage.
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I'm tired of winning. Please make the winning stop. I can't take any more winning.
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This is the #Binance $Sui perpetuals liquidation heat map (from coinglass.com) As you can see there is a huge liquidation level around $2.89 I hope I'm wrong, but I wouldn't be surprised if we see price move to these levels before moving higher. Great lesson as to why you always need to be careful with leverage.
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Hardcore levelling up my Ikachan when $Sui was at $2 was one of the best decisions I've ever made... So bullish on everything @ikadotxyz has done. Community is insane, and obviously really gud tek... The squid revolution is about to start 🦑💧
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1/ 🚨 Crypto isn’t dead - it’s rigged, played, and waiting. Here’s what’s really going on - from exchange manipulation to global liquidity, and why the next big move might catch everyone off guard: 🧵👇
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9/ This is the 'boring ' and scary phase. Smart money is buying. Retail is rage-quitting and getting liquidated. It's important to follow your convictions while not taking on too much risk.
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10/ As always, NONE of this is financial advice, and is merely my opinion. Always do your own research, and invest only what you are willing to risk. Personally, I find it best to stay away from leverage (unless you really know what you are doing), keep up to date with the FED and M2, and hold on for the ride. WAGMI.
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