L33TN00BH4X0R 🐷🟪

in the last cycle the greatest indicator of us being in the early stages of a bullmarket was price action brushing off the USDC stablecoin depeg in this bullmarket the greatest indication will be price action brushing off the Binance hack

this is why we don't use insignificant price action to gauge confidence a -3% pullback shouldn't have destroyed your confidence, and therefore a +5% move off the lows shouldn't have increased it I've watched people flip bias 18 times in two weeks, and fabricate 4 different doomer narratives, as we chop sideways above HTF support it's much easier to just be bullish and stay bullish until the market proves you wrong.

after the worst traders you know got liquidated, many of these altcoins now look like this: what do you think happens next?

whoever told you bullmarkets are easy, lied in every bullmarket there's a mountain of smart-sounding reasons to be a doomer. people always look back and wonder how someone could've possibly participated in that environment and not become billionaire as a result it's because of this very reason; it's nothing new. we call it the "wall of worry" you're likely better off being a perpetual optimist.

you’d be surprised how little of my time “trading” is spent actually trading and how much of it is actually just waiting for something to happen either waiting for the market to present an opportunity, or waiting for the previous opportunities to finish running their course in this game, less is more. very few people have their brains wired in such a way where they can find high-quality trades constantly and make money on any given day good for those people. but I did not signup so I could stare at screens for 12 hours a day I’ve also already done that before, during the first 2 years of my trading when I was naive and immature. although I had great success (until I inevitably blew up), my health deteriorated quicker than my portfolio multiplied. so I’ll stay in my lane and do exactly what I’ve done for the past 6 years unapologetically — as it has always paid off handsomely in the end, and I haven’t had any blowups since the nature of ‘asymmetric opportunities’ is that they’re supposed to be less frequent than the opportunities you see daily so it’d make sense to operate in a manner which reflects that idea this is timely advice as you’ve seen a lot of the head figures in this space restart the discussion of “most people in crypto made it by trading spot” but having been here before, I’m aware a lot of people’s gripe with this advice is that many alts are already 200%+ higher than they were a few months ago right… which is exactly why you should have nothing to complain about whenever the market decides to pullback (giving you another opportunity to position your spot holdings) listen, your brain is flawed. it’s in our human nature. we always assume everyone around us is making more money than us and having more fun and every time, like clockwork, Bitcoin pulls back -3% and alts pullback -5-10% after going up for months on end — your entire feed is spammed with long liquidations, and you realize that your counterparty is retarded. you just have to be less retarded than those people, and you’ll be fine.

this is usually the part where people “NEVER TRUST A SUNDAY PUMP!” themselves into missing the next leg higher. enough of this nonsense. once upon a time I used to be superstitious about making sure I put my left sock on prior to my right sock before a basketball game, or else I genuinely believed I’d play poorly. if you understand how silly that sounds, you are also capable of understanding why some trading mantras are just complete nonsense that nobody took the time to backtest, and even if they did, that data would always skew asymmetrically in some manner, which gives a false impression of ‘signal’; i.e: ‘May is the best performing month historically for Bitcoin, so therefore you should buy Bitcoin in May’ is something an ignoramus would claim. historical data on Sunday has never implied what would happen on Monday, and neither has any other day of the week for that matter. these baseless mantras were pedaled as a narrative by some cringeluencer long ago, and in the cherry-picked examples where it actually played out that way, the masses took notice which gave a biased impression of false validity to them — similar to when you get a new haircut and suddenly begin noticing everyone with the same haircut as you. same gist. hope this helps. now please stop fighting the (up)trend.

trying to make it in a bearmarket is like playing Halo on 'Legendary with all skulls on' - an impressive feat that very few can accomplish trying to make it in a bullmarket is like playing Minecraft on 'peaceful' - there are no monsters; you can only die from fall damage or lava [due to your own stupidity] so just don’t be stupid, and you'll probably have a great time. it really is that simple.