Profiting from the BTC Ponzi/Delusion - over & over & over....
As I have said in my previous posts this week, understanding the trend makes your trading life easy.
Instead of obsessing over charts here that are no more useful than finger paintings, focus on the broader economic picture, and how that picture will affect the top scam - crypto.
We are and have been in a clear downtrend. This is unarguable by any serious trader.
When the scam/BTC fake pumps to the upside in a downtrend, simply establish a short position, and continue buying short positions at set intervals, near key resistance points.
This keeps your TP point close, and increases your profit by the number of positions you established.
For example. When you see a 130% win, that win is actually over 300% - 400+% because of the additional positions.
Don't worry about the perfect entry points, only about the trend direction.
The higher the scam fake pumps, the more we make - in a downtrend.
Pay yourself often, and remember when using 100x leverage, 30% of every trade goes to fees, the rest is yours. 130% is an ideal TP point. Don't engage in hero runs and don't ever set stop losses. Really, this is a game of margin and again, knowing the TREND DIRECTION.
Easy money.
Instead of obsessing over charts here that are no more useful than finger paintings, focus on the broader economic picture, and how that picture will affect the top scam - crypto.
We are and have been in a clear downtrend. This is unarguable by any serious trader.
When the scam/BTC fake pumps to the upside in a downtrend, simply establish a short position, and continue buying short positions at set intervals, near key resistance points.
This keeps your TP point close, and increases your profit by the number of positions you established.
For example. When you see a 130% win, that win is actually over 300% - 400+% because of the additional positions.
Don't worry about the perfect entry points, only about the trend direction.
The higher the scam fake pumps, the more we make - in a downtrend.
Pay yourself often, and remember when using 100x leverage, 30% of every trade goes to fees, the rest is yours. 130% is an ideal TP point. Don't engage in hero runs and don't ever set stop losses. Really, this is a game of margin and again, knowing the TREND DIRECTION.
Easy money.
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Easy peasy...
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New short, same strat...
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Another juicy one...
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