Long term investor is unsuccesfull short term investor

Story of a guy, who bough BTC,
back in 2016

Follow me on x.com/tygas

How you make your buying desicions?

  • Stocks

  • Fonds

  • ETF

  • Investment Fonds
    PS: look at A16z https://messari.io/screener/a16z-portfolio-4B8851BF 

Investing 1010 - assets classes

  • Forex
  • BTC, ETH and other top10 on SPOT
  • Crypto futures ( Leveraged tokens)

Understanding where you are is critical
Also, understand where the money comes from

Nobody want to get rich #slow

https://isitfriday.dev/dollar-cost-averaging/

But if you want how about reserving 100$ for BTC each Monday?

Is using leverage
for most volatile

asset in the world 

really good idea?

“Don’t focus on making money; focus on protecting what you have.”  Paul Tudor Jones

Money management

https://bloodgoodbtc.com/crypto-trading-guide-how-to-be-a-successful-trader-by-bloodgoodbtc/#crypto-trading-guide/1/

BTC halving

https://www.tradingview.com/chart/BTCUSD/zDs32rdu-BTC-Halving-Cycle-Top-Analysis-2021-2022/

You #learn while you trade invest and make mistakes,
#analyze them,
#journal them.

You improve when you pay attention to the word in bold ☝️

Risk / reward ratio

Just buy and HODL for a year?

1. FORM YOUR MARKET IDEOLOGY

Why do you think you can make money from the markets? What's your EDGE?
 

2. CHOOSE A MARKET FOR YOUR TRADING STRATEGY

Top 10, potencial x10 coin, total low cap shitcoins?


3. CHOOSE A TRADING TIME FRAME

For long term - D, and H4 only for specific entry


4. CHOOSE A TOOL TO DETERMINE THE TREND (OR LACK OF)

Moving averages, Candle patterns, HH and LL, etc.

 

5: DEFINE YOUR ENTRY TRIGGER

Candle pattern, support resistance, fundament rumours (news is already too late)
 

6. PLAN YOUR EXIT TRIGGER

Super important. Plan loss ahead. There is no point in holding a coin without strong fundamentals with 50% and more for years.
 

7. DEFINE YOUR RISK

The primary way to do so is by position sizing. For a given trading setup, your position size determines how much money you put on the line.

 

9. PLAN HOW TO IMPROVE YOUR TRADING STRATEGY

Your trading strategy is a living object. It is not static. Backtest with past data. Record trades and keep your chart images in good order.

8. WRITE DOWN YOUR TRADING RULES

Having a written trading plan is a robust method to ensure discipline and consistency. It also provides a record of your trading strategy. You will find it useful when you are trying to refine it.

 

Look at your trading strategy as casinos
Casinos consistently earns only 3-5% of

all plays no matter that some wins (some even huge and some loose).

“Don't ever make the mistake of believing that market success has to come to you fast. Trade small, stay in the game, persist, and eventually, you'll reach a satisfying level of proficiency.”

Cut the bullshit!  Strategy

Dollar cost averaging

Show your 5 friends
I will tell how your are doing

Staking

#WAGMI   2024-11-01 Traders hotel, Abu Dhabi
Party for those who take profits

Text

 #WAGMI   2024-11-01 Traders hotel, Abu Dhabi
Party for those who take profits 

#WAGMI   2024-11-01 Traders hotel, Abu Dhabi
Party for those who take profits

Bold

By Eimantas Tauklys