Money is time. Inflation is time theft #bitcoin
A fantastic conversation on the Canadian freedom convoy. For those of us in the west that thought the principles of bitcoin were only for developing countries this is a wake up call.
#freedom #bitcoin
#bitcoin
Yesterdays bar capping price. I like to see the high of this bar taken out in no more than 7-10 bars.
Huge change in character here in bitcoin and for the first time in a few years uncorrelated return
#bitcoin
The ‘shake n bake’ or slingshot is one of the most powerful set ups in the book. 3 days from the technical buy now so expect some consolidation here.
Bitcoin holding to the right side of that trend line well for a major move
My central bank is corrupt moment occurred through watching this documentary
Certainly one of the craziest few days on markets in my trading career.
For those in the west #bitcoins fundamental tenants have only been necessary for the developing world. That changed this week and I feel like we will look back on this as a pivotal point in #bitcoins adoption journey
I’ve never been more content to hold #bitcoin than now.
Most don’t realise how much they need #bitcoin until they actually do.
One of my key mantras is to try and attack everything in life from a position of strength.
When it comes to markets where are you right now?
We have been saying now for weeks that this is a do nothing Market and setups are minimal.
Let the stocks guide you.
$dro continues to hold up well in a weak tape. Held that 30c price well and continues to be one of the few names I want to be in.
If overtrading in a bear market is a problem, do less screening. At the moment I screen for new names once per week. It’s helps me stay tight and focussed while preserving mental energy.
There are so few setups on the #asx at the moment I’m getting through my routine in 15mins
Let the market dictate your exposure. I want the least time in the market possible for the most return.
#trading
Another fantastic episode. Lots for humanity to think about and fast as we go on this unstoppable journey
https://open.spotify.com/episode/3GRZZzIx6JK0gkUBH6vrwT?si=eUmhMdAQTiWNnydLuULxAw
A bear market will really show you the real reason why you are in this game.
Many are in it for the thrill or action.
If you really want to succeed you will have to put a mirror up to yourself and look deep within. Not too many pursuits in this life that require that level of focus and introspection #trading
Both will test you in ways you didn’t imagine possible
Bull market: will show you who you really are
Bear market: will show you who you need to become
A bull market is where you make your money. A bear market is where you decide whether you want to keep it #mindset
$xte a good example of the sloppy market. No evidence here to get heavy long
Least setups on the #asx we have seen in 2023. Do nothing Market.
3 year US #bonds continues to push higher in a V-shape move. Unlikely to push into highs with this structure so expect right side and continued volatility throughout equity markets.
Rates continue to look like they want higher.
