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Chill (Ξ, Ξ)
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Took advantage of today's dips to add to some of the conviction plays. Send it all.
It's time.
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Chill (Ξ, Ξ)
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$House back at max R/R level. → Narrative bleeding outside of CT → Classic -80% drawdown from ATH → Community still pushing the narrative Analysts, huge names (i.e. Warren Buffet), and other experts are calling for a correction. Much, much higher as this narrative continues to pick up steam.
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Time for some parabolas across the board? 👀
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That $KTA dip got eaten up quick. RIP to all the sellers.
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Another thought on an extended cycle. Institutions, governments, companies, and other larger players are buying up crypto. Meanwhile, JPMC CEO continues to call Bitcoin and crypto a scam. Aka they are still running the psyops on retail. Retail isn’t the least bit interested in crypto right now. Especially, after the recent “mini bear market.” This cycle will “rhyme” with history in that retail will come to buy the top. As it stands, retail isn’t here. They have limited discretionary funds and are too scared to takes risks with the economical uncertainty the US faces. Tariffs, rising government debt, rising cost of living, and other pressure only increase that fear. When things clear up and the economy looks “good” again, that’s when retail will jump in. This will take some time. But by the time they are ready to buy, it will be too late. They will get caught buying the ultimate top. Again.
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Building up your port is a marathon, not a sprint. Many run themselves into the ground with dreams of 100xs overnight. In reality, you just need to stack wins consistently over time. There aren’t many people that can trade these markets. Those of us who can shouldn’t waste the opportunity. Lock in.
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