Happy in Journal
- Feb. 11, 2022, 2:02 p.m.
- |
- Public
I feel so happy.
So. My plan for day trading has commenced. If anyone wants to know what I’m doing, keep reading. (not financial advice)
I follow a few people pretty regularly. Dollar Cost Crypto, Cultivate Crypto, the Real Plan C, and my friend who is a developer for Tezos. You can find these guys on their various platforms if you’re interested in them. Plan C guy was recognized recently for his market analyzer which predicted the bull run and the dips before any other methods did.
Anywho. I am waiting for BTC to make a move above ~46k before 23 Feb. If it does that, there’s a good chance it will have a positive 60 day cycle. BTC positive means alt coin season. Some of these alt coins have the potential for making 3x, 5x, even 10x. Again. Not financial advice.
BTC always leads the market except for the program coins like Tezos (HODL for all time), so it’s nice to take a chunk once BTC is up and stuff it right back into the lagging alts. Ofc if you’re just getting in now with fiat, the choice is to lose your ass in fiat, go with the stability of BTC, or choose a high risk high reward alt. Or I guess if you’re super smart (not like me) find a low risk high reward alt.
I’m going with DOT on this cycle… I already have a bunch, and it’s been pretty stable since I bought it on the last dip, and it’s chart looks solid for another pump. Oh and yield farming with DOT is hot. Over 10% on most platforms, sooo… it’s a win-win.
I think BTC will have another positive run for a few reasons… the economy is way worse than anyone knows rn except for the 1%, and maybe most of them are just out. Several countries are approving use of crypto as currency, and the recent dip allowed for more BTC than ever to be removed from exchanges. Meaning there is more demand and less supply, so the price will go up.
I have found myself dwelling on the disparity of wealth recently, most especially after going into the city recently. I feel like this is an accelerated demolition of the country. People are dying, failing, suffering. Infrastructure is bleeding out. It’s like seeing an old, old man hobbling around with 2 broken legs, no coat and starving on the streets. He’s about to die. But he doesn’t want to die. So he struggles with the excruciating pain of broken bones and cold to try to find something to eat.
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