cryptocchat's profile picture. Always trader, often shitposter, sometimes educator. @breakoutprop

Cred C Chat

@cryptocchat

Always trader, often shitposter, sometimes educator. @breakoutprop

Pinned

[Pinned] I've updated my list of trading resources. It's now organised into different categories with additional content. All free, built over the last 7+ years: My link below 👇 👇👇 shorturl.at/eUZQQ


Cred C Chat reposted

Sentiment is understandably a bit shit Everyone got nuked on the October wipeout and market hasn't recovered since as every bounce gets sold Equities and metals have been up only and the prevailing coping mechanism has been a reliance on a 'rotation', but it hasn't happened…


Cred C Chat reposted

It’s cool to see @breakoutprop on Kraken’s site. Didn’t think I’d ever build anything in crypto. Started off as 3 mates in a Telegram chat a couple of years ago, and now here we are.

CryptoCred's tweet image. It’s cool to see @breakoutprop on Kraken’s site. 

Didn’t think I’d ever build anything in crypto.

Started off as 3 mates in a Telegram chat a couple of years ago, and now here we are.

Cred C Chat reposted

Cred C Chat reposted
CryptoCred's tweet image.

Cred C Chat reposted

As much as I love to shitpost nowadays My pinned tweet and articles are pretty helpful for newer traders Built these resources over the last ~8 years and they've generally stood the test of time Will continue to make periodic updates (most likely articles) Free ofc

[Pinned] I've updated my list of trading resources. It's now organised into different categories with additional content. All free, built over the last 7+ years: docs.google.com/document/d/15c…



Cred C Chat reposted
CryptoCred's tweet image.

Cred C Chat reposted

"Debasement trade" Bro I bought crypto instead of gold I'm never moving out of debasement


Cred C Chat reposted

GM It appears the coins went down overnight I am coordinating with local law enforcement and working closely with creditors to resolve this miscarriage of justice Thank you for your attention to this matter


Cred C Chat reposted

Crypto changed my life. I was fat, lonely, insecure, living in my mum's basement, and working a mediocre job. Then I discovered crypto. Now I'm fat, lonely, insecure, living in my mum's basement, and have a crippling gambling addiction.


Cred C Chat reposted

Ok so we underperform stocks and gold on the way up And then on the way down our altcoins go to literal 0 Cool, nice Ffs


Cred C Chat reposted
CryptoCred's tweet image.

Cred C Chat reposted

When I'm long and it goes up: Reflexive repricing, flywheel activated, sell-side liquidity crisis, momentum-based regime shift When I'm short and it goes up: Market manipulation, final inning exit pump, last gasp of a toppling ponzi scheme, engineered short squeeze


Cred C Chat reposted

$BTC Vicious swing failure at the highs. Buyers were absorbed and trapped. Logically, being completely reasonable, the first level of support is the middle of the range at $69,000. But typically failure on one side signals a move to the opposite extremity. That would be a…

CryptoCred's tweet image. $BTC

Vicious swing failure at the highs.

Buyers were absorbed and trapped.

Logically, being completely reasonable, the first level of support is the middle of the range at $69,000.

But typically failure on one side signals a move to the opposite extremity.

That would be a…

Cred C Chat reposted

GM fellow digital asset value investors

CryptoCred's tweet image. GM fellow digital asset value investors

Cred C Chat reposted

Lads there's a ton of value in knowing what your setup looks like when it gets rekt If you're a momentum trader, prepare to buy the top/sell the bottom If you're a trend trader, prepare to get chopped up and have a bunch of false starts If you're a mean reversion trader,…


Cred C Chat reposted

I don't often post about @Breakoutprop. But building something and getting acquired by Kraken is pretty cool. The product itself isn't that new. It has existed for over a decade in the FX and tradfi. The space has a bad reputation because so many of these products have…


Cred C Chat reposted

“If only I went all-in [trade] and held I would have [PnL].” Stop. 1. You didn’t. 2. You would’ve found 100 ways to fuck it up even if you did. Torturing yourself with counterfactual PnL fantasies is not productive. Reflect on your process and then clear your mind so you…



Cred C Chat reposted

Cred C Chat reposted

“Comfy in spot” contains meaningful wisdom Crypto requires high volatility tolerance, especially if you’re planning to hold for weeks and months If you’re using perps to put on a ton of size, paying a shitload of funding, and have a hard stop in place - you’re more likely to…


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