Cred C Chat
@cryptocchat
Always trader, often shitposter, sometimes educator. @breakoutprop
[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
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…
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.
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…
"Debasement trade" Bro I bought crypto instead of gold I'm never moving out of debasement
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
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.
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
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
$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…
GM fellow digital asset value investors
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,…
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…
“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…
“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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