shitcoinsafari Profile
shitcoinsafari

@shitcoinsafari

1,619
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33
Following
38
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1,500
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In the shitoville

Joined July 2023
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@shitcoinsafari
shitcoinsafari
26 days
the merge -47%. eth etf -48%
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@shitcoinsafari
shitcoinsafari
2 months
Tweet media one
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@shitcoinsafari
shitcoinsafari
17 days
you are trading against people that buy every panic and sell into any bullish catalyst or news. does it feel like retail?
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@shitcoinsafari
shitcoinsafari
2 months
memes was the worst category until late 6 months uptrend. high fdv did well early, even w unlocks (op, apt, arb). careful of people rewriting history
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@shitcoinsafari
shitcoinsafari
1 month
few months enough for reminder. dont chase winners when btc is weak. if btc sustained weakness, winners will lose like everything else. hold btc for reduced drawdown, hedge or fiat. dont long sol short eth on the way down. when people panic, they will sell everything
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@shitcoinsafari
shitcoinsafari
27 days
thats the liquidation of some smart people with poor risk management who mistakenly believed the eth etf trade would exactly replicate the btc etf trade. something about this cursed asset that attracts the most mediocre risk-taking behaviours from intelligent people
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@shitcoinsafari
shitcoinsafari
23 days
ath soon
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@shitcoinsafari
shitcoinsafari
4 days
ton dropped 30% in 12d. eth dropped 40% in 13d without the founder being arrested
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@shitcoinsafari
shitcoinsafari
2 months
still believe range wont break and we will revisit 65. but last time i ever entertain the same side as consensus ethheads. may 2021 and aug 2022. similar eth positioning leading to market crash. we are repeating the same fractals
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@shitcoinsafari
shitcoinsafari
3 months
been around long enough and you develop the intuition to evade traps. sometimes the narratives are just too good you end up trapped anyway
Tweet media one
@shitcoinsafari
shitcoinsafari
4 months
@kwaker_oats_ long eth when theres no consensus. once you can feel its the consensus trade, slowly reduce into high volatility and dont buy back until longs are dead
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@shitcoinsafari
shitcoinsafari
3 months
unlikely for sol to be higher than 600-700 this cycle . 1k is selling the dream
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@shitcoinsafari
shitcoinsafari
2 months
altseason always been ironically, self-defeating
Tweet media one
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@shitcoinsafari
shitcoinsafari
3 months
thats enough time capitulation. 4k within next 2 weeks
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@shitcoinsafari
shitcoinsafari
27 days
alright, this is anomaly territory. someone was carried out on eth
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@shitcoinsafari
shitcoinsafari
2 months
liquidated crypto to buy eth and subsequently sold eth. playbook similar to many others hence bearish month. consider when the eth etf narrative is over and sellers discover it wasnt the top, whos the last to buy back all their holdings
Tweet media one
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@shitcoinsafari
shitcoinsafari
2 months
cant share everything. just have to do your own homework. dependent on market condition
Tweet media one
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@shitcoinsafari
shitcoinsafari
5 months
longing alts, mostly in and out. no long term holds until later. plenty of victims waiting to close breakeven the higher we go. time capitulation is still a thing
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@shitcoinsafari
shitcoinsafari
3 months
less than a month to exit the eth trade. preferably after some god candles
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@shitcoinsafari
shitcoinsafari
3 months
painting depicts large group of impoverished people waiting for the eth etf
Tweet media one
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@shitcoinsafari
shitcoinsafari
3 months
more investors confusing sol reflexivity with product-market fit. the super meme casino. until btc top, misunderstanding will continue to drive sol prices higher due to price comparison and delusional relative value investing. so many fallacies collapse on each other
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@shitcoinsafari
shitcoinsafari
2 months
they should make movie about a range. instead of the big short, call it the big chop. audience expect climax and never get any
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@shitcoinsafari
shitcoinsafari
16 days
heres a solana killer you can bet on
Tweet media one
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@shitcoinsafari
shitcoinsafari
2 months
every 3-4 months, people switch between “dont buy alts. stick with btc” to naming every category of alts available as the next big thing
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@shitcoinsafari
shitcoinsafari
1 month
great to see eth is weak again. reduced hedge. re-evaluate after conference and in 2 weeks
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@shitcoinsafari
shitcoinsafari
1 month
etf commentary always on brand. analysts have no clue what the data is saying. the data has no clue what it is saying. the asset being traded has no clue what its supposed to do
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@shitcoinsafari
shitcoinsafari
1 month
its disbelief when both bulls and bears are surprised. if the bulls arent surprised, its probably something else
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@shitcoinsafari
shitcoinsafari
3 months
june 30 is interesting considering quarterly rebalancing. if eth correction takes place before the rebalancing, should be ideal date to buy back again
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@shitcoinsafari
shitcoinsafari
4 months
eth to ath is the last easy long for ethheads
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@shitcoinsafari
shitcoinsafari
1 month
ppl used to slow flushes, thinking always another month to buy low, sell little higher. possible we have 1 slow flush or less, followed by a multi-month uptrend w shallow corrections. these uptrends often rewire minds, making ppl believe trading is easy
@shitcoinsafari
shitcoinsafari
6 months
isnt real flush. fast one always followed by slow one. gl biddng here you may get a nice bounce before the slow one. ath momentum always unpredictable due to the rtards on leverage
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@shitcoinsafari
shitcoinsafari
3 months
on alert next couple of days. if eth doesnt slow down, might be concerning for the other crypto and then in few weeks, for eth
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@shitcoinsafari
shitcoinsafari
1 month
sol isnt the safe haven trade if btc is weak. you are still trading btc, not sol
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@shitcoinsafari
shitcoinsafari
3 months
if btc declines, people will blame eth again. there is some truth to it. unless we get new liquidity coming in to speculate on the eth etf soon, it will be pvp. no obvious trade in pvp environment
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@shitcoinsafari
shitcoinsafari
1 month
majority still not tuned into election until mbe early october. peak engagement eoy. then election fatigue probably sell the news
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@shitcoinsafari
shitcoinsafari
2 months
view crypto market by how majority allocate their portfolio and adjust it over the bull market
Tweet media one
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@shitcoinsafari
shitcoinsafari
28 days
you can tell weve been trading with the same groups of people past 4 months. its the same repetitive trades 4 months in a row
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@shitcoinsafari
shitcoinsafari
9 days
2 weeks of watching mean reversion algos take peoples money
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@shitcoinsafari
shitcoinsafari
3 months
expected 2-3 weeks on btc rally before any major correction. eth etf development changed market dynamics. weakens btc rally short term. usually, i would say eth trade is crowded but abnormal situation. almost no froth and investors are optimistic
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@shitcoinsafari
shitcoinsafari
2 months
it used to be just burniske advising his followers to sell the lows. more of a party this time around. everyone wanted to be the next big short
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@shitcoinsafari
shitcoinsafari
4 months
ct busy building a house of leverage for all the alts within the meme category until they become so crowded, they stop outperforming other categories. first, rotation within the category then rotation outside the category
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@shitcoinsafari
shitcoinsafari
3 months
no one can tell if its ww3 or eth etf looking at pa
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@shitcoinsafari
shitcoinsafari
1 month
they will blame war, bad macro, mtgox or germany. list goes on. anything except eth
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@shitcoinsafari
shitcoinsafari
26 days
closed everything. no hedging or pair trading. withdrawing off exchanges until resolution. better than having to figure out who blew up
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@shitcoinsafari
shitcoinsafari
4 months
people think we ll slow down after this month. hope so. im more bearish. i think we speed up the next 6-8 months and top out by start of next year then chop for months at the top.
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@shitcoinsafari
shitcoinsafari
4 months
favourite part past 6 months is watching the timeline calling froth the entire way up. when its finally frothy they call it cultural movements. lesson there somewhere on gaslighting
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@shitcoinsafari
shitcoinsafari
7 days
if you re experienced in prison trading, you know exactly when a founder s arrest is factored into the price. cant remember exactly but doubt its within the day
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@shitcoinsafari
shitcoinsafari
2 months
blame sol and celebrities? eth is about the same size of every alt combined and we had a news catalyst that baited the remaining people to sell everything and longing eth with leverage. largest liquidation today will be eth
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@shitcoinsafari
shitcoinsafari
4 months
every crypto narrative dies twice: first, when leverage becomes unsustainable, and second, after a massive liquidation followed by a rebound to old highs, as people cling to consensus
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@shitcoinsafari
shitcoinsafari
23 days
all the bears emboldened by the flame of ambition
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@shitcoinsafari
shitcoinsafari
4 months
less than 2 weeks left
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@shitcoinsafari
shitcoinsafari
29 days
all the effort and time spent on eth etf inflows and its back below 3k
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@shitcoinsafari
shitcoinsafari
2 months
after flush is over, we ll be back 71k 3.8k 170
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@shitcoinsafari
shitcoinsafari
1 month
cant be sell the news. already happened (forced selling)
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@shitcoinsafari
shitcoinsafari
2 months
martin reminds me of those charming and confident salesmen with personality disorders. excels at sowing discord with half-truths and quick to degrade others with labels. loves attention and always in the middle of some conflict
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@shitcoinsafari
shitcoinsafari
12 days
q4 expectation is underpriced. less to do with macro changes risk-takers heavily allocate crypto tend to be more right-leaning, republicans. market is a game of expectations. crypto investors will allocate more with republican president
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@shitcoinsafari
shitcoinsafari
1 month
too early for onchain to produce mania-sized winners. at 30%, its lower participation. real mania probably 5-10 times the size
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@shitcoinsafari
shitcoinsafari
20 days
will write more in depth later. too soon to bid
@shitcoinsafari
shitcoinsafari
22 days
started hedging again. btc may fall below 58. another short-term correction
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@shitcoinsafari
shitcoinsafari
22 days
started hedging again. btc may fall below 58. another short-term correction
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@shitcoinsafari
shitcoinsafari
4 months
people are underestimating -when momentum returns -how high alts will bounce -the return to 70k dont see high probability of btc bottom then long periods of chop
@GigaTrion
GigaTrion
4 months
@shitcoinsafari If btc bottoms and then proceeds to go sideways, I think we will see both alts grind higher and some grind lower. You can try bottom snipe on what u perceive to be the fastest horse but if they make lower highs and lows over time while btc chops, that’s a signal u chose wrong
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@shitcoinsafari
shitcoinsafari
5 months
bird didnt come out of his retirement to tell people to buy the dip on btc. no panic there. he could see the panic on alts. some alts are up 40% from the lows yet people are still buying btc
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@shitcoinsafari
shitcoinsafari
14 days
expect btc 62-63 short term. ath at least 2-3 weeks. eth has strange weakness. like to see sub 2500 then 3200
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@shitcoinsafari
shitcoinsafari
2 months
everything is btc beta, even eth. when majority bet on the cart leading the horse, they wonder why the horse isnt moving. when horse isnt moving momentum chasers derisk on everything
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@shitcoinsafari
shitcoinsafari
9 days
once below the range, you will get bearish and thats time to buy more
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@shitcoinsafari
shitcoinsafari
1 month
not sure if correct. seems like top holder turned 15 sol to 5-6 millions at the top? new generation of news traders are onchain
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@shitcoinsafari
shitcoinsafari
3 months
impressed by eth's effectiveness as a de-risk indicator
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@shitcoinsafari
shitcoinsafari
1 month
fun fact. mother token created at 50%. if it launched above 80%, growth wouldnt stop at 200m. environment limited ceiling. at 80% ill give you guys a heads up
@Sypius
Sypius
1 month
@shitcoinsafari Yeah. Ceilings been getting lower and lower on "consensus" memes Michi 300m > billy 200m > miggles 100m > ??
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@shitcoinsafari
shitcoinsafari
3 months
ppl expect too much from majors short term. if you bought eth bottom you are up 40% on the month. bottom fishing for majors doesnt usually get that rewarding
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@shitcoinsafari
shitcoinsafari
4 months
low to mid 50s are high demand zones. max pain would be all the longs picking sub 60k to be bearish and capitulate at the bottom.
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@shitcoinsafari
shitcoinsafari
3 months
people love the idea of early adopters until they find out what it means. getting called stupid and grifters just part of the experience
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@shitcoinsafari
shitcoinsafari
2 months
discussion i had on friday. ethpocalypse cycle of death. worst pa ive seen in over a year
Tweet media one
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@shitcoinsafari
shitcoinsafari
3 months
fallacy with the eth etf trade is people think they can long second largest asset in crypto without asking btc for permission
@shitcoinsafari
shitcoinsafari
3 months
were you trading the etf eth or trading btc? no clue. we find out soon
Tweet media one
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@shitcoinsafari
shitcoinsafari
16 days
waiting for correction to be over then we can break ath
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@shitcoinsafari
shitcoinsafari
30 days
saylor needs 10 times that size to break the range
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@shitcoinsafari
shitcoinsafari
3 months
shared this in april. no, top isnt in for eth but drawdown could have been avoided. the greatest narratives are always the best traps
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@shitcoinsafari
shitcoinsafari
3 months
best to stick to old plan. do nothing until ath and observe the speed of the rallies. if its too fast, worry more. if it slow, worry less
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@shitcoinsafari
shitcoinsafari
29 days
been a while since we had a real crisis. easy to forget what it actually looks like. in a real crisis, you get stocks trading like an illiquid shitcoin due to reduced liquidity.
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@shitcoinsafari
shitcoinsafari
5 months
holders will make the majority of their profits by the end of this year, around october. year after is for diminished profitability into roundtripping. still plenty of time, but its less than many people realize
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@shitcoinsafari
shitcoinsafari
1 month
we cant have nice things when eth is the consensus trade
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@shitcoinsafari
shitcoinsafari
1 month
gut feeling or could just be stomach infection. getting deja vu sol bearish whenever eth s getting attention. maybe 150 range. uncertain so started hedging instead of naked shorting
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@shitcoinsafari
shitcoinsafari
2 months
In his book, “Woke, Inc.,” Ramaswamy wrote that Shkreli was “pathologically incapable of telling the truth.”
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@shitcoinsafari
shitcoinsafari
2 months
many who missed april flush are bearish and overcompensate by flip-flopping bias daily, compounding losses. they feel the need for prices back to 40k out of "revenge against bulls" once seasonal trend kicks in, they are last to jump on alts with leverage
@aoicapital
Aoi - Max Bulla Vibe Only🐂
2 months
@shitcoinsafari halving narrative + we're in a bull market narrative = bulltard getting too comfortable longing without realizing we pumped full year in 2023 and now no more bidders and early bag holders ready to sell and miners capitulating post halving and q3 is a long way to go. max pain
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@shitcoinsafari
shitcoinsafari
23 days
1 month until most ppl start tuning into the election. 2 months until seasonal strength for stocks and crypto. oct is the month to see if bulls are naked
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@shitcoinsafari
shitcoinsafari
3 months
eth 10% overpriced compared to btc average. overpriced is prob not the best term since we dont sell when overpriced(strength). rotate in consideration when its 30-40% overpriced
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@shitcoinsafari
shitcoinsafari
3 months
is eth trying to kill crypto
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@shitcoinsafari
shitcoinsafari
2 months
was bearish in march and concerned in may when approval rate shot up. there's a tendency for participants to gloat mid to late stages of moves. happened in april and now
@shitcoinsafari
shitcoinsafari
5 months
categorize your sellers. early sellers already sold. currently mid stage. late stage sellers will blow up shorting the bottom because "war"
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@shitcoinsafari
shitcoinsafari
4 months
watching all the degenerate leverage sent to memes past couple of months and reading "its crazy to think that the real memecoin season hasnt even started yet"
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@shitcoinsafari
shitcoinsafari
12 days
if btc revisits 55-57k and you turn bearish, its time to stop trading. mean reversion algos are taking your money
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@shitcoinsafari
shitcoinsafari
4 months
during continuation you can see narrative forming and consistent alts strength as a theme or category. mean reversion is random half the time. sometimes you get an alt up 100% on the day
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@shitcoinsafari
shitcoinsafari
1 month
political engagement increases significantly as elections approach.trump favouring btc not priced until after sept. most people still unaware
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@shitcoinsafari
shitcoinsafari
7 days
prison trades new category in crypto
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@shitcoinsafari
shitcoinsafari
1 month
no chance that was bearish or priced in until october. dont know about short term corrections or israel news
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@shitcoinsafari
shitcoinsafari
4 months
how many people turned bearish last week, then expressed their bearish views by shorting memes? or is this outperformance during mean reversion just random
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@shitcoinsafari
shitcoinsafari
4 months
"invalidation below 60k'' prob the most concerning thing i read this week. are people planning their own funerals down there
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@shitcoinsafari
shitcoinsafari
10 days
at least this one is faster than the previous ones
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@shitcoinsafari
shitcoinsafari
19 days
i expect 3200 eth later. short term correction same as btc. sub 2500
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@shitcoinsafari
shitcoinsafari
1 month
my problem with ethbtc in general. btc performance compared to alts average. if you need to short something, why short btc?
Tweet media one
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@shitcoinsafari
shitcoinsafari
4 months
question on my mind since april. when btc bottom, will alts be making higher lowers, equal lows or something absurd like 30-40% above the lows. why divergences are annoying but reveal healthy positioning on alts
@shitcoinsafari
shitcoinsafari
4 months
gut feeling future divergence at the lows between btc vs eth and alts will be annoying to trade
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@shitcoinsafari
shitcoinsafari
5 months
never seen a bottom without the automated strategies exiting. watching the daily close
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@shitcoinsafari
shitcoinsafari
19 days
not how im doing it, alternative approach. check chart look at normal or aggregated volume. notice all that selling absorbed last week. they want to take profit after the short squeeze into 60k. you can always be sure of a sizeable correction after that much selling and recovery
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@shitcoinsafari
shitcoinsafari
8 days
gnarly monthly candle. so many bulls capitulated
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