Woody
370 posts
@CryptoPoseidonn Too many people have “learned” to short on the way down, and now are confusing trading and investing
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@CryptoJustina What would say is a suitable ratio of reserve? I think Dei has 80%?
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@blocmates @PatchesExpo Issue is then sensible people with big wallets are having to follow suit to derisk, compounding the problem..
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Just spoke with @PatchesExpo and we think that people are mistaking UST with USDT lmaooo
Never underestimate the power of stupidity
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@BarryFried1 Could argue TA rarely works on any meme coin as well.. beyond maybe rough support / resistance and round numbers!
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Nothing bothers me more than a TAer charting inflationary and/or governance tokens.
Learn what these tokens do bro.
The reason for the pump is bc of a new proposal, not “bullish divergence” lol.
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@IncomeSharks Greed is the same vice in both directions.. euphoria and dread differ similar too
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#Bitcoin - Inverse chart playing out well. It's amazing how biases can change when you inverse something.
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@kyledoops Surely we should be monitoring the wider macro environment for the bottom? Seems like that’s what’s driving us down, nothing else (fundamentals at ATH)
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I'm looking for a particular type of sentiment to occur which could signal the bottom. The type of posts I am waiting for will likely come in the following days to weeks. It entails more than 80% of market participants to be bearish & many to be targeting the sub 25k CME gap $btc
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@SolboyJag @CryptoPoseidonn Again though, second order? Stimulus cheques etc led to the bounce- this was the driver.. CT sentiment might be low currently, but what is the next catalyst?
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@NickDrakon Ah fair- so basically your invalidation is fundamentals based, not price based?
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@WoodyCryptoD I will cut a portion if the reasons I bought it are invalidated. If the bullish thesis changes based on the information changing.
This has very little to do with the price action.
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I have bought back a bunch of the $NEAR today, that I sold in early April. Currently just under 40% of a full position.
I have been patient on this & other core holdings. Will continue to do so as there Is still plenty of risk to the downside.
Be incremental & stay in motion
Vu@Vu_Benson
10 days ago with $NEAR over $19 and surrounded by hype it was a great spot to ring the cash register. This morning at $15 I am considered buying 10% of it back but I don’t think I will. I don’t see a reason to rush into this one due to the momentum it gained on the run up.
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@IncomeSharks @Nebraskangooner Would love you two would do a joint live stream some day!
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#Bitcoin - OBV hasn't broken, and it didn't break last time we bottomed (even when price broke). Now throw in a bull div right at major weekly support. I'm not selling here.
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@WoodyCryptoD @saylor It was mainly a joke I think Saylor is in it for the loooong haul
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@BarryFried1 @blocmates @CrossChainAlex @rossboothr @DeFi_naly @crypt0_guts @rektdiomedes @0xLosingMoney This could be good for @blocmates articles
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Thank you for reading.
Like and retweet if you like this idea!
Follow for daily crypto threads
@BarryFried1
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Would love to know your opinions y’all!
8/8
Barry Fried 🇮🇱@BarryFried1
I’ve come up with the ultimate DAO model for twitter threads. You’re gonna want to see this🧵👇 1/8
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I’ve come up with the ultimate DAO model for twitter threads.
You’re gonna want to see this🧵👇
1/8
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Woody retweetledi
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$BTC $ETH
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@pinpals1 @CryptoHarry_ So in your example it worked perfectly!
Hard to know if you are the exception or the norm though..?
Another way to look at it is basically advertising for the ecosystem as well
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@WoodyCryptoD @CryptoHarry_ TL;DR - I definitely got baited into the Terra ecosystem through Anchor's 19.5% APY.
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