XCTrades
611 posts
The window of opportunity will soon be closed.
If you’ve been postponing reading my content on $CRV and $CVX for “later” and if the articles I’ve shared on both have been sitting in your bookmarks unread- you are running out of time to educate yourself on this opportunity.
Stop delaying, read the three articles now, understand the investment thesis behind $CRV and $CVX so you can make an informed decision while the window of opportunity is still open.
I have 3-4 articles on the topic, you should read them all to get the full picture.
Set some time aside, do it today, the markets don’t wait for anyone.
CrediBULL Crypto@CredibleCrypto
English
@CredibleCrypto appreciate it man, hopefully i get a little time and can recover a little bit but regardless gonna try see it differently, even if it stings. thanks again 🙏
English
All we can do is learn from it brotha- but don't beat yourself up over it. I can tell you from experience we all make "mistakes" sometimes- and we will make them again. I've missed countless opps and I will miss countless more- but I've also never given up and always come up on top again because of my resilience. And every time I "fail" I learn something new and those failures and experiences always set me up to be more successful in the future. Remember that- failures should be a net positive because you learn from them and they can set you up for success the next time around- success you may not have had had you not learned from all the mistakes you made prior.
English
For the first time in nearly a year, daily RSI on $CRV is entering "overbought" territory...
Iykyk and if you don't know, watch this short 5 minute video I made 7 years ago on RSI so you can also know: youtu.be/gBKOEN93J8E?si…
YouTube
English
yeah i understand for sure, i guess maybe i planned way too far ahead with my hypothetical investing journey like thinking if i get 10M for example from cvx this run i can put 4M back in next bear bottom to eventually end up with 20/30M+ and it seemed like a sure thing in my head lol, life happens but man it sucks, i know im just complaining but dont really have anywhere else to vent about this, more importantly the main part of the reason for selling is to keep trading intraday as my job bc my dumbass didnt put anything aside properly and now in digging heavily into my investment to fund me, all my fault for sure got no excuses
English
I will say this- think of your gains on CVX if they materialize as a stepping stone. It's not the end of your investing journey, this is the beginning. But it sets you up for your future- allowing you to make more fantastic investments (ideally in less risky/less volatile assets). The gains from CVX are not necessarily the end-game. As long as markets exist these types of opportunities will, in one form or another.
English
thanks man i hope so, tbh i had this huge high 7 figure post tax amount set in my head as my main goal for the cycle and ive been buying since 2023 and rotated out of xrp from .50 sold at 2.5 etc but i feel like ive ruined it just by looking at my potential gain now at new highs. im very much feeling fomo at this point since it could potentially be a turning point after doing nothing for so long
English
Hey you still have enough $CVX to make life-changing gains. 30k is a lot and most don't have anywhere close to that amount- don't fomo- if you have spare funds and we get a dip you can add if not there will be other assets you can jump into if CVX takes off before you're able to add back!
English
The number of hacks/exploits in this space seems to have increased lately.
A good reminder to diversify holdings amongst different sectors in this space so you don’t have all your eggs in one basket.
And I don’t mean go pick up 10-15 different assets for the sake of diversification.
I mean find 5-10 (max) crypto assets that you have high conviction in and that are at favorable prices to accumulate.
English
@CredibleCrypto @SIMON_XRPHOENIX @fx_blizz thats my logic too for cvx going to $120. a 2x of old ath is not much being conservative in a real run. should be way higher
English
@SIMON_XRPHOENIX @fx_blizz Old ATH was over $6, what's so crazy about less than 2x above prior ATH? You might have a different opinion, and that's okay- doesn't mean I think you are "misleading" people...
English
The last time we were trading at these levels we erased 26 months of local "downtrending" PA (an 87% decline) in literally 2 months as we pumped 7x off this same region.
People who sold at these levels last time regretted it, and those selling at these levels again will regret it as well imo.
If you are selling because you believe there has been a fundamental shift in the investment thesis of @CurveFinance between when you bought into it and now- and you are able to articulate this fundamental shift- then the selling is technically justified imo.
But if you can't, and the only reason you are selling is because the number is down right now (like the rest of most of the entire alt-coin market), then you need to re-evaluate your approach to investing.
I was bullish at .20 before the last 7x run up and I am just as bullish now as I was then- because literally nothing has changed besides a lower price- and that is simply an opportunity.
$CRV
English
yeah i understand, its rough tbh trying to plan this well in advance, im basing my buying plan off of how much id potentially make at certain targets which might be the wrong move but im not sure how else you’d do it. im okay with the risk ofc and idc about holding time too much i guess. i do think prior ath for a partial might be decent but i doubt we’ll go into price discovery for only one wick then die. have to see like you said. still a bit daunting but my base target is 120 for a full exit
English
I mean tbh, once we break above prior ATH will have to simply evaluate based on how everything looks at the time. I will sell when I think we are close to the top whether that be at prior ATH, at my "ideal" targets, or far higher than that (if I see no indication of topping signals at my ideal targets).
English
@CredibleCrypto @VTS____ if your minimum is $10 for crv and $100 for cvx would you say a middle ground of $15/$150 is somewhat likely whenever they actually run? i know you said $20 crv is possible too but if you wanted to be slightly ‘conservative’ would that be a good TP maybe?
English
@VTS____ Yup, for the most part that is the right idea! Explained exactly how/why in the article!
English
It was total altcoin marketcap at it's macro, year + long HTF bottom in 2023 before a rally to new all time highs.
And yes- as many of you pointed out- it does look nearly identical to $CRV (and a few other alts) right now.
As shared in my last Youtube vid on alts, I've seen this bottoming structure play out more times than I can count.
Many of you are losing patience and throwing in the towel at the exact moment when you should be doing the opposite.
CrediBULL Crypto@CredibleCrypto
Anyone recognize which alt this is?
English
@Wiscows @CredibleCrypto everyones situation is different, you have a good bag doesn’t matter what anyone else has
English
@asfxtrades @CredibleCrypto 100k of Cvx??? And I was feeling like sweet tits for 85k crvs and 6k Cvx 😓
English
Have been watching these HTF equal lows on $CVX at $1.42, but just noticed this potential triple tap developing on LTF's as well...
Possible we front run the lows at $1.42, hold the LTF triple tap (hold above $1.45) and then see expansion to the local range highs at $2.67 (first target if triple tap holds) and then expansion to local supply at $3-$4.
Glad I am fully loaded and don't have to worry about which outcome we get...
English
@CredibleCrypto great, I think its gonna pull a XRP style catchup like end of 2024. hopefully i get one more month to hit my goal of 100k coins 🙏
English
@Claf8822 @CredibleCrypto also i have a lot of size and im very confident, enough to still double my current bag of cvx
English
i dont care how long it takes, ofc id prefer it sooner rather than later but alts in general havent moved yet and roi is heavily in your favour to buy the bottoms even if it dips more who cares. im gonna keep adding while its cheap af. old ath is $60 and $120 is only a 2X and about 10B mc.
English
if we go a bit lower, I have to decide whether to pull the trigger on some more $CRV or $CVX. So lately, I've been asking myself the same question.
It's a question I get a few times a week, minimum.
Next week I'll be publishing a new article that finally answers the question that I get asked so frequently:
"Should I buy $CRV or $CVX here?"
Stay tuned...
Van Gogh@VanGogh29610794
@CredibleCrypto If you had to pick 1 to stack would you go Crv or Cvx Thanks
English
@CredibleCrypto makes sense to me, do you check or care about RTY? seems like people directly correlate it to altcoin outperformance
English
@asfxtrades Yea assuming our BTC top isn't already in that would seem like a very real possibility.
English
Just a small update here on the $SPX.
During my last update on it nearly a year ago, the green zone at 4,000-4,600 was the level I wanted to see held on any pullbacks for us to keep climbing- and after a 20% drawdown off the highs we front-ran it and made new all time highs once more.
That zone of relevance is now the BLUE zone below us which I expect will hold before the final, most aggressive leg of this bull cycle (the blow off top), begins.
Dips into the 5-6k region are for buying imo, but a move below the lows at 4900 would be trouble. Structurally we have a clear 3 waves up after completing our major 4th which means we are missing a smaller 4th (current dip) and final 5th to wrap up the larger cycle that began in 2009 at around ~700.
We are in the final innings of this 16-17 year cycle imo.
CrediBULL Crypto@CredibleCrypto
Well, we smashed through the first major area of support on the $SPX so at this stage I would say this pullback is actually quite significant. Zooming out as a reminder that we are likely in the final innings of what has been a secular bull market since 2008 (if we haven't already topped). We can see that the wave structure is pretty clean/clear leading into this final 5th wave. Which means, we are overdue for a major, massive market correction "of a higher degree", similar in time/magnitude to what we saw during the 2000-2008 period. The big question is, has that correction already begun and have we just seen the top in trad markets for the coming 5+ years, OR are we still working on that final, parabolic, blow off top that has clearly been in the making for years? It's important to note that as we see a final, cycle ending parabolic advance- it's common to see very aggressive/fast/deep pullbacks on the way up as we approach the top of the parabola. We go up quicker than ever before, with sharp shakeouts in between, until finally, something breaks. For perspective, the last two major corrections on the SPX were 35% in 2020 and 28% in 2022. These were both followed by new ATH. Our current correction is about 17% off the top, so at current depth it's similar in magnitude to our last couple intra-cycle corrections. However, if we are still working on this parabolic advance and the top isn't in, major areas of HTF demand/support should be respected. Our next main area of HTF demand/support is at 4100-4600- about 10-15% lower from current levels. This would be, imo, the last acceptable bounce zone if we are to continue our parabolic ascent. Lose it, and I would have to lean towards our cycle top on the SPX already being in. $ES
English
@decodejar @Mudshark2112 i think the good charts are the ones that havent moved but with fundamental value not the ones already up off the lows. ROI just gets destroyed going for the coins pumped 30x off the lows already even if theyll pump higher.
English
@Mudshark2112 Fundamentally, yes, I think Curve is a project that will survive. Not sure I would call it good chart tho.
English
Browsing through a load of altcoin charts to update, and well... most just look awful. So many past favourites are not even above their 2017 highs, let alone their 2021 highs.
It's actually a really good time to cull down your altcoin lists. Conditions have been so poor for altcoins for so long now, it is easy to see the projects that are failing in plain sight, but the washout in low-quality projects is actually super healthy for the market.
I am looking for some new coins to build Elliott Wave counts on, but so far it's a pretty short list. ETH and SOL get a free pass for having adoption. TAO, SUI and VELO look good too, but I already have counts on all of these.
Aside from that, BNB, RENDER, XMR and XRP stand out as potentials, as most of these coins have managed to consistently put in new highs over time. RENDER is probably the strongest candidate as it also sits in that AI and DePIN narrative alongside TAO.
I don't want to waste my time working on counts for charts that at best aren't performing, or at worst look completely broken. It takes a bit of time to build a count, so if I do it I'd like to be able to maintain it over the long term.
You've heard the phrase, "Show me the charts and I'll tell you the news". Well, good coins have good charts. It's that simple. If your favourite altcoin has a chart that looks like ass, you should probably reconsider.
All suggestions welcome!
English
thing about locking cvx is ive contemplated it so much for like two years and obviously the more i wait the more i feel like im gonna miss the cycle top, its hard to know when its actually gonna move and then also top. even partial locks are significant if you think about it at ath etc and you cant sell
English
@Outin2025 @ConvexFinance Literally 💯💯💯💯💯💯💯 and so many still so unaware of it.
English
You know, I’m curious why anyone using @ConvexFinance to lock $CVX continues to trade once they have a million or two locked. $2M locked is about $600k annually in yield. Just do whatever you want. Forever.
@CredibleCrypto
English