Joe Cross
14 posts

Joe Cross retweetledi

I prefer not to keep up with the ‘fundamentals’ of crypto too much, and not to be that guy… but I think a big stepping stone is being made with Ripple’s RLUSD.
Stablecoins are the forefront of the next financial system. They benefit governments greatly, it’s the key to more control, disguised in a new form. It’s in their best interests to see this technology developed.
In terms of Ripple/XRP, it’s mostly mocked (by me too) because people are too deeply embedded in their investment, but it’s paid me very well, and in terms of a genuine business it’s up there as a very strong contender. Anyone doubting that is obviously trolling or deluded. It’s very clear things to shape the future are being built quietly in the background, but I think people also need to understand the timeline of all this framework being built, it’s not this flip the switch nonsense and you become multimillionaires like a lottery ticket. All of this is going to take much longer than you expect, much slower to rise where you expect, and most will not hold out anyway. Not to mention, nothing is guaranteed in this life.
I really think this will eventually be a .com boom n bust situation. It mirrors pretty well, I’ve always drawn this comparison. It’s a new technological era (hype phase). Just like the internet once was. Anything with “.com” in the name was going up, just how anything related to crypto is generally doing the same. When the bust happened, many declared the internet dead. That wasn’t the case, there was just so much shit clouding the actual technology, the bubble eventually imploded. We’re pretty much in that phase now. The initial introduction of the tech is always entirely speculative, go onto 100 crypto project’s sites and I guarantee you they mostly all do and say the same thing.
The internet didn’t die with the bust, because things were being developed in the background with little public interest at the time. The focus was blindly riding the train and get as rich as possible quickly. Hedge funds also participated in the gold-rush of the .com boom, just as we see now with ETF’s, which are simply just institutions looking to capitalise on the hype. Institutions share the same incentive as us, make money. For now, that’s likely their sole intention.
Eventually, when people lose enough money and begin to wake up to what’s going on, bubble pops. We kinda need to hit a point where people get a reality check that most of the projects aren’t doing much, it’s essentially all inflated on hopes and dreams currently. When we hit this point, we’re forced to look at who’s been building and what’s been built.
The internet didn’t die. The bubble burst. Value had to be found elsewhere. People started looking at the tech.
Everyone’s attention is diverted towards the lack of price increase despite progressively positive news. This applies to all coins with a ‘purpose’, those that most benefit the existing controllers of the financial system. Nobody can grasp why price doesn’t seem to reflect the ‘strong fundamentals’.
Right now, the market doesn’t really care. That doesn’t mean things are not building in the background. If anything, it increases the likelihood of survival when the market faces judgement day. There’s no one coin that rules all, our global economy is run on competition, there will obviously be many different projects/coins utilised. There’s no Playstation without Xbox etc.
What they want:
- Bridged government chains, easy oversight of the entire financial system and money flow. Global database, all your assets tokenised and tracked.
- Programmable digital currencies (stables), 100% traceable.
- on-chain metrics/forensics. Digital ID linked with your wallet addresses.
If you’ve read my books you’ll know my thoughts on all this.
Right now, the long-term game isn’t the focus. You’re missing huge money doing this.
Adoption is when this tech is being used in everyday life without you realising, just like the internet is.
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Joe Cross retweetledi

@Max1milianPrice Unless we are on the way to de-pegging in the near future? Has to happen sooner rather than later…
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did some research - this was passed a few days ago
Probably looks better for employees to be paid in AED tether - rather than USDT
Just a thought

〽ax Price@Max1milianPrice
the UAE currency is pegged to the dollar so whats the point of that lol
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@TorayKortan Did you wear crocs before you did DMT or only after
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@Max1milianPrice Agreed - think the money will rollout of BTC into ALTs around 40k leading to a short term rally? I don’t think it will be an ALT SZN as such, but enough to make 200-300% ?
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Joe Cross retweetledi

@Max1milianPrice If you haven’t already got in short - would you suggest entering short if we now retest the 60k range ceiling?
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Okay so ill explain why this is different here are the ranges you have draw on and what youll see from all of them except for the range we have just come out of is price never fell below the huge bullish wick that deviated below the range on each of them
This is super important because whatever huge support led to price reacting so strongly to send price back up to range highs in the rnage we were just in....
we have just fallen below that support now and what was once support is now resistance

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@Max1milianPrice Do an analysis of file coin.. looks like
a seriously discounted ALT with huge upside post crash
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@TorayKortan What is the main reason you are so convinced there will be another ALT season.. as to me this looks like a 50:50 between:
1) ALTs die just like the dot-com bubble and only few survive…
2) we have one final ALT season
The question is capital preservation or go all in?🤷🏼♂️
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Joe Cross retweetledi

Top Mistakes:
1. Being blinded by numbers seen on social media. Expecting large returns from small sums and believing everything they see online is real
2. Over-leveraging and over-risking due to FOMO and greed
3. Believing trading is an easy route to riches. It’s the hardest way to earn easy money.
Top Tips:
1. Take it slow, take it steady. Success will not come overnight, it could take several years to even see consistent profitability. Lower your expectations and understand what you’re up against. You’re up against forces far beyond your comprehension, you’re also up against an even bigger force.. yourself.
2. Understand human psychology. It’s the driving force of the markets. Most of the time the market is spent moving with the sole intention to deceive you. Every moment you see is purposeful, with the intention to lead you astray. Rising markets will make you think you’re a genius, falling markets will make you think you’re a failure. People underestimate psychology and think you need a ‘master strategy’ as a priority. Without psychology all of this is useless if you cannot adhere to strict rules and principles.
3. Patience is a skillset that will you pay you through every element of trading. It will help you adhere to a long-term plan, it will help you refine entries taken with leverage, it will help you refine entries with spot, it will help you hold positions, it will help you stay calm, it will help you endure periods of drawdown and setbacks.
Crypto UK 🇬🇧 🏴@theendgame666
@TorayKortan What the the 3 biggest mistakes a noob can make in trading and what are 3 tips you give some just starting out in trading .
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@Max1milianPrice You think #VELO is the same? Where would you be pulling profits..
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People see the latest pump on HBAR as a postive thing
Im seeing that as a shot of adreneline, a deliberate move to the upside to prevent it from truly going to 0 when it collpases over the course of the next 18 months
Some alts will completely die and not survive the crypto winter
Others will randomly pump before shit hits the fan to give them at least some breathing room to fall
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@TorayKortan Potential of adding Filecoin to the buy limits for the innovators? Looks like another gem with the PA / daily volumes it’s hitting too #FIL
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