Rich E
1.2K posts
Rich E
@richestr24
Crypto investor, sports enthusiast, health & fitness
Katılım Şubat 2022
310 Takip Edilen242 Takipçiler
I need to get this off my chest... I recently lost $5M.
But the lessons I learned from it completely changed my life.
Learn from my losses so you don't have to experience your own:
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@rektcapital You clowns keep calling for 60k and under ..just shut up
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@rektcapital You and Benjoy Cowen are 4 cycle believers..you will get every follower rekt because of this theory
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#BTC
If you believe the Bitcoin Bear Market bottom is in already...
That means you believe some of the following:
- The Bear Market has shortened to just 1/3 of the usual time it takes for Bitcoin to bottom
- That there has been a drastic shallowing across Bear Market corrections by ~25% (whereas the historical difference in shallowing across Bear Cycles has been up to ~10%)
- The previous Bull Market never ended, that price is currently recovering from a Bull Market correction and that the previous Bull Cycle has lengthened by over 200 days
Effectively, the belief of "the Bear Market bottom is already in" assumes major invalidation of long-standing principles in Bitcoin market cycles which is probabilistically unlikely until proven otherwise (i.e. via price breach of Macro Lower Highs)
$BTC #Crypto #Bitcoin
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We're still soooo early into a bear market
There's no need to panic or rush your DCA
There will be pullbacks
You haven't missed anything yet
Nothing goes straight up
Just stay vigilant for now
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@LayahHeilpern People, please stop following this dumb broad, or you will get rekt.
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Bitcoin couldn't hold 78k.
Now it's bouncing on ceasefire hopes that don't exist yet.
Wednesday is Trump's deadline.
If Iran doesn't play ball, lower lows. Like I've been saying.
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I admire @benjamincowen work. He is a smart individual whom I truly honor, even though some of my views might diverge, which is sometimes necessary in this market.
Those of you who are tagging him, please let's see the weekly structure first change into bullish before clamoring for victory. I rest my case
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Stablecoin dominance will likely sweep the low from March, then head higher into the summer months.
Benjamin Cowen@benjamincowen
After the current consolidation, it looks like stablecoin dominance will go higher into the summer months
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Can someone find me a 4 year cycle guru to debate this?
I comment it on many but no one ever replies.
Tag your favourite 4 year cycle guru and let us have a debate on it. 🙂
I want to hear a fully put together argument on how the Bitcoin 4 year cycle is a greater force than the wider macro market I have described below.
Genuinely interested to hear any counters or pieces of data that people think go against this.
All respect and no hate 🙏🏻
Sykodelic 🔪@Sykodelic_
You are being misled. The guys that purely base their entire analysis off of the 4 year cycle are looking at one tiny part of the picture. They do not understand the macro, and they won't even engage with anything like what I'm sharing here, because: 1- They don't understand it 2- They can't argue it When it comes to financial markets there are MUCH larger forces at play than the current Bitcoin candles. It is not just a case of "Bitcoin did this before at this time so now it will do it again". There is a much deeper macro foundation that pushes and pulls Bitcoin, depending on the overall setup. And where we are right now is nothing like any kind of financial bear market. The best barometers for risk are COPPER/GOLD, Russell 2000 & PMI. Every single one of them is perfectly lining up for the ideal risk on conditions. COPPER/GOLD - Bottoming Russell 2000 - Breakout, restest, new ATH PMI - In expansion after the largest contraction And Bitcoin is preparing to do what is has always done in these conditions... Move higher. I have highlighted in red on the chart where the 4 year cycle guys think we are. Now look at the position the other charts are in at that time. COPPER/GOLD - Contracting after expansion Russell 2000 - In a bear market PMI - Contracting after long expnasion The exact opposite conditions of where we are now. Bitcoin does not work in vaccum, it is at the will of wider market forces that are much larger than it. If you only focus on LTF Bitcoin candles, you are missing the bigger picture here. This is nothing like 2022 and I welcome any 4 year cycle bear to challenge this idea... But they won't, cos they can't.
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Ben is one of the best thinkers in this space
This couldn’t be more true
Everyone loves to tell me that because I am a CMT it doesn’t mean I know more
Without sounding too egotistical — yes it does
I was held to rigorous standards and passed extremely difficult testing that required hundreds of hours of focused study
People write me off, but will listen to some BTC influencer who is posting from their parents basement and read 6 pages of The Bitcoin Standard and now acts as if they’re enlightened enough to enlighten others
I recently asked someone who approached me this way:
Would you let an IG influencer perform open heart surgery on you, or would you want someone with a PHD?
The answer is obvious
Same way college professors have to be extremely well versed in a topic to be an authority enough
Study matters, textbooks matters, knowledge is power
It isn’t all that matters. Someone can study forever and never learn or apply what they’ve learned
But to say it doesn’t add or increase the expertise, skills, and overall value — is just foolish and shows a distinct lack of understanding just how effective proper education can be
This will change. What’s coming is specifically designed to humble and correct how negative human behavior has collectively become
Bitcoin as a speculative asset is one of the purest expressions of how badly a purge is needed
Benjamin Cowen@benjamincowen
Someone could go to school for 4 years and study aerospace engineering, then get a PhD with a dissertation related to orbital mechanics, and some instagram influencer who watched a youtube video will be like "actually that guy is wrong" on a topic related to space travel and people will believe them. I'm not sure how we got here, but I hope we go back to a society where credibility is earned with rigorous training in the associated field, not by a popularity contest.
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In hindsight this entire process would have appeared extremely obvious.
While it's easy to call those that express concern over oil prices as "doomers," this is a similar process that has ended business cycles of the past.
Benjamin Cowen@benjamincowen
Most business cycles of the past have ended shortly after the price of oil spiked. Rising geopolitical conflict threatens to cause that once again. If oil starts moving higher, it usually marks the beginning of the end of the business cycle.
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Wall Street was worried about crypto... when they should be worried about AI. 😂
TFTC@TFTC21
IBM tanks after Anthropic unveils Claude for COBOL streamlining.
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Wait a minute…
Why isn’t crypto crashing like it did on 10/10?
CZ and Binance said it was the tariffs 🫵😂
The White House@WhiteHouse
🚨 President Donald J. Trump imposes a 10% global tariff on all countries.
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❤️💛💚💙
Suddenly, I hear the Bull Market Horn sounding off in the distance…
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I liquidated almost my entire crypto portfolio.
Not because I’m bearish.
Not because I got wiped out.
But because what just happened didn’t behave like a normal cycle move.
From $126k to the 200-week moving average in 4 months.
Look at the chart: tradingview.com/x/NRjnxp4R/
In 2018, that move took a year.
In 2022, it took 30 weeks.
This time it happened at record speed.
No blow-off top.
No retail euphoria.
No clear catalyst that everyone agrees on.
Just a violent repricing through every major level.
Fear & Greed hit single digits.
And unlike previous crashes, nobody can clearly explain what broke.
Quantum risk.
Bitcoin is failing the debasement test.
Funds unwinding.
AI pulling capital.
Regulation uncertainty.
When narratives fragment and conviction disappears, your job isn’t to guess the story.
It’s to manage exposure.
So I made a decision.
Instead of sitting there hoping everything “comes back,” I closed almost every position I had.
I didn’t want 30 tokens that might recover.
I wanted a small number of assets that will still be relevant whether this cycle extends, resets, or structurally changes.
So I concentrated on just 11 positions built to survive if we go lower and perform if we bottom here.
In my new video, I break down exactly what those 11 positions are, why I chose them, and how I’m deploying capital in this environment.
[link in comments]
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🚨BREAKING: A viral video shows an out of breath JD Vance having zero clue if he's supposed to vote Yes or No to break a Senate tie, almost blowing it.
There is literally nothing this
Administration can do that is competent.
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I would like an explanation why we are dumping this hard
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