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So after watching the video, I would say its legit. But, the guy isn't really trading futures, as another poster pointed out earlier. He is more so arranging for physical delivery and using almost arbitrage-like opportunities in order to make money. Also, the quoted figures of dollars made...

If you also have your doubts, perhaps @Baron owes @SimpleMeLike an apology. I hope to watch it tonight as I hate giving an opinion before I educate myself and watch the actual video, but I believe very little in this trading world when claims are extraordinary.

What I find interesting is that nobody ever says "careful, we are ENTERING chop". Everyone always says after the fact, don't trade the chop. As for being influenced by what has already happened, this is exactly what trading the trend means. You have to see a series of higher highs and...

I understand where he is coming from. I still have to watch the video, which I will, but its an extraordinary claim. Plus, he doesn't exactly look like a trader. There is of course no reason to judge, and we need to evaluate based on proof or some sort of metrics, but that's the point. If...

Wow, this is something you never see mentioned in professional circles. All I read about from the pros is that they don't look at charts, and heaven forbid, the mention of PA.

And you think you need to ask me that given what you see I'm writing? I know its not for you, as you have stated before, but since you keep making comments, I think you're in the closet about appreciated the benefits that bitcoin offers of fiat, which is obvious, but also over gold.

Many of the current societal and financial problems are a direct result of broken money. With hard money, much of this bullshit would never be possible.

I predict that going forward, what governments say will be less and less important. If these so called western democracies want to remain relevant, they will have to give in to the demands on the people. The current wokeness and all the bullshit that comes with this is only temporary. The...

I try and find balanced views, even though I'm a perma bear I guess every since 2008 because I do believe that the can just keeps getting kicked down the road and eventually, the debt bomb will hit. Anyway, I watch this guy's videos, and he isn't your typical doom and gloom guy. He looks at...

I don't have the charts handy, but following some great YT content I watch, I have come to learn that the shit hits the fan when the yield curves actually un-invert. So the steepening phase is perhaps the point where the titanic rises out of the water as it breaks in 2 and sinks??

I can see we both have very strong views! LOL This was a good tip to watch out for. I'm really mad too because I know from technical trading, buying close to a previous top is very risky. So when I started to go after it dumped from 69k, I was hoping for that run to 100k and just make 20-30%...

This is the part that really surprised me, and should really be a wakeup call for the US. I'm in the middle of watching the interview on What Bitcoin Did with Jason Lowry about his Softwar Book, and it has been interesting so far. There is no doubt that the fight for control of the money is...

So taking this into account, and along with John's comments, then I see implications of this. The biggest is that whenever a source claims 2 millions coins on exchanges and falling, this is a worthless stat. Its almost like the real estate industry saying 200 houses are on this square block...

I have been trying for a few minutes to verify your claim and the best I can come up with is this chart. All it shows is a projection for 2023. Jeff talks about that contango issue, which is way over my head, but apparently the curves for the different contract months are showing lower...

I to this day don't understand the figure of how much supply is at exchanges. The numbers quoted are that there are 2 millions coins on exchanges. The only way I can see to verify this is via all the cold and hot wallets of these exchanges. But the thing is that these wallets have to hold...

I have two comments. First, it is true that holding Tether is a risk, just as is holding Bitcoin. But bitcoin will double and triple easily, so you're getting paid to take the risk, but the best USDT will ever do is stay flat. Now granted, its probably better than the shit currencies of all...

This is something I see over and over again from the guys who are doing well. I wouldn't call this a negative. Its actually the thing that makes most traders profitable.

Although I know to never argue with the charts, I do spend quite a bit of time watching videos, and I really like this guy, Jeff Snider. https://www.youtube.com/@eurodollaruniversity/videos His thesis, based on simply economic data, is that the highly inverted yield curves are saying rates...

Honestly, I consider myself quite smart, and yet quite poor. People much dumber than I have made a killing. Its quite humbling actually.

I guess it should really be called a "pegged" coin. All its has to do is track USD. But since a crypto currency has operational costs, and there has to be an incentive to make money for the company, the trick is to always make sure that the dollar you take in can be redeemed for a dollar while...