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  1. johnarb

    The Cryptocurrency Trading Journal

    I'm not happy with a decline of 30% in the portfolio, but how else can I hodl through the bull market? This is where the altcoins help in smoothing out the bitcoin volatility, BNB and CAKE actually were pumping last night and almost erased all the losses from the btc downmove, but both have gone...
  2. johnarb

    The Cryptocurrency Trading Journal

    What Willy predicts is that we're in a bull market. What his service provides is to give us confirmation that the bear market is here after it's here. In a bitcoin bull market, these mini-corrections are normal 10-30% is actually predicted by his models. The reason for this is that his...
  3. johnarb

    The Cryptocurrency Trading Journal

    I'm glad that you have a programming background but it does not help you if you don't go to public blockchain and look at a bitcoin block, analyze how many transactions are in there, try to trace one transaction and the inputs, and follow those inputs and so forth There is no privacy on...
  4. johnarb

    The Cryptocurrency Trading Journal

    We're beating this topic to death so we'll have to agree to disagree. OTC's are negotiated between buyers and sellers, no observable coin movements from exchange wallets to private wallets, more like private wallets to private wallets, no effects on published prices But OTC willing sellers and...
  5. johnarb

    BTC down 10% just now - Why?

    From what I understand, GS publishes that every week. There is no escape :D
  6. johnarb

    BTC down 10% just now - Why?

    Whale(s) eating bitcoin from the weak hands
  7. johnarb

    The Cryptocurrency Trading Journal

    Not much to it, did not mean to be cryptic, it's only an emphasis on the on-chain analytics Many are trying to figure out where the top is on this bull market, perhaps using psychologically important numbers such $100K or $200K or even $400K I'm not and neither are the ones on the on-chain...
  8. johnarb

    The Cryptocurrency Trading Journal

    Sorry slow at this, but association fallacy or strawman? Anyway, I put all my eggs in one basket and I watch the basket very very carefully You say that I have a better understanding of bitcoin and cryptos and I agree with you. I have spent so much time in this space. I compile the bitcoin...
  9. johnarb

    The Cryptocurrency Trading Journal

    On 4/10 I recommended the book to you, https://books.google.com/books/about/Complexity.html?id=JTRJxYK_tZsC&source=kp_book_description Anti-reductionism thinking, I think of it as a whole is greater than the sum of its parts way of thinking A week later, on 4/17, Bill Miller is talking...
  10. johnarb

    The Cryptocurrency Trading Journal

    If the ET crypto haterz really think that bitcoin will go down 80%+, they would be putting all kinds of synthetic positions 3 standard deviations on the downside to profit massively on such a btc crash, but no, they are just salty and have no conviction to put skin in the game Taleb turned...
  11. johnarb

    The Cryptocurrency Trading Journal

    And raising rates won't affect the fake bull market and corporate earnings causing all kinds of domino effects, decrease in capex, higher unemployment, suppliers going out of business, lowering consumer demand, a crash in real estate, and other disposable income industries and industries tied to...
  12. johnarb

    The Cryptocurrency Trading Journal

    :D I've experienced 2 bear market cycles and from those 2 experiences, bitcoin may have gone down over 80% peak to trough, but alts have gone down all the way to 99% That's why in a bull market, alts outperform btc, because from the very lows, they can jump much, much higher in percentage...
  13. johnarb

    The Cryptocurrency Trading Journal

    I did have what I consider sufficient sale, but was not convinced that we had a bear market and rode it all the way down. Have a job, have everything I need, and my biggest mistake was that I did not trust Tether and as an extension of that all stable coins I did not know about the on-chain...
  14. johnarb

    The Cryptocurrency Trading Journal

    This is where I agree with Raoul Pal quite strongly and disagree with you. We're not talking about people getting hurt, we're talking about the US government with its $30T in debt and rising that's going to get hurt more The cost of servicing debt becomes a huge burden, the $ may get stronger...
  15. johnarb

    The Cryptocurrency Trading Journal

    I'm enjoying this exchange of viewpoints on a Sunday. Btw, a mistake on the reference to bonds crashing, it's an inverse relationship on yields, I meant for bonds hitting all time high (and risk of crash, increase in yields, could pose a problem to all bull markets). Novogratz on CNBC a few days...
  16. johnarb

    The Cryptocurrency Trading Journal

    I appreciate your insight and please know that just because my approach to risk and portfolio allocation vis a vis net worth is vastly different than yours, it does not mean I disagree with you and yours I do care if I lose $2M overnight, but this is probably where we differ the most, you...
  17. johnarb

    The Cryptocurrency Trading Journal

    No plans to exit any altcoin position as they are a risk mitigation for btc, otherwise, I'd be hodling 100% btc right now I have shifted from one alt project to another, but bsc, nexo, and now cake are core alts positions I measure pfolio valuation in btc first, then fiat. I have gained btc...
  18. johnarb

    The Cryptocurrency Trading Journal

    Pancake swap $cake has not been sucking :D I've been harvesting and re-staking every single day at over 100% APY and the price of the token is closer to ath Tbh, I should be cashing those daily interest but I just love increasing my $cake stack every single day The issue with those defi...
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