Altcoins: When you play on recruit difficultyThere is nothing I enjoy more than smurfing on recruit difficulty. Rolling all over eager noobs, just farming them. 500/0 kdr. No mercy.
To know when alts might be about to pop off, to know where you might be in the market you look at easy Bitcoin.
This is an idea about alts but no alt analysis makes sense without looking at BTCUSD so we do this first.
Bitcoin buyers are excited but not so euphoric yet and mainstreet & the media are looking at stocks, GME etc, the attention is not big on crypto.
People that forgot about Bitcoin started hearing it crossed 50k, it takes a while for that info to travel.
At 100K for sure this info will get hammered more by their friends & social networks and various media sources.
The side by side also looks like we're at thrill, just about to reach euphoria.
Chainlink used to be 50 cents! And it WAS actually a good short. Dang. As well as a good buy. Should had followed my heart. Look at it now 34 usdollars.
Of all the trash altcoins I held onto why couldn't I have some link? Oh was it available on Bittrex & Poloniex? Maybe I have some 🤷♂️ Can't buy any if they don't sell any.
On recruit difficulty it does not matter what you buy/sell. Try staying focussed even when noobs that jump in "just to make money form the pump" near the top end up "holding on for the long haul because fundamentals are not that bad". The danger is by laughing too hard it's not possible to focus anymore.
"How do people lose in bronze" a big question. They do it on purpose?
In this fine example of recruit difficulty gameplay we can see how easy it was to grab a quick large profit:
Noob version (well not the ultimate noob though):
And ultimate noob:
They FOMO then laugh at you for "missing out". When bearish they insult you, mock you, threatened you. And when you crush them and laugh they go "why make it personal".
In the case of Tron it became extremely dynamic and after getting out too early you can always jump back in.
You only take chunks out, which displeases to the greedy, but it is easy money. Give up easy low risk money out of greed, I don't get it.
They rather hold on bags, and when they are in the green they mock skilled traders for getting out.
Then when they lose 100% they breathe out, get a defeated look, drop their shoulders and get sad (denial, anxiety, anger, then capitulation sadness) and go "why do you have to make it personal" (wow really? You were pretty joyful and made it very personal 9 months ago).
Nothing is learned, no mistake is admitted, no progress is made.
Any idiot can draw a trendline, you heard it 1 million times losers lose because of their emotions (an euphemism for saying they have reptilian brains).
It's obviously an euphemism, why is it called "dumb money"? "Oh it's because they decide quickly without doing their DD" ye sure and the fairy gives honey to good boys.
It's psychological ye. TV rarely gets fixed by a cro-magnon getting angry and hitting on it. You could call him emotional for getting so angry or violent.
Or you could be honest and call him a moron.
A mistake of noobs to intermediates to avoid is trying too hard to find a TL, when the price is not really sticking to it, when to enter then? How bad is the R:R?
What is cool is they don't all pop off at the exact same time, so easy hunt (considering it will keep working) day after day looking for the next big boom:
Crypto behaves most like securities, and we have way more data for those. They also do these things, with "day traders" being "geniusses" in a bull market.
Same story for hundreds of years with small variants.
What will be important is having a good ear. When you hear the music you play. When the music stops playing you disconnect.
Better get out too early than too late. If you yield to the pressure of noobies telling you you missed out there is nothing I can do for you.
Crypto is surely entering euphoria now, and the devs patched the game with a recruit difficulty update.
Ponzi/Usd itself making these more and more obvious lines, and it's still sticking to them, getting little attention.
It's like these lines are baits created by people at the top of the pyramid scheme to get clueless victims money.
"Oh look it's the MacAfee line Bitcoin 2 million soon".
The price likes to retest previous lows but it's doing this less and less (so the non-dynamic / elastic brain people will wait and wait and wait)
There is a very strong bull bias everything is likely to go boom.
8 dollars seemed expensive for BNB back then...
Binance custom range 3 months -.- That's why I avoided it so long. TELL ME WHERE I SENT MY BNB NOW I HAVE A RENT TO PAY!
It's just so bad you have to manually research every 3 months range for every type of transactions zzzzzzzzzzzzzzzzzzzzzzzzz
I'm better off logging in every single exchange and checking all my wallets than using this TRASH tool.
And their isolated marging account trading system is AWFUL. Only Bitmex is a good broker but all this converting math bitcoin/fiat zzzz.
PONZI SCHEME. Clearly. They make it very hard to get any info and to withdraw they let you buy then good luck getting out.
Hello I'd like to declare my taxes because I'm not a criminal.
Changchang "shorts" Zhao: "Wtf? What for? What an odd idea. It will be very complex getting statements out. We only serve criminals here"
Anyway it's recruit difficulty but you know what you're getting into (headaches due to everyone in the space being braindead).
Now is the time to wake up and check the tiny fractions of crypto you had abandonned on brokers.
Hahahaha I'm crying! The worthless fraction of Bitcoin I abandonned like 3 years ago is worth over 300 bucks 😂
Maybe I wake up and the 0.1 altcoin & 2 ripple not worth transfering is worth 5000 dollars 🤣
Crypto is just so dumb...
I lost my Poloniex passphrase (gor google auth) somewhere, will I be the next idiot that lost 300 million usd worth of crypto? 😄
Yay! I'm an investor! ₿0.00561487 it's just dust. I'm going to log in every single broker I'm like Mr burns "oh a 500 dollar bill in my pocket".
I'm just so happy 😀
Don't "sidelines" today and mad fomo in 2 months!
"Hey so how did you become a millionaire? How much hard work did it take?"
"Yeeee well I was too lazy to withdraw my 10 bucks 5 years ago"
In my defense I wrote on trading view that it was dumb to be so greedy and withdraw 100% out to the last drop, really can't you leave even 0.1% in?
True to my word as always. Arrogant, direct, no euphemism, belligerent, but always true to my word.
