Follow Gold2024's Crypto Perspectives: Latest Posts & Discussions

Gold2024

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gold2024

1h ago

Regarding formation of theses:
I'm not going to sit here and say it's easy being a bull right now, especially when you see traders you respect flip short but as a trader you need to stick to your own thesis regardless of what people say around you.
Everyone is wrong at some point but the main point is that you don't change your thesis unless it's invalidated.
The last few weeks have been pretty mentally draining for me as I try to squeeze what I can from the market in an optimal way. After I close these trades I think it's time for a short vacation.

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gold2024

2h ago

Many have sold their tickets to Valhalla during this chop.
The will of the staunchest bulls have been tested and many others have folded completely.
The same people that called for $150k BTC have flipped bearish moments before the next leg begins.
Be weary of such people.

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gold2024

11h ago

Haven’t seen this much pessimism and flip flopping on the timeline in a long while.
Meanwhile:
$BTC is at $118k
$ETH is at $3.8k
Sideways chop showing how its worse than any directional move…

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gold2024

07-29 11:41

Traders have lost more money getting chopped during consolidation and flipping bias back and forth than during any downside breakdown

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gold2024

07-29 08:15

My current portfolio
Feel extremely comfortable in these assets. Not taking any more risk. Less is more.

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gold2024

07-29 07:30

Outside of shorter term volatility I don’t believe the data released this week will have any lasting impact on the market.
The economy is in a solid spot, I’m not expecting any surprises. We have Trump saying ‘I expect a rate cut’.. the market doesn’t believe him so no rate cut = non event, rate cut = max risk on
We had $9b in BTC sales over an illiquid weekend and no Saylor TWAP into the market and we are back into range and consolidating
Take things slowly, don’t get fudded out during the chop, believe in the trend

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gold2024

07-28 07:29

Future number #36 token gaining ground rapidly.

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gold2024

07-26 09:07

Up tremendously on my current positions. Holding everything with the thesis that ETH breaks through ath's by end of next week at the latest.
The last 2 weeks of PA did test my conviction, nothing prepares you for being in the moment of the 'dip' and watching your uPnL slide massively. No matter the mental awareness that a dip will happen beforehand
Glad I held through. Honestly, I haven't been doing much aside from monitoring my existing positions and adding some to them during the dip, I have my conviction bets and I feel no real desire to chase the flavour of the day.
Current positions are:

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gold2024

07-25 08:35

Great chart, consolidation above prior ATH, one of the hottest tokens of the cycle, $3 target wick people want to fill.
Quite heavy in this one

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gold2024

07-25 07:11

Take a note of what tokens have best relative strength against Bitcoin during this downturn and buy those

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gold2024

07-24 15:18

I like @LucaNetz quite a lot as the leader of $PENGU. He is one of the most likeable, transparent and intellectually sound leaders in crypto we’ve ever had
I don’t think I can say one bad word about him. THIS is the kind of guy you need leading the charge for such a big brand. He sets a fantastic example for a good cult leader
The others guys don’t even come close

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gold2024

07-24 09:40

In a volatile market like this, volatile pullbacks are also expected.
These pullbacks can test conviction in your thesis and make you start doubting yourself m. It’s normal.
If you believe this is the beginning of the next major leg in the market then use these opportunities to add or open the positions you believe in
I firmly believe that if you are in from lower then it’s better to weather this pullback rather than sell your position out of feelings. You will likely just buy back higher and feel FOMO from the sidelines.
I’m still holding onto all of my positions, sticking to my thesis.
I’

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gold2024

07-23 09:11

People are beginning to see why Pumpfun is the absolute worst thing to happen to crypto in many, many years.

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gold2024

07-23 06:46

My current plan is to have a pretty hands-off approach and compound on significant pullbacks (20-30% pullbacks)
Yesterday I added some to $SPX and $ETHFI
Aside from this I'm just watching and waiting...
My thoughts are still that BTC steals back the show pretty soon and takes back some % in dominance.

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gold2024

07-22 10:00

2 weeks ago I was in Monaco and a beautiful painting in a window caught my eye.
It's now on it's way to my place, I can't wait to hang this 200 year old painting up on my wall.
Funnily enough, this sort of purchase did not mark the top and it was the beginning of the next leg up. Bullish on artwork in 2026

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gold2024

07-22 05:28

A lot of people are in the process of becoming sidelined right in this very moment as the market has its first dip and they sell due to PTSD
After many hours of thinking what to do I decided not to close any of my positions because I don’t want to be one of these people
Good luck.

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gold2024

07-21 15:31

I'm currently sitting on my largest uPnL in my trading career right now as well as my highest profit month in my trading career.. and it's definitely starting to play on my mind a little bit.
I know that the market is going higher, but it just depends if i want to weather through the inevitable pullbacks in violent trends like this.
Lastly, If I were to give a guess of what I think the market will do next it is that BTC will take back some dominance, leading to its pump to $130k while the rest of the market cools off.

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gold2024

07-21 10:10

So many ETH entities are trying to be the next Saylor. It’s a race that only one will end up coming out on top. Right now the race is extremely tight, with the ‘top holders’ changing every few weeks. Billions of dollars worth of eth will again be bought this week
This is the perfect storm for an $ETH run above $4k and beyond
$ENA will likely be one of the best eth alts to hold. It’s run incredibly well and it will probably keep doing incredibly well
$SPX is one of the most important memes on ETH and it has proven itself over the last 1.5 years
I am in a position where I don’t feel the need

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gold2024

07-20 15:11

Some of you have forgotten what’s possible in this market…
There is a great chance that this time is different
Dream a little bigger, friends

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gold2024

07-20 08:13

I had the dream that I was completely sidelined.. zero exposure to the market right now and just watching the market exponentially pump higher without me
It was horrific

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