🚨Cryptosniped calls ▄︻デ══━一💥
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Different post today - Thinking longer term and earning passive income is part of the CryptoSniped mindset. Focusing on the bigger picture once you have equity is very important. Stocks, bonds, treasuries, ISAs… etc. However, my biggest building block long term outside of the above has and will always be real estate. Always a solid arena for returns. Stake - regulated by the DFSA and has been operating 5+ years now. Can invest in properties in the UAE with some good yields. Crypto or fiat. Something to consider long term.
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Morning and welcome to August gang. There’s still nothing to whet my appetite at this moment in time to make a long term trade. 1 year of a true bear market is September so I’m still watching from the sidelines.. patiently. Thought process: USDT is at the cusp of resistance - meaning if it breaks through, we could see the whole of crypto get nuked to where this yellow trendline is approximately. In correlation, BTC has surprisingly held its value very well. I still don’t think we are at the bottom, as this isn’t anywhere near max pain. However, as many have alluded to, the 4 year crypto cycles could now have concluded meaning BTC is finally entering its phase as a mature asset given all the regulations and laws surrounding it - basically, a viable product to own in any investors portfolio either directly or through ETFs. Having said that, I’ve pulled up $DOGE as an example which is literally at rock bottom lows so this could also support the thesis that BTC is maturing. Nevertheless, until proven wrong I’ll wait till after September as SPX still is climbing with not a single retrace in sight. SPX will hit 10,000 one day but I believe the retrace will happen first before it explodes to those levels.
I’ve made a fantastic few connections over the past month, that could possibly be the next best project for the upcoming bull cycle. I dont want to disclose too much information at this stage as it’s extremely confidential. However, what I can say is that I’ll be selecting a few people who have done time in the CS private group who’ve showed up and constantly put in work surviving their first full cryptocurrency cycle. Experience in this game is key so thanks to those that have been loyal and those that constantly messaged during my hiatus vacation. Now having said that, this project is a work in progress. I still see the S&P flying DOWN* on the monthly with no retracement. IMO, once that retracement commences, the bottom of this, will mark the end of the bear market for the cryptocurrency so late 2026 or possibly early 2027. At this stage of summer, you should be planning and setting yourself up for success. Gain and soak as much knowledge as you can. If you aren’t going to put the work in and take this seriously, then how do you expect to be rich? Even the trenches takes serious experience and understanding of trends, patterns, marketing and word of mouth. Ponder over it and make your decision if you want to 10-10000X your current portfolio by 2028-2029.
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No additional analysis at this point. Monitoring monitoring monitoring is all we need to know. Start of the month candle for July tomorrow. The quicker we go up initially, the quicker we get to dump later. Whether it’s this month or a few months, the target…
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No additional analysis at this point. Monitoring monitoring monitoring is all we need to know. Start of the month candle for July tomorrow. The quicker we go up initially, the quicker we get to dump later. Whether it’s this month or a few months, the target bottom lows will be around 32k ish. It seems so far away right now but patience is a solid skill 🙌
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Patience, just practice patience. Honestly, go rest for another month or so, whilst we gear up. Remember, it’s always ridiculous until it actually happens. See all my previous discussions and even the very last post about Elliot wave 5th impulse move. ABC correction could take another 2-3 months maybe longer. Anywhere near 40k territory is buy zone. What we want to see is a wyckoff retest form. A nasty spring test. This is all science of patience and letting the trade come to you. If you’ve had no rest this entire 4 year cycle then I suggest you go touch grass for 1-2 months and come back with a fresh mind and spirit. Winners are born during the bear. We will get that rock bottom position. 🔫
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