Banger entries and insane profits.
As expected, the Coinbase IPO gave us the pullback to load up. And we managed to pick the best performing midcaps.

$BAL up 28.22%
$AVAX up 22.03%

https://www.tradingview.com/x/2aQuLRJ7/

$BANDUSDT

Massively out performed my Target.
Currently sitting at 35%, our targets locked in 24%. Neat!

https://www.tradingview.com/x/Qo3B7nk6/

$AAVEUSDT Update

Just above our final target. With a 3x long we have a comfortable 73% profit on AAVE.
Congratulations!

https://www.tradingview.com/x/E4dnhE1j/

$LTCUSDT Update

Currently up 73% from our entry just 15 days ago. Remember, this is a large cap coin. That's how accurate we picked our entry.

I'm slowly reducing my position here and at $315. I see an over extended daily here. If bitcoin destabilizes the market, we are sure to get fresh entries off this.

https://www.tradingview.com/x/U8L0qlcR/

$LTCUSDT Long term targets

A basic fib retracement from the previous ATH to ATL shows us that $579 is an achievable number in the next 3 to 6 months. Remember that price doesn't move in a straight line, small corrections along the way will appear.

https://www.tradingview.com/x/EFVVJXLy/

Clearly as mentioned, the daily was over extended. Price is account 10% cheaper now ($277). We are re entering the market in small amounts.

Congrats on increasing the number of coins you hold.

Publicly traded this.

55% with a mere 5x leverage. That's how you use leverage smartly.

8 days later,
BCH - $600 => $1100
ETC - $17 => $45 (peak)
LTC - Currently sitting at $315

If this isn't a money making machine, I don't know what you do in crypto.

Expected a correction but this was deep. I'll admit that

Source: Cryptomedication (@librehash)

"Binance is stopping traders from placing sell orders because they’ll go insolvent if the market topples.

They use USDT disbursements as backend IOUs for deposited customer assets.

As Tether trades above par ($1.02 and higher), they’re forced to rebuy these rapidly deflating assets at a 2% premium on the way down.

Binance’s financial situation is tied to OKex, Huobi & Bitfinex.

So thank your friends at Binance for keeping the markets sane."

Reminder: never bet more than you're willing to lose, especially if you struggle with suicide ideation.

Morning people!

Zero trades in the past 3 days. Why? I wasn't sure of any trades. So I stayed out. The market has been brutal. Let's be honest, we were over due for a major correction. The over extended daily played its part and so did GrayScale. Yep, the bitcoin trust. It is an open secret that bitcoin only moves when they make trades. They sold their positions in Bitcoin and major altcoins. This could be a reason for the dump.

I discussed this earlier, don't strain your mental health with crypto. I have consistently focused on telling you to cash out and spend money on things you love. We make money to spend it. Don't let greed overshadow the joys of life. I'll be open about my case. I make big mistakes too. We are human. I too lost funds in the crash. This one and the one in mid Feb. Its is painful, but you need to talk it out and realise that things happen for a reason. Please do not give up on life.

We made great money in the last 12-14 months, alhamdulliah. We can't make those gains everyday. Its not meant to be that way. Just take a break off crypto and go for a vacation. Don't think about the cash you have already lost and vacation money will also cost. Just get out of the cycle and relax. Come back and we'll make some good cash inshallah.

See y'all when the time is right to trade.

$LTCUSDT Long term outlook

We have been extremely bullish on litecoin from the very beginning and have made heavy gains on this coin. But in a few moment, you will see why this bull run is far from completed. As expected, we saw a runup from $200 to $300 levels in a jiffy.

Volume
Through the second half of 2020, a renewed interest in crypto brought a massive influx of litecoin holders. This is genuine steady growth and not a spike of TikTok promotions. It is a healthy foundation for a major altcoin.

Volume profile shows we have some demand in the $200 - $225 range. Long term holders and new cryptomaniacs can enter here. This is a historic resistance level, can expect some momentum here.

https://www.tradingview.com/x/UGcCd7KV/

$LTCUSDT Expected growth

A very crude way of putting it out but I'm expecting Litecoin to hit $1,200 soon. The idea here is if Litecoin is to show the same growth as bitcoin from the point of breaking its all time high, we could see a 230% move towards the top. That leaves us with 430% of potential growth. Even if my numbers are vastly wrong, I still see us breaking past $700 in no time.


https://www.tradingview.com/x/FT3rwdt9/

I have a few more detailed ideas like this for people who have the patience to hold on and wait for the bigger moves to develop. Rome wasn't built in a day and nor will this trade.

I humbly request you to share this analysis to all the groups and people you deem fit. I'll consider the new members flowing in as a token of appreciation from y'all.

Cheers, stay blessed.

The reddit to be on right now is

https://www.reddit.com/r/binance/

This is concerning. No main stream exchange should cause such hurdles in fiat movement.

Compounding, the 8th wonder of the world

We all have heard this, but the question is how it translates in real-world use?

I'm considering starting small with $100 and trying to build my way up. I know this will need total commitment and discipline, so I'm not starting right away. I'll get done with my university exams by the first week of May and have some time to structure up.

The link below will take you to a calculation.

2% daily growth on a $100 initial investment compounding daily returns the down payment for a decent property. That's in a single year.

Mind-blowing.

Now consider this. 2% a day isn't such a big deal in crypto. It's achievable. The question is will you be disciplined enough to stick to the rules.

Play around with the calculations and see for yourself how small consistent gains add up.

https://www.thecalculatorsite.com/dailycompound?a=100&p=2&y=1&m=0&d=0&dr=100&iw=y&dw=y&md=0&sd=2021-04-24&c=1

Okay. So my city just entered a 14 days lockdown. I'm having my end sem exams and they have been postponed.

The plan was to start a full fledged trading action after my exams which where scheduled to end on May 3rd.

Good news, we start rolling out some more in-depth TA from today.
The $100 challenge will start too.

Let's get the money machine started baby!

PS: Do pray for the people in my city. It's the worst hit city in the entire world. Yep, that's where I live.