Time To Be Bullish? | 1000x Live
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It's it's important to not always trade. You have to pick your spots very carefully, and you have to understand when you have edge and when you don't have edge. So for example, what I say now, hey. Go out there and go buy a bunch of BTC and then short a bunch of alts against it. You don't need to put on that trade now, you can wait for the opportune moment, and sometimes the opportune moment doesn't come. But if we get a squeeze across the board of these shorted alts, then why not be there to take the other side? Alright. We're live. Let's see who's here.
I feel like we're we're like gamer zombie. Like,
really I mean, this is this is the literal video game. Is it not a video game for you? Because it's video game for me. Trading is, like, you got all you got the flashing lights. You got the dopamine. You got the stimulation. You have the lack of social life. You I mean, you basically have all the hallmarks of being a gamer.
You got the wives, mothers, girlfriends hating you. Yeah.
Actually, you know, my my girlfriend knows nothing about crypto, which is an amazing thing, wonderful thing. And she was telling me that you gotta be deeper. Yeah. And she 100%. And she was telling me that, you know, if if I want the number to go where I need it to go, I should just close my eyes and visualize it.
No. That's terrible advice. That that's like that like, manifesting money doesn't work. Remember we talked about this reminiscence of a stock operator. If you're like, I wanna earn enough money trading stocks to buy that fur coat, you just get rinsed.
Yeah. The don't don't trade for the fur coat. Never trade for the fur coat. Never. Well, I I do think, you know, there there's this one guy that I used to listen to or just one documentary of this large Australian commodities trader named John Moulton. And the guy the guy was a legend. He just yelled out things on the floor, and he was a lone guy. Didn't trade for a bank. Didn't trade for anyone. Just traded for himself, and he would sling massive size. And he made, you know, what it seems to be reasonable money throughout his career, and he's like the epitome of a discretionary trader. One of
So his his middle name is his nickname is Rambo. I just googled him. He's John Yeah. Rambo Molton. He's amazing. He's amazing. And Every every way she did that, I would literally lose everything. So I guess what works for Rambo doesn't necessarily need to work for you, but maybe it does. In fact, I'm gonna try that. I I think this is the time to trade actively, Avi. I'm I'm like I'm normally a pretty passive long kinda guy. I just sit there and hold stuff that I like and occasionally rebalance or clean up line items or add line items when I wanna gamble on something. But, like, this time, I th
doubt. I don't I don't think the market's fully shanked yet. That's that's the thing. I mean, if you look at just look at price action today. I mean, one of the things you should always be paying attention to if you're doing anything in this market is just pull up pull up open interest and pull up funding. And you look at you know, try to look at moves in the context of what is driving them. So today, I just did not, for even half a second, believe the move to 61 k. And, I mean, let's see let's see where it shakes out here. I still think that we've got a little a little bit lower to go. I mean
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