Ape Capital

Hello Iconomi Investors, I have been with Iconomi since I got into Crypto in 2017. After trading successfully albeit blindly (bull markets have a habit of letting noobs win), I soon realized I was not able to keep up with all the developments in crypto. I wanted a way to buy indexes of the market instead. Crypto Strategies were, and still are, the best product out there and I invest with several strategists here. Fast forward to today and I am now ready to apply what I’ve learned more publicly and invite copy traders. Macro Strategy: Crypto is very volatile. Take advantage of the upside, but limit the downside by using benchmarked bitcoin stops. In Bull: Invest agnostically in vetted (research below) high performing altcoins, rotating frequently, with an eye to making multiples on a pure bitcoin or ethereum holding. In Bear: Sit in USDT and invest mainly in bitcoin and ethereum on significant dips with close stops and benchmark targets In Uncertainty: Apply classical charting principles of 3:1 up to downside before taking trades (with close stops) and largely stay in USDT. Micro Strategy: Volatility leads to stop runs. That said when crypto tanks it does so with little warning. Close stops protect more than they lose in a bear, and wide keep gains running in a bull. That said these will be used sparingly in the bull as early positioning is volatile. Research: Bitcoin Live member: https://bitcoin.live/analysts Twitter Advisor List: https://twitter.com/i/lists/1480508370494926852 Complete fascination with this space and subsequent CryptoTwitter addiction Welcome to the strategy. Cheers, Cryptoechein

Good post https://x.com/21blacky/status/1779681294831571276?s=46&t=z89yOKVtr41VqTTDVNIqaw

Btc decisively broke structure and hasn’t recovered meaningfully. We stay out until it breaks down again or confirms strength.

Market has changed for now. Continuation is to the downside.

Also on usd. I feel you. We all got into crypto to be long. But sometimes we need to eat the healthy vegetables.

Here’s a reminder: if you go 50% down. It takes 100% to get back. The down is more devastating than up is rewarding in %. 🫡

Epic stuff. We now hope for a continued flush where we buy slowly into our alt positions as they capitulate. Unless there’s a huge wick we can catch. Silver lining is prices are getting great.

Ok general thoughts: This market kinda sucks tbh. You see it across Twitter and strategies here. There are good signals and coin setups but they keep getting invalidated on seemingly small btc moves. Lots of chop with unreasonable outcomes especially for alts.

Why? My guesswork is that btc is actually starting to be seen as an inflation hedge and so is goin up on that whilst also reacting to stock/macro event weakness as a risk asset. It’s like it’s in transition. Meanwhile alts are definitely risk assets. If you look at the alt/btc pair or everything except bnb and sol - it’s ugly down only compared to btc.

Generally at this stage we’d want to be exposed to alts for the higher beta upside. But as it is this strategy is losing money vs the btc hold. Then it is about “when do they bottom” for sweet deals? Basically that should have been happening already, but it seems not.

So…what do? Camp out in btc mainly and wait for the cycle to restart. Essentially shove down the fomo of “what if”, load up on patience, and wait for alts to really show strength vs find a bottom. It means we miss some upside. But avoiding this downside is priority 1 atm.