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

Ok generally speaking we’re back where we were and still breaking down. We sniped that bounce well which was great. Now we wait for lower or a close higher.

The halving was yesterday. It’s priced in because it’s a well known supply event. Miners have been building inventory to stay profitable. Aka - they have the Bitcoin to double the amount they sell daily even though they are mining less per block. Every industry does this. Macro signals are all downturning through May and etf flows are shrinking. We need a catalyst and there isn’t one coming. Usually means lower prices and reaccumulation for ath break later in the year. If so. We get to buy the generational bottom at awesome prices. If not. We buy higher and haven’t lost much. Good place to be.

Also: every time I post one of these the market does something unexpected so as always - the plan can change v quickly dependant on the cards that are dealt.

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.