Space Summary
The Twitter Space COUNTDOWN TO LAUNCH WIFI MONEY w/ Greg & Nagato ️ hosted by GregLuntX. Dive into the insightful Twitter space event featuring Greg and Nagato as they unveil the journey of WIFI MONEY, a project aimed at building something practical and valuable. The discussions revolved around the project's genesis, technical innovations, community engagement, future plans, and the founders' expertise. Transparency, trust, collaboration opportunities, challenges, and growth prospects were also highlighted. Discover how WIFI MONEY stands out as a unique project, emphasizing community involvement, innovation, and a clear vision for the future.
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Space Statistics
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Questions
Q: What inspired the creation of WIFI MONEY?
A: The team's desire to build something meaningful and practical fueled the development of WIFI MONEY.
Q: How does WIFI MONEY differentiate itself from other projects?
A: Unique features and innovations set WIFI MONEY apart, offering a distinct value proposition.
Q: Why is community engagement crucial for WIFI MONEY's success?
A: Active involvement and support from the community drive growth, adoption, and sustainability.
Q: What are the key technical aspects of WIFI MONEY's development?
A: Insights into the technology stack, architecture, and protocols behind WIFI MONEY.
Q: What are the future plans and goals for WIFI MONEY?
A: Exploring upcoming developments, partnerships, and expansion strategies of WIFI MONEY.
Q: How can individuals collaborate or contribute to the WIFI MONEY ecosystem?
A: Opportunities for partnerships, projects, and involvement within WIFI MONEY's community.
Q: What expertise and insights do Greg and Nagato bring to WIFI MONEY?
A: Understanding the experience, vision, and roles of the founders in shaping WIFI MONEY.
Q: How is transparency maintained within the WIFI MONEY project?
A: Discussing communication strategies, project updates, and community interactions ensuring transparency.
Q: What are the challenges and opportunities faced by WIFI MONEY?
A: Exploring obstacles, competition, and potential growth avenues for WIFI MONEY.
Q: How can community members get involved and contribute to WIFI MONEY's success?
A: Engagement opportunities, support channels, and ways to actively participate in the WIFI MONEY community.
Highlights
Time: 00:15:43
The Genesis of WIFI MONEY Insights into the inception story and motivations behind WIFI MONEY's creation.
Time: 00:27:18
Technical Innovations Unveiled Exploring the cutting-edge technology and solutions integrated into WIFI MONEY.
Time: 00:41:55
Community Building Strategies Strategies for fostering a vibrant and engaged community around WIFI MONEY.
Time: 00:55:02
Future Roadmap Revealed Exciting plans, partnerships, and developments outlined for the future of WIFI MONEY.
Time: 01:07:29
Transparency and Trust in WIFI MONEY Importance of transparency, open communication, and trust within the WIFI MONEY ecosystem.
Time: 01:21:14
Expertise of Greg and Nagato Insights into the founders' background, skills, and contributions to WIFI MONEY.
Time: 01:35:45
Opportunities for Collaboration Ways for individuals and projects to collaborate and enrich the WIFI MONEY community.
Time: 01:49:09
Challenges and Growth Potential Discussion on obstacles faced and potential avenues for growth and development of WIFI MONEY.
Time: 02:05:37
Engagement and Involvement Encouraging active participation, feedback, and contributions from the WIFI MONEY community.
Time: 02:19:50
Closing Remarks and Gratitude Reflecting on key discussions, thanking participants, and looking forward to the journey ahead with WIFI MONEY.
Key Takeaways
- Understanding the motivation behind the development of WIFI MONEY.
- Insights into the unique features of WIFI MONEY compared to other projects.
- The importance of community engagement in the success of WIFI MONEY.
- Exploring the technical aspects and innovations of WIFI MONEY's development.
- Key strategies for the growth and sustainability of WIFI MONEY.
- Discussion on the future roadmap and goals of WIFI MONEY.
- Opportunities for collaborations and partnerships within the WIFI MONEY ecosystem.
- Addressing community questions and concerns regarding WIFI MONEY.
- Highlighting the expertise and vision of Greg and Nagato in the crypto space.
- The role of transparency and communication in building trust within the WIFI MONEY community.
Behind the Mic
Initial Remarks
Take a walk with the full moon robot and zip top. It's all kicking off soon. Better stay with a crip, bro. I don't know about your goons round here. Everything lift up. Whether it's draw, win or lose, none of my friend may give up. Let's do it.
Discussion on Current Situation
Straight to a no time. You let him dry when he comes. Oh, yes. Okay. Okay. How do you work this thing? I don't know what to do here. Holy shit. What is this? Negato. Call the ambulance. But not for me. Hello. Hello, my friends. We're back. We're back, we're back. You know what? I don't know what's going on. I don't know what's going on. Today is going to be a day where Nagato takes us through a deep dive into the world of crypto and money and life. Because I don't know what the fuck's going on, dude. I had my head up my ass for the last two weeks, not paying attention. And so today we're gonna learn. We're gonna learn from the man. Are you back?
Introduction to Life Changes
Well, I know you're back. This is. Well, this is your first Wi-Fi money from your new apartment, right? Why don't you give everyone the update? You got a big life change. Yeah, brother. I'm finally back in Bangkok. It took me one week, almost, like, to settle in because, you know, when you move to another, like, to a new apartment, you have to take care of some stuff. I had to buy a few things, set up the Wi-Fi, blah, blah. Now I'm ready, and I'm fucking. I can't wait to, you know, stay here for, like, the next six months or maybe nine months and just fucking locked in and fucking make shit happen, you know? And I actually think that the next few months would be amazing, like, for all the crypto people.
Setting Goals
So, you know, it's time for. For us to actually lock in and don't fuck up the next uptrend, you know, because, like, people really think that a bull market is, like, really easy, you know, to play. It's really easy to make money, but it's not actually true. You have to be there every single day. You have to spot all the signs, and you have to actually take profit when it's. When it makes sense. So there is a lot of work to be done, you know? Of course, you get prepared during a bear market. You buy your coins and everything, but you have to be swift in a bull market to take profit when it makes sense. Spot the trends, spot the signs. So, yeah, there is still a lot of work to be made, but we are on the. You're on the winning side of this trade, in my opinion, Gregory.
Market Perspective
But as I told you. Oh, yeah. No, go for it, bro. No, you go. What did you tell me? No, I was about to say that I also didn't really pay that much attention to the market this week because, as I told you, I had, like, other stuff, other things to take care of. But, yeah, of course I can. I can spend some words regarding, like, BTC, altcoins, and how I think the market is going to play out in the coming weeks. You know? Do you want to just, like, go straight into those things, or you want to, like, say something else first? I want to know how you're going to make me rich. That's the only reason I do this every week. Yeah, later. Not now. What's the answer? Sold. For later, bro. Sauce for later.
Future Aspirations
What? For later. Sauce, sauce, sauce, sauce. There you go. Become American, dude. Okay. Do my best, bro. What's your biggest goal for the next. By the end of the year, outside of crypto, because you said you moved into the new apartment and you're gonna fucking lock in. So, like, other than taking profits in the bull market? Cause we all heard that. What's your biggest. What are you trying to work on? As I always say, like, life maxing in general, you know, not just, like, from a, like, money perspective, but also from, like, all the other areas that are important because, you know, like, a mistake that many, like, people make.
Reflections on Life Goals
Like, when they are, like, quote unquote crypto people, they just focus on the money side of things and then, like, they end up making some money. But all the other stats are not Max, and they are just fucking, you know, average guys in everything else beside money. And it's not really how I want to end up. You know, I want to cultivate, like, other skills and in other areas, and I want to become, like, you know, some sort of, like, a machine in. In many other areas as well. So I. My goal is not just to play the Buran, make money, and then, like, be a fucking average dude.
Engagement in Personal Development
I actually have big goals for myself in every other realm, you know? So I asked, what did you want? What are your goals outside of crypto? And then you said stuff outside of crypto. Is that the answer? Yeah. Okay. That's solid. Super good like that. What about your goal, bro, for the next six months, what about your goal? Dude, you. You just didn't answer. You completely dodged my question and then you throw it back on me. That's crazy. I'm Bill. I'm building some stuff. Building some stuff. I'm trying to get into a program. I would say that's my big goal for the next two months. There's a startup program that I'm trying to get into more to come on that.
Discussion on Current Market Trends
I'm going to need your guys help, so stay tuned. I just can't talk about too much of it now. But, yeah, you know, my goals. I just can't really talk about it. I wanted to get into yours, but that's okay. We don't have to. We can just go straight into crypto. So I looked at the market. I did see some of the meme coins are going nice. Ponky's up like 23% today. Mog is up 10%. Bitcoins at 30, 60. Jesus Christ. 63, 282. Sitting in this channel, you talked about your three scenarios, right? Last time we spoke, we had your straight up kind of down and then up and then more down and then up.
Technical Analysis
And, right now we're sitting in like the second scenario, right. We pulled back from like, where were we at the time? Maybe 67. And now we're back in the middle of the channel at like 63. So what are you looking at here? So basically, my scenario, like, my favorite scenario, when I shared, like, those three scenarios, my favorite one was always the, has always been the scenario number b. So it's basically the one, I mean, not number b, like letter b. And basically, like, were trading at around like 67, as you said. And I said that in my opinion, a correction to the 62, 60, 59 area would have been actually really healthy for BTC.
Market Corrections
And that's basically what we had in the past week. And since then, we actually bounced from 59, which was like a really nice area with a lot of confluences. So it was really, I mean, I was really pleasant to see BTC actually bouncing from that area. And another thing that I really liked regarding crypto in general is that it was last week, I guess, or maybe two weeks ago, when BTC went, as we just said, from 67 to around 60 before bouncing back a little bit and then back down to 59 was like two days ago to me, like many people said that it was like a sign of, like, weakness, this drop. But in my opinion, it was like a sign of strength.
Macros and Market Sentiment
Because, like, if you look at the macro picture, you had like wars here, worse there, missiles flying, you know, and also the stock market took, the American stock market took a big dip on that. And to see BTC just going down, let me see, like, 10% with something that big, in my opinion, it showed a lot of strength. And now we are actually moving up nicely. I'm still not convinced that BTC will just simply keep trending higher and higher from here. Maybe I can see another pullback around the 59 area, 57 area, maybe the last one, but it's still too soon to say that.
Waiting for Signals
First, I think we have to wait for maybe, like, the weekly closure in, like, two days. Some areas I'm looking at for a potential reversal year are, like, sixty four k and sixty six. So if we have, like, a wiki closure above those two areas, in my opinion, like, everything will look good for bulls. If not, if we end up having a rejection from, like, the current area, then we can have another retest of, like, 59 to 57 before actually, like, reverse the. This quote unquote little downtrend, you know? But, yeah, things are looking good, in my opinion.
Market Outlook
Everybody's like, oh, October is cancelled, blah, blah. In my opinion, is not like that. If you go back in history, in many October in the past, we always had, like, a shakeout at the beginning of the month, and then actually the market went, like, parabolic after, so I'm not really worried about it. Still as bullish as ever. I don't see BTC going back to 50k or 45k as, like, many other, quote unquote influencers say. So. Yeah, let's see. Let's see what's gonna happen, you know? But I'm bullish as fuck.
Shared Sentiments
Bullish. Bullish as fuck. Like, that's the key of, like, all these, of these rant, you know, I'm bullish as fuck. And I think, Gregory, you are bullish as well. Right? It's hard not to be. It feels like this is just the point where, like, if you're gonna do something stupid, it's just purely out of, like, frustration and boredom. But there's no signs that anything's changed from, in fact, like, I don't know, it just feels really strong, like, for a lot of the reasons that you said, technically and fundamentally.
Managing Emotions
So, yeah, man, I'm just kicking back. This is why I like, for me, guys, and we talk about, like, emotional management as a big piece of navigating the market. Obviously, for me, like, I've just been able to kind of tune out recently because I just know that's what I need. Like, if I'm staring at these charts all the time, it's just going to make me sick, and I'm going to start, like. And when I say sick, I mean, like, I'm going to just over trade, right? I'm going to, like, be like, well, what's the next, like, thing?
The Importance of Timing
Like, maybe I'm going to feel some fomo on, like, some little, like, I don't know, a meme coin or, like, a narrative that I feel underexposed to and blah, blah. Like, I'm chilling. I got my bags packed. I'm ready to go. Q four is always the move. Like you said, Nagato, like, we're only halfway. We're not even halfway through October. So the thing is, this could. I mean, this could still draw out. Like, I've never said October. Like, that was never my thing. you never know.
Long-term Outlook
With, like, the election and stuff, I'm kind of, like, could before, could be after that shit. This thing could drag out to the end of the year. Like, I don't know. where we just kind of keep going sideways and see another couple of flush outs. That wouldn't surprise me either. but, like, again, if we zoom out, we're talking about really short periods of time. Like, a couple of months here, a couple of months there. I'm still thinking that we see some positive all time highs in Q four.
Speculations on the Future
But again, I wouldn't be surprised if it turned to the beginning of the year. There's something about the markets that when we flip over into the new year, something happens. It always goes up or down pretty aggressively in that first week of January. So it's just something about, like, our psychology, right, where there's a change that happens, there's a. There's volatility that happens. And that would be a worst case scenario for me in terms of, like, how much longer we have to wait would be, like, waiting for the new year.
Final Thoughts
But again, this is not that long. You got to stay busy in your real life. Can't just be waiting around for crypto. But, yeah, we could see something much sooner than that, too. It could start. And we said this last space is, like, it could happen in six weeks. It could happen, like, today. I don't fucking know. We don't pretend to know. We just. We just get prepared for anything. So how are you. How are you looking at this right now, dude? Are you trading right now, or are you just kind of, like, sitting on your hands?
Trading Strategies
No, actually, I'm not doing what you're doing. Like, as you said, like, you just took a big step back from the market and you're just basically chilling, which is a great strategy at the moment. If you have done all the necessary work in the bear market now you can just chill, sit back and get some popcorns and be ready to enjoy the show. But I've been a bit active recently. I've been day trading a bit. I was able to catch some nice moves, but nothing crazy.
Portfolio Management
I was just basically trade a bit BTC. I trade ponki a little bit and a couple other shit coins, but basically just for fun. But I also made a few changes to my main portfolio. I decided to play the game a little bit more aggressively. So I switched some capital from some coins to other coins and I cut some positions into some altcoins that I didn't like anymore that weren't performing as I was expecting. And I put that money into, like some coins that I think they would be the faster horses in the coming months.
Preparations Ahead
So I made some changes, but now I'm pretty much ready. So I think I would just simply sit back and enjoy the show as well with my main portfolio, while at the same time, I will just simply trade some intraday moves here and there just for fun and like to just like, you know, get a bit better at trading, you know, because you're never like, as good as you want. So it's, it always takes practice, you know, and yeah, I think I will simply sit back and do a bit of trading and enjoy the show.
Final Reflections
I mean, you don't really have to do much, you know, in this phase. The fact is that now you can just simply chill. You have to start putting in the work when the market is actually starting to move higher and go parabolic. Because then you have to think about your exit strategy and you have to, like, as I said before, like, look at the signs when, like, to exit, try to spot the trends and like, that will be a lot of artwork. But now, since we are just at the beginning, in my opinion, of the potential next parabolic move up, now you're simply, you have to simply chill.
Conclusion on Trading
If you want to trade the intraday moves, do that. There has been, like some nice volatility in the past couple weeks, so you can capitalize on that if you want. Or if you still think that your bags are not big enough, you can take advantage of the dips to increase your positions. But besides that, there is not much to do, in my opinion, like me, I think that most of you guys did all the hard work in the bear market. You already know which coins you want to hold. You already did all your research, so now it's, like, time to just wait a little bit more and then start to scale out and, you know, take profits and don't be stupid.
Sales Strategy
Don't, like, hold until, like, BTC, we reach, like, three hundred k. Oh, my God. We just sold all my crypto until then. No, it's fucking stupid. Set some targets, slowly scale out, like, the next phase of the market, when the market is going parabolic, is the phase where, like, in which you actually make profit. You know, I don't give a fuck about which altcoins you will hold. Simply scale out and sell a big portion of them.
Avoiding Pitfalls
Don't think about super cycle. Don't think about this coin will change the world in five years from now. Because if the market is going parabolic, you know, at some point, there will be a huge correction. So even if you sell all your shit coins, you will be able to buy them back lower, like, 100%. So don't get lost into, like, oh, I would just hold diamond ants because it's bullshit. I've been there. I lost a shit ton of money. Don't do the same, please.
Identifying Goals and Skills
And, yeah, that's basically all you have to do now. Yeah, a lot of it has to do with just, like, knowing yourself, too. Right? Because me and you have different approaches right now. Yeah, it's like, I know what I need and you know what you need. And part of your goals that you've expressed to me is, like, explicitly becoming a better trader. Like, you're, like, buying books and, like, watching videos and practicing and setting up little side trading accounts and blah, blah. So, like, you should be trading because that's, like, literally one of your goals outside of, you know, just making money this cycle or something like that. Like, you actually want to build skills. Like, hard skills. And we should all be building hard skills, particularly digital hard skills, if trading is one of them, or if it's editing, if it's doing marketing stuff, if it's writing, like, onlyfans.
Substantial Efforts Beyond Quick Gains
Yeah. Shooting videos. Let's say, you know, just do it. Do do things that are actually gonna make you a valuable person outside of, like, fucking trying to hit the crypto lottery. Like, dude, there are so many people that's literally the whole plan. It's like, I'm just gonna work, like, this, like, dead end job that I hate, but, like, crypto is going to get me out, and it's like, I hope so. I hope you hit it. But, like, that's not a real strategy to me. Do you know what I'm saying? Like, that's just like, a high. That's a high risk play because you're basically taking no agency in your life. Like, you're just kind of, like, hoping that Nagato pumps your bags. And we never want to rely on Nagato for anything outside of co-hosting this space, right?
Living with Environmental Challenges
Yeah, you're right, brother. I know. I know I am. So, anyway, if you guys want to jump up on stage, we can open it up a little early. Just hit that mic on the bottom left. If you have any thoughts about where we're at in the market. Should we let people shill today, Nagato or. No, probably nothing. Up to you. There is a guy in the comment that said, but Bangkok doesn't have bad air. And I'm like, yeah, but you will be surprised at, like, how many cities in the world they have the same pollution as Bangkok. Like, for example, I'm from Italy, like, the northern part of Italy. And, for example, Milan. It has basically the same pollution as Bangkok. So it's not that bad here. You know, I would be fine.
Experiences with Air Quality
Everywhere has bad air, bro. Yeah, it's okay, I guess. Let me see. A few months ago, I ran around my block. I was like, I wonder how fast I can run a mile. I haven't timed myself running a mile, like, as fast as I can since I was in high school fucking 20 years ago. So I just took off. I. Well, first I mapped it out just to make sure, because I run, like, in a circle around this, like, these back roads in my area. And so I mapped it out. So I need to run from here to here and then here to here and here, and that's a mile. Okay? So I hit my fucking stopwatch, and I did pretty good. But at the end, I was like, I realized how bad the air here is, bro, because I, like, I was coughing.
Impressions on Health and Living Conditions
And it wasn't because, oh, I'm out of shape. It was like, I must have just been inhaling, like, horrendous air, like, just heaving it in. I got a 601, which I thought was pretty good, like, considering I don't run ever. I just walk. But I was like. I was like, oh, I wasn't even. It wasn't like asthma. I was just coughing a lot. Anyway, that's like my Arizona bad air story with a humble brag built into it. Everywhere's got bad air and bad water. It's like. It's kind of crazy. Anyway. That's a whole different fucking subject, actually. I haven't I haven't run in a couple of years. I guess, like, seriously, sometimes I go to the park and just like, run a little bit. But I never actually measure like you did.
Pollution Perspectives
You know, like how fast I can run a mile or something like that. Maybe I should try. But in Bangkok, I would probably die. You know, the pollution is like. I mean, for living here, like, normally the pollution is not that crazy. I mean, it's bad, but I mean, it depends also on the period. Like, if there is a lot of wind and stuff like that, but it's not that crazy. But like, going out and running through the city, that's a whole another story, you know? Everyone put your mile times in the comments. I want to know who runs the fastest mile. No fucking capping either. Last time you ran a mile, put how old you were, how many years ago it was, and, oops, I'm sorry. I'm throwing rocks.
Daily Routines and Physical Activity
Metal thing. How do you and what you got to. Are you on a walk now, bro? Are you on a walk? Yeah, I'm always on a walk. Dude, Wi-fi money is like a fucking hack. It's like a free hour plus of steps. Yeah. Every day that we do wi-fi money, I get like 20k steps. It's amazing. Okay. Yeah. Are you just in. You're in your apartment? See, it's eleven. That's the difference. You have to do it at 11:00 p.m. it's 09:00 a.m. for me, so I'm just getting my day going. You're actually living at the opposite, like opposite side of the world, basically.
Challenges with Time Zones
Like even in terms of time zone almost. So morning for you is always night for me. So we cannot really communicate that well. But I guess it's fine. It's good when. When you wake up and it's my afternoon, but it's a bad time for space though, because all of Europe is asleep. But. Yeah, it's not. We can communicate. It's just. It's hard to get a spa. A good space time. So, guys, we do this for you. I wake up early. Nagato stays up late. Actually, I don't wake up early. I wake up. I wake up at like 630 every day anyway, so I, like, my body just fucking wakes up, bro.
Commitment to Interactions
It's just. I can't. Yeah, which is great. I actually love it. Let's fucking go. Yeah, let's fucking go. Okay. We got. Natalie's coming out. Natalie saving all your ass, bro. Yeah. All these guys. All these tough guys in here. All these tough guys in here too scared to speak. Natalie's like, fuck you. I'm getting up on stage right now. What's up, Natalie? You're muted. Left me hanging. Natalie? No. Okay, she'll be back. Yeah, sorry. We're breaking up badly. I couldn't hear you, actually. You're still rugging. I'm bringing you back from running.
Communication Breakdowns
Okay. Is it better now? Oh, wait, now you're good. You're good. Yeah. What's up? Oh, awesome. Say hi. Happy Saturday. Sorry for bringing you back to crypto from running and walking around but kind of in the topic of. Kind of in the topic of how we started this space today. What would be your. And maybe negato could make a post out of it would be awesome for a person who is not that much in debt as you guys are. And most like listeners are following the markets and knowing like inner chemistry basically of crypto stuff. But you know having a small bag like knowing about narratives and having some good, like being exposed to some nice companies there.
Navigating Crypto Knowledge
But since we are coming into that stage when you're supposed to, you know, getting ready for a smart exit but for a person who can probably is smart but just like knowledge and doing other stuff in life. So don't have that much time, you know, to gain that knowledge in like two weeks or so. Just a short summary. Besides don't fuck it up, don't like be stupid, don't panic, don't be emotional and all that good stuff. But just some practical advice like maybe some bullet points, you know, how to actually also play that if you are not like crypto pro or it's like impossible at all.
Tips for Crypto Engagement
Negato. What's the. Oh yeah. I was pinning. I was pinning something to the chat. Give me 1 second. So basically your question here is like if I can give you some tips on like when to exit the market, like what sign to spot in order for you to exit the market at the right time. Am I correct? Something like that, yeah. But not like, you know, not like just you say do this and this and just following your lead, you know, not some like time frames or whatever but some parameters that a person could check out and make own decision, informed decision.
Strategies for Smart Exiting
But still, you know like something. What should we pay attention to as people, like for people who are not like that knowledgeable. Okay, I just pinned to this space the thread that I wrote like a couple weeks ago regarding basically one of my favorite indicators regarding like when to exit the market. And this indicator is humans, you know, you want to pay attention to the newcomers, new people entering the market. And you want to spot when actually the crypto market is entering like the so-called like euphoria phase, okay? When basically crypto is going viral everywhere.
Recognizing Market Trends
Everybody's becoming like crypto investors. They, I don't know, you go to your like hairdresser and the guy starts shilling you like Solana or like some meme coins and stuff like that. You want to pay those attention to those kind of signs. So highly recommend you to read the thread that I just posted. I just pinned it on these, on this space. And then if you have some other questions, maybe we can talk about these in the next Wi-Fi money space. But basically what I will do, I will basically follow what I wrote in that thread in order for me to spot the signs regarding NPC's and more from a macro perspective.
Important Market Signals
And then I will also combine those signs with some trading tools, TA tools that can help me analyze when the market is potentially topping. I will pay attention to price action. And basically when I will see like BTC or even altcoins, like printing, like parabolic formation, meaning like you will see like big green candle followed by another big green candle, another one. And like, basically the price action becomes vertical and everybody around you starts talking about crypto. Then you want to start like thinking about selling and you start slowly.
Scaling Out Wisely
And then as we progress, like during like this parabola, you want to scale out. That's basically the best strategy in my opinion. And again, go read the thread that I wrote and pay attention to those, all those signs, you know, because like, people really underestimate how powerful this strategy can be. So you basically, you know that like 99% of people that try to invest or trade in the markets, they fail. So if you actually use them as a counter indicator, like it's fucking profitable.
Learning from Experiences
Like, I can tell you because I experienced those things firsthand in my past cycles. And I can tell you that exactly when my normie friends started to ask me questions about crypto, like how to buy this coin, what should I buy, where should I invest? If I would have started taking profits when they asked me, I would have saved a lot of profits. So yeah, pay attention to the normies. Read that. And then we can also talk about some other strategies, which I already mentioned a couple months ago.
Further Strategies in Market Analysis
Some indicators that we'll pay attention to, some indexes that we'll pay attention to, of course, like, we also have to pay attention to what's happening on a macro level. I mean, there is not just one strategy that you can follow to just make money. But it's more like you pay attention to different signs that can be TA plus behavior plus macro. Like, you want to combine all of them to try to be as accurate as you can. You know, there is not like a single site that you can follow, and you will be 100% successful.
Navigating Uncertainty in Investing
It's all just like a big guessing game. We are trying to be as much accurate as we can. We are not perfect. We are going to make mistakes, but we are going to try to minimize those mistakes. Even in the profit-taking side of things, I hope I answer. I can add a little bit to that. I agree with everything you said. Your thread covers a lot of amazing kind of things to look out for.
Importance of Celebrity Influence
One thing that I don't think it touched on is celebrities. And what happens is every time you see celebrities start entering the market, people that are not crypto native, you usually have about like four to eight weeks before, like, that narrative kind of tops out. So it doesn't even necessarily mean, like, this was a unique, this more recent, like, meme coin celebrity moment was unique because, it. So, first of all, it did mark the top of, like, meme coins in the short term, right?
Impact of Celebrities on the Market
It's been like months since there was like, really like a hardcore meme bull cycle. And I think there's another one on the way. But once we saw Iggy Azalea and, you know, Andrew Tate and Lil pump and all these people start coming in, they had a little, their coins had a little push, and then it was kind of marking the top of, like, you know, the bull run from the end of last year into early this year. So, you know, the cycle before we had the NFTs and you had Trump and Tom Brady and blah blah, you have all these guys, like, coming in and they jump on the narrative.
Recognition of Market Patterns
And the cycle before that, I can't remember which there was, but there was the whole ICO boom, and there were, like, celebrities trying to, like, spin up stuff there. So the barrier to entry for, you know, this is a blanket statement. Obviously, there are exceptions, but generally, people that desire celebrity, they want attention, they want money. They're like, something like this is very attractive to them because it's like, based around clout and richness, right?
Significance of Celebrity Entrances
And so when you combine all the tools that Nagato is sharing with you and the thread, like, all of those things to look out for, and you also see, okay, now the celebrities are starting to come in. These are the people that are like, the most hungry for, like, whatever the trend is, for, whatever the hot thing is, whatever that win is, whatever makes them look cool, et cetera. You're going to see that first wave of them come in, and they're going to do pretty well, and you're going to get to, like, oh, this time is different energy for, like, four to six weeks.
Celebrities and Market Trends
And then you're going to see, like, probably another wave come in and you'll be like, I need to, like, really be starting to think about getting out here, as they come, as that signal combines with, like, all these other signals that Nagato's talking about. So definitely let's keep an eye because you'll see, like, one celebrity will come in and the timeline will be like, it's just the top. Like, you know, lil baby just did, like, whatever, and then shout out, lil baby.
Pending Market Signals
And then it'll work, right? And be like, okay, maybe not. And be like, another celebrity. It's like, it's kind of working, guys. But, like, it's only been like, three weeks or four weeks or five weeks, and then you just start to see a few more come in because they think that the risk is less. They're like, oh, well, these people are doing it. And that's when you start to get into trouble, right? That's when it's like, you're starting to get up towards the top.
Final Notes on Market Trends
So keep an eye on that. Short term celebrity success. That's the start. That's the beginning of the end for whatever that. That narrative is going to be. Bro, I think you didn't read my thread because I also touched on celebrities. I guess I didn't like me. Okay. Okay. You don't like me. Too long. It's too long. Where'd you talk about celebrities? I'm sure I did.
Conversations on Trading Strategies
Oh, there you go. Yeah, you did. Yeah. You buried it. You buried it under mainstream media coverage. Yeah. Yeah. That's kind of cheating. Should we go with Ma? That's that as the hand up or black nap? That was. No, Mar doesn't get to skip just because he always puts his hand up just cuz he's all polite and shit. So we're still going in order? Okay. All right, Marty, hang tight, buddy. Don't let your arm fall off. Blank nap. Hello? Can you guys hear me? Amig? Yeah. All right. Apologize about the quality. So my mic fell. So now I'm just using my mic from my laptop. So if you hear any noise or. I don't know. I apologize about that. I just wanted to touch upon trading, because you mentioned that now you're trading a bit more.
Technical Analysis and Trading Experience
I just want to say how Ta is amazing. Amazing. I managed to actually cut the bottom at bitcoin just because it touched the previous monthly open. And when it touched it like 1 hour candle, big wick, and there it goes. So I managed to like and get some, like, good trades in just because of Ta. And it helps you remove like, all the biases attached to it because, you know, you just have this level and, you know, if it goes up, you have like for long good, like, risk to reward. But if it, like, finds acceptance below the level, you know when to get out. It's like wonderful. But beforehand, I used to like, just fucking enter trades for no reason. Like, I didn't, like, look for monthly open, previous monthly open, weekly open, and it was just a mess. I lost like loads of money. And plus you can imagine if you add leverage on top of everything, it just goes to shitter.
Managing Emotions and Learning from Mistakes
So my question is, like, do you just trade spot or is it like with a bit of leverage as well? So what do you do to improve, like your technical analysis? Or do you also like improve like you're reading up on how to, like, manage emotions or what's your take on that? I don't know, brother. Like regarding managing emotions, like, you can read books, they can help with the mindset, but until you have money on the line, I mean, that's like, you won't learn, you know, because you can read like 20 books about like, you know, mindset, like how to respond to different scenarios when you trade, how to control emotions. But when you have your money on the line, especially if you are like, inexperienced, you will feel a lot of emotions and those emotions will actually annihilate your trading account. That's why most beginners, they basically fail all the time because on paper they theoretically know what they should be doing.
Importance of Practical Experience in Trading
But once emotions enter into the equation, they don't know what to do anymore and they basically start acting irrationally and they make a shit ton of mistakes that on paper, or even like by paper trading, they weren't making, you know? So yeah, books can help, definitely. I've read like, many books on, like, trading, investing and everything. They helped me a lot. But what's gonna make the most, the biggest difference for you is actually like, put your money on the line and like, start trading. You know, at the moment I'm trading spot a little bit with a portion of my portfolio. I'm also trading with leverage. I'm doing a fun challenge with some spare money that I had. So I'm not really trading incredibly big size, but it just, I didn't trade for a long time. So now I'm getting back into it and I want just to get comfortable trading again. This challenging is making me having some fun thanks to also the volatility of this past few weeks and everything. So that's what I'm doing.
Tips for Successful Trading
But yeah, if you want to get better at trading, you have to put your money on the line and start trading. Of course you don't want to trade with like if you've been investing in crypto, you have your main portfolio, you don't want to learn how to trade with your main portfolio. You will get fucking wrecked. What you should do is just to get maybe 5% of your portfolio, 3% of our portfolio, something like that, and then start playing with that 3% with some leverage. Of course, don't go like full digital mode 100 x leverage and enter randomly into trades with no stop loss and stuff like that because you will blow all your money. But if you apply decent risk management and you kind of know what you're doing and you try to control your emotions and don't make like stupid mistakes, I mean, trading is not that hard in my opinion. Like, of course it's still one of the, like, it's still a profession that takes a lot of time to like, it takes a lot of time to master it.
Long-term Commitment and Dedication
Like the problem is that like most people, they see trading as a get rich quick scheme. They enter trading and they don't treat it as a normal profession. For example, if you want to be a doctor, you study ten years to be a doctor. People, they want to become traders by don't fucking start trading you, they want to become trader in like one week. It's not possible, you know, you have to go through the process. So of course you will start trading, you will start losing money. But if you actually develop yourself and become the person who actually can make money in the market, then you will become a successful trader. But it's all part of the process. So do it every day, learn your craft every day. Backtest your setups, everybody is different. You will use different indicators than me, you will look at different signs as me.
Finding Suitable Trading Strategies
But many different strategies work. You just have to find what's better for you, what time frame is better for you, what kind of risk management is better for you? Like some people, for example like Bull Shark is a scalper, so he's basically operating on the five minute time frame. 1 minute time frame. For me, it's crazy, you know, I'm more like a guy that's operating on the four hour time frame, 1 hour time frame, maybe even daily. You know, it depends on like your style. So you have to find what works for you and then you're set basically. But you have to put in the time, the hard work, and that's it. Nagato, can I just also add on there about having a plan, having tried and tested plan, doing your back testing, writing out your set of rules and don't deviate away from it.
Maintaining Discipline in Trading
If you've done that back testing and your strategy works, don't change it. If it's not broken. If it's not broken, don't fix it. Just leave it as it's beef by. The order of the peaky fucking blinders. Sharp ill nagato, you mexican rat. How is he mexican? I don't know. Like there was one guy and the guy told me, oh Nagato, are you mexican? I mean crazy. But also with like what you were saying earlier about when to start scaling out and taking profits. Have them already set in your head as well. Don't be greedy. If you're happy with a certain amount, start scaling out. If you start scaling that, you're less likely to try and hold it all the way up and shit like that. Just scale out, have your price target set in mind, and when you're happy with that, come out of it and leave partials in there for a moon bag.
Dynamic Trading Environments
Oh yeah, absolutely. Like a common mistake among people is that they enter a trade. They have maybe a take profit, but then once the trade is going through their take profit, they keep on pushing it higher and higher and higher or lower and lower. It depends if it's a short or long, but they are not satisfied. They keep on like trying to get more and more from that single trade. And at a certain point maybe the market reverses and they get fucking stopped out, you know, without making any profit. So for example, yesterday I was in a nice trade on BTC. I entered at 59.2 and I saw that 61 point something, you know, and then the market kept on going higher and it went to like 63 and something, you know. So I could have made like pretty much double the money. But you know, you enter, you have your condition, you get the money that you want to make, you eat your tp and it's fine, the day is done, you know, on to the next one, you know, today, tomorrow is another opportunity.
The Importance of Taking Profits
You don't have to like make a shit ton of money in a single trade. You know, you can. If you're a day trader, it's fine. Just, like, focus on, like, the setup that you're trying to trade, take a play it, make the most out of it, and then leave for that day and go back to the chart the day after, like, over trading is never the right thing. And, yeah, I think that's. I think that's it, basically, on this topic. On top of. Yeah, go for it, bro. I just want to thank you, and I want to thank you again for hosting the space and everything. Really appreciate it. All the love, all the best. And one more thing before I go. So on all these old coins, I see, like, all of them are making pretty similar setups, and, like, loads of people are still trying to short them.
Market Dynamics and Trends
Like, for example, with, say, or sui. The only reason why sui has hit. I think today it actually hit. Its all time high is because everybody keeps shorting it, shorting it. Plus, it doesn't have that much liquidity in it. You know, it's really thin liquidity, so, which makes it, like, really easy to just, like, pop up. And that's, like, the beauty with crypto. You know, you have, like, so many setups with old coins that are just gonna rip higher easily because everybody's just gonna get liquidated. And that's gonna happen in, like, in a matter of days because there's loads of people that didn't take profits, but you can just see, like, sellers are exhausted. You can see with the daily candles, they're, like, really, really small. And if you add, like, moving averages, they're just getting chopped up right now in a range.
The Volatility of Cryptocurrency Markets
So, honestly, it's a beautiful environment to trade in. And Q four is usually a quarter where we get so much volatility, like, depends. Sometimes it's, like, to the upside, sometimes it to the downside, but it's, like, for a trader, it's a. It's a wet dream. Again, thanks a lot, and peace out. Let's fucking go. Okay, Mar, how you feeling? How's your arm? I'm feeling great. I'm actually. I've been going to the gym the last six months, so I. I could have that hand up there for 4 hours. But I hope you guys are doing great. Thank you for having me up. You know, when it comes to trading, it's.
Personal Trading Insights
It's got to be, you know, you got to study it, of course, and then you do it your way. You know, just the. The way that it works out on the interior and exterior, you know, of your body. For me, I've never used a, I look up, I think the only thing I ever look is volume inside that coin or I don't trade stocks. I don't read any graphs or anything like support. If I read that, I'll probably lose money. I'm just, it's not for me. It just wasn't for me. And I, I go more with more, a little bit more psychology. The news. Look, if you look at us, Sui, look at Sui and look at Tao. These, it's like the same coin almost follow the same percentage almost every day.
Strategic Approaches to Trading
Suing. And I think that Tao started a little bit more late. I've been on a swing trade for like 30 days on Tao. I haven't even sold anything yet. It all depends, you know, on your trade every time, like the last nine months, every time Dutch goes under nine cent on the, put some money in it. Usually my trading are more done with my long term holds with blue chips. That's what I feel safe with. I'm waiting for XRP to even get close to those ETF's and I'll probably do a six figure trade, you know, with. But I'll get out fast. I will get out fast on that one.
Learning from Experiences in Trading
It all depends. But I don't, I use more than news. The hype, my network, I've always say your network is your net worth. And a quick story. Look, two days ago we had, I call this a trade. We had a, I don't do these that much. We had a meme coin release. I was, you know, I got a little bit inside the community. They treated me like friends and family. If you guys don't know this, friends and families get the contract like 30 seconds before it's launched, by the way. So, you know, we're gonna buy that 1015K market cap if you guys don't know that.
Utilizing Community for Better Trading
So you could learn this. And I got in two friends of mine, a guy that I've been showing for like the last six months, you know, hey, do this, that. I mean, it's a coin that's named by already a mink or you already know. This shit ain't gonna go nowhere. It might get to a million dollar market cap, maybe 200,000. But if you get in a ten k like I did, I mean a million, I mean, do the math. 100,000, that's a ten x. You're going with 100. $200. I went in with $200 and I just started taking profit. At the end of the day, I made like, three k. But I would have made like 10,000 if I would have.
The Importance of Taking Profits
Hold it. But who knows? You can. You don't know this shit. I'm happy with my three k. I made three k in less than 3 hours off $200. And the clown of the week, which I gave it to, the award, to this individual that I taught him, he round tripped it. He round tripped it. He never took profit. And it's sad because I made $3,000, but I'm here pissed off because one of the guys I'm teaching did not even take profit on a coin that's named already after a meme coin that exists already. Like, and we've been through all this before, and you guys got to learn.
Mistakes in Trading Approaches
If you get in early in a project 1020K, start taking profit, especially if you're operating like a $1,000, don't you? Because they're thinking that this thing is going to be the next Shiba, the next dodge. And the first thing he tells me, oh, if it would have made it to 10 million, I would have a hundred thousand dollars. I'm like, no, you don't take that chance. And, you know, and I don't even use any other, I mean, I saw there was some volume, so I wrote it a little bit more up, but that's it. I used, that's a college. You with the community, what they're doing, how much they're pushing it, and it's easy.
Profit Taking and Risk Management
It's easy. I mean, how a $200 turn into three grand in, like, a span of hours. People are greedy, and those are the people that I use them for extra liquidity. They just. They're greedy. Not even taking one $0.01, you know, and, like, a guy that I thought, I guess I didn't teach him good enough, but, yeah, when it comes to trading, you know, it's ridiculous. People, they think, like, in one week, they're already, like. Like a professional trader, and, you know, they're gonna get wrecked. And when it comes to paper money, for me, you know, paper trading, for me, that's just good for learning, you know?
Real Trading Experience and Emotional Responses
Although, like, then everything. How it works, the, you know, the chart, how to buy in, buy out. But when it's real money, that's when you add emotions and emotions, like 99% of the. Of the whole play, you know? But, yeah, there's some trades that could last. Like this one tao for me, I've been in it for 30 days. I feel comfortable being in it and writing a little bit more. Haven't even taken profit yet. That's kind of dangerous. But. But I could go to sleep on a tray like this. But on this play that I did two days ago, the main coin, there's no fucking way I'm going to go to sleep and leaving my whole bag there, or even 50% of the bag.
Strategic Decision-Making in Trading
I'll leave 10% just in case this thing does blow up. And it's what I told them. If you leave 1020 percent, you got in at 1015k. Market cap people are getting in at 100, 200k. You have more coins than those people just by leaving ten k. But sometimes you got to do the math. I told, I told my. I don't want to say my students, but the people that I tried to teach. But that's the hardest thing in this space, is to take profit. And one last thing, you know, going to have a bull run. Remember, I've always said this. I felt like many blue chips that are in the top 20 were overbought back in the last bull market.
Market Outlook and Future Strategies
And people are waiting near or that top to sell. So whenever this bull market starts, study the top ten, IVax, dodge all these coins and look on coin, market cap, coin, gecko. Look at the top. Look at the top. And that's when I think before that top, you could start taking a little bit of. Or, you know, start taking profit. And if it breaks that top there a. We're. We're good for a good write up, but just start taking profit for me. That's my game plan. Right before all these blue chips start hitting the all time highs, that's when I'm going to start taking profits. I don't care if at the end of the day, I would have had 30 million and I came out with 3 million.
Investment Decisions
Or then just sitting at home and not investing, you know? Greg, are you alive? I just. Yeah, sorry. Sorry about that. I just landed the plane. Yeah, dude. What do you mean am I alive? I put the audience clap. I'm bringing the energy, bro, after. Well, it's hard to. You gotta. Somehow you got to bring more energy than Mar. That's like almost impossible. Impossible, bro. Masterclass, week after week. Yeah. You know, Greg, it's like, I made $3,000 and I was pissed off because I hate it when these people don't. Like, I've been teaching you, man. We've been through this like a thousand fucking times. You just. We invested on a mean coin that the name. It's already out there, like, 30,000 times.
Coaching Clients
Set up a landing page, and. And then you can get, like, coaching clients. People just come in, and then you just set up Zoom calls and you just fucking lecture them for, like, an hour and just be like, you guys are fucking idiots. And then people. Yeah, and I'm Cuban, so, you know, we Cubans, we're hyper. We're emotional. We have it. We. They won that. We're born. We have anxiety already, you know? Let's go. Negato. What, I. What do you want to do, bro? We got a few more hands here. And then. Did you. Did you want to add anything to that? Not really. I was just. Enjoy the. Enjoying the masterclass of Mer, like always. The master class.
Market Lessons
Yeah. Merry master class. No, I know. I'm saying the master class. Never mind. Just forget this. Oh, yeah, the master class. Okay. Yeah. Okay. Okay. Okay. No, I get it. Let's go, wisdom man. Bullshark. Did you want to. Did you want to chime in on your own shit or did you just. Were you just going to follow up on kind of blank naps question? Oh, bull shark. He's not even listening. Probably. That guy's fucking stupid. Greg, real quick. Real quick. What do you think of that FBI bust, man? I mean, do you think that celebrities are going to back up a little bit now since, you know, the FBI got into all Saitama, whatever, back in the days?
Investing Experience
And I think they even got into a, one of those marker makers from an exchange. I haven't seen that. That came out in the last couple days, right? Yeah, I haven't really read up on it. I'm the wrong guy, Bo. I'm the wrong guy. We might need to get a second master class at the end here. But let's toss it over to wisdom man. What's up? Yes, hello. Hello. What can we do for you? Yes, in 2021, I ventured into the crypto market, and it became a hard change among investors. Initially, I was drawn to the excitement. I thought about quick profit, you know, bitcoin and ethereum and other coins keep reaching new highs. Create a strong scene of FOMO. It means fear of missing out. I invest signal amount of capital, hoping to quickly grow my assets.
Market Realizations
However, after just a few months, I realized that this market was not a symbol as I had a major price correction to work the end of the year because I self delight in my holding. From this, I learned an important lesson about risk management and the technology of investing. The crypto market is a form of potential but also were challenged. And only those who are patent and cronies can survive and succeed in the long run. Thank you. Yeah, brother. Well said. Well said. Like, most people, they come into the market during, I think, like, every single one of you basically came into the crypto market during euphoric season for me was 2017. From some of you, maybe was like 2021, you know, during a bull run.
Bull Market Experience
So the first few months that you are in crypto, maybe you enter not at the top of the bull run. You enter when the market is still going higher. So you invest some money, then the market keeps going higher. You're making money. You say, oh, this crypto thing is so fucking easy. You know, I just invested $500 now. It's like two k. I mean, I'm a genius. Like, I'm the best investor on the planet, but it's not how it works. And if you actually believe that in a few months, the market will humble you, and that's, like, actually the process that everybody of us kind of went through, you know, because we entered in the market, we made some money, we got fucked basically, and then only a few, like, every single one of you.
Learning and Adapting
But in the grand scheme of things, only just a few of people that remain in the market, they go through a bear market, and they actually learn how to invest in crypto properly, you know, and that's why so many people, they just simply ended up being. End up being the accessibility for us in the. In the. During a cycle because they just want to enter when euphoria is there, and then they lose money and they leave. And then they. After four years, the cycle repeats, and they do the same. They just enter, make some money, lose it all, and then leave. They don't actually want to learn. They just want to treat crypto as a lottery ticket, you know, they just want to put money multiplied it easily without suffering, without going through the process.
Concluding Thoughts
And that's not how it works, brother. Yeah. Totally agree with you. Yes. Thank you. Thank you. Thanks, brother Nick, how are you? All good, brother Nick B. What's up? Nick B. What's going on? Greg? Sup? Negato. Greg. What the hell you. What the hell you've been up to, dude? You're building something useful. Can you give us a hint of. Mmm. I can give you a hint. It's nothing to do with x. So I disappear? No, I'm gonna get everyone involved in the coming weeks, but, yeah, I'll tell you about it offline, bro. Right on, dude. Hope all is well, man. I got nothing in the crypto world. Just checking out on my buddies.
Final Remarks
Thanks, bro. Nick's the king of Wi Fi money. He just pops on Twitter, and then a year later, he's, like, living off Twitter. Legend. Okay, Nagato. Dude, we've been going for, like, a little over an hour here. You want to take this home? What do you want to do here? Yeah, we can do that. If you don't, if nobody else wants to come on stage, I think we can. And it here. Okay. Yeah, we'll see. Give it the 10 seconds of people because they got the delay. Do you want to raise your hand? Last chance, but, yeah, another. Another good Saturday, bro. And patience is king. Patience is king.
Navigating Market Uncertainty
We've been patient. We can't just wait a few more weeks. You know, I'm saying. Yeah, look, if it needs to go to the end, I'm telling you guys, at the end of the year is Max pain, in my opinion, but we're hoping for way before that. What do you mean, Max pain? Just like the pain right now is. Is the uncertainty and the waiting. Right? Like, when is it going to happen? So I'm just saying, like, in a worst-case scenario, it could take till, like, January 1, in my opinion. Oh, that could definitely happen sooner, easily. Okay, bet. Let's fucking go. Let's fucking go.
Audience Engagement
Last word and. Oh, wait, we got our hand at the last fucking second. Oh, Diogene X. Oh, we got two. You fucker. Oh, we got two. Oh, no, the floodgates. The floodgates have opened. No, Samuel. Yes to speak. Go to profile picture. He has to speak. All right, Sammy, we'll go to you first, but. Okay. You got an un mic on the bottom left. Unmute. I mean, unmute. Go, Jose. Come on. Fucking anime dudes. All you animate is the same. Now. Okay. You are unmuted now.
Discussion Continuation
You have to talk step by step. No deal. You want to pick them up? Which Dio? Diogenex. Perfect. You're OG. You can go. perfect. Thank you guys. This very short. Thank you guys for hosting this place again. I really wish I had found this, let's say four years ago when I joined in the middle of euphoria and I didn't think I was a genius, but I thought, this lady luck might be tempesting. So I just wanted to comment about diversifying your skill set, how to launch new businesses.
Balancing Multiple Ventures
Be very careful with your. I mean, health and energy are very important. So if you're going to branch out into doing multiple things at the same time, at least make sure there's synergy on them. Because, you know, if you chase many things at the same time. I've fell upon this pitfall in the past. Better to focus one thing at a time. If your energy is not the best as you would usually have it. Just my two cents. Thanks, guys. Based? Yeah, based. Such a g. Last hands for Samu. XYz anime bros.
Encouragement to Participate
Gojo. Come on. Exit your domain and talk with us. Please. You're unmuted, but we can't hear you. You have to talk now. Step one. Done. Step two. Talking. Rip, brother, rip. Nothing. He doesn't want to exit his domain. It's fine. Infinite void, you know. Are those anime jokes? Yeah. Okay. On that note, yeah. I'm done. I'm done. Are you done, Nagato? Yeah. I gotta go watch Hunter. Hunter. Now.
