Quinn Angelia Pullens

❗️Do Not Take Financial Advice from Strangers

#BeginnerTrader , please 🙏. It is really painful to read how you are losing your money by listening to other people. In most cases those people are not even a scammers, often they are misguided as well.

Do not even take financial advice from me. After reading any of my articles, go and research topic further and make your own conclusions.

You will thank me later. I hope 😊

#quinn_tips

$BTC $DOGE $PNUT

In late July last year it also seemed that it is about Japan. But it never is. It is always about US. Japan is just first to open market because of timezone 😂. You say but it is carry trade. But who do you think are those investors carrying it, and which government allows to leverage it so much? It is always US which exploit high risk opportunities to the max and hope to fix things later by creating new money.

We may be entering few month long accumulation period. I’m not so confident in quick rebound and new ATHs right now. But it is not impossible.

Economic metrics are not great. And 25bp rate cut won’t make much of a difference, neither appointing a new FED chair.

However there likely will be pump before holidays so banks can take profit in the end of year and traditionally one more in January. But how genuine and strong they will be - it is not clear..

$BTC $ETH $SOL .

Also $PROS, $TROY, $ALPACA to mention few I lost money on

$SAHARA

AI projects founders are panic exiting befor EOY. Of course they will tell it is either market maker or exchange or short sellers, who dumped price, or any other reason they usually give un cases like this.

there is a risk soon we may see series of crashes and delisting of different AI projects tokens. Similar to series of liquidations of DeFi tokens we’ve seen earlier this year.

They take profit, you are exit liquidity.

I’m still not sure if I will be buying this dip. More likely I’ll be selling December pump. Situation is very confused. Worst thing if I miss the dip I’ll buy 200-day MA when it is retedted from the top in Q1.

$ETH $BTC $SOL

They just wanted to have long weekend, and this short trading session on Friday was too inconvenient 🤣.

Not an advise. I stake some $LISTA and I placed some more limit buy orders. DeFi is overcrowded territory and not many project will survive the passage of time. My ListaDAO is in web3 wallet so it is not shown on my profile. It is not as big as $ETH , but still substantial.

Long weekend started in the US. Liquidity will be lower than usual, order books thiner for a couple of days. In my opinion it is great opportunity to take profit, but I will be hesitant to buy until at least Tuesday since any pumps and dumps are likely to be temporary.

$BTC $ETH $BNB

I’m not confident in new ATHs this year anymore, there probably will be a pump though.

Likelihood of new ATHs (at least in top cryptos) in next 12-18 months is still high IMHO.

Somehow economic and geopolitical data/info is very confusing.

I’m DCAing a little bit but not “buying the dip” in a common sense. Let’s see what economic datA show this week.

In other words, bulish mid-term but uncertain short term. Small caps future is uncertain.

But may be this is a capitulation which indicates exactly the dip?

$BTC $ETH $SOL

I have few more trading rules which so far work for me (spot “swing” and long term positions trading) - they are subjective and I don’t expect them to work for everyone.

1) I don’t trade on Monday
2) I rarely trade on Friday, and if I do, only sell
3) buy Tue -Thu
4) sell on weekend (if in profit, or keep holding)
5) I don’t consistently/frequently trade perpetual futures (swaps). But sometimes I play for fun with small amounts on weekends. But in general I recommend to stay away from swaps.
4) long future positions - only delivery coin-M futures (easier to recover is entry is slopy)
5) short position - rarely but on usds-M (again, easier to recover if entry is slopy), but in general I avoid shorts recently.
6) Future positions - entry usually on weekday
7) absolutely don’t trade news and metrics and Powell. On red day usually do nothing or sell if in profit.
8) in general I don’t place orders often, I dont place /adjust positions for weeks, mostly just observe
9) my portfolio is still too heavy on small-cap coins - at least to my taste, I’m gradually rebalancing to bluechips, selling smallcaps when positioins are in profit

It is not bullet proof. I rarely use SL on spot, so I suffered some losses on coins which where delisted, but overall if avoid risky smallcaps - risk is reasonable

For that matter 10) I rarely sell spot positions in loss

$BTC $ETH $SOL

#quinn_tip #BeginnerTrader

Second rule of the investor: never trust management team 🤣 $NIL $OM $mantra

Oh man! Trump family says it is great time to buy. I may need to ammend my advice and tell not to buy next week, or do so in very moderate amounts 🤣. It may be good idea to wait for month close.

$BTC $BTC $SOL

$NIL

I will tell you something, no “influencer” is going to tell you either because they don’t know or are not incentivized properly.

It is been very often the case on traditonal stock markets, before they were better regulated, - CEOs taking kick backs from MMs from schemes exactly like this.

Like many many people become real millionaires from schemes like this.

Since crypto markets are not regulated in any substantial manner, there is almost no chance legal actions bring any reasonable resolutuon.

They cannot disclose MM name, questionable, but ok. But they can disclose terms of their contract with MM for us to see.

There is a chance $NIL team is an innocent victim to the MM action. But in this case how can we trust such an unexperienced team?

Luckily I was not invested into NIL.

And I will keep warning you to be very careful with low cap new coins. More often than you think it is a scam in the disguise. And very often teams are too naive and inexperienced to the extent they allow MMs extract liquidity from you.

Proper action from #Binance would be to ban both the coin and MM from the exchange and look for options to provide some compensation to holders. This is because exchange is supposed to be trusted intermediary and do proper due diligence of both coins and MMs they bring in board.

On lower timeframes traders don’t have a chance against algorithms - it’s been clear 10 years ago. But somehow media is trying hard to make retail traders believe they can become rich following squeegly lines and candles on 15 min timeframe 😁

Guess why.

Just remeber, they want you to believe it to collect fees and take the opposit side of your losing trades.

They don’t have your interest in mind.

$BTC $ETH $SOL #quinn_tips #BeginnerTrader

At this stage of the market if you have cash, you are in really good position. You absolutely don’t need to engage in risky leveraged trading, consume signals from strangers and questionable sources and so on.

Just pick any reasonable portfolio of top tier assets. Top-5, top-10, selection from top-100. And just buy (spot) in equal weighted proportion anytime next week. You only need a patience to hold for 12 month. Even if market reaches for one or two more dips, just don’t sell and dont accept loss. You will thank me next autumn. Just remeber those should be top tier assets. Future of sh!1-coins is questionables, some of them will generate greater returns, but other will eat them. Want to play with them, just allocate small part of funds for small-caps.

If you have larger capital split it into 3-4 parts and just buy once a week, preferably on weekdays - this may or may not result in better cost basis. Anyway if move is in 10s and 100s % difference in few percents in cost basis won’t matter.

I invest into few “portfolios” - sets of cryptos I track separately. Wanna know what I’m investing into in this cycle?

$ETH $SOL $XRP

Next week market is likely to create new lows or at least revisit these ones. There are couple of reasons for this.

* rebound is not usually happening on weekend, so any growth we see on weekend will likely be a trap
* market is not at any specific or importan level now, it will keep looking for support lower next week.
* there is no sign of new fundamental input happening during weekend
* retail refuses to capitulate. Nine-to-fivers finishing their work week and rush to buy USDT (price skyrockets) and then buy some coins and contracts. They will be robbed again.
* trading volumes are relatively low comparing to previos instances of reversal

Take care, don’t rush to buy the dip with all your money. If you have patience, just wait a bit longer. If not plan purchases in couple of batches to at least DCA

$BTC $ETH $BNB

Just a reminder. Now when market is down, we all know it will go up soon, and create new ATH. We don’t know timing. If we place bets we are most likely to loose.

Instead doing as simple thing as investing let’s 100$ in top-10 or top-5 cryptos is very likely to generate 5-10x return over the course of next ~1000 days (~3.5 years).

In two posts I quoted there is a breakdown based on historical data fetched directly from binance. So historically this strategy on average generated 5-6% monthly returns. Important, it is average, you need to hold despite “unrealized” losses first couple of months.

If you know better strategy which can generate average 5-6% monthly consistently, let me know 😁

Otherwise just buy now (or alternatively DCA for some time) top-5 or top-10 in equal amount and after that just do nothing and watch how wealth is being created.

$BTC $ETH $SOL #quinn_tips #BeginnerTrader

It is still not enough of fear, and I dont think it is time to buy. $BTC $ETH