The Wolf Den #67 - Trade Ideas, but PROCEED WITH CAUTION
thewolfden.substack.com
This newsletter is sponsored by 2 amazing companies: VOYAGER and PHEMEX.I use Voyager for my spot trading and investing (and to compound interest) and I use Phemex for trading with leverage. Sign up to both with the links above and get some free Bitcoin. I really encourage you to check them both out - you know that I never endorse a product that I do not use!Make sure to use code SCOTT25 after you download the Voyager App to get $25 in free Bitcoin.I accidentally skipped issue 67, so this is a freebie to get the numbers correct! Yesterday was a full issue - 68. So this is a small issue with just trades to fill in the gap, which I am calling 67.If anyone is new here, please go back and send yourself the old issues - this one is not indicative of the full version!Bitcoin is very shaky, but the fact that Dominance broke down and that some majors are starting to move is encouraging. In the past, when Dominance starts to drop, usually the money first flow into large caps... then to mid, then to small. This is in NO WAY GUARANTEED.These are a few trade ideas that I am watching - they should be viewed as educational. If you are looking to trade alts and are interested in any of these, apply your own system and see if they fit. I am attempting to offer “if,” “then” trades here - if a certain thing happens, then you may want to consider and entry. I AM NOT TELLING YOU WHAT TO BUY AND WHEN.These could all fail before even triggering. They could all fail even after triggering, depending on what Bitcoin does.YOU ARE RESPONSIBLE FOR YOUR OWN FINANCIAL DECISIONS. You are grownups. Nobody can tell the future from looking at a chart. All we can do is take higher probability setups with good stops and position sizing.Bitcoin started to drop as I was writing this, so continue to PROCEED WITH CAUTION. We only trade altcoins under ideal conditions - let's hope those conditions remain stable here, because things could get ugly now very quickly.
The Wolf Den #67 - Trade Ideas, but PROCEED WITH CAUTION
The Wolf Den #67 - Trade Ideas, but PROCEED…
The Wolf Den #67 - Trade Ideas, but PROCEED WITH CAUTION
This newsletter is sponsored by 2 amazing companies: VOYAGER and PHEMEX.I use Voyager for my spot trading and investing (and to compound interest) and I use Phemex for trading with leverage. Sign up to both with the links above and get some free Bitcoin. I really encourage you to check them both out - you know that I never endorse a product that I do not use!Make sure to use code SCOTT25 after you download the Voyager App to get $25 in free Bitcoin.I accidentally skipped issue 67, so this is a freebie to get the numbers correct! Yesterday was a full issue - 68. So this is a small issue with just trades to fill in the gap, which I am calling 67.If anyone is new here, please go back and send yourself the old issues - this one is not indicative of the full version!Bitcoin is very shaky, but the fact that Dominance broke down and that some majors are starting to move is encouraging. In the past, when Dominance starts to drop, usually the money first flow into large caps... then to mid, then to small. This is in NO WAY GUARANTEED.These are a few trade ideas that I am watching - they should be viewed as educational. If you are looking to trade alts and are interested in any of these, apply your own system and see if they fit. I am attempting to offer “if,” “then” trades here - if a certain thing happens, then you may want to consider and entry. I AM NOT TELLING YOU WHAT TO BUY AND WHEN.These could all fail before even triggering. They could all fail even after triggering, depending on what Bitcoin does.YOU ARE RESPONSIBLE FOR YOUR OWN FINANCIAL DECISIONS. You are grownups. Nobody can tell the future from looking at a chart. All we can do is take higher probability setups with good stops and position sizing.Bitcoin started to drop as I was writing this, so continue to PROCEED WITH CAUTION. We only trade altcoins under ideal conditions - let's hope those conditions remain stable here, because things could get ugly now very quickly.