Stop Scalping Crypto ***I MADE $13,001 in 10 DAYS ON SHIBA*** — Transcript
Full transcript
- 0:00the number one comment slash question i
- 0:02get on every single video is does this
- 0:05work on crypto
- 0:13most of the strategies that i teach on
- 0:15this channel the answer is no because
- 0:18cryptos like to go
- 0:20which hits people's stop losses so in
- 0:22this video i'm gonna show you a
- 0:24cryptocurrency trading strategy that
- 0:27works so incredibly well it's gonna blow
- 0:30your mind
- 0:32[Music]
- 0:37welcome back to the channel everybody my
- 0:39name's artie and this is the moving
- 0:40average a show where we discuss
- 0:42everything day trading to keep you
- 0:43profitable on a consistent basis day
- 0:46trading cryptocurrencies and getting in
- 0:48and out of positions consistently and
- 0:50constantly
- 0:51is really really difficult because most
- 0:54brokers that offer cryptocurrency
- 0:56trading have ridiculously high spreads
- 0:59like bitcoin would have a spread of a
- 1:01hundred dollars and ethereum would have
- 1:02a spread of twenty dollars you can't
- 1:05scalp with a spread of a hundred dollars
- 1:07what you can do however and this works
- 1:10really really well in a huge bull market
- 1:14is buy and hold i've made hundreds of
- 1:18thousands of dollars buying and holding
- 1:22and when do i buy
- 1:23let's get into the charts so that i can
- 1:25show you now if you guys have not
- 1:27noticed already and you've been living
- 1:29under a rock and you haven't watched any
- 1:31of my videos this is the chart of sheba
- 1:35enew coin price went up like crazy shot
- 1:38back down and is continuing its journey
- 1:41upwards this is the world's greatest
- 1:43acronym you hear it all the time in the
- 1:45cryptocurrency space this is buy the dip
- 1:49every time it dips you buy and every
- 1:52time it will go back up how do you know
- 1:55when to buy the dip let me introduce you
- 1:57to my little friend named fibonacci on
- 2:00the right hand side of your trading view
- 2:02toolbar the third option down is the gan
- 2:05and fibonacci tools you're going to
- 2:07click that pop out arrow and you are
- 2:09going to select fibonacci retracement
- 2:11the standard settings for the fibonacci
- 2:13tool can be useful but i suggest that
- 2:16you use these take a screenshot adjust
- 2:18your settings and your colors to look
- 2:20like this then you can follow along
- 2:22every time in cryptocurrencies and i
- 2:24mean i've only seen this not work twice
- 2:27when you see a massive bull run like
- 2:29this you click your fibonacci tool and
- 2:32you put it at the bottom of that run and
- 2:34you drag it out to the top of that run
- 2:36my analogy for this is a sprinter
- 2:39running his ass off
- 2:41getting tired and taking a break and
- 2:44then continuing on his journey the price
- 2:46will either retrace all the way down to
- 2:48the 5
- 2:50or the 0.618 essentially the price went
- 2:53down 50
- 2:55and or
- 2:5661.8 percent i highly highly highly
- 3:00highly highly suggest that nobody
- 3:02actually day trade cryptocurrency
- 3:05i really suggest buying the actual
- 3:08cryptocurrency on an actual
- 3:10cryptocurrency exchange and actually
- 3:12having your own private key because if
- 3:14it's not your key it's not your crypto
- 3:17buy it on a spa exchange as much as you
- 3:19possibly can as an investment towards
- 3:22your future wealth to like really be
- 3:24filthy disgusting rich when you're older
- 3:26at either the 0.5 or the .618 level and
- 3:30you do this
- 3:31every single time like if you don't have
- 3:34a huge chunk of money now
- 3:36you can invest as much as you can now
- 3:38and then the next time it dips buy it
- 3:40again and buy it again and buy it again
- 3:42now while day trading when i see a
- 3:44retracement on the 50 level i know that
- 3:46the price is going to come back up to
- 3:48the peak of where it was at then it will
- 3:50go to the negative 0.25 and the negative
- 3:530.618 eventually i don't know when but
- 3:56eventually it will you can see it sat
- 3:58here for a very very long time if you
- 4:01are day trading however looking for
- 4:03divergences in price action is gonna be
- 4:07super clutch to get your best entries
- 4:10if you guys recall i took this
- 4:12screenshot put it on my telegram group
- 4:16when this first little green candle was
- 4:18formed here is some proof that
- 4:20screenshot was taken on october 15th at
- 4:241 13 pm my time this is what i said the
- 4:27entry point was and this was the stop
- 4:29loss very very tight now if we look left
- 4:32this was the previous high point which
- 4:34was my price target and if you guys
- 4:36haven't noticed or haven't been watching
- 4:38shiba inucoin um it hit my price target
- 4:41and then some so we had another big huge
- 4:45spike a nice bull run you guys just
- 4:47learned about fibonacci let's put it on
- 4:50there bottom to top of the move and
- 4:52where did it retrace the point 0.618
- 4:56then the 0.5 what are my three
- 4:59subsequent price targets you guys have
- 5:01it in the settings that's actually kind
- 5:03of perfect that it played out right
- 5:05there while i'm recording this video on
- 5:07october 11th i bought 100 million shib
- 5:10on october 12th i bought 80 million ship
- 5:13and when i saw that delicious divergence
- 5:15after it retraced on the 0.5 level i
- 5:18bought 311 million ship in total i've
- 5:22invested approximately twelve thousand
- 5:24dollars into ship currently my
- 5:26investment is worth twenty six thousand
- 5:29eight hundred and sixty nine dollars
- 5:32that's more than a hundred percent gain
- 5:34so if you're looking for the best way to
- 5:36buy cryptocurrencies and the best point
- 5:38to buy it at you're going to want to
- 5:40look at fibonacci levels and divergences
- 5:44and the next fibonacci levels bull runs
- 5:47can't last forever and they always have
- 5:49their pullback and that's when you're
- 5:51going to want to buy don't believe me
- 5:52think it's only going to work on shib
- 5:54this is bitcoin on a daily chart this is
- 5:58the first big run retracement to the 0.5
- 6:02this is the next big run
- 6:04retracement to the point five by the dip
- 6:07at the five this is ethereum went up
- 6:10retraced at the five the only times that
- 6:13it does not work is when there's like
- 6:16catastrophic
- 6:18fear
- 6:19like that fud
- 6:20all over the crypto space so right here
- 6:23we had ethereum pretty much everything
- 6:26did this exact same pattern we had the
- 6:28roll up we had the retrace at the 0.5
- 6:31rejected off more fud retraced a bit and
- 6:35then cascaded down so if you bought here
- 6:39no worries you're still invested in a
- 6:41great cryptocurrency kept going down and
- 6:44kept going down
- 6:45this is literally like black friday sale
- 6:49everybody's freaking out while you're
- 6:51just picking up the spare parts here on
- 6:54the bottom this thing actually went all
- 6:56the way down to seventeen hundred
- 6:58dollars from a high of forty three
- 7:00hundred now with that huge cascade down
- 7:03that happened recently if you pull the
- 7:06charts out to the bigger picture and
- 7:09look at the overall scope of price
- 7:12action that happened
- 7:13let's remove this fibonacci retracement
- 7:16level and let's take this one and look
- 7:19at the entire run up that it had
- 7:22everybody was freaking out and everybody
- 7:24was selling and yet if we look at start
- 7:27to finish of the big bull run
- 7:30from bottom to top
- 7:32it retraced at the 618 and hit that
- 7:35point
- 7:36four times now it's back up to its
- 7:38original mark and if we look at the
- 7:40negative 0.618
- 7:42we're looking at sixty six hundred
- 7:44dollars i have a deep
- 7:47deep love for all things cryptocurrency
- 7:49because they've made me so much freaking
- 7:52money it's ridiculous i had a buddy that
- 7:54started investing when i first started
- 7:56making cryptocurrency videos when
- 7:58bitcoin was at four thousand dollars and
- 8:00ethereum was eighty nine dollars and he
- 8:03just kept buying more and more and more
- 8:05every paycheck buying more and more and
- 8:06more he invested a total of thirty five
- 8:09thousand dollars
- 8:11and his current portfolio is worth over
- 8:142 million dollars so i understand
- 8:17everybody wants to day trade
- 8:19cryptocurrencies and scalp the markets
- 8:21and try to make 20 bucks or 100 bucks or
- 8:23whatever
- 8:24but the amount of money that you can
- 8:26make by
- 8:27buying and holding it that's where the
- 8:29true wealth comes from you have to think
- 8:31about the amount of coins that you can
- 8:33get at that low price and if it goes up
- 8:36as it continues up and up and up you
- 8:40have exponential growth with the value
- 8:42of your coins for example i have half a
- 8:46billion shiba inu that i invested twelve
- 8:49thousand dollars in it's already gone up
- 8:52a hundred percent in like a week
- 8:54nobody's investments do that i don't see
- 8:57why it won't easily go another thousand
- 8:59percent and then way beyond that so my
- 9:02thirteen thousand dollars is going to
- 9:04make me another hundred thousand dollars
- 9:07if you're looking for the perfect crypto
- 9:09trading strategy it's called buy the dip
- 9:12at a fibonacci level now if you guys
- 9:14want to watch my dedicated fibonacci
- 9:16video it's right there and if you want
- 9:19to learn about divergences watch this
- 9:21video you should watch both and if
- 9:23you've got some value out of this video
- 9:24and you like the way that i teach
- 9:25consider subscribing to the channel by
- 9:27clicking this button right here thanks
- 9:29so much for watching and we'll see you
- 9:30in the next video
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