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Monday, October 3, 2022

The Next Parabolic Altcoin Move is Starting

The next parabolic move is starting before we get into exactly where I think we are in this market cycle. I do want to start by understanding. Why you’re here specifically my guess is that you may be here because. The technology is exciting. But like many most, I would say you’re here, to make life-changing gains and you’re here on youtube to, learn as much as you can to make better and better decisions right.

But what is it that motivates you to learn as much as you can in crypto about investing? What is it that drives you? Is it a nice beach house? Is it a Lamborghini one of my members in the telegram shadow he says wife changing gains now I think he’s single but he means he can better attract who he is looking for from, the wealth that he wants to accumulate in. This is a private island that you’re looking for, for is it just enough to own your house outright?

It is okay, whatever it is because that is specific to you, but it’s helpful for you to know exactly what you’re reaching for, because in crypto it’s just investing now crypto is the newest fastest tech sector of growth and though the technology is world-changing. It follows the same patterns that the slower investment cycles follow it’s just faster, and if you know exactly what you want it is easier to be patient to get it and to stick with it because I promise you the road ahead is going to be bumpy. I do want to be real with you if you aren’t good at investing you’ll make more bad decisions and less solid ones the more. You understand about the cycles in crypto it’s, going to help keep your emotions in check especially at the two most critical times. Large green candles and large red candles can we agree that, because crypto moves so fast often the best information does come through youtube.

Twitter and medium articles just are what it is, though, we know it’s not financial advice. We can at least get access to others, opinions, and information in a time-relevant way. So do understand that what I’m sharing with you is not financial advice, just my opinion these opinions have worked really well for me, and I can’t even tell you what to do. I can only share with you what I’m doing, how I think about it. What’S worked well for me over the past two cycles, i have already made life-changing well for myself and I started this channel earlier this year to share with many of you the principles that helped work so well for me.

So if you’ll stick with us for this cycle, the bear market that follows this in the following cycle so a five-year plan I think many of you can accomplish the same thing so. Let’S talk about exactly what I think is about to happen with the recent pullbacks. You probably got that feeling you get from a roller coaster as you go over the top and start heading down now imagine you’re on that, roller coaster and you’re blindfolded each that real uneasy feeling in your gut as you’re going down. You know that feeling and if you were like most of us. The further down that ride, the question comes to your mind: oh my gosh is.

It going to keep going down in crypto you hear the internal dialogue saying. Should I sell before it goes down even further? I know that because. I still hear that internal dialogue and what that internal dialogue – often says to me, but with 20 plus years of investing that internal dialogue isn’t near as loud, but it absolutely. Listen to what that internal dialogue says.

I just don’t do what it tells me to do. I almost always actually do the opposite. I find that internal dialogue does get the loudest itis, almost always the absolute worst place to sell and. Almost always the exact timing of the very best buy opportunities. So what usually comes right after the point where we couldn’t resist hitting that sell button the market, then picks upstarts its next trend up you possibly have, even experienced this once or twice this, is what keeps most of us from making lifechanging gains so in order to make those gains we want.

So bad we are taking money that we worked very hard for we’re, putting it at complete risk of, losing everything just to be real in crypto you could lose it all. We do it because we want to make that drastic changes in our finances. The good news is that you’re in the right place I’m frequently going to share with you my perspective on what’s happening, I’m going to keep do keep in the front of your mind that this isn’t financial advice these are my thoughts on how I think about it what. I’m doing I’m not even always correct, I’m just, often correct, and if you hold for periods it’s very forgiving and you end up winning a lot more than you lose now investing for such long periods. Well, I guess 20 years experience in.

My life has helped me see past the hype and. The fear to often see exactly what’s going on now it seems like we just past the point where, these voices to panic, sell or the internal dialogue telling you to panic. Sell was probably just the loudest and it may be that we’re now past that point. There are some indicators that, probably we are, but sometimes there’s, more dip down, so we’ll see how that goes how to do. I know that we’re there well, let’s look at the charts in a second.

Many things have a nice flat bottom, which means that any time there’s cell pressure buyers scoop it up at these prices. Some projects are also now starting to show signs of taking off. This is exactly what we’re looking for so, let’s hit the charts. First, I want to go over to bitcoin and this is bitcoin versus us a dollar on finance. So we’ve had this nice, rounded bottom and, that’s what we call a rounded bottom now.

Sometimes you do get one more dropdown. You know. One of the big fears on this is that this is ahead and shoulder being here and that if it plays out like that it, could dip all the way down to this19 000 range. Or do you see where this other resistance line is here could come down? There and that’s been the big fear of many that it will do that and it possibly still could wick down to that freak everyone out, get as many people as possible to hit that panic button bam, sell.

Then it’s off to the races. This happens time. And time again, I did want to show you some of the signs of what’s happening, that’s taking things off now. I want to look at Enjin here. This is Enjin coin ENJ.

Now, this is a big d5 gaming play. Not fight to game not play market caps close to 1.2billion and see how I had this long roller coaster ride now. Imagine if you were blindfolded right isn’t this, what the roller coaster ride down would feel like. So I give you this analogy because something we can relate to so that as you see the stuff in the charts it helps you not panic sell because this is a buy point for people.

Like me, this is where I’m going crazy buying and accumulating now that doesn’t mean it can’t come down again, that it can’t do this that okay. What often happens is sometimes it even does even to me and it goes lower and then it’s off to the races, but sometimes it never does. Even some lower I mean look what axe the Infiniti just did where. It went absolutely crazy. Now!

No, I and covered that earlier today and I realized after I had recorded the content that, oh my gosh, I hope ‍ৃ bunch of people doesn’t FOMO into this because I do not chase this kind of green candles. That is detrimental now there’s a slight chance. It could continue up from here but look at this market capital’s, almost a billion dollars for a gaming tokenlike. The I mean. Why do you need this token you don’t, so um yeah?

So I have some items in the game so. This is sell time for me when it’s going crazy. This sees I’m accumulating not specifically this token, but I’m accumulating when it goes down like this. This is just a really good, very fresh relevant chart that I can share with you and then when. It goes parabolic like this.

Then I’m selling that’s the time that I’m taking profits like I’m making profits. Here, I’m taking profits here, I’m taking profits, all the way up. I am definitely never buying when this is happening when you’re new. This is when it’s most tempting to buy it like. Oh my gosh look at the returns.

They just had that’s the kind of returns, I’m looking for when you chase these green candles, it almost never ends well for you another one. I want to look at comedy. Look at this nice, beautiful, rounded bottom then, the first leg of the w it looks like it’s been dipping down to the second leg of the show. Far down it comes, we don’t know, might even come down back to the point two five cents range my knot is at point three. Five cents now, and then often it goes off to the races, even d5showing.

Some signs of that look at this first leg of, the w. Maybe the second leg comes down further maybe, it doesn’t, and it only does this and then it starts heading up ave we’re seeing something similar the first leg of the w looks like it’s coming down, so I’m liking it. What I’m seeing now do. Realize bitcoin comes down on and comes down to 24 000it’s going to bring that second leg of the w down even further, probably because most time everything drops not always just most of the time. So if that happens just be prepared that it’s possible so what, I’ve done is I’ve.

I’ve been accumulating while, it’s down, it’s hard to very you know time. The bottom I’ll share with you with comedy is exactly how I played out when it point seven five cents. I bought a bunch when it hit under point five cents. I bought a bunch. I bought a bunch more down in this zone.

Here it comes down from here. I’m gonna make some more buys and then be patient for two or three or four months and see how it plays out if it comes down even deeper because I believe in vvuh the vv app that Comey has um and that the app itself has been tremendous. You know I even if. It comes down really cheap for whatever reason that’s just the time for me to buy more because being patient the chances that it will go. Uptremendously from there are very high, so that show I play it now, it’s impossible for us to know exactly the bottom of each time, so there are some things that we can look for indicators but knowing when a generally good time to buy is and where a generally good time to Sell is well that worked, amazing for me, and though often you buy and, sometimes it retraces more like what happened to me with a company and then I buy some more and then it retraces.

I buy some more to find out that yep, okay, that was the exact bottom and then the run upwards is now probably going to go like crazy so. I know part of you wants to know and you say but Merv. How do I know exactly where the bottom is? Well? Good luck with that, because everyone is guessing and most sophisticated investors know that, they won’t be able to time exactly the bottom so.

That’s why we buy in these ranges. Even the most experienced, don’t always get it right. Now smart investors just buy in those ranges. And they do leave some capitals on the side in case it does go lower. What I’m excited about, overall is that there are so many great deals available today now three months ago it was really hard to know what was still a good deal, because most prices had gone up.

It was a good friend who called me and he said: hey. What’S a really good deal out there? What should I put more money into and I am number one? I can’t tell him what to put money into so I prefaced it with well. This is what I’m most interested in, but you know everything seemed so expensive.

Compared to the prices they had been, it was hard to even figure out now. That things have retraced. It’s a lot easier to identify the good buys because everything is on sale almost everything is not on sale. So, if you haven’t already joined the conversation with us on telegram, I have some great people in there the group is really good. Do keep friendly and cordial in the group.

I do have a zero policy, zero-tolerance policy towards toxicity and what I mean by toxicity is no come on. No racism, no sexism no homophobia just honestly be kind to other people there they’re trying to learn too so don’t call names that doesn’t mean you can’t disagree with people but be friendly about it. Please or I will have to kick you, but you know I don’t have to kick very many people. Every once in a while and people, of course, scammers try to join in there and, they try to pump some Tolkien. Then I have to delete that post as well as delete them.

But yeah so does know that scammers can join it too so if anyone’s asking you to call WhatsApp number or send them some funds. 100. It’S a scam! If you’re new to the channel go back and check out some of my past content, you may find that they really help you understand investing and timing at a deeper level. You haven’t already subscribed and kept this dialogue going.

I do like to cover really good projects that I like, and that I think to have value for the future and I’ll share with you. What I like about them. Why I’m interested in them and I’ll be real with you about it and being real with you. I don’t get everything right, but because I hold for periods of time it tends to when I don’t up buy the very bottom because it’s hard to time tends to be forgiving and do very well, and it’s always easy, especially when you’re new and your assets haven’t built up. Tremendously.

Remember how hard it can be watching you buy something and then have it retraced from there you get past that as long as you’re making pretty good buys and you’re not chasing large green candles you’re, actually chasing big red candles on, solid long-term projects. If you chase large red candles on scam projects, I don’t know how it’ll work out for you so stuff that has a future or is most likely to have a future. Then it has a big retracement. That’s when I like to be buying it and that tends to be forgiving because then. You know just people get scared, they panic sell and they panic, sell right, into our hands and then we buy and as much as I’m informing people not to panic, sell there tens of millions of people out there that won’t reach and even if they did hear my content they, wouldn’t listen because they’re not ready to, think like investors, so if you’re here, my guess is, you are ready to think like that or you already do.

I know some of you are already millionaires and. Thank you for tuning in enjoying the channel and the discussion. I appreciate that too also every time. You like one of my content, it helps our growth is bigger. So thank you when you do that because it does help youtube push this content out to more people.

As that happens, it allows me to grow, better connections behind the scenes so. Since I started the channel, I’ve been able to get to know some of the projects out there even some of the projects I’m most interested in allows me to give you better. Information that I don’t have contacts with is a lot of the billionaire whales behind the scenes yet now hopefully. As my channel gets to a hundred thousand five hundred thousand a million I’ll get to know those people that give me better behind the scenes of the whale atmosphere that way I can give you better information. So I appreciate when you help me get it there get there by liking every one of my content because then it tells youtube this is doing really well pushed out to more people and.

It helps us grow the community as well as the more millionaires and other successful people we get in our community. That’S not a bad thingthere’s. Plenty of people that have different perspectives than me, they’ve been very successful that, have good tips to share so as we grow, this community makes us all better together, thanks so much, I do want to send you to our song. This is by Manuela. Who’S made the song for all your rainmakers.

Those who commit to the five-year journey with us so commit yourself to the five-year journey, be with us not just during this run, but in the bear market, which is the best time to be here. Hopefully, you’ve taken some profits, or take some profits during the next leg or two up that. I think we still have ahead of us and that way your cash-rich during the bear market. So that you can pick it up at some deep discount. Prices that will really set you up for a really good Bullrun next time.

Read More: ENJIN Breakthrough Coming Soon

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