YCC Crypto Alpha #17
Our latest community alpha & portfolio updates.
No time to scroll on X or Discord? I got you covered!
These posts are your gateway to the latest market alpha, top coins to watch and our community updates. It also keeps our busy Patrons happy and informed.
This issue covers:
Latest market outlook
How to double your profits - the smart way!
YCC portfolio updates
Market tip of the week
Market Outlook
TLDR: Bitcoin has made a new historic high and broke above 70k for the first time ever! If you followed my newsletters you knew this was only a matter of time. What we did not expect was it happening so fast! Expect more records to be broken next.
As I write this, Bitcoin is at 70k and gives no signs it wants to stop or take a break. We’ve officially entered the bull market proper. The BTC rocket has reached full power and is now lifting off the ground. Get ready to be blown away.
What follows is the crazy period where the impossible becomes possible. The fact that Bitcoin broke its all-time high before the halving event in April is one such example. This never happened before and is an extremely bullish signal. What will be next?
The above chart is on the monthly timeframe. February was an insanely huge candle and March appears ready to match it. If so, 100k is only a 45% pump from today. What’s clear is that Bitcoin broke all resistance levels. There is nothing left to stop it from moving higher.
We’ve entered price discovery and the sky is the limit. This is uncharted territory. No one knows how high this will go. What I can promise you is that Bitcoin will continue to surprise us.
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How to double your profits - the smart way!
Many YCC members are sitting on some fat profits right now. Some were bold and entered meme coins after my Alpha Post #15. A few weeks later they booked 700% profit on FLOKI or 300% on BYTE and they are ready to jump on the next opportunity!
Big mistake number one - rotating profits until you lose them
The temptation to rotate profits into the next 10x opportunity is high, especially because it is casino money. You think those profits are not really YOUR money.
Big mistake number two - gambling with casino money
As your thirst for profits increases with each subsequent win, your risk appetite also increases because those dopamine hits are so powerful. You want the next win, you don’t care anymore. You’re happy to risk more just to get it.
Big mistake number three - increasing your risk tolerance
From a purely risk perspective your chances to lose those profits are higher than to double them if you increase your risk appetite to chase wins (or dopamine hits).
Do you want to gamble or do you want to keep those fat profits? Profits are easy in a bull market as shown below by one of our Discord members. Keeping them is the hard part.
Either way, I am here to tell you what I am doing to keep those profits and double them until this bull market ends. Because trust me, this bull market will end and you don’t want to be caught with your pants down when it happens.
Big mistake number four - thinking this bull market lasts forever
Now, lets discuss how I plan to double my profits and compound them further using a real example.