Its good you're finding value! From what I can see, I think that it works better on a daily chart, rather than 15 minute. I also see lots of people say that they can easily replicate his indicator with simple moving averages. I do remember that I was very bullish on his stuff before, but honestly, I can't help but wonder why he needs to keep pumping his course if his process is so good. He should be plenty rich by my, and perhaps is after moving to somewhere in Asia and buying lots of land from the looks of it. I also think that often, the gold flip happens very late. So he often combines it with other stuff, like high volume nodes. So I don't think his course is too special, but its good that he has a systematic approach to everything that he does which can also be back tested. He is absolutely right that hodling sucks. We should always strive to protect profits and skip the 80% or higher drawdowns. It was painful for me to go from roughly 60k down to 16k, and for my SOL entries of an average price of $188, down to 10. I sold over half in that pump to almost 300, but I still have maybe 40% that I'd love to sell at hopefully 250 and higher. I also think that his pro course, where you can track all the alt coins easily, was the golden feature. You can simply just check which coins are doing well, and focus on those. But it seems like alt season really might not happen this year. Someone made a great post about how alt season this year is actually bitcoin accumulation companies! LOL... Its funny yet so true. Oh, and I should also mention that I saw Tai Zen saying that they were selling 2% of their allocations on every pump higher. Did you catch that? Its certainly a good strategy to be taking profits. Although I understand that we are just getting started in the bull run, we also have to remember that these gains so far are very shy of previous cycles. If the top is sometime in 2025, there isn't a huge amount of time left. So maybe we just make it to $150k, but maybe we also don't dump too far either.
It's embarrassing but I've had the 2 courses for a month and still have not had the time to know anything about the process, literally 0 , I also have audible books that are lined up, The Big Print (Lepard), Broken Money (Lyn Alden), lol, we have 3 live-in helpers/yayas, but I drop everything when the kids want my attention, I miss many opening or closing trades, but that is ok,, things work out in the end, trades are based on luck since I am an amateur trader and have no skills I can say that confidently Anyway, CTO Larsson beginning videos I've seen talk about longer term trends, I think there is a video he even says it's not for day trading, but for swing trading is ok I got the hodl sucks socks free with the subscription yesterday... On Discord, traders who are using Larsson Line indicators for intraday trades are reminded it's not for short term, but longer term trends I do have to say from what I can see of the process, it's a volume-based methodology, as if it's calculating the amount of $ buying or selling at a certain range-level then flips to another color (gray, intermediate), then gathers more volume/time to totally flip to the other side color (blue or yellow) Here's the thing, it does work, when I became a member, Fartcoin was flipped yellow on USD and bitcoin, and it was already 3x from the bottom around 50 cents I picked spx6900 as my memecoin it was 35 cents when I joined CTO Larsson it was blue on usd and bitcoin flipped gray a week or so later on usd was still blue on bitcoin today, Fartcoin is $1.46 and spx6900 is 86 cents, both are yellow on usd/bitcoin since flipping yellow, never seen them flipped blue So if anyone caught fartcoin near the low, say Larsson emailed alert flipped yellow at 25 cents (low was 20 cents) it hit $1.64 in the last 24 hours and still yellow, so is spx6900, it's clear that the Larsson indicator is working for longer term, buy and sell as there is still no sell signal for both memecoins Short term, these are the 2 trades I made yesterday, i buy the dips, and sell to lock in profits when trendline is broken or when I feel it's topping Larsson line indicator would have prevented me from making the 2 trades yesterday as both buys were below flipped gray and blue, meaning downtrend, but I say fuck it, buy the dip This is getting long, I'll respond to your altcoin pump seazon comment and how this cycle is different,
This bull market cycle is very different than 2021 and 2017 because the alt season has not happened in the same way as before, where cryptos would go up thousands of percent within weeks, Yes to some extent it has happened in specific categories, memecoins and AI, and perhaps even sol, but sol didn't really go much higher than 2021 top and it has pulled back significantly It's because there's no retail participation in this bull market cycle, aside from the meme coins and AI, which most of the gains they have given back, I know I did And this is why this bull market is very orderly lately, there is a TON OF BUYERS ready to buy any pullback This is institutional buyer type of mentality. There is a service out there that I've heard on several podcasts that used to be only for institutional type of investors, buy when it the price goes a certain percent, sell when it goes up a certain percent during a specific time period, it's free now for up to $10k, then a subscription for higher limits This apparently is very popular in bitcoin now, probably why we got these up and down moves very fast, great for day-traders This is not retail behavior. Retail all jump in during a pump which gets everyone excited and the price keeps going up much higher and faster, But when the money runs out, the top starts stalling and the price starts going down, retail behavior is everyone sell, no matter what, just sell, crash, non-stop, no price is too low Google trend shows we are at the lowest searches for bitcoin, bear market levels of 2018 and 2022 But to your point bitcoin accumulation companies are the new altcoins, but it's much more than that You've probably heard a bunch of times on podcasts or read on Twitter posts, I am so fucking bullish, or I am not bullish enough, or No one is bullish enough and I feel the same way, I cannot express how bullish I am for bitcoin for this cycle Josh said 444k but could extend to 2026, I agree, Adam Back say $500k before end of this bull market, I agree as well Samson Mow says $1M on this bull market cycle, Yes, of course, why not??? You see, this bitcoin treasury strategy companies that are popping like weeds, are unlocking capital that was never available to bitcoin, in fact, bitcoiners never imagined they were even possible Who would have thought that corporations would issue convertible bonds to buy bitcoin, yes to issuing company shares to buy bitcoin, that's easy, but what about issuing preferred shares and issuing ATM on them, STRK and STRF, that were designed by AI, doing very well, trading at par, one is 10% dividend the other 8% And did we ever imagine companies from Australia, Japan, Hong Kong, Saudi Arabia buying bitcoin, too! CEP and ASST and KDLY are creating new pathways for capital to buy bitcoin anyway I can go on and on, but there is just so much capital that now has access to bitcoin that were unable to in the past how are the results so far? Very good, I will say, i don't know how the stock market is doing after the Europe tariff news, but bitcoin is only 2-3% off its all time high made this week currently $109k, some dip buyers are stepping in whenever it goes below $108k, And this is during a global bond crisis, tariff crisis, high inflation, bad consumer sentiment, bad business confidence, record levels of household debts, unemployment creeping up, tech sector layoffs, frozen hiring... I'm old enough to remember ET posters saying bitcoin only goes up during the good times, but doesn't seem to be the case today... food for thought from Saifedean...
Blah blah blah..not you @johnarb just the talking heads throwing out random numbers as usual. We all know it's going to extend to 250k...but when? They were saying the same stuff during the first rally to 100k when I was saying 70k before 250k...
Adam Back is cited in the Bitcoin whitepaper... Samson Mow is an OG bitcoin maxi, you may have heard of the bitcoin sidechain Liquid network, Aqua wallet, involved with orange pilling nation states including El Salvador But let's wait and see what happens towards the end of the year, I'm very happy bitcoin is above $100k and even hit all time high this week, no worries
Great video, it's too long, though, but so far, I've watched 30 minutes at 1.75x speed Their team started taking profits at the top in November He also touched on the altcoin vs bitcoin, I remember cryptjitsu trying to convince me that bitcoin is boomer coin and Eth and other altcoins will outperform during a bull market which may be true... It's true for sol, but not for eth But the problem with going to altcoin, even as the video does not apply here as sol has enough liquidity, is that the outperformance relative to bitcoin comes at a higher risk I tried to say that many different ways, going further out the risk curve, if choosing altcoin vs bitcoin, and yes of course the altcoins can outperform bitcoin, look at Fartcoin, sol, but at a much higher risk higher risk, higher rewards And no one will convince me to put the majority of my family's net worth from bitcoin to something else, not risk free treasuries, not fiat or cash, not real estate, not s&p 500 index, and certainly not altcoins I do not think about the rewards, I think about the risks bitcoin is now the risk free asset. $10,000 into US Treasuries 5 years ago during the global pandemic crisis is worth less today, but $10,000 into bitcoin is worth $110k today The world is finally seeing this
This is super interesting, so thanks for sharing. In the videos, he does absolutely talk alot about the high volume nodes, as do others. Its easy to see in hindsight how at these high volume nodes, price usually changes direction. So either there was lots of distribution, and then price dropped, or lots of accumulation, and then price went up. Since I don't have the indicator, I can't analyze in detail, but I really enjoyed a video he made a year or two ago where he showed the results if you followed it since about 2016 or 2017 on the daily chart, just for Bitcoin, and it allowed you to make considerably more by exiting and re-buying vs. just holding the entire time. Its the mistake I made in 2022 since I just got in. I wasn't ready to sell since I barely made anything, but if I did and rebought lower, I'd have more!!!! The SOL trade going from 188 down to 10 was very painful. I spoke to him a while back when he wanted feedback, and suggested that perhaps some people just want access to the signals without buying the whole course, or even just access to the discord. But he wasn't interested in any of that and just wanted to sell the course. He is of course entitled to run his business any way he wants, but just for me, its way too much money. It would be interesting tough to follow the Pro version with all the altcoins, and just track the top 10 lets say. Its too difficult to research them all, so I figure if you have a scanner, which is essentially what he is selling, and then buy when it flips gold, you might likely catch several 10x or more winners. Gotta read the rest of your posts!
I'm not going to waste time reading into this so I don't even know what this is about but why the f would he be selling a course if whatever he's selling actually works?
To be honest, I think the results aren't that good. We are barely above ATHs right now, and also not much higher than the 69k top in 2021. In fact, adjusted for inflation, we aren't really that much higher. The buying has been relentless as you point out, but the price hasn't moved much. There was also this post from The Rational Root that outlines all the institutions that sold. Now I'm not saying I'm bearish, but I expected price to be much, much higher with all of this so called insane buying. There is just too much selling going on as well. Of course, the sellers can only sell once, so that is good, and I therefore fully believe in the supply shock narrative at some point. But there could be many people who only believe in a move up to 130k or 150k, and then they could be huge sellers at that point. What's even worse is that because Coinbase is handling so much institutional trading, I don't trust much of the on-chain metrics that we have all now learned to follow to look for a top. We clearly see that this cycle isn't behaving like previous cycles, and the tools that were developed which worked in the past might also not be effective anymore. What excites me most though is the idea of the Bitbonds. The only way to roll over $9T in debt really is to it at much lower yields. If investors accept 1% payment of USD in exchange for 10% going into Bitcoin, this is huge for both bitcoin, but also for the proper functioning of the country. I don't know how much bitcoin would have to be bought, but I think this would be even a bigger deal than MSTR or Metaplanet. But I just don't see it in the price action to be honest, at least not yet.