You are running out of time to get ahead in cryptocurrency.

You know what's coming:

🔺️ Regulation
🔺️ More shutdowns
🔺️ Banks deciding who gets to do business

It's time you got your own crypto wallet.

Don't know how? I'll show you.

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Election day in US; to skip the politics and get straight to the money, here's our quarterly update. How do gold, silver, and government fiat money compare with bitcoin's 21 million? #Bitcoin is the 10th largest money in the world, ex-gold & silver. This is update #10.

2/ Bitcoin's monetary system marches on its continuously-lowering coin emission; meanwhile, other world monetary systems' units inflate, either naturally (like gold & silver ounces), or via monopolistic privilege (like government fiat money "printing").

3/ What follows isn't a lesson in stimulus or bailouts, whatever the world faces. It's an attempt at painting the monetary landscape around the globe. The dollars, euros, and yen we're all familiar with, collectively, are worth $25 trillion. This is an exercise in perspective.

4/ As many know, the response from governments worldwide to Covid-19 has been drastic, so expect big moves. Also interestingly, central banks have been much slower to update their data these days.

5/ Gold & silver is base money of the past. Government fiat is base money today. It comprises both physical cash… and a digital cash component. Bitcoin may be base money of the future. Before we get to the charts, it's important to clarify a few common misconceptions in money.

The most effective meme I’ve found for Ethereum is “Digital Economy”

From there it’s easy to layout how Ethereum is the foundation for a variety of digital institutions (protocols) built upon the same principles of decentralization as Bitcoin.

1/

With “Bitcoin : Digital Gold :: Ethereum : Digital Economy” as the framing its then much easier to describe what a bet on ETH is.

I first explain DeFi (the new Wall Street), NFTs, Web3, and all the other mind blowing projects built on Ethereum...

...then illuminate how ETH is at the center of all it.

If BTC is like gold - an asset that people store value in but don’t use as money.

Then ETH is like money - the most liquid asset in Ethereum’s on-chain economy that is demanded for a wide range of economic uses.

If I get pressed on the semantics of “money” I explain how ETH is used as a medium of exchange, store of value, and unit of account...

...but also eventually as the ultimate source of security for the Ethereum blockchain, stretching the idea of what money is.

A lot these ideas are what we attempted to express and put numbers behind in our latest ETH 2.0

1/29 #Bitcoin thread, updated version

We’ve doubled since the last time I updated this thread, so I thought it would be of some value to update it. Feeling insecure about price action? Too enthusiastic/scared? Maybe this helps a bit, go check it out!

TLDR at 27-29
Let’s go!🔥

2/ 2 Year MA Multiplier
This indicator uses the 2Y MA. Green line is the 2Y MA, red is the same MA x5

2ya MA multiplier is rising and at ~48k rn. Price goes parabolic. I would personally love to get a decent correction, would give more space for growth long term imho.

3/ Relative Unrealized P/L
Paper p/l in $Btc. Use it to track investor sentiment.
Market is overheating, everybody is in paper profits, but as you can see “we” as a whole take too less profit. We can stay around greed for a whole year, but a correction at this point makes sense

4/ 200 Week MA Heatmap
#Bitcoin likes to bottom out near the 200W MA
Colors are attached to % increase of MA
Blue/purple = Buying opportunity
Orange/red = TP opportunity
The bigger the distraction, the more parabolic price goes, simply said
First green coming(?) Room for growth

5/ MVRV Z-score.
To identify periods when $Btc is extremely under/overvalued.

Green= MV unusually far below RV, buying opp
Red=MV unusually high above RV, TP opp.

Now: heating up. Correction first to cool it off plz :)
Nice uptick in realized value.

Story time. There will be a couple crypto wallet addresses at the end of this one.

You follow this account, you know that I straddle the terminator - one foot in light, one in shadow. Good-ish bad guys, bad-ish good guys, I've never belonged anywhere else.

Right before the election, I was shown some things. How it started, it was worth following. Caution was indicated. *extreme* caution.

Given the starting context, the amount of time, the volume of information, the veracity of the parts I can check without triggering suspicion ... it's real and I think there'd be some advantage to getting it all.

This is going to require some bare metal in a facility outside the U.S.

This is something that will stay up, maybe clear till the midterm election.

And it needs a significant amount of disk space, for unpacking and sorting and such.

TRIANGLE MASTERCLASS - a thread.

what's the simplest, most effective method of trading a market that trends as hard as cryptocurrencies?

trendlines.

one trendline on its own is strong, but when you put two together you quickly realize just how powerful this simple tool can be.

i've been using triangles for as long as i can remember.

it seems dumb, and almost counter-intuitive to approach such a complex game like trading with such a simple approach like shapes...but maybe when markets start acting stupid its okay to dumb down our approach.

look, not all triangles are the same.

anybody can draw some lines on a chart any way they'd like. sometimes, we let our bias affect our charts rather than the other way around.

i personally have done this more times than i can count.

you see...triangles (and analysis as a whole) is not necessarily intended to make trading easier as much as it is to make trading simple.

you want a fluid bias that can change easily, rather than one relying on 10 steps of conflicting confirmation before entering a new trade

trendlines enable us to maintain a fluid bias.

i mean, how much simpler can it be than "above this line bullish, below this line bearish" ? 😂

one trendline on its own can be enough to make a good trade, but when you put two together it can turn a good trade into a great one.