Pollinate Trading – Crypto Momentum System
How many times have you seen a trade you were in take off 3, 5, 10x higher than you expected it to go, while you sat on your hands taking profits just as it was getting going?
How many times have you tried to hold out for the big moves only to be stopped out, again and again.
How many times have
If you haven’t been following me for a few years then you might be surprised to find out that I have been trading crypto for coming up on 10 years now.
And you may have an opinion on crypto that isn’t all that good.
But stick with me here…I’m not shilling a scam coin.
The world of crypto currency trading is a mad house!
A religion.
A cult.
(But for some of us, it isn’t)
At one end you have the die hard Bitcoin folks who think anything other than Bitcoin is a threat to humanity.
Then you have folks who have tried new technology, new improvements in incentives, or outright scams creating their own currency or tokens.
Random nerds scamming investors out of billions, and it happens during every crypto bull market…this time isn’t different.
Every bull market brings a new and creative scam.
And every bull market also brings new experimentation, new technology, new protocols, and new ideas at a rapid pace.
The break neck speed that crypto moves, and the access to capital (when in a bull market), brings all sorts of people.
But it isn’t all evil.
It’s our parents, it’s friends from school, it’s your neighbor.
When the bull market is on in crypto, everyone is talking about it.
And when it’s moving it seems like everyone is making money… and there’s no time for sleep.
I’ve been there. I spent the majority of 2017 fully immersed in crypto.
I went to the meetups in San Francisco, I had dinners, coffee and drinks with a lot of the big names in the crypto world.
I lived and breathed it.
Up all day and night reading every white paper, in private Facebook (before Telegram took off) groups, scouring miles of code to find an edge.
I started a Crypto hedge fund in October 2017 and returned all the capital (plus huge profits) to investors by January 2018, when it was obvious that it wasn’t sustainable at those levels.
The timing was impeccable. (lucky really)
It was a wild time.
That was the year when I learned my biggest lesson about momentum trading.
Of course I had studied momentum systems quite a bit over the years, and knew they were a major edge but I had never been the beneficiary of such a strong and sustained move.
Momentum systems are what everyone wants to trade, it makes them super appealing.
Momentum systems are VERY HARD to trade, that’s what makes them so lucrative.
Why so hard?
Momentum trades go further and last longer than anyone expects…or believes is sustainable.
Let’s take a step back here and talk about the two types of trades.
Mean reversion and trending.
Mean reversion (or a sideways market) happens about 70% of the time.
Look at any chart and you’ll see a lot of moving up and down within a range.
Just when price breaks out to a higher high it immediately is reversed back to within the range.
And when a new low is taken out, price spikes right back inside the range.
Notice how long (wide) the sideways markets are compared to the jumps.
As traders (investors) we get lulled in to thinking the moves are over quickly, and are head fakes.
Looking at the chart you can see months go buy while prices just bangs around in the range.
Each time it pokes is head out a wall of sellers are there to take profits, and the more aggressive traders are fading the move.
Eventually either everyone who was hoping for a big move is wore out, and has moved on to trade something else, or they’ve been conditioned to take profits and fade the breakouts.
In other words, no one is positioned for a big directional (momentum/trend) move.
So volume is low, and anyone who is trading it is positioned for a reversal, and they place their stop losses right near their entries.
This creates a very special opportunity where no one is positioned correctly for the big move.
Everyone has moved on to other markets.
In crypto no one is talking about it.
If you do mention crypto you are the butt of every joke.
Everyone has a story to tell you about how they got scammed, still have 10 Million SHIBUSDT tokens or a bunch of random wallets that they forgot how to log in to.
But it doesn’t just happen in crypto.
It’s tech stocks. it’s MEME stocks. It’s AirBNB’s. It’s Bonds for you more conservative folks.
The point is, this isn’t only a crypto thing. It happens in all speculative markets.
It has happened for centuries.
This is an edge as old as time!
But works exceptionally well in high risk, highly speculative markets.
Like Crypto!
This is what creates those monster rallies…the whole reason we trade crypto.
And I’ve been working a system just for crypto since the last bull market.
The last bull market I (unlike how it went for me in 2017) I stayed longer than I wanted to. We did great still but should have done a lot better.
This time I built my system to be in for the big main portion of the move and more importantly to know when things are done.
I’ve been live trading the new system for the past two months, without leverage on a basic Coinbase account and have already 10x’d the account.
What You’ll Learn In Crypto Momentum System
- Crypto Momentum Trading System Momentum System V1.1
- Bitcoin Spot ETF Announcement Imminent
- How to Trade the Swing Momentum System v1.1 Crypto (and US Economy) Big Picture Outlook 2024
- Daytrading – Short Term Trading
- How I use Analogs in bull runs $SOL to 700
- Weekly Market Scan and Questions Answered
- All Cash Mode – Waiting
- Crypto market is still quiet, few buy signals on leaders
- Live market Scan and Trades – Next Leg Up – Feb 7 2024.m…
- Send It – Crypto Market Update Feb 26, 2024
- Market Update Feb 28 2024
- Al next, and BTC all time high
- Trend Breakout_Momentum – Where we are
- Crypto Consolidation ahead of FOMC meeting
- Market Review – Bitcoin breakout confirmed
- Market Update – DO NOTHING
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