What's up guys, YoungShkreli here
We made it to the first page of the active traders list earlier today! (means reputation went up a lot in a day)
Not about Bitcoin, but I hope you'll read, it's kind of my makeshift mission statement:
Before we talk about Bitcoin, I just want to tell you all that I'm really grateful for all of the support I've already gotten. I'm going to say this every now and again, but let me tell you all WHY I write these articles. I write these articles because I want to build a base here that I can carry to other platforms and grow and grow and grow. Once I have about 10,000 followers, I will make YouTube videos and other content that will be more comprehensive than these short posts (it takes many, many hours to learn all that I have to teach - reading will not be enough because I don't write everything that I am thinking/know - only the biggest chunks). Once I have about 100,000 YouTube subscribers, I will be selling courses/e-books/software/ etc. so that you can become ever more masterful. You do not NEED these things, my FREE services will get you mostly there, but if you want to learn EVERYTHING I know, you'll have to pay me because I need the money to do bigger things and because I have worked hard and failed many times to acquire the knowledge I have. None of these is my ambitious goal. My ambitious goal is to manage a billion dollar hedge fund. I want to run one of the largest and most successful hedge funds in history because I know I will be able to do a good job. Most people can't or are unwilling to learn how to trade/invest/be financially responsible and if they won't, I will pick up the slack for them if they invest with me or at least give them the tools to learn. I am going to DEDICATE my life to achieving these goals and helping people in this way because as soon as you start taking control of your finances, the sooner you begin to solidify your future and EVERYONE you care about's future. I believe this is my calling in life. I am not a religious person, but I am deeply spiritual and believe it is everyone's DUTY to make the world a better place. This is how I intend to do that. I'm excited for all of you to join me on this long journey that I've planned to take about 10-20 years (takes a long time to be trustworthy enough to control a billion dollars). We'll get to know each other pretty well :)
About Bitcoin:
I am not a buyer yet... but it looks like I COULD be in 24 hours as per my strategy. A gentleman earlier today asked me for my full strategy, in the messaging section, and I told him he'd have to pay me at least 10 million dollars for that information. Guys, I will not tell you everything I know until I actually have a billion dollar hedge fund. I will only share the bulk of it (trust me that's enough). That said, as I said in my first article, crucial elements to my strategy are based off the following truths about this market: 1) After a candle flip Ashi, you are more likely to have another Ashi candle of the same color than to flip color again. 2) If the candle flips in over-sold conditions, you are likely to have a strong bounce. 3) You must wait for confirmation before making a trade. So how can we apply this system to what we see now?
Well, we are bouncing off of oversold conditions, and if we can close green, then there is a good chance we will bounce. So, and let me be very clear, I AM NOT A BUYER UNTIL THE ASHI CLOSES GREEN. It has not closed and won't for 24 hours, so the earliest I will buy is in 24 hours. In 24 hours, I will tell you what the plan is because then and only then will I know. I do not predict the charts. I read them. I do not buy the absolute bottoms (hard to impossible to do in a non v-reversal market) I buy near the bottoms when it is SAFE.
Thank you everyone. I'm sorry for the long post :D
If I have been helpful, please like my work and follow me, it will help us both.
-YoungShkreli
P.S. There is so much outside of trading that I can help you all with as well, more to come in the future.
We made it to the first page of the active traders list earlier today! (means reputation went up a lot in a day)
Not about Bitcoin, but I hope you'll read, it's kind of my makeshift mission statement:
Before we talk about Bitcoin, I just want to tell you all that I'm really grateful for all of the support I've already gotten. I'm going to say this every now and again, but let me tell you all WHY I write these articles. I write these articles because I want to build a base here that I can carry to other platforms and grow and grow and grow. Once I have about 10,000 followers, I will make YouTube videos and other content that will be more comprehensive than these short posts (it takes many, many hours to learn all that I have to teach - reading will not be enough because I don't write everything that I am thinking/know - only the biggest chunks). Once I have about 100,000 YouTube subscribers, I will be selling courses/e-books/software/ etc. so that you can become ever more masterful. You do not NEED these things, my FREE services will get you mostly there, but if you want to learn EVERYTHING I know, you'll have to pay me because I need the money to do bigger things and because I have worked hard and failed many times to acquire the knowledge I have. None of these is my ambitious goal. My ambitious goal is to manage a billion dollar hedge fund. I want to run one of the largest and most successful hedge funds in history because I know I will be able to do a good job. Most people can't or are unwilling to learn how to trade/invest/be financially responsible and if they won't, I will pick up the slack for them if they invest with me or at least give them the tools to learn. I am going to DEDICATE my life to achieving these goals and helping people in this way because as soon as you start taking control of your finances, the sooner you begin to solidify your future and EVERYONE you care about's future. I believe this is my calling in life. I am not a religious person, but I am deeply spiritual and believe it is everyone's DUTY to make the world a better place. This is how I intend to do that. I'm excited for all of you to join me on this long journey that I've planned to take about 10-20 years (takes a long time to be trustworthy enough to control a billion dollars). We'll get to know each other pretty well :)
About Bitcoin:
I am not a buyer yet... but it looks like I COULD be in 24 hours as per my strategy. A gentleman earlier today asked me for my full strategy, in the messaging section, and I told him he'd have to pay me at least 10 million dollars for that information. Guys, I will not tell you everything I know until I actually have a billion dollar hedge fund. I will only share the bulk of it (trust me that's enough). That said, as I said in my first article, crucial elements to my strategy are based off the following truths about this market: 1) After a candle flip Ashi, you are more likely to have another Ashi candle of the same color than to flip color again. 2) If the candle flips in over-sold conditions, you are likely to have a strong bounce. 3) You must wait for confirmation before making a trade. So how can we apply this system to what we see now?
Well, we are bouncing off of oversold conditions, and if we can close green, then there is a good chance we will bounce. So, and let me be very clear, I AM NOT A BUYER UNTIL THE ASHI CLOSES GREEN. It has not closed and won't for 24 hours, so the earliest I will buy is in 24 hours. In 24 hours, I will tell you what the plan is because then and only then will I know. I do not predict the charts. I read them. I do not buy the absolute bottoms (hard to impossible to do in a non v-reversal market) I buy near the bottoms when it is SAFE.
Thank you everyone. I'm sorry for the long post :D
If I have been helpful, please like my work and follow me, it will help us both.
-YoungShkreli
P.S. There is so much outside of trading that I can help you all with as well, more to come in the future.
Note
Notice we have fallen about $100 since this post. Doesn't mean anything, but if it tanks $1000, you'll be awful glad I didn't tell you to long it now. Always wait for confirmation because strategies must be based on consistent confirmation. You can't have trades that are made on feelings because you can't improve your feelings. You can improve strategies. Like the virus that has evolved to keep Harvard phds guessing (without a brain!), you will be equally powerful through continual evolution and progress. Just a little nugget of knowledge.
-YoungShkreli
Note
This is exactly why we wait for confirmation, people. We are almost certainly going to close today red, so I'm not going to be a buyer today :/ poor bitcoin. I'm still short. -YoungShkreli
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.