Some tips for noobs:
- Cloud mining is a scam

- The people giving away free advice are almost always better than people with paid rooms

- Anyone whos taken money to shill a project should be forever tainted in your eyes

- It always goes significantly higher thank you think

/1
- It always dumps significantly deeper than you think it will

- If twitter is ablaze with clout seekers during a major move, that's probably a reversal point

- Diagonal lines are poverty lines

- Horizontal lines are law

- Never take money from the fam to put in this market
/2
- Telling an SO what to buy will destroy your ability to think about that market indefinitely

- Yes, all the crazy stories from back in the day are true

- You'll think its the top 10 times before the top

- You wont think it's the top at the top

/3
- The biggest red flag is when you get mad at other people for being against your position

- Same goes for other people being mad at you for being against their postion

- The wallstreet bubble emotions chart is spot on. I've experienced it 100 times now

/4
- The best way to learn to trade is to study psychology, not trading books

- Skill in traditional markets translates really well to large cap alts with liquidity

- Low caps are a totally different and new game

- Make sure most people are against your large positions

/5
- Your biggest losses always come right after your biggest wins

- After a big win or big loss, take a day or 2 before taking new positions

- When markets go up, you check the prices more. This creates the illusion of stability because you're seeing the same price more

/6
- Technicals look like magic if your bias is correct

- Technicals look like market manipulation if your bias is incorrect

- Back in 2014 people went to pretty significant lengths to not have fake followers

- In this era, fake followers on new accounts is the norm

/7
- Watching low time frame charts on a regular basis will drive you insane. You'll start to have a conspiratorial mind. I've experienced this first hand.

- No, the whales aren't pushing it down

- No, tether isn't a pump scam

- No, its not 5 whales pushing the price up

/8
- The top lasts 2 days, be fast

- The bottom lasts 6 months, you've got time

- If you find yourself looking for comfort on twitter be incredibly weary of what happens next

- Theres a reason some people really hate OG accounts. You'll find they usually have a paid service

/9
- People are very rarely actually 'scamming'. Most of the time they're just incorrect, it happens.

- Twitter is a great place to get direction for what to look at, but a terrible place to blindly follow. You have no idea what invalidates my calls for me

/10
You can follow @jebus911.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: