Nikola Kornfield retweeted
TRUMP JUST SAVED THE BULL MARKET!
IF BITCOIN HITS $90,000 WITHIN THE NEXT 24 HOURS, I’LL GIVE AWAY $1000 TO 5 PEOPLE.
LIKE, RT, AND FOLLOW TO JOIN.
GOOD LUCK! 🚀
Nikola Kornfield retweeted
Last bull, I became a millionaire, but round-tripped a lot of my gains.
This year, I made it back (and a lot more).
This advice is going to save (and make) you A LOT of money if you apply it.
🧵: 10 things to AVOID at all costs if you're serious about "making it" this cycle.👇
Nikola Kornfield retweeted
My ultimate due diligence checklist I complete BEFORE BUYING any coin.
If you can answer each question, you'll already be ahead of 99% of crypto investors in terms of DD - and you'll significantly increase your strike rate.
(bookmark this post, and answer each question before buying any coin).
General:
• What's their USP?
• Is there product market fit?
• Does it have a strong community?
• Is the narrative compelling and in line with the market?
• Do they have a strong moat/competitive advantage?
• Are there other comparable projects "anchoring" the price? (upside gauge)
• Are there trusted influencers or thought leaders backing the project? (not just paid shills)?
• What's their roadmap/end goal?
• How far away are they from their end goal?
• Are there any obvious red flags? (bundled supply, rug risk, honeypot etc.)
• Have their smart contracts been audited? Are the audits publicly available?
• Are they on CEXs?
• Do they fulfill enough criteria to get on CEXs? (volume, market cap, community)
Tokenomics:
• What is the token's primary utility in the ecosystem? Is it essential for the protocol's function?
• What's the market cap to FDV ratio?
• Are the tokenomics conducive to value accrual?
• Are they generating fees/real revenue?
• Is it inflationary or deflationary?
• What's the vesting schedule?
• Where are the unlocks going?
• Is there a long term plan to alter the tokenomics?
Team:
• Is the team doxxed?
• Do they have a solid track record?
• Does the project have reputable advisors with relevant expertise?
• Are there any AMAs or interviews you can listen to, to get a better gauge?
• Have they historically hit their roadmap checkpoints/goals?
• Do they have any reputable partnerships or collaborations with established players in the space?
Technical:
• Is price action exhibiting relative strength to the rest of the market?
• Is price at or above a key support level?
• Is it in an uptrend (higher lows and higher highs)?
• Is there a clear HTF indicator/level that could serve as an invalidation point?
On-chain:
• Are there significant whale wallets? What’s their behavior (accumulation or distribution)?
• What’s the ratio of whale wallets to retail wallets?
• How liquid is the token?
• How many unique wallets interact with the token daily?
• Has the holder base been sustainably growing over time?
It might take more time, but if you can answer each one of these questions, you're going to be MUCH better positioned to make a decision regarding investing in a project.
99% of people don't do this, so it will put you in the minority and you'll have a huge information advantage.
Once again, bookmark this post for later use. 💙
Nikola Kornfield retweeted
The REAL "alt-season" hasn't even started yet.
I just found compelling evidence suggesting that the true rally is imminent.
The TRUTH is: Alt-season isn't a random occurrence. It's a distinct seasonal phenomenon which is about to begin.
🧵: Everything you need to know.👇
Nikola Kornfield retweeted
The #Altcoin markets are ready for their next wave.
Yes, it's time for a new move and, as the markets tend to move like this, but this move is going to be significantly bigger than the previous one.
Here's an ideal recipe on how to handle those moves, maximizing returns.
The markets are very volatile and, in the past week, we've seen altcoins sell off in the blink of an eye (30% drop).
Some of those altcoins have seen their price bounce back to the previous high, some are still consolidating, but with a new all-time high for Bitcoin coming up, it's likely that the altcoins are going to run back upwards.
What's the gameplan?
The gameplan is to stick into the positions as this is the time to maximize your returns.
This might mean that your positions, depending on your risk appetite, will result in a potential return of 3-5x in BTC valuations.
Why is that a case?
Well, most of the altcoins have literally not been breaking out yet, as they are still in the accumulation zone in their Bitcoin pair.
That's a great sign if you're currently allocated and ready for that next big move.
However, the next move is going to be important to start taking profits from as the run will be volatile with multiple of those crashes which we've seen in the past week.
As I said earlier, LINK has seen 15+ of those corrections in less than 12 months in 2020/2021. I expect that this run is going to be longer, meaning that we'll have those corrections taking place at least twice a month.
Make sure to be prepared:
- Emotionally --> making sure that it doesn't influence your decision-making.
- Rationally --> making sure that those drops are going to be used to buy the dip.
This means that in the upcoming run your goal is to sit tight and hold as long as possible, but also to be able to manage your portfolio well.
- Watch the BTC pairs of the altcoins to see whether things are getting overvalued.
- Watching the USDT pairs of the altcoins making sure that you're going to be monitoring levels for buying back purposes.
- Watching ETH/BTC to see how strong the momentum will continue to be or whether we're having a HTF resistance area.
- Having a plan to rebalance your portfolio and derisk as you don't want to be entirely positioned throughout the year.
The further we get into the cycle, the more you want to take risk of the table, the more you'd want to enjoy the profits rather than staying into those positions.
Be prepared, be wise, be rational, use the experiences of the previous years and you'll be fine.
Enjoy the ride!
Nikola Kornfield retweeted
Rebalancing your portfolio, the essentials
The way of making it through the bull cycle of crypto is through rebalancing your portfolio.
Through rebalancing your portfolio, you'll be able to compound your returns, while limiting yourself on downside risk.
Let's discuss this.
I often talk about this concept of rebalancing your portfolio and it's the primary lesson I've learned from the previous cycle on what you should be doing.
The reason for this is that, if you don't have a strict plan in mind, then it's very likely that you'll burn yourself on selling too early, or you'll burn yourself on selling too late as it's hard to predict how high/low the markets can go.
Well, there's an actual guideline in order to making sure that you will avoid both.
It's through rebalancing.
Let's have an example on this regard, let's say you've got the following balance on your portfolio:
- Total investment in crypto is $100,000.
- From this portfolio, you'll have $50,000 in #Bitcoin.
- The other $50,000 will be allocated towards #Altcoins.
- You don't have any other investments.
Let's assume that you've allocated yourself entirely towards the altcoin markets and that the altcoins are heavily outperforming Bitcoin. They go 5x, while Bitcoin remains flat.
Your portfolio balance will be:
- $250,000 in #Altcoins.
- $50,000 in #Bitcoin.
- Your total portfolio has become $300,000.
Of course, this is a great way of making a return, and as a benchmark, you should be having a goal to outperform Bitcoin by trading altcoins, otherwise it generally doesn't make any sense.
However, once you've been making profits, it's not really about making more profits, but rather about preventing you from losing those gains (this happened to me after the previous cycle).
What you should do is to keep your risk appetite in mind. If you general benchmark is to have atleast 40% of your portfolio into Bitcoin, then you should make a monthly habit of rebalancing your portfolio.
Through our example, this would mean:
- $70,000 to sell from your #Altcoins towards Bitcoin, through which the allocation becomes:
- $120,000 in Bitcoin
- $180,000 in Altcoins
In that way:
- You are locking in profits to a safe asset.
- You have flexibility to be allocating towards altcoins again once the markets are turning the other way around.
Within your altcoin portfolio, you can basically do the same. If one of the altcoins is outperforming, you might be able to rotate those profits towards altcoins which haven't been moving at all.
When to start taking profits?
This is important, as you'll need to make sure that you start taking profits at the right moment.
For me personally, this would be at the moment that we're getting towards the March high of the altcoins. That's my first reference point of starting to scale out and to be having my rebalancing appetite in mind.
What do I do if things go higher?
I generally don't mind things going higher, as I'll still have my allocation, but just less.
If altcoins go higher, then this would mean that risks increases and, ultimately, my goal is to outperform Bitcoin, nothing more. If I've been doing that, congratulations to myself, on to the next step.
What is my base pair?
This is also a great question that's being asked lately.
Currently, my base asset is ETH. I think that Ethereum will be outperforming Bitcoin substantially in the coming year, through which I'd prefer to stay in Ethereum.
However, this is subjective to change. I could go more towards Bitcoin once Ethereum starts to be skewed to the upside, or even, I could move some more towards USDT as I think that the markets are going to correct in the short-term or finish the cycle.
Again, selling Bitcoin towards USDT would mean that I'm aiming on making more Bitcoin through that move.
Hit like if you enjoy these educational updates and if you'd like to see more of them coming.
Nikola Kornfield retweeted
Everyone speaks about how to make money in a bull run, but I think an equally valid discussion is how to successfully exit.
I've thought a lot about this and I have a rough plan.
1. DCA out progressively as prices climb (I won't time the top but I'm ok with that). I've already started shifting money out of crypto slowly (I'm still trying to maintain adequate exposure as I still have a bullish disposition heading into 2025, but I've taken out enough not to need to worry about financial security in the event of a black swan).
2. When a big collapse does come, and this may not be until the end of 2025/2026 (who knows, that's why you ladder out progressively), I'll have parked capital in "safe assets" with the goal of a) capital preservation, and b) income production. This will be a mix of:
• US treasuries (basically cash but with higher yield to cover inflation). Probably some other currencies too just to hedge FX.
• Gold (historically it holds up much better during times of uncertainty than #Bitcoin).
• Real estate (this will also drop in a market collapse, but no where near as violently as equities and its income producing - but it's better to do this sooner as R/R will get worse as the economic cycle progresses, as real estate prices typically lag more liquid assets).
3 (this is the most lucrative step). Buy back a ton of $BTC and equities during the inevitable market collapse (potentially 2026-2027). Also invest in new startups (many of which will likely be in web3) during this period when valuations are low, with an AI focus (that's the first bubble that will probably pop in a market crash but still offers immense long term upside).
The ultimate goal is to have firepower during an economic collapse, that's how you significantly speed up long term wealth creation. It's also impossible to time, so taking an extremely macro lens when making these decisions is needed.
I'd also love to hear your plans too (including all the giga brains out there), as I'm always open to optimising my strategy).
Nikola Kornfield retweeted
I hope you've found this thread helpful.
Follow me @milesdeutscher for more alpha tweets (this is a weekly series).
Also, Like/Repost the quote below if you can. 💙
Nikola Kornfield retweeted
Market nuking.
$LKY pumping.🍀
(called in @mileshighclub_ at $3).
And it's only just the beginning..
Nikola Kornfield retweeted
F*ck it, I’m extending the time by 12 hours!🚀
IF #BITCOIN HITS $100K TODAY, I WILL GIVE AWAY $3,000 TO ONE LUCKY WINNER.
LIKE, RETWEET, AND FOLLOW TO JOIN.
Nikola Kornfield retweeted
IF #BITCOIN HITS $100K WITHIN THE NEXT 48 HOURS, I WILL GIVE AWAY $3,000 TO ONE LUCKY WINNER.
LIKE, RETWEET, AND FOLLOW TO ENTER.
GOOD LUCK! 🚀
Nikola Kornfield retweeted
A MAJOR fundamental flaw in crypto is starting to emerge.
It's the #1 reason why altcoins are underperforming this cycle.
And currently, there seems to be no fix.
I just dug through all the data (what I found was shocking).
🧵: How altcoin dispersion is killing crypto.👇
Nikola Kornfield retweeted
#Bitcoin is about to hit a new ATH again so we are doing a $1,000 giveaway!
How to participate:
- Like & RT
- Follow @rovercrc & @cryptoseacom
The winner will be picked in a Twitter randomizer in precisely 72 hours!