20220405: Welcome to our Coaching Group
Table of Contents
Introduction
Good evening All, welcome to the GTZ Copy Trading group.
The purpose of this group is to be able to communicate about the service and crypto in general so that as investors the road map is clear.
Currently, we have 2 sets of groups, the first whom I’ve been coaching and supporting in trading and the second who were introduced by Maggie. So that everyone is at par including the ones who will join us later, I will be posting periodically some informational material.
The Trend
The opportunity we are looking at is called a TREND.
From the image above you can see since 2010, we are now in 7G (7-Green) i.e. the seventh major Bitcoin Bull/Up Trend.
#Update: Point of clarity: While it was noted we were in 7G we were actually still in 6R (6-Red)
And we are also expecting 7R (7-Red) i.e. the seventh major Bitcoin Bear/Down Trend.
In every major trend, Bitcoin’s price multiplies for example in 2017 It rose from a low of around 200 to a high of nearly 20,000 i.e. 100X.
This year we are looking from a low of around 32K to a high of 220k.
#Update: Point of clarity: Low went to below $18K
Between 2012 and 2013 it rose from a low of 4$ to a high of over 1100$.
So what do you realize:
- 2012/13 — over 250X
- 2015/17–100X
- 2019/22–55X
The higher the price goes up the more the returns keep reducing
Your first lesson on trend is that the earlier you enter the less you spend and the more you earn. The more you delay, the more you spend and the less you earn.
This is why you see venture capitalists in Silicon Valley investing in startups because you enjoy the best growth of your capital when it’s early by the moment they take it to IPO the returns are lower as risk is reduced.
Trading Instruments
Question: Why would I then be proposing Cardano, Litecoin and Solana?
Because,
- First Bitcoin is like the reserve currency of cryptocurrency. It’s what the US Dollar is for currencies.
- But second, that means what happens with Bitcoin the rest follow. It leads and the rest follow.
- Third, because the rest are now where Bitcoin was in those early years.
The table below shows how much they’ll grow. To get in % simply multiply by 100. E.g. Litecoin (LTCUSD) — 55.2x I’d 5520% increase.
Just to bring to perspective how much growth we are looking at Safaricom’s share price is at about 34.5Kes (5th April 2022). During IPO it was 5 Kes which means it has grown by 34.5/5 = 6.9x or 690% in 14 years!
So multiple growths are what we refer to as trends and they can be categorized differently based on where price found support and how long it was ranging. I won’t be talking about that now but the long story short is that we are looking at a multi-month Bull Run.
Some have asked when will the trading start for Cardano now that many are in Cardano. The first Trade will be opened when Cardano reaches 1.28$. There will be approximately 322 trades that will be opened as the trend develops i.e. as the price increases from 1$ and headed to our projected price of 61$.
#Update. A point of clarity: A trade was opened at 0.55$ as a discount trade based on rock bottom analysis.
NOTE
- Do not close any trade.
- If you close, the next trades will not open as you will not have enough money to open. To get back in the trend, I will need to recalculate on my end.
- Charges: 100$ per subscription service request to be restored to the trend.
> Discipline is required not to close any trade.
> Patience is required as the trend develops.
Price trends are based on the consensus of buyers and sellers globally as they buy and sell and are moved based on supply and demand. We are talking here of billions of dollars.
> So my part is simple, identify the trend, ride the trend and manage it.
For those who want to know how markets work in terms of supply and demand, how to follow a trend and manage risk, my online coaching tutorial is available and free for members of copy trading to do self-study.
Nature of Trend
A bull trend doesn’t go up or down in a straight line. They’re usually a series of pullbacks or corrections as you can see above i.e. 1-to-2 & 3-to-4 in an uptrend. These form the main risk areas in a trend.
The beauty of Bitcoin/Crypto is that a Bull run has particular patterns that I have observed in previous runs. After every 18 days, there’s a significant correction of approximately between 15% to 25%. So the rest of the days in between corrections should be less than 10% which isn’t that significant.
Roadmap
Those dates above are the significant days that we need to be on the lookout in addition to June 1st. If you look at 28th March 2022 you will note it reached a peak before pulling back. So those are the specific dates around which I will be swinging into action. A good pullback also means PAYOUT, and a chance to re-enter the market again.
So that’s the ROADMAP and note it’s projected and a probability not definite. Again, it’s estimate and not absolute. So please factor that in your expectations. With that I believe the goal and the why is clear.
#Update: Point of clarity: Price continued going down and did follow through as expected. The statement that it was a projection with probability and not definite, an estimate and not absolute was on point.
Later I will share a document that will enable you customize your MT4 charts so that you can know how to track the trend from your end.
Enjoy your evening.
