Edward Morra

25 ноября 2024 14:27

All that buying ($5.4 Billion!!! in a week) and we couldn’t get above $100k. I think its gonna take us a while before we break past it decisively.
Market needs to cool down and consolidate for some time (maybe 2+ weeks), I have trimmed some leverage exposure to fix profits but leaving my all my spot holdings. Will be looking to buy the coming dips.

Edward Morra

21 ноября 2024 19:48

Thanks God I sold my claim earlier this year.

Even after considering the fact I got < 90% of my claim (I sold in April) back - I'm still in profit since I bought crypto that went up during that time.

By the time creditors get their money back (March '25) - markets gonna x5 even more. This will also mark the local top most likely.

▫️More details:
https://x.com/FTX_Official/status/1859643725183602788

Edward Morra

20 ноября 2024 16:38

$POL

Around +37% since my entry. Its only a warm-up so far.

Holding strong!

https://www.tradingview.com/x/Rn0V7pdz/

Edward Morra

20 ноября 2024 14:56

$BTC

Still holding my lev long (2/3).

Will be watching $100k as a potential profit taking area because of meme round number. Spot is untouched though.

Higher quality chart:
https://www.tradingview.com/x/AzO1rMza/

Edward Morra

12 ноября 2024 12:05

https://x.com/edwardmorra_btc/status/1856290780249297407?s=46&amp;t=XuD_8NTct8mdlaN547c0bw

Edward Morra

11 ноября 2024 17:42

CME gaps are memes during a bull market?

I guess we'll find out sooner than later. Buy dips when it happens.

Disable red button.

Higher quality chart:
https://www.tradingview.com/x/Cb9IJLcC/

Edward Morra

10 ноября 2024 12:01

$DOGE

Riding the rest (2/3) of my position. Up 60% since entry.

DOGE rallies were always a sign of upcoming alt season. Don't sell too soon.

Edward Morra

06 ноября 2024 18:18

$AVAX

FA + TA

Gaming blockchain. Huge success of games like "off the grid" (around 1M MAU) and recent Avax9000 gaming grant makes it a good bet.

I'm adding more $AVAX to my portfolio. Don't think we make new macro lows.

Higher quality chart:
https://www.tradingview.com/x/C2VCvpxW/

Edward Morra

06 ноября 2024 11:56

$BTC

For proper ATH break we shouldn't be closing below ATH on a daily basis imo. Wicks are fine as long as we close above ~$73850 today for continuation of the trend.

Another option - we consolidate right under ATH to build up liquidity (momentum) above and blast it later.

For higher quality chart:
https://www.tradingview.com/x/ftwSJlxn/

Edward Morra

03 ноября 2024 10:06

$DOGE

Started adding some $DOGE and set my final bids at around ~$0.144 just in case.

If Trump wins - this still has legs.

Edward Morra

30 октября 2024 18:38

$ETH

When BTC decisively breaks past ATH it’s only a matter of time before ETH plays a catch up.

I don't make the rules.

Edward Morra

18 октября 2024 13:56

$DOGE

If you hold some DOGE, here is the chart with some targets for near future

https://x.com/edwardmorra_btc/status/1847244660902891848

Edward Morra

18 октября 2024 09:33

$BTC

Everybody already posted about this diagonal a million times but still, feels like price been coiling up for long enough already and we can see an explosive move soon.
Whenever that happens - expect high volatility, we have been ranging for 8 months. So, be careful with leverage. When BTC sends - most altcoins probably going to suffer first, this is usually what happens (BTC pumps first - alts suffer -> BTC consolidates - alts send).

Edward Morra

09 августа 2024 08:49

$BTC

CME gap is filled!

We did it, bulls!

https://www.tradingview.com/x/zJO9vb4j/

Edward Morra

05 августа 2024 20:05

$BTC

We now have a fresh CME gap to the north. Usually all gaps are filled after.
Also, gaps aside these type of high volatility rapid nukes tend to retrace almost all the way, so keep holding your coins!

https://www.tradingview.com/x/Q4WTrTaR/

Edward Morra

25 ноября 2024 14:23

https://x.com/saylor/status/1861033309934862601

Edward Morra

21 ноября 2024 16:27

$SOL

Still holding my long entries from summer. Nice profits (100%+ on spot, no lev)

https://x.com/edwardmorra_btc/status/1859618814784053627

Edward Morra

20 ноября 2024 16:22

$ETH

I've entered some fresh ETH longs after we closed that daily above $2830.
My entry is $2888 (I also have spot ETH from lower).

Still holding & will probably add more if we dip below $3k again.

As much as ETH is hated it will inevitably break new ATH. Don't let anyone convince you otherwise. Its been like that for many cycles. It was always lagging behind BTC first.

Higher quality chart:
https://www.tradingview.com/x/arsj23ti/

Edward Morra

13 ноября 2024 07:44

$BTC | LTF

Possible liquidity run just below $85k followed by a bounce.

If it fails I have my eyes on $82.3k level.

Still holding my longs from $68k. IMO this is a healthy correction before we continue higher.

Higher quality chart:
https://www.tradingview.com/x/WgOEtirQ/

Edward Morra

12 ноября 2024 06:19

$DOGE

Closed another 1/3 in huge profit here. Leaving the rest as a moon bag.

Absolutely monster trade. No time wasted + any size.

Edward Morra

10 ноября 2024 12:02

$BTC

Holding long and strong.

Could see us correcting on Monday to possibly close CME gap down to $77k but in a bull market you usually buy Monday nukes.

Disable the red button

Edward Morra

07 ноября 2024 07:22

$ETH

The time has come!

Bullish daily close above ~$2830 and we off to the races.

Hated rally!

Higher quality chart:
https://www.tradingview.com/x/NrGth118/

Edward Morra

06 ноября 2024 17:38

$POL

Polymarket is the most important app of this week. It accurately predicted the election results beating all experts/analysts. And its built on Polygon (MATIC)

Bullish reclaim of '22 low will make the chart look fantastic. I'm a buyer.

Easy x3 from here.

For higher quality:
https://www.tradingview.com/x/KQbrwE6m/

Edward Morra

06 ноября 2024 06:25

$DOGE

Up around 40% from entry. Best performing large cap!

Trimmed 1/3 of profits, letting the rest ride for now!

Thanks for playing!

Edward Morra

03 ноября 2024 09:50

$BTC

Must-hold area for bulls here imo.

I have filled some fresh longs in green box.
Will cut it if we close below $65k (!)

Edward Morra

18 октября 2024 14:28

$BTC

In case there is some weekend shakeout thing. This is the dip I would like to add.

Don't puke at the bottom

https://www.tradingview.com/x/Lgw68V4K/

Edward Morra

18 октября 2024 13:55

BTC Dominance to at least 60%+, then alts season

https://x.com/edwardmorra_btc/status/1847236724805730728

Edward Morra

15 октября 2024 19:20

👨‍💻Big FTX Update

FTX repayments are coming and it’s time to finally make a big update. I know a lot of you are wondering whether you should wait till the official repayments or sell your claim now? When can we expect repayments realistically? How much to expect?What potential problems can we face? Etc.

Let’s discuss below:

▪️When can you expect repayments?

For claims < $50k one time payment: Jan ’25 - March ’25
For claims > $50k multiple payments: Q1-Q4 ’25
FTX bankruptcy plan was approved October 8th -> effective date will be set within 90 days from October 8th -> repayments will be made within 60 days from effective date.
So, realistically as early as January ’25. Worst case scenario - March ’25.

▪️How much can you expect?

For claims < $50k - around 118%* of claim value. One time payment.
For claims > $50k - up to 142%* of claim value. Multiple payments throughout 2025.
*claim value is calculated at the time of the bankruptcy i.e. November 2022.

▪️How will you get your repayment?

Most likely wire (bank) transfer. This might be a serious problem if you don’t have a bank account or don’t want your bank to know about your crypto money. You might need to explain the source of those funds (how/when did you get them etc) and possibly face tax consequences.
Ideally, you want to get repayments in stablecoins (USDC, USDT) to avoid bank questions and taxes. Unfortunately, this is still not decided. Time is running out and they (FTX) need to find a distribution partner asap. Stay tuned and hope for the best. However, if you don’t want to deal with uncertainties and risks - your best bet is to sell your claim for USDC now before the official repayments so you can deploy this money right into the market. Claim prices are the highest they ever been and for some people this may be the perfect option. You can find out how much you can get for your claim here. Let’s discuss whether you should consider selling your claim below.

▪️Should you sell your claim now or wait until official repayments?

Not financial/legal advice, DYOR.
▫️This is really something you should decide yourself. In my opinion, for claims under $50k - probably just wait until official payment. You will get it in 1 time payment. Unless of course you need that money right now and/or have a clear plan on how to use it to frontrun others who will most likely deploy money right back into crypto as soon as they receive it.
▫️For claims above $50k - it’s a tricky situation. You can easily get well over 100% for a large claim now. For 20-30% you are missing (remember official repayments for claims over $50k is up to 142%) you are not sacrificing up to another year of waiting till you get your whole repayment back. Considering crypto might easily pump 20-30%+ in a week, then selling a claim now and getting that liquidity before everyone else might be worth it.

If you decide to sell your claim or wondering how much can you get for it now, I recommend checking out FTX Creditor. I sold my claim (link to post) earlier this year and can absolutely vouch for them. Quick and smooth experience (can sell your claim within 24-48h, paid in USDC directly to your crypto wallet of choice).

Fill in the form to receive a quote on your claim. They are buying claims under $50k till 19th of October (4 days left). Larger claims till November. Use this link to get a better (best) quote:

👉 https://www.ftxcreditor.com/sell_claim?afmc=0007G8G3

Edward Morra

07 августа 2024 13:19

🔔Large amounts of crypto seized by chinese police from chinese ponzi scheme "Plus token" in 2019 began moving few hours ago. They have around $2 Billion in ETH that can be potentially transferred.
This doesn't mean they selling it (at least for now) but pay attention if they start deposit into exchanges in the coming days.

https://x.com/lookonchain/status/1821136313640481006

Edward Morra

05 августа 2024 18:27

💭Current market thoughts | Black Monday

A lot of bad stuff happening at the same time:
- Middle east war tensions (Israel - Iran)
- Japan's market crash (YEN carry unwind), worst dump since 1987
- Stock market crash around the world: USA, Asia - Taiwan's worst day in 57 years etc.
- USA election, interest rates etc
- Biggest crypto shops and market makers (Jump, Genesis) liquidating hundreds of millions of their assets in ETH, SOL etc
- MtGox and Grayscale supply pressure

Really can't think of a worse scenario than what we have now. And its all happening simultaneously. In moments like this - its important not to lose hope and try not to overtrade / make big mistakes. Obviously, things will get back to normal sooner or later. Market had to deal with some bogeyman from the past, especially MtGox, Grayscale, governments selling (Germany, Usa). Once bad actors are out and supply overhang is absorbed - its going to be a smoother ride upwards. More than a billion $ was liquidated in the last 24h. These type of black swan events are pretty rare. Last ones we had were: FTX collapse November '22, massive nuke in May '21, covid-dump in March '20. Market always recovers after, and those who were brave enough to buy made handsome profits.

I started buying already yesterday (was a bit too early but anyway). Also set some more bids lower before bed and to be honest didn't think we would fill them and fill them so fast. Woke up completely underwater. This sucks but this is not the end of the world. Years of experience taught me to spread bids and never go above x1 of account value (no liquidation price). So, its time to be patient and wait for the recovery now.

I bought mostly SOL, BTC, ETH and some other alts (NEAR, SEI, AVAX etc).