- MoeMentum University
- Posts
- Smooth sailing, narrative trading with some headlines
Smooth sailing, narrative trading with some headlines
Your morning dose of random updates from crypto
GM Seedphrase Nation 👋 Welcome back to the newsletter that spends more time in crypto than The Rock does at the gym.
📓 Today’s Agenda:
👀 Billion Dollar Industry
🔥 Hot Headlines
🤖 Narrative trading
🤭 AI trading Bots
👀 Premium Preview
You need help making life easier, not harder.
These daily emails are free and packed with value, but if you want to support us and get more out of the crypto space then Seedphrase Pro is for you: an exclusive weekly report that covers top crypto picks and upcoming trends, market insights, and alpha that help our portfolios grow.
This week, we dive into a $100 billion dollar industry expected to triple in the next 3 years.
This is what we looked like when our team found the data:
In today’s Pro email, we tell you:
Why we’re bullish (this industry & narrative keep getting bigger)
The top 3 projects worth looking at & their coins
Our exact entry points for each coin
Where to buy
Basically, we make alpha easy to access, understand, and act on.
🔥 Hot Stories
📈 Crypto & The Markets
Markets rally following Jerome Powell’s comments on disinflation - Read more
Former Coinbase employee pleads guilty to insider trading - Read more
$4 Billion stolen in crypto hacks just in 2022 - wtf?
🖼️ NFTs
Saudi Arabia collab w/ Sandbox announced. SAND pumps 25% - Yalla habibi
OpenSea might rebrand from marketplace to aggregator - Read more
Golden Ape sells for $1.3M despite market slump - Read more
🔥 Narrative Trading
“Where attention flows, money grows” - well that’s more accurate in Crypto markets than anywhere else.
Narrative trading is real, and those who recognize it and understand where the market is tending usually end up on the winning side. Crypto is primarily dominated by cycles - think BTC halving → bull run → bear market → bull run → etc.
But the real trends happen in what we call “Mini Cycles”.
Some tokens get popular because of certain themes or events that happen.
The most recent example is the DEX Narrative after FTX investors felt more confident in decentralized exchanges and lost trust in anything centralized, so the DEX narrative broke out.
We saw Uniswap, and Dydx gain a massive uptick in volume since. Now you’re probably wondering, how narratives propagate. Simple, they take up the most mental space in people’s minds and start taking over social media.
So how do you find opportunities?
Understand the cycle, event > attention > hype > price action. Money in crypto flows from top to bottom and risk and reward get greater the more you go down the funnel.
If you want to trade in crypto narratives, you need to understand the funnel.
Yes, no secret formula, this is more of a mindset shift lesson to help you become a savvy investor!
🤝 Together with Babbel
The summer is quickly approaching. It’s time to meet new people and explore the world with Babbel.
Going on vacation is great, but exploring the world like a local is even better. Not speaking the language is no longer an excuse: with Babbel, you can learn to speak a new language in just three weeks.
The language learning platform offers 10-minute lessons designed by real language experts, focused on conversational skills in 14 languages.
Subscribers also have access to accent-perfecting speech recognition technology, live online classes, games, and more to help you build confidence before you board your flight.
✈️ Sign up today to get up to 60% off your subscription!
🤖 3 Ai Trading Bots to Level You Up
The possibilities of Ai are endless. To prove it, we asked ChatGPT to write a rap for us in Biggie Smalls style:
Not too bad. But AI wasn’t built to be the next Biggie.
Something AI has been built for automated crypto trading.
Crypto trading comes with challenges, most obviously the need to be alert nearly 24/7- the perfect job for a bot. AI Bots are positioned to be great traders: they are programmed with all relevant information and are able to intake new data and adjust accordingly. Plus, they don’t have emotions. So no FOMO buys or panic sells.
They’re an especially good choice for beginners who don’t have a lot of time to learn different trading strategies.
👉️ The TLDR:
AI trading bots make crypto trading so much easier. It’s definitely worth checking out.
Here are 2 that are worth looking into:
Pionex is one of the best choices because it’s free, easy to use, and no need to set up your own bot. They have 16 to choose from.
Mizar has an intuitive design and a variety of tools.
Have you used a crypto trading bot before?Vote to see live results |
Give us your take!Give us honest feedback, we have something in store for you. |
😂 Meme of the day:
Web3 mfs getting another black hoodie
— Alan Carroll (@alancarroII)
2:11 PM • Feb 8, 2023
Reply