Crypto Bootcamp Day 1 Overview

Oct 5, 2024

Crypto Bootcamp Day 1

Introduction

  • Initiated due to public demand on social media.
  • Intended to set up audience before next crypto bull run.
  • Speculate this could be the last big bull run before regulation slows down crypto dynamics.

Objective of the Bootcamp

  • Focus on chart work in crypto, particularly swing trading/investing.
  • Not covering basic crypto concepts (e.g., staking, hardware wallets, basic transactions).
  • Aim to teach valuable aspects for making money, especially on charts.

Previous Bootcamps Recap

  • Past bootcamps about day trading and teaching strategies, from psychology to execution.
  • Goal was to equip participants to be profitable traders with provided strategies.

Focus for Crypto Bootcamp

  • Not teaching how to find good projects or conduct research.
  • Emphasizing chart analysis and practical application in trading.
  • Not a guide on basic crypto mechanics or market fundamentals.

Assumptions

  • Participants are expected to have foundational trading knowledge.
  • Familiarity with concepts like order blocks, liquidity sweeps, fair value gaps.

Key Topics in Crypto Bootcamp

  • Taking and leveraging profits in crypto.
  • Using charts to make informed trading decisions.
  • Combining fundamental news with chart analysis.

Trading Philosophy

  • Approach: Buy and hold until profit or zero loss.
  • Introduce crypto psychology focused on chart analysis and profit strategies.

Trading Strategy Overview

  • Use a mix of retail and smart money concepts.
  • Utilize support and resistance along with smart money concepts.
  • Higher timeframes (monthly, weekly, daily) for crypto analysis.

Bitcoin Chart Walkthrough

  • Initial analysis on Bitcoin using a top-down approach from monthly to daily charts.
  • Discussed key price patterns and possible price movements.
  • Highlighted the use of support/resistance and breakout patterns.

Conclusion and Next Steps

  • The bootcamp will be structured differently from previous ones.
  • Encouragement to digest content slowly and integrate lessons.
  • Aim to prepare participants before the next bull run to maximize gains.
  • Future sessions will build on these foundational concepts.