Since the market had a major correction and sell off I started buying dips on certain tokens like Avalanche and Aster. Both have had significant mindshare recently which means ultimately that there will be more trading volume and more attention paid to these tokens. I was trading WLFI which I think is actually a lower risk play considering it seems to be near a bottom However there's the off chance that it completely sells off to around 15/16 cents. However since then WLFI has listed on Robinhood so I think the dump off risk is eliminated along with ETH returning to around $4k. For me there doesn't seem to be as much volume as the other tickers I am about to mention. Therefore I chose Avalanche and Aster be the tokens I swing trade. So far I've made around $1k yesterday on Aster and $1,300+ (closed trade right after this screenshot) today after selling off and rebuying the dip. Avalanche I am currently sitting at a loss but I am DCA'ing slowly as it continued its dip. With Avalanche I'm not trying to time the bottom but rather use a different strategy here. So I have Aster to swing trade and the attention/hype that it currently has to buy the dips and sell off on the pumps and possibly look at a another entry when it decides to correct. And with Avalanche I am basically treating this as a true major altcoin that I think will do really well in October and treating it more like a long term play. However I did have a small gain last week on AVAX on a day trade. I am going to document both of these strategies here in skool.

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The crypto market just had one of the largest liquidations since 2023 overnight. When things like this happen you have to figure out why which is as simple as a couple google searches news accounts ai or just being active here. In this case the main reason why was just people were over leveraged and market makers crushed the longs. CZ owner of Binance has been known to aggressively sell things like $ETH. This is something that eventually needs regulations by the SEC but for now it can open buying oppurtunities. Basically all bull thesis still remain besides some uncertainty of future fed moves and rising bond yields. To put it simply if you are very new to this in my opinion there is not a good enough reason to shake me out despite this major dip. I personally will be buying the dip with the thesis that we are still in a bull. This does not mean they will not double down and wreck the market even lower that is why you do not put all your capital in on one trade and one position. Pick something you like and buy the dips. Lets share with each other what we are buying 👇

I’ve been getting a lot of questions about the basics of crypto. This group is designed to take you from beginner level all the way to advanced discussions and analysis. The “classroom” will walk you through the core concepts step by step, starting from the very basics. Some of the analysis may feel intimidating at first, but after just a few weeks you’ll have a solid understanding. We’ll also host weekly calls in the future where you can bring any specific questions.

What’s up fam! Kyle and Chris here. We’re stoked to finally launch this space for the Degen Dads Podcast community. Here’s what you can expect: - Daily convos about about the latest alpha in the crypto space. - Fresh alpha, trading insights, and market movers. - A place to connect with other degens who get the grind, the wins, and the liquidations. 👉 To kick things off, drop a quick post below: - Who you are - What got you into crypto/web3 - Your proudest degen moment (or most painful rug 🪦) We’ll go first in the comments. Let’s make this the #1 crypto community on Skool. Stay degen, stay dad. – Kyle & Chris 👊