Could go either way but the pros outweigh the cons and thats just the way it is.

I almost took a trade but I didn't..see why. Had to control my emotions there. I still think its over extended.

Why There’s Zero Edge in Forex (and Why I Still Trade It) Shout out to @Northern Aggregator for the idea Hot take: Forex has almost no edge for retail traders.That’s why I hate it. 99% of FX content is: - random indicators - pattern worship - “liquidity grabs” with zero context - pretending EUR/USD moves because of a candle shape Currencies don’t move because of TA.They move because of macro pressure. Why Forex feels rigged Forex is: - ultra-efficient - dominated by central banks, governments, and institutions - constantly mean-reverting unless something forces it not to So if you’re trying to scalp 10 pips with RSI and hope… yeah, good luck. Where the real opportunity actually is The only time Forex becomes interesting is at the edges. Edges = moments where something has to happen. That usually comes from: - interest rate differentials - inflation gaps - debt stress - political pressure - central bank credibility breaking Example 👇When JPY/USD gets pushed to extreme levels, it’s not random. Japan can’t let its currency: - destroy imports - crush consumers - destabilize bonds So eventually: - policy shifts - intervention happens - or global risk flips The trade isn’t “this looks overbought”The trade is “this situation is unsustainable” How you can still be profitable If you want a real shot in Forex, you need to: - stop thinking like a trader - start thinking like a policymaker Ask: - Who’s under pressure right now? - Who benefits from this move continuing? - Who can’t afford it continuing? - What political or economic lever is likely to be pulled? Then you wait.And you trade reaction, not prediction. Final truth Forex is boring. Forex is slow. Forex is unforgiving. But if you understand macro economics and incentives,and you position at extremes where intervention or regime change is likely… That’s where the edge lives. Not in indicators. Not in patterns at the edges.

Friday is my typical day to DCA. I have taken a time based DCA approach after trying to time local bottoms and failing miserably years ago. My strategy is one of conviction and consistency. What will I be buying? At this juncture in the market cycle there are many who argue we are in the beginning of a Bear Market. Some think we are still in a Bull Market. Others indifferent or don’t care and are taking a longer term approach to investing vs trading. I am of the later. Therefore the “safest options” in the riskiest asset class (…..lol) on earth are Top 10 Crypto Altcoins. Starting with Ethereum down to Doge. Now I might venture a bit further with some Ada or Link but if your buying for long term price appreciation all of these are good choices. Happy DCA day to you all! Please let me know what you would like to hear more about in my posts. I’m happy to share on any subject.

Evening all, I have attempted to post in the group several times, started to write and got pulled away never to get back to it. So I thought I might post something short and simple, see how you all react and then continue forward from there. I’ll start here… General Observations for Investing in Alt Coins What most folks don’t realize is that Alt coins are long duration assets. They think of fast money, get rich quick and become frustrated in short order when they figure out that they didn’t buy the bottom and the volatility is extreme. Retail investors often sell bottoms and buy tops. To make the multiples you dream of takes years of conviction and holding. DCA strategies trump trading and trying to buy local bottoms. It’s not sexy and the dopamine hits you get from shorter term moves tend to be short lived or non existent. However the upside potential is HUGE. Bigger than anything currently available in TradFi or Leverage Trading. So doing solid research on a project, then deciding to invest means you will need to set some parameters around your holding strategy and what you will do if your coin drops between 10-99% in its USD value. Do you a stop so you can de-risk? Or are you willing to buy your average down? Or possibly hold through some big swings if you’re out of cash? And of course the opposite is true of where to sell. If you’re up by “X” you are ready to take a % off the table. Or is the plan to wait for euphoria and start to scale out? Risk management as they call it. Let’s pause there, but continue soon.