Alt Coins: Not Following The King

[@TheCodTage]

I'm financially ruined

[@carpenoctom]

@@TheCodTage sry to hear that cod

[@eliotclarke1129]

Cardano?

[@andrewkolodziej3471]

Thank you ever so kindly broski.

[@carpenoctom]

@@andrewkolodziej3471 yw

[@coveringcambria]

Thank you Josh

[@carpenoctom]

@@coveringcambria yw cc

[@BatmanBoss]

Thanks buddy

[@carpenoctom]

@@BatmanBoss yw bb

[@xiaoying62]

Thank you sir

[@carpenoctom]

@@xiaoying62 yw XY

[@sepyable]

Thank you prof Josh!

[@Scratch1023]

Thanks as always sir!

[@carpenoctom]

@@Scratch1023 yw scratch

[@SoneRays]

Great vid Thansk!

[@Blayke_]

Good one today. Maybe in a few months I'll be able to say the same thing about the alt market lol

[@carpenoctom]

@@Blayke_ thx b, ya will take some time

[@pedronegreiros6509]

That's a litte concerning that apart memes most alts are struggling so much to catch up with BTC, even with all the regulatory favorable changes. Not crazy to assume that in the next years we can have 50 of the top 100 mkt cap coins being memes. We already have more than 10... Turns out that btc maxis were right all along

[@sebfox2194]

Why is that concerning? Altcoin projects will eventually get priced according to the value that they provide to people.

[@osirisra1476]

​@sebfox2194 They don't provide any value to the people.

[@carpenoctom]

@@pedronegreiros6509 maxis def right

[@dankhank11]

I appreciate the look-in at Helium. That's a project I always have my eye on, but never buy.

[@carpenoctom]

@@dankhank11 hasn't traded, particularly bullish recently

[@Soferrytiresome]

Love seeing sol/btc basically flat. Feeling much better for my 99% btc stack even if a bit late to the party. Often wrong, always learning.

[@carpenoctom]

@@Soferrytiresome Yes, I should do well later in the cycle here

[@fedeoetinful]

Thanks!

[@andreas.samson]

Hey Josh, question about fib extensions. Do you include the wicks or do you measure form the candle close on the 1d?

[@carpenoctom]

@@andreas.samson usually wicks unless it's something that's super illiquid and the wicks are kind of nonsense

[@traumatizedwick1760]

Good stuff.

[@carpenoctom]

@@traumatizedwick1760 thx wick

[@DennisMarwood]

Thoughts on stx and the other layer 2s?

[@carpenoctom]

@@DennisMarwood meh

[@erans]

You didnt mention the two horses of the apocalypse, ZEC and XTZ. whenever they pump usually means a local top for everything.

[@carpenoctom]

@@erans this cycle is a bit different

[@erans]

@ "this time is different" 🫡

[@bernardo.daSilva]

Pain

[@simrans3675]

Bro!!!! No!!!!

[@carpenoctom]

@@bernardo.daSilva yes

[@justinchan7485]

Hey josh, can u start with alts btc pair next time for each coin then peek at the alts usd pair for a bit with more time spent on the alts btc pair in the next alt vid?

[@justinchan7485]

Or can just focus on alts btc pair without peeking at alts usd, my charts are all alt btc pair and sometimes i get confused why it looks diff from urs and realized ur on alts usd for that coin

[@carpenoctom]

@@justinchan7485 when I do that the alt maxis get mad at me lol

[@thebuilder651]

1x Bitcoin and let it do it's thing. Thanks Josh.

[@ulittlefricker]

Deep dive mstr tomorrow ser? Mstr shooting star. What about this mstr/bitx bounce with bear div?

[@carpenoctom]

@@ulittlefricker that thing has a mind of it's own, no clue. Certainly looks toppy.

[@ashgenXparent]

Josh, when you took some out of MSTR recently was it a cloud based decision as I don’t think we had a bearish TK cross…. Thanks for your video today… v useful as always 🙏

[@carpenoctom]

@@ashgenXparent wasn't a cloud or WF SL decision. It was based on the PF projection.

[@ashgenXparent]

@@carpenoctompitch fork projection?

[@utubesysinfo6870]

Thank you Josh 🙏🏼

[@carpenoctom]

@@utubesysinfo6870 yw sys

[@ulittlefricker]

Thoughts on doing fibs on alt mcaps on TV as a way to remove the inflation from clouding whether prior ATHs are reachable? I think of FIL. Seems impossible to go back to that 2021 ATH price. But the mcap chart makes more sense...

[@carpenoctom]

@@ulittlefricker yeah, the MCAP stuff is quite something isn't it?

[@bh9825]

Josh should I sell all my BTC for MSTR please advice

[@carpenoctom]

@@bh9825 I think it's a bit late for that

[@joey86bu1]

You are doomed to fail.

[@sB3rg]

True until not true. Then new narrative to explain new normal, and so it goes.

[@rk092]

First eth/btc order got filled today at 0.32. I hope alt bottom soon on their btc pair because their usd pair ain’t shit

[@carpenoctom]

@@rk092 starting to bounce now

[@Del_987]

Majors making new highs against BTC are probably the play. Unfortunately people just generally hate ADA and XRP

[@osirisra1476]

ADA and XRP are still trying to reach last cycle's highs 🤣

[@carpenoctom]

@@Del_987 some majors yes definitely

[@simrans3675]

Hey Josh, I thought this was intended as financial advice!?!?

[@carpenoctom]

@@simrans3675 lol no

[@NoOne-si1bc]

Link devs still selling Josh?

[@carpenoctom]

@@NoOne-si1bc they could be. They've done a better job obscuring the transactions in recent years so it's a bit harder to tell.

[@Zicore47]

Bitcoin has the better narratives in my opinion.

[@carpenoctom]

@@Zicore47 true

[@Jason-ig3fg]

Lol the pro alt coin traders. They remind me of the unicorn ands Santa. Buying and holding bitcoin over time out performs 99.99% of all traders and I say that as a trader and holder.

[@Victor-herman1971]

MSTR

[@carpenoctom]

@@Victor-herman1971 not in the vid

[@joey86bu1]

MSTR!!!!!!!!!!

[@carpenoctom]

@@joey86bu1 a great alt

[@LinusMuse]

Watermarks!

[@carpenoctom]

@@LinusMuse ya I need to turn those on my bad

[@LinusMuse]

@@carpenoctom No I mean they are there this time. (Check your vid) It's Kraken Pro and looks great, thanks for talking to them about it

[@HaineGratuite]

I'm actually in the DEXScreener trenches and our (good quality) bags are fine. I'm not sure why anyone would hold coins from last cycle except BTC, SOL, and DOGE

[@HaineGratuite]

regarding the coins that outperformed BTC, I think you'd really enjoy reading about Zerebro and Worm. Zerebro is a super powerful AI and Worm is based on giving life to technology. You don't even have to look at the tickers, just the projects themselves if you have free time

[@baggywaters8948]

[@carpenoctom]

@@baggywaters8948 yw bw

[@glibaudio]

first!

[@carpenoctom]

@@glibaudio nice glib