DonAlt ETH Monthly Chart Strategy
DonAlt just returned from an eight-month hibernation, maybe longer, to pull up the monthly chart and declare ETH looks good while taking a long position. The strategy is simple: ignore daily volatility that might look like shit and lean on the monthly chart to do the work for you. Threadguy is so impressed by this approach that he plans to write the quote above his bedroom as his new favorite. He's also giving serious clout to DonAlt, calling him a crazy plumber who used to hoop in the NBA before Jerry West became the league logo. It's a reminder to skip all the noise and distractions in favor of the bigger picture.
Transcript (en)
I'm going to give some clout to Donald, by the way. Donald deserves some praise. Came back after eight months hibernation, maybe more. Pulls up the monthly chart. Says, ETH looks good. I'm long. Skipped all the bullshit. Skipped everything. and he has this quote. It's my new favorite quote. I'm going to write it above my bedroom. Crazy plumber Don. I mean, Don was like, he was hooping in the NBA before Jerry West was the logo. I mean, he is like as plumber as it fucking gets. And he has this quote and he said, let the daily look like shit. Buy that and lean on the monthly to do the work for, Thank you.
