Evidence driven method for timing execution in a bull market. Useful for both traders and investors. To avoid buying the top in FOMO, and to buy the dip like a pro.

Thread

Buy the dip:

When perpetuals' funding is flat to negative (negative is best) and/or perpetuals-spot basis is negative, one has green light for buying. Stagger orders if unsure about the level.

Do not sell the dip, buy it instead.

Sell the euphoria:

When euphoria is present as reflected in funding or the futures curve, start taking partial profits here and there. If not taking profits, at least refrain from opening positions in these circumstances.

Do not FOMO, will cost you money in the long run.

This will never get old. Listen to it for internalizing why you have to buy the dip.

Specifics:

- Funding flat: 0.01% every 8 hours.
- Funding unsustainable: >0.1% every 8 hours.
- Futures quarterly basis unsustainable: >23% (this will vary)

Use $BTC rates as benchmark for the whole market.

Can check funding rates here: https://www.viewbase.com/funding 

Combine with basic technical analysis (fibonaccis and moving averages) and odds are very high will do very well.

Can add tape reading and/or intraday volume analysis to further improve timing, though this is very demanding, and not for everyone. The above suffices.

Here's a thread on using fibs https://twitter.com/krugermacro/status/1219271076317945859