CVX (CVX)

$CVX In this type of range the trader's patience and emotional intelligence are truly measured. A strategy as simple as buying near the bottom of the range and selling near the top is extremely profitable in this case: 42% gain on each upward swing and purchases at a 30% discount after downward swings (excluding shorts). 189 days in the range, but only 7 good buying opportunities and 5 selling opportunities using this strategy. That means 94% of the time waiting and only 6% executing. It sounds quite simple, right? It is not at all. When you spend so much time waiting, your emotions start working against you: 1) “Why buy before it reaches the extremes? It should be at the extremes. Will it really reach the extremes?”. 2) “Another day waiting. I feel useless. I need to do something. What if this time it doesn’t reach the extreme?”. 3) “X coin is moving faster. That must be a better opportunity. I’ll leave here and buy the other coin”. 4) “This time I won’t buy/sell at the lower/upper limit. What if the range breaks to the upside/downside? Impatience is every trader’s number‑one enemy. #CurveFinance

Happy 5th year anniversary, @ConvexFinance 🥂

Happy Birthday @ConvexFinance! Next 5 years will be when the fun really starts for $CVX. 📈 https://t.co/qfttJGdree

Convex turns 5 years old on May 17th. Happy to have the "OG" role in the official Convex Discord as I joined it in 2021 close to launch. If you've joined before May of 2024 it's still possible that you will have a special role in the Discord and be eligible for some potential "rewards" in the coming week. Be sure to check in to the Discord to make sure your roles are set up so you don't miss out on whatever it is they have planned. Happy (almost) Convex eve, llamas 🫡

RT @CredibleCrypto: The longer the consolidation, the greater the _________. Patience fam.

"Been recognizing rewards of 15-20% APR and collecting every Tuesday as scrvUSD for over a month now." A new $CVX locker who used my recent tutorials to successfully lock his tokens and earn consistent, passive yield. I'll include links to the tutorial at the end of this tweet but I want to bring attention to the 3rd point in the quoted tweet below: Many people ask me if I think it's "okay to start a fresh lock for 4 months right now" with the concern that they won't be able to take profits/sell when $CVX has pumped into new all time highs if it happens in under 4 months. We know that when the market heats up and alts start making major moves at the end of the cycle, we can see monster moves that happen VERY quickly so this IS a valid concern imo. You can either lock your tokens now and hope you won't need to sell them within 4 months, not lock them and earn no yield, OR take a "hybrid" approach which is what the user below described: That is, instead of locking all of your tokens at once, break down y

On month 19 of consolidation in this bottom range. Very confident that at some point we will break out and close the 600% gap above us- when exactly that will happen is harder to say. At current price of around $2, that would coincide with a move to around $15+ which is exactly where our HTF supply zone starts- so it lines up nicely. Just a waiting game for now.