Premium Group Questions
Some of the most commonly asked questions about our Premium Trading Group from those interested in joining:
The Cracking Cryptocurrency Premium Trading Group aims to provide aspiring traders with the education and acquired skills necessary for long-term success. We begin by explaining our fundamental approach to the markets: objective strategy building versus solely discretionary and subjective trading. We emphasize a systems building approach and provide a comprehensive educational program on how to effectively realize the goal of becoming a consistently profitable trader.
Contrasted to many ‘educational’ groups focused mainly on signals and the mechanics of how to trade, our program provides a complete education on all aspects of becoming a successful trader and not simply being dependent on signals or a system built by someone else. We provide our students with the tools they need to create their own system, and therefore, their success. We do provide signals to assist in transitioning to a new style of trading, however they are intended to serve as a guide to bootstrap profitability, not a crutch to be perpetually leaned on. Our earnest desire is that a student takes advantage of our approach and builds their own trading strategy that will be robust and unique to them.
We do provide proprietary indicators that many will find invaluable in their approach to the markets. However, we also provide educational material on how to build one’s own indicators as well as how to use the free marketplace of indicators to find their own preferred signal generators. Nothing that we provide is intended to be irreplaceable, except for our educational approach.
Once a new member has gone through the introductory material, we move onto the meat of building their strategy. We explain the different types of strategies traders execute in the marketplace, and emphasize what we believe to be the correct approach for long-term success. We then begin a step by step process of selecting and testing the recommended components of a robust trading system one by one as a trader continually works to improve their Win/Loss Ratio of their tested model.
After a student has gone through the bulk of the material to construct a profitable trading model through rigorous selection and backtesting, we begin introducing their model into live trading. We examine feedback and look to make any last minute adjustments that might be needed as their data model evolves.
Finally, with the last step complete, a student introduces their system with our recommended methods of capital and risk management into the live marketplace to trade fearlessly and consistently.
Once a trader has mastered a consistently profitable strategy, we provide on-going support and mentoring as well as additional education on how to add certain levels of discretion and nuance over time so that a trader can fully flesh out their own unique trading strategy and style, making their system as powerful as possible.
In addition to our educational program, our supportive community provides a warm home in the vast and often chaotic ocean that is the profession of trading. As your peers, we will continue to inspire, challenge, and push you to continually improve and prosper. We welcome you to join us on this exciting and every evolving journey of becoming a successful, competent and consistently profitable trader.
Contrasted to many ‘educational’ groups focused on teaching an aspiring student how to ‘trade’, we emphasize education not dependence. We provide our students with the tools needed to succeed and build on their own system and individual strategy. We do provide signals to assist in transitioning to a new style of trading, however they are intended to serve as a guide to bootstrap profitability, not a crutch to be perpetually leaned on. Our earnest desire is that a student takes advantage of our approach and builds their own trading strategy that will be robust and unique to them.
In addition, we provide proprietary indicators that many will find invaluable in their approach to the markets. However, we also provide educational material on how to build one’s own indicators as well as how to use the free marketplace of indicators to find their own preferred signal generators. Nothing that we provide is intended to be irreplaceable, except for our educational approach.
Our Lead and Senior Analysts boast an impressive history of trading results. You can view all of our historical monthly results here.
While we cannot guarantee your returns what we can guarantee is that our entire team is committed to vesting you with the best tools, signals, education, and support community possible to accelerate your growth to consistently profitable trading. Our team has beaten the performance of traditional index funds, strategies, and Buy and Hold returns on nearly every asset class, and we continue to grow and add more features and services every day.
We offer several different Subscription Packages to fulfill the different and growing needs of our many clients. Professional and Personal Mentoring is a service that we offer for those who will benefit the most from a truly hands-on approach to their trading experience.
We host a private group mentoring session for two hours a week for our Premium Advanced Members with our Lead and Senior Analyst Team.
In addition, we also offer personal One on One Mentoring with our Lead and Senior Analyst Team for our Professional and Elite Clients.
However, one important feature that is often overlooked is our Support Community. We host a large community of active and passionate traders, many operating with a high level of skill. Your peers in the Cracking Cryptocurrency Premium Trading Group are more than happy to talk to you about your current setup and many are willing to hop in a Voice Chat! We highly advise all our Members to leverage this powerful tool to improve their confidence and skill.
For more information on the benefits and services we offer, please visit our Plans and Pricing page here.
You will receive access to all of our services within five minutes of payment. Access to our Premium Indicator Suite on TradingView may take up to 24 hours depending on time of purchase.
If it has been longer than five minutes for the Premium Discord and Premium Google Drive, and longer than 24 hours for access to the Premium Indicator Suite, please contact a Staff Member or e-mail our Support Desk at support@crackingcryptocurrency.com.
Navigate your browser to https://crackingcryptocurrency.com/
From here, select the “Login with Discord” option in the top right.
Make sure to login with the Discord Account that you plan to use on our Discord Server. Once logged in, click “Plans & Pricing” in the header bar to go to a list of our different packages. Select the package that you want and click the “Go Premium” button at the bottom of that plan.
This will take you to the sign-up form.
Input your information and select your payment method. Once completed simply hit “Sign Up” at the bottom of the page and you’re all set! If you experience any issues please contact our Support Desk at support@crackingcryptocurrency.com.
Premium Member Questions
Some of the most commonly asked questions from our current subscribers:
Simply repeat the process as listed above for initial sign-up. For non-recurring payments, you can send an email to support@crackingcryptocurrency.com with your payment information and your account will be updated. For any questions or assistance please email our Support Desk at support@crackingcryptocurrency.com for assistance.
Cracking Cryptocurrency’s Premium Indicator Suite is available on the charting platform TradingView. If you do not have an account, you can register one here for free. Access to the Premium Indicator Suite may take up to 24 hours after your enrollment. Once access has been granted, you can add the indicators to your chart several ways.
First, you can open the Indicator Search function on TradingView as displayed in the screenshot below. Type “Cracking Cryptocurrency” in the search box and you will be able to select any of the indicators with a red lock displayed next to them, which denotes private indicators only available to Premium Members.
Secondly, you can add the specific indicators to your “Favorite Indicators List” on our TradingView Profile here and find them in the “Favorites” tab in the Indicator Search function. If it has been more than 24 hours and you do not seem to have access, please email our Support Desk at support@crackingcryptocurrency.com.
Access to the Cracking Cryptocurrency Trading Academy, where all of our educational resources are hosted, is granted within five minutes of subscribing. We currently host our material via a shared Google Drive, but in the near future will be migrating the content to the Member’s area of our website, which you can login to via your Discord account, just like you did for signing up.
There are two Google Drives, one for Premium Basic Members, and one for Premium Plus, Advanced, Professional, and Elite Members. Once you have subscribed, you will receive an email with links and access to the Drive, along with access to the Premium Discord. You can always check the “links” channel in “IMPORTANT” section of the Premium Discord for links to all of our most important content as well.
If it has been more than five minutes and you have not received access to the Google Drive, please contact a staff member or email our Support Desk at support@crackingcryptocurrency.com.
You can probably find what you’re looking for here. There are also some terms covered below in the Trading Related Questions section.
If you don’t find the answer in either of those places, ask a Staff Member or one of your peers in the Member’s Lounge. Google is a great resource for searching general trading terms and if all else fails, please send an email to our Support Desk at support@crackingcryptocurrency.com.
Google Drive Questions
Some of the most common questions related to using Google Drive:
This is currently under construction and will be uploaded to Google Drive soon.
Please watch the third New Member Onboarding Video entitled 'Google Drive'. Following that, check the discord “links” channel found in the “IMPORTANT” section. If you are unable to find the file there, ask a member of the Premium Community or post the question in the “members-lounge”. If you still can’t find what you’re looking for, please ask a staff member or e-mail our Support Desk at support@crackingcryptocurrency.com.
Most of the files are not available for download. This is necessary to prevent theft of our intellectual property. There are many options available to view our content: via your desktop computer via a web browser or the Google Drive program or on your mobile device with the Google Drive app.
Try opening the video in a new window as displayed in the screenshot below.
First, open the video file (double click on it) and press the start button. If you get an error message, click on the three dots in the upper right hand corner of the browser window and select “open in new window” from the drop down menu.
If this doesn’t work, you can try several other troubleshooting tips found here.
TradingView Questions
Some of the most common questions related to using Cracking Cryptocurrency's Premium Indicatiors on TradingView:
Access to the Cracking Cryptocurrency Premium Indicator Suite is granted within 24 hours after confirmation of subscription. Once you have been granted access, you can access our Indicator Suite on TradingView while logged into the TradingView account that you provided in the sign-up process.
You can either open up the Indicator Window, located near the top of your chart in the middle, and search for “Cracking” in the search box. You will see a list of all of Cracking Cryptocurrency’s published Indicators. The ones with red “lock” icons next to them are our private Indicators that you will now have access to and be able to add to your chart. Make sure to hit the star icon next to your favorite indicators, then you can simply go to “Favorite Indicators” and add them easily! You can also access them from the Cracking Cryptocurrency TradingView homepage under “Scripts” (hint: you can access the users manuals from this page as well).
If it has been longer than 24 hours and you have not received access, please contact a Staff Member or e-mail our Support Desk at support@crackingcryptocurrency.com.
Discord Questions
Some of the most common questions related to navigating and using Discord:
Important: Beware of scam DM's, almost always unsolicited, such as those offering "Free Prizes", "Free BTC", "New Exchanges", or asking for "help with BTC recovery".
Protect your Discord account, use a strong password, secure your account with 2FA where possible, follow good security practices, avoiding phishing emails.
First, please report all spam DMs in the "report-spam" channel under the "IMPORTANT" category. Please be sure to include the username and discriminator (the #0000), a screenshot of the message, and tag @Moderator. This will ensure that we ban that user as quickly as possible.
If you feel you are receiving too many unsolicited DM's from bots and spammers, and would like to block this feature altogether, go to discord > settings > privacy & safety. Toggle the "Allow direct messages from server members" and switch this off. This will block DM's for anyone who is not on your friends list. Warning: Other server members, the Cracking Crypto Concierge bot, and even staff members will not be able to make direct contact with you via DM if this option is disabled. You will have to add individual users you wish to communicate in DM with directly to your friends list first.
We utilize the Discord platform to create an engaging chat community for our members. Please review these tutorials we’ve created to guide you through getting the most out of your Discord experience.
General Discord Tutorial
Premium Discord Tutorial Coming Soon!
Trading Related Questions
Some of the most common questions related to trading:
Trading and Investing are two different approaches with the same goal in mind: to achieve success in the financial markets. Both approaches require active interaction with the markets. Investing looks to achieve large returns over long-term holding of an asset, generally with a time span of at least five years. Trading, by contrast, is far more active and harnesses market volatility on a monthly, weekly, daily or even hourly basis to take more frequent, but typically smaller, profits on those individual positions.
Investing, as stated above, is a more passive approach to achieving the end goal of profit, where trading is a more active approach. The goal of trading is to out-perform the returns of investing, and on a much shorter time frame. Whereas Investors may typically be content with a 10-15% annual return, traders might seek to achieve that on a monthly basis. As such, successful trading can easily be a full-time occupation and an opportunity to live a financially independent lifestyle in the now, whereas investing takes a long-term approach and is generally a side project for those generating their active income from another source.
At Cracking Cryptocurrency we are committed to harnessing the volatility of the Cryptocurrency and FOREX Markets to provide a sustainable income for those who wish to achieve a lifestyle of financial independence. Successful traders need volatility for opportunity, and there is no market more volatile than Cryptocurrency. Whereas long-term investing in Cryptocurrency has had mixed results, our entire company is a testament to the success of a systems approach to short-term volatility to secure profitable returns from the marketplace.
However, the Cracking Cryptocurrency community also emphasizes a successful investment strategy. Our job is to see and predict the short and long-term trends associated with our industry. As such, we are very committed to the long-term vision of decentralized finance and decentralized money, and fully back the long-term fundamentals of currencies like Bitcoin.
We advocate those who desire to maximize long-term success to approach the markets not with an "all-or-nothing" mindset as it concerns Trading or Investing, but encourage employing both as two forks of a comprehensive and profitable strategy. As such it’s important to segregate one’s investment and trading capital into two different "baskets" as it were. The reasons for this are practical and psychological.
One’s trading portfolio should be allocated in a very different fashion than one’s investment capital. Whereas the former may experience dramatic changes in holding and capital distribution, one’s investment portfolio should remain relatively stable over the course of months and years. Therefore, segregating these two accounts increases the likelihood that one will successfully execute the ‘buy and hold’ approach with their investments on the one hand, and on the other will not be tempted to employ a "passive" approach with their trading capital where the hard and fast rule is to ‘cut losers quickly’. Students learn all this and more as members of our community and participants in our educational program.
It isn’t illegal for an American to trade Contracts for Difference, or synthetic contracts, which BitMEX/ByBit Markets essentially are. The risk comes from the American regulators (CFTC) going after the trader’s counterparty, in this case the exchange. So the burden and risk lies on the exchange, not on the trader.
Click here for more information and taxation implications for BitMEX/ByBit Trading Profits.
When shorting Bitcoin with the end goal of acquiring profit in USD, one must keep in mind one key factor. If you hold Bitcoin, you are long Bitcoin. If you hold any Bitcoin, whether it be on an exchange or in a personal wallet, that Bitcoin is long and is exposing you to USD risk.
Therefore, you will need to know the exact amount of Bitcoin you own and it’s USD value to be able to short for USD profit. Otherwise, you will likely only be gaining BTC value and potentially losing USD value.
To short for profit, you will first need to put yourself in a cash neutral situation. To do this, calculate the dollar value of your Bitcoin holdings, and go short that number of contracts Bitcoin futures, whether that be on ByBit, BitMEX, Deribit, or elsewhere.
Now, you are no longer long Bitcoin, as you have neutralized your long exposure with an equal amount of short contracts, effectively putting you ‘flat’, just as if you were sitting in USD.
Now that you are cash neutral, you can calculate the proper position size for your short position based on your equity and the distance to your stop loss, per the Cracking Cryptocurrency methodology.
After a successful short trade, all of your profit (minus fees) will be USD profit on top of your existing account balance, which will not be affected by Bitcoin’s price moving up or moving down because it is flat.
You can also utilize other exchanges such as Bittrex, BitFinex, and Kraken to short Bitcoin with USD or other fiat margin as well.
It means opening a Short position at 1x leverage and is done to reduce your risk of holding an asset. For example, if you’re holding 10 btc on Bitmex or Bybit and price is $10,000 USD/BTC and you are not sure if the price will go $500 dollars up or down, then you can open a 1x leverage short with 100% of your balance, you won't lose USD value of your holding.
You can also accomplish this by taking one third of your BTC trading capital, transfer it to a leveraged exchange (if it’s not already there) and use 3x leverage. This is, in effect, the same thing as hedging your entire BTC trading capital with 1x leverage. One bonus to this approach is don’t need to hold all your BTC trading capital on one exchange and can keep the bulk of that asset in cold storage or on the different exchanges you trade on. This may be a more attractive option for individuals with large amounts of BTC or when some of their BTC trading capital is on exchanges that do not offer leveraged trading.
This is mostly done when you are not sure where the market is heading, or if the market is in no trade zone.
1x shorting makes your BTC position neutral or flat. If BTC price increases, your position shows negative ROI but your USD value of portfolio remains the same.
Some people also do it to earn funding fee. When the Funding Rate is positive, Longs pay Shorts. When it is negative, Shorts pay Longs. So people go 1x Short when funding rate is positive.
You are not actually losing dollars on ByBit. One of ByBit’s amazing features is that it displays the USD value of your trades as well as the BTC value of your trades, as opposed to other futures platforms that "trick" you by only displaying the BTC outcome of your trades.
Remember, that when you short the amount of contracts equal to your account balance, you are effectively flat, just as if you had sold your BTC and were sitting in cash. However, if you go short and the market begins moving up, you are, by definition, in a losing trade and must be losing something. Remember that for BTC Futures the margin is always Bitcoin, so therefore in a losing futures trade you are losing Bitcoin. ByBit is calculating the USD value of that loss.
However, remember that in addition to being short, you are also holding the same dollar amount in Bitcoin long. That means, that the dollar loss on ByBit is being canceled out by the increasing value of your spot holdings of Bitcoin.
In other words, the losses incurred on your short are being covered from the profits on your long. Conversely, the reason we hedge is in case price drops, the losses on your spot holdings are being covered by the profits on your short position. We are just looking at the exact same thing in both scenarios, just in reverse.
If you are holding the Bitcoin you are hedging on the exchange, you can easily verify this for yourself. When you open up your initial short hedge, go to the Assets tab and note the USD value of your Bitcoin holdings, write it down somewhere. If the market moves against you, in this case by BTC/USD going up, you should display a loss for the trade in the Trades tab. However if you click over to the Assets tab you will notice that the USD value of your account is still the same as when you first put on the hedge.
The Risk % number represents the total up-front risk of the signal. In this context, the Risk % number is the percent of one’s account balance that will be lost if a trade hits the posted stop-loss. By knowing one’s account balance, and position sizing appropriately (using the provided Position Size Calculator), a trader can know his total downside up front. This is an invaluable tool in managing multiple positions or assessing one’s decisions in the market.
This is a personal decision, mostly due to the familiarity a trader has with their risk management system. Justin has been trading based off of risk per trade in terms of distance to stop loss for years, so is very comfortable with that system. Other analysts may be comfortable with position sizing with Percent of Equity, as that is the system they may have been using for years based on their prior experience in other asset classes. The most important thing for a Member to be aware of is the difference, and to always check in the delivered signal for that information and adjust accordingly to your risk management strategy.
Each posted trade set up comes with following terms:
Ticker: This will tell you the ticker name of the coin, on which that trade is taken.
For example, if the ticker says DOGEBTC, then it means that trade is for Dogecoin in BTC pair. If it's ETHUSDT, then it means that trade is for Ethereum(ETH) on USDT pair.
Timeframe: This tells you what timeframe that trade is on, and how long that trade is valid.
Exchange: This tells you which exchange that trade was taken on.
Direction: This will tell you whether trade is long, short or hedged on that coin.
Entry price: This tells where we bought or sold that coin. A trade may have three entry prices with limit orders in a single trade setup.
TP: These are called Target prices. Every new update will show filled and unfilled targets.
Things to consider before taking a trade:
Every trade is posted with a lot of information. To check the validity of that trade, look at the timeframe of the posted trade and its chart. You should match the chart that we give with the latest chart on TradingView on that specific timeframe. You should only take that trade as long as there is no significant change on the chart until a new candle opens up.
A trade with "x" timeframe is only valid for "x" time. For example, if a trade is posted on a 4 hour timeframe, then you can only take that trade in the next 4 hours, before the new candle closes. Because in a volatile market anything is possible on the next candle, and you will get new values of ATR on each candle close, giving you different trading setup.
Remember that each trader is relying on their objective system. Wins and losses are both part of a naturally profitable system. The danger of subjectively picking and choosing which trades to take will often lead to an outcome where you do not end up choosing a preponderance of winning trades. Be careful to not allow your subjectivity to affect your profitability.
FTX functions a little differently from the other margin trading outfits that you’re used to trading on. FTX functions much like an older style brokerage. To use their margin you must have money deposited in the "USD" wallet, through either PAX, TUSD, BUSD, USDC, or HUSD. You may deposit these coins directly or deposit other collateral like BTC or LTC and then sell these to USD on their exchange. Once you have USD in the wallet you can take margin positions on their futures contracts up to 100x leverage.
Continuing the similarity to older brokerages, FTX does not offer isolated margin on its positions. What that means in essence is that, much like using cross margin on Bitmex or Bybit, the account's balance is at risk of being liquidated. Thankfully, FTX has a modern feature called sub accounts that allows you to mitigate this risk and create a child-account with its own margin, separate from your main account, that isolates the margin and the positions. This allows you to not only protect your account when required, but take opposing positions on the same contract without needing an entirely separate, unconnected account! Not a bad trade off.
While there does seem to be a correlation between price increases in Altcoins when Bitcoin Dominance drops, the team has been unable to calculate any sort of reliable algorithm around this metric. Therefore, it falls into the realm of “discretionary trading” if an individual can find a successful correlation that fits their trading strategy.
Market Capitalization depends on circulating supply and last traded price. In a very volatile market, therefore, this number and metric can change dramatically within a week. For trading purposes, again, the team has not found a reliable correlation between these metrics and signals. This again falls into the realm of “discretionary” trading.
For investment purposes, Market Capitalization can often be utilized as a metric for safer vs. riskier investments. However, as cryptocurrency is still in its infancy and represents the “start up” phase of investment cycles, what is a Top 10 Cryptocurrency today by Market Capitalization, can easily be delisted tomorrow. So take these metrics with a grain of salt. For practical purposes, the Cracking Cryptocurrency team relies on their Technical Analysis rather than these fundamental metrics at this point in time.
That depends on the nature of ‘bitcoin being bearish’. Overall, we see a high correlation between ALT/USD valuation and BTC/USD valuation. With very few exceptions in the overall cryptocurrency market cycle, we do not see many situations in which ALT/USD prices increase while BTC/USD price decreases over a noticeable length of time.
In our experience, we notice that ALT/USD prices perform well when BTC/USD price is appreciating. After a positive movement in Bitcoin’s price, we can see money flow into the altcoin sector and outperform Bitcoin briefly. However, once that cycle ends the money flows back into Bitcoin and Bitcoin either takes a leg higher, in which case your money is best held in Bitcoin for that time, or Bitcoin depreciates and Altcoins depreciate much faster.
Therefore, trading Altcoins needs to be nuanced, however in practice, we rely on our algorithmic system just as with any other cryptocurrency or currency pair. In general, it is much easier to trade and think in ALT/USD value and not ALT/BTC value. In practice, access to the margin and liquidity to do that can often be quite challenging, hence the USDT markets.
A general rule of thumb, if Bitcoin is sideways or appreciating rapidly, your eye can be on potential Altcoin trades. If Bitcoin is in a clear downtrend, Altcoins are best avoided, at least at this point in our market.
When measuring your PNL in USD terms and not Satoshis, trading ALT/BTC pairs becomes more complicated. One must always keep an eye on BTC/USD, as that is the underpinning of an Altcoin’s USD valuation.
Based on recent market cycles, we do not see a divergence in Bitcoin performance vs. Altcoin performance. We have noticed the following trends:
- Bitcoin depreciates: Altcoins depreciate more swiftly, hence ALT/BTC pairs tank faster than BTC/USD.
- Bitcoin appreciates: Altcoins appreciate but generally not as heavily or as sustained as BTC/USD, hence ALT/BTC depreciates.
- Bitcoin moves sideways: USD value flows into Altcoins. ALT/USD prices appreciate, hence ALT/BTC prices appreciate because BTC is relatively stable.
With the above situations, in Scenarios 1 and 2, you don’t want to long ALT/BTC pairs. In scenario 3, you can long ALT/BTC pairs but why should you? With BTC relatively stable, longing the ALT/BTC pair and ALT/USD pair is essentially the same.
Therefore, from a USD perspective, it is always easier from a risk management perspective to long an ALT/USD pair over an ALT/BTC pair whenever possible. Some of our best analysts do not look at ALT/BTC pairs, instead they always pay attention to the value of altcoins in USD value for their opportunities to enter and exit.
Now from a practical perspective, access to liquid USD markets can often be challenging to find for Altcoins. Hence the USDT markets offer many exciting possibilities that our analysts and members and take advantage of frequently.