Author: Crypto BT Rick

Welcome to a new dawn of Pi in the crypto sky. It’s such a blessing to finally see this project moving on to the next phase of their development and upholding their plans to becoming the largest crypto project in the world. Congrats to the Pi Network Team and all of the Pioneers who remained patient throughout the last 3 years awaiting the mainnet launch.

There’s been so much hype, speculation and FUD thrown around in the past 48 hours after the Pi Network team has launched its tokens into the mainstream of the Cryptocurrency world on 2/21/2025. But, more uncertainty shown prior to the launch itself.

It goes without saying that everyone has their opinions of the project and its validity in the development and crypto marketplace, comparing it to other projects we’ve seen over the years. I’ve read about 50 various posts out here since 2/19. Some believers and some not so much a believer in this project. This includes some people stating that the project is a scam or a fraud.

While I’ve been a crypto enthusiast since 2014 and have tried many different airdrop projects, trading exchanges and for crypto claiming opportunities, the Pi Network app has been showing the most consistent behavior from the team since it began in 2018-19.

The reasons I’m going to personally reject the claims on the speculation of the Pi Network project and team being a scam or a fraud are given below. While both terms have basically the same meaning. This project has not shown any signs of deserving such a title.

1. They have not asked the community of Pioneers for money at any given time for their participation mining the tokens on the mobile app or desktop software.
2. They have not held any public crowd funding to acquire money from the general public to support the operations upheld by the development team.
3. While they’ve asked for personal information to support the KYC (know your customer) and KYB (know your business) requirements that the regulators and securities lawmakers demand, it’s not their motive for obtaining such information from the Pioneers as a whole for other reasons.
4. Since 2022, the Pi Network team has constantly warned the general public and the closed network community of Pioneers to stay away from other Pi Coin listings prior to the official announcement of the mainnet launch. This occurred when the Pi Coin appeared on exchanges like BitMart, HTX (formerly Huobi), and potentially other smaller exchanges listed the Pi Coin IOU. These coins were never a part of the closed mainnet and any participants involved in attempting to trade the coins were doing so solely at their own risk. Further, the pioneers were warned by the Pi Network team thru posts on the app’s chat and main page platform that if they were found attempting to withdraw or transfer their tokens outside of the closed mainnet prior to the official launch to the open maninnet, they risk forfeiting all of their tokens and their accounts would be banned indefinitely.
5. Based on these factors alone, I cannot see where anybody who has followed their specifically guided rules for the best possible outcome interacting with this project and the app for mining tokens can say they’ve lost anything of value doing so.

What’s Next For Pi After The Mainnet Launch???

Based on my technical analysis on the Pi Coin market price and structure at the time of this post. Pi Coin opened the market launch at a price reaching between $1.80~$3.40 per coin, depending on the exchange, within the first hour of trading. It then pulled back to as low as $0.60 cents per coin within the first 9 hours. An initial short 6 hour recovery back to $0.90 cents was observed before returning to retest in the $0.60~$0.62 cents range for the following 12 hours thereafter. Once the next surge began forming around 2/21 2:00pm UTC at a price of $0.66 cents, the price has since gone to as high as $1.70 on 2/22 during the 1pm UTC hour. Currently at the time of this post 2/23 3am UTC, the price is trading steadily around $1.30 (see image below).

There are many other factors to watch over the days ahead for Pi Coin’s performance. I will provide my list of “must watch for” events below:

1. Any announcements made about a listing on Binance and Coinbase will move the price upwards in a very volatile manner. Binance held a community vote within their platform to determine if they will potentially list the Pi Coin on their exchange. The voting ends on 2/27/25.
2. General crypto market activity might be quite volatile on or around 2/26/25 as there is a U.S. Senate banking committee  hearing scheduled for 2:30pm ET to discuss “Exploring Bipartisan Legislative Frameworks for Digital Assets”. Click here to see the article. The outcome of this hearing could affect prices globally in the market.
3. Normal continued FOMO and FUD will continue to play a role during Pi Coin’s first several months in the space, as usual. But, market chart analysis usually holds a lot higher standard with trading than the news. Keep you head level and stick with your own research and plans for your trading experience.
4. International Pi Day is March 14th. Those who have been in the Pi Community over the years have noticed that this is usually a big event day for the project. Therefore, I’m expecting a possible surge in Pi Coin price now that mainnet has launched ahead of this special day.

My observations of the past and present market activity and news surrounding the Pi Coin listing. I can easily see a possible break in price above the resistance at the $1.30 coming in the days ahead. A breakout above $1.30 has previous resistance shown at $1.46 and $1.91. With other bullish news pending in the near future, prices could exceed the $2.00 mark by mid March. If so, there is no other price action from the past to base the next levels, thus a blue sky breakout would be in play and price discovery is always a fascinating thing to see!!! Stay tuned and enjoy the rides.

Disclaimer: Any of the information in this post or any portion of this website is strictly based on the sharing of my own research, opinions, ideas, market analysis and experiences dealing with the crypto space. This is not any form of investment or trading advice as you should always do your own research and use this post and website for informational purposes only. Thank you for reading. Stay safe and blessed always.

The charts below will give you a view of the coins listed by USDT Margin Only markets that we follow on a watchlist based on the KuCoin exchange only. All charts are defaulted to the 1hr timeframe and can be changed to a timeframe of your desire within the chart toolbar at the top of the chart.

Click or tap the name of the coin in the watchlist that you want to view the chart for in either market.

PHONE USERS: SCROLL THIS PAGE TO THE RIGHT TO SEE THE WATCHLIST

NOTE: If you do not see a chart with any of the markets listed, that means that at the current time there is no market for that pairing on that exchange based on the access that I have to provide it to you.

USDT MARGIN MARKET (A-L)

USDT MARGIN MARKET (M-Z)

Welcome BT Traders,

Overview

You all have done very well with the previous challenges to build your trading strategies to beyond the beginner level. I am very proud of all of you… 🙂

Now that you have some intermediate skills in your trading mindset, it’s time to flex it 3x with this newest twist in the challenge game.

Nothing has changed from the timing of when the week starts and ends, except the first week due to the time it has taken me to type up the rules and change the buy coin button form page. All other rules will still apply from the ongoing weekly challenges for the most part. Click here to see the main rules, if needed.

Pick 3 Challenge Rules Added – Is Priority Over Original Rules

1. Buy Coin button is open until Thursday 8pm USA or Friday 8am Philippine time.
2. You must pick 3 different coins from any combination of exchanges you choose to use. They can be from all on 1 exchange or a combination of 2 or 3 exchanges that we have been using on the challenges since the beginning of time.
   1. 1. If you must use the GC to submit your picks, please use this format in your msg: (EXAMPLE ONLY) WC-BUY: PICK1-KUCOIN-LONG-ENJ/BTC; PICK2-BITTREX-LONG-XLM/USD; PICK3-BITTREX-SHORT-ATOM/BTC
3. All 3 of your picks will have a buy price from the charts based on the timestamp of your form submission or GC post with the proper details.
4. You must send a GC with the following format: WC-SELL in order to close your trades with a sell price based on your timestamp at any given point during the week prior to Friday 8pm USA or Saturday 8am Philippine time. If you fail to submit a sell post in the GC prior to this time, then your sell price will default to the current market price on each of your 3 trades marked Friday 7:59pm USA or Saturday 7:59am Philippine time. NOTE: I will not use the Sell Coin button on the form because I don’t want to hinder anyone from getting their entry posted in a timely manner due to any issues with the website.
5. Once you have submitted your WC-SELL in the GC, that will lock your profit/loss in place for the duration of the challenge for that week.
6. There will be a “virtual” amount of $300 base starting balance for each player. Each trade will be using a $100 amount until further notice. The rankings posted at the end of each week will be based on whose balance is highest based on total profits earned from all 3 trades combined.
7. There will be a daily update of the challenge status done around the same time that the Market Summary page is posted in the A.M. and P.M. See the example pic below to get an idea for what to view in the status each day.

Tips For Managing Your Trades

1. It’s a good idea to monitor the market 1-2 days to see which coins you are mainly interested in before making your final picks.
2. When picking your buy time, it would be best to know that all 3 of your picks have a very good position no matter which type of trade you are selecting “LONG” or “SHORT”.
3. You should monitor the price levels of your trades combined with the current profits that are shown in the status update throughout the week to make the best choice of when to post your WC-SELL.

LONG & SHORT Trade Notes (Updated 4/9/2022)

1. LONG trades have no restrictions on being used at any time. Because a LONG trade is simply a “normal” trade where you buy low and sell high. While SHORT trades are of a different type of way you have to open or buy that trade and is only found in the Margin Trading accounts.
2. We will be using “all coins” from “any exchange” to be used across all exchanges thru the first week of the challenge. But, starting week #2, we will have a specific list of “Margin Trading” coins that you can select if you are using a SHORT trade. The “Margin Trading” options are only available on “KuCoin” and “Gate.io” exchanges. Please make sure you know this before making your picks.
3. SHORT trades can only be picked from the newly posted KuCoin Margin market lists.

IMPORTANT NOTE: (UPDATED 4/9/2022) Due to the bearish market times we have faced over the last few months, I must reduce the amount of rewards for the time being to enable me to replenish the funds that were set aside for this purpose months ago.

While I build this budget back up to minimum levels to allow me to continue doing this challenge with real earning rewards, I will now only send 10 XLM to each participant that plays the challenge. 

The top 3 winners each week will be entered into a 1 week trade using a CA that I will designate a certain amount of funds where that winner can earn true profits the following week using that account.

There can be repeat winners only in 2nd and 3rd place since 3 accounts will be used now so that we keep the group having a fair chance to use those accounts ongoing.  The first place finisher cannot repeat. In such case, the 2nd place winner will use the CA1 and the 1st place winner will use the CA2 for the upcoming week.

Once all participants have had a chance to work with the TA, then we can reset the eligibility. If a participant misses any weeks then they would have to be in line after the eligibility reset is done. So please everyone try to not miss any weeks!!! I will announce when the eligibility reset has been reached.

Thank you everyone in advance for your understanding and continued enjoyment with these challenges… 🙂

Hello BT Family. I pray everyone is doing well.

Previous Mentor’s Memo Posts

Click the “Mentor’s Memo” button on the main page to access previous posts. Main page button is at the bottom of this post.

Pi App Update

We are waiting now for the KYC process to be announced. Stay tuned for instructions. Once I know what to do with it, I can give you all some guidance. 🙂

Bearish Or Bullish Market???

I have been over and over and over and over again about the possible market dumps over the past couple of weeks. As of this week, it “looks like” the market has turned bullish on us after the war with Russia and the Ukraine have caused prices to change up and down in short spurts.

But, beware of the possible selloffs as people who  are understanding the market structure are only out to take profits as high of a percentage as possible in bearish times. These fake out market pumps in the bear market times can be very confusing and could cause you to let your guard down.

So, please stay alert and even if my initial analysis does not show an immediate market reaction to suggested moves. Just know that it will likely happen at some point when you’re least expecting it. 🙂

Watch Steve’s Video About The Macro Market Trends

Of course Steve at Crypto Crew University is where I have learned more than half of my chart TA skills from. I completely respect and follow his knowledge to help me get better with my own personal skills as a trader and mentor.

He posted a video earlier today that I decided to watch. I don’t watch his videos every week like I used to do. But, every now and then, I take the time to watch just to see if where my initial thoughts are do line up with his in some way…

Now that you guys have been taught some of the usual trader’s jargon or slang, you might be able to understand what Steve is pointing out in his video for us to know about the possible moves of the long term picture of the macro market setup. Enjoy and learn… 🙂 Click here to view the video… 

Certainly ask me any questions if you have them too!!!

Weekly Challenge Results

I took a moment today to pull an analysis of what the amount of rewards that the group has received for participating in the challenges. Starting the first challenge in December 2021 until last week’s payouts, the rewards totals that have been earned for participating has been a total of $840 shared among all participants.

The participants who have beaten “your mentor” for the entire period are Princess and Jane… 🙂 Congrats to you both for having continued success making better picks than your mentor over the total of 3 months… LOL

I am still proud of everyone being able to see success in making picks. I pray that everyone is using their rewards to fund your own personal trading accounts to build wealth.

As of the end of this month, we will no longer have the same kind of payouts as we have seen up till now. We will run a monthly challenge that has weekly updates to the monthly totals.

At the end of each month, the final rankings will be based on averages and not just who is ahead in each individual week. This new challenge format will run thru the end of 2022.

It will teach you how to adjust your trade positions in real time along with how to move trades around to capitalize on your existing trades. 

For now, just enjoy the new “LONG” and “SHORT” format. I think you will have much fun and success with it.

Chart Drawing & Market Trends (NOTE I am working on this)… 🙂

For those who would like to know how to draw the lines on charts and define the trends on a market I will be hosting some tutorial videos for how to do these things on your phone or computer.

The videos will be simple 1-2 minute lengths where you can practice the process in your own time. Please look out for the announcements with the specified links to come in the days/weeks ahead.

Enjoy them and learn well… 🙂

Hello BT Traders,

I hope that you’ve been having fun with the weekly challenges. It appears all of you do enjoy this way of earning while learning. 🙂

From what I’ve seen over the past 2 months is that each of you know how to pick a good trade setup based on basic info provided to you on a regular basis.

Now that I’ve seen that you all can handle the basic fundamentals of picking a good trade setup, I have a new twist to add to your knowledge and skill as a trader that will make these weekly challenges even more fun and competitive amongst us.

As I continue to teach you a more skills as a trader with basic knowledge and strategies at all times. I think everyone is ready to learn how to trade the market downward as well as continue to trade it upward.

What I mean by this is using the two terms or “long” and “short” positions in your trade buys.

Long & Short Trades

“Long” positions are simply what type of way you’ve been trading all along. You buy at a price and sell at a profit when the price reaches your desired sell price target(s).

“Short” positions are simply the opposite. You would open your trade and immediately sell your coins at that price for cash balance and then buy the coin back again after the price drops to a certain level.

To be able to use this type of trading, you must be in the “Margin” or “Leverage” part of your trading exchange site.

More training on how to take full advantage of that market will be taught after I’ve been able to see that everyone has a very good basic understanding of how it works. This will be determined from what I see in the weekly challenge results in the weeks ahead.

The Basic Result Of A Short Trade

In the bear market times, “short” trading is where you can simply earn profits like this when the market is dropping. “BUT”…you must also complete two other steps to retain those profits earned.

1. You would be buying the coin at the low price that has reached its point that you’ve targeted.
2. You would payback the loan you took for using the funds to buy and sell that coin in the beginning.

The 5 Step Process Of A Short Trade

While this sounds a bit confusing. It is simple as this…

1. Decide when you “think” the market might be dropping significantly and open your “short” trade order by borrowing funds against your balance to buy the coin you want to buy.
2. After you open the short trade with the borrowed funds, quickly sell the coins you received from borrowing back to the USDT or USD market.
3. Wait for the market to drop to the lower level target(s) that would earn your profits.
4. Buy the coins back again at that lower price with the USD you have available.
5. Payoff the loan you received in step 1 and the remaining funds is yours to keep.

The Weekly Challenge Using Long & Short Buys

So, now that I have explained “long” and “short” trading to you. It is a great thing to practice how this works using it in our weekly challenges.

Starting next week, I will open a new option in the buy window that is going to have “LONG” and “SHORT” to pick from.

If you select LONG, it would be always the same as you have been doing with a buy low and sell high mindset.

If you select SHORT, you will want your coin’s price to drop as low as possible to get the 10% profit level on the low price target from your buy price entry.

If you are a bit confused for how this will work best for you to understand it better. You might want to see how I make a trade using the “Short” buy. I plan to do that next week as an example to give everyone.

If you still have any questions about what you have read so far, please PM me.

Best of luck every week to everyone!!! 🙂 Take care always and God Bless us all…

Hello BT Family. I pray everyone is doing well.

Previous Mentor’s Memo Posts

Click the “Mentor’s Memo” button on the main page to access previous posts. Main page button is at the bottom of this post.

Pi App Update

Please everyone who is on the Pi Network app, ensure that you have your phone verified; browser app installed; wallet created and verified on the mainnet; and lockup rates have been configured. IMPORTANT: The launch for them doing the token transfers from our mining balance to the wallet balance will take place sometime on 3/14. If you have not completed all of these tasks, please visit the main page and click the button for “Pi Network Main Tasks”. Each button on that page will guide you thru the process of eat task.

The Importance Of Remembering Your Passwords In Crypto

Take a look at this short video by Steve and you will see why I keep stressing about remembering your passwords and/or private keys to your accounts or wallets in crypto!!! 🙂

Click the link below to access the video.

Guy Could Lose $244M USD in BTC stored in his wallet

Weekly Challenges – Proud Mentor… 🙂

I am absolutely proud of all of you for being able to see profitable decisions in your weekly challenges over the past 1-2 months. It shows me that everyone, and I do mean everyone, knows how to find good setups to buy a coin that could run at least 10% in a matter of 1 week, despite the “bearish times” we are in.

Keep up the great learning and understanding you have in this game and you will surely prosper huge during the next bull market that should be here in the later part of 2023… 🙂

Trader’s Reviews

I have completed this first round of educating 10 people in the crypto and market trading game. I’ve recently sent out my reviews of the last 4 people that have been in the game since middle to late part of 2021.

Congrats to everyone for becoming knowledgeable in market trading. This skill will empower you to go earn money whenever you want to in the markets (crypto and stocks).

Just watch the charts. They all spell out the same thing no matter what market you decide to trade in. I will continue to provide other advanced tips that you can benefit from. But, it will not be lesson based, only tips.

My mentoring will continue to be available to all of you. Simply ask questions at any time on whatever subject within the markets or charts you want to discuss. I’m an open book for you exclusively… 🙂

I wish all of you the best of success and profits in the years ahead.

Chart Drawing & Market Trends

For those who would like to know how to draw the lines on charts and define the trends on a market I will be hosting some tutorial videos for how to do these things on your phone or computer.

The videos will be simple 1-2 minute lengths where you can practice the process in your own time. Please look out for the announcements with the specified links to come in the days/weeks ahead.

Enjoy them and learn well… 🙂

Use the buttons below to go to the page you want to view. RED buttons are mainly for task items you might need to complete.

Hello BT Family. I pray everyone is doing well.

Below are some key bits of info you might want to keep in mind over the next few weeks ahead.

Previous Mentor’s Memo Post

If you did not see the link or need to review what was said in the last memo post, please click here to view it…

NOTE: A new button has been added to the Main Page for easier access to all of the Mentor’s Memo posts.

Some Trading Setups By Who I’m Following

From time to time, I might post some trade setups from guys that I follow between YouTube, Telegram, Discord & Twitter. Most recently on 3/1, Crypto Rand posted something in his Discord group. Please see the screenshot below.

Basically, he’s suggesting to keep an eye on the following coins over the next few weeks: ADA, BNB, XRP, SOL, LUNA, DOT, AVAX, MATIC & ATOM.

Weekly Challenges – Did You Know???

I want you to know that I am extremely proud of everyone who has participated in the weekly challenges since we started the newer formats in December 2021.

What you probably did not know about yourselves is that these challenges are a way for you to “see how you do” in a trading setup during the most difficult times to trade in this bear market.

Give yourselves a pat on the back. Everyone has picked a trade at least 2-3 times since the major market dump in January 2022 that has produced a profit “if it were a live trade”. 🙂

Feeling Bad About Your Trading Performance???

I have gotten some comments from a few people over the last couple of months suggesting that they are either very upset that they are not earning good in their trades; or their trade decisions are making them feel like they cannot do this type of trading anymore because they are losing.

I have to give you a bit of insight on what you need to focus on. Especially if you want to master the craft of good to great trading. 🙂

1. Markets go in waves. You cannot be perfect at any time to get the bottom of the wave or know when the wave has reached its actual peak. You must take notes of what went right and wrong to prepare for the next time you make your trade decisions.
2. In a bear market, you will never regain your previous losses in a short period of time “in most cases”. So, do not sit around waiting for the market to just jump into the bullish world. Take what the market gives us and play with that for the time we are in.
3. Do not compound your problem by “thinking” you are jumping into a trade at the right moments. Ensure you have gone thru your buyer’s checklist regarding the RSI levels and market structure pattern to make your best decisions when buying and/or selling.
4. If you look at the January CPFT results, please tell me where anyone could have really earned much in any trade. LOL. When I saw that table, I could only squint my eyes and open slightly with one eye to see if I was looking at the reality of only a 50% effective rate of earning a 10% gain on any of those picks for the entire month.

To view the CPFT results of January, simply visit the CPFT page and look at the table for previous month’s results and find the table for January 2022. Much RED to be seen there. Blood bath for sure…LOL.

As you continue to trade every day, week and month. You will surely come across periods of time that are not so nice to you. But, you must keep a positive mind open that nothing continues to go up and nothing continues to go down in this market.

Q1 Trading Gems Update

Now that we are in March, it’s time to take a look at the current status of what my Q1 trading gems are based on my forecast given in mid-late January to earn into March-April.

The current status and analysis of each coin will be finally determined “IF” the market does reach the projected peaks that were mentioned in the January analysis.

No matter your decisions, always use your stop limit strategy until the market has reached at least the 20% gain level for your trades…

1. ROSE – current price $0.24 USD is well below the previously reported major support price of $0.30 USD; great bargain buy at current price.
2. HBAR – current price $0.218 is right at the previously reported major support price of $0.22 USD; still a good buy at this level for max possible profits.
3. ENJ – current price $1.45 USD is well below the previously reported major support price of $2.10 USD; great bargain buy at current price.
4. HIVE – current price $0.98 USD is slightly above the previously reported major support price of $0.93 USD; can still consider to buy at the current price for possible projected max profits to be seen.
5. ATOM – current price $32.00 is above the major support price of $21.30; price did drop to $22.00 prior to now; buying at the current price is still a good position for nice possible gains based on projected peak price.
6. RACA – current price $0.00157 USDT is below the previously reported major support price of $0.00206 USDT; great buy at current price for possible max profits based on projected peak.
7. FTM – current price $1.85 USDT is well above the previously reported major support price of $1.26 USDT; market dropped as low as $1.31 on 2/24; buying at current price or below is still a good position based on possible market peak to be seen soon.
8. ALGO – current price $0.87 USD is well below the previously reported major support price of $1.29 USD; great bargain buy at current price for possibly higher profits than originally projected.
9. SUSHI – current price $2.82 USDT is well below the previously reported major support price of $5.05 USDT; great buy at the current price.
10. SYS – this coin is being added after the survey from the group for which coin to make #10; current price today is $0.58 USD; pattern is in a possible head of an inverse head and shoulders; according to downtrend line on the daily chart we could see a breakout by end of March into April and retest higher prices near the last peak of around $1.20 USD; if price does reach this level in the near future, it would be around a 90-110% gain opportunity.

Hello BT Family,

On this page, you can view all of the Mentor’s Memo pages that have been posted over time. Each post will have its post date so that you know which one’s are new or that you’ve already read; or want to go back to review, if needed.

Simply click the link of any post and you will be taken to that page… Enjoy your readings!!! 🙂

• Posted 3/1/22
• Posted 3/5/22
• Posted 3/10/22
• Posted 3/19/22
• Posted 4/1/22