Notes on process,
risk and cycles.
Plain-language education on position sizing, leverage, market cycles and protecting your capital, from the Crypto Renegades team.
Security and Scams6 min readCrypto scam reporting: where to report it and what happens next
Report a crypto scam in this order: the exchange you sent from, the FBI at ic3.gov, the FTC, your local police. What each report gets you, what it doesn't, and the one step almost everyone skips.
Chad Wittfeldt
Security and Scams8 min readCrypto recovery scam: are there any legitimate crypto recovery services?
Almost none of the companies advertising crypto recovery to individuals are legitimate, and the FBI counted $9.9 million lost to fake recovery firms in 2024. Here's the bad news, then the only good news there is.
Chad Wittfeldt
Security and Scams8 min readGot a Coinbase scam text with a verification code? Don't call.
A Coinbase scam text is a mass-sent message with a phone number to call. I called one and recorded the call. Here's what the texts say, how the call runs, and the one-line answer.
Chad Wittfeldt
Risk Management9 min readMultiple Timeframe Analysis: Context From Every Timeframe
A 15-minute pattern supports a 15-minute sized move. Here's how lower-timeframe structure builds the higher timeframe, with a worked Bitcoin example of a matched target and a mismatched one.
Chad Wittfeldt
Risk Management8 min readThe 1:3 Risk Reward Ratio: How to Calculate It and Use It
Most setups on your chart should be passed on. Here's how the 1:3 risk-to-reward filter works, the breakeven math behind it, and a worked Bitcoin example where patience did all the heavy lifting.
Chad Wittfeldt
Risk Management11 min readStop Loss vs Limit Order: What a Stop Really Protects
Your stop decides when you get out. The market decides the price. Here's how slippage, gaps and order types really work, and how to size so a bad fill still fits the plan.
Chad Wittfeldt
Risk Management8 min readHow Much Money Do I Need to Start Trading Crypto?
With $1,000, a 1% risk per trade is $10 and the stop decides everything else. Here is the three-step method, a worked ETH example and where leverage fits.
Chad Wittfeldt
Risk Management10 min readIs Day Trading Gambling? The Difference Is the Process
Leverage trading is gambling when the decisions change every trade. It is not when the same seven decisions are made in the same order with fixed risk. Cause and effect, the Decision Protocol and a trade done both ways.
Chad Wittfeldt
Risk Management10 min readWhat Leverage Should I Use? Size From the Stop First
Leverage is an output of your stop distance and dollar risk, not a choice. A table of stop distance against effective leverage at 1% risk, and a worked trade that picks the setting last.
Chad Wittfeldt
Investor Mindset5 min readIs a Trading Course Worth It? Why Most Courses Fall Short
You paid to learn this once already. If you're still breaking even, the missing piece is rarely a better strategy. It's the risk and review layer most courses skip, and nobody can audit a process that doesn't exist on paper.
Chad Wittfeldt
Risk Management10 min readTrading Plan Example: The Checklist Before Every Trade
Most traders answer the right questions in the wrong order. The Decision Protocol is the seven-step checklist Crypto Renegades members run on every crypto position: five decisions before the order goes in, two after it closes.
Chad Wittfeldt
Security and Scams7 min readCrypto Scam Red Flags: 9 Warning Signs to Walk Away
Most crypto scams run the same playbook. I have tracked it since BitConnect, through today's fake trading groups. These are the red flags, and how to verify anyone before you trust them.
Chad Wittfeldt