Tag: Crypto Trading
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Why I Never Bought Into The Recent Pump
At This Moment As I am writing, Bitcoin is trading above $22K, $22.212 to be exact. I know a lot of Crypto traders and speculators are all over this pump but I remain wary and have chosen not to go long. There are a few reasons for this, which I will disclose in this post.…
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Bitcoin – Prepare For Heavy Downside Movement
Lets’s Recap Recently, Bitcoin retested the $18K level, which is what I said I was expecting and hoping to see. As mentioned some time ago, I pointed to this as a key deciding factor. Either the double bottom formation would be validated or rejected, simultaneously providing an indication of where the market was likely to…
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Successful Crypto Strategies = Constant Growth & Adaption
You Never Stop Learning A key indicator that your Crypto journey has not become stagnant is your ability to continue learning. This is evidence of growth, as one requires further understanding and knowledge in order to perfect an already great strategy. If your understanding does not deepen then you are destined to continue your approach…
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How To Harness The Price Performance Of Crypto With Reduced Risk
Short-Term Gains One of the most attractive aspects of Crypto is the investment time frame. Investors generally realize significant gains in little to no time, especially when compared to traditional investment vehicles. What I want to address is perhaps more applicable to trading as opposed to investing. Why do traders choose Crypto as an asset…
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Don’t Fall For The Trap!
Your First Time? If this is your first Crypto bear market then you might be considering throwing in the towel. After all, alts are still down significantly, regardless of the recent pump to the upside. Not only that but regulatory concerns are on the rise. The SEC has also gone as far as to suggest…
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Price Action Can Be Deceptive – Look To The Charts
Charts Display More Than Price Merely observing the price action “in the moment” is extremely deceptive. The previous candles on a low time frame chart mean nothing when measured against the long-term trend. Charts reveal so much more than price. Traders and investors who only consult the “price metric” will most times come away with…
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The Discipline To Trade
Temperament Is Important Just like with most things in life, certain career paths are better suited to certain temperaments. This is a very important “law of life” which should be considered by anyone looking to trade as a full-time career, or even as a side hustle. Some people are simply not cut out to be…
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Binance & FTX Display Why They Are The Top Dogs
The Number One Reason In all my years of business, I have seen businesses and even business empires fall due to one common cause, greed! You can easily identify if you suffer from the same problem. Did you set aside cash/stablecoins during 2021 and early 2022? When prices began to drop did you rush to…
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My Next Three Months In Crypto
A Clear Plan No matter what you decide to tackle in life you always need a plan. When I take a closer look at my own analysis of Bitcoin I can see a potential bottom around September. So, I am working around that timeframe. This could come sooner, or even later. However, September appears to…
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BTC Is About To Provide Another Trading Opportunity
Predictable Range Bitcoin has been moving in a rather predictable range over the last while and it makes sense that eventually, it will move into a “new zone” This often takes place rather unexpectedly. We saw Bitcoin hit the $32.000 mark recently only to suffer a severe rejection. Bitcoin is now attempting to break this…
Sapphire Crypto 