Crypto oldies, you still remember this If you're part of the crypto class of 2021/2022 then you most probably don't know about these predictions that rocked crypto world at the time. On the 21st January 2019, an anonymous user on 4chan predicted that the price of Bitcoin by April would be $5,300 and crazily enough it came true. He/She also predicted that by July of 2019 Bitcoin would then be trading at $9,200, funny enough this also came true and at this point many who…
Indicators to help your trading. When going into Cryptocurrency trading, the goal is to be profitable. Everyone knows the risk involved of losing your capital can lose your capital, but the allure of making money far outweighs the risk. To further contain these risks and make your trading more profitable, there are some basic indicators that can help make your analysis more accurate and increase profitability. In no particular order, these indicators are: 1) The RSI: The RSI…
Are your investments in great projects? At this stage we're all down significantly, I personally am down about 50% in my entire crypto portfolio holding and well it isn't a nice feeling at all. If you were able to sell the top and avoid the dump, I honestly envy you . I was able to sell top on a one or two of my altcoin holdings but nowhere near enough. But while it does hurt to be down, I reassure myself that it will all come back if I don't become a forced seller. This is…
In market conditions like these It wasn't about the money we made, it was really about the friends we made along the way xD. The market truly gave us one of the greatest bull runs in the history of bull runs and now we are going through some similar tribulations. While many believe that it is the start of a bear market I am not quite of the same opinion just yet. I believe that there was too much money in the market and it was definitely meant to implode at some point but I…
Are we still early? This is an everlasting debate on Crypto Twitter and there seems to be no satisfactory answer yet. The question is; “Are we still early to crypto”? Those for the argument believe that with the adoption already happening there’s definitely still more to come and that can only positively affect the price. Last year we saw the first country in the world accept Bitcoin as legal tender (El Salvador), we saw another country just this year (Tonga) accept…
My hedging strategy Every player in the crypto game knows that as much as there are enormous gains to be made, there is probably the highest volatility to be found, one that can wipe you out very quickly. As someone who is very active in a bunch of markets, from the crypto market to the stock market, Forex and even Indices trading, I understand volatility a lot. Crypto volatility however is a crazy game on its own. I stopped trading futures and crypto generally when I…
Top 5 Crypto Hacks!!! Any one who has been into crypto for at least 2 years has most probably experienced more than one hack or loss of funds. For all the life changing money that crypto can make you, it can also take away that money in the blink of an eye. Either through hackers constantly targeting these exchanges, protocols and projects that control massive amounts of user funds, or by the users themselves falling for scams, phishing hacks or rug pulls. Today we examine 5…
How to get rich off crypto airdrops!!! Crypto airdrops have grown to become a real thing and make very good money off these airdrops. In a lot of countries around the world right now getting $10,000 for free off an airdrop is a lot of money especially considering the inflation and the difficulty in earning. There have been some big-name airdrops this year like the Paraswap airdrop and the ENS airdrop amongst a host of others. Lots of other projects touted to have airdrops to…
The next wave of crypto adoption In the past 2 years we have seen different waves of crypto and blockchain growth. There have been varying stages that brought new users into the market. In 2020 we had Defi summer and we saw the growth and explosion of decentralized finance. Defi projects grew to crazy bounds and that attracted a lot of new people to the crypto market. Then we saw the NFTs book earlier this year. The love of Art and the earning potential that NFTs brought was…
3 Top alts I'll never hodl!! Just to clarify and put it out there, these are only my personal opinions and it doesn't take anything away from these projects. They are all doing big things and can be said to have achieved stuff, but you’ll never see me touching them or my money anywhere near these projects. When I first got into crypto I used to be a big Ethereum fanboy and I loved their tech, I still do, but as a small retail investor the gas fees are just unreasonable and I…
My Top 3 NFTs Usecase NFTs are the new rave, everyone seems to be making money from them and there seems to be a new drop every other day on crypto Twitter. Celebrities have wholeheartedly jumped on the NFTs bandwagon and every project I know today has already incorporated NFTs into their plans or planning to do so in the nearest future. Such is the hype around NFTs that once you get into the community, you need to have a strong will power to control yourself over-buying.…
Why do meme & shit coins have the strongest communities? As a Crypto Marketing Specialist who has worked with quite a handful of projects in my 3 years in the space, this is a question that never ceases to bug me. Apart from the Bitcoin maxis community and the Ethereum dev community, I don't think I have quite seen any other communities as strong and loyal as what we see with a lot of shit and meme coins. This question has lingered for so long because I know what it takes to…
Why I believe in Status Messaging!! “Private Messaging” is a word that we see casually thrown around these days. Even the most centralised of giants like Facebook and the likes who make a killing off selling OUR DATA also claim to be private messaging options. Casually taking the time to read the privacy policies that we many times unconsciously sign up for will leave you in awe as we basically give them access to all of our data and information. A quick glance across these…
Please be Cautious while Investing!!! I have seen it happen over and over again, like a scene from a movie that keeps replaying over and over. First market is in the red, then prices start going up and can't seem to stop going up. Everyone becomes euphoric and can't stop screaming "Up Only" and for good reason. It is literally the Up Only season, everything seems to go up. From solid fundamental coins to meme tokens and shit coins they all will be in the green. Fear and…
The Status Network Enigma The Status Network is an open set of projects that have over the years been building and are still building peer-to-peer technologies for people to transact in a safe and secure manner and communicate freely. Together, the network is building a suite of decentralized technologies from low-level protocols, to developer tools and even consumer products & applications that empowers people all over the world to take control. The Status Network focus is…
A Case for $SNT As I write this, Bitcoin is above $51k, Ethereum is above $3500 and it is both exhilarating and scary for what the future has to hold. As we have seen numerous times in the past when these two begin moving as they are now, they tend to drag the whole Cryptocurrency market with them upwards. We have already began seeing large moves for some alts, Shiba Inu has boomed like hell in the last couple of days and that is good news to tokens with solid fundamentals.…
My Status Experience..... I have been using the Status Network app for over a year and I am deeply in love with the multi-versatility that it offers. Status allows users to use a Private Messaging app, a wallet and a Web 3 Browser. It is one app that I would highly recommend to everyone looking to try something out of the norm, those looking to try a messaging app apart from the popular big me ones. While crypto adoption is moving forward, there are still many things all of…
Will there ever be an Ethereum killer? Since it's ICO in 2014, Ethereum has grown to in my opinion become the Chain of chains. It has overtaken the Bitcoin chain to become the standard for measuring growth in the Crypto industry. Ethereum has brought the most development to the crypto industry with the number of DApps it has brought to the scene. Ethereum was single handedly responsible for DeFi summer as 95% of the DApps were on the Ethereum network. I won't write this…
Privacy with Status.......... It gives me a quick, short chuckle whenever I see a lot of messaging apps from the big corporations that tag themselves to be ‘Private Messaging apps’ or tout themselves to be committed to the privacy or protection of their users data. The reason is pretty basic and not far-fetched at all, they always claim to be privacy centric, but they do not practice what they preach and are not in the least bit concerned about their users’ data. Their…
Following the Big money Many will wonder why I lead with the image I do, and it’s pretty simple. Following the big money names like Sam Bankman Fried has left me more profitable just buying and holding his picks than I would have thought ever possible. I remember with vivid memory, Sam talking about Solana at $2, if we had listened to him and bought and held all along, that would have been some pretty insane profits. I followed late on and bought and held, that was…
My top 5 altcoin picks right now This I am sure will be a very controversial list, while some of the altcoins mentioned here will be agreed on by all as solid picks, some others are just like the title says my personal views. First a back story into my experience in the financial markets and what qualifies me to write this piece. I started off in the foreign exchange market, but trading currency pairs never felt right to me and so I switched to Indices trading. While those…
Blockchain and Private Messaging “Private Messaging” as a word being thrown around sounds very ironic to me. The truth about it which most of us know but just refuse to discuss or think about is that those who claim to offer this much sought after feature are anything but private with our most important commodity, OUR DATA. Many have never read the privacy policies they unconsciously sign up for across several apps. A quick glance across these contracts would show that the…
Group Finance will change the world The concept of a DAO is one that is being thrown around a lot these days in Crypto. Every project these days either claims to be a DAO or plans to migrate to a DAO at some point. I believe the concept of DAOs comes from something very simple and that is Group Finance. The ability of people to decide what they want their money and funds to do, where they want it to go and what direction they want it to take. While Group Finance is not heard…
My thoughts on NFTs NFTs are by no means a new trend in the crypto industry, they have been here for a couple of years now, but they seem to have picked up full steam this year with a lot more people taking interest. We’ve seen some of the biggest names like Gary Vee become big advocates for the power of NFT’s and everyone from footballers to movie stars and artists release NFT’s. It has been a most rapid ascension for the industry as we see NFTs selling for hundreds of…
Decentralisation in a Centralised world. As the different arms of Government everyday seeks to gain more control over the media and the apps that we everyday use, it becomes imperative to seek out and stand behind those apps that promote a shred of decentralization. We have over the past couple of weeks in the Crypto space seen a couple of big projects and apps like Uniswap and Binance succumb to the regulatory demands and lose a shred of their decentralization (in the case…
Tips to Spot a Scam Project (4) Hello guys, and welcome to the fourth and final part in our series on How to spot a Viable project series. If you haven’t read any of the previous 3 then you really should check them out here. https://read.cash/@Don_Christov/tips-to-spot-a-scam-project-3-88fb1c47 We have talked about different concepts to look out for when researching into a project to invest in. We discussed the technology itself, we also talked about researching about their…
Tips to Spot a Scam project (3) Hello everyone, welcome to the third part in this series of how to spot a scam project. If you missed out on the first 2 check them out here. https://read.cash/@Don_Christov/tips-to-spot-a-scam-project-8acf7d87 https://read.cash/@Don_Christov/tips-to-spot-a-scam-project-2-f7c6f43f We’ve talked about the technology of the project and their ability to gain Mass adoption. Another big way to spot a good project is through their Team. What many…
The Defi Gem The current state of the Crypto market has filled even the most diehard of believers with some measure of doubt. Just a short while ago we were celebrating $60,000 Bitcoin and today it’s below $30,000. While many will argue to look at the bigger picture, the short term though can be confidence draining at times. The Defi space has been hit way harder in my opinion, lots of scams, rug pulls, exploitations and the likes. In spite of all the negativity, watching…
Tips to spot a Scam Project (2) Welcome to the Part 2 of this series of 4 on How to spot a viable Crypto project. If you missed on the Part 1, check it out here https://read.cash/@Don_Christov/tips-to-spot-a-scam-project-8acf7d87 With the slump in prices in the market recently the faith of those who invested in meme coins and the ton of shit coins that arose when price seemed to be Up Only have definitely been seriously shaken. But I believe that for those invested in solid…
Sheesha taking Defi by Storm I recently had to sell some stocks, and it took 4 business days from the moment of selling till the money came to my bank account, sometimes it takes way longer than that. It took 2 days for the stocks to go from being unsettled cash to settled cash, and another 2 days to go from my trading app to my bank account. When compared with the speed of selling tokens on Uniswap or any of the other platforms and then sending it back to your account the…
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