Trading - A Well-Defined Strategy **Beyond Binary** Markets may indeed be binary in nature but trading is a lot more complex than this simple binary nature that generates profits and incurs losses. Allocation points, lot sizes, and leverage play a significant role in defining a good strategy. Simply buying an asset and waiting for the price to go up is not trading. A good trading strategy is backed by good psychology, hence the term “trading psychology”. It takes time and a…
@SapphireCrypto in May 2022
Will Bitcoin Protect Investors In An Age Of Hyperinflation? **It’s Not Transitory** Unlike what the FED and politicians would have you believe, hyperinflation is most definitely not transitory. We have entered an age of hyperinflation, an age that has only just begun. Do you remember how shocked everyone was when inflation was reported to be above 3% some time back? Well, it recently almost reached 9%, which is a far cry from 3%! The damage has been done and it has set the…
How To Build A Trading Account From Zero **A Great Starting Point** Where you decide to trade can make a bigger difference than you may think. Most will choose to begin trading with a rather modest amount. Perhaps, a couple of hundred dollars at most, some a lot less. When trading with this sort of capital, lot size plays a very important role. This is why FTX and Bybit are definitely the best options in my opinion, as the minimum trade is only a dollar. Being able to trade…
Just Another Opportunity For More Altcoin Hunting! **The Blessing Of A Long-term View** The great thing about buying altcoins that you never intend to sell is that you can pretty much buy them anytime you wish. Obviously, doing your best to buy lows and bottoms goes without saying. It is important to me to continue this accumulation. In February of this year, I made the call to recommence the **accumulation of altcoins** I tend to hold indefinitely. As it turned out, this…
Peer2Profit - How Was My 1ST Payment Experience? **A HoneyGain Alternative** **Peer2Profit** is a service exactly like HoneyGain. Users can monetize their unused bandwidth and get paid out in Crypto. What does make Peer2Profit quite unique in comparison to HoneyGain and other similar opportunities is that the minimum withdrawal is only $2! HoneyGain will give you a $5 bonus if you sign up via a **referral link**, which does help in terms of reaching that $20 withdrawal limit…
The Daymak Spiritus - Crypto mining Electric Vehicle **Recaptured My Attention** I came across the Daymak Spiritus back in 2021 and was somewhat impressed by the idea of incorporating a Crypto mining rig into an electric vehicle. Let’s be honest, it’s a great idea and one that I have really come to like. For the same price as a small entry-level Toyota or Hyundai, one can purchase a car and a mining rig all in one! The entire package is rather attractive, especially as the…
Altcoins That Are Now Moving Into My Accumulation Zone **Important Clarification** Altcoins can render great returns but they can also shrivel up and die. This is something that I pointed out in a **recent article**. Even though **Litecoin** is still ranked quite high and has Mimble Wimble coming up, its performance was not that great in the recent bull run. LTC only managed to peak at its previous all-time high, which means that hodling LTC from the last cycle peak to the…
Nano - What's The Deal? **The Obvious question** When looking at Nano and all that it has to offer, one can’t help but wonder why it has not experienced significant traction and adoption. I mean, it fits the green narrative, has zero fees, and has tremendous scalability. These are all such key defining factors and Nano just so happens to sport all three! There is a strange dynamic that tends to set the pace in the Crypto world. Once a Crypto project has been around for a…
ETH Update - Losing The $2500 Support **A Wild Ride** Well, a bumpy weekend was met by an equally aggressive Monday. Stocks and Crypto both continued their respective journeys south, as liquidations continued to roll out. The fear and greed index is hitting levels of extreme fear causing many to hit the high road. This is however nothing new and how market cycles operate. March of 2020 was way more severe in terms of price action, as well as the factors driving it. The…
How To Protect Yourself & Even Benefit In A Market Crash **It’s A Given** Even the most bullish and groundbreaking market will experience corrections. This is the reality that so often escapes consideration. After being involved in markets for some time, I began to see how important it was to factor this dynamic into my strategies. These events can be triggered by multiple factors, making them even more difficult to discern. That being said, as traders and investors, it’s…
The Beauty Of "Real Stablecoins" **Portfolio Construction** I tend to repeat myself sometimes but it’s only because I consider certain approaches and practices absolutely imperative and I want people to “get it”. One of the most important practices that I continue to drive home is the need for a healthy stablecoin allocation. I am not talking about algorithm-based stablecoins like Terra’s UST but rather stables such as USDC and BUSD. Personally, I have always felt the safest…
My Strategic Approach To The Current Crypto Market **Welcome To The Wild West** There is not a single person in Crypto who has not been affected by the LUNA fiasco. This is a typical example of how quickly and “easily” things can turn in this market. I have quite strong opinions in regard to LUNA and Do Kwon but won’t elaborate any further. I will however mention that Luna was a project that I avoided throughout the hype of 2021 and 2022. For whatever reason, I just had a…
The Shift To Quality Will Now Commence **It’s Always The Case** During any bearish or brutal season, one will always see and experience a shift to quality. Traditionally, when the market drops, there is a move to Bitcoin, stablecoins, and cash. This ultimately causes Bitcoin dominance to rise. Despite the great bounce today, it is simply one day and does not change what has taken place over the last number of days. As mentioned in my previous post, the breakdown to $25K has…
Hive - The Best Place To Spend Your Bear Market **It’s Not Looking Good** The market continues to show signs of fear, uncertainty, and doubt and to some extent, it is to be expected. Yes, in time, recent events will be yet another victory for Crypto. However, it is a process and not one that will unfold overnight. The Terra fiasco was just the final blow to confirm where we would be heading next. What is important is for the community to remain positive and engaged. This is…
Portfolio Construction In A Bear Market **Diversification Is Key** So, I have tallied up my different stablecoin and cash holdings and am a lot higher than I expected to be, which is great! I am currently at approximately 40%, which is where I was when I made the initial shift in May of 2021. I have somehow managed to time the market fairly well this time around. Without Knowing, I made a few shifts literally days before the LUNA fiasco, which has helped a lot. What you need…
Crypto Market Triggers Alarm Bells - Time To Short? **What’s The General Mood?** Looking at what analysts and others are currently suggesting only serves to provide more confusion. Some are extremely bearish, while others are fairly bullish. Analyzing this behavior does however offer more value than the predictions being made. If you have been through a few Crypto cycles before you will know that there is one very clear indicator that a bottom is approaching and that is…
Gaining A Better Perspective Of This Current Market **Multiple Indicators** I use technical analysis quite a lot, as well as fundamentals, and **emotional intelligence** to try and navigate my way through this market. I believe that due to recent events the market has shifted to a more emotionally interpreted perspective. This has encouraged me to shift my decision-making towards interpreting human behavior, rather than other metrics. It is difficult to explain or unravel…
Bitcoin - This Next Move Will Reveal A Lot! **Bullish Formation** Looking to the charts, one can see that a traditionally bullish formation is in play in the form of an ascending triangle. These formations statistically break to the upside 70% of the time, essentially making them bullish reversal patterns. This pattern is busy playing out on the 4-hourly chart and should have an answer for us fairly shortly. Currently, there appears to be some weakness, which could see BTC…
Statera - A Concern For Publish0x Publishers & Readers? **Opinions Abound** People will always be quick to offer their opinion in regards to a particular matter that affects them. Obviously, there were numerous suggestions offered by the **Publish0x** community when ETH gas fees initially began to surge and consequently began affecting payments. My own personal opinion is that the platform should have never removed ETH. Cross-chain activity is everywhere and the platform…
One Of The Best Opportunities Currently On Offer From This Market **Reaction Matters** As an investor, you can do one of two things when the market shifts against you. You can either become disillusioned and lose hope, or you can begin scouting for opportunities. Wealth is created in bear markets and later realized in bull markets. The majority of society thinks that the entire process takes place in a bull market, which is exactly why the majority of market participants…
How I see This Bear Market Playing Out - Key Levels To Watch **Best To Zoom Out** I know that many are rather optimistic and believe that BTC bottomed at $25K and is now busy making a comeback. Even though this is what we would all love to hear, it is highly unlikely. Let’s just clarify though that anything can always happen. Trading relies on probabilities, it’s reactionary in nature. In other words, when A happens then respond with B. It’s a journey that gives you…
Cardano Under $0.55 - Now We Can Start Talking! **Previously Overvalued** It’s rather difficult to believe that Cardano was trading above $3 last year and is currently trading at approximately $0.53 at the time of writing. I have gone on record stating that ADA was way overpriced above $3 and that I simply did not see fair value. I was somewhat interested at $0.80 but said I was waiting for the sub $0.60 level. Well, the moment has arrived but there is a problem. Simply put,…
The Rise Of FTX's FTT Token **Steadily Climbing The Ranks** Amidst all the recent carnage, FTX’s FTT token has managed to edge its way higher in terms of market cap ranking. FTT is now on the verge of entering the Top 20, whereas little over a month ago FTT was hovering at the number 27 spot. This is a classic example of the shift to quality that takes place in uncertain times. The bear market of 2018 actually saw Binance’s BNB token outperform Bitcoin. Investors look for…
Two Top Exchanges That Currently Don't Require KYC **Not The Most Comfortable Of Experiences** Many believe that those not wishing to engage in KYC are perhaps suspect and have something to hide. This is however not necessarily true. Parting with the details of your identity is something that should take place in a very strict and secure environment. Some people simply choose not to have their details unnecessarily at risk. Personally, I do feel more secure performing KYC…
DeFi Decisions **It Moves Fast** Many DeFi investors were likely caught off guard recently and are probably wondering how they should navigate their way forward. As usual, the narratives abound in regards to the direction of the market and a potential bottom. There are those who believe a bottom is already in at $25K. Others are looking to $23K and even as low as 9K. I personally don’t believe it will go that low but that’s under “normal” circumstances. One has to be aware…
LunarCrush - Why It's Way Better Than You May Think! **A Recent Addition** There are a number of sites and platforms that I visit on a daily basis. Recently, I made the decision to incorporate LunarCrush, a social intelligence service that provides users access to multiple metrics and market data. The LUNR token is currently trading at $0.30 at the time of writing. Users are able to earn free LUNR on a daily basis. Time spent on the site earns users tokens, as well as…
Bear Markets Encourage Growth - A Review Of Personally Experienced Bear Markets & Predictions **The Bear Market of 2015** The majority of newcomers to Crypto usually arrive in the heart of a bull market. All the hype and euphoria tend to consistently attract new players to the market. I chose a rather different time to get involved in Crypto. It was during the bear market of 2015. I had watched Bitcoin from the sidelines since 2010 or so but was not convinced. However, I…
Hive & Leofinance - Much More Than An Investment **Economic Constructs** I wrote an article sometime back entitled, **“Passive Income Is At The Heart Of Wealth Creation”**. Building a passive income to rival or overpower a salary takes a tremendous amount of work. Essentially, it comes down to building and maintaining economic constructs. Hive has what it takes to get this ball rolling. Working within the Hive framework has tremendous potential in relation to what you are…
Where I Stand When It Comes To Layer 1s **Ethereum & “ETH Killers”** Looking at ETH and the challenges it has faced over the years, it still remains dominant despite multiple hurdles. It does appear as if ETH is the market’s “darling” when it comes to layer 1’s. I must be honest, I too, share a similar opinion. It will be difficult to dethrone Ethereum but definitely not impossible. I do however strongly doubt whether the shift to POS will take place in August but hey, you…
Accelerated Altcoin Losses & Why I Don't Advocate Altcoin Accumulation Yet **No Longer A Leak** The leak on altcoins is something that I **addressed** at the beginning of 2022. This has continued as a trend throughout the year, apart from a mini altcoin season in March. What needs to be realized now is that this is no longer a leak but a full-blown bleed out! As explained in the above-mentioned article, even though BTC was regaining previous levels, alts were not. Every time…
The Crypto Market Is Currently A Trader's Paradise **A Recent Decision** About a month ago I made **the decision** to sell some altcoin holdings in order to fund some trading accounts. I was looking to trade these values higher and eventually buy back my original holdings at a discount. This seems to be playing out quite well in my favor as alts have been really suffering of late. This decision was fortunately prior to the Terra debacle. How long this bear market goes on is…
A Very Important Aspect That Doge Investors Should Consider **The First & Original Memecoin** Dogecoin is almost 10 years old now and what started out as a joke is now a top Crypto project, at least by market cap valuations. Doge has gone on to make early investors extremely wealthy and cause haters to literally turn green with envy. However, development on the project is very slow, if any, and the project’s creator has since abandoned it. This was seen as an opportunity by…
Trading Your Way To Wealth **You Only Have Two Options** If you are an average investor with modest capital there are only really two viable paths to wealth in Crypto. Either, you do your best to identify the next 100X projects, or you trade your way to wealth. The first is very much a gamble, as the future is unknown. I, however still do my best to try and identify these projects. I have managed to spot a number of gems in the past and do my best to continue doing so into…
CoinPayu Adds NEAR Protocol & Additional Alts **A Solid Reputation Since 2019** CoinPayU launched back in 2019 and has since become one of the most prominent and respected Crypto earning platforms online. Daily visits to the platform enable users to earn Crypto in a **multitude of ways**. All earnings are received in BTC but the site also enables withdrawals to a number of top altcoins as well. Selecting payment via one of the many altcoin options will simply see your BTC…