Developing Your Own Trading Style & Rule Book **A Reminder** Something that I mentioned in a recent post is the fact that many of the top analysts have been wrong more than they have been correct. This is why I made special note of the fact that my analysis is independent. Not only is it independent but also something that I do on a daily basis. I look for opportunities in the charts and then wait for confirmation. Trading just for the sake of trading is a very bad idea. You…
@SapphireCrypto in June 2022
Solana & Avalanche - Powerplays For 2025 **The Ongoing Battle** I am sure that many will agree that ETH will continue to dominate the layer 1 space, especially with the shift to **POS**. Many are excluded from utilizing ETH-based projects due to exorbitant gas fees. The shift to proof-of-stake is expected to reduce gas fees considerably and subsequently increase the userbase. However, despite what the maxis would have you believe, we are not living in a single chain world. I…
Emotional Intelligence Together With Analysis Would Have Spared You This Bull Trap **You Just Gotta Love Retail** For some reason, retail investors always believe the price is going up. I guess one can liken it to “youthful bliss”. There are some things that can only be learned through time and experience. Unfortunately, new retail traders have to pay their school fees as well. As mentioned previously, learning to trade both long and short helps tremendously when it comes to…
The Trading Hodler **It’s A Trader’s Market** The market has clearly shifted in favor of the trader over the past few months. To be honest, it makes sense. Why would you not consider alternative measures when prices plummet. Trading does have that one very specific advantage over hodling and that’s being able to play both sides of the market. I have personally executed a number of short trades recently and have enjoyed the clarity it provides. Hodlers do tend to suffer from…
XM Reintroduces Crypto Trading - $30 Bonus For New Clients With Zero Deposit **Established Leader** XM is one of the biggest names in forex and CFD (contracts for difference) trading. The company has been providing a fantastic service to global clients for years. Those who regularly read my articles will know that I have been trading for many years, 15 to be exact. **XM** is one of the brokers that I have used in the past and have found them to be very efficient. This is a…
A Simple Trick To Protect Yourself In The DeFi Space **More Victims** I continue to see more and more people falling prey to phishing attacks after they click on phishing links and connect their wallets to unknown platforms and websites. I initially put off writing this article because I thought it was a little obvious and therefore reasoned that people would already be practicing this simple trick. As it turns out, perhaps there are individuals out there that could benefit…
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 level yet again. A solid confirmed move above $32.000 would be very bullish but only in the short…
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 be an acceptable target. Time is not the best metric for discerning price action but it is the one everyone seems to be interested in. It is also…
HIVE & LEO - Great Risk/Reward Post 2025 **Altcoin Hunting** Identifying future altcoin gems can be a rather risky and difficult task. A lot of coins and tokens experience an initial surge but not many of them qualify as long-term investments. I know what you are thinking, altcoins in general are not good long-term investments, right? Not necessarily, as there are multiple reasons for investing in an altcoin. Depending on the motivation, use case, and other functionalities,…
PayPal's Non-Custodial Enhancement Will Assist Adoption **I Am Quite Surprised** I must be honest, I did not envision this day coming, or at least not so soon! One of the reasons is that by not allowing direct withdrawals to non-custodial wallets, the platform and the government benefit. People earning “PayPal cash” are either forced to hold their Crypto assets on the platform or withdraw their cash and purchase the assets elsewhere. Furthermore, previously being unable to…
Leverage The FUD Surrounding Coinbase & Celsius **It’s No Secret** I had actually wanted to write about exchanges surviving a bear market some time ago but never got around to it. The funny thing is that oftentimes exchanges and similar-styled Crypto businesses often manage to survive the majority of a **bear market**. What you often find is that exchanges begin shutting down just as the Crypto winter begins to thaw out. This is sad but simultaneously also an indicator that…
The "Buying The Dip" Strategy Will Soon Return **Utilizing The Correct Strategy** Looking back to 2020 and my article entitled, **“This Is Not 2018 – It’s Time To Buy The Dip!”** reveals how buying the dip in a bull market is a very smart move. However, the opposite is true of bear markets. Instead of buying the dip, you should be shorting the pumps. That’s how it works. You can try buying dips in a bear market but you will have to be an exceptionally skilled trader. Not…
My Early Strategic Preparation For The Current Bear Market **It’s A Bit Late Now** There are many who have been taken by surprise by this bear market and are now trying to put together a strategy for survival. Anyone who knows anything about financial markets will tell you that you have to front-run market trends. There are often jokes made about new retail investors who chase the market as it reaches euphoric highs. They buy the peak and bleed all the way down, finally to…
My Bitcoin Bottom Prediction Playing Out As Expected... So Far! **There Needs To Be Measurable Points In The Journey** Some argue that it is impossible to predict markets and therefore discourage “trying to time the market”. However, I disagree completely, one needs to have some sort of idea of where a particular market may be in terms of cyclical behavior. All markets and all assets experience bull and bear markets. Euphoria causes markets to overextend and fear causes…
The Building Of New Long Positions Begins Soon! **Sticking To The Plan** Working to a strict plan and strategy is always best when trading markets. Markets are irrational at best and if you are not disciplined it can become a rather “messy” combination. My best-case bottom target came very near to being realized overnight. Bitcoin moved into the 20K zone very briefly, only to bounce back into a somewhat more favorable zone. Even though this is extremely close to my target I…
Don't Confuse A Bear Market Bottom With The End Of A Bear Market **Even Cycles Have Cycles** The initial stage of any bear market is usually the most deceptive. Oftentimes the market only realizes that a bear market is in play once it has already started. Denial is usually the most common response, which ultimately allows the bear to get its claws in on an unsuspecting victim. Once the claws are in, the market gets dragged down leaving behind it a trail of blood. This is…
The "Quiet Phase" Begins **Human Behavior Is Predictable** The reason why technical analysis is one of the more accurate metrics is that it displays human behavior. Charts are not simply data but more specifically the data and presentation of human behavior over time. This is powerful because human behavior never seems to change. FOMO happens every single bull cycle without fail. So does absolute fear, which often sends the most bullish of investors into an overwhelming…
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 buy what you perceived to be bargains, or did you exercise patience? You can be sure that you would be in a tight spot right…
Why You Can't Afford To Be Idle During This Bear Market **They Come & Go** Bear markets come and go and this is just a reality that all market participants need to accept. All markets experience seasons of severe correction, especially the Crypto market. Instead of trying to avoid the unavoidable, it makes more sense to actually prepare for and maximize bearish trends. This is something that this blog has been detailing for some time now. Ensuring that you have backup plans…
Current Market Conditions Validate Traditional POS Over Lending **My Personal View** I have stated repeatedly that I **prefer traditional proof of stake to lending**, as the risks are considerably lower. When you consider the benchmark returns of staking against those of lending there isn’t much difference at all. This only serves to further encourage POS over lending. Once again, it all comes down to something called “risk management”. The majority of your Crypto portfolio…
Choosing Not To Trade Is Also A Trade **Beware Of Overtrading** As a trader, one has to choose opportune moments in the market. This often requires a level of patience, much like a lion lies in wait for vulnerable and unsuspecting prey. This is often where new traders make the critical mistake of overtrading. Trading just for the sake of trading can often be even more dangerous than not trading. After all, the worst that can come from not trading is that you miss out on a…
Bitcoin - Consider The Risk **Recent Hope** Bitcoin has been trading somewhat higher than the recent low of $17.637 which managed to flush out a lot of the weak hands. I was already out in 2021 and then sold off the last bit that I wanted to sell when BTC was above $30K. I have since been focusing on trading because this is where the money will be made from this point. So, I am still more than 50% in stablecoins and cash, of which I am currently trading with a portion.…
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 traders just as some are not cut out to be health care workers or business managers. This is something I find rather fascinating within the…
Bear Markets Provide Gains Only To Snap Them Back **Why Bear Markets Are Great For Trading** Trading long in a bear market is not as dangerous or crazy as it seems. It all depends on what stage of the bear market you decide to trade. What we have seen in the past month or two is definitely not the time to be going long. Ideally, you want to be relatively certain the bottom is in before embarking on a trading adventure. There are certain zones that offer a fairly good…
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 a very incomplete analysis. You need to gain as much information as you can if you want…
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 that most altcoins are operating as securities and are not registered as such. Stablecoins are another concern from a regulatory standpoint, as are…
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 class to trade? Well, the daily price action is generally…