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@johnwege in April 2021

@johnwege

Bitcoin: This Time is Different! If I had a dollar for every time that I have heard the phrase, "This time is different" in my life; well let's just say that I might already be retired. But as cringe as it may be; I also am going to throw my hat into the ring and will proclaim that this bitcoin cycle is in fact, different. It won't be like anything before it; and there may never be anything quite like it again. Some people have called it the bitcoin super cycle. Let me tell…

@johnwege

Pricing Your Life In Bitcoin The longer that you have been into bitcoin; you will find that you begin to think about your portfolio in a very different way. In the beginning; you most likely were basing your holdings on how many dollars your portfolio was worth, or the currency for your respective country. When thinking about your holdings; there's a high likelihood that you were thinking in dollars. "I have $5,000 worth of Bitcoin." Or you have had thoughts of portfolio…

@johnwege

A Better Way To Save Cash Today's investor is living in a completely different world than the world that our parents, and grandparents saw. The thought used to be that all you needed to do to eventually become wealthy was to work a 9 to 5 job; and then deposit as much as you could into a bank savings account. Then you could just let the interest ride and let compound interest work it's magic. It might sound hard to believe, but in the not so distant past, savings account…

@johnwege

Bitcoin Lightning: Why You Need to Know About It! Bitcoin has been on quite a roll recently; maintaining a price of around $60,000. Already a 3x from the all-time high of the previous bull market in 2017. Most bitcoin experts are predicting that bitcoin has a lot of energy left in the tank to go much, much further. While just a year ago a price prediction of over $100,000 would have been thought to be too wild. Now we are seeing price predictions ranging from $300,000 to…

@johnwege

The Risks of Lending Out Your Bitcoin This year has been incredibly exciting. With the price of bitcoin establishing a new all-time high in the mid $60,000s range. And it is still only April. During previous bull runs; bitcoin's largest parabolic movements have typically happened towards the end of the year. This has had many bitcoin experts predicting that bitcoin will go even higher than $300,000. In fact, just yesterday the CEO of Goldman Sachs said that he believes…

@johnwege

The Bitcoin Secret If you already know the secret; you're incredibly lucky. It will take years for most users in the cryptocurrency market to catch on to this fact. But by then, it will be too late for them. In the cryptocurrency industry there is an idea that you need to have a very balanced portfolio in order to be successful. Typically this involves having bitcoin as a store of value that tends to be less volatile than other options. Then ethereum; for your smart…

@johnwege

Ethereum: We Haven't Seen Anything Yet! Typically I am a full-on bitcoin bull. I almost always strive to invest into the coins that I have extremely strong conviction in; rather than chasing the quick profits with low-cap coins. I invest in coins that I believe will still be around and used ten years later, or much longer. Naturally I believe that bitcoin has those characteristics. But, I am not afraid to keep an open mind about other coins as well, and admit when they have…

@johnwege

Bitcoin & Ethereum: Life Changing Transfer of Wealth If you are reading this article; there is a high chance that your life has already been changed by cryptocurrency. This statement is amplified even further the longer that you have been investing into cryptocurrency, and of course by the amount that you have been investing into this market. There are some coins that are better than others. Some coins that can help you reach your portfolio goals faster if you're lucky and…

@johnwege

Why Taking Self-Custody of Bitcoin is So Important To take self-custody of your bitcoin; it is at the very soul and philosophy of what it means to be a bitcoiner. In fact, it is one of the key reasons that bitcoin was created. You have most likely heard the famous phrase, “Not your keys, not your coins.” But have you ever really stopped to think about why people say this and what it actually means? There are more reasons than just the most obvious answer that comes to mind.…

@johnwege

My Crypto Earnings (April) It's hard to believe but another month has come and gone. April has come to a close and that means it is once again my favorite time of the month. At the end of the month I calculate all of the earnings that I have made in cryptocurrency for the month. This income comes from a variety of sources and I often will explain my thinking and strategy with each area. I do this as a way to track my own progress, and also to help motivate myself to continue…