@johnwege
@johnwege
My Crypto Earnings (December) It's hard to believe that another month has already come and gone, and this time that also means a new year as well. With that said, it also means that it is my favorite time of the month. The time that I calculate all of my earnings from cryptocurrency during the month. This is part of an ongoing series that I write that tracks my progress towards my eventual goal; obtaining financial freedom. I don't do it to boast, but to help keep myself…
@johnwege
The Most Dangerous Thing in Crypto The vast majority of people who are investing into cryptocurrency are doing it to hopefully make a substantial amount of money and also change their lives financially forever. That is a very reasonable thing for people to want to do. After all, personally I'm striving towards the same goal. I'm a huge fan of the technology and the potential change it could bring to the world, but I do largely view it as an investment as well. When you are…
@johnwege
Bitcoin: A Time to Panic Or Buy? We are once again at a critical impasse for the cryptocurrency market. This week we saw bitcoin drop by nearly 10%, and altcoins were even dipper in the red. The market sentiment has once again become bearish; there is a lot of fear in the market right now. People are worried that potentially this bull market is at an end, and it could be years until we even think to begin dreaming about new all-time high prices. From this point will prices…
@johnwege
Bitcoin: State of the Market There has been chaos in the bitcoin market recently. Have you been able to feel it? Initially when covid began, both the stock and bitcoin markets dipped deeply. But then soon after, governments began printing money and also artificially propping up financial markets. The huge correction that we were destined to see, never happened. In fact, we went on to break continuous new all-time highs in the stock market and also crypto market. It seemed…
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Are You Doing Enough to be Successful in Crypto? There are generally three different opinions about crypto that you will be able to find on a regular basis. The first is that people may not understand crypto at all, and therefore will consider it a scam or some-type of magical internet money. These people stay far away from investing into bitcoin or cryptocurrency. The second person will have heard of cryptocurrency and has a decent understanding of it. This person views it…
@johnwege
Up or Down, You Need to Think About Bitcoin Like This. The bitcoin market seems like it doesn't know what it wants to do. For the last two months it has been stuck in a price range from $42k to $52k. Constantly bouncing upwards and downwards within this price range. There have been predictions by people claiming that it is going to move upwards and break out of this zone any day now. But there have also been predictions that the price could break downwards as well. The truth…
@johnwege
The Bitcoin HODL Mindset There is fear and uncertainty in the market, have you been able to feel it? Bitcoin and crypto prices have fallen nearly 50% or more since their all time highs 3 months ago. Stocks have recently begun to slide as well. All of this based on growing inflation and markets beginning to raise interest rates in hopes of reigning in that inflation. Add in the fact that governments have begun to restrain themselves from propping up the financial markets like…
@johnwege
Bitcoin: Are We Still In The Bull Market? There is a lot of fear in the market right now, and that has many people wondering if we are actually still in the bull cycle, or if we have entered a bear cycle that we won't be able to escape from for a few years. Is this just a great buying opportunity and we will later see the price spike back upwards, or is it time to pack up and declare the bull market finished. Let's talk about it. As I mentioned above, there is a lot of fear…
@johnwege
My Crypto Portfolio Update The market is continuing to change and that means we must adjust our cryptocurrency strategies as well if we want to be successful. As my years in the crypto market have grown, my portfolio has changed a lot during that time too. Upon entering the market, I was focused only on bitcoin. Later on, I would enter the Altcoins forest and take a try at trading. While having success, I would later go back to being bitcoin only. It was the asset that I had…
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KuCoin: The Best Place to Earn Passive Income? (PART 1) The cryptocurrency market is changing, and we all need to keep evolving with it if we want to be successful. If you have been following me for any length of time, you will most likely already know that one of my greatest passions is building a passive income through cryptocurrency. The thought of being able to make money day or night, even while I’m sleeping, without doing a thing is very appealing to me. My goal is to…