@johnwege
@johnwege
Are Toxic Maxi's Poisoning Bitcoin? It seems like whenever you got on the internet dealing with crypto; you will run into 2 groups of people. The Bitcoin Maxi's, who believe that Bitcoin is the best, and that people should only own bitcoin. They consider all other coins to be "shit-coins." The most hardcore Bitcoin maximalists are often referred as toxic maxi's. And then there is the group of people in crypto who are not like that. They tend to be more open minded to new…
@johnwege
Bitcoin Survival Mode There has been chaos in the crypto markets recently and we have entered an unprecedented stage in its history. At this point, your sole focus shouldn't be on making your next big trade or accumulating that next great coin. Instead, you focus should have shifted towards crypto survival mode. A mindset, where your focus needs to be weathering the storm, hiding out, and surviving with your portfolio intact to live to another day. While just surviving and…
@johnwege
Changing Your Life Financially In the Crypto Bear Market Bitcoin and crypto are officially in a bear market. There has been chaos in the markets causing hedge funds and companies to become insolvent. Naturally, once an extremely large player in the space like 3AC went bankrupt, it would cause a contagion effect that spread all across the market. While we all thought that the price of Bitcoin, Ethereum and the crypto market was going to go much higher during the most recent…
@johnwege
Is Earning a Passive Income With Bitcoin Dying? The last few months in the crypto market have been nothing less than chaotic. The de-pegging of Luna and UST and eventually going nearly to zero was the initial event that sent shockwaves across the Industry. It also would be the even that cause dominoes across the market to go down as well. Soon after we would hear news of Celsius being insolvent, and then 3AC, next was BlockFi, Voyager, Vauld and the list goes on and on. With…
@johnwege
Bitcoin or Ethereum? Let's imagine that tomorrow is the luckiest day of your life. You are woken up by loud knocks on your front door. It's your best friend and they are asking if you have heard the news. You were the winner of local contest in your town and now you must choose between the two prize options. The choice is between receiving 1 full Bitcoin, or 20 Ethereum. You couldn't go wrong by choosing either one of those options. But, nearly everyone in the cryptocurrency…
@johnwege
Bitcoin and Crypto 10 Years Into The Future For many of us in the cryptocurrency market, our largest weakness is that often our timeframe is too short. This is what makes the current market situation for many so stressful. Just a handful of months ago Bitcoin was worth $69k, Ethereum was nearly $5k, Solana was approaching $300 and the list goes on. But today, prices of those coins are much lower. For those who have the shorter timeframe, this price action could have caused…
@johnwege
Top Signs That You Might Have A Crypto Addiction The world is in an unprecedented situation that most of us have never experienced before. A combination of a global pandemic, rapid fiat printing and inflation, and also war. It seems that as each day passes, more bad news comes out. Each day seems to become darker and darker. And so today, I wanted to write more of an upbeat type of article. A distraction from all of the macro world news that is currently happening. Nothing…
@johnwege
The Best and Worst Decisions I've Made in Crypto The Last 2 Years In just a blink of an eye, the crypto markets have begun to become bullish again. And how great it feels. After months of what seems like constant downwards movement, causing many to lose hope, we must enjoy the moments when our portfolios see some relief. With Bitcoin passing over $22k, and ethereum approaching $1,500, some people are declaring that the price bottoms have been set, and that the bear market is…
@johnwege
Is The Bitcoin Price Downturn Finally Finished? For many, the last few days have been a much needed relief after months of nothing but seemingly red days. Ethereum led the charge by moving over $1,600, and bitcoin passed $23k. The mood in the market has begun to shift from that of pure hopelessness that we were destined for a lengthy bear market. Now shifting to a mindset that maybe, just maybe we are moving back upwards, with the market potentially turning bullish again.…
@johnwege
Time to Become Bullish about Bitcoin Again If you are reading this, congratulations. You have survived one of bitcoin and crypto's most turbulent periods of price action. A period where all expectations and what we thought we knew, were all shattered. Going forward, the only truth that we can all admit is that the future is full of many possibilities, and none of us knows what will happen for sure. Some of those expectations that we all had was that the bull market would act…
@johnwege
My Crypto Earnings (July) July has officially come to an end, and that means that it is once again my favorite time of the month. It's the time that I calculate and add up all of my crypto earnings for the month. If you are new, this is an ongoing monthly series that I write, that chronicles my journey to my eventual goal, reaching financial freedom. I don't write these articles to gloat, but I do it for two reasons. I write the articles to help track my own progress and to…