My Crypto Mistakes That Cost Me Millions Knowledge is power. However, when we first got into the cryptocurrency market, we all started with a knowledge base of zero. This means that we have all made several mistakes since we have gotten into the market. The problem is that the cryptocurrency market is the last open frontier; the Wild West. Mistakes are waiting to be made, and danger is lurking around every corner. There is no one holding our hands to protect our portfolios.…
How To Become Rich In Crypto Today If you are investing in cryptocurrency, it is likely that we share the same goal. We all hope to eventually escape from the rat race, and take back control of our own lives. We are hoping to obtain financial freedom. Each person may have their own personal view of what financial freedom would mean for them. Perhaps it would mean finally being able to pay off all of your bills and escape from debt. Or maybe it would be to no longer live from…
Why Crypto Will Soar in 2023 As hard as it is to believe the year 2022 is quickly coming to an end. November has already snuck up on us and soon everyone will be shifting their focus ahead to what’s next in 2023. In order to understand what might happen next year, it’s critically important to remember what happened this year as well. 2022 was a year that will be remembered forever. In terms of crypto, it was probably a year that many of us would much rather forget. It was…
You’re Not Doing Enough To Accumulate Bitcoin If you were told about a financially life-changing opportunity that was sitting right in front of you. What would you do? You likely had immediate thoughts that you would do whatever it took to take advantage of that opportunity. You may also begin to have thoughts about how amazing it would feel to take back full control of your life. Having the ability to do what you want, whenever you want. Being able to escape from the rat…
The Most Important Thing You Need to Know in Crypto The cryptocurrency market is the last open frontier where anything goes. That is what makes it so exciting, yet so dangerous at the same time. As you continue to invest in crypto and gain experience over the years you will learn many lessons along the way. Lessons that must be learned to ensure your survival in this market. The crypto market is a battle of wills, only the strong live to see another day. Most of us have gone…
The Crypto Apocalypse is Here In one moment, the entire cryptocurrency market went to dust. Just a few days ago, the crypto market was beginning to look like it was on the verge of a recovery rally. Seeing Bitcoin reach $30k in the short term was a real possibility. Hope was coming back to the market. But it is now gone. Here is a quick summary of what has taken place during the last few days. One of the biggest pillars in the crypto market, FTX has collapsed. Not only that…
What’s Next For Crypto FTX became insolvent this week, and the situation is much worse than any of us could have imagined. It’s an event that has set back the entire cryptocurrency industry by years. Not only in prices or when the recovery would eventually begin. But more importantly, the trust in the crypto market and the harsh regulations that will definitely come as a result of this. Most people in the market are at a loss for words. This wasn’t supposed to happen. While…
Bitcoin Passive Income is Dead Earning passive income with your Bitcoin is currently dead. Throughout the last few years, the market became obsessed with earning a yield on their crypto assets and took on significantly more risk to do so. Now that services like FTX, and BlockFi have frozen withdrawals, that’s not even including the eventual contagion effects that will follow. We have learned a very hard, but vital lesson. Many of us gave up the keys to our Bitcoin, an asset…
How I'm Taking Advantage of the Crypto Bear Market In the cryptocurrency market, having the ability to adjust in an instant can mean the difference between thriving in this market, or losing everything. It is something that we were all reminded of this week with the FTX insolvency. The mood in the market has quickly turned as well. Looking back to early last year, it was a place where money was being made everywhere. The ability to make passive income was easy as deciding…
Bitcoin Maxis Were Right Throughout the last two years, there has been a hotly debated topic in the cryptocurrency industry. Whether Bitcoin Maximalists were good for Bitcoin, or if they were poisoning the market and preventing adoption. While a large number of people may have been against Bitcoin Maxis during the bull run while every coin was going up and it was easy to make money. Maybe people are beginning to come around and understand their mindset recently. There is no…
How Much Ethereum Do You Need? When it comes to cryptocurrency, there is only one purpose that you need to have. To accumulate as much Bitcoin and Ethereum as you possibly can. These two coins are considered the only two real “blue-chip” assets in this market, and most of the rest is pure noise and distractions. But how much Ethereum do you actually need to own? The answer will be different for each person because everyone has a different situation and end goal. For some…
In Cryptocurrency, Only The Crazy Survive There has been a stereotype surrounding the cryptocurrency market that it is incredibly easy to become rich by investing in this market. The longer you are in this. market, the more be proven true. Crypto is one of the greatest ways to change your life financially, with volatility making other markets seem boring in comparison. But it is this volatility that is needed to send prices to those astronomical levels that is also what…
A Year of "What Could Have Been" for Bitcoin As we were moving into 2022, the mood in the market was bullish. We had just set a new Bitcoin all-time high price of $69k, and after a summer of price dips, we all thought that the bull market was back on. It was a hopeful time and anything seemed possible. People began predicting that Bitcoin would soon reach $100k, and Ethereum would soon go up to $10k as well. But as you are well aware, none of those things would happen. 2022…
Losing Everything in Crypto For many people invested in crypto, this has been a demoralizing year. If you were lucky your portfolio would have shrunk by nearly 70% in value due to the market quickly turning into a deep cold winter. But there were so many people who had much worse luck and lost everything. They didn’t lose their coins by doing something foolish like trading with leverage or falling for scams offering to send you double the amount of Bitcoin or Ethereum that…
Why I Continue to be Bullish About Bitcoin This last year has been a difficult time to be heavily invested in Bitcoin. We went from an all-time high being set that ended up being the peak of the market. A price that was much lower than many of us had expected. Since then it has been nothing but the price moving lower. On top of that, there were several black swan events with some of the biggest groups and companies in crypto becoming insolvent. We all lost a lot of paper…
We’ve Been Fooled - How FTX Tried to Destroy Internet Computer (ICP) We’ve been lied to and most of us fell for it. If there is one thing that you need to know in the cryptocurrency market, it is that not everything is how it appears. There are games that are being played that most of us aren’t privy to, don’t have access to, and have no idea what is happening. Games where billions of dollars are at stake, and there aren’t any rules. The only thing that matters is winning…
My Crypto Earnings (November) Today is the last day of November and that once again means it is my favorite time of the month. The time when I calculate all of my crypto-related earnings for the entire month. If you are new, this is part of an ongoing monthly series that I write chronicling my journey towards reaching financial freedom. I don't write these articles to boast but instead, write them for two purposes. The first is that it helps to see my own results and keeps…
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