Whether you invest in stocks, bonds, commodities or cryptocurrencies, the trading rules remain the same. Most people get into trouble when they don’t follow a disciplined investment plan. You’ll often hear traders utter the phrase “plan your trade and then trade your plan.” If you wanted to build a house you would first plan your […]
Coinbase is arguably one of the best-known and largest cryptocurrency exchanges in the world, along with Binance. Recently, there’s been a rumor about Coinbase preparing for an initial public offering (IPO) later this year or early next year. Only a few years ago it was incredibly difficult to buy and sell cryptocurrencies. Exchanges were small, […]
Since cryptocurrencies such as Bitcoin exploded in popularity they have disrupted many global industries, including hedge funds, banking and real estate. Though many industry giants welcome change with open arms, some remain wary of cryptocurrencies. Warren Buffet is one of the billionaires who think crypto will have a bad ending. On the other hand, Facebook […]
Ether (ETH) was hit harder than Bitcoin (BTC) in the mid-January pullback. The ongoing concern about whether or not many of the ICOs funded with ETH will be designated as “securities” continues to hang over the market. The SEC’s delayed decisions about which coins will have to meet the regulatory requirements is likely a factor. […]
When the Crypto Wealth Protocol newsletter kicked off in March 2018 (released mid-February), the cryptocurrency market was near its top. Bitcoin’s zenith came in December 2017 and Ethereum’s was in January 2018. In the March newsletter I had introduced myself and the reasons I sought out an alternative to our “normal” financial currencies and investments. […]
Cryptocurrency sentiment is running scared, which from a contrarian perspective is more bullish than most suspect. Google searches for Bitcoin information have hit the highest level in the past six months. That’s an indication that the lower prices are now sparking renewed interest in Bitcoin. It’s still questionable whether or not we’ve seen a final […]
Almost every mainstream media outlet, financial and otherwise, is telling us Bitcoin is dead and heading to zero. It’s only about the 377th time this has been said about Bitcoin, but this time there are apparently more believers in that possibility. The strong selling in the past three weeks is from those who believe the […]
The cryptocurrency market continues to trade in a very tight price range. Volatility, which is a measure of the price swings and how fast prices move, has never been this low for the amount of time we’re currently experiencing. For example, Bitcoin has remained inside a $600 trading range, roughly between $6,200 and $6,800, for […]
China has its Year of the Dog (this year, 2018), while the cryptocurrency market has its Year of the Bear. That’s if this year’s bear market in cryptocurrencies lasts until December, which is just a guess since it might already have ended. If not, that would mean the crypto bear will have lasted a year. […]
Bitcoin (BTC) has drifted higher over the past three weeks but the rise off the August 14th low has developed into a small bearish rising wedge pattern, outlined with the red lines on the chart. Price is near the top of the wedge, currently nearing $7,500, and the price rise is starting to show weakening […]
