Crypto Wasteland

The moment you stock trading knuckle draggers have been waiting for is here. Crypto is experiencing another ass kicking and you get to mean mug the Crypto world while sitting on your FANG + TSLA genius level of creativity portfolio. You feel validated in your skepticism. Vainglorious in your decision to pass on Crypto. A smirk a mile wide crosses …

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BTFD in Crypto?

I sold more EOS for BCH this past week and added to my fiat. I didn’t like the uncertainty in the charts. Crypto was dancing on the edge of a razor blade. BCH was on critical support at ~$1200. It held for days (unusual in Crypto). I was waiting for confirmation if this was accumulation or distribution. BTC is breaking …

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Here’s Some Crypto TA

First, a palate cleanser: Of the 1600 coins on coinmarketcap 733 are only tokens. In other words, no blockchain. Basically, they are a whitepaper and a website. pic.twitter.com/nOZVPl1LD7 — Coinspeak (@coinspeak_io) May 10, 2018 Bear case on BTC: Be careful if BTC rally fails around 9600. It's all still range bound between 8600 and 10k. pic.twitter.com/UHZFaWeFWz — Coinspeak (@coinspeak_io) May …

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Booked Some EOS Profit

I added to my EOS position March 27 at ~$6.15. Booked a 185% gain in just over a month. I am letting the principal ride as this is pure profit harvesting. Did I sell the recent top? Nope. Called it, didn’t trade it. Story of my life. This chart was screaming sell. I mark the 4.618 fib as overbought on …

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Immutable, Monetized Social Media on Bitcoin Cash

There is a new short message format social media platform that runs on the Bitcoin Cash blockchain and it is called Blockpress.  https://www.blockpress.com/ Blockpress is similar to Twitter. However, Blockpress has done several things that are very unique. First, every action on Blockpress is a microtransaction on BCH. Change your name, picture, post or reply requires a very small amount of …

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The Best Offense is a Good Defense

Crypto is near an interim double top. So many setups showing big moves ahead but there’s been a failure to punch through proving that resistance is resistance until broken. BTCUSD Ichimoku cloud chart below. For now, the market overall is closely correlated to BTCUSD moves. Will the price resolve upwards or downwards? There is a mix of bullish and bearish …

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Investing vs Speculating

One of the important distinctions that is missing in today’s markets is that Speculation is not the same as Investing. Crypto is speculating (today). Don’t be fooled by the holding mantra as a smokescreen for crypto investing. “An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are …

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Snowflakes Sue Bitcoin.com

Some BTC Snowflakes have created a website to promote a frivolous lawsuit claiming that Bitcoin.com is intentionally misleading visitors to buy BCH instead of BTC. The entire affair is comical and will backfire. Here’s the background: Roger Ver AKA “Bitcoin Jesus” owns Bitcoin.com. Roger became a BCH proponent early on. He added BCH to Bitcoin.com and over time BCH has taken a more …

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Plebs: I’d Rather Hold Stocks Than Crypto

I will start with the good news: it’s still early in the Crypto game. Very early. You have not missed the boat. You can buy Crypto today and you’ll be way ahead of the exponential S curve we are entering. Everything up till now has been a test. The launchpad is ready and we are now loading rockets to the …

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Sold All Of My Monero

I have made a portfolio change. Rather than BCH, EOS and XMR I have reallocated. I have sold all of my XMR and I have added to BCH. Monero has a lot going for it: regularly scheduled hardforks, anonymous by default, a clear and concise roadmap with a process for what items are prioritized. Monero may also have one of …

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