It´s not yet completely clear whether BTC and most altcoins have recently reached an intermediate top of their impressive rally from the „corona meltdown lows“. The longer BTC can not sustainably move above US$12,000/12,500, the more likely becomes a healthy [...]
Gold - The 2020 Gold Rush Is Temporarily Over Gold had an unbelievable run over the last few weeks and rushed towards new all-time highs at US$2,075. By clearly outbidding the old high of US$1,920 gold is officially back in a [...]
You need Bitcoin Why? Well, let's assume that the US-Dollar (along with all other currencies) now not pegged to a gold standard, and as such a fiat currency won't survive. Impossible? Think again! All, yes all, fiat currencies in history [...]
An insular Tahiti Traders are typically insular. This is simply based on the fact that a task so daunting requires absolute focus and determination. This doesn't allow much for an extensive social life, maybe even typical life at all. One [...]
The whys - Bitcoin ten thousand You don't need to know the news that try to explain why prices have moved. Price action right now is a good example of that. The crowd wakes up on the news when we [...]
Bitcoin - Next Attack On US$10,000 Bitcoin has been moving sideways for many many weeks. In the meantime precious metals and stock markets rallied significantly. As well, DeFi has been exploding over the last two months. Hence, Bitcoin and Ethereum look poised [...]
The biggest fear, embarrassment Trading is an intimate sport. You can do it behind a closed door in your underwear. But at some point, if you don't make it in this profession it all comes out. One can't hide sustained [...]
July 15th 2020, Cryptoassets Update Market Summary Yesterday, July 15th, the Bloomberg Galaxy Crypto Index was at 378.28 after being at 381.55 last month following a low of 217.82 in early March. The market has been slowly regaining but it [...]
Concentration - The absence of irrelevant thought Concentration is the true edge in our times. You fool yourself thinking you have an edge in technology because everybody has high tech gear. Trying to trade successful from small hand held device [...]
Never rarely sometimes always That is the typical cycle of breaking your own discipline in trading rules. First you swear to yourself you would never run a stop. Than it starts out you rarely do it anyway and are very [...]
