25 05, 2020

May 25th 2020, Crypto Chartbook: Built not bought

By |2020-05-25T09:42:35+02:00May 25th, 2020|Tags: , , , , , , , , , |0 Comments

Built not bought This isn't just a catchy phrase. It is the only way to riches. It is statistically proven that most market speculators, that try to blindly follow a trading recommendation fail to produce consistent results. Why?  The most [...]

16 05, 2020

May 15th, Cryptoassets Update

By |2020-06-04T08:03:59+02:00May 16th, 2020|Tags: , , , , , , , , , , , , |0 Comments

On March 14th, the Bloomberg Galaxy Crypto Index was at 241.61 after reaching a low of 217.82. And the total market cap of cryptos dropped by about $120 Billion. Today, after two months, we have some recovery to 359.29 as [...]

15 05, 2020

May 18th 2020, Crypto Chartbook: Low risk precision trading

By |2020-05-18T12:22:28+02:00May 15th, 2020|Tags: , , , , , , , , |0 Comments

Low risk precision trading Here at Midas Touch Consulting risk control is our foremost goal. This requires endless hours of backward and forward testing of each individual market, sector, instrument and time frame to stack the odds as best as [...]

13 05, 2020

May 13th 2020, Crypto Chartbook: Transaction time and ability matters

By |2020-05-14T12:07:54+02:00May 13th, 2020|Tags: , , , , , , , , |0 Comments

Transaction time and ability matters One big aspect here at Midas Touch Consulting is wealth preservation. When the whole world writes article about the halving event we see no edge or urgency. Edges are not to be found when everybody [...]

8 05, 2020

May 8th 2020, Bitcoin – Breakout In Progress

By |2020-05-15T10:04:47+02:00May 8th, 2020|Tags: , , , , , , , , , , |0 Comments

Bitcoin - Breakout In Progress After a great start into 2020 bitcoin crashed together with all other markets during the corona panic. Now bitcoin has full recovered from these dark moments in mid of march and has just yesterday crossed [...]

4 05, 2020

May 4th 2020, Crypto Chartbook: The unstoppable train

By |2020-05-04T10:09:48+02:00May 4th, 2020|Tags: , , , , , , , , |6 Comments

The unstoppable train Bitcoin, the unstoppable train. This is true if we look at the last 11 years of price action. This is also true if we talk about unstoppable code and the fact that bitcoin doesn't need any regulation [...]

28 04, 2020

April 28th 2020, Crypto Chartbook: Uncertainty – Who will win ?

By |2020-04-28T23:45:37+02:00April 28th, 2020|Tags: , , , , , , , , |0 Comments

Uncertainty - Who will win? Wouldn't we all like to know? Fact is that nobody knows. The best a market player can do is an educated guess. Stack your odds diligently and never bet the farm. Let's take a look at [...]

21 04, 2020

April 21st 2020, Crypto Chartbook: Uncertainty – opportunity in disguise

By |2020-04-27T17:30:51+02:00April 21st, 2020|Tags: , , , , , , , |0 Comments

Uncertainty - opportunity in disguise We have just entered into a future with a higher degree of uncertainty. Times of more rapid change promise innovation, a higher degree of risk taking, in short evolution on steroids awaits. History shows that [...]

21 04, 2020

April 19th, 2020: Gold – Trend Reversal More And More Likely

By |2020-04-21T10:40:04+02:00April 21st, 2020|Tags: , , , , , , , , |1 Comment

Since my last analysis spot gold and GLD indeed sold off down to US$1,450 and US$136.12. However, thanks to worldwide "whatever it takes" measurements by central bankers and governments spot gold prices quickly came back roaring up to US$1,747 just last [...]

19 04, 2020

April 15th, Cryptoassets Update

By |2020-04-19T22:48:33+02:00April 19th, 2020|Tags: , , , , , , , , , , , , |0 Comments

Market Summary On Feb 14th, the Bloomberg Galaxy Crypto Index was at 525.32. A month later we had close to a 50% drop in the price of BTC and the GBCI was down to 241.61 after reaching a low of [...]