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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
