September 15th 2020, Cryptoassets Update Market Summary Today (as of September 15th), the Bloomberg Galaxy Crypto Index was at 485.85 after being at 572.6 last month. These levels follow a low of 217.82 in early March. Last month we reached [...]
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 [...]
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 [...]
June 15th 2020, Cryptoassets Update Market Summary As of June 15th 2020, Cryptoassets Update, the Bloomberg Galaxy Crypto Index was at 381.55 after reaching a low in early March of 217.82. The market has been slowly regaining but it is [...]
If it breaks we get paid Or not. One aspect rarely talked about is the psychological aspect on why there are so few winning traders. You might have heard about the trader who reached his goal to make a million [...]
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 [...]
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 [...]
Bitcoin - Seeing The Opportunity In Challenging Times Bitcoin had a great start into 2020. Peaking out after a strong rally at US$10,500, the king of crypto has been under pressure due to the healthy need for a pullback. However, thanks [...]
