Log in

Month: May 2019

Things Not To Do/Be/Say if you Want to be a Successful Crypto Investor

May 28, 2019 Published by

This has been put together light-heartedly (yet I mean every word) and yes I’ve done every one of these things (often many times).

Check your portfolio daily. That’s what a day trader does? Are you a trader who thinks they are an investor? Buy on a daily pump.Sell on a daily dump.Sell one crypto after a dump and buy another crypto with those funds after it has pumped.Join a crypto cult and declare there will be only one.Join an ecumenical crypto cult and declare there will be only 5 or 6.Look down on folks who don’t yet ‘get’ crypto – teach

Bitcoin Prints 52 Week Highs, Not Bearish

May 28, 2019 Published by

Bitcoin has printed 52 week highs. Huge steps for a bull case and bullish momentum. Crypto is here for the long run anyone telling you otherwise is trying to scare you out. This is not going to be a quick 90 day move. This is going to be a long grueling multi year bull that is going to change peoples lives. The adoption phase is getting closer and that is where the REAL bubble will be.

Bitcoin 100k.

SPDR Sector Relative Strength Analysis Report For Week Starting 5/27/19

May 27, 2019 Published by

Sector rotation is the action of shifting investment assets from one sector to another to take advantage of cyclical trends in the overall economy in an attempt to beat the market.  Sector rotation seeks to capitalize on the theory that not all sectors of the economy perform well at the same time because sectors of the stock market perform differently during the phases of the economic and market cycle.

For example, defensive sectors such as consumer staples, utility and health care stocks tend to outperform during a recessionary phase, while consumer discretionary and tech stocks tend to fare well during early

BITCOIN – 27 May

May 27, 2019 Published by

On 4hr chart, possible to consolidate along the channel top or pullback to 8300 zone before the push towards 9600 zone. Possible to repeat the pattern, up channel then leg up like the previous round to complete the 3rd leg. NVT jump up quite abit.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :123
Total marketcap :272
Dominance :57.1
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

24 days already since this post…

May 27, 2019 (updated May 27, 2019) Published by

I am still amaze about the ingenuity of that post … they launched a shy initiative to promote steemit out of the steem blockchain borders…and the worst of everything is that 24 days have gone already and I did not manage to see anything about on twitter…

In the meantime, the market is reversing, the competitors are working hard and willing to launch a Steemit killer…and still there are people here who are debating about converging curation rewards and, 50/50% splits, downvote pools and the like…

Maybe they only think we are a gang of crazy guys trying to attract people to a useless place…

We must be crazy…

Is this the only thing you can do as a Marketing Campaign @steemit ?

Sorry guys but I am worried…

…and don’t tell me that STEEMIT is Not STEEM!

of course we are STEEM! and perhaps 5000 active steemians individuals filling twitter with seven77 push-ups may attract someone here or, maybe not because, seriously, If I would be a newbie in crypto I think I would not understand anything of what’s going on with Steem and what is trying to sell…

We need a straight message, something like “COME, BLOG and EARN CRYPTO!”

Catch it?

@toofasteddie

Total Market Cap Confirmed Crypto Breakout

May 27, 2019 Published by

Roughly two weeks ago we looked at the total market cap of crypotcurrency.  At that time the overall worth of cyrpto was at a critical point to see if we were indeed going to get any kind of extended move higher in the crypto space.
Confirmed and Launched
Looking at the chart of total market cap, you can see the original support line (180 area) from the prior post.  Now I have added the new level (roughly 223)
The lower line was the initial breakout from the lows and a line in the sand for things to be not be considered bearish anymore. 

Litecoin Leveled Up After Catching My Attention

May 27, 2019 Published by

A couple days ago I wrote about Litecoin and how the price action caught  my attention.  We were looking at do scenarios with a bias to the upside one.  That scenario has played out and is in the midst of a move higher to the potential price target.
Upside Resolution
Looking at the chart you can see price has breached the 108 area resistance and is now halfway to the 125 upside target.  If price continues to move up aggressively in the near-term this is where I would expect the buyers to run out of gas.
In the meantime, seeing price close this

Decentralised Victories – Part 2

May 27, 2019 Published by

This article builds on what I said in Decentralised Victories – Part 1, consider that prerequisite reading if you are to read this.

In Part 1 we discussed “Power”, the first head of the two-headed Money/Power “Monster”. Today it is the turn of “Money”.

VERY quick recap:

Politicians seek power and have little interest in serving the common man.Political systems are normally designed to con people into believing that they have a say in political decisions.Party politics is a zero-sum fools game.Mass media is the tool politicians use to sway the beliefs of the population.People justify their own participation in political processes (such as

Chipotle’s Downgrade Was Lame

May 27, 2019 Published by

BMO Capital Markets is a leading, full-service North American-based financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading.

BMO Capital Markets issued a warning about the company’s exposure to the rising price of pork caused by African swine fever.“It has the greatest pork exposure in our coverage (estimated at 10 percent), and our work suggests that CMG realizes commodity inflation with little to no lag. This suggests that CMG could be among the earliest to realize the

Latest Media