It doesn’t get much more bullish than this folks. I have been a believer in twitter for over 9 years and have accumulated over 18.7k tweets. The setup was finally there before earnings and the chips were on the table Now we let it ride. 45 is the first stop and then all time highs. Once twitter introduces crypto somehow to the platform this thing goes parabolic during the next crypto bull run IMO.
Bitcoin is up more than 6% today and is up over 82% YTD in 2019. It is crossing levels that have not bee seen since the November Puke of last year when bitcoin lost the 6000 level on heavy volume traded. It has taken us more than 5 month to get back to this important level and now we are here with some authority.
Does it get through the first time? Doubtful, but crazier things have happened. I think it is important to know that the last 80+% drawdown puke was just another “bubble” that burst and now we move
Real Estate is above a level that many thought would never be seen again a little over a decade ago. It has rebounded off the likely GENERATIONAL LOWS back in 2009 and is now making a move over key resistance levels of 83-84 (prior highs). If this were too hold I believe you can be LONG Real Estate for the foreseeable future. Bullish over 84, Bearish Under.
After blowing through resistance on earnings with a 15%+ day, $TWTR has consolidated sideways and is now make a move back into the earnings high and gap fill to 42. With a move over these highs, we should be looking for some major continuation and just ride the bull. As you can see in the chart featured, we have broken up and a bull trend has truly began IMO.
Pinterest is On Fire! After going public a little over a week ago you have seen $PINS make new high after new high. After not going public last year and the banks pricing it lower than expected due to interest you can see what those banks know. The public wanted it!
$PINS was priced at the lower end of the range due to lack of interest. Well, it opened at 24 and is now a 30+% gainer for the public. This is how an IPO is suppose to look. This is what you want to see….not this immediate selling on the
Sometimes the closing prices and charts give you a CLEAR understanding of supply and demand especially when considering assets on a long term timeframe. I have been a TSLA fan for years, not going to lie. I still like the company, I still like the vision, I still like the CEO, but I do not like the chart. This is unfortunate because I want TSLA to survive because I like the idea of Luxury Electric Cars. But You can’t just hop on the ship here…
The Chart is showing a disaster of a breakdown here. It has been range bound for
Disney recently announced a MAJOR competitor in the streaming space offering a very cheap monthly streaming service of $5.99 or something stupid low (I forgot). This is going to be a hit. There is no way around it. No ands, ifs, or buts. Every “family” with children in America is going to be paying $6 a month for cartoons that can be watched all the time, at any time. Check out the reaction once this was announced. Long term breakout to the upside.
This is going higher, I wrote about targeting 180+ on this break up (before the breakout lol)
Sometimes, the harder you fall, the stronger you rise”. – Anonymous
Every now and then we are mostly faced with one challenges or the other. It may be financial, spiritual or physical. But every time you fall, the best thing to do is to rise and stand firm again. Why? Because no one would be there to pick you up.
This is the cryptoland, and there are different fall that could manifest in various ways.
Talk of buying a crypto coin at a prize you dim safe only to later realize you are one of those who bought the top, or maybe due to your trading convenience you slept soundly leaving your crypto on an exchange with the confidence that you are protected from price risk having set a stop loss at a target you are willing to take a loss only to wake up to the news that the exchange has been hacked.
It could be the loss of a private key, it may be the direct compromise of your device. Whatever challenges you might have been through, “you really need to pick yourself up and rise again”.
Maybe you risked so much denting your way of life as a result. You got very hard on yourself thinking about where to start from. I am glad to tell you there is a solution and that solution is “starting all over again”.
No doubt! Your decision made things worse, it prolonged your days of struggle. Mind you, you have got no option than to “start over again”. Yeah! It worth it. Why? Because the greatest thing that is happening to your life right now is the privilege of living, and the grace of life itself is worth living for.
So, pick yourself back up and start over again. Your experience just made you stronger, you got wiser, more rational and also careful.
There is winning time for everyone at a different period. Your winning time will come. As long as you wake up, stand on your feet, breath in and out, every day is a new chance for new opportunities.
Dear reader, don’t mind me for my naughty dry advice, the cryptoland is just a dangerous path to journey, it takes only the strong to survive, and the strong become stronger as the downside of it can hardly be averted.
But there are winning days for everyone, all it takes is to sit tight, hold your breath and strike at the right moment, and if your subjected right moment turns out the other way. Don’t go hard on yourself tomorrow might just be another better opportunity. Alright! Let get into today’s digest.
Blockchain became widely speculated as a disruptive tech base on the combination of its makeup technologies, especially cryptography and the unit identifier using hashes.
Taking into consideration all aspects that make it’s immutable and secured such as a sequential ordering of block, history of block authenticity and many others. It will be quite difficult to carry some set of attacks on the tech.
But that status took a huge blow.Recently, in the news, there is a report of a hacker who was able to guess the private keys of over 700 accounts containing about 45,000 either put together, an incident which questions the credibility of the algorithm used for generating private keys on the Ethereum blockchain.
As the common know, a software system needs a single point of weakness to be rendered vulnerable. Let see what impact this have on the general view of blockchain and how the community reacts to it.
Gone are the days when the general belief to profit on cryptocurrency is to HODL or engage in trading in the hope of better valuation per unit of owned asset.
But there are now some different ways to profit by just holding an asset provided it is done the rightful way.
One of it is staking owned asset for a particular period of time which may be a period of 6 months, 9 months, or a year with the aim of realizing some interest.
This new mechanism is seeing the establishment of different projects providing such opportunities.
In the news – BlockFi ‘a crypto lending service” saw a major in flush of customers staking their Bitcoin or Ether asset(s) with the aim of benefiting from the annual interest rate.
Thanks for your time reading the digest. Remember to visit my blog tomorrow for another interesting digest.
Cheers 🙂
Disclaimer
The contents of this post are intended for information purpose only and should never be taken as an investment or trading advice. All information contained herein is linked to their respective sources without being taking word for word except in quotes and references.
Twitter $twtr reported earnings this morning as is presently trading over 9% higher. We have been talking about this one for a while and I felt that this may be the time they turn the corner. The chart was holding up well and getting very tight, the commander in chief uses this platform daily, and Jack is a smart guy and innovator. The chart is breaking up and needs to hold 36 to REALLY matter.
Percentage beats year over year across the board in revenue which is huge! Y/Y beats are the trend setter and ones that matter! We saw
I wish I could keep to the title of the digest series with the daily tag use, but sometimes circumstance can act very naughty against personal goals.
Whichever way, it’s been fun writing about blockchain and crypto related stuff as I found a passion that would be hard to let go within the sphere.
Setting out with this digest series – my aim was to push myself to put something out there every day but I need to take things as it is presently and work towards being fairly independently (a day I can’t wait to experience) then I can start blaming my self more. Who knows ‘crypto might just be the mantle of liberty’ I so much crave.
Enough of the stories.
Let get into today’s digest.
“Silence after a sudden noise” – I couldn’t find a better phrase to qualify the present market condition. The king has chosen to fend off intruders by setting up some resistance at $4,900-$5050 marks. Tested many times but not broken, the fortress seems to be HODLing. It’s now a question of if the exhausted bears would finally surrender and run off into their jungle to allow the King expand his dynasty, or if they will keep fighting until there is no more legacy left in their veins.
Whatever their decision is, their time of merriment seems to be over.
It is understandable why they find it giving up so easily, no one could simply give up after colonizing a place of abundance for so long, the taste of the blood shed by longs still makes butterflies in their stomach, sustaining them even through the harsh winter without a single loss in meat mass.
Now, the juvenile bulls in their big numbers are waiting rather impatiently inside the fortress, picking up every meal they could to build up their strength for the upcoming great run, while their wearing fathers hold up the tiring bears over the walls.
This for sure would be a run that would go down in history, their numbers are that much terrifying.
The HODL legacy persists among believers, demonstrated in different ways. This demonstration is truly explicit.
You must have heard of some crypto related suicide which may be very terrifying to your ears, but be ready to hear the shock of a life with the staggering number of suicide the 2008 financial crisis caused.
It is a famous story in the bible – the story of David and Goliath.
The small boy of few age from nowhere who defeated a full-grown Man with immense strength and reputation. Growing himself to become a great king that ruled a big kingdom.
This story could be compared to a startup that developed so aggressively to become the industrial leader disposing all Goliaths that ruled for many years before its birth.
I am talking of no one but the Binance exchange. The leading exchange that seems to be running on a non-extinguishable volcano.
Binance took the industry by storm, setting new rules and examples as it progresses upward. Now, the company standards are being considered as a template for future developments by other exchanges.
When it comes to marketing Binance is exceptional, talk of the product; the company knows exactly how to mould its mole, what of a sustainable community and growth, they perform incredibly.
As part of its development, Binance recently launched its scalable mainnet chain migrating it token from the Ethereum chain which swap will commence on the 23 of April.
Right before it gets started, a project “Mithril” whose focus is on social mining i.e the act of rewarding content creators by the community of readers and curators, has already taken a spot as the first project to migrate to the Binance chain.
Read more about this migration now on Cointelegraph.
Take Your Crypto Privacy to Another Level
Traditional services we have been accustomed to are making the slogan “be your own bank” a hard nut to crack for the majority. If any crypto follower would tell about his/her greatest challenges, keeping and safeguarding private keys would make the top of the list.
Rewiring from the addicted old ways of trusting centralized services with our wealth and property demanded more mindfulness than we are ready to give.
But our negligence comes with the price of dashing away our magical money straight to the mouth of the masked wolves.
Mostly, the simple mistakes we make comes from the pattern of our behaviors when dealing with these digital assets rather than the direct theft of the coins from our physical devices.
This guide is meant to show you some little steps and precaution you could adopt to strengthen your privacy and improve your online behaviors when it comes to crypto dealings.
Thanks for your time reading the digest. Remember to visit my blog tomorrow for another interesting digest.
Cheers 🙂
Disclaimer
The contents of this post are intended for information purpose only and should never be taken as an investment or trading advice. All information contained herein are linked to their respective sources without being taking word for word except in quotes and references.
