Crypto Contest June 12: Matryx

Matryx (Huobi: MTXBTC) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Matryx began a wave one advance on February 11. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 9, and the red wave two (blue sub-waves a-b-c) correction ended on June 4. If this wave count is correct, Matryx should be heading next towards the April 9 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Matryx is composed of a collaboration system to track innovation and a bounty system to award solutions to scientific problems. Dr.

Crypto Contest June 11: ContentBox

ContentBox (Huobi: BOXBTC) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, ContentBox began a wave one advance on January 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 2, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, ContentBox should be heading next towards the April 2 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

ContentBox is empowering a decentralized digital content ecosystem. You can watch their intro video below.

(Sources: ContentBox and YouTube)

How can I vote?

Crypto Contest June 10: CloakCoin

CloakCoin (Bittrex: CLOAKUSD) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, CloakCoin began a wave one advance in January 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2017, and the red wave two (blue sub-waves a-b-c) correction ended in May this year. If this wave count is correct, CloakCoin should be heading next towards the December 2017 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

CloakCoin is a cryptocurrency designed to facilitate private, secure and untraceable decentralized transfers with Enigma. The coin is now five

FOMO and Sunk Cost – The Crypto Struggle Is Real

There are two things that act as worst enemies of investors.  We all know them well.
FOMO (Fear of Missing Out) and The Sunk Cost Fallacy
When the price of crypto is moving up aggressively we tend to freak out and worry about missing the ride and do things like chase price higher or buy on any little pullback.  Often times this bites us in the ass and we make a poor entry price.
Other times we hold onto something that we are up big on because it is ripping higher and any pullback is just a hiccup before things are sure to

Crypto Contest June 9: FansTime

FansTime (Huobi: FTIBTC) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, FansTime began a wave one advance on May 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 18, and the red wave two (blue sub-waves a-b-c) correction ended on June 5. If this wave count is correct, FansTime should be heading next towards the May 18 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

FansTime is a vertical blockchain-based project focusing on the entertainment industry. You can view their intro video below.

(Sources: FansTime and YouTube)

How can

Investing Principles I Regularly Remind Myself Of

Principles are the foundation of our decision making. Having solid principles when it comes to investing is rather integral to success.
A few good Investing Principles

You have to be aggressive and defensive in investing

So what exactly does this mean? Basically, when the opportunity arises you must take big swings to make real money, but at the same time you need to make sure that if that swing misses it isn’t so big it knocks you out of the game.

You can never be more than 20% diversified within the same asset class

Easiest example – cryptocurrency. If you are only invested in crypto

Summertime Equals Peak Property Buying Time!

As temperatures heat up so does the activity in the real estate market.  People come out of the woodwork ranging from casual investors to people looking to buy or sell a home before the new school year.
Either way the market always has more hustle and bustle during the summertime and it is on us as investors to take advantage of that.
Yes, there may be more competition, but there are also more homes for sale as many wait till the spring to list.
Even for off-market deals, people don’t want to move during the winter and are more inclined to sell in

Crypto Contest June 7: Fetch

Fetch (Binance: FETBTC) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Fetch began a wave one advance on May 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 21, and the red wave two (blue sub-waves a-b-c) correction ended on May 27. If this wave count is correct, Fetch should be heading next towards the May 21 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Fetch brings together machine learning, artificial intelligence, multi-agent systems and decentralized ledger technology to create an economic internet. You can watch

Crypto Contest June 6: Grin

Grin (Poloniex: GRINBTC) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Grin began a wave one advance on May 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 21, and the red wave two (blue sub-waves a-b-c) correction ended on June 3. If this wave count is correct, Grin should be heading next towards the May 21 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Grin is a cryptocurrency focused on privacy without censorship in its implementation of Mimblewimble. The Cryptoverse covered the coin earlier

Multiple Streams of Income is Key to Financial Freedom

Did you know that the majority of multi-millionaires have seven or more streams of income.  Yes, that is correct – Seven!
Still have some work to do…
Having that many streams of income sounds great, but what it really had me thinking about is the majority of society only has one. One income – generally a job, which you can lose to a layoff, firing, etc. Putting someone at zero just like that.
Additional Streams of Income
It’s important to have more than one stream of income for several reasons:

It’s prudent (if you lose a single source of income now you have to worry