Crypto Contest June 5: Matic Network

Matic Network (Binance: MATICBTC) 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, Matic began a wave one advance on April 26. The red wave one finished on April 26, and the red wave two correction ended on May 10. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on May 21, and the red wave four (blue sub-waves a-b-c) correction ended on June 3. If this wave count is correct, Matic should be heading next towards the May 21 peak in the red wave five.

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

Funnymentals

Matic

Crypto Contest June 4: Bankex

Bankex (Bittrex: BKXUSD) 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, Bankex began a wave one advance on February 16. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 10, and the red wave two (blue sub-waves a-b-c) correction ended on May 26. If this wave count is correct, Bankex should be heading next towards the April 10 peak in the red wave three.

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

Funnymentals

Bankex operates a Proof-of-Asset Protocol to bring Bank-as-a-Service (BaaS) and blockchain together and facilitate the digitization, tokenization & exchange of

ScaredyCatGuide’s Personal Finance Allocation Tip

A personal finance tip for how to allocate income, the buckets I use and the percentages that go toward each.
It’s a video I did some time back, here is what I lay out:
Income Allocation
55% towards living expenses (mortgage, food, utilities, etc.)
20% toward long-term savings/rainy day fund (for emergencies or replacement of large ticket items)
10% for investing/passive income creation (investing in and acquiring income producing assets)
10% for fun time money (pure discretionary income to spend on anything you like!)
5% for learning and getting better (taking a class or a course, i.e, learning something new)

(^ awesome t-shirt, right?)
This is a ratio I

Crypto Contest June 3: BitKan

BitKan (Huobi: KANBTC) 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, BitKan began a wave one advance on February 19. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 3, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, BitKan should be heading next towards the April 3 peak in the red wave three.

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

Funnymentals

BitKan is a cryptocurrency data and blockchain community service provider. They launched BitKan Smart Trade back in April.

(Sources: BitKan and Twitter)

How

Is it Skill or Your Beliefs Holding You Back?

This is a point I have shared before but want to share again.
Anyone who reads my blog or listens to the Scaredycat investor show has probably heard me at least once say:

90% of trading and investing is psychology, the other 10% is skill.

Change Your Story, Change Your Beliefs
This is actually super powerful as most of us tell ourselves a story throughout each and everyday.
It’s that story of why something is they way it is, we rationalize things – we create excuses.
What’s the Point?
The point of bringing this up is that a large majority of the time (more than you think)

Crypto Contest June 2: Metadium

Metadium (Bittrex: METABTC) 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, Metadium began a wave one advance on February 19. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 20, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, Metadium should be heading next towards the March 20 peak in the red wave three.

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

Funnymentals

Metadium aims to build an identity blockchain ecosystem. HighOnCoins covered the latest news one week ago.

(Sources: Metadium and YouTube)

How can I vote?

Investing Mantras I Live By

Investing mantras to live by.  These are something I like to share now and again and since it’s been close to a year it’s time to chat about them again.
Investing Mantras I live by:

If something more than doubles in price in one day – SELL HALF
Buy the dips, sell the rips!
Remember, nothing HAS to happen
You cannot be grateful and angry at the same time

Let’s quickly dig into these one by one….
If somethings doubles in price in one day (or even a few) selling half always makes sense.  Yeah, there are instances where something will triple or more, but there are

Crypto Contest June 1: BitUP Token

BitUP Token (Huobi: BUTBTC) 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, BitUP Token began a wave one advance on February 20. 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 May 14. If this wave count is correct, BitUP Token should be heading next towards the April 9 peak in the red wave three.

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

Funnymentals

BitUP is a digital assets management platform. You can view their roadmap below.

(Sources: BitUP)

How can I vote? Where

How to Track the Real Estate Market and Shift if Needed

Markets are ever changing and that is no different for real estate.  Though there is the broader real estate market the localized markets within it have their own character too. Keeping a gauge on both is key to knowing when to shift.
What worked for the past five years may not work anymore.   Think about anyone that was buying Bank REO’s (bank owned foreclosures) from 2011-2016 – those layups are gone.  There isn’t more supply than demand anymore and banks are listing these near fair market value.
That is a very specific example of when an adjustment needs to be made, some

Crypto Contest May 31: EduCoin

EduCoin (Huobi: EDUBTC) 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, EduCoin began a wave one advance on January 26. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 8, and the red wave two (blue sub-waves a-b-c) correction ended on May 15. If this wave count is correct, EduCoin should be heading next towards the April 8 peak in the red wave three.

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

Funnymentals

The EduCoin platform is designed to be a blockchain-based decentralized global education service platform. You can view their development plan below.

(Sources: