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Showing posts with the label crypto markets

Bitcoin Crash Over, Bitcoin Revolution On

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  Welcome to the Bitcoin Revolution where there is never a dull moment. This story contains my newest crypto market update. From DOGE to BTC, here is where I think we are headed in the short term. You all read the headlines about how Elon Musk, the super villain has been meddling in the crypto markets. He keeps pumping DOGE which is not good for the crypto community. People are attracted to Dogecoin because it has a low price and quick gains. Fundamentally, it is not a secure coin compared to Bitcoin and does not have the network effect. Some idiot bought DOGE will his credit card and made money. This is not a smart idea as he could have lost his entire life savings. If I owed DOGE, I would say to sell it and buy BTC to preserve wealth. My mailman just loaded up on DOGE which makes me think it's done. If you don't see the sucker, you are the sucker. Most alt coins don't stay in the Top 10 for long. Musk also posted on Twitter how he thinks Bitcoin is bad for the environment...

Crypto Death Spiral Incoming

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The crypto bull run has been a free ride, 2021 experienced the greatest bubble so far, how long will this last? This current trend seems difficult to understand, and different from other times, a bunch of people live in disbelief of this new phase. A lot of manipulations seem to be happening in the markets, the stock price is influenced, the crypto prices look like a rising bubble. The pump and dumps cause investors to think the stock market is being rigged. Technically, the stock market should function according to supply and demand, but there are some disadvantages for retail investors. Some bad hedge funds are manipulating the stock market by creating shares from thin air using naked shorts, attempting to bankrupt good companies. What Solutions Do We Have For The Financial Markets? There is a need for an awakening in the US markets, when the fundamentals adjust to the new reality, we will see a financial meltdown similar or worse to the financial crisis of 2008. Many experts have ...

Vinny Called The Crypto Bottom

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Vinny Lingham called the crypto bottom - https://twitter.com/VinnyLingham/status/975381719238004737 In my opinion the bear market is largely over. In a near future article, I will write about my new positions, including 2 new positions I took today. Bitcoin bull Tom Lee says alt-coin bear market largely over. You can read the article on Bloomberg now - https://www.bloomberg.com/news/articles/2018-03-20/bitcoin-bull-tom-lee-says-alt-coin-bear-market-is-largely-over I think things are going to start getting very exciting in Crypto Valley very soon! Stay tuned!