Having patience is the hallmark trait of a successful investor. Now, if you’re thinking of buying crypto’s you’d better be patient, because there’s no bitcoin breakout yet. However, the charts are starting to perk up, good news for crypto bulls. Over the years I’ve learned that waiting for a chart to turn bullish is a […]
Bitcoin is locked in a trading range. There are two ways to play a trading range: Bet long or short, or Wait for a breakout, then trade accordingly Surely, savvy traders know that waiting for a breakout is veteran move. Sometimes sitting and waiting is the best trading strategy of all. Technical Analysis: Bitcoin US […]
Stocks are set to soar because of inflation. It’s hard to not to notice the jump in consumer prices. Everything from groceries to gasoline costs more. But where’s the proof? We need data. Okay, not a problem. Let’s look at two factors: wages and debt. Wages Check out the Economic Policy Institute wage tracker. Here […]
Are crypto bulls in for a crypto bounce? Maybe and maybe not. For one thing, expect volatility to remain high over the short-term. That’s great for scalpers, but what about the long-term? Is crypto a good long-term investment? Well, with global Central Banks hell bent on printing money to pay for public policies, investor’s are […]
Finally, a crypto crash is here! For those who have been waiting patiently for a buying opportunity, this is your chance. My crypto post from Monday warned about Bitcoin’s key $43k support level. More specifically, how important it was to hold that level. Well, support didn’t hold and the price collapsed as buyers stepped away. […]
I’ve been waiting for a crypto correction. Indeed, today it’s difficult to hide the fact we are in the middle of a doozy. To be sure, when an asset price corrects, emotions run high. That’s for sure. Equally important, is not to fall prey to Financial TV. For example, take this CTV news headline: Bitcoin’s […]
Coinbase stock (COIN – NASDAQ) slide continues to frustrate enthusiastic investors. No doubt, if you’re a seasoned investor you’ve been through this meat grinder before. I mean buying an IPO or direct listing on day one. Of course, justified by not wanting to miss out. Sound familiar? Hopefully, if you’re in this situation you didn’t […]
Bitcoin ETFs are here. But should you invest in them? If you’re not tech savvy, then investing in Bitcoin can be scary. To be sure, having to worry about digital wallets and public keys is not ideal for most of us. That said, a Bitcoin Exchange Traded Fund (ETF) maybe a good idea you. Cryptocurrencies […]
Coinbase stock (COIN – nasdaq) went public on April 14th at $250 per share. To little surprise, the price surged to $430 on its first day trading. Since then, it’s been a downhill slide. Savvy investors should seriously consider using the current weakness as a buying opportunity. Why? Well, Coinbase stock is the first crypto […]
The large majority of gold investors are gold bugs and suffer from the tragic flaw of tunnel vision. What is a gold bug? Simply put, a gold bug is an investor who dislikes paper money or fiat currency. Similarly, a gold bug wants the economy to return to the gold standard. Not surprisingly, a gold […]
