The end of another BTC bubble? Did you know since BTC was developed in 2009 it has gone through 6 bubbles? Each bigger and with more activity than the last. A bubble is when price has a dramatic overvalued rise followed by dramatic decline. What people forget is bubbles bring new technology to the public … Continue reading The End of Another BTC Bubble?
Hello everyone. I have found it fascinating to observe the correlation between the recent rise and fall of BTC with the ETF application releases. We see a run to $8,000 upon the rumour it will be approved (reports of a 97% positive approval) followed by the news it was postponed pulling support at $8,000. I … Continue reading BTC Short Term Update
Fun theory for you guys we were discussing in the groups today regarding BTC’s potential during the next economic crash. This is the S&P 500. It is made up of America’s 500 best performing companies which are freshly picked every year. It is generally considered a good investment since the USA is such a well … Continue reading BTC’s future potential: Case study
Doji are important candlesticks that provide information on their own and as components of in a number of important patterns. Doji form when a security's open and close are virtually equal. The length of the upper and lower shadows can vary and the resulting candlestick looks like a cross, inverted cross or plus sign. Alone, … Continue reading The Doji Candle Pattern
Recently we held a poll in our groups to determine which coin members expected to lead the pack in 2019. We listed several including BTC, Stellar, XRP and ADA. In the end BTC came out on top by 42%. After seeing the results of the survey, I felt I should write up something for our … Continue reading Will BTC Remain the Number 1 Cryptocurrency?
Proof of Work (PoW) miners work on behalf of Bitcoin holders to see that transaction are successfully processed. In order to see that these transactions are approved, miners commit their computer’s processing power to solve the encrypted algorithms within each transaction. Proof of Stake differs entirely from Proof of Work. Instead of processing through work output, … Continue reading Proof of Work vs. Proof of Stake
We see people with no experience in market analysis criticize the future of cryptocurrency while banks like Goldman Sachs start preparing their own custody for crypto funds. Who would you trust more? Bank custody is when a bank holds the securities on behalf of a fund, reducing risk for clients seeking to guard against the … Continue reading Goldman Sachs Prepares Crypto Custody
All markets work in cycles and we just went through a harsh 5-month correction. Congratulations to all of you who have survived you will be rewarded, a lot of people did quit. Anyone in crypto long enough will say whenever price was rising how many times did you find yourself disappointed that you hadn’t bought … Continue reading BTC Looking Strong for the New Year
Coinbase announced yesterday that they are going through the final tests for listing ETC on their exchange. The currency seen over 15% growth after the announcement and has continued to hold that level today. Along with this announcement Coinbase Custody also mentioned there are looking into nearly 40 coins for possible listings. “Today, our engineering … Continue reading Coinbase lists ETC
After holding a poll in our story today Simple Moving Averages (SMAs) were voted to have a tutorial on. SMAs are probably the most popular technical analysis tool for traders and investors in all markets. Averages are a big factor of technical analysis and are used to determine many indicators, like the MACD. They are … Continue reading How to Use the Simple Moving Average