In the pursuit of trading mastery, the path is often littered with setbacks and failures. However, it's essential to recognize that these hurdles are not just obstacles but invaluable learning opportunities. Learning how to fail – and more importantly, learning from failure – is a critical step towards enhancing your trading success. This article explores the...
Mindfulness is a practice that involves being fully present and engaged in the moment, aware of your thoughts and feelings without judgment. It originates from ancient Buddhist meditation practices but has been adopted widely in various forms across the world for its mental health benefits. In this post, we'll dive a bit deeper into what it is, where it comes...
Hello, folks! If this is your first time reading one of my ideas, welcome, hope you enjoy it. If you are a regular visitor of my ideas, thank you! Let's discuss the fuss around Bitcoin Exchange-Traded Funds (ETFs). With 8 Bitcoin ETFs awaiting regulatory approval, decisions are anticipated between January and March 2024, let's consider how this could shake up...
A lot of folks are scratching their heads, wondering why Bitcoin isn't taking off like a rocket 🚀. Some even reckon it needs to take a nosedive before we see any action. But what's the deal with Bitcoin? Why does it seem like we're just going sideways? Let me break down a few things that, in my humble opinion, are affecting Bitcoin's price and what I think might...
Admittedly, this is a clickbait title ... However, let me explain ... In previous cycles between halvings, the duration between the cycle high and cycle low was 13 months as you can see on the chart, with a price drop of >80% in that period. November '22 marks the 13th month since this cycle's ATH, so if history is respected, chances are that this month will...
Howdy, crypto believers! 🚀🌖 Puzzled about why Grayscale Bitcoin Trust (GBTC) isn't getting much love, despite trading at half its usual price? 🤔 If you're new to the game, GBTC is an investment fund tethered to Bitcoin's price. It's a handy way for investors to tap into Bitcoin's potential without directly owning the cryptocurrency. 📊⛓ Here's where things get...
Have you heard about former Coinbase CTO Balaji Srinivasan's ludicrous bet that Bitcoin will reach 1 million by June due to the banking crisis? That's almost as crazy as late John McAfee's (RIP) bet back in the days. But let's get to the real question, how much "money" would it take for Bitcoin to reach such a valuation? Hmm...a pop quiz seems fun! How much...
🚀🌟 2023: THE year to Invest in Bitcoin according to the Benner Cycle 🌟🚀 Hey there, crypto enthusiasts! 😄 If you're wondering whether 2023 is the right time to jump into the Bitcoin market, read on. In this article, we'll be exploring a fascinating concept called the Benner Cycle, which might just give us a clue about what's in store for Bitcoin this year and in...
Hi and welcome back! As a trader, you have probably at one time heard about the Turtle Traders, right? But what was it, and what can we learn from it? Let me take you on a journey into the fascinating world of the Turtle trading strategy! 🐢💰 This legendary trading experiment, conceived by two master traders, Richard Dennis and William Eckhardt, in the 1980s,...
" Many are called, but few are chosen ". Ever heard this proverb? This is certainly true for trading, in fact, there is even a rule in trading about this, the 90-90-90 rule. So what does this rule say? " 90% of traders lose 90% of their money in 90 days " 😱😱😱 That's right, statistics show that 90% of people who start trading lose the majority of their money in...
A new trader, let's call her Sarah, has just started trading in the crypto market. She has been reading articles and watching videos about trading, but hasn't taken the time to develop a solid trading plan, or to gain a good understanding of the markets and underlying assets she is trading. Sarah sees bitcoin's value is going up, she doesn't do any further...
What's up traders, gamblers, hodlers? Been a while since I last posted an analysis and this was mostly because I've been in denial that we were in a bear market. Bias is a b#... There is hope though... You see, in the 2 previous bear markets about halfway between halvings, bitcoin has found its bottom on the 200 weekly SMA which acted as support. So maybe, just...
Hi and thanks for visiting, glad you're taking the time to read my analysis. If you are familiar with my previous analysis, you know I pointed out that there are a lot of similarities between the 2013 and 2021 bull runs. If you're not familiar with it, I suggest you go and have a look at it here: Now I found even more similarities : The time it took for the...
Hi guys, back with another Bitcoin publication after a couple of months of inactivity. Not because nothing happened, but because my previous analysis is still valid. Anyway, I thought I'd make a comparison between the 2013 and 2021 bull markets, as it is striking how similar they are. Let's start with sharing a screenshot of the 2013 bull run, some annotations...
In one of my previous publications I stated that the majority of new traders fail in the first 90 days of their trading "career". I also mentioned that one of the reasons for it was the lack of a trading plan. So what is a trading plan and why do you need one? Rather than explaining, I decided to give you an example. Below is an elaborate example of a trading...
I know ... I know ... a lot of us would like to erase that drop as fast as possible and continue the bull run, but what is stopping it? We hear stories of whales buying the dip, of stable coins being moved to exchanges ready to buy Bitcoin ... So why don't they, and why is price not resuming its upward trend? 📉 THE BEAR SCENARIO Well, we know that there is a...
You can now buy almost 2000 sats (satoshis), the smallest denomination of $BTC for 1$. That's a hell of a deal, and if you ask me a lot safer than buying meme coins like $DOGE or $SHIB. 🤔 We dropped down about 20% from the high back in April and are now at a previous support level that has been tested once before, so potential bounce and upside is there. What's...
Yes folks ... he did it again ... with a simple tweet Elon Musk has manipulated the market once again ... The contents of his tweet : "Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any...