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Effective Crypto Trading 101 - The Psychology of Securing the bag & Not getting Rekt.

  “The markets can stay irrational longer than you can stay Solvent”  — John Maynard Keynes *** Please Understand *** This is one mans framework for understanding the nature of trading crypto; built on years of experience, great success & painful failure. This is not a course on how to trade. These are guidelines intended to help you understand how to navigate the internal demons that will arise in your decision making process. Following these guidelines will NOT guarantee profits nor will they guarantee protection. Ultimately you must develop your own trading strategies & learn how to masterfully navigate your own emotions. Only you can control your decisions; only you are responsible. High speed, High volatility, High risk… High reward? Welcome to the wild world of cryptocurrency; where wash-trading is commonplace & headlines of fantastic wealth being made overnight are constantly deluding people from the truth... The landscape of crypto trading is constantly evo...
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Realistic Look at Next Bitcoin Bull Run

  The longer that you are in the Bitcoin market, there is something that you will begin to notice. While prices are going up, everyone becomes overly bullish, and also overly bearish while prices are dropping. The last two years have been great examples of this. In 2021 after Tesla had announced it bought Bitcoin, the FOMO in the market was through the roof. At the time, Bitcoin’s price was just under $40k, but in the weeks to follow would rise all the way up to $64k. Experts and analysts were claiming that this was only the beginning. If you made price predictions for it only reaching $100k, this was considered to be a bearish take. Instead, there were predictions for $200k,$300k, $500k, and even higher. An idea called the Bitcoin Super Cycle even began to become popular. As we now know, Bitcoin wouldn’t even reach the lowest of those predictions. On the flip side, when the market turns bearish analysts claim that this is the end for Bitcoin. That was the mood in the market in the...

Top 5 Things to Consider When Deciding to Accept Cryptocurrency Payments (Part 2)

As more businesses are considering accepting cryptocurrency as a form  of payment, it's important to carefully weigh the pros and cons of this decision. The rise of cryptocurrency and blockchain technology has also been associated with a growing movement towards self-sovereignty, where individuals and businesses seek to have more control over their financial assets and transactions. Here are the top 5 things to consider and how to accomplish each one: Volatility: Cryptocurrency is known for its volatile market, with prices often fluctuating rapidly. This means that the value of the cryptocurrency received as payment could be significantly different from the time of receipt to the time of conversion to a fiat currency. To mitigate this risk, businesses can consider converting their cryptocurrency holdings to fiat currency as soon as they receive payment. This way, the business is exposed to the volatility of the cryptocurrency market for a shorter period of time. Alternatively, busi...

Marketing Lessons I Learned At the Strip Club

  If you want to make money, pay attention to when you give it away. If  someone has a method that works on a wise and frugal consumer like you, you can probably make it work on the public as well. I’m not a wise and frugal consumer like you. I went out one night with the goal of burning my Christmas bonus. But I paid attention to it, and I learned some interesting lessons from the pretty girls at my local strip joint. Here’s how the interaction went down: I walk in, flash my ID, pay the cover. I sit down, order a beer, and an above-average blonde girl in lingerie joins me in exactly 1.4 seconds. “Hey there, I’m [Name],” she says. “Hi, how are ya?” “Good. Did you just get here?” “Yeah, I just sat down.” “Cool. Yeah, it’s pretty slow, I think I’m gonna get out of here soon. Are you interested in a private dance?” “Maybe, how much?” “$35.” I notice a sign by the booths. “That sign says $25.” “I charge $35.” she says. “You must be pretty special then,” I say, reminded of a simila...

The Most Hated Bull Market. Getting Ready for The Unthinkable

I find it quite amazing that some people crypto still believe we're in a bear market after all the pumps and strong rebound BTC has had since the $16k so-called "bottom"... Then again, I refused to believe we were in a bear market, back in 2022, when we were actually in one, thus I can't bash these people in any way. But now, after a year-long correction for Bitcoin...I might be wrong, but I'm taking the bet that we're out of the woods already and burning brushwood right now. So, starting from the premise that 2023 is the first bullish year of another four-year cycle after the "2022 bear market" we can say that we should expect up only from now on, and so far 2023 has been all about respecting that. Typically, during bear markets, every relief rally that occurs in the downtrend is sold out pretty fast. Now, all we see are slight corrections in price before the uptrend continues for the past three months or so which doesn't feel like a bear marke...