Perspective, opinion, and commentary on bitcoin, altcoins, and cryptocurrency for people who want to focus on the big picture. Don't sweat the day-to-day. It's cryptocurrency - relax and enjoy the ride!
3 Nov 2022 5 minute read 4 comments MarkHelfman
For years, my wealth management company did not approve of cryptocurrency as an investment. Whenever the crypto market went up a lot, the company sent an email to remind clients that crypto has no value and doesn’t belong in an investment portfolio....
30 Oct 2022 3 minute read 4 comments MarkHelfman
The price of Dogecoin (DOGE), the ultimate memecoin and the personification of everything “real” investors hate about crypto, went up 118% this week. On cue, crypto bros hollered “the bull market’s back!” while crypto critics rolled their eyes. What...
21 Oct 2022 7 minute read 0 comments MarkHelfman
In Q3 of 2022, bitcoin outperformed most financial assets. Look at its competition from July 1 to September 30: S&P 500 (SPX) — down 6% NASDAQ (IXIC) — down 5% Russell 2000 (IWM) — down 4% 20-year US Treasuries (TLT) — down 12% Oil (WTI) — down 27%...
11 Oct 2022 6 minute read 2 comments MarkHelfman
If you’ve subscribed to my newsletter, Crypto is Easy, you know that I’m more tortoise, less hare. Steady persistence rather than bursts of frenetic activity. Marathons, not sprints. Most people are here to make as much money as possible as quickly a...
5 Oct 2022 5 minute read 7 comments MarkHelfman
What’s up? Interest rates. Prices. Stress. In the US, job listings just fell to pandemic lows, property values started to collapse, earnings are down across the board, and unsold goods are piling up in many stores. Elsewhere, pension funds are on the...
2 Oct 2022 2 minute read 4 comments MarkHelfman
It's been a while since I posted! Great to be back. Is anybody else still here? I must admit, I’ve enjoyed the past few months. Some people love the hype, hooplah, excitement, and expectation of quick riches that only come when the market’s zooming....
16 May 2022 4 minute read 4 comments MarkHelfman
Bitcoin’s price tumbled from $40,000 to $25,000 in one week. While that’s not an extreme drop for bitcoin, it came at a bad time, when the market had no liquidity, little new money coming in, and a ton of leverage. Some people got wiped out when LUN...
6 May 2022 2 minute read 2 comments MarkHelfman
Ah, crypto. The playground of the bulls and bears. Which side do you fall on? Since the start of 2022, bears have dominated the conversation. They promise bitcoin’s price will drop to $30,000 or lower. 2018 all over again. Bear flag target is $21,00...
2 May 2022 3 minute read 12 comments MarkHelfman
Almost six months after bitcoin’s price reached its all-time high and roughly ten months after its 2021 low of $28,500, people still argue about whether crypto is in a bull or bear market. What do those terms mean for an asset whose price goes up 100...
28 Apr 2022 3 minute read 2 comments MarkHelfman
Did you hear about Goblin Town? Apparently, the crypto market’s in it. What’s Goblin Town? “A dark, depressing place where dreams die and anguish reigns.” Where I come from, we call that a “day job.” I get it. Since the market reached its zenith on...
