Psycho Crypto
Psycho Crypto

Psycho Crypto

Fun experiments with crypto!


Trading the Forex is your best bet now. Here's why

6 Apr 2020 1 minute read 1 comment MadMaxx

Crypto is a dangerous place right now. Today was one of my worst days yet. I didn't anticipate the bitcoin pump, or the ethereum pump, and I was neck deep in alts traded against those two coins. Today alone, I've lost over $4000, making this my first...

Has Bitcoin broken its downtrend?

6 Apr 2020 1 minute read 3 comments MadMaxx

In possibly the most exciting news of the day, and a great way to start the week, Bitcoin has popped like a bubble through its 6900 resistance. It's now exchanging hands at a little over $7100, which is exciting news. Now, is this a sign that the dow...

What alts do I trade?

5 Apr 2020 2 minute read 2 comments MadMaxx

Ever since I put up my telegram username for someone to contact me, I've gotten a fair few questions about what alts I'm trading. I have created this post to give that information out to everyone who wishes to know.  Now I won't be giving ALL of the...

Tokenized gold was my greatest safe haven asset.

4 Apr 2020 2 minute read 4 comments MadMaxx

We're all aware of the almighty, mother of all crashes crash that just happened in the global financial markets. Unfortunately that crash took our lovable Bitcoin along with it. Bitcoin quickly recovered however. I wasn't able to move my money out of...

Why Bitcoin and alts are inverse correlated.(in less than 250 words)

4 Apr 2020 1 minute read 2 comments MadMaxx

Ever wondered why whenever bitcoin goes up, alts go down? Every single time. Even yesterday. As Bitcoin grazed the $7200 levels, all the alts I was trading fell like bloody rocks. I had to take a small loss on most positions even as I wasn't fast eno...

Here's why you should be buying up alts.

4 Apr 2020 2 minute read 2 comments MadMaxx

Here's the thing: I don't like engaging in financial advice, because, you know, I'm not certified. But whenever something works for me, I can't help but share it with others. Although that usually causes the source to dry up, I mostly feel good becau...

Bitcoin's pump explained.

3 Apr 2020 1 minute read 2 comments MadMaxx

It's been a while since I did an old fashioned technical analysis talk on Bitcoin here on this blog, so I thought that this recent pump to 7.1k might be a great time to do so. So let's get started! Ok. First, a chart. As we can see, BTC's price drop...

Decentralised Vs centralised publishing platforms.

3 Apr 2020 3 minute read 2 comments MadMaxx

Given what recently happened with STEEMIT, HIVE and good old Justin Sun, one can only wonder why he was trying to centralise the STEEM blockchain. Could it be that centralised publishing platforms are better than their decentralised counterparts? Goo...

Hodling is bad for you. Here's why.

2 Apr 2020 3 minute read 11 comments MadMaxx

Put down the pitchforks people. I know that many people are anti this title. But let me explain before you click off. See, if you check my blog, I did an experiment where I held and traded the same amount of Bitcoin for a year, and the results were s...

So what happens to STEEMIT?

2 Apr 2020 1 minute read 4 comments MadMaxx

Post hard fork, what will happen to STEEMIT and STEEM? Now that Justin Sun of Tron has taken over the STEEM blockchain, and many pissed off Steemers forked the chain and created Hive, there has been a pretty expected question: What next for STEEM? We...