Psycho Crypto
Psycho Crypto

Psycho Crypto

Fun experiments with crypto!


Is it still profitable to mine Crypto in 2020?

17 Jan 2020 1 minute read 4 comments MadMaxx

Mining has been the in thing since bitcoin. And for good reason. It's (theoretically) a way to get money for free. I say theoretically because that money can and will be eaten up by electricity costs, hardware deterioration costs and the fact that yo...

Why Bitcoin's price increase is mooning other cryptocurrencies.

17 Jan 2020 1 minute read 0 comments MadMaxx

Tip this post if you like it! As we all know and keep on repeating, Bitcoin's price determines the price of altcoins. This means that if bitcoin moves, altcoins move also and vice versa. As much as it may seem unfair, that's the way it is. Bitcoin h...

I bought and sold exclusively at market price for 18 hours.

16 Jan 2020 1 minute read 0 comments MadMaxx

If you follow my posts, you'd know that I like doing these crazy experiments where I just do some random and often potentially dangerous stuff in a bid to make more profit, or just to see what happens when I do those things. These experiments usually...

I caught the BSV 200% move. Here's how I knew what would happen.

16 Jan 2020 1 minute read 0 comments MadMaxx

Tip this post if you like it! I've said it before, and I'll say it again. Technical analysis must be combined with news to give you the best results. And that word of advice just gave me 200% on my $3000 BSV investment. I knew that the move would be...

I tried daytrading Forex for 18 hours.

15 Jan 2020 1 minute read 0 comments MadMaxx

Please tip this post if you like it! So most of my followers know that I trade cryptocurrencies, and I'm pretty profitable with them. But we also know that the rules of crypto trading were lifted from Forex and stock trading. So I decided to see if I...

I traded using only the news for 18 hours.

15 Jan 2020 1 minute read 0 comments MadMaxx

Tip this post if you like it! [My exchange of choice for this experiment was Binance.] If you're a follower of the Psycho Crypto Blog, you'd know how much I love reading crypto news. I'm a technical trader(I use technical analysis to guage my trading...

How to increase your Bitcoin holdings, completely free.

14 Jan 2020 1 minute read 8 comments MadMaxx

Everyone wants to be a bitcoin whale and have a ton of bitcoin. The thing is, BTC is expensive.  I mean REALLY expensive. And the price has been going up faster than ever in the recent days. So how can you get your hands on more of this crypto for fr...

Bottle Pay: A victim of European Capitalism.

14 Jan 2020 1 minute read 0 comments MadMaxx

Tip this post if you enjoy it. Bitcoin payments are slow and agonizing. I once had a client on XBTFreelancer pay me 0.5BTC for a service rendered. He paid it at 9:00am Eastern. It arrived 2:00pm Eastern. I almost reported him for fraud. But that was...

Why you should care about the lightning network.

14 Jan 2020 2 minute read 0 comments MadMaxx

The lightning network is, simply..... underrated. Imagine being able to send a Satoshi to someone for no fee. Incase you're not aware, you can't send a Satoshi to someone else. The mining fees would be greater than the Satoshi you want to send, and a...

What is BitTube?

13 Jan 2020 1 minute read 8 comments MadMaxx

Why pay to watch YouTube when you can get paid? BitTube is a decentralised answer to YouTube. Except there are no ads, and it's powered by cryptocurrency. On BitTube, all restrictions from YouTube are gone. That includes censorship and centralisation...