Investing

5,224 Articles 27 Followers


Trading 101: Unlocking the Secret Rules of Support and Resistance Levels

7 May 2023 6 minute read 0 comments Cryptoindulgence

Support and resistance levels are fundamental tools that traders use to analyze the markets. They are key areas where price action is expected to react in a particular way, either by reversing or continuing the trend. Mastering how to correctly draw...

Was Balaji's $1 Million Bitcoin Bet a Failure?!

7 May 2023 2 minute read 16 comments johnwege

Balaji Srinivasan has been all over Bitcoin and finance news for the last two months. The man who bet $1 million that Bitcoin would reach a price point of $1 million within the next 90 days. If you are unaware of Balaji, he was the former CTO of Coin...

Crypto bombs worth 4.3 million BTC

5 May 2023 1 minute read 1 comment Stormgain

The upcoming changes in the form of the de-dollarisation of the global economy and a potential default on US debt offer tempting prospects for Bitcoin, which stands as an alternative to the traditional financial system. But the cryptocurrency has its...

My Opinion of Coinbase has Completely Changed

5 May 2023 3 minute read 15 comments johnwege

Coinbase; the most popular cryptocurrency exchange in the USA. Has long been the poster child for how a crypto exchange should be run. Trying to do everything by the book. Growing users quickly, yet being extremely conservative at adding new features...

SUI Listing Dump!

4 May 2023 2 minute read 0 comments bengy

  Teehee... it starts to feel like the fun of a bull market is starting up again, token drops and crowdsales are starting to appear again. Which does make for some easy money, but you have to be quite wary when it comes to chasing airdrops (don't....

Support level for Bitcoin short-term holders is $24,400

3 May 2023 1 minute read 0 comments Stormgain

On the heels of Bitcoin's 80% increase in 2023, crypto exchanges have experienced an influx of coins brought on by some holders wanting to take profits. On certain days, it reached a rate of 30,000 BTC/month. Peak indicators either coincided with a c...

The Real Reason the US Wants to Stop Bitcoin

3 May 2023 2 minute read 21 comments johnwege

The biggest story of the year in crypto has been how the US government suddenly woke up and began to heavily attack the industry. Going from seemingly ignoring it to it becoming enemy number 1. They have claimed that due to the FTX fraud, they need t...

Being Patient and Clear Headed

2 May 2023 1 minute read 1 comment CryptoManiaks

Stay Patient Be patient - because the sophisticated, wealthy investors are. You may feel desperate to find the next big investment opportunity, but “whales” have enough capital to sit on the sidelines for two or more years waiting for the right time...

The interest of long-term holders will determine the move beyond $30,000

2 May 2023 1 minute read 1 comment Stormgain

Sceptical market participants view the $30,000 level as serious resistance for Bitcoin. For the same reason, some users with wallets under 1,000 BTC rushed to lock in the gains they made in Q1. The increased volatility in recent days led to the liqu...

My Crypto Earnings (April)

1 May 2023 3 minute read 21 comments johnwege

The year continues to fly by and we have already reached the end of April. This once again means that it is my favorite time of the month. When I calculate all of my crypto-related income for the month. If you are new, this is part of an ongoing seri...