The weekend has put in a move higher with bitcoin NEO and EOS really having a go. Does this mean I am looking to trade long? Not yet no. It's a time to wait and see what will come of this, it's not clear for me yet as there is some divergence on the daily charts. Be patient!
Angus is a keen cryptocurrency investor and believes that blockchain technology is currently in the process of transforming many industries, providing fantastic opportunities for investors using the right structures with the right advice.
You are going to have to hear many people tell you that you can't, you're crazy, it will never work, but you need to either ignore these people or prove them wrong. I have been there plenty of times before, use their negativity to fuel the fire of your success.
I love my cradle trades and I love using them in this falling market. Last night I wasn't able to take many positions I was stalking because I was watching the Sydney Kings win a game and it was great fun. Today I will be sticking to the same plan to follow and trade this down trend.
I love having Juwan on the show and this is no different. When someone like Juwan speaks, you listen and in this episode, he goes into detail about what the team at Nexchange is working on to bring institutions into the space and what gaps need to be filled before we see the allocation of serious funds into this emerging tech. A show not to be missed.
I have to say that the market looks weak after another day of selling coming in. I see no case for bullish sentiment short term as the trends are very much down. Long term is a different story but for now, I focus on short-term for my trading and short-term it's looking bearish.
An interesting day today in the top-10 with bitcoin and ethereum up along with four more of the top-10, however, there has been some decent moves lower from bitcoin cash and EOS. An interesting day ahead no doubt!
Today I did the podcast as a live Facebook event which was a bit different and a lot of fun seeing you all involved. To those of you who do not follow me on socials then get over and do so, this way you won't miss the live sessions I do. The rest is explained in the show!
Kavita Gupta is a native of India and in 2015, was the recipient of the U.N. Social Finance Innovator Award. She was recruited to Consensys by it's found Joe Lubin, whom after a 2-3 hour conversation with Kavita hired her to manage a $50 million venture capital fund. In this episode, we talk about Kavita's journey into blockchain, how she sees Ethereum and what's in store for her for 2018.
Well over the weekend I put a video out to subscribers about the $4000 level on bitcoin and it did hold and see a slight move higher but does that mean the bulls are back or is this just a weekend movement of confusion?
Being positive can be hard at times but what you put out you receive back and more importantly your words can change someones day/life so be careful what you say and let's help each other rather than put each other down.
I read charts and I trade trends. I trade my strategies and I have done for 12 years, I will do the same today. Bitcoin and many in the top-10 look bearish to me and may offer short trades, I am objective, I trade what I see not what I think or hope, do you?