I have been trading the cryptocurrency markets for only a few months and studying them for several months prior to that. Therefore, I do not consider myself an expert in this new “Wild West” form of investing. Or, is it gambling? Well, I have always loved to gamble, and I do consider […]
I only started trading cryptocurrencies last November, so my experience level is pretty thin. However, I have been trading securities for about thirty years. I also worked for a software company and later an online brokerage, TradeStation, and learned a lot about technical trading. So, I approached crypto trading with the same techniques and […]
Bitcoin is trading up today. The gains are slow but steady – and I like that. The frenzy of December until early February was not a good thing. Markets need to move for a reason other than buyer exuberance. The crypto market is real – there IS an underlying reason for certain coins to […]
The above quote is from The Economist – an internationally known magazine. For a person who has ever piloted an airplane, “tailspin” is a frightening thing. You have to react quickly and correctly, or you are a goner.
Just yesterday, my wife, who is one smart lady, said to me, “If you say […]
Sometimes I wonder if the currency traders of the world ever really look at the fundamentals of a currency pair.
I know that the US dollar is heading for the trash heap. BUT, the Japanese yen is already there. And yet, the yen is making a strong move against the dollar – as […]
Government comments of late – both China and South Korea – have put the crypto -currency markets into a freefall! And it was not all that unexpected if one considers the reality of the situation. Crypto-currencies are viewed as a threat to government control of money. And governments love to control money.
So, […]
Trump is getting a raw deal from the leftist media, the entire democratic party, too many republicans, many federal bureaucrats, even some of his former insiders, such as Stephen Bannon.
In my opinion it is tragic that, so many line up to try to stop Trump in his efforts to bring real change […]
Some Crypto Trading Tips
Money: It cost pretty much the same to wire $100.00 as it does to wire $1,000.00 or more – so plan on sending most of your deposit in one wire. Some exchanges (Like Coinbase) allow you to use a credit card – probably better for small amounts.
Trading: […]
I had a difficult time setting up my second trading account – partly because of the strictness of the system – partly from my own ineptness and failure to do precisely what was asked.
I am going to relate the experience here in the hope that it will save time and frustration for […]
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A Time to Buy Cryptos?
Many of the so-called gurus of the crypto world think that a bottom formation is forming and that now is the time to selectively buy cryptos. I must admit that I am of the same opinion, for whatever that is worth. And I would like to add one additional tip: […]