All tagged -1

Price, Time Period, Volume, and the 4th Dimension of Every Crypto Market!

Most have not heard of the 4th dimension. But exist it does.

The fuel of the 4th dimension is fear. Imagine how useful it would be if you could measure fear, better yet, imagine if you could bottle it. Because if you could, that would mean you could compare how much fear existed at specific moments in time.

Like the MIT’s mental card counting, you could use it figure out your “count.” You could use it as a gauge of when the market becomes less random, or when the market odds swing in your favour.

Asking the Right Questions Overshadows Never-Ending Educational Success in Trading

The 95% make decisions not with their heads, but with their hearts. They take their ideas from others and rarely use their wit to figure out a strategy.

Most delay taking any action until FOMO, the fear of missing out, has them in its grip. The 95% use technical analysis tools to help them make decisions.

The most common tools the 95% use are moving average momentum indicators. Simple moving averages, multiple moving averages, moving average convergence divergence, and stochastics. They use different moving average lengths to predict highs and lows in markets, but which indicator and settings work best? And there’s the trap.

China's Bitcoin Ban Offers a Glance Into a Strategy to Protect Capital Reserves

China has aggressively dissuaded its citizens from buying Bitcoin, yet China dominates Bitcoin mining. Over 70% of all Bitcoin mining is Chinese owned.

If Bitcoin is going to break out to new highs and start a new uptrend, it’s going to need a catalyst.

Some analysts are optimistic that China will lift its ban. If it does then, this could provide the trigger for Bitcoin to move into a new uptrend.

What are the chances of this happening and how do you find out?

Pro traders know their point of reference before entering into a position

Most people are dissatisfied with their lives. And paradoxically, it’s not the demographic you’d expect. The most disenfranchised with their lot is often the most outwardly successful.

It’s because they’ve done everything the system asks of them, and yet they know within themselves they were promised more. Somewhere between 35 and 45 years old, and stuck on the freeway, there comes a time when they ask, “Is this all there is?”

And this is why the lure of magical systems is so persuasive.

The 95% ask themselves, “What if…”

Low tech vs. High tech. Can simple techniques find an edge?

The more uncertain you become, the more likely you are to do nothing. And as you do nothing, opportunity passes you by. There are windows of time to act when speculating in the cryptocurrency markets. Miss them, and your edge slips away. The majority, the 95%, miss out because they look around for guidance from others. They visit chat rooms, twitter feeds, facebook, anywhere to give them a clue.

The masses do almost everything, except what is required to be consistent and successful in speculation.

Cheap doesn’t measure price against price; it measures price against value

When you invest, the only thing you have control over is the price you will pay. Every time you look at a market’s price, you can choose to buy or not buy.

This week Ripple had a slew of positive news releases relating to the adoption of XRP, the Ripple protocol currency, and the announcement that xRapid, the cross-border payment system, is going live next month.

Huge volume accompanied by good news. Does this mean the bear market in Ripple and cryptocurrencies is over?

Speculation in cryptocurrency markets is difficult because the lesson comes after the test

Onboard an emotional roller coaster trying to be right, with no plan, no risk, and no money management, the 95% are destined to fail.

The 5% are patient. They wait for catalysts to force them into a position. The 95% think about the price they pay, but the 5% don’t. The 5% wait for triggers; they wait for catalysts that change the dynamic between supply and demand and events that change perceived future value.

Is there a root cause behind the development of new technology?

Cryptocurrencies: Imagine you know with absolute certainty what is going to happen in the future.

If you can figure out the most likely shifts in society, you can use your observations of actual market behaviour and trend, and adjust your expectations as the market gives you new information feedback.

If market behaviour matches your expected long-term view, each data point that supports your hypothesis builds on the last allowing you to build up a big picture overview of complex markets.

Getting on trend will help you trade the right market at the right time.

In October 2018, cryptocurrencies are in the doldrums and waiting for a catalyst.

It’s estimated that 49% of Central Asia and Eastern Europe, 59% of South East Asia, 65% of Latin America, 67% of the Middle East, and 80% of Sub-Saharan Africa are unbanked.

Or put another way 2.5 billion people are without basic banking services.

One possible catalyst and the propellant for blockchain technology along stage four of the hype cycle, (the slope of enlightenment), is decentralised exchanges that serve this market.

Blockchain technology: Is there a secret sauce?

Most people don’t know or care how their television works. All they care about is the on/off and channel buttons. Most don’t understand how their car works, or how a synchromesh stick shift gearbox magically gets them five blocks away from home without even thinking about it.

Understanding how Cardano’s proof of stake algorithm, Ouroboros, works is one thing. But using this knowledge to benefit from investing in ADA is quite another.

Short term pump or real trend? — Cryptocurrency metrics that matter.

The 5% club understand the most important variables the financial world uses to figure out the likelihood of money flowing into or out of an asset class.

One of the variables to be considered is the opportunity cost — aka the discount rate. Knowing the discount rate is the key to unlocking intrinsic value. And if the 5% have an estimate of the intrinsic value, they can compare it to the asking price.

The bottlenecks behind blockchain security

The 95% are controlled by their emotions. When a word like anarchy is used, it causes a lot of discomfort to the 95% because they use the best heuristic to make sense of the information. Anarchy is an example of an abstract word. It gives the appearance of explaining everything, yet it explains nothing.

In political science, anarchy is a word, when used in international relations, describing any possible state between order and chaos.

So, what has sovereignty got to do with cryptocurrencies?