I am being asked by a few people these days what kind of indicators I use to trade bitcoin. So I thought I’d give it a shot and put it to paper.

It is important to understand: this is my personal opinion and none of this is financial advice. This isn’t my professional opinion either. If you read it, you should treat it like any other piece of information. Verify yourself, do your own research, and never trade based on someone else’s opinion. Also, I have been trading financial markets for over 20 years, so there are quite a few…


In light of the tether topic continuing to be a divisive issue for those in crypto who look in detail and a mystery to those that just come across it, it is a good time to put my own thoughts to “paper”.

For those of you who do not know: tether is the largest “stablecoin” in crypto land. It is based on the premise that 1 USDT (a US Dollar that Tether Inc transfers on the blockchain) is always backed 100% by real US Dollar that someone sent to Tether Inc. The blockchain-based USDT is much faster than real USD…


Aside from what indicators I use to trade bitcoin (article here), another topic I frequently get asked about is how I find token such as YFI or YFDAI so early. The answer is simple: mostly luck.

However, I do think that I can add some useful perspective to the discussion in terms of what CAN make a really strong token and I am happy to share my criteria.

As always, none of what I write here is financial advice or any other kind of advice. …


Previous readers of my stories may and followers on twitter definitely will remember that, when it comes to crypto, I support uses of the blockchain and even the “movement” to a degree, but I am always sceptical and highly critical of the scammy nature of the industry. You may also have come across my article on why we were in a bubble from Nov 2017. If not, you can always have a look at my archive.

Crypto has always had a place in my heart and I continue to be an active follower as investing in general is one of…


Source: Shutterstock

This is a continuation of a series of articles I published on bitcoin price, the latest of which you can find here.

Unfortunately, I had a brief stint in the hospital for something I could not put up for longer and also a busy time at work, so I have simply not had the time to give a proper update before and even this one will just mention the most important considerations in my view.

Brief review of where we are in terms of price

You will remember that I had three possible scenarios for the price of bitcoin in…


Source: CryptoNewsReview

I do not have too much time right now, so this update will be a brief one that continues a series of price pieces that I wrote over the years. In my last article I wondered if we had seen the bottom and concuded that bitcoin could have reasonably seen the bottom and that one of the first indicators would be breaking a bearish triangle to the upside (it was actually a bear flag at the time). Obviously that happened by now.

I also mentioned that I would be looking for confirmation of that move and that there is no…


This is the continuation of a series of posts on price action in bitcoin and crypto. The last article from this series can be found here. In that article, on November 20th, as bitcoin traded around $4,000 I went neutral from Bearish for the first time in over a year and specifically stated: “I think in all likelihood the price will go down to sideways for potentially quite some time here to build out this bottom and ensure people just lose interest (that’s what markets tend to do)…”


Tales of Depressions, stores of value that become a medium of exchange and workings of the economy, as well as the role of “evil” central banks

Source: bitcoin.com

It was hard to get started on this story, because quite frankly it is hard to know where to begin.

I have a list of topics that I want to write about and this one got triggered multiple times by tweets from the so-called OGs hailing the new age of bitcoin as the global reserve currency and more importantly speculating about any country actually using it as a replacement for its fiat. …


Source: bitcoinexchangeguide.com

Here is a simple way to determine whether prices in crypto have bottomed. The more of these items are true, the more likely it is that crypto prices have bottomed. It is for now, just a loose list of indicators. We are unlikely to have hit all of them by the time prices bottom, but the list is long in terms of things I think need to happen to be half-way certain. By the way – this list won‘t be helping to time the exact bottom. Catching a falling knife is chance and not process. …


As the SEC started to publish settlements with more known ICO offerors regarding the sale of unregistered securities, the cryptosphere is ripe with speculation regarding the security nature of several high-profile ICOs.

Before I go on, let me clearly state that all of what I write is personal opinion and not investment or legal advice. Also, I am not a lawyer and not qualified to give any such advice. I am writing, solely using common sense and for entertainment purposes. My definitions of legal terminology may well be completely wrong.

Security angst

What is puzzling to me is how vehemently…

DKCrypto

Entrepreneur, Fund Manager, Ex-Consultant and Hobby Ice Hockey Player. Child of the Sun. Any opinions personal, never investment advice, sometimes parody

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