The Crypto Bull Market left the station today, and if you aren't on the train you are going to miss out. I was predicting the end of the Bear market anytime soon and I'm going to stick my neck out again and say we saw the 2nd half of a double bottom this week.  Then we ran right up to resistance,  1280 on Ethereum (ETH) and blew right through it, hitting 1430 on ETH just minutes later. This could be one of those high speed trains you see everywhere except the good ol' US of A.  Or, it could be a big, lumbering freight train.  But I think more likely it is a high speed freight train.  This market has the potential to blow the doors off of the 2017 and 2021 rallies, and those seemed impossible to beat.  Now, keep in mind we are 80% or more off of the highs, so it shouldn't be too hard to lay some significant  track in the coming months.  I do not give out market advice, and nothing in this blog is intended to serve as investment advice. But, ...

  Ain't no Raging Bull I don't think I have ever made a prediction for the end of a Crypto Bull or Bear market. But, I'm going to stick my neck out and make one now. I think the Bear Market slaughter that's been going on for the past month or so, will experience a short-term bottom, if not a long term bottom, this weekend, or shortly thereafter. I think we are seeing capitulation selling across the board now, and that Crypto very well may turn around as of June 1st. Once it turns around I wouldn't be surprised by a double bottom, but at least we will have seen there is a bottom. What am I Hodling? People always ask me, "What am I hodling these days?" The answer is: A limited amount of BTC and ETH for "stability". A lot of Stepn (GMT) and W2E because I love coins that rise in price and pay the hodler based upon actual exercise by the person hodling the coin/token. A good amount of Decentraland (MANA) and ApeCoin (APE) because I believe the ...

I have mentioned the Bitcoin (BTC) ETF a lot lately in regards to the price of BTC.  Why is it such a big deal?  The answer is because it would bring in so much new money into BTC that the price would likely sky-rocket.  But it wouldn't sky-rocket in a bubble fashion but rather in a very legit supply and demand fashion. First of all, what is an ETF?  "ETF" stands for "Exchange Traded Fund".  ETFs are used to take some target asset, like a stock, or a stock index, or a collection of stocks in a specific industry, and create a fund that mirrors the price of those assets.  Instead of buying the actual assets, you buy and sell the ETF. For example, to trade the S&P 500, you could either buy each of the 500 stocks that make up the S&P 500 (not feasible for most people) or you could buy and sell the "SPY" ETF.  The SPY ETF is set up so the price mirrors that of the S&P 500.  This allows institutional investors an easy way to participat...