Bitcoin and crypto market is doing very strange moves. Correcting strongly twice to $1900, $60 billion market cap, yet again today close to the ATH of $2950 and $115 billion. Normally sideways movement means start of bear but crypto cannot be trusted to go your way. Importance of scaling in and out, combing fundamental investing with momentum investing. ... https://www.youtube.com/watch?v=yCrz0wN9Law
The Gallardo Coupe has some space after the seats but the spyder has it where the roof folds in! ;) The smarttop mod to open the roof with your keys (as well as being able to open and close it while driving) I bought from here: http://www.mods4cars.com/
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https://www.youtube.com/watch?v=ls6YnchQTF4
I invest in altcoins such as Litecoin as an insurance but find them not nearly as good investments/speculations as bitcoin. If you want to become rich you must create/buy great value, copying will not cut it.
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https://www.youtube.com/watch?v=MgI906J_qNo
Due to HODL strategy, widespread bullishness, or simply expecting higher prices many, me included, failed to sell to minority share around top. Due to FODL panic, widespread bearishness or just expecting lower prices may cause many, me as well, fail to go to majority exposure around bottom. Therefore I must respect the Kelly criterion that says you should increase your bet size if risk/reward improves (when prices go down), and reduce bet size when risk/reward declines (when prices go up). Ofcourse you need to ride it too, so you only start selling when you reached serious overvaluation on Trololo chart and only start buying when you reached serious undervaluation. But you should start strong and go to minority or majority immediately as you never know how high or low it will go, you may well have reached the top/bottom already the moment u reach serious over or undervaluation. But if not, you continue to scale down, or scale up as higher or lower prices are reached. That is a winning strategy.
Links:
Checking track records:
https://twitter.com/marcdemesel/status/1118073037264494592
Trololo Chart:
https://twitter.com/marcdemesel/status/1114145360086171648
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https://www.youtube.com/watch?v=tMqOZRIKfaw
If we go up from here and my low ball orders for BCH around $100 do not get filled will use it to buy smaller coins at the end of the sideways movement when bigger coins went up already but smaller ones went down vs BTC/ETH/BCH and sideways vs fiat. Hash war was a big succes for BCH, and even for BSV. Still think selling your BSV to increase your BCH stash is great deal thanks to recent rebound of BSV.
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https://www.youtube.com/watch?v=eKrSR10Gzuk
Today another project is forking off from Bitcoin Cash, but again, just like with BSV fork 2 years ago, the implementation free of rent seekers succeeds in keeping the Bitcoin Cash name and BCH ticker. I'm going through the history of Bitcoin to show why Bitcoin Cash today is a great investment and needs your support.
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https://www.youtube.com/watch?v=ks0u0F9J6EM
Short video why I believe Tesla is still great investment as long as it did not breach ATH of $380
Good fundamentals video from "HyperChange" why Tesla is great investment:
https://www.youtube.com/watch?v=XkKyeSiWMe8&t
Great more neutral channel about Tesla and EV's "Sean Mitchell":
https://www.youtube.com/user/seanmmitchell/videos
as well as great more neutral channel "The Market Is Open":
https://www.youtube.com/channel/UC_MiX28ydqzqEERnt0qzkdg/videos
Peter Lynch, great speech on investing in stocks, see also my other hero's in this playlist:
https://www.youtube.com/watch?v=_T-uS2GTLZU&list=PLJsRA97ztzdJxDXQ4LBU98TWCUjjbgDhU&index=32&t=0s
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https://www.youtube.com/watch?v=REEx2qdKMNw
All coins now $280 billion current market cap, but only $83 billion is fair value based on their past growth rate extrapolated into the future. From here we can go straight to 800% overvaluation, around $1 trillion market cap, but it could also take another year and first revisit the purple again to say $120 billion. Check out my previous video for more background on the chart: https://www.youtube.com/watch?v=AaICCZVkIJk
Please donate to Trolololo by scanning the QR code on the chart, if his charts helps you making money. Check out his thread on bitcointalk here: https://bitcointalk.org/index.php?topic=2000218
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https://www.youtube.com/watch?v=nAT-c2bflTI