Posts Tagged ‘Crypto’

This week, we were able to bank some profits and reduce our exposure, thanks to the 50% rally in BTC. Of course, I didn’t buy at the low or sell at the high but taking a nice chunk out of this move was very satisfying.

I am more than happy with the recent strength in various markets, especially as it’s removed a lot of the doom and gloom that hung over the markets throughout most of last year.

We’re into the early days of the year, and the short-term direction remains unclear. Equities have held relatively firm over recent weeks. Not because the economic outlook is improving but because the bad news has become a little stale.

Let’s start the year on a high.

I spent some time over the winter break checking up on past reports, re-evaluating what I’d discussed and what had happened. With a few exceptions, it worked out a reasonably good year, with most things expected coming home.

I was going to write a report on my views for next year, but playing pin-the-tail-on-the-Donkey, when the outlook is less than positive is hardly a great way to end the year.

It’s the season to be jolly, but much of that will depend on whether your country is still in the World Cup. I’ve enjoyed this World Cup more than I expected.

I’ve traded through every “boom and bust” since the 1970s, but today’s environment is unlike anything I have seen or experienced. In this business, everyone, especially those who make comments and observations, needs to find something to be excited about and promote to clients and followers.

In case you have missed it, a very controversial World Cup tournament is underway in the shifting sands of the Middle East.

This 4-week tournament cost much more than SBF lost his investors. Still, it has failed to damage the reputation of football as much as SBF hurt the reputation of cryptocurrencies…

I lost money last week on BTC because an industry-created superstar turned out to be a crook! The loss itself hasn’t annoyed me much because giving a little bit back to the market happens now…

The investment world has been relatively boring for the past few months, which is not unusual following a massive decline or during a…

You cannot compare the two because one is a political theory, and the other is economic. However, from an investment or speculation point of view, making money is becoming increasingly challenging because we must consider what politicians will or might do.   I am a libertarian, and so much of what is going on today…

Last week when I wrote, Liz Truss was still Prime Minister, and Jeremy Hunt had just become Chancellor, which I hoped would steady UK PLC. That would support cable, Equity Markets, and BTC, which I have suggested buying for the past few weeks based chiefly on technical observations.   This week, I am writing this…

That’s a fine word for non-native English speakers.   In modern-day usage, it is the state of mind of politicians. It means: they are so confused they haven’t got a clue what to do!   I could suggest “flummox” is a disease Liz Truss caught from Joe Biden, but because it is breaking out in…

In the digital age, electric power is the lifeblood of our society; without it, all hell breaks loose.   Although, I do not foresee a period when the internet goes down. I can anticipate a period or periods when our access to the internet is limited and restricted. I remember the 1970s. A time when…

Lenin said, “There are decades where nothing happens, and there are weeks where decades happen”. For a political junkie like me, the past few weeks have been full of happenings.   Kim Kardashian got a fine for doing what everyone else does? I know nothing about the woman, other than she became very wealthy because…

Over recent weeks, I have been suggesting to readers that buying BTC on a scaled-down basis could prove fruitful. Over the same period, most people have been bearish on crypto, and many have preferred ETH to BTC. And possibly, the majority of pundits might well be proven correct.   However, it might be a good…

I shed a few tears on Monday when my Queen, Elizabeth, was finally put to rest. Her burial signified an end of an era, and like any end, it means things will change.   In the UK, we can debate the Monarchy’s future; will Charles III will be a good King? How long will it…

Refreshing the batteries by getting out and seeing a few different sights is always good.   However, losing your Queen is devastating.   The Queen is dead. Long live the King! That sounds all well and good, but for many of us, the loss of Elizabeth II is a hard pill to take. I don’t…

Your favourite Old Man is going on holiday, and as the markets decline, it sure seems like a good time to take a few weeks off. Indeed, considering the state of the economy, this might be the last one I can afford for a few years. I’ve been bearish for the best part of a…

Breaking News! North Korea buys Russian Oil with Euro, European court issues arrest warrant for a Dutch programmer at ECB. Although it was the job of ECB programmer to improve the functionality of the ECB printing press. The court decided that because North Korea used some of the newly printed money to buy Russian Oil,…