Hi Mark. I am currently solidly invested in crypto, mostly in alts. I have read your analysis of a probable crash or significant price drop in the near future and would normally have waited and saved up some cash until a better opportunity. But it so happens I sold some stocks recently and have quite a bit of cash at hand and want to put that into some favorite alts (that have had a pretty big spike recently) before the bull run/alt season.
If you were me, would you have been ice cold and waited for big correction or put some into the dips like the minor one we are seeing now?
Overnight more Chinese financial authoritarians ( banks and governmental ) all came out declared crypto as illegal. More severe measures are to be put to further eliminate crypto out of the China's financial system, ........ That should be playing as the current headwind. But eventually it is a good thing because the commies are never to be trusted to play a majority role in this
I'm interested in Altcoins and tried to subscribe to the Altcoin insight channel. It says that the channel is part of the Crypto is Easy. But when I subscribed to Crypto is Easy here, I still can't access the Altcoin updates.
It is said the drop is caused by the news that FBI has recovered 60 some BTC Ransome through a private key. Does that mean someone has cracked the code? What is your take? Do you know any behind the door stories? Eager to know more about this.
I pretty much agreed with everything you said and love your caution and focus on the grand picture in this crypto frenzy. However, I still can't wrap my head around Bitcoin and don't understand why people believed it so much in the future.
I do believe crypto is the future and appreciate that Bitcoin showed a new way of finance, economy, and technology. But I’m very confused why so many people claim it will be the future when there are so many other cryptos that not only do the same thing but better in other ways.
In the future, for an ordinary person (non-investor, speculator), if they want to use crypto as a medium of exchange, why would they want to buy bitcoin if they can instead buy Ether (dapp exposure), Menoro (privacy), or even BAT (ads potential, for now).
I know that Bitcoin is the king now is because of the first-mover advantage and people’s familiarity with it. It's the first thing most ordinary people will experience when they want to dive into crypto. But in the long run, the first-mover advantage won’t prevail if it does not evolve with its competition. It will be replaced by those that exceed the first mover. I remember people were complaining about smartphones when smartphones first came out. “It’s unsafe. It may explode. What if you touched the screen by accident. why do you need to listen to music on it. Just get an MP3.” But as time passes by, the technology that offers better utility will always weed out the ones that can’t keep up. Throughout history, the first mover will hardly stay till the last. I'm just wondering, is there anything special I missed about Bitcoin other than its current adoption rate that will prevent it from giving up its crown eventually. I’m not thinking about now or even 5 years. I’m talking about 10, 20, or even 50 years. If crypto truly will revolutionalize the world as you said.
Hey mark. Thank you for all your hard work. My question is that I understand we are overheated in the Bitcoin charts and waiting for inevitable correction. I also understand that signs are nigh for an inevitable alt season. What I was hoping for clarification on is when you think alt season will happen in relation to the bitcoin correction? After all it doesn’t make much sense to scale out of Bitcoin (which most of my portfolio is in) or even to buy alts with usd right now if the price is going to plummet taking alts with it. Unless you think alts and bitcoin will most inverse to each other?
Thank you for your awesome content. I have a question regarding alt coins. Are there coins currently that you think are a good buy, I ask because of the recent spike. — Ajit
Hi Mark. I am currently solidly invested in crypto, mostly in alts. I have read your analysis of a probable crash or significant price drop in the near future and would normally have waited and saved up some cash until a better opportunity. But it so happens I sold some stocks recently and have quite a bit of cash at hand and want to put that into some favorite alts (that have had a pretty big spike recently) before the bull run/alt season.
If you were me, would you have been ice cold and waited for big correction or put some into the dips like the minor one we are seeing now?
Overnight more Chinese financial authoritarians ( banks and governmental ) all came out declared crypto as illegal. More severe measures are to be put to further eliminate crypto out of the China's financial system, ........ That should be playing as the current headwind. But eventually it is a good thing because the commies are never to be trusted to play a majority role in this
Hey Mark. Thanks for the insights.
I'm interested in Altcoins and tried to subscribe to the Altcoin insight channel. It says that the channel is part of the Crypto is Easy. But when I subscribed to Crypto is Easy here, I still can't access the Altcoin updates.
Hi Mark, I think I just signed up for your subscription for a. Second time. By mistake
It is said the drop is caused by the news that FBI has recovered 60 some BTC Ransome through a private key. Does that mean someone has cracked the code? What is your take? Do you know any behind the door stories? Eager to know more about this.
What is your thought on this drop?
If I have some DOT, will you recommend staking them?
Mark, CHIA is being touted as the new super star. Can you shed some light ?
Are you buying WAXP?
Any thoughts on Sushi? has been weak.
Mark, it appears that btc stays on a 7-month hype is within reach now. ETH is hitting ATH
I pretty much agreed with everything you said and love your caution and focus on the grand picture in this crypto frenzy. However, I still can't wrap my head around Bitcoin and don't understand why people believed it so much in the future.
I do believe crypto is the future and appreciate that Bitcoin showed a new way of finance, economy, and technology. But I’m very confused why so many people claim it will be the future when there are so many other cryptos that not only do the same thing but better in other ways.
In the future, for an ordinary person (non-investor, speculator), if they want to use crypto as a medium of exchange, why would they want to buy bitcoin if they can instead buy Ether (dapp exposure), Menoro (privacy), or even BAT (ads potential, for now).
I know that Bitcoin is the king now is because of the first-mover advantage and people’s familiarity with it. It's the first thing most ordinary people will experience when they want to dive into crypto. But in the long run, the first-mover advantage won’t prevail if it does not evolve with its competition. It will be replaced by those that exceed the first mover. I remember people were complaining about smartphones when smartphones first came out. “It’s unsafe. It may explode. What if you touched the screen by accident. why do you need to listen to music on it. Just get an MP3.” But as time passes by, the technology that offers better utility will always weed out the ones that can’t keep up. Throughout history, the first mover will hardly stay till the last. I'm just wondering, is there anything special I missed about Bitcoin other than its current adoption rate that will prevent it from giving up its crown eventually. I’m not thinking about now or even 5 years. I’m talking about 10, 20, or even 50 years. If crypto truly will revolutionalize the world as you said.
Hey mark. Thank you for all your hard work. My question is that I understand we are overheated in the Bitcoin charts and waiting for inevitable correction. I also understand that signs are nigh for an inevitable alt season. What I was hoping for clarification on is when you think alt season will happen in relation to the bitcoin correction? After all it doesn’t make much sense to scale out of Bitcoin (which most of my portfolio is in) or even to buy alts with usd right now if the price is going to plummet taking alts with it. Unless you think alts and bitcoin will most inverse to each other?
Hi Mark,
Thank you for your awesome content. I have a question regarding alt coins. Are there coins currently that you think are a good buy, I ask because of the recent spike. — Ajit