The Urban Elitist - Markets for Mere Peasants - Crypto, Bitcoin, Forex, Commodities Analysis

Trading and investing is a probabilities game kinda like poker, it is the art of finding and timing the next opportunity and putting the odds in your favor. It is no surprise that a lot of gambling and trading rules are the same and for good reason. Predicting a market is hard, the lower your trading time-frame is the higher the risk of quick draw-downs. Mistakes can come in any form, it can simply be not paying attention, pressing the wrong button or just simply making the wrong judgement. The first mistake is not limiting your size per position, leaving a large part or all of your capital exposed to a single price prediction that could end up against you for some of the reasons stated earlier. A simple question to ask yourself is, do you expect yourself to be accurate 100% of the time and I doubt there is any trader that will answer yes, so diversifying across at least a few uncorrelated positions high and low risk should be a fundamental part of your strategy. This can include...

Bitcoin is in it's final parabolic phase, if you know basic hype cycles and how VC's pump and dump their assets you know the final phase is the fastest and can end at irrational heights. Several Venture Capitalists have called for a price of $10.000 per Bitcoin towards 2018, with an all time high of $7.900 it already came pretty close to fulfilling that. With the CME announcing futures it added extra institutional fuel to the rally, what happens because of the hype a lot of traders and investors come looking to get rich so smarter traders will profit off these swings and combine this with media campaigns. They usually have the big connections to the relevant news outlets as they are big funds with a lot of capital available for these kind of things. Currently the price bounced on a lot of volume around $5.500 and it is currently testing the upper band of the current higher timeframe consolidation range. Breaking the previous high is still very possible considering the mome...

CME just announced they are going to launch futures contracts for Bitcoin due to strong demand. CME is the largest exchange and this is a big step towards maturity of the Bitcoin market, most likely a lot of liquidity will flow into the futures and some large hedge players are going to make use of Bitcoin as a trading instrument. Bitcoin can send money directly from person to person across borders and digitally, also you can store your money anywhere, paper or digitally making it the perfect store for money/wealth and the perfect transfer due to it's decentralized protocol and incentive for users to secure the network. Larger players in the financial markets recognize this too and are always looking for ways to diversify their portfolio, cryptocurrencies are a new asset class and are a great hedge against traditional fiat money. Right now platforms like LedgerX and CME allow for institutions to easily access the Bitcoin market without all the hassle that comes with using the n...

Markets are influenced by the speculative behavior of the people that are active in them. For a long time fundamental and technical traders debated what really provided the edge in this battlefield. Recently though there has been a shift in the perception of it's reality, the fields that cover this: behavioral finance & economics. Deciding whether to risk ones money based on information with only the promise of a possible return easily triggers an emotional response and even though our outside brain cortex has given us the power to high cognitive function, science actively seeks out contrary opinions to prevent our observations becoming biased. Analyzing a market works in a similar way, you make an observation which can be anything from a sideways market setting up, to a trend in progress. This observation gives you a signal of opportunity and the decision making process begins.

Altcoins are in right now, success stories all around, millionaires in their twenties making better returns than the best institutions. How is all this possible without anyone losing? Answer: it's not. Altcoins are mostly what's called Pump & Dumps, which means highly manipulated and fundamentally very inefficiently priced. Now with Ethereum's ($ETH) business success and the creation of the Blockchain Application Layer things are only getting better. Numerous ICO's raising millions of funds for projects with no equity or ownership, just mere speculation. For young traders that just started getting a taste of the markets it's the perfect gateway drug, but on the sell side there's a trader that's been around and is ten steps ahead of you. It's the first experience for young traders of the real world. Lies, emotions and wolves everywhere. To make money in any market, there's two exchanges that take place, your entry and your exit, the differenc...

The information age is in full effect, populist politicians stand more chance than ever as proven by Trump. In a brutal campaign against the Democrats, supported by Russian hacking and WikiLeaking, Hillary didn't stand a chance. By now more people are learning that the legacy power structure in place by the imperialists and it's deception, centuries people were misguided and misdirected by public policy setup by an elitist class of people that are in dissonance about their position. Trump was just the first blow but since he's still pushing divisive and non-progressive policy he's not a total threat. Information is growing exponential, with more exposing of #FakeNews the average joe is becoming more an enlightened being. With our smartphones and fast mobile connection we can research stuff within a matter of seconds and all this is speeding up the process of education and innovation. For a long time corrupt central bankers and governments tried to keep markets un...

This is my genesis blogpost. Blockchain is gonna change the world and I'm here to explain you why, I'm a programmer, owner of a marketing/communication company, a financial market & cryptocurrency trader and educator . Welcome to my blog. Bitcoin is an implementation of whats called a Blockchain, this is a decentralized database that can server as many things one of them being a value transfer like a payment :). The keyword here is decentralization , unlike traditional FIAT currency like $USD or $EUR, Bitcoin ($BTC) has a limited supply of 21million and is not controlled by a central authority. It's network is secured by a global decentral network of people who contribute power to secure and encrypt the data so it remains valid. This makes sure the database can never be tampered with . What people fail to realize though is these cryptocurrency networks (or Blockchain implementations aka Bitcoin & altcoins) have intrinsic value to exist and a known finit...