Crypto Market Update
The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.
0:00 Infrastructure Bill – Tweaked as Promised
As promised – it could not execute in last weeks form
0:30 Gensler Speaks This could be a danger for Alt-Coins down the line – hence i am heavy in BTC
BTC and everything else
Deep domain
Every ICO is seen as a security
Many tokens may be unregistered securities
2:00 How to use FUD
3:00 Mini Golden Cross 20 DMA x 50 DMA
4:00 Golden Ratio and Elongated Cycles
6:00 Second Domino – Uruguay? Sen. Juan Sartori
Introduced a bill to make cryptocurrencies legal tender
“Crypto-assets will be recognized and accepted by law and applicable in any legal business. They will be considered valid means of payment,”
7:00 BCH fairing better
8:00 BSV Bitcoin Satoshi Vision led by fraudster Craig Wright is still a fraud
9:00 ETH Double Pump
10:00 What is in EIP1559
EIP-1559: Fee market change for ETH 1.0 chain
EIP-3198: BASE FEE opcode
EIP-3529: Reduction in refunds
EIP-3541: Reject new contracts starting with the 0xEF byte
EIP-3554: Difficulty Bomb Delay to December 1st 2021
12:00 ETH Chart up 235 today
14:00 Crypto Investor Mistakes Survey
This study has a 3% margin of error on a 95% confidence interval. 7.4% of respondents identified as Gen Zers, 66.9% as millennials, 21.4% as Gen Xers, and 4.3% as baby boomers.
16:00 Panic-selling coins
Released their coins before receiving payment,
Buy too much of one type of coin. Diversifying is a key to investing in any arena
No homework
Crypto Investor Investing Mistakes
17:00 In Tesla and Bitcoin News
Bitcoin may have hit 50% in its consumption of renewable energy or beyond the number
Not accepting BTC yet
18:00 Monero News
19:00 Fidelity Buys 7.4% Of Marathon Digital
20:00 Dumpster Diving for Next Alt
I will be slowing down my coin analysis – far too much junk out there
Will stick with disruptive large and mid-cap
Regulations giving me pause
Want more?
(you know what to do!)