impatientmonk

impatientmonk

Hey everyone, Hope you all are keeping well. It has been a good while since I shared anything, but this actually is something I want to share. Many people are bullish again, but I'd like to weigh in here a little. Just so that both sides of the coin get some attention. I was looking into Bitcoin's relation with the US Dollar Currency Index (DXY). Historically,...

impatientmonk

Hey everyone, Hope everyone is keeping well and in good health. We've seen our crypto portfolios shrink in monetary (FIAT) value. This sucks, but please refrain yourself from making emotional choices here at all times. Above illustration incorporates the recent FED rate hikes between 2015 and 2019 and what the price-action of Bitcoin was in that time period. I...

impatientmonk

Good day everyone! Hope all of you are keeping well, going through this pandemic. Both physically, but also mentally. Having to cope with hyped-up, nervous governments that are going above and beyond to tighten their grip on it's population. Luckily we can focus on something far more positive and above all, more important. Cryptocurrencies. Today I would like...

impatientmonk

Good day everyone! Hope you guys are keeping well and staying healthy. Sometimes things can get a little too exciting. We're seeing bigger returns on our cryptocurrency investments and in result, we spend more time looking at it. And the truth is, you'll find yourself tumbling deeper and deeper down the rabbit hole. So, in a time where FOMO, greed and parabolic...

impatientmonk

It is basically the flipped BTC.D chart, but I hardly see anyone use it. Wanted to share.

impatientmonk

Given some technics from the past few cycles we can establish that the duration of the "big gain" period is extending and the actual gains (%) decreasing. It could be more accurate, but the point is the bigger picture. Hold your coins. Don't get scared. You don't have to "buy the dip" and "sell the top", IF you have the patience and calm to zoom out and focus on...