2020 started with a crypto rally - so far so good. Some bags can be sold of in this. We do not predict anything because anything could happen... Or manipulated? One of my favorite YouTube channels is that of Bix Weir (Road to Roota). He has - like me - a gold/silver place in his thoughts. His videos on the rigging of the silver price at times are epic. Just a few days ago he surprised me by a very nice song he performed and wrote. He is a strong opponent of exchanges and I could share some experiences that put us in the same line of thought. If you have a chance, visit his channel.
Derivatives are the tools to rig markets. I guess we all know that. We all know we create bubbles and smart investing is to take the rides when they occur. Be out in time: that is about the most important thing in investing and trading. Don't push it too far. Take profits, take losses. Not a very spectacular line of thought but it works for me. Markets are rigged (manipulated) and I am not in a position to have inside knowledge about the hows and whens of that. I need simple quant tools and trading experience to deal with it. Some stashing involved. Meaning: some assets I expect to come to a sell level between now and a few months. I have some optimism we have passed the point all will evaporate. Volatility does the rest.
Hanging in there.So many people predicting crashed. Yep, the world is at an end... The system is very sick - but a sickbed can take a very long time. During that time life goes on.
<br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://cryptmove.com/2020/01/15/pleasant-surprises/ </em><hr/></center>