Posted on 30 Oct, updated in Nov I expect that bitcoin will a new record high, surpassing the December 2017 high, before Q2 2021, perhaps sooner. All Time Highs (ATHs) optically appear expensive, but this event will merely confirm the next phase of the bull-market. I’m preparing for the bull-market to last another 3 quarters … More Preparation for bitcoin All Time Highs
Since the August 14 Bitcoin Bulletin “Accumulation Phase Intact”, bitcoin has gained by 10.6% from $11,770 to $13,019. The data I’m looking at suggests we’re firmly in the accumulation phase with limited signs of market froth. Retail and institutional interest looks contained, which indicates the corporate treasury decisions and potentially High Net Worth’s are moving … More Bitcoin Bulletin: All aboard the train
Part 1 explained the basic differences between Ethereum and bitcoin. The future is uncertain for both assets, but in different ways. Bitcoin’s protocol is ossifying, while Ethereum has protocol uncertainty as it targets lofty “unconstrained” goals. Coming back to the questions from part 1, investors need to consider the value proposition, the need for each … More BTC vs. ETH: (Part 2) Protocol certainty
BTC vs. ETH Part 1: Basic Differences between bitcoin & Ethereum I’m often asked, “why bitcoin?”, “why not ethereum?” and “what about diversification into cryptocurrencies?” There’s a lot that can be said on this topic so I’m going to break it up into bite-sized chunks. In part 1, I’ll tackle the similarities between bitcoin and … More Bitcoin, Ethereum or Crypto?
Have you ever wondered why it’s challenging to buy a house and save for your family’s future? Debt and its unequal impact on wealth is the focus of this edition of the Sound Money Money. TLDR: Debt is driving wealth inequality. Society will remain at loggerheads until the short-term policies which encourage debt growth are removed. … More Sound Money Monthly: (ed. 3) Debt’s unequal impact on wealth
Bitcoin has developed a strong correlation with “risk assets” in 2020. A stronger correlation between bitcoin and global equity markets is an understandable concern for those who consider bitcoin an independent store of value. In this article, I dispel these risk-asset fears. TLDR: the drivers of equity and stores of value can temporarily overlap, but … More Dispelling bitcoin risk-asset fears
I’m often asked, “how much crypto should I hold?” Difficult question to answer. It depends on your conviction in the asset class. One thing is clear in my mind, if you have any interest in managing your personal finances and aren’t living pay-check to pay-check, your allocation should be greater than 1%. In this article … More Bitcoin is a no-Brainer Allocation | Get off zero!
Crypto volatility is tough to digest for new holders. Here are 5 pointers to assist you in this process (purpose, strategy, price sensitivity, expectations and cheaper): 1. Purpose: Why did you purchase? If you have a strong fundamental reason for holding an asset, its easier to digest volatility. For example, I think bitcoin creates a … More Digesting Crypto Volatility
This is a research piece on the bitcoin arbitrage opportunity between South African exchanges and global exchanges. It’s not relevant for non-South African readers. Concept Bitcoin (BTC) is purchased through BTCZAR markets in South Africa, which is different to BTCUSD markets globally. When converting the BTCZAR price into USD, we tend to see a spread … More Bitcoin Bulletin: Arbitrage opportunity on ZAR-USD bitcoin spread
The recent gold all-time highs supports the store of value theme, which further increases my confidence for bitcoin’s price prospects over the coming quarters. Technical analysis suggests that the price rise above $10,000 is an important development for bitcoin, but the price remains well below all-time highs, which would be the final confirmation of the … More Bitcoin Bulletin: accumulation phase intact
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