Crypto Bounces, Evaluating the FUD Behind Us





The Crypto Market has bounced nicely after getting demolished, but what does it all mean going forward? While I’m a bit uncertain of the short-term horizon, I do remain very bullish on long-term opportunities in crypto. As I evaluated my “feelings” from the previous bull-run and subsequent crash, I’ve noticed a few things that I think might help you as well.

Also, let’s talk about some of the FUD that’s recently come out and how I analyze it moving forward.

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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**

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22 replies
  1. Gary Stinten
    Gary Stinten says:

    Just a question..

    Is spamtrading allowed on an exchange?

    ie, a coin or token is purchased on an exchange and then sold and repurchased for price slightly higher or lower to retain a price close to its existing price.. in order to prevent others buying at certain prices.. in other words, gridlocking a price so it can't move up or down..

    Does that make sense?

    Reply
  2. Floyd Meyer
    Floyd Meyer says:

    I do not think anyone I have watched or had discussions with "EVER" hit the bottom just right on their purchase….

    Just how it goes..Like you said you just have to feel good at whatever Buy or Sell price you were capable of hitting…

    Reply
  3. Naomi Shearson
    Naomi Shearson says:

    The interview with Charles Hoskinson was very informative. Thank you so much for having him on your video and for addressing the need for research. I look forward to these videos and your podcast on Patreon.  I learn lot by watching, listening and doing my due diligence.

    Reply
  4. Herakles
    Herakles says:

    Exaclty when market crashed – I didn’t even redistribute like you, that’s still a loss dude

    The difference between you and winners is they pump cash in when it dumps i have 2k waiting to buy again and I’m not buying until it happens again
    We are not out of the woods yet

    Reply
  5. PromotingTheBeat
    PromotingTheBeat says:

    10:29 Absolutely. Bitcoin is more popular now and will remain to gain traction from this year on. John McAfee won't have to eat his own ** 😃 
    I went in heavy myself on Bitcoin at 8k and HODL. I suggest everyone else do as well if they are only thinking right now, it's already hitting 9k as I type this.

    Best of luck to everyone. ( LiteCoin is another one to get into if you don't have a lot to invest that is also expected to boom this year…It's also "Trusted" )

    16:00 I'm using Exodus for now. If I get to a 100k or more, then I'll get myself a Trezor or Ledger Nano S.

    Reply
  6. Ilan Baicher
    Ilan Baicher says:

    Hey Bobby great show I do have a question you mention that you cost average in every day whether it's up or down can I ask what kind of percentage or how much do you do and do you doing it like on coinbase or something like that thank you

    Reply
  7. marksb82
    marksb82 says:

    Agree with all the bullish reasons you give, and in addition I'd add that yesterday (Thursday) was a very drama-filled day in the markets and yet the entire market was UP 4% on the day… a sign the tide has turned and we're heading into a bull market

    Reply
  8. kevin smith
    kevin smith says:

    I don't think the drop is over… the 1 day chart is still pretty clearly on a downtrend and is in a downward channel. Of which we're right at the top of right now. IF it breaks north and hangs out for a bit we could say the downtrend is over but until that happens… I still think we're going to fall a good long way. And looking historically when these kinds of crashes have happened, the price seems to bounce off the new low then fall back to it and settle there for a while before it starts climbing again. We'd be at the tip of the bounce right now if history is repeating itself.

    My thoughts are that cryptos are going to be down for much of the coming year if not the next few months at least. But like you said… that's too good of an opportunity to pass up. People will start dumping in more money if that happens and I'm certainly one of them.

    Reply
  9. Alejandro Cortes
    Alejandro Cortes says:

    Hey. Bobby, can you explain how you submit the DCA orders on a site like bittrex? Do you just divide up the amount you are buying and break it up into multiple orders with varying bids or is it something different?

    Reply

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