Shedding light on the crypto bubble dilemma Part 1 / Life of a crypto markets analyst and investor

in #introduceyourself7 years ago (edited)

Hello community! Oookaay, so...the journey begins, let's get this steem machine rolling!

steeeeeem.jpg

I've been analyzing and studying crypto markets and blockchain-based tech for the past two years as well as mining ethereum and several other cryptos since the beginning of 2017. Oh and did I mention trains ? I LOVE TRAINS.

After some digging on steemit I have realized our community deserves more transparent, responsible, and objective crypto-markets scrutiny and price analysis and I want to do my best to share my insights and experience gathered from the past two years and help you out in those waters.

Before I continue, first of all I want you to know that I am a tech person(sysadmin), blockchain enthusiast and a crypto believer and HODLer and not your average high profile investor with deep pockets or a self proclaimed TA and charting specialst! Many of them are drowning in dozens of fancy indicators and messy charts only to find themselves in even bigger doubt about the price direction! I do consider TA very important but people tend to over-complicate it and over-analyse the charts!
The most important things one needs are common sense and a right mindset, proper money management, couple of trend-lines or MAs, basic indicators and most of all solid Fundamentals to coincide with your TA as well as vice versa. The best positions are those when the TA and fundamentals validate each other, those are the only real winners!!

I will start by discussing why I am currently bearish on crypto and why we should all be wary of the current state of the market and the so called crypto bubble. So bear with me!

"Wait, what!? did he just say "crypto bubble"!?" Wow! Now I am sensing much anger, sooo emotions many of you, such outrage! But this is exactly what I want to point at!

Everyone in the crypto space gets really cranked up when people call it a bubble! Yes we are all highly zealous about distributed ledger, decentralization, unbanking the world and ending the bureaucracy and our emotional reaction is normal but might be blown out of proportion.

In the following articles I will try to tell you why I think this attitude is wrong and financially dangerous and clarify my thoughts on the current state of the markets.

operater, out.

Sort:  

Interesting, I look forward to reading about your perspectives in future posts - followed.

Copying one person is stealing. Copying ten is research.
Great Post!

Welcome!


Welcome to Steemit @operater!

I wish you much success and hope you find Steemit to be as rewarding and informative as I have.

Yes, I love Crpto too! Lots of detailed analysis on my blog along with some predictions

Here are some links you might find useful.
Your stats on SteemNow
Your stats on SteemWorld
Your stats on SteemD
How to use Minnow Booster
How does Steemit actually work?

Introbot is hosted and managed with donations from @byColeman to help make your journey on Steemit truly rewarding. Your feedback is always welcome so that we may improve this welcome message.
Oh yea, I have upvoted you and followed you. Many blessings from @introbot & @bycoleman

Welcome to Steemit operater and I'm sure you'll have a great time here!! :)

Great! Welcome to community Steemit. Good luck!

Добро пожаловать. Я рад тебя видеть. Давай будем друзьями