Let’s take a deep breath

Coinmarketcap reports that Bitcoin is on track for the biggest weekly gain of 2022 so far.


Which is a bit like saying that breaking your left arm is the best possible skateboard-related injury.


Okay. Bad analogy. But you get my point.


2022 has been eventful so far. The problem is none of the events that made it eventful were positive.


A lethal combination of bad market actors (Yo, Kwon), heavily centralised exchanges going bust (malice or incompetence, the end result won’t change) and the inevitable impact of human psychology dragged us down to this level.


Think about it. Bitcoin at 20k in 2017 had people go “wow! To the moon!”, whereas Bitcoin at 20k in 2022 make us panic and wince.


People constantly repeat the ‘not your keys, not your crypto’ mantra and I get that. I agree. But the truth is always in the middle.


I think the best way to go about it is split your crypto and hold it in 2-3 different exchanges, only the major ones, the ones that, on paper at least, are solid. And 2-3 wallets.


I stake whatever I can stake but I only pick coins and tokens based on analysis. Not sentiment.


And I keep most of what I have in BTC anyway.


And, crucially, I try my best not to be greedy.


I reinvest some of it, and spend some of it. Mostly on coffee. But that’s a different story.



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Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


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You can now buy a Breitling watch with Bitcoin

Good news if you’re in the market for a Breitling and also happen to own crypto: you can now buy your next Navitimer (or whichever other Breitling model takes your fancy) with a variety of cryptocurrencies.



The Swiss watchmaker teamed up with BitPay, which is sort of, kind of like a PayPal for crypto, to support crypto payments, meaning you can pay for the watch using, among others, Bitcoin, Dodgecoin, Ethereum, Litecoin, Bitcoin Cash and five stablecoins: BUSD, DAI, GUSD, USDP and USDC.


This applies to every model on the site, ranging from the from the Endurance Pro, priced at $3,300, to the Premier B12 Tourbillon, which costs $53,560.



I guess Breitling didn’t want to be late to the party that other brands like Franck Muller (a watch with a built-in Bitcoin wallet) and Tag Heuer (integrated wallet to display your NFTs) are already attending.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

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Use this link to get up to $250 in crypto on your first deposit on BlockFi

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If you haven’t yet, consider using Revolut as a substitute to traditional banking.

Whales wake up and do damage amid the latest crypto crash

Things are messed up and messy in the crypto space at the minute, and whales are doing what they always do: damage. But for once, it isn’t unilateral.


For the first time since, well pretty much ever, whales are beginning to show signs that they might be considering offloading some of their holdings as over 50,000 bitcoins have been transferred to various exchange platforms from cold and hot wallets.


On top of that, you’ve got giant investment firms like Cypherpunk Holdings that are trying to paper their losses by selling stuff.


The company has sold around 205 ETH for $227,000 and 214 BTC $4.7 million.


I’m assuming that they did it because they bought these ETH and these BTC back when they were worth like 2 cents. In fact, they did say that they turned a profit from the sales. But it still doesn’t make much sense.


Actually, it does. Which makes it worse. I never sold my BTC or my ETH when they were worth $69k and $4.8k respectively so I would only sell now if I absolutely had to. Which fortunately I don’t but it seems that some of these giants do.


I bought some ETH yesterday. I bought some BTC this morning. I may be a beer tomorrow.


Cheers.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.comWirexNexo or Binance

Use this link to get free diamonds use my CoinmarketCap code.

If you haven’t yet, consider using Revolut as a substitute to traditional banking.

Bitcoin will prevail

Things aren’t looking great, are they? Celsius is going down, Luna has already gone down, Coinbase is firing people. Ethereum briefly went below $1,000.


When all is said and done, we shouldn’t forget that everything we see here, everything, started with Bitcoin. It kick-started the universe we’re in. A trillion-dollar (well, not right now) market created from scratch. But as with every other technological (r)evolution, the tide is changing all the time.


This is an important historical moment for crypto, because a lot of failed or soon-to-be defunct projects will die. A lot of trashy projects will end up in the trash can and when the dust clears, the market will re-emerge stronger because the weaker links will have been eliminated.


The goal is to put bitcoin, and crypto in general, in the hands of as many people as possible. We want to disrupt (gah, I hate this word) the financial sector and bend regulators and legacy players around crypto but this can’t be done unless we get rid of the scams and the scammers. And times like this are exactly for that.


These painful transitions also help people get an idea of what they want to do going forward. Are you a tourist or, using a terrible expression that’s so ‘in’ these days’, an incumbent?


It’s about making money but it can’t be just about that otherwise what’s the point? We might as well go back to the ATM.


We just need to keep two things in mind: 1, it happened before and 2, it always takes time.


Never mistake a clear view for a short distance.


I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.comWirexNexo or Binance

Use this link to get free diamonds use my CoinmarketCap code.

If you haven’t yet, consider using Revolut as a substitute to traditional banking.

A different sort of ‘flippening’

I use an app that pays crypto whenever I make correct predictions [every 3 hours] about BTC and ETH, which means that eight times a day – every day, I check the price of both.


Generally speaking, the whole market follows Bitcoin so when it goes down, the rest goes down and vice versa.


Having said that, I’ve noticed a change since late 2021/early 2022 – back when ETH couldn’t stay under $4,000 (good times).


ETH and BTC still fall and rise together but the former now falls harder, while the latter takes less time to bounce back.


Last night, they both capitulated with a loud bang but even now, when you look at the charts, Bitcoin feels and looks like it’s trying to get back above $26,000 as quickly as possible whereas ETH feels and looks like it wouldn’t mind falling below $1,300.


It is impossible to determine why so your guess is as good as mine but I’ll wager this is because recent trouble (Terra Luna and the Celsius drama) taught us that we can’t achieve decentralisation unless it is built in the system.


In other words, there’s a face or a name behind every crypto project except Bitcoin, which is probably as close as we’ve gotten – so far, at least – to through decentralisation.


Still, it’d be nice if they both stopped falling, dammit.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.comNexo or Binance

Use this link to get free diamonds use my CoinmarketCap code.

I know it sucks, but now’s the time to keep buying

According to Glassnode, a blockchain analyst, there are now 851,921 Bitcoin addresses holding at least 1 Bitcoin, a new all-time high. They say this is “despite a $27k retest” but that sounds wrong. It isn’t ‘despite‘ the retest, it is because of it.


At the time of writing, as the Glassnode points out, if you hold 1 BTC and 1 ETH, you’ve got access to around $28,000-$29,000, whereas just a few months ago, back in November 2021, ownership of 1 BTC and 1 ETH would’ve meant having access to around $75,000.


With a budget of $2,000, you can now buy 1 ETH plus change. Whereas back in November-December 2021, you’d have gotten about ETH 0.50.


Everyone wants to beat the market but very few people can and part of the reason is the market is psychologically difficult to follow. We tend to buy when the price is going up, and we get scared and sell when the market goes down. That’s bad, of course, but it is also understandable.


These days I feel like hiding under my bed and crying but I know the market will rebound, eventually, and that’s why I keep buying. And crying. Pah.



I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF


Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit CoinbaseCrypto.comNexo or Binance

Use this link to get free diamonds use my CoinmarketCap code.

What is the best crypto exchange, in your opinion?

I know some crypto enthusiasts/crypto geeks have a downer on exchanges, and I see why. “Not your keys, not your coins”. That’s true. It is also true that wallets are more complicated to handle and hardware wallets are even more complex. Plus, an exchange give you flexibility in case you wanna buy/sell coins faster.


Ordinarily, I’d go ahead and tell you I use this or that exchange and overtly embed referral links – not a crime, we’ve all been there – but since I’m only genuinely interested in learning more about it, I won’t. I’m just gonna ask, which specific exchange(s) do you normally use?


I use Wirex, because that’s the one I started with; Coinbase, because in my opinion it is super easy to use and user-friendly and Binance, because it’s a good compromise between an easy-to-use, no-nonsense exchange, and a platform that gives you access to other things such as staking.


What do you think?


I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


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A friend wanted to know why crypto is crashing, this was my answer

Last night, I was having a beer at a friend’s house when my whatsapp went ‘DING’ and a friend of mine who recently got into crypto asked, “why is crypto crashing, and should I get into NFTs?” – I told him we need to talk on the phone to talk about NFTs because it’s complex, but this is what I said in relation to the crash.


I told him 1, we’ve been overbuying and crypto has gone parabolic in 2021, so a correction was inevitable and then 2, Kazakhstan is on fire, literally. It is the second-largest country in the world when it comes to mining; 3, we tend to think of BTC as a hedge against inflation, and it is, but the truth is it usually follows the same patterns and trends as tech stocks and finally 4, sell-offs bring more sell-offs, people who got in late panic and sell. And ‘whales’ keep buying – if you look at the historical chart, every few years, people who bought and thought they’d be millionaires within a year panic-sell and whales and large holders buy like mad. Hundreds of millions.


I added that we’re likely looking at a few more weeks, or possibly months, of pain, and that BTC will eventually $1m, it’s inevitable, but probably not before 10-12 years.


This was my answer, what would your answer be?


I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


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Pain not over, me was wrong, me sad, me bought some more

Last night, right before I went to sleep, I wrote about bitcoin’s price trajectory suggesting that perhaps the largest cryptocurrency in the world by market cap was just ‘having a break’, and I was right. It was taking a break… on its way down, dammit. I woke up this morning and my phone went ‘DING DING’, and when I clicked on the notification that made my phone go ‘DING DING’, the headline read: “can bitcoin stay above $40k?”


BTC hovered around the psychological $43,000 mark until around 4 (GMT) when it quickly fell down to $41,410, before settling down at around $41,500.


The situation in Kazakhstan is getting worse and I guess we still haven’t stopped suffering after the Fed’s documents revealed that, guess what, things are exactly as bad as we thought. Now I’m going to make myself a cup of tea and go sit there, in the corner. And buy some more. And pretend I’m unfazed.


How are you doing in these tumultuous times?


I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


Get a discount on Undone Watches

Get a discount on your first Glovo order

Get free crypto when you make your first deposit on BlockFi

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Is the pain over? Bitcoin is taking a break

Last night, bitcoin fell off a cliff and went from $46,000 to $42,500 in a matter of hours. We spent 20-odd hours in the red zone until things cooled off and now the world’s most popular cryptocurrency seems to have bottomed out at around $43,000, which is where it’s resting now. Ethereum, that’s often the case, fell down a bit more gently and is now recovering a bit more quickly.


Yearn Finance is doing pretty well, currently sitting at $35,882, meanwhile XRP and Aave are still suffering. BAT is down, Cardano is down. Everything is down. You know when you open your CoinmarketCap  or Coinbase account and it shows the ‘gainers’ and ‘losers’ of the last 24 hours? Well, everyone’s a loser today.


Late investors probably stopped panic-selling and early investors are slowly and painfully digesting the latest round of Fed’s ‘good news’. Meanwhile, the situation in Kazakhstan, which is crucial, is still not exactly rosy.


I wanted to buy the dip’s dip’s dip’s dip’s when it got $42,500 but I was out of money. Dammit.


I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13


Get a discount on Undone Watches

Get a discount on your first Glovo order

Get free crypto when you make your first deposit on BlockFi

Get free BTC for your first deposit on Coinbase or Binance