Without a doubt the best opportunities present themselves during times of financial distress. During a bear market asset prices take to the downside as risk gets repriced and fear takes over. I would argue that the exact catalyst is not as particularly important as the archetype psychological response which it induces. Markets change, but the … Continue reading Putting on Risk in a Bear Market
Playing Games with Uncertain Outcomes I think that one of the most unique struggles we face psychologically comes down to how we handle uncertainty, and how we operate in uncertain environments. To a degree, everything in life is uncertain. Tomorrows high temperature, your local grocery stores stock of toilet paper, or the next 10% move … Continue reading On Uncertainty
Dollar After breaking out through the Nov-April resistance of 97.70, the Dollar Currency Index (DXY) ticked to ~98.40 on two occasions and is currently selling down for a possible retest of prevailing support. Often we see resistance turned into support after a technical breakout, watching 97.50-97.70 to confirm the up-trend. As for the components of … Continue reading Market update: Dollar, Gold, 10Y, SPX and BTC
Regardless of your fundamental view on Bitcoin, you should still be asking yourself "Can it happen again?". I first started learning about cryptocurrencies and blockchain back in the spring of 2017. I cant quite remember where I first found out about Bitcoin but at that time there was little hype and the price was just … Continue reading Can It Happen Again?
No doubt that cryptocurrencies throughout 2017 were a massive bubble of euphoria and unrealistic promises of unlimited application and disruption. In December of 2017 Bitcoin peaked just shy of $20,000 USD and throughout 2018 saw a decline of ~80%. Bitcoin fared well in comparison to most of its peers, with Ethereum (ETH), Ripple (XRP) and … Continue reading Don’t look now but Bitcoin is …rallying?