The most fundamental step before a person can starts to buy/sell any cryptos is to understand wallets. The definitions and relationships among these terms are often very confusing to everyone. Crypto wallet Hot wallet Cold wallet Hardware wallet Non-custodial wallet custodial wallet Public Key Private Key Recovery seed phrase Password/Pin Let’s demystify these terms! Firstly,…
Month: June 2022
Price Prediction of BTC
If you refer to my past post, we have indeed hit 18k BTC last night. See how accurate this is? A picture speaks a thousand words, below is the updated regression chart of BTC half a month later. We have indeed reach -1 SD (-18K) since my last post. Will we reach the darker green…
Cryto Winter – Oh no! What should I do?
In Crypto, all coins are alt/meme/ponzi coins unless proven otherwise. By all means and be Degen Farmers, but always take profit in bull market to protect your profits/capitals. Conversely, only stick to Stablecoins/blue chips (Eth/Btc) during bear market! If you DCA blue chips, quite likely you will win in the long runs. Most alt coins won’t be there after each Crypto Winter. Lastly, always research before you put your hard earned money in the market.
Regression Analysis – ETH/USD
Based on regression analysis and look at the chart below. How low will we reach for ETH? Your guess is as good as mine.
Regression Analysis – BTC/USD
If we view BTC/USD from mathematical point of view using regression analysis and if you are a believer of regression to mean, we haven’t even reach -0.5 SD yet (25k). As of today, BTC has only reached 1 SD before, will we hit 1 SD again? To reach 1 SD, we will hit 18k. More…