See the opportunities

Even when the crypto markets are falling, there are opportunities if you know where to look. Where others see a dark and cold crypto winter, keen investors see a new window of opportunity to get their favorite assets at a discount and turn a profit.

  • “Buying the dip” is a popular way for traders who felt priced out of previous gains to get into the market or increase their positions.

  • Even within a downtrend, there will still be small peaks and valleys as the market fluctuates. Traders that have brushed up on their technical analysis skills can stand to benefit here, using that knowledge to predict these short-term movements and capitalize on them by buying the short-term lows and selling the highs.

  • Short selling, or betting that an asset’s value will fall, can also be a good strategy to turn a profit during dips.

  • Activities like staking and DeFi yield farming can further help level out returns and provide support to make sure your actual crypto balance is always growing, even in a bear market or downtrend.

  • If you believe an asset will eventually be worth more, dollar-cost averaging works whether markets are up or down! In fact, you get more crypto for your dollar during down cycles.



Report Shows Over $2B Worth Of Bitcoin Bought During The Dip

Report Shows Over $2B Worth Of Bitcoin Bought During The DipAdrian ZmudzinskiSun, May 30, 2021, 12:37 PM·1 min readLarge investors — or so-called whales — bought great quantities of Bitcoin (CRYPTO: BTC) when it briefly dipped at the $30,000 price level.What Happened: In a recent report by blockchain analytics company Chainalysis, the firm’s Chief Economist Philip Gradwell explains that whales bought 77,000 bitcoin last week, now worth over $3 billion.This is the conclusion drawn by the company from its analysis of blockchain transaction data.Bitcoin’s price dipped briefly to a 5-month low under $30,000 on May 23 after news spread that Chinese authorities are about to strike against cryptocurrencies as local crypto exchanges suspended their activities amid uncertainties.The buys by institutional investors took place when Bitcoin was trading in the $30,000 to $35,000 range.Those, who entered the market more recently, experienced considerable losses.Chainalysis claims that 1.2 million BTC was sent at a 5 to 25% loss, with 120,000 bitcoin moved at a 25% loss or worse.According to the report, $3.2 billion of Bitcoin was sold at a loss last week after being acquired in the previous 4 to 13 weeks.“However, this was a smaller number of bitcoin sent at a loss than in the late 2017 and mid-March 2020 price crashes, suggesting that last week was not the worst capitulation of holders in Bitcoin’s history,” the report states.Price Action: At press time, Bitcoin was trading at $35,853, up 4.48% in the past 24-hours, and 8.71% over the last week.

Source: Report Shows Over $2B Worth Of Bitcoin Bought During The Dip

Top Ethereum News for Wednesday: 4 Things Moving ETH Prices Higher Today

The price of Ethereum (CCC:ETH-USD) is on the rise and we’re taking a look at the top news for Wednesday behind that movement.

Close up image of a ETH crypto token.

Source: Filippo Ronca Cavalcanti/

There’s plenty of reason for ETH and other cryptos to be on the move of late. That includes a recovery period after prices plummeted last week on news that China plans to crack down on trading and mining of the digital assets.

While that recovery is good news for cryptocurrencies, a recent rally in ETH is catching some off guard. Let’s take a look at the top Ethereum news for Wednesday below to get an idea of what has the crypto heading higher.

“The exact scope of the project is unclear, though prominently featured on the page is a link to an Ethereum address, indicating that GameStop’s team will use Ethereum as a technology base.” — Michael McSweeney, The Block

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Hedge Fund Billionaire Ray Dalio Has Officially Bought BitcoinMay 24, 2021Nathaniel WhittemoreHostA big shift from one of finance’s biggest names, plus a recap on the latest China-Bitcoin intrigue.This episode is sponsored by and Bitstamp.Download this episodeToday’s episode of “The Breakdown” is split into two parts. In part one, NLW recaps the latest out of China, including:Interpretations of Friday’s surprise targeting in a speech by the Vice PremierA weekend market crash, the second of the weekMiner selling and the motivations behind itWhat to watch for in the coming daysIn part two, he puts in context the news that Bridgewater’s Ray Dalio owns bitcoin, looking at the larger institutional pattern that has driven the bitcoin bull and Dalio’s specific concerns about currency devaluation.See also: Ray Dalio: ‘I Have Some Bitcoin’Image credit: Takaaki Iwabu/Bloomberg/Getty Images

Source: Hedge Fund Billionaire Ray Dalio Has Officially Bought Bitcoin – CoinDesk

Bitcoin and other cryptocurrencies have gone from curiosity to punchline to viable investment, making them almost impossible to ignore — for better or worse.

SAN FRANCISCO — On Monday evening, a few days after a large cryptocurrency exchange listed its shares on the stock market, several hundred women gathered in a virtual conference room to talk about Bitcoin. Claire Wasserman, a co-founder of Ladies Get Paid, the company that co-hosted the event, marveled at the turnout, noting it showed “how committed you all are to getting wealthy.” She described a sweeping change in the way we live, work and transact — all driven by crypto. “I don’t want you to miss out on the future,” she said.

Attendees lit up the comments section to talk digital currency. One woman said she started investing after posing as a man in online forums for pickup artists.

“It was very YUCK,” she wrote, “but I learned a lot.”

Another said she’d been funneling her shopping budget into crypto during the pandemic, doubling her money since November.

A panel of talking heads encouraged the women to buy and hold Bitcoin as an investment — even just $5 or $25. They offered advice on security, privacy, taxes and digital wallets. And they pitched crypto start-ups as places to find promising career opportunities that could, frankly, use more women.

Source: We’re All Crypto People Now – The New York Times


I ran across this article a few months ago and wanted to hang on to it. Where a lot of the statements in here I believe to be true, we have to remember 2018 was a lifetime away when it comes to the technology in the Crypto and everything Crypto world.
The Banks are losing more and more money each day to the Crypto word.
It’s only a matter of time before you are in, if you are not into crypto’s already. Hope you read and understand where a currency change is headed and you in the future will be the bank or by using smart contracts will deal with another person that could possible look and talk just like you could be your bank. Crypto investing is hear, you choose you can be the bank or you can go to the bank!

Why is Crypto so important and should I care?

February 2018 Chris Garrod

A few years ago, if you had mentioned the term “cryptocurrency” to me, I would have imagined some kind of currency involving an underworld banking system, with hooded traders sitting behind shady computers.

We now read about it not only in the business sections of daily websites or financial publications, but on their front page. Entire sections of news publications are becoming devoted to things like Bitcoin.

Jurisdictions around the world are scurrying to put into place legislation and regulations to allow or make it easier for companies to carry out initial coin offerings (ICO’s) or token issuances. Is “cryptocurrency” even the right terminology? Or should it be “digital currency”? “Virtual currency”?

So, the question which we must now ask ourselves: whatever we call it, do cryptocurrencies, really deserve this much attention. Should we care this much? What will the impact of crypto be in the long term?

Read More….

Source: Why is Crypto so important and should I care?