🧘♂️ Recap: Crypto Week of June. 21
Market Meditations | June 26, 2021
All the alpha in 5 minutes
Dear Meditators
Here’s all you missed from this week:
How to Invest in Your 20’s
Rental Property Investing Guide: Part 1 and 2
Myth Buster: The Truth About BTC Energy Consumption.
All the Technical and Fundamental Analysis you could possibly need
Read, enjoy and share with your network. Let’s all build wealth together.
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FRIDAY
Next Flight to El Salvador? BTC prices rose for a third straight day after El Salvador announced the date it would officiate the crypto as legal tender and give every citizen $30 via an e-wallet. Click to find out more.
Airdrops. Free Money? The way El Salvador plans to reward users with $30 in bitcoin is via an airdrop. Click to find out what this mechanism is and why projects are keen to give out free money.
Do You Make Your Own Decisions? Humans are social creatures that have historically relied on cooperation to survive. Whilst we believe collaboration is essential for success, sometimes our desire to cooperate can have unintended and damaging consequences. This article covers why when we feel uncertain, we tend to look to others to guide or validate our own actions and how you can avoid this mistake.
BTC and ETH Technical Analysis. Our latest BTC and ETH technical analysis. If you hold BTC or ETH, we highly recommend reading the updates.
THURSDAY
Prices Dumping; Funds Pumping. Current price action displays a remarkable recovery after we fell to 6 month lows of $28.6k. Although prices are low, we continue to see a sustained set of high-profile eight and nine figure financing rounds across multiple dimensions of the crypto market. Click to find out more.
How to Invest in Your 20s. For the majority of people, the early 20s is the first time period during which we get access to a reasonable amount of disposable income. Yet we know all too well how quickly that money can disappear. In this article, we’ll show you how to think differently about how you can use money.
Newsletter Fun With Crypto Funds. Blockchain Capital have just announced that two major companies will be joining their fifth venture fund. Can you guess which?
NFTs: A New Wave of Renaissance. The Binance NFT Marketplace is now live. The first “Premium Event” auction is titled ‘Genesis’ and pays tribute to revolutionary artists. Click to find out which famous artists it will feature and how it will work.
WEDNESDAY
So… Are we Good? BTC is back above $30k again. The near 10% price drop on Tuesday was typical of a shakeout (a period of market turmoil where sellers capitulate). Click to find out what is next.
Rental Property Investing: Part 2. In Part 1 of our Rental Property Investing guide we covered the advantages of rental investing. Today we cover disadvantages and to finish we’ll tell you the Market Meditations approach to rental property investing. Click to find out more.
Crypto Miners: Next Flight to Kazakhstan? Bitcoin hashrate (or the total computation power to mine the cryptocurrency) has declined by nearly 50% in over a month, according to The Block Research. Click to find out why.
Are You Overestimating Your Abilities? In 1999 David Dunning and Justin Kruger carried out a test. They evaluated participants of their study on their logic, grammar and sense of humor. We can all learn from their findings, especially those trying to grow their wealth through investing and trading.
TUESDAY
Myth Buster: The Truth About BTC Energy Consumption. It is commonly quoted that BTC makes up approximately 0.5% of global energy consumption (just under the annual energy draw of small countries like Malaysia or Sweden). This sounds like a lot, but can we trust this statistic alone? Click to find out common misconceptions of BTC energy usage.
They Hired Who? Do you know who Dapper Labs have just hired as a new Marketing Chief? Here’s a hint: they used to be a VP at a famous sports company. Click to find out.
Votes Are In. Last week the Kusama Parachain Auctions began and today the winner of the first auction slot was announced. Click to find out who.
MONDAY
The Cycle Continues. Once again we find BTC oscillating between $30k and $40k. Although more towards the lower end of that range. But which bearish headlines can this be attributed to? Click to find out.
Rental Property Investing: Part 1 Have you ever considered investing in real estate? Today’s Market Meditation will present the argument for investing in real estate by drawing on The Book on Rental Property Investing by Brandon Turner. Click to find out whether you should be investing.
Tether: Weird or Wonderful? The supply of the stablecoin Tether (USDT) has been flat since the beginning of this month. But why is this? Click to find out.
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Friday: How to Invest in Your 20s (How ANYONE Can Be Rich)
Thursday: Altcoins, Poker and Learning from Your Losses with Altcoin Sherpa
Altcoin Sherpa is a popular crypto twitter trader who moved over from the poker industry.
Tuesday: How to Trade Like a Pro with 20 Year Veteran Mr Anderson
Mr Anderson is a veteran trader on twitter who has been trading for over 20 years.
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