Unless you’ve been living under a rock, you know that one of the most exciting use cases of crypto is to both earn yield and get low-interest credit loans, especially since you earn next to nothing in your actual bank account. Nexo is leading the charge in this arena with 360-degree crypto banking services.If you are looking to park your crypto and earn yield, you can make up to 12% annual interest for doing nothing. If you are looking for a loan, they have them for as little as 5.9% APR and you don’t have to sell your crypto which is a taxable event. Their credit lines are dynamic, meaning that as the value of your crypto goes up, so does your available credit. Really cool and innovative.Check them out HERE and put your crypto to work for you.You can learn from another trader but you cannot impersonate them. Each person has unique strengths and weaknesses. Success comes with finding your own system that plays to your strengths.One person may be an exceptional scalper, using 5 minute charts to find quick entries and exits and grind out a paycheck over thousands of trades. Another may be incredibly good at fundamental analysis and finding trades that will perform well over months or years. It is better to be king of one than a jack of all.If you are a great swing trader, don't try to day trade. If you are a great day trader, don't try to be the best fundamental analyst.Focus on what you are best at. Know and accept what kind of trader you are.Trying to be good at everything in trading is a mistake. If you are incredible at making money in a certain way, just do that.Find your system, improve it and stick to it. NOTE: I am not including any altcoin charts. The market has been choppy for weeks, with some good opportunities but most setups failing. I would not trade alts while Bitcoin is making a decision, so I don't feel comfortable sharing a bunch of charts that will likely fail it Bitcoin moves.This newsletter is also sponsored by PHEMEX, the only exchange that I use to trade crypto with leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out - you know that I never endorse a product that I do not use!In This Issue:Bitcoin Thoughts And AnalysisNews ReviewJack Dorsey Sold His First TweetBrazil Approves A Bitcoin ETFThe Miami Bitcoin Conference Is Heating UpUnido - The Platform For Institutional AdoptionThe Wolf Of All Streets Podcast Ft. Jason YanowitzMy Recommended Platforms And Tools
The Wolf Den #204 - Learn, Don't Copy
The Wolf Den #204 - Learn, Don't Copy
The Wolf Den #204 - Learn, Don't Copy
Unless you’ve been living under a rock, you know that one of the most exciting use cases of crypto is to both earn yield and get low-interest credit loans, especially since you earn next to nothing in your actual bank account. Nexo is leading the charge in this arena with 360-degree crypto banking services.If you are looking to park your crypto and earn yield, you can make up to 12% annual interest for doing nothing. If you are looking for a loan, they have them for as little as 5.9% APR and you don’t have to sell your crypto which is a taxable event. Their credit lines are dynamic, meaning that as the value of your crypto goes up, so does your available credit. Really cool and innovative.Check them out HERE and put your crypto to work for you.You can learn from another trader but you cannot impersonate them. Each person has unique strengths and weaknesses. Success comes with finding your own system that plays to your strengths.One person may be an exceptional scalper, using 5 minute charts to find quick entries and exits and grind out a paycheck over thousands of trades. Another may be incredibly good at fundamental analysis and finding trades that will perform well over months or years. It is better to be king of one than a jack of all.If you are a great swing trader, don't try to day trade. If you are a great day trader, don't try to be the best fundamental analyst.Focus on what you are best at. Know and accept what kind of trader you are.Trying to be good at everything in trading is a mistake. If you are incredible at making money in a certain way, just do that.Find your system, improve it and stick to it. NOTE: I am not including any altcoin charts. The market has been choppy for weeks, with some good opportunities but most setups failing. I would not trade alts while Bitcoin is making a decision, so I don't feel comfortable sharing a bunch of charts that will likely fail it Bitcoin moves.This newsletter is also sponsored by PHEMEX, the only exchange that I use to trade crypto with leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out - you know that I never endorse a product that I do not use!In This Issue:Bitcoin Thoughts And AnalysisNews ReviewJack Dorsey Sold His First TweetBrazil Approves A Bitcoin ETFThe Miami Bitcoin Conference Is Heating UpUnido - The Platform For Institutional AdoptionThe Wolf Of All Streets Podcast Ft. Jason YanowitzMy Recommended Platforms And Tools