Archive: Crypto Asset Strategies – Updates

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Wow! What a crazy few weeks. This correction has been brutal. But I remain convinced that we are still in a long-term bull market uptrend. Let me explain why. Take a look at this chart on Twitter. This is starting to play out scary close.#Bitcoin pic.twitter.com/ENxTlZilLl — Root 🥕 (@therationalroot) April 22, 2021 It compares bitcoin’s price fluctuations in the…
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A Crypto Show Worth Watching

By Adam Sharp on June 18, 2021

I recently discovered a fantastic crypto show on Youtube/Twitch called UpOnly TV. The hosts, Ledger and CryptoCobain, make quite a pair. They regularly feature some of the smartest and most successful people in the crypto world.  Here are a…
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Inside the Bitcoin 2021 Conference

By Adam Sharp on June 11, 2021

Last week I attended the Bitcoin 2021 conference in Miami. It was an incredible experience.  I came out of it fired up about bitcoin and the broader crypto markets (including DeFi, which I haven’t always been a huge fan of).  Here are some of…
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Crypto Bull Case Solid Despite Correction

By Adam Sharp on May 28, 2021

I’ve had a lot of questions about crypto coming from friends and family lately. Many of them are particularly concerned that Elon Musk can apparently move this huge market by himself. So I want to make it clear that I don’t really believe Elon was the…
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These Three Portfolio Coins Are Going Strong

By Adam Sharp on May 21, 2021

What an insane few weeks it’s been in crypto markets. Elon Musk’s waffling on bitcoin has really shaken up the crypto markets. And now we’ve got a government “crackdown” on crypto developing — though that’s not as bad as it sounds. …
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Bitcoin Is Primed for Continued Growth

By Adam Sharp on April 9, 2021

The crypto bull market is showing remarkable strength. After months of incredible growth, bitcoin is trading in a remarkably tight range — anywhere from $56,000 to $58,000.  It looks to me like big players are building positions. If these new institutional investors hold for the long…
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Market Rallies on PayPal Crypto News

By Adam Sharp on April 2, 2021

Towards the end of last week bitcoin was trading around $54,000. And I honestly wasn’t sure which way we were going to break, up or down. I really would have been fine either way. As I said last week, the market needs a…
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Today bitcoin is bouncing back, trading near $54,000. Over the last week it fell from a high of near $60,000 to a low of about $51,000. This is nothing to worry about for long-term holders in my view. Actually, it would be good for things to…
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Bitcoin Is on the Path to Surpass Gold

By Adam Sharp on February 26, 2021

For now, it appears that our decision to take some profits last week may have been wise. Crypto is correcting pretty hard right now — which is perfectly normal and should be expected. I would be very worried if we weren’t seeing sizable corrections. …
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How to Take Profits in a Bullish Crypto Market

By Adam Sharp on February 12, 2021

It’s been a beautiful year for crypto. We had a nice dip in March 2020 which turned out to be an amazing buying opportunity. Now we’re seeing unprecedented growth and adoption. Here are just a few of the major companies to jump on the bitcoin bandwagon…
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Bitcoin Shows Strength After Correction

By Adam Sharp on February 5, 2021

It appears that the crypto correction is over for now, but I’m glad it happened. We did need to slow down a bit after bitcoin shot practically straight up from $20k to $40k, and altcoins soared. Those kinds of moves are unsustainable in the short term. So it’s…
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Dogecoin Blasts Off as WallStreetBets Piles In

By Adam Sharp on January 29, 2021

I’m sure you’re all aware by now of what’s been happening with GameStop shares recently. Shares have shot up from under $4 six months back to a high of around $468 this week. GameStop was driven higher by a very clever campaign orchestrated on online forums…
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Nano, Decred Looking Up

By Adam Sharp on January 15, 2021

Long-time members know that I’ve always been wary of more centralized cryptocurrencies such as Ripple.  As you probably know by now, the SEC is going after Ripple in a big way. Here’s a brief summary from legal news site JDSupra,.
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2020 Turned Into a Great Year for Crypto

By Adam Sharp on December 31, 2020

It’s been an amazing year in crypto! We had a nasty dip in the spring — followed by a roaring comeback once people realized crypto was created for these economic times (massive money printing and even lower interest rates).  Things are truly starting to get interesting…
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Six Crypto Predictions for 2021

By Adam Sharp on December 23, 2020

Today I’m going to try to make some predictions about the crypto markets in 2021. Let’s dust off the crystal ball and get started. Here’s what I think will happen: Bitcoin will reach at least $50,000 next year. At least five more large publicly-traded…
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Crypto is Rising – And It’s Going to Last

By Adam Sharp on December 18, 2020

Cryptocurrencies moved up dramatically over the last week. From our portfolio bitcoin was up 25%, Decred was up 49%, XHV was up 45% and NANO was up 17%. This is what we’ve been waiting patiently for. Those of you who held…