Altcoin Trading Plan
Market Meditations | February 5, 2021
Our plan on bitcoin, ethereum and a few more altcoin picks.
Dear Meditators
We like to get the weekend started on the right note for our Market Meditators.
In today’s letter, we share our plan on bitcoin, ethereum and a few more altcoin picks.
Read, learn, enjoy and if you want your network to have a good weekend too, you can use the link below to share this letter with them ?
Delighted to say this article is brought to you by FTX ?, you can use my link to get a discount. I recently used FTX to set my trailing take profit on LINK, check that out ? here!
Protego Becomes Second Crypto Firm to Win Charter From OCC ?
Seattle-based Protego Trust Bank has received conditional approval for a trust charter from the Office of the Comptroller of the Currency (OCC) to custody digital assets. Protego is the second applicant to receive conditional approval from the OCC, following Anchorage. It follows several other digital asset companies that have received bank charters, including crypto exchange Kraken and de novo bank Avanti, which both received state charters in Wyoming. The newly chartered trust bank will also offer a trading platform for clients, a service for issuing new digital assets and a peer-to-peer lending platform for its clients, according to a press release. Read more.Ether Price Breakout to $1,750 Sees Ethereum Network Fees Hit All-Time High ?
The move came on the back of intense trading interest in DeFi coins, many of which use the Ethereum network as their basis. DeFi produced many of the best movers on weekly timeframes. Ether meanwhile had already seen brisk upside as anticipation built over the launch of dedicated futures from CME Group, one of the pioneering Bitcoin futures operators. Asset management giant Grayscale began buying ETH for its Ether Trust again this week after a near two-month break. Read more.0x Labs Raises $15 million Series A ?
0x Labs, the startup behind the eponymous decentralized exchange (DEX) protocol and a provider of DEX infrastructure, has raised $15 million in a Series A funding round. The round was led by Pantera Capital, a prolific investor in the industry, with participation from Jump Capital, Coinbase Ventures. Blockchain.com Ventures, Nima Capital, IOSG, the DeFi Alliance. 0x Labs said in a statement that a range of “operators, market makers, and builders across DeFi” also took part. Read more.Twitter CEO Is Now Running a Full Bitcoin Node on a Mac M1 ?
Jack Dorsey, the billionaire CEO of social media platform Twitter, brought wider awareness to Bitcoin today following a brief announcement on Twitter about running a node. He shared a screenshot of his computer as the Bitcoin node was synchronizing with the caption “Running Bitcoin.” ‘Running Bitcoin’ phrase was first used by cryptographer Hal Finney who tweeted it in Jan 2009 when he set up a full Bitcoin node. Read more.
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3 Lesser Known 2021 Altcoins I’m Holding
A strategy that has served me well in trading and business is aligning myself with the right people more so than the right projects. This is a topic that features in our angel investments letter ?
The best projects constantly pivot and iterate. The end results are often nothing like the starting idea.
In a previous edition we shared FTT. It is up ~50% since and I believe it has a long way to go…
We shared our Ethereum entry at $1250, this is also up a similar amount.
✅ Today I’m going to share my plan and analysis on bitcoin, ethereum and a few more altcoin picks.
Jimie: Master Trading Psychology with Neuro-Linguistic Programming
Jimie (@Your_NLP_Coach) is a certified Neuro-Linguistic Programming coach that specializes in developing traders. Listen along to our conversation and enjoy.
✅ Things I learned:
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Disclaimer: The content in this newsletter is for informational purposes only. Nothing in this email is intended to serve as financial advice. I am not a financial advisor. Every investment and trading move involves risk. Do your own research when making a decision.
