Archive: Crypto Asset Strategies

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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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Prepare Your Portfolio for Inflation Now

By Adam Sharp on May 14, 2021

If you haven’t heard yet, Warren Buffett is sounding the alarm on inflation. All of a sudden it’s become a widely discussed topic. The general public is waking up to the fact that prices are rising rapidly. For most people, this…
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Understanding When to Take Profits

By Adam Sharp on April 30, 2021

One of the most important lessons I’ve learned as an investor is this: when you have a great asset, don’t sell just because it goes up a lot. Don’t sell early if you think it starts to get expensive either, because it…
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Crypto Correction is Healthy

By Adam Sharp on April 23, 2021

Bitcoin and the broader crypto markets are pulling back. Bitcoin slipped below $50,000 today and is currently trading around $49,700.  This is nothing to be concerned about. We’ve come an incredibly long way over the last 14 months. And pullbacks are healthy and to be expected.
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Government Interference With Bitcoin Is Growing

By Adam Sharp on April 16, 2021

In Washington’s latest round of sanctions against Russia, the U.S. government targeted specific bitcoin addresses. Here’s an excerpt from Bitcoin Magazine’s reporting.  “…the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), recently…
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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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Don’t Get Caught Up in the NFT Craze

By Adam Sharp on March 19, 2021

What an amazing year it’s been for crypto investors. A year ago we were down in the dumps, and today we’re flying high. One of the most remarkable recent phenomena has been the rise in popularity of non-fungible tokens (NFTs). NFTs are digital collectibles that are…
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Goldman Sachs is on the Bullish Bitcoin Train

By Adam Sharp on March 12, 2021

This week we got a new podcast featuring Mathew McDermott, head of Digital Assets for Goldman Sachs’ Global Markets Division. He discussed booming crypto demand from clients and what’s driving the move. Bitcoin.com provided a nice summary of the conversation. Here…
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JP Morgan released an interesting survey this week. It polled 3,400 institutional investors — representing 1,500 firms — about their views on crypto. Here are some highlights: 11% of respondents work at firms that own or trade crypto. 22% said their companies are likely…
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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. …