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      "parent_permlink": "gems",
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      "permlink": "april-looks-good-for-crypto-what-a-monthly-close-that-was",
      "title": "April looks good for Crypto 😦. What a monthly close that was👀",
      "body": "![images (31).jpeg](https://files.peakd.com/file/peakd-hive/abdex9/23vhoFWeRUAzfdmwkXn7wGAUV4BevThSatm4yYRYHbsRs6xEwsne2MRJc1iQTo7VcpxDw.jpeg)\n\n It seems everything is looking pretty good since #BTC raged through the 200 weekly moving average last month. It's clear that this level has been the most important resistance for Bitcoin in its entire history and I'm surprised with the level of momentum and should I say ease at which this was broken? Lol. For more details on what I'm talking about, read [here](https://leofinance.io/@abdex9/why-monday-is-crucial-for) \n\n It seems that remains true for all Crypto out there. There's been a significant increase since February, perhaps due to the banks collapsing right and left and other financial crisis out there and people are starting to believe in Crypto?  Or due to the FED printing more money lately- Thanks to Jerome Powell😂. \n\n\n![Screenshot_20230401-062628_1.png](https://files.peakd.com/file/peakd-hive/abdex9/AJebJiRmhMoqhETUUZYtHYKH9GcUfhSMjyS6TuGFUnRAjDzku8QVXEzUpwnos1r.png)\n\n Even #HIVE has seen good recovery or signs of a fantastic move to the upside. Looking at the last Monthly close on #HIVE,  in my opinion it only says one phrase \"Moon time\"👀. \n\n January had a bullish engulfing candle which is a telling sign that the first half of 2023 would be great. That was the turning point for #HIVE seeing the Stochastic RSI moving up. After March's monthly close, the Stochastic RSI on the monthly closed above the 20 level.  This confirms the bull run.  In other words, the bear 🐻 market is over guys. And I'm sad a little bit because of the massive buy opportunity many months ago.  \n\n In conclusion... April is going to be a green month due to the facts in the charts. Also, most of the prices you're seeing today might not be seen again forever- Just like #BTC at $4,000 in 2020. \n\nNote: This is not a financial advise. I'm only posting what I observed. It's for educational purpose and if you wanna YOLO your cash, do your own research. \n\nDo have a fantastic weekend. I'll catch you next time 💐",
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      "permlink": "3-things-you-need-to-avoid-in-the-next-bull-run-in-order-to-win",
      "title": "3 things you need to avoid in the next bull run in order to win",
      "body": "![img_0.634897724879664.jpg](https://images.ecency.com/DQmb9UxmJxZQRk2sYaXS4TaLRQznkpcSsfeZkD1A6z1TW95/img_0.634897724879664.jpg)\n\n[Image source](https://images.app.goo.gl/YiGjW15fLXvCzvCt6)\n\nCryptocurrency has been among the top 10 topics in mainstream media in the past 3years.  We've had institutions coming in to pick some coins for themselves, we've had meteoric pumps in prices as well as fantastic debacles. Lots of money made and billions of dollars disappeared into thin air.  In this post,  I have tried to compress the dos and don'ts that I think covers every aspects of a successful crypto investment.  I think if you do these 3 things,  there's no way you won't be smiling to the bank during a bull market- they still work in a bear market tho smile.  Before we proceed, there's a disclaimer I need to put out there.  I am not a financial advisor nor do I ever want to be one.  Everything I post here are for educational purpose and for fun not financial advice. If you're looking for a financial advisor, you know where to find one 😊. \n\nAfter the covid crash, we had numerous tweets from the likes of Peter Schiff on Twitter that said bitcoin is dead 😂. But here we are today. Without further ado.  Let's get into it.  Like I said, there 3 things to do. \n\n\n\n**1. Stop being lazy**\n\n\n![img_0.8503448989078054.jpg](https://images.ecency.com/DQmWsjoSR1XsCGnGhC9ZNaDJbYrjB8RjpNJXnnFN9c18CuD/img_0.8503448989078054.jpg)\n[source](https://images.app.goo.gl/jZZjaJuRZVj9vEuS9)\n\nThis one works almost every time.  Don't be lazy to put in the work on your research about a project.  Don't leave any stone unturned.  Do your due diligence, it's your hard earned money(capital)  and you spent a lotta time, sweat and tears to make it. Are you gonna let 90% disappear just like that because you failed to research for an hour or two?  Come on!!! Ask questions, dig deep before you jump into any project.  I think the bear 🐻 market just started and this is a wonderful time to DYOR,  you've got the time and many weak projects will go to zero or be weeded out 😊. After your research, make sure you have a plan.  You can write your plan on a sheet of paper. Follow your plan and don't listen to the noise on crypto Twitter. \n\n**2. Don't be greedy**\n\n![img_0.5623602784422117.jpg](https://images.ecency.com/DQmfJtnh9k8hwKnvt6Z92La2sQhN1RTRa54yA1nPyvwBSHD/img_0.5623602784422117.jpg)\n[Source](https://images.app.goo.gl/FGMUgJtFB98YCgwS9)\n\n😂 here's the hardest part when you've made the right choices and you're in good profit.  It happens all the time. You just have to be patient enough to do extraordinarily well in the bull market.  Remember your plans on you sheet of paper.  If you have a price target in mind, scrutinize that price on  probability not just wishful thinking. Once your price target is reached,  take your money and enjoy your profit don't look back. The little gains you're expecting on the profit might undo all your work.  There are lots of opportunities in the crypto space, don't marry a coin,  move on. \n\n**3. Stop gambling**\n\n\n![img_0.29357510203608433.jpg](https://images.ecency.com/DQmSsyZLaCpoUiHsypX8Dco2bwVCXepdP4aMwDZ6xC7c9xy/img_0.29357510203608433.jpg)\n[Source](https://www.google.com/imgres?imgurl=https%3A%2F%2Fwww.duelit.com%2Fwp-content%2Fuploads%2F2020%2F07%2Fgambling-addiction-1.jpg&imgrefurl=https%3A%2F%2Fwww.duelit.com%2Fhow-gambling-companies-get-you%2F&tbnid=VTx1_cB53h8_pM&vet=1&docid=Z_AvlQQ8t236NM&w=650&h=400&hl=en&source=sh%2Fx%2Fim) \n\nThere's a difference between **INVESTING** and **GAMBLING.** Successful crypto investors put in the work on research  and are patient(could take years). But gamblers just throw around their hard earned capital hoping to get rich quickly.  A good % of people who got burned in crypto gambled and wanted to make money ASAP that's why the spirit of FOMO never leaves them 😂. \n\nIf you have any other valid points, I'll appreciate it if you say them on the comment section. Gracias\n\nDo have a wonderful weekend.  I'll catch you on the next one ✌ 😎",
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      "title": "Good news.  Update on Steemit Lawsuit",
      "body": "![img_0.8085567846313516.jpg](https://images.ecency.com/DQmYUh7GqfRzbQn7dn6WSxCZSiS5LdmGGMD7NaQDUhNK9bg/img_0.8085567846313516.jpg)\n\n[Image source](https://images.app.goo.gl/VE4mifBTJZFXdsjL8)\n\nIt has been over 2 years since the drama and creation/forking of the Hive blockchain.  I guess most of y'all know what happened just a week after the hard fork on STEEM.  A good % of those who had huge stakes on STEEM had their wallets emptied by the rogue witnesses \"created\" by Justin Sun.  About 25Million STEEM with a $7m worth at that point in time(I think Steem was trading around $0.202 then) was cleaned. That was a draconian move, open theft and many people asked \"Where's the freedom?\".  It was  obvious that the move was to cripple the opportunity of the top witnesses to get their positions back, since the community tried to fight back, they panicked. \n\n**The Lawsuit**\n\nIt all started on June 16th 2020 🙂. Whales 🐳  like @theycallmedan @themarkymark @blocktrades etc got their accounts emptied and filed for a lawsuit\n\n![img_0.3001535711556834.jpg](https://images.ecency.com/DQmY1XxsPgbMV4bRXZGgHaJC3n96iUAwonMWPg9B1VdXScj/img_0.3001535711556834.jpg)\n\n\n![img_0.05026114003294643.jpg](https://images.ecency.com/DQmXfKZAz2zm2YMQt3vh3ze7bhohveAvvXYuKxm1xSjX1bE/img_0.05026114003294643.jpg)\n\n\n**The good news**\n\nIt took over 2yrs for the whole saga to see results. Yesterday, @steemit received about 14.5M STEEM from @bittrex.  Since that's about 59% of the total money stolen,  returning that amount signals that those who didn't file for the lawsuit will never get their money back. Although they got a snapshot of the money 2yrs ago on Hive, they won't be getting the supposed \"free money\" 90% of the community got and that's sad 🙁. \n  \n![img_0.023712944475737605.jpg](https://images.ecency.com/DQmNTiRCeahS9eoQJpVRPvz8CWpsXHfHKHg18sBUFnUY4ht/img_0.023712944475737605.jpg)\n\nTheir money is gone because Steemit sent the money immediately to Binance.  If you look at the daily charts on STEEM, there was a good sell yesterday \n\n![img_0.2747300097442131.jpg](https://images.ecency.com/DQmQQ6xv6EBLAvgaypP1KkBZrqcqWuVaFXvVKCyxUfcgaQQ/img_0.2747300097442131.jpg)\n\n    Where's the good news? 🤔  I'm confident that if these guys get their money outta there, they gonna buy more Hive or Leo token 🙂to increase their bag. After all, it is looking like free money despite the struggle so far. Imagine having around $3million buy order on Hive.  The price will pump perhaps to around $0.8 😍😂\n\nFor more details on how the lawsuit went, click here 👇\n[Steemit Lawsuit](https://www.courtlistener.com/docket/17253432/notestein-v-bittrex-inc/) \n\nDo have a wonderful day ahead. I'll catch you on the next one 🤗",
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      "permlink": "amidst-the-red-candles-good-news-for-btc-for-now",
      "title": "Amidst the red candles. Good news for BTC... For now",
      "body": "![img_0.6081057970666747.jpg](https://images.ecency.com/DQmYQkxUEatQLSEEbQKAtL11napck4VVo4cSbZvX6Vt7rru/img_0.6081057970666747.jpg)\n[Image source](https://images.app.goo.gl/W2uMRbJpEBgckSt79)\n\nBitcoin has been shitting its pants for the whole of the month of May leading to a nasty drop in the fear and greed index.  Yesterday we recorded the lowest number (8) in the fear and greed index.  This could be the best time to buy Bitcoin. According to Warren Buffet \"When there's greed in the market, that's when you panic and sell. But when there's fear, that's the time to get greedy\"\n![img_0.40614245336213045.jpg](https://images.ecency.com/DQmNQjLjXJHW6ahBbD3DuFmYwHvfKuEYRQW8WPTPibRuE5X/img_0.40614245336213045.jpg)\nCurrently there's extreme fear in the market.  If you've been following my posts these past days, you must have seen me giving lots of bearish vibes.  Yes the dip ain't over but I think we're at a nice price range where quick money can be made. Before we move on, there's a disclaimer I need to declaim. I am not a financial advisor nor do I have any intentions to be one. Everything you see here are just for educational purposes and for fun. If you want a financial advisor, you know where to get one. I can't tell you how to spend your own money. Without further ado, let's dive into the charts. \n\n\n![img_0.49455934161294823.jpg](https://images.ecency.com/DQmevPX5dKG8YR1kiaNkgxxTEwhSed3egRGdUgxfUeGmoWr/img_0.49455934161294823.jpg)\n\nOn the monthly chart we've seen support at around 29k despite wicking down to 26k, it was bought up immediately. \n\n**3day death cross**\n\n\n![img_0.9775589899100512.jpg](https://images.ecency.com/DQmTBkf4Yb5Fwnge8yjzAKgJJL6j1JuMqh4kKHYfJqiLXbs/img_0.9775589899100512.jpg)\n\nThe long awaited 3Day death cross on BTC just happened 2days ago which confirms the bear market of 2022. For more details about that,  check my post [here](https://peakd.com/hive-167922/@abdex9/crypto-winter-is-here-phbd) \nOn the long term we might be seeing below $22k soon 🤑. \n\n**what is my short term price target?🤔**\nLooking at the fear and greed index on coin telegraph site. There are many information in the chart and I wouldn't wanna bore you with the details, I'll just explain what I saw and \"think\" might play out\n\n\n![img_0.8540123375139906.jpg](https://images.ecency.com/DQmQEWAYpCrtum82DV9TZ7VZL5iABgNNFUcb544NnfXQCdQ/img_0.8540123375139906.jpg)\n[Image source](https://www.google.com/amp/s/cointelegraph.com/news/fear-greed-index-hits-lowest-since-march-2020-even-as-bitcoin-price-hits-30-5k/amp) \n\nThe first orange dot on the left showed a low of 11 on 5th of February 2018, was that a perfect Time to buy BTC?  \nThe next low(green)  was 28th November 2018 and was about 14\n\nThe next low(orange)  21st of August 2019 gave an 11( extreme fear) \nThe next(green)  30th of March 2020(Covid crash)  gave 12\n![img_0.636393569383862.jpg](https://images.ecency.com/DQmdL7Rn33a5ukAZ1eRGNnY4VJQMk2oHn5fBdQoyjEmgkdk/img_0.636393569383862.jpg)\n\nFrom the charts, every fear and greed index showed a good buy opportunity.  The two green were the best times ever to buy BTC since 2018 because they indicated the lowest points of the market.\n\n Today, the most important one is the first dip on the 5th of February 2018. After the dip, there was a 10-24% rally before the dump.  This is quite similar to where we are today.  We just had the death cross,  were at support($29k)  and we could rally back to our resistance at $40k or at least $36k\n\n![img_0.054783816161261344.jpg](https://images.ecency.com/DQmSi5VdwqMTePBUyxRoxZtEG7WorBK6hbU4H4wPwVJCVjT/img_0.054783816161261344.jpg)\n\nOne thing to note on the fear and greed index chart is what indicates the bottom of the bear market.  If we stay around this level for a long time(1-2months) then that's the bottom as shown in 28th November 2018 and the Covid crash in March 2020.\n\n\nAlso don't forget that we're in the golden zone, buying here won't matter in 2025 cus you'll look like a god 😎 regardless of if you bought at $29k, $32k or even $19k. DCA and stop looking at your wallet value until the next halving 😆 \n![img_0.9774611542043411.jpg](https://images.ecency.com/DQmesVi2ijekgY9ehHARLgFmXnWPJuzFYbd5MDgJsZzZ6tZ/img_0.9774611542043411.jpg)\n\n\nDo have a wonderful day ahead. I'll catch you on the next one ✌ 😎",
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