The crypto market is in a pretty bi-furcated state: Bitcoin as the leading indicator is as flat as it can be while a few crypto market segments are going through the roof. NFT tokens went ballistic in the last 72 hours with Decentraland (MANA) in the lead quadrupling in one week. How do you hit these winners? Our crypto investing research has the answer!
First, the Bitcoin chart, the one we feature as the ‘leading indicator’ of the crypto market. When Bitcoin goes down most of the tokens follow that path. When Bitcoin is flat most tokens are flat and some can start a bull run. When Bitcoin goes up it often creates momentum in many crypto segments and tokens.
This is how we read Bitcoin’s chart. The following paragraph comes from the crypto alert sent to premium members in our crypto investing research:
The general trend is underpinning individual coins to do well. We got a 3 week bull run in BTC (exactly 3 weeks) and we were there telling you that things are getting more constructive 4 days before it happened. We expect a 3 week consolidation now, it might be shorter, but the green line on the 4h chart and the short term reversal has to hold. This will pave the way for another bull run later in November and a part of December. Whatever happens after that ‘only God knows’ (for know, we’ll try to figure out before it happens).
This is the 4h chart which we often feature along with a handful of other Bitcoin charts. All of them combined is what any investor needs to understand the general crypto trend.
NFT tokens went through the roof in the last 3 days. Below is the chart of MANA.
This is what we wrote in today’s crypto investing research service to premium members. It is a summary of the investing principles we have repeated hundreds of times.
- Less is more (less trading, more profits).
- Be patient, patience will be rewarded.
- Focus on quality coins which you can identify by quality chart setups. MANA was in our top list in October, but also in our top list since early this year.
- Ensure a long term focus.
- Work with our materials, don’t wait to see ‘buy now this’ or ‘sell now that’. It might work in short term trading, it’s horrible in crypto investing. Still we see ‘premium services’ out there that charge 4 figure membership fees per year and in the end sell ‘pure crap’. Crypto trading is the most dangerous activity out there, you never will get the same returns with crypto trading as with crypto investing (long term focus).
It’s simple, so simple that by far the majority of crypto investors don’t get it and will never be able to successfully apply it.
Our crypto investing research created serious wealth this week among a large group of investors. The number of THANK YOU messages in our mailbox hit another peak! Yes, loyal members with a long term focus and the ability to learn from our materials are doing amazingly well. Remember, InvestingHaven is the first in the world to publish a premium crypto investing service, the knowledge we did accumulate over the years translate into highly accurate crypto market calls.