Posts tagged Bitcoin
The Banks Are Scared of Cryptocurrencies … and So They Should Be!

Now my mining operation is live; I have been working with my accountant to ensure we have clean books and report taxes correctly. One of the things we need for this is a business bank account.

This week, I had my application for an account with Metro Bank rejected, the third bank which has rejected me following Lloyds and Revolut. The latter the funniest, seeing as they promote themselves a Crypto friendly bank, allowing customers to buy and sell Crypto alongside their fiat accounts. 

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We Need to Talk About Crypto Trading: A Cautionary Tale

During a recent webinar I held, I created a poll asking how trading was going, with options from making good money to losing lots of money. There were a handful who have lost a lot, and I asked them to get in touch if they wanted to discuss it. A few people messaged me, some of whom have lost tens of thousands of pounds, one who had dropped hundreds of thousands, so I thought it would be good to write a cautionary post about investing in crypto.

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Are We in a Bear Market? No, I Think This Is a Correction

What a week it has been. I don’t think many of us expected such a hard hit to come so quickly, and even with the bounce from $6k, are we really out of the woods yet? I have been Tweeting out some stuff this week, specifically taking an honest look at the weaknesses in my trading strategy, but I want to put it all down more clearly here.

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B2x Fork - What It Is, Why I Don't Support It and How I Am Trading It

This article exists because, like me, there are many Bitcoin and Crypto traders who do not understand the technical side of the scaling debate but have investments which are affected by forks. I have written this as an attempt to explain, in as simple as form possible, why this fork is happening, why I don't support it and how I intend to trade it.

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Why the Futures Market Will Destroy B2X Before it Launches

With the Segwit2x hard fork approaching, I have been working on an article explaining the background to this fork, why I don't support it and how I am going to trade it. The article is currently in draft and being reviewed by one of the resident miners in my Facebook group to check for accuracy as most of the topics covered are quite technical.

While I have been preparing the article, it is becoming evident that the futures market is going to kill off B2X before it launches so I wanted to get a post out about this as quickly as possible as this is going to affect trading.

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