Crypto Education Archives - Page 2 of 6

Today is February 20th 2023 and if you know anything about me, I am all about documentation. The world is full of people that talk the talk but very few are willing to walk the walk. Success is impossible if you are not willing to fail. I am willing to fail and fail publicly. At the time of this writing Bitcoin has bounced, and friends are asking my thoughts on the crypto markets and my email box is full of questions about specific coins. Our website traffic here at cmgcrypto has trippled over the last month or so. I just felt like it was time to share with all of you my prspective on the crypto market for 2023. I am cautously optomistic. Honestly I think we will be moving sideways throughout most of the year. I don't look for the crypto market to go on a major run up this year and honestly I am hoping that it trades sideways which would give me more opportunities to accumulate specific coins. What coins? I cover them in the session below. Keep in mind this is not financial advice, I am not a financial planner. Anything and everything written on this website is just my personal thoughts, feelings, and prospectives at the time the article is written. Let me apologize in advance, I recorded this session at about three o'clock in the morning and was not totally coherent. https://youtu.be/yeezUPTcgRM Click above to hear this podcast session Bitcoin has moved from about 21K to 25K over the past 7 days so what does that mean if anything? Over the past few months, I have been following blue-chip cryptos closely, but have not had much self-education time. Everyone seems to be looking for signs to confirm if the crypto bear market is indeed over and done with. Naturally, our main focus was on Bitcoin (BTC, Tech/Adoption Grade “A-”) and Ethereum (ETH, Tech/Adoption Grade “B”), because historically, they have always confirmed the turn in crypto market cycles. But at the present time, the altcoin market has also started to move. Many altcoins lost as much as 90% off their peak values during this bear market, but they have now started reclaiming some of those losses to start off 2023. In fact, numerous altcoins have already doubled in price since January 1st. In this special session, In this article I will share with you my cautiously optimistic plan & approach to the crypto market in 2023. Before this next Bull Run at the very least he recommends that you set up a Free Crypto Trading account with USA based coin base, and use some of your business profit to invest in Bitcoin and Ethereum. Use this link and receive $10 worth of Bitcoin free. SET UP A FREE COIN BASE ACCOUNT HERE In 2023 I am going to be focused on stacking Ethereum even more than Bitcoin. This article explains why. Bitcoin has moved from about 21K to 25K over the past 7 days so what does that mean if anything? Over the past few months, I have been following blue-chip cryptos closely, but have not had much self-education time. Everyone seems to be looking for signs to confirm if the crypto bear market is indeed over and done with. Naturally, our main focus was on Bitcoin (BTC, Tech/Adoption Grade “A-”) and Ethereum (ETH, Tech/Adoption Grade “B”), because historically, they have always confirmed the turn in crypto market cycles. But at the present time, the altcoin market has also started to move. Many altcoins lost as much as 90% off their peak values during this bear market, but they have now started reclaiming some of those losses to start off 2023. In fact, numerous altcoins have already doubled in price since January 1st. In the podcast session above, I will share with you my plan & approach to the crypto market in 2023. Here is my list of top 10 Coins I want to accumulate this year. SYMBOLCurrent PriceAll Time HighTargetXRP.40$3.30??FET.40$1.19??AGIX.40.40$5.00ADA.40$3.10$4.00GALA.05.84$10.00SAND.80$8.44$8.00SOL$26.00$235.00$50.00ALI.04.09$1.00AR$13.00$90.94$50.00LINK$8.05$52.88$50.00 #1 XRP is a cryptocurrency that has gained attention for its potential to revolutionize the way cross-border payments are conducted. One of the main advantages of XRP is its fast transaction times, which can settle in seconds, compared to traditional payment methods which can take several days. Additionally, XRP offers lower transaction fees and is designed to provide liquidity on-demand, making it an attractive option for financial institutions looking to streamline their operations. With its promising technology and growing adoption, XRP has the potential to become a major player in the cryptocurrency space, particularly in the realm of cross-border payments and remittances. XRP UPDATE NEWS 6/3/2023 from Milkroad, by favorite daily crypto newsletter. XRP LAUNCHED 11 YEARS AGO Pssst! It’s a certain someone’s birthday…At the ripe old age of 11 is… XRP. AKA the 6th largest cryptocurrency by market cap created by Ripple’s founders.Meanwhile, I ate too much cake and vomited in the bouncy house on my 11th birthday.To celebrate, let’s go down memory lane - and see where XRP’s headed.1/ XRP was created before its founders built RippleThe two are technically separate from each other. Ripple just holds most of XRP’s 100B supply (the founders hold the rest.)Ripple’s known for cross-border payments. Banks like BoA & Santander use its RippleNet (real-time platform) for that.It’s built on XRP Ledger, the blockchain that the XRP token is native on.Oh and Ripple was co-founded by the same guy that created Mt. Gox. #UltraFunFact2/ Critics have called the XRP network not truly decentralized because:Only an approved ~1,500 people validate transactions. Versus anyone being able to validate on Bitcoin, etc.XRP tokens haven’t been created since 2012. Ripple’s founders hold the power to release some into circulation every month to keep the supply stable.3/ XRP’s price peaked at $3.84 after the 2017 crypto bull runThen the 2018 bear market dragged it down, and…4/ The SEC sued Ripple in 2020.CoinMarketCapIt said founders were illegally offering XRP as an unregistered security.Exchanges like Coinbase delisted the coin.So what will its 12th year look like? Well, the SEC/Ripple lawsuit is due to wrap up this month… and Ripple’s expected to win.That prediction has already been driving XRP’s price up in the last few months.You know what that means! We’re hittin Vegas for the next birthday, baby. #2 FET, or Fetch.ai, is a cryptocurrency that has gained attention for its potential to revolutionize the way autonomous agents and decentralized networks are created and managed. One of the main advantages of FET is its ability to enable autonomous agents to interact with each other and complete tasks without human intervention, using advanced AI and machine learning algorithms. Additionally, FET offers low transaction fees and fast processing times, making it an attractive option for developers looking to build decentralized applications. With its cutting-edge technology and growing adoption, FET has the potential to become a major player in the cryptocurrency space, particularly in the realm of AI and decentralized networks. #3 AGIX, or SingularityNET, is a cryptocurrency that has gained attention for its potential to revolutionize the way artificial intelligence (AI) is developed and shared. One of the main advantages of AGIX is its decentralized AI marketplace, which enables developers to share their AI tools and services with others in a secure and transparent manner. Additionally, AGIX offers low transaction fees and fast processing times, making it an attractive option for those looking to develop and utilize AI in their projects. With its innovative platform and growing partnerships, AGIX has the potential to become a major player in the cryptocurrency space, particularly in the realm of AI development and adoption #4 ADA, or Cardano, is a cryptocurrency that has gained attention for its potential to revolutionize the way blockchain technology is used and developed. One of the main advantages of ADA is its scalability, which allows for faster and more efficient transactions, as well as the ability to handle smart contracts and decentralized applications. Additionally, ADA offers low transaction fees and a more sustainable and energy-efficient proof-of-stake consensus mechanism, making it an attractive option for those looking to conduct transactions in a more environmentally friendly way. With its innovative platform and growing adoption, ADA has the potential to become a major player in the cryptocurrency space, particularly in the realm of smart contracts and decentralized applications. #5 GALA is a cryptocurrency that has gained attention for its potential to revolutionize the gaming industry. One of the main advantages of GALA is its ability to provide a decentralized platform for the creation, distribution, and monetization of games. This is achieved through the use of blockchain technology, which enables secure and transparent transactions between players and developers. Additionally, GALA offers low transaction fees and a more user-friendly interface, making it an attractive option for both gamers and developers. With its innovative platform and growing partnerships with major players in the gaming industry, GALA has the potential to become a major player in the cryptocurrency space, particularly in the realm of gaming and esports. #6 SAND, or The Sandbox, is a cryptocurrency that has gained attention for its potential to revolutionize the gaming industry. One of the main advantages of SAND is its ability to provide a decentralized platform for the creation, distribution, and monetization of user-generated content and games. This is achieved through the use of blockchain technology, which enables secure and transparent transactions between players and developers. Additionally, SAND offers low transaction fees and a more user-friendly interface, making it an attractive option for both gamers and developers. With its innovative platform and growing partnerships with major players in the gaming industry, SAND has the potential to become a major player in the cryptocurrency space, particularly in the realm of gaming and virtual reality. #7 SOL, or Solana, is a cryptocurrency that has gained attention for its potential to revolutionize the way decentralized applications are built and scaled. One of the main advantages of SOL is its high throughput, which enables faster and more efficient transactions on its blockchain. Additionally, SOL offers low transaction fees and a more sustainable and energy-efficient proof-of-stake consensus mechanism, making it an attractive option for those looking to conduct transactions in a more environmentally friendly way. With its innovative platform and growing partnerships, SOL has the potential to become a major player in the cryptocurrency space, particularly in the realm of decentralized applications and DeFi. #8 ALI The AI Protocol utilizes the Artificial Liquid Intelligence (ALI) Utility Token.The ALI Utility Token is the native ERC-20 Utility Token of the AI Protocol and the decentralized applications built on it. The ALI Utility Token regulates, incentivizes, and rewards the various participants of the AI Protocol.Alethea AI is a research and development studio building at the intersection of two of the most transformative technologies of our time: Generative AI and Blockchain. Our mission is to use these technologies to enable democratic and decentralized ownership of AI. We believe that this will be the key to unlocking the full potential of AI and that it will ultimately benefit humanity as a whole. #9 AR, or Arweave, is a cryptocurrency that has gained attention for its potential to revolutionize the way data is stored and accessed on the internet. One of the main advantages of AR is its ability to provide a decentralized platform for permanent data storage, enabling the creation of a truly decentralized and censorship-resistant internet. Additionally, AR offers low transaction fees and a more sustainable and energy-efficient consensus mechanism, making it an attractive option for those looking to store and access data in a more environmentally friendly way. With its innovative platform and growing partnerships, AR has the potential to become a major player in the cryptocurrency space, particularly in the realm of decentralized data storage and web 3.0 applications #10 LINK, or Chainlink, is a cryptocurrency that has gained attention for its potential to revolutionize the way smart contracts are executed on the blockchain. One of the main advantages of LINK is its ability to provide a decentralized oracle network that securely connects smart contracts to external data sources and real-world events. This enables the execution of more complex and advanced smart contracts, as well as the creation of more sophisticated decentralized applications. Additionally, LINK offers low transaction fees and a more sustainable and energy-efficient consensus mechanism, making it an attractive option for those looking to conduct transactions in a more environmentally friendly way. With its innovative platform and growing adoption, LINK has the potential to become a major player in the cryptocurrency space, particularly in the realm of decentralized finance (DeFi) and smart contract applications. Websites & Articles Reference in the Podcast: Before this next Bull Run at the very least I recommend that you set up a Free Crypto Trading account with USA based coin base, and use some of your business profit to invest in Bitcoin and Ethereum. Use this link and receive $10 worth of Bitcoin free. In 2023 he is going to be focused more on stacking Ethereum even more than Bitcoin. This article explains why. https://cmgcrypto.com/2023/01/10/ethe... CRYPTO IRA WITH ITRUST CAPITAL Learn How to Get $100 in Free Bitcoin when you set up your Crypto IRA. CLICK HERE TO LEARN MORE Why you should keep an eye on Elon, Shiba Inu & DogeCoin Gala Games Information Plug and Play Crypto Insights Sandbox Information Political Crypto Currency Corruption UPDATE MARCH 5, 2023 The above article and podcast was dropped about 15 days ago on February 20th. On March 3rd a couple of days ago Trend Advisor published the article below regarding Elon. In the podcast if you caught my thoughts around AI Tokens and being aware of what Elon does and the effects he can have on Shiba & Doge, you will probably find this article from Trend Advisor as intersting as I did. Is It All About AI Now For Elon Musk? Jose Rodrigo Safdiye March 03, 2023 It's no secret that ChatGPT is the talk of the town. Its technology has opened up countless doors and possibilities for the world of business, finance and education, with artificial intelligence being a technology that impacts absolutely everything. Elon Musk seems to be completely passionate about artificial intelligence, even more so than before. Let's remember the CEO of Tesla was previously very concerned about what the future of artificial intelligence technology could bring. With his satirical tone, he sent a bearish tweet for crypto Friday, saying that he had lost interest in crypto and that his obsession is now AI. As we already know, the volatility of crypto accelerates when Elon tweets, so the markets reacted to this comment. Dogecoin (CRYPTO: DOGE) dropped almost 0.5% in the few minutes that followed the tweet. In general, it is expected that when Musk makes comments about tokens like Shiba Inu (CRYPTO: SHIB) or other doggies, there will be interesting volatility to trade. Benzinga's Take: But what does this tweet really hide? Is Musk really tired of crypto? Of course not — how could he be? This tweet appears to reflect a wider trend in the technology industry, with a shift in focus toward artificial intelligence and away from previously popular trends like NFTs and the Metaverse. While some may interpret this as a sign that Musk has lost interest in cryptocurrency, it's important to note that he has been a longstanding advocate for the potential of blockchain technology to revolutionize finance and other industries. As the technology industry shifts toward artificial intelligence, it's possible that the price of metaverse tokens and NFTs may continue to decline. With the buzz around these technologies waning, investors may start to look elsewhere for new opportunities.End of Article This makes me more Bullish on AGIX & FET (Two of my Top 10 Cryptos for 2023) I may be totallying missing something here, but I don't think so. Elon makes a tweat and people sell their Dodge Coin. You have to take into consideration the lack of investing knowledge most of the holders of Doge Coin & Shiba have. Their friends were buying the coin with their Robin Hood app and they wanted to fit in and be part of the cool kids club. (That is why I say the world is easier to understand when you look at everyone like they are 12 years old). Here is the main point. Today, the masses are just headline readers as it relates to ChatGPT and Artifiial Intellegence. At some point investors are going to put two and two together, and realize their are companies in the market that are on the cutting edge of AI technology that also allow us to invest in them through their cryptocurrencies. While the last bull run was fueld by Metaverse and Gaming Tokens,I believe there is a good possibility the next one will be fueled by AI companies. At this point I am feeling like I definately need to load up on FET & AGIX, but maybe I need to pick 10 tokens/coins in this new niche and make sure I am holding at least 1000 of each. 9 can flame out, but you only need one to make a 1000 X run to put yourself in a good spot. Just thinking outloud at the moment. Of course this is not financial advise and never listen to a word I say regarding investing, due your own due dilligence. Have a blessed day. ---BELOW ARE THE TOP CRYPTO PICKS FOR 2023 FROM MANY PROS --- https://youtu.be/CGkzyVa1jyc Apr 17, 2023 #Crypto#passiveincomeIn this video I explore the top 10 alt coins in my opinion most likely to 100x or more. And I say most likely but it's more the ones I know about and have insight into that I think could 100x. There's so many projects out there it's difficult to be aware of all of them and have a decent enough understanding to be able to assess them well. Also obviously this is for entertainment purposes only to be able to look back on and see if I'm right or wrong and how many I was right or wrong on. Here are the Coins: 1. Goldfinch (GFI) 2. Enzyme (MLN) 3. Pendle (PENDLE) 4. Dopex (DPX) 5. Sphere (SPHERE) 6. Premia (PREMIA) 7. Index (INDEX) 8. Akash (AKT) 9. Redacted (BTRFLY) 10. Forex (FOREX)