Archive: Crypto Asset Strategies
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NFTs Have Unrealized Potential
By Adam Sharp on August 27, 2021
I’ve been watching the non-fungible token (NFT) space closely over the last three months or so. And my conclusion is pretty simple. Art NFTs are here to stay — and we’re just beginning to see the potential utility for NFTs beyond artistic projects. Art NFTs are incredibly viral. Communities form around interesting — or profitable — projects incredibly quick — faster than just about anything else I’ve ever seen. I’ve also…
Introduction to Solana (SOL)
By Adam Sharp on August 20, 2021
Solana (SOL) is an up-and-coming Ethereum competitor. It’s a proof-of-stake coin, and its network is extremely fast and powerful. The requirements to run a validator are extreme (it requires a powerful server with 128GB of RAM, which is a…
Inflation Pushes Bitcoin Higher
By Adam Sharp on August 13, 2021
It was a very nice week for crypto. Bitcoin is up 9% over the last week, while ethereum is up 12.9%, according to CoinMarketCap data. Ethereum jumped on its implementation of EIP-1559, a network upgrade that burns a portion…
Crypto Faces More Government Scrutiny
By Adam Sharp on August 6, 2021
There’s a proposal in the infrastructure bill making its way through Congress that could be bad for crypto. CNBC recently covered the issue in an article titled “White House backs senators pushing for stricter crypto reporting rules.” (Vin Narayanan covered this…
Crypto Market Rallies, Bitcoin Still on Top
By Adam Sharp on July 30, 2021
It’s been very encouraging to watch the crypto rally this week. Bitcoin has led the way over the past week, rising 20% from the beginning of the week to Friday. Most altcoins are up anywhere from 5% to 15% over the same time period. …
Why We Need Crypto Bears
By Adam Sharp on July 23, 2021
Lately I’ve been watching a crypto YouTube Channel called UpOnly. It’s run by two experienced crypto traders, Ledger and Cobie. In April, they hosted a show titled Big Brain Crypto Club. It…
A New Decade of Inflation
By Adam Sharp on July 16, 2021
Bitcoin continues to trade in a pretty tight range between $30,000 and $35,000. There’s a possibility that it could drop to the $20,000 range, but I don’t see it going much lower than that. Of course, anything can happen with crypto. Regardless, I remain certain that…
How to Help the Crypto Community
By Adam Sharp on July 9, 2021
Crypto is bouncing a bit today, but bitcoin’s price is stuck in a pretty tight range between $32,000 and $35,000. Just as an exercise, let’s take a quick look at one of crypto’s potential short-term headwinds. The primary risk is regulatory. We’ve seen what…
A Powerful Trading Lesson From Warren Buffett
By Adam Sharp on July 2, 2021
Back in May, one of my favorite Twitter accounts, 10-K Diver, tweeted something amazing. In his 1989 letter to Berkshire shareholders, Warren Buffett shared a very insightful calculation: This is an incredibly powerful lesson — one…
Market Correction Doesn’t Mean Crypto’s Bull Run Is Over
By Adam Sharp on June 25, 2021
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.
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…
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…
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…
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. …
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…
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…