Archive: solana
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Bitcoin Hasn’t Reached Its Peak Yet
By Adam Sharp on December 3, 2021
Bitcoin has pulled back significantly, but I still think we’re in a long-term uptrend. I just don’t believe this cycle has peaked yet. With a high of $69,000 so far this year, we’re only up about 3.5x from the 2017 cycle high of around $20,000. In this environment, with inflation raging, I expect bitcoin to continue doing well. Needless to say, I could be wrong. This is crypto, and anything can and does happen. …
Investors Overreact to Crypto Dips
By Adam Sharp on November 19, 2021
Bitcoin and DeFi (decentralized finance) tokens have been on an absolute tear over the last year. One year ago today, bitcoin’s price was around $18,600. Today it’s above $58,000. Ethereum was around $500 this time last year, and it’s over $4,000 today. Solana (SOL) is up…
How to Time a Crypto Exit
By Adam Sharp on November 12, 2021
I am a long-term investor. I make investments while expecting to hold them for at least 10 years. But I do plan on selling some crypto during this bull market at some point. I may sell as much as half. But I don’t think…
Explosive Returns Drive Record Crypto Investment
By Adam Sharp on November 12, 2021
Venture capitalists (VCs) invested a record $6.5 billion in crypto in the third quarter of 2021. Here are some highlights from a November 2 CoinDesk article. The U.S. continued to lead the world in VC funding into the crypto…
Bitcoin Poised for More All Time Highs
By Adam Sharp on October 22, 2021
Bitcoin has pulled back from the all-time-high of around $67,000 it reached earlier this week. But it’s still looking great at around $60,000. A pullback here is actually quite healthy. We don’t want it to go up vertically. Parabolic (near vertical) moves inevitably correct hard. Steady…
Bitcoin Keeps Outperforming Altcoins
By Adam Sharp on October 15, 2021
Bitcoin continues to perform well against altcoins, after lagging significantly earlier in the year. It’s hard to say how altcoins will react if bitcoin goes above $100,000. They may soar higher right along with it. Or they may struggle for attention in the face of a…
Bitcoin Soars Past Altcoins
By Adam Sharp on October 8, 2021
Bitcoin has been beating altcoins over the last few weeks — which is something we haven’t seen in a long time. And I think this trend may continue for a while. We could even get a situation where bitcoin “sucks all the air out of the room,” which…
Keep an Eye on FTX Token
By Adam Sharp on September 10, 2021
FTX Token (FTT) is the native currency of the FTX crypto exchange. FTX is a very fast-growing and profitable exchange founded by 29-year-old billionaire Sam Bankman-Fried. Bankman-Fried is pretty much the Midas of the…
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…