Advanced Topics


HODL

What is HODLing? Advice on how to think long term when HODLing in crypto HODL means to refuse to sell your Bitcoin supply, no matter what happens in the markets. DeFi

DeFi is short for Decentralized finance is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum. DeFi is an attempt replace our current financial system with decentralized applications built on the blockchain. DeFi is going to revolutionize the financial system. We're on the ground floor of DeFi.

NFT
A non-fungible token is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. I have not figured NFTs out but they have become a big thing.

TradingView

Max uses TradingView for charting Crypto

Bitcoin Dominance

Filler

ETH-BTC ratio

When this ratio is going up you want to be more heavily in ETH - when it's going down you want to be more heavily in BTC

Ivan Keystone Research Group

Should I invest in AltCoins?

If you're ready to go beyond investing in BTC and ETH, start looking at AltCoins. Most AltCoins are trending to zero, but some will do spectacularly well and can be life-changing when in your portfolio. No one know who the winners will be so you want to identify about 10 AltCoins that look promising and invest $100-200 in each one. You can scale this up if you have a larger portfolio. A good rule of thumb is to limit each AltCoin investment to no more than 1% of your portfolio.

What AltCoins should I invest in?

Max has some videos with price predictions for various AltCoins he likes