SamuelMedina

SamuelMedina

Sharing probably one of my worst trades during these past 2 years; trading a small portion of my ETH into ZEC. Still planning on holding my position regardless. This should turn around sometime (or maybe it’s just hopium). Even if it does not, the risk/reward ratio is favorable for those willing to risk even more of an inflation effect to their ETH stack. I still...

SamuelMedina

Idea: Coinbase = Facebook The first 6 months after Coinbase’s DPO reminds me of Facebook’s first 14 months after its 2012 IPO. The exponential increase over the last decade in the velocity of money and how it is exchanged in the markets seems to be a reason why a stock like Coinbase can do movements that previously took 14 months in just about 6 months. That’s...

SamuelMedina

Is April 2021 a repeat of March 2018? Did we already reach this cycle's top? Although Bitcoin broke support at the crucial level of $51k, and I would bet on a retest to the $42k level ($30K worst-case scenario), this market cycle might not be over yet. In 2013 Bitcoin saw a 60% drop in price during Summer, from April to July 2013, before finishing the year off...

SamuelMedina

This past week Zcash finally broke the 3-year 0.236 Fibonacci resistance. We're heading towards the 0.382 and onwards. Long on $ZEC: $1,200-$3,200 by the end of the year.

SamuelMedina

Context: ~31 days until Zcash's first halving Since April 12th we've entered an ascending channel with consistent higher lows and higher highs. We've yet to revisit this year's $100 high set during early August, but instead, have seen action mainly concentrated between the $50-$75 range. There seems to be strong support at $50, but even stronger at $44. Possible...