SwayzePunkz

Intro to SwayzePunkz: Should I trust Crypto Markets?! 👾

Education
CAPITALCOM:CIX   None
I've made posts about this topic previously on my personal account, but it's time to show you what SwayzePunkz is all about.
Disclaimer, just a dude that has some experience in the trading community, since 2018. This seems to be something I'm naturally good at, so I would like to share some of my thoughts... Not trading advice, just a dude with something relevant to say...

In 2019, I made some Facebook posts in a Trading group called Advanced Traders that showed what I had learned in 365 days of trading. This brought me a lot of attention in that community as my view of the charts was vastly easier to grasp to most... and at that, a helluva lot more comprehensive, using nothing but human psychology to wade my way through this madness. I've always been fascinated with psychology, and have devoted 1000+ hours to the literature, for this, I think you may want to hear what I have to say... from this point forward. So to start, follow me on all social media (@swayzepunkz) but most importantly, here. Where I will be doing daily posts on charting, watchlists, and everything Blockchain-related.

Let's dig in, shall we:

First off, Crypto markets are an amazing place for beginner traders to begin. With only shy of 1200 coins and tokens to choose from, the market is saturated with growth potential across each coin! I'll touch on this in later posts, but for now, I want you to understand WHY CRYPTO?

To begin, Crypto markets are young, but not naive. They were created by some of the greatest tech minds this world has to offer. People such as Elon Musk even get a thrill out of it (arguably one of the most intelligent thinkers of our generation). With the age of Digitalization, from the beginnings of television; to the most recent advancements in Quantum computing, we have to agree, digitalization has just begun. An offspring of this digital world is something we all call Blockchain, a digital machine that effectively creates a trustless accounting system for any globalized currency. This makes an interesting concept, with no banks, tellers, or even pens, blockchains can operate. Without banks, tellers, and old accounting techniques we can assume automatically, without a doubt a cheaper, more efficient, and more secure system (this part will shock you).

In the last decades, programmers have been blessed with some of the greatest technologies of our lifetime, the ability to (at home), use a computer to program applications and programs from PayPal to Minecraft. Everything you use today was programmed almost the same way, CODE. Code is the logical rhythm of words, letters, numbers, and special characters used in a certain pattern to navigate a computer through a certain list of commands called "Protocols". Same with your morning routine, you must wake up before you brush your teeth, and place toothpaste on the brush before that. Otherwise, you'll notice ERRORS. (a dry toothbrush or waking up with a brush in your mouth would be an ERROR). Now alternatively, a system that runs harmoniously is "perfect" so that it avoids errors by following a very comprehensive list of rules (protocols). This is only part of the Cryptocurrency game, another huge aspect is the word Crypto derived from the word Encryption. Since World War II we have been encrypting messages to fool those who would use this information maliciously. Because who wants the enemy to know your plan? Same with Crypto, although, your "enemy" is anyone who is not, you, or the person you are transacting with.

"What's this have to do with this BitCoin"


Well, it's not just BitCoin, this is the entire system, predicated on P2P transactions with perfectly harmonious protocols that ENSURE your safety, privacy, and protection.

We'll cover a heck of a lot more content like this in future posts. We're super glad to have shared this post about Crypto Security, follow us where ever you enjoy consuming content. We'll likely be there @SwayzePunkz.... (YouTube will be in about a month)

For now, here's my watchlist for the Week top 5:

1. $CIX is your best bet for watching overall market trends, think of this as your NASDAQ or TSX indices.

2. Carrying some massive momentum from last week, you know I'm watching $DOGEUSDT. This one has so much damn volume, it's insane. The people are shouting for $1.00 and I believe they'll give it all they've got to get there.

3. $BTCUSDT, I look at this similarly to a market index, something like the S&P 500, Russel, Dow Jones Industrial, and the like. This coin is going to make a ravishing push toward a new high, but we'll be watching this closely, as it's borderline on that support line, and it kinda freaks me out, but still bullish AF... It's kind of like a Bull Walk, not yet a Bull Run.

4. This one is kinda a tie... $ETHUSDT and $ETCUSDT were watching these on a comparative level, trying to understand any deviations because these two are like brother and sister, but eventually one is going to be the favorite of the family.

5. Lastly, I wanted to say $XRPUSDT but I would lead you into the unknown, that's why you're here - to get good relevant information. Although I like the spread on XRP rn, I don't like the chart, it's sloppy. We'll revisit this next week. So to give you one, that I'm going to hail mary on (once my Binance account is set up) $DOTUSDT... I'll leave this one for you to check out, but we'll be talking about this a lot, soon. So I'll leave this as a take-home research project...

Like always, trade carefully, make your own decisions and stick to them, never second guess yourself, and be okay with taking a loss if it means huge gains somewhere else.

Follow us @swayzepunkz anywhere you'd like. We're trying to be everywhere. Check out our Link, to find more content about this entire cultural/digital shift, and also a few promotional offers from our friends at MOGO, Binance, and of course, the best place to get your charts (exactly how you like them TradingView!

https://linktr.ee/swayzepunkz
Disclaimer

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