YES…Probably!
Because Bitcoin is still KING!
So when Bitcoin moves, everything else moves! Such as Ethereum, followed by Altcoins… which is all very EXCITING as just a week ago cryptos, blockchains, metaverses and other tech giants hit rock bottom (as Dennis and Keith explain here in our latest Trades Of The Week episode).
It all adds up to HIGH PROBABILITY that Bitcoin is going to break resistance and move on up. This is what we believe, though, as ever, we all need to do our own research… not guess work. Hence, we work on probability.
But such is the nature of trading and investing, we know for a fact things move FAST when there is uncertainty… and equally when there is certainty. This is what makes trading and investing a brilliant way to build wealth.
So what else?
MARKET NEWS
Once again, it has been a topsy-turvy week as inflation, interest rates and the ongoing Russia-Ukrainian conflict continues to set the agenda for the world economy.
It was all doom and gloom, but the Fed Reserve have just said “no” the economy is actually really strong, we are still seeing growth during the pandemic. What does it mean for YOU? That all depends on how well you are following our Investment Mastery strategies and approach! So tune in to Investment Mastery’s Youtube Channel to find out what we are doing.
COMMODITIES
With more certainty coming into the market, there is now less money flowing into commodities as more of the money is going back into stocks. That’s because commodities are the safe haven for investors. When there is fear, they move over to commodities but when there is certainty they move back to stocks.
Watch Trades Of The Week to find out which gold or silver investment proved the importance of doing the VCA strategy properly for 10%-15% profit… and which is the only commodity going against gold and silver. You can probably guess, it’s all about supply and demand.
CRYPTOS
Looking very interesting at the moment, we’re seeing an ascending triangle with price breaking higher. Bitcoin is bullish, Ethereum is bullish, altcoins are bullish.
We’re still seeing great things with XRP and Cardano (still down 70%, and top of the TVL, it’s a great time to invest). Polkadot has moved higher. Solana is interesting – massively down from its all-time high, yet more people are beginning to utilise Solana to start building their projects even though price is fallen. Which means – short term price doesn’t dictate where the longer term movement of that crypto will go.
We’re really excited for crypto, we believe we are going to see a big push in the market.
NEW ADDITION
NEAR PROTOCOL – a layer 1 opportunity down 47%. Why do we like this? Find out in the latest Trades Of The Week
VCA
Lots of great movements here:
ALIBABA – we added when at -70%, then just like that it went up by 35% last week! Wow!
SQUARE/BLOCK INC. – we got in when down 40, 50, 60, 70… but all of a sudden average price moved up 15%.
FACEBOOK – was down 51%, then started to move higher. CATERPILLAR – also rallied well.
NEW ADDITION
ADOBE – down 35%. It’s a great company, fundamentally strong, good market cap, overvalued peg but this is natural for bigger Blue Chip companies, so we don’t pay too much attention to that, plus really low debt which is great. There’s more besides, so check out Trades Of The Week to get the full detail and which question you always need to ask to be sure this is an investment for you.
RESULTS
STOCK MARKET
Buffalo – +54.5% on total portfolio (-1%)
VCA – +885% on money invested (+10)
CRYPTOS
Things are bubbling and should see some good results in coming months.
CCA +1,460% on money invested
Small Cap 4,320% on money invested
Remember – our philosophy is all about building wealth over time, not “get rich quick.”
