Trend Letter Blogs

Headlines_sm

Headlines – February 16/18

Stocks flirt with 6-day rally; Nasdaq set for best week since 2011. Read story Oil output cuts and electric car influx could hit Russia economy: central bank. Read story Ninth grader arrested after threatening “Round 2 of Florida.” Read story US rejects China-led bid for Chicago Stock Exchange. Read story Bitcoin retesting the $10,000 level […]

Headlines_sm

Headlines – February 15/18

17 killed in mass shooting at Florida high school. Read story Football coach ‘died a hero’ shielding students from gunman. Read story Wall St opens higher as inflation fears ebb. Read story Brace for another nose-dive for stocks – and welcome it. Read story Billionaire Charlie Munger says ‘bitcoin is noxious poison.’ Read story The […]

Headlines_sm

Headlines – February 14/18

Wall St reverses course to trade higher. Read story Consumer prices jump more than forecast, sparking inflation fears. Read story OPEC will be forced to play ‘second fiddle’ to the US in 2018. Read story More fund managers now see danger ahead for the economy than at any time in the last decade. Read story […]

Markettop

Key short-term targets for the S&P 500

In the latest issue of The Trend Letter, we identified the following Key Target areas for the S&P 500. On a timing basis, this next week, starting today, should see the next short-term trend. The futures pointed to a lower opening, which fits our model’s forecast for slide over the next week. Here are the […]

February 13/18

Dow opens 160 points lower, as stock market threatens to halt 2-day climb. Read story ‘Risks of recession’ are rising, says head of world’s largest hedge fund. Read story Kim Jong-un hails ‘warmth’ with South, calls for further reconciliation. Read story VIX manipulation costs investors billions, whistle-blower says. Read story Virtually no one is reporting […]

Headlines_sm

Headlines – February 12/18

Stocks rebound globally crude oil snaps sell-off. Read story White House to roll out Trump infrastructure plan. Read story Oil bears in control, but expect a bounce. Read story Bitcoin inches closer to $9,000, with cryptos higher across the board. Read story Investors brace for more swings as US inflation specter rises. Read story Pence […]

Headlines_sm

Headlines – February 9/18

US stock benchmarks surge at open. Read story Euro set for worst week since 2006 as dollar extends rally. Read story Trump signs spending bill, ending short shutdown. Read story Nearly one-third of S&P 500 stocks are in a bear market. Read story Oil slides toward weekly loss on excess supply worries. Read story Turkey […]

Headlines_sm

Headlines – February 8/18

Wall St falls as investors remain on edge. Read story Bulls vs bears: taking sides on the stock market. Read story Broader cryptocurrency ahead? Depends where you are. Read story 32% of Canadians nearing retirement with no savings: Poll. Reads story If you’re freaking out about the stock market, remember why you invested in the […]

Headlines_sm

Headlines – February 7/18

More stock market turbulence. Read story Forget the stock market roller-coaster, the sell-off in bonds is what matters. Read story Cryptocurrency price surge: Bitcoin, Ripple and Ethereum all rising as markets recover. Read story XIV trader: ‘I’ve lost $4 million, 3 years of work and other people’s money. Read story Icahn: The market will one […]

Dowup0206

Dow +567 after wild intra-day swings

After an historical 1,175 tumble on Monday, the Dow rebounded today, closing 567.02 points higher. It wasn’t pretty as at its session low the Dow was down by 567.01 points. From the session low to session high, we saw a range of 1,167.49. The Dow ended the day up 2.33% The S&P 500 was a similar story, trading […]

Headlines_sm

Headlines – February 6/18

After opening down 500 pts, the Dow moved up 350, now back negative. Read story European shares tumble in new sell-off. Read story Global sell-off runs to $4 trillion. Read story Bond bears smell blood, others claw for buying opportunities. Read story Cryptocurrency hearing will have SEC, CFTC chiefs trying to juggle allowing innovation with protection […]

Markets

Record market sell-off

As we have been anticipating, global markets started to correct last week, and that downturn gained strong momentum in today’s historic sell-off. Fortunately for subscribers to The Trend Letter and Trend Technical Trader (TTT), both services had strategies in place to deal with this correction. In fact, while the Dow saw its biggest single-day decline in history, two of […]

Headlines_sm

Headlines – February 5/18

Stocks resume Friday’s sell-off. Read story US market meltdown spreading across Europe and Asia. Read story Bitcoin falls to fresh 2.5 month low. Read story Oil reaches one-month low. Read story Super Bowl rating slip to 8-year low as Eagles score historic win. Read story Mass riots erupt in Philadelphia as fans celebrate Eagle Super […]

Headlines_sm

Headlines – February 2/18

Dow Industrials set for 730-point weekly drop, worst weekly drop in 2-years. Read story US adds 200,000 jobs with wage growth fastest in more than 8 years. Read story US 10-year yield jumps to 2.85%, a 4-year high. Read story Bitcoin set for worst week since 2013  as crypto sell-off intensifies. Read story Alibaba sales […]

Headlines_sm

Headlines – February 1/18

US stocks stumble as investors digest corporate earnings. Read story Bitcoin drops below $9,300 as India vows to eliminate their use. Read story US oil production tops 10 million barrels per day for first time since 1970. Read story 10-year US Treasury yield hits 2.75% for first time in three years. Read story FISA FBI […]

Headlines_sm

Headline – January 30/18

Dow down 300 points as stock sell-off intensifies. Read story Market euphoria may turn to despair if 10-year yield jumps to 3%. Read story Mortgage rates surge to highest level in 3-years. Read story Wall Street’s ‘fear gauge’ breaks above 14 for first time since August as stocks falter. Read story China directs users to […]

Headlines_sm

Headlines – January 29/18

Wall St dips at open, Apple weighs. Read story US dollar rebounds, helped by 10-year Treasury yield topping 2.70%. Read story Consumer spending hits 6-year high, as Americans cut savings to 12-year low. Read story These 27 S&P 500 stocks are blowing away the market with gains of 15% or more this month. Read story […]

Headlines_sm

Headlines – January 26/18

Wall Street opens higher on strong earnings, soft dollar. Read story Trump says Republicans will accept citizenship for ‘Dreamers.’ Read story Davos’s founder defended Trump against ‘biased interpretations.’ Read story Trump denies reports he tried to fire Mueller. Read story Coincheck halts trading says $400 million cryptocurrency lost. Read story Finland election brings Finexit threat […]

Headlines_sm

Headlines – January 25/18

Wall Street gains on solid earnings, lower dollar. Read story Surging Euro forces Draghi to tread carefully on policy. Read story Ontario conservative leader Brown resigns amid sexual abuse allegations. Read story Trump says he is willing to speak under oath to Mueller. Read story Davos attendees are quietly planning to walk out on Trump’s […]

Trend Technical Trader Subscriber Only Blogs

Crypto TREND Blogs

Crypto-logo-Vtiny-PNG

Can government really shut down crypto currencies?

Crypto Currencies (CC’s) are making inroads into the daily lives of more and more people every week.  While China has taken a contrarian stance, trying to curtail Crypto Coin marketplaces, most other countries are finding ways to embrace this market or at least consider positive ways to deal with it.  Clearly, most governments around the world do NOT want to miss out on the CC market as a rich source of revenue, so it is surprising that China has chosen to head in an authoritarian direction, perhaps believing that strict controls and prohibitions will be better for them.  History has taught us that prohibition does not work, especially when it provides the masses with something they really want – wine, beer, & spirits are still with us – under reasonable control worldwide.

Here is some of the latest evidence that CC’s are rapidly heading towards mainstream status in the investments marketplace:

  • Many Daily News shows now include a market recap segment with a full screen on Crypto Currencies, typically right after the Commodities recap screen.
  • Arizona, Wyoming, and Colorado are preparing to accept CC’s for tax payments.
  • In January, KFC Canada launched a limited time offer of the “Bitcoin Bucket” of chicken – the first major restaurant organization to utilize CC’s.
  • Two entrepreneurs in the UK have sold 50 new luxury apartments in Dubai for Bitcoin.
  • The Canadian Securities Exchange (CSE) has proposed a new blockchain based system of clearing and settling the purchase and sale of securities, aiming to provide real-time clearing and settlement, with low costs and fewer errors, compared to conventional services.
  • Ripple has an agreement with the Saudi Arabian Monetary Authority (SAMA) to support cross-border payment technology with banks in Saudi Arabia, to enable instant settlement of cross-border transactions, lowering barriers to trade and commerce.
  • Western Union is testing transactions with the use of RIPPLE’s (XRP) blockchain based settlement system, anticipating faster, cheaper, and more accurate money transfers.

Of course there are some who fear the integration of traditional fiat currency systems with the newly minted virtual currency systems.  One of those is Augustin Carstens, general manager of the Bank for International Settlements (BIS) who believes that Bitcoin is a bubble, a Ponzi scheme, a speculative mania, and an environmental disaster.  He also believes that CC’s are used a lot for money laundering and other criminal activities. He therefore is recommending strict regulation by all Central Banks, as CC integration could threaten the stability of financial institutions.

We see that we still have a “wild west” range of opinions and views about the CC market space, but we note that there is more and more evidence that the mainstream media and governments at all levels are acknowledging CC’s as a significant part of the financial landscape, a part that cannot be ignored or stifled.  We see the trend is toward having CC’s and Blockchain technology company stocks in a well balanced, forward looking investment strategy.

Investing in Blockchain & other new technologies

Even with all the wild swings in the crypto space, our Crypto Trend Premium portfolio is still up an average of 30.82% at the time of this writing. As the sector goes through its growing pains of weeding out the weaker players, just like in the internet boom, most of the of these players will fall by the way side, but in the end some real winners will emerge.

While there is a great deal of volatility in the crypto space, as an investor, you need to understand that the underlying blockchain technology is a disruptive technology that will impact a great many sectors.  As highlighted in our February 3rd blog, there are currently over 36 industries that are heavily investing in blockchain technology today.

Remember, disruption doesn’t happen overnight. Blockchain technology is still in its infancy, and a lot of the actual technology has yet to be perfected. Blockchain technology will supplement traditional industries, making them more efficient. We are certain that blockchain will transform the banking industry.

As investors, we believe that as blockchain, 5G, and other new disruptive technologies mature, solid long-term gains will be realized for those who are bold enough to be early participants.  We have evaluated dozens of blockchain and new tech companies and have a short-list that we are ready to pull the trigger on as soon as we see more stability in the general markets.

Thanks to the very timely warnings of both The Trend Letter and Trend Technical Trader for a global equity market pullback and/or correction, we have held off issuing any new recommendations until we get a BUY Signal for the general market, which could come anytime in the next few weeks.

If you are ready to make a speculative investment into these disruptive technologies and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer to give our readers the opportunity to get started at a $175 discount, meaning you pay only $525.00. To take advantage of this special offer, click here

Stay tuned!

Crypto-logo-Vtiny-PNG

Visa says you can buy almost anything, except crypto currencies

The news this week is that several banks in the USA and the UK have banned the use of credit cards to purchase crypto currencies (CC’s).  The stated reasons are impossible to believe – like trying to curtail money laundering, gambling, and protecting the retail investor from excessive risk.  Interestingly, the banks will allow debit card purchases, making it clear that the only risks being protected are their own.

With a credit card you can gamble at a casino, buy guns, drugs, alcohol, pornography, everything and anything you desire, but some banks and credit card companies want to prohibit you from using their facilities to purchase crypto currencies? There must be some believable reasons, and they are NOT the reasons stated.

One thing that banks are afraid of is how difficult it would be to confiscate CC holdings when the credit card holder defaults on payment.  It would be much more difficult than re-possessing a house or a car.  A crypto wallet’s private keys can be put on a memory stick or a piece of paper and easily removed from the country, with little or no trace of its whereabouts.  There can be a high value in some crypto wallets, and the credit card debt may never be repaid, leading to a declaration of bankruptcy and a significant loss for the bank. The wallet still contains the crypto currency, and the owner can later access the private keys and use a local CC Exchange in a foreign country to convert and pocket the money.  A nefarious scenario indeed.

We are certainly not advocating this kind of unlawful behavior, but the banks are aware of the possibility and some of them want to shut it down. This can’t happen with debit cards as the banks are never out-of-pocket – the money comes out of your account immediately, and only if there is enough of your money there to start with.  We struggle to find any honesty in the bank’s story about curtailing gambling and risk taking.  It’s interesting that Canadian banks are not jumping on this bandwagon, perhaps realizing that the stated reasons for doing so are bogus.  The fallout from these actions is that investors and consumers are now aware that credit card companies and banks really do have the ability to restrict what you can purchase with their credit card. This is not how they advertise their cards, and it is likely a surprise to most users, who are quite used to deciding for themselves what they will purchase, especially from CC Exchanges and all the other merchants who have established Merchant Agreements with these banks.  The Exchanges have done nothing wrong – neither have you – but fear and greed in the banking industry is causing strange things to happen.  This further illustrates the degree to which the banking industry feels threatened by Crypto Currencies.

At this point there is little cooperation, trust, or understanding between the fiat money world and the CC world.  The CC world has no central controlling body where regulations can be implemented across the board, and that leaves each country around the world trying to figure out what to do. China has decided to ban CC’s, Singapore and Japan embrace them, and many other countries are still scratching their heads. What they have in common is that they want to collect taxes on CC investment profits.  This is not too unlike the early days of digital music, with the internet facilitating the unfettered proliferation and distribution of unlicensed music. Digital music licensing schemes were eventually developed and accepted, as listeners were ok with paying a little something for their music, rather than endless pirating, and the music industry (artists, producers, record companies) were ok with reasonable licensing fees rather than nothing.  Can there be compromise in the future of fiat and digital currencies?  As people around the world get more fed up with outrageous bank profits and bank overreach into their lives, there is hope that consumers will be regarded with respect and not be forever saddled with high costs and unwarranted restrictions.

Crypto Currencies and Blockchain technology increase the pressure around the globe to make a reasonable compromise happen – – this is a game changer.

 Crypto Trend Premium

If you are ready to make a speculative investment into these disruptive technologies and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer to give our readers the opportunity to get started at a $175 discount, meaning you pay only $525.00. To take advantage of this special offer, click here.

Stay tuned!

Crypto-logo-Vtiny-PNG

36 major industries heavily investing in blockchain

For 2018, the markets started off in a mostly positive direction, and have now started heading in reverse.  A correction is overdue, as discussed in recent editions of The Trend Letter.  The Dow plunged over 665 points, posting the steepest weekly decline in over two years.  As mainstream markets decline, investors immediately start re-assessing their risk tolerance, and Crypto Currency (CC) investors are re-assessing risk even more, given all the discussion about how volatile this market space can be.  It is not the usual mainstream economic drivers causing the CC plunge – it is fear, which is wildly contagious across all investment categories.  Markets are largely driven by human fear and greed, two emotions that cause most investors to be unsuccessful over the long term.  Cold hard analysis, coupled with “smart” Buy/Sell strategies, removes emotion from your investment decisions and paves the way to success.  Strong bull markets need to correct once in a while, to restore balance and set the stage for the next run up.

CC Exchanges can be significantly less nimble than the mainstream stock market exchanges; however, there are several CC Exchanges that accommodate BUY and SELL LIMIT orders. Using those facilities as part of an “Entrance and Exit” strategy is highly recommended.

The news in the CC markets throughout January was mainly focused on the declining prices of almost all the coins.  CC price declines preceded the overall stock market decline and are a reaction to more and more national governments indicating that they want to either ban CC’s, or increase their means to control and tax them.  With all the fear that is now being generated in the mainstream stock markets, this is a perfect storm wherein CC investors have multiple sources generating fear.

Welcome to the world of cryptos, where you can make a fortune in months, and see things crash even faster. Clearly, investing anything more than a small portion of your portfolio in cryptos is a risky proposition. But if you believe, as we do, that the concepts behind Bitcoin and other cryptos, specifically the blockchain distributed database – are sound, then it makes sense to invest in cryptos, and especially indirectly in the blockchain infrastructure that supports Crypto Currencies, a technology that is expanding into many other sectors.

Today, there are over 36 major industries heavily investing in blockchain technology to revolutionize their industry, by cutting or eliminating costs, and dramatically improving efficiency and transparency.  We are talking about a wide spectrum of industries including:

  • banking
  • law enforcement
  • messaging apps and ride hailing
  • IoT (internet of things)
  • cloud storage
  • stock trading
  • insurance
  • healthcare
  • elections
  • global forecasting
  • retail
  • supply chain management
  • gift cards and loyalty programs
  • government and public records
  • charity
  • credit history
  • wills and inheritances
  • and many other industries

We believe that we have years of incredible change ahead of us before this market finally settles on a standard. Yes, we will see many cryptos come and go, but much like Amazon, Apple, Google, and Facebook, there will be a few giant winners.

Let Crypto Trend be your guide to understanding and successfully investing in this new, exciting, and game changing technology.

Crypto Trend Premium

Subscribers to Crypto Trend Premium will soon see new recommendations in their inbox to capitalize on the blockchain technology, as well as the revolutionary 5G mobile network technology. We have held off on these new recommendations as we have adhered to The Trend Letter & Trend Technical Trader warnings of a global equity market pullback and/or correction. We have seen the Dow drop 4% this week, and the S&P 500 lose 3.8%, the worst declines in 2-years, so that caution was well warranted.

These recommendations will use BUY Stops, similar to those used in both The Trend Letter & Trend Technical Trader, so when you receive these recommendations, do not purchase these stocks until the stocks reach those BUY Stops.

If you are ready to make a speculative investment into these disruptive technologies and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer to give our readers the opportunity to get started at a $175 discount, meaning you pay only $525.00. To take advantage of this special offer, click here.

Stay tuned!

Crypto-logo-Vtiny-PNG

5G – the new era for mobile

As stated in our last update, we are increasing our scope to include discussion of new technologies, and those companies that benefit directly and indirectly from them.  We will cover blockchain projects, and other projects and companies that are involved with today’s game changing technologies.

One of those game changers is 5G – the 5th generation of mobile communication networks, and it looks to be revolutionary.  More than all previous network upgrades, 5G will take us to a completely NEW era in mobile technology.  New phones will be needed in order to use 5G, and here’s what’s in store:

  • more data and higher download speeds – 100 times faster than 4G
  • reliance on cloud storage, reducing the need for and use of internal memory
  • pervasive connectivity, to access the cloud from everywhere
  • latency improvements resulting in 30x the responsiveness of 4G, reducing the need for memory buffers (RAM).

Given that hardware memory needs are reduced significantly, the pricing model for 5G phones could change from being based on hardware memory needs, to being based on cloud memory needs.  The speed improvements alone should tempt us dramatically, and may lead to everyone buying new 5G phones.

We note that several companies are poised to benefit from new technologies like blockchain and 5G, as they are providers and developers of the enabling hardware, software, and firmware.  There is even more technology expansion on the horizon, and we will be zeroing in on the companies that are in the best positions to harness all this activity and innovation, generating potential great returns for investors.  We will include discussion of more emerging and expanding technologies in future editions of Crypto Trend.

Let Crypto Trend be your guide to successful investing in today’s world, where the speed of change continues to accelerate, being made possible by new and exciting technologies.

Crypto update

Another wild day in the world of crypto currencies as Coincheck, one of Japan’s largest crypto currency exchanges, was hacked and had 526 million of the crypto currency XEM ($400 m) stolen, Lon Wong, President of the NEM.io Foundation stated.

“As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn’t use them and that’s why they could have been hacked. They were very relaxed with their security measures,” Wong said.

Coincheck is looking into compensating its customers, its executives announced.

Just a note that even with all this volatility, the average return for our 5 recommendations is still 62% at the time of this writing.

As we have constantly stated, the crypto currencies are very volatile, and although they can produce massive gains, many of them may be worthless in the years ahead, much like most internet start-ups no longer exist today.

What today’s story highlights is that not all exchanges are the same, and if they do not use all the tools that blockchain provides, they are vulnerable to these kinds of attacks.

It is why we believe it is the underlying blockchain infrastructure and applications that will give subscribers to Crypto Trend Premium the best long-term gains.  Our team is actively analyzing dozens of companies, looking to identify the ones that we believe could be real winners in this game changing technology. Announcements of new recommendations will be sent out to subscribers soon.

If you are ready to make a speculative investment into these disruptive technologies, and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer open for a little longer, to give our readers the opportunity to get started at a $175 discount, meaning you pay only $525.00 . To take advantage of this special offer, click here.

Stay tuned!

Crypto-logo-Vtiny-PNG

Crypto update – January 24/18

Last week’s volatility is more proof that the crypto currency (CC) markets are indeed the “wild west” … or the “wild east”.  This volatile week was mainly a reaction to government statements and actions.  Both China and South Korea have been pondering what to do about crypto currencies for a while and last week began issuing statements that clearly indicate that they are concerned.  It doesn’t seem to matter if the government is democratic or socialist, they all want to control the money, in order to levy taxes, control markets, and stay in power.

Crypto currencies are resistant to manipulation, so China has now banned CC trading and South Korea is moving to implement strict regulations and implement proper taxation.  The CC markets reacted to these government activities by moving sharply downward.  Up until recently, South Korea and China were home to some of the largest CC exchanges in the world, and this is now changing, as many exchanges are relocating offshore.  Many clients simply use the internet to continue doing business with these same exchanges, now located offshore, but China goes even further by piling on additional internet restrictions that block access to the offshore exchanges.

From the outset, we have cautioned readers about extreme volatility in this market, while acknowledging the other side of the crypto coin – – very real opportunities to generate extreme profits.  Crypto Trend is your guide to avoid the pitfalls and zero in on the winners, remembering that all markets are volatile to a degree.  With the CC market, the degree is high, but downturns are inevitable in every market, and even “healthy” – – like a forest fire, that on first blush looks to be all devastation, but in reality provides some crucial benefits, like removing dead and decaying vegetation, stimulating new growth, and triggering some plants to release seeds. The CC marketplace is frenzied, and we have seen moves in this market that are extraordinary, with projects initiated that have no long-term future, yet they generate market values in the millions of dollars.  This is the kind of market where a guide is essential in order not to invest in deadwood projects.  This is also the kind of market where a good fire once in a while serves to rid us of the deadwood.  With a competent guide, frenzy is set aside, and useful, actionable assessments and research are provided, leading to understanding, confidence, and investment success.  There is no need to just throw a few frenzied darts at the wall – let Crypto Trend be your guide.

Crypto Trend Premium

 The volatile week had a negative impact on our portfolio, but we are still on average, up 61% for our 5 recommendations to date.

We are increasing the scope of Crypto Trend & Crypto Trend Premium to include technology companies that may not be directly involved in blockchain projects, but are positioned indirectly to benefit from the blockchain technology. In addition, we will include companies that are positioned to profit from other game changing technologies  such as 5G, which will revolutionize mobile communications.

We are currently evaluating a number of companies and hope to have more recommendations out to subscribers soon.

If you are ready to make a speculative investment into these disruptive technologies, and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer open for a little longer, to give our readers the opportunity to get started at a $175 discount, meaning you pay only $525.00 . To take advantage of this special offer, click here.

Stay tuned!

Crypto-logo-Vtiny-PNG

Crypto Update – January 19/18

A question that many readers ask is “why do we need or want crypto currency – isn’t there already enough currencies in the world?“

Understanding some of the benefits of crypto currency (CC) in a world of fiat currency helps us to see why developers came up with it in the first place, and keep coming up with more and better CC’s.  Let’s start with some of the problems with fiat currencies:

A. Governments can print as much fiat currency as they want, and throughout history there are many examples of currencies that have been inflated to death.  There are two reasons this cannot be done with crypto currencies …

   1. there is an upper limit on the amount of each coin that can ever be made.  With Bitcoin this upper limit is set at 21 million – no inflation possible here.

   2. governments do not control the issue of crypto currencies.

B. Fiat currency transactions are all centralized, and we all have to trust that our bank teller, our cheque clearing house, our currency broker etc, will do their job honestly and fairly, and at a reasonable cost.  There are several examples where this trust has been violated, and thus, the desire for something better was created.

Here is an illustrative example of a clear violation of consumer trust.  Wells Fargo, a banking giant in the USA, created about 3.5 million ghost accounts so that they could charge customers for services they did not ask for or need.  The unwary customers who did not notice the unwanted extra accounts would continue to pay the fees, trusting that their bank was taking good care of them.  It was later discovered that Wells Fargo was also signing up customers for unwanted insurance policies and again charging customers for services they did not ask for.  This is fraud on a large scale, and here is what was learned … We Cannot Trust the “Trusted” Intermediaries.

We also see that financial institutions have been making record profits for a long time, levying transaction fees that generate large profits.  It’s not hard to see the need for a new technology to enable secure, reliable, cheap, and transparent transactions without the potential for manipulation and rip-offs by governments and large financial institutions.  All of this is what blockchain technology can bring to the realm of financial transactions.

The key difference is that current systems are “centralized”, whereas blockchain is “distributed”.  What really matters is that “trust” is 100% transparent in the distributed model.  Blockchain technology is based on a distributed ledger (a distributed database). It is distributed in the sense that there are complete copies of the whole database scattered all around the world.

In today’s world, almost all financial institutions, companies, governments, and individuals keep their records in a centralized database, usually with a centralized back-up of that one database.  You only get to see the parts of that data that concern you, and you must trust that “privacy policies” are strong and that data integrity standards are high. These centralized databases can be manipulated, records can be altered, hard drives can fail, data can be lost, and the records represent only one party’s view of any given transaction.

In the world of blockchain (distributed ledger technology), the opposite is true. The transactions recorded on the ledger represent a transaction that takes place between the parties involved, and is confirmed by the blockchain network via a consensus. This is “trust” on a LARGE scale.  Once a transaction is written to the ledger, it is immutable – it cannot be changed.  The details of each transaction are visible to everyone, but the identification of the individual parties is protected by the use of private keys.  Private Key owners can identify their own transactions in the ledger, but cannot determine the identity of the parties in any other transaction. The conceptual diagram below shows the difference between a centralized, a decentralized, and a distributed network.

Vive le difference !!

Centralized vs Distributed

It wasn’t long ago that the LIBOR scandal uncovered that many of the most “trusted” financial institutions in the world were manipulating interest rates for their own benefit.  Banks like Barclays, Deutsche Bank, JPMorgan Chase, UBS, Citigroup, Bank of America, and the Royal Bank of Scotland were found to be right in the middle of these manipulations.  The corruption and violations of trust are seemingly endless. Blockchain to the rescue !!

Crypto crash!

We have called the crypto sector the “wild west” and this past week was another great example of the volatility in this space. We saw how governments are paranoid about crypto currencies, as both China and South Korea expressed plans to clamp down, or even ban crypto currency trading.

The South Korean government officials warned that crypto currencies  encourage illicit behavior, such as money laundering, tax evasion, and gambling. It also stated that it needed to protect these investors from losing their money.

South Korea is one of the largest crypto currency traders alongside the US and Japan, and the news of a ban set off panic in the South Korean crypto markets. As we can see, the bitcoin price dropped from $14,444 to $9,477 before recovering some of the losses and trading at $11,275 at the time of this writing.

Bitcoin 0119

But it turns out South Korea is still evaluating the situation and has not made a decision. It is expected to deliver a decision sometime next week.

The threat of a ban has caused quite an uproar from the masses. As of today, an online petition on the website of the presidential Blue House had drawn more than 221,000 signatures opposing the move. Heavy internet traffic briefly crashed the site.

While we welcome a proper regulated oversight, we are not of the belief that politicians and bureaucrats are better qualified to tell the people what they can or cannot do with their hard earned money.

This “wild west” show is going to remain volatile for quite a while. For those who do wish to invest in crypto currencies, this volatility just gave them another opportunity to get in at much lower prices.

If you are ready to make a speculative investment into this disruptive technology, and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer open for a little longer, to give our readers the opportunity to get started at a $175 discount. To take advantage of this special offer, click here.

Stay tuned!

Crypto-logo-Vtiny-PNG

The Wild West Crypto show continues – and our 5 picks have an average monthly gain of 109%

Here is a question that comes up often:  How do I choose which crypto currency to invest in – aren’t they all the same ?

There is no doubt that Bitcoin has captured the lion’s share of the crypto currency (CC) market, and that is largely due to its FAME.  This phenomenon is much like what is happening in national politics around the world, where a candidate captures the majority of votes based on FAME, rather than any proven abilities or qualifications to govern a nation.  At Crypto Trend we acknowledge Bitcoin’s FAME, which in many ways is well earned.  Bitcoin is the pioneer in this market space and continues to garner almost all of the market headlines.  This FAME does not mean that it is perfect for the job, and it is fairly well known that Bitcoin has limitations and problems that need to be resolved, however, there is disagreement in the Bitcoin world on how best to resolve the problems.  As the problems fester, there is ongoing opportunity for developers to initiate new coins that address particular situations, and thus distinguish themselves from the approximately 1300 other coins in this market space. Let’s look at two Bitcoin rivals and explore how they differ from Bitcoin, and from each other:

Ethereum (ETH) – The Ethereum coin is known as ETHER.  The main difference from Bitcoin is that Ethereum uses “smart contracts” which are account holding objects on the Ethereum blockchain.  Smart Contracts are defined by their creators and they can interact with other contracts, make decisions, store data, and send ETHER to others.  The execution and services they offer are provided by the Ethereum network, all of which is beyond what the Bitcoin or any other blockchain network can do.  Smart Contracts can act as your autonomous agent, obeying your instructions and rules for spending currency and initiating other transactions on the Ethereum network.

Ripple (XRP) – This coin and the Ripple network also have unique features that make it much more than just a digital currency like Bitcoin.  Ripple has developed the Ripple Transaction Protocol (RTXP), a powerful financial tool that allows exchanges on the Ripple network to transfer funds quickly and efficiently. The basic idea is to place money in “gateways” where only those who know the password can unlock the funds.  For financial institutions this opens up huge possibilities, as it simplifies cross-border payments, reduces costs, and provides transparency and security.  This is all done with creative and intelligent use of blockchain technology.

At Crypto Trend we strive to provide you with up to date and useful information in the quest to understand this new world of crypto currencies.  The mainstream media is covering this market with breaking news stories almost every day, however, there is little depth to their stories … they are mostly just dramatic headlines.

The Wild West Crypto show continues…

The 5 stocks crypto/blockchain picks are up an average of 109% since December 11/17. The wild swings continue with daily gyrations. Yesterday we had South Korea and China the latest to try to shoot down the boom in cryptocurrencies.

On Thursday, South Korea’s justice minister, Park Sang-ki, sent global bitcoin prices temporarily plummeting and virtual coin markets into turmoil when he reportedly said regulators were preparing legislation to ban cryptocurrency trading. Later that same day, the South Korea Ministry of Strategy and Finance, one of the main member agencies of the South Korean government’s cryptocurrency regulation task force, came out and said that their department  does not agree with the premature statement of the Ministry of Justice about a potential cryptocurrency trading ban.

While the South Korean government says cryptocurrency trading is nothing more than gambling, and they are worried that the industry will leave many citizens in the poor house, their real concern is a loss of tax revenue. This is the same concern every government has.

China has grown into one of the world’s biggest sources of cryptocurrency mining, but now the government is rumoured to be looking into regulating the electric power used by the mining computers. Over 80% of the electrical power to mine Bitcoin today comes from China. By shutting down miners, the government would make it harder for Bitcoin users to verify transactions. Mining operations will move to other places, but China is particularly attractive due to very low electricity and land costs. If China follows through with this threat, there will be a temporary loss of mining capacity, which would result in Bitcoin users seeing longer timers and higher costs for transaction verification.

This wild ride will continue, and much like the internet boom, we will see some big winners, and eventually, some big losers. Also, similar to the internet boom, or the uranium boom, it is those who get in early who will prosper, while the mass investors always show up at the end, buying in at the top.

If you would like to step into this wild, but potentially very profitable sector, our Early Bird Special Offer is still available. We offer you Crypto TREND Premium at $175 off the regular rate of $699.95, so you pay only $525.00.

Click here to take advantage of this offer.

Stay Tuned!

Stay Tuned!

Crypto-logo-Vtiny-PNG

Getting started with crypto

Investing in the Crypto Currency market space can be a little daunting for the traditional investor, as investing directly in Crypto Currency (CC) requires the use of new tools and adopting some new concepts.  At Crypto Trend we will continue to provide information and guidance, so if you do decide to dip your toes in this market, you will have a very good idea of what to do and what to expect.

Buying and selling CC’s requires you to choose an Exchange that deals in the products you want to buy and sell, be they Bitcoin, Litecoin, or any of the over 1300 other tokens in play. In previous editions we have briefly described the products and services available at a few exchanges, to give you an idea of the different offerings.  There are many Exchanges to choose from and they all do things in their own way.  Look for the things that matter to you, for example:

– Deposit policies, methods, and costs of each method
– Withdrawal policies and costs
– Which fiat currencies they deal in for deposits and withdrawals
– Products they deal in, such as crypto coins, gold, silver etc
– Costs for transactions
– where is this Exchange based ?? ( USA / UK / South Korea / Japan … )

Be prepared for the Exchange setup procedure to be detailed and lengthy, as the Exchanges generally want to know a lot about you.  It is akin to setting up a new bank account, as the Exchanges are brokers of valuables, and they want to be sure that you are who you say you are, and that you are a trustworthy person to deal with. It seems that “trust’ is earned over time, as the Exchanges typically allow only small investment amounts to begin with.

Your Exchange will keep your CC’s in storage for you.  Many offer “cold storage” which simply means that your coins are kept “offline” until you indicate that you want to do something with them.  There are quite a few news stories of Exchanges being hacked, and many coins stolen.  Think about your coins being in something like a bank account at the Exchange, but remember that your coins are digital only, and that all blockchain transactions are irreversible.  Unlike your bank, these Exchanges do not have deposit insurance, so be aware that hackers are always out there trying everything they can to get at your Crypto Coins and steal them.  Exchanges generally offer Password protected accounts, and many offer 2-factor authorization schemes – something to seriously consider in order to protect your account from hackers.

Given that hackers love to prey on Exchanges and your account, we always recommend that you use a digital wallet for your coins.  It is relatively easy to move coins between your Exchange account and your wallet.  Be sure to choose a wallet that handles all the coins you want to be buying and selling.  Your wallet is also the device you use to “spend” your coins with the merchants who accept CC’s for payment.  The two types of wallets are “hot” and “cold”.  Hot wallets are very easy to use but they leave your coins exposed to the internet, but only on your computer, not the Exchange server.  Cold wallets use offline storage mediums, such as specialized hardware memory sticks and simple hard copy printouts.  Using a cold wallet makes transactions more complicated, but they are the safest.

Your wallet contains the “private” key that authorizes all the transactions you want to initiate.  You also have a “public” key that is shared on the network so that all users can identify your account when involved in a transaction with you.  When hackers get your private key, they can move your coins anywhere they want, and it is irreversible.

Despite all the challenges and wild volatility,  we are confident that the underlying blockchain technology is a game changer, and will revolutionize how transactions are conducted going forward.

If you are ready to make a speculative investment into this disruptive technology, and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer open for a little longer, to give our readers the opportunity to get started at a $175 discount. To take advantage of this special offer, click here.
Stay tuned!

Crypto-logo-Vtiny-PNG

Crypto Update – January 2/18

Yesterday we issued our 6th crypto/blockchain recommendation to subscribers of Crypto TREND Premium. There are currently 1,387 crypto currencies, so it is indeed challenging selecting which ones to purchase. At the time of this writing, the five recommendations we have made to date are up an average of 92% in less than a month. With so many cryptos now available, Crypto TREND and Crypto TREND Premium are your guides to explore this crypto jungle and to recognize which are the ones with the biggest upside potential.

By selecting each of the six recommendations we have made to date, subscribers can begin creating a nice small crypto portfolio. This sector reminds us of the DOT COM bull run where hundreds of companies included DOT COM in their name. Same story with the uranium bull market, where we saw tons of companies that owned nothing but “moose pastures” renaming themselves by adding “uranium” to their name. We are seeing similar actions today where companies are adding “Crypto” or “Blockchain” to the their name. Recently, Long Island Ice Tea changed their name to Long Blockchain Corp, believe it or not.

When researching the crypto and blockchain world, understand that many of the people writing about cryptos are often very biased and have their own agendas. Many are holding certain tokens and are doing their best to promote that currency and talk down others. Sifting through all this material and finding the diamonds in the rough is what the Crypto TREND team does.

As with the uranium bull market, there will be many players trying to make a quick hit with a new crypto currency or blockchain application, but in the end, only the ones that are true disruptors, ones that will change the way we do business, will survive. We are looking for companies that have a clear plan to make a difference, such as companies that are using blockchain to solve global challenges, to make transactions cheaper, faster, and more secure for businesses and the general public.

The Crypto TREND team will continue to provide in-depth research and our Crypto TREND Premium will turn that research and analysis into recommendations that we feel will come out on top as this “wild west” sector becomes more mainstream. For investors there is always at least one big barrier to entering a new bull market, and these barriers give the early investors the opportunity to make potential massive gains. While we believe that crypto currencies and blockchain technology are real game changers, possibly on a par with how the internet changed our world, there are numerous obstacles that will likely keep this sector incredibly volatile in these early days.

First, for the average investor, trying to understand blockchain technology tends to cause a painful brain cramp. While almost all investors use debit and credit cards daily, virtually none of these users have any real understanding of the technology of how these transactions work. The key is that they “trust” it to work perfectly. With blockchain technology, even though virtually every bank and government is looking to use this technology, most investors do not yet “trust” it.

Another barrier for crypto is that it is a convoluted process to get started as an investor. Most exchanges that accept credit or debit deposits only allow very small limits until you have completed a number of successful transactions, making the initial accumulation of tokens quite slow and cumbersome. Also, the concept of setting up a digital wallet is a whole new mindset that many find quite challenging.

And then there is the risk that governments will try to outlaw crypto currencies. While we initially felt that the threat of crypto currencies was far too great for governments to allow to succeed, the more they become mainstream the more difficult it becomes for governments to shut them down. With government so heavily indebted, and hungry to tax every transaction they can get their hands on, this threat is still valid. It is quite interesting to note that ever since China and South Korea threatened to clamp down on bitcoin, it rallied to new highs.

As noted earlier, Crypto TREND Premium has just made its 6th recommendation. If you are ready to make a speculative investment into this disruptive technology, and want to receive all current and future recommendations from Crypto TREND Premium, we are keeping our Early Bird Special offer open for a little longer, to give our readers the opportunity to get started at a $175 discount. To take advantage of this special offer, CLICK HERE.

Crypto-logo-Vtiny-PNG

Update – December 23/17

There is ample evidence that crypto coins are on a wild ride, so what is the prudent investor to do? At Crypto Trend we are market contrarians, meaning that when the mob moves left, we think it’s time to move right, but we also suggest having an exit strategy to limit risks and losses.

Lately, almost all Crypto Coin (CC) prices have taken a hit …

Bitcoin – down over 22%   Ethereum – down 32%   Litecoin – down 30%

This level of volatility is not uncommon, as digital currencies have seen multiple violent corrections.  Although painful in the short term, downturns are expected in this market, but it does not keep CC’s down for long.  Remember that Bitcoin broke the $19,000 USD mark in December.

This latest sell-off has a few causes, including …

–          the abrupt introduction of Bitcoin Cash to the Coinbase Exchange

–          allegations of insider trading at the Coinbase Exchange

–          the hack of Youbit, the South Korean Exchange

–          the inventor of Litecoin, Charlie Lee, divesting all his Litecoin

At Crypto Trend we are confident that the digital currency market is here to stay.  Crypto Trend is here because this is a maturing market, not a dying one. As with all investments it is important to take gains when they are available, putting some money back in your pocket when profits are at hand, while keeping some invested for future profits.  To track CC prices, we find this to be a useful website:   http://cryptotrend.io/#/

Just remember that CC prices change quickly and frequently – we’re talking about every few minutes, so this is an extremely “dynamic” market space.

Following the lead by the CBOE (Chicago Board Options Exchange), the CME (Chicago Mercantile Exchange) started selling Bitcoin Futures early this week, expanding the ability of large institutional and professional investors to get in on the Bitcoin frenzy within the walls of a regulated exchange.  Trading was mixed to start, however, these activities, plus the myriad of crypto currency news stories, pushed the price of Bitcoin to almost $20,000 USD, which has corrected over the last few days by about 25%.  Now the CBOE has applied to the SEC to launch 6 Bitcoin based ETF’s.  For the smaller retail investor, E*Trade has just announced that it will list CBOE futures.  Other exchanges, such as TD Ameritrade and ALLY Financial both list Bitcoin futures.  This all contributes to the evidence that crypto currencies are moving rapidly toward the mainstream, and provides strong indications that CC’s will be with us for a long time.

You no doubt have noticed the mainstream media has suddenly become obsessed with all things “crypto.” But unfortunately, like most things the mainstream media covers, they really have no understanding of what they’re talking about.  Not even a week ago these folks were trumpeting the record highs in Bitcoin, forecasting prices were heading to the moon, but today, their headlines are proclaiming the “end of the crypto bubble.”

The problem with the mainstream media is they fail to grasp that these wild swings are normal in this “wild west” sector. We saw last week how Long Island Ice Tea changed its name to Long Island Blockchain.  This is a new mania, similar to what we saw in the DOT COM bull market, where everyone changed their name to give the appearance of a tech company. Today, we are seeing companies include “Crypto” or “Blockchain” in their name.

We will continue to keep you updated!

Crypto TREND Premium

 In less than two weeks, our Crypto TREND Premium service if off to a great start. The five recommendations are up an average of 54.8%, with the best performer up 121%, and the worst down 9.7%. The other three had gains of 57%, 55%, and 51%. And that is in just 12 days!!

While it’s possible this crypto bubble is about to pop and the boom could end any time, as noted above, we believe that this is a maturing market, and that Blockchain is a disruptive technology, one that will change the way business is conducted, simiilar to how the internet changed our lives.

The wild moves in the past month, and last week’s decline, are well within normal range in this frenzied sector.  If you believe like we do, that crypto and especially the blockchain technology have the potential to be global game changers, and you are interested in speculating on cryptocurrencies, then this recent correction is giving you a great opportunity to buy in at lower prices.

We have a number of cryptos and stocks in our cross-hairs, and will be pulling the trigger on them soon.

If you are ready to dip your toe into this sector, you really want to subscribe to our Crypto TREND – Premium service to be your guide in this new and exciting market.  We are currently offering a 25% Early Bird discount off the regular price of $699.95, meaning you pay only $525.00.

If you do decide to get on board in this sector, understand that more than any other sector, investing here will be only for your most speculative capital, money that you can afford to lose.

It is going to be a wild ride, and if you want to climb on board, Click Here.

 Stay Tuned!!