Monday, October 18, 2021

🐕 KishuBTC 💸 | Low 25K Marketcap Gem | Daily Lotteries | Daily Burns | Limited Halloween NFTS Coming Soon | ⚙️ $BTC rewards

What is $KishuBTC?

KishuBTC is a multi-utility community token that rewards its holders Bitcoin ($BTC) dividends for holding. Buybacks, Daily Burns, Daily Lotteries and soon to come NFTs!

Phase 2 of our Roadmap is about to begin and we plan to list on CMC and CG as soon as possible. We will be releasing Dog Tag NFTs that will have usecases like Bonus Rewards and access to 0% Tax. We plan on expanding KishuBTC all over Social Media and Communities all around the World.

⚙️Tokenomics: 5% Liquidity, 3% $BTC Rewards for all holders, 5% for Marketing & Buy-Backs

Current tax is 13% (0% Tax Events to be Announced)

⚙️ $BTC rewards

🔥 Low Market Cap Gem 🔥

- 7.5% Daily Lottery Wallet

- 5% Daily Burn Wallet

🔐 Liquidity Locked VIA Pinksale for 1 Month

Pinksale: https://www.pinksale.finance/#/launchpad/0x25d4375d2B903D68171f23bCAdfd31E249385E7f?chain=BSC

Contract Address: 0x2632b6A9e29761B5F1B0c8B9b5b311e1AB0959e4

-Social Media-

🔵 Telegram u/KishuBTC

🌐 Website: https://www.kishubtc.com/

🐦 Twitter: https://twitter.com/KishuBTC


The job hunt begins again.

So....at this point, I'm over panicking over the fact that I spent my Bitcoin BECAUSE it wasn't a one-off event. Every opportunity to regain what I had spent, and I had many, I had squandered. I had no control over it. I never even looked at it from an "investing" standpoint. I just really love cryptography. I had 1.44 BTC that I spent in April of 2020 because I was going CRAZY from stress from being in this freaking apartment all day. It's really tough to be where you live all day, every day, each day of your life. And no, being on campus is not the solution. I hate being on campus. The students are very overwhelming for me.

The isolation aspects of COVID have been a blessing for me. Back when I used to drive from 2007 to 2011, my father had once told me "Don't drive just for the sake of driving!" He told me a lot of strange reprimands. Well, my ideal work environment is not working for home. It's not working in an office, either. It's working "on the go." You know, like those developers at Starbucks. I don't want to be what people call a "digital nomad."

From time to time since moving into this apartment in 2019, I've used up all my energy searching for jobs. I just started again and I feel like I have a good chance at this one place, but I had to consent to a background check applying. I have a rap sheet. I'll still be on probation for another 10 months.

I think even worse than being where you live all day, every day, each day of your life is being where you live all day, every day, each day of your life with no way out of it for the foreseeable future. Because of that, I have extreme anxiety and fatigue. My mother takes me for drives nearly every day, which I don't see to be normal. Often, when my mother shows up to my apartment, I am very stressed. All this messes with my judgment.

While I can't work in my ideal work environment right now, I can take an office job until I can work in my ideal work environment. An office job would be K-12 all over again for me. School was really difficult for me. I even got kicked out when I was in fourth grade. When people hear that school wasn't easy for me, they assume that I was made fun of. I was, but I never talk about that because there were things about school that were far worse for me than being made fun of. I've just never done well with organized things and authority.


Why MATIC needs Ethereum to pump, now more than ever

A large number of coins followed in the footsteps of Bitcoin and joined yesterday. However, when the real coin price took a break and started to “cool down” around $ 62k, most of the highs took a step back.

However, MATIC remained the only alternative [apart from NU] of the top 100 that continued to reflect two-digit 24-hour appreciation numbers even as of this writing.

After witnessing its own part of consolidation in recent months, MATIC finally changed its "consolidation" narrative yesterday by recording a massive green candle on its price chart. After opening at $ 1.2 on Friday, MATIC managed to close around $ 1.6, a level last seen on September 7.

The Ethereum-MATIC link

MATIC has followed in the footsteps of Ethereum during most of the uptrend / downtrend phases. Consider this: In May, when Ethereum was creating new highs on a daily basis, MATIC rallied 350% [from $ 0.6 to over $ 2.7] in just two weeks. In particular, during that same period, Bitcoin was trending down on its price chart.

However, Ethereum development has managed to notice an increase of less than 1% during the last day. Therefore, it can be argued that the relationship that MATIC shares with ETH is gradually fading.

Although the aforementioned argument may seem true for now, it should be noted that it will not hold up in the long run.

The X factor

MATIC's recent listing on the South Korean exchange Upbit managed to trigger the alt surge this time around. In the last 24 hours, MATIC recorded a trading volume of $ 1,870,086,050 - equivalent to 28.73% of the total volume of the exchange.

The tokens are not listed on the daily exchange. But whenever they are, they end up feeding the price of any asset. Therefore, without this event, the price of MATIC would not have been able to take such high steps in such a short time.

Eventually, accumulated withdrawal transactions [from exchanges] yesterday hit a 4-month high and the reading for this metric topped 13k. For context, an increase in withdrawal transactions implies that the accumulation trend is in play, while a fall indicates the opposite.

However, the increase was short-lived and the aforementioned level could not be sustained for long. The attached chart below clearly highlights how the transaction count witnessed a free fall. In fact, at the time of this writing, the same had returned to its 6-month lows.

Fundamentals

However, the divergence of DAA prices has been increasing lately. According to Santiment's chart, it has been projecting a strong bullish signal since the end of last month.

This model, as such, tracks the relationship between the price of the coin and the number of daily active addresses that interact with the coin. A buy signal is indicated with the DAA divergence increases along with the price. On the contrary, when active addresses decline during a price rise phase, selling pressure is induced.

MATIC being able to maintain its bullish streak on this chart, only indicates the healthy state of the active directions. Indeed, the environment is quite favorable to sustain the MATIC rally.

Note

The Upbit hype would eventually fade over time, but the fundamentals of the token and its relationship with Ethereum would continue to have a commanding impact on its price.

Therefore, if Ethereum development recovers from this point, the price of MATIC can be expected to move in tandem. The ripple effect of the same would see currency withdrawals record another rally and the build-up narrative would again gain traction.

However, if that doesn't happen, MATIC's price increase phase could end up being momentary.


Why MATIC needs Ethereum to pump, now more than ever

A large number of coins followed in the footsteps of Bitcoin and joined yesterday. However, when the real coin price took a break and started to “cool down” around $ 62k, most of the highs took a step back.

However, MATIC remained the only alternative [apart from NU] of the top 100 that continued to reflect two-digit 24-hour appreciation numbers even as of this writing.

After witnessing its own part of consolidation in recent months, MATIC finally changed its "consolidation" narrative yesterday by recording a massive green candle on its price chart. After opening at $ 1.2 on Friday, MATIC managed to close around $ 1.6, a level last seen on September 7.

The Ethereum-MATIC link

MATIC has followed in the footsteps of Ethereum during most of the uptrend / downtrend phases. Consider this: In May, when Ethereum was creating new highs on a daily basis, MATIC rallied 350% [from $ 0.6 to over $ 2.7] in just two weeks. In particular, during that same period, Bitcoin was trending down on its price chart.

However, Ethereum development has managed to notice an increase of less than 1% during the last day. Therefore, it can be argued that the relationship that MATIC shares with ETH is gradually fading.

Although the aforementioned argument may seem true for now, it should be noted that it will not hold up in the long run.

The X factor

MATIC's recent listing on the South Korean exchange Upbit managed to trigger the alt surge this time around. In the last 24 hours, MATIC recorded a trading volume of $ 1,870,086,050 - equivalent to 28.73% of the total volume of the exchange.

The tokens are not listed on the daily exchange. But whenever they are, they end up feeding the price of any asset. Therefore, without this event, the price of MATIC would not have been able to take such high steps in such a short time.

Eventually, accumulated withdrawal transactions [from exchanges] yesterday hit a 4-month high and the reading for this metric topped 13k. For context, an increase in withdrawal transactions implies that the accumulation trend is in play, while a fall indicates the opposite.

However, the increase was short-lived and the aforementioned level could not be sustained for long. The attached chart below clearly highlights how the transaction count witnessed a free fall. In fact, at the time of this writing, the same had returned to its 6-month lows.

Fundamentals

However, the divergence of DAA prices has been increasing lately. According to Santiment's chart, it has been projecting a strong bullish signal since the end of last month.

This model, as such, tracks the relationship between the price of the coin and the number of daily active addresses that interact with the coin. A buy signal is indicated with the DAA divergence increases along with the price. On the contrary, when active addresses decline during a price rise phase, selling pressure is induced.

MATIC being able to maintain its bullish streak on this chart, only indicates the healthy state of the active directions. Indeed, the environment is quite favorable to sustain the MATIC rally.

Note

The Upbit hype would eventually fade over time, but the fundamentals of the token and its relationship with Ethereum would continue to have a commanding impact on its price.

Therefore, if Ethereum development recovers from this point, the price of MATIC can be expected to move in tandem. The ripple effect of the same would see currency withdrawals record another rally and the build-up narrative would again gain traction.

However, if that doesn't happen, MATIC's price increase phase could end up being momentary.


Why MATIC needs Ethereum to pump, now more than ever

A large number of coins followed in the footsteps of Bitcoin and joined yesterday. However, when the real coin price took a break and started to “cool down” around $ 62k, most of the highs took a step back.

However, MATIC remained the only alternative [apart from NU] of the top 100 that continued to reflect two-digit 24-hour appreciation numbers even as of this writing.

After witnessing its own part of consolidation in recent months, MATIC finally changed its "consolidation" narrative yesterday by recording a massive green candle on its price chart. After opening at $ 1.2 on Friday, MATIC managed to close around $ 1.6, a level last seen on September 7.

The Ethereum-MATIC link

MATIC has followed in the footsteps of Ethereum during most of the uptrend / downtrend phases. Consider this: In May, when Ethereum was creating new highs on a daily basis, MATIC rallied 350% [from $ 0.6 to over $ 2.7] in just two weeks. In particular, during that same period, Bitcoin was trending down on its price chart.

However, Ethereum development has managed to notice an increase of less than 1% during the last day. Therefore, it can be argued that the relationship that MATIC shares with ETH is gradually fading.

Although the aforementioned argument may seem true for now, it should be noted that it will not hold up in the long run.

The X factor

MATIC's recent listing on the South Korean exchange Upbit managed to trigger the alt surge this time around. In the last 24 hours, MATIC recorded a trading volume of $ 1,870,086,050 - equivalent to 28.73% of the total volume of the exchange.

The tokens are not listed on the daily exchange. But whenever they are, they end up feeding the price of any asset. Therefore, without this event, the price of MATIC would not have been able to take such high steps in such a short time.

Eventually, accumulated withdrawal transactions [from exchanges] yesterday hit a 4-month high and the reading for this metric topped 13k. For context, an increase in withdrawal transactions implies that the accumulation trend is in play, while a fall indicates the opposite.

However, the increase was short-lived and the aforementioned level could not be sustained for long. The attached chart below clearly highlights how the transaction count witnessed a free fall. In fact, at the time of this writing, the same had returned to its 6-month lows.

Fundamentals

However, the divergence of DAA prices has been increasing lately. According to Santiment's chart, it has been projecting a strong bullish signal since the end of last month.

This model, as such, tracks the relationship between the price of the coin and the number of daily active addresses that interact with the coin. A buy signal is indicated with the DAA divergence increases along with the price. On the contrary, when active addresses decline during a price rise phase, selling pressure is induced.

MATIC being able to maintain its bullish streak on this chart, only indicates the healthy state of the active directions. Indeed, the environment is quite favorable to sustain the MATIC rally.

Note

The Upbit hype would eventually fade over time, but the fundamentals of the token and its relationship with Ethereum would continue to have a commanding impact on its price.

Therefore, if Ethereum development recovers from this point, the price of MATIC can be expected to move in tandem. The ripple effect of the same would see currency withdrawals record another rally and the build-up narrative would again gain traction.

However, if that doesn't happen, MATIC's price increase phase could end up being momentary.


Bearish post in a bullish phase. Advice worth considering.

Dear Hodlers,

Bearish post in a bullish phase. I'm expecting downvotes, but I am happy to have them if it means I can give wisdom to 1 or 2 people. In this post, I wanted to list a few things to be mindful of when entering what could be one of the craziest weeks of price action we have seen in a few years.

I want to preface my points by saying, I have been, and still am, a HODLER of BTC and other cryptos for many years and have also been burnt in the past and seen significant portfolios dwindle because I didn't take profits when so many fundamentals were screaming at me to do so. I'm not a professional. However, I have a strong passion for trading and love all Bitcoin, and the broader crypto community is looking to achieve.

Here are my thoughts moving forward:

  1. Buy the hype, sell the news. Coinbase listing & futures. These two events have been equally as significant as the recent news of a US Futures Bitcoin ETF, which is looking likely to go ahead this coming week. When previously mentioned events occurred, the price has often risen the weeks prior (buying into the hype) and crashed the day or days later after the news hits and is confirmed.
  2. As Warren Buffett said, "Be fearful when others are greedy". It takes one search of Bitcoin on YouTube to see the sheer number of green arrows, bulls, and shocked faces at present to action/consider this advice. More so, the BTC fear/greed index is at a point where rejection/price correction has occurred seven times over the last year. See the following link: https://ibb.co/Fwz5fRk. I've overlayed the one-year BTC price and the fear greed index. The white lines represent times the price hasn't blown through this point and instead rebounded or consolidated, resulting in a decent drop in price (>15%).
  3. Bitcoin IS overbought from a technical analysis view. I think that's pretty clear to everyone. Most indicators have been screaming for a reversal. We all know that BTC ignores indicators in true euphoric bull runs and respects them when simply rising in price, reversing close to when it should. At this stage, Bitcoin keeps being bitcoin and is going against all the bears claiming 20K incoming.
  4. Nothing is linear. Price has been too euphoric. Bitcoin and all assets like to retrace. It's essential for the longevity of a bull run. Since the 25th of September, the price hasn't retraced >~7% from high to low. It's relatively uncommon, especially with the greater than average volume we have seen since this date.
  5. Finally, Evergrande. As much as we like to think that BTC isn't tied to traditional markets, it is. I'm not going to lecture you about what's happening. If you don't know what I mean by simply stating, Evergrande, google it and read. It hasn't gone away and isn't any time soon. It could heavily impact this euphoric run we are experiencing if the broader traditional market were to tank.

As much as I'd love to give you the pipedream that we're going to surpass ATH and go the moon from here, I've been led by my emotions so many times in times like this and wanted to give (what I hope) are some wise words of advice.

Stay safe out there, family <3


Sunday, October 17, 2021

Why MATIC needs Ethereum to pump, now more than ever

A large number of coins followed in the footsteps of Bitcoin and joined yesterday. However, when the real coin price took a break and started to “cool down” around $ 62k, most of the highs took a step back.

However, MATIC remained the only alternative [apart from NU] of the top 100 that continued to reflect two-digit 24-hour appreciation numbers even as of this writing.

After witnessing its own part of consolidation in recent months, MATIC finally changed its "consolidation" narrative yesterday by recording a massive green candle on its price chart. After opening at $ 1.2 on Friday, MATIC managed to close around $ 1.6, a level last seen on September 7.

The Ethereum-MATIC link

MATIC has followed in the footsteps of Ethereum during most of the uptrend / downtrend phases. Consider this: In May, when Ethereum was creating new highs on a daily basis, MATIC rallied 350% [from $ 0.6 to over $ 2.7] in just two weeks. In particular, during that same period, Bitcoin was trending down on its price chart.

However, Ethereum development has managed to notice an increase of less than 1% during the last day. Therefore, it can be argued that the relationship that MATIC shares with ETH is gradually fading.

Although the aforementioned argument may seem true for now, it should be noted that it will not hold up in the long run.

The X factor

MATIC's recent listing on the South Korean exchange Upbit managed to trigger the alt surge this time around. In the last 24 hours, MATIC recorded a trading volume of $ 1,870,086,050 - equivalent to 28.73% of the total volume of the exchange.

The tokens are not listed on the daily exchange. But whenever they are, they end up feeding the price of any asset. Therefore, without this event, the price of MATIC would not have been able to take such high steps in such a short time.

Eventually, accumulated withdrawal transactions [from exchanges] yesterday hit a 4-month high and the reading for this metric topped 13k. For context, an increase in withdrawal transactions implies that the accumulation trend is in play, while a fall indicates the opposite.

However, the increase was short-lived and the aforementioned level could not be sustained for long. The attached chart below clearly highlights how the transaction count witnessed a free fall. In fact, at the time of this writing, the same had returned to its 6-month lows.

Fundamentals

However, the divergence of DAA prices has been increasing lately. According to Santiment's chart, it has been projecting a strong bullish signal since the end of last month.

This model, as such, tracks the relationship between the price of the coin and the number of daily active addresses that interact with the coin. A buy signal is indicated with the DAA divergence increases along with the price. On the contrary, when active addresses decline during a price rise phase, selling pressure is induced.

MATIC being able to maintain its bullish streak on this chart, only indicates the healthy state of the active directions. Indeed, the environment is quite favorable to sustain the MATIC rally.

Note

The Upbit hype would eventually fade over time, but the fundamentals of the token and its relationship with Ethereum would continue to have a commanding impact on its price.

Therefore, if Ethereum development recovers from this point, the price of MATIC can be expected to move in tandem. The ripple effect of the same would see currency withdrawals record another rally and the build-up narrative would again gain traction.

However, if that doesn't happen, MATIC's price increase phase could end up being momentary.