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Quantum computers put the crypto industry at risk

“Quantum computing takes advantage of the strange ability of subatomic particles to exist in more than one state at any time. Due to the way the tiniest of particles behave, operations can be done much more quickly and use less energy than classical computers” — BEALL, A (2018)

That was the description given by Beall, A on its article titled “What are quantum computers and how do they work?”. The author states that the next generation of supercomputers will solve the most difficult problems, br

Understanding inflationary and deflationary effects of coin supply

At least once in your life, you listen to the effects of inflation and deflation in the world’s economy… now, did you know that those two concepts have also a key role in crypto-economics?

The supply of a coin is a factor many forget during the analysis of long-term prices. A coin could experience deflation when it has a fixed supply and inflation when the amount of produced coins is infinite. Which one is better? Well, there is still a lot of debate in the crypto space. The whole analogy betwe

Using the “Fear&Greed Index” as a tool for crypto investments

The Alternative.me Index summarises investors’ sentiment towards the cryptocurrency market by using one simple value. The tool is used alongside BTC technical analysis to predict a change in medium-term momentum.

By using 2021 as a case study, it is clear that a correlation exists between the two.

On February 21 2021, Bitcoin closed above the $57K mark and the day following the Fear & Greed Index indicated an extreme point of greed, reaching 94.

Between May 2021 and July 2021, BTCUSD witnesse

Building a Profitable Portfolio

Having a diversified portfolio is not only for stock market traders, every investor should manage portfolio theories! A proper understanding of coin categorization will help you to create a diversified portfolio. Balancing the risk is an important part of the game and investors must know how to limit their losses in such a volatile market.

Many investors commit the mistake of having 70% or even 80% of their funds invested in small-caps cryptocurrencies, without taking into account that those ar

Blame the endowment effect

Are you finding yourself emotionally attached to all your trades? Do you usually tend to move stop-losses because you trust too much in your position? Do you tend to be greedy while you are trading your favorite pairs? … Watch out, you may be already under the endowment effect.

Kahneman, D in his paper titled “The endowment effect, loss aversion, and status quo bias” for the Journal of Economic Perspectives, described the effect in the following manner:

“The endowment bias occurs when we overv

Do you really understand the driving forces behind XRP’s price action?

Do you really understand the driving forces behind XRP’s price action?

First and foremost, readers should have clarified the concept of circulating supply. Binance Academy describes the term in the following way:

“The term circulating supply refers to the number of cryptocurrency coins or tokens that are publicly available and circulating in the market. The circulating supply refers to the coins that are accessible to the public and should not be confused with the total supply or max supply”.

Real Estate investments powered by Blockchain tech is now a reality

If you don’t know where Liechtenstein is, I encourage you to start researching about it, as this country is leading the industry of tokenized real estate products.

The 25km-long territory has officially approved real estate tokens, being the first EU country in taking an initiative of this kind. Liechtenstein’s financial center has cherished the approval, opening the door for more blockchain innovations to come.

Crowdlitoken was the center of all the headlines as the Liechtenstein Financial Ma

Tech Hype Cycle: Bitcoin entering the “Slope Of Enlightenment”

According to many analysts in the crypto space, Bitcoin may be officially entering the “Slope Of Enlightenment”. The slope is one of the stages of a tech cycle created by the leading research and advisory company, Gartner. The Gartner Hype Cycle is described by the company as

“a methodology gives you a view of how a technology or application will evolve over time, providing a sound source of insight to manage its deployment within the context of your specific business goals. The cycle provides

DeFi, Metaverse and NFTs technical breakdowns

Articles featured on Cryptonary

What is the best performing asset of 2019?

So far, 2019 has belonged to the bulls. Many of the worlds most significant financial assets have earned more than double-digit percentage returns, and they don’t look like they are done yet.

Amongst the best performing “traditional vehicles” this year we have: NASDAQ (up 23.14%), S&P (20.81%), Dow (US30) (17.83%), Gold (5.47%) and DAX (19.53%). On the 1st of May 2019, The benchmark S&P 500 index registered the highest gain in a decade. But, are the S&P and NASDAQ the best place to have massive

Case Study: Is Bitcoin surging faster than the 2017 bull-run?

To see the true potential of the current BTC bull run, you need to compare it with the previous 2017 bull run. It took 91 days for Bitcoin to increase from $4.000 to $8.000 in 2017, while in 2019, it only took it 44 days. Noting the differences in both years, it very much looks as if the 2019 bullish momentum is stronger. From the 12th of August 2017 to the 8th of November 2017, BTC increased $4.000. The corresponding price action was gained this year from the 1st of April to the 13th of May (th

Is Bitcoin’s volatility going down?

Over time, Bitcoin’s volatility has been a rollercoaster. Back in 2012, BTC price would surge more than 50% in each spike. Similarly, between 2012 and 2013, BTC rate kept moving at around 30% in every bull run. However, from 2014 onwards, the situation has changed.

Currently, BTC tends to surge and decline between 4% and 10% when the volume is high, while it moves between 2% and 5% when the volume is significantly low.

Why is volatility decreasing? One hypothesis is adoption. Many analysts are

BNB Technical Analysis – Price At Historically Significant Zone

BNBUSD is at the top of our watch list this week as the pair is reaching a key liquidity region. Will the bulls find this level attractive and place their buy orders to reverse the current bearish avalanche.

The historically significant zone, highlighted in blue also confluences with the Golden Fibonacci Zone. Any bounce between the 61.8 and the 78.6% could be a good entry point for a long-term trade. Both blue lines are key to understand the order flow of the pair, in order words, the $13-17 l

TRX Technical Analysis – Major Support Must Hold

TRX has been one of the biggest losers in Q3, with its value down over 60% since the end of June. At the time of writing TRX is trading at $0.013 USD The 14th coin by market cap has not only been losing market cap but volume as well (From $772m in June to $616m this week).

Tron’s 7 day high was $0.018 (on Sept. 16th) from that point onwards, TRX has recovered its bearish momentum. We project that TRXUSD could easily reach the $0.011 support, as the current zone has not held.

The next demand zo

VeChain Technical Analysis – Accumulation Phase Continues

Vechain, the 28th ranked cryptocurrency by market cap is one of the most prominent projects in the crypto commercial sector. With a current capitalisation of $400M, VET is down 51.94% since its launch and down 74% since it’s all-time highs at $0.018.

Founded in 2015, the project is focused on enhancing global supply chains by using blockchain technology. VET’s structure is used to support manufacturers during different stages of the process. The team has closed significant partnerships as well

ZRX Technical Analysis – Price Holds Firm With Significant Upgrade Due

The 45th cryptocurrency by market cap has been highly requested by our followers due to its future potential. ZRX is one of the most recognised open protocols in the market, allowing users to build decentralised exchanges by using smart contracts. Also known as 0x, the project is serving as the best tool to create exchanges using ETH infrastructure by ensuring the most efficient tokenisation-creation process.

With a current market capitalisation of $191 million, ZRX has gained over $68 million

Ontology Technical Analysis – Can 2018’s Price Be Replicated?

Ontology (ONT) is a public blockchain system launched in 2017. The high-performing project and distributed collaboration platform has several applications within the health sector. From pharmaceutical management to lifetime health data, this crypto project has the potential to be applied in several business structures.

From the end of March ’18 to the beginning of May, ONT went from $1.09 to $12.33. It was one of the best performing coins of 2018, with outstanding partnerships and a promising r

FX Technical Breakdowns

EUR/USD: FOMC Preview

At the time of writing, EUR/USD is trading at 1.1049. In the daily timeframe, indecision remains vivid, with the price ranging between the 1.099 and 1.1104. Overall, the pair is still under a 12-week long descending trendline and significantly below the 200EMA.

On the weekly, however, price action looks clearer. Wicks are evidently rejecting the 1.095 demand zone, which has not been tested since May 2017. If this weeks candle closes bullish, the upside momentum cannot be discarded.

Now, lets m

USD: Dollar is king, once again...but for how long?

So far, the Dollar has been the king of the week. We saw no change of momentum after the release of the QoQ figures of the US GDP, which shows a solid 2% increase in growth. DXY and major indices are trading near session highs, which triggers an alarm to be carefully monitoring the upcoming supply levels.

DXY last significant high remains around the 99.30-99.50 level, the last time the index revisited that supply zone, several USD crosses went down more than 150 PIPs. The greenback is trading h

AUD/USD: Will the trend sustain?

AUD/USD has recovered some ground this week, with the current rate approaching the 0.69000 psychological level. In the weekly timeframe, a clear descending trend remains in focus. Lower highs have been formed since Jan 2019, with price action rejecting a breakout. The upper band of the descending channel has been rejected four times. The question asked by traders is: could we see the fifth rejection this week?

The main catalyst for any sharp movement will be without a doubt NFP this Friday, whi

USD/CHF: Technical analysis: SNB and FOMC meeting playing major roles this week

The Swissy is certainly in the spotlight this week not only due to technical reasons but fundamentals as well.

On the technical side, USDCHF is currently testing a key weekly demand level around the 0.98400- 0.98700 zones. A weekly closure above 0.98500 may trigger buyers. This weekly support has been rejected several times in the past, with the pair bouncing strongly (around 120 pips each upside movement). The daily candles are still not providing a clear entry, that's why we expect this pair

NZD/USD: Are you preparing yourself to profit from today's NZD & AUD fundamental?

A lot of pressure is on NZDUSD and AUDUSD today. New Zealand's Gross Domestic Product (QoQ figures) are expected to come out today at 9:45 pm London Time, while Australia’s Employment Change is scheduled to be disclosed at midnight.

Due to some technicals reasons, I will be highlighting in the following paragraphs, a “risk-off” scenario is very probable. Kiwi will be heavily affected if Quarter GDP comes below 0.5%, the same case applies to Aussie if employment data does not meet expectations.

Behavioural Finance articles

Timing: the most undervalued indicator by day traders

“The stock market is a device for transferring money from the impatient to the patient”

If you don't know who is the author of that quote, then you must do a bit of research as it is one of the most well-known quotes of all time.

Yeah, it is a Warren Buffet’s quote. Now, it is not about who said it, but rather WHY he said it. The reason why many veterans highlight the “TIME” factor is actually the reason why I have decided to write this article.

A successful trader knows that perfect entries

Good Traders vs. Good Trades

The majority of the traders in this industry want spectacular results, without preparation. It is not a surprise, after all, that's what social media has been selling us, easy results, easy profits, easy life. However, if you have a few months doing trading you may have already realised that good trades don’t mean that you are a good trader.

In this article, I will tell you the difference between using the adjective “good” before the word “trader” and “trades”. The first thing you must take int

Weekend habits and rituals of a successful forex trader

It is said that a weekend well spent, brings a week of content! And for traders, this quote is no exception. A trader’s weekend is sacred as it gives them a space to relax, clear the mind and get the mindset ready for the week ahead. In this article, I will be giving you a couple of tips and rituals you can apply today!

First of all, the main reason why those rituals and tips are important is that they help you to rewind your mind to kill the upcoming week. Before letting your thoughts be in th

This single factor which changes the whole trading game

Alexander Elder, one of the greatest traders in history once said:

“To win in the markets, we need to master three essential components of trading: sound psychology, a logical trading system and an effective risk management plan” .

If you read carefully, you can see that Alexander did not name the trading system or the risk management plan first, but rather he began his recommendation with the word: psychology. It took me so long to realise the truth: you can be an outstanding analyst but tha