Trading Pub – 30 May 24

00:01: Current market is consolidating after a pullback but still looks bullish overall.
01:20: Bitcoin is in a short rising channel and coiling in consolidation.
03:36: Kaspa and total market cap charts look identical, showing everything follows Bitcoin.
05:06: Price predictions for TAO to reach a new high by end of June based on fractal analysis comparing it to past Ethereum price action.
09:27: Other alts are expected to follow main market movement and won’t do much until Bitcoin picks up.
10:04: Bitcoin saw shenanigans after ETF approval but then went parabolic as funds started taking delivery of Bitcoin from Grayscale.
11:01: Grayscale has lost 17.78B worth of Bitcoin which was gobbled up by Blackrock, Fidelity, ARK and other funds rather than going to fiat.
12:41: Current portfolio is set and the plan is now to wait until predicted cycle top in Q4 2023 to take profits, then sit on hands and rebuy in March/April 2024.
13:07: Preferring to hold TAO and Kaspa rather than reallocate capital from those positions.
17:52: How the 15% global inflation threshold was determined when discussing needing returns above inflation.
20:04: How money supply growth depends on location and compares UK and US inflation over different time periods.
23:11: How inflation looks higher if measuring from 2020 onwards due to money printing during the pandemic.
24:28: Realised need to be a business owner to control income growth over 15%.
26:02: Money will circulate into stocks and property after being printed, causing a rise in those asset prices.
28:33: Abandoned gold/silver dealing because assets didn’t beat inflation.
30:36: Gap downs usually get fully filled while not all gap ups fill.
33:03: Visual example of gap ups and gap downs.
35:02: A former trading strategy around gap ups and gap downs.
41:43: Analysis of TAO vs Kaspa chart showing Tau looking bearish compared to Kaspa with no reversal sign yet.
46:11: Analysis of Zapi vs Taonu chart showing bullish pattern for Zapi and potential to catch up to Taonu price if resistance is broken.
55:54: Overview of Cross Border Capital as a key source for comprehensive global liquidity analysis and indicators.
59:00: Current macroeconomic cycle playbook is still applicable until clear evidence emerges otherwise.
01:00:13: Siam’s high exposure to crypto and need to stay on top of market conditions.
01:03:04: Using debt normally and many wealthier Africans obtaining large amounts of land and property cheaply during high inflation.
01:06:00: Siam’s past skepticism of crypto from 2012-2016 and realisation in 2016 that he had been wrong.
01:11:00: Real estate development opportunities on islands in Belize similar to Maldives with Americans investing and building infrastructure.
01:15:47: Leveraging AI like 17hats, Gemini, Corsair and ChatGPT to be highly productive for clients as a VA.
01:18:31: Example given of Ellie’s niche VA business focused on video content through Postable subscription service.
01:20:17: Attending networking events daily to maximize growing your business network. .
01:25:55: TAO seems to be rejecting a move below the $400 level and holding above it which is interesting from a TA perspective.
01:26:16: Altcoin prices are only rising because BTC is rising rather than fundamental reasons.