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All of a sudden, I’m seeing the word Bitcoin everywhere I go.

It is all over the news.

Bloggers are talking about it.

Everyone is calling a buy for it, even those who have no idea what cryptocurrency is.

So the big question is, is Bitcoin still a good buy at its current price?

 

Here is some background on Bitcoin:

Before answering that, it’s amusing how everyone is getting excited about Bitcoin now, when just a few months ago most people were saying it it’s a scam, or that it is going to crash to zero, that it is worthless, etc.

Seems like it is human nature to jump on the hype train.

If you have been following me on my Telegram channel (https://t.me/synapsetrading), you will know that we have been accumulating it since early last year, when it was around $4000+.

Here are some of the updates I posted last year:

 

Now, let’s look at the current prices.

On the weekly chart, we haven’t seen any correction in months, which shows that the trend and momentum is strong in the long-term, but it also shows that the trend is not moving at a stable sustainable pace.

A stable trend is marked by ups and downs, not just a parabolic one-way move.

If you think in terms of numbers, the potential percentage upside gain is much less compared to the start of the trend, which is why I prefer to get in early on a new trend rather than chase a late-stage trend.

If I am going to add more positions or enter, I will wait for a larger correction first, such as a pullback to the EMAs on the weekly chart.

Trade safe, and stay tuned! 💰😎🔥

Last weekend, we conducted out first run of the “Crypto Mastery Program”, and it was a full-house turnout for our first batch of crypto enthusiasts!

Based on the feedback we got, this is the first and only fully comprehensive course on Cryptocurrencies in Singapore, which covers:

  • Fundamentals of Blockchain technology, cryptocurrencies, bitcoins, Alt coins, etc
  • Value investing strategies to find undervalued coins for long-term investment
  • Technical analysis & short-term trading strategies to capture smaller price movements, and to time the entry for long-term investments
  • ICOs (initial coin offerings) and how to profit from them while avoiding the scams
  • How to mine for coins with zero technical knowledge (includes free tour to mining farm)
  • How to create a diversified portfolio of crypto assets to ride this next big wave of wealth creation

This course is taught by 2 trainers:

  • Spencer Li – Self-made millionaire professional trader with 10+ years of experience, and specialises in technicals & price action
  • Ong Jun Hao – Crypto trader who made 100x returns in less than a year, and specialises in fundamentals & news analysis

Registration is open for 2018: https://wp.me/P1riws-78a

Training Feedback from Attendees:

“Attended CMP on 2-3 Dec 2017. Great course with very resourceful contents, covered wide range of topic from Background, ICOs, Mining, Investing, Trading and Portfolio Allocations. Comprehensive explanation from both Spencer and Jun Hao on fundamental valuation and technical trading perspective. The course contents are suitable both beginners and advanced traders who are looking to step into Cryptocurrency.” – ZT

“Great programme! Really learned alot about cryptocurrencies. As a beginner, it really felt like I took a knowledge express train. Jun Hao & Spencer are also very willing to share their knowledge!” – Aw Jian Yang

“A useful start to those who want to learn more about cryptocurrency investment instead of jumping in blindly.” – Susan Tan

“SL & JH are well verse in their domain. For newbie/noob, it is 2 days well spent to get started in Crypto World.” – Gary Koh

“Great course! Provides a good foundation to understanding & trading cryptocurrencies!” – Ed

“Very informative, easy pace for beginners.” – Al

Opened my eyes to a whole new dimension on cryptocurrencies. Jun Hao is very knowlegeable on cryptocurrency.” – Eugene

“Jun Hao and Spencer are very good teachers, very clear in their explanation, very knowledgeable and professional. They selflessly share their knowledge with students. The course is very good and must attend for anyone interested in cryptocurrency investing and trading.” – Adrian

“Great program for those who are interested to know crypto and want to profit from it. The program content is very useful for both beginner and advanced traders. Definitely must attend couse.” – Kwaw Zaw Than

“A good framework for people who intends to dive into the crypto world, be it investing or trading. The course covers fundamental, technical, behavioral and news analysis, which makes it comprehensive. Thank you Spencer and Jun Hao for the wonderful sharing.” – Darrell Su

“This course is very informative. The instructors are very knowledgeable and open to share their trading experience and tips.” – CW Tay

Highly recommended to those who wants to know what is crypto/invetsment/mining.” – YC

I would recommend this program to friends who are keen in trading/investing into cryptocurrencies.” – Goh Lily

“Attended the first cryptocurrency course and it was extremely informative for a complete newcomer such as myself. The theory behind it was in-depth, coupled with practical examples which helped consolidate what we learnt. Turns out cryptocurrency isn’t as complex as is looks and sounds. Both spencer and jun hao were forthcoming, constantly highlighting the pitfalls of dabbling in cryptocurrencies. Great introductory lesson for those just starting out. What i liked was also how the tools could be employed across all financial instruments will also benefit me as an equity investor.” – Wei Keong

 

 

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Register Early to Avoid Disappointment!

All of slots are closed for 2017, but we have opened new slots for 2018, so those who are keen can start registering now to avoid disappointment, as our last course was sold out within a week after we opened the registration.
Registration link: https://wp.me/P1riws-78a

Good luck to all future “Crypto Millionaires”, and see you all at the top! 😀