Crypto Breakdown

Episode Summary:

On Today's episode of Crypto Breakdown, I look at some coins that have great potential and very solid utilities but that are not as well known as Bitcoin, Ethereum.

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

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Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Hey everybody happy Thursday. My name is Joe Dewitt, and this is the crypto breakdown today. I'm going to talk about some top coins that you need to have on your watch list for 2022. And I'm not going to mention Bitcoin Ethereum or salon or any other layer. One that should obviously just be on your watch list.

I'm going to talk about a few coins that you may have not heard of the first one being CRO, which is crypto.com coin. Now, if you're unfamiliar, crypto.com is a crypto. Which has really gained traction. And this year they actually bought the stable center, renaming it to crypto.com arena, which is absolutely huge.

Now CRO did see a nice climate this year. Although I think this is just the beginning for what this token has to offer. CRO gained its popularity fairly recently after it, um, gained a nice surge in price over the last few months. And there is absolute. Sign of this slowing down. And as the defy space continues to grow and more and more individuals come to look for crypto exchanges and centralized exchanges.

I think crypto.com will always be a steady option. So definitely keep an eye on CRO coin as it definitely has room for growth. Second coin I would recommend putting on your watch list would be opened out. Take your SOS. Now this is an airdrop token that was given. ENS holders. And although the token is at a fraction of a cent, the market cap is 350 million.

And this is a really interesting project because it has to do with Ethereum name services. So ENS holders actually received some asset class. I think what it did for the community is very beneficial. So SOS may be speculative at the moment. Although the room for growth is exponential. I think over the next few months, and next few years, As more and more people start, um, adapting ENS names.

SOS could play a very important role and gain popularity. So definitely worth keeping an eye on SOS. The final coin. I want to discuss that you should definitely add on your watch. Those would be access, which has ACCE infinity. Now access is actually the governance token for Axion infinity, which is a decentralized play to earn.

Now actually, and Fendi is actually the largest NFT collection in the entire world. Ax Infiniti also developed their side chain, which they launched earlier this year, Ronan, um, which has had absolutely insane transaction volume compared to other blockchains. And this is just a side chain for the game.

The user base has gone up from 200,000 to almost 3 million and about 70. Which is absolutely ridiculous growth and the influence this game has had on the DFI community and the rest of play to earn games is absolutely phenomenal. And the development of this next stage of video games, I think this would be an absolutely great thing to add to your watch list.

Keep in mind, this is also a governance token. Does allow, um, voting rights in Axion infinity and that's all the time we have for today. Guys. Thank you so much for tuning in. You can fall and subscribe to our podcast, which will all be in the description below. Have a great day

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Episode Summary:

On Today's episode of Crypto Breakdown, I look t all the sources I use to make my crypto investing decisions.

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

Crypto Heat Map

Subscribe to our Benzinga Crypto Youtube Channel

Subscribe to Moon or Bust Podcast

Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Hey everybody, happy Wednesday. My name is Joe Dewitt, and this is the crypto breakdown. Today. I'm going to discuss some sources that you could use to educate yourself and learn more about everything crypto.

Now here at Benzinga. We offer a wide variety of educational kinds. You could head on over to benzinga.com forward slash money. If you want to learn more about some of our informational articles on crypto and what certain cryptos are. We also have another show here at Benzinga called Mooner bust, which is a great, great source for anyone out there, trying to learn a little bit about different products.

Um, it's a very insightful show. Um, I would definitely recommend to those out there who want to learn something about, um, just everything blockchain. Another great source for charting would be trading view. Trading view is widely used as one of the top charting platforms. And it is a great way to keep on top of price.

Action. Trading view is free, so you don't need to pay for an account or anything. Um, just go on, sign up and you'll be able to look at pretty much any chart you want. Now trading view also does, uh, offer educational content for all their indicators. So you can learn on what everything does learn, how to do some technical analysis and learn how to read.

Which is very beneficial for new traders. Now, if you ever want to learn anything about a specific coin and you don't know where to look, coin market cap is easily. One of the best platforms for learning about a crypto on coin market cap, you can find everything you need to know about the token, as well as who founded it.

There is also a way to see what platforms. Currently available to trade on, and you're also able to see what wallets supports that crypto. So if you ever need to learn more about a specific crypto, definitely would recommend checking out coin market cap. Now there's also coin gecko, which is very similar to coin market cap.

It provides information on specific cryptos and you can click on each one, see the charts, they're social, the developers, and a short analysis on that coin. And the last one I would recommend, um, for. To stay educated on crypto would be Twitter. Now I can't show any specific Twitter accounts because, um, it's completely subjective.

And I do not know if any people out there would really benefit from the users that I personally follow, but Twitter is a great, great platform to learn more about the space. And just to really get a few of web three development and different blockchain technology. Um, if you were interested in that and you just made an alternative Twitter account and started following a few different accounts, very slowly, it'll start to snowball into an entire educational newsfeed, all about crypto, which can be very, very nice and updating and insightful for some.

Now the key point here behind all these sources would be to use them in conjunction with one another. I never just use one source when looking at my investments, I like to diversify into multiple. Sources use different platforms to get the entire picture, um, different sources of information. And of course, charting is very important.

Um, the main idea here is to use them altogether to become a better trader that's all the time we have for today. Guys, thank you so much for tuning in. You can follow and subscribe to our podcast, which will all be in the description below happy hump day quickly.

Episode Summary:

Today On the Crypto Breakdown, host Joe Dewitt looks at the two of the most popular coins HARMONY vs AVALANCHE.

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

Crypto Heat Map

Subscribe to our Benzinga Crypto Youtube Channel

Subscribe to Moon or Bust Podcast

Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Support this podcast at — https://redcircle.com/crypto-daily/donations

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Episode Summary:

Bitcoin and Ethereum may not be looking so great but these 3 coins started 2022 really well.

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

Crypto Heat Map

Subscribe to our Benzinga Crypto Youtube Channel

Subscribe to Moon or Bust Podcast

Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Episode Summary:

Today On the Crypto Breakdown, host Joe Dewitt looks at the two of the most popular coins HARMONY vs AVALANCHE.

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

Crypto Heat Map

Subscribe to our Benzinga Crypto Youtube Channel

Subscribe to Moon or Bust Podcast

Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Hey everybody, happy Tuesday. My name is Joe Dewitt, and this is the crypto breakdown today. I'm going to talk about some coins that have been performing well in the new year.

As well as talking a bit about Bitcoin and Ethereum, taking a look over at Bitcoin and prices up to a percent today and to the daily chart here does look like we could form a reversal price has been struggling to fall below the current support level we are at about 41,000. And this is a very strong support level for us.

Everyone. We hit that as a resistance level back in August, broke above and use it as support a few months later. And now we are revisiting. The support level, which is going to be crucial for the next few weeks of Bitcoin. Now, if price fall below this level, now, if pricing gained momentum to get back above this 4,400 and clear away from the support level, that would be a great sign for Bitcoin.

Although on the alternative side, forming a lower lows would be pretty bad as it would signify a downtrend. So keep a close eye on Bitcoin. As the next few weeks are going to be a very strong determining factor. Now, taking a look over at a theorem, Ethereum is up just about 3% today. And prices also formed some consolidation here as it looks like it struggles to.

A bit further now with Ethereum, the RSI, which is the relative strength index is quite low sitting at about 28%, meaning that Ethereum is quite oversold here. Now, this indication could usually signal a buy-up, which would mean a short squeeze and price. Now the crucial level for Ethereum being 3,100, this is a key point because we've used it similar to the one I was talking about with Bitcoin.

Resistance, flipped support, and now being used again, as support. So falling below this level would also indicate lower lows and could signify a downtrend. Although if we do get a little bit of buying pressure here, that would be a great sign for Ethereum as it would keep its higher lows best case here would be some buying pressure to get priced back above that 200 day moving average.

Using that 200 day moving average as support would be ideal to eventually move back up towards that 50 day and get that golden cross. Ethereum may have a bit of climbing to do, but it's definitely not out of the picture. And for some top gainers of the new year so far, we've got Zika. Luna and chain link Z cash rose about six and a half percent.

Luna got up six and a half percent. And Shane linking up almost 10% since the new year and shame link climbing from $19 to $28. Since the new year has probably been the best gainer that I have seen so far as most cryptos are struggling in this time. As it gets really hesitant for Bitcoin and Ethereum chain.

Definitely been performing very well. So definitely worth mentioning and keeping an eye on chain link. That's all the time we have for today. Guys. Thank you so much for tuning in can fall and subscribe to our podcasts, which will all be in the description below. Have a great day

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Episode Summary:

Is Crypto In a Bear Trend?

Which indicators are most helpful when trading crypto?

Alternative investments to crypto in a bear market and how to recognize break-out coins?

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

Crypto Heat Map

Subscribe to our Benzinga Crypto Youtube Channel

Subscribe to Moon or Bust Podcast

Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Episode Summary:

Today On the Crypto Breakdown, host Joe Dewitt looks at the two of the most popular coins HARMONY vs AVALANCHE.

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

Crypto Heat Map

Subscribe to our Benzinga Crypto Youtube Channel

Subscribe to Moon or Bust Podcast

Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Hey everybody happy Monday. Hope you all had a great weekend. My name is Joe Dewitt, and this is the crypto breakdown. So on today's episode, I'm going to talk a little bit on how to trade crypto in a bear market.

Now let me just say, this is not me saying that we are in a bear. This is just me trying to be precautionary and educate those out there that need a little bit of information on what to do when that time approaches. And I just want to help people prepare for the time when it comes. So a humongous thing of trading to really keep in mind is that you want to trade on volume and momentum.

 So when there's minimal activity in the market, it doesn't really prevent. A suitable environment for trading because in order to make successful trades, we need volume coming in and we need some sort of growth. So when there's no activity, it's very hard to make trades. So what I would recommend during bear markets would be to trade assets that are becoming ready to break out and how you can find that would be from a wide range of indicators.

I personally like to use a 50 day and 200 day moving average, which helps put into perspective where price is actually going. And it's referred to as a golden cross when that 50. 200 days overlap now to find a breakout, you could use multiple indications of a golden cross RSI levels of resistance and support and different technical analysis.

Personally, my favorite would be Fibonacci levels as well as the 50 and 200 day moving average. These really helped put into perspective where price is going and how momentum is falling or how momentum is growing, which can really. Determine which assets are moving in a bear market. Now, the one thing I will say is not to trade your regular assets and bear markets.

Like I've been saying it is important to have momentum.  Although we all like to have our certain assets, we do like to trade and certain coins that we do really like it may be best to find alternative investments that are getting ready to approach a breakout as well as alternative investments, like NFTs.

 NFTs and times of uncertainty and bear markets can provide great alternatives generally as the price of Ethereum falls, the value of NFTs would arise because the dollar value is going down. So a theory and price could go up, which would be a great alternative investment in bear markets. On the final note guys, the one last thing I will say about trading in a bear market is.

Forced trades when you're trading, it's really easy to picture a trend or a picture or a movement that you want to confirm, but a lot of the times they will not play out. So just make sure that you were taking out that bias and looking at everything from the same angle and just really make sure not to force.

Keep an open mind, look out for those levels of support and resistance and make sure to find a breakout coin that's all the time we have for today. Guys, thank you so much for tuning in. You can follow and subscribe to our podcast, which will all be in the description below quickly. I just want to say that this is not financial advice.

I encourage everyone out there to please do your own research before investing in cryptocurrencies, as they are very volatile assets. Did you know nearly all stock price changes of 10% or more result from a single news headline? That's right. News headlines have a unique ability to drive stock prices up or down.

These news catalysts create trading opportunities every day. All you need is a little help to reach out and take them. And if you're looking to grow your portfolio, it doesn't matter if your investment budget is small or big, an easy to read stream of news headlines will increase your opportunities to profit from price changes in the stock market.

Consolidate a knowledge-based investment strategy and grow your portfolio. All you need is Benzinga pro and it's powerful news alerts, price tracking, and portfolio monitoring. To make a positive change in your trading performance. We've already helped thousands of retail traders across the world, and they could not be happier.

Increase your market knowledge. Boost your exposure to big movers and make informed trades before major price changes, the opportunities are all around you. Subscribe now and will skyrocket your portfolio today.

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Episode Summary:

Today On the Crypto Breakdown, host Joe Dewitt looks at the two of the most popular coins HARMONY vs AVALANCHE.

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

Crypto Heat Map

Subscribe to our Benzinga Crypto Youtube Channel

Subscribe to Moon or Bust Podcast

Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Hey everybody happy Friday. My name is Joe Dewitt, and this is the crypto breakdown. Today. I am going to do a, another coin battle of two layer, one coins, avalanche and harmony. First off, looking at the two market caps. Harmony has a market cap of about three and a half billion while avalanche sits roughly over 21 billion.

Now that is a hefty difference in market cap. Avalanche has clearly been established and around for slightly a little bit more time and has gained a bit more adoption here while the price of harmony sits at 31 cents. And avalanche is just short of $90 price differences, definitely signif. Now the two do offer great utility for scaling transactions, harmony bridges, proof of work and proof of stake chains, which makes them highly gas efficient.

Um, they can currently bridge Ethereum, Binance, smart chains and secure tens of millions in cross chain assets. Now, this is really nice to make, um, proof of work and proof of stake platforms compatible as a, usually they would not be able to. Um, communicate where avalanche on the other hand is a traditional layer one, which is a smart contract platform that is used to build decentralized applications.

Now, avalanche has incredibly fast and low cost, um, transaction times, which is where they have got a lot of their popularity and the high transaction times and low gas fees make it a great alternative investment to, uh, other layer ones like Ethereum, which may be experience. Tremendously high gas fees and shorter transaction times.

Although keep in mind something like a theorem is a lot more established now, purely from a technical analysis standpoint. If we take a look at the daily chart for these two tokens, one is currently, or I guess I'd call it. Harmony is currently trending in the upwards direction where avalanche. Harmony is currently trending in the upwards direction as avalanche is currently falling.

So price for one has moved above the 200 day moving average and looks like it could be close to breaking all time highs, which would be. Price up even farther avalanche on the other hand is falling down towards support of about $75, which may be a great entry point there. If price does see the reversal for an investment standpoint, it is easier to recommend harmony as it is a much lower cost per token.

And the utility is great. Um, generally I would not generally, I would not favor one coin over the other because it is necessarily cheaper. Although in this circumstance with a utility, it proves. Although in this circumstance with the utility that it provides, it is a great, um, great price for the chain that you were getting avalanche on.

The other hand has seen its Palm and it has seen its surge in activity. Um, I am slightly concerned that price may continue to fall for avalanche as the market continues to consolidate. But that is just my 2 cents. Make sure to do your own financial research before investing in cryptos. That's all the time we have for today, guys.

Thank you so much for tuning in. You can fall and subscribe to our podcast, which will all be in the description below. Have a great day and have a nice weekend.

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Episode Summary:

Today On the Crypto Breakdown, Joe explains how to buy and sell (mint) your NFTs in simple steps.

He also gives tips on How To Get Out Of Paying Crazy Gas Fees by placing a bid on the NFT you like.

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

Crypto Heat Map

Subscribe to our Benzinga Crypto Youtube Channel

Subscribe to Moon or Bust Podcast

Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Support this podcast at — https://redcircle.com/crypto-daily/donations

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Privacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:

Today On the Crypto Breakdown, host Joe Dewitt looks at the price analysis for Bitcoin, Ethereum, Fantom and more.

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

Crypto Heat Map

Subscribe to our Benzinga Crypto Youtube Channel

Subscribe to Moon or Bust Podcast

Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Support this podcast at — https://redcircle.com/crypto-daily/donations

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Privacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:

Today On the Crypto Breakdown, host Joe Dewitt looks at the two of the most popular MEME coins DOGECOIN vs SHIBA INU

Check out the Dogecoin founder on Benzinga Moon Or Bust Podcast

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

Crypto Heat Map

Subscribe to our Benzinga Crypto Youtube Channel

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Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Support this podcast at — https://redcircle.com/crypto-daily/donations

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Privacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:

Today On the Crypto Breakdown, host Joe Dewitt looks at the top coins to keep an eye on in 2022.

Airdropped Coins

What are airdropped coins?

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

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Subscribe to our Benzinga Crypto Youtube Channel

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Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Support this podcast at — https://redcircle.com/crypto-daily/donations

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Privacy & Opt-Out: https://redcircle.com/privacy

Episode Summary:

Today On the Crypto Breakdown, host Joe Dewitt looks at the top NFT projects you should watch for in 2022 as well as the top crypto conferences to cover in 2022.

Stablecoins

What are stablecoins? How can crypto investors use stablecoins?

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

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Subscribe to our Benzinga Crypto Youtube Channel

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Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Support this podcast at — https://redcircle.com/crypto-daily/donations

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Privacy & Opt-Out: https://redcircle.com/privacy