Member-only story
Two Not So Bold Predictions for 2020 And Beyond
Those of you who follow me regularly know I do not make Bitcoin market predictions as far as price. I haven’t a clue. And neither does anyone else.
Knowing I don’t know, I trade accordingly.
That said I began publishing all my trades to subscribers when I started the Ugly Old Goat newsletter on February 4, 2019.
I attribute my consistent trading success solely to disciplined Money Management. My emphasis is to trade equity based on fundamentals. A distant third is technical analysis, known as TA.
I find most traders have these priorities in reverse.
While Bitcoin is a revolutionary innovation, the underlying bullish fundamentals are not Bitcoin at all. Bitcoin emerged organically due to a recognized need.
The underlying fundamental case is that we live in a world with over 100 years in a turbulent ocean of fiat money enabled by sound money developed in the marketplace in the late 19th Century under relatively free markets.
