What CryptoWendy says of Bitcoin, Polkadot, and NFTs in 2021

 What CryptoWendy says of Bitcoin, Polkadot, and NFTs in 2021

You’ve in all probability already heard of CryptoWendy if you happen to’ve been following the house since no less than 2017. She’s the bright-eyed, enthusiastic, always-smiling crypto educator and marketer identified for her long-time buying and selling channel on YouTube.

Wendy—her first title—jumped into the Bitcoin and blockchain rabbit gap in 2017 after a seven-year-stint at a healthcare firm. She switched full-time to the house in 2018, beginning her personal firm to assist crypto and blockchain tasks with their advertising, enterprise growth, model constructing, media options, {and professional} occasions.

As we speak, Cryptonites host Alex Fazel caught up with Wendy to debate her story, her long-term view on the house, Bitcoin, and what 2021 holds, in her opinion, for NFTs and different rising crypto subsectors.

Wendy in dialog. Picture: CryptoNites

Right here’s what they mentioned.

Buying and selling Bitcoin with CryptoWendy

With regards to buying and selling calls, Wendy is upfront about nobody being 100% appropriate of their market prediction, “No algorithm is 100% proper? No indicators 100% proper like we nobody can predict what’s going to occur sooner or later. Folks argue that and say that, you recognize, I’ve had very wonderful correct calls, however I’m not proper on a regular basis.”

She added that Bitcoin is a free market on the finish of the day: One which’s all about making “your personal choices, proudly owning as much as it, and being liable for your actions and whenever you’re copying any individual else.” 

“Having confidence is the toughest factor to do for lots of us however you must imagine in your self,” she mentioned on buying and selling Bitcoin and staying in a commerce.

Wendy additionally retains it quite simple with the precise buying and selling course of itself. This implies there are not any fancy, area of interest indicators on her charts, and there are the sturdy shifting averages (which decide market development) as a substitute. I actually take pleasure in utilizing the EMA 9, 21, 50, 100. “It simply works rather well with all cash, besides once we’re going parabolic as a result of whenever you’re going parabolic, you haven’t any concept what’s gonna occur subsequent,” she mentioned within the regard.

Her Bitcoin charts are not any extra advanced, though she does make use of a sure “paid” indicator, “It’s actually simply a number of help and resistance. If cash is leaving, you in all probability need to open a brief as a result of which means the worth goes to go down as a result of there’s no water that’s going into the pond.”

Market evaluation and shifting her daughter’s saving to Bitcoin

Alongside technical evaluation, Wendy added that she analyses the market with a day-to-day strategy as a substitute of sitting on a single strategy. “As a result of issues are issues transfer so quick in crypto and so they change so it type of actually relies upon what I’m and that these are a few of the techniques that I exploit,” she defined.

She’s additionally placing her sats the place her mouth is…and even her daughter’s. Within the podcast, Wendy shared that she had invested all the cash in her daughter’s financial savings account into Bitcoin (on her behalf)—a place that appears to have labored out effectively.

“I went forward and purchased her a Bitcoin and he or she’s received no fiat financial savings. She has 100% Bitcoin financial savings and her funding is up like 4 occasions no method that’s so cool,” she mentioned.

On Polkadot

Aside from Bitcoin and Ethereum, Wendy’s an enormous fan of Polkadot. The high-speed, scalable mission is the world’s fourth-largest blockchain mission by market cap and is on monitor to grow to be one of many most-used blockchains in historical past.

“I’m greenback price averaging on Polkadot each week. I’ve received a good bag and I simply preserve shopping for extra as a result of I actually imagine within the interoperability of the mission,” shared Wendy about her thesis on DOT.

That’s not all, she’s additionally actively spending her time researching new NFT tasks and the assorted usecases that they will provide for customers. “I help all inventive facets. I help entrepreneurs. However my thoughts goes a little bit bit deeper,” she mentioned, including:

“Once I’m fascinated with NFT’s, I’m fascinated with placing healthcare information on the blockchain, actual property information, that sort of stuff.”

(What else does Wendy see for Polkadot and NFTs in 2021? What are some extra of her recommendations on Bitcoin buying and selling? Watch the whole 39-minute Cryptonites episode proper beneath!)

Posted In: Bitcoin, Movies

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