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 area 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 area in 2018, beginning her personal firm to assist crypto and blockchain initiatives with their advertising, enterprise improvement, model constructing, media options, {and professional} occasions.

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

Right here’s what they stated.

Buying and selling Bitcoin with CryptoWendy

Relating 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. Individuals argue that and say that, you understand, I’ve had very superb 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 individual choices, proudly owning as much as it, and being accountable for your actions and while 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 stated 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 aren’t 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 very well with all cash, besides after we’re going parabolic as a result of while you’re going parabolic, you don’t have any concept what’s gonna occur subsequent,” she stated within the regard.

Her Bitcoin charts aren’t any extra advanced, though she does make use of a sure “paid” indicator, “It’s actually simply a variety of assist and resistance. If cash is leaving, you in all probability wish to open a brief as a result of meaning 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 they usually change so it type of actually relies upon what I’m taking a look at and that these are among 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 she or he’s received no fiat financial savings. She has 100% Bitcoin financial savings and her funding is up like 4 instances no manner that’s so cool,” she stated.

On Polkadot

Aside from Bitcoin and Ethereum, Wendy’s a giant fan of Polkadot. The high-speed, scalable undertaking is the world’s fourth-largest blockchain undertaking by market cap and is on observe to change into one of many most-used blockchains in historical past.

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

That’s not all, she’s additionally actively spending her time researching new NFT initiatives and the varied usecases that they’ll provide for customers. “I assist all artistic facets. I assist entrepreneurs. However my thoughts goes a little bit bit deeper,” she stated, including:

“After I’m serious about NFT’s, I’m serious about placing healthcare data on the blockchain, actual property data, that sort of stuff.”

(What else does Wendy see for Polkadot and NFTs in 2021? What are some extra of her tips about Bitcoin buying and selling? Watch the complete 39-minute Cryptonites episode proper under!)

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