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Trade Update
/ $BTC
Direction: Down ⬇️

What did for

/ is doing for

Think about That

Bearish for now

"Instead of or in a particular , my as a should be measured by how well I adhere to my own rules and to my principles of price and my ." -Leandro A.

Happy Holidays, merry Christmas, lot's of gratefulness and good health 🎉

This young man used his savings to buy his favourite petrol attendant a bicycle to get to work and back home.

"Not all readers are leaders...

__But all leaders are readers!"*

By now most of you will have seen the streaming videos from the inaugural two-day summit on African business that was held last month in New York. If you weren't able to tune in to the Global Africa Business Initiative discussions Live, I'll share the link below.

It was a real honor for me to have been the co-Chair alongside Africa’s most senior global diplomat, Ms Amina Mohammed, the Deputy SG of the UN.

One of the key events was a fireside chat in which I interviewed Mr Robert Smith, the wealthiest African-American with a net worth in excess of $5bn according to Forbes. Mr Smith is an engineer who went into telecoms [like me] but he later went into banking before setting up his own multi-billion dollar private equity investment company known as Vista Equity Partners.

Back in 2019, I am sure some of you will remember a top African American businessman announced as part of his commencement address to Morehouse College that he’d pay off the student loan debts of the whole 2019 graduating class [of almost 400 students]! That was Mr Robert Smith.

As the two of us discussed before coming on stage in New York last month, he told me that he reads a lot of books... but not quite like his former school teacher mother who used to read 15 books a week but has now reduced that to 8 a week since she is now 87 years old!

These days I comfortably read up to 4 books per week. It is really not that difficult to do because you are simply “training a muscle”— You can train yourself to do 50 push ups a day, if you like, so why not book reading!

I read religion, business, politics, science and technology, social issues, economics. I even read fiction.

__Reading is the key to almost anything you want to achieve. I have often said that reading is the most important and certainly most profitable skill I possess!

Which brings me to a recommendation for you to read:

My friend Sarah Ladipo Manyika is about to publish her latest book, which is called "Between Starshine and Clay, Conversations from the African Diaspora". [Sarah is the wife of Dr James Manyika; both of them went to the South Pole last year; she is Nigerian and he is Zimbabwean].

In her new book she talks with some of the most well-known and respected Black leaders of our time including writers, activists, civic leaders, publishers, thinkers, artists, historians, and filmmakers… great visionaries and talents from across the African diaspora. Her oldest interviewee is her friend Mrs Willard Harris who is 102 years of age!

I encourage you to put it on your reading list by pre-ordering your own personal copy online. She has other books that I have already read. This newest one will be released early next year.

I am so excited about it, I'm telling you about it now. I'll put the link below or you can find it on Amazon.

!



Image caption: "To learn to read is to light a fire: every syllable that is spelled out is a spark". Victor Hugo

I've said this before but will again and again: Make sure your children have access to books of all kinds. But don't just hand them a book and hope for the best. Read with your children and TO them... And let them watch you be a reading role model. [I'm sure all the amazing people interviewed for Sarah's book started their reading journeys very young]...

*Title quote is by Harry S Truman

Bullish ⬆️ Alert ⚠
$BTC 21090
Buy



Not a Financial Advice... DYOR

Buy
13.01.22

Price Update

fell aggressively yesterday and, aside from the fact that we have been warning about a possible decline, can we learn anything from this mini-crash? I think so...

1. Overconfidence - Everyone was expecting a new ATH for BTC by the end of the year. So all we had to do was buy at 55k, wait a month, and earn 30% profit. Is it that simple?

2. When things are too obvious is most likely a trap- For 36 hours before the crash, bitcoin stood on very obvious support, like an invitation to buy. And, again, is it that simple? Will Bitcoin stay still on clear and visible support so that everyone can see, buy and make money?

3. Do not anticipate a pattern- a lot of analysts called an H&S pattern in BTC. But for that to have been an H&S , the formation had to be complete first, that is, to have a break above the neck, which did not happen.

4. Overlaverage- A lot of newbie traders have entered into the trade with the firm belief that BTC will not fall below 50-52k area and overexposed the account.

After breaking under the much-discussed support from 50-52k zone, Bitcoin fell aggressively and made a low above 41k .

A rebound was normal after such a drop and now the price is hovering under 50k, digesting losses.

In my opinion, we will have a new drop from BTC in the coming days and this rebound can be considered a good opportunity to open short trades.

50-52k zone is now resistance and only a clear break above would lift some of the pressure from the sell-side

Let's kindly share link

Don't panic abt the dip or red candle... It's needed but an opportunity to buy dip... Set ur limits
BUY LIMIT
@ 48725 and @ 49360
BUY LIMIT
@ 3510 and @ 3710
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