Key Points / NgU
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In crypto jargon, NgU is short for Number go Up.
NgU Tech
On crypto trading forums, crypto investors will sometimes jokingly talk about some coin or other being the superior NgU tech.
This is an insider joke that plays on the debates about what will be crypto’s killer app and whether superior tech is even important factor.
In this case, NgU tech is a geeky way to say that a particular cryptocurrency grows faster than others.
Best Tools for Buying and holding a superior NgU crypto
- Charting App: TradingView
- Buy-and-hold crypto: Independent Reserve - Aussie exchange with AutoSchedule feature
An indepth look at NgU is here.
More on NgU
How Crypto Trading Affects Your Mental Health (Positive and Negative Effects) - This blog post discusses the effects that trading has on your mental health. Including the positive effects, believe it or not.
Volume profile trading on TradingView - ScriptSpotlight - Quite a dive into volume trading with various (free) volume profile indicators on TradingView and Cryptowatch.
On-Platform Automation: Where to do basic bot trading directly on the crypto exchange - Sometimes all you need to automate is buying after a decent bounce. These days, some crypto exchanges let you do that without a third party bot.
Technical Analysis in Crypto: How to use TA strategically - With links to the selection of best tools and scripts
Thoughts on Reversals and Psychology - Bottoming process, just as any other market reversal, is strongly influenced by psychology.
Fulcrum Bottom - Fulcrum bottom has been talked about a lot lately thanks to mentions in Peter Brandt's reports. Describing it as 'head & shoulders except at the bottom' is not quite cutting it though.
