This week, technical analyst Dan McDermitt of The Chart Guys educational platform debates Standpoint Research founder Ronnie Moas on trading versus holding. Can traders really outperform a simple buy and hold Bitcoin investment strategy? McDermitt sees trading as a profitable route. “Had I just bought and held, I would be doing a lot more poorly than my current trading,” he said. McDermitt said trading over the past two and a half years has netted him between 3,000% and 5,000% in profits, whereas simply buying and holding Ethereum would have only yielded 500-600% in the same time frame. Moas, on the …

Two well-known Bitcoin (BTC) figures have resorted to a painfully public Twitter exchange to settle an argument over a $20,000 unpaid bet. The heated debate, which is ongoing, revolves around a pledge which investor Ronnie Moas made in 2018. Moas redistributes Ross Ulbricht BTC If Bitcoin was not worth $28,000 by the end of last year, Moas said he would donate the lump sum to FreeRoss.org, the charity working to free jailed former Silk Road owner, Ross Ulbricht. The bet was made with Vinny Lingham, CEO of blockchain identity startup Civic. With BTC/USD trailing at $7,200 on Jan. 1, 2020, …

November has been a busy week for famed stock picker Ronnie Moas who, on Nov. 4, predicted that by the beginning of 2018 Bitcoin would hit $11,000. That was recently blown out the water, but before the target was hit, he adjusted to $14,000. Now, Bitcoin is on its way to smashing that new target causing Moas to readjust for the third time in a month as the digital currency revels in a new era of adoption and acceptance. Moas looks at Bitcoin as a whole, incorporating all the chain splits in his split-adjusted price is and considering the price …