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Crypto vs Other Assets. Which is Better?

  Money-making is an art. and, as an artist, you need to find the perfect skill to create wealth.  As an  investor in 2021, your first step towards putting money in a specific financial instrument should be driven by research. Investment Assets in 2021: How to Pick the Perfect Asset Class Every financial investment has a simple objective. That is, to make money. How the instrument goes about achieving this objective is an entirely subjective attribute!  Other asset classes in India include commodities, properties, cash, and bonds. By now, you must be aware of how asset classes are defined, and at this point, it is appropriate to address the elephant in the room, i.e., the cryptocurrency. Is Crypto a Reliable Investment Asset? Most certainly, as the crypto-space is loaded with possibilities when investment opportunities are concerned! While the high volatility makes it a   questionable for short-term trading.           ...

Why Cryptocurrencies are so volatile?

If you’re in the cryptocurrency industry or are looking to invest in the market, one of the  advice you’ll receive is – “ the market is highly volatile .” That’s because, Bitcoin, or other cryptocurrencies , embodies the term “roller coaster ride,” with its wild fluctuations. It has faced stupendous lows and spectacular highs over the course of a short term. why is crypto so volatile?  What are the factors that govern its prices, and will it ever reach a point of stability? Contents Cryptocurrency Volatility – What Triggers The Same? Bitcoin was worth about $20,000 in December 2020. In January, it hit $40,000. In April, it hit a new high of $65,000. This was followed by a June crash below $30,000. Around July 20, the coin surged to $45,000. With such a drastic volatility occurring, there are a few factors that contribute to it                                 ...

Ethereum Rally?

Oct 14: ETH: As shared last time, ETH is forming bullish head and shoulder and breakout $3700 will push price towards $4000-$4400 in coming days.  But this jump seems can be due to BTC. If BTC pump we will see same impact on ETH too in USDT pair. But Eth-BTC pair also indicate that eth growth rate will be slow than BTC if BTC pump hard.  But same time don't forget market psychology that eth pump hard once BTC stable at higher price.                                                        Be careful with Low/mid cap alts too if BTC pump hard. We all know that ALTS struggle if BTC pump hard in short term. But Pump in BTC always good for market and all mid/low cap coin jump hard once BTC stable. Must Apply Money/Portfolio management if you are alts trader. Dont sell them in big loss. Alts can try your patience ...

Can Btc reach $65K ?

Oct 14 #Bitcoin: BTC price is moving in a range $53k-58k. We saw cup and handle pattern breakout at $53k on oct 6 and BTC is trading above this zone from last 8 days. After $53k breakout BTC formed new trend and indicate that it can jump hard in next 3 month. Last 5 month chart also indicate that whales accumulate BTC from retail traders.  In last 7 days btc formed a upward channel and breakout above 58k will push price towards 60k-65k in quick time. $53k is work as strong support and indicate that  trader like to buy this zone. As per past trends and chart formation , BTC can pump hard with high volatility in coming months. In last 5 month BTC digest all fud including Big China BAN and trading above 5 month high.  We can see that BTC bullish for next 3 month as per trend and bulls will not loose control in this quarter.

Can Eth survive ??

Sep : ETH price also struggling along with BTC. But eth have good daily support at $3350. Day closing will be important for ETH. Daily candle closing below $3350 will give confidence to bears and they may push price $2900. Above $3350 give relief to traders.

Bitcoin struggle

Sep 10: #Bitcoin price strugle on Friday and drop below MA 200 ($46000). Bitcoin next Support on MA 50 ($44966). MA 50 should be strong support for continue bull trend. On Trend Lines, Bulls must eye on $43000 for  next long position. If Bitcoin able to hold this price than we will see Bullish golden crossover on chart too. On chain analyses showing that bitcoin Exchange reserved are near record low which may reduce sell pressure.

Bitcoin takes a major correction! Alts Suffer 🐻

Sep7:Bitcoin give big correction of near $10000 after 48 days of rally from $28000 to $52800. Yesterday BTC gave bullish breakout of $51k but it turn into fake out. As BTC break 50k support today, we saw panic sell on btc. Its most probably due to future Market.   On daily chart BTC have support on $46000 and $44000 and so today candle will be important for btc. If BTC finish above $46000 than market will positive. At the time of writing BTC trading at $47000 after hitting $42843. This can be relief bounce. Market still in panic. We saw in Jan2021 -April 2021 that BTC took time after big quick dump and retest support  again. So a little chance that BTC spend somedays here and retest 42k-43k area. We are in Bull trend till BTC run above MA 50 Day.

5 Best Apps To Buy Cryptocurrency In India!

Best cryptocurrency apps in India : The legality of cryptocurrency in India is still uncertain that you can invest in digital currency and book a profit? Regulators have now opened the arena for people to invest and trade in crypto and for many companies to run their exchanges. What does a cryptocurrency exchange app do? Cryptocurrency exchange is a platform that help you with quick access to various cryptos available in the market and let you trade (buy and sell) just like a demat account. You don’t have to mine cryptos using laptops or minning rigs.The whole process has been simplified for anyone to sign up and start enjoying the world of crypto. Crypto exchanges are available on Google Play Store and Apple App Store that work on Android and iOS phones respectively.These exchanges provide some offers to seek the intrest of public towards them. Best Apps to Buy Cryptocurrency in India Contents [ hide ] 1. WazirX – Bitcoin, Crypto Trading Exchange India Founded in 2017, by Nisc...

Bitcoin cross $50000 resistance!! Will it able to make it support??

Aug 23, #Bitcoin:BTC price move beautifully in bullish channel. In 4hr btc is making bullish Higher high and higher low pattern. Nothing wrong in chart. MACD also showing bullish as shared yesterday chart. Today BTC jump towards 50000+. Monthly expiry on Aug 27 and we can see high volatility. Monthly closing above 50k+ will be open gate for 65k and 100k. If you are trader than trade the range. If you are investors than ignore volatility.

What is Cryptocurrency? How Does it work?

Cryptocurrencies are popular today especially with the success of Bitcoin as it is the first public cryptocurrency. They are important investment vehicles for many blockchain companies today.Dogecoin, a cryptocurrency made as a joke based on dog meme has reached a market cap of $25.8 billion, as of mid-July 2021 Cryptocurrencies are favorably compared with legacy currencies like the Dollar, especially in that they can be used as a medium of exchange and store of value on blockchain and semi-blockchain networks. However, they have certain limitations such as high volatility and low adoption. Contents [ hide ] What Is Cryptocurrency? Cryptocurrencies are a form of digital money that can be exchanged online for goods and services. Cryptocurrencies are based on decentralised Blockchain technology, which ensures that an individual or a single group cannot control it. Cryptocurrency can be bought and sold online on cryptocurrency exchanges and can also be sent to others using crypto-...

Ethereum set to be the No.1 Cryptocurrency?

Ether(ETH), the cryptocurrency of the Ethereum network, is the world’s second-largest digital currency after bitcoin. Nevertheless, ether’s faster growth rate may shortly dislodge bitcoin from being the predominant crypto.  While bitcoin is up by 261% in the last 12 months, ether grew by 856% in the same period.  The chart below shows ether outperforming bitcoin and gold this year Goldman Sachs, in an unexpected report on the future of cryptocurrencies, has predicted ether (ETH) to outperform bitcoin (BTC) in total market capitalization in the coming years.  The Wall Street giant has heaped praises on Ethereum’s ether token for being  the  cryptocurrency with the highest real use potential.  Table of Contents Blockchain’s Wind of Change Non-fungible Tokens (NFT)  Decentralized Finance (DeFi) The Wrap Blockchain’s Wind of Change Before the introduction of Ethereum in 2015, blockchain was merely used as a distributed ledger for recording bitcoi...

$BTC $29k or $100k?? Pump or dump?

    Bitcoin update in 4hour time frame #Aug 22: Bitcoin in 4 hr: BTC price is moving in uptrend channel. BTC look bullish as it making continue Higher Low. $48100 is good short term support. and 50k is good resistance, Breakout $50k will help to push price towards $52k-$53k. US dollar Index can impact in Short term as Global market shows correction when DXY jump. But in mid/long term , BTC have own path to follow.               BTC in day time frame #Aug 22: #Bitcoin in 1 Day: In last week BTC test MA 200 multiple times and now BTC price well move above 200 daily moving Average which is at $45850. We can also see proper Golden cross between MA50 and MA100 which indicate that BTC market positive and ready for check upper target.  $50000 is resistance for BTC and $44k and $40k is good support area for picking new position.             BTC in weekly time frame #Aug 22: Bitcoin in Weekly...

Ethereum Stuck? No more pump?

Aug 21: ETH price stuck between Fibonacci ratio 50% to 61.8%. We are seeing that eth is moving sideways from last 14days. Breakout of $3330 will open gate for $3800 and $4400. Downside $2900 is support. After London hardfork and EIP-1559, ETH turn bullish in long term. View Chart for more detail update.. #NFA

BTC Hit $49436 🚀🚀 $ 70000 soon?

Aug 21 : #Bitcoin: $BTC bounce perfectly from support of $43800 mention in chart and now moving beautifully in bullish channel.   $BTC bounce 12% from Thursday(Aug 19) low and hit $49436 on Saturday morning session as per Asia Pacific time. Seems currently bulls are in more power than bear 🐻. So bitcoin can easily cross $50K in somedays. on Last July 21 btc made bottom $29296 but it jump 70% in last 30 days. Same time we saw many small size correction of 10-15% too which make btc more strong in long term. Now, these are important level and 50k + will make bullish for long term. on downside we have support at ascending trend line. Subscribe for daily updates #NFA Want to invest in crypto and make money Get 50rs free bitcoin on signup now  signup now and start investing with only 100inr