Skip to main content

Posts

Showing posts with the label Daily

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                                 ...

$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