Category: cryptocurrency
The analysis published under this category are as follows.
Wednesday, November 03, 2021
Addressing the Elephant in the Crypto Room - Regulation / Currencies / cryptocurrency
By: Stephen_McBride
Will the US government regulate crypto… and if they do, what will happen to crypto prices?
This is an extremely important question… and by far the #1 thing readers are asking.
Today, I’ll answer it.
- What happens when the government regulates crypto?
Notice I didn’t say, “if the government regulates crypto.”
I said, “when.”
Tuesday, November 02, 2021
Can Cryptocurrency Become Less Volatile for the Masses Who Don't Invest Yet? / Currencies / cryptocurrency
By: S_N_Chatterjee
Whether or not you are related to the finance world, you are bound to know or at least have heard about cryptocurrency. Cryptocurrencies are a type of e-currency or digital assets in which you can invest. However, the concept of e-currency is still quite new to the general mass. It can easily intimidate an individual and might be a big risk if you are not aware of what you are doing or where you are investing.
Despite that, many investors continue showing interest in cryptocurrency, which brings up the question— will cryptocurrency ever become less volatile for the mass? In this article, we will take our time to find an answer to that question. If you are ready, let us start right away!
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Monday, November 01, 2021
IM Academy Shares How to Get Started in Cryptocurrency Trading / Currencies / cryptocurrency
By: Sumeet_Manhas
Ever since the birth of Bitcoin in 2008, the excitement surrounding cryptocurrency has steadily reached a fever pitch. Tech tycoon Elon Musk says Bitcoin is his largest holding, and every time he tweets or talks up another coin, it surges to new heights. Open up social media, and you’ll find young traders spouting off about their fattened-up crypto portfolios. The latest rage is NFT’s, or non-fungible tokens, a digital currency that is unique and not interchangeable. There is always something new and developing in the world of cryptocurrency—after all, there are hundreds of cryptocurrencies in existence—so it’s natural to be curious. But where does one start? IM Academy has the answer. IM Academy, which has taught students worldwide, says that it’s seeing a brand-new influx of students enroll into their program explicitly geared toward digital currencies: DCX Academy. DCX Academy is also available as a part of Elite Academy, a group of IM Academy’s popular academies. The dot-com is the destination for students looking to level up their trading strategy. Their courses feature segments, add-ons, and packages that make it easy to get started. Here’s a preview of what students are learning.
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Sunday, October 31, 2021
Crypto-Alert - Will Solana Continue To 'Moon'? / Currencies / cryptocurrency
By: Submissions
Summary
Ethereum was the first smart contract platform to gain wide use and is still the market leader.
Many competing smart contract platforms have tried to unseat Ethereum from the leadership position by capitalizing on its speed and cost issues.
Solana is a new competitor that is cheap, fast, and that has seen great price appreciation, but will it last?
The Ethereum Revolution
Ethereum (ETH-USD) brought the use of smart contracts to scale. Smart contracts are essentially financial agreements between two or more parties, governed by code. Typically, they form both the agreement and the means to execute the actions specified in the agreement when terms are met.
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Thursday, October 28, 2021
Proshares Bitcoin BITO ETF Marks a Huge Milestone for Crypto Currencies / Currencies / cryptocurrency
By: Stephen_McBride
After years in the making, it finally happened…On October 15, the Securities and Exchange Commission (SEC) approved the first-ever bitcoin ETF.
On October 19, the ProShares Bitcoin Strategy ETF (BITO) debuted on the New York Stock Exchange.
This is a big, big milestone.
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Thursday, October 28, 2021
Bitnomics Review – Is it an easy solution to buy and sell crypto? / Currencies / cryptocurrency
By: S_N_Chatterjee
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Monday, October 25, 2021
Investing in Crypto Currencies With Both Eyes WIDE OPEN! / Currencies / cryptocurrency
By: Nadeem_Walayat
Firstly, crypto's are VERY HIGH RISK, the crypto bugs constantly talk about how manipulated fiat, stocks and precious metals are hence they seek their financial freedom in decentralised crypto currencies. However in my opinion crypto currencies are probably the most manipulated markets of the lot where huge amounts of coins reside in whale wallets that could be dumped onto the markets at any time. Then there are the inflation rates, crypto coin printing on an epic scale that would even make the Fed's Powell blush where comparatively low prices against all time highs can easily fool unsuspecting crypto investors into buying garbage with masked inflation rates in excess of over 100% that thus can not sustain bull runs to capitalise on until the inflation rates moderate to under 10%, such as that of Filecoin where given the plethora of pump content out there one is hard pressed to determine the true inflation rate that apparently is currently running at 160% against that of say Bitcoin's inflation rate of about 1.6%.
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Saturday, October 23, 2021
Inflation and the Crazy Crypto Markets / Currencies / cryptocurrency
By: Nadeem_Walayat
One of the reasons for investing in crypto's is INFLATION i.e. fiat currency is constantly being devalued whilst many crypto's are limited to print run such as Bitcoin. So whilst I have not bought any Bitcoin to date due to not meeting my price targets so far. However, going forward I will be retaining all mined bitcoin regardless of what happens to the price, roughly I mine about $300 worth of bitcoin per month across 2 desktops.
Meanwhile I have limit orders all over the place attempting to capitalise on the crazy crypto markets. For instance recently Litecoin first dropped to to $100 and then spiked to $300. Which triggered me long at $112 and $118, current price is $185. So I am seeking to capitalise on such highly volatility price moves in both directions due to immature trading platforms and low volume i.e. where Litecoin is concerned I have limit orders to buy at $146 and below with limit orders to sell at $280 and above.
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Thursday, October 21, 2021
Ravencoin RVN About to EXPLODE to NEW HIGHS! Last Chance to Buy Before it goes to the MOON! / Currencies / cryptocurrency
By: Nadeem_Walayat
Ravencoin appears to be on the verge of a major move higher once it breaks above it's 200 day moving average on a closing basis at 0.11 (current price 0.1055). If we are lucky it will break the 100 day lower first before going higher i.e. into 0.065 to 0.078, but at this point that looks like a low probability. RVN looks like its about to go to the MOON! Your last chance to get onboard.
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Tuesday, October 12, 2021
4 Reasons Why NFTs Could Be The Future / Personal_Finance / cryptocurrency
By: Sumeet_Manhas
The NFT craze has taken the digital world by storm. People all around the globe are investing in these non-fungible tokens for different reasons. Some are trying to make a profit while others are creating a collection of digital art.
Some people believe the NFT craze won’t last, while others think we are at the stone age of something incredible. There are several reasons to be skeptical, and it's impossible to tell what the future has in store for these digital assets, but there are a few reasons why NFT’s future is looking bright. Before getting into why NFTs isn’t just another flash in the pan, let's take a quick look at what NFTs actually are.
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Saturday, September 25, 2021
Cryptocurrency policy choices and consequences / Politics / cryptocurrency
By: Raymond_Matison
Almost all countries of the producing and developed world have made a policy decision as to how to define crypto currencies, and they do not define them as securities. The United States has not finalized its singular definition as its designation is not uniform among agencies: the United States Commodity Futures Trading Commission defines virtual crypto currencies as commodities, while the Internal Revenue Service defines them as property on which to collect capital gains taxes. The U.S. Treasury Department Financial Crimes Enforcement Network sees them as “counterfeit money” to be treated accordingly, and the Securities Exchange Commission wants to treat them as securities, which they would regulate. It is clear, that there is a “turf war” taking place as to which agency is to exert control regulation over this new virtual asset. There is much at stake: much more than which agency will regulate cryptocurrencies or be able to “extract favors” from the implementers of this new asset class. However, if policy decisions are not constructive to supporting this fast-growing industry, or if this decision takes too long to reach, the dynamic entrepreneurs will move to countries which are more supportive.
Let’s be clear, decisions have consequences, and how we define and regulate cryptocurrencies will have long-term nation-impacting consequences. Political leaders base most of their decisions and cast their votes in Congress for near term political benefits – as most will be out of the government when the long term consequences become operative. For example, politician’s support for increased government spending is nearly universal, despite the fact that over the longer term government debt accumulates to consequential levels.
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Wednesday, September 22, 2021
URGENT - Crypto-trader event - 'Bitcoin... back to $65,000?' / Currencies / cryptocurrency
By: EWI
Hi reader,
Bitcoin and the gang have been the epitome of volatility lately -- and September brought more drama.
Our friends at the world's largest market-forecasting firm, Elliott Wave International, tell us that from where they sit, it's a critical time for cryptos.
In fact, they're watching support and resistance price points in Bitcoin and other cryptos that few traders know about. And they want to show them to you -- free.
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Saturday, September 18, 2021
So... This Happened! One Crypto Goes From "Little-Known" -to- "Top 10" in 6 Weeks / Currencies / cryptocurrency
By: EWI
SOL surges 10x in six weeks, outshining crypto kings like Bitcoin and Ethereum. See how you could have seen the rally coming.
The world's financial authorities continue toggling back and forth between banning digital currency transactions one day, and predicting hyperbitcoinization -- i.e., bitcoin becoming fiat currency -- the other.
All the while high-profile gazillionaires like Elon Musk stir the pot with metaphorical nursing tweets about "pumping not dumping" bitcoin.
Thus, it's hard to remember bitcoin is NOT the only sheriff in town. There are hundreds of listed tokens quietly making huge waves in their much smaller pools. One such name is Solana, a lower altcoin who, between July 20 and September 9, actually outperformed the leading crypto kings.
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Wednesday, September 08, 2021
Crazy Crypto Markets How to Buy Bitcoin, Litecoin for Half Market Price and Sell for TRIPLE! / Currencies / cryptocurrency
By: HGR
Here's how to capitalise on the crazy crypto markets where one can literally buy crypto for HALF the current market price and then SELL for TRIPLE the price paid all within the same DAY!
Watch and learn how to capitalise on the crazy crypto markets in 2021.
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Friday, August 27, 2021
Why Google Could KILL Bitcoin - Crypto Market Black Swans / Currencies / cryptocurrency
By: Nadeem_Walayat
Whilst we can all get carried away projecting into the future based on past trends, comfortable in the reliability of calculations. However, there are always black swans lurking out of sight that could result in that panic event that few see coming. And where Bitcoin and the crypto's are concerned is if the Governments decide to BAN trading and investing in crypto's.
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Friday, August 20, 2021
Cardano, Pokadot and Chainlink Technical Buying Levels - My Crypto Market Investing Strategy for 2021 / Currencies / cryptocurrency
By: Nadeem_Walayat
1. BTC & ETH - My primary focus will be on building positions in BTC and ETH that will target approx 80% of my crypto portfolio, the balance spread between a number of Alt Coins such as Cardano and Pokadot.
2. Hold BUSD and USDC - In advance of buying crypto's I am funding my accounts (mainly Binance) with approx 50% of my target position size to as to capitalise on a high GBP exchange rate, converting into BUSD and USD whilst also correcting my initial error of holding USDT.
3. Place limit orders on approx half of the funds on account across the target crypto's in relatively nearby levels compared to the more distant levels i.e. BTC $21,500 and ETH $1400. Whilst my initial limit orders are far distant from the actual crypto prices as I am anticipating a decline in prices. However over time my orders will gravitate towards being nearer to the actual spot price i.e. over the next 6 months and where I could even be buy crypto at spot rather than with limit orders depending on what transpires over the remainder of this year due to various dynamics such as the Ravencoin halving due in Jan 2022 etc in advance of which I want to have a significant holding of raven coins.
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Tuesday, August 17, 2021
Ethereum (ETH) Buying Levels - My Crypto Market Investing Strategy / Currencies / cryptocurrency
By: Nadeem_Walayat
1. BTC & ETH - My primary focus will be on building positions in BTC and ETH that will target approx 80% of my crypto portfolio, the balance spread between a number of Alt Coins such as Cardano and Pokadot.
2. Hold BUSD and USDC - In advance of buying crypto's I am funding my accounts (mainly Binance) with approx 50% of my target position size to as to capitalise on a high GBP exchange rate, converting into BUSD and USD whilst also correcting my initial error of holding USDT.
3. Place limit orders on approx half of the funds on account across the target crypto's in relatively nearby levels compared to the more distant levels i.e. BTC $21,500 and ETH $1400. Whilst my initial limit orders are far distant from the actual crypto prices as I am anticipating a decline in prices. However over time my orders will gravitate towards being nearer to the actual spot price i.e. over the next 6 months and where I could even be buy crypto at spot rather than with limit orders depending on what transpires over the remainder of this year due to various dynamics such as the Ravencoin halving due in Jan 2022 etc in advance of which I want to have a significant holding of raven coins.
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Tuesday, August 10, 2021
Bitcoin Black Swan - Will Governments BAN / Regulate Crypto's Out of Existence? / Currencies / cryptocurrency
By: Nadeem_Walayat
Whilst we can all get carried away projecting into the future based on past trends, comfortable in the reliability of calculations. However, there are always black swans lurking out of sight that could result in that panic event that few see coming. And where Bitcoin and the crypto's are concerned is if the Governments decide to BAN trading and investing in crypto's.
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Monday, August 02, 2021
How to Trade Binance Vanilla Options for the First Time on Bitcoin, Crypto's / Currencies / cryptocurrency
By: HGR
Trading Options on Binance, looking at the options screen for the first time can be a daunting sight, what does it all mean here I show you what all of the facts and figures mean as I put on my very first Calls, Puts long and short options trades on Binance's Vanilla options trading platform, not to be confused with their Neapolitan or chocolate options :). Though do bare in mind that OPTONS are VERY HIGH RISK! So if your considering trading options start very, very small! I just started with 11 bucks that's how small because at the beginning it is very easy to make a mistake. So again start very small and beware that trading options is VERY HIGH RISK so do, do research before jumping in with both feet.
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Sunday, August 01, 2021
Earn Upto 6% Interest Rate on USD Cash Deposits with Binance Crypto Exchange USDC amd BUSD / Personal_Finance / cryptocurrency
By: Nadeem_Walayat
How can one earn a decent rate of interest on CASH, or near to cash as one can get in a select few stable coins such as BUSD and USDC, note I am ignoring the largest stable coin USDT because I consider that as being ponzi scheme. Nevertheless crypto exchanges offer a way to earn an interest rate of as much as 6% on CASH USD deposits! Of course one should NOT just bung the whole of their excess cash onto a crypto exchange such as Binance for 6% as the risks of loss of funds is too high!
However, I have funded this crypto exchange whilst I await for better crypto prices to invest into, and those funds can earn as much as 6%! So at this point in time I am only depositing a relatively small amount of funds whilst I wait for the crypto bear market to play out over the next 6 months, in the meantime I am earning a return that is a good 5X what any banks are offer for deposits.
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