Mixed Outlook For Bitcoin Trading
Coinbase reported the mixed outlook for Bitcoin trading as the cryptocurrency opens a new trendline but sees its 200-day moving average fall. Both of these “mixed” signs are technical indicators and not market fundamentals. How should the smart Bitcoin trader proceed from here considering the mixed outlook for Bitcoin trading?
Bitcoin As a Hedge Against a Falling Dollar
Many Bitcoin investors envision Bitcoin as a hedge against a falling dollar. However, that strategy has not worked so well as inflation rages and Bitcoin has lost sixty percent of its value against the dollar from November 2021 to August 2022.
Choosing Dividend Stocks
Stocks that pay dividends offer the investor the potential for growth of their investment along with quarterly cash dividends. When choosing dividend stocks it is wise to consider the ability of the company in question to keep paying dividends over time and their ability to routinely increase the dividend yield on their stock.
Please Ignore Celebrities Who Promote Crypto
Promoters hope that the popularity of the celebrity rubs off on their product. But please ignore celebrities who promote crypto. There is a long record of these folks giving bad advice that results in your financial losses as you follow them.
Is Bitcoin Different From Other Cryptocurrencies?
While much of the world has been bailing out of Bitcoin there are hard core fanatics who claim that Bitcoin is different and will not only survive but prosper in the years ahead. Is this true? Is Bitcoin different from other cryptocurrencies?
Investing Opportunities in the New Climate Bill
The name of the bill is the Inflation Reduction Act of 2022. It will go to the Senate shortly where the Democrats plan to use a loophole in Senate procedure to bypass a filibuster and then use the tie-breaker vote of Vice President Harris to pass the law. We are interested in the investing opportunities of the new climate bill.
How Can Your Business Use the Metaverse?
There are already projects that use the Metaverse such as Decentraland and Sandbox. Thus, it might be time to start thinking about not only how you can invest in the Metaverse but also how can your business use the Metaverse for your own purposes?
Will Crypto Follow the Stock Market Down?
Another warning sign for crypto investors is that the Nasdaq is down 27% year to date and it is the Nasdaq with which crypto assets track closely. As recession hits will crypto follow the stock market down?
Effect of Russia Ukraine Grain Deal on Markets
Providing that there are no complications, more than twenty million tons of Ukrainian grain will be exported alleviating looming food shortages across the Middle East, Africa, and Asia. What will be the effect of the Russia Ukraine grain deal on the markets?
Anatomy of a Blockchain DeFi Hack
The anatomy of a blockchain DeFi hack shows us how one 18-year-old math whiz can slip into a blockchain system, raise havoc and leave with their ill-gotten gains. An argument for cryptocurrencies, decentralized finance, and the blockchain is that they do not rely on the standard financial institutions and regulators. An argument against them is that when money goes missing there is often nowhere to turn for help