Nov 24, · The Gold market is very tricky with a 65% chance of a serious drop incoming. A 35% chance of a double top. Bitcoin needs to sell more before I buy. Waiting for a monthly Sell pulse. CryptoCurrency Market is full of deceit and manipulation. I would stay clear until opportunity arises. What are your thoughts about the industry????? Nov 11, · Should bitcoin cash flip the market cap of gold given current data, the resultant price is a shimmering $, per coin. None of this is to factor in . Nov 25, · Bitcoin tails the gold market but with a delay. And the lagging correlation now suggests that the cryptocurrency would rise to $25, Analysts at independent analyst firm TradingShot highlighted the bullish fractal in their note Tuesday. They noted that Gold established its all-time high in July amid fundamentals that also supported the Bitcoin price rally.
Gold market vs bitcoinBitcoin's Lagging Correlation with Gold Could Push Price to $25K: Analyst - cryptocoin365.de
Everytime I put a stop loss up on a crypto exchange it seems to make me lose money….. When she breaks 14k look for new ATHs and a retest. Who made the most constant money during the Gold Rush? The people that sold the Shovels and Mining Equipment!
I am new to crypto when compared to the people who has been here since the beginning but it does not mean I am any less competent. I have been with my own crypto project since june. I have lost money in Centra, Bankera, Cryptopia and so much more. I've also made tons of money. What i can safely tell you with my heart is that I never expected Crypto Exchanges to charge so much money for a listing. We could blame the project for poor Judgement or we can blame the space we are in.
My heart has been very heavy since I started my own Crypto journey and what the Crypto Atmosphere has in stored for projects. This is a money making game people. It is my opinion that the Cryptocurrency Market will not survive. When you have a developer of one of the best projects selling at top and buying at bottom you need to ask yourself. Is he a Developer or a Wall Street Broker? I can never see myself dumping at the top. That's why I am paying Dividends.
That's why I structured my Crypto Company to resemble that of a top wall street company. I am willing to go to jail for any mistakes that i make with my company. How much other projects can make this claim? None I am not saying there is not a Pump and Dump left in the market but it is bleak considering the amount of people who have had negative results in the industry.
Do not invest in Crypto. That is my advice at the moment. Let the industry sought itself out. If you are new please heed my warning. The gold market in the past decade has remained mostly stable, with the exception of a sharp decline in From there, the precious metal regained its value to see a positive incline in value over the past two years.
Bitcoin has seen a lot more volatility in the past few years than gold, given how the market has been in a constant state of adoption and correction. Bitcoin saw its first spike at the end of , marking its first cycle of increases. Since then, it continued at a reasonably steady rate until midway through last year, where it lost and gained value with characteristic volatility. Like gold traders, Bitcoin and cryptocurrency traders tend to buy and sell according to numerous factors, including the price of fiat assets and the economic movements of the US Dollar.
As the US Dollar seems to drop, both Bitcoin and gold rise in value.