Top twitter crypto traders
Bitcoin was the most popular crypto coin on Twitter, as per the CryptoRank study, while Ethereum was the second-most mentioned. Bitcoin rose 1. The age of majoritarianism has birthed a second wave of identity politics across India. As five states are ready to go to polls At no time do the politics of identity play out more spectacularly than during an Indian election. This poll season is no different
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Content:
- China blocks cryptocurrency Weibo accounts in ‘judgment day’ for bitcoin
- Robinhood adds zero-fee cryptocurrency trading and tracking
- Cryptocurrencies - statistics & facts
- Thai cafe serves up crypto advice with coffee and cake
- Binance-owned Indian crypto exchange WazirX crosses $200m in daily trading volume; eyes $1b in 2021
- Is Technical Analysis Prophetic or Preposterous? We Asked 7 Crypto Traders
- Avoiding a cryptocurrency scam
- 5 Crypto Traders To Follow On Twitter In 2020
China blocks cryptocurrency Weibo accounts in ‘judgment day’ for bitcoin
When I think about Bitcoin, the best known cryptocurrency right now, I think of a quote from Warren Buffett. It's common sense really. And while Bitcoin and other cryptocurrencies have been around for quite a while, and have made lots of people rich, these two points sum up why I'm staying away. That is not to say that Bitcoin is going to collapse. It's just that Bitcoin doesn't make a lot of sense as an investment to me.
When they succeed, businesses are productive: they tend to make money, and as a shareholder, you're entitled to some of it. It's the same with property, which can be rented out to generate an income stream for the owner.
You might decide, for example, to accept a certain return from a business or rental property, like 5 per cent. That can help you decide how much you're willing to value the investment: in this case, 20 times rent or income. But how do you decide how much to pay for Bitcoin? It doesn't produce earnings or cash flow like a business or rental property.
I certainly don't know how much a Bitcoin is worth myself. And that's one of the reasons I'm steering clear. Sure, some companies pay interest on Bitcoin, but these arrangements are nothing like a typical savings account. These interest payments are often generated by lending out holdings to other investors and traders. This introduces counterparty risk: if your company lending your Bitcoin goes bust, you can end up losing money.
Even in the unlikely situation your bank goes bust, you won't lose your cash because the Government will bail you out. There's also the issue of security. The exchanges where people trade their cash for cryptocurrency are often targeted by hackers and thieves.
Today, a bitcoin is worth more than 70 times that. It's great news for people who held on, but there's no guarantee the trend will continue. And while the jury is still out on Bitcoin's future, it's clear that there is a lot of speculation going on. So don't go too far with the crypto speculation front," Mr Musk said recently. Shortly afterwards, the price crashed more than 30 per cent. Even if you were a fervent believer in Bitcoin, it would have been extremely hard to hold on through that period.
It is often used as an argument to buy Bitcoin: buy now, while they're cheap, before everyone else needs them. As Reserve Bank governor Philip Lowe has argued, cryptocurrencies like Bitcoin are not commonly used for everyday payments, and it's hard to see that changing.
Researchers estimate Bitcoin mining will soon consume more electricity each year than is required to power all of Australia , which is sparking concerns about its climate impact. In Dr Lowe's estimation, cryptocurrencies seem "more likely to be attractive to those who want to make transactions in the black or illegal economy, rather than everyday transactions".
I don't know if Bitcoin is going to rule the world, and I don't want to bet that people will be willing to pay more for bitcoins in future than they do today. So, I'm simply not getting involved. It's one of the great things about investing: you can pick and choose the investments that suit you most. And, for me, it's not Bitcoin and cryptocurrencies. You may decide differently, and you may be right.
I would just say one thing, which is to not get too carried away. Don't risk what you can't afford to lose, don't put all your eggs in one basket, and have a plan for what you might do if the price falls.
You don't want to end up like James Howell, who accidently threw away a hard drive containing 7, bitcoins. Get our newsletter for the best of ABC Everyday each week. ABC Everyday helps you navigate life's challenges and choices so you can stay on top of the things that matter to you.
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ABC Everyday. Print content Print with images and other media. Print text only. Print Cancel. The price of an investment doesn't necessarily reflect its value.
The lower the price you pay, the better your results. Here are four reasons why. Bitcoin is not a productive asset When you invest in the stock market, you become a part-owner of a business. It's really just a token that trades at whatever price people are willing to pay. Bitcoin interest is not the same as bank interest Sure, some companies pay interest on Bitcoin, but these arrangements are nothing like a typical savings account.
Email address. Badly bitten in a bitcoin scam, Kevin lost his inheritance — and he blames the bank. Bitcoin faces its 'climate thing' as miners consume more electricity than a medium-sized nation. If you've got some savings to invest, this is what you need to start. Sally invests her money in giving loans to others.
But what are the risks? Cryptocurrency, Personal Investing. Back to top.
Robinhood adds zero-fee cryptocurrency trading and tracking
Here's What Investors Should Know. Ethereum Just Hit a 6-Month Low. Upgrade Bitcoin Rewards Card: 1. There Are Thousands of Different Altcoins. John Puterbaugh is a journalist with more than 10 years of experience leading editorial teams in personal…. Alex Gailey is a journalist who specializes in personal finance, banking, credit cards, and fintech.
Cryptocurrencies - statistics & facts
This is the highest trading volume by any crypto exchange in the Indian market, according to the company, amid the regulatory uncertainty over the use and adoption of cryptos by businesses and individuals in the country. More volume leads to more liquidity and more liquidity ensures that traders get the best prices with the minimum spread between buying and selling. As per CoinMarketCap, WazirX was the 27th top crypto exchange globally based on traffic, liquidity, trading volumes, and confidence in the legitimacy of trading volumes. Our customers are spread across the country. Metros form a large chunk of the customers but other cities are growing fast. According to WazirX, there are more than 7 million people associated with over 7, crore crypto assets whose fate hangs in the balance until India regulates the crypto market. However, in what could be the first move towards regulating cryptos in India, the government had last month made it mandatory for companies dealing with virtual currencies to disclose profit or loss incurred on crypto transactions, the amount of cryptos they hold, and deposits or advances from any person for the purpose of trading or investing in cryptocurrency in their balance sheets. Separately, the government had said that crypto gains would be taxable as income while GST will be applicable on services by crypto exchanges. Our Finance Minister has stated that India will not be banning crypto. Financial Express Online does not bear any responsibility for their advice.
Thai cafe serves up crypto advice with coffee and cake
As the cryptocurrency market crashed by The mystery trader, who owns , Bitcoin, suffered huge losses in the early hours of Saturday morning. The latter is usually a sign of intent to sell. The plunge follows a volatile week for financial markets.
Binance-owned Indian crypto exchange WazirX crosses $200m in daily trading volume; eyes $1b in 2021
It's no secret that some of the best alpha and trading advice gets broadcast on Twitter. In addition to videos, podcasts, blog articles, and books, one of the best ways to learn is from individuals themselves. With tweets and threads that are easily digestible, it wouldn't be surprising that you could even stand to learn more from this medium. We've picked out a mix of traders, analysts, and educational accounts we've found useful. In addition to dry British humor, Koroush's account is an exceptional resource for anyone looking to learn how to trade. In addition to some chart analysis basics, you'll also find links to his newsletter and podcast, Market Meditations.
Is Technical Analysis Prophetic or Preposterous? We Asked 7 Crypto Traders
The cryptocurrency-trading hamster Mr Goxx has died. The rodent, who shot to internet fame for his ability to often outperform human investors using a specially built trading cage, died on Tuesday. The furry financier's official Twitter account announced the hamster's death to his 18, followers on social media. What we personally learned from this project has little to do with crypto. We feared this day like no other and are truly shocked for it to happen just now. In deep sorrow, we have to announce the loss of our beloved furry friend. The hamster's financial career, and subsequent fame, were borne of an experiment by two friends in Germany who wanted to prove the randomness of success in the digital currency industry.
Avoiding a cryptocurrency scam
In recent years, Twitter has become the home of the crypto industry. As one of the earliest and most prominent voices in Bitcoin evangelism, Pomp has created a name for himself, often speaking at cryptocurrency conferences and on shows like CNBC. His content is super relevant for anyone looking to get involved in crypto entrepreneurship. With a huge following on Twitter, Tone has become the Twitter epicenter of crypto trading.
5 Crypto Traders To Follow On Twitter In 2020
RELATED VIDEO: Simple Method To Make $100 A Day Trading Cryptocurrency As A Beginner - Binance Tutorial GuideThis copy is for your personal non-commercial use only. Binance runs one of the largest cryptocurrency trading operations in the world, helping customers speculate on the wild price gyrations of bitcoin and other crypto assets. But last week it closed its Ontario operations, following a crackdown by provincial regulators on cryptocurrency trading. The company also faces regulatory challenges in the U.
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We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. Our articles, interactive tools, and hypothetical examples contain information to help you conduct research but are not intended to serve as investment advice, and we cannot guarantee that this information is applicable or accurate to your personal circumstances. Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional.
What a useful argument
Gentlemen, are you completely crazy, praise is pouring in here…. what's wrong with that…
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