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Showing posts from May, 2020

Why you keep losing money on forex

It is often said that the odds of being consistently profitable and succeeding in the forex market are very slim, as more than 90% of traders are bound to face failure. Here are the common reasons why this usually happens: They don’t understand key indicators, key numbers, ideal times to trade, and how the market works. Would you enter a battle without knowing how to use weapons or who your opponent is? When you place a trade, you literally go toe-to-toe against some of the biggest nerds in the industry ( BigBanks ) Many professional traders are not only super smart and Ivy League educated, they’re also rich. That doesn’t mean that you, the small guy or gal, can’t win. It just means that you simply must educate yourself and be prepared to do battle. David can beat Goliath, but only if he’s prepared. Some people might think the cost of a trading education is too high. But the cost of ignorance is way more expensive. They don’t have a tried-and-tested trading methodology with no proven t

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin points

With the same progression as in previous halving events, one can expect an improvement of more than 1689% in Bitcoin price. The dispute for market share control continues and limits the upward potential on the ETH price side.  The event of the year in the crypto universe, the Bitcoin mining reward halving, is less than a week away. The direct consequence of this event will be that Bitcoin mining revenue reduced by half. The Bitcoin Network rewards miners with a fixed amount of Bitcoins every 10 minutes. Until now, and after the July 9, 2016 halving, the network created 12.5 Bitcoins per period, and after the imminent halving, it will create 6.25. The  reduction in Bitcoins production means a lower flow of sales in the market , and the  market expects the price to adjust upwards  in the face of greater scarcity. After the 2016 halving, the price of Bitcoin went from  $650  to just under  $20000 ,  a 3025% growth  in a few months. After the first halving, back in 2012, the pr