OH MY GOSH! BITCOIN RALLIED! What To Expect Next? – Coffee N Crypto LIVE

OH MY GOSH! BITCOIN RALLIED! What To Expect Next? - Coffee N Crypto LIVE

So many times, we as traders kick ourselves for making decisions based on emotions. In this current market cycle, we are here to remind you that many indicators are showing that Bitcoin still has high potential for more downside. In this video we are discussing how you can avoid losing money in this volatile crypto market.

Timestamps
00:00 – Intro
6:44 – Market Pulse
9:18 – Bitcoin TA
32:24 – Bull Trap or Bitcoin Bottom?
49:38 -Bitcoin Rainbow Chart

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Cryptocurrency is a type of digital currency wherein transactions are encrypted and verified by members of the network. This process is called “mining” and it rewards people who verify transactions. The foundation of crypto currency is the blockchain, a series of linked data blocks that include essential information, like cryptographic hashes. These blocks add transparency to the entire network. Despite their anonymity, crypto currencies are still useful for business purposes. The following are some of the key features of crypto.

Cryptocurrency is made up of different types of currencies, such as Bitcoin and Ethereum. Bitcoin, for example, is a type of currency that includes ERC-20 tokens. Ethereum, on the other hand, is a more generalized form of blockchain. Its creators have capped the supply at 21 million coins. Tokens are created based on existing blockchains, and they function as programmable assets. This means they can form smart contracts and establish ownership of assets outside the blockchain network. In addition to these, tokens can be sent as units of value and are commonly used in the commodities market.

There is a risk of scams surrounding crypto-assets. In the United States, the Securities and Exchange Commission has increased oversight of the industry in recent years. The Commodity Futures Trading Commission has also engaged in crypto regulation. Regulatory guidelines have also shifted in countries outside the U.S., with the fifth Anti-Money Laundering Directive requiring compliance with certain guidelines in some regions. These guidelines can make it difficult to discern which cryptocurrency is the best for your investment.

The blockchain underpins the entire cryptocurrency network. The cryptocurrency exchange rate follows the same pricing principle as a stock exchange. New crypto-coins are created by solving complex mathematical problems, using high amounts of computer capacity and energy. The process is called mining. Some cryptocurrencies also have a maximum number of coins. It is important to understand these differences before investing in crypto. And remember that cryptos are not considered legal tender in many countries. This means you can lose your money if the system fails.

Despite the risks associated with crypto investments, many people have found success through this technology. While there is a significant amount of competition in this field, there are several companies that offer secure, user-friendly platforms for buying and selling crypto assets. Consumer Reports recommends checking out a few exchanges before investing. However, you must choose the best exchange for your needs and avoid scams. And be aware that there are more cryptocurrencies than you might think.

Cryptocurrency is a digital form of currency that uses encryption to ensure that transactions are secure and private. Most cryptocurrencies are built on blockchain technology, which is a distributed ledger enforced by a network of computers. Unlike fiat currencies, cryptocurrencies are not issued by any central authority, and therefore they are unaffected by government intervention. However, the popularity of crypto has increased significantly since the first Bitcoins were issued more than a decade ago.

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