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  • madison2
    replied
    To perform ETH price analysis, follow these steps:
    1. Stay informed: Keep up with the latest news and updates about Ethereum. Follow reliable cryptocurrency news sources and social media accounts to stay updated on events, partnerships, and regulatory developments that may impact ETH's price.
    2. Use price charts: Study Ethereum's price movements using charts available on cryptocurrency exchanges or financial platforms. Analyze the historical price data to identify trends, patterns, and key levels of support and resistance.
    3. Trend analysis: Determine the prevailing trend in the Ethereum market. Look for patterns of higher highs and higher lows (uptrend) or lower highs and lower lows (downtrend) on the price chart. This can help you understand the overall direction of ETH's price.
    4. Technical indicators: Utilize simple technical indicators to gain insights into Ethereum's price movements. Common indicators include moving averages, Relative Strength Index (RSI), and Moving Average Convergence Divergence (MACD). These indicators can provide signals for potential entry or exit points based on price momentum and trend strength.
    5. Volume analysis: Assess the trading volume of Ethereum to gauge the level of market participation. Higher trading volume during price movements may indicate increased buying or selling pressure and can provide confirmation of price trends.
    6. Fundamental analysis: Consider the fundamental factors that may influence Ethereum's price. Evaluate factors such as network upgrades, developer activity, adoption rate, and the overall demand for Ethereum. These factors can help you understand the long-term potential of ETH.

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  • sekiloklasfas
    replied
    The best way to have fun is to play hockey: Hockey: https://fhr-sdv.ru/ is a game that requires a lot of physical fitness. It is also a great way to practice and improve your fitness level.

    Leave a comment:


  • Ilya1111
    replied
    Как по мне, таким способом иного не заработаешь. Лучше играть в онлайн казино Bounty Casino: https://bountycasino.info/ В этом казино сможет зарабатывать абсолютно каждый. Так что переходите по ссылке и начинайте играть в Баунти казино!

    Leave a comment:


  • WilliamKelly
    replied
    I think Elon Musk popularized bitcoin a lot when he invested in bitcoin, read tesla-earns article. Tesla raised $ 272 million in the first quarter of 2021 by liquidating 10% of its Bitcoin holdings. This helped the company generate a net positive profit of US $ 101 million. Tesla also said in its first-quarter 2021 results that it has addressed semiconductor and hardware material issues, revealing good shipments.
    Last edited by WilliamKelly; 11-30-2021, 06:48 PM.

    Leave a comment:


  • Anthony Wilson
    replied
    Because cryptocurrencies are still a new asset, it’s feasible that some may perform even better in the future. If any of the currencies attain general recognition, shops will start accepting them as payment, and new applications for the blockchain technology that underpin several coins will be developed. If you do your homework and locate a cryptocurrency that has a lot of promise, you may make a lot of money with it.

    Leave a comment:


  • Carl Fridrich
    replied
    Originally posted by diooaio View Post
    With Internet, online trading has quickly spread around the world, involving people from various countries. Theoretically, it is easy.
    Theoretically even aircraft piloting is easy. But in real life it is of course not like so. For example I've been learning crypto trading, but being relatively new to Bitcoin market, made a lot of mistakes. For instance, I didn't know I should have used Bitcoin mixer to maintain my privacy among other market players. They say crypro is private by default, but those guys proved me it was not!

    Leave a comment:


  • diooaio
    replied
    With Internet, online trading has quickly spread around the world, involving people from various countries. Theoretically, it is easy. You only have to find a forex website, create and account and make a deal. But in practice, it is hard work, demanding everyday practice. And you need to learn the basics on tradersunion.com before you plunge in this activity.

    Leave a comment:


  • menndes
    started a topic Forex Market

    Forex Market

    What Is the Forex Market?


    The forex market allows participants, including banks, funds, and individuals, to buy, sell or exchange currencies for both hedging and speculative purposes.
    KEY TAKEAWAYS
    • The forex market allows participants, including banks, funds, and individuals, to buy, sell or exchange currencies for both hedging and speculative purposes.
    • The forex market operates 24 hours, 5.5 days a week, and is responsible for trillions of dollars in daily trading activity.
    • The forex market is made up of two levels: the interbank market and the over-the-counter (OTC) market.

    Volume 75%


    1:28Forex Market Basics

    Understanding the Forex Market


    The foreign exchange (forex) market is the largest financial market in the world and is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors.

    The forex market is not dominated by a single market exchange, but a global network of computers and brokers from around the world. Forex brokers act as market makers as well, and may post bid and ask prices for a currency pair that differs from the most competitive bid in the market.
    $6.6 trillion


    The number of daily forex transactions registered in April 2019, according to the 2019 Triennial Central Bank Survey of FX and OTC derivatives markets.

    The forex market is made up of two levels—the interbank market and the over-the-counter (OTC) market. The interbank market is where large banks trade currencies for purposes such as hedging, balance sheet adjustments, and on behalf of clients. The OTC market, on the other hand, is where individuals trade through online platforms and brokers.

    From Monday morning in Asia to Friday afternoon in New York, the forex market is a 24-hour market, meaning it does not close overnight. This differs from markets such as equities, bonds, and commodities, which all close for a period of time, generally in the New York late afternoon. However, as with most things, there are exceptions. Some emerging market currencies close for a period of time during the trading day.
    Origins of the Forex Market


    Up until World War I, currencies were pegged to precious metals, such as gold and silver. Then, after the Second World War, the system collapsed and was replaced by the Bretton Woods agreement. That agreement resulted in the creation of three international organizations to facilitate economic activity across the globe. They were the:
    1. International Monetary Fund (IMF)
    2. General Agreement on Tariffs and Trade (GATT)
    3. International Bank for Reconstruction and Development (IBRD)

    The new system also replaced gold with the U.S. dollar as a peg for international currencies. The U.S. government promised to back up dollar supplies with equivalent gold reserves. But the Bretton Woods system became redundant in 1971 when U.S. President Richard Nixon announced “temporary” suspension of the dollar’s convertibility into gold.

    Currencies are now free to choose their own peg and their value is determined by supply and demand in international markets.
    Big Players in the Forex Market


    The U.S. dollar is by far the most traded currency, making up 88% of all trades in 2019. Second is the euro, which was part of 32% of all currency trades during that year, and third is the Japanese yen at 17%. Note that these figures do not total 100% because there are two sides to every FX transaction.

    Meanwhile, according to a 2020 FX survey conducted by Euromoney,JPMorgan Chase & Co. and UBS were the two biggest traders in the forex market, combining for nearly 19% of the global market share. XTX Markets, Deutsche Bank, and Citigroup made up the remaining places in the top five.
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