Risk management is a vital element of success for any trader in any market. No matter the size of the capital youโre trading with or investing in, losses are going to be inevitable, particularly in highly volatile markets like cryptocurrency. Learning how to manage risk to minimize losses is vital. Yet, itโs also necessary to master risk management in order to ensure maximum gains. After all, the more youโre willing to risk, the greater the potential reward. Risk management to prevent losses Even experienced traders with impressive track records ofโฆ
Day: January 16, 2021
Bahamas-Based Deltec Bank Holds a โLargeโ Bitcoin Position
Bahamas-based Deltec Bank & Trust said during a recent video review that itโs holding a โlarge positionโ in bitcoin. The information was given by their chief investment officer, Hugo Rogers. Deltec Executive Discusses Bitcoin Position According to the video uploaded to the bankโs Youtube channel, Deltecโs large position in bitcoin (BTC) has brought โa lot of attention recently.โ Rogers further explained the move: We bought bitcoin for our clients at about $9,300, so that worked very well through 2020. And we expect it to work well in 2021 as theโฆ
Crashes, Rallies and Stimulus: A Normal Week for 2021 Bitcoin
The second full business week of January has demonstrated many trends that NLW argues will shape bitcoin and crypto throughout the year. This episode is sponsored by Nexo.io. On โThe Breakdownโsโ Weekly Recap, NLW argues that this week is exemplary of a set of trends that will define 2021, including: Image credit: glorcza/Getty Images Plus Original
Are Bitcoin Mining Stocks about to EXPLODE?
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Bitcoin Mining stocks are like bitcoin on steroids, and if you didnโt notice, bitcoin doesnโt really need steroids. In this video we talk about how these miners could earn enormous profits next year and if they are worth the HIGH RISK of investing in them. We talk about riot blockchain, canaan, hive and more. โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Youtube version
Peak fear? Bitcoin futures leverage gets reset by this weekโs wild price swings
The leverage used in the Bitcoin (BTC) futures market has fallen significantly in the past several days. This indicates that traders are generally uncertain about where BTC is heading in the near term. Estimated leverage on Binance. Source: CryptoQuant What is leverage and why is this metric crucial for Bitcoin market sentiment? In the Bitcoin futures market, traders can borrow up to 125 times of their initial capital to trade Bitcoin. This allows traders to enter into massive Bitcoin positions that are often much larger than the capital that theyโฆ
Bitcoin Has Been the Best Performing Asset in 6 of the last 11 Yrs
Quick take: Bitcoin has been the best performing asset in 6 of the last 11 years Pantera Capital CEO has pointed out that a cryptocurrency has been the best performing asset in 9 of the last 11 years Bitcoin is once again battling to stay above $35k Bitcoin is still in a bull-trend given that Deribit has just added the $400k strike in the December options contracts The King of Crypto โ Bitcoin (BTC) โ has been the best performing asset in six of the last eleven years. This isโฆ
Is Bitcoin (BTC) Finally BULLISH AGAIN! โ Crypto Market Trading Analysis & Cryptocurrency News
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io NEW TRUMP BITCOIN BOT CRACKING LATEST 2021 WORKING! โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Youtube version
Goldman Sachs Is Planning Grand Entry into Crypto Space with Custody Service
The inside source made assertions that Goldman Sachs is avoiding cryptocurrency brokerage services which are currently being provided by a number of US-based cryptocurrency exchanges including Coinbase, and Gemini amongst others. American multinational investment bank and financial services company Goldman Sachs Group Inc (NYSE: GS) is reportedly planning an entry into the cryptocurrency ecosystem through the offering of cryptocurrency custody service. According to a report by Coindesk, citing sources familiar with the matter, Goldman Sachs has issued a request for information (RFI) to explore digital asset custody and the bankโsโฆ
Why Anthony Scaramucci is betting on crypto: 'Bitcoin is in its early innings'
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io CNBCโs Scott Wapner talks with Anthony Scaramucci, founder and co-managing partner of Skybridge, about why heโs betting big on bitcoin. Subscribe to CNBC PRO for access to investor and analyst insights on bitcoin and more: ยป Subscribe to CNBC TV: ยป Subscribe to CNBC: ยป Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith isโฆ
Bitcoin has become nothing but the new Che Guevara T-shirt
The wonder of the universe is that it is always in motion and, because of this, that everything changes over time. So, anything can be something completely different tomorrow, just like that โ no guarantees. Karl Marx expressed this brilliantly with the phrase โAll that is solid melts into air.โ The same occurred with Bitcoin (BTC), which over the years has undergone transformations, and from a cypherpunk idea, it has become a simple Che Guevara T-shirt. Be your own bank The following words, which Eric Hughes published in โA Cypherpunkโsโฆ