I know you will hate me for this, but if I see the risk, take it as a warning, so at least a Professional Trader told you how this works. Anyway I hope to be wrong on this one!
Big players are making a lot of research about Cryptos, but Bitcoin seems to be the picked up for let it down, when I say they are doing a lot of research I mean are trying to calculate even the electricity consumption per country and see if it's real or just a fraud. If you still love Cryptos anyway I would see Ripple
XRPUSD
looking for a short position until 0.75489 and maybe a long position from there, however too early for it.
Well, from a mathematical perspective it should come down, but probably will go a little bit up first. If I calculate the present vs future value factorized by time, between June and August we have to see the biggest drop to zero, that's one of the reason I said in my previous post, this asset it shouldn't be in your portfolio if you have one, because the risk to see in zero your account is massive. At the same time I would not go short neither, because like we saw in the last drop, brokers paused any transaction, so it's just a matter of time. Then why to risk on it?, well is up to you.
Anyway I hope to be wrong on this one!
Have a Good Trading Week!
Cream Live Trading, Best Regards!
Big players are making a lot of research about Cryptos, but Bitcoin seems to be the picked up for let it down, when I say they are doing a lot of research I mean are trying to calculate even the electricity consumption per country and see if it's real or just a fraud. If you still love Cryptos anyway I would see Ripple
XRPUSD
looking for a short position until 0.75489 and maybe a long position from there, however too early for it. Well, from a mathematical perspective it should come down, but probably will go a little bit up first. If I calculate the present vs future value factorized by time, between June and August we have to see the biggest drop to zero, that's one of the reason I said in my previous post, this asset it shouldn't be in your portfolio if you have one, because the risk to see in zero your account is massive. At the same time I would not go short neither, because like we saw in the last drop, brokers paused any transaction, so it's just a matter of time. Then why to risk on it?, well is up to you.
Anyway I hope to be wrong on this one!
Have a Good Trading Week!
Cream Live Trading, Best Regards!
Komen:
I told you and hope you considered!
Learn how to beat the market as Professional Trader with an ex insider!
Have a Good Trading Week
Cream Live Trading, Best Regards!
Learn how to beat the market as Professional Trader with an ex insider!
Have a Good Trading Week
Cream Live Trading, Best Regards!
Have a Good Trading Week!
Cream Live Trading, Best Regards!