Die Europäische Union sorgt auch in den sozialen Medien für mehr Anlegerschutz auf dem Kryptomarkt, indem Influencer zur Offenlegung ihrer Interessenskonflikte verpflichtet werden.
This is the best way to trade cryptocurrency
Cryptocurrencies are a new and exciting investment opportunity, but it’s important to do your research before buying in. Cryptocurrencies are very sensitive, and prices can go up and down quickly. There are various cryptocurrencies on the market, so it is important that you choose the one that suits you best. Once you’ve found the perfect cryptocurrency for you, trade the same way you would with regular currencies.
Cryptocurrency – what is it and how does it work?
Cryptocurrency is a digital currency that uses cryptography to secure transactions. Cryptocurrencies are decentralised and do not exist in any physical format, making them more difficult to track and counterfeit. Bitcoin, the most famous cryptocurrency, was launched in 2009 and has since grown rapidly in popularity. Cryptocurrencies are often used by people who want to do business outside of the traditional banking and financial system, as the transactions cannot be traced back to any specific person or organisation.
What does the future look like for cryptocurrencies?
It is difficult to say what the future holds for cryptocurrencies, as there are many different factors that can affect their development. Cryptocurrencies have the potential to be a very big part of the future, but there are also risks with them. It is important to think through all aspects of cryptocurrencies before investing in them. And since digital currencies are not regulated by the big banks, they do not have the same protection as fiat currencies should something unexpected happen in the market. It is something that everyone should take into account when thinking about crypto investments.
With this in mind, it is important to never invest money you cannot afford or to borrow money to make these investments. It could end in big and troublesome problems both now and in the future.
Cryptocurrencies – A Beginner’s Guide
Cryptocurrencies are digital currencies that use cryptography to secure transactions. Cryptocurrencies are not regulated by any central authority, and there are several different types of cryptocurrencies.
Bitcoin is the most famous cryptocurrency, but there are also other types of cryptocurrencies, such as Ethereum, Litecoin and Ripple. Cryptocurrencies work in the same way as regular currencies, but there are some differences.
Cryptocurrencies are mostly used for internet payments, and you can trade them in the same way as you trade regular currencies. However, cryptocurrencies are not as stable as regular currencies, and the value of a cryptocurrency can fluctuate greatly daily..
What is a good cryptocurrency trading strategy?
There is no one strategy that is best for every situation, but there are some basic principles that can help you succeed in cryptocurrency trading. First of all, you need to learn how the market works, and this means that you need to read a lot of information about cryptocurrencies.
This can be difficult because there is a lot of technical information that can be difficult to understand. This is why it is important that you find a good resource to learn more about cryptocurrencies. Another important aspect of cryptocurrency trading is risk management.
You have to be prepared to take some risks when trading, which is why it’s important to have a good risk management strategy. There are several different ways to manage risk, and you need to choose the method that suits you best. Finally, you also need to make sure that you have a good plan for how you will invest your money. There are several types of investments, and you need to choose the type of investment that suits you best.
What are the risks of trading cryptocurrency?
Cryptocurrencies are very risky investments. They are not regulated by any central authority, and there is no guarantee that you will actually get back the money you invest. Cryptocurrencies are also very sensitive, which means that prices can fluctuate greatly, both up and down.
This feature makes it difficult for investors to know when to sell or buy the currency, and there is always a risk of losing money. There are many different cryptocurrencies, and it is important to do your due diligence before investing in any of them. One should also be aware that cryptocurrency trading is highly speculative, and there are no guarantees of profit.
The post This is the best way to trade cryptocurrency appeared first on CoinJournal.
The Graph token price prediction after a 12% jump
The Graph token (GRT/USD) rose by a dozen percentage points on Thursday. The token was among the few gainers on the day after a market drop following the Fed’s rate hike. CoinMarketCap showed a surge in trading volumes, coinciding with the price surge. The gains elicit the question, how sustainable is GRT?
The Graph claims to be an indexing protocol. Users can use the platform to query other networks, including Ethereum and IPFS. The protocol allows anyone to create and publish subgraphs, or open APIs, further broadening data decentralisation.
Alongside the investor interest on Thursday, The Graph was projected to benefit immensely from the Ethereum Merge. However, since the Merge, GRT price has been a beaten-down cryptocurrency. That’s because of the querying function that The Graph provides to Ethereum. Consequently, The Graph has been recognised as key to Ethereum’s scaling plans.
The gains in The Graph underline positive expectations the protocol will play in the post-Merge period. Going by the fundamentals, investors could see the Graph as a favourable investment in the PoS ETH era.
GRT meets resistance after the intra-day gains
Source – TradingView
Technically, The Graph token has met resistance at $0.092. The token is undergoing a correction at the resistance zone. Although it broke past the resistance, a close of the daily candlestick below could invalidate a bullish view. However, the RSI remains above the midpoint, implying buyers are still active on the token.
What next for GRT?
The cryptocurrency has to clear the resistance level to consider a buy attractive. We need to wait for the close of the daily candlestick to assess the next price direction. A bullish breakout will allow buyers to target $0.10 and $0.12 next.
Where to buy GRT
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
Capital.com
Capital.com is a global broker which offers over 200 cryptocurrencies for its users. It comes with a range of features such as; great security, 24/7 support, demo accounts and a wide variety of assets. On top of that, it also has no inactivity, withdrawal or deposit fees, which makes it stand out from other crypto brands.
Buy GRT with Capital.com today
The post The Graph token price prediction after a 12% jump appeared first on CoinJournal.
Is Ethereum now bearish after the Fed rate decision?
Ethereum (ETH/USD) lost an intraday 1.70% on Thursday after a Fed interest rate decision the previous day. The Fed raised rates by 75 basis points. The hike was largely expected, and potentially, the news was priced in the market. However, additional comments raised scepticism that saw most cryptocurrencies fall.
As the Fed continues to fight inflation, officials hinted at more moderate rate increases. The tone was slightly hawkish as investors had hoped the Fed would move slower in the wake of recession concerns. The comments were also not the most hawkish, as the idea of aggressive tightening wasn’t evident. The statement, however, meant that investors must brace for higher rates longer, which spooked markets.
The lower trading of ETH from an intraday high of above $1,600 underlined caution that gripped markets. As of press time, ETH was trading at $1,530 with weakening momentum.
ETH recovers slightly at the 61.8 retracement zone
Source – TradingView
Applying the Fibonacci retracement levels, Ethereum’s swing high lies at $1,663 and swing low of $1,158. The possible retracement levels are $1,227.99 (23.6%), $1,351.61 (38.2%), $1,411.11 (50%), and $1,470.61 (61.8%).
The price is showing some upside close to the 61.8% fib level. However, the momentum is weak, with the price showing little upside. The MACD indicator is bullish but also shows weakening momentum.
Which is the likely price level for ETH?
With the weak momentum, it is unlikely that ETH will recover at the current level. Although the price could recover at the 61.8% fib level, we consider the 50% fib more likely. The latter coincides with a support zone, making it a realistic target.
If ETH reaches the 50% fib level, buyers could look to buy around $1,400 to $1,450. Still, we cannot consider ETH price bearish as key level (s) remain intact.
Where to buy ETH
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
Skilling
Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.
The post Is Ethereum now bearish after the Fed rate decision? appeared first on CoinJournal.
„Das ist keine Finanzberatung“: Haftungsausschlussklausel schützt nicht vor strafrechtlicher Verfolgung
Australische und amerikanische Anwälte für digitale Vermögenswerte erklärten gegenüber Cointelegraph, dass im großen Ganzen jegliche Haftungsausschlussklauseln nutzlos seien.