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Showing posts with the label Crypto

Manipulating the coins

 Since there is no authority to control or tonoutnthe regulation on crypto world, the manipulation can be observed. This is due to the fact that people getting greedy. They never let them self to settle for enough money, instead they go for profit ad much as they get. People with large sum of money manipulate the market by pumping and dumbing the shit coins.

TA and FA

 For a short term use in assets, we can use technical analysis. It gives us a brief Idea about where the price is moving and how fast they are pacing. It use more useful in short time frame trading. For long term Fundamental analysis is needed.

Price manipulation

 Manipulation in crypto is a common thing. Whoever with a big follower base can alter the value. It is not that great. There are some problems related to it. When we see someone with tones of crypto investment, we could observe the variation in the asset value when he withdraws. This is the case with every asset which is open to investment. And by pouring his money into the asset makes its price surge. When he couples with some other investor, the power becomes stronger and it is hence easy to manipulate. This is actually the migration of power to those who have more. But Bitcoin came into existence to cease this same thing, a central authority being the decider of price movement. It takes a good diversification to adjust the growth rate of cryptos. An asset being easily subjective to manipulation is not a healthy investment to think about. Because the person who holds more possess more power and manipulation is easy to practice. He can make a small retail investor poor or rich with p

Short term pumping

 The Internet opened a lot of ways to do a job. It opened opportunities for a lot of people. The business started to grow fast and the pace of everything related accelerated. It is no new thing. Whenever a disruptive technology disrupts the industry, it collapses the whole factors that were meant to be the status quo. As it touched and changed multiple industries, it also changed the way of making money. The Internet alone creates half of the billionaires living today. In fact, if we look at the top 5 richest people in the world, four out of them were internet accelerated billionaires. They are promising a better future through the development of the internet. Among this revolution, a lot of people found their way of crookedness in making money. One such thing pumping the price of an asset with the support of a strong community. That is clear manipulation. But when it comes to a decentralized asset, it is quite legal and good for short-term gain. By decentralized assets, I clearly

Venture and problem solving

The criteria for a long term business success lies in solving a problem. When the business is qualified, by certain customer standard, to solve the existing problem or that is about to exist, we can say that there lies a bright future. Because solving a problem is the riskiest one when compared to being in a community of problem solvers. Bitcoin came as a solution for many problems. Problems of being controlled by financial authorities while making a monitory transaction, the time lag between the transfer, heavy transfer charges and concern of security problems. It is revolutionizing. Because once we verge to make this solution as proliferating as possible, we can find much better problem for a much better solution. Etherium being the future contract provider solves advance problems. In the midst of these, as glittered by the success of these fundamentally strong cryptos, many found opportunity to grab the pie. They created altcoins with no purpose, but they listed In the exchanges su

Afraid of crypto

 Because of the failed attempts to make new technology at bay, the authorities are forced to use it. In all cases it benefited everyone. So no one got the frustration of being left behind or not up to the mark. But this not the case when it comes to cryptos. Because of the ravaging feature of decentralization, it became a nightmare for the central authorities. The fear of economy not on the hands, looking from their side is daunting. All these years the most powerful tool used to control the economy is now shifting. But some of them are mistaken and eluded under false interpretation of crypto lovers. It is not the digital existence that’s what people find most attractive, it is the decentralization. With no authority to trench and peep, it is safe. Since there needs no validation from any officials, it reaches right away into the person at the opposite end. The growing popularity of crypto is also the reason for growing concerns of financial authorities. A messed up financial country,

When dominance ceases

Whenever a transaction to happen, it must have to go through a lot of unnecessary procedure. Those procedure making the transition difficult was a major barrier and third party intervention is unbearable. But by using crypto, it could be reduced. The amount of time and transactions. We love simple and time saving methods. With the universality of cryptos, it is even enticing to use it. Manipulation through monetary power now becoming fragile. Which is a kind of threat of the governing authority. Because the amount of wealth that these authorities are making contributes a significant growth. The growth of GDP by taxing the transaction is a very good example. Even in third world countries the main problem people face is their own currency which is weak and less in demand. Even when they earn lot of it, considerable amount of time is needed to convert the currency when doing large scale business. That is not soothing at all. With dollar dominant over the world, its demand as well as price

Decentralization is near

How decentralization became a necessity should not be perceived as a novice movement, it is log forgotten suppressed once. When nation became a supreme power of dominance, they decided to peep everything that the citizens are doing. They may be feared of citizens turning against. But that inquisition started proliferating and now expanded to more personal level. From every Google search to monetary transactions, the record is well kept by the authority. I’m not emphasizing at the dictatorship, but even the democratic nation practice this. That say it’s a matter of security and gained the rights forcefully. With little as much power of an individual or a group it is almost impossible to not to rely upon the government and live. But the technology disrupted even the democracy. Making democracy as democracy.   Now decentralization became a necessity and could be attained by anyone with the help of technology. Transferring messages without the involvement of a third party hand and no delay

The crypto method and concern

With the promise of making finance and its concern more secure, cryptos are gaining popularity. Especially in the gaining popularity of bitcoin, large sum of money is pouring into it. The traditional means of carrying a paper currency due its certain limitation is less in demand. Besides the way to deal with commodities and goods internationally it tough to manage. The increasing inflation is another concern. Amid all of these limitations people still choose to go with paper currencies, even the governments for worst. Government has its own concern over losing power over peoples money transactions and the threat laying over the banking sectors. Those concerns are valid to reason upon because of the burst of large unemployment. But the flipside is so enticing. The increasing number of people talking about it is a great example. Within this decade about one in seven people in the world would migrate to cryptos. That is a huge market. So, there is nothing to wonder about billionaires pour