Next Barrier for Ether $$665
Ether has been in the bullish run since it made a low of $308 & and First larger correction came when it doubled the value around $616.
I see potential for correction around $665 and if this area does not hold then only I would call it in a strong bullish run to pave away much larger potential.
As we all know the difference in trend and correction is patterns in which price approach diiferent levels and Ether is following the Path of rise correction , rise correction and visit to $665 will be three dives of equally proportioned. Price Usually Follow these patterns When Serious sell-offs are followed by hesitant participation of fear and greed.
I could be totally wrong but facts of trading lies between logic and managing your risk and everything else is a profit or loss. I see Pending Larger Correction from $665 to $720 level to atleast $460.
I manage to pick $616 area a possible barrier last time when Price visits the area at it was strongly pushed from that level as i marked with Red lines. Now Im eyeing a bigget correction from the levels that holds the keys and are too significant to ignored and I would keep an eye on Intraday Charts for good rewarding entry when Price approaches thaese levels.
Have a Good time and do post your thoughts in commemts section and I would do my best to cover myself...hehehe
Time to add more crypto to your portfolio..
Im writing this post amid umcertainty in cash and future markets. Despite of the fact that cash and derivative market is the most reliable and liquid, but due to recent sell offs and un ertaintly for indefinite period, I just cannot expect gold and future market to remain stable and trusted that It can fetch me good consistent profits as it has done in previous decades or so.
Uncertainty over the pandemic about how much more cash can be injected into economies to bailout companies suffering from lockdowns or are we witnessing unlimited printing till we get some relief from recent uncertain market conditions.
I dont expect a releif can be expected soon as we are approaching the last quarter of 2020 & if economies still requiring more cashflow from banks, then who will pay it back so that banks liquidations are not affected. It will results in more taxes, import duties, negative interest rates and higher lending rates.
As compare to future markets crypto markets has shown us a complete new way to get in charge of your own money as projects like Defi has managed to challenge traditional banking where banks have always work as intermediate between lenders and funders but now your funds are completely in your control, isn't it is the time to increase or shift part of your portfolio into cryptos.
Most challenging time for hedge funds and other liquidation providers who are still thinking about regularize crypto investments. For me, they are the one who are more exposed to uncertainties rather than retail investors.
I would like to know your thoughts on recent shift in portfolios or if you already.planned it then how much percentage of crypto investment are you planning..
Anger and Intolerance
If there is a worst enemy of human being or any living being ever exists, then it is well within ourselves. We never realize that stress that we built inside us, take the form of anger and Jealousy untill it is too late.
You can beat any enemy ever seen or possible have physique but the one which is hidden and behind every violence live well within us and we often spend whole life time without knowing the fact that Anger should be conquered first and then we can live a peaceful life.
If you wont able to get rid of your Anger & intolerance, then you start feeling annoyed with every relationship as time went by.
God once said," If human being never manage to become tolerant, then even after couple of weeks of God's company would start feeling irritative.
Question arise that Anger could be the outcome of living the life you never dream if or never get what you deserve but when these aspirations take the form of Anger, we might never get an idea.
Living a peaceful life requires control of mind and thoughts and bring a stillness in our life and that is what we usually never try out.
For me, Anger is like holding a hot coal with an intention to throw it away to someone else and we all know who will get burnt first.
Life is a process not a goal
We always been told while growing up that we need to take benefit of every opportunity that is being provided because once you make most of the opportunities being provided in early days then you can easily lead a comfortable life while enjoying every comfort out there.
This has put tremendous pressure on our shoulders to do more and more and we never realize how far we have come up meeting those.never ended expectations.
I always feel if you have to live a peaceful then you must feel comfortable with what you have rather than keep expectating more as you never be able to achieve everything you dream for.
Life for me is a complete adventure where you just need to enjoy everything around ans this process just not about working for your own desires accomplishments and comforts. Life is about giving more than you attain or achieve. Its about watching everything that is there only for you, then only you will realize the true purpose of you being here.
Why I love to eat fresh fruits and vegetables.
Why I love to eat fresh fruits and vegetables.
I would like to share my daily diet and healthy tips so that you can enjoy your life and healthy lifestyle is the only key to long life.
***I usually don't like or recommend eating anything after 7p.m irrespective of which part of the world you live in. Avoid eating after 7p.m and even try to take as much fresh diet as you can throughout the day.***
***As per research Fresh Fruits and vegetabl***es took only 2-3 hours to get out of digestive system but cooked meal took more than 18-20 hours to go through digestive system and then through waste and out of the body.
As compare to cooked food like vegetables & other vegetarian food, meat & fish take more than 30-34 hours to go through the digestive system, putting so much load as more your digestive system put at work, less the immunity left to fight with other diseases and bacteria.
Research has also shown that food that you cook need to take within couple of hours after it is cooked to make sure it provide enough nutrients to your body that you require, otherwise you won't get enough proteins and minerals that your body requires out of the food we take .
Below is the list of our regular intake and how much time it takes to go through the entire digestive system.
***1.. Fresh Fruit and vegetables (2-4 hours)***
***2.. Cooked vegetables and other vegetarian eatables (12-14 hours)***
***3.. MEat and Fish and other non vegetarian eatables (30-34)***
Let me know in comments how much you know your digestive system and how much your of fresh fruits and vegetables you use to take in your daily routine.
Are we facing the worst bank crisis in history after 1933
***Are we facing the worst bank crisis ?***
***My thoughts are that we are heading towards more bank defaults in coming months. Reason being indefinite amount of stimulus packages & companies around the world getting insolvent.***
Banks usually rely on funds and when you have estimated figures of GDP growth and those estimated figure are used to make loans and amount is recovered in interest and spent in other liquid assets and pay off the Treasuries to settle the yields.
But as banks have spent lot more in stimulus to make sure we don't face another recession & mostly all the banks have gone in the negative territory when it comes to interest rates and GDP assumptions for next few months has gone in negative territory.
How could we get economies back on track as We have still not manage to get the proper way to get out of this pandemic & Travel and Hotel industry are still looking at more packages to bail them out of this situation.
***What are your thoughts on recent situation in your country ? Do you think banks have better solution to get out of this crisis or banks should keep printing more & keep providing more liquidation to public to make sure they don't panic.***
Trezor wallet is must for everyone
If you want to go a long way and invest in promising projects,then you need to have patience before results start to appear.
I invest in few projects like AWC & OGN and it was important for me to keep the coins in the safest place and wait for the price to trend and decent enough so that I can manage to get results for my investments.
I decide to buy a trezor hardware which costs me around $230 at that time but now it way cheaper and costs nothing more than $60-70.
I just plugin the trezor enter the key and note the private key and store both the coins after generating new addresses.
My whole investment and cost of trezor cost me hardly around $650. I wait for the price to start trending and after couple of years I manage to sold half of my invetment around $2.3k.
Point here is that if you manage to work around sites and manage to store crypto,then You need to buy a hardware wallet to start accumulating and investing by time. Things can turn around anytime and this could best ever investment you could ever made.
Trezor wallet can generate random address of corresponding coin and there is no limit to store and generate address and you dont beed to go online to check the stored amount.
You can just copy the address and start receiving any correponding amount and transactions will be receicved instantly.
Trezor wallet has already more than 200 default coin addresses saved but you can add any coin if you know the coin contact address, Token Name and decimals.
In case you have any doubts or want to know more about Trezor, please feel free to write in comment section
19 Years of Horrible attack that shock the world
9/11 Worst Terror Attack in History
I still went in shock when i think about that day & Today it has been 19 years of terrible attack that Talibani planned.
Who could have forget that day. I was in College at that time when that happens & really feel for those who lost their lives in WTC.
Some are still fighting with life as one of my close friend'd Dad was in that tower & luckily he survived but still fighting with life as he lost both his legs. RIP everyone to those who lost their lives
**Spread love, not terror & learn to bring a smile on someone's face everyday...**
Mainnet is schedule to go live in 77 hours
I know it has been hard time for ether network as transaction as well as fees has become a big issue.
But there is a good news for users all round that a competitor to.ether network and mainnet is schedule to go live this Monday September 14th 2020.
Seriously, I never seen any network go live as I was sort of new to crypto when ether first smart contract was released.
Seriously, this truly will be a history of events as mainnet and DeFi tie up for speedy and cheap lending protocols. Hope, I will post more.about that when the mainnet network went live completely.
Im the way and only Im the way.
when you leave me I use to say come back yo me, Im the way
When you see nobody around, Just turn around,Just Turn around ,"Im the way.
Life show me the path and I just work around to know there is no way Im walking that path, coz coz I'm the way, Im the way
Time has come to think Ahead of Ether Network
Time to shift from Ethereum network to Tron Mainnet
I know its seems crazy for someone who has been using Ether, but we never new when there is a need of change. Ether is the most underperformer asset in crypto portfolio in the past couple of years.
Ether network is facing congestion as well as Higher Gas issue which has forced most projects think ahead of ether network rather than looking for solution.
Now the problem arise is which are the network that can probably replace Ether & be a tough competitor which guarantees a stability and performance for longer periods.
1. Cardano.
*Cardano is one of the most promising blockchain projects in smart contract network. It is way ahead of ether when it comes to scalibility, security and speed & Governance.*
Interesting thing is that Cardano is concept of Charles Hoskinson who is one of the co-founders of Ether & it is based on scientific philosphy & with a research-driven approach Cardano token (ADA) is a blockchain technology which deals with current scalability and sustainability
Compared to Ethreum Cardano use the PoS algorithm through which it deal with issue which ether has been finding diffculty with which is scalability.
It is must for all of us to keep an eye on recent developments as Cardano is not just a smart contract platform, it is a revolution.
It will be best alternative to Ethereum even ahead of TRON , when it comes to scaling, reliability,security and sustainability.
*2. Next on the list is EOS technology*
*3. Third one is my favorite one and I prefer as the best alternative to Ether which Tron (TRX) mainnet*
I'll cover these two topics in my next post & would like to know about your comments which provides me an idea about which topic and technlogy looks impressive and better to be more ellaborative on the topic
BCH and SLP tokens only solution for speed & Charge
I have seen lot of projects are moving to be a part of rapidly moving De-Fi system. De-Fi is relatively nee to.the market and it takes time for.investors and users to understand its protocols and pools and return.
DeFi Largely depends on Ether Network
Defi system reliability on Ether network use to Network to think ahead of Ether. As I said ether is just work as source of funding as Network can still look for alternatives for speedy and low fees Network and Perhaps TRON Network Mainnet would work best for DeFi Chain.
BCH is another and best alternative for DeFi.
For me, If there is a crypto that can provide solution to DeFi then it is BCH. Bch is low fees rapid fast network which can be used to Store SLP tokens. I will cover the process and uses in the next post
Option Trading the biggest Scam of Financial Markets
I know that sounds shocking to some, but I would like to alert you all if you are planning to put your investments in options trading. One thing you all must know that Option trading is the biggest scam.
We usually get so many ads these days about binomo, IQoption which use to claim that you can earn millions with startup investment like with $100 or more & you just have to bet crosses like Euro, pound & even cryptos & the result will be there in 1 minute to the time period you select.
As a trader, I always take a trade once or twice a month & you can never look to trade more than that if you want stable income or looking for a career in trading. Short term profits are usually taken away in one trade & once you make a bet a in options you have no choice to reverse your decisions and specially on 1 minute chart.
You must use your brain as brokers in options have all the data feed of longs and shorts.
They don't provide data feed directly to exchanges for that short period of time & hence they move the pair in opposite direction of more favorable bets. I will cover more articles on option trading scams and will advice everyone to stay away from option trading and start normal trading and work on your Risk management & build skills and take your time testing strategies that work in longer time periods.
Ether price prediction Next Move towards $284
I've been watching ether moving from the high of $497 to $306 to be percise but as recovery from that level is loosing momentum or one could say running out of Gas, I would like to target my next short term move towards $284.
From that level of $284, We can expect some strong recovery attempt. Ether sell off is the was on the cards becaise of highwr gas issues and congestion in network. Now, as investors has started to look for mainnet as another substitute of Ether offered by TRON Network, Ether investor has started to liquidate their positions and hence it results in massive sell off Ether market has lost more than 30%, Since Thursday Last week.
I'll cover up more on this topic in my upcoming post . Tron Mainnet launch is ready to be launched in September 15
Getting back ro Ether, I've not seen any serious attempt by bulls since the low around $80 level and If I get a chance then I would suggest selling again around $440 level with small stops. Watch The Price Action and tell me in comments how to feel about Ethereum Technicals.
More to come on Technicals in coming days.
Crude oil Future heading to new multi year low next week
How we are anticipating the biggest market in the world. Oil market offers lot of opportunity as it is one of the commodity that always remain in future because of its supply and demand.
Oil has suffer biggest decline in demand since 2009 Crisis amid Coronovirus Threat
I'm hereby would like to draw attention to traders which loves to trade Crude oil or even want to make a living trading just only Crude (Thats what I'm doing since last 5 years of so. ) I usually take couple of trades on average in Crude in a month and make a good profit with it .
My bet on crude would be from 53.40 level to 47.00 level in coming weeks and months. Strategy would be shoring oil from 53.42 & putting stops just above 54.00 critical level & taking profit partially on 49.30 level and rest on 47.40 level.
Stay tuned for more Classic Crude Trade because that what I like !!
Where Crude Oil is heading in Tensions
Lot of tensions Globally putting pressure on Crude Oil
I have really surprised by Crude oil current price. For me, Crude is too much overpriced currently. Reason being the U.S Sanctions on Iran and lot of countries using crude to pump more manufacturing and promoting exports. But things will change too rapidly now. I was short Crude from 63.00 level and still holding my positions (Level can be seen on Chart ) I would surely add one more position, when price test 57.70 level, which I think is a great possibility in the next week. Crude will put lot of pressure on Cryptos specially when Iran using it for payments to various countries and it has become the primary exchange currency for Iran and it will be adopted by lot of Gulf Countries, specially If U.S keep putting sanctions on them.
@Aman
