Saving money is Important
Investing can be fun and very lucrative, however at times it is hard to find ways to make more money to invest, sure you can liquidate some assets to come up with some capital but how about saving money to invest? Today I am going to share with you several ways to save money so you can buy more stocks, crypto or whatever asset you want to invest in.
What are the attributes of a stock market crash? Today markets around the world are falling sharply, this is mostly due to Covid-19 variants and other economic factors, here is the anatomy of a stock market crash, note that this also affects Forex, Cryptocurrencies and others.
Stock Market Crash Due to Covid Fears
What makes a market fall?
Silver and Gold Bullion
Gold and Silver investing is considered a great and safe asset and a hedge against inflation. However it is not as safe as bonds and a certain degree of research has to be done before plunging into it. The reason why gold investments have a slight degree of risk involved is that the value of gold does not necessarily have to be high or stable. Gold generally is considered precious and is costly due to its rarity. If for some reason the markets are flooded with gold, it could very easily depreciate in value. However generally, its value remains stable or may even inflate with time, the same applies to Silver.
Did you know that in the world there is a great variety of forms of payment, usually we are used to receiving money from your employer and most of the time your money is deposited into a bank account, once you collect your money then you go to a cashier and you get cash, this is what people do regularly.
Bitcoin
Day Trading Chart
Regardless of your trading style; day trading, swing trading, or position trading there is a simple step by step plan you can use to improve your odds for success, remember that trading is a game of probability, your job is to increase your chances of making a profit and lower your risk, today I am going to share with you tips that will help you become a profitable trader.
Trade Forex
Forex is a completely electronic global marketplace for currency trading, in which you can invest 24 hours a day (from Sunday to Friday). It is a decentralized market in which a large number of participants from all over the world operate (banks, companies, financial institutions, retail investors, etc) and therefore offers great liquidity that makes it a good opportunity for investors, Forex is a multi trillion dollar market that offers the opportunity to make money.
To invest in Forex we need to open an account with an online broker that will be in charge of executing the operations of purchase or sale of currencies that you request and will do so in exchange for a commission (known as spread and is based on a small differential between the purchase price and the sale price). Oanda is one of the most popular Forex brokers in the United States.
Top Investments of 2021
What was your best performing investment of 2021? For me it has been Dogecoin!
More on this story here:
https://cryptocrunchapp.com/news/intelligence-giant-microstrategy-adds-additional-271-bitcoin-to-balance-sheets
What is your next move, which Stock or Crypto should we invest in next for 100x returns?
is Bitcoin a buy?
CEO Michael Saylor continues policy of buying the Crypto asset at set intervals.
The latest purchase comes as the leading cryptocurrency faces challenges from one of its most vocal corporate backers. Wednesday, Tesla CEO Elon Musk suspended the electric car-maker’s bitcoin payments policy because of environmental concerns. Bitcoin plunged to as low as $46,294.72 before recovering to about $50,000, where it now trades, suggesting Saylor’s latest purchase preceded Wednesday’s news about Tesla.
Full story here:
https://www.coindesk.com/microstrategy-keeps-buying-bitcoin-adds-another-15m
Stock Market
Tech stocks selling off because of inflation concerns, some Cryptocurrency is being affected as well.
Are you exiting any positions or adding? Today I bought more shares of HP $HPQ and Intel $INTC.
Read the rest of the story on CNBC below:
Good morning! Today I have added a position to my Cryptocurrency portfolio on Coinbase Pro, I purchased Filecoin or FIL.X for $197.35 dollars, now the strategy here is to dollar cost average or DCA since this coin is overbought but currently down 15%.
Once I am comfortable with the amount accumulated the plan is to sell once it hits the 52 week high.
Here is what the Filecoin USD chart looks like:
Filecoin – Javier-Ramos.com
Note that this is not financial advice, however I do believe that there is good upside potential around the $225 dollar area, if this Cryptocurrency continues to dip I will continue to buy in small increments until the trend changes.
Let me know via a comment which Crypto you are buying or selling, please bookmark Javier-Ramos.com and come back for more Crypto and Stock Market day trading and investing tips, if you would like to be added to my newsletter please send me an email: contact@javier-ramos.com