Investing Advice

The Meaning and Importance of Tokenomics

11 Jul 2022 @ 08:11
As the name may imply, Tokenomics is a blend of token and economics. Tokenomics studies the economics of tokens. It is an all-inclusive and broad term used to cover all the factors that make cryptocurrency attractive to investors. It includes the supply and demand of the tokens, management, allocation, regulation, distribution, incentives, and many others. […]

Annual Forecast for Lloyds (2022)

10 Jul 2022 @ 17:48
Lloyds Banking Group Plc shares (LSE:LLOY) are weak, and the weakness has been going on for several months. From February 2022 until the present, any rallies in this market are simply opportunities to sell at higher prices. The ADX period 14 is above level 20, going towards level 30. This means the momentum in the […]

What Is Wrapped Bitcoin (WBTC)? All You Need To Know

05 Jul 2022 @ 14:39
Wrapped Bitcoin is an ERC-20 token. ERC-20 is an acronym that stands for Ethereum Request for Comment. Wrapped Bitcoin is an Ethereum ERC-20 token fully supported by Bitcoin. This is a way the Ethereum network offers Bitcoin holders the opportunity to take part in the rapidly expanding Defi ecosystem. Although Bitcoin is the first cryptocurrency, other Defi networks that came after bitcoin have...

Annual Forecast for Premier African Minerals (2022)

03 Jul 2022 @ 19:27
Premier African Minerals Limited shares (LSE:PREM) have not assumed a clear direction because the market is a kind of got stuck in an equilibrium phase. A breakout is going to happen very soon and that would be in favor of sellers, as the analysis below shows. Price is currently stuck between the upper and lower […]

The Utilities of Cryptocurrencies and Blockchain in the Real World

27 Jun 2022 @ 19:12
Some are of the notion that crypto is just overhyped, that it is of no or fewer uses. Some believed that crypto being a virtual currency has very limited uses. However, the truth is that there are many uses of crypto in the real world. And as technology advances, there are many innovative possibilities for the usage of crypto in day–to–day activities. These are very few of the uses ...

8 Things I Wish People Had Told Me About Being A Trader

23 Jun 2022 @ 23:49
Not everyone will be happy for you. The tall poppy syndrome is alive and well. Be careful who you share your dreams with, especially early on in your trading career. A dream is the most fragile when it is first birthed. Trading sounds glamourous, but it isn’t. The best traders follow the same routines day […]

A Dogecoin Investor Drags Elon Musk Into A $258 Billion Lawsuit

21 Jun 2022 @ 21:20
An American crypto investor by the name of Keith Johnson has filed a $258 billion lawsuit against Elon Musk at the federal court in Manhattan. He claimed that Elon Musk has used his influence as the world’s richest man to push and promote Dogecoin when it has no value. He alleged that Dogecoin is a […]

Struggling XRPUSD Experiences A Slight Drop In Price

20 Jun 2022 @ 17:10
Since the 15th of May, after the steep price crash, Ripple has been struggling; as its price action ranges sideways. Between the 10th to the 13th of June, we witnessed a slight, daily consecutive drop in price From $0.40857 to $0.31056. SUPPORT LEVEL: $0.3328, $0.29560, $0.28164 RESISTANCE LEVELS: $0.41653, $0.45513, $0.44444 Readings From Indicators The […]

Bitcoin’s Bullish Efforts Seem Pegged Around $30K

06 Jun 2022 @ 15:57
It is going to almost a month now as BTC/USD seems to be unable to break away from the $30,000 area. After the incident of BTC’s crash in May, the price action appears to be performing on a sideway pattern. The consolidation is around the $30,000 area. As at the time of writing this analysis, the price action is at […]

Annual Forecast for Standard Chartered (2022)

05 Jun 2022 @ 19:30
Standard Chartered stock (LSE:STAN) is an example of a strong, bullish market. Against all odds, price has been engaged in consistent bullish movements, since May 2022. The stock was also bullish in January and February 2022; while march and April saw flat movements. 4 EMAs are used for this analysis and they are EMAs 10, […]
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