What the others say about the Cryptocurrency
trade and investment
Suthep Chaviwan
Before writing this crypto news, I would like to start my comment with the sentences that cryptocurrencies in Thailand are unregulated by both government and relating agencies; the Finance Ministry, Bank of Thailand, and Securities and Exchange Commission (SEC).
You should carefully study before you decide to invest and will lose if you have invested and trade.
Last month, before the end of 2021, many crypto gurus and experts in cryptocurrencies said that at the year-end, bitcoin would hit $100,000. But on that day, Dec 31, 2021, it opens at $47,169.37 and the highest price is $48,472.53.
Today, (January 27, 22). A bitcoin is at 37,090.04*USD. It's far from reaching $100,000.
However, global investment bank Goldman Sachs has predicted that in the first week of this month, January 2022, the price of bitcoin could reach more than $100,000 within the next five years, while other gurus and bitcoin experts predicted the bitcoin market price will hit $100,000 within mid-2022.
Now, it is a bearish market for all cryptocurrencies. But it should be a time that the faithful believers in cryptocurrencies to invest more in the principle that buys when they are low, sell when they are high. But they must also know the risks of trading and warnings which said that cryptocurrencies are volatile, unexpected changes in market sentiment can lead to sharp and sudden moves in price.
Anyhow, all of us have our rationales in conducting lifestyle and doing business, particularly the business in trading and investing in cryptocurrencies, but some investors may not care much about the volatility and fluctuation of crypto trading.
Traders should realize that nothing is permanent, even the so-call stable coins, which pegged their value to the fiat money are not stabled. So, don't depend too much on anyone in this world, digital or stable coins; stable coins are not that stable!
We should remember not all are successful investors and know that cryptocurrencies can be hacked.
The crypto scams are also the top threat to investors. If you are a cryptocurrency investor, you should be prepared to lose all of your money.
Suthep Chaviwan/Jan 27. 2022
Risk warning: While many investors have enjoyed success with cryptocurrency, successful in prices of fluctuating on any day. You may gain or lose the value of your assets at any moment. You will lose all your money in crypto or gain less than you have invested if you do not study. Anyhow, you must understand the risks before you trade and invest in cryptocurrencies.
Crypto education at your fingertips, studying them!
Suthep Chaviwan/March 4, 22
I like the Bible verse "Ask, and it shall be given to you; seek, and you shall find; knock, and it shall be opened to you" (Matthew 7:7) as I understand it is involved with our daily life including education, the informal education that I get from searching at the Google.
You will certainly get much knowledge from "Google Search" if you have the mindset and want to know the specific knowledge that you want to know. If you want to know about crypto news and relate the know-how of this digital knowledge, they are already at your fingertips by touching your smartphone or looking at your laptop and desktop computer.
Unfortunately, without the internet, you will never get such information and you can't do anything with a cryptocurrency.
At present, there are hundreds of websites and social media all over the world where you can access cryptocurrency news.
Among the best crypto websites to find reliable, relevant, and timely content on cryptocurrencies are:-
CoinMarketCap. ...
CoinDesk. ...
CoinTelegraph. ...
CCN. ...
Blockonomi. ...
News. ...
Bitcoinist. ...
, etc.
The mentioned websites and social media coverage across assets, technologies, concepts, and regulations.
They have curated crypto news and are ready to be delivered straight to your inbox with what you need to know, not only crypto subjects but also business world news.
They are online education, you can study from home and learn all subjects that you want to know. Many websites also offer free crypto courses and certificates will issue to those who graduated from their curriculums.
Many well-known universities in the United States also have distance cryptocurrency courses that cover block change and relating subjects at all levels.
To complete the cryptocurrency course and earn your certificates, normally you must study the following subjects.
-Algorithmic Cryptocurrency Trading, Mining, Wallets, Exchanges, and Blockchain.
- Cryptocurrency Technical Analysis, Advanced or Professional Traders.
- Blockchain in Business (Online): Beyond the Hype.
-Understand the Opportunities and Challenges of Blockchain Technology.
If you have no aim to get degrees or certificates, you can learn by yourself, the distance courses, but you need to discipline yourself.
If you concentrate only on the basic subjects; learn to understand the trading strategies, the basics of day trading or intraday trading, knowing the scalping and swing trade, you need not pay the educational fees as some online schools are offering such free courses.
If you are the crypto newbies, but are enthusiasts and are seriously want to learn about crypto in your daily life and willing to spend several hours a day to study the subjects. It will last about six months, you will become crypto savvy or crypto influencers.
Suthep Chaviwan/March 4, 22
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