Finance

Finance

Bitcoin ‘very bearish’ below $22.5K, says trader as BTC price dives 6%

Bitcoin (BTC) fell rapidly on Aug. 19 as the culmination of a week’s sideways action ended in disappointment for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView New lows “just a matter of time” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dropped 6.2% in a single hourly candle. Reacting, traders hoped that a rebound could allow …

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Buying a House With a Friend as an Investment: 5 Common Issues

Buying an investment property can be a smart financial decision. As you pay down debt, you accumulate equity in a property that ideally appreciates over time. Then there are the tax benefits. You can deduct your rental costs from any income you earn, including things like mortgage interest, property taxes, insurance, repairs and maintenance, and property management; it all saves …

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Weak address growth points to Bitcoin price failing to sustain $25K

Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows. As the dust settles on a 6% comedown for BTC/USD, analysis argues that its trip to $25,000 was never meant to last. Realized price comes back to haunt the BTC chart After taking some by surprise with its magnitude, the latest …

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Using Pivot Points in Forex Trading

The pivot point and its derivatives are a tool that provides forex traders with potential support and resistance levels and helps minimize risk. Using reference points such as support and resistance helps determine when to enter the market, place stops and take profits. However, many newbie traders pay too much attention to technical indicators, including the Moving Average Convergence Divergence …

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A Logical Method of Stop Placement

Trading can be considered a game of probability. This means that every trader will invariably get it wrong sometimes. When a trade goes bad, there are only two options: accept the loss and liquidate your position, or double down and possibly go down with the ship. This is why the use of stop orders is so important. Many traders take …

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Can Web3 be hacked? Is the decentralized internet safer?

Web3 came into existence posed as a blockchain-powered disruption to the current state of the internet. Yet, as a nascent technology, a fog of assumptions plagues discussions about the real capabilities of Web3 and its role in our day-to-day lives. Considering the promise of a decentralized internet using public blockchains, a complete transition to Web3 would require scrutiny across several …

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How Do You Use DCF for Real Estate Valuation?

An analysis using discounted cash flow (DCF) is a very commonly used measure in the valuation of real estate investments. Admittedly, determining the discount rate – a crucial part of DCF analysis – involves a number of variables that can be difficult to predict accurately. Despite the difficulties, the DCF remains one of the best tools for valuing real estate …

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Plug Power (PLUG) Consolidates After Neutral Rating

Shares of Plug Power Inc. (PLUG) fell more than 5% during Thursday’s session after JPMorgan began hedging with a neutral rating and a price target of $60.00 per share. Key points to remember Plug Power shares fell sharply after JPMorgan initiated a hedge on the stock at Neutral with a price target of $60. This decision follows a 50-50 joint …

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What is a trading journal? And how to use one

Monitoring price changes using charts is one way to stay updated on the market trends. However, technical or fundamental analyses and tracking other market metrics are not the only means of becoming a successful trader. For example, a disciplined approach that includes maintaining a trading journal would protect you from making emotional decisions concerning your financial investments. In this article, …

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Stock Market Opening Times Around the World

A stock exchange is, by definition, a market where stocks can be bought and sold at certain times of the day. It functions as an entity that provides orderly trading and efficient dissemination of price quotes for publicly listed companies. Exchanges generally take place from Monday to Friday. The Saudi Stock Exchange is an exception to the rule, since it …

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