Start trading today using my free guide @ mytradingplan.org
@marketadventurespodcast on ALL socials
“Creating a 5 Star Course From Scratch” is a masterclass on producing and selling courses quickly and profitably. Learn how you can make a living income, and build your wealth through teaching others what you already know.
Take 5 seconds to share this show with friends and family. Don't tell them why, just share it. If yah know, yah know
Get $5 for free @ thesavings.club to get automatic savings started towards your goals
$GOLD. Target is $28, stop loss at 23.67. The chart looks good to me. Looking for strength in the breakout above the range it was trading in. Now holding 2 bullish positions, one on $Gold and a Bull spread on $AMD.
It will not replace gold. At the end of the day, regardless of the progress of technology, we are humans. We like shiny things and the feeling of ownership. There’s nothing that says that more than Gold.
However, it would seem the market is beginning to see Bitcoin increasing as a safe-haven from the devaluing of the dollar we see in the markets right now.
Shortly after the 1st episode I released, Bitcoin took a dip down. If you had bought the dip, you’d be up 250%. I didn’t.
Paybal, Blackrock, and other big names in the financial industry have started to move on Bitcoin. However, as we know from our trading school, news ALWAYS comes out AFTER the moves.
News drives prices up as retailers rush to not miss out. This creates a market for POTENTIAL selling.
It doesn’t mean there will be selling, it could keep going! But the hype increases the potential for such a thing because someone is going to want to take profits.
However, with more and more of Wall st. coming into the space it would seem the currency is starting to get stronger support.
