The price of bitcoin has grown from about $1000 at the beginning of this year to currently over 15 000 US dollars. Just in October one Bitcoin cost around R60 000 in rands, now it hovers at around R240 000 and R250 000. Similar to markets the bitcoin responds to developments, and the recent surge is speculated to be due to the announcement by two global markets that have announced their intention to legitimatize it as an asset class for mainstream investors. With us in studio is Mpho Dagada, the author of “How I Became a Millionaire at 21, Bitcoin”.
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This is not financial advice, I am just giving you my opinion on what can help you get started in the Forex & Crypto Markets!
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**DISCLAIMER**: I am not a financial adviser nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
#Bitcoin #BTCUSD #Trading
There is a fundamental pattern to everything growing in the universe that can be used to get an edge when trading the markets. This pattern is found in the Fibonacci ratio. The technical analysis we use to predict the next move of any asset is very unique as it uses what you probably have seen already in his horizontal version, fib retracements. We do use the same ratios, but in vertical fashion. That makes it much more difficult to use as we need to find the exact angle, separation and location of those lines, but when you find what we call “The truth”, predicting the next move becomes a piece of cake.
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01:54 What network marketing is not
02:44 Sell the product or sell the opportunity
03:44 How it works
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07:50 John Rockefeller
08:44 Selling the product
09:35 Selling the opportunity
11:30 Selling the lifestyle
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