Effects of FOMO on the Cryptocurrency Market

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Cryptocurrencies are one of the biggest markets operating on a global scale. Being a global market, they get influenced by a large number of factors. Some of these factors include the legal and political regulations, economy’s current state, new technologies, the supply and demand of the currency, etc. However, there is one big factor that … Continue reading “Effects of FOMO on the Cryptocurrency Market”

Galaxy Digital CEO Novogratz Predicts $20,000 Bitcoin in 2019

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Billionaire Michael Novogratz has been bullish on cryptocurrencies for quite some time. Not long ago, he said the market would be worth $5 trillion by 2021. “Ten percent of my net worth is in this space. It’s the ‘best investment of my life,’” he says, as quoted by Coin Telegraph. “The Nasdaq got to $5.4 … Continue reading “Galaxy Digital CEO Novogratz Predicts $20,000 Bitcoin in 2019”

Avoid These Common Cryptocurrency Trading Mistakes

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Trading cryptocurrencies is a nonstop game. As a trader, if you do not do it right, you may lose all your money. On the other hand, if you follow a plan and are equipped with the right tools, you stand a chance to gain high returns. Effective trading can generate returns as high as 2000%. … Continue reading “Avoid These Common Cryptocurrency Trading Mistakes”

HODL On: Five Essential Keywords to Know in the Crypto Space

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The first time I started trading cryptocurrencies, I found traders had a language all their own. However, if you want to make real money in the crypto-sphere, it’s a good idea to familiarize yourself with the keywords making the rounds. Here follows an explanation of some of these keywords. 1. HODL The first of these keywords … Continue reading “HODL On: Five Essential Keywords to Know in the Crypto Space”

How Investors Can Make Money in Cryptocurrency in 2019

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The cryptocurrency market enjoyed its biggest success in 2017. During that period, most cryptocurrencies broke their resistance  levels. In turn, any commercial activity involving non-fiat money was almost likely to yield sure returns. Some factors attributed to the bullish trends were: the Fear of Missing Out (FOMO) and the the excitement of a new innovation … Continue reading “How Investors Can Make Money in Cryptocurrency in 2019”

Michael Novogratz Explains Why 2019 will be a Big Year for Cryptocurrencies

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Billionaire Michael Novogratz has been bullish on cryptocurrencies for quite some time. Not long ago, he said the market would be worth $5 trillion by 2021. “Ten percent of my net worth is in this space. It’s the ‘best investment of my life,’” he says, as quoted by Coin Telegraph. “The Nasdaq got to $5.4 … Continue reading “Michael Novogratz Explains Why 2019 will be a Big Year for Cryptocurrencies”

Fear of Missing Out: 84% of Companies Now use Blockchain

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Soon, we may see a fear of missing out (FOMO) with regards to blockchain use. At the moment, 84% of companies are using the technology, says a PwC survey. “Everyone is talking about blockchain, and no one wants to be left behind,” according to PwC’s 2018 Global Blockchain Survey, which included 600 executives. Another survey … Continue reading “Fear of Missing Out: 84% of Companies Now use Blockchain”

Billionaire Predicts $800 Billion Crypto Market Cap

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The cryptocurrency market reached a major milestone this week, passing a $300 billion market cap on optimism that Bitcoin is in a new bull market. However, billionaire Mike Novogratz thinks this is only the start. He’s confident the market cap could run to $800 billion in the next 12 months. Part of the reason he … Continue reading “Billionaire Predicts $800 Billion Crypto Market Cap”