Generic Detrol 4 Mg Cialis Day Next Best Pills Worst Pills Lexapro Valtrex Sale Online Gsk Coreg Cr 10mg

Archive for January, 2018

Bitcoin is Coming to Robinhood!!!

Posted on: January 26th, 2018 by jms No Comments

Robinhood

 

If you haven’t already heard, you might want to pay attention to this…

 

Robinhood recently announced that they will be offering the option to trade Bitcoin and Ethereum in February, with other cryptocurrencies coming soon!

 

Robinhood is a stock trading app that, in many ways, has really disrupted the brokerage trading market with it’s free options trading platform. With Robinhood you can buy and sell stocks on a regular basis without incurring any brokerage fees. Now, Robinhood has set out to disrupt another market, the crypto-market, by offering the option to trade cryptocurrencies without any transaction fees.

 

This is big news and here’s why…

 

A volatile market is arguably one of the best markets for making quick returns on your investment. Using technical analysis, it is possible to find trends that will show you the best buy and sell points for a given asset. I can’t think of a more volatile market with higher price swings than the cryptocurrency market. But when it comes to day trading cryptocurrencies, the problem for me has been the exorbitant fees tied to transactions using a trusted exchanges like Coinbase.

 

There is a great opportunity to make decent money day trading cryptocurrencies, even for average or passive investors. But I’ve done the math and, for me, the risk is too high when you account for the transaction fees.  Of course it is still possible to make money on a day to day basis when price swings are a few hundred at any given moment. However, the fees alone can also add up to a few hundred when you’re dealing with a worthwhile trade that can earn you a decent return, at least on Coinbase. I haven’t tried using other exchanges mostly because I place more trust the security of Coinbase.

 

And now enters Robinhood with their free trading options, which they want to introduce to the cryptocurrencies world.  This will allow us passive investors to play around with cryptocurrency day trading without having to worry about those nasty fees that always eat away at any potential gains. Robinhood is effectively reducing the risk of cryptocurrency trading in a big way for anyone who is paying attention to the market lately. And best of all, Robinhood is very secure and FDIC insured, although I’m not sure if cryptocurrencies fall under their FDIC protection.  I’ll also point out that one of the venture capital investors in Robinhood happens to be Marc Andreessen, who is also invested in Coinbase.

 

Unfortunately, Robinhood will only be introducing cryptocurrency trading to 5 states for now, California, Massachusetts, Missouri, Montana, and New Hampshire. I assume this is due to state-by-state regulations, but they do promise that “Robinhood Crypto”, as they call it, will be available in more states soon. When it comes to New York, I hope to be among the first to jump in!

 

 

Bitcoin’s rise and fall and rise and…

Posted on: January 19th, 2018 by jms No Comments

I recently read this hilarious article on how to write blog posts about Bitcoin using a template that will work regardless of Bitcoin’s current price, so I decided to give it a try…

 

 

 

 

Today, the price of Bitcoin has bounced back from yet another drop. Most experts attribute the drop to news circulating around about South Korea (and other countries) looking to ban all cryptocurrency exchanges, while some skeptics are singing the classic “I told you so” tune.

 

Tom Lee, one of Bitcoin’s bullish forecasters, seems to think we’ve seen a major low of $9,000, and is predicting $25,000 by the end of this year, which would actually make now a perfect time to buy more cryptocurrency.

 

Also dropping and rebounding in the crypto market these past few days is virtually every other cryptocurrency, including Ethereum, Ripple’s RPX, and Litecoin, which also saw all-time highs this past year.

 

The driving factor behind the frantic fluctuations does seem to be talks of South Korea wanting to ban all cryptocurrency exchanges.

 

 

When News Breaks Regarding a Ban on Bitcoin

 

 

We should expect to see price fluctuations to intensify when news breaks about counties looking to regulate Bitcoin, or if we hear about someone like Mark Cuban, who once spoke against it, now looking to accept it, or even when a company like Kodak is mentioned for its seemingly forward thinking executives, who now want it on the action.

 

Only time will tell what this means for Kodak and other random companies who had nothing to do with the cryptocurrency revolution whatsoever, but decide to put out press releases mentioning “blockchain technology”. As for the rest of us, I guess we’re all just stuck in the middle of this crazy rollercoaster of a ride. But I for one always liked rollercoasters!