After a successful blue bull run The Dow Jones Industrial Average is two weeks old. Cryptocurrency is also fixing. Could there be a connection between the two investment worlds?
We need to be careful about using ambiguous words such as “blue and bear market” and transfer them to each investment location. The main reason for this is that the cryptocurrency in 2017 surprisingly “blue” saw a result of more than 10x. If you invest $ 1,000 in Bitcoin in early 2017 you will have more than $ 10,000 in cash by the end of the year. Never before has there been such a thing as traditional investment. In 2017 the Dow rose nearly 23%.
I will be careful to review the data and plans because I know you can get the numbers to get what you want to read. Just as crypto saw significant results in 2017, 2018 has seen a rapid adjustment. The reason I am trying is that we should be able to be useful in our comparisons.
Many newcomers to the cryptocurrency camp are shocked by the recent collapse. All they heard was the nature of the property for these early buyers and Lambos sales. To the more discerning traders, this correction was evident in the market due to the rise in prices over the past two months. Most of the time the top-tier fundraiser was in the multi-million dollar industry. It was clear that it would take a long time for them to remove some of the fruit from the table.
Another thing I think should be carefully considered is the new addition of Bitcoin futures trading. I believe there are a lot of powers at work here led by the old guard that wants crypto not to fall apart. I also see future trades with optimism alongside crypto ETFs as a good way to manage mainstream crypto and think it is a “real” investment.
When I had finished speaking, I began to think, “What if there is a connection here?”
What if Wall Street critiques crypto exchanges like Coinbase and Binance? Maybe they will fall in one day? What if it were true that crypto would increase as people looked for another place to move their money?
In my opinion not to cut the statistics to be accurate as well, I wanted to wait until we see a playground This week is as good as any other because it represents the time when both markets saw adjustments.
For those who do not know how to trade cryptocurrency, which is not a very stock market, transactions do not close. I’ve been shopping for goods for over 20 years, and I really feel like you’re sitting on a lazy Sunday afternoon thinking,
“I really want to trade a position or two now because I know when the markets open the exchange rate fluctuates.”
Walmart-like space can also lend itself to knee-jerk emotional responses that can be ballooned on either side. With the old-fashioned stock market people have the chance to press the rest of the party and sleep in their decisions at night.
To get a one-week change balance, I took the past 7 days of crypto trading information and the last 5 days for the DJIA.
Here is a comparison over the past week (3-3-18 to 3-10-18). The Dow (out of 20 of the 30 companies losing money) dropped 1330 points indicating a 5.21% decline.
For the apple finder machine the apples are different because Dow has no technology. This is changing even though many groups are creating their own sections. The most recent comparison is to use the top 30 crypto currencies for the size of the market cap.
According to coinmarketcap.com, 20 of the top 30 currencies are under the last 7 days. You know what? If you look at the entire crypto market, the volume will drop from $ 445 billion to 422 billion. Bitcoin, which appears to be similar to the gold standard, saw a 6.7% decline over the same period. It usually looks like Bitcoin goes to the altars.
Is it a coincidence or an issue? How did that finding result in such results? Are the issues the same as playing?
Despite the similarity in the fall in prices, it seems to me that the reasons for this are different. I told you before that debts can be deceptive so we really need to get the boards back.
Here is some great news about the Dow:
According to USA Today, “The strong inflationary pressures have led to fears of rising inflation, which could raise concerns that the rate will rise this year by three years from the start of the forecast. “
Once the crypto is distributed it cannot be controlled by the exchange rates. This means that for a long time the rate will increase so that investors can deposit their money elsewhere to demand a higher price. This is where crypto really works.
If it is not a crypto currency, why was the crypto fixed?
This is mainly due to controversial comments from some countries about how the market will be affected. Citizens of the world do not have to worry about whether countries will agree or not.
This past week we have seen some good news from councilors Jay Clayton (Chairman of the SEC) and Christopher Giancarlo (Chairman of the CFTC). Of course when they wanted to eliminate bad players and make sure to follow AML rules, they wanted to offer new jobs.
It seems that the relationship to similar products between the two worlds is not very stable.
We all know that markets are not good for doubt. But it is only a surprise not to be surprised. What causes stress in one day can be determined overnight. Sometimes information is disturbed and the market is scattered for months and even years.
The key is to analyze all of this information and determine what is true and what is not.
Because I have long been involved in both cryptocurrencies and cryptocurrencies, I believe that by looking closely at both, it can be very rewarding. The opportunity to be productive happens almost every day. This is especially true in crypto because I usually buy a currency that has dropped 30% in the past day, and then dropped another 30% later, but it all came back from within a week.
I would recommend staying different when different (this is different for each person). One day one will rise and the other will descend. To celebrate the spirit, it is good to have the opportunity to participate in an account that made the day better. If you have an account in both worlds, you probably already know this.
One thing is for sure, crypto is here to stay, and investment will be even more exciting.