“You can’t ever determine how long or how far up a speculative investment can go, and you tend to be very shocked at how much it falls,” she said.
A look at funding rates across exchanges hints at excessive optimism, with traders going long on BTC en masse — a classic indicator of a correction.
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Create your alert × My preferences × CoinMarketCal Cryptocurrency calendar Evidence-based & community-driven Toggle navigation Coin ranking Highlights News Newsletter API Add event Manage the events related to SafeMoon Launched on Mar. 8, 2021, SafeMoon has three functions that take place during each trade: Reflection, LP Acquisition and Burn. SafeMoon protocol is a combination of RFI tokenomics and an auto-liquidity generating protocol. SafeMoon plans to develop a non-fungible token (NFT) exchange, as well as charity projects and crypto educational apps. Exchanges Events News Chart Upcoming Past No upcoming event for this coin. No past event for this coin.
The launch of the SafeMoon (SAFEMOON) wallet ran into unexpected technical issues, shortly following its release.
Some security tokens are linked to an external tradable asset, and you can feel relatively comfortable assessing them as a more volatile relative of traditional shares, perhaps using a similar framework to the one you’d employ for penny stocks.
According to Cointelegraph business editor Sam Bourgi, Bitcoin is viewed by many as the best “hard money” alternative to sovereign currencies and:
Track your crypto portfolio with the latest prices from coins, altcoins and tokens, such as Bitcoin, Ethereum, XRP Ripple, Litecoin, Bitcoin Cash, EOS, Tether, Binance BNB, Stellar, Cardano, Monero, Doge and 2000+ more. View your portfolio in 90+ fiat currencies such as USD, EUR, JPY, KRW, CNY, crypto bases such as BTC, ETH, XRP, LTC and precious metals such as Gold and Palladium. Track the health and performance of your crypto portfolio with CoinMarketCap price data. Update your crypto holdings with the simple add and subtract interface when make new transactions.
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CFDs are leveraged products, which means you can open a position for a just a fraction of the full value of the trade. Although leveraged products can magnify your profits, they can also magnify losses if the market moves against you.
Cryptocurrencies work using a technology called blockchain. They are tokens that can be used as a form of payment in exchange for online goods and services. They carry a pre-determined store value of their own, just like any other fiat currency like the US dollar or the Indian rupee. Cryptocurrencies are digitally mined, where very sophisticated computers solve extremely complex computational mathematics problems. Their mining is painstaking, costly and only sporadically rewarding.
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But how high will Bitcoin go? Bitcoin’s past may provide some clues, according to Kiana Danial, author of “Cryptocurrency Investing for Dummies.”
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"Some of the NFT collections had bounced by 50-60% in the past few days, which indicates a possible reversal in the coming weeks," he added.