DASHBOARD

Bitcoin Weekly Update #3

This analysis is intended for swing traders or medium-term investors. As a reminder, swing trading is a strategy of speculation in financial markets where an asset is held only for a few days to take advantage of price fluctuations. In this analysis, which you will find every week, I will detail my vision of the market and more specifically the one of Bitcoin. In addition to a technical analysis, I will summarize 3/4 of the news that impacted the market.

And the crash occurred.

Scenario 2 presented in my last analysis was perfectly achieved: the triangle broke down.

This scenario was against the probability seen in the weekly analysis #1.The goal? Mislead the “majority” of traders/investors by letting panic and fear take hold of their emotions. And that’s exactly what happened. Since then, the “panic” analyses announcing the Bitcoin at $3000 have reappeared on Twitter… as we get used to it. I am not here to make unfounded predictions but more to educate you and convey my vision and scenarios.

It should also be noted that the large “Liquidity Gap” highlighted on last week’s chart has been filled. As a result, the $8500 gap on the CME Bitcoin futures contracts is now closed. If you are interested in the impact of Bitcoin CME Futures, I invite you to read my article on this subject. For the more experienced, you will notice that in 4-hour timeframe there is still a gap to fill for Bitcoin between 7200$ — 7800$ and this is one of the reasons that pushes me to think that the fall is potentially not finished.

Bitcoin CME Futures

Ideally, I would like to see a consolidation in the area where we are currently with a rebound on the light blue area on the graph, between $7000 — $7600, and then gradually continue on the bullish trend that the Bitcoin has started since April.

From a technical point of view, the daily RSI is still over-sold and I am waiting for the MACD bullish crossing. This could take several days, it will take patience. You have to monitor the market, choose the scenario that is most likely to occur based on your own analyses/indicators and play it.

Don’t forget your stop-loss, good money management is the basis of all trading. If you do not have all the knowledge on this subject, I invite you to read this article.


https://www.tradingview.com/x/o1Lt2VmA/

News:

  • Binance US opens deposits

After launching, Binance US has entered phase two and now allow US citizens to deposit ADA, BAT, ETC, XLM and ZRX. The trading for the said cryptos will be opened at 9:00 EST September, 25th, 2019.

  • Upbit delists privacy coins

In the recent notice, Upbit will end their support for various privacy coins in September, 2019 due to money laundering concern. The list includes: XMR, DASH, ZEC, XHV, TUBE and PIVX.

  • Ukraine legalizing cryptocurrencies ?

For now, cryptocurrencies are not banned in the country but they do not have any official status. However, this should change quickly. Indeed, with the newly elected president : Volodymyr Zelensky, the ministry announced that they would work on legalizing cryptocurrencies. Moreover, they would be developing a brand new registry system fully integrating the Blockchain technology.

  • ECB & Digital Euro ?

Mario Draghi, laid down his views on cryptocurrencies and their future in the financial sector in a letter addressed to Eva Kaili (member of the EU parliament). Draghi notes that digital assets and stablecoins are currently under investigation for their potential in “monetary policy, the safety and efficiency of payments and market infrastructures and the stability of the financial system.”

Nico, analyst at 4C-trading.

You can join us on Telegram for a follow-up of the market throughout the day.

For any question, our team will be happy to answer you on our support which is open 7/7 days.

For any information about our subscriptions, please visit our website or contact @butler_4c_botdirectly to get all the information you need.

Newsflash of September 30

Market Cap at 2:24 (UTC) – $217,693,744,420 billion

Bitcoin dominance: 67.4 %
BTC $ 8,162.83 (+1.26%)
ETH $175.10 (+4.20%)
XRP $0.257316 (+7.89%)

Uzbekistan imposes 300% on crypto mining


According to the official announcement, the Government of Uzbekistan has taken a serious action on crypto mining. Per the announcement, the Uzbekistan’s government has decided to impose a 300% tax on crypto mining and it will be enforced soon.

Ukraine may legalizes cryptocurrency


Liga.net recently reported that the Government of Ukraine plans to legalize cryptocurrency soon. Minister of Digital Transformation, Mikhail Fedorov has said that the legalizing cryptocurrency is currently one of main goal of the ministry. Additionally, Mikhail believes that
crypto investors, traders will soon come out the grey zone and start paying taxes.

European Central Bank continuing to approach crypto


Recently, ESCB’s members have joined together to work on stablecoins led by ECB Executive Board Member, Benoît Cœuré. The ESCB’s members who are working on the stablecoin has found that stablecoins are crucially needed in cross-border payment and payment services accessibility. However, stablecoins also give rise to various issues such as monetary policy transmission, financial stability and public policy priorities. In 17-18 July, the members of G7 and Central Bank Governors had a discussion about stablecoin and agreed that regulatory, systematic concerns and policy considerations should be tackled before implementing any action.
You can join us on Telegram for a follow-up of the market throughout the day.
For any question, our team will be happy to answer you on our support which is open 7/7 days. For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.

Algorand (ALGO): The ultimate game changer

Cryptocurrency relies on three main pillars; these are decentralization, security, and scalability. However, to date, none of the major cryptocurrencies in the market has achieved these crucial aspects of blockchain technology.
Let us have a look at how crypto giants are falling short in solving the cryptocurrency trilemma.

Bitcoin (BTC)

Bitcoin, the mother of all cryptocurrencies, runs on a fully decentralized and secure blockchain, the bitcoin blockchain. Unfortunately, Bitcoin’s transactions per second (TPS) of 3.8 are still among the worst in the market. For instance, Visa transacts at a rate of 1,700 TPS which is amazingly high. If bitcoin can solve its scalability challenge and achieve a TPS of over 1,000, then it stands a chance to be the best cryptocurrency investors have been dreaming of.

Ripple (XRP)

Away from Bitcoin, Ripple, another legendary coin, is well known for its security and scalability properties. Unlike bitcoin, Ripple has such fantastic scalability that it can hit a TPS of 1,500 rivaling the well established Visa. Secondly, Ripple runs on one of the most secure platforms in the industry.
Unfortunately, Ripple has not achieved a fully decentralized nature. This creates an atmosphere of mistrust from investors, in turn, holding the asset down.

Cardano (ADA)

Cardano is still in its developmental stages. The good news is that this asset is solving all the crypto challenges by incorporating the three pillars in every step of development. When it comes of age, and unleashes its full potential, Cardano has the potential of running the crypto big boys’ club.

Algorand (ALGO/USD)

To address the challenges faced by crypto developers; Algorand has incorporated all the three pillars in the development process of its coin.
Firstly, the system is fully decentralized with a speedy 1,000 TPS capability. Furthermore, the system is secure and affordable. And to crown it up, users can tokenize their assets on the platform.
Algorand seeks to compete with Steller by developing a decentralized platform for instant payments. Furthermore, it offers cheap transactions – 0.001 Algos per transaction- on a secure server
These steps will attract and benefit emerging investors seeking to explore the opportunities in the affordable cross-border payment solutions.
Why does Algo stand out? Its borderless payment solution offers customers an opportunity to place their orders in advance, a feature yet to be seen in any other platform. This is achieved through the vesting schedule feature.

Algo’s Vesting Schedule Feature

A vesting schedule allows users of a platform to sign transactions in advance hence creating a plan to be followed by the platform when the transaction time comes. This process replaces the old school way used by most cryptocurrencies which require the user to make and approve transactions in real-time by pressing the send button. The vesting schedule works similarly to post-dated cheques.
What a vesting schedule does is that the payer will create several transactions and approve them on a block set for a particular time, say in one hour. When the block is verified, or the set time passes, the payee broadcasts the transaction hence receiving the money in a timely fashion.
The complexity of the vesting schedule creation makes it secure and also permits the tokenization of Algos. An excellent example of Algos tokenization is the real estate industry.

Algorand in Real Estate

Investment in real estate has been a big challenge to retail investors for centuries. This is due to high capital requirements and monopolization by institutions.
This is where Algorand comes in. Its capability to allow investors to tokenize their real estate assets through AssetBlock is an absolute game-changer.
Secondly, the company is developing a second layer on its blockchain that will enable investors to sell their digital assets to the private sector, a step that will reduce monopoly by institutions. Furthermore, the financial wing of Algorand is offering loans to its clients seeking to invest in real estate.
Initially, Algorand’s non-interactive feature was a limiting factor to many traders, however, the introduction of AssetsBlock completely bridges this gap by allowing traders to list their properties on the network and let the system do the rest. As soon as the buyer accepts the price, the transaction begins without any further involvement of the buyer.

Conclusion

As is evident, the cryptocurrency industry keeps on evolving by the day. Algorand is one of the crucial evolutionary developments in the industry as they introduce something not seen before.
Algorand offers secure, quick and affordable transactions solving the trilemma plague in the crypto industry. The ability to tokenize real estate assets changes the monopoly traditions of the Real Estate Industry opening it up for private investors. The system also makes the process of selling and buying property smooth and effective.
With Algorand, the dream of a borderless economy seems like a reality.
You can join us on Telegram for a follow-up of the market throughout the day.

For any question, our team will be happy to answer you on our support which is open 7/7 days.

For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.


Butler Bot


VIP Plans


Dashboard

Market Analysis of September 30, 2019

The marketcap has been moving down (-3.54%) since yesterday. The total capitalization is 209 204 967 755 USD.

Bitcoin totals 141 237 005 477 USD of capitalization for a dominance of 67.50%. Ethereum’s marketcap is 18 130 502 004 USD, followed by Ripple with 10 342 285 653 USD.

Market Sentiment


HOW TO READ THE MARKET SENTIMENT ?

Bitcoin Analysis

The Bitcoin closed with a bearish movement and is now trading around $7800. The Weekly open is at $8,000 and seems to be used for the resistance moment.

The daily technical situation remains rather negative. The MACD is down, the CCI is up and the WaveTrends is down with signs of curvature.

Over a time horizon of 4 hours, WaveTrends, MACD and CCI are on the decline. The technical situation remains negative.

What to do about it?

The situation is still uncertain for the moment but a rebound to $7500 and still possible.

  • The supports of the day are at 7700$ — 7200$
  • The resistances of the day are at 9000$ — 9600$

Ethereum Analysis

ETH closed once again with a downward movement and is evolving around 166.75. As with the BTC, the weekly seems to be taking on a role of resistance.

The daily technical situation is negative, the technical indicators are all down. Over a time horizon of 4 hours, the technical situation also remains negative.

What to do about it?

The situation is also quite uncertain for ETH, which is consolidating, so we will wait for confirmation of the role of the weekly open before positioning itself.

  • The supports of the day are at 160$ — 150$
  • The resistances of the day are at 172$ — 189$

Conclusion

We advise you to be attentive to the evolution of the BTC and ETH which are still being consolidated, to wait for the confirmation of the role of the weekly open.

You can join us on Telegram for a follow-up of the market throughout the day.

For any question, our team will be happy to answer you on our support which is open 7/7 days.

For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.


Butler Bot


VIP Plans


Dashboard

Market Analysis of September 27, 2019

The marketcap has been moving down (-3.35%) since yesterday. The total capitalization is 213 940 481 150 USD.
Bitcoin totals 145 336 737 569 USD of capitalization for a dominance of 67.90%. Ethereum’s marketcap is 17 977 268 471 USD, followed by Ripple with 10 479 433 984 USD.

Market Sentiment


HOW TO READ THE MARKET SENTIMENT ?

Bitcoin Analysis

Bitcoin closed the previous session down after falling below the $8,000 level. BTC is currently operating just above its liquidity zone but a test of $7500 is still not to be ruled out.

The daily technical situation remains negative even if we can see a reversal on the CCI and signs of curvature on the WaveTrends.
Over a shorter time horizon, technical indicators seem to argue for a bullish rebound.

What to do about it?

The situation is too uncertain for the moment, a return to the $7500 is likely, which will be an excellent opportunity to move on to the purchase.

  • The supports of the day are at 8000$ — 7200$
  • The resistances of the day are at 9000$ — 9600$

Ethereum Analysis


The same is true for ETH, prices are just above their zone of liquidity, which is holding up for the time being. Technical indicators remain bearish on a daily horizon.
On a 4-hour horizon, the technical situation is positive, a monthly open test at $172 is therefore possible.

What to do about it?

The situation is also quite uncertain for ETH, so we will wait for a return on support or a break in the monthly before positioning ourselves.

  • The supports of the day are at 160$ — 150$
  • The resistances of the day are at 172$ — 189$

Conclusion

We advise you to be attentive to the evolution of the BTC and ETH which is being consolidated before starting their next movements.
You can join us on Telegram for a follow-up of the market throughout the day.
For any question, our team will be happy to answer you on our support which is open 7/7 days.
For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.

Butler Bot


VIP Plans


Dashboard

Market Analysis of September 17, 2019

The marketcap remained flat (+0.00%) since yesterday. The total capitalization is 266 378 102 086 USD.
Bitcoin totals 184 032 829 145 USD of capitalization for a dominance of 57.20%.
Ethereum’s marketcap is 21 462 258 156 USD, followed by Ripple with 11 432 551 862 USD.

Market Sentiment


HOW TO READ THE MARKET SENTIMENT ?

Bitcoin

The BTC closed on a downward trend and is trading around $10,200. The weekly open seems to have become a resistance close to $10,300. The shape of the candles indicates a battle between sellers and buyers, but none seems to be taking over at the moment.

The daily technical situation is rather negative. The MACD shows downward curves and is close to crossing. The CCI is down while the WaveTrends has already crossed down. Over a horizon of 4 hours, the 3 indicators are slightly down.

What to do about it?

We recommend to wait and see if the weekly open has become a resistance. But we advise you to remain cautious because a break in the resistance or a return to the monthly open is both possible.

  • The supports of the day are at 10000$ – 9500$
  • The resistances of the day are at 10300$ – 10500$

Ethereum


ETH closed on a bullish trend and is trading around $198. The former resistance of $195 seems to have become a support.
The daily technical situation is positive. The MACD, WaveTrends are on the rise while the CCI is on the decline. Over a horizon of 4 hours, the CCI is still down, the MACD and the WaveTrends are up, despite a slight sign of curvature in the latter indicator. There is a convergence of time horizons.

What to do about it?

The weekly open seems to serve as support for the moment and we can wait to see if the old $195 resistance has become support as well.

  • The supports of the day are at 195$ – 178$
  • The resistances of the day are at 200$ – 211$

Conclusion

We advise you to wait and be attentive to the evolution of ETH and BTC which seem to diverge in their movement for the moment.
You can join us on Telegram for a follow-up of the market throughout the day.

For any question, our team will be happy to answer you on our support which is open 7/7 days.

For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.


Butler Bot


VIP Plans


Dashboard

Market Analysis of September 13, 2019

The marketcap has been moving down (-0.02%) since yesterday. The total capitalization is 258 891 621 887 USD.

Bitcoin totals 185 268 115 560 USD of capitalization for a dominance of 70.3%.

Ethereum’s marketcap is 10 979 909 748 USD, followed by Ripple with 19 372 178 209 USD

Market Sentiment


HOW TO READ THE MARKET SENTIMENT ?

Bitcoin

The BTC closed with a bullish move, breaking the weekly open. It is around $10,300 and the daily technical situation is rather positive. 

The MACD still does not cross and is rising, the WaveTrends is also rising. The CCI curves down. 

On a 4-hour horizon, the MACD is up as well as the WaveTrends which however show signs of curvature. The CCI shows a slightly upward trend. The situation is also positive. 

What to do about it?

We recommend waiting for confirmation that the weekly open has become a support. 

  • The supports of the day are at 10300$ – 10000$
  • The resistances of the day are at 10500$ – 10800$

Ethereum

The Closing of the ETH confirms the resistance role of the weekly open. The ETH is around $180 and the daily situation is rather positive despite some uncertainty due to the shape of the candle. The MACD and WaveTrends are up, but the latter indicator shows signs of curvature. The CCI is slightly bearish. Over a horizon of 4 hours, the CCI is on the rise. The MACD is close to crossing again and the WaveTrends soon seems to cross downward. Therefore, a return to the monthly open is always possible but caution is advised because a break in the weekly is also always possible. We will therefore wait for a return on support or a resistance break before positioning.

  • The supports of the day are at 172.1$ – 168$
  • The resistances of the day are at 185$ – 195$

Conclusion

We advise you to wait for a return on support or resistance breakage for BTC and ETH.

You can join us on Telegram for a follow-up of the market throughout the day.

For any question, our team will be happy to answer you on our support which is open 7/7 days.

For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.


Butler Bot


VIP Plans


Dashboard

Market Analysis of September 12, 2019

Marketcap

The marketcap has been moving down (-0.0033%) since yesterday. The total capitalization is 258 891 621 887 USD.

Bitcoin totals 181 276 810 389 USD of capitalization for a dominance of 70%.

Ethereum’s marketcap is 19 193 250 029 USD, followed by Ripple with 10 907 161 462 USD.

 

HOW TO READ THE MARKET SENTIMENT ?

 

Bitcoin

The BTC closed again with a bearish movement with a form that reflects uncertainty. It is always between the weekly open and the monthly open. The BTC is around $10,100 and the daily technical situation is rather negative.

The MACD is still very close to crossing downward, the CCI and the WaveTrends both curve downward, suggesting that the downward movement will continue.
Over a 4-hour horizon, the MACD crossed downwards while the WaveTrends and the CCI are recovering. The situation is rather positive. There is a lack of convergence between the different time horizons.

What to do about it?

We recommend waiting for a return to the monthly opening level or a break in the resistance before positioning yourself.

  • The supports of the day are at 10000$ – 9800$
  • The resistances of the day are at 10400$ – 10700$

 

Ethereum

ETH closed by leaving room for uncertainty due to the shape of its candle and its position between the weekly open and monthly open. It is around $178. The daily situation is rather negative and is similar to that of the BTC.
The WaveTrends is very close to crossing downward while the MACD is recovering. The ICC is stabilizing.
Over a horizon of 4 hours, we can see a slight recovery of the CCI while the MACD and WaveTrends are still bearish. This last indicator is likely to cross upward.
As a result, a return to the monthly open is always possible, but caution is advised as long as the different time horizons do not converge.
We will therefore wait for a return on support or a resistance break before positioning.
 

  • The supports of the day are at 172.1$ – 165$
  • The resistances of the day are at 185$ – 195$

 

Conclusion

We advise you to wait for a return on support or resistance breakage for BTC and ETH.


You can join us on Telegram for a follow-up of the market throughout the day.

For any question, our team will be happy to answer you on our support which is open 7/7 days.

For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.

See you tomorrow for a new market analysis!

 

4C Newsflash of September 11

 

Market Cap at 3:37 (UTC) – $258,217,940,695 billion 

Bitcoin dominance: 69.68% 

BTC $10,052.97 (-1.83%) 

ETH $177.30 (-1.69%)

XRP $0.254087 (-2.37%)

Binance launches futures trading platforms


After finishing the competition of futures platforms, Binance has announced that the company will launch 2 new platforms specializing in futures trading. The first platform is Binance Futures and it’s available on the Binance site. The second platform is Binance Jex and it is an independent futures trading platform. Moreover, for users who have voted for Binance Futures, there are reward activities from Binance. Check out for more details.

Tether launches Yuan-backed stablecoin


According to the latest announcement, Tether has launched their Chinese Yuan-pegged stablecoin, CNH₮. Initially, the token will be available on Ethereum blockchain under ERC-20 standard and only 20 million of CNHT is issued. The address of token can be found here.

Amazon launches Quantum Ledger Database


On September, 10th, Amazon announced the launch of Amazon Quantum Ledger Database (QLDB). Per the announcement, Amazon QLDB is immutable, transparent and verifiable transaction log which is own by a central authority. The technology is said to be encrypted using cryptography, thus making it impossible to alter or delete history, transaction log and data.

NASDAQ adds Defix, a decentralised index for crypto market


In the recent press release, NASDAQ has listed Defix, an index created for tracking prices of various projects such as 0x, Marker DAO and Amoveo. Investors can now view Defix on TradingView, Google and Yahoo Finance.

ICE updates the required margin for Bakkt BTC futures


On September 9th, ICE published the updated margin requirement for Bakkt Bitcoin futures. Initially, the initial hedge requirement for Bakkt Bitcoin Daily Future and Bakkt Bitcoin Monthly Futures is $3,900. Moreover, for inter-month add-ons, the requirement for both mentioned contracts are from $400 to $1000. If nothing change, Bakkt will launch their Bitcoin daily, monthly futures contracts on Monday, September 23rd, 2019. Further details can be found here.
 


You can join us on Telegram for a follow-up of the market throughout the day.

For any question, our team will be happy to answer you on our support which is open 7/7 days.

For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.

 

The Ultimate Guide to staking

Due to public demand from our readers, I am dedicating this article to staking. There is a ton of information on staking online; some are amazingly good while some are just a mess. I will give you a guide from an investor’s point of view and advise you on what to look for when researching and during your staking process.
What Is Staking?
Well, a stake is a form of voting right you earn after buying a certain amount of cryptocurrency coin which will allow you to vote. The size of your staking pool of coin will determine the power of your vote. Investors use this to push the companies to develop the areas they are interested in. The more coins you have in your staking pool, the more voting rights you get.
Secondly, stake investors earn annual or monthly or quarterly returns from the company which they have staked in. The most common stake coin is Tron (#TRX).
https://youtu.be/CrQwOOMVUUM
The success of Lydian Stater spread to Europe, and in particular Greece, where the potential of money as a system of mutual trust was copied, adapted, and rapidly improved in the 6th century. The result was the profound transformation of the Greek economy, the growth of its cities, and the emergence of a more sophisticated society.

Before the arrival of the coin money, ancient Mediterranean world used primitive currency that would not have powered the kind of revolution that Greece underwent.

Over 4,000 years ago, people in ancient Mesopotamia used clay tablets to commit themselves to particular financial transactions. With the success of agriculture came the need for people to exchange the surplus goods they produced for those they did not have.

These transaction promises edged on clay did not have inherent value, not like bars of gold or silver coins, but they functioned as money because the parties involved in the transaction trusted it. It is justifiable to say that money has evolved to be what it is because people trust it.

The money counting problem of Europe

The use of coins as money was quickly embraced across Europe and Asia, becoming a big hit where it was introduced. In some societies, coins were minted out of precious metals such as gold and silver and wherever it was accepted, commerce thrived and the economies boomed.

By 1200 AD, independent states in Europe that arose with the fall of the Roman Empire were co-existing and even engaging in commerce with each other. There was however the problem each state developed its own coinage, and this hindered smooth trading to a large extent.

For instance, in popular commercial cities such as Pisa and Venice, it was not uncommon for traders to use as many as seven different types of coins. This really complicated business such that even the smallest transactions required complicated calculations.

Further, these states used the Roman numerical system which was ill-suited for complex mathematical and financial calculations. With this development arose the need for merchants to keep records of their money as they traded, and this led to the invention of the Abacus, the first computer.

In the East, the Suni Muslim Caliphate, the Indians, and the Chinese Empire were far more advanced in money technology than those in Europe. In fact, Europe only began to catch up with them with the introduction of the Hindu-Arabic numeral system after the publication of the book Liber Abaci (Book of Calculation) by Leonardo of Pisa, best known by his nickname Fibbonacci in 1202 AD.

The new number system was more practical when applied to book keeping and currency conversion. It, however, led to the introduction of one new function of money that changed the history of finance: credit and interest.

Emergence of credit and money lending

1.   Risk

Staking gives you an excellent deal of rewards as well as the risk of loss.
Price fluctuation
For example, you might stake on a coin, and its value drops dramatically. This means that your stake value will drop a similar percentage as the coin value drop.
Value Changes
Secondly, some companies tend to change staking rewards from time to time. They get away with these selfish acts since cryptocurrency is not as transparent as stock markets. A good example is Tron which changed their trading rewards from 7% to less than 4%.
Delisting of Coins
Another risk is the delisting of coins. If your coin platform holding your stake is delisted, it means that you will lose the amount of money staked. Companies that are not doing so well or violate the terms of service often get delisted.
Lack of solid backing of the staked coin
Coins without physical backing run the risk of getting blacklisted or traded out in the market. If this happens, you will lose your stake.
The lock-up period
The lock-up period is the time it takes to convert your coin stakes back into cash. Tron has a lock-up period of 3 days. The value of stakes can fall during the lock-up period since the crypto market fluctuates considerably.

2.   Staking vs. Dividends

There are a lot of similarities between dividends and stakes. However, there are differences between investing in the two.
Firstly, dividends earn investors less money than a similar amount of stakes on cryptocurrency. This is because there is a physical backing to dividends on stocks. Furthermore, blue chips stocks follow strict regulations. This highly reduces the price fluctuations in the market.
Therefore, stock dividends are easier to get into than crypto stakes. Stock companies are also transparent on the risks and profit involved, which reduces the responsibility of the investor since there is less management.

3.   Staking Vs. Smart USD

Firstly, smartUSD is more profitable than staking. Secondly, there are fewer risks involved than staking since the market is less volatile than the cryptocurrency market.
Just like dividends, smartUSD requires less management in terms of research and education from investors. SmartUSDs are more accessible to set up than staking.
Lastly, staking is free of charge but investing in smartUSD is a process which requires money.

4.   Important Tools in Staking

Well, to manage your stake research and trading, you need some efficient tools to work with. Here are our top picks.

  • For comparison and analysis processes, it is advisable to use; stakingrewards.com
  • You also need a tool to analyze the price history, and it is advisable to use tradingview.com, although there is a bunch of similar tools online.
  • Capital money; yes, you will need initial finance to buy stakes.
  • Any other information can be traced on Google, including how-to videos.

5.   Staking gains

Is staking worth the effort?
Well. Let us have a look at TRX.
In 2018, the yearly stake yield of TRX was 7.00% which dropped to 4.37% in 2019.
Its yearly prices changed from 63% in 2018 to 17% in 2019.
On the contrary, let’s have a look at the dividends in AAPL, which is a bullish stock in a less volatile market.
In 2018, the yearly dividend yield was 5.90% which dropped to 4.8% in 2019 one quarter to go.
Therefore, dividends are easy to manage, which, unlike crypto stakes, requires keen management due to volatility. However, when done correctly, stakes can earn you good returns in the short term than dividends.

6.   The Upsides

There are several advantages to staking, dividends, and smartUSDs trading.
Firstly, it is an excellent source of passive income if you make it a side hustle. The investment also grows over time as it accumulates. This is ideal if you master the art of reading the market.
It requires little effort, unlike your 9 to 5 job. Lastly, it is the right way of saving your money since you cannot access your money when you own stakes. This reduces any tendency of overspending or wasting your money. Lastly, it gives you money management mindset over the years.

7.   General tips

Before you venture into staking, please have a look at these final tips.

  • Analyze your desired asset price history. This will help you predict the possible price movement in the future. Pay attention to the entire process in general and not the profit alone.
  • Create a solid ground to your decisions by conducting thorough research on the process of staking.
  • If staking is not working for you, please venture into other methods of earning passively other than staking. This can only be achieved if you stake in what you believe in and not out of peer pressure.

Conclusion
Well, if you follow the above steps carefully, you will be a happy stake investor. Please check our article and videos for further guidance on the process of staking and money management.
You can join us on Telegram for a follow-up of the market throughout the day.

For any question, our team will be happy to answer you on our support which is open 7/7 days.

For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.


Butler Bot


VIP Plans


Dashboard