Bitcoin Price Analysis
Trading Bitcoin is simple. Buy some and sit back and watch the price skyrocket. There has been times where that was the case for me. I was lucky enough to be around for some of the bull runs. The reality however was that even in a booming markets losing your Bitcoin was something I also managed to do on more than a few occasions. The wrong stop loss, the impulsive trade can wipe out lots of hard work.
This new weekly trading show with the highly experienced Lisa N Edwards is not financial advice, it’s a weekly high level look at what is happening in the Crypto markets from a technical analysis and a fundamental point of view. It is a chance for you to learn a bit more. If you do decide to become a trader hopefully you are that bit better informed than your competition. Be under no illusions trading is a competition, where there is a winner there must be a loser. I hope this show gives you enough insight to understand that you need to learn the correct skills if you decide to compete in the trading space.
Some of the team at Hardforking are pure HODLERs. That have bought Bitcoin and Cryptos and do not trade them. This in effect is an investment strategy, but in such a volatile space it can be a hard one to stick to.
I take more of an investment stance in this space and if you subscribe to our youtube channel you will also see our other shows that dig into what problems some of the Blockchain start ups are solving or attempting to solve and therefor they may be great investments to make.
The recent halving is something you should understand and we have produced some videos to help you better understand how the Bitcoin price could be affected. We have seen 30% of miners switch off their equipment in the last week and whilst these were mainly older machines who could no longer compete after the halving, understanding the economics of mining, how the exchanges operate and many other aspects of this industry is something the Hardforking team will help you with. When it comes to technical analysis, the reading of charts and interpreting a plethora of indicators, we rate Lisa and are very happy to be doing a regular show with her. We hope the combination on fundamental and technical analysis will be of great benefit to you in learning about this industry.
For those of you that are trading or want to learn more about it please comment below the video with what you would like to see more of and we will do our best to address your questions. You can follow Lisa daily on twitter @LisaNEdwards