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toGETher_platform

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Mike Novogratz Predicts Deadlines For New Bitcoin Rally

Mike Novogratz, the head of Galaxy Digital, a crypto-trading bank, is sure that institutional investors' attention to digital assets will push Bitcoin to growth in the next 6-24 months.

The billionaire admitted that he was in a hurry, trying to attract institutionalists to the digital asset market three years ago. However, now, in his opinion, an excellent moment has come for a new attempt:

“Galaxy can continue to invest in cryptocurrencies and other business areas, but the real core of our offer is serving institutional customers. If they don’t come, then with luck we are all bad,”said Novograts. Also, the businessman is confident that the measures taken by the Fed to support the economy will affect the price of the coin.

“In the week after the crisis began, the Fed printed more dollars than for the entire period 2008-2009,” Novogratz claims. By this, he confirmed his April forecast, in which he noted that government anti-crisis measures make Bitcoin attractive to investors in the long term as a non-inflationary asset.

Mike is incompetent as a market analyst. He tells people only what is beneficial to his business. This is not the person, paying attention to the words of which you can evaluate the market and its prospects.

This time, he gave his forecast a wide spread between the dates). This is not analytics, but fortune telling.

toGETher_platform

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Quote from: Mongoll on June 19, 2020, 01:18:31 AM

Quote from: toGETher_platform on June 19, 2020, 01:15:25 AM

Quote from: ?? on ??

Cryptocurrency is the most profitable investment tool during the pandemic

Despite the decline in traditional markets, the coronavirus pandemic has provided an opportunity for investors to increase their savings.

Today, cryptocurrencies stand apart from other investment tools. The most volatile assets in the period of the pandemic was a success with investors all over the world. Following the rule not to keep all the assets in one basket, many have diversified their portfolios. So, investors who took the risk to invest in bitcoin were extremely lucky since the coins purchased in early March, have brought their owners about 14% of income at the moment. And those who bought cryptocurrency on March 16, at the lowest price during the quarantine period, were able to earn 74%.

But what about gold? An asset that in all hard times used to be considered as protective. The fact is that the choice of an investment tool depends on both the situation on the market (and now it is generally favored to buy precious metals), and on the goals and horizon of investment. Gold is primarily a tool for saving, not multiplying savings, that is, investing in it a person will not recieve any profit tomorrow, and with the volatile exchange rate of cryptocurrencies, as we see, the situation is different.

Governments can easily prohibit individuals from owning gold, citing a difficult economic situation. Bitcoin is more profitable.

This is possible, but it is inhumane. Forbid owning gold is the same as forcing people to become poor due to crisis and inflation.

Therefore, Bitcoin is more profitable. No one can force you to give Bitcoins to the government. No one can even find out if you have them.

Mongoll

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Activity: 102

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Quote from: toGETher_platform on June 19, 2020, 01:15:25 AM

Quote from: ?? on ??

Cryptocurrency is the most profitable investment tool during the pandemic

Despite the decline in traditional markets, the coronavirus pandemic has provided an opportunity for investors to increase their savings.

Today, cryptocurrencies stand apart from other investment tools. The most volatile assets in the period of the pandemic was a success with investors all over the world. Following the rule not to keep all the assets in one basket, many have diversified their portfolios. So, investors who took the risk to invest in bitcoin were extremely lucky since the coins purchased in early March, have brought their owners about 14% of income at the moment. And those who bought cryptocurrency on March 16, at the lowest price during the quarantine period, were able to earn 74%.

But what about gold? An asset that in all hard times used to be considered as protective. The fact is that the choice of an investment tool depends on both the situation on the market (and now it is generally favored to buy precious metals), and on the goals and horizon of investment. Gold is primarily a tool for saving, not multiplying savings, that is, investing in it a person will not recieve any profit tomorrow, and with the volatile exchange rate of cryptocurrencies, as we see, the situation is different.

Governments can easily prohibit individuals from owning gold, citing a difficult economic situation. Bitcoin is more profitable.

This is possible, but it is inhumane. Forbid owning gold is the same as forcing people to become poor due to crisis and inflation.

toGETher_platform

jr. member

Activity: 137

Merit: 1

Quote from: ?? on ??

Cryptocurrency is the most profitable investment tool during the pandemic

Despite the decline in traditional markets, the coronavirus pandemic has provided an opportunity for investors to increase their savings.

Today, cryptocurrencies stand apart from other investment tools. The most volatile assets in the period of the pandemic was a success with investors all over the world. Following the rule not to keep all the assets in one basket, many have diversified their portfolios. So, investors who took the risk to invest in bitcoin were extremely lucky since the coins purchased in early March, have brought their owners about 14% of income at the moment. And those who bought cryptocurrency on March 16, at the lowest price during the quarantine period, were able to earn 74%.

But what about gold? An asset that in all hard times used to be considered as protective. The fact is that the choice of an investment tool depends on both the situation on the market (and now it is generally favored to buy precious metals), and on the goals and horizon of investment. Gold is primarily a tool for saving, not multiplying savings, that is, investing in it a person will not recieve any profit tomorrow, and with the volatile exchange rate of cryptocurrencies, as we see, the situation is different.

Governments can easily prohibit individuals from owning gold, citing a difficult economic situation. Bitcoin is more profitable.

toGETher_platform

jr. member

Activity: 137

Merit: 1

Quote from: ?? on ??

Quote from: toGETher_platform on June 17, 2020, 01:57:36 AM

Quote from: ?? on ??

Cryptocurrencies are a global threat to banks

After a few years States all around the world have started accepting cryptocurrencies. Economists at the Federal reserve Bank of Philadelphia believe that the formation of sovereign cryptocurrencies under the authority of Central banks turns to be a threat to the entire banking system. Thus, the function of a commercial Bank as an intermediary will be eliminated.

If the Central Bank creates centralized cryptocurrencies, it will become not just arbitrators and regulators, but the real players within the field. The need for an intermediary to distribute financial flows will vanish, since the digital currency will immediately be issued to the account of an individual or legal entity in a reliable blockchain system that is protected from fraud.

Also, given the current trends with negative interest rates, a potential investor may refuse to invest money in a Bank if there is a reliable alternative.

According to researchers from NBER and the Reserve Bank of Philadelphia, this will lead to fatal consequences for banks.

Everything is much more interesting. In fact, even central banks will no longer be needed. Like regional ones, central banks are intermediaries useless for cryptocurrencies. Therefore, right now, countrys are trying to convince people otherwise. They inspire citizens with the need for banks and come up with fakes for this (state-owned centralized cryptocurrencies). This is just a substitution of concepts. Blockchain is one of the most advanced distribution systems. Blockchain is the bank. Others are not needed.

Maybe the banking system is still needed? Who will monitor the viability of the financial system?

The meaning and unique feature of cryptocurrencies is not limited to the ability to get a database that cannot be faked. It is also a way to exclude from the financial system the greatest evils of our time. I am talking about the human factor. Cryptocurrencies do not need banks. Otherwise, cryptocurrencies themselves lose all meaning.

In addition, speaking of blockchain as a database that cannot be faked, there are no guarantees that state currency blockchains will meet these requirements. After all, the banks controlled by the rich will be in charge of everything.

prittMcp

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Do I need a KYC for investing? And how i may it doing?

toGETher_platform

jr. member

Activity: 137

Merit: 1

Quote from: ?? on ??

Cryptocurrencies are a global threat to banks

After a few years States all around the world have started accepting cryptocurrencies. Economists at the Federal reserve Bank of Philadelphia believe that the formation of sovereign cryptocurrencies under the authority of Central banks turns to be a threat to the entire banking system. Thus, the function of a commercial Bank as an intermediary will be eliminated.

If the Central Bank creates centralized cryptocurrencies, it will become not just arbitrators and regulators, but the real players within the field. The need for an intermediary to distribute financial flows will vanish, since the digital currency will immediately be issued to the account of an individual or legal entity in a reliable blockchain system that is protected from fraud.

Also, given the current trends with negative interest rates, a potential investor may refuse to invest money in a Bank if there is a reliable alternative.

According to researchers from NBER and the Reserve Bank of Philadelphia, this will lead to fatal consequences for banks.

Everything is much more interesting. In fact, even central banks will no longer be needed. Like regional ones, central banks are intermediaries useless for cryptocurrencies. Therefore, right now, countrys are trying to convince people otherwise. They inspire citizens with the need for banks and come up with fakes for this (state-owned centralized cryptocurrencies). This is just a substitution of concepts. Blockchain is one of the most advanced distribution systems. Blockchain is the bank. Others are not needed.

MidasCaps

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How can I find my wallet address?

igda23gh

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All features work great. I will continue to monitor your development.

alezgut2410

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What payment methods can I use on your exchange?

FreelaneX

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Do you have minimum and maximum limits?

MidasCaps

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Why is Ditex not fixing exchange rates?

prittMcp

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I can’t confirm my phone number. Help me please

Mongoll

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Can I use any convenient wallet in my work?

toGETher_platform

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What do you think about the crisis that has ripened in the global economy?

prittMcp

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Do you have MVP?

igda23gh

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Do you have minimum and maximum limits?

MidasCaps

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Tell me about your project please

aiwk171

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Hi. Why is my final amount different?

toGETher_platform

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Activity: 137

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I can’t confirm my phone number. Can you help me?

Topic: Deleted post - page 8. (Read 2382 times)