Decrypting the BitCoin CryptoCurrency Black Box

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Is BitCoin becoming a shining beacon of safety or your next financial black hole?

BITCOIN AS EMERGING SAFE HARBOR

Professional money managers have something in common with good physicians; first do no harm. To accomplish this specific goal: not losing money, they often move their investments in and out of various equity markets as profit opportunities and risk dictate. This produces a clear and traceable indication of how these professionals view various market opportunities and how those attitudes are changing based on news, volatility and market conditions. Just fellow the volume as it does represent their money. The goal is to move out of something risky, but was highly profitable, into a safe storage of value until whatever market churning gyrations you were escaping have passed. You repeat this process; make money, preserve money, as often as necessary.

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Extreme Volatility in Early Bitcoin Trading

Looking for Correlates of Bitcoin Market Movements

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Effective Cryptocurrency Technical Analysis

As a high-tech addition to the monetary infrastructure of the world, technical analysis has been applied to the trading of Bitcoins since they first appeared. Effective indicators to trade crypto coins are the same as for stocks, options, futures and currency pairs. Volume can be a very important secondary indication of the strength of any directional change in any equity. Bitcoin suffers from a very decentralized reporting system that could be perceived to be detrimental to accurate interpretation of real-time volume. This is actually not the case as a recent in-depth examination by Bitwise Asset Management disclosed. “Economic and Non-Economic Trading In Bitcoin: Exploring the Real Spot Market For The World’s First Digital Commodity,” by Matthew Hougan, Hong Kim, and Micah Lerner. This 104 page decertation details the accuracy and low price lag between exchanges.

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Written by

My professional work experience was focused on clinical drug development and biotech consulting. I currentely own and opperate StockDotGenie.com.

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