WHAT FUTURE? - VIRTUAL GOLD X REAL GOLD => #BITCOIN #XAUUSD
Hello Followers,
It is nice to post here again, I miss all the nice followers I have.
Last time I posted on BTC we had so much fun, many followers got a lot of profit and made me very happy.
Sorry I am not posting so much, because I am having little time working on my project of my website.
So, I found out this idea, because a lot of people are talking about Real Gold these days, once they are getting much expensive on some countries, like India, Venezuela, Brazil, and others.
Charts are not the same period of time, real gold chart is monthly, and Bitcoin is shorter time frame, but they look very similar, and it would be interesting to know what are your thoughts about that.
As, we can see, a big correction for both of them happened because it was the natural market flow, as they went from stagnation to FOMO and the very top, where the bubble popped.
This is very important when we are learning to trade, because it is a movement that repeats itself over and over.
Will gold keep being needed as it has been, and will Cryptocurrency start a new demand?
Both of them could have a new demand from technology world?
Probably both of them will. Gold is used to build cellphones, computers and other electronic devices, and to follow the speed and world wide connection and dada storage, maybe cryptocurrency is the answer.
The big Question is: When will the correction on both get to the end.
Will the Emerging Countries Crisis cause a worse scenario to these GOLD MARKETS, or make them stronger?
When there is crisis on the stock world wide, gold becomes more expensive, but so far, we can only see that crisis on emerging markets.
If that fact starts to effect the other countries, this could be a signal that money will rush to Real Gold. ( XAUUSD )
But, how about Bitcoin - BTCUSD? I am still trying to figure it out.
Good Luck and Good Profit
It is nice to post here again, I miss all the nice followers I have.
Last time I posted on BTC we had so much fun, many followers got a lot of profit and made me very happy.
Sorry I am not posting so much, because I am having little time working on my project of my website.
So, I found out this idea, because a lot of people are talking about Real Gold these days, once they are getting much expensive on some countries, like India, Venezuela, Brazil, and others.
Charts are not the same period of time, real gold chart is monthly, and Bitcoin is shorter time frame, but they look very similar, and it would be interesting to know what are your thoughts about that.
As, we can see, a big correction for both of them happened because it was the natural market flow, as they went from stagnation to FOMO and the very top, where the bubble popped.
This is very important when we are learning to trade, because it is a movement that repeats itself over and over.
Will gold keep being needed as it has been, and will Cryptocurrency start a new demand?
Both of them could have a new demand from technology world?
Probably both of them will. Gold is used to build cellphones, computers and other electronic devices, and to follow the speed and world wide connection and dada storage, maybe cryptocurrency is the answer.
The big Question is: When will the correction on both get to the end.
Will the Emerging Countries Crisis cause a worse scenario to these GOLD MARKETS, or make them stronger?
When there is crisis on the stock world wide, gold becomes more expensive, but so far, we can only see that crisis on emerging markets.
If that fact starts to effect the other countries, this could be a signal that money will rush to Real Gold. ( XAUUSD )
But, how about Bitcoin - BTCUSD? I am still trying to figure it out.
Good Luck and Good Profit