analyst75

EURJPY Hovers Past Mid 129.00 Level As EURO Limits Losses After ECB EURJPY Price Analysis – July 27 The EURJPY cross stays on track to recover the prior day’s loss after a rebound from the mid 129.00 level during Friday’s European session. The selling pressure in the yen keeps the recovery in EURJPY well and sound at the FX market weekly close. The ECB meeting has helped investors maintain an optimistic outlook on the EURO. Key Levels Resistance Levels: 132.00, 131.00, 130.00 Support Levels: 129.02, 128.00, 127.07 EURJPY Long term Trend: RangingIn a broader sense, a rise from level 121.61 is considered as a medium to long-term rising phase inside a long-term sideways trend. A further gain is expected as long as the weekly low at 128.59 support level holds. On the other side, a drop beneath the level at 128.59 weekly low may reveal the 128.21-128.29 range (monthly low-levels Mar.2021) and then level 128.00. Even so, the continuous breach of the 128.00 level may imply that growth has been accomplished from the 121.61 level, refocusing attention on this low. EURJPY Short term Trend: Ranging At the moment the intraday bias in EURJPY remains slightly to the downside. The present rally may aim for a sustained rebound from 128.59 to 131.00 levels. To suggest short-term topping, a breach of 128.50 support level is necessary on the downside. Alternatively, forecast in the event of a retreat may stay bullish. Nonetheless, a clear breach might see resistance next at the 131.27 level. Near-term support shifts to level 129.02, then level 129.62 which typically holds higher for retaining the initial risk. A breach may see a reversal to level 128.59 but with anticipated fresh buyers below. Source: https://learn2.trade

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Perfect Crypto Investment Strategies – Part 2 A POSITION TRADING STRATEGY FOR CRYPTOS As it has been said before, the best way to make money from viable cryptos is to buy and hold them forever, since investments that are worthwhile are also investments that appear in your will. Apart from a ‘buy and hold’ method of investing, there are other ways to make money from medium-term movements of cryptocurrencies. While there are a plethora of worthless crypto trading systems out there, there are a few crypto trading techniques that have proven to be rare gems. One of them is discussed in this piece. This is a position trading strategy, because we will hold a position for a certain amount of weeks. We also exit a non-performing trade after a fixed period of time. WHEN NOT TO ENTER THE MARKET Do not go against the major trend, since doing that will prove to be suicidal. Major trends are easily located on higher timeframes. This is where many people get it wrong. Many traders enter the market at wrong times; they go long when prices have rallied significantly, and thus suffer when caught in pullbacks that invariably occur. They also go short when the markets are significantly bearish and ready for a serious bounce. Granted, a market that appears oversold may still go further southwards, and vice versa for a market that is overbought. However, those who trade in such manner will often get whacked by inevitable corrections that follow. When a barber or a waiter starts talking like a trading genius, showing you how much they have made, then it is time to exit the market. We want to follow the trend. We want to follow the line of the least resistance, for that makes a perfect rational and logical sense. Nonetheless, we want to enter only when the odds are properly stacked in our favor, since we just don’t want to buy because the market is going up and we don’t want to sell simply because the market is falling. Yes, we don’t want to sell in a bear market that is crashing into long-term demand zones; and we don’t want to buy in a bull market when it is ramming into very strong supply zones. WHEN TO ENTER THE MARKET When the market is seriously weak, wait for a transient northwards movement before you go short. This makes you sell when there is a rally in the context of a downtrend. In order word, you are selling at a higher price in a downtrend. When the market is significantly bullish, wait for a transitory dip before you go long. This makes you buy when the price is on sale, and in the context of an uptrend. In order word, you are buying at a lower price in an uptrend. That means you are buying at a lower rate. By selling weak trading instruments at higher rates, and buying strong instruments at lower rates, you maximum you chances of making profits. READINGS, TIMING AND PARAMETERS The logic behind this trading technique has been summarized above, but some questions remain. What timeframe to use? When to enter exactly? When to take your profits? When to exit a non-performing trade? For this crypto strategy, the condition for entry in a bear market is different from the condition for entry in a bull market. Strategy snapshot Strategy style: Position trading Timeframe:* Indicator: Exponential Moving Average (EMA)* Instruments: Focus on the top 100 cryptos only Entry rule in a bear market: When the EMA* is sloping downwards, go short on a coin that has rallied by x* percentage, provided price remains below the EMA* Entry rule in a bull market: When the EMA* is sloping upwards, go long on a coin that has dropped by x* percentage, provided price remains above the EMA* Exit rule for non-performing trades: Exit a trade that has proven to be non-performing for x* days Exit rule for positive trades: Exit a positive trade that has been on for x* days Position size: 2% per trade AN EXAMPLE IN A BEARISH MARKET Between June 26, 2021 and June 29, 2021, Internet Computer (ICPUSD) moved upwards by roughly x* percentage; whereas that happened within the context of a downtrend. Thus it would be illogical to go long then. Rather the best action was to go short because the line of the least resistance was in favor of sellers. Since June 29, 2021, until the time of writing this article, ICP has fallen by close to 2300 pips. While doing this, we take the risk management and position sizing recommendations serious. You’ll never be a victorious trader until you master these 2 vital aspects of trading. A GOOD ENTRY IN A BULLISH MARKET In May 2021, EOS (EOSUSD), which was previously enjoying buying pressure, suddenly dropped heavily, losing more than x* percentage of its value. The price was still above the EMA (which was sloping upwards). This scenario proffered a clean entry signal, and we opened a long trade on EOSUSD. EOSUSD eventually went upward and made a nice profit before we exited the trade. A GAME OF PATIENCE As outstanding as this crypto strategy is, the signals generated by it are few and far between. First we focus on the top 100 cryptocurrencies only, because of their liquidity, high capitalization, potential and popularity. Second, we don’t enter the markets until our conditions for long or short trades are totally met. That is why patience is needed while using this strategy. Think of how many trades you have taken in the past. Have you been profitable with them? Taking a few trades in a month or a quarter and making decent profits is better than taking numerous sub-optimal trades over short period of time and having drawdowns. Valid signals generated by the strategy discussed here are scanty; but when it does generate a signal, then, believe me, it’s time to make money. We’ll always be patient for valid signals to be generated. CONCLUSION Dr. Van Tharp says you can only trade your beliefs about the market and that success in the markets depends upon how useful those beliefs are. That means when you have useless beliefs about the markets, you’ll find it difficult to trade victoriously. For you to be victorious, your beliefs about the markets must be useful. The trading method discussed here is one of the systems we use to generate long-term signals for our subscribers in Learn2.trade Crypto Telegram channels. There are other strategies that generate intraday and swing trading signals, but the one discussed here is what will be used to generate position trading signals for our subscribers. The next article in this series will discuss a magical/outstanding non-directional (market-neutral) trading methodology. Honestly, this ensures we make money no matter what the markets does. *The exact parameters and readings are not disclosed as we use this strategy to generate signals for our paid subscribers Source: https://learn2.trade

Bitcoin Whales Still Stacking Up Coins Despite Bear Market: Glassnode Despite the recent crash below the critical $30k level by Bitcoin (BTC), on-chain metrics from Glassnode suggest that whales are still on binge acquisition mode. According to the analytics platform’s weekly report released yesterday, the benchmark cryptocurrency’s reserves on crypto exchanges are on a steady decline despite having turned bearish since its sustained drop below $36k. Recent data put the average monthly withdrawal from crypto exchanges at about $1 billion. Glassnode explained that this action by large investors indicates that they are moving their holdings to safe storage rather than selling on exchanges. Glassnode also reported a spike in the number of entities HODLing BTC since May, noting that this number has increased from 250,000 to 300,000 presently. According to the analytics firm, “an entity” is a unique on-chain cluster of associated addresses. Glassnode revealed that the number of “sending entities” (unique address clusters selling their holdings) dropped significantly from 150,000 to 100,000, while “receiving entities” (unique address clusters HODLing or accumulating more coins) have spiked by 20% from 190,000 to 250,000 over the same time. However, Glassnode highlighted that market sentiment is currently heavily divided, noting that: Key Bitcoin Levels to Watch — July 20 After a prolonged bout of sideways movement, Bitcoin has finally broken below the critical $30k for the first time since June 22. The primary cryptocurrency suffered a devastating blow from the $31k pivot zone, which accelerated its descent below $30k. BTCUSD – 4-Hour Chart The recent crash sent BTC to the $29.5k support, followed by a rebound to the $29.9k level presently. That said, the $29.5k support might not be the bottom of the present crash, and subsequent declines could follow in the coming hours and days. Meanwhile, our resistance levels are at $30,000, $30,500, and $31,000, and our key support levels are at $29,500, $29,000, and $28,000. Total Market Capitalization: $1.2 trillion Bitcoin Market Capitalization: $558.7 billion Bitcoin Dominance: 46.6 % Market Rank: #1 Source: https://learn2.trade

Bitcoin Whales Still Stacking Up Coins Despite Bear Market: Glassnode Despite the recent crash below the critical $30k level by Bitcoin (BTC), on-chain metrics from Glassnode suggest that whales are still on binge acquisition mode. According to the analytics platform’s weekly report released yesterday, the benchmark cryptocurrency’s reserves on crypto exchanges are on a steady decline despite having turned bearish since its sustained drop below $36k. Recent data put the average monthly withdrawal from crypto exchanges at about $1 billion. Glassnode explained that this action by large investors indicates that they are moving their holdings to safe storage rather than selling on exchanges. Glassnode also reported a spike in the number of entities HODLing BTC since May, noting that this number has increased from 250,000 to 300,000 presently. According to the analytics firm, “an entity” is a unique on-chain cluster of associated addresses. Glassnode revealed that the number of “sending entities” (unique address clusters selling their holdings) dropped significantly from 150,000 to 100,000, while “receiving entities” (unique address clusters HODLing or accumulating more coins) have spiked by 20% from 190,000 to 250,000 over the same time. However, Glassnode highlighted that market sentiment is currently heavily divided, noting that: Key Bitcoin Levels to Watch — July 20 After a prolonged bout of sideways movement, Bitcoin has finally broken below the critical $30k for the first time since June 22. The primary cryptocurrency suffered a devastating blow from the $31k pivot zone, which accelerated its descent below $30k. BTCUSD – 4-Hour Chart The recent crash sent BTC to the $29.5k support, followed by a rebound to the $29.9k level presently. That said, the $29.5k support might not be the bottom of the present crash, and subsequent declines could follow in the coming hours and days. Meanwhile, our resistance levels are at $30,000, $30,500, and $31,000, and our key support levels are at $29,500, $29,000, and $28,000. Total Market Capitalization: $1.2 trillion Bitcoin Market Capitalization: $558.7 billion Bitcoin Dominance: 46.6 % Market Rank: #1 Source: https://learn2.trade

Ripple Plummets Amid Former Executive’s Selling Spree Many Ripple (XRP) enthusiasts are familiar with the monthly XRP escrow release. The XRP escrow got designed to integrate predictability and stability to XRP. Meanwhile, a part of this monthly supply gets directed to former Ripple executive Jed McCaleb. However, instead of holding his newly-minted coins, McCaleb eagerly dumps his holdings into the market. Recent data shows that the former Ripple CTO sold over 150 million XRP (~$98 million) within the past three weeks alone. XRPScan revealed that McCaleb became more consistent in selling his XRP holdings over the past few weeks and has sold about 10 million XRP every day since he received his monthly supply from Ripple escrow. Currently, his wallet, labeled “Tacostand,” holds 590 million XRP. Coupled with the recent market bias and volatility in June, McCaleb’s selling spree pushed the price of XRP below the $1 mark. At press time, XRP trades near the $0.6000 price mark as selling pressure mounts on the cryptocurrency. That said, the Ripple community blames McCaleb for the current poor performance of XRP and expects the price to bounce back once he exhausts his holdings. However, with his current wallet balance, the former Ripple executive’s selling spree could persist till the end of August. Key Ripple Levels to Watch — July 14 After consolidation between the $0.6500 – $0.6000 range for the past six days, Ripple appears to have broken below this range as selling pressure in the broader crypto market increases. XRP needs to climb back above the $0.6000 psychological line over the coming hours or risk falling to the $0.5500 support. XRPUSD – 4-Hour Chart Nonetheless, the overall market bias is overwhelmingly bearish despite the low trading volume. XRP bulls will have a tough time defending the $0.6000 given the current market conditions. However, a successful defense of this line could help XRP climb above the bearish channel and the $0.6500 level over the coming days. Meanwhile, our resistance levels are $0.6200, $0.6500, and $0.7000, and our support levels are $0.5500, $0.5200, and $0.5000. Total Market Capitalization: $1.30 trillion Ripple Market Capitalization: $27.5 billion Ripple Dominance: 2.13% Market Rank: #6 Source: https://learn2.trade

Ethereum (ETH) Price Analysis: Ether Recovers above $1,900, an Upward Move Likely Key Highlights Ethereum reaches $1,863 low and pulled back The biggest altcoin has resumed an uptrend Ethereum ETH) Current Statistics The current price: $1,944.26 Market Capitalization:$226,595,023,679 Trading Volume: $17,616,407,906 Major supply zones: $2,800, $3,000, $3,200 Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis July 14, 2021 Today, Ethereum reached the low of $1,863 as bulls bought the dips. For the past week, the biggest altcoin has been in a downward move. This was after the rejection at the $2,400 high. Today, the market is showing some bullish signals for a possible uptrend. Meanwhile, on July 9 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that Ethereum will fall to level 1.272 Fibonacci extensions and reverse. That is at level $1,945.69. From the price action, the market has shown bullish signals for a possible reversal. ETH/USD – Daily Chart ETH Technical Indicators Reading Ether is at level 40 of the Relative Strength Index period 14. The coin is in the downtrend zone and below the centerline 50. The crypto is below the 20% range of the daily stochastic. It indicates that the coin has fallen to the oversold region of the market. The implication is that buyers are likely to emerge in the oversold region. ETH/USD – 4 Hour Chart Conclusion Ethereum has resumed consolidation above the $1,900 support as price resumes upward. On the 4 hour chart, Ether fell to the oversold as buyers emerge. Meanwhile, on July 8 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that Ethereum will fall to level 1.272 Fibonacci extensions and reverse. That is level $1,951.04. From the price action, the market has bullish signals for a possible reversal. Source: https://learn2.trade

Gold (XAUUSD) Recovers above Level $1,760 but Struggles to Break $1,800 High Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish XAUUSD has resumed an upward move after falling to the low of level $1,760 on June 18. On June 29, the bears retested the support as Gold resumed upward. The implication is that the uptrend has resumed as price fails to break the current support the second time. From the Fibonacci tool, Gold has reached bearish exhaustion at the 2.618 Fibonacci extensions as price resumes upward. XAUUSD – Daily Chart Daily Chart Indicators Reading: Gold has risen to level 48 of the Relative Strength Index period 14. It indicates that Gold is in the downtrend zone and below the centerline 50. The 21-day SMA and 50-day SMA are sloping downward indicating the downtrend. The Gold price has broken above the 21-day SMA. A break above the 50-day SMA will propel Gold to rise. Gold (XAUUSD) Medium-term bias: Bullish On the 4 hour chart, the Gold price has resumed its upward move. Meanwhile, on July 6 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that Gold will rise to level 1.272 Fibonacci extension and reverse. From the price action, the Gold price is rising to reach the Fibonacci level. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading Gold is above the 40% range of the daily stochastic. It indicates that the market has reached bullish momentum. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend. General Outlook for Gold (XAUUSD) XAUUSD’s price has recovered above $1,760 support. Gold price is rising as the 21-day SMA crosses above the 50-day SMA. According to the Fibonacci tool, Gold will rise to level 1.272 Fibonacci extension and reverse. That is at level $1,830.71. Source: https://learn2.trade

XAGUSD: Silver Price Is Holding Up Beyond Mid $26.00 Level XAGUSD Price Analysis – July 4 The Silver (XAG) sellers were unable to keep their price below the $25.00 level and began a new surge versus the US Dollar. The XAGUSD pair has moved into a positive zone after breaking through the mid $26.00 level. Silver is holding up while the dollar fell on Friday as risk appetite increased. Key Levels Resistance Levels: $28.00, $27.50, $27.00 Support Levels: $26.00, $25.50, $25.00 XAGUSD Long term Trend: Ranging The moving average 5 of silver (XAGUSD), which is currently working as support at $26.00, has served as a solid basis for price activity in recent days, with the moving average 13 about crossing lower at $26.10 given credence to a change in trend. To the upside, there is decent resistance in the $26.72 region, while to the downside, the current range’s bottom comes into play just around the $25.50 level. Currently, XAGUSD is rising, and bulls may try to push the price above $26.72. XAGUSD Short term Trend: Ranging Technical buying on the recovery from a short-term slump around ascending trendline support at the $25.52 level from June 29 has helped spot silver prices recapture past the $26.00 level in the short run. Silver, on the other hand, remains well within recent ranges when viewed over a medium time horizon. This week, Silver (XAG) may attempt an upside breakout, and a break of $26.72 minor resistance might push the price to the $27.00 mark. There hasn’t been any follow-up buying yet. But, before any rise, sustained trading over the $26.00 level should confirm that a rebound from $25.52 has been completed at the $26.50 level. Source: https://learn2.trade

USD/CAD Retests Overbought Region at Level 1.2500, May Face Rejection Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: Bearish USD/CAD has resumed a partial upward move after reaching the low of 1.2300. Presently, the currency pair is trading in the overbought region of the market. The pair is trading at level 1.2406 at the time of writing. Meanwhile, on June 23 downtrend, a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the market will fall to level 2.618 Fibonacci extension or level 1.1877. USD/CAD – Daily Chart Daily Chart Indicators Reading: USD/CAD has risen to level 64 of the Relative Strength Index period 14. It indicates that the pair is in the uptrend zone and above the centerline 50. The pair is also approaching the oversold region of the market. The 21-day and 50-day SMAs are sloping downward. USD/CAD Medium-term Trend: Bearish On the 4-hour chart, the USD/CAD is trading in the overbought region of the market. Sellers are likely to emerge in the oversold region to push prices down. The price bars are above the moving averages. A break below the moving averages will signal the resumption of selling pressure. USD/CAD – 4 Hour Chart 4-hour Chart Indicators Reading USD/CAD is above the 80% range of the daily stochastic. It indicates that the pair is in a bullish momentum. However, the market has reached the overbought region. The 21-day and 50-day SMAs are sloping downward indicating the downtrend. General Outlook for USD/CAD USD/CAD pair is now in a downward move. The pair is currently trading in the overbought region. The selling pressure will resume if the pair faces rejection at the 1.2500 resistance zone. Source: https://learn2.trade

EURJPY Extends Bounce As Further Gains Lie Above 132.00 Level EURJPY Price Analysis – June 25 EURJPY gathers buying to 132.45, attempting to cross over the mid-132.00 threshold. During the early Friday recovery moves, the pair is up 0.10 percent intraday, increasing for the fourth session in a row. Key Levels Resistance Levels: 133.50, 133.00, 132.50 Support Levels: 13200, 131.50, 131.00 EURJPY Long term Trend: Ranging The EURJPY continues to move north, slowly reaching the 132.69 weekly high level. The pair is currently up 0.10 percent at 132.30, and a breakthrough in the sub 133.00 zone will take the pair to 133.50, putting it on track to set new highs. Initial support, on the other hand, is around 131.50, followed by the 130.04 weekly low and ultimately the 129.02 low. In the meantime, the rise from 121.61 is considered as a medium-term phase of growth inside a long-term consolidation trend. As long as the support level of 129.02 remains unchanged, a steady gain is likely. EURJPY Short term Trend: Ranging EURJPY is still trading in a range of around 132.27, with an initial positive intraday bias. On the 4-hour time frame, however, a steeper correction is brewing, but the trend may remain bullish as long as the 130.04 support level holds. On the other hand, a continuing breach of the 132.50 medium level might confirm a short-term uptrend and lead to a 100 percent forecast of 130.04 to 132.69 from 132.00 at 133.50 levels shortly. In the short term, the EURJPY remains vulnerable to an upward bias, therefore a break below the support level of 132.00 might lead to weakening into the 131.50/131.00 support zone. On the other hand, resistance can be seen near the price level of 133.00. The pair may keep moving forward. Source: https://learn2.trade

A LONG-TERM CRYPTO INVESTMENT STRATEGY “…Cryptoassets were the biggest institutional revolution since the Industrial Revolution and they represented the investment of a lifetime.” – Van K. Tharp, PhD What is the idea? What crypto coins should you buy? For instance, you may want to invest in popular DeFi tokens. According to John Hargrave, for the vast majority of DeFi projects, the layer is Ethereum. As he’s said again and again, the easiest way to invest in DeFi is to just buy and hold Ether. It’s the foundation of DeFi, and it’s the foundation of a smart DeFi investment portfolio. Nonetheless, popular DeFi coins serve unique purposes and they can deliver great returns in future. So you may not want to restrict your opportunities to ETH only. Yes, there are tremendous opportunities to make money from other coins. One of the DeFi tokens that stands out is Uniswap (UNI), created by Hayden Adams in November 2018. From September 2020 to May 2021, UNIUSD rose from $4 to $44. But that is just the beginning, for price is bound to rise from here, following the recent large bearish correction. Uniswap facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contract. In 40 years to this time, UNIUSD would be worth at least, $400,000. This is just one of the numerous examples. You need to pinpoint cryptos whose value will go upwards exponentially in future. FINDING THE NEXT UNICORN Buy all the top 100 crypto coins. Look at the top 100 coins. They are the 100 biggest coins in the world by market capitalization. That means they are currently popular, and it also means a lot of people have invested in them. Most top 100 coins are promising, having excellent purposes and bright future. Depending on your financial status, you can invest $1000 in each coin, making a total of $100,000. Or you can invest $100 USD in each coin (a total of $10,000), or you can invest $10 in each coin (a total of $1000). Then hold the coins forever. No matter how expensive a coin is, like Yearn. Finance (FI) which is currently around $39,658, but which once reached a high of $90,000. Buy it. No matter how cheap a coin is, like SHIBA INU (SHIB) which is currently around $0.000007151, but which once reached a high of $$0.000040151. Buy it. THE ULTIMATE FATE OF THE TOP 100 COINS Some coins will become crashing failures, and some coins will become roaring successes. Some coins will perform above expectations and some will perform below expectations. Some coins will neither make money significantly nor lose money significantly. Within 2 years or 5 years or 10 years or 20 years, some of the coins that are currently in the top 100 would have been pushed out of the top 100, and some would remain within the top 100. Some which are below the top 50 or the top 80 would have been pushed up to the top 10. By then, some currently unpopular coins would have become household names, and extremely successful. On the other hand, some coins would have disappeared or become totally worthless or useless/seriously unpopular. That will also happen. However, the coins that make money will by far, compensate for the losses you have on the coins that eventually prove worthless. The colossal gains you would make from the successful coins will make your losses on the eventually useless coins to pale into insignificance. How viable is this investment idea? A CASE STUDY IN STOCK MARKETS James Altucher recently released an investment newsletter in which he mentions this: Make a serious research to identify an industry with exponential growth; then buy many (if not most) stocks in the industry. Since a man named Gordon Moore declared that computing power would double every 2 years, that prediction has proven to be correct, even 56 years later. What did that mean if you were alive then? It means you could invest in computer companies. For you to understand, please let me quote Altucher directly: “Let’s say, from 1970 to 1990 you put just $1,000 into each of the next 100 computer companies to go public. And then you ignored them until today. Which means you would invest $100,000 in total ($1,000 into 100 companies). Many computer companies went bankrupt during this time. Do you remember Eagle Computer. Or Commodore? Or the ElectroData Corporation? How could you forget the one-time third-largest computer manufacturer? The maker of the DataTron 203 that shipped for a price as cheap as $125,000. It weighed 3,175 pounds and had about 4k of memory. Many companies went bankrupt. But how could that be if the computer industry was growing exponentially?? Let’s say that out of the 100 companies you invested in and forgot until this moment, 98 went bankrupt. Let’s say only Microsoft and Intel survived. The real facts are that many more than 2 of the 100 survived, but this is an extreme example. So out of your $100,000 invested, $98,000 went down the drain. Only 2 companies, or $2,000 of your investment survived. That sucks, right? Wrong! If you had done this strategy, you would have $3,500,000 today. In fact, you would have a lot more because many more than just two companies survived. But again, I use this as an extreme. If you invest now in an exponentially growing industry, even if you invest small amounts, you will make an enormous amount of money. This is no joke. But, you might say, “An industry like computers only happens once every 50 years.” Because of the rise of the computer industry, computers now create exponential industries. There are many exponentially growing industries.” (Source: Jamesaltucher.com) TIME TO GET RICH SLOWLY You can see that the crypto investment strategy explained in this text works in any major industry with potentially exponential growth. It has proven to work in stock markets, crypto industry, etc. Let’s take a factual, real example. I invested $200 in 2 coins ($100 for each coin), and less than 3 years later, one coin has gained over $11,700 for me; while the value of the invested $100 on the other coin has depreciated to $26. “If you invest in crypto, then expect to live with huge volatility. No major institutions that I know of, however, have sold off their crypto investments,” says Dr. Van Tharp. My $200 investment was then worth $11,726. Was that bad? Actually you cannot lose more than what you have invested in a coin, but you can really gain more than what you have invested. Even that $74 depreciation on the second coin wasn’t a real life loss unless I cashed it out. That is the beauty of crypto investment. Good, viable coins will eventually go up, irrespective of crypto winters and storms along the way. I am a living witness to this truth as I myself began to get my feet wet in the crypto industry years ago. Some coins like BNB and ADA have paid handsomely, while some coins like ATB and ETN have become failures. Some coins like XRP and TRX have neither made serious money nor lost serious money. Ultimately, you will be richly rewarded by the cryptos that make money. CONCLUSION This investment idea is great if you buy and hold forever. That is the best way to make money. Nonetheless, there is a killer short-term crypto investment strategy that will be revealed in the next article in this series. That strategy enables you to make money by taking short-term positions in crypto markets, focusing on the top 100 cryptos only. The accuracy of the strategy is stunning and it is one of the strategies we use to generate signals in our Telegram channels. Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results Source: https://learn2.trade

Bitcoin Hashrate Crisis: Correlation Between BTC Price and Hashrate Since its creation in 2009, the Bitcoin meteoric price rally remains a controversial topic across mainstream media. While many publications disregard BTC as a highly volatile asset and label its price action random, some data sets assert that the price movements get influenced by well-known metrics. According to data from Blockchain.com, a Reddit post, which superimposed BTC price history to identify trends, noted that there exists an uncanny correlation between Bitcoin’s hashrate and its price action. Based on the chart, BTC prices typically “revert-to-the-mean” of hashrate data, with eleven clear instances of correlating with logarithmically calculated hashrate values. Using this metric for retail trading, the observations prove useful as buying BTC after the price crosses above the hashrate value results in a massive bull wave in four instances, followed by a gradual descent. This correlation highlights BTC’s price action as anything but random, as many speculators and analysts like to state. Additionally, transaction values, price activity, technical analysis, and fundamental factors all influence the price action of BTC, much like traditional financial markets. Hashrate and Its Relevance to the Bitcoin Network For newbies, hashrate refers to the “buying power” of the Bitcoin network. It refers to the total combined computational power getting used at any particular moment to mine and process transactions on the Bitcoin network. Hashrate gets measured in units of hash/second, which represents the number of calculations the network processes every second. A higher hashrate typically means more miners are on board, translating to better security for the network. Higher hashing rates safeguard a network against 51 percent attacks. Meanwhile, Bitcoin’s hashrate is currently at its lowest point since November 2020, following ramped-up activities by the Chinese government to wean the country of decentralized cryptocurrency activities in general. According to Bitinfocharts, Bitcoin hashrate is down at 91.2 exahash per second (EH/s), a 46.7% drop from its six-week high at 171.4 EH/s. The analytics firm also revealed that BTC mining profitability has dropped from its peak of $0.449 per day per terahash per second to $0.226. Hashrate Drop Triggers Bitcoin Crash Not surprisingly, the recent drop in hashrate has dealt a devastating blow to the price of BTC. At press time, the benchmark cryptocurrency trades at the $30,000 mark (-5% today). That said, speculators expect displaced miners in China to find their way to other BTC mining hubs, especially Texas in North America. This movement is the most significant miners’ migration in Bitcoin history. Once miners settle back into their previous rhythm, we can expect to see Bitcoin rise back to its recent highs. Source: https://learn2.trade

I have been corresponding with a mathematically oriented gentleman who is quite brilliant in his approach to the markets but who is very close to going off the deep end. He wrote me the following email: "I have given the 45 degree - phenomenon a lot of thought. I pretty much would like to know how you figure out the inner workings. "What I think is: "(a) The route of the 45 degree cuts the Elliot 3 pivot and the 4 reverse pivot in half. The retracing swing from 3 to 4 (starting off with what looks like a congestion) is the playing field of the insiders. It quickly develops into a squeeze to the downside before the final 5th wave shoots up. "(b) Those who know what is happening, take full advantage of the less informed by jumping on their resting orders. The key is the knowledge that the 5th wave lies ahead. Then the load of contracts could be transferred to the public's 'greed-panic.'" While I would like to agree with what he has stated above, I'm not really sure of what he actually said: Are you? I submitted the following answer: I know virtually nothing about how to count Elliott waves or the meaning of Elliott wave counts. I have no reason to believe in them and many reasons to believe that they are nothing more than what is stated about Elliott Waves. It is a THEORY. Personally, I want to trade based on facts and the reality of what I'm seeing. My belief that Elliott Waves are virtually worthless comes from the results others have obtained from following them. I am very familiar with these results. I know that Elliott practitioners have been dead wrong about the stock market for multiple years running. Elliott wavers missed the bull market of the 1990s. I know that many times they wrongly predicted the rise and fall of the U.S. dollar. I know that people who follow Elliott Wave Theory were wrong about gold and silver for many years, predicting rises as those metals fell to multi-year lows. It is difficult for me to understand why anyone would want to trade based on a theory when they could trade based on what is plainly seen in the markets. Author: Joe Ross Profits from games of knowledge: https://www.predictmag.com/

Cardano Market Analysis: Market Rebounds as Bitcoin Surges Cardano (ADA) is up by over 11% over the past 24 hours and currently trades at $1.5800 in the mid-Monday session. This bull run is the largest one so far since the start of June. The recent market rally pushed Cardano’s market cap above the $49 billion price point. Regardless the market cap is still miles away from its highest point of $71.5 billion set in May. Also, the cryptocurrency trades down by -36.2% from its all-time high of $2.46 set on May 16. Meanwhile, despite the current bull market, Cardano is still down by over 8% over the past seven days. At press time, the fifth-largest cryptocurrency has a 24-hour volume of $2.60 billion, which represents 2.63% of the total trading volume in the crypto market. In other news, Bitcoin (BTC) has cleared the $40k barrier and is up by 13.6% over the past 24 hours, following a goodish tweet from Elon Musk. This surge in BTC is responsible for the broader bullish sentiment seen in the market today. Bitcoin currently has a market cap of $750 billion and commands 44% of the total market capitalization. Ethereum has also regained bullish momentum and is up by 9.4% over the past 24 hours, with a market cap of $290 billion, and dominates 17% of the total market capitalization. Key Cardano Levels to Watch — June 14 Cardano posted a healthy rebound from the $1.4000 support yesterday thanks to the broader bullish sentiment in the market and reached a high of $1.5813. However, the cryptocurrency fell, once again, to the $1.5000 area, where dip-buyers took charge and sent ADA to a new daily high at $1.5856. ADAUSD – Hourly Chart That said, we expect to see a bullish continuation over the coming hours and days to the $1.7000 resistance and higher points. Bearish moves from its current price point should get support from the $1.5467 support line, where our 200 SMA resides. Meanwhile, our resistance levels are $1.7000, $1.8300, and $1.9500, and our support levels are $1.5000, $1.4000, and $1.3108. Total Market Capitalization: $1.73 trillion Cardano Market Capitalization: $50.2 billion Cardano Dominance: 2.89% Market Rank: #5 Source: https://learn2.trade

Bitcoin Cash (BCH) Reaches Bearish Exhaustion, Resumes up Trending Key Highlights BCH retested $560 low and resumed upward move The altcoin is in a downward correction Bitcoin Cash (BCH) Current Statistics The current price: $629.02 Market Capitalization: $13,210,849,033 Trading Volume: $1,500,840,541 Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis June 14, 2021 Bitcoin Cash (BCH) is in a downward move. Since May 27, BCH has been falling from the high of $807. The crypto fell to $560 low, retested it, and resumed upward move. The uptrend is facing resistance at the $640 high. Buyers have an uphill task to push the altcoin on the upside. The bulls have to sustain BCH price above the $850 high to be out of the downward correction. BCH/USD – Daily Chart Bitcoin Cash Technical Indicators Reading The crypto’s price is retesting the resistance line of the descending channel. If price breaks and closes above the resistance line, the market is expected to rise on the upside. The coin has fallen to level 42 of the Relative Strength Index period 14. The crypto’s price is below the 21-day and 50-day SMAs which suggests that the altcoin is in the bearish trend zone. The crypto tends to fall. BCH/USD – 4 Hour Chart Conclusion Bitcoin Cash has been in a downward move after rejection from the high of $807. On May 28 downtrend, a retraced candle body tested the 61.8 % Fibonacci retracement level. The retracement indicates that BCH will fall to level 1.618 Fibonacci extension or level $559.40. The crypto fell and retested 1.618 Fibonacci extension and resumed upward. Source: https://learn2.trade

Gold (XAUUSD) Is in an Impressive Bullish Run, Pauses above $1,890 Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish XAUUSD is in an uptrend. Gold has risen tremendously from its previous low of $1,680 to $1,890. The market reached the high of $1,925 and was repelled. Gold retraced to the support of the 21-day SMA. The uptrend will resume if the 21-day SMA holds. However, if prices break below the 21-day SMA, the downtrend will resume. XAUUSD – Daily Chart Daily Chart Indicators Reading: XAUUSD is at level 55 of the Relative Strength Index period 14. It indicates that Gold is in the uptrend zone and above the centerline 50. The 21-day SMA and 50-day SMA are sloping upward indicating the uptrend. Gold has a bullish crossover. The 21-day SMA crosses above the 50-day SMA which indicates a buy signal. Gold (XAUUSD) Medium-term bias: Bullish On the 2 hour chart, the XAUUSD price is in an upward move. The current bullish trend has reached the overbought region of the market. Meanwhile, on June 4 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that Gold will rise to level 1.272 Fibonacci extensions or level $1,903.10. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading Gold is above the 80% range of the daily stochastic. It is in a bullish momentum. XAUUSD has reached the overbought region of the market. The 21-day SMA and the 50-day SMA are sloping upward indicating an uptrend. General Outlook for Gold (XAUUSD) XAUUSD’s price is in an upward move. The gold price has currently reached the overbought region of the market. The market declines and finds support above $1,850. XAUUSD is likely to resume an upward move. Source: https://learn2.trade

XAGUSD Pair Buyers Look for Bullish Continuation XAGUSD Price Analysis – June 6 After failing to profit from the weaker DXY on Friday, the XAGUSD saw some buying near the $27.00 mark. As buyers hunt for upside continuation, the pair is correcting but could be headed for a new high. As buying interest ramped up at the $27.22 level, silver is currently pushing up against the upside limit at the $28.00 level. Key Levels Resistance Levels: $30.13, $28.75, $28.32 Support Levels: $27.50, $27.00, $26.72 XAGUSD Long term Trend: Ranging As a result of the buying interest around the $27.22 level, negative momentum has strengthened significantly. If buyers can push the price above the cloud and the resistance zone that has formed between $28.00 and $28.32, the price might swiftly test the nearby high of $28.90. On the downside, first support might come from the $27.50-$27.00 range, and a conclusive violation of this long-term support zone could send the price crashing into the $26.72 and $26.00 lows, respectively. If the price follows the pattern, the metal’s bullish bias may be weakened, and bears may reclaim the lead. XAGUSD Short term Trend: Ranging Silver appears to be heading at a technical hurdle at the $28.00 level, as seen on the 4-hour chart. If the barrier holds, XAGUSD is anticipated to find support near the $27.50 level, thanks to a 4-hour moving average of 5, and return to extend gains against the US Dollar in the short term. The upside range between $28.00 and $28.90 might be a viable upside target; in the meantime, bears are unlikely to win the market. A persistent break below, on the other hand, will be considered as the first symptoms of bullish tiredness, putting the pair at risk of testing the important $26.72 level. Source: https://learn2.trade

EURUSD Indecisive Market Lacks Follow-Through Buying EURUSD Price Analysis – May 24 The EURUSD is stuck between February’s high of 1.2243 and a long-term restricting horizontal barrier line, which if broken would open the way to the top of a larger uptrend that began in March 2020. The EURUSD indecisive market lacks follow-through buying beyond 1.2245 barriers. Overall, the safe-haven USD gains were limited by the risk-on mood, which helped limit the downside. Key Levels Resistance Levels: 1.2414, 1.2350, 1.2245 Support Levels: 1.2150, 1.2100, 1.2050 EURUSD Long term Trend: Ranging On Monday, the EURUSD pair saw some buying in the initial half of the European trading session, up from 1.2171 with about 50 pips from the lows set earlier at the weeks open. The RSI has been unable to restart upward movement in recent days, while the price trades around the 5 and 13 moving averages, raising the chances of a near-term downside correction. In the near term, however, an ascending trendline has been shielding the market from rapid downside moves. As a result, the bears must successfully break this through to encourage more aggressive selling toward the 1.2050 swings low of Mar. 13, 2021, where the medium support is located on the daily chart. EURUSD Short term Trend: Ranging As seen on the 4-hour chart, with 1.2050 support intact, the EURUSD has a neutral intraday bias and is expected to consolidate. A break of 1.2245 on the upside will restart the rise from 1.1704 to retest the 1.2350 high. The bullish case will be delayed if 1.2050 is broken. The intraday bias will be shifted to the downside to expand the consolidation trend that began at 1.2350 with another dropping leg. In summary, in the short term, the EURUSD has a diminishing bullish bias. A close below 1.2150 could confirm more losses, while a close above 1.2245 could seek to reintroduce the previous uptrend. Source: https://learn2.trade

USD/JPY Breaks Resistance at Level 109.80, Targets Level 111.78 Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Bullish Today, the Yen has broken the previous price level to reach the high of $110.78. On May 3 uptrend, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the pair will rise to level 2.0 Fibonacci extension or level 111.78. USD/JPY – Daily Chart Daily Chart Indicators Reading: The pair has risen to level 64 of the Relative Strength Index period 14. It implies that the Yen is in the uptrend zone. However, it has no enough room to rally on the upside. The 21-day and 50-day SMAs are sloping upward. The currency price has broken above the SMAs. The pair will rise if the bullish momentum is sustained. USD/JPY Medium-term Trend: Bullish On the 4-hour chart, the Yen is in an uptrend above level 109.800. The pair has broken above level 110.00. On May 28 uptrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the pair will rise to level 1.618 Fibonacci extension or level 111.16. USD/JPY – 4 Hour Chart 4-hour Chart Indicators Reading USD/JPY pair is above the 80% range of the daily stochastic. It indicates that the pair is now in the overbought region of the market. Sellers are likely to emerge. The 21-day and 50-day SMAs are sloping upward indicating an uptrend. General Outlook for USD/JPY USD/JPY is in an uptrend and has broken above the resistance at level 109.80. The Yen is currently approaching the high of level 110.50. However, the upward move of Yen is doubtful as it is trading in the overbought region of the market. Source: https://learn2.trade

“Bitcoin. It’s everywhere. It seems every investor in the world can’t get enough. Where were they when I was pounding the table on Bitcoin at $400, $1,000, $4,000 and $10,000? If you didn’t get involved in bitcoin when I first brought it to you at $400 I have some bad news. The opportunity to take a trivial sum of money and transform it into a small fortune doesn’t exist in Bitcoin anymore. That opportunity is gone. It will never return. At $50,000 each, bitcoin is just for the big boys now. That’s why if you want to have a shot at making life changing gains now... You need to look into a different corner of the crypto world. I call these up and coming cryptos “Tech Royalties.” These cryptos are tiny. Some trade for as little as $0.02. And yet, they have the explosive upside of small cryptos plus they pay massive ongoing “Royalty" like payments. There is an imminent announcement that will blow up the prices of Tech Royalties. I’m talking about 1,000%, 2000%, 5,000% even 10,000% in potential gains. Sounds crazy right?” Was it crazy when I recommended Ethereum at $9? That’s now up 19,000%. Was it crazy when I recommended NEO? That’s now up 32,000%. Friends the only thing crazy is if you get left behind. That’s crazy.” - Teeka Tiwari Profits from games of knowledge: https://www.predictmag.com/

Ripple vs. SEC: SEC Requests for the Deposition of Five Witnesses In the ongoing SEC vs. Ripple (XRP) case, the Commission is now requesting that Judge Sarah Netburn depose five more witnesses, including former Ripple CFO Ron Will and former Xpring senior vice president Ethan Beard. The Securities and Exchange Commission asserts that its increase in deposition requests spurs from the new development of evidence and “the sheer scale of Ripple’s unlawful XRP offering.” Currently, ten active and former Ripple employees are to testify on several matters. The SEC is also making efforts to strong-arm Ripple into producing documents relating to its lobbying efforts. In June 2020, Chris Giancarlo, a former chairman of the Commodity Futures Trading Commission, publicly asserted that XRP was not unregistered security. However, the SEC argued that Giancarlo was on Ripple’s payroll, noting that: Additionally, the agency has requested access to the documents of five other custodians to obtain “all relevant internal and external documents.” Key Ripple (XRP) Levels to Watch — May 26 After suffering a massive plunge below the $0.7000 level, Ripple appears to have regained bullish traction as the crypto market recovers from its recent crash. The seventh-largest cryptocurrency currently trades around the $1.0600 level, as it trades along a bullish trendline. XRPUSD – Hourly Chart The immediate target for bulls is the $1.2700 resistance followed by the $1.5000 level. That said, any declines from the current price should find healthy support from the $1.0000 psychological support level. Meanwhile, our resistance levels are $1.5000, $1.5500, and $1.6000, and our support levels are $1.4000, $1.3500, and $1.3000. Total Market Capitalization: $1.62 trillion Ripple Market Capitalization: $43.6 billion Ripple Dominance: 2.68% Market Rank: #7 Source: https://learn2.trade

Is Dogecoin (DOGE) a good long-term investment? You can still make money on Dogecoin in 2021! As this article is being written, DOGE has gained close to 80,000% since its creation, despite the recent large pullback in the market. Price is bound to recover from here as the market moves higher. You can make money from Dogecoin this year. Many investors have made money lots of money from that coin since it was created and many more will make money this year, even if they are newcomers. For most of 2021, the overall bias on DOGEUSD is bullish, and while there would be large or minor pullbacks along the way, the market would quickly or slowly recover. Price might reach 1.00 USD and possibly reach 1.5 USD before the end of this year. There are active crypto traders who make money from DOGEUSD by buying it when the RSI period 14 reaches the oversold region of less than level 30. They also sell the coin when it reaches the overbought territory of the RSI 14 level 70 on the daily chart, raking in huge gains as they ride DOGE price southwards. Also, investors who buy the current pullback and hold till the end of December 2021, will have nice profits to show for their patience. At the end of 2021, I would dump Dogecoin completely and convert the gains on it to cash or a stablecoin. But I won’t hold Dogecoin (DOGE) for the long-term Most cryptocurrencies are scams because they do not serve unique purposes or solve unique problems. Even certain cryptos that are believed to solve real problems have disappointed investors. A number of coins which used to be household names and very promising some years ago have now become almost worthless. Some coins/tokens made money years ago, and they lost more than 90% of their value and have not recovered anything since then, even though cryptos generally went upwards in 2020 and 2021. I will give examples of these coins in another article. Some experts once thought that coins in the top 50 or the top 100 were to be trusted. Nonetheless, in the last 14 months, a considerable amount of coins got pushed out of the topmost 100; and while certain coins did not get pushed out too far, some coins got pushed too far, even close to the topmost 1000. Why Dogecoin (DOGE) is not a good long-term investment But why? There is no way you can liken DOGE to ADA or ETH. There are huge differences. You can never compare DOGE to BTC. Yes, if one is a gem, the other is paper. For instance, while BTC has limited/maximum supply by design, about 10,000 units of Dogecoin are created per minute. If Dogecoin reaches the resistance line at $1.00, its total value would be in the region of $129 billion, which will make it the number 3 crypto coin in the word in terms of market cap. I quote a veteran, professional coach for traders and investors: “..I personally think that DOGE is probably one of the worst cryptos even though it is currently ranked #5 in market cap. It was formed as a joke, so at least it’s not a Ponzi scheme. DOGE is based upon a meme and has no reason to have any value except that young people think it’s real and important. If you talk to most people in their 20s, DOGE is the only crypto they own because it’s all over social media. Elon Musk might be brilliant at owning tech companies but he certainly isn’t an authority on investing in other people’s companies. He’s been talking and joking about DOGE lately but I recently learned that he has been working with the DOGE developers since 2019. Could that be more joking? Either way, I don’t trust people who get sued (repeatedly) for tweets that impact the price of their company’s stock (Tesla). Tesla stopped accepting BTC as payment for their cars. It will still keep its large BTC investment even though it burns a lot of electricity. Musk is accepting DOGE payment for his space X project but DOGE is also a proof of work coin that burns a lot of energy too…” – Van K. Tharp, PhD Please let the fact above sink in. I also quote Sir John Hargrave of Bitcoin Market Journal: “What are you buying? You’re buying a joke currency that depreciates in value (10,000 new units of dogecoin minted every minute). It already has a higher market cap than Polkadot, Cardano, and Algorand, which are actual blockchain platforms where people build things. If it gets to $1.00, it will surpass Binance coin, which powers the largest crypto exchange in the world. To me, it’s clear that Dogecoin is a bubble, fueled by the same kind of meme mania that has driven up GameStop stock. It’s not really an investment, it’s a gamble, and I hate gambling. So I wouldn’t touch Dogecoin with a 10-foot leash, simply because of the tokenomics…” Dogecoin to collapse in 2022 Dogecoin is doomed to become worthless in the future, starting somewhere in 2022, and investors who don’t cash out by the end of this year will deeply regret it. To hold coins for a long period of time, do not bet your sweat on tokens that serve no real purposes other people’s fantasies. It is better to stick to cryptocurrencies that have stood the test of time. Source: https://learn2.trade

In 1999, I started teaching at a private school, following my secondary school education. My salary then was N1000. It was something that was barely enough to sustain me, even for one week. I usually walked to that school to teach, trekking for about 20 kilometers. Sometimes, I would feel like begging my students for food, during lunch break. The teacher was hungry, and the students had food, given to them by their parents. Despite the fact that the money paid per month was too small, the school owed me consistently. Before I started working as a teacher, I was sustaining myself through hard labor. My teenage years were particularly hard as I had to carry bricks, soil, firewood, etc. in order to earn a living. When people complain of hardships, I usually laugh, because hardships have been in existence for time immemorial; the noise just got louder. I decided to utilize my secondary school education because I was getting tired of labor jobs, especially because you might work hard in the hot sun and you wouldn’t get paid that day, and you would go to bed hungry. Nothing to show for twenty years of teaching A private teaching job is easy to get but it is one of the poorest paying jobs in my country. Only a few schools can pay sizeable amount of money. Public school teachers are better off, as they have job security, higher pay and pension plans. Private school teachers get hired and fired at will, and they get owed a lot. I taught at some private schools, but taught mostly from house to house. Most people call me “Uncle.” There was respect, but there was no money. Some parents appreciated and paid promptly. A few paid well, and most paid low. Some parents bought extra foods for me or gave me extra gifts. Some parents disappointed me and some owed me. I have been insulted by some students and some parents. I have been appreciated by some students and some parents. Some parents owed me and carried the debt to their grave and some parents wanted me to continue teaching their kids when it was clear that they couldn’t pay. Some parents fired me abruptly and I fired myself in some cases because parents couldn’t pay. Some of my formers students have become louts; some have given births to unwanted children. Some former students have graduated and attained higher education than me, and some have made commendable achievements in life. When some of my former students see me, they greet me heartily and some shun and avoid me when they see me. Nothing to show for many years of teaching labor, save the fact that I was able to keep the body and the soul together. I had to save money for 5 years before I could rent a one-room apartment in a ramshackle face-me-I-slap you building. There was a plastic mat on the floor, with a cloth hanger and books. Yes, lot of books: But no television, no video, no chairs and table. The beginning of my breakthrough Online trading and online business are a real game changer in my life. Online business and activities like Forex, Binary Options, Cryptos investments, advisory services and e–currency exchange eventually lifted me out poverty and make me financially self-sufficient. Without online business, I would be riding a motorcycle or a Marwa (motor tricycle) for a living. That is why you need to take chances if you don’t want to spend the rest of your life as a post-office clerk. The lot of the private teacher now is much more dismal than it was about 20 year ago. Parents are now poorer and the teaching job is more glutted than ever. Any joy in teaching? Yes, there is joy. There is fulfilment. The only thing is that I loved what I was doing and had passion for it. It satisfied my heart. It is a good thing to see those you tutored in the past, reaching maturity and becoming responsible adults and attaining higher heights. Apart from that, I hate to think that the rewards of the teacher are in heaven. I was single when I depended largely on teaching; but now that I have mouths to feed and heavy responsibilities on me, private teaching can never sustain me again. Profits from games of knowledge: https://www.predictmag.com/