Home Cryptocurrency Crypto Investor News for 11/8/21

Crypto Investor News for 11/8/21

by Serge Shlykov

Cryptocurrency investors are beginning to see the light at the end of the tunnel, as Bitcoin’s price has begun its upward trend after some brief dips. The SEC is reportedly considering a Bitcoin ETF approval by early 2019, which could make this coin an even more valuable asset in time for it. However, be wary of potential scams and ICOs that may try to take advantage of this momentary bullish sentiment

The “bitcoin news” is a cryptocurrency that has been in the news recently. The “crypto investor news for 11/8/21” will tell you everything you need to know about bitcoin and other cryptocurrencies.

NFTs, according to marketers, may be more than just publicity stunts (WSJ): What are the similarities between American Eagle, McDonald’s, and Charmin? As marketers try to get on board, they’re all releasing NFTs.

Investor Takeaway: While the majority of these NFTs will be worthless in the future, the astute investor will purchase the NFT platform (which is Ethereum, which continues to establish new all-time highs).

(Paid members may review How to Make Money in NFTs from Friday and attend our NFT Hands-On Workshop on Wednesday, November 10th at 6:30 p.m. ET.)

Crypto Investor News for 11/8/21

 


 

Crypto Investor News for 11/8/21

By revenue generated, the top blockchain platforms are listed. Ethereum is a green cryptocurrency. (Photo courtesy of the Token Terminal)

 


 

Crypto Investor News for 11/8/21

Purchase cheap and sell high. Unless you’re the originator of those assets, in which case it’s only a question of when and how you sell, it’s basically the only way to generate money from speculating on financial assets.

Elon Musk, the world’s wealthiest man, created quite a stir over the weekend by posting the following twitter poll and subsequent tweets.

Crypto Investor News for 11/8/21

For many, the whole scenario brought back memories of when Charlie Lee, the founder of Litecoin, liquidated his entire stockpile of the digital currency just as the bull market was peaking in 2017.

Crypto Investor News for 11/8/21

Despite the fact that the transfer was most likely undertaken with the greatest of intentions, and most of it was given rather than sold on the market, Lee is still affected by it today.

When I met with him at the Litecoin Summit in Las Vegas 2019, he informed me, “I have a lot of detractors.” How could he have known he was selling at the top of the market?

Lee’s choice was well-intentioned, as we can see from his statements, since he wasn’t paid and didn’t want to create a conflict of interest by becoming unduly committed in the project. Does this ring a bell?

Musk, on the other hand, is begging the question. … Is paying taxes a charitable act?

 


Value

Tesla’s market value is now bigger than all 21 energy businesses in the S&P 500, according to a research released on Friday.

It doesn’t get much more valuable than that. So, whatever the cause, Musk is making a life-changing decision.

In the venture capital (VC) sector, there’s an old adage that you shouldn’t bet against Musk, but in this situation, he’s plainly betting against himself, as well as the rest of the market.

For the time being, investors are satisfied to reject the Federal Reserve’s attempts to decrease stimulus and even more content to pump more money into a stock market that, by historical standards, is considerably overpriced.

Tesla stock has risen 15,715 percent on the Nasdaq since the beginning of 2013, so a drop isn’t out of the question.

To be honest, even this meteoric rise pales in comparison to bitcoin’s.

Crypto Investor News for 11/8/21

 


 

Is it true that I’m late?

In her most recent research article, analyst Evamarie Augustine addressed this very topic.

I honestly don’t want to reveal any spoilers, so you’ll have to go to this website and read the article for yourself.

As someone who has spent the most of the past several years acquiring bitcoin, I’ve been concentrating on progressively paying off my prior debt with a conventional bank in order to cancel my account there. It’s a very dreadful bank.

 


 

Crypto Investor News for 11/8/21

Crypto Investor News for 11/8/21

That seems to be a fantastic concept!

 


 

Crypto Investor News for 11/8/21

Crypto Investor News for 11/8/21

It’s never too late to start… Unless you’re a bank, of course. (To share this meme, go here.)

The “why is bitcoin going up today” is a question that has been asked quite a lot lately. The answer to this question is actually quite simple. There are many reasons why the price of Bitcoin might be going up, but as for now, it’s not entirely clear what those reasons are.

Related Tags

  • bitcoin price
  • bitcoin price highest ever
  • bitcoin all time high
  • ethereum price prediction
  • bitcoin price twitter

Related Posts