Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Huh”
I don;t know how this made its way into the the South China Morning Post … but here it is anyway:
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Momentum trading to offer best foreign exchange returns in 2015
- The best way to make money in foreign exchange right now is to jump on the bandwagon. Latching on to trends as they gain strength, or momentum trading, is handing investors the best returns in three years, according to a Deutsche Bank index
- A fresh wave of monetary stimulus by central banks from Europe to India and Canada this year is weakening their currencies and creating clear trends for investors to follow
- “Foreign-exchange rates are trending in a big way,” Robin Brooks, a strategist at Goldman Sachs Group in New York, said on January 25. “This means pushing back against the instinct to wait for the pull-back, the positioning wash-out, the correction.”
There ya go.
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On a more short-term basis, the CHF crosses are all swinging around, every day. If you can put up with the reduced liquidity (evident in the wider spreads, for example) since the SNB bombshell, that is:
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.