we opened 2 trades with 1% and 2% trailing profit for the news
We have gained about 0.8% profit from these. With stop loss activated.
#Tip I always recommend that you use stop loss, even when it comes to small trades. If you don't know what percentage of stop loss you want, you can use -15% so that you can step away from your computer
Facebook has finally unveiled its blockchain plans following numerous rumors about its “GlobalCoins” project. Today, the company announced that the global cryptocurrency will actually be called “Libra.” 👀
Here’s what we know:
Libra will launch in 2020 along with a blockchain-based network
Facebook is also launching a digital wallet called Calibra, which will have its own app and be built into WhatsApp and Messenger
Calibra promises to keep your crypto dealings and your Facebook data private
Founding members of the Libra Association, a not-for-profit which oversees the token’s development, includes Visa, Uber, Lyft, Spotify, PayPal, Mastercard, Stripe and Andreessen Horowitz, to name a few
Facebook, Calibra and these other founding members will earn interest on the money users cash in (it will be held in reserve to keep Libra’s value stable)
Some initial reactions:
“If Facebook can make this right then we potentially have one global currency” - Edul
“I'm very very curious how this matures. Facebook is one of the few companies that can accelerate cryptocurrency adoption to the mainstream (whether the crypto communities like it or not).” - Ryan
“Now Google and Apple will compete and it will really boost the industry.” - Seth
In the white paper Facebook published today, the company states its mission is to “enable a simple global currency and financial infrastructure that empowers billions of people.”
Between the lines, Facebook may be poised to scale a global cryptocurrency (more so than Bitcoin or Ethereum). In Facebook’s words:
“Mass-market usage of existing blockchains and cryptocurrencies has been hindered by their volatility and lack of scalability, which have, so far, made them poor stores of value and mediums of exchange.”
On the selling side, Facebook has relationships with 7 million advertisers and 90 million small businesses. On the consumer side, it’s estimated that 2.1 billion people use Facebook (which includes WhatsApp, Instagram or Messenger) each day.
If successful, Libra could become something akin to the next PayPal — an easy to set up payment method that’s universal and decentralized. Ironically, David Marcus, co-creator of Libra and long-time Facebook exec, is the former President of PayPal. It could also become a competitive banking system by offering access to folks in developing countries, reducing money transfer fees through Calibra and offering loans and credit to users.
Here’s what we know:
Libra will launch in 2020 along with a blockchain-based network
Facebook is also launching a digital wallet called Calibra, which will have its own app and be built into WhatsApp and Messenger
Calibra promises to keep your crypto dealings and your Facebook data private
Founding members of the Libra Association, a not-for-profit which oversees the token’s development, includes Visa, Uber, Lyft, Spotify, PayPal, Mastercard, Stripe and Andreessen Horowitz, to name a few
Facebook, Calibra and these other founding members will earn interest on the money users cash in (it will be held in reserve to keep Libra’s value stable)
Some initial reactions:
“If Facebook can make this right then we potentially have one global currency” - Edul
“I'm very very curious how this matures. Facebook is one of the few companies that can accelerate cryptocurrency adoption to the mainstream (whether the crypto communities like it or not).” - Ryan
“Now Google and Apple will compete and it will really boost the industry.” - Seth
In the white paper Facebook published today, the company states its mission is to “enable a simple global currency and financial infrastructure that empowers billions of people.”
Between the lines, Facebook may be poised to scale a global cryptocurrency (more so than Bitcoin or Ethereum). In Facebook’s words:
“Mass-market usage of existing blockchains and cryptocurrencies has been hindered by their volatility and lack of scalability, which have, so far, made them poor stores of value and mediums of exchange.”
On the selling side, Facebook has relationships with 7 million advertisers and 90 million small businesses. On the consumer side, it’s estimated that 2.1 billion people use Facebook (which includes WhatsApp, Instagram or Messenger) each day.
If successful, Libra could become something akin to the next PayPal — an easy to set up payment method that’s universal and decentralized. Ironically, David Marcus, co-creator of Libra and long-time Facebook exec, is the former President of PayPal. It could also become a competitive banking system by offering access to folks in developing countries, reducing money transfer fees through Calibra and offering loans and credit to users.
Bitcoin is easily going to...
@cnbc: Bitcoin is easily going to take out its all-time highs, says Tom Lee @Fundstrat (via @CNBCFuturesNow)
https://t.co/F5GTH9FwHu
@cnbc: Bitcoin is easily going to take out its all-time highs, says Tom Lee @Fundstrat (via @CNBCFuturesNow)
https://t.co/F5GTH9FwHu
CNBC
'Bitcoin is easily going to take out its all-time highs': Fundstrat's Tom Lee
Facebook's new Libra offering serves as a "validation" of cryptocurrencies and could pave the way for bitcoin to climb above its all-time highs of $20,000, says Tom Lee.
Tom Lee of Fundstrat Global...
@bitcoinist: Tom Lee of Fundstrat Global Advisors believes Bitcoin price can go as high as $40,000 before the end of 2019.
https://t.co/NoJnJMUYAM
https://t.co/NoJnJMUYAM
@bitcoinist: Tom Lee of Fundstrat Global Advisors believes Bitcoin price can go as high as $40,000 before the end of 2019.
https://t.co/NoJnJMUYAM
https://t.co/NoJnJMUYAM
Bitcoinist.com
Bitcoin to $40k in the Next Few Months, Says Tom Lee
Tom Lee of Fundstrat Global Advisors believes bitcoin can go as high as $40,000 before the end of 2019.
Sometimes not trading is better than opening positions and lose. So we just sit and watch the market growing right now holding our BTC. We some quite important news that might lead the BTC price higher up.
@newsbtc: Tom Lee: Bitcoin Nearing $10,000 FOMO Trigger, Price to Trade Between $20,000 and $40,000, Upside is Substantial
https://t.co/AnR3x0PFPv
https://t.co/AnR3x0PFPv
NewsBTC
Tom Lee: Bitcoin Price Nearing FOMO Trigger, BTC To Trade Between $20K and $40K
Crypto bull Tom Lee says that Bitcoin price is close to reaching a FOMO trigger that'll drive the price per BTC to $40,000.
Important news this Week.
We are not trading lately, and that is on purpose. We don't have to trade all the time. We only trade when we see an oppotunity, if we see no opportunities, then we don't trade. We don't trade just to trade. Remember that this is an important rule.
I've seen hundreds of Signal channels posting signals daily but the market right now is not stable to trade BTC. BTC is our main entrance to the ecosystem and even if fundamental analysis (altcoin news, announcements, code improvements, cooperations) might show good signs, if BTC is unstable it might ruin our trade.
These coins at these prices are considered Gems although with the move of BTC we may see lower levels
Facebook Libra is going to be a big hit... but its not a cryptocurrency. Its privately owned, controled and its not decentralized.
One day you may accoumulate a big amouunt of Libra... and then you might get this beautiful screen