Market movement forecast: dreams, tarot, astrology or technical analysis? How to Invest in 2021?
Faith often leads people to think that everything is predetermined for them or that any things that happen to them can be signs affecting the future course of events. Of course, there are often coincidences that are hard to believe, and people can be lucky, leading to unimaginable results.
There is definitely a category of those people in the world who can read signs and use them for professional, personal purposes, as well as in order to increase capital, for example, in the cryptocurrency market. If someone believes that everything is chaotic in the digital asset market, then after talking with real professionals, it becomes clear that there is a pattern in everything, you just need to follow certain rules.
One of these professionals is Anton Katin, known in the cryptocurrency community for accurate forecasts of market movements, as well as the founder and CEO of such companies as Simba.Storage (Bitcoin storage) and TRES Consulting (a consulting company with a wide range of services). According to the statistics on the trading effectiveness recommendations by Anton Katin, in 2020 the accuracy of forecasts was 87.5%, which allowed investors to get more than 100% of the profit to the deposit, and in 2021 this figure already exceeds 260%.
Examples of some of the assets held by Anton and the yield on them can be seen in the screenshot below, recommendations for the assembly of this portfolio he gave in January 2021.
Do dreams play a role in such indicators or does the experience gained over the years itself suggest the right decisions on the subconscious level?
Anton really takes into account his dreams that suggest the upcoming movements of the cryptocurrency market and uses them in analytics, which he shares on a separate Telegram channel. Of course, the usefulness of Anton’s dreams for increasing capital is impressive, but do not forget that he also always relies on technical analysis, perfectly navigating the Elliott wave theory and also uses fundamental analysis, studying news from more than 500 information sources, selecting all the most necessary and important.
Dreams are just one of a large number of tools that Anton uses when investing and trading. He believes that everything in the universe is natural and it is important to take into account all the signs that are given to you in one way or another, it is important to be attentive to everything that happens in life, to be able to analyze it and extract invaluable experience.
How not to incur losses on cryptocurrencies?
As you know, in the market, you first need to learn not how to make a profit, but how not to incur losses. When a person understands that he has fulfilled all the necessary conditions to limit potential losses, then all the doors will open for him to generate profit.
Of course, you can rely on luck and dreams, go to a fortune teller, and there is even a chance that such a highly volatile cryptocurrency market will really increase your investment several times in a couple of years.
But it should be borne in mind that even the most successful people and those who are able to predict the future with maximum accuracy sometimes fail.
The sphere of cryptocurrencies is primarily the sphere of innovation, which by definition indicates ideas and experiments that lead to new inventions and achievements. Innovation is not about efficiency, but about trial and error.
That is why, all you need to do to succeed is to surround yourself with those people who understand the trend and know exactly where the market is heading, study as much information as possible from quality sources, diversify your investments and storage, develop a clear strategy for behavior in the cryptocurrency market and follow it without succumbing to emotions. It is important to understand and accept the fact that without experience and good training, you can lose your money. We strongly recommend you undergo training from real professionals who show results in practice before starting active trading and investments. Take your choice of training very seriously. You should study, read reviews and look at other student results.
Why cryptocurrencies?
When it comes to choosing assets in which to invest, different options may pop up, traditional ones — metals, stocks, real estate, and so on.
Those who are familiar with the cryptocurrency industry or have at least heard of it, immediately understand that this is one of the best options due to the high profits that they bring. Moreover, the cryptocurrency market has various tools for earning money, even analogs of bank deposits, while the annual interest rate can be ten times higher, for example, for the digital equivalent of the dollar.
At the same time, no asset can compare with Bitcoin, the flagship cryptocurrency that gave birth to the entire industry and blockchain technology.
For reference, the blockchain is used by such companies as Boeing, IBM Corporation, Credit Suisse, JPMorgan Chase, Microsoft, HSBC, Microstrategy, Carrefour, NBA, PayPal, Samsung, Saudi Aramco, Visa, Walmart — the list is not full and as you can see there are giant companies, representatives of different industries
Being the basis of the market, the value of Bitcoin, unlike other cryptocurrencies, is always growing, if you look from the distance. Since this is a digital currency, which has a limited issue in its code, it is obvious that a consistent increase in demand leads to an increase in price. That is, following the example of shares, where their number can be increased with the help of a split or fiat money, which can be printed in any amount, the maximum number of Bitcoins after the end of the issue will be 21 million and this figure will remain unchanged.
Of course, there is a place for speculation in the cryptocurrency market, the so-called “whales” can buy a large number of Bitcoins, dump the price, but for smart investments, this only opens up additional entry points to the asset, which will later still reach new heights.
To date, investments in cryptocurrencies bring disproportionately high profits and that is why they are considered by default as the most attractive assets for investment.
How to make money with cryptocurrencies?
To save yourself from additional risks when investing in different cryptocurrency assets, you can either invest only in Bitcoin or diversify your funds, but still giving preference to Bitcoin.
Then you need to realize that investing in Bitcoin brings the main profit only if they are of a long-term nature. Therefore, it makes sense to do a plan for a gradual investment in the asset, so that in the event of a drawdown in the price, you can increase your portfolio.
Then you need to ensure the safe storage of your Bitcoins, then you will need to conduct a little market research and understand which storage method or which specialized services will be the most reliable.
There are two ways to store cryptocurrencies:
- Hot storage — when funds are stored on online wallets. It is suitable for active trading, requires constant monitoring, and hacker attacks are potentially possible.
- Cold storage-funds are stored in offline wallets. Hardware wallets are the most reliable, but the option of stealing physical media remains.
To mitigate the risks, you can turn to specialized cryptocurrency repositories, which have sufficient resources to ensure maximum protection of client funds. One of the most popular repositories is Simba.Storage.
First, the location is important for the repository. Today, Switzerland is one of the most favorable environments for interaction with cryptocurrencies, both because of the fully formed relevant legislation regulating the turnover of cryptocurrencies and due to a number of other factors, such as state support for the development of the industry, a high standard of living, a low crime rate, and so on.
Secondly, of course, it is important to have a team that organizes the proper operation of the storage, communicates with customers and advises them on any issues. Simba.Storage brings together competent experts from different fields, entrepreneurs, lawyers, psychologists, traders, analysts, accountants, programmers, who are aware of all the trends in the industry and are fully aware of the direction in which the market is moving.
One way or another, we can state the fact that investing in Bitcoin is now more than relevant. In order to make a high profit, you do not need the help of higher forces, you just need to find specialists who will help you not to miss the chance and do everything right.
