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10/5/2022 0 Comments Will Bitcoin Get to $1 Million?Highlights
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In my previous report, I briefly went through describing the metaverse and related investment opportunities. In upcoming reports, including this one, I will be discussing those digital assets individually in more detail. I will explain what they are from a beginner’s point of view and assess how one could make money investing in those assets. In this report, I will be discussing NFTs. I will go into depth about what they are, how the market determines their value and what NFT investors should be looking for to buy valuable NFTs.
The metaverse may seem like a completely new and distant idea. But it’s the same as the internet in the 1970s. Still in its early stages, with lots of hype and over expectations. In these environments, it can become hard to differentiate between reality and nonsense. With the metaverse, it’s the same. Nobody knows what the world would look like within the metaverse. However, concerning investment opportunities, there is still a new light at the end of the tunnel. If you don’t know what the metaverse is, it’s quite simple. Replace the metaverse with cyberspace, and really that’s it. If you do that nighty per cent of the time, the meaning will not change. That’s because, unlike the internet, the metaverse does not point to one specific type of technology, but rather a change in how we interact with technology. Think of the metaverse as a virtual world where you can interact with people from across the globe. Kind of like the internet, but more immersive for the user.
The technologies that will make up the metaverse already somewhat exist – virtual reality. The other technologies would likely include augmented reality and brain-computer interfaces. These three themselves could be seen as the next computer platforms. Brain-computer interfaces in my opinion are a long way off. They are about replacing screens and physical hardware. They would work by linking your brain to the internet. In an essence, the metaverse is a digital world, leading to an escape from reality. One could say such things already exist, such as Fortnite and World of Warcraft and other platforms but, in my opinion, this only touches the tip of the iceberg of what could be our future. In my opinion, it's not a future I would like to live in. Too many people already spend more time on their phones than in real life. 16/4/2017 0 Comments Flag PAtternThe asset has previously provided a flag pattern and now is in a flag pattern again. The 100 MA will provide support for the price, and the Coppock curve is in a triangle pattern and it will most likely breakout upwards to be positive. Also, this is backed by the volume decreasing showing a breakout is Imminent.
16/4/2017 0 Comments Short-term sellThe asset has provided a head and shoulders pattern. Before that a flag pattern, so if it breaks the 100 MA then it's a definite sell until 0.097. This is also backed by the Coppock curve going negative and breaking upward trend and the moving averages crossing over, but this is a very short-term pattern.
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