Hedge Trade Tweeted: “Trading profitably in a crisis requires an understanding of the Fear and Greed Index.” Further tweeted, “Now that you’re heard of HedgeTrade, it’s time to find out how it works.”
The Hedge Trade Encyclopedia series on YouTube simplifies everything about blockchain and cryptocurrency by breaking them into simpler terms.
Sydney Ifergan, the Crypto Expert Tweeted: “Hedge Trade Encyclopedia series simplifies stuff as opposed to complicating people’s mind about new technology– HEDG thus, becoming people friendly, which is good and important for any new technology to reach people.”
David Waslen, CEO of Hedge Trade, recently tweeted about “Rachel McIntosh’s article on trading strategies for these uncertain times.”
While it is impossible to predict the complete impact of the Corona on the economy, Rachel McIntosh opines that crypto traders can still prepare. She acknowledges how the market has gone weird due to most of the world having gone quarantine over the past one month in most of the world.
She acknowledges that uncertainty is prolonging as the crisis seems to drag on. With some calling it to be something that will drag through weeks and yet others calling it to drag through months. The extent of economic damage, on the other hand, is hard to predict.
The truth she states is inconvenient, and she reinstates that the traders need to understand that, “the only thing that’s constant is change; higher-than-usual volatility may be the new norm.” She states traders must be open to adapting.
Hedge Trade in the past month tweeted: “With all that’s happening, we’re still long term bullish for bitcoin and Altcoins. Find out why. “Stimulus Package Morning after Reaction Threatens Bitcoin’s Safe Haven Status.”
A month after this tweet, the market is a lot different. It is also the trending story about cryptocurrency and how the Corona has messed and put a pause to everything around.
People are simply shoring up any cash they get as they are looking at a long-term financial crisis. Most of the investments are getting liquidated, and people are looking at safe havens if they have value to store. Even long term HODLers of bitcoin and other cryptocurrencies are willing to liquidate and come out on the other side. All organic and artificial growths are in a state of confusion. Despite all, the practical reality is we need to adapt to the new reality and move ahead.
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