Did you know that the majority of multi-millionaires have seven or more streams of income. Yes, that is correct – Seven!
Still have some work to do…
Having that many streams of income sounds great, but what it really had me thinking about is the majority of society only has one. One income – generally a job, which you can lose to a layoff, firing, etc. Putting someone at zero just like that.
Additional Streams of Income
It’s important to have more than one stream of income for several reasons:
It’s prudent (if you lose a single source of income now you have to worry
OMG seen from the temporality of 1D we can see the setup of a symmetrical triangle, the diagonal bull has formed two minima with bullish inclination, signal of a greater force on the part of the bulls to reverse the current trend, we could see that the candle touches a third time the diagonal or only that enters the area of demand indicated in the chart within a gray rectangle, that new point should push the price up to achieve the break of the figure and reach our first take profit located within the price range of 309 – 315,
Albermarle was once a high flyer, but has fallen back to earth. I missed out the on initial leg up, but the beautiful thing about the Markets is it always gives you opportunities if you pay attention to it.
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. Its Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties, as well as reagents, such as butyllithium and lithium aluminum hydride for applications in lithium batteries for consumer electronics and electric vehicles…OK, I’m going to stop here.
On 4hr chart, it did came down to 7900 and went below. Likely for more downside to test 7300 zone S/R. Possible HS forming, may head towards neckline around 6500~6400 zone.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
Network Value to Transactions Ratio :122
Total marketcap :244
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
Netflix went digital and ended Blockbuster’s physical distribution reign.
The same thing is happen with the distribution of games. So it was a no-brainer for me to conclude Gamestop was dead money and was going to $0 in the coming years.
GameStop…Is The Next Blockbuster – Part 2
GameStop Corp on Tuesday halted its quarterly dividend after reporting a 13.3% fall in first-quarter revenue that missed analysts’ estimates, hurt by slowing sales of video games and consoles at its stores.The gaming retailer has been struggling with shrinking profits as consumers shift to downloadable videogames instead of buying physical versions from stores.GameStop also
Every day, without fail, I see crypto supporters arguing in favour of KYC.
KYC does have a place in crypto, but not nearly to the extent that is commonly believed.
Before I get into this post, I have to make a slight detour on behalf of the Americans who may be reading this. Please bear with me:
For the Americans: (generalizations to follow)
I have noticed that Americans in particular are pro-KYC, far more so than other crypto investors. I believe that this is because Americans are largely isolated from the outside world. As a large country with great wealth, American citizens can happily live their entire
Matic Network (Binance: MATICBTC) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Matic began a wave one advance on April 26. The red wave one finished on April 26, and the red wave two correction ended on May 10. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on May 21, and the red wave four (blue sub-waves a-b-c) correction ended on June 3. If this wave count is correct, Matic should be heading next towards the May 21 peak in the red wave five.
Chinese-based blockchain platform Neo has implemented a new iteration of its consensus algorithm, the Byzantine Fault Tolerance mechanism (dBFT 2.0), on its mainnet, according to a press release on June 4.
The new algorithm purportedly provides immediate transaction finality. dBFT 2.0 includes a new procedure for reintegrating failed nodes back into the network, and also adds a “commit phase” of consensus, which alleviates forking issues by including a step that forces node assignment to new blocks.
The consensus mechanism dBFT reportedly differs from the ones for top cryptocurrency blockchains Bitcoin and Ethereum because of this commit phase. For Bitcoin, the consensus mechanism is a proof-of-work (PoW) protocol that allows BTC miners to compete on making the next block, which means that there are competing forks on the blockchain.
Bitcoin is again attempting a recovery from the 30-day moving average, currently at $7,710. The key average has consistently reversed price pullbacks in the last four months.
This time, BTC is more likely to end up creating a bearish lower high (shallow bounce) or may find acceptance below the average in the next day or two, as both the daily and weekly technical indicators are calling a deeper price pullback.
A UTC close below the 30-day MA would open the doors to $7,000.
If the ongoing recovery from the MA ends with a UTC close above $8,103 (today’s high), BTC may rise to $8,500 in the next couple of days.
The U.S. Securities and Exchange Commission has sued messenger app maker Kik for its $100 million ICO – which the agency contends was an unregistered securities sale – and the regulator appears to have built up a strong case in its initial court move.
In a complaint filed Tuesday, the SEC alleged that Kik violated federal securities law by not registering its kin token sale. In a response, Kik’s general counsel, Eileen Lyon, said that the SEC’s complaint makes a number of inaccurate assumptions which “stretch the Howey test well beyond its definition” and that the agency’s push will not withstand judicial scrutiny.
Nelson Rosario, a principal at Smolinksi Rosario Law, told CoinDesk that the SEC’s complaint against Kik was similar to others brought against other initial coin offerings, in particular with respect to the evidence that the regulator is putting forth.
Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds, local business news outlet money.pl reported on May 31.
Money.pl received an email from one of its readers, who stated that Coinroom — which was registered in 2016 — ceased operations overnight and disappeared with customers’ money in April. Some users say they had up to 60,000 zloty (around $15,790) in their accounts.
Before ceasing its operations, Coinroom reportedly sent emails to its customers, containing information about contract terminations. Coiroom customers had only one day to withdraw their money, which was in accordance with Coinroom regulations signed by users. However, customers reportedly claim that some of them got only part of the money, while most of them did not receive their funds back at all.
Binance, the world’s second largestcrypto exchange by adjusted volume, has released its official Trust Wallet on its decentralized trading platform Binance DEX. The news was revealed in a press release shared with Cointelegraph on June 4.
As previously reported, Binance acquired Trust Wallet — an open source, decentralized wallet that initially offered native support for ethereum (ETH) and ETH-based tokens — in summer 2018. At the time, Binance had revealed its plans to list the wallet as the default wallet on its forthcoming decentralized exchange (DEX) — then still under development.
Since then, the exchange has also rolled out support for multiple cryptocurrencies on Trust Wallet — with plans to support tokens based on protocols using proof-of-stake (PoS) consensus algorithms in future.
Scaling Ethereum workshop at University of Toronto.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Yesterday, exactly like on the BTC chart, we were sitting on a major support line around 0.39$ and the break of it created a powerfull correction. In just some hours, we are about to test the 0.34$ support line which is a drop of more than 10%. Let’s see if that support will hold us or if the purge will continue. We are arriving on a little support on the BTC so we can expect a little stabilization… let’s hope 😉