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Over the past few years many investors have not taken profits off the table when the price dips (crashes). The great pullback in 2018 left many wondering if they will see profits again or if at all. Now that 2021 has seen the return of a massive bull run many investors are watching their portfolios and wondering. When should I sell?

With no plan to sell you are basically admitting that you don't know or don't care. Its more than likely that most investors want to sell but need someone or something to prompt them. Selling after the peak has many feeling they have simply lost our or missed a big opportunity.

There are many youtubers who analyze the crypto space on a weekly and even daily event. One vlogger that has a useful way of tracking the crypto trend is "Colin Talks Crypto". He has a very useful take on the crypto space but what is more interesting is his latest video on when to sell seen here https://www.youtube.com/watch?v=m_Ip3WGwiAc



On this he talks through his own strategy on when he will be selling and has created his own tool for others to use called the CBBI index. This tracks multiple signals and gives a percentage of where we are in the bull run. This can be found here https://colintalkscrypto.com/cbbi/ 

All of the advice is his but in this case having a plan to take profit is better than having no plan at all.

Happy trading!

 



 Several media outlets / bloggers / vloggers were predicting a bull run for crypto then hours later another price drop due to the Bitcoin Cash (BCH) fork. Coinbase paused trading on Bitcoin Cash “Due to recent developments, we have now determined that it will be necessary to also pause all buys, sells, and trading of BCH starting at 8:00AM PST on Thursday on Coinbase.com, in the iOS and Android apps, and on Coinbase Pro and Prime. Accordingly, during the time of the pause, you will not be able to sell or remove your BCH from Coinbase. If you wish to have access to your BCH during the pause, you will need to remove it from the Coinbase platform prior.” Some see this as a major blow to bitcoin and cryptocurrencies. Another view is this is just a great blackfriday deal!


Great article by the Independent on Cryptocurrency
Bitcoin has enjoyed the most sustained period of stability in its history, helping it address the issue of price volatility that some critics say makes it unsuitable as a form of mainstream payment.

General consensus among market analysts is that this trend is likely to continue in the short term, barring any major news that could send the price shooting in either direction, such as a large-scale hack on a leading exchange, or positive regulation implemented by a financial body.
Bitcoin price predictions made by 10 analysts for November's Finder Cryptocurrency Predictions Survey suggest that the world's leading digital currency will experience steady growth over the next year, though the upcoming months remain uncertain.
https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-cryptocurrency-market-price-prediction-2018-latest-ethereum-stellar-a8624266.html



The process of investing early in your life can help secure your future. With so many investment products it can be difficult to navigate proper investment platforms and those that simply just scams. However over the past decade even banks or financial institutions can disappear with investors hard earned money. As you discover investment products it is always good to ask questions about where you are going to put your money, think about the following when you are looking to invest.

1) Invest money you have that is spare
Any money you have that is extra can be used to invest. But think about if you lost that money due to a bad investment how would it impact you. This goes hand in hand of never borrow money to invest (and never invest other peoples money). Think wisely about the amount you are investing, is the money needed and will it be missed if your investment went down.

2) Take Time to understand how and where your money is invested
What is the company behind the investment, have they been around for long? Is the product they are promoting sustainable. What type of return can you expect? Although there are plenty of examples of established businesses and products not working out be wary of quick wins.

3) Think long term
Its nice to have a return on your investment within 6 months. But generally it can take a while to see growth. If you want to actively trade stocks and shares you will have to set aside time for this, some prefer to put there money in an investment and sit and wait. Make time to check on your investments, for long term you might want to check in every 3-6 months to see that they are working for you.

4) Don't wait
Procrastination, if you do nothing, you get the same. The longer you wait the more likely you are to miss opportunity. Start reading up on investing, look for companies that offer products. Think about how much you want to invest and the best place for it. Are you looking for a long term investment or do you need access to your investment funds

5) Spread your investments
"Don't put your eggs all in one basket" is a common phrase but can also be applied to managing your money. Just as when you invest in the stock market you are advised to create a diverse portfolio of investments, you should also select a range of products from various companies.

At Digital Investor Solutions we use the products we promote, if you are interested in knowing more about investing contact us for more information at contact@digitalinvestorsolutions.com where we can provide a wide range of investment platforms for you to consider (we do not hard sell).



Have you ever wondered what people are talking about when then mention Forex? Our top beginner questions can help clarify what it is and how to get started.

What is Forex trading and how does it work?

‘Forex’ is short for foreign exchange, also known as FX or the currency market. It is the world’s largest form of exchange, trading around $4 trillion every day, and it is open to major institutions and individual investors alike.

The single most important thing on the FOREX market is the exchange rate between two currencies (a currency pair). As the value changes between currency pairs investment money can be made (or lost). Currencies are grouped into pairs to show the exchange rate between the two currencies; in other words, the price of the first currency in the second currency.

An investor you can trade on the FOREX markets via a Forex Broker, there are lots of tools provided out there to help you trade on the markets, MetaTrader being one of them.

When can I trade Forex?

The FOREX market trades 24 hours a day Monday - Friday. The exact opening times on the market depend on the timezone you are in. The table below shows the times it is open in the different timezone around the world.



What are the risks of Forex Trading?

As with all investments care should be taken, it is also wise to start with a demo trading account to understand how to invest and the risks. It is recommended that money invested should be money you can afford to lose (in worst case), borrowing money to invest is a bad idea.

Many tools offer bots for auto trading, and signals that your account can follow. This means you are following other traders. Again no system is 100% perfect. There are many courses avaliable that can help you get started.

How do I start Forex Trading?

All you need to get started is a computer with internet access and a trading account with a FOREX broker.

We recommend ICMarkets and anyone who signs up with our link we will guide you through the setup of the account. Just click the link and signup, we will be notified and contact you.

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