#XTZ #tezos #cryptocurrency #bitcoin #coinbase
This video provides technical analysis for the cryptocurrency $XTZ Tezos, and I discuss some bullish and bearish scenarios for this coin.
XTZ Tezos Price Prediction. Breakout Coming? Cryptocurrency Technical Analysis.
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Disclaimer : The above references an opinion and is for information and entertainment purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. This video contains our opinion only and is not meant to cause harm or defame anyone or any entity. This is not an offer to sell or buy securities.
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This channel is to be used for educational purposes. That being said, we plan on becoming the bubble trading community and sharing investment ideas, strategies, best investment/trading practices, and other financial education to become a one stop shop for all things finance, investing, and trading. Let’s all make stock market gains and cryptocurrency gains together. We focus on a mix of OTC/penny stock investing, Cryptocurrency/Bitcoin, swing/day trading, and long term/etf investing.
Basic definitions to know;
CRYPTOCURRENCY
Altcoin- Any cryptocurrency that is not Bitcoin (and some would also say Ethereum as well)
Satoshi- smallest unit of bitcoin. Same as a 100 millionth of a bitcoin
STOCK MARKET
OTC: stands for over the counter. These stocks are not listed on formal exchanges.
OTC Tier system and information ;
OTCQX- top tier of OTC stocks, high quality financial standards with info readily available.
OTCQB- Middle tier of OTC, not held to certain financial standards but they are current in reporting.
OTCpink- bottom tier and deemed the riskiest in the OTC, there are three types of pinks that describe how much financial information is available. They are Pink Current Information, Pink Limited Information, and Pink No Information
Stop sign- Company is not reporting financial data to the OTC Markets.
Skull and crossbones/double diamonds/yield sign- Very risky. Typically delinquent companies.
Triple zero: the smallest value penny stocks that exist. Usually these companies have 10s of billions of shares outstanding
Penny stock: By definition, they trade under $5 per share
Micro cap: under 25 million dollar market cap.
Small cap: stocks with a market cap of under 2 billion dollars.
Medium cap: stocks with a market cap of 2-10 billion dollars.
Large cap: stocks with a market cap of 10 billion dollars or more.
Dividend: a share of company profit paid out to investors. Not all stocks pay dividends.
Blue chip: no true definition. These stocks are established, reliable, well known, stable, have a good reputation, and typically operate profitably.
Market leader: the #1 stock in every sector that other companies try to imitate or compete with.
Short: betting the price of an asset will go down.
Long: betting the price of an asset will go up.
Bullish: believing an asset will increase in market cap.
Bearish: believing an asset will decrease in market cap.
ETF- Exchange traded fund
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