Conversation Street #3

Conversation Street #3

By MikeZillo | Smart Crypto Investing | 23 Jun 2022


Here I am for the timely appointment with Conversation Street.
My personal press review of last week's news!image

https://www.newsbtc.com/news/company/crypto-exchange-billium-launches-revolutionary-copy-trading-platform/

Copy-trading, Mirror-trading are synonyms for the same concept: allowing a lot of people copying what performing traders do. That is crystal clear also as far as we just published this review of Zignaly, that has just nominated me as its Ambassador. If you are interested in understanding how one of the best copy-trading platform is working and the results you may get, feel free to register from here (https://zignaly.com/app/signup/?invite=mikezillo

 

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https://cryptonews.com/news/next-6-12-months-to-be-brutal-but-ivestment-planting-season-starts-now-arthur-hayes-says.htm

That’s easy to get. You do not deserve to become rich if you are not brave enough to buy when everybody is scared. And now everybody is scared. I think that in this period I am doing some purchases that will have some nice returns in the future.

 

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https://cryptonews.com/news/ukraines-new-fundraising-platform-supports-over-100-cryptos.htm

Cryptocurrencies currently represent a great way to move money with no necessity of approval of central entity that may eventually be on one or another political side. So, it’s not anymore a matter of money laundering or any other illicit stuff. It’s a matter of democracy.

 

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https://it.cryptonews.com/news/the-reckoning-the-best-time-to-enter-bitcoin-mining-as-firms-diversify-amid-bear-market-it.htm

What they say here is quite true, but the machine prices have some sort of inertia so it may take some more weeks of bear market for mining machines to become really cheaper.

 

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https://www.criptovaluta.it/40452/bitcoin-e-un-asset-destinato-a-durare-lo-assicura-blackrock

And now investment funds are supporting Bitcoin? Are they asking small investors to support the price? Are not they bored of trying to manipulate the market?

schermata_2022_06_21_alle_16.31.29

Celsius has suspended withdrawals for potential connections with the TERRA/LUNA & UST thing, unpeg of different stable-coins and a deep bear market. Be careful in this phase about not-really-capitalized stablecoins & other CeFi platforms where wrong investments may have been made.

 

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https://www.coindesk.com/business/2022/06/16/usdc-issuer-circle-to-introduce-euro-backed-stablecoin-in-us/

Talking about stable-coins, another one issued. Are we sure that with all those stablecoins we are not seeing another mass-flow of crypto-fiat-currencies into the crypto-market?

 

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https://cointelegraph.com/news/magic-internet-money-token-depegs-as-terra-luna-domino-effect-persists

Another stablecoin unpeg from the dollar, happening last saturday. The same happened to USDT during the UST collapse. MIM is not the most capitalized stable-coin so as already said, be sure to use stable-coins that are supposed to be really stable. Besides, in this rough sea, brace yourself, protect your coins and do not rely too much on yielding platforms, strange staking services and so on.

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MikeZillo
MikeZillo Verified Member

Daily Trader, Mining Farm Project Manager, Blockchain consultant, Cryptocurrency evangelist. You can find more videos here https://www.youtube.com/channel/UCvyXx6I1C__zmLAYUXNZwQQ? Telegram: @mikezillo


Smart Crypto Investing
Smart Crypto Investing

In this section I am going to write about smart ways to create passive incomes and active incomes through cryptocurrencies besides of course news, technologies and projects I am involved in. Anyway, the smart crypto investor is not just a crypto investor, but is someone willing to diversifiy among different businesses. And that is what I am going to talk about. From a multi-year experience in the field of business development and finance, here I am!

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