Wednesday, July 31, 2019
TIME: 9:27 am IST
DAILY CRYPTO CURRENCY REPORT
I am getting slightly getting bullish on all crypto currencies today and for the rest of the week. You can use technical levels in yesterday’s report. There can be very sharp rallies as long as this week’s lows are held. FOMC meet tonight can have an impact on crypto currencies as well. Low risk traders stay from crypto’s today.
Do not compare gold and crypto currencies and then trade or invest. They are both different investment class with different risk. Gold and crypto currencies are both great long term investment. However volatility in crypto currencies can result in a heart attack for those who are new investors.
Insignia Consultants and its team have not invested OR traded in crypto currencies as it is illegal to trade in India.
Before Investing or trading in crypto currencies: Crypto currencies are unregulated investment or unregulated trading instruments. Risks are the highest among all investment class.
Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals, crypto currencies and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. Prepared by Chintan Karnani
Further disclaimer (read very carefully)
Trading of Bitcoins is illegal in my country India. The above report is not meant for resident Indians and Indian corporates. It is meant for traders or corporates in nations where bitcoin and other crypto currencies have got legal validity. Insignia Consultants and it employees are not responsible for illegal trading of crpto currencies and/or nations where crypto currencies do not have legal validity. Insignia Consultants does not advise on any investment strategy which is illegal nor does not it recommend people to trade in anything which is illegal to a nation. The above views are just technical views.
NOTES TO THE ABOVE REPORT
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
ALL PRICES ARE IN US DOLLARS UNLESS OTHERWISE SPECIFIED
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Current Market Price (CMP)
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