is crypto a scam - is crypto a scam? What this all about..... See below. ------------------------------ Sentiment Trader told ==> our VIP MEMBERS here <== a few things about crypto lately, because lots of our students, really want to get invovled. Now might not be the best time, but you need to read this article here....BY LITECOIN BULL. ==> CLICK to read the article below.
Our Members here => VIP members here know that there is a time coming when cryptos might go mainstream, sure it could take years, but it might be a good time to learn how you can profit from this trend coming.
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Cryptocurrency litecoin falls 10% after payments processor LitePay closes We got too excited coin founder says
"Cryptocurrency litecoin falls 10% after payments processor LitePay closes We got too excited coin founder says - Cryptocurrency litecoin falls 10% after payments processor LitePay closes We got too excited coin founder says"
what is this all about? See below. ------------------------------ Sentiment Trader told ==> our VIP MEMBERS here <== that Litecoin dropped roughly 10 percent lower near $145 as of 4:08 p.m. ET, according to CoinMarketCap. Litecoin Foundation, a nonprofit for advancing litecoin and an investor in LitePay, said on its website that LitePay CEO Kenneth Asare informed the organization a "couple days ago" that "he has ceased all operations and is preparing to sell the company."
"I am sorry for having hyped up this company and vow to do better due diligence in the future," the ceo of LITECOIN said. When you look at the LTC daily chart, you can see we are nearing a make or break area, on a symetrical triangle pattern, so we would expect a larger move sooner or later as the triangle gets closer and closer to resolving itself. LTC watch -- See the chart below....
Our Members here => VIP members here were told that In February, Asare said in an email to bloomberg that his team has been working on development since the summer of 2017. "Our goal is to create a way for merchants to earn Litecoin, which is a particularly good cryptocurrency for payments," he said. Asare did not immediately respond to a CNBC email for comment Monday. The company has gone sour. But there are more developments for LITECOIN in the middle of this year. Litecoin is the fifth-largest cryptocurrency by market capitalization at $8.1 billion, according to CoinMarketCap. Its declines Monday came as other cryptocurrencies also fell. Bitcoin dropped 7 percent to below $8,000. "Litecoin was doing perfectly fine before the promise of LitePay so its like someone has pushed on the breaks here, but there is nothing to panic about yet.
U.S. regulators and companies have taken steps in the last few months to crack down on fraudulent activity in cryptocurrencies. The U.S. Securities and Exchange Commission has frozen the assets of those involved with some token sales, and Texas has issued several cease-and-desist orders on cryptocurrency companies. On Monday, Twitter followed Google and Facebook in announcing a ban on advertising for cryptocurrencies.
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what bull market fears - bull market fears? What this all about..... See below. ------------------------------ Sentiment Trader told ==> our VIP MEMBERS here <==Fund managers see 'cracks in the bull' market as trade war fears escalate Professional investors see global growth prospects at their lowest level since Brexit as fears of a trade war surge, according to the latest Bank of America Merrill Lynch Fund Manager Survey. On a broad level, the monthly gauge shows waning confidence in the bull market even as money continues to flow into stocks. Low-volatility bets that had reflected the market's benign nature have faded from popularity after detonating in early February, while more investors move to defensive positions, including a rush to banks. "Cracks in the bull case are starting to emerge, with fund managers citing concerns over trade, stagflation and leverage," Michael Hartnett, chief investment strategist at BofAML, said in a statement. "Investors have yet to act on these fears, however, as rates and earnings are keeping the bulls bullish." Indeed, the market has managed to steady itself after an initial inflation scare sent major averages into correction territory. The S&P 500 is up about 5 percent since bottoming Feb. 8 but overall had gained just 1.5 percent for the year heading into Tuesday trading. This S&P chart could be one to watch See how we are in trouble but still in a rising upwards channel -- See the chart below....
Our Members here => VIP members here Were told that, Funds have continued to attract investor money, to the tune of $151.7 billion this year, according to BofAML data through March 14. Cash levels among fund managers edged lower in March from 4.7 percent to 4.6 percent. But worries are beginning to crop up.
Fears of a trade war, dormant since the early days of the Trump administration, have re-emerged since the president slapped tariffs on imported steel and aluminum earlier this month. The threat of a wider conflict topped the list of fears with 30 percent of respondents, while inflation was next at 23 percent followed by global growth at 16 percent. It's the first time trade concerns topped the list since January 2017. Those results mirror the most recent CNBC Fed Survey, in which trade also topped concerns, though 48 percent of respondents said they generally approve of how President Donald Trump is handling the economy. In the BofAML survey, 87 percent of fund managers said protectionism would boost inflation and stagflation, the latter a term for sluggish growth with higher prices. On the bright side, investors are optimistic about corporate profits, with 58 percent expecting global earnings per share to rise by more than 10 percent in the next 12 months. S&P 500 earnings are projected to jump 17 percent in the second quarter, according to FactSet.
Fund managers also are a little less afraid of rising bond yields. Survey respondents indicated a 3.6 percent yield on the benchmark 10-year Treasury note would trigger a move from stocks into bonds. A number of bond market veterans, led by DoubleLine's Jeffrey Gundlach, have put the danger zone closer to 3 percent.
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