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[eddyblaze04]

1/1/2021

Start Fresh. Finish Strong....let’s do it😎

It’s a new year! Let that sink in for a moment. While we don’t know what tomorrow holds, we do know the One who holds tomorrow. So, how can you prepare for 2021?

Fix your eyes on Jesus, and make time with Him a daily habit. Follow His directions for your life, and over time your life will reflect His character.

Simply start one of those plans we map out already📝 May the new year bring you renewed hope and fill your path with opportunities to help you soar.

Happy new beginnings!

[eddyblaze04]

Happy birthday kid sister, you mean the world to me.....if I no fit die for you watin I gain 🤷🏿‍♂️😄All I wish for you is all your heart desires..... I'm so lucky I get to share so many special things with you, including” a wonderful parent and good up bringing....may you run away with your mister and have your life a little happier, I love you! 💕 Everyday and every year..Happy Birthday 🎂 Tricia baby!!! #bday are #bday # birthday #happybirthday #party #love #happy # cake #friends #birthdaycake #family https://www.instagram.com/p/CHmO9y-HIGb/?igshid=14de26d7dwg52

[eddyblaze04]

The arrival of money is the departure of insults...don’t be ashamed of your hustle..those who criticize you won’t pay your bills when you make am Na dem go still celebrate you . There are a lot of ways to make extra money online and offline...let talk about RAGP ( recharge and get paid ) What Is a Side Hustle? #hustle are #hustle # motivation #entrepreneur #success #business # entrepreneurship #inspiration #goals #love https://www.instagram.com/p/CHV8IXFnd4D/?igshid=l0oqinopzlip

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A post shared by Edwin Ifeanyi Anyigor (@eddyblazeofficial)

Always pray for your business.. Do not conform to the pattern of this world, but be transformed by the renewing of your mind. Then you will be able to test and approve what God’s will is his good, pleasing and perfect will. Embracing what God does for you is the best thing you can do for him. Don’t become so well adjusted to your culture that you fit into it without even thinking. Instead, fix your attention on God. You’ll be changed from the inside out. #prayer - 31% #faith - 9% #jesus - 8% #pray - 8% #love - 8% #god - 8% #bible - 6% #christian - 5% https://www.instagram.com/p/CHMVlX2HFBU/?igshid=1rgg9kupa9okj

[eddyblaze04]

Network marketing or multi-level marketing is a smart business opportunity that you can venture into for a profitable revenue stream. In today’s ever-changing environment, network marketing offers you an opportunity to make money and develop yourself exponentially. RAGP( recharge and get paid ) also into networking....so that really is networking🤔 This is a business model in which independent representatives form a network of distributors and sell a company’s products. The distributors are also encouraged to recruit other independent sales representatives in order to reach as many potential customers as possible. Why is network marketing important? Chat me up let me tell you why networking is important. #networker - 39% #networkmarketing - 15% #mlm - 8% #networking - 7% #business - 6% #network - 4% #marketing - 4% #negocios - 4% https://www.instagram.com/p/CGvpAd_nPBD/?igshid=1vnrxyunq0nzd

[eddyblaze04]

You Are Trying To Impress The World

Thanks to social media and a consumer mentality, everyone’s trying to one-up their followers on Instagram and Twitter with materialistic purchases. Instead of spending wisely, you’d rather post pictures of the expensive shopping spree you went on or the luxury vacation you took, etc. Focusing on your own money goals is more important than impressing others who in turn are trying to impress you with their posts!

In a world where appearing rich has become more important than being rich, most people tend to live above their means.

If you Don’t Track Your Money. Many broke people spend the majority of the money as soon as they get it.

If it is not food, or shelter, you don’t need it that badly and you can probably survive without it.

“I know someone that loves Apple products so much that every time a new product comes out, he has to get it,” she said. Buying an expensive product you don’t need just because it’s newly available is a surefire way to overspend.

Wasting Time on Your Phone

Not only can apps be a waste of money, but they can also be a waste of valuable time.

“The average person wastes three hours, 15 minutes per day on their phone,” said Stephen Dalby, founder of Gabb Wireless. “This amounts to millions in unproductive time that could be used to make money, cultivate better friendships or spend more time with family. Your phone is stealing your time.”

There is some real wisdom to the line of thought that if you don’t see it, you won’t want it.If you simply remove or avoid temptation, you’re much more likely to spend less.

Learning how to break these bad money habits can help you get your finances back on track so you don’t end up in the poor house.

The Bottom Line

There are lots of ways you could be sabotaging yourself financially but these are some of the worst money habits you want to avoid. If you’re tired of being broke, it may be time to take a closer look at what money missteps you could be making. Then stop!

If your true goal is to make more money, you should be using that time completing surveys on developing your skills and knowledge.

Your time is your greatest asset.

It can be used to build something or learn something.

You need to take the long approach to growing your bank accounts.

Most wealthy people who didn’t inherit money, worked really hard behind the scenes for years.

Buying uncessary stuff is one of the habits keeping you broke if you feel like all of that stuff means you’re wealthy.

Only the money you have in investments and assets is an indication of your wealth.

With no goals, you have no reason to spend less or save more.

And, what about vague goals?

Goals are not hopes and dreams.

#smartworking #businesstip #wealthmindset #entrepreneur #brilliantminds #successmentor #smartwork #wealthcreation #billionairesayings #debtfreedom #callus #millionairethinking #dontwastetime #dailyhabits #productivitytips #valueinvesting #investorlife #eddyblaze_officail #bhfyp #ratrace #billionaire #mindset #grow #bio

[eddyblaze04]

Believe it or not, the Law of Attraction isn’t a complicated magic ritual that requires initiation into an ancient, mystery school or secret order.

In fact, the Law of Attraction is a simple and unchanging universal principle.

There are 7 laws of attraction. Use them well to achieve whatever you desire. These include:

👉🏿Unwavering Desire

👉🏿Conceptualization and Imagination

👉🏿Affirmation

👉🏿Focus with Confidence

👉🏿Profound Belief

👉🏿Gratitude

👉🏿Manifestation

Think of the Law of Attraction as gravity. Gravity is an unchanging law of our universe. And understanding the law of gravity allows you to predict what will happen.

The Law of Attraction works the same way.

Things within our universe have a tendency to migrate toward other like things. We’re using the word “things” here, because this law encompasses thoughts, feelings, people, objects and everything else in our universe.

In fact, gravity is actually still a bit of a mystery to scientists. We understand that gravity prevents us and everything else on Earth from floating away, but the exact “why” is an intricate matter.

The Law of Attraction is similar. As with all the laws of our universe, we understand that these laws do work, even though we don’t necessarily understand how to define them.

It’s like old good “fake it till you make it.”

#eddyblaze_official #manifestation #lawofattraction #manifest #love #selflove #meditation #spirituality #spiritualawakening #affirmations #abundance #gratitude #energy #positivevibes #motivation #manifesting #healing #awakening #spiritual #mindfulness #inspiration #loa

[eddyblaze04]

The people who achieve the most in life don't conduct themselves like everyone else. I am talking about what they feed themselves through what they, read, what they listen to, who they talk to and what they watch. They're disciplined, and figure out which routines help them succeed and religiously stick to those daily habits. Here are a few you may have never considered.

#habits - 52%

#motivation - 7%

#mindset - 7%

#goals - 6%

#success - 5%

#lifestyle - 4%

#love - 4%

#focus - 3%

[eddyblaze04]

Why is it that nobody ever wants to do anything different/fun/leisurely?

The biggest challenge, for most people, is dodging boredom — figuring out fun things to do that don't cost any money.

Follow funny pages.... #funny #memes #meme #funnymemes #lol #dankmemes #comedy #fun #love #follow #memesdaily #like #lmao #humor #funnyvideos #dank #instagram #cute #instagood #haha #laugh #tiktok #jokes #dankmeme #explorepage #hilarious #edgymemes #dailymemes #funnymeme #bhfyp

[eddyblaze04]

Ask Yourself Tough Questions

While you don’t want to dwell on your mistakes, reflecting on them can be productive. Ask yourself a few tough questions:

• What went wrong?

• What could I do better next time?

• What did I learn from this?

Write down your responses and you’ll see the situation a little more clearly. Seeing your answers on paper can help you think more logically about an irrational or emotional experience.

Make A Plan

Beating yourself up for your mistakes won’t help you down the road. It’s important to spend the bulk of your time thinking about how to do better in the future.

Make a plan that will help you avoid making a similar mistake. Be as detailed as possible but remain flexible since your plan may need to change.

Whether you find an accountability partner or you track your progress on a calendar, find a way to hold yourself accountable. Keep in mind that what works for one person might not work with someone else.

But..

Expect good things to happen."Optimism isn't magical, it keeps us pointed in the direction of our goals in life. A negative, pessimistic attitude generally repels opportunity."

Do more good and more good will come your way."By giving back to organizations that are important to you and your employees, you will naturally build respect and a good reputation in the community.

Invest in tomorrow.

"Just as you can't get lucky in a lottery without buying a ticket, you can't win at business without risking an investment. If you speak to successful business people, they'll tell you about how many times they failed or how close they were before things turned around. Business isn't just delivering on your product or service, it's investing in your network, investing in tomorrow, and surrounding yourself with the right team. If you want to succeed, you need to ensure you're pushing, pulling, and dragging that team. It requires focus, discipline, and an unapologetic resolve."

#motivate #inspire #motivation #inspiration #fitness #love #success #motivationalquotes #quotes #motivational #entrepreneur #believe #life #mindset #goals #quoteoftheday #hustle #workout #business #gym #inspirationalquotes #instagood #motivated #lifestyle #fitnessmotivation #inspirational #positivevibes #selflove #fit #bhfyp

[eddyblaze04]

There are a host of reasons why individuals choose to become entrepreneurs over the more traditional route of becoming employees. Only you can decide the life that’s right for you, but with the uncertainty of entrepreneurship also comes tremendous freedom and accountability.

Here are sixteen genuine reasons why people become entrepreneurs.

What are your reason for wanting to be an entrepreneur, would be glad to hear?

#eddyblaze_official #teamtecnich #eddyblaze4life #entrepreneur #entrepreneurs #entrepreneurship #entrepreneurlife #entrepreneurlifestyle #entrepreneurmindset #entrepreneurmind #entrepreneurslife #entrepreneurstyle

[eddyblaze04]

I can be several identies....that how I look like When am talking crypto😎 Edwin ifeanyi Anyigor was born 1 August 1990 as an Igbo man from NIGERIA EBONYI STATE and best known as “EDDYBLAZE”. an entrepreneur, hip-hop artist and a computer analyst. I was born and bred in Kaduna State, Nigeria. And attended Ebonyi State University, presco campus. Ebonyi Abakaliki in Nigeria Graduated in 2014 with a B.S.C. in computer science. My goal is simple, to bring BLOCKCHAIN use to the most unexplored market of over 1.2 billion people by bring the right information about the crypto-world in a well comprehensive way. #bitcoin #entrepreneur #hiphopculture #altcoin #igbo #ebsu #ebonyi

[eddyblaze04]

Because Of Microsoft Alone, Bitcoin (BTC) At $8000 Is Significantly Under-priced

New Post has been published on https://is.gd/qDYq7O https://www.reddit.com/r/BitNewsLive/

Because Of Microsoft Alone, Bitcoin (BTC) At $8000 Is Significantly Under-priced

Microsoft’s fascination with blockchain technology is growing, and days after announcing its Azure Blockchain Service, it is on to a new project. The giant computing technology giant has announced that it is creating a decentralized Identity network (DID) using the Bitcoin (BTC) blockchain. Known as the most trustworthy blockchain in the space, the DID will be built as dictated by the Decentralized Identity Foundation’s standards. 

Through the blockchain based DID, Microsoft is willing to let go of its software users login credentials. Its new system running on Bitcoin’s parent blockchain will give Microsoft’s users the control of their identity to use independent of any company as the user deems fit.

A Bitcoin (BTC) Blockchain Based DID

Most blockchain enthusiasts have long awaited the creation of a blockchain based digital identity. The innovation could eventually help all internet users to own a portable credential wallet that can connect them seamlessly to all digital platforms and apps. With such a DID in place, no one company would need to hold into private user’s digital keys. They would utterly be left in the control of the user.

Proponents of this technology believe that it would give privacy a boon because users would no longer need to leave digital footsteps online unless they wish to. The innovation would also reduce the chances of hacks and leaks because there are no centralized pools of data to exploit.

Speaking of their innovation, the tech giant said:

“We believe every person needs a decentralized, digital identity they own and control, backed by self-owned identifiers that enable secure, privacy-preserving interactions. This self-owned identity must seamlessly integrate into their lives and put them at the center of everything they do in the digital world.”

Microsoft Benefits More From Bitcoin (BTC)

Following this announcement, Bitcoin bulls rushed to praise Microsoft’s interest in the Bitcoin blockchain and its potential significance on Bitcoin (BTC) prices. One user tweeted, saying

“At $8,000 the market is grossly under-pricing the significance of the Microsoft news. For a tech giant of this magnitude to announce they are using BITCOIN is probably the most significant announcements in this space to date. They have just endorsed BTC as a platform they trust.” 

Others, however, felt that Microsoft gained more from this move than Bitcoin tweeting back that

“It is the stocks of Microsoft that should rise because they showed the world that Blockchain is Bitcoin. They use the most secure and decentralized protocol for their applications. That’s it. Bitcoin remains the same store of value with or without Microsoft…Microsoft has gained more value from Bitcoin than Bitcoin from Microsoft.”

The Microsoft – Bitcoin (BTC) Contract Sends All the Right Signals

Ari Juels, a Cornell professor, however, says that Microsoft’s use of the Bitcoin (BTC) blockchain sends all the right messages to the crypto market, especially during this Bull Run. “A well-established player like Microsoft embracing an anti-establishment technology is certainly a big deal,” Juels said. Bitcoin has been yearning for enhanced mainstream legitimacy and status, and this endorsement by a trusted tech giant like Microsoft could improve its portfolio’s value.

This contract it has gotten into with Microsoft could enhance its usage and even move its integration into legacy financial institutions that will embrace the Microsoft type of DID. This will, of course, increase the Bitcoin (BTC) overall value and stabilize it from the overwhelming volatility that plagues it since its inception.

Source Ethereum World News

[eddyblaze04]

Initial Exchange Offerings: The Benefits and Limitations

Coinspeaker Initial Exchange Offerings: The Benefits and Limitations

The hype around IEO (initial exchange offering) is continuously growing. Many crypto market innovators take on the new concept to finance their projects. The intent behind IEO was to develop crowdfunding that could improve ICO’s. In 2017, there were millions invested through ICO’s, and yet many people lost their money due to scams. Companies began to support their projects using IEO to build back the trust, as it is known to be more secure and trustworthy.

It takes a lot of effort to prepare professionally for a successful IEO. If you are wondering about funding your project using this concept, it’s good to know that the process has many stages which make your idea accountable for exchanges.

IEO: What Are the Benefits for Your Business?

The central idea behind IEO is to make crowdfunding more secure and reliable. Exchanges are monitoring the investment process. Therefore, investors don’t have to worry if the team behind the project will corrupt the operation and run away with the money.

The supporters of IEO believe that IEO is a silver bullet to transform an existing situation completely. Generally speaking, exchanges are autonomous institutions that have to ensure their own reputation. As a result, they research the company and make sure that the desired project is valuable and can be executed. Besides trust, there are plenty of other IEO’s benefits:

Fast preparation process – due to a reliable exchange platform status, it takes less time to be recognized and furthermore established. Not to mention, an exchange itself supports and promotes your project.

Easy way to enter new markets – with the help of an exchange platform, it’s easier to enter the market and promote your IEO. It has an active user base which eases the way into a new marketplace.

Trust – as mentioned before, the main IEO advantage over ICO is trust. Exchanges put high criteria for all upcoming fundings and choose only those that can ensure the feasibility of the project’s goals.

Exchange handles the KYC/AML process – to meet all legal regulations takes time, but an exchange can expedite the process and handle it all by itself. As a result, you can focus on executing your project.

Exchange’s network takes the part of the marketing strategy – the goal of an exchange is to bring your project to life and keep its clients satisfied. That’s the reason why the platform creates a part of the marketing strategy and helps to promote it. Again, it gives the advantages of saved costs and allows your project to enter the market faster.

Security – exchanges are managing smart contracts of IEO. There’s no direct link between the project’s team and smart contracts. Thus, they are protected from theft, corruption, and any attack to investments.

A substantial number of new token-holders – the central target of crowdfunding is to finance a project. However, many projects fail before they even start generating investments. When proceeding with IEO, exchanges bring their own token-holders and ease the search of potential investors.

Fast and free listing after the token sale and start of the trades – the exchange’s goal is to protect its clients, and as a result, you get plenty of advantages such as quick and free listings after the token-sale is completed. That saves your time and additional costs.

Disadvantages of IEO

The process of IEO seems promising, yet there are points you should take into consideration:

Strict Requirements of Exchanges to Companies Doing IEO

Exchanges as any other kind of business operate to earn profit and maintain their reputation. If the exchange disappoints its users, they can withdraw their funds and migrate to another platform. Therefore, the exchanges tirelessly work to ensure that companies do IEOs not only to fundraise but also create value.

IEO is Not Free it Requires a Specific Budget

Most of the startups suppose IEO costs nothing. Project owners believe they can be listed at any exchange they want and raise lots of money. It doesn’t work this way. IEO is a service that goes from an exchange to a company, and every service must be paid. As a rule, the more fair exchange is the higher bill it has.

No Guarantees of Success

Although the process of IEO’s has a wide range of benefits, still, there are no guarantees of success. Many factors must be taken into account, for example, a market situation, a project by itself, etc. Also, we must remember the exchange is the main factor as it is responsible for promotion, trading, users, the whole process of IEO.

The Key to the Successful IEO

As mentioned before, IEO is a risky business that takes a lot of effort to succeed, especially, when we talk about European or American projects willing to do IEO in Asia. The mentality is different. Therefore, if you want your project to thrive, it’s better considering professional guidance. One of the providers of such service is CBE (China Blockchain Expert).

Since October 2018, the company together with partners finished ten profitable IEO projects. CBE has an extensive network of exchanges such as OKEx; Bit-Z; Coineal; CoinBene; BitForex; Bibox; LBank; Huobi; ZBG; BitMart; Gate.io; Allcoin; KuCoin, BitSonic, CoinZest. The company also provides a long-term marketing strategy, including token listings on several exchange platforms, and a growing community of reliable customers and partners.

When asked what leads an IEO project to succeed, Vadim Krekotin, the founder of CBE, said that the project has to be well prepared before starting IEO. You need to understand that no exchange will handle your project if it doesn’t have an established promotion and marketing plan or required resources to back the idea. Not to mention, you, as a project owner, will have to climb mountains to launch IEO. It takes hundreds of hours of conference calls and meetings with the team and counterparties.

Vadim also agrees that the media distorts the picture of IEO by pushing success stories of the projects that made millions in a few seconds. That’s quite misleading because it takes a lot of time to end the project and bring it to IEO.

Moreover, nobody knows how long this hype will last, because the cryptomarket is changing rapidly. The exchanges that are successfully launching IEOs raise their listing fees and toughen up the requirements to next projects. As a result, the projects that are poorly executed will be washed out of the market.

However, Vadim says still there is an excellent chance of succeeding in IEO if you follow three main recommendations:

Find the best exchange or several exchanges for your project. Conduct research and make sure it can expedite your concept development and success.

Prepare your project. No exchange will deal with an incomplete or inadequate concept. You have to execute a thorough plan for it and have the proof of feasibility. The plan for your IEO project has to meet various requirements; some are:

A considerable amount of followers or users

A budget to start the project

PR and marketing strategies

A working product

A reliable and steady team

Support of institutional investors

Have a long-term strategy. The approach should indicate your market making plan and partners, not to mention, initial agreements with exchanges for future listings. It will ensure an exchange and your prospective investors that the project is promising and worth investing to.

In conclusion, Vadim says:

“As new trends cross a business landscape, we have to be prepared to handle them. IEOs are one of the excellent examples of the crypto community’s enhancement. If you have a compelling idea and want to support it, perhaps, IEO is a way to do it.

However, we should remember at the end of a party someone needs to pay the bill. We saw a similar situation in 2017 and 2018 when hundreds of projects couldn’t resist market realities and had to wrap up their operations. In IEO there are three parties involved in the process: projects, exchanges, and token-holders. Exchanges for exchanges make IEO’s, so they hold their positions with all their strength. The rest is projects and users. Think it over and make up your own conclusion.”

Initial Exchange Offerings: The Benefits and Limitations

Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries.

Blockchain 101 · Crytpo Currency Market ————————————————— Trezor: Hardware Wallet Binance: Exchange for Traders Ledger Nano S: Hardware Wallet Coinbase: Exchange for Investors CoinSwitch: Wallet-to-Wallet Exchange

Via: Initial Exchange Offerings: The Benefits and Limitations

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Facebook Says It Will No Longer Ban Crypto Ads

Facebook says that it’s looking to roll back its ban of all advertising related to cryptocurrencies as it moves forward with its plans to build a new cryptocurrency and crypto-based payment network.

A Progressive, Yet Hypocritical Step Forward

The ban was first instilled in early 2018. Rescinding it, while progressive, also seems a little hypocritical. After all, Facebook was originally against bitcoin and other forms of crypto to the point that businesses could no longer use their advertising services, yet now that it’s entering the space, all’s well and the ban is lifted.

This is the same double standard that allowed the company to side with Cambridge Analytica. To sell user information to third parties for advertising-based purposes is a disturbing tactic, and one that likely compromised the privacy of many social media users, yet now Zuckerberg is claiming the company will focus primarily on privacy and security. Why the sudden change of heart? Feeling fearful or guilty, there?

Nevertheless, the company is opening the doors for other companies to step in and advertise their digital assets and related practices for any traders who might be interested. Originally, all ads pertaining to crypto and initial coin offerings (ICOs) were banned in January 2018. This later eased up in June of that year to allow advertising for companies that had received “prior written approval.” Now, it appears several crypto-based ads will be permissible on the platform.

In a blog post, Facebook announced to readers:

We’ve listened to feedback and assessed the policy’s effectiveness. While we will still require people to apply to run ads promoting cryptocurrency, starting today, we will narrow this policy to no longer require pre-approval for ads related to blockchain technology, industry news, education or events related to cryptocurrency.

Among the largest companies affected by Facebook’s previous ban was Bloom, a startup based in San Francisco, California. The company uses blockchain to help people maintain control “over their personal data online.” How interesting that such a company would be affected by the practices of another tied to Cambridge Analytica. Could this just be a coincidence?

Either way, Bloom spent many hundreds of thousands of dollars on Facebook ads, only to see them fully banned by Facebook in October of last year.

What Is Facebook Planning?

Bloom issued its own statement regarding the change in Facebook’s policies, stating:

It’s good to see them (hopefully) evolve their stance on new technology that puts users in control of their data.

Currently, the social media conglomerate is communicating with payment companies like Visa and Mastercard to garner more than $1 billion in new funding for its crypto platform. In addition, its new currency – known as Facebook Coin – will allegedly be a stable currency, much like USD Coin or Tether. Stable currencies are those tied to fiat such as USD or the euro, thereby preventing them from falling victim to price volatility.

The post Facebook Says It Will No Longer Ban Crypto Ads appeared first on Live Bitcoin News.

Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries.

Blockchain 101 · Crytpo Currency Market ————————————————— Trezor: Hardware Wallet Binance: Exchange for Traders Ledger Nano S: Hardware Wallet Coinbase: Exchange for Investors CoinSwitch: Wallet-to-Wallet Exchange

Via: Facebook Says It Will No Longer Ban Crypto Ads

[eddyblaze04]

Bitcoin (BTC) Could Retest $20,000 By Late-2020: Crypto Investor Novogratz

New Post has been published on https://is.gd/mbUlxv https://www.reddit.com/r/BitNewsLive/

Bitcoin (BTC) Could Retest $20,000 By Late-2020: Crypto Investor Novogratz

Novo Expects BTC Price Rally

Whether you hate or love him, it may be hard to deny that Mike Novogratz, a Goldman Sachs banker-turned-Bitcoin (BTC) diehard, is committed to the crypto cause. In a recent appearance on an array of mainstream media outlets, the investor revealed that he sees a bright future for the cryptocurrency space, especially in terms of the value of BTC.

In a brief interview with CNN Business at SALT Conference, a massive finance and tech event conducted in Las Vegas, Novogratz, who goes by Novo, explained that “Bitcoin has popped back up,” making it clear that the cryptocurrency isn’t dead. He then asserted that more likely than not, the bottom is in, unless, of course, the industry sees a black swan event, like the recent hack on Binance yet far, far worse. Novogratz explains: “It would take something like that to shatter this newfound confidence.” The former institutional investor, who adopted Bitcoin in 2012 or 2013, does note that the hack on Binance does deter institutional investment, adding that “a little bit of guardrails can go a long way”.

In the long-term though, he is abundantly bullish. He explains that over the next 18 months (so by the end of 2020), Bitcoin could begin to a rally

However, it is important to note that for the time being, he expects for BTC to “struggle” at the $6,000 price level. The given reasoning for the quip was minimal, but this point ties in with theories that as Bitcoin failed to fall under $6,000 for months in mid-2018, it may take a while for BTC to do the reverse.

Novogratz’s recent appearance comes after his firm was revealed to have bled out of 2018.

In a press release published last Monday, the New York-headquartered cryptocurrency merchant bank Galaxy Digital unveiled its financial results for the fourth quarter, and thus, fiscal 2018 as a whole. It lost $97 million in Q4 of 2018, up from the $76.7 million loss registered in Q3. Per the filing, much of this loss can be attributed to its principal investing and trading businesses, presumably due to the fact that November and December saw Bitcoin and other cryptocurrencies fall to fresh lows, far below what most analysts suspected. In summation, the firm burned a jaw-dropping $272.7 million if 2018. Ouch.

Fundamentals To Push Bitcoin & Crypto Higher

On the matter of what will push the space higher, Novogratz has looked to a number of subjects. On Twitter recently, he postulated that the Federal Reserve’s recent action to bend to the will of Donald Trump, along with proposed policies from the other side of the political spectrum, are making him extremely bullish for a sound money that is decentralized, censorship-resistant, among other things.

What he also looked to was fundamental news. For instance, he suggested that the news that Facebook is poised to delve into the blockchain space with its own digital asset may boost traditional cryptocurrencies, as awareness and love for this asset class will skyrocket tremendously. But only time will tell if this is true.

Photo by Chris Liverani on Unsplash

Source Ethereum World News