ETHEREUM IS ANOTHER CRYPTOCURRENCY BUBBLE - How You Can Trade It in 2021

ETHEREUM IS A CRYPTOCURRENCY. It, just like Bitcoin, has literally gone ballistic, a bubble perhaps?? The Ethereum chart is on a high. Can we trade it? How can we make money on Ethereum?

In this video we demonstrate
• the pattern the we have noticed
• What we expect to happen and why?
• And how you can trade it and make money

We focus on how to make money trading Ethereum using a simple strategy published in our textbook My Trendline Breakout Strategy – How to Make Money Trading Forex.

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Get Your Copy of MY TRENDLINE BREAKOUT STRATEGY: If you would like to learn more about this strategy and see how you may use it to make money trading the Forex Markets you can obtain a copy of our textbook by clicking this link. https://www.investopportunity.co.uk/mytrendlinebreakoutstrategy

Today we are presenting a strategy that you can use each week on multiple currency pairs. Here, for example, we traded the GBPUSD https://youtu.be/QRVpGo9AwhA

What is Ethereum: Ethereum is a decentralized, open-source blockchain featuring smart contract functionality. Ethereum (ETH) is the native cryptocurrency of the platform. It is the second-largest cryptocurrency by market capitalization, after Bitcoin. Ethereum is the most actively used blockchain.
Ethereum was proposed in 2013 by programmer Vitalik Buterin. Development was crowdfunded in 2014, and the network went live on 30 July 2015, with 72 million coins premined. The Ethereum Virtual Machine (EVM) can execute Turing-complete scripts and run decentralized applications. Ethereum is used for decentralized finance, and has been utilized for many initial coin offerings.

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Describe Ethereum: Ethereum was initially described in a white paper by Vitalik Buterin, a programmer and co-founder of Bitcoin Magazine, in late 2013 with a goal of building decentralized applications. Buterin argued that Bitcoin and blockchain technology could benefit from other applications besides money and needed a scripting language for application development that could lead to attaching real-world assets, such as stocks and property, to the blockchain. In 2013, Buterin briefly worked with eToro CEO Yoni Assia on the Colored Coins project and drafted its white paper outlining additional use cases for blockchain technology. However, after failing to gain agreement on how the project should proceed, he proposed the development of a new platform with a more general scripting language that would eventually become Ethereum.
Ethereum was announced at the North American Bitcoin Conference in Miami, in January 2014. During the same time as the conference, a group of people rented a house in Miami: Gavin Wood, Charles Hoskinson, and Anthony Di Iorio from Toronto who financed the project. Di Iorio invited friend Joseph Lubin, who invited reporter Morgen Peck, to bear witness. Hoskinson left the project at that time. Ethereum has an unusually long list of founders. Anthony Di Iorio wrote: "Ethereum was founded by Vitalik Buterin, Myself, Charles Hoskinson, Mihai Alisie & Amir Chetrit (the initial 5) in December 2013. Joseph Lubin, Gavin Wood, & Jeffrey Wilcke were added in early 2014 as founders." The basic idea of putting executable smart contracts in the blockchain needed to be specified before the software could be implemented. This work was done by Gavin Wood, then the chief technology officer, in the Ethereum Yellow Paper that specified the Ethereum Virtual Machine. Subsequently, a Swiss non-profit foundation, the Ethereum Foundation (Stiftung Ethereum), was created as well. Development was funded by an online public crowdsale from July to August 2014, with the participants buying the Ethereum value token (Ether) with another digital currency, Bitcoin.

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