I'm Calling MasterCard's CEO Bluff

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    rollandthomas

    Published on Oct 31, 2020
    About :

    The CEO of MasterCard, Ajay Banga, said Bitcoin won’t help bank the unbanked. However, anyone with access to the internet can become a part of the network, bypassing procedures to open a simple bank account. According to Ajay, CBDCs are a more viable solution if virtual currencies are to be integrated into the financial inclusion landscape. I’m calling his bluff, don’t believe the hype.

    MY TRADING METHODOLOGY IN A NUTSHELL BELOW

    I’m a supply and demand trader. The premise of supply and demand trading is when the market makes a sharp move up or down the large institutions i.e banks/hedge funds are not able to get their entire trade placed into the market, leaving pending orders to buy or sell at the zone with the expectation the market will return to the zone and the rest of their trading position will be filled.

    I use multiple time frame (MTF) analysis to improve my discretionary trading decisions. MTF analysis involves analyzing the same asset on multiple time frames. The rule of thumb when using MFT is you want your charts to scale down/up by 4X – 6X. In my case I tend to look at:

    Monthly Charts (curve time frame) – which represents that jet fighter flying over the football stadium.
    Weekly Charts (trend time frame) – which represents the concession stands looking down at the field.
    Daily Charts (entry time frame) – which represents being on the football field with the player.
    4 Hr Charts (entry time frame) – which represents the center hiking the ball to the quarterback.

    https://cointelegraph.com/news/jpm-coin-debut-marks-start-of-blockchain-s-value-driven-adoption-cycle

    https://cointelegraph.com/news/bitcoin-can-t-help-bank-the-unbanked-claims-mastercard-ceo

    https://cointelegraph.com/news/jpm-coin-debut-marks-start-of-blockchain-s-value-driven-adoption-cycle

    Tags :

    leofinance stocks bitcoin crypto neoxian

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