We Forecast .Markets Decide ..

Bitcoin , Etherum ....so on..are the buzzwords in today's economy  ..We here many rag to riches  stories on how they have become millionaires in short time ..Now do we join the bandwagon ..is it the correct value of these coins and what lies ahead . Some short info on what do they mean and how it started Its a digital asset to work as a medium of exchange to secure transactions and create additional unit of currency . Bitcoin was the first currency in 2009 ..after that many were created which are also called altcoins . Their legal status still remains a question as it varies from country to country and in some countries its used as a barter system also . Retail investors have jumped in to the bubble ..hoping that they will be rich soon ..but a word of caution ..even i am not sure on how will it be going forward .. Some points to think be fore you invest . 1. Its not regulated ..i meant there is no regulatory system ..like we have central bank in each country which decide on the cu

Its being long that i have written anything on the markets ,Not able to get time to write on the markets  So whats buzzing  ... S&P getting a breather now after hitting all time highs last few months , seems to be correcting at the moment at 2350 levels .. looks bearish at the moment and i will confirm my short entry may be next week Emerging equities doing good at the moment ..may be they are on a roll ...will scan some markets and update you shortly .Nifty has just hit the 10000 mark .is this a new base for Nifty ..need to check Currencies : Pound and Euro have got up from their lows , is the dollar bull over or still some steam left , Yen looking to weaken .. Gold : Right time to enter ..let me check should we buy being a Friday today  So Folks , will be consistent on my posts now ,,Be in touch ..and will post soon Happy Trading