Does your software is working only for long term forecast or also more short frame
In your prediction interesting is gold overpriced
But sure if dollar will goes up gold down
Rest is logic
Italian crisis will affect all western financial markets
Will you also offer more like traditional banking products
Good Questions from you.
All Onasander Analysis software works at long term forecasts. It could run short term trading calls, but they would not be always correct. The time frame would not allow to capture all
price movements and eventually you would have a bigger correction or "run up" and the call would fail. On a short term scale our software would become just like any other Technical Indicator. Good, but not good enough to trade, unless you would use other trading software on top of it.
Yes, I knew the Gold prediction would raise eyebrows. I was even not sure if I should post it. Gold is very misunderstood as an investment. It's kind of a religion in itself. People get attached to it. Gold was a buy
before September 11 2001. Now it's simply expensive. It could go up, but mostly in nominal terms, not in real terms. Unless we have a currency crisis, but even than we stay with our call on Gold. There are simply better deals out there. If Gold over the next 2 decades (this is how long it took for Gold to correct last time) goes below $400, it will be a buy on our charts. Otherwise we simply ignore it.
The idea is to offer the exact financial products as other Banking Institutions in the real world, and offer simple block chain investments to global investors. It would be a hybrid. We would try to accommodate everyone.
We are big fans of what the blockchain offers in terms of capital formation, since right now anyone with a Crypto address can invest in anything. This is great for investments as it breaks down lots of unnecessary barriers.
As far as Italian crisis: Sure they are in trouble, but so is almost everyone else. No one knows what the next trigger will be, but it's not a secret it's the Debt and Governments that are in trouble this time. We do not worry much either way as long as there is price movement.
Thank you for answer
Truth is that money move price there was printing in usa printing in europe and printing in crypto becouse of usdt
How you fell about getting SEC license will you register like a security it cost lot of money i think
I am all the time reading about SEC regulations for crypto but in fact there is no any federal regulations for crypto
But i know USA is very fragile in a case of any financial ico.They have already opened to legal and criminal cases against two financial ico based in USA
Whatever you project is long to come but very promising and looks like you know what you want to do