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Maker

The GME Fiasco Demonstrates the Need for RavencoinYou are probably aware of the unprecedented events surrounding Gamestop stock, retail investors, a potential short squeeze, and market manipulation by institutions. Thousands of retail investors like myself lost out on what could have been hundreds of thousands of dollars in gains on GME stock due to illegal abuses of the influence that brokerages and hedge funds have. The legislation is already in place to prevent the naked shorting that led to GME being shorted 140% of float, but it still happened. The legislation is in place to prevent the unbalanced and severe effects that Robin Hood had on GME stock by blocking buy orders for GME and not blocking sells. But it still happened. The potential for the short squeeze was a mathematical inevitability, and even now the brokerages admit that the price could have climbed into the thousands, had not the price been tanked by the halt of buy orders. But it hasn't happened, and may never happen now. We may see some punishment doled out for this, but we'll never see the money we should have made, which for most retail investors would have been life-changing. The issue therefore is not with the laws, but with the limitations with law itself. Rules against this kind of inequitable market influence and mechanical control over trading are not sufficient to prevent it. The only thing that can truly prevent it is that the conditions for this inequity don't exist in the first place. That is what decentralized finance provides. The cryptocurrency Ravencoin (RVN) is commonly referred to as being to assets (like stock, gold, art, etc.) what Bitcoin is to money. Ravencoin is built such that asset tokens can be created to represent real assets, either in the generic sense (i.e. many identical gold bars) or in the specific sense (i.e. particular works of art within the larger asset of "art"). Such a system can be used to distribute, buy and sell stocks. It could be also be used to distribute dividends, and even potentially handle the options market. Were such a decentralized system in place, no institution or individual would have the power to shut down the activities of other traders or manipulate stock in the way that Robinhood and other brokerages have in the GME fiasco. Regardless of the laws in place, this wouldn't have happened had the stock been represented by Ravencoin assets rather than paper certificates. As the continued democratization of finance grows and more average people enter the markets, the protections that cryptocurrencies and decentralized financial systems offer will be more and more crucial in pushing that forward. I have invested in Ravencoin not only because of the potential profit from that growing movement but also because I like technology and believe in the principles it can be used to uphold, of fairness and liberty. If you got into crypto now you would still be early! Disclosure: This is opinion, not advice. I have positions in both Gamestop and Ravencoin.
BINANCE:RVNUSDLong
by NoWorkOnlyTrade
What will be the hottest Crypto of 2020? Bitcoin? Not so sure!I hope everyone is ready for a née movement in Crypto this year. I will predict this. 2021 is going to bring some pretty amazing surprises. I would like to know if anyone has a opinion or a theory on what could be the future Crypto Market this year. Possibly even surpassing Bitcoin?? Is that possible?? I truly think it is. Here is why. Ether is set to explode but if you are reading your charts closely then you have seen so many others start to climb and climb out of know where. So far I myself would have to say Maker has been beyond impressive to me! I would love to know as a Crypto trader if you are one? What is your favorite Crypto and the most profitable for you? Im pretty sure everyone will be surprised.... I know for me that CRV has been a game changer. At the moment I don’t own any bitcoin and I have completely shattered the limits of trading in a very unconventional way. Everyone said I was crazy when I did it but I stuck with the smaller Cryptos as Bitcoin stalled the past month. I just would love to know thoughts on this particular strategy ? All I have to say is that it worked amazingly well for me. 300% gains in a month.... Not to bad? If I would have just sit around on my Bitcoin. I would not be posting this. I just always like to keep it moving. Why sit and do nothing when you could continuously buy and sell ? Just read the chats and volume. I have not been doing this long but I can assure you I am happy I stuck to this method. What has been the strategy of most of you Crypto traders over the past month?? Or years??? Of course Elon Musk had to buy quite a few shares today and caused a surge but will it last and for how long?? I’m still thinking it will hit around 30,000 once more before it’s gone to the moon and back forever? I guess we will all have to wait and see. I’m happy trading what I have been trading. Cannot get upset over 300% gains.... I do agree it will reach $500,000 by years end. Thoughts? Happy trading and hello to all my fellow investors. I just joined here and I’m always here for a good chat. I just wants to say hell and here any thoughts on this particular topic? Cheers.
Short
by CryptoMitchRVA
1
Optimistic price projection for the next scenarios in MKRUSDT 4HTechnical analysis regarding the price of MAKER in relation of dollar Tether for the next scenarios, based on 4 hour movement. Price broke through this bullish channel which also coincides with a region of considerable resistance. Financial volume gaining proportion also making the candles normal and proportional to the volume that is readjusting in its main upward trend. Parabolic SAR gaining oscillation at low price, guiding you. Exponential Moving Averages gaining significant distance and following the primary upward trend! I strongly believe in the potential of this cryptography in the medium/long term. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Long
by luizhcruz
1
$MKR/USDT 8h (Binance Futures) Ascending triangle on support#Maker DAO is looking ready for a big move up like his little brother Compound already did. On lower Time Frame we can see an ascending channel forming as well, this could lead the way up if doesn't pull-back more. Current Price= 544.91 Buy Entry= 544.80 - 534.00 Take Profit= 561.69 | 586.21 | 617.15 Stop Loss= 517.11 Risk/Reward= 1:1 | 1:2.68 | 1:4.21 Expected Profit= +8.26% | +17.36% | +28.82% Possible Loss= -8.26% Fib. Retracement= 0.382 | 0.786 | 1.272 Margin Leverage= 2x Estimated Gain-time= 720h
Long
by TradingOn