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      "author": "steemitboard",
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      "body": "Congratulations @radhidamak! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@radhidamak/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@radhidamak) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=radhidamak)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "title": "Hey Banks, Can You Do This? Crypto Whale Moves USD 212M, Pays 4 Bucks",
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      "title": "How to Start Cloud Mining Bitcoin Cash",
      "body": "![cloud-1520x1024.jpg](https://cdn.steemitimages.com/DQmUaKzBzQorRJ6w9aw9PC9sxJTrwM8cpLAUypcPENkX8sb/cloud-1520x1024.jpg)\nCloud mining is a way to generate cryptocurrency that doesn’t require buying any expensive equipment, or setting up the infrastructure needed for it. All you have to do is find a provider that you trust and buy a contract from them, which is in essence renting hash power in a dedicated facility. The Bitcoin.com Pool is one such provider, focusing on bitcoin cash (BCH) and employing one of the largest mining data centers in North America. The service also offers BTC cloud mining options and if you already have your own mining hardware you can connect it to the pool as well.\n\nComplete the article from here\nhttp://bit.ly/2XY94If",
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      "title": "Bitcoin (BTC) Determined To Test $5,800-$6,000 Zone Before Downtrend",
      "body": "![811-1.png](https://cdn.steemitimages.com/DQmTKCb9m9zueJtkZB3nGXPK1DZuy7xnBnAfshQr64tZFTN/811-1.png)\nBitcoin (BTC) has been struggling to break past the $5,445 mark for more than ten hours. The last time BTC/USD broke above out of a similar bullish pennant it made a short lived rally which was followed by significant downside. The price has now clearly broken above the 61.8% Fib retracement level but if it keeps on consolidating again at current levels without forming higher highs and higher lows, the probability of a flash crash would increase. This probable crash would set the ground for BTC/USD printing the same fractal that it has two times now in the recent past. This fractal would see the price finally testing the resistance zone at $5,800-$6,000. It is very unlikely for the price to enter another downtrend without testing this zone\n\nComplete the article from here\nhttp://bit.ly/2XTqgOK",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.bloomberg.com/news/articles/2019-04-12/bitcoin-and-tips-a-field-guide-for-investing-in-an-mmt-world",
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      "title": "Bitcoin and TIPS: A Field Guide for Investing in an MMT World",
      "body": "![3-Top-Cryptocurrency-Investment-Tips-to-Newbies-696x449.jpg](https://cdn.steemitimages.com/DQmSZ5q91iaUEBrNFQWEU4phpzH2JJuZ62CtLiyFoWKidNU/3-Top-Cryptocurrency-Investment-Tips-to-Newbies-696x449.jpg)\n\nBy now you’ve almost certainly heard (and heard) about Modern Monetary Theory. Opinions on the validity of MMT are a dime a dozen, but how to trade MMT has been Wall Street’s great unknown, according to Bloomberg Opinion’s Brian Chappatta.\n\nSo here it is. A discussion with investors on how to allocate, invest and hedge if MMT comes to pass -- assuming it hasn’t already.\n\nPrepare for MMT? It’s already here\n“It could be argued that the U.S. president is himself a practitioner of MMT, having fired up growth with unfunded tax cuts and attempting to bully the Fed into implementing a low interest rate policy, which is exactly what the proponents of MMT would advise. I see little reason to believe prices for risky assets won’t continue to drift upwards.”\n\n-Léon Cornelissen the chief economist at global asset manager Robeco\n\nGet out of Dodge\n“In the scenario where the US government is rapidly expanding spending with the idea that deficit financing doesn’t matter, the likely outcome would be higher interest rates, slower economic growth and a weak dollar. In that scenario, we would recommend focusing on investments in countries outside the U.S., buying gold and maintaining significant cash balances.\n\nIn terms of US stocks, they would generally be unattractive as rising interest rates generally hurt defensive stocks such as utilities and consumer staples, and slower economic growth would hurt technology, financials and other growth levered sectors. International stocks would benefit from the weak dollar for U.S. investors.”\n\n-Jay Hatfield, founder & chief executive officer, InfraCap LLC\n\nFight or flight\n“You’d essentially be looking for hedges against inflation. Property, commodities, gold. The other asset that could do quite well are TIPS. You’ve got the inflation protection there. I’d probably switch any bonds into TIPS. You might not have a huge return, but you’d have protection against inflation.\n\nOne response investors might have is to be very defensive and not commit yourself too much. If the U.S. is adopting this type of strategy, money will flee and it will go into euros and yen. Money might flow back into emerging markets. The best strategy in the equity markets might be to go overseas or to jump into foreign currencies. There could potentially be a flight from the dollar.”\n\n-Keith Wade, chief economist & strategist, Schroders Plc\n\nEver hear of bitcoin?\n“To the extent that MMT contemplates a closed loop connecting money printing to finance massive projects and variable taxation to address inflation, it will necessarily require the development of something between a cashless economy and a personal finance surveillance state. For that reason, I suspect that if MMT were introduced, precious metals and cryptocurrencies would swiftly rise in popularity and therefore price: both to assume the role of cash surrogates, and to serve as inflationary hedges.\n\nMany of MMTs proponents view financial market trading not as a continuous process of price discovery but as a form of commercial gambling. I suspect that within an MMT economy, derivatives -- both vanilla, exchange traded instruments and exotic, over-the-counter contracts -- would be regulated far more tightly, if not outlawed categorically.”\n\n-Peter C. Earle, research fellow, American Institute for Economic Research\n\nUP NEXT\nStephen Moore Could Make Fed Monetary Policy Worse\nHave a confidential tip for our reporters?\nGET IN TOUCH\nBefore it's here, it's on the Bloomberg Terminal.\nLEARN MORE\n![LYNXMPEDA71MJ_L.jpg](https://cdn.steemitimages.com/DQmcpgPMyYsVHR4g2QaLrvfh3JKUjGxSNbbZT8uVtQEHVxt/LYNXMPEDA71MJ_L.jpg)",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://cryptosumer.com/2019/04/11/bitcoin-and-altcoins-showing-signs-of-weakness/",
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      "title": "Bitcoin and Altcoins Showing Signs of Weakness",
      "body": "![Bitcoin-Gold.jpg](https://cdn.steemitimages.com/DQmUoZDDugYUZLw99ruaWbAAYiMRZvLFqdWYzoTbCQdjqN6/Bitcoin-Gold.jpg)\n\nYesterday, there were bullish moves in bitcoin above the USD 5,250 and USD 5,300 resistance levels. BTC/USD even traded above the USD 5,400 level and formed a new multi-month high near USD 5,420. Recently, there was a sharp downside correction and the price declined below the USD 5,300 and USD 5,200 levels. The price tested the USD 5,100 level and it is currently consolidating losses. Similarly, there was a downside correction in ethereum and ripple. ETH traded below the USD 175 support and XRP declined below the USD 0.340 support area\nTotal market capitalization\n![f01e5338f1.png](https://cdn.steemitimages.com/DQmbSgcV8W4GT2TsF8CRTHz2z4W6deEnGR5HPidkNLzBz8L/f01e5338f1.png)\nBitcoin price\nAfter bullish continuation above the USD 5,350 level, bitcoin price faced a strong selling interest above the USD 5,400 level. A new yearly high was formed near USD 5,420 and recently the price corrected lower. It broke the USD 5,300 and USD 5,200 support levels. \nBuyers appeared near the USD 5,100 level and the price is currently trading near the USD 5,130 level. On the upside, the broken support at USD 5,200 may act as a resistance. On the downside, a break below the USD 5,100 level might push the price towards the key USD 5,000 support area.\n\nEthereum price\nEthereum price declined sharply from well above the USD 180 level and broke the key USD 175 support. ETH is down more than 5% and it is trading below the USD 170 level.\nAn immediate support is at USD 165, below which there is a risk of a downside extension towards the USD 160 level. On the upside, the USD 175 level could act as a strong resistance.\n\nBitcoin cash, eos and ripple price\nBitcoin cash price failed to stay above the USD 300 and declined heavily. BCH/USD broke the USD 285 and USD 280 support levels. The price is down around 7% and it seems like it could test the main support at USD 265 in the near term.\nEOS traded close to the USD 6.00 resistance and declined below the USD 5.80 and USD 5.70 support levels. The price tested the USD 5.50 support level and it remains at a risk of a downside extension towards the USD 5.35 level.\nRipple price is down more than 5% and it broke the USD 0.345 and USD 0.340 support levels. XRP/USD is trading below the USD 0.338 level, with supports near the USD 0.332 and USD 0.330 levels. On the upside, the previous support at USD 0.340 may now act as a resistance.\n\nOther altcoins market today\nIn the past two sessions, many small cap altcoins corrected lower by more than 8%, including IOST, NULS, LRC, REP, WTC, STRAT, PIVX, AION, STEEM, ARK, ZIL, TRX and PAI. Out of these, IOST, NULS, LRC, REP and WTC are down more than 10%.\n\nThe current price action is slightly bearish and suggesting more downsides in bitcoin towards the USD 5,000 support level. Once the current correction is complete, BTC price is likely to rebound above USD 5,200 and USD 5,250 in the near term.\n_____\n\nFind the best price to buy/sell cryptocurrency:\n![f020f6447b.png](https://cdn.steemitimages.com/DQmaqLKM5RpW7p5XxqmpG9NyjE8Q7R6daeNs1VAG4iC1qdP/f020f6447b.png)\n\nNote : This article from this website \nhttps://cryptonews.com/news/bitcoin-and-altcoins-showing-signs-of-weakness-3673.htm",
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      "body": "[Source](https://cryptonews.com/news/six-questions-irs-needs-to-answer-about-crypto-tax-3651.htm)\n[Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. \r\n\r\nSpam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah).\r\n\r\n[More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/)\r\n\r\nIf you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)",
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