HDFC Update
2715 📍
In Weekly; next in-line 2850.
In Monthly; Once ATH is taken out, A sight of 3000+ would be caught.
#StockMarket #StocksInFocus #HDFC https://t.co/VpM9Yvbq7l
#HDFC Daily and Weekly TF's
— Gurleen (@GurleenKaur_19) August 3, 2021
Broken past the descending trendline; A follow-up beyond '2558' would bring in 2630 initially followed by 2850.
In Monthly; Once ATH is taken out, A sight of 3000+ would be caught.
[Will open position above 2558]#StockMarket #StocksToWatch pic.twitter.com/jRukw5Yh6d
More from Gurleen
#LTI
Broken past the consolidation over again with excellent price volume action.
Harmonics in place along with a sequence of HL-HH and heading towards the target of Point D [5000] eventually.
#StockMarket #StocksToWatch https://t.co/kudBpwWUZD
Broken past the consolidation over again with excellent price volume action.
Harmonics in place along with a sequence of HL-HH and heading towards the target of Point D [5000] eventually.
#StockMarket #StocksToWatch https://t.co/kudBpwWUZD
#LTI
— Gurleen (@GurleenKaur_19) July 14, 2021
Strong positive move with above average volume almost after 4 weeks.
A breakout here would trigger 4242. #StockMarketindia #StocksToWatch pic.twitter.com/G0fWGyNhLT
More from Hdfc
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.