Why do bitcoin and altcoins change between inverse and direct relationship in price - I became rich using this method and now I make over $10,000 monthly.
More information
Scott Evans
30.11. 2017 15:09  | 

Let\'s start with two facts. Market these days is inconsistent, that is the first and the second fact is that there are many factors that are affected trend of the price either we are talking about rise or fall all currencies on market. Same thing is with the fiat currency, they come in pair which means there is a strong connection between two currencies. Correlation is the measure of connection between two currencies.

Correlation is the measure of mutual effect of the two phenomena. It is shows the strength of the connection between two currencies in this example. Correlation can be positive and negative and it can go from -1 to +1. It is pretty simple, if the price of Bitcoin is on the rise, people will sell alternative cryptocurrencies and buy Bitcoin. Supply of altcoins are rising, price of the same is dropping.

How Negative Correlation Works

If the demand of Bitcoin is rising, more people want to buy more Bitcoins and people will be ready to pay a price that is higher just to get some Bitcoins, so they can earn money from day-trading or some other methods of earning money from Bitcoins.

How Positive Correlation Works

The example between the government and cryptocurrencies. If government regulations are placed or when a government official makes anti-cryptocurrency statement, demand of Bitcoin is falling down. The government regulations in this situation are mutual influence factor.

In the text above we mentioned the basic understanding of mutual involvement of relationship between two currencies. As we said there are some other factors influence. Correlation is only showing connection between two variables, but if we use factor analysis, which is way more complex we could see more useful information like factor saturation per currencies and we could see which phenomenon influence other.

Get started now - Life is too short to be poor. Correlation, positive, negative, Bitcoin, supply, demand
Start now

Make money in three easy steps!

My method cannot be used everywhere. Most banks and traders do not know what this method is about. And even when they do know about it, they would never, under any conditions, provide it to ordinary people. That's why it's very important to choose a reliable licensed broker who will allow you to make money. These are my two favourite brokers. Register with one of them - or even both of them. They both offer advice, video tutorials and a personal adviser - absolutely free.

Try out the strategy with a demoversion:

  Binomo

Tiburo Corporation Ltd
A modern broker with a small minimum required deposit
My quick tip: The broker allows nonstop trading including the weekend with trades from as little as $1
Minimum deposit: $10
 

  Make Money Robot

A basic robot that allows you to trade binary options automatically even if you are a beginner
My quick tip: I recommend to trade currency pairs, for example EUR/USD or CNY/USD.
Minimum deposit: $200
 
 


  daniel (197.211.56.*) wrote

am interested hope its reliable

  FXVM (103.217.177.*) wrote

Forex Singal    https://forexrobotnation.com/vps-review-fxvm/

This is a great motivating content.I am fairly much happy with your great work.You put really very information.

  Prudence (41.13.164.*) wrote

How can i gain a money online

Please address me about how can i gain a money online

  vivi (154.113.16.*) wrote

Does it work for Nigeria

I'd like to try this, but I'm really really broke. And I need details on how it works. I'm from Nigeria.

  Dennis mutembei (154.79.141.*) wrote

About the credit card    Olympic trade

Am a Kenyan and our currency is the Kenyan shilling so how do I withdraw money from the Olymptrade after winning or how should I get the credit cards to earn money

  kareem jide (197.156.250.*) wrote

a fresher     Olymptrade

new to it , kindly please help me

  May Liosi (103.43.144.*) wrote

Information

I am from Papua New Guinea and I would like to know more on this opportunity.

  Dayyan Ahmed (110.36.183.*) wrote

How to make money online for a teenager?

Hi,my name is Dayyan Ahmed. I am a teenage boy who needs to help my family financially, i belong to a middle class family and am currently doing Alevels so I thought of trying something to earn enough to hold my own expenses,to get my burden off my parents and to learn about what to do to earn money easily. Thankyou for your time reading my comment. Have a good day sir!

  nickley mwanamwale (165.56.52.*) wrote

i would love to learn how to make money    nickley mwanamwale.com

i would love you to teach me how to make money, am 21 years and am from zambia

  omokolade sunday (197.210.54.*) wrote

does it work here in Nigeria ?

How do i register from here in nigeria? Need your reply right now.

All comments (on new page)
 
 
 

 Add new comment!

Ask anything or share your experience
You will receive detailed instructions to your email.