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    You are at:Home » Markets » Market Review » Market commentary from 29.01.2021
    market commentary

    Market commentary from 29.01.2021

    By Patrick Heusser on 29. January 2021 Market Review

    An overview of what is happening in the crypto markets, summarised by Crypto Finance AG Senior Trader Patrick Heusser in the market commentary.

    Market commentary

    Good Morning!

    Here you will find Ray Dalio's view on Bitcoin. I actually do not have much to add, and can only recommend that you read his intro. On a very high level, it is "bang on the money".

    The only part I would have liked to have seen a bit more exploration effort from Ray's research team is on the potential network effect. Bitcoin's advantages and its potential coexistence as an alternative in the investment universe. A global mind set shift in respect to "you own your money; you are the only one responsible for it; you are in charge of your investments". This kind of shift will move a great deal of capital away from the traditional finance universe to bitcoin and all the other numerous projects in the decentralised financial universe.


    Copyright © 2020 | Crypto Broker AG | All rights reserved.

    All intellectual property, proprietary and other rights and interests in this publication and the subject matter hereof are owned by Crypto Broker AG including, without limitation, all registered design, copyright, trademark and service mark rights.

    Disclaimer

    This publication provided by Crypto Broker AG, a corporate entity registered under Swiss law, is published for information purposes only. This publication shall not constitute any investment  advice respectively does not constitute an offer, solicitation or recommendation to acquire or dispose of any investment or to engage in any other transaction. This publication is not intended for solicitation purposes but only for use as general information. All descriptions, examples and calculations contained in this publication are for illustrative purposes only. While reasonable care has been taken in the preparation of this publication to provide details that are accurate and not misleading at the time of publication, Crypto Broker AG (a) does not make any representations or warranties regarding the information contained herein, whether express or implied, including without limitation any implied warranty of merchantability or fitness for a particular purpose or any warranty with respect to the accuracy, correctness, quality, completeness or timeliness of such information, and (b) shall not be responsible or liable for any third party’s use of any information contained herein under any circumstances, including, without limitation, in connection with actual trading or otherwise or for any errors or omissions contained in this publication.

    Risk disclosure

    Investments in virtual currencies are high-risk investments with the risk of total loss of the investment and you should not invest in virtual currencies unless you understand and can bear the risks involved with such investments. No information provided in this publication shall constitute investment advice. Crypto Broker AG excludes its liability for any losses arising from the use of, or reliance on, information provided in this publication.

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    About the author

    Patrick Heusser

      Patrick Heusser is Head of Trading at Crypto Broker AG. Prior to joining the company, Patrick worked as an Interest Rate Trader at UBS and held various positions in the IRCC (interest rate, commodity and foreign exchange trading) in London, New York, Singapore and Zurich. Patrick is an expert in trading and risk management. He also gained experience in other areas, such as building start-up companies. Patrick has a degree in banking from a business school. He has also taken various courses in technical chart analysis.

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