Bitcoin News Archives - Rossendale Harriers
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Bitcoin News

ContentAbout BitcoinWhat if someone creates a better digital currency?What do I need to start mining? If you own a whole Bitcoin, then when Bitcoin’s price increases $1,000, if you sell at the time then you have made $1,000. However, if you only own 0.1 BTC, then you have only made a fraction of that. A common practice for people new to crypto is to calculate profit or loss from the whole dollar amount of the coin. Some people have difficulty understanding how to calculate their profit or loss if they have less than one coin. 1 satoshi is much smaller, it is one hundred millionth of a bitcoin. When we use the GDP per capita, the cost has fallen faster. Looking at the table shows that a gallon of gasoline today costs around 3 cents a gallon if measured as a "share" of the GDP per capita. This is because...

ContentFibonacci Retracement Trading StrategyHow Do You Apply Fibonacci Retracement Levels in a Chart?How to trade the Fibonacci retracement?Fibonacci Retracement and Extension Tool In Mt4 ChartWhat is golden ratio strategy? Now that you have a basic understanding of Fibonacci retracement levels, let’s now dive in a bit deeper to study the origins of the Fibonacci sequence of numbers. The Fibonacci numbers are a set of numbers starting with zero and one wherein the sum of the next number in the series is the result of adding the two prior numbers. The Fibonacci ratios, 23.6%, 38.2%, and 61.8%, can be applied for time series analysis to find support level. Whenever the price moves substantially upwards or downwards, it usually tends to retrace back before it continues to move in the original direction. For example, if the stock price has moved from $200 to $250, then it is likely to retrace back to $230...