Fundamental Development:-
Everyone knows how to invest in crypto. It’s simple. You can buy a crypto fund like BITO or GBTC. Or you can buy crypto on sites like PayPal (NASDAQ:PYPL), Square, Cashapp, and Robinhood (NASDAQ:HOOD). Or you can get yourself a wallet and buy assets on crypto exchanges.When we say “how to invest,” this isn’t what we’re talking about. We’re referring to the particular investment strategies to which each asset lends itself. Let’s look at some of the various investment strategies for a handful of assets.Uniglo (GLO) Uniglo is a DeFi project that’s currently in ICO mode which is by far the best time to get on board an asset that has the potential for mass adoption such as this one. Uniglo’s vision is specifically tailored to long-term investors. Deflationary tokenomics highly favor presale investors.Uniglo is a DAO. All holders of the GLO token get to vote on investment activities. The idea is for the community to build an ever-expanding treasury of long-term investment assets. These could include crypto, NFTs, and tokenized hard assets like gold. All you have to do to get exposure to this diversified portfolio (which will likely incluse the assets below) is buy and hold the GLO token. This simplicity gives Uniglo a good shot at being the first invstment DAO to see mass adoption.
Short Term Technical View: On daily period, BTC is trading below 200 simple moving averages and trading above previous day high. Yesterday BTC made High 2,250 and decline from that level. Now Bitcoin is struggling to gain momentum above $24,350. Yesterday it made low near $23.600.
Alternative Scenario: If Bitcoin fails to clear the $24,350 resistance zone, it could start another decline. An immediate support on the downside is near the $23,800 level.
Hourly MACD – The MACD is now gaining pace in the bullish zone.