🚨Robert Kiyosaki: ONLY 1000 XRP Can Make You The RICHEST 1 In Your Family!🚨

 

Candlestick Analysis and the Potential of XRP

Today we are going to talk about candlestick analysis and how having just 1000 XRP could potentially make you the richest person in your family. Yes, that’s right! According to Robert Kiyosaki, we are about to get to word war 3 and there’s going to be a huge financial crisis. These are topics that no one wants to talk about and we all would rather ignore them. But today, we are going to tackle the difficult and somewhat uncomfortable topics. So, buckle up because it’s about to get real.

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Staying Updated in the Crypto Market

When it comes to the crypto market and investing in it, you should always be in touch with the latest happenings in the crypto world. It’s not an easy task and we try our level best to condense it down for you so you don’t have to. In most cases, we have to filter through a lot of nonsense and fake news in the crypto world and that’s not easy to do. So, hitting that subscribe button will ensure you are always in the loop with what is happening in the crypto world.

Again, I’d like to insist that this isn’t financial advice and I’m not a financial advisor. Before making any drastic moves to your portfolio, don’t forget to talk to your financial advisor first.

Protecting Your Crypto Assets

There’s a lot of fear of hackers in the crypto world but the same case happens to the fiat world. That’s why you need to be cautious about the news you hear. The best thing is to ensure you store some of your crypto in exchanges and the bulk of it in a cold wallet where you don’t have to worry about any hackers. That also takes a lot of research to do because there’s no need to store cryptos in a cold wallet and they could potentially lose their value over time.

The best crypto to store right now in a cold wallet is XRP. Brad Garlinghouse goes on CNBC to talk about how the US has fallen behind in terms of tech adoption and how XRP could help them catch up. This video gives you a highlight of why XRP is the future of the crypto world. Brad says that Ripple uses the XRP token to enable cross-border payment that’s extremely fast. He even compares BTC to being a digital gold since transactions in the blockchain are expensive and slow. And he’s absolutely right.

XRP as the Future of Crypto

I’ve said this time and time again, BTC is not the crypto of the future no matter how many times we’d like to believe so. Yes, sure, BTC helped the world embrace crypto but that was its only work. The next phase requires a more robust, effective and more adaptive crypto and that’s XRP. Other tokens in the crypto market have their own value whereas XRP ledger has enabled a revolutionary change in payment and its helping companies scale up. Who wouldn’t want a piece of some of that action?

Brad also talks about the current SEC vs. Ripple lawsuit and what comes out clearly is that the SEC is holding a trial that shouldn’t be. They don’t want to give regulatory clarity for the rest of the crypto but still make a stand when it comes to BTC and ETH. Even though BTC and ETH have some of the largest cryptos in the world, they are still crypto. Brad also talks about how the US is lagging behind in terms of crypto adoption and because of the regulatory clarity.

Financial Crisis and XRP

Robert Kiyosaki is one of the most influential people in the world and has a massive following. In this video, he talks about how we are about to get into a financial crisis. He goes on to warn people from saving money in the bank because the Fed can just as well print more money. He also talks about being prepared for the coming inflation. If the US government continues to print more money, it will likely collapse soon. It’s not going to last. America currently doesn’t produce anything and Biden is one of the weakest most corrupt government. And if the inflation continues to go up, we will likely wipe out 50% of the US population. The prices of everything will continue to go up but the wages and salaries of people will remain the same. And when people can’t afford their livelihoods, riots will start to rise and people will be on the streets to demonstrate. Those riots will create civil unrest.

When the stock markets start to crash, that will be the beginning of the end. Everyone who will have a 401K account will be toast. Today, all money is credit and it doesn’t exist. We all need to understand that in this financial time. That’s why I keep insisting on you guys to buy as much XRP as you can. It’s the only crypto that literally could be the hedge against inflation. All its timelines are reversed. What do I mean? XRP’s price went down because of the lawsuit and not because of the inflation. And when all other cryptos started to fall, XRP barely moved an inch. This crypto is the only one that could potentially save all of us from the impending financial crisis.

The Role of XRP in a Global Financial Crisis

We’ve been talking about inflation a lot but I believe it’s about to get worse. Russia and China are teaming up against the US while the US dollar is the Reserve currency. When world war 3 starts, every country will suffer. And the only thing that could protect all of us from what will unfold is crypto, specifically XRP. That’s because this crypto doesn’t depend on the central banks but can easily work hand in hand with them.

Understanding Candlestick Analysis

With that in mind, now, we will discuss how to read an individual candlestick and we will outline its important elements. If you are a money side fan for quite a while you probably noticed that I apply a candlestick chart for the market analysis. The candlestick reflects the price movement for a selected period of time. An hourly candle will show you a price action within an hour and a daily candle within a day. The candlestick pattern has a very specific shape: it is composed of a body and a wick. The wick of the candle indicates the range of the price action within the candle. Its upper wick will show you the highest price during that time period and its lower wick will show the lowest price, while the body of the candle indicates its opening and closing price.

From the color of the body of the candle, we identify its direction. Green signifies a bullish candle while red signifies a bearish one. The lower boundary of a body of a bullish candle will show its opening price and its upper boundary its closing price. The upper boundary of a body of a bearish candle indicates its opening price and its lower boundary its closing price level. With so many elements within a single candlestick, one can derive a lot of valuable information. Some candlesticks have a very specific form and are called candlestick patterns. They are applied for predicting the future market behavior. A proper reading of a candlestick chart may unveil a lot of insights about the market so it is very important for you to learn to work with that.

Wishing you a lovely week. As always, trade safely guys! Please keep in mind, we are not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. Tell us what you think in the comment section below and let's have a conversation. Thank you very much for watching. Don't forget to like this video and to click on the subscribe button below. Turn on notifications to get informed whenever we post our amazing content. We’ll see you in the next video.