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Bitcoin Price Prediction 2022. – What Determines the Price of Bitcoin?

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With the evident growth, bitcoin has now become a household name. People all over the globe, whether owning it or not, know enough about bitcoin to get into a conversation about it. That’s not it, people nowadays are actively gaining knowledge about how to trade bitcoins all because of its potential to give favorable earnings. 

It is predicted by many finance experts that bitcoin will only grow in the coming days. Some may say the opposite, but if we look at the current situation, the future of bitcoin looks promising. 

Current Bitcoin price

Bitcoin chart

What Is Bitcoin?

Bitcoin represents s a decentralized digital currency based on blockchain technology that you can buy, sell and exchange directly, without an intermediary like a bank. A platform created by someone, who is still unknown, has paved the way for many other cryptocurrencies.

Bitcoin is a cryptocurrency that is decentralized from any control. It is an open ledger and the cryptocurrency, the digital currency, is traded free from any authority regulating it. Being the first of its kind, the market value of a single bitcoin has been increasing ever since its launch, reaching as high as $50,000, with a much higher bitcoin projected growth.

The purpose of its creation was to replace the actual currency with it and make it a global digital currency that could be exchanged irrespective of the geographical barrier. It uses a decentralized peer-to-peer mechanism which makes it possible to be free from any intermediary or any regulatory authority. 

Since there is nobody or authority regulating it, it is considered illegal to trade in many countries. Due to the risks involved, any government authority stays away from any matter that involves bitcoin. It has a transparent decentralized platform that anybody can access. Even after so many risks are involved, projections of bitcoin prices are much higher. It is still growing in demand and will continue to grow because of its potential to replace the paper currency. 

Bitcoin live rate

Below is presented live exchange rate of bitcoin:


What is Bitcoin price prediction?

Bitcoin price prediction based on technical analysis in the last 10 years and the latest government trading policies shows gradual price increase. The expectation is that the price increase in value 25%-100% in the next two years.  The majority of countries accept Bitcoin crypto and people see it as a safe currency.

What Determines the Price of Bitcoin?

The price of bitcoin determines supply and demand on the market because economical news can not impact the price of bitcoin. Bitcoin does not depend on the economy of any country or bank. However, world regulation and any ban of bitcoin trading (in any country) impact indirectly on bitcoin price.

You can see that price of bitcoin dropped rapidly when China or India forbade bitcoin trading. All strict regulations in blockchain cryptocurrency trading can indirectly impact the price of bitcoin. When some Bitcoin owners see bad news related to Bitcoin (government restriction or social media news) they tend to sell Bitcoin and the price of this crypto currency falls.

How Is Bitcoin Created and How Its Market Works?

Bringing bitcoin into market circulation is done by bitcoin mining. Just like gold is mined out to be able to be physically bought and sold. It is created when a miner solves a computative puzzle and creates a new block. As a reward, they issued bitcoins.

But, creating and granting bitcoins every time a block is created can bring too much bitcoin into circulation, resulting in a decline in the value of the bitcoin. So, to eliminate this fact, it follows a reward halving technique. According to this, the reward is halved after every 210,000 blocks are created. 

The halving technique helps BTC (short for bitcoin) to maintain its scarcity, and hence maintain its value in the market. Just like gold, bitcoin is also limited in quantity, even after being a digital currency. This is why many people call bitcoin digital gold. 

Bitcoin has proved its potential by showing its power to change how transactions were made earlier. It has stood up to every reason it was created for. Though it was created mysteriously by someone named Satoshi Nakamoto, its purpose was clear from the very beginning. It was created to remove the transaction barriers and show the few people holding the power to control the money that there is another way where transactions can be freely made over the globe. 

Bitcoin Price Index

Bitcoin started as nothing. Its value at the beginning of its journey was not even worth a single penny. Nobody had enough trust in this cryptocurrency for many reasons. It came out mysteriously and its identity was only virtual. It was the first of its kind, so there was no knowledge about how the cryptocurrency works and is traded. In simple words, people were not aware of the whole concept of cryptocurrency.

As time passed, people got aware of bitcoin, its worth, and how it plans to replace the overrated paper currency in the future. With time its value increased and more people, over the globe, started bitcoin trading. As the demand grew, after few years of finding its worth, bitcoin was accepted by people and was traded above $1,000.

Later, in 2017, bitcoin took the world by storm when it made bitcoin holders millionaires. In 2017, it reached its previous all-time high price of $20,000. It made a huge impact on the crypto market. People started to see the potential of cryptocurrency. As a result, more cryptocurrencies were introduced in the market. It was evident that even after being just a virtual currency, bitcoin is an asset that one can hold for the long term.

But, bitcoin has an extremely volatile identity. The absence of any regulatory body makes it even more unpredictable and unstable. This could be the reason why after hitting the former highest price, it took a u-turn in 2018. There was an 80% fall in the price and bitcoin started trading at its bottom, $3,000. It came as a shock to many, as they had higher expectations and now they were skeptical if it will ever rise again.

There were many people who knew the potential of this cryptocurrency and had faith that there will be a rise in its value. Traders took the advantage of the bear market and opened long positions. In 2019, bitcoin started showing improvement. It started trading above $13,000 before falling below %7,000.

In 2020, it further came down below $4,000. It was the impact of the market crash due to the pandemic. But many countries like the US introduced many ways and efforts to survive the hit. As a result, the market condition improved and bitcoin started moving upwards. 

In 2021, bitcoin showed its all-time high to date. It stood at the value of $65,000 that showed that bitcoin is never going out of trend. The rise and fall is the market condition but it will find its way up. 

Today, a single bitcoin is traded at a price above $40,000. And because of its halving technique, there is no way its value will decrease. It is forecasted to increase 50% in value in the coming years, maybe even more. 

Bitcoin Price Prediction by Experts

Many experts have shared their reviews on Bitcoin and what they are expecting or predicting about its future. Let us look at some of these forecasts.

  • Robert Kiyosaki- the author of the bestselling book, Rich Dad, Poor Dad, has been openly praising bitcoin and gold and also tells his readers the benefits of investing in both assets. He has predicted that bitcoin will one day reach up to $75,000.
  • Adam Back- he is a developer of bitcoin and the CEO of Blockstream (the technology that helps in storing and transferring bitcoins). He has predicted that bitcoin can reach as high as $300,000 in coming years. 
  • Plan B- Plan B is an expert in bitcoin who created a stock-to-flow model based on the scarcity of bitcoin. According to this model, the price of bitcoin will go above $280,000 in the next two years.
  • Vinny Lingham- He is the CEO of Civic and an entrepreneur in South  Africa. He predicted that in 2017, bitcoin will fall as low as $3,000, which became true. 
  • Daniel Masters- he is an analyst at global advisor. He made the prediction in 2017 when the price went extremely low to $3,000 that the bitcoin value will increase up to $4,500. His prediction was proved correct but the bitcoin price crossed even that mark and reached $20,000 in that year. 
  • Peter Brandt- His prediction came more as a shock to the market. He said that there will be a more than 70% fall in the value of bitcoin. After reaching a high of $20,000, nobody expected bitcoin to fall to such a level. But his prediction became true when the price fell to $3,000 in 2018.
  • Bloomberg- The huge finance media giant predicted in their research for 2020, that bitcoin will jump from $8,000 to more than $20,000. This prediction was also accurate.

Projections of Bitcoin Price

Looking at the reviews and predictions of the experts it is not false to say the future of bitcoin is very bright. From less than $1 to $60,000 currently, bitcoin showed enormous growth and its worth. If we listen to these experts there will be significant growth in the value of bitcoin in the upcoming future. To predict this growth many experts use technical analysis. The technical analysis can tell you what can be expected in the coming time period. Following are the technical analysis of bitcoin for the coming years.

End of 2021

Currently, bitcoin is trading above $60,000 after coming down from it is at an all-time high of $65,000. According to the technical analysis, if bitcoin remains in its bullish run then it is expected to reach a price of $100,000 by the end of the year. But, if it exits the run, it will fall to as low as 50% of its current value.  

2022 to 2023

When the bitcoin price reaches another peak in its bullish trend, the market will eventually experience a bearish trend for the next 2-3 years. But even in its bearish trend, it is not expected to fall below $20,000. Although this price can be overwhelming for many traders they can use the technique of shorting at the bounce in the price of the bitcoin. 

2024 to 2025

Bitcoin uses the halving technique which reduces the bitcoin creation in the market by half after every 4 years. In this technique, the bitcoins issued or rewarded to every blockchain created are reduced by half. This helps in creating a scarcity of this asset and prevents the value from going down due to too much supply. If there is too much supply, it will not retain its importance as a unique cryptocurrency.

The next halving of bitcoin is scheduled for 2024. This may result in a bullish trend, reduced supply, and may take bitcoin to a new high. The expert analysts have predicted this price to go beyond $400,000. 

Conclusion

The future of bitcoin is as bright as the sun. From the very beginning, it has experienced a bumpy road and so is its future going to be. Those who traded bitcoin have had a promising experience. It was created with a motive to replace the global currencies. As it is taking steps towards this goal it is evidently succeeding. Being so technologically advanced has paved the way for many other cryptocurrencies. With increased cryptocurrencies in the market, it has become a layman term for the general public and is widely used. But if it will be able to reach its goal, it is uncertain.

Purchasing bitcoin these days is as simple as purchasing groceries. You can purchase through your visa or master cards or through online payment accounts like Venmo or PayPal. It is no longer restricted in the hands of the few but anyone who wishes to invest or trade can purchase bitcoin, whether it’s a small vendor or large multinational cooperation. It is safer to say that even after being highly volatile, bitcoin will retain its demand throughout its life.

Can You Have Two Brokerage Accounts? – Multiple Brokerage Accounts

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A broker or a brokerage account can be a trader’s best friend. Many consider having a brokerage account compulsory to trade. A trader chooses a brokerage account that suits his trading style and goals. If you look in the market, you will find many brokerage firms offering different types of accounts. They even tempt traders by offering them features like trading tools that are user-friendly, mobile trading services, text or email notification, lower brokerage fees, and many more. 

It becomes a problem when you do not get what you want in a single brokerage account. Also, when you see so many potential brokers and cannot decide to choose one.

Can You Have Two Brokerage Accounts?

Yes, you can have two brokerage accounts. For example, some traders separate long-term trades in one account and short-term trades in the second account. However, brokers don’t allow you to have multiple registration accounts with a different login email but numerous trading accounts with the same username.

Can you have multiple brokerage accounts?

Yes, you can have multiple brokerage accounts. Traders use separate accounts to trade different assets (forex, stocks, etc.) or trade long-term trades in one account and short-term trades in the second account. Usually, traders open several trading accounts using the same email address at a preferred broker.

Is it wrong to have multiple brokerage accounts?

No, it is not wrong to have multiple brokerage accounts. There is no such law that forbids anyone from having more than one brokerage account. Of course, some traders in US open multiple accounts to avoid FIFO rules and use hedging opportunities. This practice is not forbidden.

How many brokerage accounts can I have?

You can have an unlimited number of brokerage accounts. However, some brokers have limitations in the number of accounts (10 accounts or 100, etc.) that clients can open, but it is a rare practice. Brokers encourage traders to have multiple accounts and trade often so they will have a more significant commission.

It is advisable to have one brokerage account that handles all your investments and funds. But trying your hands at multiple accounts can also be beneficial in many ways. 

Let’s look at some of the points you can consider about both options: having a single brokerage account or multiple brokerage accounts.

Benefits of Having Multiple Brokerage Accounts

Many ways are having more than one brokerage account could be beneficial to you. Of course, you can always opt for having just one account, but you must know which option suits you the best. Following are some benefits that you will get from having more than just one brokerage account. 

  • Trade Assets with Higher Risks- Many assets come with higher risks than other assets in the market. For example, forex and cryptocurrency. These assets are risky because they are illegal in some countries and may not have a regulatory body to clear any malpractices. These are the reasons many firms do not offer trading services in these types of assets. So, look for the firms that provide services in trading these risky assets. Also, you may want to separate your other trading accounts from the accounts that help you trade these high-risk assets. This is simply because having these accounts with the same brokerage firm may also affect your other investments. 
  • Get the Benefits of More than One Expert- Many firms in the market offer almost all the services in different asset classes. For example, Bonds, Stocks, ETFs, CFDs, Mutual Funds, and many more. These firms might be offering services in all the available asset classes, but they may be experts at only one or two classes and mediocre at others. So, if you want to take advantage of the experts, try to split your investments into different firms according to their expertise. 

For example – you would want to have a brokerage account with a firm that offers excellent services for trading instead of a firm that is an expert in mutual funds. Similarly, you open your IRA with a firm that has a history of offering better retirement plans than others in the industry.

  • Disperse Your Investments with Different Brokerage Firms- There is a limit of $500,000 set by the Securities Industry Protection Corporation (SIPC). This is the limit to which the SIPC protects a trader who incurs a loss at one of the brokerage firms members of SIPC. Half of this limit can be taken in cash. This is why many traders create different accounts with a lot of investment funds, each staying below $5 Million. 

However, certain conditions are necessary for you to be eligible to get covered under SIPC. Some of these conditions are:

  • You must have your IRA and taxable trading account with the same brokerage firm.
  • The brokerage firm you had your accounts in must have incurred losses or have gone bankrupt and must be a member firm of the SIPC.
  • The trader must have invested over $500,000 to get it covered by SIPC. Thus, the SIPC protects less than 5% of your total investment at the fallen firm.
  • Another essential condition is that your investment funds with the fallen firm must be kept with the DTC under the firm’s name. These funds must be separated from the actual assets of the brokerage firm. 

Now that we know what benefits a trader can get from having multiple brokerage accounts let’s look at the other way round.

Benefits of Having a Single Brokerage Account

Having your trading account with just a brokerage firm has its benefits over having multiple accounts. It becomes hassle-free to take care of too many things simultaneously, and the risk involved is also limited to some extent. But, it must align with your goals.

  • Access your Consolidated Investment Spread over Different Assets- You can have your brokerage account with only one firm that offers brokerage service in different assets. You can choose a firm that can help you display all your investments in other assets like stocks, bonds, IRA, and ETFs on a single platform. This enables you to keep a record of all your investments without even getting to do extra paperwork; however, in the case of multiple brokerage accounts, you have to first gather information from each of your brokerage accounts and then consolidate them to calculate your investments.  
  • Get Benefits of being a Premium Customer-  Any firm dealing in customer service wants to retain their customer and add new customers to their list. For this, they offer their customers different perks like premium services to long-term customers. Similar is the case of brokerage firms. They provide the existing investors premium services if they bring in more investments; they invest in more assets with the same firm. These services may include reduced brokerage fees, free investment consultations, priority notifications on stocks, etc.  
  • Convenience in Keeping Track of Accounts- Having multiple brokerage accounts requires you to simultaneously keep track of every account. This may sound impossible, but there could be a time when you forget to keep track of one or two of these accounts to focus on a different account. As a result, you could miss some opportunity that may have arisen when you overlooked that account. This is not the case when you have a single brokerage account. With one brokerage account, you won’t have to be always on your feet to keep track of different versions and not miss out on the opportunities.
  • Security- Whenever you open a brokerage account, you have to share your details with them. These details may include your account details, your employment status and income, your assets evaluation, and much more. Sharing these details with multiple firms and on various platforms makes it more prone to getting misused. Having only one account helps you secure your information in the hands of a single identity whom you can trust. Hence, more security to your investments and your personal information.

Can you own the same stock in two different accounts?

Yes, you can own the same stock in two different accounts. In addition, you can open multiple trading accounts at the same broker, as well as at several other brokers. Brokers encourage traders to have multiple accounts and trade often so they will have a more significant commission.

Should you have multiple brokerage accounts?

Yes, you should have multiple brokerage accounts if you have enough capital. For example, it is common to have at least $5000 for forex trading or at least $25000 for stock trading. You can trade each type of asset in a separate account or use one account for long-term trading and one account for short trading.

Active and passive trader

Your trading pattern affects your choice of brokerage account. According to the classifications, you are either an active trader or a passive trader. 

An active trader is someone more into day trading. These types of traders do not reap the rewards earned over a more extended period; instead, theyThey indulge in day trading, where they take advantage of slight price movements of stocks within a single day to over a week. Day traders prefer multiple brokerage accounts to take maximum advantage of these single-day price movements. Active traders also know how different assets can prove them full benefits with day trading. So, they look for brokerage firms that can keep with their needs and speed. 

Passive traders are more interested in taking long shots. They want to invest in assets that give them higher profits in the long rSo theyThey invest in assets, retain them and earn mainly from the dividends. For passive traders, single brokerage accounts could be a better option. A single account will help them maintain the investment for a more extended period without requiring much of their efforts. However, if they want to invest in different assets, they can always choose multiple brokerage accounts. 

Can I have multiple TD Ameritrade accounts?

Yes, you can have multiple TD Ameritrade accounts.  You need to use one email address to log in to the Ameritrade platform  (one registration account ), and then under one email address, you can have multiple trading accounts and link them all together.

Can you have two Robinhood accounts?

No, you can have only one Robinhood account.  Currently, Robinhood allows one account per customer and per one Social Security Number. Robinhood has more than 18 million accounts, and it is challenging to manage a large number of accounts.

 

Can I have multiple brokerage accounts at Schwab?

Yes, you can have multiple trading accounts at Schwab, and for each account, you need to create a separate trading account application. Schwab allows you to use the same email and Social Security Number for your profile, and you can transfer cash and shares between accounts.

Conclusion

Both single and multiple brokerage accounts have their benefits and drawbacks. Although we have only discussed the benefits of having anyone of them, their weaknesses can be contemplated compared are both. In the end, it is up to the trader to choose from them and start trading towards the goal they have set. 

Many brokerage firms can also advise on whether to have a single brokerage account or multiple. You can take the advice from the experts and select the account that aligns with your trading style, your investment plans, and your expectations.

How to Invest 50K? – What to Do with 50k Inheritance?

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We find ourselves in a situation where we have some savings and wish to make more out of it. So you find different ways to invest it like stocks, property, other securities, or maybe gold. Something that could help you make more out of it. 

What if this amount is $50,000? The amount can be overwhelming, and people may get confused as there could be multiple options. What is more confusing is to decide if you want to invest the whole amount in a single place or at numerous locations. Or should you invest the entire amount in one go or support it little by little, maintaining a buffer. 

What to Do with 50k Inheritance?

If you have a 50K inheritance you should invest in a business that you know, real estate or equities. Statistically, the best opportunity to invest 50K  in a large basket of funds,  that can offer returns over a long investment time.

 

Plan Before Investing 50k

When you want to invest 50,000 dollars, there are a few things that you should keep in mind. First, as it is a considerable amount to invest, one must be careful with the plans they make and at the same time be sure about all the things affecting the decision to invest. 

The simple reason to invest to gain returns is to safeguard your future. Many people invest in having a buffer or keeping earning when they don’t have a job or any income source when they get old. But is it okay to safeguard your future when you are facing a financial crisis at present?

Let’s look into some of these questions that the financial advisors recommend; one must ask themselves before investing 50k.

  • Do you have any overdue debts?

A debt is something that feels like a burden that you need to pay off. It can reduce your savings and income, especially when you have to pay higher interest rates on it. If you find yourself in a situation where you have money to invest, your first step should be to pay off your debts. Paying off these debts can save you many you have been paying off as interest. And you can again find yourself with some savings that you can invest in the future. 

  • Do you have funds for any unforeseen events or emergencies?

There are situations when people find themselves stuck in cases where they need emergency funds but cannot get them. In such situations, one must have enough liquid funds that could cater to the needs. Experts advise that one must have at least three months of expenses that are needed for a living. These funds will help them be stable in medical emergencies, unemployment, natural disasters, and many more. 

One important thing to remember here is that these funds must be available in a liquid form or in a form where they can be quickly put into use. These should be kept safe and must be checked from time to time. 

  • What category of investors do you fall in?

By category of investors, we mean the type of investor you are or the type of investment you are comfortable in. You have a variety of investment categories you can choose from. For example, if you wish to have a single and safe source of income, you can plan to invest in a stock that you think is stable from the charts or maybe choose a broker or a financial advisor who can advise you on the investment decisions.

If you don’t want to invest your entire 50,000 in a single place, you can invest in mutual funds or create a portfolio of some promising stocks and securities. There are plenty to choose from, ETFs, Target-date funds, CFDs; all you have to do is understand your investing style. 

  • What are your objectives for investing 50k? 

Apart from considering your investing style, emergency funds, and financial condition, before investing 50,000, other factors need your consideration too. 

These factors involve your plans, age, expectations from the investments, and the time you are willing to give to the investment. Some people plan their assets with a goal. These goals could be to buy a car, a house, or save for higher studies of their young children. 

According to these goals, people can plan on the investment time, long or short, or the risk they are willing to take. For example, if someone wants to purchase a car in a few months or within a year, they may not take enough risk as they do not have enough time up their sleeve. On the other hand, if a person wants to invest to gain funds for the future of their young children or to buy a house, they may invest for the long term and are willing to take risks to some extent.

  • What type of investment do you want?

One can find many ways and ideas to invest 50k. If you look at the options available to you, you may get confused about choosing just one. The best way is to consider what type of investment do you want? 

According to how an investor invests in a market, it can be classified into two types, i.e., Active Investment and Passive Investment.

Active investment is a way that suits someone willing to take risks for higher returns. It is a hands-on approach to investment where investors, or someone else on their behalf, actively buy or sell securities in the market. This type of investment requires total concentration on the market. Therefore, one must have done enough research before getting into this type of investment.

Passive investment, on the other hand, involves lesser risks but requires time to generate favorable returns. Investors create portfolios of different securities and hold the investments. This type of investment is best suited to invest $50,000.

If an investor wants to try, having a passive and active investment mix can also be an excellent decision to invest $50,000. 

  • Are your investments safe and secured?

Investments can be hazardous, primarily when you are investing in a stock market. Markets are uncertain, but investors should always secure their investments and be ready for anything that may come uninvited. 

One must always safeguard their investments. It could be by using a broker for the stock market, using encrypted websites while trading, or using a VPN. Before investing 50k entirely, create a reserve fund that may be used in case of any loss due to such risks.   

How to Invest 50k?

  • Invest in Stocks
  • Invest in ETFs
  • Invest in proven and straightforward small businesses (retail, e-commerce, small manufacture business)
  • Invest in Mutual Funds
  • Invest in Bonds
  • Invest in Retirement
  • Invest in Property or Real Estate
  • Invest in children and their future

Once you have answered the above questions, you will be very clear about your investment expectations and financial goals. You will be able to create a clear picture of what you want to do with $50,000. 

As the investment sector is booming day by day, it is attracting more and more people. As a reaction to this growing demand, people now have plenty of options available to invest. But, which of these options available would fit your goals to invest $50,000.

Read on to find out some of the best ways to invest 50k, and check if these options suit your goals.  

Invest in Stocks

Stocks or individual stocks mean investing in stocks of a particular company. It is suitable for those who are looking for long-term investment and a stable income. Stocks not only help you earn capital gains but also offer dividend payments at equal intervals. 

The returns on this type of investment depend upon the company whose stocks you purchased. If the company is performing well in the industry, it will help you earn profits. But, if the company is incurring losses, so will your investment. 

So, before investing in stocks, make sure to have a good check on thcompany’s’sthcompany’s’sthcompany’s’sthcompany’s past and future of this company in terms of demand, current growth, and market position.

Invest in Mutual Funds

If you are unwilling to trade actively and want to invest passively, then mutual funds are the answer for you. You can hand over your investment to a fund manager and brief them about your investment needs. Then, the fund manager pools your investment funds along with others and creates a portfolio accordingly.

Mutual funds are beneficial because the investment is made in a diversified way. In simple words, the fund manager creates a portfolio that has more than one type of securities. For example, it could be equity, bonds, CFDs, ETFs, etc. Furthermore, the portfolio is created in such a way so that it establishes favorable outcomes for the investors.

A drawback in mutual funds could be the cost it includes. The fund manager charges fees to make the investments on your behalf, reducing your earning shares. Also, mutual funds are subject to market risk, for which the fund manager is not responsible. 

Invest in Bonds

Bonds are similar to lending money. When you lend money, your income is the interest you get in return. Bonds work similarly; only, you get the interest twice a year till the maturity of the bond.

Bonds are usually issued by big companies, MNCs, and federal governments. They issue bonds to raise capital. These bonds have a face value depending upon the position of the company in the market. Those who purchase these bonds pay the face value of the bonds for a fixed maturity period and a fixed rate of interest.

You can make money by buying bonds with your 50k in two different ways. You can either retain the bonds till the maturity period and earn by receiving the interest. Or you can resell the bonds at a price higher than the face value to get more than what you paid. One must always be aware of how the company (issuing the bonds) performs in the market. 

Invest in Property or Real Estate

Real estate is a booming industry. With little ups and downs, there is visible growth if we look at the charts. Investing in real estate has helped many people to gain on their investment. 

But can you invest $50,000 to purchase a property? This amount may not be enough to own a property completely. You can choose from many available options to invest in real estate with the spare $50,000 in your hands. You can either invest in Real Estate Investment Trusts (REITs), where stocks of properties like retail space, office buildings, housing societies, and many more are sold. Instead of owning the entire property, you own a fraction of it by buying its stocks. Or you can also go for crowdfunding which is also similar to REITs.

You can always study about the options available to you and choose the best suitable to your plans.

Invest in CDs

If you plan on investing your $50,000 just for some time and want to get a higher return than any other option available to you, then CDs are your option.

CDs or Certificate of Deposit is fixed savings account that most banks offer to their customers. You lock your funds with the bank for a specified period till maturity. As a result, you get a higher interest rate at the end of maturity, more than any savings account can offer you. The benefit of CDs is that you can lock your funds for some time suitable to you. For example, you can lock it for a few months to even years, as per your requirements. 

Before investing in CDs, make sure to know the interest rates offered by the bank and compare them with other available investment options in the market. Also, pre-withdrawal of CD accounts can cost a penalty. So, set the period of maturity according to your needs. 

Invest in children and their future

It is said that your children are your future. Therefore, how you raise them, what type of education you give them, and the morals they learn directly or indirectly affect your future.

What is a better investment than securing the future of your children? Planning about their higher education, saving funds for their tuition fees are also a sort of investment. 

Professional courses and degrees look promising in terms of financial gains and status. But they may cost a fortune. So, if you want your child to go for professional studies like Doctor, Lawyer, Engineer, etc., try saving for it from the very beginning. Your $50,000 saved now would help you build a stronger future.  

Invest in ETFs

Exchange-traded funds or ETFs are a bunch of different securities that have qualities of both stocks and mutual funds. Like Mutual funds, they are pooled together by professional funds managers. And like stocks, they are traded in a securities exchange throughout the day.

If you do not wish to put your money in a long investment, like in stocks, you can go for ETFs. They involve a low cost of trading and can be easily traded in the securities exchange.

Invest in Retirement

Sometimes the motive of savings is to safeguard old age. After your retirement, your income sources reduce, and your needs rise. This is when people want to relax and have a comfortable life, after working hard their entire life. 

The best way to ensure a relaxing future is to invest your 50,000  worth of savings somewhere, which can offer you a better return in the future.  You can also choose from the many government-run policies for retirement. 

Conclusion

Having $50,000 worth of savings is highly fortunate. But, if you want to make more out of it, do your research, find ways to invest it, and choose wisely.

There are plenty of options available to you to invest $50,000. All you have to do is set your goals, make your investment plans and wait for the returns.

EURGBP Live Chart and Price Forecast

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EURGBP Live Chart


EURGBP technical analysis

Below is presented EURGBP technical analysis for short and long-term time frames:

EUR GBP Exchange Rate (EUR GBP) – EUR to GBP History

Below is presented EURGBP long term position price chart:

Which yield curve to use with EURGBP?

If you trade EURGBP, you need to analyze the 10-2 yield spread, representing the yield spread between the 10-year government bond and the 2-year government bond. The yield spread is the leading forex indicator because interest-rate spreads determine the shape of the yield curve. Usually, the shape of the yield curve provides expectations about the economy.

Is EURGBP a good pair to trade?

EURGBP is a good currency pair to trade because it is one of the most traded non-US forex pairs with liquidity, stable range, and depends on the European economy and British economy parameters.

What is the best time to trade Eurgbp?

The best time to trade EURGBP is during UK stock market trading hours from Monday to Friday, 8:00 a.m. to 4:30 p.m when the liquidity is high and trends are the strongest.

What is a nickname for the EURGBP pair?

EURGBP’s nickname is Chunnel, where the term merges “channel” and “tunnel” (Channel Tunnel) that connects mainland Britain to Europe via an underwater railway tunnel that leads to France.

GBPUSD Live Chart and Price Forecast

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GBPUSD Live Chart

GBPUSD technical analysis

Below is presented GBPUSD technical analysis for short and long-term time frames:

GBP Dollar Exchange Rate (GBP USD) – GBP to Dollar History

Below is presented GBPUSD long term position price chart:

GBPUSD Price Prediction – Will GBPUSD go down?

GBPUSD price prediction for 2022 shows a moderate bullish position. However, based on fundamental and technical analysis, GBPUSD has continued to move in multi months bearish cycles since 2015. Therefore, only a price above 1.55 can make a strong bullish move.

Do EURUSD and GBPUSD follow each other?

Yes, EURUSD and GBPUSD are usually correlated and go in the same direction because in both cases EUR price or GBP price we divide with USD price. However, in some moments, when we have a strong EUR or GBP trend and low USD impact, EURUSD and GBPUSD will not be correlated.

Do GBPUSD and USDCAD correlate?

No, GBPUSD and USDCAD are not correlated because GBP and CAD are inversely proportional to USD. So when the USD rises, then GBPUSD will go down, and USDCAD will increase.

Does GBPUSD trade on Saturday?

No, GBPUSD can not be traded on Saturday because the forex market is closed during the weekend. However, some rare brokers offer weekend trading where you can create a pending position, and when the market is open, your position will be opened as a priority.

How does Brexit affect GBPUSD?

Currently, Brexit hurts GBPUSD. Because of Brexit, foreign goods, services, and assets have become more expensive for UK residents. This results in higher levels of inflation and a higher cost of living. However, we can see stabilization and impact of Brexit will be decreased during subsequent years.

How to measure GBPUSD pip?

To calculate pips on GBPUSD, you need to remember that the 0.0001 difference in price is one pip. So if the GBPUSD price gain from 1.3601 to 1.3602, it is a one pip gain.

How to trade the GBPUSD?

To trade GBPUSD, you need to have a forex trading broker, to make technical and fundamental analyses, define triggers, define risk, determine the stop loss price value and target price. There is no simple strategy that can provide you with success in GBPUSD trading. However, short-term or long-term analysis can help you to decide when to enter into trade.
Please read our articles to learn more about technical analysis, fundamental analysis, and Predict Forex Movement. To read more about available forex brokers, read our article.

What is the sentiment of the GBPUSD?

The sentiment of the GBPUSD represents the overall attitude of investors toward a GBPUSD currency pair. So, for example, if some brokers publish that 65% of all traders buying GBPUSD, we can say that GBPUSD sentiment is bullish.
 

What setups work on GBPUSD?

Usually, GBPUSD is volatile currency pair, and economic news fast increases GBPUSD prices such as monetary policy, price inflation, the balance of payments, confidence and sentiment, economic growth (GDP). Therefore, the best setups are trading during and after financial news or swing trades during bullish solid and bearish periods.

What time is the GBPUSD trading time?

GBPUSD can be traded from Monday to Friday, 24 hours. However, the best period for trading GBPUSD is the period of the London stock market ( from 8:00 to 16:30 GMT) and the period during the US stock exchange. This is because some traders open positions in the period of the amplest liquidity when the London stock market and US stock market overlap (12.00 GMT – 16.30 GMT).

When is the most volume for GBPUSD?

The most volume or period of the most extensive liquidity for GBPUSD is when the US trading session overlaps the London session (12.00 GMT – 16.00 GMT).

When did the GBPUSD start?

Modern GBPUSD trading started in 1971 when the Pound was changed to a free-floating currency. Before 1971., GBPUSD was a fixed rate.

Why is GBPUSD called cable?

GBPUSD is called cable because in 19. century, a cable under the Atlantic Ocean transmitted the exchange rate between the US dollar and the British Pound. “Cable” in that time connected New York and London directly.

Why is GBPUSD called Betty?

No, this is a mistake because GBPUSD is not called Betty. GBPUSD is called cable, while Betty refers to the EUR / Rouble pair.

Which currency pairs have nicknames, Barney and Betty?

Barney refers to the USD / Russian rouble currency pair, while Betty refers to the EUR / Rouble pair.

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