BlockWise

The misappropriation of clients’ funds by FTX exchange led to the collapse of the company with a loss of more than $8 billion. This caused the whole crypto market to crash as investors failed to withdraw their money from FTX and some panic selling their crypto assets.

Here are 5 ways to avoid losing all your money to exchanges like FTX.

1. Do due diligence before you invest and invest your money only in coins you understand.

2. Invest only what you are willing to lose.

3. Always diversify your money over several coins.

4. Never store your assets on centralized exchanges. Always keep your coins in a wallet that gives you private keys.

5. Invest in blockchain projects that have transparency.

If you want to learn more about how to invest in crypto and use the best investment approaches, here is how we can help you.

We offer classes in person in Harare and globally online on cryptocurrency investment, with demos on how to create a crypto investment strategy.

For more information contact us on:
WhatsApp / call: +263774897216
Email: [email protected]

Crypto markets exhibited resilience to the U.S Fed interest rate hike this week. Here is a quick summary on other crypto macro markets fundamentals:

1. Bank of England raises interest rates to 3%, the highest jump in 33 years.

2. Fidelity is offering commission free early access to its new BTC and ETH trading App.

3. Goldman Sachs, Morgan Stanley and Coin Metrics to launch digital asset classification system.

4. US Fed Chairman: likely we will have a discussion of a smaller hike in December.

5. The CryptoQuant: The Chinese government holds $3 billion worth of Bitcoin.

6. 401(k) Plans to let workers put retirement money into cryptocurrency.

7. Polygon’s properties place it at the center of institutional adoption.

8. Bitcoin’s Investor Base and Institutional Adoption Is Continuing to Mature, Says MicroStrategy.

9. JPMorgan, DBS Bank and SBI Complete Live Defi Trades on Public Blockchain.

If you want to learn more about how to invest in crypto and use the best investment approaches, here is how we can help you.

We offer classes in person in Harare and globally online on cryptocurrency investment, with demos on how to create a crypto investment strategy.

For more information contact us on:
WhatsApp / call: +263774897216
Email: [email protected]

In case you missed the market fundamental news for the last week of October, here is a quick summary:

1. Visa files trademark application for crypto platform, wallet and NFTs.

2. Hong Kong intends to become a crypto hub, that could trigger the next bull run.

3. Credit Suisse plans laying off 9000 personnel post $4.09 Billion loss in 2022Q.

4. Meta sell-off erases quarter of company’s value after metaverse losses top $9 billion.

5. Fidelity survey shows resilience to crypto, with 74% of high net-worth investors planning to invest in crypto in the future.

6. European Central Bank raises interest rates by 75BP.

7. Onchain analysis indicates that the conviction for Bitcoin die hard believers is unshaken.

8. The US Fed meeting will be held on the 1st and 2nd of November 2022.

If you want to learn more about how to invest in crypto and use the best investment approaches, here is how we can help you.

We offer classes in person in Harare and globally online on cryptocurrency investment, with demos on how to create a crypto investment strategy.

For more information contact us on:
WhatsApp / call: +263774897216
Email: [email protected]

Are you wondering about how you can start investing in cryptocurrencies and blockchain? We have got you covered.

We will host a free ask me anything (AMA) session on cryptocurrency investment and blockchain technology on the 29th of October 2022.

We will be answering questions around cryptocurrency investment and blockchain technology including but not limited to:

1. How to open and use a crypto wallet.
2. Bitcoin, Ethereum and other popular cryptocurrencies.
3. How to buy and sell cryptocurrencies.
4. How to create a cryptocurrency portfolio
5. Tool use in cryptocurrency investment.
6. How to open and use a crypto exchange.
7. And more.

To book for your seat, contact:

WhatsApp: +263774897216
Email: [email protected]
Venue: 23 Hurworth Road, Highlands, Harare.