Hafez Financial Services

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Month: April 2022

What is phishing and how to prevent it?

Phishing is a fraudulent activity in which criminals try to obtain sensitive information by deceiving people. The most important information that criminals use to gain access to phishing is passwords, credit card information, bank account details, and so on. Phishing is usually done by forging a website (in terms of […]

Ethereum Revisits $2.8K, Why Upsides Might Be Limited?

Ethereum started another decline from the $3,030 resistance against the US Dollar. ETH even spiked below $2,800 and currently attempting an upside correction. Ethereum started a major decline below the $2,950 and $2,860 support levels. The price is now trading below $2,950 and the 100 hourly simple moving average. There […]

Bitcoin (BTC) Dips Below $40,000 Over Ukraine And Possibility Of Fed Rate Hike!

The price of Bitcoin plummeted below $40,000 on Monday, while other cryptocurrencies saw losses, according to Coingecko data. BTC is trading extremely close to two long-term support levels but has not yet demonstrated any bullish reversal indicators. This comes as investors remain wary of the situation in Ukraine and the […]

7,831 BTC Moved from Coinbase to Cold Wallets as BTC Targets $46,000

Popular crypto tracking service Whale Alert has detected two large Bitcoin transfers made from the Coinbase exchange to wallets that belong to an anonymous crypto investor. This has been done, while Bitcoin is floating above the $41,000 level and is expected to return to the $46,000 zone. These whales withdrew […]

Bitcoin Under Pressure Near $40K!

Bitcoin remains rangebound in the high $30,000 to low $40,000 areas. The first crypto by market cap has seen its volatility reduce as several factors contribute to the slowdown across the sector. At the time of writing, Bitcoin (BTC) trades at $40,500 with a 6% loss in the last 24-hours […]

Guide to diversification in the portfolio; Do not put all your eggs in one basket!

The terms asset allocation and diversification are often used interchangeably. However, each of them refers to an almost different aspect of risk management. Asset Allocation in Money Management Strategy explains how capital is distributed among different asset classes in a portfolio, but Diversification describes the allocation of capital to each […]

Why Bitcoin Needs To Go Above This Level To Reclaim $50K0?

Bitcoin slows downs as it makes its way back from the high area of around $30,000. The top crypto by market cap still records profits over the past week (3%) but could re-test support at lower levels. At the time of writing, Bitcoin trades at $41,300 with sideways movement over […]

Whales Accumulate Through The Dip As Bitcoin Repositions To $40K!

Volatility remains one of the characteristics of Bitcoin that could easily change the holding stance of investors. To some, a downward movement will mark their period of massive accumulation and expansion of their holdings. On the other hand, some will suffer considerable losses through a dip. Bitcoin has been on […]

When is the best time to buy cryptocurrencies?

Cryptocurrencies like bitcoin are always in danger of fluctuating. As we have experienced many times before, the price of cryptocurrencies rises or falls by tens of percent in a day and sometimes just an hour. When prices start to rise, we all do not know if this is the best […]