When you want to invest in financial assets (currencies, shares, cryptocurrencies, commodities), it is essential, even vital, to keep yourself informed of events that contribute to the success of future financial projects, not only to ensure a result that meets expectations, but also to avoid failures that can lead to losses that can sometimes lead to bankruptcy.
To do this, you must stay connected to international trading events, which always allow you to anticipate the investments to be made and move forward with trusted partners that you can meet during trading-related events, whether online or with the events ofAvatrade or at shows like Investir Day, which is the biggest trading event in the world this year. More details later in this article.
Follow economic statistics and media
First golden rule of the trader whether investing at a national or international level: rely on statistics and read the international financial press. To follow the statistics which are essential and which impact the volatility of the values on the financial markets, it is very useful to follow an economic calendar which anticipates the publications of the assets and their values, which logically affects the portfolios of the traders and their offer the possibility of better managing the risks incurred when the markets open and close.
The statistics to follow, whatever the target market, are always the figures for inflation, the country’s growth and those of the employment market. These statistics are continually scrutinized by the government banks which align themselves with them for the implementation of their economic policy.
Be attentive to economic events impacting monetary policy
Any good trader who invests in financial stocks must take into account the fluctuations of a monetary policy often impacted by economic crises, as was seen at the end of 2021 in the United States where an employment crisis impacted the dollar and where the specter of inflation pushed the Fed (American Central Bank) to be stricter on the repayments of loans granted, which resulted in a drop in the New York Stock Exchange and led to a fall of 70% of the value of BTC. Good traders who follow US economic policy obviously saw in this economic event an opportunity to buy digital currencies which were worth $59,000 a year ago, and which are now capped at $16,449. the unit. This risk taking may seem like a loss, but a major event by 2023-2024 should hit the jackpot for its risk takers.
The Halving BTC, an event planned for 2024?
The most awaited event by crypto-traders who are patient while earning Bitcoins at the moment is the BTC Halving. This protocol, put in place by Satoshi Nakamoto, the inventor of cryptocurrency, takes place every four years on average (the last having taken place before the Covid pandemic, the 2022 edition has been postponed) and is unbreakable, that is to say that nothing will stop it. It makes it possible to divide the number of BTC on the market by two, which each time increases the value of the digital currency (rarity = expensive). It is therefore on this event that traders rely to make their newly purchased Bitcoin appreciate in value. The calculation can be good, but you also have to have the necessary capital, even if the BTC has seen its value fall below $17,000 per unit, and also be patient since this event will not take place before 2024, date at which a rise in all digital values is expected, which will lead to an unprecedented bull market in the international financial sphere.
How to keep up to date with the latest trading events around the world?
One of the best ways to be aware very quickly of global financial movements that will have a direct impact on your investments is to create an account on an online trading platform such as Avatrade, which offers access to a detailed economic calendar, in real time and which makes it possible to program buy or sell orders on more than 250 stocks worldwide. The advantage of this type of platform is that it is no longer necessary to go through the various economic and financial newspapers of the planet since the interface does it for you by targeting your favorite assets.
Finally, the trading events in the world are all presented on these platforms and allow professionals to meet in virtual or face-to-face fairs following the organizers, so the next investor fair is that of Investir Day which takes place on November 29 at Carrousel du Louvre in Paris, which will bring together listed companies, management companies, brokers, cryptocurrency investors, economic analysts… in other words all the players who matter in the field of trading today in France and internationally.