Important Bitcoin Testing Time (Big Sub $40K Dip to Watch For)

While a bullish engulfing candle is some of the best news Bitcoin has gotten in recent days, we still aren’t out of the water yet. In fact, there’s still room to sink even further if the coin can’t hold at the 32.8% FIB level. It sounds scary unless you know what to expect, so let Piano Matty B fill you in on this morning’s edition of Piano TA.

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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.

An Overview on Offshore Oil Drilling

The Arizona Geological Survey revealed that around $400,000 to $ 1,000,000 are spent on one oil drilling venture, depending on the location, size and depth of the hole. Even temporary holes cost $8,000 to $150,000 per day. The industry of oil drilling is very expensive and tedious.

Australian Carbon Credits and Carbon Trading

Australia emits double the amount of carbon emitted by other developed countries of the world and the carbon market of 2010 increased by 34%, which indicates the growing significance of carbon trade, and investors from across the world are spending on projects to generate power through renewable sources of energy, or create carbon sinks from land management policies. Investment in carbon trading provides an ethical and financial profitable means of diversifying the risks.

Investments in Carbon Credits

Carbon credit generation projects provide methods to generate carbon credits which can be traded at carbon credit exchanges at the global world market. The Carbon generated through effective use of farmland and development of forestry provides two popular means to generate carbon credits. You can invest in  carbon credit generation projects in Gola forests in Sierra Leone and in Brazilian rainforests where reforestation projects have been started to generate carbon credits. It is believed rainforests absorb highest amount of carbon from the atmosphere and the  carbon credit generated in the region is Gola forests in Sierra Leone and Brazilian rainforests is REDD Carbon credits which is considered highly valuable in the carbon market.

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