Daily Archives: December 21, 2020

Bitcoin could see a 25%-30% sell-off in the new year, but it’s still a long-term buy, trader says – CNBC

Posted: December 21, 2020 at 11:49 am

Bitcoin's record rally could hit a wall in 2021.

Signs in the cryptocurrency's technical chart point to a 25%-30% sell-off that's likely to hit early in the new year, Miller Tabak chief market strategist Matt Maley told CNBC's "Trading Nation" on Thursday.

Bitcoin broke above the $23,000 level for the first time on Thursday, building on a massive, 215% year-to-date rally.

"There's no question it's been a melt-up, and it could last a little bit longer," Maley said. "I think on a short-term basis it could continue a little bit longer, and I'm very bullish on it on a very long-term basis. But intermediate term, I'm a lot more concerned than I think a lot of other people."

Part of the problem is the market's excess liquidity, Maley said. Over the summer, that sideline money fueled the mega-cap tech rally; now that those stocks have stabilized, it's driving bitcoin, he said.

"The problem is it's now taken the weekly [relative strength] chart on bitcoin to a very, very high level," he said.

"It's above 88 [as of Thursday]. That's not quite up to the 90 level that it reached twice in 2017, but those were followed by declines of 36% and 64%," he said. "We're not quite there yet, ... but as the pandemic starts to fade a little bit [and] maybe that liquidity becomes a little less plentiful, this stock could get clobbered like it has many other times in the past."

He noted that just since 2016, bitcoin has seen 10 declines of 20% or more, seven declines of 30% or more and four declines of 48% or more, adding that investors shouldn't underestimate its pattern of volatility.

"People need to be careful as we move into the new year," he said. "I love it long term, but I think it's going to be a much deeper sell-off than the 10%-15% ones we've seen more recently. I think you're going to see 25%-30% easily. Again, I don't think that really starts until early in the new year, but I do think it's coming soon ... based on this overbought condition and the froth that we've seen in this asset class in the last week or two."

Michael Bapis, managing director of Vios Advisors at Rockefeller Capital Management, said he would suggest holding on for the long term, volatility and all.

"It took me a little while to get on this train, but I think it really is the new currency," he said in the same "Trading Nation" interview. "If you have that long-term perspective, three-, five-, seven-year perspective, you just hold onto it."

Bitcoin has become a global currency, a hedge against inflation and something of a "new commodity" in this market environment, Bapis said, comparing its triple-digit rise this year with gold's 24% gain.

"Lastly, it's become a part of a balance sheet reserve for some of these big companies," he said. "PayPal is now accepting bitcoin as a global currency ... starting in 2021. Square has made a massive investment into bitcoin, and it's also using bitcoin for its reserve on the corporate balance sheet. ... Blockchain, we all know that that's the real technology and it's here to stay, and I do believe bitcoin is a leader in the global currency, cryptocurrency side of this for as far as we can see."

"Ijust think you own it and put it away for a long-term investment and watch how it maybe transforms the currency and the world we live in today," Bapis said.

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Bitcoin could see a 25%-30% sell-off in the new year, but it's still a long-term buy, trader says - CNBC

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More than half of UK’s furloughed jobs at risk of automation report – The Guardian

Posted: at 11:49 am

More than half of furloughed jobs in the UK are at the highest risk of automation as the Covid crisis accelerates workplace technology change, driving up redundancies and inequality across the country, according to a report.

The two-year commission on workers and technology, chaired by the Labour MP Yvette Cooper, found that workers in sectors hit hardest by the pandemic such as hospitality, leisure and retail face a double whammy as their jobs are at the most risk of being replaced by machines.

The findings from the commission, organised by the Fabian Society and the Community trade union, show that as many as 61% of jobs furloughed in the first half of this year were in sectors where automation is most likely to lead to job losses.

Rapid adoption of technology during the coronavirus pandemic has helped protect jobs as millions of employees work from home. But while employers have used new technologies to survive, the commission formed of academics and trade unionists said many furloughed jobs would not return as a result.

Physical-distancing requirements, remote working and online shopping have driven consumers and firms to make permanent changes to the way they use technology this year, with the pandemic likely to have a lasting impact on business and society. While spending in some physical shops has collapsed, resulting in thousands of job cuts by well-known high street employers, online spending has boomed benefiting firms with fewer staff and highly automated operations.

According to the commission, 5.9 million of the 9.6 million furloughed workers were in the third of sectors with jobs at highest risk of automation, according to analysis of Office for National Statistics figures.

Urging the government to increase spending on job support and skills to help workers retrain for new employment opportunities, the report said failure to take action would risk exacerbating social disruption and fuel an increase in inequality.

It said low-paid and disadvantaged workers were more likely to work in jobs at high risk of automation, with women, younger and older workers, people from minority ethnic backgrounds and disabled staff most likely to lose out.

The chancellor, Rishi Sunak, has promised more funding for jobcentres and training since the pandemic struck, including a 2bn kickstart fund to help young people find work. However, the commission said additional steps were urgently required to address the scale of the jobs crisis.

It said free training needed to be offered to all furloughed workers this winter, before the wage subsidy scheme is due to expire at the end of March. Among a wide-ranging set of recommendations, it also said the Treasury should also expand kickstart to support people over the age of 25 and to guarantee people either a job, training or the opportunity to return to full-time education.

The government is really not looking at this double risk, on how you help the economy through the Covid crisis and the people most affected by these much more rapid changes in technology, to make sure they arent left behind and lose out as a result, Cooper said.

Theres a real danger of widening inequality, long-term structural unemployment and low pay, as a result of people not being able to benefit from the economic recovery and improvements in technology that we all want to be able to benefit from.

Hitachi Solutions and Allganize Join Forces to Transform Enterprise Automation with AI – PR Web

Posted: at 11:49 am

SAN FRANCISCO (PRWEB) December 21, 2020

Hitachi Solutions, Ltd. announced the release of "Business Efficiency Solution by Natural Language Processing (NLP) AI." It combines Hitachi and Allganizes expertise in Artificial Intelligence (AI) to provide business automation solutions, such as Robotic Process Automation (RPA), NLP and cognitive agents.

"Hitachi is a recognized leader in the industry. We are honored to be their preferred partner, said Changsu Lee, CEO of Allganize. The initiative provides a powerful arsenal of enterprise-level tools that help businesses increase productivity by integrating information and communication, RPA and more. We look forward to bringing AI strategies to life with our expertise.

Businesses generate a huge amount of data, from memos to emails, legal contracts to R&D, and many more. This vast unstructured data is not searchable let alone derive meanings from it. Many companies are investing millions in AI software and infrastructure without a clear strategy. AI requires experimentation and many iterations to verify through proof of concept (POC). Hitachis consultants can help clients design AI pilots, iterate and scale solutions to meet enterprise needs.

Allganizes proprietary AI technology is able to extract structured knowledge from millions of documents and other content sources to empower employees, strengthen customer relationships, boost sales and innovation. Hitachis "Katsubun Intellectual Information Mining" provides a set of tools and techniques to identify specific ways to improve business operations. The two organizations will combine their respective strengths to meet the fast-growing demand for AI solutions.

The solution features:

Visit https://www.hitachi-solutions.co.jp/allganize/ to learn more.

About Hitachi Solutions

Hitachis "Katsubun Intellectual Information Mining" was developed to help understand partners processes, bottlenecks, and present factual insights. It can identify the best AI initiatives for companies and conduct effective due diligence to provide the right advice for their clients. The joint effort of the two companies will help businesses identify key issues, design, implement, and deploy end-to-end AI solutions at full scale in a fraction of the time.

For more information about Katsubun, visit https://www.hitachi-solutions.co.jp/katsubun/sp/. To learn more about Katsubun Intellectual Information Mining, visit https://www.hitachi-solutions.co.jp/katsubun/sp/cin/

About Allganize

Allganizes technology allows enterprises to automate answering questions from a myriad of unstructured text documents. The company's AI platform empowers customer support representatives, speeds up customer resolutions, enhances search experience on websites and mobile applications, and extracts named entities from contracts for underwriters and agents. Unlike their competitors in the enterprise AI segment, Allganizes proprietary technology does not require manual data tagging, making it fast and easy to integrate while providing best-in-class results and accuracy. Allganizes chatbot can automatically resolve 50~80% of customers questions and free up agents time to handle four to five times more high priority issues.

Visit https://allganize.ai to learn more about Allganize.

Sales start date: December 17, 2020To learn more about products and services, visit https://www.hitachi-solutions.co.jp/inquiry/.

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Hitachi Solutions and Allganize Join Forces to Transform Enterprise Automation with AI - PR Web

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Global Water Automation and Instrumentation Industry – Yahoo Finance

Posted: at 11:48 am

Global Water Automation and Instrumentation Market to Reach US$28. 4 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Water Automation and Instrumentation estimated at US$13.

New York, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Water Automation and Instrumentation Industry" - https://www.reportlinker.com/p05960457/?utm_source=GNW 5 Billion in the year 2020, is projected to reach a revised size of US$28.4 Billion by 2027, growing at a CAGR of 11.2% over the analysis period 2020-2027.DCL, one of the segments analyzed in the report, is projected to grow at a 10% CAGR to reach US$3.1 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the PLC segment is readjusted to a revised 10.6% CAGR for the next 7-year period. This segment currently accounts for a 64.7% share of the global Water Automation and Instrumentation market.

The U.S. Accounts for Over 28.8% of Global Market Size in 2020, While China is Forecast to Grow at a 14.9% CAGR for the Period of 2020-2027

The Water Automation and Instrumentation market in the U.S. is estimated at US$3.9 Billion in the year 2020. The country currently accounts for a 28.84% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$5.3 Billion in the year 2027 trailing a CAGR of 14.9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 9.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.9% CAGR while Rest of European market (as defined in the study) will reach US$5.3 Billion by the year 2027.

SCADA Segment Corners a 23.4% Share in 2020

In the global SCADA segment, USA, Canada, Japan, China and Europe will drive the 12.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.4 Billion in the year 2020 will reach a projected size of US$5.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.2 Billion by the year 2027, while Latin America will expand at a 15% CAGR through the analysis period. We bring years of research experience to this 8th edition of our report. The 183-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

Story continues

ABB Ltd.

CH2M Hill Inc.

Emerson Electric Company

General Electric Company

Mitsubishi Electric Corporation

Pepperl+Fuchs GmbH

Rockwell Automation, Inc.

Siemens AG

Yokogawa Electric Corporation

Read the full report: https://www.reportlinker.com/p05960457/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW Impact of Covid-19 and a Looming Global Recession Global Competitor Market Shares Water Automation and Instrumentation Competitor Market Share Scenario Worldwide (in %): 2018E

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE Table 1: World Current & Future Analysis for Water Automation and Instrumentation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027

Table 2: World Historic Review for Water Automation and Instrumentation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 3: World 15-Year Perspective for Water Automation and Instrumentation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2018 & 2027

Table 4: World Current & Future Analysis for DCL by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027

Table 5: World Historic Review for DCL by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 6: World 15-Year Perspective for DCL by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2018 & 2027

Table 7: World Current & Future Analysis for PLC by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027

Table 8: World Historic Review for PLC by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 9: World 15-Year Perspective for PLC by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2018 & 2027

Table 10: World Current & Future Analysis for SCADA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027

Table 11: World Historic Review for SCADA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 12: World 15-Year Perspective for SCADA by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2018 & 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES Market Facts & Figures US Water Automation and Instrumentation Market Share (in %) by Company: 2018 & 2027 Market Analytics Table 13: USA Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 14: USA Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 15: USA 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

CANADA Table 16: Canada Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 17: Canada Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 18: Canada 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

JAPAN Table 19: Japan Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 20: Japan Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 21: Japan 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

CHINA Table 22: China Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 23: China Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 24: China 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

EUROPE Market Facts & Figures European Water Automation and Instrumentation Market: Competitor Market Share Scenario (in %) for 2018 & 2027 Market Analytics Table 25: Europe Current & Future Analysis for Water Automation and Instrumentation by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027

Table 26: Europe Historic Review for Water Automation and Instrumentation by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 27: Europe 15-Year Perspective for Water Automation and Instrumentation by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2018 & 2027

Table 28: Europe Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 29: Europe Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 30: Europe 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

FRANCE Table 31: France Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 32: France Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 33: France 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

GERMANY Table 34: Germany Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 35: Germany Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 36: Germany 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

ITALY Table 37: Italy Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 38: Italy Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 39: Italy 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

UNITED KINGDOM Table 40: UK Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 41: UK Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 42: UK 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

SPAIN Table 43: Spain Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 44: Spain Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 45: Spain 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

RUSSIA Table 46: Russia Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 47: Russia Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 48: Russia 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

REST OF EUROPE Table 49: Rest of Europe Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 50: Rest of Europe Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 51: Rest of Europe 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

ASIA-PACIFIC Table 52: Asia-Pacific Current & Future Analysis for Water Automation and Instrumentation by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027

Table 53: Asia-Pacific Historic Review for Water Automation and Instrumentation by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 54: Asia-Pacific 15-Year Perspective for Water Automation and Instrumentation by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2018 & 2027

Table 55: Asia-Pacific Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 56: Asia-Pacific Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 57: Asia-Pacific 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

AUSTRALIA Table 58: Australia Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 59: Australia Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 60: Australia 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

INDIA Table 61: India Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 62: India Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 63: India 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

SOUTH KOREA Table 64: South Korea Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 65: South Korea Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 66: South Korea 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

REST OF ASIA-PACIFIC Table 67: Rest of Asia-Pacific Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 68: Rest of Asia-Pacific Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 69: Rest of Asia-Pacific 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

LATIN AMERICA Table 70: Latin America Current & Future Analysis for Water Automation and Instrumentation by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027

Table 71: Latin America Historic Review for Water Automation and Instrumentation by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 72: Latin America 15-Year Perspective for Water Automation and Instrumentation by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2018 & 2027

Table 73: Latin America Current & Future Analysis for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027

Table 74: Latin America Historic Review for Water Automation and Instrumentation by Segment - DCL, PLC and SCADA Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017

Table 75: Latin America 15-Year Perspective for Water Automation and Instrumentation by Segment - Percentage Breakdown of Value Sales for DCL, PLC and SCADA for the Years 2012, 2018 & 2027

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Global Water Automation and Instrumentation Industry - Yahoo Finance

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Manage Increased Loan Volume by Automating Document Collection Processes – ABA Banking Journal

Posted: at 11:48 am

SPONSORED CONTENT PRESENTED BY FILEINVITE

Work has changed. But has it changed enough? For some, dramatic retooling has provided significant benefits. For others, it simply has mimicked traditional processes in a digital model, producing a garbage in, garbage out situation. Leading lenders have not only survived but thrived and part of the winning combination has been aligning digital evolution to business priorities.

In the feast or famine of volatility, lenders have generally feasted and the challenge has been a delicate balance of capturing opportunity without sacrificing employee wellness or customer satisfaction. By automating the time-consuming process of document collection, innovative lenders have been able to capitalize on increased opportunities, easing the workload for existing staff and reducing the need to hire new staff during uncertain business conditions.

20th Century Technology for a 21st Century Challenge

Lenders using 20th century tools like email, spreadsheets and Customer Relationship Management (CRM) suites have found that they are proving inadequate in meeting modern workplace demands. In the lending application process, a large volume of documents needs to be collected for the transaction to move forward. Outdated systems relying on many manual steps negatively impacts the ability to accelerate loan close times.

Downstream, this affects bigger business issues including time to revenue, quality customer experience and the visibility businesses need to make forecasts for critical decision-making. What may be worse, is the risk that is compounding in those inboxes: personal information that is not being managed in compliance with privacy laws.

Luckily, tools that provide speed, efficacy, process automation, and data integration are already available to transform new work processes. Industry experts estimate that hyper automation is occurring in the majority of financial services businesses. Yet many are not able to reap the benefits, due to disjointed, siloed and costly systems.

Manage Higher Loan Volumes by Breaking Processes Down

To realize the benefits of automation, lenders like Nucleus Capitals 7a Funding are looking across the tasks their teams do every day to identify and streamline time-consuming manual tasks. Using technology to compress the cycle of lending applications and approvals and run parts of the process simultaneously, 7a Funding has been able to dramatically increase the number of loans processed per person. The organization has also reduced the amount of time to close applications, and improve the experience for banks and lenders, making them more likely to choose to work with them in the future.

Tony Brevard, principal and CEO of Atlanta-based Nucleus Capital says Ive learned that automation isnt just for the big banks or the startup techies. Our business was growing so fast that we just couldnt handle the volume. We looked for automation to solve a particular part of our business workflow document collection and have been able to increase the volume of business we handle by nine times.

Brevard has shared his story and how hes been able to accelerate his business using automated document collection in a video available at this link.

Critical Success Factors

While many lenders have invested in digitization, industry analysts indicate that most are early in their journey. Learning from early adopters can help lenders avoid mistakes and accelerate their own initiatives. Critical success factors include:

Quick Innovation to Meet Business Demands

As lenders needs evolve, they have the opportunity to create business advantage in the tools and processes they choose to digitize and automate. Being able to innovate quickly and adapt to changing consumer demands means assembling capabilities that deliver a fast route to business objectives: revenue, efficiency and effectiveness. To do this, lenders should consider standardizing, simplifying and automating repetitive processes such as document collection for loan applications that free up employee time to focus on more strategic elements of business.

Find out more about automated document collection here.

Manage Increased Loan Volume by Automating Document Collection Processes - ABA Banking Journal

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Bitcoin surges past $20,000, erasing 3 years of deep losses – The Associated Press

Posted: at 11:48 am

CHARLOTTE, N.C. (AP) The price of bitcoin rose above $20,000 for the first time Wednesday, as the speculative digital currency topped its previous peak reached shortly after it became tradable on Wall Street three years ago this month.

Like other instruments used to store value in times of uncertainty, bitcoin has benefited from the pandemic that has pushed other commodities like gold, silver, platinum to multiyear highs. Because of bitcoins structure, few coins are being created anymore and there is relative scarcity.

Heres a brief look at bitcoin:

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HOW BITCOINS WORK

Bitcoin is a digital currency that is not tied to a bank or government and allows users to spend money anonymously. The coins are created by users who mine them by lending computing power to verify other users transactions. They receive bitcoins in exchange. The coins also can be bought and sold on exchanges with U.S. dollars and other currencies. Some businesses also accept bitcoin, but its popularity has stalled out in recent years.

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WHAT HAPPENED?

Bitcoins got their big Wall Street debut in December 2017, when bitcoin futures became tradable on the Chicago Mercantile Exchange and the Chicago Board of Trade. The fervor and interest in bitcoin heading into its trading debut pushed the digital currency to record highs. The currency, which was worth less than $1,000 at the beginning of 2017, climbed up to $19,783 by the end of the year.

But once the trading began, bitcoin futures fell sharply over the course of several months. A year later, the currency was worth less than $4,000. Investors and bitcoin enthusiasts at the time said the 2017 jump was largely caused by speculative interest and media attention.

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HOW MUCH IS IT NOW WORTH?

One bitcoin is worth roughly $20,700, according to Coinbase, a major digital currency exchange that also trades other tokens and currencies.

But the value of bitcoin is volatile and moves hundreds or even thousands of dollars in the course of a week. A month ago, it was worth less than $17,000 and a year ago it was worth less than $7,000.

Bitcoin is a highly speculative investment and has not performed as well as more traditional forms of investing, like stocks or bonds, unless a buyer was in the currency years before it caught on. For example, three years ago The Associated Press bought $100 worth of bitcoin to keep track of the currency and to possibly build stories about how businesses were accepting it. That portfolio only broke even this month.

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WHY BITCOINS ARE POPULAR

Bitcoins are basically lines of computer code that are digitally signed each time they travel from one owner to the next. Transactions can be made anonymously, making the currency popular with libertarians as well as tech enthusiasts, speculators and criminals.

Bitcoins have to be stored in a digital wallet, either online through an exchange like Coinbase, or offline on a hard drive using specialized software. While the bitcoin community knows how many bitcoins exist, where they all are is anyones guess.

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WHOS USING BITCOIN?

Some businesses have jumped on the bitcoin bandwagon. Overstock.com accepts payments in bitcoin, for example.

The currency has become popular enough that more than 300,000 transactions typically occur in an average day, according to bitcoin wallet site blockchain.info. Still, its popularity is low compared with cash and credit cards, and most individuals and businesses wont accept bitcoins for payments.

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HOW BITCOINS ARE KEPT SECURE

The bitcoin network works by harnessing individuals greed for the collective good. A network of tech-savvy users called miners keep the system honest by pouring their computing power into a blockchain, a global running tally of every bitcoin transaction. The blockchain prevents rogues from spending the same bitcoin twice, and the miners are rewarded for their efforts by being gifted with the occasional bitcoin. As long as miners keep the blockchain secure, counterfeiting shouldnt be an issue.

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HOW BITCOIN CAME TO BE

Its a mystery. Bitcoin was launched in 2009 by a person or group of people operating under the name Satoshi Nakamoto. Bitcoin was then adopted by a small clutch of enthusiasts. Nakamoto dropped off the map as bitcoin began to attract widespread attention. But proponents say that doesnt matter: The currency obeys its own internal logic.

In 2016, An Australian entrepreneur stepped forward and claimed to be the founder of bitcoin, only to say days later that he did not have the courage to publish proof that he is. No one has claimed credit for the currency since.

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Bitcoin surges past $20,000, erasing 3 years of deep losses - The Associated Press

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Cofense Unveils Automated Phishing Detection and Response Capability – Business Wire

Posted: at 11:48 am

LEESBURG, Va.--(BUSINESS WIRE)--Cofense, the leading provider of phishing detection and response (PDR) solutions, today announced new product innovations to Cofense Vision. Most notably, the addition of an Auto Quarantine feature that identifies and automatically removes malicious emails from recipients inboxes often before users see or have a chance to open them, based on our knowledge of similar threats in other customer environments. This high degree of automation significantly reduces the time to identify and resolve attacks, provides protection from threats that bypass Secure Email Gateways (SEGs) every day, and lessens a security analysts time spent hunting malicious email. Auto Quarantine is powered by the Cofense Intelligence network of Cofense researchers, the Phishing Defense Center (PDC) team of analysts, and millions of people around the world identifying and reporting suspected phish.

How it Works

The Cofense team closely monitors the threat landscape and is able to leverage a global network of over 25 million human sensors identifying and reporting on suspicious emails, and a team of advanced researchers and intelligence analysts to create an unparalleled view of threats happening in real time around the world. The moment a threat is identified, Cofense analysts generate an Indicator of Compromise (IOC) tuned to stopping that threat. With Visions Auto Quarantine feature, these IOCs are used to identify malicious emails that have bypassed the SEG seconds after they are received. When a match is found, the email is auto quarantined where it can then be examined and if appropriate, removed permanently. Current Cofense Vision users are observing several such threats as being automatically addressed every day, thus significantly reducing the window of vulnerability to active email-borne threats like ransomware, business email compromise (BEC), malware attacks, and credential theft.

Cofense Vision with Auto Quarantine Proven Effective in Enterprise Organizations

Fortune 500 Retail Organization:

A large retail customer was an early adopter of Cofense Vision with Auto Quarantine. The account team provided an email to the customer with a recently identified public malicious phishing link. The email completely bypassed all of the existing email security controls. But within seconds, and before the recipient could open the email, Vision identified the email as a threat and auto quarantined it. This happened without any human intervention.

Large, Full-service Mortgage Provider:

This enterprise organization deployed Vision with the new Auto Quarantine feature across its organization. During the first week, Vision identified six separate phishing campaigns. Each of these campaigns contained approximately 500 phishing emails that had bypassed existing email security technology and made it to recipient inboxes. The Vision Auto Quarantine functionality immediately quarantined the thousands of emails without analyst interaction and before a recipient could open the email, quickly and effectively reducing risk to the organization. Prior to Vision, the team did not have visibility into the extent of phishing campaigns nor any systematic way to identify and remove them.

Global Construction Company:

When this global construction company enabled Auto Quarantine, they saw an immediate impact. A phishing campaign disguised as a Microsoft Teams invite to a holiday party appeared shortly after Auto Quarantine was configured. The email was immediately identified as a phishing campaign and over 200 emails were auto quarantined. After the initial detection, the company continued to be targeted with the same phishing campaign and the auto quarantine functionality in Vision has continued to detect and remove several dozen more attacks.

Phishing threats are human-developed, which is why Cofense is helping organizations out-human the phishing threat. By continuously updating our solutions with capabilities to remove real-world threats before anyone in the organization even sees them, Cofense is greatly reducing the risk of a phishing attack, says Aaron Higbee, Co-Founder and CTO of Cofense. With the newest version of Cofense Vision, organizations can immediately operationalize Cofenses indicators of compromise and automatically remove malicious email from an environment even before a team member tags them as suspicious. Customers are quickly adopting Auto Quarantine for its effectiveness in stopping threats that bypass SEGs, and for delivering immense productivity gains for SOC and IR teams.

To learn more about Cofenses PDR platform, designed to deploy as an integrated suite of products or delivered as a comprehensive managed PDR service through the Cofense Phishing Defense Center (PDC), please visit http://www.cofense.com/.

About Cofense

Cofense is the leading provider of phishing detection and response solutions. Designed for enterprise organizations, the Cofense Phishing Detection and Response (PDR) platform leverages a global network of over 25 million people actively reporting suspected phish, combined with advanced automation to stop phishing attacks faster and stay ahead of breaches. When deploying the full suite of Cofense solutions, organizations can educate employees on how to identify and report phish, detect phish in their environment and respond quickly to remediate threats. With seamless integration into most major TIPs, SIEMs, and SOARs, Cofense solutions easily align with existing security ecosystems. Across a broad set of Global 1000 enterprise customers, including defense, energy, financial services, healthcare and manufacturing sectors, Cofense understands how to improve security, aid incident response and reduce the risk of compromise. For additional information, please visit http://www.cofense.com or connect with us on Twitter and LinkedIn.

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Cofense Unveils Automated Phishing Detection and Response Capability - Business Wire

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Ritholz And Brown Riff On Tesla, Bitcoin, And SPACs – Barron’s

Posted: at 11:48 am

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Ritholtz and Brown are impresarios of the Twitterverse and the presiding geniuses behind the fast-growing Ritholtz Wealth Management. In a recent talk with Barrons, they talked about their market views and the charms of direct indexing. Here, in an edited outtake from the interview, the two discuss the allure of Tesla, Bitcoin, and special purpose acquisition companies (SPACs).

Barrons: In a wild year, some wild investments captured investors imagination. Tesla (TSLA) has shot up 731% so far this year; Bitcoin reached an all-time high of more than $23,000, and SPACsshell companies created to go public in order to acquire a private company, became the hottest mechanism in M&A. Whats going on?

Brown:Jack Bogle [founder of Vanguard and inventor of the index fund] has done more for the profession of asset management and individual investors than Warren Buffett, but one of the things that bothered me about his acolytes and the puritanical movement around indexing in general, its how it doesnt allow for the idea that sometimes people just feel like speculating, because they want to. Its their money. Its their life. We of course want to play around with Tesla. So I think that stuff has a place in portfolios.

Lets start with your thoughts on Bitcoin.

Brown: Whether or not Bitcoin increases in prominence among institutional investors and then trickles down into individuals wealth management accounts, remains to be seen. I can completely picture it. Bitcoin could be the next generation version of gold, but that part of the story is not as interesting, and were not building positions in Bitcoin [based on] that. Right now financial advisors are terrified to add cryptocurrencies, because nobody wants to be the first one to get sued for blowing up a clients account with Bitcoin.

And SPACs? These shell companies reemerged as a way to take private companies public without going through the traditional vetting an initial public offering requires. SPACs dont have a great track recordare they as risky as they used to be?

Brown: Theyre actually extremely conservative. Theyre basically piles of cash. So hedge funds can buy them and [say] theyre invested. But theyre not invested. They own cash with an option to become invested. They can flip it the day of an announced deal, or even vote against the deal. So its a clever way for managers who are expected to put money to work, but dont have ideas or dont want to take that much risk. SPACs are speculative if you hold them past the point that they make their acquisition, because then you are investing in a business that was vetted essentially by one investor, rather than a traditional IPO roadshow. Had Nikola (NKLA) tried to go public as a traditional IPO, it never would have made it.

Ritholtz: Why should SPACs follow any different type of performance distribution than mutual funds or ETFs or hedge funds? Ninety percent of everything is junk.

Brown: Their historical performance is atrocious. Its because the type of company that historically did the SPAC wasnt good enough to warrant their own traditional idea. Now, I am somewhat sympathetic to the idea that a SPAC is professionalizing. But not all of them.

Ritholtz: Theyre competing with each other for the same handful of things.

What are your thoughts on Tesla, which just entered the S&P 500?

Ritholtz: Everybody looks at Tesla wrong. Teslas already shifted the paradigm. Theyve already won. Whatever happens with the stock price of Tesla is almost irrelevant. I did an analysis recently that looked at the 10 most valuable car manufacturers. About half their value comes from the electric car side. Traditional automakers are thinking were not going to let Elon Musk do to us what Jeff Bezos has done to booksellers and retailers.

Tesla and Bitoin represented totally different things. Tesla is basically a recognition that no matter what the president says, the world is shifting towards renewable and green energy. Look at the price of coal under an anti-green president. Look at the price of oil. The market has already decided this new technology is the future. Ultimately its going to be Mercedes (DAI.Germany), BMW (BMW.Germany), Honda (HMC), Volkswagen (VOW.Germany), and Toyota (TM) are going to be worlds leading electric car producers.

Brown: I find it funny that a huge swath of the industry thinks its more conservative to have held ExxonMobil (XOM) over the last 10 years, [which is essentially] deliberate climate science denialand that actively trying to address climate science [via Tesla], thats the speculative play. As weve learned, Exxon is now a shell of its former self. The idea that it could hang onto oil forever was more speculative than the idea we could build batteries.

Thank you, gentlemen.

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Bitcoins next stop will take it above $25,000 as it extends record rally, MKM Partners analyst says – CNBC

Posted: at 11:48 am

Bitcoin broke through record highs, clearing a major milestone above $20,000 to trade above $22,000 on Thursday.

That's just the latest move after a massive year for bitcoin it has risen 190% as institutional investors warm up to the cryptocurrency trade.

JC O'Hara, chief market technician at MKM Partners, called the record rally at the beginning of November. Now, he sees a breakout that's only in the early innings.

"Two months ago, we saw the initial stages of uptrends forming within bitcoin, and I do believe that we're still in the infancy stages of these new trends developing, so yes, we're at all-time highs for bitcoin, passing $20,000 today, but I think there's plenty of room to run," O'Hara told CNBC's "Trading Nation" on Wednesday.

O'Hara said the technical setup is similar to the beginning of the last multiyear rally in bitcoin, a promising pattern that points to more upside this time, too.

"If you look back at the last time we started new stages of uptrends forming, it was back in 2015. Bitcoin was $200 a coin back then, and it appreciated over 8,000%, got up to the high $19,000s. So we believe that these trends will persist into the future. Now, I think conservatively, we see ... upside to $25,000. I think that's a good aiming point especially based off of what it has done and what it potentially could do here," said O'Hara.

Steve Chiavarone, portfolio manager at Federated Hermes, said bitcoin's success has a far-reaching impact beyond the underlying asset.

"From our perspective, it's really, really exciting. It's not necessarily bitcoin itself, but the blockchain technology that sits underneath. We think that this is going to emerge as a driver of the digital revolution alongside AI and robotics and 5G and advanced biotech, and we think it's going to enable a whole range of transactions, financial and nonfinancial, to be done in a more efficient way, cheaper and more secure," Chiavarone said during the same "Trading Nation" segment.

He envisions applications in industries ranging from "banks to health care to shipping."

"Bitcoin is exciting and being over $20,000, I get that, but the underlying blockchain technology we think is going to have the bigger impact across the investment spectrum over time," said Chiavarone.

Bitcoin has rallied more than 400% since its March lows.

Disclaimer

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Bitcoin just hit $20,000 for the first time ever. Should you invest? – CNBC

Posted: at 11:48 am

Hermione Granger | Moment | Getty Images

Bitcoin has done it again the cryptocurrency topped $20,000 Wednesday to reach its second record in three weeks and its highest level since 2017.

The digital currency has been on a tear this year and is now up more than 180%, driven in part by new institutional support and low interest rates stemming from Covid-19.

Bitcoin believers see it surging even further. Galaxy Digital CEO Michael Novogratz, a longtime cryptocurrency bull, sees bitcoin skyrocketing to as much as $55,000 or $60,000 by the end of next year in a continuation of its epic rally.

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Tyler and Cameron Winklevoss, also early bitcoin investors and co-founders of Gemini, a crypto-exchange, think the currency could someday hit $500,000 as more people use it as a hedge for inflation instead of gold.

But for a majority of investors, financial planners are hesitant to advise putting a large chunk of a portfolio into bitcoin.

"It's critically important to understand the risks associated with it," said certified financial planner Douglas Boneparth, founder and president ofBone Fide Wealth in New York, adding that bitcoin is a highly speculative asset despite encouraging headlines.

"You don't need to look too far back in time to see how volatile it can be," said Boneparth, who is also a member of the CNBC Advisor Council.

Many financial advisors get questions about bitcoin from investors that don't know a lot about the cryptocurrency and have just heard about it in the news.

It can be easy to have FOMO, or fear of missing out, on the latest hot investing trend, according to Roger Ma, CFP and founder of New York-based financial planning firmlifelaidout.

It's best to keep your goals in mind before putting money into a fad investment, which could be something like bitcoin, a commodity like gold or the latest hot stock that's taking off.

That includes understanding your net worth, living expenses and credit score, said Ma. From there, he recommends assessing where you are with other prerequisites to investing do you have an emergency fund, are you paying down debt, contributing to retirement and on track for other financial goals?

Bitcoin produces no earnings, it pays no dividends, it pays no interest, so it's not really an investment in the traditional sense.

David Oransky

founder of Laminar Wealth

"What does your portfolio need to do to be able achieve your short- and long-term goals and for you to be able to lead your rich life?" said Ma. "If your plan relies on your portfolio returning 50% to 100% a year, it might make sense to rejigger your plan to make it a little more feasible."

Also keep in mind that once something is making headlines or breaking records, it could be at the end of its run and be relatively expensive meaning it's not a good time to buy in.

"The problem is that everyone wants to buy when things are at all-time highs," said Anjali Jariwala, a CFP and CPA and founder of Fit Advisors in Torrance, California. "We should have investment decisions driven by things that we can control versus having it driven by emotion or feeling towards certain investments."

To be sure, some people will still want to invest in bitcoin.

Before putting money into bitcoin, it's important to do your research and understand as much as you can about the asset class.

"Bitcoin produces no earnings, it pays no dividends, it pays no interest, so it's not really an investment in the traditional sense," said David Oransky, CFP and founder of Laminar Wealth in St. Louis. "Its value is purely dependent on what someone else is going to pay for it in the future.

We should have investment decisions driven by things that we can control versus having it driven by emotion or feeling towards certain investments

Anjali Jariwala

founder, Fit Advisors

"It's very different than investing in stocks, where you're investing in the future earnings of the company that produces goods and services."

In addition, investors should research how to actually buy into bitcoin and withdraw money, as it's not something they can get through a traditional brokerage account.

"It's still kind of the 'Wild, Wild West' out there and that should scare people that don't know a lot about it," said Oransky.

Once you've done your research and know you want to invest, financial advisors say that bitcoin shouldn't be a major part of your portfolio. Instead, it should be a less than 5% position that's thought of more as play money to be allocated toward fun investing and not tied to a goal such as retirement.

"It helps a person get their fix without disrupting their financial plan and achieving their financial goals," said Ma.

If you do want to have a bit of play money in your investment account, make sure it's an amount you're comfortable with going to zero, said Oransky.

"If you want to buy a lottery ticket and this is the ticket you want to buy, that's fine," he said.

CHECK OUT: I have 9 side hustles and bring in up to $4,000 each month: Here's my best advice viaGrow with Acorns+CNBC.

Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.

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Bitcoin just hit $20,000 for the first time ever. Should you invest? - CNBC

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Daily Archives: December 21, 2020

Bitcoin could see a 25%-30% sell-off in the new year, but it’s still a long-term buy, trader says – CNBC

More than half of UK’s furloughed jobs at risk of automation report – The Guardian

Hitachi Solutions and Allganize Join Forces to Transform Enterprise Automation with AI – PR Web

Global Water Automation and Instrumentation Industry – Yahoo Finance

Manage Increased Loan Volume by Automating Document Collection Processes – ABA Banking Journal

Bitcoin surges past $20,000, erasing 3 years of deep losses – The Associated Press

Cofense Unveils Automated Phishing Detection and Response Capability – Business Wire

Ritholz And Brown Riff On Tesla, Bitcoin, And SPACs – Barron’s

Bitcoins next stop will take it above $25,000 as it extends record rally, MKM Partners analyst says – CNBC

Bitcoin just hit $20,000 for the first time ever. Should you invest? – CNBC

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