Latest Posts

Picking the right trading platform

People who have tried their hand at cryptocurrency trading using the automated trading software are quite rich today. There are many trading platforms available online and each of them differs from each other. You need to consider few things before you choose a trading platform for yourself. Listed below are few of the things you need to look at.

Things to check out

Fund security- First thing you have to find about the crytpocurrency trading platform is about the fund security.  You need to have a guarantee that your fund will be in safe hands if you are planning to invest large amount of money. You don’t end up losing money just because you didn’t do a research. By keeping aside some time to find out about what kind of safe guard a particular system use, you will be able to figure out which one fits your needs. This kind of information will be available on the website of the trading platform. For instance if you log in to the website of bitcoin loophole trading software, all you want to learn about it is available there. It is one of the most trusted software in the industry.  Take time out to read through the information carefully as it is very much essential before you invest the hard-earned money.

Number of cryptocurrencies available- Before you choose the platform, you need to know about the cryptocurrencies dealt by them. Some of the currencies are not traded on most exchanges. Hence take some time out to figure out the options available and then decide on where to invest.  Once you decide on the currency to invest, check if the currency is traded on the particular platform or else you will end up losing money.

Transaction fees- Most of the trading platforms in the cryptocurrency market make their money through transaction fees charges. Every time you conduct a trade, you will be charged a fee. Hence before you choose the platform find out how much fees is charged by them. The fees will always be a nominal amount. Last thing you need is to shell out all your profit by paying the fees.

Complexity of the trading system- If you are a newbie to the industry, then you need to find a trading platform which will be easy to operate upon. You will end up making lot of mistakes if you are not able to operate on the trading system.

 

 

 

Knowing all about bitcoin

Bitcoin, the peer-to-peer virtual currency was launched by Satoshi Nakamoto in 2009.  For 2 years he worked on the code and then it was released it to the public. It is a unique and new financial vehicle which has not been seen by anyone in the world. It does not have any physical existence. It is solely an electronic form.  Since it uses peer-to-peer technology, no central authority or middlemen is  required. You can transfer money to anyone living in any part of the world. Bitcoin completely eliminates the conventional third parties like money transmitters or banks. In order to transfer this digital currency all you need is an internet access and bitcoin address. You just have to be online till the transaction process gets complete. Just like banks, you will be able to receive bitcoins even when you are offline. However, when you wish to ‘collect’ the coin, you need to go back online to do so.

Getting the bitcoin address

To transact with bitcoin, the user should have the bitcoin address. You will be able to get the address either by getting online wallet or by downloading bitcoin client. Once you receive the address, you can right way start trading or transacting using the bitcoin.  If you do not have time to get into online trading of bitcoin, then you can use the help of bitcoin trader robot which will do all the work.  The software can carry out any function from deciding on what and when to buy, executing the decision and make money for you.

Advantage of trading in bitcoin

  • The biggest advantage of trading in bitcoin is the low cost associated with receiving and sending this digital currency. You can transfer this currency free of cost, but it is advisable that you pay a nominal fee to speed up the transaction process.
  • The transactions involved are completely secure and irreversible. As there are no chance of fraudulent charge backs and risk of fraud, the merchants are able to offer the product at good discount which will generate more volume of sales and can pocket the difference.
  • Another advantage associated with bitcoin is that there are no middlemen or card processors. Hence you will save the percentage of money that is taken by them.
  • The transaction can be carried out from anywhere and anytime. If you have an internet connection, you can transfer the currency with just a click.

 

 

More information about crypto wallet

When you decide to trade in digital currencies, the first step you need to take is to choose the wallet type through which you can send or receive digital currencies like ethereum, litecoin, bitcoin, etc. Once the wallet is chosen you can start trading immediately. Below mentioned are different types of wallet present in the cryptocurrency market. There are mainly five wallets exist in the market.

Types of wallet and its advantages

Online or web wallet – Web wallet or online wallets are those wallets that you can access through the web browser. Be cautious when you choose this wallet as the hackers will find a way to get into this wallet.  You will also be susceptible to malware, phishing scams and so on. The benefits associated with this wallet are that it guarantees faster transaction and is best for holding smaller cryptocurrency funds.

Mobile wallet- This wallet can be accessed from anywhere using your mobile device. It is best to send or accept payments when you are on the go. Also it comes with QR code scanning. But ensure that your mobile device’s security software is updated all the time.

Desktop wallet- Desktop wallet is considered more secure when compared to mobile wallet and web wallet and the most user-friendly one.  If you have used the best security software then you need not have to worry about any scams or hackers.  If you do not want to open up a wallet on your own, you can opt for the service of trading software called as crypto VIP club to guide you through the transactions.

Hardware wallet- These wallets are not as user-friendly as the desktop wallets and web wallets but easier to use than the paper wallets. It is also more secure than mobile and web wallets.  Some of these wallets require batteries while some other don’t need. Some of them have screen so that you don’t have to connect it to an insecure computer in order to back up the private keys. They offer better control and best for storing huge amount of digital currencies which you don’t have to move around all the time.

Paper wallet- This is most-hacker proof crypto wallet and it is not stored on a computer. Also the private keys are not sorted on any third party server.  Before the hardware wallet was introduced this was the wallet chosen by everyone for cold storage.

 

 

 

 

Understanding about crypto wallets

The cryptocurrency world has grown considerably from the budding idea to high-volume trading market bonanza. Many traders have shifted from trading in stock market and forex to trade in digital money. If you are a newcomer to the industry and no experience on any type of trading, you can go through the below mentioned pointers to help you to get started. Still you feel it is confusing and not able to keep up with the market changes, you can take the help of ethereum code trading software. This software lends you a helping hand in conducting the transactions and can even arrive at right decisions. You can read about the ethereum code review to know more about it.

Before you begin trading in cryptocurrency, you need to have an understanding of basic few things. They are listed below.

Wallets

The first thing you need to know about is the wallet. They are like bank accounts and different tokens are stored in different wallets. In order to trade in the digital currency, you should have a wallet to store the coins. It is quite easy to get a wallet. All you need to do is to sign up with an exchange that lets you trade, sell or buy the cryptocurrencies. They will allow the trader to generate a wallet. The wallets are like a ‘secured window’ into blockchain wherein you can view the transactions and records.

Sending and receiving tokens                                   

Once you own the wallet, you can send and receive the tokens. Every wallet comes with unique address. There are different wallets for different exchange and each wallet has different address for each exchange. In order to send tokens between the wallets, the users had to first copy the recieiving address and then enter it in the recipient fields when you send.

All the wallets are currency specific. It means that the wallets allow you to send and receive only their token.  You need to be extra careful while sending the tokens as you are not allowed to send coins to another wallet of different coin. If you do so, you will lose the money forever.

Once you start sending and receiving the tokens you can continue to trade in different exchange. You need to keep checking the price trends, market trends and manage your portfolio wisely. It is advisable that you spread your funds into different currencies in order to minimize the risk of putting all in one basket.

Guidelines to gain maximum from the cryptocurrency market

Whether you are a newcomer to the cryptocurrency industry or an expert in the field, there are still many things to learn about the industry and the mistakes to avoid. Unlike other conventional markets, cryptocurrency market faces price volatility most of the time. You need to keep in mind the below mentioned points to be successful in this market.

Mistakes to avoid

The most common mistake everyone makes while trading in cryptocurrency is buying the currency when the coin is already high in its value to a significant amount. There are many people who bought currency at their peak and experienced huge loss in the process.  The extreme price increase is always accompanied with some kind of pullback. If you have done your research study correctly you could have made profit in this time.  If you are not sure about how to do research on your own, you can take the help of bitcoin trader app which will help you to do research and take the wise decision. The user reviews has been good so far for this app and it can be easily accessed by anyone.

Another mistake everyone makes in the market is selling the currency in inappropriate times. You need to be level-headed while you transact with digital currency. Your emotions should not control the decision making.  You need to re-evaluate the position every time before you make a transaction. Extensive study should be done and the decision to buy or sell should be depended on that.  You need to keep asking yourself the following questions:

  • Have the fundamentals of the currency changed?
  • Whether there was any announcements regarding the price?
  • Did you stop believing in coin’s long-term vision?

If the answer is no for everything, you need to hold on to the currency for more time. On the other hand, when you see there are solid gains you can earn if you sell, you will be tempted to sell the currency. In such situation what you need to ideally do is to take out the initial investment and keep the remaining invested. By doing so, you can decrease the downside risk and at the same time you will be exposed to the upside potential.

Last but not the least, the mistake everyone make is being uninformed about the market.  In this market where every day the price changes, you need to be updated with the industry news, economic reforms and so on.

Trading in forex and CFD’s became popular due to the smaller amounts in investment required to start the trade. It is also the most favored form of investment as it provides access to the financial markets worldwide via the internet. More and more retail traders are getting involved in trading forex and CFD’s as it does not have the burden of the ownership attached to it. The increasing popularity of these financial instruments has prompted the invention of many tools to make the trading in forex and other CFD’s more profitable and less risky. Some of these inventions have changed the whole perception of trading investments.

Trading Robots

One of the recent advancements in the investment trading sector is the application of automated systems to perform the trading on behalf of the users. The systems that run on complex algorithms and calculations are programmed to analyze the market trends and place timely trades. These are a set of computer codes which lay down the conditions to execute a particular actions based on the data analysis done by the system. Some systems also use the concepts of artificial intelligence to enable error free and high accuracy trades.  These trades are free from errors due to the emotional factor bothering the trader as the machine does the trading autonomously.

Big data benefits

The financial sector has started benefitting from the benefits of data analysis. It is betted to the next big game changer for many sectors including investment trading. Large volumes of data when stored and analyzed in the right way are sure to offer many new ways of going about a business. It has proven to generate more sales, revenue, customers to the large giants involved in online retail sales. It will soon see many new possibilities in the investment sector as well.

The online trading of investments also carries with it the risk of data theft, security theft and frauds. There are many websites that make unrealistic promises to woo investors to sign up. The potential investors are required to cautious about such fake websites. Top 10 Binary Demo offers good investment advice by listing the best brokers in the financial markets. It also gives the user access to ample educative materials on how to go about the trading process in various financial instruments. Discover more here by reading the various financial articles published on their website. They also display the authentic links to the legit broker  websites.

Binary trading has gathered more pace ever since the US Securities and Exchange Commission approved binary options in 2008. The small time traders jumped to seize the opportunity to engage in this form of trading as it requires relatively lesser capital to start the trading. The advancement in modern technology and the presence of internet everywhere has made trading in these instruments more accessible and cost effective. The brokers facilitate the exchange of these instruments via the internet. The other important feature of binary trading is that it is not limited to a particular geography. People from all over the world can access the markets via the online websites.

Although this form of investment is gaining a lot of popularity due to its simple and not so sophisticated nature, it is not immune to the risks. Risks and rewards are proportionate in any type of investment. The trader should be aware of all the risks the instrument entails before investing in it.  Binary trading is mostly all or nothing when it comes to returns. So the trader should be able to ascertain the level of risk he is ready to take up. A lot of online websites provide exhaustive literature on the dos and don’ts in binary trading. It also offers suggestions and guidance to the prospective traders.

The online websites also educate the users on the threats in the industry and keep them aware of the bogus operators. They also offer a list of top players in the sector coupled with the reviews of their services. This way the traders can choose a safe online trading platform. They also display the testimonials of the actual traders to support their claims. Today information is available to people at their finger tips. These websites also offer extensive access to various educational materials for the benefit of the new investors.

While the internet offers great flexibility of trading from the comfort of home and ease of access to the online financial markets, the threat of cyber security should not be looked down. The online trading platform is also famous (infamous) for the various scams or fraudulent activities. A good and thorough research will reveal the authenticity of the online trading websites. The trader should not be overwhelmed by the tall claims made by some of the websites. Look for legitimate brokers that are registered with a regulatory body or exchange. Read this article profit with Forex and CFD’s trading on the Top 10 Binary demo website to gain more knowledge in the binary trading sector.

 

What are CFD’s?

CFD is the short form for Contract for Differences. It is a type of financial arrangement where the investors can earn from the price fluctuations of an underlying asset. This form of trading only takes into consideration the price movements of the asset and does not consider the actual value of the underlying asset. The contract usually happen between the investor/client and the brokers does not require any type of exchange or forum. Trading in CFD’s has become more popular over the past decade due to its unique feature of not requiring ownership of the asset to gain from its trade.

This form of investment has very low margin as less as 2% and offers higher leverage than other forms of traditional trading. Lower margin requirements mean less capital required to be invested and higher profit earning potential. These contracts have different types of orders as the traditional trading like stop loss orders, limits and some conditional orders like the “if order” or “one cancels the other” orders. Some brokers charge fee for certain types of orders otherwise these options are available to the trader without a large fee or commission. The broker gains from the spread and do not charge commission or fees for their service. The trades is required to pay ask or bid price depending upon whether it is a call or put option. The spread depends upon the volatility of the underlying asset.

These markets have attracted all classes of traders alike due to the minimum capital required to start the trading. Trading accounts can be opened with a minimum of $1000. It also offers a wide variety of trading options. Currently the contract offered includes stocks, indices, treasury securities, currencies and commodities. This diversity helps the traders to chose a mix if different types of CFD to gain more returns.

The disadvantage of this financial arrangement is the lack of regulations or a body to govern the working of these instruments. There are high chances that traders might fall prey to fake brokers. It is recommended that the trader make proper enquiries about the brokers they chose to trade with. Top 10 Binary Demo is a helpful online forum that offers guidance to investors wishing to start off with binary options or forex trading. Pop over to this website to get some of the best recommendations regarding legit brokers in the sector.

 

 

Binary options trading and forex trading are the two most important financial markets in the world

Binary options trading and forex trading are the two most important financial markets in the world. Forex trading is a one of the largest financial markets. These two types of financial markets are quite different but often they are mistaken for each other. This is due to the fact that their profit earning potential depends on the ups and downs in the price movement of assets. However there are both similarities and differences between these two financial markets.

Binary contracts or options are agreements with have defined risks and fixed return.  The binary options trader usually bets on an underlying assets price like stock, commodity or any type of currency.  The bets are wagered upon the price movements of the underlying assets at a given date in future. If his prediction turns out to be true he stands to gain from the contract, if otherwise he gets nothing.

Forex trading involves the buying or selling of currencies with a view to make profits from the fluctuations in the exchange rates.

Both these types of trading market can be accessed through online medium. It allows the traders to do their business via the internet. This medium of trading is becoming quite popular these days. Both these markets allow traders to start with small amounts of investment. Another similarity is that the gains from these two types of trading are speculative in nature. The traders of both types of trading gain from the trade only if their guesses turn out to be right.

Talking about the differences between these two types of trading, the main difference is from the risk and reward perspective. In Binary options trading, there is no variability of risk or the profit earning potential. The traders get a fixed amount if his prediction turns out to be true. Where as in case of forex trading there is higher variability of risk and profits are unknown. Traders not only predict the direction of the currency rate but also they are required to predict the high and low of the asset price.

Binary options trading and forex trading have different timelines. The forex market is a 24 hours market with different close times. Binary options trade operates of specific timelines. Each option will have a start time and end time.

More detailed explanation of forex and CFD trading is available of the Top 10 binary demo website. It recommends the leading brokers in the market and also list out the pros and cons of each recommendation they make.

What’s better for you: Bitcoins or fiat currency?

Most of the people who are wondering why others have started adopted bitcoins are wondering just one simple question- why should we start using bitcoins instead of simple dollars or pounds? Well, here we have an elaborated guide on why bitcoins lead in comparison to dollars today as well as in the future.

To start with,

  • If you use a bitcoin, you have complete control over it as you are not having it depositied in any bank unlike other currencies. When your dollars or pounds are placed in the banks, the organisation uses them according to their rules and needs. Whereas in case of bitcoins, you do not have to let anyone else use your asset without having permission from you. It is high time for us to accept now that there are more options than submitting our money in the banks for them to grow.

 

  • The appreciation happening in Bitcoins is way more than dollars. In addition to this, one of the most exciting facts about bitcoins is that inflation has no impact on it. This deflationary currency is available in the market for a set amount of circulation only. This is the reason the value of each bitcoin increases frequently as there is more purchases.

 

  • The transactions carried out via bitcoins are way more convenient and quick as compared to the ones done through currencies. Transferring just a few hundreds of dollars might need some of your clarification to the bank but sending a bitcoin worth millions of dollars would have no interference of any system whatsoever. You have complete right on it and you are independent to transfer them from one wallet to another according to your choice and needs. Withdrawal of cash from your bank accounts would also be a deal. However, withdrawing your bitcoin or may be travelling with it would be as convenient as anything else.

 

  • Your bitcoin is way more secure as compared to your dollars in the market. Your currency might get exhausted by the bank or during loan-offering programs and ultimately make you wait to gain your own hard earned money from the bank when in need. Whereas in case of bitcoins, all you need to have is a secure online or offline wallet. Maintain the cureity of the wallet you use and also keep backup of your transaction history in an external hard drive in case of emergencies.

 

To know why you must try your luck with bitcoins, discover more here and grab one for yourself as soon as you can before they are all exhausted amongst the buyers.