Is It Feasible To Invest In Bitcoin?

Chances are that you are reading this article after the latest frenzy of Bitcoin value jump that saw it just shy of the $ 20,000 mark. Now you are looking for reasons to invest in this cryptocurrency and the blockchain technology. Here are some of the reasons you should: MORE TO COME The first thing…

Chances are that you are reading this article after the latest frenzy of Bitcoin value jump that saw it just shy of the $ 20,000 mark. Now you are looking for reasons to invest in this cryptocurrency and the blockchain technology. Here are some of the reasons you should:

MORE TO COME

The first thing many people think, when they hear of the current price, is that they are too late and people who are still buying Bitcoin are just jumping the bandwagon. In truth, with years of mining to come and the currency is still in infancy (more like teenage years), the value of it is still to rise and it is a sound investment.

AUTOMATED TECHNOLOGY

Blockchain is not just about cryptocurrency. It is the future of supply chain and fighting counterfeiting. Super smart protocols such a DAO (Decentralized Autonomous Organization) and Smart Contracts are a few things to stem from blockchain that automate workings of an organization and transaction of money.

SECURE

Every day people are robbed and bank heists are done. Bitcoin and Blockchain ensures that the money stored in your digital wallet is at a security level that is extremely safe than the virtual number depicting your cash in your local bank.

SAVING MONEY

Ever had the bad experience where you need to send some money to the other side of the world and the amount of charges for currency conversion, opening Letter of Credits, banking charges etc. made you cringe? Bitcoin does away with all that. Since there is no banking system when it comes to cryptocurrency, there is no intermediate like a bank. You can avoid all these excessive charges by sending money directly to the intended recipient.

TIME IS MONEY

Did we mention you can send the money directly yourself? That saves you the time since you do not have to fill in forms and applications. Just ask for the receiver's public address and click away the required amount.

NO INFLATION

Since Bitcoins are limited in number (only 21 million will ever be produced), the value of this cryptocurrency can not be devaluated as the limited supply but an ever increasing demand means that it is self-floating currency. No inflation translates to an excellent investment.

YOUR OWN

Remember the Greek financial crisis where the city councils were asked to hand over extra cash to the central bank? With normal currency, the central bank is the owner, not you, and can force you to give it back to them. Bitcoin is owned by no one, but yourself for the amount in hand. No one can force it away from you.

It is not too late to invest in Bitcoin and Blockchain, but like any other currency, the future can not be predicted. Study the charts of your preferred bitcoin exchange soundly before committing to an investment.

4 Forex Trading Methods

Forex trading is practiced using a variety of methods. Every trading method will rely on leveraging to make money. This is a process of investing a small amount of capital in an attempt to make a lot of money in return. However, there are plenty of upsides and downsides of employing this tactic, so it…

Forex trading is practiced using a variety of methods. Every trading method will rely on leveraging to make money. This is a process of investing a small amount of capital in an attempt to make a lot of money in return. However, there are plenty of upsides and downsides of employing this tactic, so it benefits to learn about Forex trading and the different trading methods before real money is involved.

Let's take a look at the most popular trading methods:

Day trading

Day trading is the first option which is based on short-term trading. All trades are based on the latest news and using technical indicators to give an alert on the most beneficial trading activity. This type of trading is best reserved for the experienced traders or those with at least a reasonable amount of skill.

Scalping

The next method of Forex trading is referred to as scalping, which is a technique of making a very small gain from a quite sizable trade. The ability to act fast with scalping can be difficult, so the majority of individual traders will rely on a degree of automation. This is typically likely to relate to a software program that is able to stay up to date with the constantly changing mathematical components.

Big picture

Big picture relates to the type of trading that takes place over the longer period of time. The trading period can last for several weeks or longer and the actual trading activity is based on trends in the industry and not acting on small or regular movements in the prices of the currency pairs.

Automated

Forex trading that is fully automated can be operated in several different ways. Most are based on using trading software that has the ability to read special signals and alerts. This type of information is programmed into the software and trades are immediately auctioned when the right conditions are met.

Learn the basics first

One of the most effective ways to learn the different Forex trading methods is to open a demo or practice account with a preferred brokerage. After a period of regular practice, you can review your trading results to see if you are on the right path. However, it is still best to be conservative with your trading balance until you have the skill and experience to invest higher sums. Also, the demo accounts are a great place to learn more about the different automated trading options.

Cryptocurrencies: Real Money or a Fad?

2017 is the year of cryptocurrencies. Bitcoin jumped from a few thousand dollars' worth and broke records by crossing the $ 20,000 mark. Ethereum's Ether is higher than ever. New journals are popping up every day and people are buying them in a frenzy. So, are these codes of programming real money or a fad…

2017 is the year of cryptocurrencies. Bitcoin jumped from a few thousand dollars' worth and broke records by crossing the $ 20,000 mark. Ethereum's Ether is higher than ever. New journals are popping up every day and people are buying them in a frenzy.

So, are these codes of programming real money or a fad that will die in time? Let's review:

SAVING MONEY

Have you ever sent money to someone through banking channels? Different banks have different protocols, but all have one thing in common: They charge you for it. Yes, you may say that your bank gives you a few fee transactions a month, but it puts other restrictions where you are forced to pay for those particular services.

With digital journals such as Bitcoin and Ethereum, you still have to pay to transfer money over to someone, but the transaction “charges” you give to miners are much lower than what traditional banks offer you.

SAVING TIME

Sending cryptocurrency to someone living in any part of the world is as easy as writing an email. All you have to do is to ask for the receiver's address, log in your wallet and send the desired amount. You can then go around doing whatever you do in your daily life and the money will be transferred.

UNIVERSAL CURRENCY

OK, so the title is misleading a bit. There are tons of cryptocurrency out there, so you and the receiver may not have the same currency wallet. If the receiver is flexible (and you have the convincing power), he or she can set up an electronic wallet for your currency in no time.

The most widely accepted currency is Bitcoin and if you have it, you will not face any problem of different currency acceptance.

INVESTMENT

With financial crises everywhere and the inflation rate rising rapidly, you will one day find that all those dollars you saved do not have much buying power in a decade or so. The wise thing is to invest them in something that will not depreciate over time. Enter Cryptocurrencies! Mostly because of the way these treaties are programmed, they will be very limited in circulation, unlike paper based currency where you can just print off more.

A simple case of supply and demand will always ensure that cryptocurrency will have an ever increasing value.

So, there you have it: Cryptocurrencies are not a fad in my opinion. All you have to do is know which one to buy.

Reasons Why Bitcoin Price Is So Volatile

Price variances in the Bitcoin spot price on the Bitcoin trading exchanges is driven by many reasons. Volatility is assessed in classic markets by the Volatility Index, also called the CBOE Volatility Index (VIX). Volatility in Bitcoin does not yet possess a fully accepted index since cryptocurrency as a real asset class is still in…

Price variances in the Bitcoin spot price on the Bitcoin trading exchanges is driven by many reasons. Volatility is assessed in classic markets by the Volatility Index, also called the CBOE Volatility Index (VIX). Volatility in Bitcoin does not yet possess a fully accepted index since cryptocurrency as a real asset class is still in its beginning stages, but we do understand that Bitcoin is able of volatility in the form of 10x adjustments in price compared to the US dollar, in a fairly short period of time. In this article are just a handful of the various factors in the back of Bitcoin's volatility:

1. Rate of ownership is affected by negative press.

News situations that frighten Bitcoin users coordinator of geopolitical accidents and statements by government authorities that Bitcoin is most likely to be controlled. Bitcoin's first adopters covered many mal actors, generating headline news stories that created worst fears in investors. Headline producing Bitcoin news involves the bankruptcy of Mt. Gox in early 2014 and even more slowly that of the South Korean market exchange Yapian Youbit, and others like the high profile employ of Bitcoin in drug deals via Silk Road that finished with the FBI shutdown of the market place in October 2013. All these occurrences and the general public panic that ensued forced the value of Bitcoins compared to fiat contracts down quickly. Neverheless, Bitcoin polite investors viewed all those events as proof that the marketplace was growing, generating the value of Bitcoins vs the US dollar substantively back up in the brief period immediately following the information events.

2. Bitcoin's recognized worth changes.

One cause why Bitcoin might change against fiat stock markets is the recognized store of value vs the fiat money. Bitcoin has elements that make it comparable to gold. It is governed by a design resolution by the developers of the core technology to max capacity its creation to a fixed amount, 21 million BTC. Since that varies substantively from fiat currency exchange, which is handled by government authorities who want to maintain low inflation, high employment, and acceptable growth through investment in capital assets, as economies developed with fiat values ​​show signals of power or weaknesses, traders may designate more or less of their assets right into Bitcoin.

3. Too much deviation in awareness of Bitcoin's store of worth and technique of value.

Bitcoin unpredictability is also driven in huge part by varying perceptions of the implicit value of the cryptocurrency as a save of value and technique of value transfer. A store of value is the action by that an asset can easily be beneficial in the future by way of some predictability. A store of value can easily be kept and changed for some great or service in the future. A technique of value transfer is any kind of thing or principle used to transfer property in the type of assets from one entity to another. Bitcoin's unpredictability at the present creates it a somewhat ambiguous store of value, but it guarantees almost frictionless value transfer. As these two drivers of the recent spot value of Bitcoin differ from the US dollar and other fiat foreign currencies, we see that Bitcoin's worth can move based on news events very much as we notice with fiat stock markets.

4. Small choice value to huge owners of the currency.

Bitcoin unpredictability is also to a degree driven by holders of huge ratios of the total remarkable float of the currency. For Bitcoin traders with recent holdings above about $ 10M, it is not obvious how they would overrun a position that huge into a fiat position with out significantly moving the marketplace. Since Bitcoin's quantity is similar to a small cap stock, the currency has not strike the mass market ownership prices that might be required to offer option value to huge owners of the cryptocurrency.

Safe Trading Tips For New Traders Online

Like all traders, if you want to experience safe and hassle-free trading online, we suggest that you ask around for safe trading tips. Below are a few safety tips from expert traders that may help you be on the safe side. Phishing When sending an email, do not include your personal data, such as passwords.…

Like all traders, if you want to experience safe and hassle-free trading online, we suggest that you ask around for safe trading tips. Below are a few safety tips from expert traders that may help you be on the safe side.

Phishing

When sending an email, do not include your personal data, such as passwords. The same goes when you are talking to someone over the phone. No online trader will ask you for your password, as there is no such requirement.

But if someone requests this type of confidential information, know that they are scammers, and they are trying to trap you through a phishing attack. Just close the web page or email to stay safe.

Check Ratings

Before you choose a trading website, be sure to read their ratings online. Other users' experience will help you make an informed decision and you will be able to choose the best platform at the same time.

Sellers Beware

If you are a seller and going to deal with an overseas buyer, you should be extra careful. Some scammers insist on paying using credit cards and most of the credit cards are stolen.

You need to be even more careful when the person you are trading with is new or has zero ratings.

Buyers Beware

As a buyer, you need to be more careful, especially when you are going to finalize a transaction. At this stage, you will be required to send or deposit money so that the seller could receive it. What you need to do is stay away from deals that sound too good to be true.

The Importance of Rating

If you are a new trader and do not know the importance of the rating system, know that this system allows you to get a pretty good idea of ​​the type of person you are going to deal with.

So, we suggest that you also be part of the system by leaving feedback and rating for the trader you worked with. This will help other traders and they will be able to find the right person to do business with, and this will improve the overall system.

Educate Yourself

If you want to stay safe online as a trader, educate yourself. What you need to do is read up on the product and shop around. Google is your friend, so you may want to use it to check pricing, availability, prices and so on.

Comparing prices and features is important for online traders. Therefore, we suggest that you go online and check the features, functions and other things of the product you want to trade.

By reading online, you can get a pretty good idea of ​​what you need to look for and stay safe from when trading online.

Ask questions

If you find a good seller, do not be shy and ask as many questions as you want about the item or listing that you are interested in. Good traders will be more than happy to listen to your questions and give answers until you are satisfied.

So, if you want to trade online, make sure you remember the tips give above.

Should I Use My Own Charts or a Forex Expert Advisor?

Even though most experienced trader use charts and their own developed strategies, the question remains to all other traders: Will a Forex Expert Advisor help me with succeed as a trader? As explain below, the answer lies somewhere in the middle.

Even though most experienced trader use charts and their own developed strategies, the question remains to all other traders: Will a Forex Expert Advisor help me with succeed as a trader? As explain below, the answer lies somewhere in the middle.

How to Use Leading and Lagging Indicators to Drive Your Profits

Forex trading signals use raw market to identify where the entry and exit points of a trade are located. These signals are used in both, fundamental and technical analysis. Fundamental analysis economic news that have a direct impact on the exchange rate for a specific currency. The news for fundamental analysis can be obtained by…

Forex trading signals use raw market to identify where the entry and exit points of a trade are located. These signals are used in both, fundamental and technical analysis.

Fundamental analysis economic news that have a direct impact on the exchange rate for a specific currency. The news for fundamental analysis can be obtained by various government reports or by using a Forex economic news feed that keeps up with the economic news worldwide.

Technical analysis, however, uses current and historical data to forecast predictable trends to assist a Forex trader on whether to enter a trade or not. Traders us different types of charts such as line charts, bar charts and candlesticks charts to determine whether to enter a trade. The signals generated by these charts can be summarized in two categories: leading indicator or lagging indicators.

Leading indicators are the most common signals used by Forex traders. In essence, a leading indicator tries to predict trend changes before these changes actually occur. By having an indicator that forecasts market movement, in an uptrend forecast, a trader can enter a trade by getting a currency at the low point the signal indications and sell at the high point when the indicator indicates a reversal of trend. Conversely, the same is true when the indicator shows the start of a downtrend, the trader sells high in hope that the price will drop allowing him to buy at a lower price. Some of the most common leading indicators used today are oscillators like the Parabolic SAR which helps identify whether a trend is bullish or bearish. Other indicators like RSI and Stochastics are used by traders to determine whether a currency is oversold or overbought. When one of these indicator show that a currency is overbought, you should be selling. The opposite is true if the indicators show that a currency is oversold, the logical conclusion is that the price of the currency is about to reverse itself and you should be buying.

Lagging indicators are the total opposite of leading indicators. Lagging indicators produce signals to indicate a change in a trend after the change occurred. Why use a lagging indicator if you already missed the trade? The lagging indicator should work as wake up call that the trend changed and to be alert for a reversal. This is particularly useful when you are starting to trade because lagging indicators never give out wrong signals. They only show signals after the change of trend occurred and it can help you tune your skills by helping you determine where you missed the leading indicator signal which would have happened prior to the lagging indicator. An example of lagging indicators are momentum indicators.

Leading and lagging indicators provide signals to assist a trader on whether to enter or exit a trade, however, these two indicator types may provide conflicting signs at times. By using several indicators you increase your probability of succeeding in a trade. However, if you do not feel comfortable reading charts, there are many products in the market today that provide signals that have been tested and proven to be successful and you should consider getting one of these products as you fine tune your chart skills.

How to Use the Relative Strength Index to Make You a Better Trader

Every experienced Forex trader should know the four Relative Strength Index (RSI) trends in a currency cycle. The four cycles are: the positive and negative phases of divergence and reversal. These 4 RSI cycles have a direct correlation with determining the trend of a currency. In the Positive divergence cycle, the price of the currency…

Every experienced Forex trader should know the four Relative Strength Index (RSI) trends in a currency cycle. The four cycles are: the positive and negative phases of divergence and reversal. These 4 RSI cycles have a direct correlation with determining the trend of a currency.

In the Positive divergence cycle, the price of the currency moves upwards and is considered to be bullish. This upwards movement helps the currency gain momentum. With momentum comes an increase in volume helping the currency price to keep climbing. As you identify this upward trend, you should enter the trade by purchasing the currency and keeping it until it hits its peak. Once the currency hits the peak of uptrend, a negative reversal starts to develop.

A negative reversal starts when the positive divergence loses momentum. Even if the price continues to increase, you will see a slow-down of momentum and a decrease in volume. When both momentum and volume decrease, that is signal that a negative reversal is developing. The negative reversal starts once the price stops moving upwards and starts to fall. At this point the price hit the highest and you should close your open trades to pocket your profits. Of course, at this point you will see this cycle turn into a negative divergence.

A negative divergence happens when the sentiment of the market turns from bullish to bearish and the price goes on a downfall or down trend. Many traders like to try to make profit in both movements by selling or shorting the currency here. However, a more advisable strategy is to sit and wait until the price hits rock bottom and a positive reversal starts to develop.

A positive reversal may be the most profitable position in your chart. At this point, the currency price hit rock bottom and it is starting a reversal and moving upwards again. Once you identify a positive reversal, you should buy the currency again. This cycle points the cheapest price of a currency and, in the long run, will yield you the most profits by following these simple steps.

As you can see, divergence and reversal cycles are an integral part of a currency behavior. By mastering the 4 RSI cycles, you could make great profits. Every trader should have a “go to” strategy when everything else seems to fail. This simple strategy may be that “go to” strategy and should be integrated to your trading toolbox.

What To Look For When Choosing A Bitcoin Trading Bot

Cryptocurrency market has become very popular and every trader is looking to make it big with bitcoin trading. It is however a very volatile market that can be hard to keep up with, especially considering that this is a market that never sleeps unlike the stock market. To make things easier for traders, trading bots…

Cryptocurrency market has become very popular and every trader is looking to make it big with bitcoin trading. It is however a very volatile market that can be hard to keep up with, especially considering that this is a market that never sleeps unlike the stock market. To make things easier for traders, trading bots have been developed. A trading bot can be defined as software program which is designed to interact with financial derivatives directly so relevant information is obtained and interpreted so orders can be bought and sold on the traders' behalf.

In essence, the bots make decision through market price movement monitoring and use of pre-programmed rules so that losses can be stopped. The bot analyzes market actions like price, volume and orders according to your preferences and tastes as a trader and makes the decision. If you are into bitcoin trading, then you may want to choose the best bitcoin trading bot to ease out the process for you. But with so many bots now available, how do you know which one is best?

Customization and ease of use

The interface of a good trading bot should be easy to use by any kind of trader including those who know nothing about coding. All information necessary should be easy to find and the gains clearly shown together with all aspects of the trading that matter including buy orders and current sell. All you should be required to do is enter your pairs and numbers and then start your trading with a click of a button. Apart from being straightforward even for first time users, a customizable trading bot is even better. With this function, you will be in a position to change how the skin looks so you can have a program that you are happy to use every time.

Operating system compatibility

Not all bots are designed the same and not all traders will use the same operating systems. For this reason, you want to get a platform that functions on all the operating systems. With this kind of bot on your side, you can access your trades from Linux, Mac or Windows depending on the device you are using. With your orders and settings on a USB, you will only need to plug into any computer to continue trading with the operating system notwithstanding. A standardone bot that requires no installation and is compatible with all systems will prove very convenient in the end.

Support for pairs, coins and exchange

Apart from bitcoin, you could be a trader interested in other pairs, exports and coins. It can there before be more helpful to find a trader bot that can accommodate different coins offered by major exchanges. A full stacked crypto bot will work great for a spontaneous kind of trader.

Other bot features that could prove to be helpful are notifications and reporting, real time and historical back testing among others. Find out what the trader bot can do and select accordingly.

Forex Trading – Top Tips to Consider

Forex trading is nothing but trading in currencies of different countries ie, Exchange of one country currency for another country currency. Now, you might think who decides the rate at which the treaties can be changed? The answer is so simple; there are certain economic factors such as, the purchasing power of the currency in…

Forex trading is nothing but trading in currencies of different countries ie, Exchange of one country currency for another country currency. Now, you might think who decides the rate at which the treaties can be changed? The answer is so simple; there are certain economic factors such as, the purchasing power of the currency in respect countries, inflation and many other geopolitical aspects that influence currency exchange rate. All these factors that are micro and macro in nature affect a country's currency value and also exchange value.

Next comes, why do we trade Forex or why do we exchange? As the world is progressing rapidly, the volume of transactions between the countries also getting multiplied exponentially that makes it necessary for each and every country on the map to indulge in a foreign exchange transaction. Not only for business dealings, people who are traveling abroad also increasing rapidly in these days. And those who are traveling would require foreign exchange. Every country has a mechanism through which they buy and sell currency of different countries so, that countries can provide for their respective citizen's Forex requirements. As you know what and why of Forex transactions, now the next question should be how to trade in Forex?

How to do Forex Trading: It's as simple as buying some article in your own country with your domestic currency. The only difference between these two transactions is that the former is limited to national boundaries while the later is executed at international level. Besides, national and international differences Forex trading occurs in pairs ie, you buy and sell a pair of contracts simultaneously. The exchange rate between currencies is nothing but the rate at which one currency can be bought or sold at another country's currency.

Tips to trade in Forex: For a beginner or an experienced trader trading in foreign exchange is both a science as well as an art. There are certain fundamentals needed to be applied to avoid risks while it is an art as there are certain techniques you need to apply as per time of trading. Let's look at few tips that can be used or applied in both cases,

• Assess risk tolerance: Assess your risk appetite, capital allocations for Forex trading right from the beginning.
• Set a goal: Set your financial goals before in hand and the goals should be compatible with your risk appetite.
• Pick an advisor: An experienced broker or advisor is always handy in case you are a beginner.