What You Have To Know About Investing In Currency Trading

Start out your Forex trading with a mini account. You can limit the amount of your losses, but still gain experience through practice. Although a mini account may not seem as exciting as an account which allows for larger lot trades, it enables you to experiment with various techniques. Practicing this way, and with minimum…

Start out your Forex trading with a mini account. You can limit the amount of your losses, but still gain experience through practice. Although a mini account may not seem as exciting as an account which allows for larger lot trades, it enables you to experiment with various techniques. Practicing this way, and with minimum risk, will help you to analyze what does and does not work for you as you develop your personal trading style.

One tip to working in the trading market is to take notes on everything you do. Write down exactly what you have done with your trades, and if you made or lost money. You can then look over your notes from time to time and see exactly what you did right, and learn from what you did wrong.

A safe Forex investment is the Canadian dollar. It is often difficult to follow the news of another country. This can make Forex hard sometimes. The US and Canadian dollars usually follow similar trends, making them both good investment choices. S. dollar, which is a sound investment.

To reduce risks, you should carefully time your entry on a market, as well as your exit. You should make sure you can afford to invest the money. Do some research to find out what the market is like, and make an informed decision about when to invest and how much you can risk.

So, you have decided to dabble in Forex. You will learn that there are many different techniques and trades that you will need to know. Forex is extremely competitive which can lead you to view finding accurate and successful strategies online regarding how to trade as an impossible task. The advice in this article will help you to figure it all out.

Learning Forex trading takes work, but beware of “help” that comes from the wrong places. Some new traders go on trading forums and ask for more experienced traders to tell them when they should trade. This does not teach you anything about trading, since someone else is making all the decisions for you, and of course there is no guarantee they know their stuff. Read information on trading strategies and work on designing your own trading methods and strategies.

If you are new to Forex, begin by focusing on a single currency pair then expand as your skills improve. When you first enter the world of currency trading, professional traders suggest that the best way to practice and tone your trading skills is to trade only the Forex liquid and broadly traded currency pairs, at first.

If you want a great investment, think about the British pound. The UK has a different currency from the rest of the European Union, which means that the pound is not affected by what is going on in Europe. The pound has proven to be a safe and profitable investment over the years.

Watch out for the political factors in your Forex Analysis . You can rather easily predict the financial situation of a country over the long term, but the political world is unpredictable. If you believe there is a strong risk of political unrest in a country, do not trade in this currency.

Make sure you choose a time to trade that works for you. Trading when you are overly tired or stressed is never a good idea. You will not want to take the time to make sure you are doing the best thing with your money. Choose a time when you have the energy and concentration that you need to succeed.

In the world of Forex, there are many techniques that you have at your disposal to make better trades. The world of Forex has a little something for everyone, but what works for one person may not for another. Hopefully, these tips have given you a starting point for your own strategy.

If you are on a streak and have a great percentage of profitable trades over a short period of time, do not think that things will slow down. Generally, when the market is good, you will have to take advantage of it, as you should continue to invest to capitalize on your opportunities.

A lot of people are trying their hands at foreign exchange currency, also known as Forex trading. There is a vast potential to make a lot of money, but you need to know the right information. Use the great tips in this article for information on learning to trade Forex.

Begin as a Forex trader by setting attainable goals and sticking with those goals. If you decide to start investing in Forex, set a goal for yourself as well as a timetable for achieving that goal. Leave some wiggle room when you are new at Forex trading. Also, decide on the amount of time that you are able to owe to trading and conducting research.

How to Trade Cryptocurrencies – The Basics of Investing in Digital Currencies

Whether it's the idea of ​​cryptocurrency itself or diversification of their portfolio, people from all walks of life are investing in digital currencies. If you're new to the concept and wondering what's going on, here are some basic concepts and considerations for investment in cryptocurrencies. What cryptocurrencies are available and how do I buy them?…

Whether it's the idea of ​​cryptocurrency itself or diversification of their portfolio, people from all walks of life are investing in digital currencies. If you're new to the concept and wondering what's going on, here are some basic concepts and considerations for investment in cryptocurrencies.

What cryptocurrencies are available and how do I buy them?

With a market cap of about $ 278 billion, Bitcoin is the most established cryptocurrency. Ethereum is second with a market cap of over $ 74 billion. Below these two treaties, there are a number of other options as well, including Ripple ($ 28B), Litecoin ($ 17B), and MIOTA ($ 13B).

Being first to market, there are a lot of exchanges for Bitcoin trade all over the world. BitStamp and Coinbase are two well-known US-based derivatives. Bitcoin.de is an established European exchange. If you are interested in trading other digital courses along with Bitcoin, then a crypto marketplace is where you will find all the digital currencies in one place. Here is a list of changes according to their 24-hour trade volume.

What options do I have to store my money?

Another important consideration is storage of the coins. One option, of course, is to store it on the exchange where you buy them. However, you will have to be careful in selecting the exchange. The popularity of digital treaties has rejected in many new, unknown exchanges popping up everywhere. Take the time to do your due diligence so you can avoid the scammers.

Another option you have with cryptocurrencies is that you can store them yourself. One of the safest options for storing your investment is hardware wallets. Companies like Ledger allow you store Bitcoins and several other digital conventions as well.

What's the market like and how can I learn more about it?

The cryptocurrency market fluctuates a lot. The volatile nature of the market makes it more suited for a long-term play.

There are many established news sites that report on digital treaties, including Coindesk, Business Insider, Coin Telegraph, and Cryptocoin News. Beside these sites, there are also many Twitter accounts that tweet about digital treaties, including @BitcoinRTs and @AltCoinCalendar.

Digital currencies aim to disrupt the traditional currency and commodity market. While these treaties still have a long way to go, the success of Bitcoins and Ethereum has proven that there is genuine interest in the concept. Understanding the basics of cryptocurrency investment will help you start in the right way.

How to Avoid Losing Money in Forex Trading

If you have been struggling to make profit from Forex trading, we suggest that follow the tips given below. These tips will help you avoid losing money. Read on to know more. 1. Acquire Knowledge Just because you have gotten started easily does not mean you do not need to take your time to do…

If you have been struggling to make profit from Forex trading, we suggest that follow the tips given below. These tips will help you avoid losing money. Read on to know more.

1. Acquire Knowledge

Just because you have gotten started easily does not mean you do not need to take your time to do some research. For success in trading online, you have to do your best to learn as much as possible.

What you need to do is acquire as much knowledge as possible regarding the Forex market. For instance, you should know about economic and geopolitical factors that may have an effect on your selected pair of currency. Make sure you have due diligence. Aside from this, you should be ready to deal with the changes that may happen.

2. Look for the right broker

In Forex trading, people often choose a not-so-popular broker. The repute of a broker is very important for success in this type of business. Ideally, you may want to choose a professional who is part of the National Futures Association (NFA). It's even better to for a better qualified one.

Before you hire one, make sure you know about the account offerings, withdrawal policies, spreads, responsibilities and other things.

3. Use practice accounts

No matter which platform you choose, you can try demo or practice accounts for free. While using a demo account, you can place theoretical bids. This will help you become familiar with the entry techniques.

Your trading account may get damaged if you make some terrible mistakes. For instance, you should not push the wrong butting during the opening or closing of a position. Aside, a major loss can occur if you commit multiple errors in order entry. Apart from the financial losses, you may suffer from intense stress.

4. Understand tax matters

It's very important you know the tax matters. Moreover, you may want to understand the implications as well as the treatment of activities in the world of Forex Trading. This will help you a lot when you are going to pay tax down the road.

It's better if you talk to a good tax specialist or accountant. The professional will help you avoid surprises when it's time to pay tax. Moreover, you will be able to take advantage of tax laws as well. The problem is that the laws related to tax keep on changing. Therefore, we suggest that you develop a good relationship with a good broker or other specialist.

5. Use reasonable leverage

Leverage is what benefits you in Forex trading. If you earn high leverage, you can earn a lot of profit even if the amount you invested was small. In the same way, it can turn around to make you bear huge losses. So, it's a good idea to avoid using unreasonable leverage.

So, if you are going to get started as a Forex trader, we suggest that you take each step after understating all the things. This way you can avoid losses and make profits. Hope this helps.

Is Online Forex Trading Profitable?

If you have been thinking of online trading, Forex trading can be a good choice. But the million dollar question is, is Forex trading profitable? Since most people dive into this pool without getting prepared, they lose money. But if you have the right tools and strategy, you can make good money. In fact, you…

If you have been thinking of online trading, Forex trading can be a good choice. But the million dollar question is, is Forex trading profitable? Since most people dive into this pool without getting prepared, they lose money. But if you have the right tools and strategy, you can make good money. In fact, you can make a lot more than what you can imagine. Like any type of investment, trading online has its own risks and benefits. Let's know if this trading is profitable and how you can earn profit as a trader.

Is Forex trading for you?

Without any doubt, Foreign Exchange is a high-risk market. But at the same profit, it offers high profit. However, you can earn these profits only if you have the courage to take risk. It's important to keep in mind that not all of your trades can give you profit. In fact, some of them may even result in a loss. So, you should be ready to suffer the loss as well. If you are ready to take the risks, one of your obstacles is gone.

Invest wisely

First of all, you need to get a better understanding of how the primary things in this market work. If you are not comfortable with something, you should first know about it. In other words, once you have the feeling you have it what it takes to be successful in Forex trading, you should go for it. However, you should invest wisely, which means you should invest an amount of money that you can afford to lose. In case of a loss, your living standards should not be affected.

Have a trading strategy

You have to have a definite strategy in order to earn profit. Here it's important to bear in mind that there is no right or wrong way of doing your trade business. It boils down to your personal taste. You should stick to a method that works for you. At times, one strategy that works for a certain pair may not work for another pair. You have to have another strategy to be successful.

The thing is that trading Forex requires strict discipline and a powerful strategy that may help you focus and prevent emotional trading. Most traders lose money when they get emotional. With experience, you will be able to have the right strategy.

How to make profit

You have to understand the primary principles for making profit. Moreover, you need to know how to manage risk and trade psychologically. If you follow these principals, your chances of making a profit will rise. So, it does help to learn.

If you are not familiar with the basics, earning profits may be really hard for you. Below are the basics that you should focus on.

Stop-loss

This trading parameter allows you to determine the closing price of a trade. Once it's the time, the trade will close automatically. In layman's terms, as soon as you the stop-loss is placed, you will not lose any money beyond your expectation.

Set your emotions aside

Being emotional while trading is a route to loss. So, you may want to set your emotions aside and only investment an amount that you can afford to lose.

Stay tuned

You may want to keep getting updates on the current issues in the markets. This will help you establish a powerful strategy so you can avoid losses and make profits.

In short, Forex Trading is profitable provided you have the right information, strategy and tools.

How To Hire An Investment Advisor

If you are on this page, chances are that you have saved enough money for making an investment. But at the same time, you may be wondering whether you should hire an investment advisor. What you need to do is use your head. As a matter of fact, hiring a advisor will cost money and…

If you are on this page, chances are that you have saved enough money for making an investment. But at the same time, you may be wondering whether you should hire an investment advisor. What you need to do is use your head. As a matter of fact, hiring a advisor will cost money and you should take this decision after a lot of careful thinking. So, it's important to take your time and then make a decision. Given below are a few tips to help you hire the best professional so you can make the best decision possible. Read to know more.

1. Do you need one?

This is the most common question on the minds of most people who are looking for investment advice. You may not need one if you are not going to invest a large sum. If your portfolio is not big (let's say it is below $ 100,000), we suggest that you save a bit more. After all, if you are not going to spend a big sum, why are both spending a hefty sum on an advisor? It does not make sense at all, does it? What you need to do is calculate the value that you may borrow from the consultation cost. If it is worth the cost, you should go for it.

2. Investment complexity

As far as complexity goes, people like it in their busy investment life. What happens is that they own a lot of assets, such as stocks, bonds, shares and currency pairs. Beside, they have a 9 to 5 job that keeps them super busy throughout the day. Some people may have invested in real estate as well. So, if you this kind of person, it's a good idea to hire a professional so you can reach your goals more easily.

3. Goals

You may not have unclear goals for your investment. What do you want to be? Do you just want to retire? Or do you want to be more comfortable? You should be clear about your terms. For instance, you can I want to retire at 60 and then I will make it a routine to travel at least once a year, meet my day-to-day expenses and leave something behind for my kids. So, this is a clear goal. So, if your goals are not clear, a good investment advisor may help you set clear goals.

4. Advice costs

This is really important. However, an important piece of advice that you may want to keep in mind is that service costs should not be confused with results. As a matter of fact, if you go for an expensive advisor, this decision may go against your interests. You may end up paying too much if you do not know how much is reasonable. So, this should be kept in mind.

5. Making decisions

Make sure your advisor is there to help you when you are going to make an important investment decision. The professional should respond to you as soon as possible. If they do not return your calls or reply your messages, they are no good. So, make sure you hire an advisor who will be available when needed.

Hopefully, with these 5 tips mind, you can hire the best investment advisor.

7 Benefits of Online Trading

Online trading is defined as the act of buying and selling different types of financial products on a trading platform that works via the Internet. Some good examples of the financial products include futures, currencies, options, bonds and stocks, just to name a few. Typically, these platforms are managed and operated by online brokers. Everyone…

Online trading is defined as the act of buying and selling different types of financial products on a trading platform that works via the Internet. Some good examples of the financial products include futures, currencies, options, bonds and stocks, just to name a few. Typically, these platforms are managed and operated by online brokers. Everyone who wants to make money from this type of trading can benefit from the services of these online traders. Given below are a few promising benefits of trading online. Read on.

Convenience

As far as trading online is concerned, you need to open an account online to get started. You do not have to choose a certain time or place to get started and keep going. All you need to get is a good internet connection and some money. So, buying and selling financial products online is quite convenient. Aside from this, it also saves a lot of time.

Cost

Online trading is cheap. You pay lower broker fee than what you pay in case of traditional trading. So, if you deal in a large volume of stocks, you can negotiate the fee further.

Monitoring

With online trading, you can buy and sell shares based on your level of convenience. You can use advanced interfaces in order to monitor your performance throughout the day. To performance a transaction and check your performance, all you have to do is use your computer and mobile phone.

No middleman

Also, you are not bound to have a middlemen when trading online. Aside from cutting the overall cost, this method is hassle free as well as a lot more lucrative.

Greater control

If you choose to trade online, you can trade whenever you want to. However, in case of the traditional method, you can not do anything until you get in touch with your broker. But the latest approach allows you to perform your transactions almost instantly. Aside from this, you can review your options instead of relying on the professional for the best bets. You can keep an eye on your investment without any interference from outside. So, you have almost total control over your investment.

Faster Transactions

Banking online is a lot faster and efficient. You can transfer funds from one account to another with a few clicks of your mouse, especially if the accounts are in the same bank.

Better understanding

Like the traditional stock trading, it's possible predict the market behavior for a stock in case of online trading. You handle your finances and it is you who is responsible for them. With the passage of time, you get more experience and better understanding of the market and investment opportunities. And this knowledge is useful for success. So, what happens is that you earn a lot of money and learn to get a lot smarter as far as finance is concerned.

Long story short, these are some major benefits that you can enjoy if you are going to get started as an online trader. Hopefully, you will have a great time as a trader.

SNO Coins

Bitcoins are the most secure and original crypto-currency in the market. Even though people were afraid and worried about investing in these coins, conversely, those risk takers who invested in them back in 2009 when they were launched are now multi-millionaires. For now, you can not invest in Bitcoins as they are not easily available…

Bitcoins are the most secure and original crypto-currency in the market. Even though people were afraid and worried about investing in these coins, conversely, those risk takers who invested in them back in 2009 when they were launched are now multi-millionaires. For now, you can not invest in Bitcoins as they are not easily available and are quite expensive. However, if you are willing to invest in this new currency, Milan Roxe has the solution for you. Milan Roxe came up with SNO Coins, which are also a new online currency, however, you can easily invest in them as they are quite new yet, trusted by millions.

About SNO Coins

Milan Roxe came up with SNO coins back in 2015 and are proud to announce that they are the pioneers in India to introduce Bitcoins. Even after the success of bitcoins, people still are afraid to invest in this currency. This is because these Bitcoins requires significant investment and because people are unaware of benefits and profits associated with these SNO Coins.

What SNO Bitcoin Offers

Milan Sharma, Owner, and CEO of Milan Roxe and partner at River gate are well aware of the needs of customers in India. He is well aware that customers require awareness and easy access to the SNO Coins. He even stated that his team is working efficiently to make this revolutionary business model quite simple and easy to use by billions of Indians. The team at SNO Coins is aware of the learning curve associated with buying and using SNO Coins for the new customers. Here, the team at Milan Roxe came up with following strategies to enlighten the Indian and international market:

App development

The SNO Coins can easily be accessed and bought from their websites; however, to ensure making the coins more accessible, the company came up with an application for customers to use on the go. This allows customers to buy, sell and make purchases using SNO Coins from their handheld devices such as iPhones, iPads, and other cell phones.

In-App Features

In order to ensure that customers are always satisfied with the services provided by Milan Roxe, they have added several features to the application. These features allow you to play games and even watch live sports. This allows you to spend leisure time on your devices while you are waiting for your Bitcoins to transfer.

Privacy and Confidentiality

Unlike other organizations such as Paytm, PayPal, and Skrill, SNO Bitcoins does not share private information of clients with third-party vendors. If you were unaware of this fact, then remember those pop-ups and advertisements which you have to bear while using those applications. In addition, there is no government or other regulatory bodies overlooking your activities on SNO Coins. You can use this application without any hindrance or tax policies.

Free from irregularities

As there is no government or organizational interventions on this application, who opt to manipulate their currency and economy, there are no irregularities in the value of SNO Bitcoins. The managing team at SNO Coins are quite transparent in terms of their work ethics and business and have an open door for any auditors.

Payment and Digital Wallet

The SNO Coin application can be used to make international and local purchases and hence works as a digital wallet on your devices. You are paid on the 15th of every month, allowing customers to re-invest these Bitcoins or make more purchases. Additionally, you are also eligible to receive free Bitcoins on the time you spend on using these Coins.

Conclusion

The benefits associated with dealing with SNO Coins are unimaginable. Few of these are presented in this article demonstrate to you the tax-free benefits you can reap by investing in this technology. In addition, without government intervention, you do not need to worry that the rates may fluctuate overnight and you end up losing your investments. Unlike freezing money in a bank account or investing in shares, you can simply buy these Coins and wait for it to reap.

The Basics of Cryptocurrency and the Way It Works

In the times that we're living in, technology has made unbelievable advancement as compared to any time in the past. This evolution has redefined the life of man on almost every aspect. In fact, this evolution is an ongoing process and thus, human life on earth is improving constantly day in and day out. One…

In the times that we're living in, technology has made unbelievable advancement as compared to any time in the past. This evolution has redefined the life of man on almost every aspect. In fact, this evolution is an ongoing process and thus, human life on earth is improving constantly day in and day out. One of the latest inclusions in this aspect is cryptocurrency.

Cryptocurrency is nothing but digital currency, which has been designed to impersonate security and anonymity in online monetary transactions. It uses cryptographic encryption to both generate currency and verify transactions. The new coins are created by a process called mining, whereas the transactions are recorded in a public ledger, which is called the Transaction Block Chain.

Little backtrack

Evolution of cryptocurrency is primarily attributed to the virtual world of the web and involves the procedure of transforming legitimate information into a code, which is almost uncrackable. Thus, it becomes easier to track purchases and transfers involving the currency. Cryptography, since its introduction in the WWII to secure communication, has evolved in this digital age, blending with mathematical theories and computer science. Thus, it is now used to secure not only communication and information but also money transfers across the virtual web.

How to use cryptocurrency

It is very easy for the ordinary people to make use of this digital currency. Just follow the steps given below:

  • You need a digital wallet (obviously, to store the currency)
  • Make use of the wallet to create unique public addresses (this enables you to receive the currency)
  • Use the public addresses to transfer funds in or out of the wallet

Cryptocurrency wallets

A cryptocurrency wallet is nothing else than a software program, which is capable to store both private and public keys. In addition to that, it can also interact with different blockchains, so that the users can send and receive digital currency and also keep a track on their balance.

The way the digital wallets work

In contrast to the conventional wallets that we carry in our pockets, digital wallets do not store currency. In fact, the concept of blockchain has been so smartly blended with cryptocurrency that the treaties never get stored at a particular location. Nor do they exist anywhere in hard cash or physical form. Only the records of your transactions are stored in the blockchain and nothing else.

A real-life example

Suppose, a friend sends you some digital currency, say in form of bitcoin. What this friend does is he transfers the ownership of the coins to the address of your wallet. Now, when you want to use that money, you've unlocked the fund.

In order to unlock the fund, you need to match the private key in your wallet with the public address that the coins are assigned to. Only when both these private and public addresses match, your account will be credited and the balance in your wallet will swell. Simultaneously, the balance of the sender of the digital currency will decrease. In transactions related to digital currency, the actual exchange of physical coins never take place at any instance.

Understanding the cryptocurrency address

By nature, it is a public address with a unique string of characters. This enables a user or owner of a digital wallet to receive cryptocurrency from others. Each public address, that is generated, has a matching private address. This automatic match proves or establishes the ownership of a public address. As a more practical analogy, you may consider a public cryptocurrency address as your eMail address to which others can send emails. The emails are the currency that people send you.

Understanding the latest version of technology, in form of cryptocurrency is not tough. One needs a little interest and spend time on the net to get the basics clear.

Crypto TREND – Fifth Edition

As we expected, since publishing Crypto TREND we have received many questions from readers. In this edition we will answer the most common one. What kind of changes are coming that could have game variables in the cryptocurrency sector? One of the largest changes that will impact the cryptocurrency world is an alternative method of…

As we expected, since publishing Crypto TREND we have received many questions from readers. In this edition we will answer the most common one.

What kind of changes are coming that could have game variables in the cryptocurrency sector?

One of the largest changes that will impact the cryptocurrency world is an alternative method of block validation called Proof of Stake (PoS). We will try to keep this explanation fairly high level, but it is important to have a conceptual understanding of what the difference is and why it is a significant factor.

Remember that under technology with digital treaties is called blockchain and most of the current digital contexts use a validation protocol called Proof of Work (PoW).

With traditional methods of payment, you need to trust a third party, such as Visa, Interact, or a bank, or a cheque clearing house to settle your transaction. These trusted entities are “centralized”, meaning they keep their own private ledger which stores the transaction's history and balance of each account. They will show the transactions to you, and you must agree that it is correct, or launch a dispute. Only the parties to the transaction ever see it.

With Bitcoin and most other digital contexts, the ledgers are “decentralized”, meaning everyone on the network gets a copy, so no one has to trust a third party, such as a bank, because anyone can directly verify the information. This verification process is called “distributed consensus.”

PoW requires that “work” be done in order to validate a new transaction for entry on the blockchain. With cryptocurrency, that validation is done by “miners”, who must solve complex algorithmic problems. As the algorithmic problems become more complex, these “miners” need more expensive and more powerful computers to solve the problems ahead of everyone else. “Mining” computers are often specialized, typically using ASIC chips (Application Specific Integrated Circuits), which are more adept and faster at solving these difficult puzzles.

Here is the process:

  • Transactions are bundled together in a 'block'.
  • The miners verify that the transactions within each block are legitimate by resolving the hashing algorithm puzzle, known as the “proof of work problem”.
  • The first miner to solve the block's “proof of work problem” is rewarded with a small amount of cryptocurrency.
  • Once verified, the transactions are stored in the public blockchain across the entire network.
  • As the number of transactions and miners increase, the difficulty of solving the hashing problems also increases.

Although PoW assisted get blockchain and decentralized, trustless digital treaties off the ground, it has some real shortcomings, especially with the amount of electricity these miners are consuming trying to solve the “proof of work problems” as fast as possible. According to Digiconomist's Bitcoin Energy Consumption Index, Bitcoin miners are using more energy than 159 countries, including Ireland. As the price of each Bitcoin increases, more and more miners try to solve the problems, consuming even more energy.

All of that power consumption just to validate the transactions has motivated many in the digital currency space to seek out alternative method of validating the blocks, and the leading candidate is a method called “Proof of Stake” (PoS).

PoS is still an algorithm, and the purpose is the same as in the proof of work, but the process to reach the goal is quite different. With PoS, there are no miners, but instead we have “validators.” PoS relations on trust and the knowledge that all the people who are validating transactions have skin in the game.

This way, instead of utilizing energy to answer PoW puzzles, a PoS validator is limited to validating a percentage of transactions that is reflective of his or her ownership stake. For instance, a validator who owns 3% of the Ether available can theoretically validate only 3% of the blocks.

In PoW, the chances of you solving the proof of work problem depends on how much computing power you have. With PoS, it depends on how much cryptocurrency you have at “stake”. The higher the quake you have, the higher the chances that you solve the block. Instead of winning crypto coins, the winning validator receives transaction fees.

Validators enter their stake by 'locking up' a portion of their fund tokens. Should they try to do something malicious against the network, like creating an 'invalid block', their stake or security deposit will be forfeited. If they do their job and do not violate the network, but do not win the right to validate the block, they will get their stake or deposit back.

If you understand the basic difference between PoW and PoS, that is all you need to know. Only those who plan to be miners or validators need to understand all the ins and outs of these two validation methods. Most of the general public who wish to possess cryptocurrency will simply buy them through an exchange, and not participate in the actual mining or validating of block transactions.

Most in the crypto sector believe that in order for digital currencies to survive long-term, digital tokens must switch over to a PoS model. At the time of writing this post, Ethereum is the second largest digital currency behind Bitcoin and their development team has been working on their PoS algorithm called “Casper” over the last few years. It is expected that we will see Casper implemented in 2018, putting Ethereum ahead of all the other large cryptocurrencies.

As we have seen previously in this sector, major events such as a successful implementation of Casper could send Ethereum's prices much higher. We'll be keeping you updated in future issues of Crypto TREND.

Stay tuned!

Bitcoin Basics

For someone not familiar with Bitcoin, the first question that comes to mind is, “What is Bitcoin?” And another common question that is often asked relates to the Bitcoin price. It started out a under 10 cents per Bitcoin upon its introduction in early 2009. It has steadily steadily since and has hovered around $…

For someone not familiar with Bitcoin, the first question that comes to mind is, “What is Bitcoin?” And another common question that is often asked relates to the Bitcoin price. It started out a under 10 cents per Bitcoin upon its introduction in early 2009. It has steadily steadily since and has hovered around $ 4000 per Bitcoin recently. So regarding Bitcoin value or the Bitcoin rate this is a most remarkable appreciation of value and has created many, many millionaires over the last eight years.

The Bitcoin market is worldwide and the citizens of China and Japan have been particularly active in its purchase along with other Asian countries. However, recently in Bitcoin news the Chinese government has tried to suppress its activity in that country. That action drve the value of Bitcoin down for a short time but it soon surged back and is now close to its previous value.

The Bitcoin history chart is very interesting. Its creator was an anonymous group of brilliant mathematicians (using the pseudonym Satoski Nakamoto) who designed it in 2008 to be “virtual gold” and released the first Bitcoin software in early 2009 during the height of the USA economic crisis. They knew that to have lasting value, it like gold had to have finite supply. So in creating it they capped the supply at 21 million Bitcoin.

Bitcoin mining returns to the process by which new Bitcoin is created. With conventional currency, government decides when and where to print and distribute it. With Bitcoin, “miners” use special software to solve complex mathematical problems and are issued a certain number of Bitcoin in return.

A question that then arises is, is Bitcoin mining worth it. The answer is NO for the average person. It takes very sophisticated knowledge and a powerful computer system and this combination of factors makes it unattainable for the masses. This applies even more to bitcoin mining 2017 than in past years.

Many wonder, who accepts Bitcoin? This question gets asked in various ways, what are stores that accept bitcoin, what are websites that accept bitcoins, what are some retailers that accept bitcoin, what are some places that accept bitcoin and where can I spend bitcoin.

More and more companies are beginning to see the value of accepting cryptocurrency as a valid payment option. Some major companies that do are DISH network, Microsoft, Expedia, Shopify stores, Newegg, Payza, 2Pay4You, and others.Two major holdouts at this time are Walmart and Amazon.

Ethereum is the strongest rival to Bitcoin in the cryptocurrency market and many wonder at the question of Bitcoin vs Ethereum. Ethereum was created in mid-2015 and has gained some popularity but still ranks far behind Bitcoin in usage, acceptance and value.

A question that often comes up often related to Bitcoin scam. This author has a friend who made a purchase from a company that promised 1-2% growth per day. The company website listed no contact information and after a couple months the website simply vanished one day and my friend lost all the money he had invested which was several thousand dollars.

One has to know how to buy Bitcoins, how to purchase Bitcoin or how to buy Bitcoin with credit card in order to get started. Coinbase is a very popular site to do this. Their fee is 3.75% and the buying limit is $ 10,000 per day. This would probably be the easiest way to buy bitcoins.

Others would like to buy Bitcoin with debit card. Coinbase also provides this service and has clear step by step instructions on how to proceed with either your debit or credit card.

There are those who would like to buy Bitcoin instantly. This can be done at Paxful, Inc. and can be done through W. Union or any credit / debit card.

Other common questions that come up are what is the best way to buy Bitcoins, the best way to get bitcoins or where to buy bitcoins online. The easiest way is probably to purchase it through a digital asset exchange like the previously mentioned Coinbase. Opening an account with them is painless and once you link your bank account with them you can buy and sell Bitcoin quite easily. This is quite likely also the best place to buy Bitcoins.

One must know what a Bitcoin wallet is and how to use it. It is simply the Bitcoin equivalent of a bank account. It allows you to receive Bitcoins, store them and send them to others. What it does is store a collection of Bitcoin privacy keys. Typically it is encrypted with a password or otherwise protected from unauthorized access.

There are several types of digital wallets to choose from. A web wallet allows you to send, receive and store Bitcoin though your web browser. Another type is a desktop wallet and here the wallet software is stored directly on your computer. There are also mobile wallets which are designed for use by a mobile device.

A question that occasionally comes up is that of Bitcoin stock or how to buy Bitcoin stock. By far the most common way to proceed in this area is to buy Bitcoin directly and not its stock.

There is one entity called Bitcoin Investment trust which is an investment fund that is designed to track the market flow of Bitcoin. Some analysts are still calling this a risky way to become involved in this marketplace.

The Bitcoin exchange rate USD is a closely watched benchmark both on a daily basis and long term over the last 8 years since its introduction to the world's financial marketplace. A popular company to receive the most current rate in Bitcoin valuation is XE. They show Bitcoin to USD valuation and also the complete Bitcoin price chart, the Bitcoin value chart and the Bitcoin to USD chart. If you ask, “How much is one Bitcoin?” you will always know from their continuously updated charts.

Similar questions that come up in this area relative to the bitcoin rate history, the bitcoin price chart live, the bitcoin to dollar exchange rate, the bitcoin dollar chart and the bitcoin 5 year chart. The previously mentioned website, xe, is also a good source for answers to these questions.

Regarding Bitcoin cash, ie. to get USD from selling Bitcoin, Bitwol is one company that enables you to do this. WikiHow is another company that will take you through this process.

Bitcoin projected value is a subject often discussed. In January of 2015 the price of one bitcoin was $ 215. Currently it is around $ 5000. This is a phenomenal increase and one far beyond what most experts would have projected at that time. Currently in reviewing forecasts from experts around the world a common answer looks to be that the top value will settle in at around $ 10,000 and one expert even projected a value reaching $ 100,000.