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A Wallet to hide

The electronic wallet that is used for storing Bitcoin is called Bitcoin wallet. To define a wallet technically we can say Bitcoin cannot be stored anywhere to store it there is one secret number attached to every bitcoin that gets saved in the owner’s wallet. Using the wallet the bitcoin owner can send and receive the coins and keep the balance amount with him.

This digital wallet is important for obtaining Bitcoin. To understand the process in the better way we can refer Bitcoin as cash and bitcoin wallet as a physical wallet. As we all know wallets are meant to store cash in case of bitcoin it is stores the secure private key that is used to unlock the Bitcoin address and carry out the transaction.

Four important and best-known wallets of bitcoin are desktop, mobile, we and hardware.

  • Desktop wallet: This wallet can be installed on the desktop computer; the user has full control of the wallet. This wallet creates bitcoin address to send and receive bitcoins and stores the secret key. Some of the commonly used bitcoin wallets are Electrum, armoury, Bitcoin core etc.
  • Mobile Wallet: This wallet can be used on the go and one does not have to sit in one place to access this wallet as it can be installed on android mobile. This wallet can function in the same way as a desktop wallet. This wallet can be used for paying the bills of physical stores. Some of the popular mobile wallets are Mycelium Bitcoin Wallet and Hive Android etc. Several malware software is creating trouble or mobile wallet users so it is wise to do a little research before installing any mobile wallet.
  • Web wallet: this wallet can be accessed from anywhere using any browser. One should be very careful while using web wallet as it stores the secret private key for the Bitcoin. Coinbase is one of the popular web wallet contributors.
  • Hardware wallet: As the name says it is one of the secure wallets to store Bitcoins. It a physical equipment that can be used through the USB port. This device isn’t free and it cost approximately $100 or $200.

Storing the bitcoins in the wallet does not secure it, the wallet itself needs strong security to prevent hacking as it is a high-value target for them. To safeguard a wallet one must encrypt it using a strong password and store it offline. Frequent backups should also be taken for these wallets. To know more continue reading about Bitcoin Trader

 

Trading the right way

Trading in simple terms means that you buy something now in anticipation that you get more than the buy price within a short period of time.  On the other hand, you might wish to sell something now in anticipation that price will go down in future and then you can buy it at at a later date.  It is known as short selling.  Listed below are the few things one should keep in mind while you enter the financial market to trade.

Pointers to keep in mind

Stop loss, Return on Investment and target- The foremost thing one should do before getting into trading is setting a stop loss. You should not only set the stop loss but also should be able to get out of the trade at stop loss. The next thing a wise trader should do is to keep a target. The target set should be at least twice or more as the stop loss.

Once the target and stop loss is set, another important thing you need to find out is how easily this target can be achieved.  You should conduct analyzes on the market conditions, the past trend of the price and volume and see how the future holds.  If you feel all these cannot be managed by you, then there are trading software like bitcoin trader available in the market that can help you. You can read all the reviews on the site and know more about it.

Don’t go for margin- You should not make the mistake of trading in the margin. You should always trade with the money which you can afford to lose. You should opt only for margin trading after considering your stop loss. If you feel comfortable in losing that much amount, then you can choose for margin trade.

Manage the risk- The most crucial thing in trading is to manage the risk. If you are not able to preserve the capital and not able to manage the risk of trading properly, you will be left with no money to conduct trading.  The future risk should be anticipated well in advance. This is possible to do so only if you are updated with the current economic, political and financial scenario. The analysis of the market, industry, past trends and future trends give you a warning on the future events.  Follow your instinct and understand the risk beforehand. Then you need to take steps accordingly to mitigate the risks.

 

 

 

 

Characteristic Of  The Market

The market moves in two phases. It could be in a bullish phase or bearish phase. The bull or the bearish phase of the market is because of some characteristics of the stock prices but there are many other factors that one should know of.

Supply and demand

Supply and demand are important characteristics for the stock prices to go up or down. In a bull market, the demand is higher than the supply. This means that more people want to buy the security and very few are willing to sell the security. As a result of this, the prices rise and this keeps the market bullish. When the market is in a bear phase the opposite is true. Here the investors are more ready to sell the stock and very few are willing to buy the security. This pushes the price of the security down on the trading app.

Psychology of the investor

The market movement is because of the way the investors perceive what will happen in the market. The sentiments of the investors will make the price to either rise or fall. This is the reason why the sentiments of the investor and the psychology of the market are dependent. The bull phase is when the investors are bullish on the market and they want to participate in the market. This purses the price up higher. In a bear market, the sentiments of the investors are negative and the investors are moving their money out from the equities to other secured assets. This causes a decline in the stock market prices. The traders lose confidence in the market and thus the market turns to bearish.

 

Economic activity

The economy and the stock market are highly linked. The stock market is composed of stocks of companies and these companies are totally dependent on the economy for their performance. This is why the movement in the economy impacts the stock prices as well. When the economy is weak then the sales are lower and this leads to bad numbers for the company, this, in turn, pushes their prices down. This impacts the market and makes it bearish. When the market is bullish then the economy is going better and more and more investors are ready to spend. This leads to the market turning bullish.

You need to see the performance of the market in along term to understand whether the market is bullish or bearish. The small movements that happen in the market do not affect the market trend. You need to see the market with along term perspective to know if it is bullish or bearish

Start trading on The Online Trading Platform

Placing orders on the online trading platform is beneficial because it makes the whole process transparent and also streamlines it. The traders can trade anytime they want to and are not bound to the brokers’convenience. This gives them lots of flexibility.

Placing a buy order

The online trading platform is simple to use and it allows you to buy and sell shares easily. First, log into the trading account with the unique details of your username and password. After this, you need to add the asset that you wish to purchase on the window. Place the trades on the security with a click of the button.

The transaction then gets processed by the exchange. The price is checked first if you get a seller at the price then the transaction gets completed.

Youcantradeusing this method on shares, futures, commodities, Forex in the cryptocurrencies market as well.

Selling the trade

To sell the security on the online trading platform select the security and the quantity that you wish to sell. Place the order and the order then gets processed by the exchange. The shares or the security that you wish to sell gets sold in the market when it gets a price match.

Other facilities

You can also keep a track of how the security is performing when you are using an online trading platform. You get to see the price in real time and this lets you monitor the trade continuously. You can place the target as well as the stop loss price on the trading platform.

Most of the trading platforms that let you trade online give you access to trading charts. You can use these to analyze the trades for yourself. The research reports are also published by the brokerage firm that increases the odds of you profiting in the trades.

Opening a trading account

Is the Bitcoin Code legit? To open a trading account to trade online all that you need to do is to select the brokerage firm, make a comparison of the services that it is offering and the brokerage that it is charging on the trades. Once you have decided on a brokerage firm contact the firm to start the account opening process. You will be asked to fill up a form and provide some mandatory documents. The details would be verified and after that, you will get the account details. Once done you can go ahead and start taking trades on the onlinee platform.

 

 

 

How Bitcoins Benefit The Small Business?

If the business is challenging, the intensity increases multifold in the case of small businesses that are trying to secure their prominent spot in this competitive world. At one hand, they have to prove their worthiness and on the other hand, they have to ensure that the money to run their business is available uninterruptedly, as without it even the survival of the business becomes a question mark! When it comes to money management, not only finding the funds but also utilizing the available funds wisely matters, for which the cryptocurrency way of dealing the business, especially the Bitcoins prove beneficial.

If you are wondering how Bitcoins could favor or enable the small businesses, read the significant factors below to get enlightened on the same!

  • Transaction fees are lower

As a customer, it is always easier for us to swipe our plastic cards and complete our purchases conveniently. Though the businesses support this system to satisfy their customers they also suffer setbacks in the name of transaction fees or processing fees, which might not be of a problem for an established business but, certainly, a financial hindrance for a growing business. It is where the Bitcoins acts as a support by offering lower to perhaps nil transaction or processing fees that allows these businesses to collectively save more money that can be utilized for other significant purposes.

 

  • No chargeback issues

Although the concept of chargeback was introduced by the credit card providers to ensure protection against the fraudulent merchants and businesses, unfortunately, certain customers are trying to utilize the benefit of it in a wrong way, that is by raising false accusations, which, again, causes problems for the businesses, especially the growing ones in the name of heftier chargeback fees. But, when the transaction is carried out using the Bitcoins, there is no concept of chargeback as all transactions are final in the blockchain network, which ensures the fraudulent activities are kept at the bay, favoring the small businesses greatly!

 

  • Global transactions are easier

If a small business has to grow enormously then, the cross-country business transactions are a must, which is unfortunately hindered by the concept of international fees and currency exchanges! Fortunately, there are no such problems in the world of Bitcoins and that is why many small business owners have started accepting payments in Bitcoins, appreciably!

No matter, whether you are a customer or a small business owner, in future, looks like all the transactions are going to be only the Bitcoins’ way for which, you have to be ready now, thankfully, with the help of the automated trading robot!

 

Get to know about the crypto market cycles

We know well that the trading scenario in general works based on the market volatility. Crypto trading is no different from this. But the crypto market is also known to behave slightly different from the other markets. This is what makes crypto trading an easy option for a beginner while also appearing to be a complicated process to understand. There is a mix of good and bad in crypto trading and it is all about your understanding of the market and the impacts on the various cryptocurrencies.

To do it the easy way, there are some crypto trading bots like Bitcoin Loophole which can help beginners to start investing in these digital currencies with little to no knowledge about cryptocurrencies. Find Bitcoin Loophole full review on that page.

The ups and downs

What confused a lot of crypto traders is that there was a time when the value of the cryptocurrencies kept increasing without a break and then suddenly there came a time when some currencies crashed. This came as a disappointment to several cryptocurrency holders. The patterns, however, lead to the traders understanding the fact that the market of cryptocurrencies much like the stock market is known to have cycles. And if you understand these cycles you would be able to predict the price change directions much more accurately. If you are a day trader in cryptocurrencies then this would be valuable information!

Understanding the stages of a market cycle

There is first the belief and the positive outlook. These make the early buyers invest their money in a cryptocurrency even when it’s new or even when the price has hit a low. Slowly as this leads to the increase in purchasing pattern then the bullish market starts developing and the traders then believe that the price would be progressing upward. Once the excitement builds up the price then hits the high. If you know that the price is approaching its high it would be a good idea to start looking for alternative currencies or assets to invest in for soon the trader would be reaping the profits. When the market hits the saturation level where there are more sellers than buyers then there is a number of traders who start worrying about the possible drop and then this, in turn, leads to several more traders selling their currencies and the price keeps dropping. This whole cycle then repeats!

Better Finances With Ethereum Code

The interest of experts, as well as regular people, seems to have increased in the field of cryptocurrency mining. This is in fact also the reason why one has seen a sudden surge in the number of new members in the cryptocurrency trading world.

The industry of cryptocurrency mining was earlier assumed to be a field that was exclusive to experts and experienced people. However, the automated trading robots have changed the scenes and made it possible even for those investors who do not understand the graphs and charts of the trading world.

It is these unsuspecting investors because of whom there has also been a rise in the number of scams and fake websites. It is often tough to tell them apart from genuine websites. This is where Ethereum Code comes into the picture.

What is Ethereum Code?

This is also a cryptocurrency mining platform that deals with the collection of Ethereum. It has earned a reputation for being a safe and sound place to invest your money in. Ethereum Code is an automated trading robot that has been developed using numerous codes and calculations as well as algorithmic calculations.

The system is known to function on autopilot mode, where the system independently carries out trades on behalf of the investor. This is also the reason why it is a perfect platform for new investors and novices who do not have the experience to trade accurately. In fact, traders can actually use this platform as a secondary income generation tool.

The system is created to make some near accurate market research and analysis. It even makes some perfect predictions of values of assets as they would be in future.  Based on this information it also looks out of investments that look promising. It even reinvests your funds in trades that seemed worth.

The efficiency of the system is proven by the fact that it has a high turnaround rate that exceeds 87% and can even assure a high income on a daily basis.

Is Ethereum Code Scam?

This software has undergone many tests and reviews and has always come back with positive results. There was nothing suspicious or doubtful noted in its activity. Another important proof is the fact that its users have used this software satisfactorily and even written positive testimonials for it. The system also abides by the SSL standards. All of this proves that Ethereum Code is not a scam, and one can safely invest their money in it.

The signing up process is also easy and sets up within minutes. They ask you to deposit about $250 or more for investment purpose, other than that they charge no additional fees or hidden charges.

 

 

 

 

 

 

 

 

 

 

Can you stay ahead of the competition

Like it or hate it but you cannot live without digitization. The fast-paced growth of technology has seen digitization come to age much faster than probably anticipated by the masses. Thus, if you wish to remain in the rat race or even otherwise, it is mandatory that you embrace the latest technology in your field and move on.

It is similar to the emergence of the automated trading systems which have opened new avenues for anyone and everyone who wants to make some extra income by entering the trading scene. You can learn more about this software to be a part of a growing population that is supporting their passive income with profits from this software.

In the current world, the attention span of customers is limited; they are constantly bombarded with ads on TV, newspaper and social media. Unless you enhance your marketing strategies sustaining a loyal customer base will be a major challenge. So, how can you improve your marketing techniques to stay ahead of the competition?

Rely on blockchain

It is not just cryptocurrencies that rely on blockchain but even businesses have realized the potential of this tool in a multi-diverse global world where the sub-communities are so intertwined with each other that reaching all target audience can be a challenge. But with technologies like blockchain you are ensuring that you reach every segment of the market.

Incentivize the audience

The digital world has thrown open the doors of the market to everyone and there are several new players in the field – aggressive and ready to do everything that it takes to reach the top. Plain marketing is not enough to lure customers. You must look at new avenues and means to bring back old customers and entice new ones. One trend that is fast catching up is incentivization – offering benefits to customers that are hard to refuse and thereby forcing them to become powerful advocates for your company.

Don’t ignore AI

AI is expanding exponentially and is making its presence felt in all walks of life. It is by far one of the most potent marketing tools that companies have right now. The future is in the hands of algorithms that can be programmed to reach any target effectively and efficiently. The possibilities of adopting AI are immense; it is so powerful that it can adjust content according to the need of the hour and based on customer response. This is one tool you just cannot afford to ignore if you wish to remain on top of the game.

Importance of a demo account in trading systems

When you pick an investment option there are many factors that would influence your decision. One among them would be the budget and the time you have in your hand. Some investments, like trading, require a lot of time and attention. But they have the flexibility of choosing a portfolio you can afford. And not to forget the liquidity that it offers. But one cannot deny that the stock market is volatile. So nothing would prepare you for the actual stock market scenario like the stock market itself. If you have been reading several books on trading and stock market then you should also make sure that you have a practical hands-on experience to strengthen your skills.

What is a demo account?

As the name indicates this is a demo of the trading account that the trading system offers to the user. Some users open multiple trading accounts so as to widen their options and some stick with one. No matter how many trading accounts you open it is always good to have a demo account.

A demo account would be very similar to the actual trading account itself. This would give you a peek into how it would be to actually use your account, how to make deposits, how to place an order and more. There would be simulated money allotted in your account which you can use to buy shares and watch them grow. Once you are confident with the procedure and the platform you would be able to execute actual orders with real money.

Benefits of a demo account:

  • Demo accounts are very similar to the live market trading. So for those who are looking for an exposure to the stock market, this is a great feature.
  • Trading strategies can be revised easily when you have a demo account. Even experienced traders might have one or more demo accounts. If you plan to improve your trading strategy, work on the indicators that you plan to follow then demo accounts can be used to test them. You cannot go to a trial and error method and take big risks with the real trading account.
  • Demo accounts are often free. As it is simulated money that you use there would be no fees to carry out your orders in the demo account.

There are many trading bots and online trading systems like Ethereum Code that offer a demo account. Click here to know more about this trading bot.

 

 

Here are a complete review and disclosure of my pet software

In the recent years, the crypto currency has become quite a rage!

 

You must have noticed how there is a rise in the demand for the cryptocurrency. The field is at the hilt of popularity because it is considered to be one of the most lucrative of all the financial fields. The accumulation, speculation, and exchange of cryptocurrency is a multibillion-dollar industry and it is a well-known fact that anyone who enters this field has been able to make enough profits without working too hard. So what is the harm in trying?

 

Is it a bubble?

Tech gurus across the world are divided on their views on this kind of currency. While a majority of them tell you that accumulating cryptocurrency is a great move still a percentage of them believe that one should go easy on them as it is a bubble waiting to burst much like the dot-com bubble. But I personally think that this only tantamount to doomsday predicting and as long as the trader is able to make a good margin by speculating and exchanging them, let the party still going on!

So, where does one go when they want to invest in cryptocurrency?

Trading online is a field that is fraught with scams and fraudster wolves waiting in sheep’s skin to attack a trader the moment he is sighted. There are scams galore here and that is why it makes a lot of sense to tread in carefully. You must be up to date with your research and homework. You must also have by the time of entering determined how much money it is affordable for you to lose in a worst-case scenario.

But word of mouth works for me!

I came to know about this program from a colleague who was doing extremely well on it. I decided to open a trading account with them and since then there has not been any looking back. The program has been genuine and one of the most legit crypto-bots that I have ever come across in all m life.

The creator of the program, Marc Weston is a real person, unlike actors who are hired by the bogus sites to make people believe that the owner who is so young in age has made himself something only by investing in the software. These are of course psychological games that these frauds love to play with the naïve newbie trader.

Ethereum Code has proven itself to be legit software and I know that I am going to be associated with them for a long-long time to come! Cheers!!