5 tips to consider before investing in cryptocurrencies

Want to invest your hard-earned money in cryptocurrency? If so, make sure you know you meet the criteria before making a final decision. If you don’t consider important factors, you can risk losing your money. There are many cryptocurrencies such as Blockchain or Bitcoin. In this guide, we will share with you a few tips that you can follow before investing your money. Read on to know more.

1. Don’t invest too much

First of all, don’t invest an amount that you can’t afford to lose down the road. In other words, it should be an amount you don’t need to meet your daily needs. If you lose your investment, it should not affect your life. Taking out a consumer loan to invest in cryptocurrency is not a good idea.

2. Study the subject first

Before investing, make sure you study the subject first. After all, investing in something you have no idea about is not a smart move. For example, will you buy a house without looking everywhere? Nobody will do that.

But that doesn’t mean you have to be an expert before making this investment. All you need to do is understand the general terms associated with the industry.

3. Diversify your investments

Another thing is to focus on diversification. In fact, this concept is important regardless of the type of field you want to start a business in.

In other words, you may not want to put all your money into just one business. For example, if you have 10 eggs, you may not want to put them all in one basket. Use two baskets instead. In this way, even if you drop one basket and break all the eggs, the second basket will still have half of the eggs.

So what you need to do is to invest your money in different businesses like real estate and cryptocurrency.

4. Inter-exchange transfers

Make sure you use a good cryptocurrency platform. With the help of this platform, you can buy any of the popular cryptocurrencies like ETH and BTC. If you want to buy a different currency, you need to transfer your currency to an interexchange. In these exchanges, you can change your currency pair without any problem.

5. Do Your Own Research

As stated earlier, you may want to do your research before you act. It is not a good idea to invest based on the advice of a friend or relative. You can use various tools like Google, Skype, Discord, Telegram, Twitter, discussion forums and white paper to do your homework. Before investing in a project, it is important that you do your time.

So, make sure you follow these tips before investing your money in the cryptocurrency world. This way, you can avoid common mistakes that most investors make. I hope it helps.

What is Bitcoin? A Short and Informative Guide

The cryptocurrency that continues to fascinate the world, Bitcoin, the first of its kind, was once the high-ranking realm of tech geniuses eager to espouse a philosophy of maximizing autonomy, but bitcoin has a chance to rise to fame with its promise at scale. consumer base. However, a query remains for inexperienced consumers. So what exactly is Bitcoin? Some have yet to settle this highly volatile cryptocurrency. Created and stored electronically, Bitcoin is actually a form of digital currency. The network cannot actually be controlled by anyone, the currency is decentralized. It was created in 2009 by an individual named Satoshi Nakamoto. Bitcoin, which uses P2P technology to operate, has a distinctive and flexible feature to reach everyone who is interested. Its worldwide acceptance is a feature that adds to its popularity.

Bitcoins are quite unique as they are not accountable to anyone. Bitcoins are sovereign with their own unique rules and are not secretly printed by any bank, but mined, they are produced digitally by a large number of people participating in a giant network or community. Miners usually use a lot of computing power and there is a lot of competition in Bitcoin mining. Computers work to solve complex mathematical problems. Competing miners also have the prospect of solving the problem, earning Bitcoins in the process. Although the difficulty levels of these problems are increasing day by day. Transactions on the Bitcoin network are relentless and continuous, and tracking these transactions is quite systematic. The Bitcoin network keeps it methodical because all transactions over a certain period of time are collected in a block. Miners are supposed to confirm transactions and everything is recorded in a public ledger, a set of blocks called a blockchain. Blockchain actually holds the key to the details of any transaction made at different Bitcoin addresses.

Integrating Bitcoin into people’s lives is the most desired thing right now. This is quite easily achieved by creating exchanges. Bitcoin lovers have many options when it comes to acquiring this digital currency. Bitcoin exchanges allow consumers to buy or sell Bitcoins using fiat currencies. Exchanges abound, but first Mt. Gox was the most well-known and widely used mount before the collapse. With exchanges, consumers can buy or sell Bitcoins with cash or credit/debit card payment. A real-time as well as secure trading platform is offered by the exchanges. Enthusiasm and relentless fury always accompany Bitcoins. With numerous enthusiasts wanting to trade Bitcoins, the young currency and all the frenzy surrounding it grows a little bit bigger every day. All the knowledge associated with it seems to be as important as the currency itself. The importance of the “Bitcoin wiki” as an autonomous project cannot be denied at all. It will act as a repository of knowledge for Bitcoin enthusiasts around the world.

Planning to trade Monero cryptocurrency? Here are the Basics to Get You Started

One of the main principles of blockchain technology is to provide users with unbreakable privacy. As the first decentralized cryptocurrency, Bitcoin relied on this premise to market itself to a wider audience that needed a virtual currency that was free from government interference at the time.

Unfortunately, along the way, Bitcoin has proven to be riddled with a number of weaknesses, including non-scalability and a volatile blockchain. All transactions and addresses are recorded on the blockchain, making it easy for anyone to connect the dots and unlock users’ personal details based on their existing records. Some government and non-government agencies are already using blockchain analytics to read data on the Bitcoin platform.

Such drawbacks have led developers to look at alternative blockchain technologies with improved security and speed. One of these projects is Monero, commonly represented by the ticker XMR.

What is Monero?

Monero is a privacy-oriented cryptocurrency project whose main goal is to provide better privacy than other blockchain ecosystems. This technology protects users’ data through hidden addresses and Call signatures.

A secret address refers to the creation of a single address for solo operation. Two addresses cannot be linked to one transaction. The received coins go to a completely different address, making the whole process ambiguous to an outside observer.

A ring signature, on the other hand, refers to mixing account keys with public keys, thus creating a “ring” of multiple signers. This means that the monitoring agent cannot associate the signature with a specific account. Unlike cryptography (the mathematical method of securing crypto projects), ring signature is not a new kid on the block. Its principles were studied and documented by the Weizmann Institute and MIT in 2001.

Cryptography has certainly won the hearts of many developers and blockchain enthusiasts, but the truth is that it is still an emerging tool that is underutilized. Monero has already distinguished itself as a legitimate project worth adopting because it uses the proven Ring signature technology.

Things you need to know before you start trading Monero

Monero market

The Monero market is similar to that of other cryptocurrencies. If you want to buy it, Kraken, Poloniex and Bitfinex are some of the exchanges to visit. Poloniex was the first to adopt it, followed by Bitfinex and finally Kraken.

This virtual currency seems to be mostly pegged against the dollar or cryptocurrencies. Some of the available pairings include XMR/USD, XMR/BTC, XMR/EUR, XMR/XBT and more. The trading volume and liquidity of this currency are very good statistics.

One of the good things about XMR is that anyone can participate in its mining, either individually or by joining a mining pool. Any computer with reasonably good processing power can mine Monero blocks in a few hiccups. Don’t bother going for ASICS (application specific integrated circuits) which are currently mandatory for Bitcoin mining.

Price volatility

Despite being a huge cryptocurrency network, it is not that special when it comes to volatility. Almost all altcoins are extremely volatile. This shouldn’t bother any avid trader because this is what makes them profitable in the first place – you buy when prices are falling and sell when they are in an uptrend.

In January 2015, XMR was going for $0.25, then in May 2017 it ran up to $60 and is currently bowling above $300. Monero coin recorded an ATH (all-time high) of $475 on January seventh before starting to fall to $300 along with other cryptocurrencies. At the time of this writing, almost all decentralized currencies are in a price correction, and Bitcoin is climbing to $10-11k from its spectacular ATH of $19,000.

Fungibility and adoption

Due to its ability to offer reliable privacy, XMR has been adopted by many people to easily exchange their coins for other currencies. Simply put, Monero can easily be traded for something else.

All bitcoins on the Bitcoin Blockchain are recorded, and therefore, when an event such as a theft occurs, every coin involved is disabled, rendering them immutable. With Monero, you cannot distinguish one coin from another. Therefore, no seller can reject any of them because it is associated with a bad event.

The Monero blockchain is currently one of the trendiest cryptocurrencies with a significant following. Like most other blockchain projects, its future looks great despite impending government crackdowns. As an investor, you should do your due diligence and research before trading any Cryptocurrency. If possible, seek help from financial experts to get you on the right track.

What is Bitcoin?

Bitcoins have become a very popular and popular form of currency over time. However, what exactly is Bitcoin? The following article will review the ins and outs of this currency that came out of nowhere and spread like wildfire. What makes it different from regular currencies?

Bitcoin is a digital currency, it is not printed and never will be. They are held electronically and no one controls it. They are produced by the people and businesses that created the first form of money known as cryptocurrency. While normal currencies appear in the real world, Bitcoin flows through billions of computers around the world. From bitcoin in the US to bitcoin in India, it has become a global currency. However, its biggest difference from other currencies is that it is decentralized. This means that no specific company or bank owns it.

Who created it?

Satoshi Nakamoto, a software developer, proposed and created Bitcoin. He saw this as a chance to have a new currency on the market free from central authority.

Who prints?

As mentioned earlier, the simple answer is no one. Bitcoin is not a printed currency, it is digital. You can even make online transactions using Bitcoins. So you can’t withdraw unlimited bitcoins? Absolutely not, Bitcoin was never designed to “mine” the world over 21 million bitcoins at once. Although they can be broken down into smaller parts. One hundred millionth of a Bitcoin is called a “Satoshi” in honor of its creator.

What is Bitcoin based on?

Mainly in appearance and for traditional use, Bitcoin is based on gold and silver. But the truth is that Bitcoin is actually based on pure mathematics. Since it’s open source, there’s nothing to hide. So anyone can check it out to see if it works as they claim.

What are the features of Bitcoin?

1. As mentioned earlier, it is decentralized. It is not owned by any specific company or bank. Each program that mines Bitcoins forms a network and they work together. The theory was, and it worked, that if a network crashed, the money would still flow.

2. Easy to install. Unlike big banks, you can create a Bitcoin account in seconds.

3. It’s anonymous, at least the part where your Bitcoin addresses are not associated with any personal information.

4. It’s completely transparent, all transactions using bitcoins are displayed on a big chart known as the blockchain, but no one knows it’s you because no name is attached to it.

5. Transaction fees are small and compared to a bank’s commissions, the rare and small commissions Bitcoin costs are close to nothing. It’s fast, very fast. Money will arrive wherever you send it, usually within minutes of processing.g. It is irrefutable, meaning that once you send your Bitcoins, they are gone forever.

Bitcoin has changed the world and the way we look at money. Many people wonder if it is possible to live off bitcoins. Some have even attempted it. However, Bitcoin is currently part of our economy, a unique type of currency, and it’s not going away anytime soon.

Best Bitcoin Trading Platforms

Cryptocurrency has not only provided the fastest way to transfer money, but also a new institution to trade and earn money apart from stocks and other commodities. While you can buy and sell Bitcoin directly, you can also use Bitcoin trading exchanges to continue your cryptocurrency trading. There are many exchanges where Bitcoin trading is safe and secure and many extended services help customers. As a cryptocurrency investor or trader, you can choose any of the exchanges for your convenience. However, it is recommended to look at the reviews of some before giving up on one. Below is a quick overview of the best Bitcoin exchanges in the world.

CoinBase: This is probably one of the most well-known and largest Bitcoin trading exchanges with direct and wallet binary trading. CoinBase was founded in 2012 through the venture founding of Y-Combinator and has grown rapidly since then. It has multiple options for depositing and withdrawing cash, instant money transfers between two CoinBases, wallet capabilities with multiple signature options for safer transfers, Bitcoin deposits are insured against any loss, and more. Europe and the United States, which allow transactions to be carried out through them without hindrance. It has relatively low transaction fees and offers Bitcoin trading as well as a large number of Altcoin trading.

CEX.IO: One of the oldest and well-known exchanges launched in 2013, as a Bitcoin Trading exchange in London and also as a cloud mining assistant. Later, its mining power grew so much that it occupied about half of the network’s mining capacity; but now closed. “CEX.IO” allows customers to expand their Bitcoin trading in larger quantities and it has the ability to provide Bitcoin instantly at the asking price. However, this exchange requires a slightly higher exchange amount, but this is compensated for by the security and possibility of multi-currency transactions (Dollars, Euros and Rubles) for buying Bitcoins.

Bitfinex: This is one of the most advanced trading exchanges and is especially suitable for experienced cryptocurrency traders. With high liquidity for Ethereum as well as Bitcoin, this exchange has better options like leveraging, margin funding and multiple order trading. In addition, Bitfinex offers customizable GUI features, limit, stop, trailing stop, market, etc. offers many order types such as This exchange also offers around 50 currency pairs that can be traded and easily mined for everyone. One of the largest exchanges by trading volume, Bitfinex offers pseudonyms for auctions and only for some services that require authentication. The only drawback of this exchange is that it does not support the purchase of Bitcoin or any other altcoin through fiat transactions.

Bitstamp: Founded in 2011, it is the oldest exchange offering cryptocurrency and Bitcoin trading. The most respected because, despite being the oldest, it has never been in danger of safety and until recently. Bitstamp currently supports four currencies, Bitcoin, Ethereum, Litecoin, and Ripple, and in addition to trading from the website, it also has a mobile app. It has excellent support for European users or traders with accounts in Euro Banks. Security is enhanced and is a type of cold storage, meaning coins are stored offline. So you can say that it is completely impossible for any hacker to infiltrate. Finally, the sophisticated user interface suggests that it is not for the novice user, but for professionals, and offers relatively low transaction fees.

Kraken: This is one of the largest Bitcoin trading exchanges in terms of liquidity, Euro cryptocurrency trading volume and Canadian Dollar, USD and Yen trading figures. Kraken is the most respected exchange to handle the confusion of cryptocurrency trading and at the same time has managed to keep client amounts safe regardless of other exchanges being hacked. With 14+ cryptocurrency trading facilities, the user can deposit fiat and cryptocurrency along with the same withdrawal capability. However, it is not suitable for beginners, but it has better security features and lower transaction fees compared to CoinBase. The most important factor for Kraken is its trust in the community and the first time it shows volumes and prices on Bloomberg Terminal.

Thinking of investing? Think the Bitcoin way

What is Bitcoin?

If you’re here, you’ve heard of Bitcoin. This has been one of the most common headlines in the last year – as a get-rich-quick scheme, the end of finance, the birth of a truly international currency, the end of the world, or an advanced technology. the world. So what is Bitcoin?

In short, you can say that Bitcoin was the first decentralized monetary system used for online transactions, but it will probably be useful to dig a little deeper.

In general, we all know what “money” is and what it is used for. The most significant issue witnessed in the use of money prior to Bitcoin is that it was managed by a centralized and unified entity – the centralized banking system. Bitcoin was invented in 2008/2009 by an unknown creator known by the pseudonym “Satoshi Nakamoto” to bring decentralization to money on a global scale. The idea is that currency can be bought across international lines without hassle or commission, checks and balances will be distributed around the world (not just on the books of private corporations or governments), and money will become more and more democratic. equally accessible to all.

How Bitcoin Started?

The concept of Bitcoin and cryptocurrencies in general was created in 2009 by an unknown researcher, Satoshi. The reason for his invention was to solve the problem of centralization in the use of money based on banks and computers, an issue that many computer scientists were not happy with. Achieving decentralization has been unsuccessful since the late 90s, so when Satoshi published a paper in 2008 proposing a solution, it was widely welcomed. Today, Bitcoin has become a familiar currency for internet users and has spawned thousands of “altcoins” (non-Bitcoin cryptocurrencies).

How is Bitcoin made?

Bitcoin is made through a process called mining. Just as paper money is created by printing and gold is mined, Bitcoin is created by “mining”. Mining involves solving complex mathematical problems involving blocks using computers and adding them to the public ledger. When it started, a simple CPU (like your home computer) was all you needed to mine, but the level of difficulty has increased significantly and now you need specialized hardware, including a high-end Graphics Processing Unit (GPU). Withdraw Bitcoin.

How can I invest?

First, you need to open an account with a trading platform and create a wallet; You can find some examples by searching Google for ‘Bitcoin trading platform’ – they usually have the names “coin” or “market”. After joining one of these platforms, you click on assets, then click on crypto to select the currencies you want. Each platform has many indicators that are quite important and you should make sure you observe them before investing.

Just buy and keep

Although mining is the most secure and in some ways the simplest way to earn Bitcoin, there is too much fuss involved and the cost of electricity and dedicated computer hardware makes it out of reach for most of us. To avoid all this, make it easy for yourself, enter the desired amount directly from your bank and click “buy”, then sit back and watch your investment grow according to the price change. This is called an exchange and occurs in many transactions. exchange platforms available today with the ability to trade between many different fiat currencies (USD, AUD, GBP, etc.) and various crypto coins (Bitcoin, Ethereum, Litecoin, etc.).

Bitcoin trading

If you are familiar with stocks, bonds or Forex exchanges, you will easily understand crypto trading. There are e-social trading, FXTM markets.com and many other Bitcoin brokers you can choose from. Platforms provide you with Bitcoin-fiat or fiat-Bitcoin currency pairs, for example BTC-USD means trading Bitcoin for USD. Pay attention to price changes to find the perfect pair according to price changes; platforms provide price among other indicators to give you proper trading advice.

Bitcoin is like stocks

There are also organizations that allow you to buy shares of companies that invest in Bitcoin – these companies trade back and forth, and you simply invest in them and wait for your monthly benefits. These companies simply pool the digital money of various investors and invest on their behalf.

Why should you invest in Bitcoin?

As you can see, investing in Bitcoin requires having some basic knowledge about the currency as explained above. As with all investments, it involves risk! Whether to invest or not is entirely up to the individual. However, if I were to give advice, I would advise investing in Bitcoin because Bitcoin continues to grow – although there has been one major boom and bust period, it is highly likely that cryptocurrencies as a whole will continue to grow. value growth over the next 10 years. Bitcoin is the biggest and most popular of all the cryptocurrencies out there, so it’s a good place to start and the safest bet right now. Although volatile in the short term, I doubt you will find Bitcoin trading more profitable than most other ventures.

All about Flexion Token

ICO Details:

An ICO (Initial Coin Offering) is a real utility token based on ERC20 (Ethereum) and offered to its investors in a crowdsale complete with various features. Flexion token holders will be given exclusive benefits like income. The system will record the Wallet data of the FXN Balance on a monthly basis. And the user will share the revenue based on the balance held in Flexion token in Flexion Exchange Wallet. Based on the revenue per token, the system will credit the balance in your reward wallet.

Why should you buy flex badges?

Flexion represents a solid investment opportunity for investors looking to build wealth over a period of time. This is not a get-rich-quick scheme or an overnight money-making opportunity. Investors who buy tokens and hold them for a long time will get exceptional results and return their investment.

Experienced Board of Directors with experience of running a successful Company.

All traders charge a minimum fee on trades. We have no trading rights.

24 hour customer support.

Token Details

Flexion Token (FXN) is an ERC20 token based on Ethereum blockchain technology. Flexion (FXN) supports all Ethereum wallets.

About FLEXION Exchange

We provide 0% trading fee during the launch of the exchange. A customer who buys 100k FLEXION tokens will get 50% trading fee and it will be permanent.

Forex trading will be provided on the FLEXION exchange. The customer will get a trading platform with 500 tokens. The minimum purchase amount of Flexion tokens will be 500 FXN and then can use Ethereum to buy Flexion Tokens. It will increase at each new stage.

We aim to provide our clients with a fast and secure trading experience in BTC, ETH and FXN

Token distribution:

ICO: 53%

Reserve: 30%

Initial sale: 5%

Bonus distribution: 5%

Team: 5%

Enrollment / Referral Program: 2%


We provide 1/2 trading fee compared to other exchanges.

We support fiat currencies on one platform.

We have reduced coin listing fees by up to 80% compared to other exchanges.

The First Relationship Customer who buys 100,000 tokens in the pre-sale will get a 50% discount on trading fees for life.

Customer is very valuable to us and we give 20% profit to our customers.

We also provide 24×7 customer support

Features of Flexion Exchange

Flexion is a digital currency exchange, we offer 0% trading fee for 6 months during the launch of the exchange

A user who buys 1 lakh tilt tokens will get 50% trading fee and it will be permanent

Flexion Exchange provides cryptocurrency trading with Forex trading.

Sharing for token holder

Full privacy system

We use the latest technology in our cryptocurrency trading platform

Unique operating system

A user can perform one million transactions per second

We provide high leverage futures trading.

User can track digital and fiat currency.

Get a 50% trade-in discount on your first order.

Customer will receive 24/7 customer support.

6 benefits of investing in cryptocurrencies

The birth of bitcoin in 2009 opened the doors to an entirely new asset class – cryptocurrency investment opportunities. Many entered the space early.

Intrigued by the huge potential of these fledgling but promising assets, they bought cryptocurrencies at a bargain price. Consequently, the 2017 bull run saw them become millionaires/billionaires. Even those who did not invest much money made a decent profit.

Three years later, cryptocurrencies are still profitable and the market is here to stay. You may already be an investor/trader or thinking of trying your luck. Either way, it makes sense to know the benefits of investing in cryptocurrencies.

Cryptocurrency has a bright future

Credit and debit cards will become obsolete, according to a report called Imagine 2030 published by Deutsche Bank. Smartphones and other electronic devices will replace them.

Cryptocurrencies will no longer be seen as outliers, but as alternatives to existing monetary systems. Their benefits such as security, speed, minimal transaction fees, ease of storage and compatibility in the digital age will be recognized.

Concrete regulatory rules will popularize cryptocurrencies and increase their adoption. The report predicts that the number of cryptocurrency wallet users will reach 200 million by 2030 and around 350 million by 2035.

An opportunity to be part of a growing Community

WazirX’s #India Wants Crypto the campaign recently completed in 600 days. It has become a grassroots movement supporting the adoption of cryptocurrencies and blockchain in India.

Also, the Supreme Court’s recent judgment overturning the RBI’s ban on crypto banking from 2018 has created a new surge of confidence among Indian bitcoin and cryptocurrency investors.

The 2020 Edelman Trust Barometer Report also shows people’s increasing trust in cryptocurrencies and blockchain technology. According to the findings, 73% of Indians trust cryptocurrencies and blockchain technology. 60% say the impact of cryptocurrency/blockchain will be positive.

By becoming a cryptocurrency investor, you become part of a thriving and rapidly growing community.

Increased Profit Potential

Diversification is a basic investment rule. Especially in these times when most of the assets have suffered huge losses due to the economic difficulties caused by the COVID-19 pandemic.

While investing in Bitcoin has returned 26% year-to-date, gold has returned 16%. Many other cryptocurrencies have recorded triple-digit ROIs. As we all know, stock markets have shown dismal performances. Crude oil prices fell below 0 in April.

Including bitcoin or any other cryptocurrencies in your portfolio will protect the value of your fund even in uncertain global market conditions. This fact was also influenced by billionaire macro hedge fund manager Paul Tudor Jones when he announced plans to invest in Bitcoin a month ago.

Cryptocurrency Markets Available 24X7X365

Unlike regular markets, cryptocurrency markets work around the clock, all days of the year without fatigue. This is because digital currency systems are designed using pieces of cryptographically protected software code.

The operational plan does not involve human intervention. So you are free to trade crypto or invest in digital assets whenever you want. This is a great benefit! Cryptocurrency markets are very efficient in this way.

For example, Bitcoin has successfully processed transactions with a 99.98% uptime since its inception in 2009.

Tweet: https://twitter.com/fernandoulrich/status/1185368277557620736

No paperwork or clearance is required

You can invest in bitcoin or any other cryptocurrency anywhere and anytime without any unnecessary terms and conditions.

Unlike conventional investment options where an absurdly high amount of documentation is required to prove yourself as an “accredited investor”, crypto-investing is free for all. In fact, this was the intended purpose behind the creation of cryptocurrencies. Democratization of finance/money.

To buy any cryptocurrency VizirX, you need to open an account, for which you just need to provide some basic information, including your bank account information. Once they’re approved, you’re ready to go within hours.

Sole Ownership in Investment

When you buy Bitcoin or any other cryptocurrency, you become the sole owner of that digital asset. The transaction takes place in a peer-to-peer agreement.

Unlike bonds, mutual funds, stock brokers, no third party “manages your capital” for you. You call the sales staff whenever you want.

User autonomy is the biggest advantage of cryptocurrency systems, which provides incredible opportunities to invest your main capital and build a corpus “independently”.

These were some of the advantages of investing in cryptocurrencies. We hope you find them useful and convincing enough to start your crypto investment journey.

Bitcoin and Binary Options Trading

Binary options have become increasingly popular over the past 2 years. This type of trading is desirable among new traders because they don’t need to actually buy anything, they just need to predict whether the asset will move up or down within a specified time frame. These trades take place over short periods of time (30 seconds, 1 minute, 5 minutes) but can last for months. If a trader predicts wrong, they will surely lose their money. If the trader was right in their prediction, they will get paid 80-85% depending on the broker.

Binary options are sometimes referred to as “all or nothing,” “digital options,” or “fixed return options” (FROs) traded on the American Stock Exchange.

Bitcoin (BTC) is a digital currency that is created and stored electronically and is not controlled by anyone. “Bitcoin is an online payment system invented by Satoshi Nakamoto, who published his invention in 2008 and released it as open source software in 2009. The system is peer-to-peer; users can make transactions directly without the need for an intermediary. recorded in a publicly distributed ledger. The ledger uses its own unit of account, as well as the name bitcoin. The system operates without a central repository or single administrator, which has led the US Treasury to divide it into several categories. decentralized virtual currency. Bitcoin is often called the first cryptocurrency. .. “

Bitcoin as a currency in binary options trading

Bitcoin is currently a widely used currency and many trading platforms accept it as a payment method for their customers’ trading deposits. There are many benefits to using Bitcoin as a currency. The first benefit is that “the cost of the transaction is the lowest of all forms of online payment. This is the reason Bitcoin was created in the first place to reduce the cost of online transaction. Because there is no central authority, there are no service fees when handling, receiving or transmitting Bitcoin.” Another reason why traders use Bitcoin as a currency is that Bitcoin itself can be exchanged and they can earn extra Bitcoins that way.

“By recording all trades in Bitcoin, a trader can protect himself from the volatility of this cryptocurrency, while at the same time earning more from his trading profits.”

Bitcoin as a commodity in binary options trading

With the recent popularity of Bitcoin and its acceptance as a currency, many binary options platforms have started using Bitcoin as one of the currencies to trade. as such an asset. Stockbrokers see value in trading BTC against hard currencies, mainly the US Dollar.

There are 2 main types of Bitcoin binary options platforms today:

  • First generation brokers – binary options platforms that allow you to trade with Bitcoin

  • Second generation brokers – platforms that offer both Bitcoin financing and Bitcoin trading

First generation brokers – Brokers offering Bitcoin trading:

  • Coinut – only Bitcoin options exchange platform; programmed as a solid and Linux operating system distributed on coinut.com

  • BTClevels – Bitcoin binary options trading platform; hassle free btclevels.com with or without registration

  • 24 Options – one of the first brokers to actively offer BTC is 24option.com

Second generation brokers – Brokers offering Bitcoin financing and trading:

  • Traderush binary platform – traderush.com accepts BTC deposits

  • Nadex trading platform accepts -BTC funding and allows BTC trading; nadex.com offers limited risk, short-term trading, transparency and a fully regulated market

  • Satoshi Option trading platform – accepts BTC funding and allows BTC trading; does not require account registration, nor personal information. Payments are instant and the service can be accessed from anywhere in the world at satoshioption.com

  • The BTCOracle platform – the only Bitcoin platform – allows funding and trading of BTC, offering multiple wallet options and complete transparency btcoracle.com

  • Bitstamp platform – As above, BTC only platform – allows BTC trading and funding, but requires access to bitstamp.net

  • Bitcoin Wisdom – Allows you to trade 3 digital currencies, Bitcoins, Litecoins, Altcoins against other real currencies and requires login to bitcoinwisdom.com.

  • Beast Options – allows you to fund BTC and trade Bitcoins and Litecoins; beastoptions.com guarantees fair pricing regardless of market fluctuations

When choosing a Bitcoin broker, it is important to check their terms and conditions, paying particular attention to whether their Bitcoin Assets are stored in “Deep Cold Storage”. This means that bitcoins are secured and stored offline, where they are not vulnerable to hackers.

Avoiding FOMO – How to pick a winning ICO project for long-term value

In a world driven by hype and FOMO [Fear Of Missing Out]every day it becomes clearer that a diligent cryptocurrency enthusiast has to pass the litmus test of choosing a token to support in a world where real viable projects are hard to find and good projects with long-term prospects are even harder to distinguish from cash grabs. ‘shitcoins’.

With recent developments where most new cryptocurrencies have reached record highs and new ICO Projects after Crowdsale fail to live up to their hype, it is now common for disappointed ‘investors’ to blame Social Media instead of blaming the ICO promoters. themselves for not doing their due diligence to pick the most likely post-crowdsale winner before buying a token during the ICO.

From my extensive observations, most crypto buyers simply bought coins during the ICO based on the FOMO (Fear of Missing Out) created by the hype masters behind these coins. Many simply bought without understanding the purpose of the coin after the ICO or what the token was supposed to do after the Crowdsale. When nothing happened after the ICO, as with many ICOs now, they jumped on social media to cry bloody murder.

Recently, me and my team finished a tour to Africa and parts of USA to promote Nollycoin ICO. We’ve organized and sponsored different conferences, held live AMA (Ask Me Anything) press conferences, and held many one-on-one meetings with Crypto whales, small investors, and crypto millionaires of all stripes.

Despite all of this, one thing that amazed me more than anything else was that MOST token holders have NO CLUE about the underlying business or project behind the token sales they are participating in.

What was strange in my observations was the amazing fact that most people couldn’t tell you the value proposition of the project, their goals, or the company’s plan to disrupt the market and capture a share of buyers in their industry. They simply bought the ICO because some telegram or Facebook page they visited told them to “Buy”. Hodl and buy more. Most acted on herd instinct rather than objective thinking.

If most of the people I met now were just teenagers or uneducated people, I wouldn’t be so surprised at the level of ignorance of many of the crypto ‘investors’ I meet. Instead, most of the people I met were college graduates and people of some means. However, less than 10% of them could easily articulate why they bought a coin, expecting it to increase in value over time. Everywhere I went, very few people could tell me the name, experience and skill of the corporate executives of the coin company.

The only thing most of them could point to was that the coins were recommended by ‘respectable’ influencers, which the facts proved, most of them cashed in to create FOMO and gain respectability for otherwise useless shitcoins.

Apart from the so-called fake influencers, many cryptocurrency buyers knew that the names of the team leaders were Russian, Chinese or Korean, although they knew absolutely nothing about them. All you needed to have a successful ICO was to list the names of people from Korea, China, or Russia that you wouldn’t even be able to verify with a simple Google search.

While I agree that there are many things to consider when deciding whether a project’s tokens will increase in value over time, I think the acid test and most immediate evaluation criteria should be the utility of the coin itself beyond what will happen. on cryptocurrency exchanges.

Although most crypto-token holders I’ve met don’t know this, the reality is that if you’ve bought a token from most ICOs, you haven’t really “invested” in that company. You would not buy shares in the company and you would not buy any securities from the company.

And at best, what you were doing when buying tokens during most ICOs was “donating” to a project in exchange for a useful token or coin that legally has no real value from a business ecosystem controlled by the issuing company.

In other words, there isn’t much you can do with a token other than hope that the price of the tokens will “moon” or rise to make you a millionaire, other than enjoy the utility that the ICO company adds to it. if any

Since no one can predict exactly how a cryptocurrency will perform on the cryptocurrency market when it finally gets there, and recent experience has shown that the prices of most tokens will likely fall within the first few weeks of listing (due to large speculator sales), the expected “rollover” in the market otherwise, it would make sense to consider what other value or benefit you can get from your token.

As the cryptocurrency revolution continues to shift, change and adapt to various developments in the market, the only way to ensure that your money is not wasted is to make sure that you can still use these tokens for great value and benefit. even if you can sell it for an immediate profit on the stock market.

When making this decision, you need to ask yourself this key question: What is the value, product, or service that the company selling the token is creating that will provide enough value for my money to make this purchase worth it to me?

In a world of falling token prices on different exchanges, the more opportunities you have to use a token outside of the expected list on a crypto exchange in real life, the better chance you have of not getting frustrated or stranded. signs that are useless to you.

So you have to ask again and again: IF this coin was never traded on an exchange, would I still be happy supporting the vision? If this token has lost 70% of its value on the exchange, can I still use it and get my money’s worth elsewhere?

If after reviewing the WHITEPAPER and investing in the company’s claims, you couldn’t answer these questions in the affirmative, you should think twice before buying that coin.

Recent Case Study

Take a current ICO like Nollycoin, a token powering a blockchain-enabled movie streaming ecosystem. The coin’s promoters have created various beneficial scenarios for the coin’s buyers to ensure that their backers and token hodlers continue to smile regardless of what happens with Nollycoin on the cryptocurrency exchange.

The Nollytainment ecosystem includes some great utilities attached to the Nollycoin token.

• Ability to use Nollycoin tokens to watch exclusive movies in cinemas and movie houses

• Ability to use Nollycoin tokens to access 1000s of movies on Netflix-on-steroids blockchain Movie distribution.

• Ability to use Nollycoin tokens to purchase products and services on NollyMall, which is like Amazon’s platform for entertainment-based products.

• Ability to use Nollycoin tokens to pay school fees on the NOLLY Academy platform and partner companies

As you can see, beyond the usual expectation that tokens will be listed on a cryptocurrency platform, you need to look beyond the hype of the ico and look at the immediate and prospective benefit of the token and the viability of the project behind it.