Use the value field to trade the S&P 500 EMini

The S&P 500 eMini is popular among the four eMini Futures for trading. Traders appreciate the S&P 500 eMini because trading operations offer a ‘middle ground’ compared to its strong brothers Dow-30, emerging leader Nasdaq-100 and hypertensive brother Russell 2000.

S&P 500 eMini (ES) trading You need to understand the market dynamics and feel where the price is going. Careful monitoring of ES daily price movements informs the trader about intraday price trends.

The value area is defined as the Price Range of an instrument in which 70% of yesterday’s volume was traded. The value area is important because it defines the existing ‘Comfort Zone’ where traders can easily trade under neutral bias.

Given the price area, it can point to the Daily Price Direction, taking into account the price movement. The value field for ES is accurate, especially in the Price Direction signal, because ES is the ‘middle ground’ eMini trading tool.

Intraday Price Trends are very useful for traders to quickly decide which trades to make during the day. The discussion of value field signals is coming.

80% Rule Alarm. 80% The rule is simple to understand and very reliable for determining market direction. When the market is above or below the Value Area and enters the Value Zone for two and a half consecutive hours, the market has a 80% chance of filling at least the Value Zone.

The trader has the opportunity to place a trade after the signal is activated and to move the price over the Price Zone before deciding to exit the trade.

Value Above Signal. When the market opens and stays above the value field, this indicates a very strong bullish trend. Institutional buying continues in the market and the market is rising even higher. A trader may try to market Value Area Top with dips before continuing his rally.

The value field is below the signal. When the market opens and stays below the value area, this indicates a very strong bearish trend. Institutional sales in the market continue to lower the market. You can sell to market rallies, for example, as an experiment under the Price Field, but you don’t want to trade for long when institutions sell.

Support / Resistance Signals. The bottom and top of the Value Area are excellent support and resistance levels. For example, if you were well above the Price Area, you would place a sell stop just below the top of the Price Area, because if the market enters the Price Zone, a strong bearish trend is indicated. If you want to buy and the market is below the Price Area, you would place your purchase order slightly above the Price Zone, because if the market enters the Value Zone, it indicates a strong bullish trend.

In addition, observing other eMinis as they approach the ES’s Price Area above or below can be very helpful in guiding a trader’s decision. For example, if the ES is inside the value zone, but only slightly below the top of the value zone, and the Nasdaq eMini demonstrates strength, the ES will penetrate to the top of the value zone and give a buy signal. If the Nasdaq shows weakness, the ES is more likely to fall above the value zone, which indicates an approach and Sales.

As a result, the S&P 500 is an excellent way to decipher the direction of the market, given the value-added movement of the eMini. The more a trader follows eMini’s Price Transaction to the Value Area, the better it “adapts” to the trader’s dynamics.

How popular is the South African Krugerrandi?

History

Kruggerand is the most famous ounce of gold. The first Krugerrand was issued in 1967, and since then the South African coin has remained a favorite choice for investors.

South Africa’s symbolic bullion coin is the cornerstone of the private property of gold and has changed the industry.

Krugerrand became so popular around the world that he inspired other nations to cut their own 1-ounce gold coins, such as the Canadian Maple Leaf, the Australian Nugget, the Chinese Golden Panda, the American Golden Eagle, and the British Britannia.

One of the important treasures of Krugerrands is its history and popularity. It is the best-selling and collected coin in the world. If you want to invest in gold, South Africa’s Krugerrand Road is the safest and right way!

In general, gold coins have a common advantage over ingots and jewelry. For starters, it is provided by governments, which allows them to be recognized around the world. This means that you can sell your 1oz money almost anywhere in the world without the hassle of verifying authenticity.

The cost of legal debt

South African coins have been legal since they were minted. Krugerrands have no monetary value, ie their legal debts are valued at the market price of gold. Thus, you have the right to exchange the Krugerrand coin for 1 ounce of gold.

Cost

Krugerrand has a slight advantage over other 1-ounce bullion coins, as they offer slightly lower prices than the American Golden Eagle and the Canadian Golden Maple Leaf. 1-ounce bullion coins are generally the most profitable gold investment, and slightly lower prices give Krugerrand an additional advantage over other coins.

Sustainability

Krugerrand is a 22-carat alloy of more than 90% gold and a small amount of silver and copper. This blend gives Krugerrand a golden-orange sheen, and pure gold makes it more durable as it is extremely soft and easily damaged.

The 22-carat Krugerrand coin has a stronger composition than other bullion coins and is not easily damaged.

6 reasons to own gold

Cost storage date

Gold is volatile, but the value of gold will never be zero. Unlike paper currency, coins, or other assets, gold has retained its value for centuries. People see gold as a creature to keep in a family and pass on their wealth from generation to generation.

Weakness of the US dollar

When times are uncertain, people are looking for alternatives to invest in. The US dollar is one of the world’s most important reserve currencies, but when the dollar weakens against other currencies, people tend to invest more in gold, which raises gold prices – a perfect example, when the price was around 1998-2008. three times. Gold reached the $ 1,000 / oz level in early 2008 and nearly doubled between 2008 and 2012.

Inflation

The simplest way to explain this is that as the cost of living increases, so does the price of gold.

Uncertainty in the world

When times are uncertain in the financial / political sector, the stock market shrinks, businesses can’t get loans as easily as before, and confidence in the government weakens – then gold usually appreciates. Why? New investors are coming to Gold price increases because investors believe that gold will be a good investment.

Anonymity

Investors can buy and obtain physical gold privately and anonymously.

Besides …

Gold is a universal currency, a storehouse of material value and protection of wealth.

Physical gold cannot go bankrupt or break. Gold bullion will never fulfill its promises and obligations.

Bottom line

Although gold prices may change in the short term, they have always maintained their value in the long run.

A brief introduction on how to buy Bitcoins as a currency traded these days

Bitcoins, a popular form of currency, are gaining popularity around the world these days, and as a result, many people have shown interest in buying them. Although many financial executives offer people not to accept this cryptocurrency because of its variable value, it is still rapidly accepted. To buy Bitcoins, you can fill out all the online information, register for free in the wallet system, or download a mobile application and start investing in them. Once you have people, a simple bank payment method can be used to change them. However, since security is a key factor, it is important that these wallets remain secure, and therefore we should be able to choose a bitcoin service such as coin-based wallets that have high standards and are easy to use.

While an online wallet is a convenient method to buy bitcoins, there are several other options like choosing a bitcoin trader. Because they are traitors, it is important to choose the right one, and one must be careful about them. When looking for a Bitcoin wallet system, while there are numerous built-in exchanges that offer wallet services to users, an individual should choose one that has multiple signature capabilities. Users can also use the bitcoin exchange search on their respective computers or mobile phones, and learn some of the person’s extensive exchange information available around the world and check their current status by entering some general information, such as entering their country’s name. status. With a variety of options in the market, such as local bitcoin services that help users exchange cash, users can also use the liquid money in their hands. These areas allow users to visit the nearest bank branch to deposit cash and get bitcoins after a while.

Many people believe that bitcoins represent a new era of digital currency and are often confused with them. However, since the bitcoin chain system is completely computerized, they are very simple and easy to buy and use, and hell, especially when it comes to international transactions. Because exchanges require different payment processes, such as credit or debit cards, buyers can also make purchases online by opening an account based on the appropriate geographical location. Exchanges will deposit bitcoins on behalf of individuals and submit them to the appropriate wallets upon receipt of payments after verification. They require some payments for this. The whole process can be time consuming. Many people who learn how to buy bitcoins can also use the PayPal method for financial relationships.

The technique deal you are waiting for

Everyone loves a bargain.

We love the feeling of discovering a hidden pearl that everyone has come to ignore. Unvalued Grape Corvette, you can easily curtain with a small scratch on the quarter panel. HD big screen TV in the open box of your local electronics store.

You take a picture.

But even the smartest market hunters have nothing to do with investors looking for the “next big thing.” In fact, this speculative speed to “get in early” often seriously misleads investors.

Emotions are improving as key parts turn short-term market trends into a major stock trading driver.

This leads to unfounded expectations and equally unreasonable stock prices.

Leads to irrational trading.

This year is one of the best examples of irrational expectations Advanced Micro Devices Inc. (Nasdaq: AMD).

Evidence of cryptocurrency

In July, stocks were at a high level due to revenue streams from the growing cryptocurrency mining market. Ethereum was the “next big thing” and investors were speculating a lot about AMD’s value, despite signs that the trend would not continue.

Even Wall Street analysts have been guilty of boosting AMD’s stock in the Ethereum fashion, with some raising their ratings and price targets to unsustainable levels. AMD’s stock was quickly thrown into a much-bought territory by the effects of a wild wave of fashion and emotional investment.

At the time, AMD had to make an adjustment because “profiteers were emerging and the brokerage community was starting to sound more rigorous with contingent valuation issues and cryptocurrency traps.”

Morgan Stanley did it this week. The brokerage said “AMD’s cryptocurrency mining-related sales for graphics chips will fall by 50% next year, or $ 250 million in revenue.” Morgan Stanley noted that video game console sales will decline by 5.5% in 2018, but that is a decline for AMD, and investors were already expecting this, given the age of the current generation of consoles.

After the report, one could almost hear the heartbreak of cryptocurrency speculators as AMD shares fell 9%.

Real AMD

We need to take a look at 2016 to remember the real reason you are investing in AMD. The company caught fire early last year when it previewed several new chips, including a new CPU (Ryzen) and new chipsets. graphics processing unit (GPU), Vega. Both products were promising, and AMD was expecting strong sales after the chips were launched.

However, both Ryzen and Vega have dashed their analytical expectations. When it hit the market earlier this year, the sister chip, nicknamed Ryzen and Threadripper, not only surpassed Intel Corp.’s rival chips (Nasdaq: INTC), but also surpassed them in price. Meanwhile, Nvidia Corp. (Nasdaq: NVDA) The Titan Xp introduced the GPU as the fastest in the world, but AMD’s best Radeon Vega Frontier Edition GPU quickly stole the title.

As a result, AMD’s market share in the desktop market increased by about 45% to its highest level in 10 years – 31%, while Intel’s share fell to 69%. It is also stealing the server side and data center market share from Intel through the increasingly popular Threadripper CPU.

And these are just AMD’s core business operations. When it comes to areas such as virtual reality, driverless vehicles and artificial intelligence, AMD is already at the forefront and ready to become a market leader.

At this point, many of you may be asking, “What is AMD’s weak earnings report last week?”

And I would be faced with this: “Which weak earnings report?”

Just look at the numbers. AMD earned $ 71 million in the last quarter, earning $ 1.64 billion. Not only did Wall Street exceed those expectations, it lost 50 cents a share last year to $ 1.31 billion. In addition, AMD has raised its annual revenue growth forecast for middle-aged and older youth by more than 20%.

So why did AMD’s shares fall by about 20% after such a stellar report? Because the company said its fourth-quarter earnings would fall by 15% in a row (although that’s a 20% increase over last year). Once again, everything reaches the level of an irrational bargain hunt and a very emotional trade.

Investing in Advanced Micro Devices

But it brings you luck! This emotional storm left AMD trading at a significant discount … and a fair deal given the potential for significant growth – AMD is expected to increase sales by about 17% next year, 12.3% for Nvidia and 2.3% for Intel. %. .

The shares are up more than 30% up until next year. Alibaba Group Holding Ltd. (NYSE: BABA) How many big companies can you say outside?

So ignore the cryptocurrency warning and focus on AMD’s core products and potential with leading technologies such as AI and data centers. I won’t promise you a smooth ride, but it should be a very affordable boat.

Everything you need to know about ICOs

What is an ICO: Although Bitcoin has long been interpreted and understood as a step towards a digital currency, it has gone through a period of existence and promises of a potential future. In the years following the maturation of Bitcoin, the cryptocurrency ecosystem exploded. Among the accelerating birth rates of freshly issued coins is a type of transaction called the “First Coin Offer” or ICO. The ICO is a financial support tool that encompasses long-term cryptocurrency trading in reciprocity with the rapid value of today’s cryptocurrencies. According to The Financial Times, ICOs are uncontrolled by laws on the supply and distribution of cryptocurrencies that can increase investors’ money.

The Economist, on the other hand, describes the ICO as digital tokens issued in the irreplaceable distribution of records and blockchains.

In hindsight, ICOs are a catapult for emerging cryptocurrencies.

Laws: Smith + Crown explains that most ICOs are trademarks of a pre-sale period. To cope with legitimate needs, ICOs are now ‘crosssale’ or ‘donation’ languages ​​instead.

Is there a chance that the ICO can slow down? In this regard, Crypto Hustle, in a recent article, wrote that the ICO hysteria is due to people who accepted Ethereum as the earliest and are now interested in returns. Thus, it is unlikely that the flavor search stages will last long, but we will see which cryptocurrencies remain in place when the adjustments come.

If the ICO is a credible habit: What if you don’t take a risk, if you don’t take a risk, without paying attention to the end of capitalism, or without paying attention to the fact that this subject can bury you without capital? go on, you are rich.

Now that we have gathered information about ICOs, let’s get to the last question.

What is the future of ICO: According to a 2017 study, “about 46% of ICOs did not reach the fruit stage, despite earning $ 104 million.”

Reasons:

  • The risk of investing in cryptocurrency is growing.

  • Draconian rules.

  • Difficult races.

  • Revenue reduction.

  • The volatile nature of cryptocurrency.

China has banned ICOs, and Russia has introduced completely different rules and regulations for ICOs, promising to sell back signs to investors. Promoting the ICO on Google and the facebook is difficult, and Twitter has deliberately banned cryptocurrency accounts. Senior officials believe the blockchain is the future of survival, but the ICO? The future rots in the skin of its own struggle to cross this extra bridge to prove its reliability.

Yes. The death of the ICO seems really big in the air, and before we knew it, it could get mixed up and disappear like it never did in the economy. But there are still some coins that can turn into the next Bitcoins that you should look for in the best ICOs.

Cryptocurrency: Fintech Disruptor

Blockchains, side chains, mining – terminology in the world of secret cryptocurrencies is accumulating minute by minute. While it may seem unreasonable to impose new financial terms in an already complex financial world, cryptocurrencies offer one of the biggest concerns in today’s money market – a much-needed solution to operational security in the digital world. Cryptocurrency is a definite and disruptive innovation in the fast-moving world of fin-tech, a response to the need for a reliable means of exchange in the days of virtual transactions. At a time when deals are just numbers and figures, cryptocurrency offers to do it!

Cryptocurrency in its earliest form is a testament to an alternative virtual currency that promises secure, anonymous transactions through a peer-to-peer online network. The wrong name is more of a property than an actual currency. Unlike everyday money, cryptocurrency models operate as a centralized digital mechanism without a central authority. In a distributed cryptocurrency mechanism, money is given, managed and approved by a network of collective community peers – known as sustainable activities mining in a peer machine. Successful miners also earn money by valuing the time and resources they use. Once used, transaction data is transmitted to a blockchain on the network under a public key, preventing each coin from being spent twice by the same user. Blockchain can be considered as cash register. The coins are protected behind a digital wallet that is password protected by the user.

In the digital currency world, the supply of coins is pre-determined without manipulation by any person, organization, government agency or financial institution. The cryptocurrency system is known for its speed, as digital wallet transactions can earn money in minutes compared to a traditional banking system. It is also largely irreversible with its design, which further strengthens the idea of ​​anonymity and eliminates the possibility of returning the money to the original owner. Unfortunately, the notable features – speed, security and anonymity – have made crypto coins a method of transaction for many illegal trades.

Like the money market in the real world, exchange rates fluctuate in the digital coin ecosystem. As the demand for currency increases due to finite coins, coins lose value. Bitcoin is the largest and most successful cryptocurrency to date; market capitalization is $ 15.3 billion, occupying 37.6% of the market and currently at $ 8,997.31. Bitcoin was bought at $ 19,783.21 per coin before facing a sharp decline in 2018, hitting the foreign exchange market in December 2017. The decline is partly due to the rise of alternative digital coins such as Ethereum, NPCcoin, Ripple, EOS, Litecoin and MintChip.

Due to strictly coded supply constraints, cryptocurrencies are thought to follow the same principles of the economy as gold – prices are determined by limited supply and demand fluctuations. With continued fluctuations in exchange rates, their sustainability will still be seen. As a result, virtual currency investments are more speculative than the daily money market.

After the Industrial Revolution, this digital currency was an indispensable part of the technological breakdown. From the point of view of a casual observer, this rise may at once seem alarming, dangerous, and mysterious. While some economists are skeptical, others see it as a lightning revolution in the money industry. Conservatively, digital coins will replace a quarter of national currencies in developed countries by 2030. This has created a new class of assets alongside the traditional global economy, and a new investment vehicle will emerge from cryptocurrency in the coming years. Recently, Bitcoin may have dipped a bit to focus on other cryptocurrencies. However, this does not mean that the cryptocurrency itself will not collapse. While some financial advisers emphasize the role of governments in overthrowing the underworld to regulate the central governing mechanism, others insist on continuing the existing free flow. The more popular cryptocurrencies are, the more research and regulation they involve – a common paradox that condemns the digital note and erodes the very purpose of its existence. In both cases, the lack of intermediaries and control makes it very attractive to investors and leads to a sharp change in daily trading. The International Monetary Fund (IMF) fears that such cryptocurrencies will displace central banks and international banking in the near future. After 2030, regular trading will be dominated by a crypto supply chain that will offer less friction and more economic value among technologically good buyers and sellers.

If cryptocurrency wants to be an important part of the existing financial system, it must meet very different financial, regulatory and social criteria. To provide the main benefits to the underlying money system, hackers must be sustainable, consumer-friendly, and strictly protected. It should protect the user’s anonymity without money laundering, tax evasion and internet fraud. Since these are an absolute necessity for the digital system, it will take a few more years to understand that cryptocurrency can compete with the real world currency. Most likely, the success (or failure) of cryptocurrency in overcoming difficulties will determine the fate of the monetary system in the coming days.

Coinbase: A Bitcoin is spreading to capture more of the Startup Market

The price of Bitcoin rose in 2017. Coinbase, one of the world’s largest cryptocurrency exchanges, was in the right place at the right time to take advantage of the spike of interest. However, Coinbase is not interested in accepting crypto earnings as normal. To advance in a larger cryptocurrency market, the company is again raising money for its master plans. By 2017, the company’s revenue was reported at $ 1 billion and more than $ 150 billion in assets had been sold among 20 million customers.

Coinbase, a San Francisco-based company known as the leading cryptocurrency trading platform in the United States, fell to 10th place in 2018 on the CNBC Disruptor list in 2018 with its continued success. .

On the way to success, Coinbase, the New York Stock Exchange, Twitter, Facebook and LinkedIn did not pose a major poaching problem. The number of staff engineers has almost doubled this year.

Earn.com was bought by Coinbase for $ 100 million this April. The platform allows users to send and receive digital currency while responding to mass market emails and performing micro-tasks. Currently, the company plans to bring in former venture capitalist Andreessen Horowitz, Earns founder and CEO as chief technology officer for the first time.

According to current estimates, Coinbase valued itself at $ 8 billion when it began buying Earn.Com. This value is significantly higher than the value estimated at $ 1.6 billion in the last round of venture capital financing in the summer of 2017.

The top VCs, including Coinbase, Union Square Ventures, Andreessen Horowitz and the New York Stock Exchange, declined to comment on the valuation, despite having more than $ 225 million in funding.

To meet the needs of institutional investors, the New York Stock Exchange plans to launch its own cryptocurrency exchange. NYSE rival Nasdaq is considering a similar move.

• Competitive Income

While rival organizations are trying to take something from Coinbase’s business, Coinbase is looking for other venture capital opportunities to build a ditch around the company.

Nomura instant analyst Dan Dolev said Coinbase could eat in the exchange business as Square, led by Twitter CEO Jack Dorsey, began trading cryptocurrencies in the Square Cash application in January.

According to Dolev’s estimates, Coinbase’s average trading fee in 2017 was about 1.8 percent. These high fees can take users to other cheaper exchanges.

Coinbase wants to be a window for institutional investors while maintaining the exchange business. To attract this white glove to the investor class, the company announced a new product park. These investors were especially careful to dive into the class of volatile cryptocurrency markets.

Coinbase Prime, Coinbase Institutional Coverage Group, Coinbase Guardianship and Coinbase Markets are the products launched by the company.

Coinbase feels there are billions of dollars of institutional money that can be invested in digital currency. It already has a $ 9 billion customer base.

Although Coinbase knows that it has not seen any attacks like other global cryptocurrency exchanges, institutional investors are concerned about security. The president of Coinbase and the COO said the impetus to take control of Coinbase last November was the lack of a trusted guardian to protect crypto assets.

• Currently switching from Wall Street Bashing Bit to Cryptocurrency Supporter

According to the latest information from the Autonomous Next Wall Street, interest in cryptocurrency is growing. There are currently 287 crypto currency hedge funds, compared to only 20 crypto currency hedge funds available in 2016. Goldman Sachs even opened a cryptocurrency trading desk.

Coinbase also introduced Coinbase Ventures, an incubator fund for early stage startups working in cryptocurrency and blockchain. Coinbase Ventures has raised more than $ 15 billion for future investments. The first investment was announced at a startup called Compound, which allows you to lend or borrow cryptocurrency while earning interest rates.

In early 2018, the company launched Coinbase Commerce, which allows merchants to accept major cryptocurrencies for payment. Another bitcoin startup was BitPlay, which recently raised $ 40 million in venture capital. Last year, BitPlay used more than $ 1 billion in bitcoin payments.

Proponents of blockchain technology believe that cryptocurrency may eliminate the need for central banks in the future. During this period, costs will be reduced and a centralized financial solution will be created.

• Regulatory Security remains tight

Coinbase has been widely criticized for limiting access to the four cryptocurrencies. But U.S. regulators need to be careful when considering how to provide police with certain uses of the technology.

A concern for cryptocurrency exchanges such as Coinbase is whether cryptocurrencies are securities under the jurisdiction of the Securities and Exchange Commission. Coinbase is slow to add new coins as the SEC announced in March that it would impose security laws on all cryptocurrency exchanges.

The Wall Street Journal reported that Coinbase met with SEC officials to register itself as a licensed broker and e-commerce site. In such a scenario, it would be easier for Coinbase to support more coins and follow security rules.

Garbage Silver – 3 reasons to buy the best metal in preparation for the economic crisis

Despite the name, it is not unnecessary silver garbage. The term harmful silver refers to coins minted in the United States before 1965. These are coins with 90% silver and 10% copper. The U.S. government stopped producing 90% silver coins in 1964, but continued to mint 40% silver and a half dollars in 1965-1970.

The first reason it is the best precious metal to buy is its availability.

You do not need a lot of money to buy it. In fact, you can buy as little as a penny on eBay. As with everything, the less you buy, the higher the reward. It is bought and sold at face value of $ 1.00. 10 cents is sold for 4 quarters or 1 and a half dollars and 5 cents. Coins with a face value of only $ 1.00 weigh the same when minted and contain the same silver content.

The second reason is easy recognition.

Most people in the world have seen a quarter, a penny or half a dollar in the United States. This is very useful when it comes time to verify on the move. This is what makes it so valuable during the economic crisis. You can use it to make transactions every day without fear of rejection because the seller knows if it is genuine.

The third reason is that the exchange is small enough to be used for daily purchases.

The last thing you want in an economic crisis is to have ingots worth $ 1,000 per coin when you need to buy a loaf of bread. Today, a 90% silver coin is worth $ 2.95, if you buy 10 it is worth $ 1.50. Similarly, if you buy 10 embryos, you can buy a single quarter for $ 5.75 and $ 3.75. For this reason alone, you should first buy unnecessary silver. When you have a reserve of 1 year (at least), you should start buying lesser-known gold and silver bullion.

In summary, silver is the best precious metal to buy because it is accessible, easily recognizable, and comes in as small a quantity as can be used for daily operations.

Is now a good time to buy Bitcoins?

If you’ve been following the news for the last month or so, you’ve probably seen a couple of stories about Bitcoins. For years, this cryptocurrency has been a favorite among fans of Magic The Gathering and those who want to exercise a chemical addiction without being caught by the authorities.

With each passing day, Bitcoins find their way to major markets and are ready to become a real alternative to government-provided money. On top of all this, there is a steadily growing “stock exchange” for Bitcoins, which makes smart day traders rich. Can you be one of the traders that day? Will you ever buy Bitcoins at your favorite online store? Now let’s explore below to better understand why you should buy Bitcoins.

Exchange rates are still favorable

Most people who want to buy bitcoins do so for the value of the investment. A little over a year ago, Bitcoins were about $ 40 each. Last month, the currency hit an all-time high of about $ 206 and is currently stable at $ 100. Luck was brought by buying Bitcoins and selling them at the right time.

Last month, a Bitcoin mini-balloon exploded, scaring several inexperienced investors; but this is in fact a coherent phenomenon. What is important to understand is that the currency jumps to a higher value each time it recovers. Volatile; but very profitable. Moreover, if there is a limited number of Bitcoins, the value is expected to continue to climb in the near future.

Every day new websites take Bitcoins

What causes this growth? This is not just speculation, it could lead to the collapse of Bitcoin, like other cryptocurrencies in the past. Bitcoin lives and continues to grow because it sees the ability to adopt online. Currently, this is limited to single outlets. Online clothing stores, service providers (coding, design, etc.) and other “innovation” products still make up the majority of Bitcoin users; but they are only the first wave.

Currently, PayPal is trying to find a way to transfer Bitcoin to the current model, and this may indicate that the partner eBay is not behind. This will cause an explosion in the online use of Bitcoin. In addition, there is an offline with the opening of the first Bitcoin ATM earlier this month. Content collection site Reddit published an article earlier this week depicting a market with its own “Accept Bitcoin” sticker, the only thing holding them back is a better app.

Bitcoin is still in the “Ground Stage” stage

The biggest reason you buy Bitcoins is that this currency is still on the first floor. All indicators point to a currency that will see huge leaps in value and application in the near future. Those who have already invested in Bitcoin and jumped in the near future expect large returns on their investments.

Will you make a wise choice, or will you hit yourself because you missed the next big thing?

Risks, rewards and ICO threats

Bitcoin created a revolution by introducing the first centralized digital currency in which people and businesses managed their transactions instead of banks and credit cards. Now we have another revolution in the form of the Initial Coin Proposal (ICO).

What is an initial coin offer (ICO)?

ICO is a relatively new fundraising tool that startups can use to raise capital through cryptocurrencies / tokens. Here, investors collect money from either Bitcoins, Ethereum, or other cryptocurrencies. This is like any other mass fund form.

Benefits of ICOs

Like Bitcoin, the main benefit of ICOs is that startups do not have to deal with third-party authorities, such as banks and risk capitalists. ICOs provide a number of other conveniences:

  • Raise capital from anywhere in the world

  • Potentially high returns for investors

  • Fast and easy fundraising

  • The principle of limited demand, in which cryptocurrencies gain value in the future

  • Tokens have a liquidity premium

  • Operating fees are less than zero

ICOs began to gain popularity in 2017. Since May 2017, the ICO has been a great example for a new web browser known as Brave. It grossed more than $ 35 million in 30 seconds. In October of that year, total ICO coin sales at that time were $ 2.3 billion, 10 times more than in 2016.

ICO risks and dangers

As with any new technology, especially given the millions of dollars involved, there has been criticism and research by regulators. ICOs focus on risks, fraud, and controversy, which has brought them to the attention of professional businesses and government officials.

Some common risks associated with an ICO include:

Lack of regulation

This is perhaps the biggest problem facing the ICO. Because they do not follow the laws and regulations of centralized bodies, ICOs face a lot of speculation, controversy, and criticism about their legitimacy.

In the United States, the US Securities and Exchange Commission (SEC) has not yet recognized ICO tokens and investments, which creates uncertainty over their regulation. For this reason, it may be better to invest in start-up ICOs that are affiliated with law firms.

High Potential for scammers

Another thing about not regulating ICOs is the potential for fraud or fraudulent attacks. Those who bet on ICOs are usually simple investors.

Investors do not know whether an unpublished project will ever be released. ICOs do not disclose any personal information. So, as far as they know, everything is a big dirty money laundering scandal. On the other hand, there have been cases of this with mass funding.

Ali Chance of failure

A startup that acquires capital through ICOs has a higher chance of failing. In fact, a report prepared by a small team from Boston College in Massachusetts found that 55.4% of miracle projects failed in 4 months.

The result

In the end, ICOs are a fast and efficient mass financing opportunity, but they pose enormous risks in terms of security, regulation, and high chances of failure. It works for some beginners, but the vast majority can’t. It depends on whether it’s a moral thing, how you think about the results, and how good your marketing skills are.