Crypto TREND – Second Edition

In the first issue of CRYPTO TREND, we introduced Crypto Currency (CC) and answered some questions about this new market area. There is a lot of NEWS in this market every day. Here are some key pointers in moving forward with your new site.

The world’s largest futures exchange to create a futures contract for bitcoin

Chicago Mercantile Exchange (CME) President Terry Duffy said: “I think you will see us in the second week of December [bitcoin futures] contract for listing. You can not reduce bitcoin today, so it can only go one way. You either buy it or you sell it to someone else. So you create a two-way market, I think it is always much more efficient. ”

CME plans to launch bitcoin futures by the end of the year, pending regulatory review. If successful, it will allow investors to go “long” or “short” on bitcoin. Some traders on the stock exchange have applied for bitcoin ETFs, which trace bitcoin futures.

These developments allow people to invest in cryptocurrency without having to own CC directly or through CC exchange services. Bitcoin futures can make digital assets more useful by allowing users և brokers to hedge their currency risks. This may increase the acceptance of cryptocurrency by traders who want to accept bitcoin payments but are wary of its volatile value. Institutional investors are also accustomed to trading in regulated futures that do not suffer from money laundering concerns.

The CME move also suggests that bitcoin has become too large to be ignored, as the exchange seems to have ruled out cryptocurrencies not so long ago. Bitcoin is all that is being talked about in brokerage and trading companies that have suffered in the face of growing but unusually quiet markets. If futures on the stock market rise, it will be almost impossible to reach any other stock exchange, such as the CME, as scale-liquidity can be gained in derivatives markets.

“You can not ignore the fact that this is becoming more and more a story that will not disappear,” Duffin told CNBC. There are “major companies” that want to access bitcoin, there is “huge closed demand” from customers, he said. Duffy also believes that bringing institutional traders to market can make bitcoin less volatile.

Japanese village to use cryptocurrency to raise capital for urban revitalization

The Japanese village of Nishiavakura is exploring the idea of ​​conducting an Initial Coin Offering (ICO) to raise capital for urban revitalization. This is a very new approach, they can ask for the support of the national government or seek private investment. Several ICOs have had serious problems, և many investors are skeptical that any new sign will have value, especially if it turns out that the ICO is just another joke or scam. Of course, Bitcoin was not a joke.

INITIAL COIN OFFER – (ICO)

We did not mention the ICO in the first edition of Crypto Trend, so let’s mention it now. Unlike an initial public offering (IPO) where a company sells an actual product or service and wants you to buy shares in their company, the ICO can be anyone who wants to start a new Blockchain project. a new sign on their chain. ICOs are unregulated,: some are completely fake. A legitimate ICO, however, can raise a lot of money to fund a new Blockchain project և network. It is common for the ICO to initially generate a high token price and then soon fall back into reality. Because the ICO is relatively easy to maintain, if you know the technology եք you have a few dollars, it’s been a lot և today we have about 800 tokens. All of these tokens have a name, they are all cryptocurrencies, except for many popular tokens such as Bitcoin, Ethereum and Litecoin, they are called alt-coins. Crypto Trend does not recommend participating in ICOs at this time as the risks are too high.

As we said in issue 1, this market is the “wild west” right now, and we advise you to be careful. Some investors և early adopters have made big profits in this market area. however, there are many who have lost a lot or all. Governments are discussing regulations because they want to know about every transaction to tax everyone. They all have huge debts, they are closed for cash.

So far, the cryptocurrency market has avoided the financial problems and pitfalls of many state-owned traditional banks, and Blockchain technology has the potential to solve many other problems.

The great feature of Bitcoin is that the originators chose a limited number of coins that could ever be created – 21 million, thus ensuring that this cryptocurrency can never be blown. Governments can print as much money (fiat currency) as they want to inflate their currency to death.

Future articles will delve into specific offers, however make no mistake, early investments in this area will only be for your most speculative capital, the amount you can afford to lose.

CRYPTO TREND will be your guide if you are ready to invest in this market area.

Stay with us!

Economics book review – The Rise of Money, World Financial History by Neil Ferguson

Cryptocurrency is a digital asset that is mainly used as a transaction tool to secure financial transactions, control the creation of additional assets, and control the transfer of any asset with the help of powerful cryptographic technology. It is also known as digital currency or virtual currency. Unlike central banking systems, it is a decentralized control և financial transaction system that operates through a blockchain, used primarily for financial transactions.

The first decentralized virtual currency developed in 2009 was bitcoin, known as a virtual currency, which operates independently without the help of a central bank or administrator. Since then, about 4,000 altcoins of various versions of bitcoin have been developed. Bitcoin is considered to be an equivalent electronic cash system, where users make transactions directly without any intermediary.

Blockchain is a data file consisting of multiple blocks that keeps track of all previous bitcoin transactions. The normal average time for each block is about 10 minutes. The most common use of Bitcoin is supported by an external software called Bitcoin Wallet. Using this software, you can easily store, receive and manage bitcoin unit transactions. To make transactions with Bitcoin, you need to have an account in one of the bitcoin exchanges around the world to transfer fiat currency to that account. Thus, the account holder can make future transactions using these funds. In addition to bitcoin, some other sources of cryptocurrency include oil, which is mainly used for oil: mineral resources.

There are some pros and cons to using digital currency. The main advantages of using virtual currency are the following:

• Provides a fast transparency layer.

Bitcoin usually operates with the help of registers called Blockchain, which registers and monitors each transaction. When the transaction is և recorded in this log, it is considered static. These transactions can be further verified at any time, և in addition, it also և provides security և confidentiality of all transactions made through a particular account.

• Fast development և portable use.

Billions of dollars of bitcoin can be easily transferred from one place to another without the help of a single memory disk. Involvement of any third party in any type of transaction can be eliminated using this bitcoin technology. This will result in an easy և quick transaction without third party approval.

• Low transaction costs.

The transaction costs of these digital currencies are much lower, which makes it more affordable than the real currency for people all over the world. Consequently, the value of any transaction is much lower, which turns out to be a favorable feature for the population when they make a transaction.

• Fight և eradicate poverty.

Often the banking systems և financial institutions do not provide assistance և especially to the backward classes of rural areas. Bitcoin serves as an alternative when it extends its solid financial services to anyone with Internet access. It often serves as a support for the poor and oppressed, who in many cases are not given a viable alternative.

When a new or latest technology appears, there are some negative factors associated with its use, which are as follows:

• Ignorance of the population և unreliable approach.

Due to the lack of knowledge about digital currency, people are more likely to have mistrust in its widespread use. Consequently, there are very few business systems that accept these sources of cryptocurrency, thus limiting the number of business systems that prefer to use virtual currency in their day-to-day transactions.

• Non-traceable transactions.

Because bitcoin transactions are non-existent, it allows for criminal transactions. In such cases, drug dealers and honest people use such virtual currency so that their illegal actions are not easily detected.

• Unstable և uncertain nature.

The cryptocurrency is sometimes volatile and continues to change frequently on a large scale. Sometimes people make a lot of money when the market rates for these virtual currencies go up sharply, and sometimes they make big losses when the price goes down.

Cryptocurrency is an innovative but amateurish concept that could potentially disrupt the entire financial market. It is true that this digital currency has attracted the attention of the world in a short time. There are always advantages and disadvantages to every new technology on the market. To make the most of it, you need to look at both sides before making a decision.

Easy ways to reverse the volatility of the bitcoin trade

It would be fair to say that bitcoin has really exploded as far as we know when it comes to cryptocurrency. This popular cryptocurrency has hit investors, traders, consumers alike, and everyone is working on bitcoin trading. It has so much to offer in terms of lower fees, faster transaction speeds, increasing value, which may be why most people choose it for their business. However, this is a hot market համար to grow it you have to be a very smart seller when selling it և buying it. With dedication and discipline you can turn bitcoin instability in your favor. Here are some simple but effective ways you can do this.

Follow the latest Bitcoin news

Not all news affects this currency, but the truth is that there are some materials that can greatly affect its price. By accessing bitcoin և live news և live news, you can catch something in time to make decisions that will bring you success in your business. It helps keep you up to date with the latest Bitcoin news and other unexpected news that could affect its performance.

Use stop losses to your advantage

Whether you are just starting out in business or have been in it for a while, you need to be prepared for times when losses are inevitable. No one trades, expecting to be harmed, but there is always a chance that a reliable stop loss plan will work. Evaluations fluctuate regularly,։ one must be prepared for bad days. The market offers tools that you can automatically adjust to stop losses before they have a serious impact on your profits. Whether you’re trading in bitcoin futures, CFDs or cash, make sure you use a stop loss to protect your open positions.

Understand technical analysis from the inside out

This is very important before joining a business. Given that there is no governing body or bank that will influence Bitcoin valuation, you should be your own judge with more than one power. If you do not understand the basics of the market, you do not even know how to analyze price charts or read price actions, apply indicators, you are doomed to make mistakes. Remember that price models are highly speculative, which makes it possible for you to know all the technical features that are really important.

Be prudent with your levers

Leverage can increase your profits or increase your losses. If you have too much leverage, you will tend to be a little reckless in managing your money և it will eventually blow your trading account. On the other hand, being overly cautious about your leverage can hamper performance, given the premium deals that may not work at full capacity as expected. When it comes to bitcoin trading, you need to take a balancing act to make a good profit.

Do not be afraid, China does not ban cryptocurrency

After the financial crisis in 2008 was published “Bitcoin. An article entitled “Peer-to-Peer Electronic Cash System”, which presents in detail the concepts of the payment system. Bitcoin was born. Bitcoin has attracted worldwide attention for its use of blockchain technology as an alternative to FIA currencies. Called the next best technology after the Internet, blockchain offers solutions to problems we have not been able to solve or ignore in the last few decades. I will not go into the technical side of it, but here are some articles և videos that I recommend.

How does bitcoin work under a hat?

A subtle introduction to blockchain technology

Ever wondered how bitcoin (և other cryptocurrencies) actually work?

Today, more precisely, on February 5, the Chinese authorities have just introduced new regulations to ban cryptocurrency. The Chinese government did it last year, but many bypassed it through currency exchange. It has now mobilized the most powerful “Great Wall of China” to block access to foreign exchange, trying to stop its citizens from trading in cryptocurrencies.

To learn more about the Chinese government’s position, let’s go back to a few years back in 2013, when bitcoin was popular among Chinese citizens and prices were rising. Concerned about price volatility and speculation, the People’s Bank of China and five other government ministries issued a formal notice in December 2013 on the Bitcoin Financial Risk Prevention Notice (citation in Mandarin). Several points were emphasized.

1. Due to various factors such as limited supply, anonymity բաց lack of centralized issuer, bitcoin is not an official currency but a virtual product that can not be used in the open market.

2. All banks և financial institutions are not allowed to offer bitcoin related financial services or engage in bitcoin trading activities.

3. All companies և sites that offer Bitcoin-related services must register with the required government agencies.

4. Because of Bitcoin’s anonymity և Because of its cross-border features, bitcoin-related service providers need to take preventative measures, such as KYC, to prevent money laundering. Any suspicious activity, including fraud, gambling or money laundering, must be reported to the authorities.

5. Bitcoin-related service providers should educate the public about bitcoin’s underlying technology and not mislead the public with misinformation.

In layman’s terms, bitcoin is classified as a virtual product (such as gaming credits) that can be bought or sold in its original form, not exchanged for fiat currency. It can not be defined as money. something that serves as an exchange, a unit of account, a store of value.

Although the notice is dated 2013, it is still relevant to the Chinese government’s position on bitcoin, as noted, there is no mention of banning bitcoin and cryptocurrency. Rather, bitcoin և blockchain regulation and education will play a role in the Chinese crypto market.

A similar announcement was made in January 2017, reiterating that bitcoin is a virtual product, not a currency. The boom in initial coin offerings (ICOs) in September 2017 led to the publication of a separate notice entitled “Preventing the Financial Risk of Notice Issues”. ICOs were soon banned, and Chinese exchanges were investigated and eventually closed. (Hindsight is 20/20, they made the right decision to ban ICOs և to stop pointless gambling). Another blow was dealt to China’s cryptocurrency community in January 2018, when mining operations came under severe pressure due to excessive electricity consumption.

There is no official explanation for the fight against cryptocurrencies, some of the main reasons given by the experts are capital controls, illegal actions, protection of citizens from financial risks. Indeed, Chinese regulators have tightened controls, such as the withdrawal threshold, regulating foreign direct investment to curb capital outflows, and securing domestic investment. Anonymity and ease of cross-border transactions have made cryptocurrency a favorite means of money laundering and fraud.

Since 2011, China has played a key role in the meteorological growth of bitcoin. At its peak, China accounted for more than 95% of the world’s bitcoin trade, or three-quarters of its mining operations. Regulators to control trade and mining operations have begun to control China’s dominance has been significantly reduced in exchange for stability.

As countries such as Korea and India follow the pressure, the future of cryptocurrencies is now being overshadowed. (Here I repeat my view: countries regulate cryptocurrency, not ban it). Undoubtedly, we will see more countries join in the coming months to curb the booming crypto market. Indeed, an order was long overdue. Cryptocurrencies have been experiencing price volatility over the past year, with ICOs occurring virtually every day. In 2017, total market capitalization rose to an all-time high of $ 828 billion in January from $ 18 billion.

However, the Chinese community is in a surprisingly good mood despite the repression. Online offline communities are thriving (I’ve personally attended several events, visited some companies), and blockchain startups are flourishing all over China.

Large blockchain companies such as NEO, QTUM և VeChain are attracting a lot of attention in the country. Startups like Nebulas, High Performance Blockchain (HPB) և Bibox are also getting a lot of attention. Even giants like Alibaba և Tencent are exploring the potential of blockchain to improve their platform. The list goes on and on, but you understand me. it will be HUGGEE!

The Chinese government is also embracing blockchain technology, and in recent years has stepped up efforts to support the creation of a blockchain ecosystem.

In China’s 13th Five-Year Plan (2016-2020), it called for the development of promising technologies, including blockchain and artificial intelligence. It also aims to strengthen research into the use of fintech in the field of regulation, cloud computing and big data. Even the People’s Bank of China is testing a prototype of a digital currency based on blockchain. However, as it is likely to be a centralized digital currency with some encryption technology, its adoption by Chinese citizens is yet to be seen.

The launch of a trusted blockchain open lab, as well as the Ministry of Industry’s Information Technology China Blockchain զարգացման Industry Development Forum, is another initiative of the Chinese government to support the development of blockchain in China.

The latest report from the China Blockchain Research Center, entitled “China Blockchain Development Report 2018”, details the development of the blockchain industry in China in 2017, including various measures taken to regulate cryptocurrency across the continent. In a separate section, the report highlighted the optimistic outlook for the blockchain industry V The massive attention paid to VCs և by the Chinese government in 2017.

In conclusion, the Chinese government has shown a positive attitude towards blockchain technology, despite its application to cryptocurrency mining operations. China wants to control cryptocurrency, China will gain control. Repeated uses by regulators were intended to protect citizens from the financial risk of cryptocurrencies and to limit capital outflows. At the moment, it is legal for Chinese citizens to have cryptocurrencies, but they are not allowed to make any transactions. hence the ban on exchanges. As the market stabilizes in the coming months (or years), we will no doubt see a resurgence of the Chinese crypto market. Blockchain և cryptocurrencies are hand in hand (except in a private chain where the token is redundant). Thus, countries can not ban cryptocurrency without banning blockchain technology.

One thing we can all agree on is that the blockchain is still in its infancy. We have a lot of exciting developments ahead of us, and right now is definitely the best time to lay the groundwork for a blockchain world.

Last but not least, HODL!

Tips to avoid common mistakes made by new bitcoin traders

Investors from all over the world are trying to cash in on the volatile Forex market by trading cryptocurrencies with Bitcoin. Well, getting started online is easy, but you’re aware that there are risks you can not afford to ignore.

As in any speculative or exchange market, bitcoin trading is a disadvantageous business that can cost you a lot of money, especially if you do not understand it. Therefore, it is important that you know the risks involved before making a decision.

If you are new to bitcoin trading, you need to understand the basics of investing in trading.

Avoid the common mistakes that new traders tend to make

Invest wisely

Any financial investment can bring losses, not profits. Similarly, in a highly volatile bitcoin market, you can expect “profit” and “loss”. It’s all about making the right decisions at the right time.

Most beginners tend to lose money by making the wrong decisions, which are mainly due to greed and poor analytical skills. Experts say that you should not start trading if you are not ready to lose money. In essence, this approach helps you overcome the worst of opportunities.

Diversify the portfolio

First, successful traders diversify their portfolios. The risk increases if most of your funds are allocated to one asset. It becomes more difficult for you to cover losses from other assets. You can not afford to lose more money than you invest, so avoid investing more in limited assets. This will help you to maintain a good track record.

Second, investing more cash than you can afford will also weaken your ability to make sound decisions. In many cases, you will have to choose “desperate selling” when the market is experiencing a slight decline. Instead of trying to recover, they wallow in their sadness and thus, experience more failure. The person will feel the desire to sell the holding at a low price, trying to reduce losses.

You will also lose more cash when the market recovers. This is because you will have to buy the same barrier but at a higher price.

Set goals – Emotions blind you

Targeting is vital to any transaction when you trade bitcoin. It helps you stay afloat even in extremely volatile conditions. Therefore, you must first determine the price to stop your losses.

The same rule applies to profit, especially if you allow your greed to prevail. The advantage of setting goals is that you can easily prevent emotional decisions.

Instead, you should work on improving your skills in reading charts and conducting market analysis. It is desirable that new traders close their lost positions within 24 hours to avoid recurring interest payments.

What is cryptocurrency?

Cryptocurrency or cryptocurrency (Saxon cryptocurrency) is a virtual currency that serves the exchange of goods and services through a system of electronic transactions without any intermediary. The first cryptocurrency to be traded was bitcoin in 2009, and since then many others have appeared with other features, such as Litecoin, Ripple, Dogecoin, and so on.

What is the advantage?

The difference when comparing cryptocurrency with ticket money is that:

They are decentralized. they are not controlled by a bank, government or any financial institution

They are anonymous. Your privacy is protected when making transactions

They are international. Everyone’s opera is with them

They are safe. your coins are yours և from none, they are kept in a personal wallet with non-transferable codes that only you know.

It has no intermediaries, transactions are done person to person

Fast deals. They charge interest to send money to another country, և it often takes days to confirm it. cryptocurrencies in just a few minutes.

Irreversible transactions.

Bitcoins և any other virtual currency can be exchanged for any world currency

It can not be forged, as they are encrypted with a complex password system

Unlike currencies, the value of e-currencies is subject to the oldest rule of the market: supply and demand. “Currently it has a value of more than $ 1,000 – both the shares and this value can increase or decrease compared to supply and demand.

What is the origin of bitcoin?

Bitcoin is the first cryptocurrency created by Satoshi Nakamoto in 2009. He decided to launch a new currency.

Its peculiarity is that you can perform operations only in the network network.

Bitcoin refers to the “currency”, the “protocol”, the “red P2P” on which it is based.

So what is Bitcoin?

Bitcoin is a virtual և intangible currency. That is, you can not touch any of its forms, such as coins or banknotes, but you can use it as a means of payment like these.

In some countries, you can monetize your e-debit card page by exchanging money with cryptocurrencies such as XAPO. In Argentina, for example, we have more than 200 bitcoin terminals.

Undoubtedly, what distinguishes bitcoin from traditional currencies from other virtual means of payment, such as Amazon Coins and Action Coins, is decentralization. Bitcoin is not controlled by any government, institution, or financial entity, public or private, such as the euro, which is controlled by the central bank, or the dollar, which is controlled by the US Federal Reserve.

Bitcoin monitors real, indirectly through their transactions, users through P2 P exchanges (Point to Point or Point to Point). This structure ությունը lack of control makes it impossible for the government to manipulate its value or cause inflation by producing more. Its production and value are based on the law of supply and demand. Another interesting detail of Bitcoin has a limit of 21 million coins, which will reach 2030.

How much does bitcoin cost?

As mentioned, the value of Bitcoin is based on supply և demand վում is calculated using an algorithm that measures the number of transactions բ bitcoins իրական transactions in real time. Currently, the price of bitcoin is $ 9,300 (as of March 11, 2018), or that value is not much less stable, bitcoin is classified as the most volatile currency in the foreign exchange market.

What can we predict for the IT sector in 2018?

2017 was a remarkable year for digital transformation. Machine learning, AI և Big Data are the technologies that will dominate in 2017. Advances and improvements in these technologies will continue in the coming years, but what can we predict for the IT industry in 2018? Will AI create or destroy jobs? Do global tech giants have to sacrifice themselves to shape their new leadership? Will 2018 be a slow death for IT professionals?

Today, technological innovations are reaching faster than most businesses can cope. Very often, before one innovation is accepted and implemented, the other two appear on the horizon. To withstand these endless innovations, enterprise CIOs must pursue և transcending the role of business strategist, first and foremost որպես as a technologist, thereby developing appropriate rates for digital transformation.

The pace of innovation չեն progress will not slow down in 2018. Therefore, we have collected some influential technology forecasts for 2018 to watch և plan.

Prediction # 1: The world’s tech giants will deliberately collapse by gravity

Global tech giants such as Amazon, Facebook, Apple, Google, Microsoft, Alibaba, Baidu have innovated by exploring previously unexplored variants such as talk UX. Chatbots և voice and visual search. Eventually, their influence grew so much that it is now difficult to find new outer space for innovation. Thus, these technology giants are potentially self-sustaining their own revenue base to create new opportunities.

For example, Apple’s recently launched face ID versus its touch ID և AWS lambda versus traditional cloud virtual machines serve as an example for tech giants to commit suicide.

Prediction # 2. Blockchain-based cryptocurrencies to boost trillion-dollar business value

According to a CNBC report, the total value of all digital currencies (about 1,300 different cryptocurrencies) combined is more than $ 588 billion, with the market value of bitcoin dominating. This value of market capitalization will be $ 1 trillion, considering the increase in the market interest rate. Blockchain technology has a real place in the future of technology, regardless of the price of bitcoins.

Prediction # 3. Enhancing the roles of IT professionals

Globally, the IT sector is projected to face a huge decline in jobs in 2018, where it will add about 1,00,000 new job profiles, eliminating only 80,000. The creation of AI-related jobs will affect 2 million new jobs.

Today, IT professionals account for about 42% of the entire IT workforce. According to Gartner, in the coming years, 40% of the IT workforce will be multidisciplinary IT professionals, and we will see a reduction of more than 5% in the hiring of IT technicians. The role of IT professionals will be more of a business strategist than a technologist expanding the enterprise digital business.

Prediction # 4: Digital Growth for Brands Improving Their Websites to Support Visual-Voice Search

Visual և voice searches transform user engagement through digital channels. With the advent of voice assistants like Alexa, Google Assistant, and Siri, voice search queries make up the majority of the fastest growing types of mobile search. Visual search, on the other hand, provides greater accuracy in the search because the picture speaks more than a thousand words.

The huge investments that technology giants such as Apple, Google, Facebook, Microsoft are making in the field of machine learning և AI will be evident based on how smoothly their voice accelerates և Visual searches in the coming years.

Prediction # 5. Increase investment in bots աթ chat bots, next to mobile apps

Bots աթ Chat bots are new aspects of AI. The user’s focus shifts to bots և chat bots from individual mobile applications that businesses have. Forecasts suggest that by 2022, more than 60% of all large enterprises will have at least one Chatbot installed. Proper use of virtual assistants will increase customer engagement և can automate various tasks to lay off the workforce.

Accelerated natural language development enhancements allow today’s chatbots to better interpret user intent than their predecessors.

Prediction # 6. The open source will continue to climb the ladder

A decade ago, Linux was new, but today it is essential. In the past, Google, Amazon, and Microsoft had to create their own custom tools because they did not have a plan to meet their needs. Many open source frameworks quickly become an integral part of a developer’s workflow. Thus, this paradigm shift changes the way businesses invest. Making open source software the biggest competitor to traditional software.

Prediction # 7. IoT is becoming BIoT

It is predicted that the combination of IoT with Blockchain this year will be a powerful blend of IT, where it will offer a range of new businesses and services. Using BIoT, real-time updates from various sensors built into the product will enable everyone in the distributed circuit with ideas they could not get before.

The year 2018 will witness the development of 5G communication, IT security due to AI, wireless aerial charging and ARM-powered laptops. While these technologies can help us better connect with our audience, they have the potential to change the way we live and interact with one another.

The article first appeared on Cygnet Infotech.

The best Bitcoin trading platforms

Cryptocurrency has not only provided the fastest way to transfer money, but also a new entity to make money by trading stocks other than commodities. Or you can sell or buy bitcoin directly, you can also use Bitcoin trading exchanges to continue your trading in cryptocurrencies. There are many exchanges where Bitcoin trading is safe and secure, as well as providing customers with many enhanced services. As a cryptocurrency investor or trader, you can choose any exchange for your convenience. However, it is advisable to sneak peek at some hints before giving them up. Below is a brief overview of the world’s best bitcoin exchanges.

CoinBase. It is probably one of the most popular Bitcoin trading exchanges, which trades dual institutions directly through the wallet. CoinBase was founded in 2012 as a result of the Y-Combinator venture discovery, and has grown rapidly since then. It has many lucrative services such as many ways to deposit and withdraw cash, instant money transfers between two CoinBases, wallets for more secure transfers with multiple signature options, Bitcoin deposits insured against any loss, and more. CoinBase has a wide range of payment partners. From Europe և USA, which allows you to make transactions through them uninterruptedly. It has relatively low transaction fees, offering bitcoin trading, as well as a large number of Altcoin trades.

CEX.IO: One of the oldest reputable exchanges, launched in 2013, is London as a Bitcoin Trading Exchange as a cloud mining broker. Later, its mining capacity increased so much that it possessed almost half of the network’s mining capacity. but it is now closed. CEX.IO allows customers to expand a much larger number of bitcoin transactions, և it has the ability to make bitcoin available immediately at the required price. However, for this exchange you pay a slightly higher exchange rate, but it is compensated for the security և opportunities that allow multi-currency transactions (dollars, euros ուբ rubles) to buy bitcoin.

Bitfinex. This is one of the most advanced trading exchanges, especially suitable for experienced cryptocurrency traders. For Ethereum, as well as for Bitcoin, this high-liquidity exchange has better options, such as leverage, margin financing, and multiple-order trading. In addition to this Bitfinex, Bitfinex offers customizable GUI features, multiple types of orders such as limit, stop, back stop, market, and more. Bitfinex offers one of the largest exchanges in terms of trading volume for pseudonymous trading, only for some services it requires identification. 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 one of the oldest exchanges offering cryptocurrency trading in bitcoin. The most respected, because despite being the oldest, it has never been a security threat until recently. Bitstamp currently supports four currencies: Bitcoin, Ethereum, Litecoin և Ripple է is also available through the mobile app, in addition to website marketing. It has great support for European users or traders with accounts in European banks. Security is advanced առը cold storage type, which means that coins are stored online. Thus, it can be said that it is absolutely impossible for a hacker to penetrate. After all, its sophisticated interface suggests that it is designed not for the novice user but for professionals և offers relatively low transaction fees.

Kraken. This is one of the largest Bitcoin exchanges in terms of liquidity, euro-cryptocurrency volume, Canadian dollars, US dollar-yen trading rates. Kraken is one of the most respected cryptocurrency exchanges in the world. With 14+ cryptocurrency trading options, the user can enter fiat as the cryptocurrency as well as similar cashing options. However, it is not suitable for beginners, but it has better security features ցածր lower transaction fees compared to CoinBase. The most important factor for Kraken is that it is trusted by the community, being the first to show volume and pricing at Bloomberg Terminal.

Are you thinking about investing? Think Bitcoin way

What is Bitcoin?

If you’ve been here, you’ve heard of Bitcoin. It has been one of the most frequent headlines in the last year or so, as a scheme to get rich quick, the end of finances, the birth of a truly international currency, the end of the world, or an improved technology. the world. But what is bitcoin?

In short, bitcoin is the first decentralized system of money used for online transactions, but it will probably be useful to go a little deeper.

We all know what “money” is, what it is used for. The most important problem that money witnessed before Bitcoin was its centralized, controlled entity, the centralized banking system. Bitcoin was invented in 2008/2009 by an unknown creator, under the pseudonym “Satoshi Nakamoto”, to bring about the decentralization of money worldwide. The idea is that the currency can be sold internationally without hassle or payment, checks and balances will be distributed worldwide (not just in the books of private corporations or governments), և money will become more democratic և more democratic. equally accessible to all.

How did Bitcoin get started?

The concept of Bitcoin և cryptocurrency in general was started in 2009 by an unknown researcher Satoshi. The reason for his discovery was to solve the problem of centralizing the use of money, which was based on banks and computers, a problem that many computer scientists were dissatisfied with. Attempts to achieve decentralization have been unsuccessful since the late 1990s, so when Satoshi published a document that provided a solution in 2008, it was welcomed by an overwhelming majority. Today, bitcoin has become a popular currency for Internet users, generating thousands of “altcoins” (non-bitcoin cryptocurrencies).

How is bitcoin made?

Bitcoin is produced through a process called mining. Just as paper money is made by printing and gold is mined, bitcoin is created by mining. Mining involves solving complex mathematical problems involving blocks that use computers and adding them to the public register. When it started, a simple processor (like your home PC) was only needed for extraction, but the difficulty level has increased significantly և you will now need specialized equipment, including a high-quality graphics processing unit (GPU). to remove Bitcoin?

How can I invest?

First, you need to open an account on the trading platform և create a wallet; You can find some examples by searching on Google for “Bitcoin trading platform” – they are usually called “coin” or “market”. After joining one of these platforms, you click on the assets, then click on crypto to select the currencies you want. There are many indicators on each platform that are quite important, և you should definitely consider them before investing.

Just buy and keep

Although mining is by far the simplest and most reliable way to earn bitcoin, there is still a great deal of hassle involved in it, and the cost of electricity and specialized computer equipment makes it unaffordable for many of us. To avoid all this, make it easy for yourself, enter the amount you want directly from your bank, click “buy”, then sit down and watch how your investment grows with the change in price. This is called exchange և it happens to many. Exchange platforms available today with the ability to trade between many different fiat currencies (USD, AUD, GBP, etc.) and various cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.).

Bitcoin trading

If you are familiar with stocks, bonds or Forex exchanges, you will easily understand crypto-trading. There are Bitcoin brokers like e-commerce, FXTM markets.com and many more to choose from. Platforms provide you with Bitcoin-fiat or fiat-Bitcoin currency pairs, for example, BTC-USD means trading bitcoins in US dollars. Watch for price changes to find the perfect pair according to the price change. The platforms provide pricing, among other indicators, to give you proper trading advice.

Bitcoin as shares

There are companies that have been set up to allow you to buy shares in companies that invest in bitcoin. These companies trade back and forth, you just invest in them, you wait for your monthly benefits. These companies simply pool digital money from different investors and invest on their behalf.

Why invest in Bitcoin?

As you can see, investing in Bitcoin requires that you have some basic currency knowledge, as explained above. As with all investments, it involves risk. Whether or not to invest is entirely up to the individual. However, if I were to advise, I would recommend investing in Bitcoin, because as Bitcoin continues to grow or there has been a significant boom, there is a good chance that cryptocurrencies as a whole will continue to grow. value growth over the next 10 years. Bitcoin is the largest and most popular of the current cryptocurrencies, so it’s a good place to start և the safest bet right now. While it is volatile in the short run, I doubt you will find that trading Bitcoin is more profitable than most other businesses.

Are you planning to trade in Monero cryptocurrency? Here’s the basics to help you get started

One of the key principles of blockchain technology is to ensure that users have unwavering privacy. Bitcoin, as the first ever decentralized cryptocurrency, relied on this premise to market itself to a wider audience, which at the time needed a virtual currency that was free from government interference.

Unfortunately, along the way, Bitcoin was fraught with several weaknesses, including the non-scale և variable blockchain. All transactions և addresses are written in a blockchain, thus making it easy for everyone to connect points և Users’ personal information based on their existing records. Some non-governmental agencies are already using blockchain analysis to read Bitcoin platform data.

Such shortcomings have led developers to look for alternative blockchain technologies with improved security and speed. One of these projects is Monero, which is usually represented by XMR ticks.

What is Monero?

Monero is a privacy-based cryptocurrency project that aims to provide better privacy than other blockchain ecosystems. This technology protects users’ information through secret addresses և Ring signatures.

A secret address refers to the creation of a single address for a single transaction. No two addresses can be attached to one transaction. The received coins go to a completely different address, which makes the whole process incomprehensible to an outside observer.

Ring signature, on the other hand, refers to mixing account keys with public keys, thus creating a “ring” of multiple signatories. This means that the monitoring agent cannot link the signature to a specific account. Unlike cryptography (a mathematical method of securing crypto projects), the ring signature does not block a new child. Its principles were studied and recorded in 2001 by the MIT at the Weisman Institute.

Cryptography has certainly won the hearts of many programmers and blockchain enthusiasts, but the truth is that it is still a new tool with several uses. Because Monero uses the already tested Ring signature technology, it has distinguished itself as a legal project worth accepting.

What you need to know before you start selling Monero!

Monero market

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

This virtual currency is mainly associated with the dollar or cryptocurrencies. Some of the available pairs include XMR / USD, XMR / BTC, XMR / EUR, XMR / XBT and many more. The trading volume and liquidity of this currency are very good statistics.

One of the great things about XMR is that anyone can participate in its mining either individually or by joining a mining pool. Any computer with significantly better processing power can mine Monero blocks in a few clicks. Do not worry about going to ASICS (application-specific integrated circuits), which are currently mandatory for bitcoin mining.

Price volatility

Despite the huge network of cryptocurrencies, it is not so special when it comes to instability. Virtually all altcoins are extremely unstable. This should not bother any greedy seller, as this is the first factor that makes them profitable. you buy when prices fall and sell when they tend to rise.

In January 2015, the XMR cost $ 0.25, then in May 2017 ran some up to $ 60, and now bowling exceeds the $ 300 mark. Monero hit $ 475 (ATH) on January 7, before falling to $ 300, along with other cryptocurrencies. At the time of writing, virtually all decentralized currencies are in the price correction phase, with bitcoin fluctuating in the $ 10-11k range from its glorious ATH of $ 19,000.

Interchangeability և Acceptance

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

All bitcoins are registered in Bitcoin Blockchain, և, therefore, when such a theft occurs, each involved coin will avoid operating, making them irreplaceable. With Monero you can not distinguish one coin from another. Therefore, no seller can refuse any of them as it is related to a bad incident.

The Monero blockchain is currently one of the most trending cryptocurrencies with a significant number of followers. Like most blockchain projects, its future looks brighter than the pressure it expects from the government. As an investor, you need to do your due diligence և research before trading in any cryptocurrency. Whenever possible you should have all four of these components in place for launch to maximize profits.