All posts by Sherry Wood

Why Online Trading Is Most Preferred By The Investors

Why Online Trading Is Most Preferred By The Investors

Online trading is gaining popularity by each passing day. Each and every day new investors are entering the market. As the competition keeps increasing, it is also likely different kinds of threats and scams to come up.  But online trading has more benefits under its belt and listed below are few of them.

Benefits of online trading

The market will be open 24/7- As the market is open day and night, it gives an opportunity to all the investor to carry out their work in their convenience.  You can do your research and trade whatever time you want and from anywhere you wish.  It also can be done along with your regular job and your daily routine will not get affected.

Online trading platforms or brokerage firms-  If you are new to the market, you need to be careful while choosing an online brokerage firm as there would be few of them will be a scam and you will end up losing money. It is always ideal if you read through all the reviews of the software’s and brokerage firm before you choose one. You can read reviews online and it will help you in picking the right one. In case of online trading of cryptocurrencies, you can choose the software bitcoin loophole. You can read its review here and Bitcoin loophole is not a scam.  These online trading platforms will help you to earn money and you need not have to worry about your money being invested in the wrong asset.

Speedy transactions- With the help of the online trading, one can carry out their transactions quickly if you have a good internet connection.  Also, you can view all the latest updates about the market within few seconds. It offers valued information which can be utilized to make wise decisions. You will not lose any money by making a delayed deal.

Real-time progress- The online trading platforms offers the investors or traders to view their investment progress in real-time. You can view the changes in the market every minute. This will help the investor to study the market carefully and take the decision to buy or sell accordingly. Vast data of information is available in just a click away. All the historical data and the past trends can be viewed online and a careful study can be conducted by the investor. The life is made easy for the investors with the advent of technology in the financial market.

 

 

 

The ways to make Passive Income

The ways to make Passive Income

“ Money”  is it a boon or bane? A necessity or luxury? Such questions are always hypothetical and it makes our thought process quite hard to decide on what is the real meaning of money. Everybody wishes to save and invest and secure their future. Some are well capable to save and make future settle just with the help of their earnings from a job. But some people are not able to do this, that is the time when they think of doing an extra hour of work or make income from any part-time job or find some way of earning money.

There is no easy way or shortcut is the myth, but there is this concept of passive income which is not researched by many. Hence this article is a humble attempt to find some experienced answers to know the ways of making passive income. Learn more about it from reading through this short write up.

Some of the ways to make passive income a successful way to save money are:

  1. Use high yield savings: opt for a savings account with banks that offer high yield from your savings without locking up your money for many years. One of the coolest options is the online banks which offer better interest to its clients than the traditional banks.
  2. Invest in index funds: these are the type of funds which help you to invest in the stock market without direct indulgence. This indicates that you will not have the tension in choosing the investments, understanding their structure and make portfolio changes and also you need not prepare for selling or buying the investments timely. Thus index funds can be the best source of passive income.
  3. Choose to buy high dividend stocks: rather than thinking of the risk in high dividend stocks, keeping a minimum part of your portfolio in such stocks can promise you regular passive income for a while till the stock performs well. Sometimes you can also get benefits from capital gains in these
  4. Outsource your business: when there is too much pressure with your existing business, you can outsource your tasks, most of them and fins income source from this. Though it may reduce control, it will create a focus on making more income from your other tasks. Also, you have the choice of finding freelance contract workers who get the job done qualitatively well.
  5. Become a silent partner: if at all you feel you can contribute capital to a business and be someone like an angel investor do this along with a chance to make some income as well. This you can do by becoming a partner in the business.

These are some tips that have been successfully implemented. Keeping your research on to find out more about this and begin implementing it.

 

 

Trading Is About Being Consistently Profitable

Trading Is About Being Consistently Profitable

Taking profitable trades once a while is something that almost all of the traders in the market achieve. But the key here is not to have just a few winning traders but to be profitable consistently. This is what will let you earn income through trading.

There are many traders who would be making huge wins but when you check their stats over time you will see that the profits are not consistent. They may be making huge wins in a particular month and losing out a good percentage in the next month. Thus as traders, you will need to ensure that your average returns are almost the same each month.

Identify what your profit zone is

This source will let you understand what the profit zone is. The support and resistance levels are important levels to let you take trades. However, it is also important that you pay a lot of attention to the where you would be taking profits. The trading opportunity gets created only when you have a profit zone and it is also important that the profit zone meets the risk and reward ratio.

You should thus stay away from taking trades where the supply and the demand zones are very close to each other. This is because it will not give the price enough space to move and will also cut some on your profits. This will result in the risk: reward ratio to not be met.

Take the maximum profits

The profit zone is where the potential for making a profit is the highest. The supply levels where the price starts to decline and this is where you take a short position. The demand level is the resisting level in this case and this is where you will be covering all your shorts.

It is important that before taking any trade you measure the risk and reward ratio. If you are looking for opportunities that offer you a reward to risk ratio of 3: 1 then make sure that the chart at least gives you a 4: 1 ratio. In this way, you will not be very adamant about taking trades at the peak of the level. So when the chart gives you a 4:1 ratio you are better off closing your position at 3:1.

Also, do not wait for the price to reach all the way to the demand zone to book your profits. This is because there is a lot of competition at this level and it could happen that you may not even get time to react here. So book your profits just before the price is about to reach the demand level.

 

Cryptocurrency Mining Is Like A Running Race

Cryptocurrency Mining Is Like A Running Race

A running race is one of the most interesting athletic events. It is a hard, yet the most energizing event. It is a great pride to run and win the race. It is a challenging task to be achieved. It seems to be a simple event but requires a lot of practice. Let us discuss it in a great detail.

The first and foremost thing required to become a good athlete is to have a good interest. Secondly, there should always be a fit body condition. Healthwise mentally and physically one has to be very much sufficiently equipped to handle the stress in a relaxed manner. Thirdly, we have to organize and tune our body regularly which means we need to practice every day. Fourthly, we need to understand that there will be a huge and challenging competition in the world outside and tend to get used to it. There can be winning times also losing times as well. We will have to be prepared to meet it at any rate. Fifthly, the place where the event is conducted varies all the time. We have to have a physical and mental mindset to accommodate the climatic conditions in a big way.

In the same way, we have the traders investing in the cryptocurrency market. We should have the interest to invest and have sufficient knowledge to handle the pressure as well. We have to be fit enough to work on our investments in a timely manner. We have to practice and invest some amount of money every day to earn the best in life.  As always in a financial market, we are bound to face challenges, we have to be prepared to meet it all at any rate. We have to keep in mind winning and losing is always a part of the entire game. There will be a lot of outlying features that influence the market at large and we need to be prepared for it all.

 

To assist and let us invest with ease in the cryptocurrency market we have good auto trading robots. Bitcoin Trader is just considered the best among all the similar products out there. It is a good source for active trading. They are designed with great expertise and full controls. They can analyze the market with good efficiency and predict the actions to be taken with good accuracy rates. 

Factor That Impact Credit Score

Factor That Impact Credit Score

Credit Usage

This is known by another name, credit utilization ratio which plays an important role in credit score calculation. By maintaining the ratio less than 30% you can keep your credit score up to the mark. Keep your trading skills up to mark and learn more about it. We can say that the balance kept should be as low as possible on the credit card since it will be good for the credit score. Credit usage is will have a notable impact on the credit score as FICO makes use of this to decide how responsibly you make use of credit.

If you want to keep your credit usage low you can do the following things:

  • Keep the balance in the credit card low.
  • In a month make more than one payments.
  • Keep your credit limit high.

Derogatory Marks

The list of derogatory marks is as follows:

  • Tax Liens
  • Collections
  • Bankruptcies
  • Debt settlement
  • Foreclosures
  • The judgment that is due in civil court regarding your report.

All the above-mentioned marks will impact in a negative manner on the credit score and they will stay on the report for seven year or 10 years and sometimes more than that. It is of high importance that everyone has a check of their credit report at least every year once.

It was found that one in every five customers had a fault on either one or multiple credit report according to the study done in 2012 by the Federal Trade Commission. Suppose you notice that there is some error or there is something wrong with your credit report you can hire people from credit repair services who will help in resolving the issue.

One can have a check on their credit report through a website that is free known as Annual Credit Report and here they need to have a check at least once every year on the following things:

  • Equifax credit report
  • TransUnion credit report
  • Experian credit report

There is also a credit monitoring service that you can purchase which will provide assistance and help the customers in protecting their identity and solve disputes.

Length of Credit History

It is important to have some sort of credit history if one wants to have a credit score. Having a credit history that is short will be unpleasant to the credit score, however, the only thing you can do is wait as there is no other way. If you want a good credit score, having a credit of five years to six years is advised, but if you have a credit of more than seven years it is outstanding.

Blockchain simplified

Blockchain simplified

Bitcoin is gaining popularity lately everyone from barber to trader of the stock market is talking about blockchain. Although this article is not about how to make money using Bitcoin we will talk about the underlying technology that helped Bitcoin to reach the top of its popularity and how the technology will be useful in the coming days.

Looking back into the history

In October 2008 a white paper was released by a person named Satoshi Nakamoto explaining his approach on sending money directly from the sender to the receiver without involving any financial institution. This paper gave birth to the concept – Bitcoin. Bitcoin uses some cryptographic concept as its underlying principle so the name cryptocurrency evolved. The financial transaction is the only purpose why Bitcoin was created but the researchers decided to harvest the underlying technology to build robust technology. This underlying technology was named as “Blockchain”.

A real-world analogy of blockchain

Let us assume that you live in a city that has the capacity to park 200 cars at a time. The gate of the parking space opens only when the cars move in or out. Now you may think why to park your car in this parking space because it will provide:

  • Security is the prime reason, your car will be safe from thieves
  • Price is another reason, as the maintenance cost of the parking space will be borne by the owner of the space.
  • Centralized: as all the cars in the town are in the same building so can call it centralized.

Now lets the do some modifications to the scenario and assume that in the city there are 200 houses ad each house has two parking spaces and people decides to rent out the extra space, this way it will solve the problem if there are more than two hundred cars. Now let us analyze the situation.

  • Price: they can rent out the extra space the cost of that extra space will be low compared to big parking space.
  • Security: each car will be secured as they will be locked separately.
  • Decentralized: compare to the above model, here the cars will be distributed all over the city hence decentralized.

The above analogy provides the simplest model to understand the technical infrastructure of the blockchain.

Parking model to technical model

The above example gives a very basic idea about the blockchain in real-world language. Now let us match the parking components to the actual technical model.

  • The big multiple car parking spaces are the centralized system.
  • Data and application are the cars.
  • Distributed car parking is the decentralized system.

The blockchain idea is simplified to make it easy to understand for the beginners. learn more about it to know more.

 

 

 

Crypto risk and gain

Crypto risk and gain

Over the last few years market has given a lucrative return on investment on Cryptocurrencies like Bitcoin, Ethereum, ripple etc.  The amateur investors became millionaire overt night has created it a center of attraction for the market enthusiast. The cryptocurrency has the immense possibility to grow not only as an investment medium but also it can become an alternative to the traditional currencies.

The government of various countries has started to accept it as a legal tender, this has also increased the interest among the common people. The acceptance of bitcoin by the various big business house has also added to its boom. The growth of digital currencies was no path of roses but it has faced many ups and downs, there have been more losses than gains in this journey to the success. the volatility of the market can be understood from this growth curve. For instance bitcoin, the king of the market was leading in $20,000 last December but its value came down to $7000 at the beginning of the February this year, it is not the story of Bitcoin alone but the scenario is similar for other Cryptocurrencies as well.

Seeing this downward trend in the market any of the leading banks have restricted their customers from using credit cards too but Cryptocurrencies.  Many developing nations are framing strict laws to the use of Cryptocurrencies. With every new invention comes to risk and reward so one should be very careful before accepting this new technology into the business.

Accepting digital currencies into the business gives many advantages including lesser transaction fees, fewer chances of fraud, more transparency etc.  But it adds some challenges that need to be solved before adding it to the business. The volatility of the market is a big concern for the business to accept it as a mode of payment. But before accepting it as a payment mode one should comply with KYC and Anti Money Laundering regulations.

The technologies used behind these Cryptocurrencies like a private key or smart contract have the chances of getting hacked, in January this one of the big exchange got hacked and more than $500 million cryptocurrencies got stolen. Despite the hacking risk people are still interested in trading these Cryptocurrencies, so the companies want their customers to use hardware wallets and cold storage wallets for the safety and security of their funds. See this review for more information.

 

 

Stock Market Investment Strategies

Stock Market Investment Strategies

Markets are always based on predictions of the future. There have has been past records of great performances and poor shows that have bought someone up or put them down. Stock markets are volatile and even the latest crypto market is no less! They are much more competitive than the stock markets, more volatility.

If you are thinking of investing in crypto markets, then do so with automated pilot robotic systems, that will help you in executing trades without any knowledge or experience yet gives you good returns. Among the many existing, bitcoin trader looks good and genuine, legal too.

Well, here we give you some strategies to help you sail and invest in stock markets, with minimal losses, as there is not much robotic system here that gives you 90-95% returns.

Invest in value not price:

Yes, there is a lot of difference between price and value. Value is something that goes up over the period of time, while the price is something which keeps fluctuating. We often look to buy stocks and things that are cheaply available, while their price is what matters to us, we never bother about the effects it gives. The penny stocks that we call, might always give you bad returns. Because it’s just a penny, you tend to buy in bulk and later regret, while the whole lot fails.

Instead concentrate on businesses which are doing great, though their prices are high, they will have value anytime in the market. It’s advisable that you opt for those stocks, its ok if you can’t buy more, buy one at a time and invest for the longer term. Those stocks will give you handsome dividends and returns in the longer run.

Past and future needs time:

In markets, we analyze the past data and invest in the future of the stock. There is no present concept, we predict the future of the trade in the current time. So, these two quantities and qualities should be analyzed better and given due time.

You can’t predict future if you don’t have past, and without correct past data, the predictions won’t be right. Hence, it’s important that you source the data right, analyze and sort out data, and then predict. No matter what is the market scenario, a value company will sail through them, they have the foundation right and the path chosen is also right, along with good managerial operations and skills.

 

Tips To Be Financially Stable

Tips To Be Financially Stable

Each and everyone wants to be financially stable in many situations in life. To be stable, we have to be very careful while spending money and there are some tips to follow to be financially stable always. When we are stable financially, we can definitely lead our lives without any stress or burden in mind. Everyone has money in their hands, but keeping them and spending them in the right way matters. Let us take a closer look at those tips for the stability in this blog and we can also click Bitcoin Trader to get tips from the professionals.

  1. Budgeting:

Budgeting is the most important thing for the financial stability. We should know what money is coming in and what is going out of our wallet. We should be very careful while spending money and the budget will help us to know how much we have to spend on what things. The budget will not only help in our personal lives, it will make a huge difference in our business life.

  1. Don’t go for debts:

We should try to manage our funds wisely without going for any debts with the very high rate of interest. It is very difficult to pay the principal amount when the interest rate is high. This will make us get more tensed and finally, we will be in a worried condition thinking of the debts and how to repay it. So, it is better to avoid getting debts, instead of that we can reduce spending money on unwanted things. The debts we get will spoil our physical and mental strength. It will even spoil the relationship between the lender and the borrower.

  1. Save money for the future:

Savings is a very good habit of everyone from the child to the adults. So, always try to save money so that it will become a very huge amount and will help in future when an emergency occurs suddenly. The little amount we save will become a very big amount tomorrow.

  1. Setting a goal:

Goal setting is the major thing in life because once we set a goal for ourselves, we will definitely give our best to reach and achieve it. So, here to be stable financially, we can set a goal to work overtime and earn more money. That money will definitely help us in future when we are in an unstable condition.

Conclusion:

Thus concluding that the above tips will help us to be stable financial wise and we should have always tracked the amount we spend on a daily basis so that we can have a better idea about the future.

Developing a Cryptocurrency Exchange

                                            Developing a Cryptocurrency Exchange

An online website operating as an intermediary between the investors and the cryptocurrency traders serves as the exchange for buying and selling of virtual coins that are agreed at a price at a particular time and date. Since the virtual exchanges are not controlled by any central authority the planning and executing of a centralized platform to trade without regulatory stipulation is equally important to smoothen the trades between different cryptocurrencies which are traded worldwide on the internet.

How to develop a Crypto Exchange

  • the priority to handle all the transactions safely without having scams and hackers in the system is important
  • the platform should be flexible enough to have all the different types of virtual coins to be traded from other exchanges, customizing according to the flow of trade is also important
  • the transaction should be controlled in case of erratic and heavy transactions from particular website with huge amounts invested incorrectly
  • the check and immediate response for all the trades and also anything beyond the normal should be highlighted to the brokers, traders who operate through the exchanges
  • there should be layers and modules while building the model, allowing each layer to function independently based on the trade and data received from the server
  • the exchange itself could function as a platform to trade, and one can choose between the site or the mobile application to trade

Direct trading platforms are set up between the traders, who set their own exchange rates. They are not market influenced or deal with the established rates, which prevail, in the open markets. The cryptocurrency agents are similar to the Forex dealers who trade on behalf of the investors, their source of information and trade signals are picked up from their own exchanges or other exchanges too. The crypto funds are investment pools which are managed professionally considering the present trend in the markets for different types of coins, the Bitcoin Loophole online trading platform facilitates the trade either manually placed by the trader on behalf of the investor. The tools that the exchange platforms should necessarily need are the charts to reflect the volatility of the currencies, a complete table with the number of transactions made by all the brokers. Frequent updates of the profitable trades for analysis and hourly updating of the graphs with the profitable deals done are important benchmarks for the exchange. The rate of winning ratios of the total trades done in the hour will help the traders to display the profitable trends.