Year: 2019

  • Digital work: A bright future or a fatal fate

    Digital work: A bright future or a fatal fate

    3 min read

    Digital work: A bright future or a fatal fateMost digital workers work from home

    Digital work is an idea that has become a crucial subject of debates within the area of the economy of the Internet.

    Living in nowadays, you can find just a few jobs that you can do without including the word “digital”.

    In the most general sense, it would mean that you are doing something that is in connection with the Internet.

    Digital work is not only for those who grew up with the Internet but much older take such jobs. So we are more and more likely to be able to digitally freelance, all collectively.

    General unemployment, high unemployment rate, and bad living conditions are the main reasons. Even if you have a job, relatively solid, salaries can not grow up to half of the rate that boosts the cost of living.

    The employer can exploit you as he wants because if you refuse to work, there is someone who will. All of this has shifted us to the necessary creative thinking about employment.

    We spoke to Janne. She is a freelancer and digital worker.

    The thirty-five-year-old woman had the opportunity to choose a classical “steady job” in a family business. She would have conventional working hours, from 9 am to 5 pm. But still, Janne chooses to combine freelancing and regular work for now. As a freelancer, she deals with media and events management.

    “The question that I hate is: what are you doing for a living? The answer is complex because it involves the history of my vocations and non-formal education, as well as a mix of regular work with working hours and freelancing. I like to explain to a freelancer as a lancer. In essence, you always have a lance in your hand. And you have a bow and arrow continually and you are looking for your targets, “says Janne.

    For her, the regular working time always was synonymous to monotony and killing of freedom. Then she went to the labor market. Actually, she signed up on one of the platforms that provide freelancing jobs.

    Most digital workers, however, mostly work from home.

    Digital work: A bright future or a fatal fate 1Digital work from home

    So far, you probably know people in your area who get up at five in the morning to hold English Japanese and Chinese lessons through Skype.

    Or you know some web designers, developers, or just people who fill up some charts or excel to pdf for the clients.

    They are working over platforms such as UpWork, Freelancer, People per Hour and others.

    All these people are freelancers and digital workers because, for all the work they do, they do not need to do anything offline.

    So, what is digital work?

    It involves carrying out a series of gigs. All without indications of long-term employment. These gigs may be English lessons for the Chinese, or essay writing to American high school students but also the more complex tasks. That kind of jobs requires that you are actually educated and skilled. These are jobs in the field of IT, writing and translation, sales and marketing, advocacy, financial, consulting, etc.

    Since everything is going virtual, over the platform, they somehow take over the role of the employer. They can issue the modes for doing business. Majority of them, act as economically active profit-making entities. Hence, they decide who and under what conditions can be engaged, or stop working, and, ultimately, perform bookkeeping functions. However, the disadvantage is that the platforms do not offer the opportunity to establish a working relationship.
    But it is an advantage at the same time.

    If you want working freedom it is for you.

    The development of online digital work platforms caused one of the main alterations in the world of work in the last decade.
    More and more people, especially young, pick to forego conventional jobs and start a freelance business. That provides them more freedom to build a lifestyle they love.

    When the majority think of freelancing, they see jobs like writing, web designing, developing, IT programming, editing gigs.
    Those fields are full of chances for all people who want to work from home. It can be on a full-time or part-time basis. they’re far from the only occupations that lend themselves to the freelance life. You can do whatever you want but you must be skilled and have a good education and knowledge.

    And you have to be digital educated.

    Digital work: A bright future or a fatal fate 2Digital work requires education

    That’s imperative.

    Modern jobs require a certain level of digital competency. More than it was the case five years ago.

    For example, marketing. It is now mostly a digital job. You must have digital skills for almost all parts of this work. Or writing. There is the same situation. Moreover, it isn’t enough to know how to write and do it like an expert. There is some other knowledge required in order to be among the best-paid writers. For example, you have to be familiar with WordPress, or you must know SEO writing, and for some of the writing jobs, you must have other digital skills.

    What is freelancing?

    A freelancer is self-employed. Such expert offers assistance to clients. However, they can give their assistance straight to clients, without third-party included. But the majority of freelancers use some platform as intermediator.

    Almost every kind of co-operation or assistance could be given by a freelancer.

    How much you can be paid as a freelancer

    Freelance pay differs depending on the skills they have to offer.

    The knowledge and the business you’re targeting very often will determine your paycheck.

    Generally speaking, digital workers can earn from $1 to $100 per hour.

    The best paid is website coding, accounting, then virtual assistance, writing, etc.

    Advantages of digital work

    It is a good way to make extra income.

    You can begin immediately. Of course, as soon as you find a client.

    You have freedom over work.

    Digital work allows you to work from every place over the globe.

    Disadvantages of digital work

    The new digital workers and freelancers are paid low. The downside is that it requires some time to be paid full-time.

    Work can be random.

    When you have several clients and projects managing all of them may be pretty tricky if you don’t have excellent organizational skills.

    The bottom line

    However, with all the defects, you can earn more money through digital work. For the freelancer’s average salary is about $1,000 per month. Among digital workers, the highest salary has the IT sector with an average of $2,000 per month and with full-time engagement.

    But the most interesting for our research is that there are gender differences in income. More than 50% of female freelancers earn $500 per month. As a comparison, more than 50% of male freelancers earn $900 per month.

    But it is the reflection from the rest of the world. Women are more represented in sectors that are traditionally less paid and pre-defined by prejudice as female jobs.

    Don’t waste your money!

    risk disclosure

  • Shell walks away from the U.S. refining lobby

    Shell walks away from the U.S. refining lobby

    2 min read

    Shell walks away from the U.S. refining lobby
    Shell or Royal Dutch Shell Plc is the first important oil and gas company to announce the plans to leave a U.S. refining lobby, AFPM.

    This move comes due to the difference in policies on climate change. The point is that Shell supports the goals set by the Paris Agreement on climate change.

    Their aim is to demonstrate to investors that they are familiar and want to accept to meet carbon emission goals set in Paris.

    “AFPM has not stated support for the goal of the Paris Agreement. Shell supports the goal of the Paris Agreement,” the Shell said in its statement.

    Actually, as our unofficial sources say, this decision is caused by the pressure of the investors.

    It isn’t a secret that this oil and gas company has some very important institutional and private investors in the EU and UK who were clamoring about company’s ambiguous stance on the Paris Agreement in recent time.

    Shell stated “material misalignment” over climate policy

    We found that Shell, in their first review, announced it had discovered “material misalignment” over climate policy with the American Fuel & Petrochemical Manufacturers. That was the reason to announce that it will quit this organization in 2020.

    It is obvious that Shell wants to show investors it is on the same page with them concerning the 2015 Paris climate agreement’s goals.

    The point of the Paris agreement is to reign in global warming. With that in their minds, supporters aim to do that by lowering carbon emissions to zero by the end of this century.

    Maybe this is a showcase of how investors influence on oil companies. Especially, when it comes to the climate.

    It looks like no one will fool around with European investors.

    Shell’s chief executive officer, Ben van Beurden, took out a more radical position than the boards of other influential oil companies.

    “The need for urgent action in response to climate change has become ever more obvious since the signing of the Paris Agreement in 2015. As a result, society’s expectations in this area have changed, and Shell’s views have also evolved,” van Beurden said.

    Royal Dutch Shell plc with its headquarter in Hague, Netherlands, has differed from AFPM on a number of issues. Shell said it also opposed AFPM’s opposition to pricing on carbon and low-carbon technologies.

    Shell and AFPM have also been at odds about the regulation of renewable fuels.

    Shell and some other big refiners in recent years have heavily invested in new, the cleaner, fuel technology.

    Shell and AFPM are also in disagreement over regulating the use of renewable fuels. AFPM lobbied against standards requiring refineries to blend and government subsidy for the blending of biofuels into the petrol pool.

    AFPM claimed – it hurts independent refineries.

    To be clear, it is a conservative political group.

    AFPM Chief Executive Chet Thompson thanked Shell for its long-standing collaboration. “We will also continue working on behalf of the refining and petrochemical industries to advance policies that ensure reliable and affordable access to fuels and petrochemicals while being responsible stewards of the environment,” Thompson said in a comment.

    Shell’s review was greeted by Adam Matthews, director of ethics and engagement for the Church of England Pensions Board, which invests in Shell.

    “This is an industry first,” Matthews said. “With this review Shell have set the benchmark for best practice on corporate climate lobbying not just within oil and gas but across all industries. The challenge now is for others to follow suit.”

    Don’t waste your money!

    risk disclosure

  • Best Forex Brokers UK FCA Regulated

    Best Forex Brokers UK FCA Regulated

    3 min read

    Best Forex Brokers UK FCA Regulated
    The best Forex broker in the UK is regulated by authorized by the Financial Conduct Authority (FCA).

    FCA is the only governor that supervises the actions of brokers.

    Before some Forex broker can accept UK forex and CFD traders as clients, they have to be approved by FCA.

    It is the same rule for all brokerage houses, exchanges, or other financial markets. So we can say the FCA is the central guardian or watchdog.

    The official website is FCA.org.uk.

    The UK has been the favorite place of many a Forex brokerage for years.

    The FCA is prepared as a very intelligent regulatory for brokers trading online financial services.

    Where is the advantage of being regulated by FCA?

    It allows authorized brokers the right to legitimately contribute through the European Economic Area.
    It was the situation since now, but how Brexit will influence the FCA we will see.

    But we will stay in UK territory. London is an attractive international financial hub.

    Best Forex Brokers UK FCA Regulated 1
    Finding the best forex brokers in the UK is simple as in the other parts of the world.

    The traders are looking for great execution features, a secure platform that they can invest their deposit with confidence.

    Also, traders would like some account opening bonuses, mobile-friendly trading and SMS alerts.

    Anyway, we are giving you some short reviews of 5 best Forex brokers the UK regulated in order to make your search easier.

    • IG Group – UK FCA Regulated

    Best Forex Brokers UK FCA Regulated 3Image source IG Group: Trading floor

    IG is regulated over the world one the best Forex brokers in the UK. It offers traders a huge list of products, a lot of trading tools, educational material, and reasonable prices.

    The IG Group could easily be the No. 1 in 2019.

    They are covering the wide variety of markets, currency pairs, and CFDs including cryptocurrencies. Also, they have full trading and analysis tools and real-time market data.

    According to users experiences, all specifications stated by the company on their website are true and without double standards. A live trading account can be opened fast. The same is with deposit and withdrawals and there are multiple options.

    But, IG trading fees are expensive, particularly if you want to trade with a cheaper account. The other problem is that in most countries, it gives only CFD trading. 

    • FOREX.com – Best Forex Brokers UK

    Best Forex Brokers UK FCA Regulated 2Image source Forex.com

    FOREX.com gives traders the possibility to pick a standard trading account or an Active Trader account.  

    The minimum opening deposit for a standard account is $50. The Active Trader account requires $20,000.

    It is regulated by several authorities, the U.K., U.S., and Japan.

    The minimum deposit is $50.

    They are offering two types of platforms:

    MetaTrader 4 (MT4) with features and tools that allows traders automatic trading. With the MT4, traders have access to more than 30 types of CFDs and 45 forex markets.

    The other is the new Advanced Trading Platform. But there is third, the Dealbook where traders can choose from 120+ currency pairs.

    It is robust and fully designed for trading forex. It has a wide collection of trading tools such as pattern recognition software, trading strategies, and an advanced charting package.

    Also, FOREX.com offers quality educational material. Also, Advanced charting is accessible through the Forex.com DealBook platform.

    In our opinion, all this makes them one of the best Forex broker in the UK.

    • Oanda

    Best Forex Brokers UK FCA Regulated 4

    Image source OANDA: OANDA logo

    Oanda is an American Forex broker but the UK regulated.

    Actually, Oanda is regulated by six regulatory agencies around the world: the UK, the US, Canada, Japan, Singapore, and Australia. They have a demo account available for as long as a trader needs. So, it is different from the majority of brokers.

    Also, they have huge research sources and educational tools.

    Their trading fees are low but financing rates are high.

    The platform is Oanda’s proprietary (they have MT4 too) and it is very user-friendly and well-designed and also, very customizable. And fully automated. That provides traders to execute more trades than they could do it manually.

    Oanda has one of the best API offers we have ever seen.

    They have a demo account. But Oanda offers only FX and CFDs. Also, there is no minimum deposit.

    • Alpari – Best Forex Brokers UK

    AlpariImage source Alpari website: Alpari home page

    Alpari is one of the largest forex brokers in the world and the UK regulated. That have over a million customers.  

    It is easy to start trading with Alpari because they have eight different methods that accounts can be financed.

    They have 75 trading instruments, such as currency pairs, spot metals, and Contract for Difference (CFDs), and cryptocurrencies too. Alpari offers a broad variety of options to trade currencies or trade in other markets. There is also, a small lot sizes. It provides traders to trade as small as 0.01 lots.

    Alpari is one of the rare brokers that offer both of the MetaTrader platforms; MT4 and MT5.

    It also offers mobile apps for Android and iOS.

    Like most brokers, Alpari takes a fee from the spread.

    You need a minimum deposit of at least €1 but they also have a demo account.

    • eToro – UK FCA Regulated

    eToroImage source eToro: eToro demo account

    eToro forex broker is primarily a forex and CFD provider.  But still, one of the best forex brokers the UK regulated. With them, you can trade CFDs including stocks, commodities, currencies, ETFs, and indices. Forex trading on eToro includes 47 currency pairs. All from the main currencies pairs to the minor and exotic currency. Spreads on eToro are as low as 0.8 pips. But spreads can be wide as 200 pips for exotic assets. 

    Spreads are priced as a percentage of trade’s amount. If you decide not to copy other traders you will not pay any fees.
    As one of the best forex brokers, eToro doesn’t offer various account types. Instead, they have opted one. Every trader on eToro has one single account type. So, everyone receives the same features and advantages.

    This means if you start trading with, for example, $250 on their platform, you will acquire the same benefits as the trader who start with $20,000.

    eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

    Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

    Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

    Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

    Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

    • CITY INDEX – Best Forex Brokers UK

    CityIndex 1
    City Index is founded in 1983 in the UK. Today is one of the leading multi-asset brokers in London.

    City Index is a subsidiary of publicly traded GAIN Capital Holdings (NYSE: GCAP).

    With over 35 years of tradition, City Index works as a confident brand under GAIN Capital in the UK and in Asia.

    It is licensed by the Financial Conduct Authority (FCA) and operates according to the European Securities and Markets Authority (ESMA) rules. That means you have limited leverage and safety from negative balance security. Also, it is regulated by ASIC, FCA, FSA(JP), IIROC, MAS, NFA.

    It gives traders over 12,500 products across global markets. CityIndex offers cryptocurrency CFDs, bitcoin and a lot of other crypto pairs. Also, you can trade over 84 currency pairs including Exotic Forex pairs. And all over the world.

    CityIndex has a free demo account with access to their trading platforms for 12 weeks. They will give you ÂŁ10,000 in virtual money.

    Also, you will have access to pricing on thousands of markets including shares, indices, and bitcoin. Moreover, it is in real time

    The bottom line

    To find if a forex broker is regulated by the FCA, you have to identify the register number. You can find it in the disclosure at the bottom of the broker’s UK homepage.

    To find the best Forex brokers UK FCA regulated you have to make research. The reviews may help you. But the best way is to test them through their demo accounts or, even better, open a real account with a small amount. Small that you can afford to lose.

    That will give you the real picture about the quality the broker you are testing.

    Don’t waste your money! 

    risk disclosure

  • Start Investing with $100 and Make a Fortune

    Start Investing with $100 and Make a Fortune

    Start Investing with $100 and Make a FortuneStart investing with $100 only is possible, here is how to do that.

    By Guy Avtalyon

    You really don’t believe it’s possible to start investing with $100? I’ll show you how is possible. Are you wondering about making money on the stock market with only investing a 100-200$?

    Start investing with $100 may sound tricky, but it isn’t impossible.  The fact you don’t have much money to invest shouldn’t stop you.

    Yeah, I know!

    Starting to invest is challenging anyway, but even more, if you think it is impossible to start investing with $100.   When you jump over that difficulty, investing is pretty easy.

    Don’t be scared! It is very possible to invest with a bit of money and profit yet.

    Honestly, $100 is not some kind of limit. You can invest even less.

    Don’t think that investing requires a fortune. If you already have a fortune why should you want to start earning?

    How to Start Investing with $100?

    This is the place where it becomes a bit complicated.

    Discouraged at the first step? Just be patient and continue your reading!

    Yes, one of the significant puzzles with investing with a little money is that broker’s fees can be expensive.

    For example, if you buy one stock, some brokerage can take off from your account up to $20. So, you would have only $80 to invest.

    When you start investing with $100, your first step is to open an investment account. For that, you have to find a good brokerage firm.

    Don’t let anyone discourage you. Brokerages are like banks. But there is a difference, the brokers are concentrated on holding investments.

    In order to help you more, we will give you a list of the best and most cheapie brokers.

    * 1. Zulutrade

    * 2. Wallstreet-forex robot

    * 3. TradeInvest90

    But we rather go to talk about the ways to start investing with just $100.

    This is the place where the fun begins.

    Where you can get help?

    For example, from automated robo-advisors.

    Why?

    The answer is as simple as that. When you want to start with $100 or less, you wouldn’t like a big broker fee.

    Robo-advisors afford online automatic investing assistance.

    The computer performs everything. Your obligation is to put your risk tolerance and your aims. That’s all!
    The computer will select an investment that is meeting your goals. It will recognize them upon your inputs.

    And do you what is the best part of robo-advisors?

    There is no account minimum. You can start your investment without fears.

    Actually, there are some robo-advisors that will request, for example, $5 balance or you have to pay $1 per month because of your account worth under $5,000.

    But you should never take this as a setback.

    Investing stocks getting started

    Also, you can start investing with $100 and buy one stock of some company that pays the dividend.
    What is the formula here?

    When you buy a dividend stock, you can re-invest them in more stock. In this way, you will expand your portfolio. Moreover, you will not drain your account. You will earn more and more.

    Also, you can buy individual stocks.

    With just $100 you might not be able to buy a lot of stocks. But here is the trick! Choose one right stock! That will bring you money in return. For that purpose, you can find some discount broker. A lot of them have research tools, very helpful to find the right individual stock.

    Open a savings account

    That can be a safe investment. The advantage here is that the savings account is secured at a bank and guaranteed by the FDIC if you are US resident.

    If you open a savings account it will provide you interest. So, we can say you started investment.

    Not, quite, but still.

    That interest is lower than you could earn with real investment but you will have some income. Try to put $100 every month on your savings account, with an interest rate of over 1.50 %, after 40 years, you will see. Compound interest will do its job.
    Moreover, it is almost impossible to lose money in the savings account.

    Remember, happiness follows fearless people. So, don’t be afraid to start investing with just as little as $100. The main reason to invest is to increase your wealth.

    It will not come overnight. Well, maybe it will but it is better not to count on it. Let time work for your benefit and on your side.

    Don’t waste your money!

  • How to Get Started Real Estate Investing?

    How to Get Started Real Estate Investing?

    Real Estate Investing - How to Get StartedReal estate investing is easiest to understand but getting started can appear scary

    By Guy Avtalyon

    Real estate investing can be key to your financial status in the future.

    Yeah, investing has to be done on time. This means you should start at an early age.  Because you must have the chance to take benefit of compounding interest.

    Have you ever think about real estate investing? Well, how to tell you and not to ruin the fairytale?

    You may have a really good salary but you can work limited time in your life. For example, 40 years. The truth is that the majority will never get rich working regular jobs. Every day from 9 to 17.

    Okay, some will get rich but you are speaking about people who become CEOs in their 30s. And had lucky to start in some big and respectable corporation.

    To be honest, I’m not jealous. I don’t envy anyone. What I want is to find a way how to provide our older days and years with a decent sum for a comfortable life. An for this present life, of course.

    We are speaking about financial freedom. And one of the ways to reach it is something called passive income.

    How to generate reservoirs of passive income?

    Stock investing is a good idea.

    But, as far as we know, real estate investing can produce big returns and increase your net worth. And it is with less risk than stock market investing. The markets are volatile, don’t you know that?

    Real estate investing is also easiest to understand as a way to invest. On the other hand, getting started in real estate investing can appear like a scary thing. But, frankly, you can screw it up.

    So, I want to give you some tips on how to start real estate investing.

    Do you know the meaning of wholesaling and prehabbing?

    What are property types?

    Have you ever heard about single-family, multifamily? It can seem strange and scary to new investors. But it is one of the smartest investment actions you can make.

    Yet, investing in real estate can give quite nice capital if you make clever investments. If you are thinking about investing in real estate, there are some investment tips for beginners.

    Real estate investing is a business

    Believe us, it isn’t enough to provide hot water or electricity or heat supply. Yes, the rent will come anyway. But real estate investing is more difficult and demands you to be involved.

    First of all, there are various different types of real estate investments. There are residential, commercial, and industrial. But also, a real estate that can be traded on stock markets. Have you heard about REITs? That’s it! So, you must understand that real estate investment is a business.

    The main advantage is that it isn’t necessary to understand all about real estate.

    Real estate investing strategy

    You must have a plan in place to achieve your goals. That’s alpha and omega for everything.

    When investing in real estate as beginners you must have a business plan and a real estate marketing strategy.

    These two parts will point up the goals you want to achieve. They will give you a roadmap to realizing them. Also, they will show you how new deals continue to run.

    Yeah, there are risks and rewards.

    But there are some investment choices excellent for novices. Let’s break down some investment opportunities that are correct for new investors in the real estate market.

    Are all real estate investing strategies equal?

    Nope. Choose a simpler strategy as a starting point. For example, wholesaling.

    Your job as an investor is to be a middle man. You will have to recognize and ensure a property that is being sold for under market value. Your main goal is to set the contract to a final buyer.

    Or you are talented for prehabbing.  

    What is prehabing?

    It is an entrance to investment rehabbing.

    Or more specific, it is when you buy and place a property, building or land, for resale. You can improve that property’s condition through trivial changes.

    Why should you do that?

    Because buyers can’t see the latent value or recognize more work and costs and they may not be there for real. Many houses can look in notable bad conditions. A few cosmetics improvements can have a significant influence on the end buyer.

    You may choose REIT investing.

    Don’t pretend you don’t what is it. We asked you before.

    Okay, once again. It is a tremendous opportunity for beginners in the real estate investing world.

    Real Estate Investment Trusts (REITs) are ideal for all of you who are looking to earn passive income. How?

    REITs have the ability to provide revenue comings. It is known as dividends.

    In the same way that investors invest in stocks, you can invest in REITs. Primarily a company owns or supports profit yielding real estate. REITs provide investors to collect all types of benefits. For example, long-term capital appreciation, or profitable opportunity in diversified real estate portfolio.

    How to get started real estate investing?

    Getting started investing in real estate as a beginner often depends on the investment capabilities, read capital, available. Investing in real estate is an honestly nice idea. After all, who would refuse to make extra money? Making money is so sexy. To be honest, it is not for everyone. Some people are suited for real estate investing but others are not. Remember! Don’t waste your money!

    But I have one question for you.

    Which real estate investing for beginners strategy suits you the best and why?

    Share it with us and other readers.

     

  • Telegram chooses to kill the messages

    Telegram chooses to kill the messages

    2 min read

    Telegram chooses to kill the messages
    Telegram decides to add the option of killing chat history not only yours but also the other participants in the conversation.

    WOW!

    The Telegram has added a possibility for users to delete messages in one-to-one private chats. And not only from their individual inbox.

    In just a few steps, you can delete every trace of communication, both for yourself but sent by the other person in the conversation.

    Of course, it is possible only if you all have the latest version of Telegram. This innovation is revolutionary because you do not delete messages for yourself (if they are written by other ppl). The plot behind is that you may really delete them so no one can see them anymore. Not only the one who sent them to you.

    One of the most famous applications for encrypted communications, Telegram, March 24, introduced the option of deleting all messages.

    How to do that?

    The procedure is simple: keep your finger on the message and wait for the option to be deleted. When you select it, a pop-up window appears asking if you want to delete the message for the other participant.

    Quite simple.

    Feature “delete any message in both ends in any private chat, anytime” is added to the updated version of Telegram 5.5 with the explanation that it offers more privacy and more control.

    The founder of Telegram, Pavel Durov explained on the day of launching this option that it is required because of the risk of taking someone’s old messages out of the context.

    “Over the last 10-20 years, each of us exchanged millions of messages with thousands of people. Most of those communication logs are stored somewhere in other people’s inboxes, outside of our reach. Relationships start and end, but messaging histories with ex-friends and ex-colleagues remain available forever,” he states.

    “An old message you already forgot about can be taken out of context and used against you decades later. A hasty text you sent to a girlfriend in school can come to haunt you in 2030 when you decide to run for mayor,” he added.

    However, not everyone agrees with this interpretation of the “Delete for Everyone” option.

    The US TechCrunch Tech portal, specializing in startups and new technologies, is against to what Durov says.

    ”More accurately it removes control from everyone in any private chat, and opens the door to the most paranoid; lowest common denominator; and/or a sort of general entropy/anarchy — allowing anyone in a private thread to choose to edit or even completely nuke the chat history if they so wish at any moment in time.” wrote this portal.

    In addition, says TechCrunch, the new option allows Telegram users to manipulate edits.

    ”The feature could allow for self-serving and selectively silent and/or malicious edits that are intended to gaslight/screw with others, such as by making them look mad or bad.”

    The competition, messaging app WhatsApp, also allows users to delete a message for everyone in a chat. But the WhatsApp’s delete features is restricted to messages you sent. there is no notification automatically baked into the chat history to record that a message was deleted.

    In Telegrams new feature there’s no record.

    The ‘record’ is killed.

    There’s no indication there was ever a message.

    The Telegram in its blog from March,24 named ”Taking Back Our Right to Privacy” wrote:”Today, we are giving hundreds of millions of users complete control of any private conversation they have ever had. You can now choose to delete any message you have sent or received from both sides in any private chat. The messages will disappear for both you and the other person – without leaving a trace.”

    The Telegram in its blog from March,24 named ”Taking Back Our Right to Privacy” wrote:

    ”Today, we are giving hundreds of millions of users complete control of any private conversation they have ever had. You can now choose to delete any message you have sent or received from both sides in any private chat. The messages will disappear for both you and the other person – without leaving a trace.”

    Also, there is no possibility to reassemble deleted communication.

    Honestly, we are not certain, nor Telegram provides that information, does a copy stays anywhere on their servers.

    Telegram claims “leave no trace on our servers”.

    The absence of such information will easily open Telegram to finger-pointing it’s acting negligently. The offering such delete option with zero protection sounds pretty immoral and irresponsible.

    A year ago Facebook was criticized for testing an alike feature. The incident was called as another Facebook breach of user trust.

    Later, Facebook developed a weakened Unsend feature. That feature gives users the possibility to dismiss a message they’d sent. But it is possible only in the frame of 10 minutes after publishing the message.

    Back to Telegrams new app.

    Only Durov could prove that the messages are deleted from its end too.

    Honestly, it requires unimaginable established server’s memory even for a tiny item.

    If everything as like as Durov said, we could go to his inbox and delete whatever we want.

    Don’t you think so?

    Maybe the new Telegram app is not so bad after all.

    Don’t waste your money!

    risk disclosure

  • Millennials – Five stereotypes about them

    Millennials – Five stereotypes about them

    3 min read

    Millennials - Five stereotypes about them
    Millennials, also known as Generation Y or Gen Y, are the demographic group following Generation X and preceding Generation Z.

    The results of the survey showed that 59 percent of people aged 18 to 34 years of age consider their peers egoistic, 49 percent that they are useless, and 43 percent greedy.

    Only 36 percent of the millennials stated that members of their generation are hardworking, and 24 percent are responsible.
    Is that right?

    Generation Y is often characterized as a group of young people who are lazy, irresponsible, and who expect to be served almost for nothing. A survey by the British magazine Guardian suggests the opposite, indicating that stereotypes about the millennials are largely ungrounded assertions.

    A lot of articles have been written about what the millennials have ruined.

    This is the generation that changes the world by not agreeing to a job of 9 am to 5 pm, to conventional jobs.

    They are shaped by the fact that the state did not provide the job for them as it was normal for older generations after the education.

    Contrary, they are working in a world that is in ever-increasing debt.

    But all of them were born in the period from 1980 to 1997. Today, they are a majority of the working-age population that is increasingly taking over the labor market and imposing his rules. And these are the ones that the older generations call “the youngsters”.

    What are myths about millennials and their business habits and how correct are they?

    Prejudice about Generation Y is not rare. 

    For example, they are spoiled, lazy and dependent on technology.

    It’s important to know these prejudices, whether you are millennials or need to employ them.

    Let’s break down some of the prejudices.

    All the millennials are the same.

    Although it is quite easy to identify some common values and habits among the millennials, the fact is that their number is so large that any generalization at the start must be wrong.

    Even marketers who target millennials are always choosing subgroups within this generation.
    Millennials - Five stereotypes about them 1

    Millennials are not all the same

    That can vary drastically!

    The millennials are equally, a guy with 24 who lives with his parents and drink in front of the drugstores, as well as the successful 36-year-old CEO.

    That’s why, in the first place, they should be viewed as individuals, not as homogeneous groups of people of certain generations.

    Millennials are lazy.

    The fairly widespread prejudice of the millennia is that they want higher and better status. And much before they earn them and without any efforts. Besides, many are ready to say,  they are not prepared to do as much as necessary to achieve the set career goals.

    Millennials - Five stereotypes about them 3Personal development is goal 1 for Millennials

    However, research once again shows a completely different picture: the majority of millennials said that learning opportunities and personal development are extremely important. That means they are not passive or spoiled lazy people, which is often assigned to them.

    The Millennials are disloyal.

    This is one of the more prevalent prejudices. The millennials are not loyal to the companies that employ them and that’s why they “jump” from work to work.

    In reality, research shows that Generation Y stays longer with their employers than Generation X in their ages.
    So, back off!

    The millennials are inert.

    You can hear they are satisfied with themselves and therefore do not perceive the work as a struggle.
    Reality shows a different picture.

    Many of them have student loans, and they are often poor because they work badly paid jobs or are unemployed.

    They have average less income than two previous generations in the same ages.

    This means that many of them are willing to work to provide economic benefits. This is supported by the fact that 59% of the surveyed millennials said that competition was the only reason why they got out of bed in the morning. This option was chosen as the most motivating by 50% of Baby Boomers, born between 1946 and 1964.

    Millennials only deal with the digital world.

    Although you certainly know at least a handful of fully digital-ignorant persons under 35. The fact is that 98%of millennials aged 18 to 24 have smartphones and are familiar with digital technologies.

    Learn to earnMillennials deal with the digital world

    However, this does not mean that this is the only world they are dealing with.

    When it comes to learning new skills, Generation Y prefers live contact, rather than via the Internet.

    It is certain that this is not the end of the list of prejudices about the millennials.

    To observe the whole of this group of people as homogeneous at the start is a serious error in the mind.

    That’s why every person, whatever the generation belongs, should be observed as an individual who has his own characteristics and things in common with his generation. That may not necessarily determine its qualities but it will help you to understand them.

    Millennials and their finances

    Generation Y makes up a significant and growing percentage of the workforce, and it is estimated that by 2025, they will make up about 75% of the total workforce.

    Given from GenXMillennials are overflowed by debt

    The majority of millennials are overflowed by debt.

    The big expense of education takes to significant debt. Some surveys show that more than 70% of millennials have at least one long-term debt.

    The same source point that 30% have more than one. That may be student loans or revolving accounts. Also, Generation Y has unpaid medical bills.

    All this touches millennials’ capacity to handle their outgoings. One in four, meaning 25%, has overdrawn their checking account in the past year. In the same period, 23% withdrew the money from their retirement accounts.

    “Young adults may not understand how taking money out of their retirement accounts now has an exponentially negative effect on account balances in the future,” says Ted Beck, former president and CEO of NEFE.

    Our question is, did they have some other possibility?

    There must be some ways to earn money.

    According to this research, the majority of Generation Y feel they have significant debt and they are generally disappointed with their financial position.

    The fact is that paying off debt ASAP is the priority but how to do so if there is no steady paycheck?

    Rising a career is a difficult and individual path.

    We heard it so many times: Generation Y should think about long-term possibilities.

    They have to find a solid career that will produce the income to finance expected goals.

    How? Where?

    Many of millennials are already in high corporate positions. But the majority still have a problem to handle their debts.

    Maybe this can be the solution.

    The early ages are a good period of life to save for major purchases.

    Do you want to know how?

    Don’t waste your money!

     risk disclosure

  • Swing Trading and Day Trading – Make A Difference

    Swing Trading and Day Trading – Make A Difference

    4 min read

    Swing Trading and Day Trading - Make A Difference
    Swing trading or day trading? Where is the difference?

    For some new trader, day trading and swing trading are like two different movie roles.

    Day traders open and close many positions in a frame of one day. On the other side, as a totally different character, is a swing trader. Such a trader takes trades that last many days or months.

    The different styles satisfy different types of traders. It depends on some factors such as the type of market, how much time they want to spend on trading, or what characteristics they have as traders.

    Normally, both methods have the same goal: to make a profit grown on price changes in the market.

    First of all, you should know all the features of your trading system. You have to feel comfortable when trade and you must profit from it.

    Never ever pick your trading system randomly. Or because it works for someone.

    Why is that?

    Because the trading system is like a pair of gloves. The only one will suits you the best.

    Your trading system must meet your temperament.

    It isn’t about that swing trading is better than the day trading. It is all about which method satisfies a trader’s individual goals.

    Some traders will adopt swing trading, but others will use day trading.

    Day trading is good for traders who want quick returns. For example, a day trader risks 1% of funds on each trade. If there are loses, the trader loses 1%.

    What does happen if a trader win?

    A trader will make 2%. Do you know why?

    Reward to risk ratio is 2:1.

    Let’s go deeper!

    Assume the day trader wins 50% of trades. And the trader makes, for example, 6 trades in one day. That will be in the final score 3% on the account balance. Yes, minus trading fees.

    Well, with making 1% per day the trader will increase trading account by more than 200% per year.

    Wait, nothing is so easy!

    On the other side of the medal is that you can very fast drain your trading account if you opt day trading.

    How?

    Let’s see!

    You must have winning trades twice more than lost trades. At the same time, you have to win 50% of all the trades you take.

    Tell now is it easy!

    Swing trading collects gains and losses increased gradually.

    The purpose of swing trading is to take larger price moves than it can be found as intraday price performance.  

    In other words, swing trading has based on the fact that the price does not run in a continuous course.  

    For you to have a clear picture.

    Have you ever see the waves on the ocean?

    That’s how the price moves in swings, depending on the short-term price trend and momentum.

    The essential concept of swing trading is to enter at or near one swing top and exit at or near the next.

    Just like riding the waves. Swing trading is a trading methodology that seeks to capture a swing.

    Just like a surfer trying to catch the wave. Swing trading, in essence, is to catch one move in the market.

    Swing Trading and Day Trading - Make A Difference 1
    In an average month, the swing trader could profit 3%, minus fees.

    For a one year, a swing trader may gain 36%, which sounds good. Some proponents of day trading will tell but offer less potential than a day trader’s possible earnings.

    But swing trading fans will tell that has a much larger profit potential than day trading.

    On their benefit, the time frame for trading is larger so the profit targets are also greater.

    The truth is if you modify the numbers of trades won, the wins compared to losses will have an influence on earning potential.

    Sound logical indeed!

    The universal rule, day trading has more profit potential. Especially if you trade with a small account.

    Well, everyone would like to trade with a large account.

    But there is the catch with day trading.

    When the volume of the account increases it is harder to employ all the resources on short-term day trading.

    Or think about this!

    For example, the percentage of returns decline the more capital the day trader has.

    The money returns are increasing, of course! But 3% of returns on $2 million account is still more than 50% on $100,000.

    The capital demands

    Day trading and swing traders can begin with different sums. It depends on which market they want to trade. There are some differences if they trade the stock, forex or futures market.

    If you want to day trade stocks in the US it is recommended to start with $25,000.

    Swing Trading and Day Trading - Make A Difference 2
    A swing trader will start with $10,000 and rather with $20,000 if want to pick a profit from trading.

    A lot of money indeed.

    But if you want to start day trading on the forex there is no minimum needed for that.

    Well, it is advised that traders should start at $500. To swing trade forex, the minimum recommended is about $1,500. But you would like to start with more. You will need the capital that allows you to enter a few trades at one time.

    To trade futures as a day trader, you will need about $6,000 more or less.

    For example, trading micro contracts may require less.

    For swing trader to trade a futures contracts, it is recommended at least $10,000. Even more! About $20,000 or more is better.

    This amount depends on the margin demands of the contract you want to trade.

    Time frames differences

    Frankly, day trading takes up much more time. Day traders ordinarily trade for at insignificant two hours per day.

    Are you sure you have 2 hours every day to dedicate to trading?

    There is preparation time, too. That means spending three to four hours at the computer.

    Swing trading will demand a much shorter time. For instance, a trader is swing trading off a daily chart. Such a trader may find new trades and update orders on current positions in less than one hour.

    Even less!

    Some swing traders will finish all about trade once a week. That means a one-hour per week, and moreover, not over the night.

    They can go to sleep earlier! Or do whatever they want! Go to the cinema! Or have a romantic dinner!

    If you prefer to be an unfortunate day trader, you must do day trading while a market is open and hot.

    On the other side are swing traders. They can place orders at any time of day. Even when the market is closed.

    They are such lucky guys!

    The bottom line

    We cannot say the one trading style is better. They are just different. Both can be suitable for different needs.

    Day trading has more profit possibilities.

    Swing trading has a bigger chance of percentage returns.

    There is one big difference.

    Money demands to start trading are considerably different.  

    Day trading requires more time than swing trading.

    But swing trading demands less stress.

    Anyway, your decision will be the last one. But remember, you have to find the one which will suites you the best.

    For your profit.

    Don’t waste your money!

     risk disclosure

  • Swing Trading Forex Explained

    Swing Trading Forex Explained

    2 min read

    Swing Trading Forex
    Swing trading Forex is a type of short-term market speculation where positions are held for longer than a single day.

    It has relationships to long-term trend following. But you instead are looking for much shorter market moves.

    Also, swing trading is a longer term trading style. It requires patience to hold your trades for several days at a time.

    It is excellent for those who can’t monitor their charts throughout the day. For those who can dedicate several hours examining the market every night.

    The swing trader is actually looking for multi-day chart patterns.

    Why?

    To achieve bigger price moves or swings than you would typically get from a day trade.

    It is possible to start forex swing trading with $1,000 or less. Moreover, with the right plan, it is possible to start making a small income or to grow the account.

    The point is that the forex market gives precise control over positions size and risk.

    So, even a small account can be traded in the same way a experts trade a large account.

    Swing Trading Forex 2
    But you have to know some steps that guide you through the process of growing any size forex account.

    Yes, you can start with less, but if you want a decent income, you should start with at least $500.

    The problem with start with less than $500 is that you’ll be limited on the trades you can take.

    On the other hand, $1,000 gives you a bit more space. So you should be equipped to take most of the swing trades.

    This is apparently best suited for those who have enough free time to stay up-to-date with what is going on in the global economies.

    Swing trading tries to recognize “swings” inside a medium-term trend and enter only when there are big chances of winning.
    In general, swing trading is taking trades which last for a day to a couple of weeks.

    When you swing trade the point is to spend about 20 minutes each night finding trade set-ups. This happens after the US market close but before the London market open.

    You can set your entries, stop losses and targets and go to sleep.

    The advantage of swing trading Forex

    Swing Trading Forex 3
    The advantage is, the risk is managed and the targets and stop losses are set. So there’s no need to continually monitor the trades.

    When you set targets longer than stop losses, the math will be done and increase your account.

    Even if you gain only 40% of your trades you will be profitable using this method.

    The trades last much longer than one day. So larger stop losses are needed to overcome volatility. A forex trader must adjust that to their own money management plan.

    There can be many changes in the price during the shorter time frames.

    Hence, you will experience trades go against you during the holding time.

    It is essential that you are able to stay cool during these times and trust in your analysis.

    Forex Swing Trading and Brokers

    A man is watching the monitor
    Before getting into swing trading, it is recommended to have the right type of forex account.

    Your account must allow you to trade micro lots.

    Why is this necessary?

    A micro account allows you to trade in 0.01 lots. That means each pip is worth $0.10 for example in pair EUR/USD.
    So, each pip is worth $1.

    A standard account expects trading full lots, where each pip is worth $10.

    The good thing with a broker that lets you trade micro lots is that you can really adjust your position. Assume you increase your account to $10,000. You’ll still want to be able to trade micro lots. With micro lots, you can adjust your position so you’re risking 1% of your account.

    On a $10,000 account, with risk at 1%, you can lose up to$100 per trade. With a 70 pip stop loss, you can take 14 micro lots which give you a risk of $98.

    Can you see the difference? Nice!

    Trade micro lots and trade with a broker that lets you trade in micro lot profits regardless of account size.

    Try to find a broker with small commissions. The spreads could be less than a pip in most pairs. This is perfect for swing trading Forex.

    The bottom line

    Swing trading is more of a style, not a strategy. The time frame defines this style. There are countless strategies you can use to swing trade. Swing trading is a style that moves over short to medium time frames. It occupies the very short time frames of day trading and the longer time frames of position trading.

    The support and resistance are the key concepts behind this style.

    Swing trading Forex strategy gives you the choice of following the trend. Also to trade counter to the trend.

    If you don’t mind holding your trades for several days or you don’t mind having large stop losses.

    You are stable and swing trading Forex is for you.

    Don’t waste your money!

    risk disclosure

  • WazirX Cryptocurrency Exchange Review

    WazirX Cryptocurrency Exchange Review

    2 min read

    WazirX Cryptocurrency Exchange Review
    WazirX is an Indian cryptocurrency exchange. It is run by Nischal Shetty, Sameer Mhatre, and Siddharth Menon.
    This India’s largest crypto exchange is now open to all countries. They are giving away free WRX Coins for signing up.

    As we wrote before, the Reserve Bank of India on 5 April 2018 directed all banks to end their existing banking relationships with cryptocurrency exchanges and traders. The ban became active on 6 July 2018. The ban was, however, appealed. The final hearing before the Supreme Court in such appeal was on 11 September 2018.

    And now there is in India the largest crypto exchange opened to the traders all over the world.

    In its blog, the company pointed out that fiat to crypto conversion is a global issue and a lot of cryptocurrency enthusiasts across the globe struggle to convert fiat to crypto and vice versa. They have to rely on local platforms that charge high fees and high spreads. WazirX wants to take its tried-and-tested P2P platform to solve this problem across the globe.

    India's trusted bitcoin exchange
    WazirX offers real-time open order books, charting, trade history, deposit, and withdrawals. So you can trade and invest in some of the world’s best performing digital assets.

    The user interface UI is friendly and easy to use.

    WazirX Exchange Offers:

    – Peer 2 Peer Transaction
    – Cryptocurrency Exchange
    – WRX Mining

    There are a large number of cryptocurrency exchanges based in India. In addition to this exchange, there are Koinex, EthexIndia, BITSSA, Unocoin, and ZebPay, to name a few.

    But most of them only offer to trade in BTC however. The only Indian cryptocurrency exchanges with more than a dozen different cryptocurrencies traded are WazirX, Koinex, and ZebPay.

    Different exchanges have different trading looks.  You have to determine which trading look that suits you the best.

    What their designs usually have in common is that they all show the order book or at least part of the order book, a price chart of the cryptocurrency and order history.

    What makes WazirX different?

    WazirX trading fees

    WazirX charges 0.25% if you’re a taker.

    It also takes the silver medal with respect to its maker fees, only BITSSA charges lower fees.

    The exchange charges 0.10% if you’re a maker. This means a 0.15% discount compared to the exchange’s taker fees.

    They are giving away free WRX coins

    WRX is a digital asset just like Bitcoin. We found on their official web site that there will be a maximum of 1 Billion WRX coins ever created. Over a period of time, creators expect the value, utility, and liquidity of WRX to increase substantially.

    By owning WRX coins through the WazirX signup and referral reward program, you become one of the early holders of the coin.

    Why they are doing this?

    WRX coin giveaway

    As we could see, they want to gain customers trust and involve you in helping them build WazirX.

    That’s why they want to reward new customers for joining in early.

    Also, they intend to build a strong user community.

    ”This also helps us stay true to the ethos of crypto and blockchain – to share the wealth instead of hoarding it,” they stated on the official web site.

    They planned to launch WRX. Instead of launching an ICO first, they plan to include community members as the first holders of WRX.

    If you join directly from a there website you will get 100 WRX.

    WazirX withdrawal fees

    WazirX charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This fee is below the global industry average. We can say that is a rival advantage upon the majority of other top crypto exchanges in the market.

    Deposit methods

    WazirX allows wire transfer deposits but not credit card deposits. As far as we know, only one Indian cryptocurrency exchange allows credit card deposits at all (BITSSA).

    Security

    This is actually the only place where this particular cryptocurrency exchange takes the first place among Indian cryptocurrency exchanges. No other Indian cryptocurrency exchange has a higher security score.

    WazirX is the most secure exchange in India.

    On their web site, we found a detailed explanation about some important practices you should follow to keep your WazirX account secure.

    One point more for them.

    It is safe to trade, but it is a still new platform in the Indian market. So it will take time to build trust in Indian crypto trading community.

    And now, all over the world.

    The bottom line

    WazirX is a good platform. If everything goes right, this Indian exchange has the potential to become the best Indias exchange in future years. WazirX, the largest Indian crypto exchange is opened to traders all over the world now.

    Don’t waste your money!

    risk disclosure