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  • Which Altcoins Look Good in The Near Future?

    Which Altcoins Look Good in The Near Future?


    Altcoins are cryptocurrencies also like Bitcoin. But most of them are forks of Bitcoin with small changes.

    By Guy Avtalyon

    Altcoins represent all coins that are not Bitcoin. Altcoins are usually under the radar. Still, altcoins can generate fantastic gains if you are lucky enough to find the particular one that skyrockets soon.

    But be aware. The risk involved is really high.

    You may end up holding a bunch of useless projects that never go anywhere.

    The current cryptocurrency market is very hot. And everyone wants to make a lot of money there. Well, as first, count on the risk because here it is very big.

    When you want to invest but you don’t know which crypto to purchase, you should find more and more information about cryptocurrencies. And look at their white papers.

    What altcoins to choose?

    It would be arrogant of us to think that we can predict exactly which altcoin will be the best. And take this piece of advice. Never listen to anyone who pretends to know everything for sure in crypto.

    We are not saying only these altcoins are good or they’re the best. They’re just altcoins that we can imagine are going to be worth looking at in more detail.

    We have to tell you this is not financial advice to invest in any crypto and please do your own homework and make the decision by yourself.

    To do our homework, we followed 3 criteria for coins:

    *  Isn’t related to a Ponzi scheme or multi-level marketing
    * can’t be in the current top ten
    * must be tradable on a trusted market or exchange

    Find answers before choose altcoin

    Do they have a solid team? How is about their technology? Is it solid enough already or, maybe, their future technology could be unique? Also, is this company going to work 5 years or more?

    We know that many of you may disagree with our choice, but feel free to express your opinion in comments.
    The order on this list is random.

    What altcoins to look at?

    1) Ethereum – This list of the best altcoins must begin with Ethereum, which is the second most valuable cryptocurrency after Bitcoin. Ethereum was launched in July 2015 by the now-famous prodigy of the cryptocurrency world and it was done by Vitalik Buterin. This altcoin provides a platform to the developer on which they can build blockchain-based smart contracts and decentralized apps.

    It was the first cryptocurrency to introduce smart contracts, which are now considered as the next big thing.

    One of the biggest challenges being faced by Ethereum has been scalability. Ethereum’s network currently supports roughly 15 transactions per second.

    This isn’t that great but we expect they will solve that in the near future.

    2) Litecoin – One of the oldest altcoins, was created in 2011 by Charlie Lee. Like Bitcoin, Litecoin is also a digital currency but with improvements. In fact, the reason for launching Litecoin was to overcome some of the shortcomings of Bitcoin, especially its slow transaction speed.

    The reason that it is called Litecoin is that it is 4 times faster than Bitcoin. Bitcoin’s transaction takes about 10 minutes to complete but a Litecoin transaction is completed in 2.5 minutes.

    3) ICON – It is a project that has experienced huge gains. Currently, it’s not even traded on Korean exchanges, which is insane. Their vision is to allow many different blockchains ( private and public) to work together, like universities, banks, hospitals, schools and they can all share information together via Icon and other partners.

    Further

    4) Neo – It’s one of the best long-term altcoins. Neo has the potential to reach Ethereum’s market cap. Many people invest in Neo because they have confidence that sooner or later the Chinese government is going to legalize ICOs again. But only if Neo is the blockchain is used.

    Neo’s CoFounder Da HongFei himself has denied this theory several times. The Neo project is much more than trying to be Chinese Ethereum. And it’s going to succeed anyway, without depending on what China does with ICO’s. Neo is going to help create the future of blockchain. You don’t need ICOs to be legalized in China for this to happen.5) DASH – Altcoin launched in 2014 by Evan Duffield. At the time of launch, it was called Xcoin and was then renamed to Darkcoin. In 2015 that it was rebranded to Dash. Dash has been forked from Litecoin, which is itself built on Bitcoin’s technology but it offers significant advantages over Bitcoin like better privacy and a higher transaction speed than Bitcoin.

    6) Cardano (ADA) – Cardano is one of the newest cryptocurrencies and it not only offers a platform for Dapps and smart contracts but also offers many technological improvements over Ethereum and other blockchains.

    This altcoin has not given as high returns as other top coins but it is still popular among investors because of its promise of building a highly robust blockchain that offers advantages over Ethereum. We will see!

    More

    7) EOS – Relatively new altcoin whose Initial Coin Offering (ICO) was launched in June 2017. EOS and created by Dan Larimer. It is both a digital currency and a blockchain platform for DApps and smart contracts, more like Ethereum than like Bitcoin. This coin is much more scalable than Ethereum and EOS support multiple languages, including C++. This is a very convenient feature if you are the developer.

    8) Wanchain – It is possibly even more hyped up cousin of Wanchain. The two projects are in the same category of projects but are complementary to one another.

    Wanchain works on the ability of different chains to work together, like Icon. This is going to be of huge value as blockchain develops.

    9) Filecoin – Filecoin is a decentralized storage solution. Filecoin allows for anyone, anywhere to get paid for storage and it is built on top of IPFS. It is a new peer-to-peer protocol. Filecoin broke a record while raising $257 million dollars at their ICO. It has all of the right things with worldwide implications.

    These are just some of my thoughts that I share with you and you should not take them as the only and undeniable truth.

    Should you be cautious about altcoins?

    People are being very cautious with all these new forks and new versions of Bitcoin. There are alts that are booming right now it is just when new people join the market. They generally know only about BTC and once they do due diligence and learn about the market and with all the great alts that are out there, the money will shift.

    What do you think? Which alts look good in the near future?

    You might be interested MONETIZING BITCOIN – THE TECHNOLOGY BEHIND BITCOIN AND ITS USES

  • What Are The Best Days For Forex Trading And Why?

    What Are The Best Days For Forex Trading And Why?


    Trading time, the market is open for five days throughout the week.

    By Guy Avtalyon

    The best days for trading Forex… I’ll stop here and give to you some explanation. Most forex traders are more successful during the late US, Asian, or early European trading sessions – essentially 2 PM to 6 AM Eastern Time (New York), which is 7 PM to 11 AM UK time.

    If you are a newcomer you would like to trade every second of every day. We know all about that. Our case: We figured the more active we were, the more money we would ultimately make. It so-called addiction to trading! (more about this kind of addiction you can find HERE)  Frankly, we all are probably yet, but we know how to handle it. We hope.

    But after many years we figured that making money in this business isn’t about quantity, it’s about quality. So, you must find the best days for trading Forex.

    Well, you decided to become involved in Forex trading.

    Good!

    But you must have taken to attention the fact that market volatility does not remain constant during the day. Proper timing may be the crucial aspect of successful short-term trading.

    You have to be sure when are you going to trade.  When is the best trading time? Because engaging the marketplace during periods of maximum participation increases the efficiency of trade execution. As well as the probability of recognizing the opportunity. 

    The market is open for five days throughout the week.  But volatility is subject to change during any given time span: a month, a week, or a day.  If you are aware of patterns, according to which this volatility changes, you can modulate your trading strategy. And you’ll be able to take the maximum profits from trading are gained.

    OFC, if you know which trading time is producing favorable setups, you’ll know whether to stay on the sideline or begin searching for new opportunities.

    That’s the goal!

    If you trade the 5 or 15-minute charts, it is important to have many varied parts of sessions throughout the day. But if you want the switch to a higher time frame such as daily time frames, these sessions become less important.

    But instead of concerning intraday sessions, let be more focused on the day of the week because the Forex market never closes, and the currency pair can open on Monday at a different price from where it closed on Friday. It is called the weekend gap. If you aren’t cautious, you can get grasped on the wrong side and not even your stop loss will save you.

    But let’s go to the object of this post, what is the best trading time.

    The most quality setups realize between Tuesday and Thursday. The middle of the week is the “sweet spot” for finding profitable ideas because this is the time when most action happens.

    Why the best days for trading Forex is the middle of the week?

    On Tuesday, volatility is 20 to 30% higher than on Monday. But it is followed by Wednesday’s moderate decrease, which occurs due to swaps. This can be described as an exchange of assets between traders. What happens at a certain predefined trading time.

    During the swaps, traders who keep holding their positions agree to exchange their investments or financial instruments at a preset price. Sometimes, a triple swap is collected, as Wednesday evolves into Thursday, and traders keep their day’s positions open. Traders are getting back to work on Monday, after the weekend, so things move a bit slower. When the market opens on Monday, there’s a high level of uncertainty about what direction each pair will go on that week.

    For this reason, try not to trade on Mondays. The only exception is if there is a highly favorable opportunity that you just can’t let pass up. Fridays are when traders begin to pack up for the weekend, they exit positions in preparation for their two days of rest.

    The best days for trading Forex: Mondays and Fridays aren’t a time to relax.

    It is the best time to analyze the market, update the watch list, and make yourselves ready for new opportunities.
    Positions last from a few days to a few weeks, but they almost always include at least one weekend in the process. And it can cause a dilemma for most traders.

    You must hear many tips on how you have to avoid holding positions over weekends due to gaps that can form on Monday. But if you place a trade on Wednesday or Thursday, that’s difficult.

    What are the best days for trading Forex?

    You can do two things to protect your capital when heading during a weekend.

    The first is to make yourselves aware of any events on the calendar. If you have Euro exposure on Friday and you see, for instance, it will be some referendum in Spain or elections in Italy over the weekend. It’s probably a good idea to exit the position. You have to be aware of when certain events are taking place. Even political.

    The second thing you have to do is to make a decision based on where the trade is in its lifecycle. Is it trading near your entry or are you up 150 pips by Friday’s close?

    What is smart to do?

    In the first example, you have a 100 pip buffer between current prices and your entry. Sticking with the position could be the right move.

    In the second example, you don’t have a buffer. If the pair opens next week near Friday’s close, chances are you’ll be able to secure the same entry

    Optimal time in which to enter or exit a given market is the exercise for traders. For some traders periods of enhanced liquidity and volatility may be desirable, others may see plenty of risks.

    Individual capital resources, risk tolerance, and style of trading must be taken into consideration when deciding on the best time of day or week to trade

  • Stock Market Is Going To Crash? Where Could You Put Your Money?

    Stock Market Is Going To Crash? Where Could You Put Your Money?

    Do you believe that the market will crash or you know? There is a big difference between what you believe and what you know.

    2 min read

    market crash

    Market crash or market not crash. If you truly believe the market is going to crash, there are a lot of sorts of places where you can put your money.

    You could buy gold or real estate or you could take an aggressive approach. And try to capitalize on stocks’  by loading up on investments designed to rise when the market falls or you could move it all into cash.
    But be honest.

    Do you really believe in such a scenario? Market, crash!

    There is a big difference between what you believe and what you know. Do you know that the market crash is close? When? Tomorrow? Next week?

    On the other hand, I can understand that someone can recognize market crash in this uproaring and uncertain times.

    We all remember, OK most of us, March 2009 and market crash.

    Everyone was extremely agitated about the falls in the stock market. And people were feared that the stock market might continue falling. Many people wanted to sell the holdings in his investment portfolio, move the proceeds to cash and sit out the market turbulence.

    And you know that emotions have an important influence on investor behavior and how do they make decisions.

    This can often lead to investors failing to capture the returns that are there for the taking. And as a result, suffering poor financial outcomes and according to some research, we are twice as sensitive to financial losses as we are to making gains.

    But is it so today?

    Is this the same situation? Will the market crash? Or it may not be. Think about it.

    The ones who like to predict disasters pointed to any numbers of reasons why they believe the market is headed to a crash.

    You have the choice to pick. From the growth-slowdown scare in China that sent stock prices down 12% in the summer of 2015; Brexit and the election of Donald Trump. Anything is supposed to be catalysts for a market rout. Obviously, some prediction of the market’s downfall is going to turn out to be right. But after the turnaround began in March 2009, it’s not as if investors knew the bear had run its course.

    While we believe we know where stocks are headed, we actually don’t.

    The same goes for market pros who may speculate and prognosticate (sometimes even provide valuable insights into what’s driving the market). 

    But they don’t really know what the financial markets are going to do in the near term. They don’t know will the market crash. 

    I don’t think it makes sense to shift your money around in an attempt to outguess the markets, whether that means going to cash to avoid a setback or moving to an investment you think will thrive while the market drop.
    That doesn’t mean you should sit back and do nothing.

    You can do the following things:

    The most important thing you want to confirm is your asset allocation or the percentage of your holdings that are invested in stocks.

    That will determine how your portfolio holds up if the market takes a major dive.

    Take this time to go over your holdings and tally up how much you have in stocks and how much in bonds and you’ll see how your portfolio is divided up between stocks, bonds, and cash.

    Second, figure out where your asset allocation should be.

    I’m sure you want a blend of stocks and bonds that will generate high enough returns so you can reach your financial goals but at the same time isn’t so risky that you’ll sell stocks in a panic during a major stock rout.

    Think back about how you handled past downturns or how you reacted when stocks began to dip and dive. You want to come as close as you can to a blend of stocks and bonds that you’ll be okay holding in a variety of market conditions. And then make all necessary adjustments.

    Then you feel you’ve got a portfolio that will provide sufficient gains during rising markets and enough protection during routes.

    You’ll be able to hang on until the eventual recovery, regardless of what’s going on in the market. The idea is to make sure your portfolio doesn’t become too aggressive during market upswings. Or too conservative when stocks take a hit.

    Making dramatic changes such as fleeing to cash or switching to different investments altogether, may be challenging at times when every news story or TV show you see seems to suggest that the market is on the edge of Armageddon.

    But you don’t want to let fear and emotions dictate your investing strategy and lead you to make impulsive decisions.

    Can I guarantee that this approach can provide you with the best results during the long – term? Of course not.
    This is just another  ”what would be if it were” scenario.

    Risk Disclosure (read carefully!)



  • Is It Possible to Lose Money Trading BTC and Crypto?

    Is It Possible to Lose Money Trading BTC and Crypto?

    Is It Possible to Lose Money Trading Bitcoin and Crypto?
    Never trade Bitcoin or any other crypto without a strategy.

    By Guy Avtalyon

    Yes, it is possible to lose money trading BTC and crypto. It is, at the same time, one of the prettiest ways to be rich or poor.

    First of all, trading cryptocurrencies is not an easy task – it is a CHALLENGE and FIGHT!
    That’s the point!

    Frankly, you are not the only one who loses money right now. But remember like in a war: the Lost battle is not lost war.

    It shouldn’t be the question of WHY people lose money in crypto trading (it’s almost the same in every trading), the challenge is how people manage it in general.

    Crypto trading is one of the best “money-making” methods today. If done right you can’t lose money. If not it so easy to lose money trading BTC.

    In order to avoid failure, Traders Paradise will introduce several reasons why people are losing money by trading crypto.

    Is there a reason to get panic?

    Well, actually there is no reason.

    One of the biggest and most important tools that traders have is technical analysis.

    But there are so many and plenty of ways to lose money! Trust me!

    For example, you can use social media predictions. Or you follow someone in the hope that he/she knows what to do.

    And there can be the first catch.

    You can lose money if you can become a victim of fake news. Because naturally, marketing always goes through these channels to keep up with the current information highway traffic. It wouldn’t be a good idea to buy coins by following “Tips” given by ICO’s or people that are trying to sell their coins to increase the value of what they have.

    Right? They’re trying to create a fake “hype” that can end up in disaster.

    That’s why you should always do your own researches. Clear?

    FOMO or “Fear of Missing Out” is something that most people are actually feeling today. The Bitcoin train left the station a long time ago leaving people with doubts which altcoin could be the next rocket star. When Bitcoin has soared up to heights that no one has ever dreamed, a lot of people were in awe and dismayed that they didn’t buy BTC earlier.

    This sense of lost opportunity again triggers, always when a price of a coin goes up making people buy at the wrong time (the price is high, damn) with the fear of it not going back down.

    Strategy!!!

    Of course, you MUST have a strategy! Crypto trading is very severe. Before entering the crypto trading you have to be well prepared. Otherwise, you can lose money trading bitcoin. Entering into the space of crypto trading without having any strategy ready for use is just like putting a hand into the basket full of dangerous snakes.

    You will not survive! You should buy some books about trading strategies.

    “Hold on for dear life.” HODL, damn! Crypto trading platforms or websites have a feature known as “Stop Loss”. There you will be able to control the loss of your assets by setting a “safety net” that would stop your loss on time and not drag you down to limbo. Limbo is not a good place!

    Leverage! Too much of it is bad.

    Leverage can be devastating if not used properly. It is when a trader uses borrowed money to increase trading position beyond what such could from existing cash balance on the trading account. The broker allows leverage through margin trading and borrows missing funds

    If you are trading with a 20:1 leverage you can earn $20 if the price of your trade goes up by $2.

    But if your investment loses and it goes down $2 you also lose $20 instead of earning when the price goes down.

    A leverage trade is always expressed as a ratio: for a 20:1 leverage, you will be able to buy $20 assets with only $1. Old trading saying is “Do not ever trade more than you can afford to lose!”

    The most popular adage in the trading world refers to a making margin trading or the use of leverage to go beyond the line of trading more than you can afford.

    Since you are already in debt the minute you took the leverage.

    And now you have the right reason to invest some time in learning.

    You don’t need a degree! All you need is to read and to make a decision or you will face all ways of successfully losing money in trading Bitcoin and crypto.

    Good luck!

  • What Is better: Trading or Investing and what are the differences?

    What Is better: Trading or Investing and what are the differences?

    2 min read

    Let us explain the differences between traders and investors, at first.

    Stock traders are individuals (or entities) engaged in the trading of equity securities, or the transfer of other financial assets.

    They work either for themselves or on behalf of someone else.

    They may operate as agents, hedgers, arbitrageurs, speculators, or investors.

    Stock investors are individuals (or entities) who use their own money to buy equity securities. The goal of the stock investor is to gain returns, which come in the form of income, interest, or appreciation in value also known as capital gains.

    DIFFERENCES BETWEEN TRADING AND INVESTING

    Investing and trading may often be classified together.

    But, they are both different ways of attempting to profit from the financial markets.

    The goal of making investments is to progressively increase wealth over a long period of time by using the buying and holding of a portfolio of stocks, mutual funds, bonds and other methods of investment.

    Trading involves short-term buying and selling of stock and commodities such as currency pairs and other instruments. The goal is earning profitable returns which outperform a traditional buy and hold investing.

    For example, while most investors may be satisfied with a 10% annual return, traders may seek to achieve this per month.

    Period of acting

    Return on investment and payback period seem to be the two most commonly used financial metrics for making sustainability investment.

    Trading is a method of holding stocks for a short period of time. It could be for a week or more often a day! The trader holds stocks until the short term high performance.

    On the other hand, investing is an approach that works on buy and holds a principle.

    Investors invest their money for some years, decades or for the even longer period. Short-term market fluctuations are irrelevant in the long-running investing.

    Growth of capital

    Traders look at the price movement of stocks in the market. If the price goes higher, traders may sell the stocks.
    So we can say, trading is the skill of timing the market but investing is an art. 

    The real art of creating wealth by compounding interest and dividend over the years by holding quality stocks in the market.

    Risk of both fields

    Both, trading and investing, include risk on your capital.

    But trading involves higher risk and higher potential returns. The price might go high or low in a short while.

    Investing takes a while to develop. It involves comparatively lower risk and lower returns in the short run. But might deliver higher returns by putting together interests and dividends if held for a longer period of time.

    Daily market cycles do not affect much on quality stock investments for a longer time.

    Essentially differences

    Trading is a one day match while investing is a championship.  

    Similarly, traders are skilled, technical individuals, they learn market trends to hit higher profits in the stipulated time. It is related to the psychology of the market.

    Investors, on the other hand, analyze the stocks they want to invest in. Investing also includes learning business fundamentals and commitment to stay invested for a longer-term.

    It is related to the philosophy that runs the business.

    Traders put money in a stock for a short-term,  buy and sell fast to hit the higher profits in the market. Missing the right time may lead to the loss.

    They look at the present performance to hit the higher price and book profits in the very short term.

    Investors keep themselves away from the trends and invest in value.

    They invest for a longer period of time keeping the attention of the stocks they hold. They wait till the stock reaches its potential.

    You are the one to decide is your goal  trading at a higher price making a smaller profit in a short time. Or holding/investing on and sell at much higher price in the long run is what you aim for.

    A key rule of trading is to only do so when you are certain that there is an upcoming future event which is predicted to drive the stock value of an organization or entity higher.

    When trading, there are certain strategies which must be put in place.

    Traders should take note of the news and use it to make an educated decision which will hopefully enable them to make a profit afterward. This shows the difference between trading as a short-term investment and investing as a long-term method of gaining wealth.

    When investing, the goal is to bank profits over the long term.

    With dips in value simply providing the opportunity to buy more of the commodity in question. Investing means sitting it out when the commodity rises in value as there will likely be more good news ahead for the company and more profits to be made.

    If you are new to the world of investing and trading, it’s important to know which you are going to choose.

    The imperative to increase your financial gain is what defines it.

    Knowledge of the subject is important. 

    If you are knowledgeable about the stock market but have little idea about how to trade Forex, for example, you will naturally head over to the stock market for your first investment.

    General advice: Don’t get investing and trading confused – it could seriously hurt your portfolio!

  • Millennials Have Nothing Saved For Retirement

    Millennials Have Nothing Saved For Retirement

    1 min read

    Hey, millennials! What are you trying to do? Are you saving for retirement?

    You have really upped your game when it comes to saving for retirement: only 1 in 6 millennials reportedly have $100,000 socked away.

    In fact, most millennials are not on track when it comes to saving for retirement. Statistics show that 66% of people between the ages of 21 and 32 have absolutely nothing saved for retirement.

    I know, you are not surprised. I’m not either. Young people do not have leftovers for savings. Many have started to work at a time of stagnant salaries and high unemployment. 

    Pensions are disappearing, the future of social security is uncertain.

    It’s likely we’ll live forever.

    Millions of millennials have little or no savings.

    In the first place, they believe they’d be better off by putting their money elsewhere. Some have to pay off student loans.

    Some are trying to build up their own business.

    Many started to work at low-wage jobs for a few years and then went back to school to improve their employment chances. And some have more immediate costs like childcare and rent.

    We can recognize the ruthless pressure to save more for a distant future.

    And it is completely disconnected from your reality.



    We each face different circumstances and desire different things in life.

    But supposed experts continue to implore this entire generation to save in retirement accounts.

    Do they know that only focusing on saving for the future means the possibility to neglect more pressing financial issues?

    Such common sense rule about savings disregards life cycle priorities that differ from those of the generations past.

    Instead of cashing out after working at the same job for 40 years, many of millennials would rather enjoy a more entrepreneurial career while earning well beyond typical retirement age.

    Let me be clear!

    There’s nothing wrong with saving for the future and using the tax advantages of retirement plans. It’s mathematically true that starting to save early in the life improves our odds of having enough later.

    But, it’s necessary to recognize the cost of missed opportunities. Saving reflects the safest choice, that’s true.

    But doing as experts try to advise, might hold back millennials from taking any financial risk to pursue more entrepreneurial efforts now.

    Many young people have finance-related fears of an uncertain future and how to make their career choices.

    This is not to say everyone should avoid stable jobs or great retirement plans.

    No, that means that millennials avoid sacrificing but they are taking risks.

    And that makes sense.

    Taking a risk by investing in yourself to build a business could not only lead to greater wealth but could provide a far more fulfilled life along the way.

    Their different needs and preferences should define their financial plans, not any of the many generalized “rules” we often hear. But they shouldn’t completely abandon long-term savings, they should think about how best to use their extra dollars, both to establish their financial security and to find more fulfilling careers and happier lives.

    About 25% of millennials said they were not eligible to participate in an employer-sponsored retirement plan because of their part-time employment status.

    In terms of preparing for retirement, millennials have three strikes against them from the get-go.

    First, because of limited access to retirement plans at work, millennials will struggle to build retirement savings.

    Second, they are less likely to have bought a home, and home equity is a valuable retirement asset.

    And third, they are more likely to be burdened by student loans.

    That’s why a lot of millennials take chance in trading and investing with low fees.

    As a generation which is forced to plan from day to day, it is not a problem for them to trade on a daily basis.  Or to put their extra incomes in some stock investment.

    That’s good work, guys!

    Your job in this world is not to solve the problems that baby-boomers left to you, but to take care of yourselves and make your life better and easier.

    In that way, the whole world will be better placed.

    But before you start your adventure try some free demo account and learn and test your skills. 

    And you have to be very cautious when you have to decide which brokerage to choose.

    You have a plenty of them to choose from, and for the good start.

    We recommend you to read some of our recommendations and predictions.

    Good luck to all of you, millennials!

    Risk Disclosure (read carefully!)

  • Investing or trading Bitcoin? What Is The Difference?

    Investing or trading Bitcoin? What Is The Difference?

    Investing or trading Bitcoin, this choice should depend on the knowledge of Bitcoin and the available property.

    2 min read


    The nature of Bitcoin is extremely volatile and the price can dramatically drop in the span of a few hours.
    Truly roller coaster!

    Because of that, the majority of traders give up after a few months or after the first market crash.

    Each time the Bitcoin bubble creates a hype that puts Bitcoin at the front pages of news, the media becomes more interested.

    Then the price keeps on rising and investors become millionaires. That’s until the bubble crashes and the circle starts all over again.

    That doesn’t mean you cannot get your hands on Bitcoin and own at least a bit of what is believed to be the future of currency. What you do have to understand is the difference between investing and trading Bitcoin.

    One of the greatest advantages of Bitcoin is its decentralized nature, which doesn’t require a  central authority or a middleman to be involved. Therefore, you can send money to anyone living around the world, eliminating banks. Most importantly,  you don’t have to pay extraordinary fees or wait days for the money to arrive at your bank account – it takes minutes.

    All the transactions that have ever happened are recorded in the so-called public ledger. The ledger is based on blockchain technology and allows anyone who’s a member of the Bitcoin network to access the records and see every user’s history.

    Thus, nobody can cheat, steal money or double-spend them.

    If there was anything suspicious happening, the entire network would be notified.

    Bitcoin is exciting and magnificent and unique due to the technology behind it and the idea of being free from governmental control.

    But before you decide to jump into investing or trading Bitcoin, there are few more things you have to know about its nature.

    Bitcoin isn’t a fiat currency, hence its price isn’t directly related to the economy or policies of a single country. It has a difficult history of ups and downs, many of them related to worldwide events.

    BTC will never disappoint when it comes to delivering exhilarating shivers down your spine.

    If you want to, you can spend all day long tracking different exchanges and trading.
    It is a roller coaster!!!

    Bitcoin is well-known for its rapid and frequent price movements, sometimes even throughout a day. For traders, it’s yet another exciting opportunity to gather quick profits.

    There is no official Bitcoin exchange, hence there is no official Bitcoin price. Bitcoin exchanges operate around the clock.

    Trading vs Investing Bitcoin

    Is It Better to invest or trade Bitcoin?

    This choice should depend on the knowledge of Bitcoin and the available property.

    Investing in Bitcoin can start from a small amount which can be increased with time and experience.
    It’s a long-term project, which might lead to accumulating a large amount of money.

    Trading should be reserved for those who know the Bitcoin nature in-depth and aren’t afraid of losing.
    The constant fluctuation of Bitcoin can be an exciting experience for any trader. On the other hand, it can scare away those who do not know how to deal with or handle it.

    In other words, the difference between investing and trading Bitcoin lays not only in the technicalities of it but also in somebody’s character and temperament.
    A lot of beginners are deceived with an idea of how much they can make from trading Bitcoin. It surely is a more dynamic environment and rates are changing quicker than in a traditional stock exchange, but that only indicates an even higher risk. The fluctuations in the value of a conventional currency can be measured in a fraction of a penny. Bitcoin prices, on the other hand, rise and fall dramatically throughout one day. 

    This isn’t advice, just notice to you who want to start trading or investing, doesn’t matter. You would never start with all of your capital. You would rather build the experience and understand the market properly.

    Investors can wait through the knockdowns and have the resources to postpone the bad impact.
    Traders, however, are often compared to professional gamblers – they have to act quickly and know when is the right time to leave the game.

    What else you have to know about trading and investing Bitcoin?

    You should never keep all your eggs in one basket.

    What does it mean? But don’t be mislead that the most secure option is to store your Bitcoins on some exchanges wallet.

    Why is that? If you’re thinking about trading, you also have a large amount of money to put on the market.
    Be cautious and invest in a secure and reliable wallet. An exchange can be closed and busted anytime, and so are your money.  It happened in Bitcoin’s early days. The catastrophic collapse resulted in losing over 800,000 bitcoins and customers were never able to receive their money back.

    Some see trading Bitcoin as a Wild West, without any regulations and legitimate backup. While others are sure that it is a manifesto of liberation. Something is well known, it’s a game of which nobody can predict the end result.

    Well, we hope that Bitcoin is gonna win! We are working on it!

    Listen to this guy.

    Risk Disclosure (read carefully!)


  • Work from Home – Only Some Can Make Money From Home, What Are They Doing?

    Work from Home – Only Some Can Make Money From Home, What Are They Doing?

    Work from home requires discipline, focus, and commitment, but the flexibility to define that yourself.

    2 min read


    C’mon, are you sure you want to go to the office every single day to the rest of your lives?

    Well, I don’t.

    I’m working from home. No matter what you call it.

    Remote working. Telecommuting. Work from home.

    It’s extremely popular.

    And it gives me the opportunity to sit on my porch or in bed and work. Don’t try to visualize me. I’m not what you see on job boards or in stock art pictures. When people think about how to work from home. 

    Many imagine sleeping in late, lounging around in their pajamas and have long slowly lunches.
    Contrary! 

    You need to realize that even though work from home offers a great amount of flexibility, it is still a professional job and it needs to be treated as such. 

    I wake up, get dressed, sit in front my computer, and start to work from home.

    What is one of the important advantages of work from home? 

    Setting office hours is one of them, having a dedicated office space, avoiding homebound distractions, and actually dressing as if you were going to an office.

    That help keep your mindset sharp and focused.

    I can witness for that.

    But it’s not for everyone, and some do it more successfully than others.

    If you are disciplined with your time, and you don’t need a relay with co-workers throughout the day, and you are independent in making decisions, and good organized, this is the right work for you.

    To be effective in work from home, you have to have the excellent critical thinking, organizational and communication skills. Along with being able to block out distractions. 

    It requires discipline, focus, and commitment, but the flexibility to define that yourself. If you want to work from home, of course. 

    The biggest benefits of working from home are its flexibility,  saving money on transportation, dry cleaning costs, lunches were eaten out, child care costs, no boss looming over your shoulder, no co-workers to interrupt you, and no dress code.

    Sound pretty good, don’t you think? You must know that working from home is more productive.

    But, it’s important to let friends and family know that although you’re working from home, you’re still working.

    How To Successfully Work From Home

    1. Get organized – Don’t work too much or too little, get organized systems, schedules, and to-do lists.
    2. Have workspace – You should ensure that your office space imitates that of a true work environment.
    3. Plan your day – This will help you minimize your distractions and maximize your true productive times.
    4. Be computer savvy – This can make your work easier but also can give you the opportunity to have more profitable jobs. One of those kind of jobs is online trading and investing. Stocks, currencies, whatever you want.

    HOW TO TRADE OR INVEST FROM HOME

    Once upon a time, people relied on the services of a stockbroker, who would make buy and sell orders on the customer’s behalf.

    Today, individuals are able to execute buy and sell orders themselves in a fraction of a second using computerized trading services.

    But, reading online articles doesn’t make you qualified to trade.

    Reading the classics of investment literature could be helpful.

    However, the best way is to set aside six months to practice trading with real-world data before investing your money.

    You can use some demo account and practice. After that create a trading fund and open a separate bank account for it. Do what you can to establish a fund that is separate from savings.

    Write down a trading strategy.

    You have many trading strategies available on the market. You can choose your own investment strategies, but you should include the parameters on how you choose stocks or currencies, when to purchase them and when to sell.

    Create a spreadsheet that tracks your investments, establishing parameters for the dates of purchase and sale and the costs involved.

    Buy and sell according to your strategies, and be disciplined with your budget. There will be ups and downs, but don’t deviate from your parameters.

    A lack of discipline leads to bigger losses and failure.

    When you’re looking for an online broker, consider the costs of each service the brokerage provides and the level of support you will need from qualified brokers.

    Choose your brokerage partner with open eyes!

    Before deciding to buy or sell any stock, you should carefully research the company, its leadership, and its competition.

    You don’t need a large sum of money to start.

    If you prefer to be a do-it-yourself trader, you can make use of discount online broker services. One that allows you to buy and sell not only stocks but also options, mutual funds, exchange-traded funds, fixed income funds, bonds, certificates of deposit, retirement accounts and more.

    You will make the final decision on each investment and whether or not to buy or sell. Make intelligent decisions about what you can afford to invest. Consider investing a portion of your money in an electronically traded index fund, which holds many stocks.

    There are no magical advantages, secrets that can make you more successful.

    It is a misconception of beginners in trading or investing.

    Remember several things:

    The professional trader doesn’t make money or have a job unless they are profitable. They realize that trading is NOT a fast and easy way to riches.

    You must have a strategic trading plan, proper risk management, and simple strategies to protect your investment and reduce risk whenever possible.

    Make a solid 2% gain than risk thousands of dollars for a possible 5% gain with considerably higher risk unless you are the gambler.

    Long term thinking on every trade and realizing that keeping money is sometimes more important than making huge gains.

    Some traders at home don’t want to take the time to learn the skill of technical analysis indicators.

    If you commit time to these indicators and understanding how they work (and don’t work) I can promise you will start to trade more consistently.

    And know what, those of us who have worked from home for years wouldn’t dream of going back to a corporate office.
    Ever. At any point!

    Risk Disclosure (read carefully!)

  • Broker and You! Fighting or cooperating?

    Broker and You! Fighting or cooperating?

    Broker and You! Fighting or cooperating?
    The broker is known as a market maker and market maker takes the other side of your trade.

    By Gorica Gligorijevic

    Broker and you, what a nice relationship! Okay, you think your Forex broker is on your side. Nice! Wonderful! I’m excited! You have it! You found the best!

    But, are you sure that your broker wants especially you to be the winner? At the same time, 95% of Forex traders lose. And you have special status? Really?

    Do you really think your broker has built his business on the minority 5% who win? C’mon! Don’t be silly!

    Whether you’re already in the 5% elite (congrats) or working your way to it, you must know these three things. It can make the difference between long-term successes or Forex failure.

    How does your broker see you? 

    Really, what does he think about you? Actually, from your broker’s point of view, .you are an “A” group or a “B” group.

    The broker is not emotional. He has numbers and percentages in front of him.

    One group traders make up the 95% who constantly lose and the other traders are people who have been consistently profitable or more than 3 months.

    Group A, group B. 95% or 5%. Nothing else. If you are a newcomer, the broker will automatically add you to the “A” group until you prove otherwise.

    But, WHY?

    You have done nothing to be there, you are beginner!!! You just opened all of this for your first time!

    The answer is simple, your broker knows that 95% of new traders will lose, so he’s 95% sure he’s put you in the right group.
    Well, he isn’t sure 100%, notice that! If you lose, he wins. Only that matters!

    Forex brokers are known as market makers and market maker takes the other side of your trade. Never forget that someone somewhere is holding the other side of your trade.

    Let’s say you decide you sell 1 standard lot of EUR/USD. Now for you to take that trade, someone else has to buy 1 standard lot of EUR/USD. Right?  In other words, there always has to be a buyer and a seller for a trade to take place.

    If your broker is a market maker, he’s holding the other side. In other words, if you win, he loses.

    Simple? Yeah!

    But a bit unpleasant. Brokers make most of their money betting on the fact that you are going to lose. This is the conflict of interest 1/1!

    Honestly and fortunately, the majority of brokers don’t take the other side of your trades.

    Instead, they pass them on to other traders, acting more along the lines of what you had in your mind that a ‘broker’ is. Most of them simply connect buyers and sellers and take a commission on facilitating the trade.

    Your broker, your true and professional broker, will never take the other side of the trade, and he will never bet against you as a client. This secret has been revealed! Share with others!

    And be cautious, it never can be too much.