Category: Financial News

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Here the readers can find posts and articles about recession and how to overcome it. Many trading or investing strategies are explained here. For example, why to use open interest strategy when investing, or growth stock investing strategy.
Here, our experts and journalist are taking examples from the real-life. it is usually breaking news, and use them to explain what is the best solution for traders and investors over a given time or related to the particular event.
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Ripple – All You Need To Know

1 min read

Actually, I have something to admit. For me, Bitcoin remains the king of the cryptocurrency, especially when it comes to increasing prices and media attention. But there are other pretenders on the throne. and one of them is Ripple.

What is it, what is the difference from Bitcoin and why many do not recognize it as a cryptocurrency?

First of all, it should be explained that Ripple is not a cryptocurrency in the usual sense of the word. In fact, this is a settlement system that has become a faster, more transparent and secure alternative to the existing ones (for example, for the SWIFT system used by banks).

XRP, the so-called Ripple coins is used to facilitate transfers in different currencies. In existing settlement systems, the basis for the conversion is usually a USA dollar. That process is associated with additional costs and lasts for a long time and bank transfers between countries, often last up to 3 days.

Converting payments to XRP instead of dollars, the system saves inventory costs, and transaction processing takes a few seconds.

Many banks have shown interest in the new system and have already tested or implemented applications based on it.

How Ripple differs from Bitcoin

XRP is a token used to transfer values to the Ripple network. While bitcoins were created by mining, all 55 billion XRPs (often referred to as waves) were created by founders.

Every month, through a system of smart contracts, the market gets a billion tokens. In that sense, Ripple copes with the mechanism of gradually increasing the offer of bitcoins, but without the huge cost of electricity for mining.

Technically, it does not even use a blockchain in the usual way. The Ripple blockchain is not distributed over the network of computers, but it is stored on servers of trusted partners in the so-called “permitted” network. This means that it is not a decentralized system.

Ripple is not created as a resources of payment. In fact, it’s only purpose is to transfer values when converting other currencies (or commodities, such as gold or oil) through the Ripple network. Every time a bank or other organization uses it to transfer money or assets, a small amount of XRP is maintained.

How to invest in Ripple

Ripple has definitely taken its niche among the cryptocurrency world, and a large list of organizations that use it shows that tokens themselves will eventually get a great value. Last year, it overcame bitcoin and many other cryptocurrencies in terms of growth.

XRP is traded on Binance and Poloniex crypto exchange markets. As a rule, they can not be bought for plain money – first, you have to buy Bitcoin or Ethereum, and then convert them to Ripple.
Interest in Ripple from major financial institutions is an important indicator of its future value.

Risk Disclosure (read carefully!)

1st July 2018
Facebook Starts Accepting Cryptocurrency Ads Again!

1 min read

Facebook starts accepting cryptocurrency ads but retains the ban on advertising of ICO projects.

The policy from Facebook now requires cryptocurrency ads to apply to be listed on the platform, so Facebook will be able to examine their eligibility by verification details, licensing and whether the company is publicly traded.

That means, Facebook has changed its policy and allowed the advertising of cryptos, but the ban on advertising of ICO projects continues, the official statement said on Tuesday, June 26th.

On January this year, Facebook announced a new policy banning companies from advertising initial coin offerings (ICOs), binary options and cryptocurrencies on the platform. The ban on cryptocurrency ads stemmed from ICO scams and the lack of regulation.

Green light for cryptocurrency ads

The new statement said the company was looking for the best way to “preset” a ban on advertising cryptos “over the past few months” to “allow some commercials, but keeping in mind that they are safe.”

In Facebook’s changed policy now stands:

“Starting from June 26th, we will allow the advertising of cryptos and accompanying materials from previously approved persons. We will continue to prohibit commercials that promote binary options and ICO projects.”

The new policy requires from advertisers who want to advertise cryptos to submit a Facebook application in order to verify their business. The applicants must have the licenses they have collected, whether they can trade on public stock exchanges and other important information related to their business.

Bearing in mind these restrictions, Facebook acknowledges that not everyone will be able to advertise what they want. The company says it will listen to feedback from users and change the policy as needed. It is also said that the technology behind the cryptos will continue to be researched.

Facebook first banned cryptos in January 2018, which was aimed at “preventing advertisements promoting financial services that are often associated with frauds.”
Facebook states that the initial ban deliberately encompassed all aspects of the crypt of the world so that the company would have enough time to evaluate and isolate dangerous advertisers.

The reversal comes at a time with rumors that Facebook may be looking to acquire Coinbase. If the rumors are true, Facebook’s acquisition of Coinbase would give the industry a one-step closer to its legitimacy.

Facebook starts accepting cryptocurrency ads, what is next?

Risk Disclosure (read carefully!)

1st July 2018
Bitcoin Fell Under $6,000! Will It Be Totally Wiped Out?

1 min read

Bitcoin fell! Yes, Bitcoin reached its lowest level since November when it sank to $5,791.19 on Friday.
But experts say NO! Experts say this Bitcoin fell is only temporary.

For example, Brian Kelly of BKCM told CNBC that the reasons for the dip was much fold but largely because of tax selloffs, regulations on cryptocurrencies in Japan, exchanges being hacked, and $10 billion funding ICO’s.

“This is not the funeral for bitcoin whatsoever,” Kelly told CNBC. He also stressed that this isn’t unusual and said, “Let’s put this in perspective. Do you know where we were a year ago? $2,500.”

Contrary to him, trader Ran Neu-Ner said he expects Bitcoin to keep falling. The founder of OnChain Capital told CNBC that the price is likely to fall to $5,350 in the next week or two. He remained bullish on long-term investments in bitcoin and he told investors to consider two other coins.

“Right now my money is on the market continuing to go down,” he said.

Bitcoin fell, will it cause less mining

Earlier in June, he considered what miners will do in the next period.

“That’s where the miners look at this and go: ‘Is it actually worth keeping the machine on?”‘ Neu-Ner said. “Then we may see a very different game in mining.”

Bitcoin will soon reach a point where “miners find it’s not viable to mine. They’re going to switch off their machines.” He said many miners have already begun doing so.

Despite his own predicting, Neu-Ner described himself as a crypto bull. “If you understand the technology and you’re a bull, then now is a great time to be buying,” he said.

One of the staunchest Bitcoin proponents, Tom Lee of Fundstrat Global Advisors, reiterated a prediction that the asset would end the year around $25,000 during a Bloomberg interview. Bitcoin Foundation‘s Llew Claasen back in February said bitcoin would touch $40,000 by the end of this year, in a Business Insider interview.

Their words assure us this cryptocurrency will not disappear in a puff of smoke.

I believe them. Why?

That is the point of knowing the history.

Bitcoin had 4 crisis already and survived, stronger after each of them.

The first was July 2010, when he jumped from $ 0.008 to $ 0.08. The other was the “Big Bubble 2011”, from $ 0.06 to $ 31, then dropped to $ 5. The third was in April 2013, from $ 20 to $ 280, when Cypriot banks rescued floating client deposits. The fourth was a major crisis of the MtGox Stock Exchange in November 2013 when it jumped from $ 70 to $ 1,200, and a few months later it fell to $ 200.

That’s why experts aren’t worried one bit.

And you? What do you think? Let us know!

READ THIS: Why you should not invest in bitcoin under any circumstances

Risk Disclosure (read carefully!)

1st July 2018
EToro or Tradeo, That Is The Question?
We made a comparison

4 min read

***eToro USA LCC does not offer CFDs, only real Crypto assets available

eToro and Tradeo? It is very hard to make a decision about which broker suits you when you want to start trading or investing in cryptocurrencies. You can find a lot of offers but whom to trust? And that is the most powerful weapon in your hands. Freedom to check all of them. I suggest testing everyone who has a demo account.

OK, not exactly all, but let’s say the first 5 on the radar. In intention to help you, we will try to make a comparison between the brokers, eToro and Tradeo.

When you are reading reviews about both, you will find that both are reliable. But there are some PROS and CONS on both sides.

ABOUT Etoro and Tradeo

EToro is one of the largest currency trading companies operating currently in global financial markets. Forex eToro was established in 2007, its headquarters are located in Limassol (Cyprus) and this broker is a Cyprus Licensed and registered investment company.

Tradeo (registered in Cyprus) is not, strictly speaking, a broker in its own right, but a partner of FXGlobe Ltd, who are the actual providers of the brokerage services obtained through the Tradeo platform. They’re an STP brokerage (not a market maker), which means they don’t trade against you.

EToro is a leading social trading platform and takes advantage of the most advanced tools, advice, and support by top professionals.

Tradeo is not the first social trading platform, but they are one of the newest and most heavily invested in the social trading concept as the new wave of Forex’s future.

The fact that eToro has over 5 million users shows that their idea of social trading found it, enthusiasts, globally.
But Tradeo is one of the first trading platforms around that have fully integrated both trade execution and social trading functionality into the same interface.

After we were testing eToro and Tradeo with a smaller real account, we have some experience to share with you. So, let’s start!

Features

our preferred trading platform system is designed to be as user-friendly and transparent as possible. Terms are carefully explained, tutorials are readily available, and policies are straightforward.

Tradeo combines social trading with an advanced, synergistic trading platform, a platform that fully integrates both social and trade execution within the same visual interface.

eToro and Tradeo have enjoyable web and mobile trading platforms and good social trading experience.
To open a real account on eToro, the amount you need to deposit vary across countries and with Tradeo it is €100 but both have free accounts. Tradeo wins this round.

On Tradeo signing up is easier since only one sign up is required.

We have to say that social trading as a form of trading has been largely confined to platforms like eToro or ZuluTrade. That was the case until the introduction of Tradeo’s social trading network, which gave social traders an alternative social platform to trade on.

The eToro ‘Copy Portfolio’ platform allows traders to copy what they refer to as Popular Investors. By following the trends and decisions of experienced traders, newcomers can make a profit without having to learn all the complexities involved. (Also, through the eToro trade copier venue, popular investors are rewarded for sharing their expertise, making this market an effortless second income for veteran traders.)

But Tradeo went a step further. You can follow experienced traders on Tradeo too. One of the unique features of the Tradeo social trading platform is that additional commentary is provided that explains the strategic moves of one’s choice of partner. In other words, a trader may learn as he/she goes along with each mirrored trade. They can chat directly, just like Facebook, with traders that have a wall where they can see what your “friends” are doing. Automatic stop-losses may also be set for added protection.

EToro and Tradeo both have a fast and seamless account opening process, as we already said a bit simpler on Tradeo.

SUPPORT SERVICE

our preferred trading platform support service is not available 24/7 and traders have many difficulties to contact acc officers especially if they don’t live in the same time zone. EToro doesn’t provide live chat (you have to fill the ticket and wait for an answer but not too long) and it is a problem for some traders.

Tradeo highlights its reliability is the quality of their customer support service. To provide their clients with unfettered access to the support services, Tradeo has made their support services available on a 24 hours basis. This means regardless of the time of day, a trader can always request assistance from the support staff at Tradeo. Access to their support services is enhanced by the fact that traders can communicate with the support team through email, live chat, or the telephone.

Both offer multilingual communication.

Free demo account

Both have unlimited FREE DEMO ACCOUNTS. EToro with $100,000 paper money and Tradeo with $50,000 paper money.

76% of retail investor accounts lose money when trading CFDs with this provider. You should consider
whether you can afford to take the high risk of losing your money.

eToro and Tradeo platforms are easy to use and the withdrawal process is fast (account opening is completely hassle-free and super fast).

Both brokers have acc managers who are a real asset and always available, along with great info, but eToro doesn’t provide live chat.

But something has to be NOT GOOD 🙂

our preferred trading platform CONS:
1. Their spreads are slightly more than with most other brokers and their trading platform isn’t as advanced as offered by other brokers.
2. The data eToro provides is not completely transparent.
3. You cannot download or view the full trading history of the traders you may want to copy and the performance statistics only go back for 1 year.
4. The disclosed deadlines are long and you should expect them to be even longer than it is disclosed (instead 5 you can wait up to 10 days)
5. Does not accept Bitcoin deposits/withdrawals
6. Limited cryptocurrency listings
7. No live chat with customers according to testimonials
8. The financial offices are not located in different time zones, which makes communication difficult for the customers
Tradeo’s CONS:
1. Only One Account
2. Limited Payment Options
3. Currently not so developed community
4. High spreads
5. There is a slim column at the bottom of the page for opening an account somewhat slightly annoying. It pops up on almost every page and often interferes with the rest of the information posted there.
6. Salespeople can be pushy
7. The company refrains from publishing exemplary spreads – customers with an interest in this matter must ask support for a current listing.
We recommend you to read this too: How to find and use the best online stocks trading platforms?

IMPORTANT BENEFITS of eToro and Tradeo

Tradeo has a Live stream of trading signals that allows you to view what other traders are buying and selling in real-time and also Live market notification that keeps up-to-date with market movements and improves your trading decisions.

Tradeo has Social WebTrader, an advanced trading platform, layered with social data such as technical indicators and analysis, social charts, one-click trading, free trading signals. And there is one feature that makes the Tradeo’s social chart a little special: Real sentiment and volume indicators which may be switched on or off at any time. This is true data showing where the majority of Tradeo’s clients have their positions on any given currency pair, and how much is being traded through the brokerage. These can be powerful tools for traders who know how to use them.

our preferred trading platform Social Trading features are by large the most evolved in the field.

All traders have a public profile, which can be freely viewed, where several data of past performances can be found. Everyone can follow everyone else, just like all trades can be replicated. Even someone who has never manually opened a trade, by simply replicating other’s trades, can be copied (maybe even you, one day).
Even though it has been improved since the users’ performance view is still not at the same level as the other companies in the field.

But let the traders speak for themselves. Here are some testimonies.

They said about eToro:

* EToro is simply the best and easy to use for newcomers. There is a difference between losing because you made the wrong decisions and a poor site. Most of the comments on this site tell me more about a poor loser than eToro.
* It is the worst platform I came across, freezes 2-6 hours every week during peak times.
* Poor execution (always 8-10 pip delay for execution on top of spreads). You cannot do market orders and have to wait to manually open trades and when you open you lose out 8-10 pips due to poor execution. There is no trailing stops either.
* It seems pretty impossible to reach a customer service representative.

They said about Tradeo:

* I was heavily scammed by Banc de Binary. I won them finally but without help of Tradeo I would not have done it. Guys from Tradeo told me one thing that no regular trader knows. Regulated brokers are not allowed to give signals. That is strictly prohibited in terms of licence but however they do it. That was the main reason I got a positive decision from the Ombudsman of Cyprus and even after that it took about half a year of fight to get my money back. I highly recommend Tradeo as a reliable broker.
* I started with Tradeo 2 months ago. Since then I had really good support. I like the social features and that you can copy other traders. Of course it is not always 100 % profits, but it far better results than if I was trading on my own. I made withdraw 1 week ago and 3 days after I received it without fees. So based on my experience till now I recommend Tradeo both hands.
* I am very satisfied with the attention. Complete users expectation. I received good bases to use the platform, good explanations and customer support. Fast transactions every time I wanted to withdraw money. Highly recommended!
* I got insulted by their sales people after repeating call because I was not interested after testing the demo.

FINAL WORDS

eToro would have scored higher if it was listed on a stock exchange or provided more transparency about its financials. Based on our research and testing we think eToro is not a scam, it is an honest business with regular operation problems. And we hope they will solve them.

Tradeo is one of the better ‘trading platforms’ in terms of social interaction features offered. Wonderful for beginners. Hence Tradeo is more suited to active traders who enjoy engaging with others than passive investors who just want to copy other traders without monitoring their positions.

We hope that this article was helpful to you. If it is that case, feel free to share it with others.

You might like to know Why Are There People Who Profit In Trading?

ETORO DISCLAIMER:

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

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
29th June 2018
Why Is Bitcoin falling

Bitcoin was seized from illegal vendors on the Darknet

1 min read

Bitcoin is falling because more than $20 million in bitcoin was seized from illegal vendors on the Darknet by the DoJ.

The market was rocked this morning as news emerges more than $20 million in bitcoin was seized from illegal vendors on the Darknet by the Department of Justice (DoJ).

According to www.express.co.uk agents claim to have seized cryptocurrency mining devices, weapons, narcotics, $3.6 million in US currency and more than 2,000 bitcoins worth more than $20 million.

”The operation which was spearheaded by the Department of Justice had Special Agents of Homeland Security Investigations (HSI) pose as money launderers on Darknet market sites where they were able to identify vendors of illicit products while exchanging U.S dollars for virtual currency – reports www.express.co.uk”

Also, after the most recent comments from Alibaba’s chairman Jack Ma advising traders to avoid trading in BTC, prices may also have slumped.

Speaking at a launch event for a new online-payment service for real-time cash transfers between Hong Kong and the Philippines, he said: “Technology itself isn’t the bubble, but bitcoin likely is.”

Bitcoin is falling

Bitcoin has slumped overnight as a return to $5k territory looks all the more likely, however, one expert says that after so many recoveries bitcoin is getting “stronger” and “beginning to gain trust in the marketplace”.

Brian Kelly, founder, and CEO of BKCM LLC replied on the latest BTC price plunge by telling CNBC on Sunday – “this is not the funeral for bitcoin whatsoever.“

Bob Loukas, the founder of Bitcoin. Live told Express.co.uk that much of today’s volatility is part and parcel of waiting while the “excesses of the 2017 bull market to wear off.”

“I agree with Brian Kelly, bitcoin is far from dead and we predict this fall will not be the end but another trial after which it is looking to emerge even stronger.” – he said, “From an investor’s standpoint, bitcoin’s ability to weather multiple attacks and price collapses, while remaining to be a great performing asset in the past decade, is beginning to gain trust in the marketplace.”

“It’s a social movement. It’s an epidemic of enthusiasm. It is a speculative bubble. That doesn’t mean that it will go to zero.” – Robert Shiller

Risk Disclosure (read carefully!)

27th June 2018
Crypto is at Risk In Korea!

1 min read

Crypto is at risk in Korea.

What excited the audience most is the information that one of an employee of Bitkoex, an exchange launched in May, posted information on how much of the Karma (KRM) cryptocurrency was held by 19 users on the platform in a social media chat last Friday.

The leaked message contained the email addresses associated with the users as well as the wallet addresses and private keys to the KRM token in their accounts. This could allow anyone with the information to access the assets, according to a report from CoinDesk Korea.

Those users hold 750 million won, or around $620,000, the report said.

Later, Bitkoex said the employee posted the message by accident and the exchange has moved the exposed assets to a cold wallet. That means that information about them is not accessible through the internet. The company claimed no assets have been lost. This is not the first time that user information had been leaked from a Korean crypto exchange.

CoinDesk, previously reported, the computer of an employee from Bithumb, was hacked earlier last year.

On Monday, June 25th, the country’s Ministry of Science and ICT inspected the information security level of 21 crypto exchanges in South Korea from January to March and confirmed that most companies have security vulnerabilities.

Just last week, Bithumb said, that around $31 million in cryptocurrency was stolen by hackers from the platform.

But, it is obvious, that is not the reason why Crypto is at risk in Korea.

Update 5/30/2019

South Korea’s major currency exchange Bithumb has properly started an over-the-counter (OTC) trading desk under the Ortus brand, according to a press release published on Feb. 7 this year.

Moreover, South Korea is a hotspot for cryptocurrencies.

A survey announced on April 20 by the Korea Financial Investment Association reveals that the ordinary cryptocurrency trader in that country has grown their crypto holdings by 64.2% in the last year.

26th June 2018
TRADEO, Why Should You Choose?

3 min read

Tradeo have been established since 2011, and have a head office in Cyprus.

If you try to find them on Facebook and visit their page, you will find that they don’t have many followers, barely 16,000 which is strange for a broker with almost 8 years of experience.

Anyway, Tradeo is a unique Forex & Commodities CFD broker offering a social trading platform. Based on a variety of performance indicators, investors can search and find hundreds of traders to copy or follow, which is good for new ones.

Although many believe that Social Trading is seen by many as an easy way to invest, however there are some risks involved.

To open a live account, you’ll need a minimum deposit of $250 or to use their demo account which is better because you have chance to learn and you can use this FREE DEMO ACCOUNT to try with paper money trading.

Take your time, test, learn, see how it looks when you lose trades, see when you win some.

Also, you can follow what experienced traders do.

Proper research and time must be spent on vetting the various traders you want to follow. But beware, past performance is never an indication of future results, which means a “good” trader will not necessarily continue to be profitable.

And after some time you can open a real account. That’s a big opportunity.

But every single information you can have if you visit their website. which is available in several languages: English, Français, Русский, Italiano, Español, Arabic, Português, German, English and Korean.

That’s why they have a BrokerNotes A support rating because Tradeo offers over three languages.

Use this link to check:
https://tradeo.pro/ww?p=default-0318

In the process of opening account, you’ll need to answer a few basic compliance questions to confirm how much trading experience you have. That’s why you have to put aside at least 15 minutes or so to complete the account opening process.

Every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade.

It’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation and on your personal data.

SCAM OR LEGIT

Tradeo is licensed in the European Union by CySEC in Cyprus with licensed number 282/15.

For clients outside of Europe, they are is owned by; Adelane Trading Ltd., which is located at Bul. Todor Aleksandrov 28, Floor 9, Sofia, Sofia Center, Bulgaria.

Using a regulated broker is the smart choice for all investors because their license offers you various protections.

Many forex brokers try to be all things to all people at the same time but fail due to a lack of focus. On their website, we find “Tradeo is pioneering the world’s first true Social Trading platform. Backed by leading venture capital firms, Tradeo is committed to revolutionizing the financial trading experience. We’ve spent the last three years working on a suite of exceptional Social Trading tools. From accurate market feeds, advanced charting, and groundbreaking social features to our beautiful interface, Tradeo’s technology represents a quantum leap in the quality of a trader’s overall online experience.”

Tradeo’s operating platform sets them apart from the herd of competitors in this field. Not only can you mirror-trade by choosing from a large group of expert global traders, but you may also learn from the strategy commentary included by the service and set loss limits that will automatically protect your risk downside. The social trading feature set is free. You may trade forex, stocks, commodities, and indices, and your account is protected by the Cyprus Securities and Exchange Commission. (CySEC)

WHY TRADE WITH TRADEO?

You can find several reasons:

1) Tradeo was founded after three years of intense development, by experts in the forex industry and social trading operating systems;
2) Two trading platforms: Tradeo’s proprietary trading platform or MT4;
3) Nearly 100 asset choices, comprised of forex pairs, stocks (CFDs), commodities, and indices;
4) Free demo account for unlimited time, and only one account classification;
5) No dealing desk – full Straight-Through Processing (STP) trading model;
6) Help desk support available online via email or live chat, or direct phone line;
7) No additional commissions for Social Trading features;
8) Leverage offered up to 200:1.

And for beginners very important information.

One of the features of the Tradeo social trading platform is that additional commentary is provided that explains the strategic moves of your choice of partner. In other words, you may learn as you go with each mirrored trade.

Also, automatic stop-losses may be set for your protection.

And you have several ways to access to support personnel which is available through live chat, email or direct phone connection.

You can find great recommendations and testimonials for Tradeo in forums:

“I thought it would be hard to get started, but they really made it easy. Once I picked a few leading traders to copy, it was all automatic – now I just sit back and watch them trade for me!”

But also:

“I’ve been with Tradeo but I’m soon leaving. I’m waiting to be paid my Rev Share commissions since 6 weeks. I posted a message on their chat wall asking if anybody else got the same problem and guess what? A formal Senior Account Manager answered that they cannot afford anymore any payment and that he is still waiting to receive part of his salary. SO PLEASE BE CAREFUL ….”

As we can see, the experiences are different. We can not ignore the fact that mistakes are sometimes caused by our side.

So, it is the smartest way to create a demo account at first. To avoid mistakes.

Tradeo competes with eToro, one of the largest “Social Trading” brokers.

But eToro has ‘’Copy Portfolio’’.

About other respectable exchanges read HERE

26th June 2018
Is Bitcoin dead? It is not the end!

Bitcoin is not dead

1 min read

Is Bitcoin dead? OK, who wanted to say that Bitcoin is dead?

I can’t hear you! Speak louder, please! 🙂

This the most popular crypto will last forever.

Today’s Bitcoin price is $6,150! More than for the weekend. And I think like many other professionals, it will be higher and higher.

This is gonna sound crazy, but …

In the next few days, the $6150, will be an important level to observe, and if the bitcoin price can surpass beyond that point, it is possible that the cryptocurrency initiates a strong short-term recovery and enter the July with large gains.

The trading volume has to increase first, and the transaction volume of bitcoin will increase, and then as user activity surges, the bitcoin price will follow.

So, is Bitcoin dead?

Do you think that’s weird? No, it isn’t! That’s how markets do.

I that case, what Tim Draper said can have sense. Ok, maybe one Bitcoin will never be quarter million US dollars, but close to that value…for sure.

Well, I know several people who would say that crypto markets are so bad that they decided to stop showing ads for ICOs.

Well, guys, you are totally wrong!

You have to know one important fact: Bitcoin had 4 crisis so-called bubbles so far.

The first was July 2010, when he jumped from $ 0.008 to $ 0.08.

The other was the “Big Bubble 2011”, from $ 0.06 to $ 31, then dropped to $ 5.

The third was in April 2013, from $ 20 to $ 280, when Cypriot banks rescued floating client deposits.

The fourth was a major crisis of the MtGox Stock Exchange in November 2013 when it jumped from $ 70 to $ 1,200, and a few months later it fell to $ 200.

What I want to say, Bitcoin is very experienced. Don’t worry about it.

Ups and downs, that is the journey of experience.
Like life is.

And c’ mon man, don’t tell me you never have ups and downs and that fiat doesn’t have them at all.

And c’ mon man, don’t tell me you never have ups and downs and that fiat doesn’t have them at all.
Rubbish!

For a better understanding of how the Bitcoin performs in the market, you can read the full tutorial HERE
See ya in the future, there you will meet me.

25th June 2018
Is This Bitcoin’s Bottom?

1 min read

The Bitcoin price has dropped below the $6,000 after initially below the $6,000 on June 23. Bitcoin officially fell to the lowest level from the beginning of this year. This drop is almost identical to the 2014 situation when BTC experienced an 80% correction from its all-time high.

In fact, there are almost no differences, as both collapses are caused by the same cause by the eruption of a retail investor bubble. On the end of May and from the beginning of June, it seemed that the crypto market is recovered. The market was, for almost two weeks, stable.

Bitcoin price charts are an electrocardiogram

In today’s article Bitcoin falls below $6,000. But crypto trader says it’s not dead, Kellie Ell CNBC’s author, with reference to Brian Kelly, founder, and CEO of BKCM LLC, an investment firm focused on digital currencies, write:

”Bitcoin fell below $6,000 on Friday, but bitcoin bull Brian Kelly told CNBC that the popular cryptocurrency is “not dead.”

While Kelly said the drop is “painful,” he also said it’s not unusual.

“This is not the funeral for bitcoin whatsoever,” Brian Kelly, founder, and CEO of BKCM LLC, an investment firm focused on digital currencies, said on “Fast Money” Friday.

“Let’s put this in perspective,” he said.

“Do you know where we were a year ago? $2,500.”

How To Make Money With Blockchain Technology?

This morning value of Bitcoin was $5, 852 which is the lowest price from the beginning of the year. Now, at 4 PM CET, it is $5,927. Will, it hit quarter-million dollars. as Tim Draper said several days ago?

For sure we have to wait. The truth is that the Bitcoin price is very unstable, with big and fast ups and downs. For some crypto fans, it is the true charm of Bitcoin. For ordinary people, buying Bitcoin is madness.

You might be interested to read: Why you shouldn’t invest in bitcoin under any circumstances

I’m sure we have to wait until 2022. It will be fun to see opponents how they are sad for not buying Bitcoin earlier when the Bitcoin price was much lower.

24th June 2018
Ethereum is not security said SEC

Securities and Exchange Commission final words

3 min read

Ethereum, the world’s second most valuable cryptocurrency has been boosted by a major ruling by the Securities and Exchange Commission (SEC), which declared that ethereum is not a security.

The announcement by SEC director of corporate finance, William Hinman, caused the price of ethereum to rise by 10 percent, bucking a recent downward trend of other major cryptocurrencies like bitcoin. The director said that the institution won’t treat ETH as a security, and it doesn’t see value in regulating it.

Experts say SEC decision is generally positive.

At a Yahoo Finance Crypto summit, Hinman described ethereum as ”sufficiently decentralized,” meaning no central authority could manipulate in an unfair way to gain a financial advantage.

”As a network becomes truly decentralized, the ability to identify an issuer or promoter to make the requisite disclosures becomes difficult, and less meaningful,” Hinman said. ”Putting aside the fundraising that accompanied the creation of Ether, based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether are not securities transactions.”

Investor contracts that involve Bitcoin may be classed as a security if they meet certain criteria or offer a future increase in value, according to Hinman.

Experts said the decision was generally positive for the industry and could lead to more positive regulation for other alternative digital currencies.

”This is the latest in a series of events which demonstrate how cryptos are pervading mainstream thinking,” Iqbal Gandham, UK managing director of the trading platform eToro, told The Independent. ”We know that institutional investors are waiting for regulatory clarity to move from the sidelines to the center of the playing field. Remarks like this suggest it might not be long to wait until we get there.”

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Oliver Isaacs, a blockchain investor, and adviser added: ”I think the news is certainly positive and the markets have reacted accordingly – Hinman’s speech is essentially saying that even if something is issued as a security, it can over time morph into something that isn’t.”

Regulators discussion

Regulators debated for several weeks on whether the world’s second-largest digital currency, by market capitalization, should be considered equity, and the key point from the ruling is that US securities laws will not apply to Ethereum as a tradable commodity because of its decentralization.

SEC chief Jay Clayton previously put crypto investors on edge when he stated, back in April, that “every ICO I’ve seen is a security.” Bitcoin was the exception said Clayton, adding that he did not consider the virtual currency equity. This latest ruling though would seem to overturn this blanket sentiment and give a long-needed boost to crypto-currencies.
Ethereum bounced higher by 15%, back above the key $500 level, as it continues to be in a relatively technical position compared to Bitcoin. Ethereum is different from Bitcoin in that it is an open-source decentralized application (dApp) platform rather than a straight out currency or store of value. At the same moment, EOS is still in the strongest position form a technical standpoint among the majors, while Ripple and IOTA are also on long-term buy signals, holding up relatively well in the bearish environment. EOS bounced off the $9 support and rallied above $11, with the key $12 level now ahead as resistance.

The weakest major are still trading below vital support levels, and the next period will be crucial as bulls and bears battle for long-term control.

Traders shouldn’t enter new positions here, it remains well above the April lows, in a clear long-term uptrend. Ethereum and crypto markets are still bearish and in decline from their all-time highs after the end of the last year. There are many hoping that they are approaching the bottom.

Stay tuned for our detailed long-term technical analysis, we’ll be back soon.

Risk Disclosure (read carefully!)

24th June 2018