litecoin development december 2017

Litecoin: What is it?

Litecoin is an alternative cryptocurrency that’s made to that’s based on Bitcoin’s model. Since it’s decentralized, Litecoin is not controlled by banks or any central authority. This makes it easier to trade internationally and receive it faster than fiat currency. The coin was developed to be the “silver” in comparison to Bitcoin’s “gold”. It’s gained a lot of popularity since its development. Also, Litecoin was developed to improve on Bitcoin’s flaws (slow transaction speed, blockchain issues, etc).

Continue reading to get an in-depth analysis on Litecoin’s history and how it became the popular coin that people know today.
Advantages and Disadvantages

Before we go further, here are a few pros and cons associated with Litecoin:

Pros:
• Less volatile during market drops and crashes
• 84 Million Total Supply
• Supportive Community
• Faster network Than Bitcoin resulting into faster transactions
• Supports all hardware wallets

Cons:
• Less market capital than Bitcoin
• Not recognized as much as BTC/ETH

Transaction Processing Speed
With Litecoin, you don’t have to wait as long as you would with Bitcoin to complete a transaction. On average, you’ll spend at least 2.5 minutes to complete a transaction. Bitcoin, takes 9 minutes per transaction, making it harder to use when more users are on its blockhain.

For example, a merchant would have to wait at least 4 times more if they want to sell their services on Bitcoin. Using Litecoin, they can accept transactions without waiting at all. Because of this, its used for merchants who sell international products and want to receive the most profits.
Protection
Think about your current portfolio, when you first invest in Bitcoin, you’ll be exposed to multiple market corrections. When having some Litecoin, you’ll have a more diverse portfolio that won’t be subjected to failure once a crash occurs.

Scrypt Based Mining
Unlike Bitcoin, Litecoin’s currency is backed by a Scrypt based mining platform. Bitcoin uses a Application-Specific Integrated Circuits (ASICs) type of mining where complex hardware and a computer with a good GPU or CPU is needed.

With Scrypt mining, users can quickly mine Litecoin without much difficulty. While companies have developed an ASIC based program for Scrypt, you can still mine Litecoin at a faster rate than you would with Bitcoin or other SHA-256 based cryptocurrencies.

History Summary of Litecoin
Litecoin started as a peer to peer based cryptocurrency in 2011. It was founded by Charlie Lee, who was a former Google employee at the time. Litecoin is a hardfork on Bitcoin’s previous blockchain as it has a higher maximum coin supply, modifided GUI, and a faster block generation time (2.5 minutes).

As of now, Litecoin has a current market capital of $16 million dollars. The cryptocurrency has increased in value since its development by up to $305 a share. Litecoin is ranked #5 within the cryptocurrency market.

We suggest that you look into Litecoin if you want a modest cryptocurrency who has good growth potential and the ability to stay stable. While it’s hard to predict the market, rest assured that Litecoin is here to stay.

Where Can I Obtain Litecoin?

You’ll find it easy to obtain Litecoin as it can be either traded via exchanges or collected via mining. Plus 500 is a reputable online broker that allows users to buy and sell Litecoin as if it was a regular stock option.

We have a tutorial to help new users obtain Litecoin, but that will be explained further in another article. Give it a look if you want a good alternative to Bitcoin and a better opportunity to obtain gains within the future.

Closing Remarks
What’s the future for Litecoin? We expect that it will still remain stable despite the hectic highs and lows within the crypto market. Thus, if you do plan on investing in this coin, take some time learning the proper investing techniques so that you are well informed and make the right decision.

Stay tuned for our next part in out Litecoin Series. We want to help you understand Litecoin fully so that you can make the right decisions and potentially make some earnings with this innovative addition to the cryptocurrency market.

Do you have any questions or concerns in regards to Litecoin?

Share your responses in the comments below.

 

litecoin development december 2017

Litecoin’s Development: How Did it Perform This December?

Litecoin development has been a trending topic amongst the crypto community. In fact, Litecoin’s prices and value has skyrocketed amongst its peers. We’ll discuss how its rise in December happened and give insights on why you should invest into it.

litecoin development december 2017

litecoin development december 2017

 

Price Analysis

litecoin development decemember2017

litecoin development decemember2017

Litecoin’s value increased dramatically during December. According to CoinMarketCap, it’s the fifth largest cryptocurrency in the world. Since its development in 2008. Litecoin has gained a huge following and a market value of over $15 billion dollars. When it comes to litecoin development, its price value raised from $4 from the beginning from the beginning of the year to an all time high of $322.

Litecoin increased by 2,950% in value! Due to the market corrections that have been occurring during the past weeks, Litecoin has still remained stable and still retained its user base. Right now, its valued at $256 per coin. So if you look at the whole year performance, Litecoin is still in a bullish trend.

 

Bubble Concerns

Market analysts and observers have voiced their concerns on cryptocurrency. They believe that the current Litecoin development has reached a bubble and won’t exceed its value. Many cryptocurrencies increased in price during December. Litecoin development throughout this month provide substantial evidence against the assertion that the prices of these cryptocurrency assets have inflated.

While developers alleviated most concerns that analysts expressed, others aren’t fully convinced. 64% of institutional investors believe that Litecoin’s market bubble will burst by the beginning of 2018.

 

Litecoin Founder, Charlie Lee Sells All His Coins

charlie lee litecoin creators

charlie lee litecoin creators

Charlie Lee, the head developer and creator of Litecoin had recently sold all of his coins. He “sold and donated” his coins to prevent a conflict of interest. His reasonings behind his actions was because he wanted to ensure long-term growth for litecoin development and its network.

He stated “Litecoin has been great for me, so I don’t have to financially tie my success to Litecoin’s success,” Lee stated. “I do not own a single LTC since the six years I’ve started collecting it”. Other than some collector coins, he has completely removed his holdings of the coin.

This isn’t uncommon for cryptocurrency leaders and founders to publically announce their divestment. For instance, Bitcoin’s founder Satoshi hasn’t come in public view and still remains mysterious today. For investors, Lee’s decision will create a drop in the value of Litecoin. However, for future litecoin development, we can expect to see a large rise in value. If you want an alternative to Bitcoin, then you should learn how to trade Litecoin today.

Is It A Bear or Bull Market?

As of now, analysts believe that Litecoin is showing signs of a bear market. Mike Novogratz, legendary cryptocurrency trader and founder of Galaxy Investment Partners, states that Litecoin doesn’t have the same buying opportunity as Bitcoin.

Another theory that occured was that Coinbase users are actively buying litecoin due to its “cheap” price. Users think that it’s a cheaper option in comparison to ethereum and bitcoin, two other cryptocurrencies that’s offered in the platform.

 

Advantages of Investing in Litecoin

Even though Litecoin is viewed as a bear market, it’s still a great time for people to invest in it. Here are a few reasons why new traders should get involved with Litecoin.

Easier Mining Process

Both Litecoin and Bitcoin share the proof of work (user verification to complete a transaction), but the cryptocurrencies have two different algorithms for their separate blockchain network. Litecoin’s mining algorithm is easier to use than Bitcoin. This means that it can be mined on regular computers while using less energy. Usually, mining operations worldwide take a large amount of electricity and there is a shortage of high quality mining graphics cards for mining rigs.

Faster Block Generation

Another reason why you should invest in Litecoin is because of its fast block generation. Litecoin takes only 2.5 minutes while Bitcoin takes 10 minutes to successfully execute a block. Put simply, Litecoin transactions are four times faster than Bitcoin and has lower transaction fees.

For investment reasons, Litecoin is a great alternative as users can buy or sell the currency without paying as much as they would if they were to trade with Bitcoin.

What’s Next?

Swings will occur, but Litecoin is one of the few cryptocurrencies that can’t be defined by its price swings. When thinking about the future of Litecoin, it should be defined by its usefulness and relative stability. The future for litecoin development is bright as it shows no sign of stopping. Thus, you should consider investing in Litecoin as it offers a myriad of long term benefits (faster mining, easier transactions, and a relaxed community).

If you’re new to trading, use Plus 500. It has over ten years of service and will help you trade without compromising your income or savings. We encourage you to start trading so that you can capitalize on the dynamically growing cryptomarket. You can practise trading Litecoin for free by clicking here: Demo account

 

 

 

 

 

 

 

ico

What is an ICO: A Detailed Explanation of Crypto Investments

ICO Defined

An initial coin offering (ICO) is a form of crowdfunding that only uses cryptocurrency. They are used to give capital to growing startups. ICOs are created when a startup pre-allocates their own cryptocurrency (referred to as tokens) to investors. Investors can buy for the tokens with popular cryptocurrencies such as Bitcoin and Ethereum.

You’ve probably heard the term before, but there are some ICOs within the few years that have gained popularity and have been used by investors worldwide. Ethereum is a prime example a popular ICO that’s been created. Back in 2014, it raised up to $18 million in BTC, which is about 40 cents per ether. After a growth spike, Ethereum now has a market capitalization of $63 billion and traded at a price of $660 per coin. One ICO gained $150 million in funding within three hours, and over $1.3 billion raised overall in this year alone. ICO sales have doubled from about 1.5 sales a week in 2016 to over 2.75 in 2017.

 

 

ICO History

The first cryptocurrency that has been funded via an ICO was Ripple. In 2013, a company called Ripple labs developed the Ripple Payment System and made about 100 billion XRP tokens. Afterwards, the company sold the tokens to aid in developing Ripple’s platform.

There have been several extra cryptocurrencies that were funded by ICOs. For instance, Mastercoin was made with the purpose of tokenizing Bitcoin and to execute smart contracts.

Recently, there are over 400 ICOs within the cryptocurrency market. This image shows the amount of percentage of categories that ICOs are invested in. Due to its flexibility, ICOs can be used for almost anything!

ico

ICO

 

Advantages

Many analysts believe that ICOs are perfect for those wanting to receive long-term profits. Here are some advantages that make ICOs a worthwhile investment.

 

Token Liquidity

As long as the cryptocurrency exchange remains functional, tokens are more liquid than traditional stock trading options. Crypto markets are transparent. This means that you can see the asset price of your ICO token in real time.

With stock options, you can only trade during the weekdays. But what if the value of your stock decreases highly during the weekend? This can be dangerous if you leave your account on for too long, and you’ll be unable to sell the stock when it reaches too low.

With ICOs, you can sell and trade them for different tokens at any time! While cryptocurrencies is a volatile market, it allows you to exit and close positions whenever you need it. Because of this reason alone, ICOs have more liquidity than fiat currencies, forex trading, ETFs, stocks, and commodities.

Low Price

One of ICO’s main advantages is that each of the tokens can be bought at a low price. Most cryptocurrency exchanges begin to sell these new ICO tokens for profit once their project starts showing signs of completion.

For example, Ethereum tokens have increased in value in a large magnitude. Analysts have noticed its growth from 3 to a $698 within 3 years. When you invest in ICOs, you have the chance of making a large profit if your coin starts to increase in value dramatically.

 

Disadvantages

Still, some skeptics are still apprehensive about the future developments of ICOs as a market and as a trading option. Here are some disadvantages that you should look into before you begin trading.

Project Uncertainty

When you invest in ICOs, you’re taking a risk. Most of these projects aren’t fully completed, yet investors buy ICO tokens to increase the chance of the project becoming successful. ‘’

On most occasions, ICOs have a whitepaper or some code to show what the project will look like once it is finished. But, there isn’t a guarantee that the project will ever reach its final stage or have the mainstream appeal to be used by millions of new people.

You’ll have to understand that there is some risk associated with ICOs. It can take years until there is an actual market for the token you placed your investment on. Remember, invest with risk and only on the ICOs that you believe are great for long-term growth.

 

No Reimbursements

Backers only have a financial stake in the ICOs they invest their capital in. However, they are unregulated and unregistered within the cryptocurrency exchange market. This means that you won’t be reimbursed if the project fails or is discontinued.

This is a small issue that most investors tend to overlook. Fortunately, it’s becoming less of an issue because smart contracts can be used to lock ICO funds to increase the legitimacy of each project.

 

How to Buy an ICO Token?

First, you have to conduct proper research before buying any ICO token. Look at it and ask yourself the following questions

  • How many backers are funding the token?
  • Does the company seem normal or are they showing signs of a scam?
  • How much am I willing to invest in this ICO?
  • Where can I see this ICO being used outside of its token?

 

Once you find the answer to these questions, start investing in the ICO that appeals to you the most. Following these steps will ensure that you’ve made a safe investment and will help you determine the good ICOs from the ones that show no signs of growth.

 

Conclusion

Overall, ICOs are good for long-term traders who have faith that the cryptocurrency market will grow. While not all ICOs are made equal, you can gain a lot by dedicating time, research and a bit of income in it. To conclude keep applying your investment strategies and skills to make sure that you gain the most returns from ICOs by becoming a well informed and careful investor! For research purposes keep an eye on 101trading.co.uk. We are going to publisch alot of content about ICO this coming year.

 

Sources:

  1. https://www.coindesk.com/token-sales-compelling-advantages-real-risk/
  2. https://techcrunch.com/2017/09/19/the-technology-benefits-risks-and-regulatory-measures-that-you-need-to-know-about-icos-now/
  3. http://www.chaineum.com/blog/benefits-of-an-ico-over-traditional-investment
  4. https://themerkle.com/cryptocurrency-icos-advantages-vs-disadvantages/
  5. https://coins.newbium.com/post/6116-benefits-of-ico-initial-coin-offering-creates-wa
  6. https://www.investitin.com/crypto-ico-pros-cons/
  7. https://www.huffingtonpost.com/entry/ico-pros-cons-cutting-through-the-noise_us_595b7f22e4b0c85b96c6646e

 

 

 

 

 

How to trade risk free with Plus500

When you are just starting, you want to trade as risk free as possible. Of course trading with real money and real deposits always has some kind of risks to it, but at least you can get an edge with trading that will help you profit more than you lose. In this article I am going to explain how to trade risk free with Plus500.

Risk free?? I thought that wasn’t possible in the trading market

It isn’t actually, but thankfully Plus500 provides you with a demo account with free demo money to practice on. This is totally risk free, because you cannot lose money.

Where to get the demo money?

This blog explains to you how to get the demo money by using the webtrader. This tutorial will also explain how and when you’re able to withdraw your bonus money.

101trading Apple shares on plus500

Tutorial: How to Buy and Sell Apple Stocks on Plus 500

If you’re a novice investor, we suggest that you learn how to buy and sell Apple stocks. Apple receives more press coverage than any other company. You’ll always find options and news on what the company is doing and if their stock is either a “buy,” or a “sell.” Anyone that’s planning on obtaining Apple stock should understand their risk and trade cautiously. While they are known as a popular stock option and one of the most well-known brands in the market, they are known to show wild gyrations on occasion.

Because of this, we’ve decided to use this tutorial to teach investors how to buy and sell Apple shares on Plus 500’s exchange. Plus 500 is a reputable broker who’s been in service for over 9 years. Learn how to invest in the largest technology stock to experience potential gains in your portfolio.

 

What Are Apple Stocks?

While there have been some periods in Apple’s history where investors might have experienced some huge declines in share price, the long-term history of owning Apple stocks has brought some surprising high gains.

Today, the company stands at record highs. In fact, it’s overall annual returns for its shares increased up to 35% throughout the past 15 years.

Here are a few reasons why you should buy and sell Apple stocks:

  • Still Affordable: In previous years, APPL’s stock has gained around 10x-12x earnings, while investors doubted the growth in its earnings. Out of the most powerful tech companies, Apple is the cheapest in the market. If analysts are correct, Apple might reach up to 14x in gains within the next year. Based on its respectable divided, Apple is a safer haven in today’s stock market.
  • Increasing Dividends: While most technology companies aren’t known for giving dividends. However, Apple is breaking the mold with a dividend increase of 502%. Thus, having one of the fastest dividends within the S&P 500.
  • Apple Could Potentially Be the First Trillion Dollar Company: Apple has been on a large growth period in 2017. It has increased its shares by up to 26% resulting in a market share of $760 billion. Since it’s expected to increase by another 26% in 2 years, Apple has a high potential of becoming the first trillion dollar company in the market.

 

How to Buy Apple (APPL) Stocks?

With Plus 500, investors can buy and sell Apple stocks with ease. All it requires is for you to create an account to start making trades. Follow these steps to make trade stocks on their exchange and gain potential profits in the long term.

 

1: Create a demo account with Plus 500.

 

2: Click the TRADE button in order to start trading Apple shares within the market and open a position. You can either search for APPLE on the “Search our Instruments” search engine or Shares > USA > AL-AM > APPLE. Now you are able to buy and sell Apple stocks within the market.

How to buy and sell Apple stocks on Plus500 broker

How to buy and sell Apple stocks on Plus500 broker

 

3:Click the BUY button if you plan on buying Apple stock. You can increase or decrease the number of shares you want to buy by pressing the plus and minus buttons on right side of the screen.

How to buy and sell Apple stocks on Plus500 broker-2

How to buy and sell Apple stocks on Plus500 broker-2

 

4: To sell, press the SELL button located to the left of the buy button. Here, you can either short the stock and close your position. We recommend you try selling your position once it reaches a certain amount. Congratulations, now you know how to buy and sell Apple stocks!

How to buy and sell Apple stocks on Plus500 broker-3

How to buy and sell Apple stocks on Plus500 broker-3

 

Concluding Thoughts

Overall, we think that you should use Plus 500 to buy and sell Apple stocks. The company is known for their outstanding service, easy to use interface, and advanced trading options. Because of this, you’ll find it easy to create an account and get started trading today.

Once you make an account, remember to practice trading safely. This prevents you from experiencing a high-risk loss.

Do you need any extra assistance to help you get started? Are you confused on how to buy and sell apple stocks? Or do you need help on trading a different option on Plus 500?

 

Share in the comments below.

 

 

 

 

 

 

 

 

101trading Facebook shares on plus500

Plus 500 Tutorial: How to Buy and Sell Facebook Stocks

It wasn’t until May 18th, 2012 where the company allowed investors to buy and sell Facebook stocks within the NASDAQ market. Facebook is a stable company, and is a popular choice amongst novice and veteran traders. Thus, it’s a great choice for first time investors to get started in the stock market.

We’ll show you how to get started trading this lucrative stock option!

Benefits of Owning Facebook Stocks

Facebook is one of the largest social media brands because of its huge competitive advantage. For instance it has a network effect where each person that signs up to Facebook, it gives people that aren’t on the network the incentive to sign up on it. Who wants to use a social media platform if their friends aren’t on it.

Due to its strong competitive edge, Facebook currently has over 2.07 billion people signed into its network. Owning a Facebook stock is a great idea as its a reputable company that has surpassed competing social media sites such as Myspace and Vine.

How to Buy and Sell Facebook Stocks on Plus 500

Here are the directions to help first time investors buy and sell stocks on Facebook:

1: Log in your Plus 500 account through the web trader.

2: Click on the TRADE button. This displays the multiple instruments that you can invest in on Plus 500’s page. Plus 500 is one of the only on line brokers that provides this variety of trading instruments. It allows you to trade ETFs, Stocks, Forex, and Commodities all around the world.

3: Go to Shares and then click USA > F > Facebook. Alternatively, you can search Facebook in the “Search our Instruments” search section. Type in Facebook, and it will allow you to buy and sell facebook stocks.

how to buy and sell Facbook stocks on Plus500 broker

how to buy and sell Facbook stocks on Plus500 broker

4: When you click on the Facebook stock, it will show you information about it and how to buy and sell it within the exchange. To buy, press the BUY button. We recommend that you have a stop-loss and stop-limit to ensure that you receive the most profit while only experiencing minimal losses.

how to buy and sell Facbook stocks on Plus500 broker -2

how to buy and sell Facbook stocks on Plus500 broker -2

5: If you want to sell your Facebook share, press the SELL button. This allows you to close the position and gain profit or stop the share from becoming too negative. Follow these steps to ensure that you know how to buy and sell Facebook stocks.

how to buy and sell Facbook stocks on Plus500 broker -3

how to buy and sell Facbook stocks on Plus500 broker -3

Terms You Need to Know

In this last section, we’ve compiled the most popular terms that most first time investors should know before trading. This will help you get more in depth knowledge within the market and learn how to trade more effectively.

Premium: When an investor keeps a position open overnight, a premium is either added or subtracted from their position. This means that you’ll either gain a small amount of money for the overnight position, or you’ll have to pay a small fee. The premium is usually low so you don’t have to pay too much attention to it when you’re trying to buy and sell facebook stocks.

Trading Hours: This is one of the most essential things first investors need to know. Plus 500 will automatically change to fit your region’s time zone. For instance, American stock is open at 9:30AM-4:00PM on American time. Plus 500’s automatic time adjustment feature is great as it allows users to time their trades correctly.

Maintenance Margin: You need to understand this because if your position reaches below the maintenance margin point, it will automatically close. Make sure to always keep your account balance above this margin. Fortunately, the margin is already calculated and placed on Plus 500’s top header and is usually a low amount.

With these terms, you’ll get a basic understanding on how to buy and sell facebook stocks. When trading, always research the history of the stock (sentimental analysis) either through analyzing the graphs (technical analysis). We suggest that you start with demo trading until you’ve developed a few trading strategies that are successful before risking your actual income. If you want to learn about day trading Facebook stocks then click: here

Closing Remarks

When you start to buy and sell Facebook stocks, you should do so at your own risk.While the market is volatile, novice investors use Facebook shares due to its low risk. Thus, use Facebook shares to help diversify your portfolio and aid you in increasing your trading knowledge.

Do you have any questions or concerns when obtaining Facebook stock?

Let us know in the comment below.

How to buy and sell on Plu500 broker

Buy and Sell Oil On Plus 500: A Guided Tutorial

When you buy and sell oil, you are increasing your ability to grow wealth. This tutorial will teach you how to utilize Plus 500, a reliable online broker who sells stocks, commodities, EFTS, forex, and cryptocurrencies. Oil and gas powers virtually each activity that everyone does. Gadgets, Cooking appliances, lights, cars, and other electronics are basic needs for human living, and each of them run on oil and gas. Like other investments, oil and gas is controlled by a number of factors (market, oil reserves, etc). We’ll help you understand why you should buy and sell oil, and how you can create a risk free account with Plus 500 so you can start trading today.

Advantages of Oil Investments

Profit margins always raise once a deep well exploration reaches an oil reserve. The return of the investment will be at least 10x – 15x larger than your initial capital. The wells can pay off,and rich wells have a span for years. A good oil reserve can gain profit up to 2-3 months after discovering it. Having a diverse portfolio that has multiple investments in oil will create a balance once the stocks start to stumble. This due to the economies of gas and oil being indirectly proportional to each other. When oil reaches a high price (which it does on occasion), you can survive a economic shutdown. This means that you’ll have a stable stock portfolio in the event that your stocks aren’t increasing in value. We suggest that you buy and sell oil to ensure that you obtain high profits and have diverse portfolio in the case of a bull market.

People who buy and sell oil also receive tax benefits. This is true especially if you invest some capital in limited partnerships.You’ll receive tax-protected income by up to 15%. Once the stock goes below value due to a lack of resources, private investors can still obtain a positive cashflow and gain allowances. Investors in oil also benefit from a concept called Intangible Drilling Costs. It occurs when a percentage of a user’s income becomes written off in the first years to cover and pay for incidental expenses.

How to Buy and Sell Oil

When starting an account with Plus 500, you’re introduced to a myriad of financial instruments that you can trade. For example, you are able to buy shares, foreign currencies, cryptocurrencies, and obtain oil at an affordable price. To start, you must open an account with Plus 500. It’s simple as it only requires your email address and a secure password to get started. Once you’re email is verified, you can start demo trading oil within a real-time environment.

To find oil on Plus 500’s exchange, click the “Search For Instruments” tab and type oil inside of the box. This will directly lead you to popular oil shares that you can start trading immediately. Alternatively, you can click ETFS > Commodities in order to show the multiple oil shares within the market.

how to buy and sell oil on plus500 -1

how to buy and sell oil on plus500 -1

 

If you’re trying to buy a share, click on the BUY button. This allows you to set the amount you want to invest within oil. We suggest that you buy at a considerable amount to reduce the amount of risk when trading oil within the exchange.

how to buy and sell oil on plus500 -2

how to buy and sell oil on plus500 -2

 

For selling, press the SELL button that’s placed to the left of the BUY button. In this screen, you’ll be able to sell off your shares and close the position. In order to gain the most profits and reduce your profit risks, you should always set stop-losses and stop-limits within each trade.

How to buy and sell on Plu500 broker

How to buy and sell on Plu500 broker

 

Users like trading on Plus 500 because of its easy to use interface. Once you’ve gotten the hang of it, you’ll start creating your own custom trades with oil within the commodities market. To improve your results, try using a myriad of investing strategies in order to receive higher returns on your initial investment.

Concluding Remarks

As an investor, you should buy and sell oil to increase portfolio diversity, increase the rate of returns, and give you tax benefits due to owning it. Get used to trading on a demo account before you start to engage in real trading to protect your income. Once you’re ready, make a real trade and place your strategies to the test the realistic market. Plus 500 makes it easy for users to invest and benefit from trading oil. In conclusion, research what you’re investing first and make a safe decision based on your strategies and observations.

 

 

 

 

 

 

 

buy and sell ethereum 2

Guided Tutorial: How to Buy and Sell Ethereum on Plus 500

Learning how to buy and sell Ethereum on an established broker is easier than ever. Cryptocurrency is a booming market with lots of opportunities for the experienced trader. With Plus 500, new traders can get started and join in on the multiple benefits of this new economic market.

Ethereum as a Cryptocurrency

If you think that Ethereum is just a currency, you’re highly mistaken. The Ether is a revolutionary addition to the crypto market and serves as a worthy alternative than Bitcoin. Ethereum is unique because it’s currency creates a system where anything can be programmed.

For instance, you can use ethereum to make secure contracts. These contracts can be used to fund startups faster than traditional incubator programs and venture capitalists. Because of this, it’s likely that Ethereum will share the same level of success as bitcoin and you can benefit from this as an investor.

 

What’s the Difference Between Ethereum and Bitcoin?

When first-time investors try to place Ethereum in the same line as bitcoin, they tend to miss out its utility. While they are both digital coins, they have huge differences. Ethereum’s major advantage is that it can be used for all sorts of projects.

Bitcoin and Litecoin are viewed as currencies and can be traded online to receive products and services in a decentralized manner. However, you can do a myriad of things with Ethereum.

Did you know, that you can use Ethereum to create a political system or issue shares with the currency? With ethereum, it’s not mutable; This means that once the contract is made, the contents within it cannot be changed.

As a result, Ethereum is powerful against malicious hackers who attempt to steal data from the contracts. Ethereum’s increased security increases its long-term growth potential and shows signs of the price possibly increasing further. That’s why we’re going to teach you how to buy and sell ethereum so you can get in on the market while you still can.

How to Buy and Sell Ethereum Using Plus 500

As an established online broker, Plus 500 gives new investors the opportunity to buy and sell ethereum on their exchange. We suggest that you start with a demo account, so you know how to trade effectively before using your own money. Here is a step by step guide on how to buy and sell ethereum on Plus 500’s exchange:

Start off by creating a demo or real account with Plus 500. Click Cryptocurrencies and scroll down to Ethereum (Alternatively: Click “Search our Instruments” on the top left of the screen and type Ethereum).

how to buy and sell ethereum on plus 500

how to buy and sell ethereum on plus 500

 

Set the price that you want to buy Ethereum at and press BUY.

buy and sell ethereum 2

buy and sell ethereum 2

 

To sell ethereum, click the SELL button to close the position and sell your position.

buy and sell ethereum 3

buy and sell ethereum 3

For a more detailed explanation on how to open and close a trade, please check this tutorial: Plus500

Other Tips

To buy and sell ethereum more effectively, you have to set a stop-loss and a stop-limit. Stop losses will help by automatically selling the position if its value reaches below a certain value.

For example: Let’s say that Ethereum has a value of $600. Making a stop-loss of $400 ensures that you can sell the position once it reaches this value. Doing this allows you to minimize your losses so that you don’t lose too much money investing in ethereum.

With a stop-limit, you can make quick profits off of ethereum. Going off our previous example, Ethereum has an initial value of $600. When you set up a stop limit of $800, it will close the position once it reaches $800. This ensures that you receive a $200 profit once the position is closed.

Remember, always trade carefully when using Plus 500. While using a stop-loss and stop-limit will help reduce your risks, you have to make sure you research what you’re investing. This allows you to trade and manage your own risk and prevents you from getting margin called due to blind investing.

Conclusion

To conclude, Plus 500 provides a safe and user-friendly interface for investors to buy and sell ethereum. It allows you to open and close positions at any time and safely trade without your information being compromised.

Start with Plus 500 today to break into the cryptocurrency market!

What is a forex signal?

 A forex signal is a trading recommendation. It gives the user specific details on a currency trade, which could include price, time and possibly stop loss levels. The signal could be computer generated, for example, from a software programme or a robot, or it could be generated by a human. The signal is sent to the user, usually via email, twitter, SMS or RSS.

 

These signal systems are used by traders all over the world, to help them with trading decisions. It is important to understand how these signals could assist you and their importance in trading. Let’s take a look at the two different types of foreign exchange signals:

 

Manual forex signals – A trader studies the market looking for buying and selling opportunities before taking a decision to buy or sell a particular currency. This is potentially very time consuming and can be very objective. However, as a positive, a human trader can pull out of trades if he considers that the market is showing signs of unpredictability or is behaving in an erratic fashion.

 

Automated forex signals – These are trading programmes which interpret market movements and say whether to buy or sell a particular currency accordingly. These programmes or robots as they are also called, can be quite reasonable accurate, if they have been created by a knowledgeable professional. The clear advantage of the automated forex signal provider, is that it can analyse a huge amount of data in comparison to a human trader. This means that you could receive signals for multiple currency pairs and across a 24-hour period, throughout the trading week. You are unlikely to miss an opportunity.

 

The most sensible strategy is to use a combination of both. Even if you use forex signal, it is important that you understand the basics of trading fx. This way you an understand what you are trading and the signal you are receiving. The majority of signal providers will allow you to have a trial period. In this period test the information you receive to check that it is of a high quality.

 

Whilst signals are never going to give you 100% profits, if you chose one carefully and use it wisely, then you have more chances of building a winning trading account.

 

Where can I trade signals?

Vantage FX is an award-winning ECN Forex Broker, based in Australia. They provide several high spec trading platforms including MetaTrader4 and a mobile app among others. Vantage FX offer transparency, true ECN spreads and unparalleled execution speed. To apply for an account visit the Vantage FX website: www.vantagefx.com.