Posts

ten thing to know before investing in ICO’s

Investing in ICO’s : Ten things that every investor needs to know

If you’re going to be investing in ICO’s, then you need to be well-informed. There have been too many stories about people who threw all of their money into an ICO that promised them good returns only to lose all of their investment either because the ICO was an outright scam or because they couldn’t deliver the product that they said they would.

ten thing to know before investing in ICO’s

ten thing to know before investing in ICO’s

Investing in ICO’s can be both exciting and rewarding, but you should know these 10 things before you put any of your hard-earned money into one.

#1- What Countries Do They Allow?

Before you are  invest in a ICO, the first thing you need to know is if citizens from your country are allowed to invest in the first place. Due to various laws, and to prevent the possibility of a “pump and dump” many ICO’s restrict ICO’s to a few select countries.

#2-Bitcoin or Ethereum?

Currently, every ICO either takes Bitcoin or Ethereum. Sometimes they offer bonuses depending on which currency that you invest with. If you read the ICO’s whitepaper, it should clearly outline what currency you should invest with and what address you should send it to.

#3-Do You Need A Wallet?

Most exchanges don’t allow you to deposit cryptocurrency directly to a known ICO address. It’s usually a violation of their terms and conditions, and doing so can result in you losing your entire transfer. Because of this, you will need to have a digital wallet from which to transfer your funds before investing in ICO’s.

#4-Do They Offer Bonuses?

Most companies offer bonuses to individuals who are investing in ICO’s. Usually, the more money you invest initially, the greater return you will get when their token launches. This is a way to reward the heavy hitters who are seeking to make long-term investments into the technology.

ten thing to know before investing in ICO’s

ten thing to know before investing in ICO’s

#5-Do They Solve Problems?

Much of an ICO’s success depends on their ability to solve a problem. Sometimes they seek to fix a real-world problem such as decentralizing the power industry, or sometimes they try to fix a problem with the blockchain by speeding up transaction times.

Before investing in an ICO, you need to make sure that they can be successful in the long run. The most successful ICO’s are the ones that solve problems and benefit both people and the blockchain industry.

#6-Do They Have A Roadmap?

A business without a plan is doomed from the beginning. Before you invest in ICO’s, always make sure that they have a roadmap outlining their future goals and how they plan on achieving them. The more detailed, the better.

#7-Do They Have A Good Reputation?

Before investing in ICO’s, you want to be sure that they have a good reputation. This is the best way to protect yourself from getting scammed by shady individuals who set up proxy ICO’s, and then run off with peoples investments. Because of the decentralized and anonymous nature of cryptocurrency, it’s often impossible to find scammers like this.

#8-Do They Have Any Backers?

One way to gauge an ICO’s potential is to look and see if they have any reputable backers. If the company is recommended by notable figures in technology, the government, or blockchain, then the chances are that the ICO is legitimate and has a decent future ahead of it. Big names usually will not risk tarnishing their reputation recommending bad ICO’s to people.

#9-What Is Their Price Prediction?

This can be hard to tell, but you can usually speculate what the token price is going to be once it hits the market. Of course, nobody can ever put a 100% accurate price on this, but if you look at the charts, graphs, and market cap, then you should be able to make an average prediction of the value of a token in the coming months.

ten thing to know before investing in ICO’s

ten thing to know before investing in ICO’s

#10-Do They Have A New Idea?

Possibly one of the best indicators to look for before investing in ICO’s is if they have a new idea. An ICO can have a great idea, but if it’s been done a hundred times before, then it’s not going to have much chance of long-term success.

 

Sources:

  1. http://bitcoinist.com/renewable-energy-trading-comes-to-thailand-power-ledger-and-bcpg-setting-the-pace/
  2. https://cryptopotato.com/10-keys-evaluating-initial-coin-offering-ico-investments/
  3. https://medium.com/accelerace-family/why-all-startup-founders-should-understand-icos-5829decc695a

Images:

https://pixabay.com/en/cryptocurrency-blockchain-bitcoin-3123849/

https://pixabay.com/en/bitcoin-loss-stock-exchange-profit-3134829/

https://pixabay.com/en/hand-adult-people-business-wealth-3077533/

 

Bitcoin Private: A Cryptocurrency Review

When Bitcoin was developed, it had problems in regards to privacy and transaction speeds. While its possible to create privacy-centric elements to it, it’s not easy and requires a hard fork for it to happen. Bitcoinprivate is a hard fork between Bitcoin’s algorithm and Zclassic’s advanced privacy features. Specifically, it will use z-snarks to remain private. We’ll introduce you to this new cryptocurrency and how you can benefit from using it today.

bitcoinprivate

Bitcoinprivate

 

What are The Advantages and Disadvantages of BTCP?

Peer-to-Peer Network

Bitcoinprivate is a peer-to-peer network that specializes in private and decentralized transactions. As a result, there are no intermediaries needed to when conducting trades with this coin.The transactions are verified via nodes before they are sent to miners for their approval. Since it has a larger block size, and peer-to-peer capabilities, it’s designed to scale. This means that the more users who are on Bitcoinprivate’s network, the more effective it becomes.

Fair Start

Some new cryptocurrencies are premined, which can leave new users at a disadvantage. Bitcoinprivate is released in a fair manner for its entire userbase. The coins will be sent out on a 1:1 basis to ZCL (Z-Classic) and BTC (Bitcoin) holders.

Open Source

Plus, bitcoinprivate’s codebase is open for verification and viewing by everyone. This allows for experienced programmers to find existing problems within its system, and fix and create changes within them. Rest assured that Bitcoinprivate will be maintained protected by an ever-growing community.

Block Size

Its main disadvantage is its large block size. Even though its block size is 2MB (in comparison to BTC’s 1MB block size), this means that it will take longer for miners to process it. The larger block size will take up more bandwidth, which can lead to more energy costs in the long run.

 

How to get BTCP?

How to get BitcoinPrivate

How to get BitcoinPrivate

There are two ways that you can obtain BTCP. Since it’s not currently out yet, investors will have to buy it via obtaining Z-Classic. Due to its 1:1 token distribution ratio, if you own 15 Z-classic, you’ll have 15 BTCP in your wallet after the fork takes place. Right now, you can buy ZCL through Cryptopia, Bittrex, and Coinexchange.io. Alternatively, you can mine some ZCL to obtain some BTCP. Make sure that you install Zclassic’s official desktop wallet to ensure that you’ll receive BTCP after the fork. For more info go to: BitcoinPrivate site

 

What makes BTCP So Special In Comparison to BTC and BCH?

Here is a table that highlights the difference between the three main cryptocurrencies:

 

Fork Compare Bitcoin Private (BTCP) Bitcoin (BTC) Bitcoin Cash (BCH)
Max Supply 21 Million 21 Million 21 Million
Privacy Z-snarks (Zero Cash) None None
Block Size 2 MB 1 MB 8 MB
Block Interval 2.5 Mins 10 Mins 10 Mins
Replay Protection Yes No No
Difficulty Adjustment Each Block 2 Weeks 2 Weeks

 

Now, we can see the noticeable differences between Bitcoinprivate, Bitcoin, and Bitcoin Cash. While it does have a larger block size than Bitcoin, it has the highest level of privacy out of the three. Because of that, users should look into Bitcoin private as it provides a safer network that conducts faster transactions and keeps each user’s information protected while it’s in use.

 

Conclusion

What makes Bitcoin Private so special? Not only is it forked by Z-cash, one of the most private cryptocurrency networks in the market, but it’s also backed by Bitcoin’s existing algorithm. This means that it is a reliable coin to invest in due to its owner’s previous history, and its future growth potential. Do you have any additional questions regarding Bitcoinprivate?

Tell us in the comments below.

 

 

 

Sources:

https://btcprivate.org/

https://www.influencive.com/bitcoin-hard-forks-bitcoin-private/

http://cryptocurrencyfacts.com/2017/12/28/bitcoin-private-fork-zclassic-bitcoin-fork/

https://www.finder.com.au/zclassic-from-2-to-218-says-the-upcoming-bitcoin-private-fork-may-be-a-success

https://themerkle.com/what-is-bitcoin-private/

 

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

 

 

 

 

 

 

 

How to Buy and Sell Cryptocurrency on Plus 500

Learning how to buy and sell cryptocurrency is an important skill for all trader levels. Plus 500 has made a strong impact and made a good reputation in the CFD market. It has become a financial service entity in countries such as Australia, Cyrus, United Kingdom and Israel. People use Plus 500 because of its ability to help novice investors navigate through the volatile trading world of cryptocurrency.

Since 2013, Plus 500 has become the first online broker to provide a binary trading option on the world’s first cryptocurrency Bitcoin. This made it a popular choice for anyone that needed to trade in a simple yet effective way. We’ll show you how to use its network to get starting on your crypto trading journey.

What is Cryptocurrency?

A cryptocurrency is a virtual or digital currency that is secured via cryptography. Unlike fiat currencies and stock trading, cryptocurrency is decentralized and can be traded at any time. Because of this, it’s becoming a popular choice for investors who are interested in short and long-term trading. Cryptocurrency’s defining feature lies in its organic nature. This makes it theoretically immune to government manipulation interference. Because of this, users can buy and sell cryptocurrency faster than they can than traditional stock options.

 

What are the Benefits of Buying Cryptocurrency?

Here are a myriad of benefits you’ll receive when you buy and sell cryptocurrency:

  • Low Fees: With cryptocurrency, miners are paid by the network they are using to create the currency. This results in low transaction fees, making it easier for crypto holders to trade internationally. While there is no cryptocurrency/bitcoin transaction fee, many people expect that users will use a third party service such as Coinbase. These third-party services help people create and manage their cryptocurrency wallets.
  • Accessibility: As of now, there are about 2.2 billion individuals that have mobile phones or internet, who don’t have access to traditional exchanges. These people see the cryptocurrency market as a way to trade with others without being stopped by government regulation. Because of this, cryptocurrency is easily accessible and is a great way to trade services world wide.
  • Universal Recognition: Since cryptocurrency is not tied to exchange rates, transaction charges, interest chargers, or additional charges within a country; it can be used and trade internationally without experiencing any issues. As a result, you save lots of time and money when you buy and sell cryptocurrency.

 

How to Buy and Sell Cryptocurrency

Within the cryptocurrency marketplace, Plus 500 has created an established reputation. It’s known as one of the most user-friendly and intuitive trading platforms within the CFD marketplace. Plus 500 is designed to appeal to entry-level traders and is open to the mass market. For traders who want a straightforward solution to buy and sell multiple instruments (CFD, Stocks, cryptocurrencies, etc.). To open up a trade, start by picking the category of financial instruments on the left hand of the screen. Cryptocurrencies are placed on the crypto tab (for demonstration purposes only). Once you’ve click the cryptocurrencies category, you’ll see a screen that looks like this.

Now you can buy and sell cryptocurrency within Plus 500’s exchange. For this tutorial, we’re going to show you how to buy and sell Bitcoin. Bitcoin is the most commonly known cryptocurrency and is good for first-time traders.

buy and sell cryptocurrency -1

buy and sell cryptocurrency -1

Click the BUY button to buy Bitcoin from the exchange. We suggest that you create a stop-loss (minimizes your risk) and a stop-limit (capitalizes profits) to ensure that you trade bitcoin safely without losing too much of your initial investment.

buy and sell cryptocurrency -2

buy and sell cryptocurrency -2

 

Whether you’re short-term trading or want to close your position, you can get with Plus 500. Click the SELL button to remove your Bitcoin option and short it. With Plus 500, you can buy and sell cryptocurrency in a clear interface within seconds.

buy and sell cryptocurrency -3

buy and sell cryptocurrency -3

Conclusion

Every investor that’s starting of in crypto trading needs a broker that’s reliable and trustworthy. Fortunately, Plus 500 has provided their service in 2008 giving almost a decade of safe stock and trading options. Conclusively, new crypto traders should use Plus 500 if they want to get a good start in the crypto market.

 

Do you have any questions about cryptocurrency or something you’d like to share?

 

 

 

 

 

 

 

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!

buy and sell bitcoin on Plus500

How to Buy and Sell Bitcoin on Plus500

Buy and Sell Bitcoin on Plus500

Ever since its development in 2009, Bitcoin has been a highly debated topic of conversation. Whereas previously, it was relegated to deep web perusers and Reddit tech devotees, now it’s hard to be in any coffee shop whether suburb or major city for five minutes without its name being uttered like a resistance movement. For this buying and selling example, we’ll use Plus 500’s, a reputable online brokerage to help you start your investing journey. After hearing all these stuff, it’s time to find out on how to buy and sell bitcoin on Plus500.

What is Plus 500?

Plus 500 was founded in 2008 and is an online trading platform for financial investment options such as Stocks, commodities, ETF, and the Forex market. Recently, the platform has accepted the trading and selling of cryptocurrencies.

The company operates in Israel and has regulated entities in Australia, UK, and Cyprus. It’s parent company Plus 500 Ltd, are found on the Alternative Investment Market on the London Stock Exchange. This means that it’s easily accessible and traders worldwide can use its platform and start trading.

 

Is Plus 500 Reliable?

Plus 500 is more efficient than other online trading brokers because of its longevity. Since it’s been in use for almost a decade, it has a good track record and is a trustworthy platform to use. Because of this, it’s easy for people to buy and sell bitcoin and other cryptocurrencies within their network.

There are also more layers of protection that Plus 500 provides to their clients.Each of these rules is made to protect client’s financial integrity and

  • Plus 500 doesn’t use their money for hedging; it doesn’t use their client’s money for this reason.
  • Everyone’s money is placed in a segregated client bank account that follows the Financial Contract Authority’s rules for regulating client’s rules.
  • It doesn’t create speculative positions with the client’s money or in the market.
  • Plus 500 doesn’t have exposure to sovereign or foreign debt.
  • Retail client’s money is not invested in other markets.
  • Due to their strict rules on trading and protecting their client’s assets, Plus 500 is safe for users to buy and sell bitcoin. It’s a trading broker that follows all financial rules and regulations. As a result, it’s user base rise up to 105,000 users making up most of UK’s participating investment market. You can find out more about Plus500 here.

 

How To Start buy and sell bitcoin on Plus500?

Trading on Plus 500 is easy and only requires your email address to get started. Once you’ve created your account, do the following steps to buy and sell bitcoin on Plus500:

  1.   Click “Real Money.” This allows users to use their bank account to open and close trades within the cryptocurrency market.
  2.   Log onto Plus 500’s main menu located on left portion of the page. Click ‘Trade’ to receive a list of the tradable options that are available. Plus 500 has an advanced CFD trading brokerage software that allows users to trade forex, stocks, commodities, cryptocurrencies safely and efficiently.
  3.  For example, you want to buy Bitcoin on. First, go to Trade >  Crypto > Cryptocurrencies and find Bitcoin on the list. Alternatively, you can search Bitcoin from Pluss 500’s upper left corner that’s located next to the logo.
  4.  Once you click on the Bitcoin row, the information about the cryptocurrency is located on the right of the trade option.
  5. Click buy after you find Bitcoin on Plus 500’s network. The trading position will be shown in the “Open Positions” section or on the Bitcoin option itself. You can find  a more detailed info in our  Plus500 Tutorial: How to open and close a trade at Plus500.

 

How to Manage Your Risk with buy and selling bitcoin on plus500

Create a stop-loss and a stop-limit if you’re trying to trade more effectively and prevent having a loss on Plus 500. The stop loss will close the bitcoin position if its value goes a certain price number/percentage. For instance, when you open a bitcoin option at $2,000, you can create a stop-loss a $1,000 so that it closes the position.

But what if you want to stop holding Bitcoin once you received a profit? Create a stop-limit so that you can sell your bitcoin once it exceeds your expected value. This ensures that you can automatically sell your bitcoin and is a great technique for both short term and long term traders.

Conclusion

Still, it’s important that new investors learn how to buy and sell bitcoin. Its simple interface will help you easily find it and open a position. Ultimately, following our advice will help you invest more effectively and participate in the ongoing cryptocurrency market.

For question about using Plus500, please put them in the comment box below.

Trading Tutorial: How trade bitcoin on Plus500 for profits

bitcoin-value-trading

Trading Bitcoin: How to make money with trading bitcoin?

Trading Bitcoin Step 1: Awareness

At the moment trading bitcoin is a a bit of a hype. Many investors are seeing bitcoin as a way to get rich. Can’t blame them for seeing it as this way. I mean if you look at the graph below, you will see that Bitcoin has gone up crazy in value this year.

Trading Bitcoin

Trading Bitcoin

If you look at transaction of Bitcoins on thursday 23rd of November in the pic above. You will that at that time more than 349k transactions has been made. So people have buy and sold bitcoins to each other more than 349k times. That’s is phenomenal. As you can see there a lot of trades out there with Bitcoins. The second thing that you need to be aware off is high volatility. The price value of bitcoin is jumping up and down alot. Which is good news for us as traders. Because there is a lot of money that can be made off. As in basic thing before you start trading, the first thing that you need to know. Is there enough volatility? The higher the volatility there better it is. Because it means that price value changes a lot. And that there is a lot of people that are participating in the trade. So this way you can always buy or sell it to someone. In this case the bitcoin trading has a very high volatility.

Trading bitcoin step 2:

The second thing you need to know before trading bitcoin is that you need to know what kind of trend is bitcoin in? If you don’t know what I mean about trend then read this article: Trend

Trading Bitcoin

Trading Bitcoin

As you can see in the pair Bitcoin/British pound is in a bullish trend. It is going up. If this current trend continuous then you can make money by buying the bitcoin now and sell it later for a higher price. It’s the most basic and simple strategy. However you can also see that sometimes the value of the bitcoin goes down. So there is also a opportunity to make money when the bitcoin goes down in value. Plus500 is on of the few brokers that offers you the opportunity to make money when the bitcoin goes down in value.

For example you would have made money in the period of Sept. 1st till the 14th of Sept 2017 when the Bitcoin dropped in value from 3600 GBP to 2400 GBP.  The profit would have roughly been 1200 GBP for you. Remember alway use a stoploss when you are trading bitcoin. If you want to know more about buy and sell bitcoin on Plus500 then check out this Plus500 Tutorial: How to buy and sell bitcoin on Plus500

ethereum

Ethereum: What is it? And why is it getting more popular?

Ethereum

Ethereum

The month June 2017 has been a crazy month for crypto currencies. The ETH went crazy, going in prize massive as Bitcoin did. If you have been watching Ether  for the last few weeks. Then you would have spotted a few really good trading opportunities that would give you a huge profit. So in this blog we are going take a look at Ethereum and Ether. What is Ethereum and why is it getting more popular?

What is Ethereum?

When you look at indices and the main stream news about the Ethereum, you might think that Ethereum is just another alternative crypto currency of Bitcoin. But if you do some more research on Ethereum, you will find out that it is not true. Ethereum is more then just a crypto currency. It is a very big highly advanced innovative platform for programmers and developers. On this platform you can build all kinds of apps such as games, financial app, social networks, basically everything you can imagine off. What makes Ethereum so special is that the platform is build on a decentralize system. Which means that there is no Authority that is holding all the information that is been used to create those apps. This platform was created with the intent that people can build programs that we may or are using every day. So this way there no middle man, and no central server to house that information. Without a central server, there is no main authority to change or shut down these programs without the entire community knowing about it.

Because of this advantage many programmers are hyped to build their apps on Ethereum platform. In order to program apps and run it smootly,you willl need Ether. Ether is like gas for car. Without ether, your app  can not function basically. There is only two ways of getting Ether. One is through mining and the other one is through buying ether on the market.So when you see Ethereum price quote on the markets it is really Ether actually. As the platform can’t be bought.

For a better understanding of Ethereum please watch this video of Vitalik Buterin (inventor of Ethereum) below.

 

How can I start in Trading Ether?

Speculation on the short term

Right now there is a lot of movement in the price of Ether. If you want to take make a profit on all those price movement. There is a option to speculate on the price of Ether. Ethereum coins are very volatile at the moment. As a trader you can take advantage of that. When the price of Ether goes up then you will automatically make a profit. But did you know that you can also make a profit when the price of Ether goes down? Because this happens all the time. You can make money by going short on Ether with a good online broker. This way you can earn a good profit too.

A really good online broker that gives you the opportunity to trade in Ether is Plus500. At Plus500 you can open a practise account for free in a very simple way. You can use this practise account to explore the opportunities in trading Ether. With the Plus500 software you can invest/trade in Ether with one mouse click. Because of this you can easily take advantage of all kinds of price movement of Ether. Click here to try out trading Ether at Plus500 for free.

Why is Ethereum getting more and more popular?

One of things that I like about the platform is that it gives you the possibility to create your own crypto currency. But there are many other advantages that Ethereum offers to programmers. That’s why this innovative platform is getting more and more popular. Because it is unique in his own kind. The more and more programmers that are choosing Ethereum to build their apps, the more ether will be needed. As the ether mining takes a long time and you need to know the right knowledge. So I think that on the short term the supply of  ether will be smaller then the demand for ether. Which will probably result into a higher  price value for Ether. But in all honesty I think that the recent rally of Ether was because of Bitcoin. Bitcoin went crazy in price value this month. Which surely took many other crypto currency including ether into a up trend at a higher speed. Because many investors doesn’t want to miss their chance like they had on Bitcoin. That’s why many jumped in the other alternative crypto currencies.

Conclusion

After taking a look at Ethereum. I am confident that Ethereum can stay for a very long time. I am not sure if the value of Ether will surpass the value of a Bitcoin. Because you can produce ether unlimited while Bitcoin is limited. However if more and more programmers and developers are going to use this platform then the demand for ether will increase. As you all know if the demand is higher then the supply then price will increase. In this case the price of ether will increase as long the demand is higher then the supply. As far as I know that it takes on average a month to mine 5 ether. Right Bitcoin and Ether are trade and invested in high volumes. If you don’t have the stomach for the dailey huge changes in prices then don’t trade but invest for long term. Keep an eye on our website because from now we will keep an track on Bitcoin and Ether.

+

Bitcoin 2017

Bitcoin 2017: A new superstar Safe haven

Bitcoin 2017

Bitcoin 2017

On the 13th July 2015, I wrote a piece about why Bitcoin was going up in value. In the end the Bitcoin gain in value around +26% and in 2016 +119%! If you had bought the Bitcoin at the time that I had publish that blog then your ROI would be +300%. (the selling price at the moment was 269 USD versus 1100 USD today) In this blog I am going to share you my thoughts about Bitcoin 2017.

Bitcoin 2015 – Bitcoin 2017: What has happend in the Bitcoin world?

What has happend in the last past two years in the Bitcoin world? Well the begin with more and more stores are accepting Bitcoin. However Bitcoin is still not popular among consumers. But it is gaining more attention from consumers according to this article. In my opinion in the past two years three major things have happen in the Bitcoin world.

Number one: Bitcoin is being accepted in more and more countries

Number two: More and more Cryptocurrency  related products and services are being created

Number three: Bitcoin has become a safehaven for currency traders/investors

Especially that last number three have been a big factor for the value increase of the Bitcoin of the past two year. With the slowdown in growth in the Chinese economy in particular, you saw that Chinese went into Bitcoin massive. Slowdown in growth means a weaker Yuan and because of that the chinese are investing in Bitcoin to protect their wealth.

Bitcoin 2017 the new gold?

In the last few weeks, the price of the Bitcoin Sky rocket. Mainly because of the weak yuan and the weak Venezuela currency. Currency investors look for a new safe haven. And it seems that for the Chinese & Venezuelan investors that Bitcoin is their safe haven. Why is Bitcoin so popular under the Chinese investors? One of the main reason is that the Chinese government are taking action to make it more difficult for the Chinese people to move their money overseas and invest outside of China. And with the continuation of the Yuan losing their value, the Chinese are looking for ways to protect their wealth. And one of the way of protecting their wealth is to invest in Bitcoins. Because unlike gold, you can use Bitcoins to buy other things where the government has no control on it.

 

Bitcoin 2017: What is going to happen this year?

  • will the currency break his ceiling of all time high?
  • currently there are 16 million bitcoins and 21 million bitcoins in total can be made
  • Lots of politic unrest , europe, venezuela, china, us (trade war), brexit

Bitcoin 2017: Will go higher in value

I think Bitcoin will continue to increase in value. Because the demand for bitcoins will increase while the supply of bitcoins becomes smaller. The reason for this is that bitcoin is a popular currency, which is still gaining more popularity. Off all the currency to invest in, the bitcoin has the potential increase in value faster then other currencies. With the Brexit, Venezuela & China’s capital outflow issues that is going on. I am sure that the bitcoin will set new higher values then in 2016.

 

 

Bitcoin currency: what are the benefits?

Bitcoin currency: What are the benefits of this currency?

Why Many People Are Using Bitcoin Currency Around the World

Being able to buy things with ease is a top concern for a lot of people. Nearly every online retailer accepts a number of payment methods. You will have to take the time to figure out what type of payment method is best for you and your needs. One of the most popular form of payment in today’s digital world is the bitcoin currency. This currency is used strictly online and comes with a variety of benefits. There are many people out there who have heard the name of this currency, but fail to realize what it is all about and the benefits that it has. Below are some of the reasons why bitcoin currency is becoming one of the most popular payment methods around the world.

Bitcoin Currency Offers Freedom

The biggest benefit that comes along with using this type of currency is the freedom that it allows the user. When using bitcoin currency, a person will be able to transfer it and use it whenever they want. There is not compensation that has to be made regarding banking holidays or even time of day. Due to the all-electronic nature of bitcoin currency, a person will be able to spend it or transfer it all times of the day. With other types of currencies, a person will have to wait until banks are able to process their transfers.

There is Control and Security With Bitcoin Currency

One of the other benefits that come along with using bitcoin currency is that the security of the currency is in the hands of the users. Since the users are the ones that are doing the transactions, they will be able to control their own security. There is also no way for vendors to charge any hidden fees on the transactions that are made with the bitcoin. The private information of the bitcoin currency user is hidden from view, which means that you will be able to get the right purchases made without putting yourself in danger.

Low Cost

Among the most attractive features of this type of currency are the very low fees that you will have to pay when using it. In some instances, there will be no fees at all when using your bitcoin currency. Before you make a purchase or transfer, you will have to take the time to find out what you are being charged. The more you are able to find out about the fees, if any, the more at ease you will feel about spending your bitcoins. The last thing that you want is to be ripped off due to neglecting to read the fine print before a sale is made.

Investing the time into finding the right currency is important and will more than payoff in the end. The use of bitcoin currency is exploding due to the fact that it is easy to use and will retain its value over time.

*How to buy and sell bitcoin on Plus500 broker*

Pages

Ico: news,analyses and trading tips

ICO News, Analysis and Trading tips

Welcome to our ICO news page. A short intro about ICO

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. You can find more about ICO here: ICO guide

 

under construction..