Beginner’s Guide: Introduction in Cryptocurrencies

MetaTrader 4 is the most popular trading platform among Forex traders. It’s free, supported by over a hundred brokers, and offers traders the ability to program their own custom trading system and indicators in the MQL4 language. In 2010, MetaQuotes debuted the MetaTrader 5 platform, offering many improvements over the previous version.

Due to the continued popularity of MetaTrader 4, active growth in MetaTrader 5 and the number of brokers currently offering live accounts, the new version is slowly becoming available. But for serious traders, MetaTrader 5 is also worth a look.

The new platform offers many features missing in MetaTrader 4, such as the ability to customize chart stages, new chart items and indicators, a built-in trading calendar, and support for additional instruments such as stocks and futures. Strategy Tester allows traders to test systems in multiple currencies, adds forward testing and supports multiple processors and remote agents to facilitate optimization.

The MQL5 language is a complete overhaul from MQL4. Many new features have been introduced, including object-oriented programming (classes, objects, etc.), structures and enumeration, new data types and event handlers, and more. Many new functions were introduced, and the existing functions were completely changed. However, MQL5 is more powerful than its predecessor, and is able to build and powerful trading systems.

Even for experienced MQL4 programmers, learning MQL5 can feel like learning a new language. A new MQL5 programmer should familiarize themselves with object-oriented programming, learn new data structures, and work around the many idiosyncrasies of MQL5 programming.

When considering moving to MetaTrader 5, the first consideration is whether your trading system is suitable for MetaTrader 5. The new version handles orders very differently than MetaTrader 4. With MetaTrader 4, the trader can open in multiple orders of the same symbol, each has its own lot size, order opening price, stop loss and take profit. Each order is different from the others, and for foreign brokers, you can watch and open buy and sell orders.

In MetaTrader 5, there is only one position open per symbol. The position is to buy or sell, and thus the prosecution cannot. The position has an order opening price, and the lot size is the net value of all opened buy or sell orders. The position also has a stop loss and take profit, and if the price changes, the SL or TP will change for the entire position.

For example, if you open two buy orders of 1 lot each in MetaTrader 5 of the same symbol, there is a position of 2 lots. The opening price of the position will be a weighted average of the opening prices of the two orders. A stop loss and take profit applies to the entire position. If you open an order to sell 1 lot, the resulting position is a position to buy 1 lot. If you open a sale order of 2 lots, it will result in a sale position of 1 lot. As orders are opened in the opposite direction, the direction of the position decreases or returns accordingly.

If your strategy depends on hedging, then MetaTrader 5 is not for you. If, however, your trading strategy opens multiple orders and you want to close part of the current position at a specific price, then pending orders can be used to increase the position. The implementation may change, but you can do many of the same things in MetaTrader 5 that you can in MetaTrader 4.

There are three parts to a trade in MetaTrader 5. The order is a request to open a trade at a particular price. A deal is the fulfillment of an order, and a position is the result of one or more deals. When checking historical trades on MetaTrader, you can look at orders, deals or both. This is very different from MetaTrader 4, and will require some familiar practice. Stop loss and take profit amounts are listed in the trading log, and you should consult the log when testing your trading system.

The MetaTrader 5 Strategy Tester offers significant improvements from the previous version, including multi-currency testing, expanded reports, forward testing and support for multi-core processors and remote testing agents. If you thoroughly test your expert advisors, Strategy Tester enhancements alone will be worth the time and effort of coding new MQL5 expert advisors.

While MetaTrader 4 and 5 will live together for the foreseeable future, the advances offered by MetaTrader 5 are likely to convince sophisticated traders to make the switch.

Last year, several of the best Forex brokers introduced the concept of social Forex trading. The idea is simple: the best Forex traders engage their trades in the community, and other traders are free to copy their trading strategies. This is a novel idea, and one that allows inexperienced Forex traders to learn from Forex experts.

Many of the best social Forex brokers allow you to find traders to copy based on profit, risk level, and the number of other traders who copy a Forex trading expert. This makes it easy to find popular Forex traders to copy, but there are many things you need to consider when copying a Forex trader.

1. “Popular” doesn’t always mean “best.” Most brokers allow you to see how many people are copying a Forex expert. However, the number of copywriters alone does not mean a strong entrepreneur. Many times, users flock to a trader after he or she has made a trade with a huge profit, hoping to score again. An entrepreneur can have thousands of followers, but that doesn’t mean followers get any money.
2. Don’t copy a Forex trader just for the big return. As with the popularity of a trader, the results of a trader’s Forex trading can be quite misleading if not read correctly. One of the most reputable Forex brokers has many traders whose statistics show a 300% profit in Forex trading. This is a strange number, but you have to consider the number of trades and the amount of capital risk to get this profit. If you don’t have a large trading account, you may not be able to withstand the drawdown experienced towards large Forex profits.
3. Check the risk profile. Most of the leading social Forex brokers will offer some form of risk measurement to a trader. While many of the high-risk Forex traders manage to get a lot of profits, the strategies used may not work for all traders. Beginning Forex traders, in particular, need to copy traders with a low level of risk so that a business does not risk their entire account.
4. Diversify! Don’t risk your entire Forex trading account copying a trader. Instead, choose a few different traders and divide your money between them. This will reduce your overall risk, as only a portion of your account will be put at risk if a trader engages in a risky trade. Yes, you may miss a huge trading opportunity now and then, but steady Forex income is the goal.

If you keep these ideas in mind, you have a greater chance of successfully copying other Forex traders. Social Forex trading programs are a great way to start Forex trading, which reduces risk as new traders learn the Forex market. However, there is a risk involved and traders need to be wise in their decisions in choosing traders to copy.

Over the next ten years, Bitcoin is more likely to be $ 100 than $ 100,000, says Harvard economist

Harvard University professor and economist Kenneth Rogoff said Tuesday that, the probability of bitcoin prices falling by $ 100 is higher than digital currency trading at $ 100,000 a decade from now.

“I think bitcoin will be a little bit more of what it is now if we go ten years from now … I see $ 100 more likely than $ 100,000 ten years from now,” Rogoff said. CNBC’s “Squawk Box.”

“If you take the opportunity of money laundering and tax evasion, the actual use of it as a transaction vehicle is minimal,” the former chief economist at the International Monetary Fund (IMF) said.

Many illegal transactions are associated with Bitcoin, estimates varying in the proportion of digital currency usage used in illegal activities. According to Shone Anstey, co-founder, and president of Blockchain Intelligence Group it is calculated that the level of illegal transactions dropped to 20 percent in 2016 and “significantly lower than that” in 2017.

The regulations introduced by the government could trigger a drop in bitcoin prices, Rogoff said, although he stressed that it would take time to develop a global regulatory framework.

“It needs global regulation. Even if the US goes down with it and China goes down, but Japan doesn’t, people can still do laundry through Japan,” he said.

According to industry site CoinDesk, Bitcoin traded at about $ 11,242.61 during Tuesday morning trade in Asia. The price of digital currency has fallen this year from a record more than $ 19,000 in December last year.

Authorities are acting passively about regulating bitcoin which is why the anticipation of the technology behind the digital currency, according to Rogoff.

“They want to see technological advances,” Rogoff said, adding that the private sector has historically “designed everything” in money history, from standardized coinage to paper money.

Bitcoin is an important part of growth as an application of blockchain technology that allows transactions to be maintained and recorded.

However, in the past there have also been claims about falling bitcoin prices. Before bitcoin was sold in December last year, Rogoff said in October that digital currency estimates would “collapse” amid attempts by governments to regulate the space.

Cryptocurrency mining is an endless game in this digital world. Bitcoin, the first decentralized currency introduced in early 2000. Cryptocurrency mining is a complicated process of checking transactions and adding them to the public log (blockchain). This record of past transactions is called a blockchain because it is a chain of blocks. The blockchain is used to confirm transactions with the rest of the network. Blockchain is also responsible for launching new bitcoins. Each of the many cryptocurrencies in existence depends on the basic idea of ​​the blockchain.

Mining process

The cryptocurrency was designed to be decentralized, secure, and unchanging. So every transaction is tangled. When this tangled transaction takes place, it is added to what many call a “block” until a certain number of transactions are registered. The block is then added to the blockchain, which is publicly available. During the mining of cryptocurrencies – Bitcoin, Dash, Litecoin, Zcash, Ethereum, etc., the miner has to make the last transactions in blocks, break the computationally complex puzzle. There are several online bitcoin mining sites. It has become a very common way to earn money.

Cryptocurrency is cryptocurrency, which means that it uses special encryption, which allows you to control the production of coins, confirm the transaction. The block is quite useless with its currently available egg. However, after applying the algorithm to a specific block. As a result of matching, the miner gets a few bitcoins. To be able to hear bitcoin through mining, the miner must be technical. Bitcoin mining is very competitive for profit. Bitcoin price makes it difficult to make money without speculating on prices. The payoff is based on the extent to which their device has helped solve the puzzle. The miners check the deals, make sure they are not fake, and maintain the infrastructure.

The best coins for mine

Bitcoins are not a decent decision for beginners who are shooting on a small scale. The cost of maintaining current prepayments, as well as the significant scientific difficulties of the procedure, simply do not make it cost-effective for buyer-level equipment. Bitcoin mining is currently being used for large-scale operations. Litecoins, Dogecoins և Feathercoins, again, are three Scrypt-based digital forms of money that are the best way to save money for students. According to the current Litecoin estimate, a man can earn from 50 kopecks to $ 10 per day using customer-level mining equipment. Dogecoins և Feathercoins will benefit a little less with similar mining hardware, but are becoming more popular every day. Peercoins can also be a reasonably fair profit for your time: viability.

As more individuals join the cryptocurrency growth, your decision will be more difficult to extract as finding more expensive equipment will be required. You will either have to invest heavily if you have to keep mining that coin, or you have to take your income and switch to less demanding cryptocurrencies. Understanding the top 3 bitcoin mining strategies is probably where to start; This article focuses on mining scrypt coins. Likewise, make sure you are in a country where bitcoins և bitcoin mining is legal.

The purpose of mining

How about focusing on cryptocurrency mining? The whole key point of the mining industry is to do three things.

1. Give accounting to the coin network. Mining is essentially every minute of every day on the computer, called “transaction verification”.

2. Get a small reward for your bookkeeping administration by accepting coin fractions every two days.

3. Slip your personal expenses, including electricity: equipment.

Some basic terms:

A free private database called a coin wallet. This is a password-protected container that stores your revenue և keeps a huge record of transactions. Free mining software package, similar to money, usually consisting of a cgminer և layer. Registration in a web-based mining pool, which is a community of miners who consolidate their PCs to increase profitability և wage stability. Sign up for an online currency exchange where you can exchange your virtual coins for regular cash և vice versa. Reliable full-time web association, ideal at 2 megabits per second or faster. Place equipment in your basement or other cool, ventilated area.

Work area or specially designed PC for mining. Indeed, you can use your current PC to run, but you will not be able to use the computer while the digger is running. A separate PC is ideal. Hint. Do not use a laptop, game console or handheld for mining. These devices just aren’t good enough to make money. ATI graphics processing unit (GPU) or specialized processing device called ASIC chip mining. Costs range from $ 90 to $ 3000 for each new GPU or ASIC chip. The GPU or ASIC will be the workforce to outsource the mining operations to the accounting administrations.

Home air conditioner to blow cold air through your mining computer. The mining industry generates considerable heat, and equipment freezing is essential for your prosperity. Personal interest. You absolutely demand a strong appetite for constant reading and learning, as there are constant innovations, new methods of modernizing coin mining are emerging. The best coin miners spend hours, consistently considering the most ideal ways to regulate and enhance their coin mining efficiency.

Profitability of cryptocurrency mining Every time a mathematical problem is perceived, a constant amount of bitcoins is created. The number of bitcoins generated per block starts at 50 and is halved for every 210,000 blocks (about four years). The current number of bitcoins awarded per block is 12.5. The last semi-finished product took place in July 2016, and the next one will be in 2020. Profitability assessment can be done through various online mining calculators. The development of digital currency standards, such as Bitcoin, Ethereum, and Bitcoin Cash, which have stimulated huge corporate acquisitions, is required to contribute to significant market development in the near future.

Cryptocurrency mining is a computationally intensive process that requires a network of multiple PCs to verify transaction logging, known as blockchain. Excavators are offered a share of transaction fees և due to their high computing power, they are more likely to find another block. These support transactions help enhance the security of the network հաճախ: guarantee honesty, which is a significant factor in the development of the global cryptocurrency mining market.

The modern concept of cryptocurrency has become very popular with traders. A revolutionary concept introduced to the world by Satoshi Nakamoto as a side product became a hit. Cryptocurrency decoding we know that crypto is something that is hidden and currency is a medium of exchange. It is a form of money used in the block chain that is made and stored. This is done through encryption techniques to control the creation and verification of the currency being transacted. Bit coin was the first cryptocurrency to emerge.

Cryptocurrency is only one part of the process of a virtual database running in the virtual world. The identity of the real person here cannot be determined. Also, there is no centralized authority that regulates cryptocurrency trading. This money is equivalent to the hard gold that people preserve and its value should increase in many leaps. The electronic system set up by Satoshi is a decentralized one where only miners have the right to make changes by confirming transactions initiated. They are the only human provider to touch the system.

Cryptocurrency forgery is not possible because the entire system is based on hard core math and cryptographic puzzles. Only those people who are able to solve these puzzles can make database changes nearly impossible. The transaction once confirmed can be part of the database or the block chain that is irreversible.

Cryptocurrency is nothing but digital money created with the help of coding technique. It is based on a peer-to-peer control system. Let us now understand how one can benefit by trading in this market.

It cannot be reversed or faked: Even if many people deny it that the transactions made are irreversible, but the best thing about cryptocurrencies is that once the transaction is confirmed. A new block is added to the block chain and then the transaction cannot be forged. You will be the owner of that block.

Online transactions: This not only makes it suitable for anyone sitting in any part of the transactional world, but it also simplifies the speed of the transaction to be processed. Compared to real time where you need third parties to come into the picture to buy a house or gold or get a loan, you only need a computer and a future buyer or seller if there is cryptocurrency. This concept is easy, fast and full of ROI prospects.

The fee is small per transaction: There is low or no fee charged by miners during transactions because they are maintained by the network.

AccessibilityThe concept is so practical that all people with access to smartphones and laptops can access the cryptocurrency market and sell it anytime anywhere. This accessibility makes it more profitable. As the ROI is commendable, many countries like Kenya have introduced the M-Pesa system that allows the bit coin device which now allows 1 in every three Kenyans to have a small coin wallet with them.

Crypto currency against Fiat currency

Are you aware of fiat currencies և cryptocurrencies? They are both currencies in one form or another; they are open to the public all over the world. But they are both different in their ways. There is always one group that approves of the use of cryptocurrencies, while the other has a soft corner for fiat currencies.

Crypto money plays a big role in a non-cash society

If you look at the market 1970 1970s և 1980s, you will find that cash has played a dominant role. However, with the change of technology, electronic transactions have become a common norm. Today more and more people are influencing to become a non-cash society. Cryptocurrencies play a big role in the development of a non-cash society.

Crypto currency և fiat currency always contradict each other

Cryptocurrency iat fiat currency is a popular type of digital currency, especially when it comes to online trading. They are both currencies that are currently used in the market but have some differences. There are many hellish noises that you will hear every day comparing cryptocurrency to fiat money. This article will highlight the difference between the two in a more comprehensive, simple way.

Distinguish between what currencies represent

Before you can tell the difference between the two, you need to understand what they represent and how they are defined.

Fiat currency is a legal tender that has the support of the central government, it operates by physical means. For example, US dollar, British pound, euro, etc. On the other hand, cryptocurrency is an illegal means of payment; it has no reserves from the central government or the bank.

Therefore, the difference between cryptocurrency and fiat currency is indicated as follows:

• Cryptocurrencies are decentralized և global in nature. There is not a single organization or government that controls the currency by its own laws and regulations. Fiat currency is centralized under the control of banks և government և regulations.

• Cryptocurrencies exist only in the digital domain. On the other hand, you will find that fiat currencies have a tangible physical existence.

• There is a limited supply of cryptocurrencies, the maximum package of which is supplied in the market. Fiat money, on the other hand, has an unlimited supply, as the government և the bank has the right to produce coins և banknotes when the situation demands it.

• Bitcoin այլ Other cryptocurrencies are created by computers, while fiat currencies are issued by local government և banks.

• Cryptocurrencies are presented as public-private passwords. On the other hand, fiat currencies are presented in the form of coins and banknotes.

• The value of cryptocurrencies is not recognized by market supply: demand. The value of the fiat currency, on the other hand, is determined by the market-supply-demand market regulations.

Different types of cryptocurrencies

The popularity of cryptocurrencies has been a huge success over the last decade. That was in 2009 when bitcoin was first introduced, և years after the emergence of several other types of cryptocurrencies. Starting with Litecoin. Dogecoin, Ripple to Dcash և Zcash, there are many. On the other hand, the fiat currency has rich և ancient roots in the British pound, which dates back to AD. In the year 775. It is considered to be the oldest currency in the world, which is still used.

Differences in anonymity between the two currencies

When using fiat currencies, you must go through a process of user identification or verification. You are asked to upload your latest photo և some of the required documents to be submitted by government agencies. You do not need to go through any of the required cryptocurrency processes. Your personal information և confidential information is not disclosed, but all your transactions are recorded և traced back to both fiat and cryptocurrencies.

Fiat currency against cryptocurrency. level of transparency

• The level of transparency of cryptocurrencies is considered higher. This is due to the fact that revenue streams are displayed in the public chain. Everyone can witness the transactions of their own և others.

• Fiat or government. Currencies are not transparent because there are no public chains to see the revenue streams of people.

Comparative historical roots

If you compare cryptocurrency with its counterpart, fiat, or the state currency, you will see that their existence and creation make a difference. Fiat, the national currency, dates back to 775 BC with the introduction of the British pound. This is why fiat currency is easily accepted by people all over the world.

The cryptocurrency, on the other hand, was probably first introduced just a decade ago with the introduction of bitcoin in 2009. The challenge for Bitcoin’s “other cryptocurrencies” coincides with the growing popularity of the fiat currency և fan base. . Cryptocurrency is undoubtedly gaining popularity in the economic market, but it is not yet widely accepted as a fiat currency.

Comparative history of the two currencies.

• It was in the 11th century that the Chinese Song Dynasty was the first to issue a banknote. It is not allowed to exchange with expensive items – gold, silver or silk.

• There were Tally sticks that were presented as fiat or government currency. As a struggle against the shortage of gold, 1100 tali sticks were introduced.

• 1971 was the year when the fiat currency became world famous. President Nixon introduced it to abolish the dollar-gold system.

• It was in 1998 that Wei Dai came up with the idea of ​​an anonymous electronic cashing system. Bitgold – the first cryptocurrency created by Nick Sabo, but it did not receive as much attention as Bitcoin.

• In 2009, Bitcoin was introduced to the market, becoming the first cryptocurrency to be adopted worldwide. In 2011, a number of other cryptocurrencies were introduced. Some of the popular ones include Litecoin, Dogecoin, Ethereum, Ripple, Zcash, Dash, etc.

Properties of both currencies

The potential of cryptocurrencies և fiat currencies, getting acquainted with their features is possible. You will find that by some standards bitcoin և other cryptocurrencies outperform fiat or government currency, and in some cases the latter. It’s absolutely your job to choose the type of currency (cryptocurrency or fiat currency) based on your personal needs և requirements.

Let’s compare their properties with some factors.

• Both cryptocurrencies and fiat currencies are interchangeable in nature.

• In terms of mobility, both currencies provide more or less the same position.

• As for non-consumable criteria, cryptocurrency iat fiat currency has equal status.

• Crypto-currencies have a higher strength compared to fiat-currencies that have a medium level of stability.

• Both crypto or virtual currencies, fiat or government currencies provide secure և secure transactions: exchange.

• Crypto or digital currencies are highly separable in nature. On the other hand, fiat currencies are moderately divisible.

• Cryptocurrencies are easy առումով in terms of transaction process և without hassle. Fiat currencies, on the other hand, are easy to pull off, but not like cryptocurrencies.

• Crypto-based currencies are decentralized և global in nature, unlike fiat currencies, which are centralized և operate under government law և regulations.

• Crypto-based currencies are very scarce, where fiat currencies are usually unlimited, as the government can issue coins և banknotes when needed.

• Crypto-based currencies are based on mathematical algorithms and are programmable. Fiat currencies are not programmable at all.

• Fiat currencies are sovereign in nature, while cryptocurrencies are not.

The process of launching currencies

You can find significant differences between cryptocurrencies or digital currencies և fiat currencies և both in the way transactions are processed. They are opposite in nature. Money transfers via Bitcoin are very fast, you absolutely do not need a third party association.

On the other hand, if you are exchanging money using Fiat currency, then use a mobile wallet. You can exchange the amount of e-money that is transferred at the same value. Both fiat and cryptocurrencies allow you to buy whatever you want. However, the processes involved are completely different from each other.

Depending on what you buy, you may find that one currency’s is better than another. This is absolutely your choice.

Is Bitcoin cryptocurrency better than fiat currency?

The long-term benefits and capabilities of bitcoins have not yet been established. But cryptocurrency gurus and experts have predicted that they will go a long way, especially in revolutionizing online transactions. In the current market, bitcoin is mainly included in online casinos and gambling, but it is not limited to that.

Moreover, when you compare fiat currencies, Bitcoin allows you to seize power and authority from the banks և the government because it is not controlled. Cryptocurrency-based currency has the potential to generate or generate free market capitalization. Fiat currencies are affected by inflation ությունները changes in the market, in contrast to cryptocurrencies. Such aspects make individuals believe that cryptocurrency-based currencies will soon dominate major currencies, transforming them into a way of using money.

Why is Bitcoins considered a better party than fiat currencies?

• Bitcoin allows you to recreate free market capitalism.

• The power to control money is entirely in the hands of individuals, not banks, such as fiat currencies.

• When there is inflation, Bitcoin is not affected. But it would be easier to lose Fiat currency and influence it.

• Bitcoin currency is easy to exchange և transfer compared to fiat or government currencies.

• Bitcoin transaction fees are much cheaper և easily accessible.

Cryptocurrencies seem to be a good option for people

Fiat currencies are a centralized, legal way of exchanging money. But cryptocurrencies have gained immense popularity over the past few years. There will never be anyone who will act as an intermediary, as in the case of banks. Moreover, cryptocurrencies are much cheaper և less expensive than regular fiat currencies.

Send money directly anywhere without waiting for bank approval

You can send money directly to anyone in the world և it’s very fast. The amount is cleared through customs in a few minutes. You do not have to wait for the traditional clearing and inspection processes of banking systems, which can take up to several days to clear customs. Because it is decentralized, disobeys government laws and regulations, no one has the right to do anything with your account.

Blockchain technology has a big role to play

Thanks to cryptocurrencies, which give us the power to become our own bank, to control our finances. This is due to blockchain technology, which offers a higher level of financial complexity. In fact, there are some major financial areas that have begun to incorporate the idea of ​​technology.

In the first edition of CRYPTO TREND we introduced Crypto Currency (CC) and answered many questions about this new market space. There is a lot of NEWS in this market every day. Here are some highlights that give us a brief look at how new and exciting this market place is:

The largest futures exchange in the world to create a futures contract for Bitcoin

Terry Duffy, president of the Chicago Mercantile Exchange (CME) said “I think sometimes in the second week of December you see our [bitcoin futures] contract for listing. Today you can’t shorten bitcoin, so there’s only one way to do it. You can buy it or sell it to others. So you create a two -sided market, I think it’s always more efficient. ”

CME intends to launch Bitcoin futures by the end of the year pending a regulatory review. If successful, it will give investors a practical way to go “high” or “short” on Bitcoin. Other traders of Exchange-Traded Funds have also filed for bitcoin ETFs that track the future of bitcoin.

These advances have the potential to allow people to invest in the crypto currency space without directly owning CC, or using the services of a CC exchange. The future of Bitcoin will make the digital asset more profitable by allowing users and intermediaries to hedge their foreign exchange risks. That will increase cryptocurrency adoption by traders who want to accept bitcoin payments but are wary of its unchanging value. Institutional investors are also used to trading regulated futures, unaffected by money laundering concerns.

The CME move also suggests that bitcoin has become too big to ignore, as the exchange seems to have held back the futures of crypto in the recent past. Bitcoin is just all that is discussed by any of the brokerages and trading firms, which suffer amid rising but not usually peaceful markets. If the future of an exchange, it is almost impossible for any other exchange, such as CME, to reach, because size and liquidity are important in derivatives markets.

“You can’t ignore the fact that it’s become so much more of a story that won’t go away,” Duffy said in a CNBC interview. There are “mainstream companies” that want to access bitcoin and there is a “huge demand” from clients, he said. Duffy also thinks that bringing institutional traders to the market will make bitcoin less volatile.

Japanese village to use crypto currency to raise capital for municipal transformation

The village of Nishiawakura in Japan is researching the idea of ​​conducting an Initial Coin Offering (ICO) to raise capital for the revitalization of the municipality. This is a very new approach, and they can ask for national government support or ask for private investment. Many ICOs have serious problems, and many investors doubt that any new token has any value, especially if the ICO turns out to be another joke or scam. Bitcoin is definitely not a joke.

INITIAL SENTENCE – (ICO)

We didn’t mention ICO in the first edition of Crypto Trend, so let’s talk about it now. Unlike an Initial Public Offering (IPO), where a company has an actual product or service being sold and you want to buy shares in their company, an ICO can be held by anyone who wants to start one. new Blockchain project with the purpose of creating. a new sign in their chain. ICOs are unregulated and several have become total shams. A legitimate ICO can instead raise a lot of money to fund the new Blockchain project and network. It is common for an ICO to generate a high token price near the start and then sink back into reality soon after. Because an ICO is easy to maintain if you know the technology and have some money, there is a lot, and now we have about 800 tokens to play with. All of these tokens have a name, they are all crypto currency, and apart from the very well-known tokens, such as Bitcoin, Ethereum, and Litecoin, they are called alt-coins. At this time Crypto Trend does not recommend joining an ICO, as the risks are extremely high.

As we said in Issue 1, this market is the “wild west” right now, and we recommend caution. Other investors and early adopters have made huge profits in this market space; however, there are many who have lost much, or all. Governments consider regulations, because they want to know the nature of each transaction so they can tax them all. They all have huge debts and are tied up for money.

Currently, the crypto currency market avoids many government and conventional banking financial problems and pitfalls, and Blockchain technology has the potential to solve many problems.

A good feature of Bitcoin is that the creators choose a limited number of coins that can be produced – 21 million – thus ensuring that this crypto coin is never raised. Governments can print as much money (fiat currency) as they want and hoard their money until they die.

Future articles will examine specific recommendations, however, make no mistake, early investing in this sector is only for your most speculative capital, money you may lose.

CRYPTO TREND can be your guide when and when you are ready to invest in this market space.

Stay Tuned!