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Showing posts with the label Litecoin

Swing Trading Strategy

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This straightforward strategy simply requires vigilance . The idea is you keep a close eye out for a correction in a trend and then catch the ‘swing’ out of the correction and back into the trend. A correction is simply when candles or price bars overlap. You’ll find trending prices move quickly, but corrections, on the other hand, will not. Let’s say on your cryptocurrency chart at 250-minute candles, you see 25 candles where the price stays within a 100 point range. If the price contracted to a daily move of just 20 points, you’d be seriously interested and alert. You should see lots of overlap. This tells you there is a substantial chance the price is going to continue into the trend. You should then sell when the first candle moved below the contracting range of the previous several candles, and you could place a stop at the most recent minor swing high. It’s simple, straightforward and effective. Even with the right broker, software, capital and strategy, the...

Cryptocurrency: A Source Of Passive Income

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In order to understand how crypto can become a source of passive income, we must first understand or define what passive income is. What is Passive Income? Passive income is earnings derived from a rental property , limited partnership or other enterprise in which a person is not actively involved. As with active income, passive income is usually taxable. However, it is often treated differently by the Internal Revenue Service (IRS). Portfolio income is considered passive income by some analysts, so dividends and interest would therefore be considered passive. Passive income is a big step for cryptocurrency : it’s about time that people use digital assets productively. There are options that vary in time-intensity to fit one’s investor capacity and crypto needs at the same time. Cryptocurrencies are complicated so you need to make the point that it could be very easy . It’s common knowledge that institutional investors, specifically from CME , are increasingly em...

Introduction To Cryptoeconomcs

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We often see Bitcoin and other cryptocurrencies like the Wild West : no rules, no social norms, only greed, selfishness and mining. This professed lack of law and order makes the crypto world scary to many people. Nevertheless, in reality, there are rules that govern decentralized peer-to-peer (p2p) networks such as Bitcoin . These rules are coded into procedures and deliver the framework for how contributors of a network interact with each other. They help us create a secure, trustworthy and valuable system, just like laws deliver a framework for a better society. Cryptoeconomics asks the question of how we can design these rules and incentives, so that the networks stay secure and create value for everyone. Cryptoeconomics uses cryptographic tools, game theory and economic incentives to achieve this goal. The Two Pillars of Cryptoeconomics Cryptography: techniques that keep messages secure Economic incentives : rules and rewards that encourage you to add value to t...

Qawra: A Travel Guide

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Qawra is a Maltese resort town popular for its coastal scenery and great value cafes, bars and restaurants. Many of its eateries are within close walking distance of a wide variety of accommodation choices. Accommodation options range from 2 star apartments to 4 star hotels and resorts, so there’s something for every budget. Qawra is one of three adjoining villages located in the Northern region of Malta along the shores of St Paul’s Bay. Bugibba and St Pauls comprise the other two. The capital of Malta, Valetta, is only 17.6km (10.9 miles) away, making it easily accessible by public transport or the City Sightseeing Malta bus tour. Qawra Watch Tower (Source: google.com) In spite of its modern, tourist-centric image, Qawra boasts its fair share of beautiful old buildings. Qawra Watch Tower was built back in 1638 by the Order of St John. The battery was added in 1715. The tower is now home to a restaurant (Ta’ Fra Ben Bar & Restaurant), and the battery a swim...

5 Reasons To Invest In Cryptocurrencies

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With prices rocketing back from the lows. In fact, many cryptocurrencies have doubled from their recent low prices over the last several weeks. Here are a few reasons why you should get your hands on cryptos, and make them one of your investment options: 1.      The Market Is Still In Its Infancy   Cryptocurrency is less than a decade old. Bitcoin was launched in 2009, and other major crypto names are far younger. By way of comparison, the New York Stock Exchange began in 1792 and commodities have traded for many centuries.  Volatility is the hallmark of a new market. As exchanges and investors adjust to the new products, massive price swings are inevitable. This is why, despite my bullish bias, I say to only risk what you can afford to lose when investing in the novel cryptocurrency markets.  As the market matures, volatility will decline to create smoother equity curves for investors in both directions. Make no mistake, th...

How to Buy Cryptocurrency?

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The method of purchasing and selling cryptocurrency has been made a lot easier over the last few months. There are five significant aspects that you must think about before purchasing any cryptocurrencies or to buy some XcelToken Plus (XLAB): Location To find out how and where you can buy cryptocurrency, it is important for you check your country’s regulations. Payment Method The most common and accepted payment methods to buy cryptocurrency include: credit card, bank transfer or even cash. Different websites accept different payment methods, so you’ll need to choose a website that accepts the payment method you want to use. Type of Cryptocurrency Not all cryptocurrencies are available for purchase on every website. You will have to find a website that sells the cryptocurrency that you want to buy. Cost of Fees Each website has different fees. Some are cheap, some are not so cheap. Make sure you know how much the fees cost before setting up an account on...

Cryptocurrency Trading Strategy: The Balanced Portfolio Strategy

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XcelToken Plus is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors. XcelToken Plus is now available on 14 diverse cryptocurrency trading platforms where you can use the below cryptocurrency trading strategy : If you need balance in your life this may be the best cryptocurrency trading strategy for you. A balanced portfolio strategy comprises of buying numerous cryptocurrencies, for the same volume across the marketplace. Say you invest in- Litecoin Bitcoin XcelToken Plus You have a budget of $900. You’d invest $300 into each coin allocating your asset evenly. This way you’re distributing the risk across the board. This is a good way to test dissimilar coins, when you’re uncertain of which ones will do well for you or not. You’ll rapidly find out which currencies have the best shot in succeeding. From there you may want to only invest i...