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Tuesday, August 22, 2017

Introduction To Bitcoin And Its Advantages

Bitcoin is one of the most versatile currencies available. Some of its uses include trading bitcoins, binary options, and foreign exchange trading.

 Bitcoin is a form of currency existing only in the digital world. The technology was created by an individual hiding under an identity named Satoshi Nakamoto. To this day, the creator/creators of the system never materialized, maintaining an anonymous status.

 Bitcoins are not printed like traditional currencies as there are no physical representations for the cryptocurrency; it is produced by users and numerous businesses through a process called mining. This is where dedicated software solves mathematical problems in exchange for the virtual currency.

 A user takes control of it using electronic devices, which also serves as medium to complete transactions with the help of numerous platforms. It is also kept and secured with the employment of virtual wallets.

 Characteristics of Bitcoin

 Bitcoin has the characteristics of traditional currencies such as purchasing power, and investment applications using online trading instruments. It works just like conventional money, only in the sense that it can only exist in the digital world.

 One of its unique attributes that cannot be matched by fiat currency is that it is decentralized. The currency does not run under a governing body or an institution, which means it cannot be controlled by these entities, giving users full ownership of their bitcoins.

 Moreover, transactions occur with the use of Bitcoin addresses, which are not linked to any names, addresses, or any personal information asked for by traditional payment systems.

 Every single Bitcoin transaction is stored in a ledger anyone can access, this is called the blockchain. If a user has a publicly used address, its information is shared for everyone to see, without its user's information of course.

 Accounts are easy to create, unlike conventional banks that requests for countless information, which may put its users in jeopardy due to the frauds and schemes surrounding the system.

 Furthermore, Bitcoin transactions fees will always be small in number. Apart from near-instant completion of processing, no fees are known to be significant enough to put a dent on one's account.

 Uses of Bitcoin

 Apart from its abilities to purchase goods and services, one of its known applications features its use for a number of investment vehicles. This includes forex, trading Bitcoins, and binary options platforms. Furthermore, brands like BitPlutos offer services that revolve around Bitcoin as currency.

 Clearly, Bitcoin is as flexible as traditional legal tenders. Its introduction provides every individual with new beneficial opportunities with its ease of use and profit making capabilities.

 For additional reading regarding bitcoins, read here: http://www.bitplutos.com/binary-options/bitcoin-tradng

Invest in Stocks With the Trend

Always try to invest with the trend.  Doing so is like paddling a boat downstream.  Making progress is easy.  It is very difficult to make progress when you paddle upstream.  How do you determine what the trend is?  If the 200-day moving average of the market index is rising, then the general trend is up.  Does that mean the short-seller cannot sell short?  It does not mean that at all.  We do not define the trend by using only one measurement.   For the person who buys and holds his positions for two years, a rising 200-day moving average is favorable.  However, for a swing trader who holds his positions from one day to a few weeks, the direction of the 200-day moving average will likely be irrelevant.  That is why the trend indicator must fit the time-horizon (the intended holding period) of the investor.

 If you intend to hold your stock for a week or so, then the direction of the 20-day moving average will be important to you.  It will be of little or no importance to the individual who intends to keep his positions for two years.  If you intend to hold for a month or more, then the direction of the 50-day moving average will be very important to you.  However, there is some overlap here.  The direction of the 50-day moving average can also be important to the swing trader.  If the swing trader sees that both the 20-day and the 50-day moving averages are rising, he will have more confidence than if the 20-day moving average is rising but the 50-day moving average is still declining.  Under the latter condition, he might want to have tighter stops and to sell more quickly at the first sign of weakness.  If the two moving averages are rising, he might be a little more patient with his positions.

 We have said that the trader should invest with the trend, but there is more than one trend to consider.  There is the trend of the stock and the trend of the market.  Assume a person is a relatively long-term swing trader who likes to capture moves that last about a month.  It is possible for a stock to have a strongly rising 50-day moving average while the market index has a declining 50-day moving average.  Of course it is better if both are moving in the same direction as the trade you wish to make.  However, there are times when an individual stock will persist in a strong up-trend against the market's direction.  When a downward trending market has a rally, stocks with persistent strength will tend to rally as well.  When the market has its next plunge, the stock in a persistently strong rising trend will tend to decline to its rising trendline.  When it reaches that trendline, the savvy trader will monitor its behavior.   If the stock shows signs of rebounding off that trendline, the trader will buy.  In doing so, he is investing with the trend of the stock even though it is against the trend of the market.  The fact that the stock is in a persistently strong rising trend is what makes the trade sensible.  The author considers a stock's return to its rapidly rising moving average to be one of his favorite "setup" patterns.    

 Our own traders at stockdisciplines.com try to monitor the general tone or "health" of the market by reviewing a series of indicators updated daily on our site.  However, there are useful observations the reader can make without referring to indicators.  For example, if the market goes up on good news, the market is behaving well.  If it goes down on good news, there is probably no trend in your favor, and bullish investments involve much greater risk.  The point is that it is always a good idea to invest with the trend that is suitable for your investment time-horizon.  It helps if the market is moving in the same direction as the most appropriate trend for your intended stock investment.  In other words, if you are a short- to intermediate-term trader, and the stock you want to invest in has a declining 30-day moving average, you should take that as a danger signal.  If the 30-day moving average is rising, that would be a good sign.  If the 30-day moving average of the market is also rising, that would be even better.

 Copyright 2016, by StockDisciplines.com a.k.a. Stock Disciplines, LLC.

What is bitcoin?

It is a brand-new currency designed to make purchasing easier. They offer less transaction fees for their members, less clutter, no need for traditional banks, and provide a much simpler way to make payments transparent.  You can use bitcoin to book flights, utilize travel agencies, buy Apple products, use a premium dating service, buy clothes, web-hosting, alongside many other prominent companies.

 The bitcoin QT software allows people to generate digital currency without the use of any type of third-party agent.
 The bitcoin QT comes with a unique address for you to send and receive payments with bitcoin. This means you can remain totally anonymous without the need of a bank account, your Social Security number, or even your name. What you will need however, is bitcoin mining equipment to help generate bitcoin's because the CPU power alone probably won't generate enough cryptocurrency for you to use to make any type of purchase.

 Once generated, these bitcoin's will be stored in the bitcoin QT wallet. The difference between other bitcoin wallets like Coinbase or Blockchain.info is you need to set them up with your name, Social Security Number, email, or other sensitive data you might not want to pass along.

 Since bitcoin mining is becoming a thing of the past, more & more people are trickling into cloud mining. This will entail not being able to remain anonymous so setting up an online digital wallet will not be a bad thing. The security is still top-notch for many of the top online wallets so the need to be anonymous is pretty much non-existent.

 When I get asked the question what is bitcoin? I just tell folks it's a brand-new currency that can be developed out of thin air because you don't have to have a bank account, Social Security number, or even a name. You just have to have the desire to learn a new concept designed to eliminate all the fallacies that has been created over the years by the corrupt banking system, of corporate America, corrupt governments across the globe, and provide a solution for those problems.

 The bitcoin QT is the main source for generating bitcoin without the hassle of releasing any type of sensitive information that you don't want to. When people say bitcoin is not anonymous this is not true. In fact, it can be so secretive that a company you join won't have access to any of your information or transactional records. This is different when you go to a job and you give them your Social Security number, your name, your address, and a whole bunch of paper work releasing personal information and records. All of this stuff is designed to keep track of you and your finances while on earth. Now there is a system out there that you can actually generate an income without people knowing who you are, which is pretty neat. And all you need is a computer, some bitcoin mining equipment, and the bitcoin QT software downloaded on your computer and you can begin to generate digital currency that everybody is talking about now.

Introduction To Bitcoin And Its Advantages

Bitcoin is one of the most versatile currencies available. Some of its uses include trading bitcoins, binary options, and foreign exchange t...