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The Boom in Crytocurrency and the Result

The cryptocurrency trade is today, in 2017, in full swing around the world. Since the spring of 2017, the cryptocurrency market has seen an incredible increase, for example: the price of bitcoin has increased by nearly 300%, the price of the ethereum has increased almost 30 times, and dash has saw its value grow by 16.5 times.

A few years ago, users placed orders to buy or sell when the cryptocurrency fluctuated by a few dollars, but today, the price of a cryptocurrency is likely to increase or decrease by hundreds of dollars per day. Profits and losses seem more dramatic than ever. However, users will still have the opportunity to take advantage of the fluctuation in the price of cryptocurrencies, but with caution.

  1. Find the average price:

Choose a cryptocurrency that you want to trade. Then divide the amount to be invested into several equal parts and buy the cryptocurrency that interests you every two weeks. Remember, it is important that each share is equal; otherwise you will not be able to find the average price.For more on this visit https://www.amarkets.com/daily-analytics/.

Soon you will be able to determine the average price of the cryptocurrency you have chosen. Maybe it will not be a perfect price, but using such a system, you will determine an average price of cryptocurrency on the market. This is a rather conservative approach to trading.

  1. Pay attention to volatility:

The average volatility of a cryptocurrency is much higher than the volatility of traditional financial assets. This gives us good potential to get a better profit. However, there is also a risk of seeing a deep retracement before the price takes the desired direction.

Thus, it is worth limiting potential trading losses by setting a low limit. And it is very important to calculate the right level. In the case of cryptographic currencies, the daily fluctuation of the percentage points must not exceed three times.

  1. When it drops, it drops:

As statedabove, crypto-currency flows happens to beusually massive and able to reach up to 75% evaluated to the earlier growth trend, since for the ethereum. Bitcoin has been less volatile lately – a correction may be 30 to 50%, while Litecoin may lose up to 60% when it is bearish.

But it is also for these reasons that crypto-currencies are very attractive for users because they are able to recover their value very quickly. As recent history indicates, such events can occur 1 to 3 times a year.

  1. Seasonal Cryptocurrencies:

Strange as it may seem, the story from 2011 to 2017 shows that from the end of February to the end of August, bitcoin remains mainly in a downtrend, and from September to December, it is generally on an uptrend. This is probably related to the increase in commercial activity after the summer and ICO launches.

The True Essence of Perfection with the best Start Ups

Do you want to become rich? This is a common desire. It requires strength and understanding, than so special you can help other people. Before you start your own business you need to make sure that you are ready to work hard to achieve your dreams. Here are 15 wise tips from entrepreneurs who have been successful. These are the Tips for Entrepreneurs that you need to know now.

Spend less than you earn

“My best advice is for those who want to get rich quick, not to spend more money than you really need. As soon as you save enough money, start your own business.

Take higher

Small profits are not an obstacle to success. If your business is attractive, then there will definitely be investors. Do not expect big money immediately, gradually increase the speed.

Help people

If you have talents, experience and passion – share them with the world. You can make a living if you are willing to spend the time and skills to improve the lives of others. Well, or you can just tell others about what you are doing to be successful.

Believe that you are qualified

Do not compare yourself with others and do not worry that in some matters you are not as good as others. If people ask for your advice or service, ask for a competitive price for it. Do not forget that you always need to learn and grow.

Do not buy a house

While owning a big house is a dream for many people, an entrepreneurial image means less and less life in one place. Instead of paying a loan for a long time, it is wiser to rent a home, and free money to invest.

Choose a focus on interest-based work.

To tune in to success, start your business in the direction that you are passionate about. Entrepreneurship is hard work that takes a lot of time. You cannot succeed if the soul does not lie in the chosen case. If you choose a favorite direction, then the chances of earning significantly increase.

Solve problems

There must be a market for your product or service. Make sure you offer exactly what customers need. If someone is already working in your direction, strive to do it better.

Write a financial plan

How are you going to reach your goal to become rich? What tasks should you solve along the way? Sit down and write your plan on paper. Set priorities, specify the deadlines for implementation, possible difficulties, taxes, etc. everything that applies to your situation.

Improve your credit history

Having a good credit history, you can increase the turnover of your business at the expense of new loans. If you had difficulties with returning past debts, then you may not be given a new loan or offer a high interest rate. To maintain a credit history in good condition is sufficient return debts on time and periodically check your credit score to avoid problems.

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