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alt247-blog · 5 years
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Trading Tips to Survive in a Bear Market
The most important thing in a bear market is NOT TO LOSE MONEY and this you can do in many ways. One is by setting a downfall limit. You have to be sensible, practical and intelligent to survive in the highly volatile bear market.
You have to anticipate the next trend and whether the market will go up or down. Thus, you need to create a downfall limit, exit at that point, and you should make the best of the gains when they come and not be greedy for higher returns or else you will lose your opportunity to make money
ALT 247 is the best online trading platform, which deals in all kinds of digital cryptocurrencies. For dealing in cryptocurrencies, visit the ALT 247 website now.
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These are some tips to survive in the Bear Market:
MOST IMPORTANT-TO STOP LOSSES BEFORE THE MARKET CRASHES
Once you notice that the market is going down and you are losing money then you should keep a point of withdrawal, which is close to the price at which you bought the stock. You should not lose the money and if you see a downward trend then you should withdraw before it’s too late or else your capital will become stuck and you will suffer a significant loss of investments
  DON’T BE TOO GREEDY-EXIT AT A POSITIVE TREND
Many times the market heads north continuously for days and then it becomes challenging to sell the stock as you think that the market will give you much higher return and you keep postponing the selling of the stock.
Beware of this kind of attitude and exit when you have made a decent gain so that you can maximize profits, minimize losses, and capitalize on the positive trend, which might or might not continue.
HAVE AN EXPERT COMMUNITY SUPPORTING YOU
You have to understand that you will not make significant profits without using the information and getting insights from a team of experts and thus you should subscribe to a community to maximize profits and minimize losses. You need to have the market news and take the help of technology like bots and a team of analysts, only then can you succeed.
Thus by following these simple steps you can make the best of your investment, maximize your profits, and minimize losses by exiting and entering the market at the right and critical turnaround time.
ABOUT ALT 247
ALT 247 is the largest crypto currency-trading platform dealing in CFD’s. Typically, the CFD platform as explained before – Contract for Differences Platform- lets you speculate and leverage on the prices of financial assets like equities and liabilities.
Traders can take a long or short position on this platform and make money. The principles of this exchange are very similar to those followed in Stock Market platforms.
The ALT 247 platform is revolutionary in the sense that you can use cryptocurrencies to speculate and take positions in the Financial Markets. And We are not Just talking About trading in Bitcoins; you can use Altcoins, Litecoins, Ethereum or any of the 188 cryptocurrencies that we offer on our Platform to conduct your financial transactions.
The procedure for trading on ALT 247 is actually is actually even more straightforward than it sounds. For e.g., you are looking to trade with Bitcoins. So use your Bitcoin and exchange it with the US dollar on our platform (we offer best-in-the-market conversion rates), and later trade in that in the currency. Once the transaction is done, convert your dollars into Bitcoins and withdraw it back to your account.
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alt247-blog · 5 years
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alt247-blog · 5 years
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alt247-blog · 5 years
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How Does a Cryptocurrency Exchange Work?
A cryptocurrency exchange is in many ways similar to a stock exchange the only difference being that while a stock market is used for buying and selling of shares and debentures a crypto exchange is used to buy and sell cryptocurrency.
Nowadays many exchanges have come up and they charge a small fee as commission and also a withdrawal fee if you withdraw money from your account.
Cryptocurrency is definitely the future of money as the entire world is going digital and in the coming future, cryptocurrency is definitely going to play a significant role in finance and economics and also trade across the world.
ALT 247 is the best online platform to deal in all kinds of digital cryptocurrencies. For dealing in cryptocurrencies visit the ALT 247 website now.
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This is how a cryptocurrency exchange works:
Cryptocurrency Exchange facilitates exchanging one cryptocurrency for another and also buying and selling of coins and also the exchange of fiat money into cryptocurrency.
These exchanges determine and set rates of the currencies which include coins and tokens. The rates of cryptocurrencies depend on the initiatives of the buyers and seller and also there are many other factors which come into play in determining and affecting the price.
There are many various types of crypto exchanges and they may have different functions and options.
There are some specific exchanges which are primarily for traders and there are others created for swift and prompt crypto-fiat exchange.
The crypto exchanges which are designed for regular traders enable them to acquire and dispose of crypto with a significantly lower commission fee than other crypto-fiat exchanges.
If you withdraw money from your account there is a fee imposed by the trading platforms on you
The working of a crypto exchange is very similar to a stock exchange but the difference and variance are that in a stock exchange traders deal in shares or derivatives to profit from their changing rates when in crypto exchanges cryptocurrency is used by traders to benefit from the highly volatile cryptocurrency rates.
Thus cryptocurrency is definitely the way forward and will soon become the new currency as more and more people are dealing with crypto and are buying and selling goods and services through it. It is easier to use and the dynamics make trading in them profitable and thus it is becoming more and more popular by the day.
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alt247-blog · 5 years
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alt247-blog · 5 years
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alt247-blog · 5 years
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The key to massive innovation in Cryptocurrency
Today there are massive innovations which are happening across domains and cryptocurrency is a big part of that metamorphosis. Be it advertising, Banking or computing everything is evolving and changing for the good all thanks to cryptocurrency.
ALT 247 is the best online platform to deal in all kinds of digital cryptocurrencies. For dealing in cryptocurrencies visit the ALT 247 website now.
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Here are certain ways in which cryptocurrency platforms are helping in changing industries across the domain.
   DECENTRALISED COMPUTING
Computing has become an integral and essential part of our daily life. Technology is superb but it takes a million hands and brains behind the scenes to keep it running and going correctly.
Many platforms like Ethereum, Cardano, NEO, and EOS are all competing and trying to become the number one platform and infrastructure level for decentralized applications. These platforms are similar to the internet as they hook all things up so that brands and companies can then launch apps on top of them.
Today the race is on in full swing. Now, each organization and technology has weaknesses and strengths but till now the platform that is the most popular is Ethreum which is followed by Waves, NEO, Omni, and the others.
     BANKING
Banking is a slow-moving industry. Opening a bank usually costs millions of dollars and on top of that creating applications is challenging. Because of the regulations and bureaucracy opening a bank is very expensive and a slow process.
FortySeven is aiming to correct that flaw through creating the infrastructure level. FortySeven is currently engaged with the FCA in the UK to lay the foundations thus enabling developers to build applications and disrupt the banking industry.
A recent launch has been the development of a Multi-Asset Account which is working in the EU to aggregate crypto wallets, investments, and all bank accounts into one easily accessible place.
    ADVERTISING
GOOGLE and FACEBOOK are currently the major players in the rapidly growing digital advertising domain accounting for more than 70 percent of digital advertising share in the US.
Digital Advertising is a rapidly growing industry and Blockchain would undoubtedly be the way forward.
Users, advertisers, and publishers can connect on a common platform called BAT. The focus is on reducing the expenses and data usage including battery life that users use to connect with advertisers and view ads. This will also help publishers so that they can stop losing money on Facebook and Google.
Tokens are issued to the publishers based on what users are actually viewing and BAT measures the user’s attention. Users can also gain by getting tokens in return for viewing advertisements thus they get paid for looking at ads. This is disrupting the digital advertising industry.
Thus as we are seeing there is the massive change happening across industries due to cryptocurrency and everyone has their fingers crossed hoping that cryptocurrency platforms will change the world for the better making it decentralized and more accessible to survive and live in.
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alt247-blog · 6 years
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alt247-blog · 6 years
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alt247-blog · 6 years
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The Five Keys to Crypto Evolution
Cryptocurrency is definitely the future of currency and there are many evolutions taking place with crypto and many more tweaks are there which need to be sorted out.
ALT 247 is the best online platform to deal in all kinds of digital cryptocurrencies. For dealing in cryptocurrencies visit the ALT 247 website now.
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These are the top 5 keys to crypto evolution today:
     ELIMINATING CHOAK POINTS
EXCHANGE and MINING are the two major choke points in cryptocurrency today. Mining today burns an absurd amount of energy. Even those cryptos who keep mining decentralized are facing the issues of eating into the limiting world energy capacity. There have been efforts of registering miners and banning large-scale farms but that has not worked till now.
The second problem is the Exchanges. More and more hackers are attacking exchanges. The need of the hour is decentralized exchanges and even though exchanges are run by individuals they need a massive web infrastructure to sustain and thus exchanges are the second choke point for cryptos.
    SCALING
Scaling is a genuine problem being faced by cryptocurrency today. Today everyone is realizing that by connecting to more servers you can only increase security and not capacity and thus as decentralized consensus technology is at its nascent stage surely some solution to scaling will come up soon. The lightening network is running on beta and improving by the day and many think that this can lead to better more efficient scaling.
      DISTRIBUTION
The best way to improve a new financial currency system is to change the way we distribute money. Money should be distributed to individuals on the network who contribute substantially to the network and the distribution system.
The reasons for doing this are that crypto will become free of choke points and will become an independent financial ecosystem where you will not have to use the paper money anymore.
     BEYOND THE WEB
To transcend the net, MUSH networks are the future. Communication platforms need a secure end to end encryption so that no one can spy on you. Meshes will help us away and hidden from AI surveillance and that big brother's eye.
     KILLER APP
Killer apps are the need of the hour and are the new way to communicate. Cryptocurrency needs its Netscape moment now. Just dealing with currency is not enough you also need a good interface. The new platform should be safe and secure and should provide privacy to the user. The most important thing is that it should be a pleasure to use and be attractive and comprehensive.
Thus by eliminating the choke points and developing a new interactive platform and also by using mush networks crypto can be taken to the next level and become a significant real-time and online currency which actually transcends the net.
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alt247-blog · 6 years
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Facebook and Crypto: what you need to know for 2019
Facebook has always been one step ahead of the competition and even its CEO made an announcement in Jan this year that Facebook is seriously looking at cryptocurrencies. Every time facebook goes into a new market it does so by acquiring companies and brands. We saw this with WhatsApp and Friend Feed and also with Instagram. Now the question is which companies or coins will Facebook acquire to enter the crypto domain.
ALT 247 is the best online platform to deal in all kinds of digital cryptocurrencies. For dealing in cryptocurrencies visit the ALT 247 website now.
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These are some areas and acquisitions that Facebook might consider:
·         FACEBOOK CAN CREATE YOUR FINANCIAL IDENTITY
Facebook is your identity on the net and now Facebook is considering becoming your financial identity on the net too if, it starts with a cryptocurrency.
Today apps like Tinder require you to login through Facebook so that to get assurance that you are a real person and similarly Facebook is considering acquiring Bloom which will help them with the financial credential of the customer and in the future you can do insurance, mortgage, loans and payments through Facebook as Facebook will become your financial identity and digital bank account
·         FACEBOOK CAN START PAYING USERS FOR CONTENT
The next big thing is that Facebook can start paying their users for good quality content. A super like a button can be added to show that you care. You will also be able to send money and buy and sell through Facebook.
Facebook is also considering adopting Stem, which is an online community, which rewards customers and helps them monetize their content.
·         INCREASING TRANSPARENCY AND TRUST
As the next step in their evolution, Facebook wants to increase authenticity and transparency to build trust and win of the users. My tax is one solution which Facebook might consider. MetaX is using Blockchain to reduce fraud and increase transparency in the advertising and marketing industry.
As Facebook evolves it can extensively benefit from this company and take over as it will be able to block fake news and ads and become more transparent and trust worthy.
Thus crypto is the future and there are no two ways about it and Facebook is doing all it can to take advantage of this opportunity and expand its business frontiers.
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alt247-blog · 6 years
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alt247-blog · 6 years
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alt247-blog · 6 years
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The importance of crypto currencies in an increasingly globalized world
With the digital revolution, the world has changed dramatically and the entire world has become one big global community. Cryptocurrency is the next big thing on the internet as they help individuals in many different ways like reducing the cost of currency exchange, ease of transaction and many more.
ALT 247 is the best online platform to deal in all kinds of digital cryptocurrencies. For dealing in cryptocurrencies, visit the ALT 247 website now.
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These are some points, which point out the importance of cryptocurrencies in an increasingly globalized world:
       CURRENCY CONVERSION COST REDUCED
If you transact, buy and sell through cryptocurrency there is no money lost in currency conversion. The same cryptocurrency is used throughout the world and you will save lots of your money by buying and selling products and services especially from foreign buyers.
     REDUCED COST OF SHIPMENT
With cryptocurrencies, the shipment cost to different countries is significantly discounted. There are some charges though, but they are much much less than what you would pay in national currencies or dollars. This is a great benefit and is motivating more and more people to transact in cryptocurrency especially for international transactions.
     EASY NEGOTIATIONS
If you want to carry out a standard transaction, you will need to open an account in a bank and then deal with your customers by purchasing and selling goods for currency. However, with cryptocurrency things are different-you can negotiate online and the seller will send the documents to the exchange and within days you will get the bitcoins and cryptocurrency in your wallet through which you can buy or sell.
       EASE IN INTERNATIONAL BUSINESS TRANSACTIONS
Traditional currency needs to be traded and converted and thus there is a cost involved as the valuation of currencies is different. The difference with cryptocurrency is that it helps ease international business as bitcoins are traded beyond boundaries and all transactions happen online.
       INDEPENDENTLY CARRIED OUT TRANSACTIONS
Cryptocurrency is not dependent on any bank or government. The transactions are decentralized. The transactions are much more independent as compared to traditional transactions and thus are more accessible to carry out.
Thus because of all these advantages, cryptocurrencies are becoming more and more relevant in today’s globalized world. The world is changing dramatically and so is the cryptocurrency and digital finance world changing too. 
ABOUT US
ALT 247 is the largest cryptocurrency trading platform dealing in CFD’s. Typically, the CFD platform as explained before – Contract for Differences Platform- lets you speculate and leverage on the prices of financial assets like equities and liabilities.
The ALT 247 platform is revolutionary in the sense that you can use cryptocurrencies to speculate and take positions in the Financial Markets. And We are not Just talking About trading in Bitcoins; you can use Altcoins, Litecoins, Ethereum or any of the 188 cryptocurrencies that we offer on our Platform to conduct your financial transactions.
The procedure for trading on ALT 247 is actually is actually even more straightforward than it sounds. For e.g., you are looking to trade with Bitcoins. So use your Bitcoin and exchange it with the US dollar on our platform (we offer best-in-the-market conversion rates), and later trade in that in the currency. Once the transaction is done, convert your dollars into Bitcoins and withdraw it back to your account.
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alt247-blog · 6 years
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How to Make Money from Trading Cryptocurrency
The sudden rise of cryptocurrencies has taken the financial world by storm. There is no doubt that dealings in cryptocurrencies are the future and every individual wants to make the most of the opportunity and earn from trading in cryptocurrency.
ALT 247 is one of the best online platforms to deal in all kinds of digital cryptocurrencies. For dealing in cryptocurrencies visit the ALT 247 website now.
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These are some ways to make money from trading in cryptocurrencies:
      BUYING AND TRADING IN CRYPTOCURRENCY
The best and easiest way of making money from cryptocurrency is to buy it through a reputable medium and then hold on to them until the price appreciates. Then if you think that you have made enough profit then you can sell those bitcoins and earn a profit.
You need to have a reputed exchange where you buy and sell cryptocurrencies and only then can you successfully make a serious profit from cryptocurrency.
     ACCEPTING CRYPTOCURRENCY AS PAYMENT
If you are into business then you can sell your products and services for cryptocurrency in return. The payment thus is made through cryptocurrency and you need a digital wallet to buy and sell in cryptocurrency. The wallet will charge a fee for their services.
Also, you can buy products and services through cryptocurrency where you can pay in Bitcoins and thus can churn out a serious profit.
The challenge is to find enough buyers who are willing to trade in cryptocurrency as they are not very easy to come by. But if you are able to transact through cryptocurrency then you can make a great deal of money.
     MINE YOUR OWN CRYPTOCURRENCY
Another way of earning money from cryptocurrency is to mine your own bitcoins. This is easier said than done as you need in-depth technical and financial knowledge for mining bitcoins. Also, there are many miners already there and it is difficult to compete with the big players. You also need to be a computer pro and know all about software and coding.
You should also have lots of graphics cards and infrastructure for your cryptocurrency to be successful as this is not child’s play. You will also need a continuous supply of electricity and the real challenge is to buy and sell them on exchanges.
ABOUT US
ALT 247 is the largest cryptocurrency trading platform dealing in CFD’s. Typically, the CFD platform as explained before – Contract for Differences Platform- lets you speculate and leverage on the prices of financial assets like equities and liabilities.
The ALT 247 platform is revolutionary in this sense that you can use cryptocurrencies to speculate and take positions in the Financial Markets. And We are not Just talking About trading in Bitcoins; you can use Altcoins, Litecoins, Ethereum or any of the 188 cryptocurrencies that we offer on our Platform to conduct your financial transactions.
The procedure for trading on ALT 247 is actually is actually even more straightforward than it sounds. For e.g., you’re looking to trade with Bitcoins. So use your Bitcoin and exchange it with the US dollar on our platform (we offer best-in-the-market conversion rates), and later trade in that in the currency. Once the transaction is done, convert your dollars into Bitcoins and withdraw it back to your account.
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alt247-blog · 6 years
Text
About Us
ALT 247 is the largest cryptocurrency trading platform dealing in CFD’s. Typically, the CFD platform as explained before – Contract for Differences Platform- lets you speculate and leverage on the prices of financial assets like equities and liabilities.
Traders can take a long or short position on this platform and make money. The principles of this exchange are very similar to those followed in Stock Market platforms.
The ALT 247 platform is revolutionary in this sense that you can use cryptocurrencies to speculate and take positions in the Financial Markets. And We are not Just talking About trading in Bitcoins; you can use Altcoins, Litecoins, Ethereum or any of the 188 cryptocurrencies that we offer on our Platform to conduct your financial transactions.
The procedure for trading on ALT 247 is actually is actually even more straightforward than it sounds. For e.g., you’re looking to trade with Bitcoins. So use your Bitcoin and exchange it with the US dollar on our platform (we offer best-in-the-market conversion rates), and later trade in that in the currency. Once the transaction is done, convert your dollars into Bitcoins and withdraw it back to your account.
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