Can I create my own cryptocurrency?

To be in a position to make your own cryptocurrency, here are some things to follow.

Build a Blockchain

The first step towards creating the best cryptocurrency is building a blockchain. Blockchain technology is the backdrop and every cryptocurrency you see in the world today. The blockchain contains the details of each cryptocurrency.

It is a book that shows the background of every cryptocurrency you have. It also shows more details about who owned cryptocurrency coins before you. The best cryptocurrencies have very effective blockchain technology.

Code

All the software you see on the internet is made of code. The same is true with cryptocurrencies. Fortunately, most cryptocurrencies are made using the same code. Basically, cryptocurrencies are made using C ++ code. You can upload all the codes you need to GitHub and use them to create your cryptocurrency. However, the code will differ from your specifics. If your blockchain is longer and faster, you need to add programs for it. In general, programs can vary from one week to several months when a blockchain is created.

In order to create the best cryptocurrency, it is necessary to ensure that it has set the highest level of security to be monitored. There are hackers everywhere and it is always your role to alienate hackers. One powerful tool used to alienate hackers is the use of private and public keys. This is because each key is generated from the previous key. Through the use of cryptography, every key can be tracked from the first transaction ever made.

You should also make sure that you create a pool of miners. For a stable cryptocurrency like bitcoin? anyone can be a miner. The miner does two things.

-Creates a crypto coin

-Certifies the authenticity of the cryptocurrency.

You need to form a standard way to create and authenticate your cryptocurrency.

Access the needs of the market

Many cryptocurrency experts say the most important part is access to market needs. You should be careful and observe what other cryptocurrencies do not offer and offer them yourself. If we look at the largest cryptocurrency on the market, bitcoin today.

It was formed to bring a faster transaction in the online world. Bitcoin also gained great recognition because it could hide the identity of the user. They remained anonymous, but a legal transaction could still be made. These are the most important parts to consider when creating a cryptocurrency.

To create a very successful cryptocurrency, you need to make sure that you are able to place your cryptocurrency correctly. This means going to merchants and asking them to accept your cryptocurrency as their payment method. These are generally some of the best ways to create cryptocurrencies.

“Experts” get everything wrong with Crypto

Bitcoin peaked about a month ago on December 17, reaching almost $ 20,000. As I write, cryptocurrency is less than $ 11,000 … about 45% loss. It’s more than that $ 150 billion lost market capital.

In crypto-commenting, show a lot of handshake կր gnashing of teeth. It’s a no-brainer, but I think the ‘I-you-yes’ crowd has an advantage over the ‘justifiers’.

Here is what it is. If you just did not lose your shirt with bitcoin, it does not matter at all. And it is likely that the “experts” you can see in the press do not say why.

In fact, the bitcoin crash is wonderful … because it means we can all stop thinking about cryptocurrencies altogether.

The death of Bitcoin …

In about a year, people will not talk about bitcoin in the grocery store or on the bus as they do now. This is why.

Bitcoin is the result of a justified disappointment. Its designer has openly said that cryptocurrency is a response to the government’s misuse of fiat currencies such as the dollar or the euro. It was supposed to provide an independent, equitable payment system based on virtual currency that could not be devalued as their numbers were limited.

That dream has long been in vain in favor of raw speculation. Ironically, most people care about bitcoin because it seems like an easy way to get more fiat currency. They do not own it because they want to buy pizza or gas with it.

Aside from the fact that the success of bitcoin as a speculative game for scoring electronically, which is torturously slow, it has made it useless as a currency. Why should anyone spend it if it is valued so quickly? Who will accept one when it is rapidly depreciating?

Bitcoin is also a major source of pollution. Only one transaction requires 351 kilowatt-hours of electricity, which emits 172 kg of carbon dioxide into the atmosphere. That’s enough to provide one US household per year. To date, the power consumed by all bitcoin mining can supply power to nearly 4 million US households a year.

Paradoxically, the success of bitcoin as an antique speculative game – not its intended liberal uses, has come under pressure from the government.

China, South Korea, Germany, Switzerland, and France have applied or are considering banning or restricting bitcoin trading. Several intergovernmental organizations have called for concerted action to curb the apparent bubble. The US Securities and Exchange Commission, which at one time thought it was likely to approve bitcoin-based financial derivatives, now seems to be fluctuating.

And according to Investing.com, “The European Union enforces stricter rules to prevent money laundering and terrorist financing on virtual currency platforms.” It also examines the limitations of trading cryptocurrencies. ”

One day we may see a functional, widely accepted cryptocurrency, but it will not be bitcoin.

… But an incentive for cryptocurrencies

Good. Leaving Bitcoin allows us to see where the true value of crypto assets is. Here is how.

You need tokens to use the New York subway system. You can not use them to buy anything else … though you could sell them to someone who wants to use the subway more than you do.

In fact, if the subway tokens had a limited supply, they could have a lively market. They can even trade at a much higher price than the original cost. It all depends on how many people there are wish to use the subway.

This is, in a word, the most promising “cryptocurrencies” scenario, apart from bitcoin. They are not money, they are money signs: – “crypto-tokens”, if you will. They are not used as a common currency. They are only good on the platform they are designed for.

If these platforms provide valuable services, people will want those crypto-tokens և it will determine their price. In other words, crypto-tokens will be valuable as long as people value the things you can get for them from their nearby platform.

It will make them real assets, with: intrinsic value – because they can be used to buy something valuable for people. This means that you can reliably expect revenue or service flows from owning such crypto-tokens. Critically, you can measure that future return on a crypto-token price, just as we do when calculating a stock price-to-earnings ratio (P / E).

Bitcoin, on the other hand, has no intrinsic value. It has only a price, the price set by the supply and demand. It can not generate future revenue streams, և you can not measure something like the P / E ratio for it.

One day it will be worthless because it gives you nothing real.

Air և Other crypto assets are the future

Crypto-token Ether definitely it seems like currency. It is traded on cryptocurrency exchanges under the code ETH. Its symbol is the Greek capital letter Xi. It is mined in a bitcoin-like (but less energy-intensive) process.

But ether is not a currency. Its designers describe it as “fuel for running the Ethereum distributed application platform.” It’s a form of payment made to machines that perform the actions required by the platform’s customers. ”

Air signals allow you to access one of the most complex distributed computer networks in the world. It’s so promising that large companies are failing at each other to develop its practical, real-world use.

Because most people who trade it do not really understand or care about its true purpose, the price of ether has skyrocketed in recent weeks.

But eventually the air will return to a stable price based on the demand for computing services that people can “buy”. That price will represent True value which can be evaluated in the future. There will be futures market-exchange funds (ETFs) for that, as everyone will be able to estimate the underlying value over time. Just like we do with stocks.

What will be the value? I have no idea. But I know it’s going to be a lot more than bitcoin.

My advice is to get rid of your bitcoin and buy airtime next fall.

Cryptocurrency vs fiat currency

Cryptocurrencies vs fiat currencies

Are you aware of fiat currencies and cryptocurrencies? Both are currencies in one form or another and they are open for public use all over the world. But they are both different and distinct in their own way. There is always one group that prefers to use cryptocurrencies, while the other group has a soft corner for fiat currencies.

In a cashless society – crypto money plays a big role

If you take a look at the market in the seventies and eighties, you will find that money played the dominant role. But with the change in technology, electronic transactions have become the norm. Today, more and more people are affected to become a cashless society. With the progress towards a cashless society, cryptocurrencies are playing a huge role.

Cryptocurrency and fiat currency are always at odds

Cryptocurrencies and fiat currencies are popular types of digital currencies, especially when it comes to an online transaction. Both are currencies currently used in the market but there are some differences between them. There are a lot of hypotheses that you will hear on a daily basis comparing cryptocurrency and fiat money. This article will highlight the difference between the two in a more comprehensive and clear manner.

Differentiate what currencies represent

Before looking for the difference between the two, you should understand what they represent and how they are defined.

Paper currency is a legal tender that has the support of the central government, and operates in physical form. For example, US dollar, British pound, Euro, etc. On the other hand, cryptocurrency is illegal tender, and it has no backup from the central government or the bank.

Hence, he notes the difference between cryptocurrency and fiat currency as follows:

• Cryptocurrencies are decentralized and global in nature. There is no single entity or government that controls the currency with its own laws and regulations. A centralized fiat currency, under the control of bank and government laws and regulations.

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

• There is a limited supply of cryptocurrencies with the maximum range available in the market. Whereas, paper money has an unlimited supply as the government and the bank have the right to produce coins and paper money whenever the situation is required.

• Bitcoin and other cryptocurrencies are generated by computers, while fiat currencies are issued by local government and banks.

• Cryptocurrencies are offered as public and private ciphers. On the other hand, paper currency is presented in the form of coins and paper money.

• The value of cryptocurrencies is not determined by supply and demand in the market. The value of fiat currency is determined by market regulations of supply and demand.

Different types of cryptocurrencies and fiat currencies

In the past decade, the popularity of cryptocurrencies has emerged as a huge success. That was in 2009, when Bitcoin was first introduced, and years after several other types of cryptocurrency appeared. Starting with Litecoin. Dogecoin, Ripple to Dcash and Zcash, there are quite a few of them. On the other hand, paper currency has rich and ancient roots, with the British pound dating back to 775 AD. It is considered the oldest coin in the world still in use.

Differences in anonymity between the two currencies

When you use fiat currencies, you need to undergo a user identification or verification process. You are requested to upload a recent photo of yourself and some documents required to be issued as per the public authorities. You do not need to undergo any of the required processes with cryptocurrencies. Although your personal information and confidential details are not made public, all your transactions are recorded and tracked in fiat and cryptocurrencies.

Fiat Currency vs. Cryptocurrency: The Level of Transparency

• The level of transparency with cryptocurrencies is more. This is because revenue streams are presented in a generic series. Everyone can witness their own transactions and those of others.

• Fiat or Govt. Coins are not transparent, as there are no public chains to know people’s revenue streams.

Comparing historical roots

If you compare cryptocurrencies to their peer money, fiat or government currencies, you will find that their presence and creation makes all the difference. The Fiat or government currency dates back to its existence as early as 775 AD with the introduction of the British pound. This is the reason why paper type currency is easily accepted by people all over the world.

On the other hand, cryptocurrency was probably first introduced only a decade ago, with the introduction of Bitcoin in 2009. The challenge for Bitcoin and other cryptocurrencies is to catch up with the massive popularity and increase the fan base of fiat currency. There is no doubt that cryptocurrency is gaining importance and popularity in the economic market, but it has not been widely accepted in society as a fiat currency.

Comparative history of the two currencies:

• It was in the eleventh century, when the Chinese Song dynasty was probably the first to issue paper money. It is not permissible to exchange valuables such as gold, silver and silk.

• There was a tali stick that was introduced as official or government currency. 1,100 Tally Sticks were introduced as a fight against the shortage of gold.

• 1971, the year in which paper currency gained worldwide recognition. It was introduced by President Nixon in order to eliminate the dollar-gold peg.

• It was in 1998, when the idea of ​​an anonymous electronic cash system came out by Wei Dai. Bitgold – The first cryptocurrency created by Nick Szabo, but it did not receive as much attention as Bitcoin.

• In 2009, Bitcoin was put on the market, which became the first cryptocurrency to be accepted worldwide. In 2011 and onwards, a series of many other cryptocurrencies were introduced. Among the most famous are Litecoin, Dogecoin, Ethereum, Ripple, Zcash, Dash, etc.

Attributes of both currencies

The capabilities of cryptocurrencies and fiat currencies, and access to their attributes is important. You will find that in some parameters, bitcoin and other cryptocurrencies outperform the official or government currency, and in some cases, the latter. It is entirely your call to choose the type of currency (crypto currency or fiat currency type) based on your personal needs and requirements.

Let’s compare their features in relation to certain factors.

• Both cryptocurrencies and fiat currencies are interchangeable in nature.

• According to the portability, both currencies secure more or less the same position.

• Regarding non-consumer criteria, cryptocurrency and fiat currency have equal status.

• Cryptocurrencies have high durability compared to fiat currencies that have a moderate level of durability.

• Both encrypted or virtual currencies and official or government currencies ensure safe and secure transactions and exchanges.

• Crypto or digital currencies are divisible in nature. On the other hand, paper type coins are moderately divisible.

• Regarding the transaction process, cryptocurrency is easy and hassle free. While, on the other hand, the process of withdrawing associated with fiat currencies is easy, but it is not the same as cryptocurrency.

• Cryptocurrencies are decentralized and global in nature, unlike centralized fiat currencies, which operate under government laws and regulations.

• Cryptocurrencies have a high scarcity, as fiat currencies are unlimited as the government can issue coins and paper money whenever the need arises.

• Cryptocurrencies are based on mathematical algorithms, and they are programmable. Fiat currencies are not programmable at all.

• Fiat currencies are of a sovereign nature, while cryptocurrencies are not.

currency work process

You can find the fundamental differences between crypto or digital currencies and fiat currencies by the way they both work and the transaction process that takes place. They are contradictory in nature. Transferring money with Bitcoin is very fast, and you never need any third party link.

On the other hand, if you are engaged in currency exchange using fiat currency, then a mobile wallet is in use. You can exchange an amount of e-money converted into the equal e-value amount. Both fiat and cryptocurrencies enable you to buy whatever you want. But the processes involved are quite different from each other.

Depending on the things you buy, you will find that one form of currency is better than the other. This is definitely your choice.

Is bitcoin, cryptocurrency better than fiat currency?

The long-term benefits and potential of Bitcoin remain unproven. But cryptocurrency gurus and experts have predicted that they will go a long way, especially revolutionizing the way online transactions are done. In the current market, Bitcoin is mainly included in, but not limited to, online casinos and gambling.

Moreover, when comparing fiat currencies, Bitcoin allows you to seize power and authority from banks and the government because it is unregulated. Crypto-based currency has the ability to create or exit capital in the free market. Fiat currencies are affected by inflation and changes in the market, unlike cryptocurrencies. Such aspects make people believe that crypto-based currencies will soon take over the majors and bring about a shift in the way money is used.

Why is Bitcoin a better aspect of fiat currency?

• Bitcoin gives you the opportunity to recreate free market capitalism.

• The power to control money is a right of individuals and not of banks like paper-type currencies.

• When there is inflation, Bitcoin is not affected. But a fiat currency would be easier to lose and be influenced by.

• It is easy to exchange and transfer Bitcoin currency compared to official or government currencies.

• Bitcoin-related transaction fees are much cheaper and more affordable.

Cryptocurrency seems to be a convenient option among people

Fiat currencies are the central and legal way to exchange money. But, cryptocurrencies have gained immense popularity in the past few years. There will never be anyone acting as an intermediary, like the case of banks. Moreover, cryptocurrencies are much cheaper and less expensive than traditional fiat currencies.

Send money anywhere directly without waiting for bank approval

You can send money to anyone in the world directly, and it’s very fast. Funds are cleared within a few minutes. You do not have to wait for the traditional clearing and verification processes of banking systems, which can take several days to get a permit. Since it is decentralized and not subject to government law and regulations, no one has any authority to do anything with your account.

Blockchain technology plays a very big role

Thanks to cryptocurrencies, this gives us the power and authority to become our own bank, and take control of our finances. It is because of the blockchain technology that provides a higher level of sophistication while dealing with finances. In fact, there are some major financial industries that are starting to incorporate the idea of ​​technology.

Why did banks ban the purchase of cryptocurrencies using their credit cards?

The wave of banks that have banned the purchase of cryptocurrencies using their credit cards is growing while Wells Fargo is now included in this type of ban. Numerous other banks, such as Chase, Bank of America, Citigroup and others, are also part of this new trend that restricts the purchase of cryptocurrencies.

It seems that debit cards can still be used to buy cryptocurrencies (check with your bank to be sure of their policies), but the use of credit cards to buy cryptocurrencies has turned around with these banks leading the way in these buying bans, and it probably won’t be long before this ban becomes standard.

Apparently overnight purchases began to be canceled when credit cards were used to buy cryptocurrencies, and people who had never had problems before buying cryptocurrencies with their credit cards began to notice that they were no longer allowed to make these purchases. The culprit is volatility in the cryptocurrency market, and banks do not want people to spend a lot of money that will become a struggle for return if there is a big drop in cryptocurrency, as happened at the beginning of the year.

Of course, these banks will also miss the money they will make when people buy cryptocurrencies and the market is booming, but they have obviously decided that the bad outweighs the good when it comes to gambling with their credit cards. This also protects consumers because it limits their ability to get into financial trouble by using credit to buy something that could leave them with cash and credit poor.

Most investors who used credit cards to buy cryptocurrencies were probably looking for short-term profits, and did not plan to stay in the long run. They hoped to get in and out quickly and then repay the credit cards before high interest rates began. But with the constant volatility of the cryptocurrency market, many who bought, with this plan in mind, found themselves losing a huge amount of assets with the fall of the market. Now they pay interest on lost money, and that is never good. This, of course, was bad news for banks, and caused the current and growing trend of banning the purchase of cryptocurrencies by credit cards.

The lesson here is that you should never maximize your credit line for investing in cryptocurrencies, but only use a percentage of your solid assets to buy cryptocurrencies. These funds should be funds that you can lock in the long run without harming your budget.

So, don’t get caught putting money into the cryptocurrency that you will soon need just to find out that the crisis has taken money out of your pocket. There’s an old saying that goes, “Don’t gamble with money you can’t afford to lose,” and that’s a lesson banks want people to learn as they embark on this new investment limit.

Market chaos may be your last warning

I’m not surprised by the recent market downturn.

I have seen record growth among individual investors in the past, while the big players were cautious.

“Warning signs are starting to accumulate, it is not a bad idea to take some money from the table,” I wrote.

I hope you did. But what about now?

Well, I hate to say that, but – after falling more than 2,500 points on the Dow, many of them in the last four trading sessions, it’s a little late to turn into a new super bear on the market.

Is the downturn a potential “ominous sign” of the 2018 stock market downturn? Absolutely.

Can the market decline further in the coming days? Of course.

But for almost three decades, as an investor, a former market journalist, I have not yet seen the raging bull market, as we have felt, end in a “complete standstill”, constantly sinking from the centuries-old rock. style Wile E. Coyote.

Red flag of the 2018 stock market crash?

  • Still in 2000 In March, the S&P 500 fell 11% in just a few days as the dot-com boom ended. But just five months later, it reached a milestone, setting a new milestone in history.

  • In July 2007, the S&P 500 grew by 10% year-on-year. The sharp sell-off returned all those gains by August. However, in October, the index rose again, setting a new all-time high.

So do not think about current actions that say: “Get out of the market now.” Chances are, you’ll probably have a second, better chance of doing it somewhere down the road before the market crash.

Instead, think of these as actions that you must take on a regular basis.

This is a red flag for interest rates, market risks, the need to move your portfolio to value-added investments that can withstand or benefit from higher interest rates.

This is why. Over the past decade (indeed, over the last three decades) we have come to realize that interest rates are only going in one direction – low, low, still low.

During that time, we observed that the cost of borrowing (as measured by the benchmark 10-year treasury bill) dropped from 15% in 1980 to 1.36% in July 2016, the lowest level ever.

But here is the thing. Over the past 18 months, the cost of the same loan has almost doubled to 2.85% in the last week.

It has huge consequences for the shares.

For example, right now the average dividend yield on the S&P 500 is 1.85%. But that comes with the risk of losing your investment (as we all recalled last week).

Or … you can have your money-free, guaranteed return plus interest right now if you buy a 10-year treasury bill with a 2.85% yield.

That is why the increase of interest rates is a big problem in 2018.

To have a decent return on equity risk, we need to look at the S&P 500 dividend yield, which is much higher.

It will not be overnight. This will be a long process of adjustment for the overall market. But there is no better time than now to start revaluing your stocks, stocks E stock exchanges (ETFs). Until the stock market slump in 2018, you can gradually move your investments where there is better value – higher dividend yields.

Cryptocurrency volatility, profitable roller coaster

This year we can see that cryptocurrencies tend to go up and down even by 15% of their value on a daily basis. Such price changes are known as volatility. But what if … this is completely normal and sudden changes are one of the characteristics of cryptocurrencies that allow you to make good profits?

First of all, cryptocurrencies have hit the mainstream lately, so all the news and rumors about it are “hot”. After every statement by government officials about regulating or banning the cryptocurrency market, we notice huge price movements.

Second, the nature of cryptocurrencies is like a “store of value” (like gold in the past) – many investors consider it a reserve investment option for stocks and physical assets like gold and (conventional) fiat currencies. The speed of conversion also affects the volatility of the cryptocurrency. With the fastest, the conversion takes only a few seconds (up to 1 minute), which makes it an excellent asset for short-term trading, if there is currently no good trend for other asset types.

What everyone should take into account – this speed is also in line with the trends of the age of cryptocurrencies. Whereas normal market trends may last for months or even years – here they happen within days or hours.

This brings us to the next point – although we are talking about a market worth hundreds of billions of US dollars, it is still a very small amount in terms of daily trading volume compared to the traditional currency or stock market. So a single investor making 100 million transactions in the stock market will not cause a significant price change, but on the scale of the cryptocurrency market, this is an important and noticeable transaction.

Since cryptocurrencies are digital assets, they are subject to technical and programmatic updates to cryptocurrency features or the expansion of blockchain cooperation, which makes them more attractive to potential investors (such as the activation of SegWit basically caused the value of Bitcoin to double).

Together, these elements are the reasons why we notice such huge changes in cryptocurrency prices in a matter of hours, days, weeks, etc.

But answering the question from the first paragraph – one of the classic rules of trading is to buy cheap, sell high – so having short but strong trends every day (instead of weak trends lasting weeks or months like stocks) gives much greater chances of making a decent profit If used properly.

Beginner’s Guide: An Introduction to Cryptocurrencies

Introduction: Invest in cryptocurrencies

The first cryptocurrency to emerge was Bitcoin, which was built on Blockchain technology and was probably launched in 2009 by the mysterious person Satoshi Nakamoto. At the time of writing, 17 million bitcoins have been mined, and it is believed that a total of 21 million bitcoins could be mined. The other most popular cryptocurrencies are Ethereum, Litecoin, Ripple, Golem, Civic and Bitcoin hard forks such as Bitcoin Cash and Bitcoin Gold.

Users are advised not to put all their money into one cryptocurrency and try to avoid investing at the peak of the cryptocurrency bubble. It was noticed that the price dropped sharply when it was at the peak of the crypto bubble. Because cryptocurrency is an unstable market, users must invest an amount they can afford to lose because there is no government control over cryptocurrency because it is a decentralized cryptocurrency.

Steve Wozniak, co-founder of Apple, predicted that Bitcoin is real gold and will dominate all currencies like USD, EUR, INR and ASD in the future and become a global currency in the coming years.

Why and why not invest in cryptocurrencies?

Bitcoin was the first cryptocurrency to be created and after that about 1600+ cryptocurrencies were launched with some unique characteristics for each coin.

Some of the reasons I’ve experienced and would like to share, cryptocurrencies are created on a decentralized platform – so users don’t require a third party to transfer cryptocurrency from one destination to another, unlike fiat currency where a user needs a platform like Bank to transfer money from one count on others. Cryptocurrency built on very secure blockchain technology and almost no chance of hacking and stealing your cryptocurrencies until you share some critical information.

You should always avoid buying cryptocurrencies at the peak of the cryptocurrency bubble. Many of us buy cryptocurrencies at their peak in hopes of making money fast and falling victim to hype bubbles and losing their money. It is better for users to do a lot of research before investing money. It is always good to put your money in more cryptocurrencies instead of one because it has been observed that few cryptocurrencies grow more, some on average if other cryptocurrencies go into the red zone.

Cryptocurrencies for focusing

In 2014, Bitcoin holds 90% of the market and other cryptocurrencies hold the remaining 10%. In 2017, Bitcoin still dominates the crypto market, but its share fell sharply from 90% to 38%, and Altcoins like Litecoin, Ethereum, Ripple grew rapidly and occupied most of the market.

Bitcoin still dominates the cryptocurrency market, but it is not the only cryptocurrency you need to consider when investing in cryptocurrencies. Some of the main cryptocurrencies you need to consider:

Bitcoin

Litecoin

Ripple

Ethereum

Throne

Civic

Great

Money

Where and how to buy cryptocurrencies?

Although it was not easy to buy cryptocurrencies a few years ago, users now have many platforms available.

India 2015 has two main bitcoin platforms Unocoin Wallet and Zebpay Wallet where users can buy and sell only bitcoin. Users must buy bitcoin only from the wallet, but not from another person. There was a difference in price in the buying and selling rate and users have to pay some nominal fee to complete their transactions.

In 2017, the cryptocurrency industry grew tremendously, and the price of Bitcoin rose spontaneously, especially in the last six months of 2017, forcing users to look for alternatives to Bitcoin and surpassing 14 lakhs in the Indian market.

How Unodax and Zebpay are the two main platforms in India that dominated the market with 90% market share – dealing only with Bitcoin. This gives other organizations the opportunity to grow with other altcoins and has even forced Unocoin and others to add more currency to their platform.

Unocoin, one of India’s leading cryptocurrency and blockchain companies, has launched an exclusive UnoDAX Exchange platform for its users to trade more cryptocurrencies besides Bitcoin trading in Unocoin. The difference between the two platforms was – Unocion provided instant bitcoin buying and selling only while on UnoDAX users can order any available cryptocurrency and if it matches the recipient, the order will be executed.

Other major exchanges available for cryptocurrency trading in India are Koinex, Coinsecure, Bitbns, WazirX.

Users must open an account in any stock exchange by logging in with an email ID and submitting KYC details. Once their account is verified, you can start trading coins of your choice.

Users need to research well before investing in any coin and not fall into the cryptocurrency bubble trap. Users need to explore the credibility of the exchange, transparency, security features and more.

All stock exchanges charge a nominal fee for each transaction. There are two types of fees – Maker fee and Taker fee. In addition to the transaction fee, you also need to pay a transfer fee if you want to transfer your cryptocurrencies to another exchange office or your private wallet. Fees depend exclusively on coins and exchanges, as different exchange offices have a price difference module for coin transfer.

Major Altcoins other than Bitcoin

As already mentioned, Bitcoin dominates the market with 38% market share, followed by Ripple, Ethereum, Litecoin, Bitcoin Cash. Stock exchanges like UnoDAX, Bitfinex, Kraken, Bitstamp have listed many other coins such as Golem, Civic, Raiden Network, Kyber Network, Basic Attention, 0X, Augur, Monero, Tron and many others. If any of the coins fit your portfolio, you need to buy it.

But you have to put money in the market that you can afford to lose because the cryptocurrency market is very volatile and no government has control over it.

When to buy?

There is no hard and fast rule when buying your favorite cryptocurrency. But market stability needs to be explored. You should not except at the peak of the cryptocurrency bubble or when the price is continuously falling. The best time is always considered when the price is stable at a relatively low level for some time.

Cryptocurrency storage method

Before buying any cryptocurrency, you need to understand how to keep your cryptocurrency safe.

In general, all exchanges provide storage space where you can safely store your coins. You may not share your user data, password, 2FA when holding cryptocurrency on stock exchanges.

Paper Wallet, Hardware Wallet, Software Wallet are some of the channels where you can store your cryptocurrency.

Paper Wallet: Paper wallet is an offline method of cold storage to store your cryptocurrency. It prints your private and public key on a piece of paper where the QR code is also printed. All you need to do is scan the QR code for your future transactions. Why is it safe? You don’t have to worry about hacking your account or attacking any malware. You just need to keep your piece of paper safe in the locker and if possible keep two to three pieces of paper in your wallet under complete control.

Hardware Wallet: A hardware wallet is a physical device on which you keep cryptocurrencies safe. There are many forms of hardware wallet, but the most commonly used hardware wallet is USB. When you keep your cryptocurrency in your hardware wallet, you just need to keep in mind that you should not lose your hardware wallet because once you lose it you cannot get your cryptocurrency back.

One famous incident, where a person mined 7000+ bitcoins and stored them in his hardware wallet and kept it in another hardware wallet. One day he threw away a hardware wallet in which he stored his cryptocurrency instead of damaged hardware and lost all his bitcoin.

What can be bought from cryptocurrencies in India?

Most people assume that buying and selling any cryptocurrency is just for investing and achieving high returns in the long and short term. Influencers and bitcoin investors believe that in the coming years Bitcoin will dominate all fiat currencies and will be accepted as an international currency.

Dell is one of the largest e-commerce companies that accepts bitcoin as a payment. Expedia and UNICEF are other examples.

In India, Sapna Book Mall has accepted bitcoin as a payment using the Unocoin trading service. People booked cinema tickets through BookMyShow or charged their cell phones using the Unocoin platform. According to the report, they have suspended the service, but plan to restart it in the near future.

conclusion:

Cryptocurrency is one of the growing investment sectors and gave better returns than real estate, gold, stock exchanges, etc. in the past. You can buy cryptocurrency and keep it in the long run to get good returns or go for the short term for a quick profit as we have seen many coins grow at 1000% + in the past. Because cryptocurrency is an unstable market and there is no government control over the industry. One must invest the amount in any cryptocurrency he can afford to lose.

You can store your cryptocurrency in a hardware wallet, paper wallet, software wallet if you do not want to keep on the exchange from which you trade.

The shore is not clear. Signs of an impending major stock market crash

Despite the last correction և no matter what popular standard you use. PE, Shiller’s CAPE ratio or Buffett’s Market GDP ratio; This is one of the most expensive markets since 1923. The other two were the markets of 1929 և 2000, և we know how they turned out. By the way, 1923 was the year when the Composite Index, the precursor to the S&P 500, was introduced.

The protocol shows that while stock prices may remain high for a long time, they eventually change to average. This can happen in one of two ways. Either the market fluctuates for a long time until revenue is reached, or there is a sharp decline to bring prices in line with historical PE ratios, which is the opposite of the average. History has shown that investors are not a patient group. They will endure the side market for a while, but in the end they will get tired of the low profitability, they will work their money where they think they will bring more profit potential. As soon as the ball rolls, the market comes out en masse, շուկ there is a brutal bear market. The result. There is a big decline in the market.

The question is, when was the correction of this past a prelude to a great decline? A study of the main bear markets shows that the latter is more likely. Indeed, a review of a market decline of more than 28% since 1923 shows that there is always a prelude to every major bear market. Some people have the wrong impression that stock market crashes are happening at the top of the market. That is far from reality.

The stock market may be volatile, but prudence is good. It always warns us in advance of an impending accident, catching our attention with a sudden drop in our self-satisfaction, allowing us to get out before it crashes seriously. This is shown in the analysis below for each of the following major bear markets (down 28% or more). For the S&P 500 since 1950. Therefore, the Dow Jones Industrial Average closures were used for those markets before that.

2007

The initial market peak of 2007 took place on July 17, when the S&P 500 had the highest current level of 1555.90. The index will fall next week և will eventually fall to և 1370.60 daily low a month later on August 16 – a decline of 11.9%. From now on, all the high and low indicators are up to date, unless otherwise noted. The market will rise for seven weeks to reach the peak of the market on October 11, 2007 with an index of 1576.09, 1.3% higher than its previous high. The initial 5.5% decline was followed by a rapid recovery to October 31, 1552.76, before falling 10.8% to the November 26, 2007 low of 1406.10. The index will be restored to և1523.57 maximum և will continue a number of low low և high till 2009. March 9, 666.79, down 57.7%.

2000

The 2000 market gave many warnings before the fall of Dot.com. Immediately after the opening of the New Year on January 3, the market fell. After reaching a high of 1478, the S&P 500 fell to 1455.22 at the close. Over the next three days, it dropped from 1,400 to 1465.71 in 2000. The highest index of January 20. From there, it fell to the lowest level of 1329.15 on February 25, a decline of 10.1% from the highest level ever. The market finally reached its peak in 2000. March 24 with 1552.87 points. On April 14, it will fall sharply to a low of 1339.40, a 13.7% decline, but then slowly recovered to 1530.09 by 2000. September 1, only 1.5% lower than all its indicators. Then it came down steadily with some sharp declines, followed by rallies, but only downward. The market fell by 775.80 points on October 9, 2002, down 50.1%.

1987

The bear market of 1987 was rapid. After hitting a high of 337.89 on August 25, 1987, the S&P 500 fell to 308.58 on September 8, hitting 8.7%. It recovered rapidly to 328.94 on October 2, only 2.6% lower than its high. It fluctuated below 300 on October 15, before crashing the following Monday, closing at 224.84 points, a 20.5% loss for the day. It would close on December 4, 1987 with 223.92 points, but the low of the movement came the day after the fall, October 20, when it fell to 216.46 for a 36.0% loss from the August high.

1973

This, along with the 1968 bear market, was part of the mega bear market, which spanned the years 1967-1982. The S&P was in the 100 և 110 range for most of the year. It cleared the 110 barrier at the end of the summer, only to return to it by the end of the year, reaching its final growth by the end of the year. It peaked on December 12, 1972 at 119.79 points, then fell 4.3% to 114.63 on December 21, 1972. The New Year raised the index to a peak of 121.74 on January 11, 1973, an increase of 1.6% from the previous highest. It fell rapidly to 111.85 until February 8, then continued to decline, with a number of declines until 1974. Reaching below 60.96 on October 4, 49.9% loss.

1968

After an initial decline at the beginning of the year, the market rose steadily from March to November, finally surpassing December 2, 1968, when the S&P 500 peaked at 109.37. The index fell to 96.63 on January 13, 1969 (down 11.6%), fell below 0.43 points on March 17, and then rose to 106.74 on May 14, 1969. After reaching 2.4%. On May 26, 1970, it dropped to the top with 68.61 points. It was 37.3% haircut.

1962

The stock market was steadily rising from October 1960 to December 1962, when the S&P 500 rose 72.64 points on December 12, 1962. It then fell to 67.55 on January 24, 1963 for a 7.0% loss. The next week the index quickly returned to 70 և the next month recorded a slight increase, finally reaching 71.44 on March 15, down from a high of 1.7%. Then, on June 25, 1962, the index fell to 51.35 points, down 29.3%.

1946

The market has been in decline since the last part of World War II, beginning in 1946. in the same way, gaining 8% by February. The S&P 500’s current high և lows were not available for analysis, so the Dow Jones Industrial Average closure will be used from now on. The Dow Jones closed in 1946. on February 5 with 206.61 points. Then the index fell by 10% and closed on February 26 to 186.02 points. It quickly regained its former peak, surpassing it on horseback until 212.5 in 1946. May 29 – 2.9% growth. from its former height. The bumpy journey continued until August, when the index reached 204.52 on August 13, then fell into disrepair, finally closing on October 9, 1946 at 163.13 for a 23.2% decline. Despite a number of rally attempts, the market would continue to struggle until February 1948, with a maximum loss of 28%.

1937

After a sharp decline from 1929 to 1932, the market seemed to be in recovery mode until it rose in early 1937. The Dow Jones closed at 194.4 on March 10, 1937 to mark the end of the uptrend. Then the index fell for three months until June 14, 1937 to 165.51 points for a loss of 14.9%. It spent the next two months on a steady rise, finally reaching 189.34 on August 16, down 2.6% from its previous high. This was its last speed, when the market fell by 49.1% until 1938. March 31, its 98.95 point, the closing of the Dow Jones.

1929

Like the 2000 market, the Big 29 crash gave many warnings. After reversing in the first half of the year, the market corrected by 10.0%, when it closed at 326.16 Dow Jones from May 6 to 293.42 on May 27. It then rose fearlessly, reaching a market high of 381.17 on September 3. , 1929. It initially fell lower, but then gained momentum until Friday, reaching a low on October 4 at the close of 325.17 Dow Jones closed 14.7%. It made a crazy effort to recover next week, but was only able to rule on October 10 with 352.86. 7.4% below the September high, the lowest percentage close to the previous high in any of the bear markets. Then again, this was the grandfather of all the bears. Ten trading days later, on October 24, the index closed below 300. It fell on Monday, October 28, and again the next day, closing at 230.07. The market continued to decline until 1932. The Dow Jones industrial average fell 41.22 points on July 8, falling a record 89.2%.

Conclusion

Historical records show that every major bear market since 1923 has always warned investors. After reaching the apparent peak, they experienced a significant decline, then rose again, after which they experienced a sharp decline. In both cases, in 2000 և 1929, it issued two warnings. the first corrects months before reaching the peak, and the second after reaching the peak.

After the initial peak, the declines ranged from 14.9% to 4.3%, with an average of 10.8% and an average of 11.6%. In three of the nine cases, in 2007, 1973 և 1946, the second peak was lower than the first. The range was from 7.4% loss to 2.9% growth, with an average of -1.4% -1.7% median. Taking out the emissions of 7.4% in 1929, the average was -0.63% and the average -1.6%. The interval between the two peaks ranged from 30 days to 5.4 months, with an average of 96.7 days and an average of 93 days.

Given the fact that we are in the early stages of a large bear market with a և 10% correction, what can we expect? Examining the data, it turns out that we are average. There seemed to be no connection between the two seasons between the two peaks of the bear market. However, five out of six times the market has undergone a bona fide correction, 10% or more, it took months from 2.9 to 5.4 months for the market to rise and begin to seriously decline. A notable exception was the 1929 crash, which lasted only 37 days between the first “peak seconds”. Although there was no consistent pattern for the depth of the initial decline և the overall decline, it is noteworthy that the four largest initial declines led to a 49% և more decline. which was reached only after a 4.3% decline in the bear market in 1973. . There is no noticeable correlation between the initial decline ակի second peak level and the general decline և second peak level և.

It may be that Morgan Stanley’s prediction this Monday that it may slow down in the second quarter may be correct. We have already risen from -7.4% since 1929, so it seems that this market does not connect well with that one, waiting for the next decisive peak will be measured in months. Regardless, I warn everyone to keep a close eye on market progress. If the S&P 500 gains 2.6% on January 26, or 2898, or 2798, this is your signal to exit the stock market. It’s pointless to be greedy for the last 1 or 2 percent profit, to risk losing a lot more.

Coinbase: Bitcoin Startup Spreads to Capture More Market

The price of Bitcoin soared in 2017. Coinbase, one of the largest cryptocurrency exchanges in the world, was in the right place at the right time to take advantage of the sudden rise in interest. However, Coinbase is not interested in taking its crypto earnings for granted. To stay ahead in a much larger market for cryptocurrencies, the company is reinvesting funds in its master plan. As of 2017, the company had reported revenue of $1 billion and more than $150 billion in assets traded across 20 million customers.

San Francisco-based Coinbase is known as the leading cryptocurrency exchange in the US and with its continued success, it ranked 10th on CNBC Disruptor’s list in 2018 after failing to make the list in the past two years. .

On their way to success, Coinbase has spared no effort in poaching key CEOs from the New York Stock Exchange, Twitter, Facebook and LinkedIn. This year, her full-time engineering team has nearly doubled in size.

Coinbase bought Earn.com in April for $100 million. This platform allows users to send and receive digital currencies while replying to mass market emails and completing small tasks. Currently, the company plans to bring on former venture capitalist Andreessen Horowitz, Earns’ founder and CEO, as its first-ever CTO.

At the current valuation, Coinbase valued itself at around $8 billion when it began buying Earn.Com. This value is well above the $1.6 billion valuation estimated in the last round of venture capital funding in the summer of 2017.

Coinbase declines to comment on its valuation despite the fact that it has more than $225 million in funding from major venture capitalists including Union Square Ventures and Andreessen Horowitz, as well as from the New York Stock Exchange.

To meet the needs of institutional investors, the New York Stock Exchange is planning to start its own cryptocurrency exchange. Nasdaq, a rival to the New York Stock Exchange, is also considering a similar move.

• The competition is coming

As competing organizations look to capitalize on Coinbase’s business, Coinbase is looking at other opportunities for venture capital in an effort to build a moat around the company.

Dan Dolev, a spot analyst at Nomura, said Square, a company run by Twitter CEO Jack Dorsey, could feed into Coinbase’s exchange business because it began trading cryptocurrency on the Square Cash app in January.

According to Dolev’s estimates, Coinbase’s trading fees averaged around 1.8 percent in 2017. These higher fees may drive users to other, cheaper exchanges.

Coinbase is looking to become a one-stop shop for institutional investors while hedging the exchange’s business. To attract the white glove class of investors, the company announced a fleet of new products. This category of investors has been particularly wary of diving into the volatile cryptocurrency market.

Coinbase Prime, Coinbase Institutional Coverage Group, Coinbase Custody and Coinbase Markets are the products launched by the company.

Coinbase feels that there are billions of dollars of institutional money that can be invested in digital currency. It already has a custody of $9 billion in customer assets.

Institutional investors are concerned about security despite knowing that Coinbase has never been hacked like some other global cryptocurrency exchanges. Coinbase’s president and chief operating officer said that the motivation behind launching the custody service on Coinbase last November was the lack of a trusted custodian to protect their crypto assets.

• Wall Street is now switching from Bashing Bit to Cryptocurrency Backer

According to the latest available data from Autonomous Next Wall Street, it appears that interest in cryptocurrencies is on the rise. At the moment, there are 287 crypto hedge funds, while in 2016, there were only 20 crypto hedge funds. Goldman Sachs has even opened a cryptocurrency trading desk.

Coinbase also introduced Coinbase Ventures, an incubator fund for early-stage startups working in the cryptocurrency and blockchain space. Coinbase Ventures has already raised $15 billion in further investments. Its first investment was announced in a startup called Compound which allows one to borrow or lend cryptocurrency while earning an interest rate.

At the beginning of 2018, the company launched Coinbase Commerce, which allows merchants to accept major cryptocurrencies for payment. Another Bitcoin company is BitPlay, which recently raised $40 million in venture funds. Last year, BitPlay processed more than $1 billion in bitcoin payments.

Proponents of blockchain technology believe that in the future, cryptocurrency will be able to eliminate the need for central banking authorities. In the process, you will reduce costs and create a decentralized financial solution.

• Regulatory security remains intense

For keeping access limited to four cryptocurrencies, Coinbase has drawn a lot of criticism. But they must tread carefully as US regulators deliberate on how to monitor certain uses of the technology.

For cryptocurrency exchanges such as Coinbase, what is worrisome is whether cryptocurrencies are securities that fall under the jurisdiction of the SEC. Admittedly, Coinbase has been slow to add new coins because the SEC announced in March that it would enforce security laws on all cryptocurrency exchanges.

The Wall Street Journal reports that Coinbase has met with SEC officials to register itself as a licensed brokerage and electronic trading venue. In such a scenario, it would be easier for Coinbase to support more coins and also comply with the security regulations.

How cryptocurrency trading software helps develop your crypto platform

The cryptocurrency trading software package is an integrated system for managing all aspects of the cryptocurrency trading platform such as all types of buying, selling, exchanging, lending, MLM and affiliate management, conversion, live market comparisons and analysis, etc.

Important features you should consider:

Buy, Sell and Exchange: Nishue is an impressive trading management system that offers a smooth and secure methodology for your customers to effortlessly buy, sell and exchange cryptocurrencies.

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Unique administration module: Nishue contains a secure and advanced administration module to control your cryptocurrency exchange from end to end.

Separate user profile: A separate user profile module that helps your users easily track and check all open deposit or withdrawal orders, records, transactions, etc. just one click.

MLM and Affiliate Management: These marketing-ready automation tools make it easy to manage commissions for partners at your level, contribution history and documents.

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How cryptocurrency trading software helps develop your crypto platform:

Coin Deposit and Withdrawal: A crypto merchant must maintain a huge deposit and withdrawal requirement on a daily basis. Trade software helps manage your activities with its automatically set algorithm.

Coin package and loan offer: Keep different coin packages and loan offer at your client’s fingertips. You can create, manage and advertise your offer using a well-designed package.

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Notification and risk management: Every crypto trading platform must arrange a push notification system to inform itself and its client about many alarming problems and thus eliminate the risk. In this case, the system design is completely perfect.

Multiple Payment Gateway: You can integrate your cryptocurrency wallet, local currency, Payeer Event Mobile Banking system as a payment method within this software to make your transaction smooth.

Daily, weekly and monthly ROI: Do you take care of maintaining the ROI as you said. This cryptocurrency trading management software can automatically calculate ROI, commission and more according to your instructions.

Free Responsive Website: Must have a fully responsive, SEO optimized dynamic website integrated into our system and is completely free. This will help you run your business smoothly.

Crypto comparison, conversion and in-depth analysis: live crypto market capitalization and a two-coin add-on system integrated for live crypto comparison, conversion and depth analysis

100% secured system: Trading software is designed after keeping in mind a very security issue. This cryptocurrency trading software uses a secure Integer framework, two-factor authentication, and many other security systems.

An absolute package exclusively for spot cryptocurrency trading that allows users to trade Bitcoin, Bitcoin Cash, Ethereum and Litecoin via Coinbase. Built on the same technology that drives Nishue software, it includes proven market-leading tools developed over 25 years to give professional and active cryptocurrency traders a better experience than what other cryptocurrency-only trading solutions currently offer.