What is the best forex forecasting and analysis software?

For the big players in the currency market, there are several things better than a capable software program for forecasting and analysis to help them with trading patterns. This saves a lot of time as it is able to take all the market data and perform a full analysis to predict all the trends that are likely to be the result of market movements in the near future. The ability to predict the future of any market is something that most investors only dream of, and with currency exchanges it is twofold, as there are always many opportunities to make serious profits.

However, there is no perfect program, and in combination with the effect that news has on the Forex market, many times even the best application will display data that can sometimes be distorted by currently available numbers. So a good program will only improve the chances of each trader to increase his chances of success in the market, which, when properly established, will allow him to make money in the long run. Since the whole process is a profit from transactions, a good utility is like money in the bank.

After all, it is this sign of excellence that is sought after, so an in-depth analysis must be completed before purchasing any of the high (or low) software programs currently being advertised. Probably the best source of information is through a reputable forum, where most big players are likely to implement their best strategies.

Often a review of a popular program can give some indicators of what to look for, which many people who are just starting out in this market are desperately looking for. Among the best features that an application of this type should have include: ease of installation, how simple the program is to use once it is installed on the user’s computer, and whether it provides adequate, timely pricing information based on market trends are currently experiencing.

If all of them have received a satisfactory answer and the program can be learned quickly, this may be the ideal solution when looking for a capable assistant. Of course, everyone is different, but having the right software application can make the Forex trading process much simpler and much more profitable.

Predicting the price of gold is a fool’s game

It is sometimes frustrating to see attention focused on gold price forecasts. The more sensational and effective the price forecast, the greater the cacophony.

It is worth looking back at some of these predictions to help put things in perspective.

TITLE: $ 6,000 gold forecast and gold mining analysis by visualization January 23, 2012

Quote: “If the current gold bull market had followed the time and scope of the bull market since the 1970s, the price of gold would have reached $ 6,000 before 2014. “

Gold price on January 23, 2012: $ 1679.00. per ounce.

Gold price on March 14, 2014: $ 1382.00 per ounce.

Gold price on December 31, 2014: $ 1181.00 per ounce.

How far from the base can the price forecast be? Not only did gold not reach its target price, but it went in the opposite direction – starting the same month – and continued to decline by thirty percent over the next two years, ending at $ 1,205.00 an ounce on December 31, 2013.

The problem is not the plausibility of the $ 6,000.00 gold. This is very plausible and possible; maybe even likely. However, the forecast was specifically time-oriented and terribly misjudged in terms of direction and weather.

All this is apologetic. Unless you own a subscription service and / or make investment recommendations to others or provide commercial advice.

TITLE: JPMorgan forecasts $ 1800 gold by mid-2013. February 1, 2013

Quote:JPMorgan sees gold at $ 1,800 by mid-2013 as South Africa’s “In Crisis” and “Escalating Instability” in the Middle East JP Morgan Chase & Co. said gold would rise to $ 1,800 an ounce by mid-2013, putting South Africa’s mining industry “in crisis,” according to Bloomberg.

The price of gold on the date the title appeared was $ 1,667.00 an ounce. Five months later, on June 29, 2013, the price of gold was $ 1233.00 per troy ounce.

The $ 1800.00 gold call was a “sure” forecast. Only an eight percent increase from the existing (then) level of $ 1667.00 would lead to a gold price of $ 1800.00.

But, as in the previous example, the price went south in revenge; this time it dropped twenty-six percent in five short months.

TITLE: Trump won $ 1,500 signals Gold … November 10, 2016

Quote: “President Trump’s victory in the United States signals $ 1,500 an ounce for gold … in the interim.”

Gold price on November 10, 2016: $ 1258.00 per ounce.

Gold price on July 31, 2017: $ 1268.00 per ounce.

Apparently, gold did not see the “signal”, as its current price is almost identical to its price on the day when the forecast appeared in print just after the elections in November last year.

And what does the writer mean by “intermediate term”? The longer the time period, the lower the value in the forecast. The projected increase in the dollar is twenty percent. If it takes two years, that’s about ten percent a year. In that case – or if it takes more than two years – is it worth the title in bold?

TITLE: Trump will send a gold price of $ 10,000 November 10, 2016

The prices and dates of the gold are the same as in the example above. With gold exactly where it was ten months ago, when can we expect some progress towards this price target?

More strange price forecasts are usually centered around a collapse or collapse of the monetary system. The collapse comes as a result of the complete abandonment of the US dollar after decades of devaluation. People simply refuse to accept and keep US dollars in exchange for the goods and services they offer.

Suppose you have gold at that time. Would you sell it? At what cost? For how many useless US dollars would you part with an ounce of gold?

If someone offered you a billion dollar monopoly for an ounce of gold today, would you take it? How about ten billion?

Well, what if we see a sharp drop in the value of the US dollar over the next few years? Let’s say that the decline represents a loss of purchasing power for the dollar of fifty percent of current levels. This would equate to a price of gold of approximately $ 2,500.00 per ounce, which doubles current levels.

This is true if the gold and the US dollar are currently in equilibrium (I think they are). In other words, the current gold price of $ 1250/60 is an accurate reflection of the cumulative decline in the value of the US dollar since 1913.

Fifty percent reduction in the purchasing power of the US dollar will be reflected in higher prices of other goods and services; a model that has become very well known in the last hundred years.

If there is a functioning market and if you assume that you are selling a little gold and making a profit, how much more will it cost what you would decide to buy? Do you really think that you will be able to buy other valuables at “discounted” prices at that time?

Gold in 1913 was $ 20.00 an ounce. It is currently $ 1260.00 an ounce. This is an increase of more than sixty times. But this is not a profit. Because the general level of prices of goods and services today – generally speaking – is sixty times higher than in 1913.

There are times when you can gain from sudden movements in gold in short-term situations. In general, these are just before major changes in the price of the US dollar, which reflect the awareness of the cumulative decline in the purchasing power of the dollar. And to a lesser extent, recognizing when other people’s expectations take the price of gold off balance against the US dollar.

In 1999/2000, gold reached low prices of $ 250-275.00 per ounce. Shortly afterwards, it began a decade that ended at a peak price of nearly $ 1,900.00 an ounce in 2011.

After peaking in 2011, gold fell over the next five years to a minimum of just over $ 1,000.00 an ounce. The short-lived rebound in early 2016 brought it back to near current levels ($ 1250-1350.00), where it generally remained unbreakable, neither up nor down significantly.

Where were all these “experts” in 1999/2000 and what did they predict then?

And from 2011/2012? They spoke almost the same thing over and over. Buy now! Buy more! Before it’s too late!

One day it will be too late. But now it is more a matter of financial survival than ever. The obsession with profits, forecasting and trading blurs the real foundations.

And one way or another, most people’s profits are likely to increase before they do anything significant with them.

Gold – physical gold – is real money. This is real money because it is a stock of value. And its value is constant. The value of the US dollar continues to decline over time. The ever-declining value of the US dollar and people’s perceptions of it, as well as their expectations of it, determine the price of gold.

Bitcoin and binary options trading

Binary options have become increasingly popular in the last 2 years. This type of trading is desirable among new traders, as they do not actually need to buy anything, just predict whether the asset will move up or down over a period of time. These transactions are made in a short time (30 seconds, 1 minute, 5 minutes), but can be months. If the trader has made a wrong prediction, they will obviously lose their money. If the trader was right in his forecast, he will receive 80-85% payout, depending on the broker.

Binary options are sometimes called “all-or-nothing options,” “digital options,” or “fixed-return options” (FROs) that are traded on the US stock exchange.

Bitcoin (BTC) is a digital currency that is created and held electronically and is not controlled by anyone. “Bitcoin is an online payment system invented by Satoshi Nakamoto, who published his invention in 2008 and launched it as open source software in 2009. The system is peer-to-peer; users can make transactions directly without the need for an intermediary. it is checked by network nodes and recorded in a publicly distributed book called a blockchain. The registry uses its own unit of account, also called bitcoin. The system operates without central storage or an administrator, which led the US Treasury Department to categorize it as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency … “

Bitcoin as a currency in binary options trading

Bitcoin is now a widely used currency and many trading platforms accept it as a method of payment for commercial deposits of their customers. There are many advantages to using bitcoin as a currency. The first advantage is “the fact that the transaction price is the lowest among all forms of online payment. This is the reason why bitcoin was created in the first place to reduce the cost of online transactions. Another reason for traders to use bitcoin as a currency is that bitcoin itself is tradable and they can earn extra bitcoins this way.

“Having all the trading transactions denoted in bitcoin, the trader is able to protect himself from the fluctuations of this cryptocurrency, while at the same time earning more from it through profits earned from trading.”

Bitcoin as a commodity in binary options trading

With the recent popularity of bitcoin and its adoption as a currency, many binary options platforms have begun to use bitcoin as one of the trading currencies. so as an asset. Stockbrokers see value in trading BTC against flat currencies, mainly against the US dollar.

Today there are 2 main types of binary options platforms for bitcoins:

  • First generation brokers – binary options platforms that allow Bitcoin trading

  • Second generation brokers – platforms that offer both bitcoin financing and bitcoin trading

First generation brokers – brokers offering bitcoin trading:

  • Coinut – only a platform for exchanging Bitcoin options; programmed as stable and distributed in the Linux coinut.com operating system

  • BTClevels – a platform for trading binary options for bitcoins; with or without registration, seamlessly btclevels.com

  • 24 Options – one of the first brokers to start offering BTC as an asset to 24option.com

Second generation brokers – brokers offering bitcoin financing and trading:

  • Traderush Binary Platform – accepts BTC traderush.com deposits

  • Nadex trading platform – accepts BTC financing and allows trading with BTC; offers limited risk, short-term trading, transparency and a fully regulated market nadex.com

  • Satoshi Option trading platform – accepts BTC financing and allows BTC trading; does not require account registration or personal data. Payments are almost instant and the service is available from anywhere in the world satoshioption.com

  • BTCOracle platform – a platform for bitcoins only – allows financing and trading of BTC, offering several portfolio options and full transparency btcoracle.com

  • Bitstamp Platform – As above, a platform for BTC only – allows BTC trading and financing, but requires bitstamp.net login

  • Bitcoin Wisdom – allows trading in 3 digital currencies, bitcoins, lightcoins, altcoins against other flat currencies and requires login bitcoinwisdom.com

  • Beast Option – allows BTC financing and trading of bitcoins and lightcoins; guarantees fairness in pricing, despite market fluctuations beastoptions.com

When choosing a bitcoin broker, it is important to check their general terms and conditions, paying special attention to the information whether their bitcoin assets are stored in “Deep Cold Storage”. This means that bitcoins are insured and stored offline where they are not susceptible to hackers.

6 Benefits of investing in cryptocurrencies

The birth of bitcoin in 2009 opened the door to investment opportunities in an entirely new type of asset class – cryptocurrency. Many entered space early.

Intrigued by the huge potential of these young but promising assets, they buy crypto at low prices. Therefore, the bull of 2017 saw them become millionaires / billionaires. Even those who didn’t bet much made decent profits.

Three years later, cryptocurrencies still remain profitable and the market is here to stay. Maybe you are already an investor / trader or maybe you are considering trying your luck. In both cases, it makes sense to know the benefits of investing in cryptocurrencies.

Cryptocurrency has a bright future

According to a report entitled Imagine 2030, published by Deutsche Bank, credit and debit cards will become obsolete. Smartphones and other electronic devices will replace them.

Cryptocurrencies will no longer be seen as exiles, but as an alternative to existing monetary systems. Their advantages, such as security, speed, minimum transaction fees, ease of storage and relevance in the digital age, will be recognized.

Specific regulatory guidelines will promote cryptocurrencies and stimulate their adoption. The report predicts that by 2030 there will be 200 million users of cryptocurrency portfolios and almost 350 million by 2035.

Opportunity to be part of a growing community

#IndiaWantsCrypto on WazirX the campaign recently ended 600 days ago. This has become a massive movement supporting the adoption of cryptocurrencies and blockchain in India.

Also, the recent Supreme Court ruling, which lifted RBI’s 2018 ban on crypto banking, has sparked a new surge of confidence among Indian investors in bitcoin and cryptocurrencies.

The Eromeman Trust Barometer report for 2020 also points to people’s growing faith in cryptocurrencies and blockchain technology. According to the findings, 73% of Indians trust cryptocurrencies and blockchain technology. 60% say that the impact of the cryptocurrency / blockchain will be positive.

As a cryptocurrency investor, you are part of a thriving and fast-growing community.

Increased potential for profit

Diversification is an essential rule for investment. Especially in these times, when most of the assets have suffered heavy losses due to economic difficulties caused by the COVID-19 pandemic.

While investments in bitcoins have given a 26% return since the beginning of the year, gold has returned 16%. Many other cryptocurrencies have registered three-digit returns on investment. Everyone we know, the stock markets have reported grim results. Crude oil prices fell below 0 in April.

Including bitcoin or other cryptocurrencies in your portfolio would protect the value of your fund in such uncertain global market situations. This fact was also impressed by the manager of the macro hedge fund Paul Tudor Jones, when a month ago he announced his plans to invest in bitcoins.

The cryptocurrency markets are at 24X7X365

Unlike conventional markets, cryptocurrency markets operate around the clock, all days of the year without fatigue. This is because digital currency systems are essentially designed using pieces of software code that are secured by cryptography.

The operational plan does not include human intervention. So, you are free to trade crypto or invest in digital assets whenever you want. This is a great benefit! Cryptocurrency markets are very efficient in this way.

For example, bitcoin has successfully processed transactions with 99.98% uptime since its inception in 2009.

Tweet https://twitter.com/fernandoulrich/status/1185368277557620736

No documents or formality required

You can invest in bitcoin or other cryptocurrency anywhere and anytime without unnecessary conditions.

Unlike conventional investment options, where an absurdly large amount of documentation is required to prove yourself as an “accredited investor”, cryptoinvestment is free for everyone. In fact, this was the planned goal behind the creation of cryptocurrencies. The democratization of finance / money.

To purchase any cryptocurrency WazirX, you need to open an account for which you simply need to provide some basic information, including information about your bank account. Once they are checked, within a few hours, you can get started.

Sole proprietorship in the investment

When you buy bitcoin or another cryptocurrency, you become the sole owner of that particular digital asset. The transaction is performed in peer-to-peer mode.

Unlike bonds, mutual funds, stockbrokers, no third party “manages your investment” for you. You call purchases and sales whenever you want.

Consumer autonomy is the biggest advantage of cryptocurrency systems, which provides incredible opportunities to invest and build a corpus on your fixed capital “independently”.

These were some of the benefits of investing in cryptocurrencies. We hope you find them useful and compelling enough to begin your crypto investment journey.

3 strong foundations for the world of digital currency – cryptocurrency

Welcome to the “crypto” world!

– Blockchain technology domain

– Cryptocurrency market

– Bitcoin payment system closet.

So, here’s the trend or you can define it as a “digital currency world” with a great move to go up in the game.

If you avoid bitcoin and cryptocurrency today, you will fall into a bad ditch tomorrow. In fact, the present and future of the currency does not know how to stop the steps. Since its inception, it has grown and helped many people around the world.

Whether it’s a blockchain for recording transactions or a bitcoin system for processing the entire payment structure or a portfolio of Erc20 tokens for setting rules, as well as Ethereum token policies – everything goes hand in hand with the new beam of currency in the world .

Sounds great, right?

Moreover, with the advent of such a successful currency regime, many companies like to be part of this game. In fact, it’s all about helping businesses or organizations get Blockchain technology or cryptocurrency without any problems through a reliable Blockchain development company. With a lot of knowledge and potential, these companies are developing this currency and playing a vital role in the digital economy.

In just one nanosecond, let’s assume that the cryptocurrency will no longer exist, what will happen?

Maybe time will counterattack on your thought!

First launched by Satoshi Nakamoto, Bitcoin was the colonizer, and from that beginning an innovative digital currency with a range of good things developed.

So, the question arises – will the development of the cryptocurrency or its cryptocurrency development company disappear or remain until the end?

In fact, it is not possible to predict the future, but we can say that the cryptocurrency or Erc20 or Blockchain or Bitcoin Wallet Development Company will be present with the same enthusiasm and passion to lend a hand to business verticals and organizations.

John Donahue, the former CEO of eBay, said, “Digital currency will be a very powerful thing.”

And this turns out to be very accurate, as time creeps.

In fact, there are some valid reasons behind the success of this concept.

Proof of fraud:

The blockchain is linked to the cryptocurrency. So every transaction is recorded in this public book, avoiding any fraud. And all identities are encrypted to combat identity theft.

Erc20 takes care of all rules and protocols, so there is no violation of rules and orders. If you are inside, be sure to contact the Erc20 development company and develop it to meet the rules.

You are the sole owner:

There is no third party or other helper or electronic system to evaluate what you do. Only you and your client maintain an end-to-end experience. Isn’t that a great concept?

Vital, the agreement is instant and everything is between you and your seller without any other interference. At the end of the day, this is your call.

Easily accessible:

The Internet has made everything accessible and at your fingertips. It plays an indispensable role in the digital currency market or the stock market. You will have a better option for exchanging currency instead of using traditional and time-consuming ways. And, a great way to be attracted as an enthusiast in the field of cryptocurrencies.

If you are a business owner and expect to welcome the cryptocurrency in your area, always move forward with determination. Approach a reliable provider or develop cryptocurrency exchange discuss everything with all open cards and then hit the ball in the court.

Gan – a record that made millions figure out how!

Legendary trader WD Gann amassed a fortune of $ 50 million in the first half of the last century, although he died in 1955, and his trading methods are still used today with stunning success by sensible traders.

Here we will look at the basics of Gan’s method and why it is so successful and what you can learn from them.

Gan’s trading method

Gann’s trading method removes the emotion of trading, like all good methods:

Quickly liquidates losses and maintains long-term profit trends.

Gan’s method did just that, and he had an experience that was truly stunning.

Before we look at how Gan made money, let’s look at some of his predictions:

1. He predicted improvements in business in 1921 and Bull Run in stocks.

2. In 1928, he predicted the end of the Bull Market in stocks a year before the crash of 1929. He then bought shares in the Dow at its lowest level in 1932.

3. In 1935, out of 98 transactions with cotton, grain and rubber, 83 transactions showed a profit.

These transactions were examined independently and followed from the beginning to the conclusion.

Gan’s unique method

Although Gan was a technical trader, he introduced concepts that were unique and applicable to this day.

Why?

Because he bases his methods on the interaction between price and time.

Gann postulated that decisive price movements and therefore changes in the trend occurred when price and time converged.

If price and time were not combined, then time was more important than price.

Time was the ultimate indicator of trade because, as Gann said, all nature is governed by time.

In Wall Street Stock Selector, Gan said:

“Just remember one thing, whatever happened in the past on the stock market and Wall Street will happen again. The progress of bullish markets will come in the future, and panic will come in the future, just like in the past. It’s making a natural law “

Gan’s work on price and time was not his only unique contribution to trade, he also used concepts such as Gan’s angles and the sequence of Fibonacci numbers in his trade, which were revolutionary at the time.

Gan produced a huge amount of work and his insight into the psychology of the merchant and his unique way of trading led him to achieve some stunning profits in his trading career.

What you can learn from Gan

All traders would do well to study Gan’s unique and disciplined trading methods, as they can (and do) predict important changes in the trend and trade them for profit.

Gan was a legendary trader and learning his methods will help you look for great potential for profit.

The best books on cryptocurrency

The Sovereign Individual ~ by James Dale Davidson and William Reese Morgue

The Sovereign Individual is one of those books that forever changes the way you see the world. It was published in 1997, but the extent to which it expects the impact of blockchain technology will make you tingle. We are entering the fourth stage of human society, moving from the industrial to the information age. You need to read this book to understand the scope and scale of how things will change.

As it becomes easier to live comfortably and earn income everywhere, we already know that those who are truly thriving in the new information age will be workers who are not tied to a job or career and are independent of location. The attraction of choosing where to live based on price savings is now more attractive, but it goes beyond digital nomadism and freelance concerts; the foundations of democracy, government and money are shifting.

The authors predict Black Tuesday and the collapse of the Soviet Union, and here they predict that the growing power of individuals will coincide with the decentralized technology that absorbs the power of governments. The death toll for nation-states, they predicted with extreme foreboding, would be private, digital money. When that happens, the dynamics of governments as stationary bandits robbing hard-working citizens of taxes will change. If you have become a person who can solve problems for people all over the world, then you will enter the new cognitive elite. Don’t miss this one.

Choice quote: “When technology is mobile and transactions take place in cyberspace, as they will increasingly do, governments will no longer be able to charge more for their services than they cost the people who pay for them.”

Sapiens: A Brief History of Mankind ~ by Yuval Noah Harari

Whenever I want to impress someone on how good this book is, I ask, “Do you want to know the fundamental difference between humans and monkeys? A monkey can jump up and down a rock and swing a stick around and shout to his friends that it is saw a threat coming to them. “Danger! Danger! A lion! “A monkey can also lie. It can jump up and down a rock and swing a stick around and scream for a lion when there’s really no lion. He’s just mistaken. But what a monkey can’t do is to jump down and swing a stick around and shout, “Danger! Danger! Dragon!”

Why is this? Because dragons are not real. As Harari explains, the human imagination, our ability to believe and talk about things we have never seen or touched, has elevated the species to collaborate in large numbers with strangers. There are no gods in the universe, no nations, no money, no human rights, no laws, no religions and no justice beyond the general imagination of the people. We are the ones who make them like that.

All of this is a pretty great preamble to where we are today. After the Cognitive Revolution and the Agricultural Revolution, Harari takes you to the scientific revolution that began only 500 years ago and that may begin something completely different for humanity. However, the money will remain. Read this book to understand that money is the greatest story ever told and that trust is the raw material that cuts all kinds of money.

Selection quote: “Sapiens, by contrast, lives in a three-layered reality. In addition to trees, rivers, fears and desires, Sapiens’ world also contains stories about money, gods, nations and corporations.”

The Internet of Money ~ by Andreas M. Antonopoulos

If the two books mentioned above help us understand the historical context in which Bitcoin first appeared, then this book expands the “why” with infectious enthusiasm. Andreas Antonopolous is perhaps the most respected voice in the crypto space. He has traveled the world as a bitcoin evangelist since 2010 and this book is a summary of the conversations he had along the chain between 2013 and 2016, all set to be published.

His first book, Mastering Bitcoin, is a technical immersion in technology aimed specifically at developers, engineers and architects of software and systems. But this book uses some metaphors for choice to explain why you can’t ban or exclude bitcoin, how the scaling debate doesn’t really matter, and why bitcoin needs the help of designers to conclude mass acceptance.

“When you first drive your brand new car in a city,” he writes, “you ride on roads used by horses with infrastructure designed and used for horses. There are no traffic lights. There are no traffic rules. There are no paved roads. And what happened? Cars crashed because they had no balance and four feet. “But fast a hundred years ahead, and cars that were once ridiculed are absolutely the norm. If you want to delve into the philosophical, social and historical implications of bitcoin, this is your starting point.

Choice quote: “Bitcoin is not just money for the internet. Yes, it is perfect money for the internet. It is instant, safe, free. Yes, it is money for the internet, but it is much more. Bitcoin is internet money. The currency is just the first app. If you understand this, you can look beyond price, you can look beyond instability, you can look beyond whim. Bitcoin is basically a revolutionary technology that will change the world forever. Join us. “

Some of the best indicators for MetaTrader

If you are on the verge of buying the best MT4 indicator to complement your existing system, remember that you need to learn about the software and how it works well enough. In principle, the indicator is an indexed parameter that determines the mode based on the pre-coded formula. MetaTrader now consists of up to 50 immediate indicators, working on time for customers and this figure is growing rapidly every day. With performance-enhanced software, it is sure to provide traders with an effective path to highly accurate foreign exchange market forecasts.

Among the many MetaTrader indicators available, there are several that are considered to be among the widely used indicators by advanced and novice traders. One of the best is Trend MultiTF. This indicator has won deep trust and recommendations from financial experts. Why it deserves such a reputation, it basically involves researching four unique market models to predict upcoming marker trends. The indicator works by applying data from four time frames, H1, M5, M15 and M30. In fact, the market is said to be stable, neutral and floating, as it fits into seven different aspects of the four time frames.

Another accredited indicator that received the label for best MT4 indicator is Bollinger Bands-Div. This indicator is widely used to analyze the possible deviation of market situations in the future from a coded model. Differences in conditions will be indicated by signs that indicate the end of the trend, as well as the beginner of a new variation. Sometimes, when the low fractal is lower than the previous one, the system will show a busy signal, while a sale notification will appear, during which the new high fractal is higher.

In addition, Power RVI is also one of the indicators of MetaTrader, voted reliable and extremely useful. This software is an indicator of progress that merges with Bollinger Bands to assess the current model as well as possible inconsistencies in the future. The change will be determined by the movement of the blue flickering line in accordance with the red midline. In addition, Power RVI can be used to categorize trading and divergence regions as overbought or oversold sectors.

Increase your retirement by investing in cryptocurrency

All over the world, human life expectancy has increased by leaps and bounds. Compared to the 1950s, it has increased by 50%, and compared to the 1980s, it has increased by 30%. Gone are the days when company-sponsored retirement plans alone were enough to make your golden age peaceful and carefree.

Today, with the increase in other expenses such as housing, education, health care and others, several people find it increasingly difficult to save for retirement.

Unfortunately, the bitter truth is that people of all generations from baby boomers to millennia do not save enough for their retirement. Saving is one of the most underestimated epic crises in the world.

“Retirement is complicated. It’s never too early or too late to start preparing for retirement.”

In this way, people try for alternative options that provide them with a higher return in a shorter period of time. Traditionally, real estate, private capital and venture capital were sought. Now a new and more profitable and profitable investment has joined the picture – enter cryptocurrencies.

Cryptocurrency Investments – For those who don’t want to put all their eggs in one basket

One of the biggest benefits of investing in cryptocurrency is that it separates your portfolio from reserve currencies. For example, if you live in the United Kingdom, then you are required to have shares of UK-based companies in your pension portfolio if you are in equity. What will happen to your portfolio if the British pound collapses? And given today’s volatile political scenario around the world, nothing is certain.

Therefore, investing in cryptocurrency makes the most sense. By investing in digital currency, you effectively create a basket of digital coins that acts as an effective hedge or as a safe bet against the weakness of the reserve currency.

The average investor needs to allocate only a small portion of their pension assets in cryptocurrency due to its volatility. But instability can reduce both ways – consider the health care stocks of the 1950s and the technology stocks of the 1990s. The smart early investors were the ones who made it big.

Do not lag behind and do not lose. Include crypto in your assets to start building a truly diverse portfolio.

Breaking the wall – Build your trust in cryptocurrencies

One of the biggest and most important obstacles most crypto investors face for the first time is that they cannot trust digital currencies. Many, especially people who are unfamiliar with technology or approaching retirement, do not understand what promotion is all about. Unfortunately, they fail to realize and appreciate the countless potentials of cryptocurrency.

The reality is this – Cryptocurrencies are one of the most reliable assets, backed by the latest technology. Blockchain technology, which powers digital currencies, makes it possible to trade instantly and indelibly without the need for third-party verification. This is a partner-based system that is fully open and operates on advanced cryptographic principles.

Pension planning tools must work to demystify cryptocurrencies

In order to build trust and gain the support of individuals, pension funds need to educate investors about the endless potential of cryptocurrencies. For this, they need advanced analyzes that help ensure reliable risk analysis, risk / return indicators and forecasts.

In addition, investment firms can set up specialized cryptocurrency advisory services to help and guide new investors. Several intelligent artificial intelligence-based advisors can be expected to emerge in the coming years – they will help calculate the right investments based on the individual’s horizon, risk tolerance and other factors.

Human Advisors can work with these smart advisors and provide clients with personalized advice and other suggestions when and when needed.

Need more visibility and comprehensive control

Retirement investors who want to add cryptocurrencies to their asset portfolio require more control and visibility as they experiment with this new asset. Look for platforms that allow you to combine all your assets in one place. An integrated solution that allows you to manage and balance all your assets, including traditional ones such as bonds and stocks with new asset classes such as cryptocurrency portfolios.

Having such a broad platform that supports all your assets gives you a comprehensive portfolio analysis, helping you make better and more informed decisions. In this way you achieve the ultimate goal of saving faster for your goals.

Look for investment planning portals that also provide additional features, such as periodic installments for cryptocurrencies at regular or unplanned intervals.

Advances in supporting technologies for investing in cryptocurrency

Investing in cryptocurrency will become mainstream only when the supporting technology allows investors to trade coins without any problems, even for new investors who are not aware of the know-how. It must be possible to exchange one digital coin for another or even for fiat currencies and other non-tokenised assets. When this becomes possible, it will remove intermediaries from the equation, thus reducing costs and additional fees.

With the maturation of technologies that support investment in cryptocurrency and trading, the value of digital currencies will increase further as the currency becomes the main one with wider availability. This means that the first adopters have a huge profit. As more and more retirement investment platforms integrate cryptocurrency, the value of digital currencies will increase, offering significant profits to early adopters like you.

If you are wondering if such pension investment platforms will take several years to see the light of day, then you are wrong. Auctus is one such portal that is currently in its alpha startup phase. It is the first pension portfolio of its kind to include digital currencies. Auctus users can get investment advice from both human and AI-driven analytics tools.

For now, consumers can save for retirement using Bitcoins, Ethereum and several other digital currencies. In addition, users can use the automated balancing feature, which allows them to automatically adjust their portfolio using a set of predefined rules.

This holistic approach ensures that consumers can achieve their retirement goals earlier by making smart and right investment decisions or decisions.

Concluding Thoughts – Cryptocurrencies should not be overlooked in your retirement portfolio

Yes, it is true that cryptocurrencies are highly volatile. In fact, there is speculation on the Internet that suggests that “cryptocurrencies are nothing more than a quick risk-taking scheme” and the bubble is likely to burst sometime in the near future.

Uncertainty does not mean that cryptocurrencies should not be part of your retirement portfolio, even if you have short investment horizons. On the other hand, the current decline in cryptocurrency prices in 2018 means that you have a rare opportunity to make profits.

Greater confidence, comprehensive and directly controllable investment management capabilities and advances in supporting technologies ensure that digital currencies make an excellent investment choice for inclusion in your retirement portfolio.

8 Mistakes to Avoid When Trading Forex

It is exciting to trade in the foreign exchange market, especially if you have access to the Internet. All you have to do is open a trading account to start in the largest financial market in the world. However, if you make the following common mistakes, you may find it difficult to succeed. Read on to find out about some common mistakes you may want to avoid.

Exceptional leverage

In the foreign exchange market, leverage can reach 1: 500. Although it allows you to trade a lot of money in the hope of huge profits, it also comes with the risk of huge losses. Therefore, it is not a good idea to use an exclusive lever or you may end up suffering huge losses.

Over Trading

If you want to grab a lot of opportunities with an exclusive lever, you are more likely to make mistakes. This can lead to a loss in the end. In fact, excessive trading can lead to incorrect transactions. You don’t have much time to react when trade losses continue to rise.

There is no trading plan

It is important to have a trading plan for success in the world of Forex trading. If you follow the plan, this can help you control your risk.

Relying on automated trading applications

Beginners often look for software to predict future trends. You can find a lot of software that claims to make predictions for you. The fact is that this software can hardly help you predict the future.

They do not follow the trend

It is important to keep in mind that short-term movements are random in nature. Therefore, they are an indication of the general trend. Therefore, trying to follow a short-term movement in the long run is not a good idea. So, what you need to do is allow momentum to be your guide in Forex trading.

Zero experience trading

If you want to be a successful trader, you may want to improve your trading skills. To get started, you can use a demo account practice. This practice account will help you get acquainted with the world of Forex trading.

Emotional trading

Another common mistake is called emotional trading. If you trade emotionally, you can make the wrong decisions. This is one of the many reasons people lose money while trading currencies. If you have a plan, you can control your emotions and focus on your goals.

Lack of discipline and patience

Sometimes traders follow impulse trading and do not allow the setting to be established. If you predict such trades, your attention will be diverted from a particular trading plan or strategy. No matter how profitable your strategy is, you can’t make a profit unless you follow discipline. If you have patience and discipline, you can enjoy lucrative deals.

Conclusion

Apart from these factors, there can be many other factors that can prevent you from succeeding as a trader. That is why it is important to avoid these common mistakes and gain more knowledge.