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Showing 4 of 4 results by jason181
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Board Trading Discussion
Cryptocurrency: Benefits in Trading
by
jason181
on 28/03/2018, 06:08:45 UTC
Trading in cryptocurrency gives the many benefits. There are many kind of cryptocurrency like bitcoin. But bitcoin is a very popular currency. Invest in bitcoin is a good point. It may give you a lot of profit. As well as there are many risk in investing in it. That is in result give you a loss. Recently bitcoin price fall down as compare to previous years.

Trading with cryptocurrency is beneficial because it gives a low inflation risk. Bitcoin is a decentralized digital currency. It is not controlled by government or any central authority. That’s why it has low collapse risk. Bitcoin is a digital currency which is easy to manage. Because its transaction is based on peer to peer system. Bitcoin is not easy to track. It uses the cryptography technology. Which is used to encryption of the data.

You should have the proper knowledge before investing in cryptocurrencies. It may be bitcoin, litecoin, and ethereum. You should trade in these digital currencies. Here is the cryptocurrency list and their marketcap which helps to know the current value and market of them.

Things that make beneficial by trade in cryptocurrency

When you think about to invest in cryptocurrency first thing you need is a wallet. This wallet allow you to buy. Sell or exchange the cryptocurrency. Exchange in cryptocurrency is same as stock exchange. A bank account is necessary to trade in exchange. Now we need some points to keep in mind.

Exchange in cryptocurrency is similar to stock exchange. But it doesn’t mean that both are same. Also, it’s not a part of stock exchange. Coinbase or GDAX, provide the service of cryptocurrency exchange. Coinbase gives the services where you can buy, sell or store your digital currency. Coinbase is an easiest way to trade in cryptocurrency. Bittrex, Binance, and GDAX are similar to Coinbase which provide the service of exchange in cryptocurrencies. These are better as comparison to Coinbase.

Trading in cryptocurrency will make you rich in seconds and can lose it in next. This is because of its market is volatile. Cryptocurrency mining is also a medium to invest in it. It helps to validate the transaction and also gives` the some benefits.

Cryptocurrency trading gives the facility to exchange with cryptocurrencies. This kind of service provide by Forex. Forex stands for foreign exchange of digital currencies. There is a term cryptocurrency exchange and brokers. What is the difference between these? Cryptocurrency exchange gives the facility of buyer and seller. But it will ask you before investing. While brokers can directly invest in cryptocurrencies without asking.
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Board Off-topic
The Collaboration between Blockchain and Bank Digitization
by
jason181
on 27/03/2018, 10:28:59 UTC
Nowadays everything is getting digitized, from education to money. Digitization of banks is one effective initiative by Governments and private banks. Still people are not happy with their services. It is like when we were using 2G network and we wanted faster network. And now we have LTE but still we are getting hungry for the speed. In banks the problem is the delay it makes during the transactions are made. Thanks to people who built Blockchain, a perfect solution for this network.

Yes, [Suspicious link removed]es as blessing for the banking industry. It can eliminate the delay that bank causes when you transfer money from one account to another. But to eliminate a problem one need to understand it first. So the problem with traditional bank is data structure. Our traditional banks uses centralized data so if any transaction is made only bank is there to verify it. All the traffic coming through this go through on system. This makes delay in by some time in sending and receiving money.

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Board Bitcoin Discussion
Is Bitcoin Still Good to Make Investment in it
by
jason181
on 26/03/2018, 06:12:39 UTC
Form last few months everyone is seeing some rise and fall into the price of the bitcoin. When it was rising everyone thought that they would have invested in it. But as of now it has fall to $10K from $17K.People are having doubts now that is bitcoin still good to invest. This is like bitcoin is been on the roller coaster ride and that ride is getting slow now. Investors of bitcoin may have lived a nightmare of 70% fall in its price from all time highest. Now this is rising again that is a bit relaxation but not that much. This up and down is making the reason for new and current investors.

So if someone ask you about investing in Bitcoin, simply say yes. But what about the price? So another answer here is that bitcoin price reflects from the market's activity. If more people show interest in investing into bitcoin then price will go up. On same page if interest of investors is low it will go low. But still you can say that even with this low price it have eliminated other investment options.

In every investment one thing is important and that is belief. If you don't have trust in where you are putting your money then it is no use. You will eventually pull out your money in small time. If you need fruit from your tree you have to wait for years to let it grow. Same happens with investment. If you are not sure of it put small amount in it that do not affect you much. With small investment in it wait for long. There may be up and down but you have to stay patient. If you want the Records of ICO token and cryptocurrency market cap there are many sites like CoinMarketCap, and CryptoLoins.

But if you are thinking that you can grow fruits from your first tree then you are wrong. Before growing tree you need to learn about tree and how to grow them. So what you need to do here is learn about bitcoin. Do study of how it works, what features it have, what are the flaws, etc. Then learn about the market, how market works, what profitable conditions are and what are not. These questions will force you to come up with a strategy. A strategy or plan to make investment depending on the facts you have learned.

This post is just for understanding what is actually offered by bitcoin. We are not telling, forcing or suggesting to invest in any cryptocurrencies. This is all just for knowledge. If you invest in cryptocurrencies and any kind of loss is happened we do not take responsibility.
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Board Altcoin Discussion
Topic OP
Trading in Cryptocurrency with KZCash
by
jason181
on 06/03/2018, 06:25:20 UTC
KZ Cash is Asia’s fastest growing cryptocurrency with over 25000+ visitors on their websites. They have shown a lot of potential in past some time. I bet you have never seen this much growth in this lessen time. The last time I checked they were at 2.9 USD for one 1 KZC. They have estimated 1000 users in 2018 as their target. Currently, they have 100+ user registered and they are from 8 different countries. Still, in a growing stage, they have established some interesting features.
Among these one feature that caught my eye was their map. They call it KZ Map. This map is basically like Google map that shows every KZ Cash seller registered on it. Any business that has started accepting KZ Cash in payment method will get their spot on the map. So if a customer is also a KZ Cash user so they can track their nearby seller who is also using KZ Cash.
This way seller can have the benefit of spreading their business among the users, to whom KZCash is serving. These users are from different countries so basically, your business will get promoted to different countries. Their main target is Asian market. Australia and Newzeland are another targets they are targeting. Increasing interest of people into cryptocurrency have made people interested in different industries. What I am interested in here is that its progress rate is good and the number of sellers are also increasing.
So what my concern here is that should I make the investment in KZcash. I know its success and numbers are looking pretty good but still will you guys help me out here.