Price variances in the Bitcoin spot price on the Bitcoin trading exchanges is driven by many reasons. Volatility is assessed in classic markets by the Volatility Index, also called the CBOE Volatility Index (VIX). Volatility in Bitcoin does not yet possess a completely accepted index since cryptocurrency as a real asset class is still in its beginning stages, but we do understand that Bitcoin is able of volatility in the form of 10x adjustments in price compared to the US dollar, in a fairly short period of time. Below are just a handful of the various factors in back of Bitcoin's volatility: 1) Rate of ownership is affected by negative press. News situations that frighten Bitcoin users consist of geopolitical incidents and statements by government authorities that Bitcoin is most likely to be controlled. Bitcoin's first adopters covered many mal actors, generating headline news stories that created worst fears in investors. Headline producing Bitcoin news involves the bankruptcy of Mt. Gox in early 2014 and even more lately that of the South Korean market exchange Yapian Youbit, and others like the high profile employ of Bitcoin in drug deals via Silk Road that finished with the FBI shutdown of the market place in October 2013. All these occurrences and the general public panic that ensued forced the value of Bitcoins compared to fiat currencies down quickly. Nevertheless, Bitcoin polite investors viewed all those events as proof that the marketplace was growing, generating the value of Bitcoins vs the US dollar substantially back up in the brief period instantly following the information events. 2) Bitcoin's recognized worth changes. One cause why Bitcoin might change against fiat stock markets is the recognized store of value vs the fiat money. Bitcoin has elements that make it comparable to gold. It is ruled by a design resolution by the developers of the core technology to max capacity its creation to a fixed amount, 21 million BTC. Since that varies substantially from fiat currency exchange, which is handled by government authorities who want to preserve low inflation, high employment, and acceptable growth throughout investment in capital assets, as economies developed with fiat values show signs of power or weakness, traders may designate more or less of their assets right into Bitcoin. 3) Too much deviation in awareness of Bitcoin's store of worth and technique of value. Bitcoin unpredictability is also driven in huge part by differing perceptions of the implicit value of the cryptocurrency as a save of value and technique of value transfer. A store of value is the action by that an asset can easily be beneficial in the future by way of some predictability. A store of value can easily be kept and changed for some great or service in the future. A technique of value transfer is any kind of thing or principle used to transfer property in the type of assets from one entity to another. Bitcoin's unpredictability at the present creates it a somewhat ambiguous store of value, but it guarantees almost frictionless value transfer. As these two drivers of the recent spot value of Bitcoin differ from the US dollar and other fiat foreign currencies, we see that Bitcoin's worth can move based on news events very much as we notice with fiat stock markets. 4) Small choice value to huge owners of the currency. Bitcoin unpredictability is also to a degree driven by holders of huge ratios of the total remarkable float of the currency. For Bitcoin traders with recent holdings above about $10M, it is not obvious how they would exterminate a position that huge into a fiat position without significantly moving the marketplace. Since Bitcoin's quantity is similar to a small cap stock, the currency has not strike the mass market ownership prices that might be required to offer option value to huge owners of the cryptocurrency. For more reading, please visit here: http://yeekoksiong.strikingly.com
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Binary options trading have earned immense popularity in the world of finance. In the group of novice investors, the binary business has become the best and the only platform that delivers the maximum return on the investment, without having a large sum of money or any past experience in the required field. It is very easy to understand the main concept and rules with which binary trading can be performed. The innumerable advantages that the traders receive from the binary trade are also the motivation factor, not just for the experienced ones but for the beginners too. The trading rules and regulations of binary trading are quite easy to understand and learn within very short span of time as compared to other methods of financial trading.
The first thing that is required to know for the binary traders as per Yee Kok Siong is, how binary trading work and at what place it is conducted, in order to become the part of binary trading. By taking help of binary brokerage, you can simply start the investment process. These online brokers have several types of agreements for the traders, depending upon the type of underlying asset on which trader agrees to invest on. Such financial underlying assets include index, forex, asset, commodities, stock and others. In addition to this, an agreement also contains the purchase price of the asset, date of expiry of the agreement and the strike price that indicates the profit percentage. In order to know the answer of how to trade binary options trading, it is essential to hire a broker of your choice. A right broker is the one who can deal in any type of binary options business contract such as forex binary options or stock binary options. After the selection of the broker, the right type of the binary option has to be selected in the next step that includes touch and barrier options, range or boundary options, and above and below options. As compared to other investment options, binary trading bears less probability of risk. In order to invest in the binary trade, it is vital for the trader to know the expected payouts from each trade. The payout for the trader directly depends upon the selection of the type of the binary options. Some provides 70 to 80% return on the investment and other gives 300% return. It also includes the level of risk; the higher the risk, the higher the return. Move over all your other Forex scalping methods, there is now a new, advanced automated Forex scalping strategies program that catapults Forex scalp traders to a whole new level of generating profits 24 hours per day - 5 days per week!
First, don't confuse this automated Forex system with the standard run of the mill trading system. The key thing that you should note here is that is automated Forex scalping strategies in a specialized software program! Most systems and robots designed for currency trading are NOT for scalping the Forex! Technology has come to the point to there are now systems out on the market that can actually, successfully and repeatedly scalp the Forex generating small profits at a time that add up into big profits. Since these kinds of systems has in its program code virtually all Forex scalping strategies known to mankind encoded within its highly, advanced algorithms your chances of highly successful trades increase exponentially! Many companies in the past that have developed proprietary systems and sold out to major financial institutions; meaning that common everyday folks like you and I never knew that such program existed. In the past, as well as today, many Forex scalp traders are left to memorize or write down the various Forex scalping methods and select the best one for their immediate situation. Whether you are considered a trader or not, it should be pointed that this kind of information is well worth knowing. Super Advantages of Automated Forex Scalping Strategies by Yee Kok Siong:
It's truly amazing how the whole "technology thing" has created incredible opportunities for all of us. To read more, please visit here: https://yeekoksiongadvice.jimdofree.com It goes without saying that a think tank needs a constant flow of new ideas and innovations to be of value to our society and civilization. So, of course, we ask our fellow members to be generous with their ideas. From time to time we also get outsiders from around the work sending in their best mental brain storms. Not long ago, we had someone explain their plan to ditch the money rat race in society, actually to ditch money all together and increase our productivity by some 30%, here is what he had to say:
"I have an idea that could improve the overall efficiency of the world by perhaps 30%. I need help in the part of how to turn capitalism into a non-money using, non-communism structured government. Also how to persuade the government to move to it and think it was their idea in the first place." Well if we can improve efficiency in human civilization by 30%, I am ALL-IN. But you have to agree that the unit of trade, we currently call a USD (reserve currency) has challenges in rewarding many of the things we need to propel humans into the future. If we could find a way to use (digital units) and give out digital units for things like volunteerism, picking up trash on a daily walk, innovation, mentoring, original thoughts, and other contributions to society we could have "real value" supporting the intrinsic value of the digital units. Of course, we might be able to use digital currency, a Bitcoin or Blockchain type scheme, the same way as Free-Market Capitalism with a new form of "unit" to trade. This might help us curb the cronyism of socialist elite, Communist regimes and corporate/government incestuous relationships that Adam Smith warned us about. Yee Kok Siong explains that the units of trade could retain value based on "real work" - positive work towards noble endeavors, while the units traded for commerce remain the same. The "goodness" pay would be based on supply and demand, more pay for what is needed, less pay for what is already in abundant supply. The AI decision matrix determines this, not humans? And really it is the next logical step as AI replaces decision making (executives, analysts, and management) and robotics replaces most labor jobs, and AI + robotics replaces most creative jobs (artists, writers, etc.) and AI + VR replaces teaching jobs. In many ways we would avoid capitalism, at least the way it's practiced in reality (crony capitalism), but we also need to make sure that no one games the system - including those controlling it - unfortunately, there is also that problem of human nature. Also the group, government, leadership of the system would have a little too much power and therein reminds us of the quote; absolute power corrupts absolutely, and/or the reality that power brings out and amplifies any character flaws, even those of a benevolent philosopher king. In many regards Capitalism is becoming less usury driven, due to interest rates being so low and in some places negative rates. So, here is the $64 Million question - is it possible to change our current monetary system and could we really do it any better - and is it worth the risk to try? Well, either way it is an interesting place to do a mental experiment isn't it? For more info, please visit here: https://yeekoksiongadvice.jimdofree.com Business Intelligence basically has various applications and also the technologies which are responsible for gathering, storing and also analyzing the data. Apart from this it helps the user to access the required data when it is required at the time of urgency and so this in return helps the user to make better business decisions which are beneficial and advantageous for the growth of the business. Some of the activities which this application largely supports are namely the decision support systems, various queries, reporting, the statistical analysis, data mining etc. All these applications are very essential in today's high tech world which also helps in generating huge profits for the company. This application can be used occasionally whenever there is a need; these are basically specific to one division, project or department and are mostly centrally initiated. Cloud Computing in very simple words is basically responsible for delivering all the hosted services which can be done on the computers with the help of internet. Its name was basically originated from the cloud symbol which was in the earlier times was a very clear representation of the flowcharts and the diagrams. The main three advantages of cloud computing are as follows, firstly it is very much in demand and hence it can be sold any minute or hour, it is very user friendly and convenient to use and a user can have several or just few services in a specified time, these services are basically managed by the provider and you as a user should just have a computer and an internet connection to make use of this extremely wonderful application. Customer Analytics as the name suggests is a method which analyses the customers, his requirements and hence then try to attract maximum crowd in order to generate huge profits for the organization. This application is basically managed by people from all the different departments like marketing, finance, human resources etc but all of them work for the same company .All these people work together and try their level best to figure out the accurate view of the customers so that then they can make the decision accordingly, which will help them in attracting more people towards them. This method helps in identifying the customers who will be beneficial for the development of the company and hence these people make all their efforts to interact with them in the best possible way. Enterprise Architecture manages all the important roles in an organization like for example he has to keep a track of all the requirements of the people working in the organization at all levels, he has to concentrate fully on the whole enterprise and he just cannot sit back and perform the duties which are specific to one project, he is responsible for successfully maintaining the long term views of the company, his responsibility also includes strategy planning, business transformation etc, he is also responsible for getting more business for the company and also to work on increasing the return of the various business activities. This piece of information is shared by Yee Kok Siong, an arbitrageur and an investor. Mr. Siong is a self-motivated entrepreneur who believes that no market is perfect and it is up-to an individual to understand that imperfect gap and business opportunity and make the most out of it. To learn more, please visit here: http://yeekoksiong.strikingly.com What is ICO? Not a really long time ago, Bitcoin underwent the process of coming into existence and holding promises of a potential future, though interpreted and understood as a preposterous step towards digital currency. In the years ensuing the maturation of Bitcoin, the ecosystem of cryptocurrency has detonated. Amidst the aggravatingly accelerating birth pace of freshly launched coins, there is a transaction type called, "Initial Coin Offering" or ICO. An ICO is a tool seeking financial support which involves trade of cryptocoins destined in the long run in exchange with an expeditious value of present cyptocurrencies. According to The Financial Times, ICOs are unsupervised by laws supplying and distributing of cryptocoins where investors can upend money. On the other hand, The Economist describes ICO as digital tokens issued on ineradicable distribution of logs and blockchains. Wrapping up, we can say that ICOs are the new handheld catapult making way for nascent cryptos. Laws: Smith + Crown explains that most ICOs are peddled software tokens which relate to the time before being made available for purchase. In order to circumvent the legal necessities, 'crowdsale' or 'donation' instead of ICOs are the languages used commonly now. Is there a chance that ICO might slow down: In this regard, Crypto Hustle, writes in a recent article that ICO hysteria is because of those people who had adopted Ethereum at the earliest and are now interested in comebacks. So, it can't be presumed whether the phases of pursuit of pleasures will last for long or not but when rectifications come, we will get to see which cryptos stay put. If ICO is a safe buy: If you are a risk-taker and not a risk-shifter, without paying heed to end of capitalism, or to the fact that this very subject matter could bury you into the ground, capital-less, then go ahead, it is your call. Now that we have gathered information about ICOs, let's come to the ultimate question. What is future of ICO: Going by the reports of a survey of 2017, "about 46% of ICOs didn't reach the fruition stage despite raising about $104 million." Causes:
China has banned ICOs and Russia has brought into light a completely different set of rules and regulations for ICO with the promise that investors can sell back their tokens. Promotions of ICO in Google and on face book are difficult, and Twitter deliberately banned scam crypto accounts. Higher authorities believe that the block chain has a living future but ICO? Its future is rotting inside its own skin of struggles to cross that extra bridge to prove their credibility. So, yes. Death of ICO is really looming large in the air, and before we know, it might blend in and disappear like it never existed in the economy. But still there are some coins which can turn to next Bitcoins so you have to be on the lookout for best ICOs. There are many upcoming ICOs like WEMARK, UBCOIN, TRUSTED CARS FLEX, TOKEN CHANGER, and ALTINDEX which you can invest in if you are a risk taker. To read more, please visit here: https://yeekoksiong.kinja.com Cloud mining allows you to access data centre processing capacity and obtain cryptocoins without the need to purchase the right hardware, software, spend money on electricity, maintenance, and so on. The essence of cloud mining is that it allows users to buy the processing power of remote data centres.
The whole cryptocoin production process is carried out in the cloud, which makes cloud mining very useful for those who do not understand all the technical aspects of the process and do not want to run their own software or hardware. If electricity is costly where you live - for example in Germany - then, outsource the mining process in a country where electricity is cheaper, such as the US. Types of Bitcoin cloud mining: There are currently three ways to conduct mining in the cloud:
What are the advantages of Bitcoin cloud mining?
What are the disadvantages of Bitcoin cloud mining?
Risk of mining in the cloud: The risk of fraud and mismanagement is prevalent in the world of cloud mining. Investors should only invest if they are comfortable with these risks - as they say, "never invest more than what you are willing to lose." Research social networks, talk to old clients and ask all the questions you consider appropriate before investing. Is cloud mining profitable? The answer to this question depends on some factors that affect the profitability of investments. Cost is the most obvious factor. The service charge covers the cost of electricity, accommodation and hardware. On the other hand, the reputation and reliability of the company is a determining factor due to the prevalence of scams and bankruptcies. Finally, profitability depends on factors that no company can predict or control: just remember the high volatility of Bitcoin in the last three years. When you buy a mining contract, it is better to assume a constant price for Bitcoin, since your other alternative is to buy bitcoins and wait for the price to rise. Another important factor is the capacity of the entire network, which depends on the number of operations per second. Over the past few years, power has increased exponentially. Its growth will continue to rely on the value of Bitcoin and innovation in the development of integrated circuits for particular applications. This piece of information is shared by Yee Kok Siong, an arbitrageur and an investor. Mr. Siong is a self-motivated entrepreneur who believes that no market is perfect and it is up-to an individual to understand that imperfect gap and business opportunity and make the most out of it. Click here to learn more! Since 2008, there has been a continuous increase in the popularity of binary options trading, and with the increasing opportunities, the demand for reliable and accurate binary options broker platforms has also increased. This need has grown because of the unfortunate increase in the digital options scams in the market whose sole purpose is to sell the investors binary options platforms that are not reliable and tested. To make sure you select a reliable and tested digital options broker program, you must ensure some important features and requirements for the binary trading software. Important Binary Options Broker Features discussed by Yee Kok Siong, you need to check before choosing one: 1) Simple yet instinctive user interface: Traders must have such interface that they spend more time in trading and less time in understanding the complex features and updates of the software. The software must be such that it should accessible from anyplace at any time. 2) Software must avail multiple asset investments: Software that offers varieties of assets for investment is much more reliable than others. A trader must be availed options to invest into different market assets from platforms like forex, indices to stocks as well as commodities. Such feature of ability to invest in multiple market assets helps traders to gain maximum profits from their trades. 3) Choose a broker which provides an appropriate expiry term: Different binary trading brokers provide different expiry periods such as Weekly expiry period or hourly expiry period or an end of the day option to the traders. But it is essential that you select the one which provides maximum expiry periods. 4) Choose a software which provides maximum Payout Percentage: Choose a digital options brokers which provide maximum payout percentage to their traders. By maximum, you can select the one binary trading platform that can offer at least 75% to 90% payout percentage for every won and lost trade and for the unsuccessful trade, they must pay minimum 5% to 10% returns. 5) Choose broker that demands minimum initial deposits: A trader must be able to open a free binary trading account on the website and also should not be demanded to provide high initial deposits. 6) Various Payment options: Standard binary options trading brokers provide various payment windows such as Paypal, bank transfer, credit card, etc. Look for one such broker that provides multiple payments as well as withdrawal options. 7) Higher bonuses with good Tech Support: Some popular and preferred brokers offer up to 25% bonuses to their investors depending upon the turnover as well as the initial deposit amount received from the traders. These kind of trading platforms are preferable and profitable to traders. Traders also must get customer support and some good tips and news from the brokers along with accurate and proper assistance. Also read: Understanding Binary Option Strategies by Yee Kok Siong Gold is considered to be the most widely used commodity for international trading in current times. There are various reasons behind the selection of the gold. In future trading, the selection can be made with a low cost; no commission charges and trading can also be done with leverage. Moreover, the internet based platforms are quite simple and easy. Likewise, the gold binary options trading is a latest way of trading gold from an international platform and earning the profit by indicating the price shift of gold in the upward or downward direction.
Binary trading of gold is not different from any other binary trading conducted on other assets or commodities. The trader has to identify the price shift of the gold at a pre-determined time and in case of the right identification, the trader is entitled to get the profit. In case of failure, the trader is likely to get nothing or just 15% rebate on the value of investment. It is the reason why binary trading is called as binary because of the two possible outcomes. All the binary options traders are well aware about these conditions before entering into the gold binary trading. Also read: Try CryptoCurrency If You Thought You Missed The Internet Profit Revolution Many binary options brokers offer gold as the top commodity for taking part in binary options trading. Unlike futures trading, gold binary trading is a bit easy and simple to understand. In futures trading, the trader has to buy the gold at the prevailing price and wait for the changes to occur. In binary trading, the trader has to predict the price of the gold at a certain time period rather than buying it. The trader can set specific conditions in gold binary options trading that are not possible in the traditional futures trading. For instance, when a trader thinks that gold will not establish a likely trend in the commodities market with the strong position in control, it gets impossible to earn profit in such market condition. However, by trading gold double no touch binary options trading, a trader can predict that the price of the gold will not hit the identified upward or downward value within the specific period of trading. If it comes out to be correct, the trader earns good sum of money over his investment in gold. Thus, binary options gold trading is a very much in form trading in today's world due to the fixed risk and high rate of returns. To learn more, please visit here: https://yeekoksiong.kinja.com/ It's true that binary trading is profitable; however, you need to do it right. Studies show that most newbies make plenty of mistakes that result to them having unpleasant experiences with binary trading. To have a great experience and also make profits you need to avoid making these mistakes discussed by Yee Kok Siong a forex and currency trader:
Jumping in It's common for people to jump into something simply because they have heard that it's profitable. This shouldn't be you. While binary trading is profitable, you shouldn't start trading with the first broker that you come across. You should take your time to research and find a reputable broker who will guide you through the process. The professional should have an easy to use trading platform. He/she should also have a detailed resource page that gives you all the information that you need to kick start your career as a binary options trader. The cool thing is that you don't have to leave your desk to research about the trading broker that you are interested in. There are plenty of review sites that you can visit and get to know more about the broker. Failing to learn how to trade In the haste to make money, most traders don't take their time to learn how to trade. Most of them follow what experienced traders are doing. Others use trade copiers and robots to trade. While you can use a robot or copy the trading patterns of some experienced traders and make some money, you can't do it long term. In fact, chances are that you will make more losses than profits when you do this. To increase your chances of success in binary trading you need to take your time to learn how to trade. The cool thing is that most of the binary trading brokers provide demo accounts that have the same features present in real accounts. You use the virtual money thus you don't have to worry about losing money. Before you can invest your money in a real account you should make use of these demo accounts and learn the ins and outs of binary trading. Not making use of the stop loss features You may have come across traders who say that they will never trade again as they lost all their money overnight. If you research you will find that most of them lost their money because they didn't make use of the stop loss feature. This is a feature that allows you to set the maximum amount that you are willing to lose. With the feature in action, you don't have to worry as you can't lose a lot of money in the event the market goes against you. Gambling It's true that binary trading is all about taking risks but it isn't the same thing as gambling. In binary trading, you make an informed risk after you have read the market for some time. Some people make the mistake of opening many trades with the hope that some of them will make profits. In the end, they lose all of their money. To avoid making losses you should trade-not gamble. This means that you should research and find the direction that the market is more likely to tip and it's only after this should you open a trade. To learn more, please click here |
About Mr SiongAn arbitrageur and an investor and in the eyes of banker an HNI. Mr. Siong is a self-motivated entrepreneur who believes that no market is perfect and it is up-to an individual to understand that imperfect gap and business opportunity and make the most out of i Archives
December 2018
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