If you are a newbie to the online trading world and wish to create wealth, this blog will help you understand all the terms. 

So let’s go ahead and understand what is online trading and how you can find the best online broker by looking into broker reviews and ratings in this article.

What is Online Trading?

Online trading is a process that uses an electronic interface to make it easier to buy and sell financial assets such as mutual funds, stocks, bonds, sovereign gold bonds, derivatives, stocks, ETFs, and commodities.

Earlier, the buyer and seller had to meet physically to buy and sell the asset and commodities. Not to forget, it involved tons of paperwork and verification processes. 

There are many online trading websites and apps from which you can choose to buy and sell stocks, ETFs, and other assets. Moving ahead, let’s see how you can trade online in the next section.

How to Trade Online?

With the rise in popularity of the share market, more and more people want to invest their money in company shares. 

However, we have seen new investors getting confused about the trading process. Don’t worry, we have simply explained the entire process in this section.

• Step 1: Start by Selecting a Stock Broker 

  Find different brokers online and do thorough research to learn about their reviews and ratings. Check out their features, fees, and customer support.

• Step 2: Open a Demat and Trading Account

  The next step is to open a specific account for trading called Demat account. Enter your information and complete the documentation to get started. 

• Step 3: Gain Knowledge about the Market

  There’s no quick money scheme in the stock market. It is proven that people who have generated decent wealth are those who have invested their money wisely for a longer period. Learn about different stocks and pick out the ones best for your financial goals. 

• Step 4: Buy, Sell or Invest 

  Once you have finalized which stock, mutual fund, or ETF you want to invest in, go ahead and purchase them by linking your bank account. You can also choose to sell them anytime you want by clicking on the Sell button. The money will be credited to your linked account. 

So, this is the method of online trading. Now that we know about it, let’s go ahead and look at its benefits.

What are the Benefits of Online Trading?

Your online investments can act as a shield during tough times. Moreover, it can be liquidated easily. Online trading offers tons of benefits, which include:

• Less Expensive: Online trading platforms charge minimal fees compared to traditional brokerage services. This is what makes trading feasible for all types of investors. 
• Convenient Processes: One can buy and sell assets from the comfort of home. These online platforms have user-friendly interfaces that are suitable for beginners. 
• Investment Analysis: You can monitor your investments and strategies, check stock prices, and make decisions based on the data.
• Complete Control: With online trading, you get to decide when to purchase, when to sell, and how much money to invest. Your online broker does not interfere in anything. You get complete control over your financial portfolio and its management. 

So, these are the benefits of trading online. As we now know, selecting a good online broker is important to start your trading journey. Let’s see how to choose the best one for yourself in the coming section.

How to Find the Right Broker for Online Trading?

The profitable investing journey starts by finding the right online broker that understands your experience and financial goals. While there are so many online brokerage services out there, here is a breakdown to help you select the one that aligns with your goals.

• Step 1: Know Your Financial Goals: Decide on what type of assets you want to buy, and whether you will be an active or passive trader.
• Step 2: Check Security Protocols: Do your research and check its online security protocols and account protection laws. 
• Step 3: Fees and Offerings: Different online brokers charge different fees. Do your research and check out all the features offered by the websites. Compare them with one another. 
• Step 4: Customer Support: The last thing after filtering the options is to connect to each one’s customer support. You can choose the one with a great customer support helpdesk to get complete assistance when needed. 

We hope you now understand everything about online trading and how to find the right brokerage platform. We wish you luck and success at the start of your trading and investing journey.

The post What is Online Trading and How to Find the Best Online Broker? appeared first on A Place to Satisfy Your Inner Geek.

Crypto trading software is a platform that allows people to trade digital assets, and it provides its users with the assistance and support they require for profitable trading. 

The development of cryptocurrency trading software has enabled novice traders to trade cryptocurrencies without any prior experience or skills.

There are currently hundreds of crypto trading software programs available that claim to help people trade. Immediate Momentum is one such platform that has received a lot of attention on the internet. 

Immediate Momentum is claimed to be highly effective software that will assist traders in democratizing finance with innovative crypto solutions by providing them with the necessary analysis and assistance for profitable trading. 

What is Immediate Momentum?

Cybersecurity engineers, fintech experts, and tech enthusiasts founded the trading platform. 

The goal of Immediate Momentum is to run a smooth and secure crypto platform with a focus on security, transparency, and trust. 

Immediate Momentum’s team has created a platform that its traders and users can rely on, with fast trades, excellent resources, and strong security.

The trading platform has an easy-to-use interface that allows traders of all skill levels to gain exposure to the market’s largest cryptocurrencies and online assets, such as Litecoin and Ripple.

Immediate Momentum also provides users and traders with global access to a wealth of valuable trading tools, such as charts and reports. Immediate Momentum prioritizes security and adheres to industry standards, allowing you to trade crypto and virtual currencies with confidence and peace of mind.

Basic Overview of Immediate Momentum

How Does Immediate Momentum Work?

Let us take a look at how Immediate Momentum works. When you sign up for Immediate Momentum, you will be able to access your account from your smartphone, tablet, or laptop. 

The first thing you should do after logging in is create a profile and then invest money in your account. You can begin trading once these two tasks are completed. 

While trading with Immediate Momentum, the platform will provide you with algorithmic market analysis, which includes real-time market data, any changes or fluctuations in the value of any cryptocurrency, the historical value of a digital asset, and so on. The software will also alert you to any lucrative opportunities that arise. 

Overall, we can conclude that, just like other cryptocurrency trading platforms, Immediate Momentum is also based on blockchain technology.

 In order to develop a deep understanding of the mechanism, users must have a good understanding of the workings of the blockchain in Bitcoin, making the concept of value storage necessary to understand.  

Let’s go through the concept of store values in the next section.

Bitcoin as a Store of Value

With high inflation, rising gas prices, a difficult war in Ukraine, and falling stock prices, many traders and citizens are beginning to fear an economic downturn.

 As a result, traders are attempting to shift their funds away from more speculative instruments and assets and toward safe and recession-proof assets that can provide greater stability.

What is a store of value?A store of value is defined as an asset, currency, or commodity, such as gold, that retains or holds its value over time without depreciating. Keep in mind that stores of value are typically safe and stable assets with low risk and steady but slow gains.

However, keep in mind that the value of Bitcoin can be highly volatile and subject to sudden market fluctuations. Not only that but the value of Bitcoin can be influenced by other factors, such as regulatory developments and adoption rates.

How to Use Immediate Momentum?

Immediate Momentum is a very simple platform to use, and you can get started with it in three simple steps. Let’s take a look at them:

1. Sign Up: The first step in using Immediate Momentum is to create an account on the platform. By completing a registration form cited on the official website, you can open an account. After you have created an account, you can sign up for the platform using any smart device you want.

2. Deposit trading funds: The second step in using Immediate Momentum is to deposit funds into your account. After successfully registering your account on Immediate Momentum, you will need to fund your account in order to begin trading.

3. Trade Now: The final step is to trade with the money you have saved. When trading, you will be provided with real-time market data and insights. Immediate Momentum has a unique feature in that you can adjust the level of assistance you require from the platform based on your experience, skill, and risk tolerance.

How To Register at Immediate Momentum?

It is very simple to create an account on Immediate Momentum. When you visit the Immediate Momentum official website, you will see a registration form that must be completed in order to create an account on the platform. 

• When you fill out the form, you will be asked to provide the platform with information such as your name, phone number, email address, and country of residence. 

• After you have completed these steps, click the Trade Now button, and your account will be registered with immediate momentum in a matter of minutes. 

• After registering your account, you will receive a confirmation email from the Immediate Momentum team, and you will be able to access your account on the platform’s official website using your email address.

By following these steps, you can register on this amazing cryptocurrency trading platform.

Advantages and Disadvantages of Immediate Momentum

Let’s take a look at some advantages and disadvantages of immediate momentum:

FAQs

The post Immediate Momentum Review: Leveling Up the Crypto-Trading Game appeared first on A Place to Satisfy Your Inner Geek.

If you find bitcoin trading intriguing and want to learn all the ins and outs, this blog is your friend. 

Here we have discussed the step-by-step process of Bitcoin trading, and all the fundamentals that investors need to know. So, without any further ado, let’s get into it!

What is Bitcoin Trading?

Bitcoin trading is a procedure of buying and selling BTC through Crypto trading platforms like BitAi Method. 

There are many ways to trade BTC which include, via derivative financial instruments like Contracts for difference. 

Trading via this method offers great liquidity, and flexibility to the investors depending on the price change. 

Simply put, Bitcoin trading is the process of buying, and selling BTC for profit gains. 

Bitcoin trading might sound simple, but it needs a deeper understanding of the industry.

 Moreover, one needs to be well-equipped with crypto trading tips for beginners, rules, and regulations and must be familiar with the risks. 

Now that you know what bitcoin trading is, let’s go ahead and look at the steps for the same. 

How to Do Bitcoin Trading?

After gathering enough information and knowledge, you can proceed with Bitcoin trading. We have listed the step-by-step guide below. Just follow through the entire process. 

Step 1: Sign up for a cryptocurrency trading platform.

The first step that one has to do for Bitcoin trading is to open an account with a crypto trading platform like BitAi Method or Crypto.com. 

All you need to do is choose your preferred platform with a user-friendly interface, create your account with your personal information, verify your identity, and fulfill the Know Your Customer (KYC) process. 

Step 2: Add money to your account.

Once you have created your account, navigate through the account dashboard to get familiar with the functions. 

From here, go to the banking section to add your digital wallets or bank account. 

After adding the payment method, add money to your platform wallet. The crypto platforms accept all the major bank accounts and payment wallets.

Step 3: Choose BTC to invest.

Now that you have money in your wallet, explore the Bitcoin charts and other cryptocurrencies available on the platform. 

Choose the quantity of Bitcoins you want to purchase, and select the mode of payment to complete the transaction. 

Step 4: Purchase Bitcoins and know about trading bots.

Your purchased Bitcoins will be stored in your wallet. Now you have to analyze the market data, graph, and price to start trading Bitcoins. 

You can also take support of Trading bots that help to make detailed market analysis and future predictions. Or, you can trade with your strategies to make profits. 

Step 5: Manage and store your Bitcoins.

Depending on the holding period, there are two wallets available. If you are an active trader, you need to store and manage your assets through the exchange wallets. 

However, if you wish to hold the BTC for a longer period, you can even purchase more secure Bitcoin wallets available in the market. 

So this is the entire process of Bitcoin Trading. Not everyone can make profits with this method as it involves a very strategic framework.  

Let’s look at some of the best Bitcoin trading strategies in the next section. 

Bitcoin Trading Strategies 

These are the Bitcoin trading strategies that you can use to make profits in the cryptocurrency market:

This is the most common trading method, also known as intraday trading. In this, the traders enter and exit the positions within the same day. It is suitable for people who want to make profits with BTC in the short term. 

Please note that Crypto is a highly volatile market, so the profits and losses depend on market fluctuations. 

Bitcoin’s swing trading strategy is based on assumptions where the traders can take advantage of both the ups and downs of the market. 

It is less stressful than day trading but requires a lot of experience to get the idea of fluctuations. 

It is also known as trend trading and is ideal for long-term investors. In this strategy, you purchase BTC and hold it for a long period to make profits in the future. 

With this, the market movement is easier to predict, but the investors can only get profits after a certain period. 

It is the riskiest Bitcoin trading strategy where traders focus on extremely short market periods. You can make small yet frequent profits with every market fluctuation. 

So these are the strategies you can incorporate in your Bitcoin Trading game. Moving ahead, let’s understand the factors affecting Bitcoin Trading. 

Factors Affecting Bitcoin Trading

Some key factors play a huge role in Bitcoin trading. Let’s discuss each of them here. 

• Market Capitalization Value: Bitcoin being the largest and one of the most expensive cryptocurrencies in the world has the biggest market capitalization. These statistics make it the most sought-after crypto investment for a long-term goal. 
• Key Events and News: Any important news or event in finance or other industries directly affects cryptocurrency prices and market movements. The overall Bitcoin market is affected by key events. 
• Supply and Demand: The crypto market works on the principle of demand and supply. There are a finite number of Bitcoins that will ever exist, so the market price depends on when there are BTCs available or unavailable in the market. 

While Bitcoin Trading holds big opportunities, it is still quite new and largely fragmented.

 However, if you want to start your Bitcoin trading journey, we are sure that this blog will help you with the process. 

Please make sure to learn everything about the investment terms, market volatility, crypto performance, and market risks before trading.

The post The Only Bitcoin Trading Guide You Need! appeared first on A Place to Satisfy Your Inner Geek.

These are the newest investment options for crypto traders and investors. While so many AI cryptocurrencies are available in the market, we analyzed many of them and found the best ones. This blog presents the list of top AI cryptocurrencies and how to purchase, manage, and store them safely. 

So let’s get straight into it!

Note: The lack of uniform regulations in the crypto industry raises questions about its security, longevity, and liquidity. Make sure to have deeper knowledge and know about the crypto investment tips for beginners before taking risks and investing in cryptocurrencies. 

What is AI Cryptocurrency?

AI coins are crypto assets that use Artificial Intelligence to enhance the overall user experience within the blockchain network. These AI-powered tokens comply with government rules to facilitate transactions within the trading ecosystem. 

Like other virtual currencies, AI crypto is created, distributed, traded, and stored using the decentralized ledger method known as blockchain. If you’re already an investor, it’s best to incorporate AI in your asset portfolio. 

Now that you know about AI cryptocurrencies, let’s go ahead and see the best ones to invest in the next section.

Top 8 AI Cryptocurrencies for Investors 

The potential of AI in the world of crypto is huge, so it is the best time for investors to add them to their investment portfolio. There are many AI coins and AI crypto projects that are doing great in the market today. Therefore, based on our investment preference, here is the list of top-performing AI cryptocurrencies you should invest in:

(We have curated this list on the basis of market capitalization, market trends, investment opportunities, and future predictions. Cryptocurrencies are highly volatile assets. So make sure to do your detailed research, and consider your risk appetite before investing in any cryptocurrencies.)

The graph is one of the biggest AI coins available in the market. It is an open-source protocol that uses distributed ledger technology to gather data without any intermediary. It has a market capitalization of $755,742,056 and leverages GraphQL language to enable easy accessibility. Its native token is known as GRT, which can be purchased on all crypto exchanges and trading platforms such as Biffy AI.

The next on our list is SingularityNET, which allows investors to build, share, and monetize AI services. It has a dedicated marketplace to pay for AI services. The developers make money with its model. Its utility token is known as AGIX and uses a decentralized governance system. With a market capitalization of $211,424,846, it is one of the most expensive cryptocurrencies.

It is a machine learning and AI learning-based crypto coin that uses an open-source decentralized blockchain network. Fetch.ai is designed for automatic business tasks such as data processing, assigning works, and trading. Its native coin is available as FET and stands at a market capitalization of $171,935,545. 

The next on our list is Ocean Protocol, which has gained a huge number of crypto traders recently. Its utility coin is Ocean which you can buy from Biffy AI or any other crypto-purchasing platform. It is a part of Crypto index funds. With a market capitalization of $409,726,935, it is evaluated to give promising value to investments. 

iExec RLC is widely adopted by more than 83 million investors. RLC tokens comply with Ethereum and can be easily stored, transferred, traded, and used as payment. The blockchain platform monetizes computing power and gives access to computing cloud resources. The token is known as RLC and has a market capitalization of $70,520,824. 

It uses the decentralized method of trading. Injective Protocol enables secure and streamlined peer-to-peer trading without any intermediary. Its native token is INJ and has a market capitalization value of $627,880,591. 

Render is another AI coin that runs on an Etherium-based blockchain network. Render’s blockchain network can generate visually appealing and high-quality images and content at reduced cost and faster speed. Its market capitalization is $648,247,950.

Oasis is a privacy-enabled blockchain network with a market capitalization of $648,247,950. Its native utility token is ROSE. Its robust and secure architecture differentiates it from its competitors and makes it a potential powerhouse of new web applications. 

Note: All these AI Cryptocurrencies that we have listed above are available on Crypto Exchanges and Trading platforms like Biffy AI. 

How to Purchase AI Cryptocurrencies?

You can purchase any AI cryptocurrencies from crypto exchanges or trading platforms such as Biffy AI. To do so, you first need to create your account on the platform with valid documents, verify your identity, and then link your digital wallet or bank account to add fiat currency. 

After doing so, go to the AI cryptocurrencies page on the platform, and explore all the options available. Once you have chosen the one to purchase, enter the amount and tap on the Buy button. 

The purchased crypto will be reflected in your online investment portfolio of Biffy AI. 

Now that you’ve successfully made the purchase, all you need to do is manage the crypto assets properly. Let’s see how to do it in the coming section. 

How to Manage AI Cryptocurrencies?

The crypto assets automatically go into the free wallet provided by platforms like Biffy AI or crypro.com, from where you’ve purchased them. In these wallets, you can store private and public keys, and necessary crypto details, and even sell or trade them anytime. 

However, if you wish to make your assets more secure, you can store your keys in offline cold wallets that are a thousand times safer than hot wallets. But please keep in mind that, unlike hot wallets, if you lose your credentials, you won’t get support to regain access to your keys. 

The Future of AI Cryptocurrencies 

We don’t have any doubt in saying AI is the future of cryptocurrencies. It can help blockchain technology to improve the connection, invent new algorithms, and streamline the process. There are many AI coins already available for the investors in market today. 

The application of Artificial Intelligence can transform the whole cryptocurrency sector. The major changes can be seen in data providers, investment tools, and regulations.

The post Top AI Cryptocurrencies for the Crypto Investors appeared first on A Place to Satisfy Your Inner Geek.

Key Takeaway

• There are an array of trusted trading platforms in the market that use safe technology to trade. Using one single interface, users can optimize their crypto trading strategies for years. 
• Users get to personalize their watchlist accordingly and track their respective online asset movements plus enjoy various technical analysis tools like charts for the best trading decisions. 
• Users get to make the best use of the high-speed data processing of these trading platforms.

With the growing interest of the masses towards the cryptocurrency world and trading, it has become imperative to at least understand the Crypto strategy and analysis plus have some chart analysis to make perfect financial decisions. The coming graph showcases how cryptocurrencies used by several countries have increased with time.

It is necessary to monitor and track the cryptocurrency and online asset portfolio and track every asset closely. The trading platform in the market that uses safe technology to trade and help users enhance their asset related practices. Using one single interface, users can optimize their crypto trading strategies for years. 

In the article, we will discuss the empowering customizable trading platform and its related optimizing and monitoring strategies.

Know the Trading and Trading Platform

Trading is getting on trends and involves various successful trades around it and for the same reason people are picking it as an investment option. 

There are various efficient trading options present to offer financial opportunities to the user to deal with trade-resulting problems and even provide tools to manage properly. These platforms are highly accessible and easy to sign in with, hence comforting even for beginners themselves. 

All the work is digital which involves no manual money inputs. All that comes helpful in trading and trading platforms is through the right strategies which need to be learned with trials and other gains and losses. They have mostly got a friendly interface to assist users in every step around using their comprehensive portfolio. 

Why are Trading Platforms Needed?

In the current trading world, unveiling the right pattern and making the right strategy for crypto assets is challenging. One needs to adhere to some changing market values and anticipate events to make the best decisions. Trading platforms like granimator.io designed today have extraordinarily advanced features, and some of them have been listed below.

• Simple-to-Use Intuitive Interface: The dashboard present is user-friendly with all details regarding the latest prices and trends of the cryptocurrencies such as Bitcoin and Ripple. 

• Customise As Per Wishlist: Users get to personalize their watchlist accordingly and track their respective online asset movements then and there. It is possible to add or remove coins whenever required or needed. It provides a competitive edge while giving the deep trading analysis altogether with assisting charts.

Do You Know:  In 2012, one of the known cryptocurrency exchanges, Coinbase was founded. 

• Technical Analysis Tools: These platforms have various technical analysis tools like charts, indicators, and overlays which will help the user make the best trading decisions. 

  Interestingly, many of these tools are built for the growth of the user itself as they self-direct the trader to make the most suitable decision. 

• High-Speed Processing: Be on top of the crypto market and make the best decisions by staying close to the Crypto market’s slightest deviations. Users get to make the best use of the high-speed data processing of these trading platforms.

• Get Alerts: The user stays notified whenever their needs and preferences are matched. The trading platform will adhere to any trading volume increase and notify when any of the required cryptocurrencies makes the pace. 

  This feature helps the user stay alert and make a high-speed evaluation of their next trading step and therefore remain competitive in the market than others. 

• Multi-Currency Support: Major trading platforms help users to trade in varying currency to meet their needs and demands. One can easily manage their asset portfolio in their convenient local currency which is later switched instantly between any fiat and cryptocurrency.

These were some of the features that acted advantageous for the user and helped them dominate the asset market. More likely the asset portfolio seems to rise in use and be managed properly using such efficient technical portfolio tools. 

Interesting Fact:  The word cryptocurrency was included in the Merriam-Webster dictionary at the beginning of the year 2018.

How Trading Platforms Can Help Escape Trading Mistakes and Pitfalls?

As cryptocurrencies become one of the popular investment assets, so has the use of trading platforms. There are a plethora of reasons why users delve into them for making the right choices and staying aloof from any mistakes and pitfalls.

Here are some of the reasons why trading platforms assist their onlookers.

• These platforms are helpful for beginners who are beginning to learn as there are valuable tips, insights and tutorials to ensure right execution plans. They help in knowing the related queries as simple as “What are the crypto exchanges and how do they work?”

• Portfolio management helps traders to stay connected with detailed reports and data analytics for optimizing the better strategies altogether.

• Knowing the data around various cryptocurrencies and other online assets with historical prices and market price volumes in the trading platforms assists users in making the right decisions.

• There are alerts for any wrong call like technical indicators even for users’ preferences or needs are made.

Most of these platforms are powerful in streamlining the whole process of trading and assist the user in trading from anywhere, 24/7. 

Closing Thoughts

Trading platforms have become overwhelming sites and pages for potential users who require help in the development trading phase itself. These platforms have become quite fundamental in providing the right database and logistics related to various cryptocurrencies.

They also assist in streamlining every related market deviation with data, and charts, and therefore are friendly even for beginners. Interestingly, they have more currency options for users to choose from and support trading 24/7, something applaudable. 

The post Trading Platform: One Shop to Execute Daily Trading Wisely appeared first on A Place to Satisfy Your Inner Geek.

Key takeaways:-

• Investing is a process of putting your money with an expectation of profits or marginal benefits. 
• Protect yourself from financial vulnerability by deploying the right tools. 
• Decide your trading style and strategy and keep an eye on the market movements. Plan your journey, keeping your objectives in the frame. 
• Practice using the demat account and hop into the realm of trading to earn fortunes. 
• Follow quick tips and make more informed decisions. 

If you want to make your money work for you the way you want, the only way is to start investing. This is quite simple like you put effort into it. Following the practice of investing over time will help you to grow your invested funds.

However, the high failure rates of the individuals in the market might scare you, and that’s why choosing the trading platform that is advanced and reliable is considered to be a wise choice. 

Trading to invite fortunate benefits also requires incorporating certain traits in your trading practice as a trader. But, if you are a beginner and want to kick-start your training journey with an aim to minimize the risk of losses and open up opportunities to make benefits, you need to follow the right approaches. 

This article will assist to acknowledge the important attributes of a good trader along with tips to trade effectively. 

How to Trade Effectively?

If you ever wanted to trade but don’t know how to begin. It’s not too late, yet. Follow the tips and tricks discussed below to broaden the horizons of your visions and scan what the best can be done to outperform in the trading world. 

Research and Deploy Risk Management Tools

It is necessary to deploy a shield to protect yourself from getting more vulnerable while trading. For this, you can research and deploy several risk management tools, and filter the list based on the attributes that resonate with your criteria, such as putting a limit. These tools will assist you in closing your position when the market is not in your favor. 

Study and Incorporate Your Trading Style and Strategy 

You need to decide the frequency of activities you will be interested in performing. Also, you have to identify the right strategy by analyzing the market performance and doing fundamental and technical analyses. For this purpose, you can scan the reliable tools available to perform these assessments. 

Create Your Trading Plan

Every trader has a unique style of investing their money to invite fortunes. Similarly, they also have a unique course of action. 

For example, scalper and swing trading are the two types of practices people follow according to daytradetheworld.  So, if you aim to raise your purchasing power and be in the winner’s circle, you should create your plan which can include the following:-

1. Defining the assets you are interested in trading with. 
2. Funds to spend in a position
3. Risk management approaches
4. Frequency of activities, and much more.

This will help you to make informed decisions and keep yourself well-prepared to tackle negative fates. Also, learn from your mistakes and try not to repeat them. 

Open a Demat Account

Explore and find out the most reliable, secure, and advanced platform to start your plan of action. Register on the platform to begin your trading journey. Now, it’s time to do practice, practice, and a lot of practice, unless and until you gain enough confidence. Once you find yourself in a position to take on real challenges, you can upgrade to the live account. 

Do you know? According to Statista, 58% of adults in the U.S. have invested in the stock market. 

Upgrade to the Live Account 

Slide into the real trading world once you are ready to take up real-time challenges. It’s time to be more careful and keenly observe every other activity. Implement your strategies and tips & tricks that you have discovered during your research and practice phases. 

Quick Tips to Keep in Mind While Trading 

By now, you must have understood the pathway to welcome yourself into the realm of trading. Now, let’s take a look at a few tips and tricks which can help you once you have entered here. 

• Be confident in your planning and be disciplined with it. 
• If you are aiming for long-term profits, you might find yourself losing the crowd. 
• Keep updating your plans and put in hard work to earn rewards. 
• Avoid following the obvious approaches, keep an eye on red flags for you. 
• Put efforts into your strategic decision-making for making fruitful gains. 
• Don’t take small losses too seriously, focus on avoiding the possible big disaster. 
• Use tools wisely, remember they can’t think but YOU CAN!
• Remember, to follow effective risk management and skillful profit-making approaches, there is no secret formula to skip losses and invite profits. 
• Stay calm and peaceful to keep your conscious fully awake while you are dealing with funds. 

These were the quick tips and tricks that would help you to ace your game! 

Concluding Words

It’s tough to tap into your full potential at the very beginning of your trading journey. However, the methods explained above can help you to crave your approaches tailored to target your objectives effectively. Also, you need to monitor the potential risks irrespective of your frequency to trade to avoid the trauma of big financial losses. 

Besides this, always keep up with the trends to stay updated about the modern practices implemented by the master traders. Regularly invest time in upgrading your skills and polishing them to unlock the pool of opportunities in the trading world. 

Hope you enjoyed reading it, all the best for your trading journey!

The post How to Start Trading Like a Pro in 2023! – [Quick Guide] appeared first on A Place to Satisfy Your Inner Geek.

Key Takeaways

• Ripple Lab created a RippleNet network enabling real-time settlement of transactions using cryptocurrency. 
• Ripple was accused of raising 14.6 billion from 2013-20202 without submitting any registered paperwork required.
• The judgment favored both parties, giving them partial victories.
• The outcome of the lawsuit can alter the regulatory landscape of the cryptocurrency industry. 

The Securities and Exchange Commission (SEC) sued Ripple Labs and its CEOs in 2020, alleging Ripple was using XRP for fundraising purposes instead of its intended usage. 

The SEC said that Ripple promised billions of XRP in exchange for non-cash services and conducted an unregistered initial public offering (IPO) of XRP, selling tokens to investors globally without proper registration.

However, in a recent ruling, the judge presiding over the landmark SEC v. Ripple case, Judge Analisa Torres, found that the cryptocurrency company had not broken any laws relating to securities when it sold its XRP token on open markets. This crypto guide article will discuss everything you need to understand about this lawsuit. Let’s get started.

What are the SEC’s Allegations Against Ripple?

Ripple Labs was established in 2012 to give financial institutions access to speedy and affordable international money transfers through their RippleNet network. The company created it to enable real-time settlement of transactions using the cryptocurrency XRP to make this a reality. 

When Ripple Labs’ founders used XRP as a digital asset to generate money in 2013, it eventually served more purposes than those it was first intended for. The SEC accused them (along with two of its employees: Christian Larsen and Brad Garlinghouse) of selling unregistered securities worth more than $1.3 billion to the general public using their company-offered XRP over several years. 

Transactions from 2013 until late 2020 that accounted for the sale of more than 14.6 billion XRP for cash were disclosed in the SEC filing. Moreover, the SEC said Ripple never submitted registration paperwork, which is necessary for businesses operating in the capital market when looking to raise money from the general public. 

In action, the regulator alleged that Ripple had “created an information vacuum” by withholding information it did not deem necessary to divulge. They, to put it simply, sought to conceal it.

According to the SEC, XRP is security; since security might be any other analogous entity that serves no other purpose, it is often a financial instrument that can be traded and denotes ownership or a portion of a corporation.

How did the SEC Qualified Ripple as a Security?

The SEC used the Howey test, according to which, determining whether an investment contract qualifies as a security for purposes of the Securities Act of 1933 and the Securities Exchange Act of 1934 is vital. 

It is rather straightforward that it is projected as security if investors do not influence the asset. So, did XRP meet the criteria of the Howey test?

According to SEC laws, securities must be registered with the SEC, and some financial information must be made available to the public. 

The goal is to safeguard investors’ interests while guarding against fraud. In the end, the SEC found that XRP met the criteria of the Howey test and is a security.

Do You Know?
 The Ripple company was founded by software developer Ryan Fugger in 2004, even before Bitcoin was introduced in the market. It was later co-founded in 2012 by Chris Larsen and Jed McCaleb. 

What is the Judgement?

On July 13, 2023, the Southern District of New York (SDNY.) The United States District Court delivered its eagerly anticipated ruling on the case. The SEC and Ripple Labs received partial victories in Judge Analisa Torres’ decision, granting some of each party’s requests.

Judge Torres ruled that XRP is not an investment contract that satisfies the Howey test standards since it is a digital token and not a “contract, transaction, or scheme.” The court specifically said that the circumstances of each type of transaction must be considered, rejecting the concept that all tokens are securities. 

As such, it amounted to four different transaction types for Ripple Labs, three of which Judge Torres said did not qualify as securities transactions. Ripple’s written contracts-based sales of XRP to institutional investors fall within the category of transaction types deemed to be securities.

The sale of XRP by Ripple to programmatic buyers (i.e., to the general public through digital asset exchanges or trading algorithms), the distribution of XRP as payment (e.g., to employees), and the sale of XRP to programmatic buyers by the defendants (Larsen and Garlinghouse) do not constitute the unlawful offer and sale of securities. 

The court also rejected the well-praised “Fair Notice” defense. It concluded that the SEC gave Ripple and the other parties adequate explanations of the rules and regulations governing the institutional sales of XRP. 

Last but not least, Judge Torres explicitly declined to expand the scope of her opinion to include secondary market sales of XRP or other tokens, stating that the totality of the circumstances and the viability of that particular contract, transaction, or scheme would determine whether a secondary market sale constitutes an offer or sale of an investment contract.

Conclusion

Although the SEC has yet to confirm, there is an expectation that the judgment will be appealed in some quarters. Nevertheless, the outcome of the SEC v. Ripple lawsuit could still alter the regulatory landscape for the whole cryptocurrency industry. 

What isn’t yet apparent is whether the judgment will stand and how subsequent lawsuits against cryptocurrency companies will be handled.

The post Ripple vs. SEC: Everything You Need to Understand About the Lawsuit appeared first on A Place to Satisfy Your Inner Geek.

Therefore, to explore one of those interesting topics, we are here present in front of you. Today we are going to discuss some of the most expensive currencies with which you can deal. But before that, you need to understand that having knowledge and skills in trading is not enough. You also need to make choosing a safe and sound platform like immediate-fortune.com on which you fulfill your goals. 

But prior to starting with the list, we will tell you how the prices and rates of these digital currencies are decided. 

How are the Prices Set?

Prior to launching these currencies into the market, the higher authority and the upper management gather around a single table to discuss their price during initial coin offerings (ICO) or initial exchange offerings (IEO). There are various factors that determine the ultimate price.

• The technology behind the coin
  
• Utility of the coin, and
  
• Overall market conditions

More to this, since they are launched in an open market, their supply and demand also play a significant role in creating an average price of the coin. 

Now that you have learned what it takes to set the price of a digital currency let us jump to the first exhibit from our list:

You might not have heard of this currency in your life, but it is actually one of the most expensive ones currently available on the market. MKR is the governance token of the MakerDAO (DAI) protocol. The current price of this coin is valued at $689 at the current point in time. (as of 27 June 2023).

The CDP holders are offered a paid plan called a “stability fee,” under which they can earn returns on their investments to redeem their collateral and DAI. The amount of fee is defined collectively by MKR holders, which is collected and later used in the maintenance of MKR tokens which helps in determining the price of the currency. 

Next on this list, Ethereum is the second most valuable cryptocurrency in the market after Bitcoin. Still, it does not make it the most expensive digital currency in the world, but it surely is part of the list. The coin is currently holding a value of $1,874 per coin (as of 27 June 2023). 

Ethereum already plays a major role in the world of cryptocurrencies as it offers blockchain technology on which various other currencies like Bitcoin itself work. Smart contracts are those conditions and instructions on which the programs and events are executed strictly by the plan without any risk of delay, censorship, or outside influence. 

PAX Gold made it to the list of the top 3 most expensive cryptocurrencies in the world, with a sky-high price of $1,911 (as on 27 June 2023). The price of this coin is backed by the real gold reserves held by the developers of the coin. Charles Cascarilla and Rich Teo are founders of this amazing concept and are also experts in building infrastructure for cryptocurrency exchanges. 

The main goal and idea behind the currency is to make gold more tradable. But since transportation and other factors matter when it comes to physical gold, they try to make this digitalized that is completely backed by gold. What do you think about this idea? Is it worth it?

Things are getting hot now. We have crossed the limit of $2k, and now it has lifted up to a great extent. The currency is currently valued at a glorious price of $6,382 (as on 27 June 2023). While May 2021 was the golden period for this cryptocurrency when it touched the peak price of $73,000. However, since then, the prices have been highly volatile and tense.

Yearn provides service to aggregate for DeFi investors around the globe. The profits and returns are based on yield farming. The service was formerly used to known as iEarn and was launched in 2020.

It is finally here. For what you must have been waiting for, Bitcoin currently sits at the top of the list of both the most valued and most expensive cryptocurrencies around the world. It is currently valued at $30,631 (as of 27 June 2023). We all are witness to its rise and popularity.
The best time for this coin was October 2020, when it experienced a massive jump to $66,953.

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Quantum AI Trading – Insights

In today’s article, the main or broad points about quantum-ai-trading.com would be the following:

Note: since the cryptocurrencies are decentralized and are not regulated by anybody, the trader might not expect protection from unregulated brokers. 

What is Quantum AI Trading

Quantum AI trading works on the mission of using artificial intelligence in trading to provide traders with the best opportunities to trade their money. There are numerous tools available online that use this method to attract users towards them. The AI is able to do so even without looking constantly at the market. You can also read this review of Bit Index AI platform for better understanding of trading.

Best developers from all over the world have built this platform in order to achieve the dream of making trading simpler with the help of AI. They are proud to announce their product in front of common people who are eager to grow their money exponentially through trading. 

Also Read: Quantum Prime Profit Review

As you must have read in the insights, users have to invest their first $250 into the platform to get started. It is said that the guesses and predictions are proven to be correct 90% of the time. Though there are no legit proofs of this fact, therefore, you should always consider a second thought before putting your money in it. Thanks to its Artificial Intelligence, there are 0 mistakes during the market scanning process resulting in as minimum mistakes as possible. 

Advantages and Disadvantages

Just like any other program, it comes with its own benefits and drawbacks. Join us, and let’s discuss them all under this section of the article.

History

Unfortunately, our team is unable to find any data about this platform on the Internet. Even on the official website of the platform, it is impossible to find the name of its developers or the company that is involved in its development. However, it is not something new or weird, as generally, people related to crypto trades prefer being anonymous. Analyze your gains and loses on trading with help of the profit maximizer.

Since there is no information regarding the developing team or company, it becomes necessary for us to take cautious steps while making the decision to trust it or not. 

How Does It Work?

Quantum AI incorporates various aspects and algorithms to give final outputs. 

1. The process starts from the moment you make your first deposit into the platform.
   
2. The machine learning-enabled tools will start scanning the market for you.
   
3. With all the scanning and other processes, various charts and indicators are drawn out to explain the demographics of the market.
   
4. Great opportunities are searched across the market for sale.
   
5. It monitors and scans the price movements that have reached the top to make observations and find the best point when it executes the sale order. 

Mind that these operations are not proven or backed up by any guarantee of some organization. And things can get worse even worse since the crypto market is highly volatile and prone to extreme shifts. Therefore, it can be both useful and highly dangerous for your traded amount. 

Even though there is no mobile application available on the platform, you can access the site via your mobile devices through the web browser on your respective mobile device. 

• Android 
• iOS
• Laptop
• Desktop

Conclusion

In today’s article, we covered all aspects and reviewed of Quantum AI trading platform. This platform claims to use AI to predict the market future so that you can get the most out of your market. It is claimed that 90% of its predictions are always correct.

The post Quantum AI Trading Review appeared first on A Place to Satisfy Your Inner Geek.

Well, you must have heard of these currencies from Bitcoin news, or somewhere else before. To understand it, we’ll explore a bit of its history. In August 2008, a domain name bitcoin.org was registered. A group or person, using the name Satoshi Nakamoto, introduced the cryptography mailing list at metzdowd.com, he stated, “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.”

The launch of Bitcoin SV was the introduction of cryptocurrency to the world. It is a virtual currency designed to work as money and a mode of payment outside the control of any person, or entity, removing third-party involvement in finance-related investments. 

In the article, we are going to discuss the advantages and disadvantages associated with Bitcoin and the world of cryptocurrencies. 

Key Features of Bitcoin

Before we examine the pros and cons of this virtual currency, let’s take a quick tour to review its key features of it, to make an easy understanding of how it works. 

• Bitcoin is the world’s largest cryptocurrency by market capitalization.

• Using a decentralized ledger system (blockchain) this currency can be created, distributed, traded, and stored, though it cannot be destroyed like a fiat one. 

• It has a transparent ecosystem, as the ledger board shows all the transactions made and the identity of receivers or traders. This leads to an exposed environment. 
• In comparison to other banking transfers, BTC is faster. The money can be sent in a few minutes using this currency all around the globe, while the banks can take up to days for the same process.

• It is easy to buy this coin. You don’t need to follow any documentation process or go to banks, etc.  

So, these were several factors why Bitcoin is hyped in the trade market. Now, let’s take a look at the reasons why high-net-worth individuals like to invest in it. 

Why Do HNW People Invest in Bitcoin?

Being a leading digital currency, operating on a peer-to-peer network without a central authority and in a decentralized manner, BTC is the choice of eight out of ten millionaires, according to a study. Let’s find out significant reasons why. 

• Macroeconomic Factors: Macroeconomic factors like the global pandemic Covid-19, etc., led to a rise in the popularity of cryptocurrencies.

• Institutional Acceptance: Many financial and non-financial institutions are accepting Bitcoin. This worldwide acceptance of digital currency increased its credibility. 

• Decentralization: It has also attracted many investors that are looking for ways other than traditional systems subjected to government control and regulations. 

• Unpredictability: This is one of the main reasons why investors are interested in BTC. This currency is highly volatile, the prices can fluctuate drastically and in a short period. 

• Limited: It has a limited supply of only 21 million coins, making it a scarce asset. This means, even the rise of other cryptocurrencies will not affect its value in the coming years.

These are the intentions behind millionaires showing interest in it. Now, we’ll discuss the pros and cons in the next section. 

Pros and Cons of Bitcoin

If you are also interested in investing in such currencies, you should first consider the advantages and disadvantages stuck to them. So, let’s discuss them before concluding. 

Pros –

1. Convertible – They are highly accessible and versatile. It takes a few minutes to complete a transaction through this medium anywhere in the world, and they are now globally accepted. 
2. Decentralized – As already discussed, they are dependent on a central authority, and highly decentralized, which means it is not regulated by a single government or central bank. 
3. High-Returns – They change drastically and in just a matter of minutes or hours, they can spike up to 100 percentiles. 
4. Transparent – The ledger board of transactions on a Bitcoin is public to every trader. The identities and transactional information of BTC can be retrieved by anyone, anytime. So, this characteristic makes it transparent. 

Cons –

1. Non-Governmental – While the decentralized nature of it can be bliss to some investors, the chances of scams and fraud lance also rise. 
2. No Minimum Valuation – As there is no minimum valuation of this currency. If a big corporation decides to discontinue the transactions, it will immensely affect the prices. 
3. Irreversible – If the transaction from Bitcoin is done, it is impossible to get it back. Since the transfers are anonymous and unregulated, mistakes in the process can’t be undone. 
4. Limited Usage – Even though the use of currency is rising around the world, it is still not widely accepted by big and small corporations. Also, it puts a limit on money spent by users, unlike other payment options such as debit or credit cards, UPI, etc. 

These are some perks and consequences associated with the piece of exchange worth considering before making any investing-related decisions. 

The Bottom Line

Before putting your capital into trade, it is highly advised to do thorough research on the currency or the company you want to stake your money in. Though cryptocurrencies now are secured with cryptography, as a new technology, it is still hypothetical, and it is essential to learn the threats involved. 

You can take some professional advice or hire a financial expert that will assist you in decision-making for all your trade-related selections and settlements.

The post Bitcoin Investment – Is it a Good or Bad Choice? appeared first on A Place to Satisfy Your Inner Geek.