Saturday, 30 July 2016

SECURE YOUR TRADING ACCOUNTS BUT SECURE YOUR EMAIL THE MORE

Attacks and exploits have become very rampart these days as you hear of theft of coins and the likes. For this reason many exchanges have put in place strict security measures to prevent hackers.

Hackers on the other hand as seen hacking as a job and a very lucrative one at that. they are not only attacking exchanges alone but also email addresses associated with such exchanges.

So in order to protect your funds from been stolen always add an exra layer of protection like the 2 factor authentication and change your passwords as often as you can

Sunday, 24 July 2016

Wednesday, 13 July 2016

MORE ALTCOINS ADDED TO COINOMI MOBILE WALLET

The following coins have been added to the coinomi wallet.

Ethereum ,syscoin,  solarcoin and a few others.

The wallet is a multi currency wallet and holds more than 20 alternative currrncies.

Check their website or playstore to download the updated version.


https://coinomi.com

Friday, 8 July 2016

A 30 DAYS DISCIPLINED CRYPTO CURRENCY TRADING PLAN


Crypto currency trading can be a very profitable and lucrative venture. However in order to maximize profit, there is a need for discipline trading plan.

I would like to present to you a strict but very effective trading plan if adhered to can fetch you a profit ranging from 5% to 60% monthly all things been equal.

What you need to start

  1. At least 1 bitcoin (recommended)

  1. A reputable trading exchange with advanced trading features.

  1. Identify a healthy and very volatile coin for the day.

  1. A reliable internet subscription.

  1. Patience, discipline and constant monitoring.



Target: To make between 1% to 5% or more profit on a daily bases.



The required steps to achieve maximum profit.

Lets assume a very bullish coin as been identified at say 12,000 satoshis.

  1. Set a 1% or less buy stop limit. If filled, it means your entry point will be 12,120 satoshis.

  1. Immediately go ahead and set a 2% sell stop limit. Reason been that if the price falls above 2%, you only take that loss and have an opportunity to buy back cheaper.  E.g let say it falls by 5% and you buy back at that point you have gained 3% more in the coins.

  1. Monitor the market until you have gotten a clear cut 1% to 5% profit. Then exit the market and close for the day.

  1. Repeat the process for the next 29 days. On the 30th day, take stock of your profit to ascertain how much profit you really made at the end of the month.


Conclusion


Assuming an average profit of 3% was made on a daily bases for 30days that will be a whooping 90% return on investment.

Monday, 4 July 2016

AN OPPORTUNITY THAT PRESENTS ITSELF IF ETHEREUM HARD FORKS TO RECOVER THE DAO FUND

During the ico of the dao 1 ether gives you about 100dao. Now the value of the dao has fallen because of the supposed hack or exploit.  This has necesitated the hard fork whose aim is to return investors fund at the rate at which the Bought it.

The opportunity now is to buy as much dao as you can buy and when the hard fork is implemented you will be getting more ethers.

Friday, 1 July 2016

TEST YOUR THEORETICAL TRADING SKILLS WITH THIS QUIZ


If i bought 100 ethers at at 1.8million satoshis, with the hope of making a profit. But i decided to take a 5% loss using the sell stop limit.  3 hrs later,  i checked the market and discovered my stop limit has been filled and the price of ether is now 0.014 btc. I know decide to set a 10% buy stop limt.

I check few hours later and the price of ether is at 0.0175.

Q1. How many bitcoin did i start with initially?

Q2. How many bitcoins did i have after the sell stop limit had been filled?

Q3 At what price did i enter the market again?

Q4 How many ethers did i have after opening the new position?

Q5 If i decide to sell at the current price.  How many bitcoin will i now have?

I am expecting your answers