Trodax Affiliate program for crytocurrency traffic. We have a contest – winner gets 1 BTC!

[Trodax]

Hello friends.

 

What is actually going on when a person is trading? More specifically – when you trade cryptocurrencies.

 

Well, the actual process of trading is what in major way determines the price, the value of each cryptocurrency. Since crypto is a fairly young technology it is impossible to establish its value objectively, there’s no value per se. No goods or services are being produced, no gold standard, there’s central organization behind bitcoin whose reputation would be a marker.

 

But since the value of crypto is undeniable and it’s the future of money where no government can possibly intervene and/or bankrupt any currency – the market comes into play. Millions of people decide how much they are willing to pay for each currency every day – offer and demand balance things out to provide us with a new world where lots of cryptocurrencies coexist and can be traded. Playing on the fluctuations and price tendencies can be very fruitful if done with caution and good understanding of the nature of ongoing processes.

 

Cryptocurrency trading is an ongoing endeavor of redistributing the trust and attention each cryptocurrency gets and deserves from international society. Traders are shaping the future of economies by determining the value each currency deserves. And it can make one rich if the process is controlled and understood correctly.

 

Trade smart.

[Trodax]

What is the mechanism behind automated trading? Well, it’s basically a trading done for the user by some algorithm or trading bot. When a trading bot buys crypto, it automatically calculates the Take Profit level, according to the exchange commission and the specific features of a certain cryptocurrency. There are a number of different bots on the market and they use different strategies to obtain results.

 

One of the best practices out there is averaging. We have already talked about it in our posts, so let’s just briefly explain how it functions. Automated bot buys a crypto asset and evaluates a price it has to reach for the bot to sell it. As soon as its price is reached, the algorithm sells the asset and opens a new transaction. If a market doesn't achieve an indicated price and the asset is getting cheaper instead, the algorithm buys the same cryptocurrency again making so called «averaging». After averaging this asset can be sold at lower price still making profit since its price was averaged between the initial price of purchase and the price of the second transaction.

 

Automated bots use a variety of strategies and tools to maximize the profit and provide a service that makes money on user’s behalf while the user himself isn’t doing anything. That’s a cool feature, isn’t it? The only worry people have here is security. Am I doing a right thing giving some bot the access to my money? Are they gonna be on the exchange the next day? Will the bot trade correctly, not making me lose money in some risky transactions?

 

Those are the very essential questions a trader should be asking before starting with any automated trading service. The good news are – there are good options out there, it’s just a question of trial and error, but if you are determined to find a right automated trading service for you, you will.

 

Trade smart.

[Trodax]

Hello, guys!

 

Feeling good today? What about your trading? How is it going?

 

Today we would like to ask you a brief question and give you some thoughts related to the topic. Bur first things first – how many exchanges is enough to trade successfully? We have recently asked this question to our clients and friends and here’s what we’ve seen:

 

 

Feel free to join the discussion on our Telegram channel, it’s https://t.me/trodaxdotcom. We believe that it’s not about the number of exchanges, you can use just one and be a very successful trader. In fact, several of our most wealthy clients only use one exchange but they have several separate accounts and various trading bots working for them and making money simultaneously.

 

That being said, we also agree with the idea about diversification. Don’t put all your eggs in one basket seems to be a fairly good advice in personal finances in general, so if you aren’t 100% about any particular exchange – better safe than sorry, as they say.

 

Please, tell us how do you trade? How many exchanges are enough?

 

Trade smart.

 

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Bitcointalk: https://bitcointalk.org/index.php?topic=4779227.0

[Trodax]

Tomorrow, Nov 15 we will witness the HardFork of Bitcoin Cash. What will happen than? To those of you guys who don’t understand what is going on – a brief summary of what’s going on.

 

The Bitcoin Cash network’s hard fork is planned for November 15. The basic idea is that the software upgrade to Bitcoin ABC would help the network scale and provide for smart contracts. At the same time lots of Bitcoin Cash fundamentalists believe that these changes will corrupt the Bitcoin Cash blockchain.

 

Now, one of the scenarios is that Bitcoin Cash will split into two different coins: Bitcoin SV (Satoshis’s Vision), the current version and Bitcoin ABC, an upgraded version. This can lead to panic in case double spending won’t be prevented, which can seriously harm currency’s reputation. As Craig Wright, Australian computer scientist (who is also so charismatic that he claims to be Satoshi Nakamoto) says: “There is no bitcoin gold, no BTC vs ABC-type battle here. This is one or the other. Long term, one dies. There is zero chance of both surviving.”

 

What do you guys expect from tomorrow? Do you think we will witness a massive increase in interest towards Bitcoin Cash or will it be the disaster for those who invested significant money in it?

 

Let us know and join the discussion on our TG channel https://t.me/trodaxdotcom.

[Trodax]

Feel free to check an article about Trodax on Cryptonews portal. We are happy to see our service being recognised and hope you enjoy using our bot!

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Bitcointalk:hahttps://bitcointalk.org/index.php?topic=4779227.0

[Trodax]

Hello, guys.

 

Have you already seen the latest updates on Bitcoin price? It's price is now between $5.500 and $5,600 which is the lowest point it has seen this year. What are your prospects for it? Do you feel like selling the bitcoins you have or are you optimistic and hope it'll soon regain its value?

 

There’s a very interesting situation on the cryptocurrency market right now – a moment of panic and a whole new world of possibilities for investors and traders. Bitcoin Cash hardfork and Bitcoin price falling so drastically nobody could predict it. Or could they? What will tomorrow bring us in terms of crypto news?

 

A perfect moment to buy crypto while it’s down or a final opportunity to leave the sinking ship and sell all the assets you’ve got. Or – what a crazy thought – to keep trading. Business as usual in moment of chaos. What nerves would it take to just keep trading. But what if that is the best moment to trade?

 

Trade smart.

[Trodax]

Hello, guys.

 

How are you these days?

 

Now, the price of bitcoin is below $5,300 which can be quite alarming. Who could have predicted it just a week ago? What are the prospects? There is so much uncertainty some traders feel really stressed and aren’t sure they can successfully trade in a market like this.

 

There are things that one should remember when trading crypto. High volatility is what describes cryptocurrency market. It is in its nature to rise high and to fall low. What does it tell you? If you are balanced enough and have your emotions under control you accept that this is just a part of the game.

 

High volatility. High gains. Big losses. The main issue here is that it’s not easy to keep calm when everything around you seems to fall apart. Are your investments in danger? Have you lost your mind investing and trading in such horrible conditions? Will bitcoin disappear with all your capital you invested in it? These worrying thoughts are a common place for experienced traders. Don’t let them dwell on you.

 

Nothing is forever as they say and the night’s darkest hour is right before the dawn. Keep analyzing things and work with what you have. Find the right approach and stick to your game plan. Control your emotions.

 

Trade smart.

[Trodax]

Today we would like to share with you some interesting thoughts from Morgan Greek founder, Anthony Pompliano. In its largest analyses where he especially highlighted that Bitcoin price went down 15% in a day and currently sitting around $4,500 which is more than a 75% decline from the all-time high in December 2017, he also said: “Many crypto funds and ICO projects are about to race to shut down or declare bankruptcy”. There’s a tendency to see that as a stress-test situation that will clear the market from intruders that aren’t interested in crypto enough to understand how it works.

 

This situation makes people wonder if Bitcoin is going down completely. And here’s another point of agreement we share with Morgan Greek founder, who said: “While price volatility can be emotionally painful, we continue to reiterate to our clients that Bitcoin is acting as we anticipated”. On August 24 of this year, with Bitcoin around $6,500, Anthony Pompliano wrote “we are likely to see Bitcoin near $3,000 before we see Bitcoin at $10,000 again. If this is true, that means we still have ~50% price decrease to go. Things may get really, really ugly if this happens.”

 

The thing is we are looking at the market which is really volatile. Like, really volatile. So it’s take it or leave it. We recommend you take it.

 

And here’s Anthony’s tweet we would like to share with you:

History lesson:

- People feared electricity
- People feared first train
- People feared first plane
- People feared the internet
- People feared hedge funds
- People feared Bitcoin

People fear what they don't understand. Don't get caught on the wrong side of history.

 

Trade smart.

 

Trade with Trodax.

[Trodax]

Hi guys!

 

Trodax Team wants to make a present for you and, since Black Friday is coming - here is our exclusive offer!

 

2 weeks of Silver tariff to everyone!

 

How to get it?

 

If you have an account on Trodax.com - 2 weeks of Silver will be added automatically to your account.

 

If you are not registered yet, create your free account with 2 weeks of Silver tariff from November 23, 00:00 till November 25, 23:59 GMT.

 

Make sure to seize the moment and launch your trading bots!

 

Best regards,

 

Trodax Team.

 

[Trodax]

Hello, guys.

 

With the BTC price going down so rapidly, some members of crypto community have forgotten the preceding Bitcoin Cash hard fork that took place on November 15.

 

Now, those enthusiasts that had Bitcoin Cash (BCH) are now facing the choice – to keep their assets in BCH or to go with BSV. Some decide to opt for one or another and there are some who prefer splitting their assets and holding both currencies.

 

There are some options here. You can send unified coins to an exchange that has promised to split the tokens for its customers or, if you use Electron Cash wallet – they allow users to split the tokens and add them to a separate address or multiple addresses independently. Further, because the software serves as a noncustodial wallet, the user remains in charge of their private keys and funds at all times, which is a nice touch for every crypto-holder.

 

What do you guys think? Do you have any BCH? What are you going to do with it?

 

Share your opinion with us, leave a comment below.

 

Yours,

 

Trodax Team.

 

[Trodax]

Hello, guys. Speaking about the BTC Cash split, there are some details we would like to add.

 

 

Since the BTC Cash hard fork there’s been a lot of discussion concerning the hash war but happily, the blockchain company Coingeek has announced that the BSV developers will apply replay protection to the BSV chain thus bringing the hash war to an end. Bitcoin cash holders have been watching the hash war take place between a bunch of mining pools from around the world and some individuals still claim that the war is not over, even though lots of major exchanges have decided to list the ABC chain as Bitcoin Cash (BCH), as it’s the chain that has accumulated the most proof of work.

 

Now, Calvin Ayre stated that BSV developers are now in a way better position than the alternative thanks to replay protection that will allow people to send transactions on the BCH or BSV chains without worrying about transaction replays. In an editorial published on Monday, Coingeek explained that it has consulted with the BSV development team about the reinforcement of blockchain stability measures.

 

“One aspect of stability is replay protection. Since ABC has not made this stability a priority, Bitcoin SV will do so in order to restore confidence to users and businesses on both chains,” Steve Shadders, technical director of the Bitcoin SV project, detailed. “This change will require the Bitcoin SV team to work with the Bitcoin ecosystem, and the timeline will be announced when there is adequate ecosystem readiness.”

 

What do you think, guys? Does this affect negatively the BTC price (which is now at $3,650, as low as it hasn’t been in ages)?

[Trodax]

China’s Center for Information and Industry Development released its 7th crypto project ranking last week where the 33 crypto projects were evaluated. This month, the center upgraded BTC from the 19th place in the previous month to the 13th place.

 

 

The projects were ranked based on their basic technology, applicability, creativity and as a whole. BTC wins the creativity category, EOS is first in the basic technology category and Ethereum is the first in the applicability category. The rankings are organized and implemented by the CCID Blockchain Research Institute and a number of organizations such as the CCID Think Tank and China Software Testing Center.

 

The evaluation model is based on three key principles

1.       The indicators should be adapted to all evaluated objects, not just some.

2.       The proposed indicators should be related to technological innovation in public chains.

3.       The measurement or evaluation of the indicators can be implemented.

 

And today’s BTC price leaves an optimistic vibe to the crypto market in general, it’s going up again! What are your prospects for it?

 

Share your opinion, leave a comment below!

 

Best regards,

 

Trodax Team.

[Trodax]

Hi guys!

 

The market’s been acting like a drama queen lately, don´t you think?

 

We would like to cheer you up and make a special offer. If you buy a Silver or a Gold subscription plan – you’ll get an additional month of this tariff FOR FREE! This offer is valid ALL DECEMBER!

 

[url=https://trodax.com/?utm_source=forum.optymalizacja][/url]

 

To get your free month – just buy a month of Silver or Gold subscription plan and send us an email to hello@trodax.com with your credentials and we’ll grant you an additional month of this plan!

 

Trade smart.

 

Trade with Trodax!

[Trodax]

Hi guys.

 

Bitcoin community on Reddit now has over 1m subscribers! Tuur Demeester, the founder of Adamant Capital, wrote on his twitter: «Wow, Reddit's Bitcoin community is now over 1 million. I remember when it was < 6,000... Many thanks to the hard work of @BashCo_ & the other volunteer moderators!»

 

People’s interest towards BTC is not going anywhere in spite of its high volatility and market downtrend. Well, as Ned Stark always warned us, the winter was coming – both in crypto market and in the real world. Let’s get cozy and make the most of this winter!

 

Trade smart.

[Trodax]

Hello, guys.

 

Here’s «great» news from China where government is quite remarkable in many regards. Recently Beijing declared security token offerings (STOs) illegal. Unlike ICO where a company raises funds by selling tokens to the public, an STO gives holders the ability to share the profits of a company through dividends.

 

“The ICO (initial coin offering) model is getting left behind for a new concept called STO. I want to issue a warning to anyone considering running an STO in Beijing,” Huo Xuewen, chief of Beijing’s Municipal Bureau of Finance said. “Don’t do it in Beijing – it is illegal. You can only engage in such activities with the approval from the government.”

 

Now that the ICO mania is gradually dying out, blockchain startups are seeking new ways to secure funding; and it seems the STO is cropping up as the solution. The move towards STOs does grant more rights to holders, but it is concerning that a year after raising billions of dollars in ICOs, companies are now seeking even more funding. Indeed, mainstream crowdfunding platforms like Indiegogo are also getting in on the STO action (though their offerings might not always be open to everyone). Hopefully, it goes better than their botched foray into ICOs.

 

What do you guys think about this move from Beijing – what signal does it send the crypto world?