BRAIN TEASER FOR TODAY

15 months ago the price of 1 bitcoin was N52,000.  As at today the price as increased by 420%.

1. What is the current price ?
2. What is the dollar value given the exchange rate to be N450 naira.

you can post your answers in the comments.

Thank you

A SCHEME THAT WILL BOOST YOUR BITCOIN/CRYPTO CURRENCY TRADING PROFITS BY 100% MONTHLY AND GUARANTEED WITH NO STORIES: I AM FULLY INVOLVED IN IT.

Not all schemes on the internet are scam. Some are legit and very helpful. Just like the one I am about to talk about.

I have personally reviewed it, tested it and I am fully involved in it. I see it as a very useful scheme that will compliment and boost my crypto currency trading activities for profit maximization.

What is the name of the scheme?

It is called MMMunited.org

What is it all about?

It is a global mutual aid fund where people all over the world provide help PH and get help GH via bitcoin.

What are the incentives?

The system rewards you 100% on your provide help PH monthly.

Are there other incentives?

Yes, there is speed bonus, referral bonus  and manager bonus. 5% in all.

Have you tested it to see if it works?

Yes, I have tested it and I am currently using the system to compliment and boost my trading activities.

My thoughts about MMMunited.org

The scheme is a global mutual aid program aimed at bridging the gap between the poor and the rich. The currency used in this scheme is bitcoin(the global currency).The minimum and maximum to start is between $10 to $10,000 worth of bitcoin.

There is a locking period of  7 days. What it means is that after 7 days of confirmed PH, You are eligible to Get help(GH) of your capital or interest accrued or both at once.

The interest is calculated thus

Day 1 to 10   at 2%

Day 11 to 20 at 3%

Day 21 to 30 at 5%

Eg lets assume you indicate willingness to provide help PH of $100 worth of bitcoin. The system will pair you with a participant or group of participants that want to get help GH of $100 worth of bitcoin.

Now once you pay the participant(s) the required amount of bitcoin, they will confirm receipt of fund which you will see on your personal office.

After 7 days of lock period you will be eligible to withdraw either your interest or both capital and interest.

At the end of 7 daysif u wish to get help GH, this is what you will get

100 + (0.02 x 7 x 100) = $100(capital) + $14(interest) = $114

 If you leave it for 30days you will get back $100(capital) + $100(interest) = $200

SOME BURNING QUESTIONS

Where does the 100% come from?

It is simple, it comes from the provide helps. Not everybody is providing help and getting help at the same time so there is this continious inflow and out flow of funds.

Can this scheme be sustained? If yes, how?

Yes the scheme can be sustained for as long as the community wants it. As long as there is regular inflow of PH, the scheme will live long. The system has an incentive to promote regular PHs. It is called speed bonus.

For every new money that enters the system PH and paid within 24hrs to a matched participant you are rewarded with 5% of total PH as a bonus.

Look at an example

If I PH with $100 worth of bitcoin within 24hrs of been matched with another participant. I get 5% of my PH. This is an incentive called speed bonus that will promote regular PH. After 7 days lock period and if I wish to cash out this is what I will get

$100(capital)

$14(interest after 7 days at 2%/day)

$5 (Speed bonus at 5% after PH confirmation)

Total amount after 7 days = $119.

I can repeat the process with $100 and the circle continues every 7 days or 30 days.

How does this scheme compliment and boost crypto currency trading.

There is a lot of price fluctuation in Crypto currency trading which can affect the value of the coins you bought positively or negatively.

When the value of a coin dips, you are at a loss and a way to remedy that loss is to buy more of the coin at the new price that is if you have reserve base coin so as to cushion the effect.

Now with this system in place you don’t need to worry because it is like a back up plan. When ever the price falls you can fall back on this scheme withdraw some of your bitcoins that is growing there to help cushion the effect of the trading loss.

And like wise when your trade goes in your favour, you can put some of your profits back into the scheme for it to grow for you.

So you see it is a win win situation. This is what I am presently doing and it is working fine for me.

So I decided to share it with you.

With all said I encourage you to give this scheme a trial with your spare funds of course. I have tested it and it works well for me.

These are some proofs

The light green panel by the left are the confirmed provide help PH I did and the orange panel are the get help GH I recieved. This funds were actually paid into my bitcoin address registered in my personal office.

I will show all the proofs by the time you join my group.

To join kindly click on the link below to register

https://mmmunited.org/a/register?ref=alemagedor1981@gmail.com

After registering ensure

1. To change your password immediately, a link will be sent to your email for that.
2. You are welcome to join my telegram group chat by clicking the link. I will be answering any of your questions and showing live on the group how I do my PH and GH. And other things you need to know like
1. Having a bitcoin wallet for this purpose.
2. How to locate your transaction hash as a proof of payment.
3. How to add your bitcoin account to receive your payment.
4. Safe practices so as not to have any issues.
5. And many other tips that will help you feel comfortable with the system.

NOTE: If you wish to join my group, please ensure to register via the link provided  first

https://mmmunited.org/a/register?ref=alemagedor1981@gmail.com

Why? This is the only way I get rewarded by the system. And it is not too much to ask for rendering the above services when you join my group.

If you have completed your registration via the link above. Then click the telegram link to join the group for a fun filled experience.

https://telegram.me/joinchat/C0_XSAp4gsUUJRMwtHRJDg

NOTE: Please only invest your spare money. Don’t put all your savings into any scheme. Only money you can afford to lose. And above all do not be afraid of taking calculated risks. You also don’t have to join the program if you are not comfortable with it.

Personally, I put $500 plus of my spare money into this particular scheme. This is the amount if I loss wont affect me paying my bills. By the time you join my group I will show you everything.

Thanks 

A SIMPLE AND EFFECTIVE TRADING STRATEGY FOR THE BUSY EXECUTIVE, STUDENTS, YOUTH CORPERS (1 WEEK PLAN)

Crypto currency trading requires your time and constant monitoring of price movements. Maximizing profits is a function of ones ability to monitor the price of a coin at specific and regular intervals.

However, not everyone who is interested in crypto trading has the whole time in the world to be monitoring a trade always.

People like the busy executives, students, Youth corpers may not have the time to monitor the price movement of a coin frequently.

So is there a way out for these set of people? Yes.

1 WEEK PLAN WITH A 4 HRS STRICT MONITORING SCHEDULE

Conditions that must be met

1. 1 bitcoin or more(my recommendations)

2. the coin to invest must
1. be among the 1^st ten coins in terms of volume.
2. Have a strong buy support say from 100btc and above.
3. Be a utility coin
4. Be traded  in at least 2 exchanges
5. Must have a wallet outside the exchange you intend using.

WHAT YOU NEED TO HAVE AND MUST KNOW AS A TRADER

1. 1 bitcoin or more(my recommendations)

2. basic trading skills which include the following

1. how to deposit and withdraw your coins
2. how to place a buy order
3. how to place a sell order
4. how to fill a best sell order(buying directly from the order books)
5. how to fill a best buy order(selling directly from the order books)
6. how to use the buy/ sell stop limit
7. understanding the unitary system of a coin

TARGET

The target is to achieve 5% to 50% or more within a week of trade.

If the above conditions are met then we can begin thus.

I will be using 1 bitcoin as a case study. More bitcoins will be preferable if you can afford it.

1. Start by splitting the bitcoin in 5 fractions of 0.2 btc each.

2. Determine the interval with which you choose to monitor your trade. I recommend every 4 hrs in a day within the 1 week. (42 times in a week) and you must be disciplined about the interval you eventually choose.

3.  At this point you select the coin you wish to invest in and then open a trade with 0.2 btc and note the entry price.

4. place a sell order of 10% premium to your entry price.(eg  if your entry is say 0.0025btc then a 10% sell order will be 0.00275 btc). Check  your trade after 4 hrs. just remember that your target range is 5% - 50% hence be realistic when placing your sell order based on the price actions and volatility you have noticed.

5. If after 4 hrs your sell order is filled, then you start the process again. However, if it falls below the 10% sell order mark but it is within your target range say 5% - 9% then I recommend you close the trade and start the process again.

6. If after 4 hrs the price of the coin falls below your entry price by 5% or more. Then buy back with another 0.2btc.

7. At this point you have spent 0.4 btc, calculate your average buy price and set a 10% sell order and wait another 4 hrs to check.

8. Assuming there is constant 5% or more fall in price and you have exhausted your reserve bitcoin. As in you have used up all the 1 btc you split. Then it is recommended you edge  your loss by making use of  the stop limit. You can set between 1% to 10% stop limit. This is the % loss you are willing to take in case the coin decides to dip further.

From experience, utility coins usually enjoys favorable volatility, that is why I recommend such coins if you decide to use this strategy. This way you are sure of always coming out with a profit and in the worst case scenario a break even within a short period of time.

MAIDSAFECOIN FUNDAMENTALS AND TECHNICALS: A GOOD REASON TO INVEST

FUNDAMENTALS

With MaidSafe rebuilding secure decentralised internet with BnkToTheFuture equity fundraising.....

And MaidSafe's funding on BnkToTheFuture coming up on 12th September which would run for 30 days.

Traders and investors may begin consider investing in the coin for a medium to semi long term....

See reasons


http://www.ibtimes.co.uk/maidsafe-rebuilding-secure-decentralised-internet-bnktothefuture-equity-fundraising-1579724



TECHNICALS

Taking a look at the daily charts of maidsafe... We can see that the coin has enjoyed a fair share of the uptrend for the past two months... Except for a retracement on the downside for 2 weeks now...

From the charts the coin seems to be oversold considering the RSI indicator (circled in the image).... This may however indicate exhaustion on the bears side....

With the fundamental news about the coin we may see a bounce off the support line (green line)  to the upside in the days to come...



Courtesy 
NANOKEN

WHY YOU SHOULD INVEST IN CRYPTO CURRENCY

crypto currency is an amazing technology that is revolutionizing the financial system. the technology has a lot of potentials.

Below is a checklist of why i think you should invest in crypto currency.


1. It can be used to send money to anyone in the world with even visting a bank, with little or no cost at all.

2. Trading crypto currency will make you become self employed.

3. It is an investment asset because its value tend to increase over time.

4. you can purchase goods and services with it.

5. it as real case use. it solves real life problem. eg auditing, storage, voting etc.

WHAT TO LOOK FOR WHEN ANALYZING A CHART: THE RANGE

Analyzing a chart dosent require looking at the fancy components that constitutes the chart especially if you are a newbie.

What you are to look as a basic crypto currency trader is simply the RANGE within a particular period of time.


Its a statistical tool used in finding the difference between the the highest value and the lowest value.

But in cryptos we may not necessarily need the difference . What we need is the lowest value and the highest value within a particular period of time.  Let me give  an example


Lets say within 12 hrs the price of etc was hovering between 380k sats and 450k sats.. This is the price within 12hrs right.  Now lets say you enter the market at the 15th hour and you met the price to be at say 395k sats.

As an experienced trader what you are to do first is to look at past event from the chart.

When you look at d chart then you will notice that the price attained some certain height  based on that information you can enter the market.  Because there is every likelihood that the price might still rise to that 450k sats or more again within the remaining 24hrs.

The 4 days chart above shows the price volatility of ETC with 4 days. When analyzing this chart simply locate the higest point which is about 610,000 sats and the lowest point which is about 350,000 sats.

With this information, you can make an informed decision on whether to buy into this coin or not.

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