Cryptocurrency market analysis

Cryptocurrency has been around for a while, and there are many articles and articles about the basics of cryptocurrency. Cryptocurrency has not only prospered, but also opened up as a new and reliable opportunity for investors. The cryptocurrency market is still young, but mature enough to shed the necessary amount of data for analysis and forecast trends. While considered a major gamble as the most volatile market and investment, it has now become predictable to a certain point, and Bitcoin futures are proof of that. Many concepts of the exchange have now been applied to the cryptocurrency market with some changes and modifications. This proves to us that many people are mastering the cryptocurrency market every day, and now more than 500 million investors are involved. Although the total market value of the cryptocurrency market is $ 286.14 billion, it is about 1/65 of the stock market at the time of writing, and despite its age and the existence of already established financial markets, its market potential is very high given its success. The reason for this is that people are beginning to believe in technology and products that support cryptocurrency. This also means that cryptocurrency technology has proven itself, and companies have agreed to invest their assets in the form of cryptocurrency money or tokens. With the success of Bitcoin, the concept of cryptocurrency has become a success. Bitcoin, previously the only cryptocurrency, now accounts for only 37.6% of the total cryptocurrency market. The reason is the emergence of new cryptocurrencies and the success of projects that support them. This does not mean that Bitcoin has failed, in fact, that Bitcoin’s market capitalization has increased, but rather that the cryptocurrency market as a whole has expanded.
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These facts are enough to prove the success of cryptocurrencies and their market. And in fact, investing in the crypto market is now considered as secure as investing in a retirement plan for some. Therefore, what we need from now on are tools for analyzing the cryptocurrency market. There are many such tools that allow you to analyze this market in a similar way to the stock market, which provides similar dimensions. Including coin market cover, coin tracker, cryptocurrency and investment. Although these measurements are considered simple, they provide important information about the cryptocurrency in question. For example, a high market value indicates a strong project, a high 24-hour volume high demand, and a total supply of cryptocurrency coins in circulation. Another important indicator is the volatility of the cryptocurrency. Volatility is how much the price of a cryptocurrency changes. The cryptocurrency market is considered to be very volatile, withdrawing cash at a time can bring a lot of profit or pull your hair. So what we are looking for is a cryptocurrency that is stable enough to give us time to make a calculated decision. Currencies like Bitcoin, Ethereum and Ethereum-classic (especially not) are considered stable. To be stable, they must be strong enough not to be unreliable or simply cease to exist in the market. These features make cryptocurrency reliable, and the most reliable Cryptocurrencies are used as a form of liquidity.
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When it comes to the cryptocurrency market, volatility goes hand in hand, but its most important feature is decentralization. The cryptocurrency market is decentralized, which does not mean that a fall in the price of one cryptocurrency is a downward trend of any other cryptocurrency. Thus, it gives us an opportunity in the form of so-called mutual funds. This is the concept of managing the portfolio of the cryptocurrencies you invest in. The idea is to spread your investment to multiple Cryptocurrencies to reduce the risk if any cryptocurrency starts with a bear run.

Similar to this concept is the concept of indices in the cryptocurrency market. Indexes provide a standard reference point for the market as a whole. The idea is to choose the best currencies on the market and distribute investments among them. These selected cryptocurrencies change if the index is dynamic and takes into account only the best currencies. For example, if the ‘X’ currency falls to 11th place in the cryptocurrency market, the index, which includes the first 10 currencies, will no longer consider the ‘X’ currency, but will replace it with the ‘Y’ currency. Some providers, such as Cci30 and Crypto20, have tokenized these Crypto indices. While this may seem like a good idea to some, others argue that there are some preconditions for investing in these tokens, such as requiring a minimum investment. While others, such as cryptocurrency, provide methodology and index value along with currency components, the investor is free to deposit the amount he or she wants, otherwise he or she may choose not to invest in the cryptocurrency included in the index. Thus, indices provide a choice to further smooth the volatility and reduce the risk involved.

The result

The cryptocurrency market may seem risky at first glance, and many may still doubt its authenticity, but the maturity it has achieved in the short time that this market has existed is astonishing and sufficient evidence for its authenticity. The biggest concern for investors is volatility, which is addressed in the form of indices.


Bitcoin Cryptocurrency – Understand the Basics

It has been more than a decade since cryptocurrency began to fascinate people on social media and especially on the Internet. Bitcoin has become one of the best cryptocurrencies today, no one knows the exact origin of the currency, but it was created in mid-2008 in connection with the Japanese pseudonym “Satoshi Nakamoto”.
So what exactly is this Bitcoin Currency and why has it managed to maintain its place in the financial markets. Well, the reasons listed below can give you an idea of ​​its popularity and some evidence of its future safe existence.

  • Bitcoin is the first decentralized digital currency.
  • Bitcoin is an independent floating currency that is neither owned by any government nor linked to any other currency by economic indicators that regulate the value of traditional currencies.
  • With its growing popularity among the masses, it now has an increasing level of acceptance at all levels, for example, you can now buy products directly with Bitcoin cryptocurrency and also trade on various platforms such as CoinBase, Bitfinex, Bitstamp, Kraken and more. .
  • All you need is a wallet and an internet connection to make peer-to-peer Bitcoin transfers.
  • In most cases, transfers are instantaneous.
  • Ease of transactions via the Internet or your mobile phone with a few clicks.
  • Your privacy is safe compared to other online payment methods where your vital information can be leaked and misused.
  • When transferring money by traditional methods, you have to pay a fee depending on the volume of your transactions, and then these transfers are subject to your specific regional and state rules. When trading with Bitcoin cryptocurrency, you are not required to comply with any government regulations, and you do not charge a large fee for transactions.
  • As you are the only person with access to your e-wallet, your coins are always with you and no one can steal your money. Thanks to the shared public book, the process and operations are transparent, and anyone can check the transaction at any time from anywhere in the world using the Internet.
  • Another advantage of having a Bitcoin cryptocurrency wallet is that your account cannot be frozen.

Given the growing popularity and acceptance of the Bitcoin cryptocurrency, we can confidently assume that the future of Bitcoin is not only secure, but bright enough, and that this innovative payment method will remain here.


Best Bitcoin Trading Platforms

Cryptocurrency has introduced not only the fastest way to transfer money, but also a new institution to trade and make money in addition to stocks and other goods. Although you can buy Bitcoin directly, you can also use Bitcoin trading exchanges to continue trading with cryptocurrency. There are many exchanges where Bitcoin trading is safe and secure, and many advanced services also help customers. As a cryptocurrency investor or trader, you can choose any of the exchanges for your convenience. However, it is advisable to look at the opinions of some people before giving up one. Below is a brief overview of the world’s best Bitcoin exchanges.
CoinBase: This is probably one of the most well-known and largest Bitcoin trading exchanges with direct and binary object trading through the wallet. CoinBase was founded in 2012 by finding a venture for Y-Combinator and has grown rapidly since then. Its many options for depositing and withdrawing cash, wallet capabilities with numerous signature options for instant, more secure transfers between two CoinBases, Bitcoin deposits are insured against any loss, and more. Europe and the United States, which allow operations to be carried out without hindrance. It has relatively low transaction fees and offers a large number of Altcoin trades as well as Bitcoin trades.
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CEX.IO: One of the oldest and most well-known exchanges, launched in 2013, as the Bitcoin Trading Exchange in London and also as an assistant to cloud mining. Later, its mining capacity increased so much that it captured about half of the network’s mining potential; but is now closed. CEX.IO allows customers to expand their Bitcoin trading to a greater extent, and it has the ability to offer Bitcoin immediately at the requested price. However, this exchange requires a slightly higher exchange rate, but this is offset by the security and opportunities that allow a multi-currency transaction (Dollar, Euro, and Ruble) to receive Bitcoin.
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Bitfinex: This is one of the most advanced trading exchanges and is especially suitable for experienced cryptocurrency traders. Ethereum, as well as this highly liquid exchange for Bitcoin, has better options such as leveraging, margin financing, and multiple order trades. In addition, Bitfinex offers customizable GUI features, limit, stop, stop, market, and more. offers many types of orders such as. The exchange also offers about 50 currency pairs that can be traded and easily withdrawn for everyone. One of the largest exchanges in terms of trading volume, Bitfinex offers a nickname for trades and only for some services that require identification. The only drawback of this exchange is that it does not support the purchase of Bitcoin or any other altcoin through fiat transactions.
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Bitstamp: Founded in 2011, it is the oldest exchange offering cryptocurrency and Bitcoin trading. Most respected, because despite being the oldest, it has never been under security threat, and until recently. Bitstamp currently supports four currencies: Bitcoin, Ethereum, Litecoin and Ripple, and is also available in mobile applications in addition to trading from the website. It has excellent support for European users or traders with Euro Bank accounts. Security is an improved and cold storage type, meaning coins are stored offline. So you can say that it is absolutely impossible for any hacker to leak. Finally, the sophisticated user interface shows that it is for professionals, not for the inexperienced user, and offers relatively low operating fees.
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Kraken: It is one of the largest Bitcoin trading exchanges in terms of liquidity, euro cryptocurrency trading volume and Canadian Dollar, US Dollar and Yen trading figures. Kraken is the most respected exchange managed by the turmoil of cryptocurrency trading, and at the same time has managed to keep client amounts safe, regardless of the breakdown of other exchanges. With 14+ cryptocurrency trading objects, the user can deposit fiat and cryptocurrency with the same withdrawal ability. However, it is not suitable for beginners, but it has better security features and lower transaction fees compared to CoinBase. The most important factor for Kraken is that he is trusted by the public and is the first to show volumes and prices at Bloomberg Terminal.


Should Bitcoin Replace Central Bank Currency?

The difference between Bitcoin and Central Bank Currencies

What is the difference between the authorized currency of the central bank and Bitcoin? The carrier of the central bank’s authorized currency may offer it only for the exchange of goods and services. The owner of Bitcoins cannot bid on it because it is a virtual currency that is not allowed by the central bank. However, Bitcoin owners can transfer Bitcoin to another Bitcoin member’s account by exchanging goods and services and even the central bank’s authorized currencies.
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Inflation will reduce the real value of the bank’s currency. Short-term changes in supply and demand for bank currency in the money markets affect the change in the cost of borrowing. However, the face value remains unchanged. In the case of Bitcoin, its face value and real value vary. We have recently witnessed the fragmentation of Bitcoin. This is something like a split in the stock market. Companies sometimes divide a share into two or five or ten parts, depending on the market value. This will increase the volume of transactions. Therefore, although the internal value of the currency decreases over time, the internal value of Bitcoin increases as the demand for coins increases. As a result, the accumulation of bitcoins automatically allows a person to earn. In addition, the first owners of bitcoins will then have a great advantage over other bitcoin owners who enter the market. In this sense, Bitcoin behaves as an asset with increasing and decreasing value, as evidenced by price volatility.
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When original producers, including miners, sell Bitcoin to the public, the money supply in the market decreases. But this money does not go to the central banks. Instead, it goes to a few people who can act as a central bank. In fact, companies are allowed to raise capital from the market. However, they are regulated operations. This means that as the total value of bitcoins increases, the Bitcoin system will have the power to interfere in the monetary policy of central banks.
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Bitcoin is very speculative

How do you get Bitcoin? Of course, someone has to sell it, at a price determined by the Bitcoin market and probably the sellers themselves. If there are more buyers than sellers, then the price goes up. This means that Bitcoin acts as a virtual commodity. You can collect and sell them later for profit. What will happen if the price of Bitcoin falls? Of course, just as you lose money on the stock market, you will lose money. There is another way to get Bitcoin through mining. Bitcoin extraction is the process of checking transactions and adding them to a public ledger known as a black chain, as well as issuing new bitcoins.
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How liquid is Bitcoin? It depends on the volume of transactions. The liquidity of a share on the stock exchange depends on the value of the company, free circulation, supply and demand, etc. depends on factors such as. In the case of Bitcoin, a free float appears, and demand is a factor that determines its price. The high volatility of the Bitcoin price is due to less free float and more demand. The value of a virtual company depends on the experience of their members in Bitcoin transactions. We can get some useful feedback from its members.

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What could be the biggest problem with this operating system? No member can sell Bitcoin. This means that you must first obtain something of value by bidding or mining Bitcoin. Most of these valuables eventually go to the original seller of Bitcoin. Of course, an amount like profit will go to other members who are not the original producers of Bitcoins. Some members will also lose their valuables. As the demand for Bitcoin increases, the original seller can produce more Bitcoin, as is done by central banks. As the price of Bitcoin in the markets rises, the original producers will be able to slowly release their bitcoins into the system and make huge profits.

Bitcoin is an unregulated private virtual finance instrument

Bitcoin is a virtual financial instrument, although it does not correspond to a full-fledged currency and does not have legal sanctity. If Bitcoin owners set up a special tribunal to resolve their problems with Bitcoin transactions, then they may not have to worry about legal sanctity. Thus, it is a private virtual finance tool for an exceptional group of people. People with bitcoins will be able to buy large amounts of goods and services in the public sphere, which can destabilize the normal market. This will be a problem for regulators. The inaction of regulators could lead to another financial crisis, as during the 2007-08 financial crisis. As always, we can’t judge the tip of the iceberg. We will not be able to predict the damage it may cause. Only in the last stage, when we can do nothing but emergency response to survive the crisis, we see everything. We have been living this since we began to experiment with the things we want to control. In some we have succeeded, in others we have failed. Do we have to wait until we see everything?
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Mergers & Acquisitions Can Result from Strategic Alliances

Alliances frequently result in mergers and/or acquisitions. Partnering relationships, such as joint ventures or strategic alliances, can sometimes lead to a merger or acquisition situation. After companies work together for a period of time and get to know one another’s strengths, weaknesses, and synergistic possibilities, new relationship opportunities become apparent. One could argue that a joint venture or strategic alliance is simply the getting to know each other part of a courtship between companies and that the real marriage does not occur until the relationship has been consummated by a merger or acquisition.

To make the point, Dan McQueen, president, at Fluid Components International (FCI) built a Partnering relationship with Vortab, a small technology company. Vortab produced static mixers, a technology suitable for flow conditioning that complemented FCI’s product offering. While Vortab also had three other distribution partners in addition to FCI, FCI’s volume with Vortab continued to grow to the point that Vortab’s technology became an important part of FCI’s total sales volume. After about three years into the relationship, FCI acquired Vortab.

Because of the close relationship between Vortab and FCI, when the Vortab was put up for sale McQueen knew its true value. Resulting from his knowledge, FCI was able to purchase Vortab at a much more realistic price than Vortab’s asking price. The Vortab technology integrated well with FCI’s core competency technology and today FCI also distributes Vortab through some of its non-direct competitors.

The following list demonstrates some of the specific values created or developed from the various organizational blending methods:

· Operational resource sharing

· Functional skill transfer

· Management skill transfer

· Leverage (economies of scale)

· Capability increases


Mergers occur when two or more organizations come together to blend or link their strengths. Also in the deal is a blending of their weaknesses. The hopeful result is a new more powerful organization that can better produce goods and services, access markets, and deliver the highest quality customer service. Mergers offer promise for synergistic possibilities. This is achieved by the blending of cultures and retaining the core strengths of each. In this scenario, a new and different organization generally emerges. The goal is a sharing of power, but usually the strongest rise to the top leadership.

Exxon – Mobil

The Federal Trade Commission gave Exxon and Mobil the green light On November 30, 1999 for their $80 billion merger. The next day the transaction was completed. The merged organization officially became Exxon Mobil Corp. The merger actually brings “the companies back to their roots when they were part of John Rockefeller’s Standard Oil empire. That company was the largest oil firm in the world before it was busted up by the government in 1911.”

At the 1998 announcement of their intention to merge, Mobil chairman, Lucio Noto made a comment about the need to merge. He said, “Today’s announcement combination does not mean rhat we could not survive on our own. This is not a combination based on desperation, it’s one based on opportunity. But we need to face some facts. The world has changed. The easy things are behind us. The easy oil, the easy cost savings, they’re done. Both organizations have pursued internal efficiencies to the extent that they could.”

While part of the deal was the selling of a Northern California refinery and almost 2,500 gas station locations, the divestiture represents only a fraction of their combined $138 billion in assets. Lee Raymond, Exxon chairman, now chairman and chief executive of the merged company said, “The merger will allow Exxon Mobil to compete more effectively with recently combined multinational oil companies and the large state-owned oil companies that are rapidly expanding outside their home areas.”

Exxon Mobil is now like a small oil-rich nation. They have almost 21 billion barrels of oil and gas reserves on hand, enough to satisfy the world’s entire energy needs for more than a year. Yet, there is still the opportunity to cut costs. The companies expect their merger’s economies of scale to cut about $2.8 billion in costs in the near term. They also plan to cut about 9,000 jobs out of the 123,000 worldwide.

AOL – Time Warner

On January 10, 2000, Steve Case, chairman and chief executive of America Online (AOL), sent an e-letter to his 20 million members. He said, “Less than two weeks ago, people all over the world came together in a global celebration of the new century, and the new millennium. As I said in my first Community Update of the 21st Century, all of us at AOL are extremely excited by the challenges and prospects of this new era, a time we think of as the Internet Century.

I believe we have only just begun to see clearly how the interactive medium will transform our economy, our society, and our lives. And we are determined to lead the way at AOL, as we have for 15 years–by bringing more people into the world of interactive services, and making the online experience an even more valuable part of our members’ lives.

That is why I am so pleased to tell you about an exciting major development at AOL. Today, America Online and Time Warner agreed to join forces, creating the world’s first media and communications company for the Internet Century. The new company, to be created by the end of this year, will be called AOL Time Warner, and we believe that it will quite literally change the landscape of media and communications in the new millennium.”

The next day newspaper headlines read, “America Online, Time Warner Propose $163-Billion Merger.” The Los Angeles Times said, “In an audacious deal bringing together traditional entertainment and the new world of the Internet, America Online and Time Warner Inc. on Monday announced they will merge in the largest business transaction in history.”

The story later revealed the value comparisons of the companies. While AOL earns less than Time Warner, the stock market thinks AOL’s shares are worth more. “America Online is valued by the stock market at nearly twice Time Warner–$173 billion, compared with $101 billion as of Friday’s [1/7/00] market close–even though it has one-third Time Warner’s annual revenues.” The article also stated “AOL earned $762 million on $4.8 billion in sales in the year ended Sept. 30 [1999].”
AOL chairman, Case wants to move fast. The Times article stated, “Case said the two chairman began discussing a combination this fall [1999], he has tried to impress upon Levin [Gerald Levin, chairman at Time Warner] the need to operate the new company at Internet speeds.” (We all know the rest of the story…nothing is forever.)

The prophets of gloom are always ready to point out the down side to deals. In UPSIDE magazine, Loren Fox reported some of the challenges to the marriage. They are:

· “The holy grail of strategic synergy has been elusive in the media world.”

· “In the offline world, it’s notable that Time and Warner Brothers have continued to run fairly independently despite a decade as Time Warner.”

· “‘From any standpoint, this has not been a success to date,’ says Yahoo President and COO Jeff Mallett.”

· “When you buy the company, you get things you don’t need.”

· “Warner might make these deals easier, but it might also bring new risks–even for AOL, a veteran of 25 acquisitions over the last six years. Employees might flee to pure dot-com companies, ego clashes could stymie plans or financial gains may never cover the large premium paid for Time Warner.”

· “You don’t need to own everything to do what AOL and Time Warner are doing.”


Merger mania can make strange bedfellows, let alone promises unfulfilled. Alliances can lead to mergers. Warner-Lambert is an example of all the above. This is corporate soap opera at its best.

· June 16, 1999, Warner-Lambert Company announced that it has signed a letter of intent with Pfizer Inc. to continue and expand its highly successful co-promotion of the cholesterol-lowering agent Lipitor (atorvastatin calcium). The companies, which began co-promoting Lipitor in 1997, will continue their collaboration for a total of ten years. Further, with a goal of expanding their product collaborations, the companies plan to explore potential Lipitor line extensions and product combinations and other areas of mutual interest.

· November 4, 1999, newspapers across America report on “one of the biggest mergers of any kind, ever.” The Wall Street Journal said, “Now, American Home is set to merge with Warner-Lambert Co. in a stock deal that is valued at about $72 billion. It stands as the biggest deal in drug-industry history and one of on the biggest mergers of any kind, ever.” Also reported, “Warner-Lambert held talks with Pfizer Inc. at the same time it was negotiating with American Home.”

· November 4, 1999, The New York Times runs a story titled, “Can a Strong-Willed Chief Share Power in a Merger?” The article lead with, “The planned merger between American Home Products and Warner-Lambert once again raises the question of whether John R. Stafford, American Home’s famously strong-willed chairman and chief executive, is capable of sharing and, perhaps more important, letting go of power.”

· January 13, 2000, Warner-Lambert Company indicated that, as a result of changing events, it is exploring strategic alternatives, including meeting with Pfizer, following Pfizer’s recent approach. In that regard, Warner-Lambert said that its Board of Directors has authorized management to enter into discussions with Pfizer to explore a potential business combination. The Company stated that, in light of changing circumstances, its Board had concluded that there is a reasonable likelihood that Pfizer’s previously announced conditional proposal could lead to a transaction, reasonably capable of being completed, that is better financially for Warner-Lambert shareholders than the proposed merger with American Home Products.

Lodewijk J.R. de Vink, chairman, president and chief executive officer of Warner-Lambert, stated, “It has always been the Board’s objective to secure the best possible transaction for Warner-Lambert shareholders and we will now pursue discussions with Pfizer to determine if a combination with them to achieve that goal is possible.” The Company emphasized that there can be no assurance that any agreement on a transaction with Pfizer, or that any other transaction, will eventuate.

· January 24, 2000, in response to inquiries, Warner-Lambert Company said that it would continue to explore strategic alternatives, including discussions with Pfizer. The Company’s unwavering goal is to provide the greatest value to Warner-Lambert shareholders. Warner-Lambert officials emphasized that there can be no assurance that any transaction will be completed and offered no further comment.

Was American Home Products the bride left at the altar? The Wall Street Journal didn’t think so, in fact they called American Home the Runaway Bride in their November article. Additionally they listed several companies that American Home has them selves left at the altar.

· Early November 1997, American Home Products and SmithKline Beecham begin merger talks.

· January 30, 1999, Talks break off.

· June 1, 1998, American Home and Monsanto announce agreement to merge.

· October 13, 1998, American Home and Monsanto cancel plans to merge.

· November 3, 1999, American Home and Warner-Lambert Co. in talks to merge.


An acquisition is basically the function of one company consuming and digesting another. The result is that the acquiring company shores up core weaknesses or adds a new capability without giving up control, as might occur in a merger. Added capabilities, rather than synergy is usually the reasoning behind acquisitions. In this situation, the acquiring company’s culture prevails. Frequently one company will acquire another for their intellectual property, their employees or to increase market share. There are numerous strategies and reasons why one company acquires another, as you will soon discover.

Guardian Protection Services has been acquiring alarm companies within its northeast region of operation to supplement its internal growth. Russ Cersosimo, president says, “This is just another way for us to satisfy our appetite for growth. Our desire is to expand our opportunities in the other offices. That is another reason why it is attractive for us to look to acquire companies, to get their commercial base and commercial sales force that is in place in those offices. We wanted to make sure that we can digest the new accounts without putting strain on our paper flow and the systems we have in place.”

Who does R&D acquisitions well? Electronics Business recently answered, “Cisco Systems Inc., San Jose, the networking equipment company, which boasts many success stories among its 40 acquisitions of the past six years.” None of their acquisitions were in mature markets, rather all were leading edge, allowing Cisco to broaden its product offering. Cisco hedges its acquisition bets through volume. Ammar Hanafi, director of the business development group at Cisco says it counts on two out of three acquisitions succeeding and the remaining third doing just okay. Acquiring people, intellectual properties and specialized skills is important to companies like Cisco. They think that even if the acquired technology does not pan out, they have the engineers. Generally, any fast growing company like Cisco cannot hire people fast enough and the acquired personnel are a boon to the company’s progress. Retention of acquired employees is at the heart of their acquisition strategy. “If we’re going to lose the people who are important to the success of the target company, we’re probably not going to have an interest,” says Cisco controller Dennis Powell.

“Cisco doesn’t do big acquisitions, the cultural issues are too huge,” Hanafi says. Cisco buys early stage companies with little or no revenues. While they often have paid extremely high prices for the acquisition, they seem to do better than most with their selection. Between 1993 and 1996, Cisco bought cutting edge LAN switching technologies for a total of $666 million in stock. More than half was spent on Grand Junction Networks Inc., which developed fast Ethernet switchers. At the time of purchase, it is estimated that Grand Junction’s annual revenues were $30 million. “Today, the four LAN switching acquisitions account for $5 billion of Cisco’s $12 billion in annual revenues.” “We acquire companies because we believe they will be successful. If we didn’t believe in their success, we would not acquire them,” says Powell.

Little known West Coast Texas Pacific Group (TPG) has been acquiring at a feverish pace. Their semiconductor and telecom buying spree includes, GT Com in 1995, AT&T Paradyne (from Lucent Technologies Inc.) in 1996, Zilog Inc. in 1997, Landis & Gyr Communications SA in 1998, ON Semiconductor (from Motorola Inc.), Zhone Technologies Inc., MVX.COM and Advanced TelCom Group Inc. in 1999.

TPG banks heavily on intellectual capital. Many believe that by being part of TPG, their single biggest advantage is access to broad pool of talented and well-connected people. CEOs can take advantage of TPG’s contacts in other industries around the world. “TPG has this ability to build a virtual advisory board…that they don’t even have to pay for,” says Armando Geday, president and CEO of GlobeSpan Inc.

Lucent Technologies, Inc. has also been rampaging through the same market as Cisco. Lucent’s 1999 (January to August) acquisitions as listed in CFO magazine include:

· Kenan Systems for $1 billion

· Ascend Communications for $24 billion

· Sybarus for $37 million

· Enable Semiconductor for $50 million

· Mosaix for $145 million

· Zetax Tecnologia, $ N/A

· Batik Equipamentos, $ N/A

· Nexabit Networks for $900 million

· CCOM, Edisin, $ N/A

· SpecTran for $99 million

· International Network Services for $3.7 billion.

An advantage that Lucent has over its competitors is access to its 25,000-employee Bell Labs idea factory. As such, they are more likely to purchase technology rather than R&D. Still, Lucent continually reviews the comparative advantages of technology and R&D in relationship to its own projects in reviewing acquisition possibilities. Lucent executive vice president and CFO Donald Peterson says, “In every space in which we have acquired, we have had simultaneous research projects inside. It makes us knowledgeable, and lets us have a build-versus-buy option.”

Lucent wants their units as a hole to do well and if acquisition helps that cause, they acquire. Peterson also says, “We view acquisition as a tool among many that our business units can use to advance their business plans. We evaluate acquisitions one by one, in the context of the business strategy of the unit.”

Tyco International Ltd. is a diversified global manufacturer and supplier of industrial products and systems with leadership positions in each of its four business segments: Disposable and Specialty Products, Fire and Security Services, Flow Control, and Electrical and Electronic Components. Through its corporate strategies of high-value production, decentralized operations, growth through synergistic and strategic acquisitions, and expansion through product/market globalization, Tyco has evolved. From Tyco’s beginnings in 1960 as a privately held research laboratory, it has transformed into today’s multinational industrial corporation that is listed on the New York Stock Exchange. The Company operates in more than 80 countries around the world and had fiscal 1999 revenues in excess of $22 billion.

In the mid-1980s, Tyco returned its focus to sharply accelerating growth. During this period, it reorganized its subsidiaries into the current business segments listed above. The Company’s name was changed from Tyco Laboratories, Inc. to Tyco International Ltd. in 1993, to reflect Tyco’s global operations more accurately. Furthermore, it became, and remains, Tyco’s policy to focus on adding high-quality, cost-competitive, low-tech industrial/commercial products to its product lines that can be marketed globally.

In addition, the Company adopted synergistic and strategic acquisition guidelines that established three base-line standards for potential acquisitions, including:

1. A company to be acquired must be in a business related to one of Tyco’s four business segments.

2. A company to be acquired must be able to expand the product line and/or improve product distribution in at least one of Tyco’s business segments.

3. A company to be acquired that will introduce a new product or product line must be using a manufacturing and/or processing technology already familiar to one of Tyco’s business segments.

Tyco also developed a highly disciplined approach to acquisitions based on three key criteria that the Company continues to use today to gauge potential acquisitions:

1. Post-acquisition results will have an immediate positive impact on earnings;

2. Opportunities to enhance operating profits must be substantial;

3. All acquisitions must be non-dilutive to shareholders.

FASB Accounting Rule Change

The rules of the game are changing. Some of the accounting benefits of acquisition will soon disappear. Spending some extra time with your accounting and legal departments could prove beneficial in the long-term.

George Donnelly, in his article in CFO magazine writes, “The current state of accounting rules is clearly a factor in the frenetic acquisition activity at Cisco Systems and Lucent Technologies Inc. Like many high-tech companies, the two giants can acquire with little drag on their finances, because pooling-of-interest accounting enables them to avoid onerous goodwill charges that otherwise would ravage earnings.

But because of the death sentence the Financial Accounting Standards Board has levied on pooling, companies must use straight-purchase accounting after January 1, 2001. Then buyers will have to amortize goodwill for no more than 20 years.”

Consolidations and Rollups

Bill Wade in Industrial Distribution said: “The basic premise couldn’t be any simpler. Take a highly fragmented industry–like distribution–facing technological change, customer upheaval or chronic financing difficulties. Add in a few well-healed foreign firms or, worse, a couple of previously unknown competitors from outside the business. Since the industry leaders are probably family-run businesses with limited succession strategies, the next step to protect profit and continue growth is clear: consolidate.”

A consolidation or rollup, as it’s frequently called, generally occurs when an organization or individual with deep pockets sets out to buy several small companies in a fragmented industry and rein them in under a new or collective pennant. In 1997 the National Association of Wholesale-Distributors reported that 42 of the 54 industries they studied had been significantly affected by consolidation. Frequently a professional management and buying strength create economies of scale that allows the consolidator to pluck the low hanging fruit in the industry. They will invest significantly in systems to eliminate the duplication of effort and inefficiencies that exist within the industry being consolidated.

While some call it smoke and mirrors, many consolidators are yielding outstanding results. In 1997, at 39 years old, financial whiz Jonathan Ledecky pulled off a bold deal. As reported in CFO magazine, He went to the public equity markets and raised half a billion dollars for his company, Consolidation Capital Corp., in a brazen initial public offering. Without revenues, assets, operating history or identity (name or industry), he raised the capital in a blind pool on the strength of his reputation alone.

U.S. Office Products (USOP) is the result of 220 acquisitions. Sharp Pencil was one of six privately owned office-supply companies that Ledecky put together. But he didn’t stop, after two years, and 220 acquisitions later, USOP was a member of the Fortune 500, with $3.8 in revenues. “It was crazy,” says Donald Platt, senior vice president and CFO at USOP. Platt did rely highly on outside resources, including a team of lawyers and accountants to get the job done (the 220 acquisitions). “We restricted then to well-managed, profitable companies. At worst, we would still be making money,” says Platt.

H. Wayne Huizenga is the owner of the Florida Marlins baseball team. He is also the king of consolidators. He pioneered his technique by rolling-up trash-truck businesses to create Waste Management Inc., the nation’s largest waste company. He went on to create the largest video chain, Blockbuster Video. With AutoNation, Huizenga, now struggling, is attacking the retail automobile industry. In mid-December 1999 AutoNation had 409 retail franchises but announced the closing of 23 of their used-car superstores.

Michael Riley learned about consolidations while serving as personal attorney for Huizenga. In July 1999, Riley’s company, Atlas Recreational Holdings Inc., paid $14 million to purchase controlling interest in the only publicly traded RV dealership chain in the United States, Holiday RV Superstores Inc., in Orlando, Florida. Riley’s avowed intention is to grow the company from $74 in annual sales in 1998 to $1 billion by 2003 by acquiring other dealerships.

Riley says, “Consolidations really will help. We can bring advantages to sales and service. We can make a difference in warranty. There is a real value added when you put these companies together.”

Same Industry, Different Strategies

In mid-1997, roll-ups, United Rentals and NationsRent were formed. They are in a race, but are using different strategies to achieve their results. After two years of ravenously gobbling up companies, United had 482 locations while NationsRent had accumulated only 138 stores. NationsRent has been developing a nationwide identity with stores that look-alike and have the same signage and layout. United Rentals presence is virtually unknown since the stores retain their previous appearance.

Motivations for Consolidators

There are several good reasons why consolidators attack a particular industry. The following list provides some of the rational that assist them in their decision making process. As you look to profit from the trend, keep these elements in mind as you make your selection on whom to acquire.

· Confidence by the players that they can capture significant and highly profitable additional market share by implementing the cutting edge management, procurement, distribution and service practices that will give them a competitive edge over smaller players.

· Gain national customers through increased capabilities in delivering the highest levels of standardized service and national geographical coverage.

· Larger customers of independent distribution channels are seeking broader geographic coverage and networks of locations that allow for greater service capabilities, and the smaller customers want a high level of customer service and response.

· Customers’ desire for more product sophistication.

· Insurance and financing synergies.

Fragmented Industries Are Ripe for Consolidations and Rollups

Some industries that are ready for consolidations or rollup examples include heavy-duty truck repair, office products, recreational vehicle dealerships, rental stores (equipment, tools and party) and distribution. Consolidation does not just happen. It is triggered by shifts in supplier and customer expectations. Consolidation in a supplier base or customer pool often alters the economic rational for the structure of an industry. Functional shifts are accompanied by serious margin shifts among channel participants.

Take notice of the speed in which an industry can experience consolidation. If you are a consolidator, pick the low hanging fruit before another beats you to it. If you are fighting consolidation, take notice of the state of your industry and make adjustments (like strategic alliances) to your business plan if your industry is highly fragmented.

· TruckPro, the $150 million sales creation of Haywood and Stephens Investments, was sold in May 1998 to AutoZone, the $3 billion distribution king of do-it-yourself auto parts.

· In June 1998, nine heavy-duty distribution companies with volumes of $6 to $37 million, simultaneously merged and raised $46 million from the public for their brand new $200 million company, TransCom USA.

· Brentwood Associates, a venture capital company, during Spring and Summer1998, created HAD Parts System, Inc. a $145 million operation, by acquiring three companies in the Southeast.

· In July 1998, Aurora Capital’s QDSP acquired majority interest in nine heavy-duty companies from FleetPride, a $200 million parts and service operation.

Stated in Truck Parts & Service, “Here the independent suffers a staggering disadvantage to roll-ups. Consolidators have access to large amounts of capital. The independent businessperson, however, must primarily finance his growth by earnings retains from current operations. New high efficiency service bays, significant and growing training expenses, data processing and communications technology all clamor for increased working capital. The large players’ acquisition cost advantage eventually will win him all the mega-fleet business and the vast majority of business from mid-sized fleets.

Supplementing his parts acquisition cost advantage, the consolidator will be able to lower many overhead costs through centralized management and volume discounts…Combined savings in parts acquisition cost and overhead reduction should easily exceed 4% of sales.”

Some of the indicators that an industry (any industry) is poised for consolidation are listed below. If you notice your industry has similar issues, it is just a matter of time. Plan now for what is coming. Where do you want to be when the train arrives?

· A high degree of fragmentation with numerous smaller companies and few, if any, dominating players.

· A large industry that is stable and growing.

· Multiple benefits for economies of scale.

· Synergies that can be achieved by consolidating companies.

· Infrequent use of advanced management information systems.

· Limited access to public capital markets and somewhat inefficient capital structures among companies.

· Lack of opportunities, historically, for owners to liquidate their businesses if they wish to leave the industry.

Reasons for Business Owners Selling to Consolidators

The reasons for a business owner to sell his or her business are as varied as there are people. Usually it is not one reason but several combined reasons that influence a seller’s decision. The following list provides you with the general areas that might drive a selling decision:

· First generation owner, without heirs, nearing retirement.

· Lack of capital to make necessary technological and capital improvements to compete, within an industry, and with new competitors.

· Flat growth rate in industry.

· Better profitability as part of a larger organization.

· Centralized buying.

DigitalTicks Exchange – Advanced Cryptocurrency Exchange

DigitalTicksExchange: Improved cryptocurrency exchange !!!

DigitalTicksExchange is another crypto-crypto trading platform. It is designed for traders by traders. The idea was launched in December 2017. DigitalTicksExchangeteam comes with the FIRST EMATE CRYPTO EXCHANGE. The team aims to provide the best trading platform for the cryptocurrency market.

DigitalTicksExchange’s Mission and Vision

Aiming to be in the top 3 cryptocurrency exchanges in terms of market capitalization, the team has applied the robust, more powerful and best class technology required for the 2018 leading cryptocurrency exchange with the intention of being the best online trading. platform for cryptocurrency. Our team is dedicated to offering traders and brokers the most adaptable exchange platform, and thus one step closer to the goal of becoming the only user-friendly exchange with the ease of trading cryptocurrencies and cryptocurrencies.

With the increase in the number of cryptocurrency exchanges in the world, the cryptocurrency exchange market has seen many new users involved in trading these currency swaps, but the main challenge for any cryptocurrency exchange is to combat the security of the exchange and thus build trust and confidence. trust in the minds of end users. With multiple cryptocurrency wallet exchanges and advanced Security Audit systems and regular vulnerability testing, DigitalTicksExchange plans to become one of the world’s most trusted digital currency exchanges.

The DigitalTicksExchange team consists of traders and industrialists. Entrepreneurs, Blockchain fans. For the success of the exchange, the innovative developers of DigitalTicksExchange have made every extra effort to understand the needs and requirements of traders, from beginners to professionals. The platform is so personalized that it is easy to use by all market participants, whether it is Hedger, Scalper, Arbitrager or Speculator.

Here is a list of some unique features that will be offered at DigitalTicksExchange

Semi-algorithm functionality

Single Order Portfolio View

Hot key function

Numerous Trading Tools

Multiple Device Compatibility

DigitalTicksExchange Token (DTx)

DTx is a DigitalTicksExchange UTILITY Token. The DTx Utility token can be purchased with Bitcoin, Ethereum and bank transfers. The pre-sale of this token started on March 25, 2018, and the public sale started on April 15, 2018. Token sales ended on June 15, 2018.

The team is pleased to announce a successful Token Sale. During the token sale, the team sold a total of 64 million tokens, earning $ 30 million. DigitalTicks currently has more than 30,000 community members, and their numbers are growing faster.

Advantages of trading on DigitalTicksExchange

DigitalTicksExchange’s trading platform is smoother and offers an excellent User Interface with numerous features required by traders. One of the main advantages of using our platform is that the exchange will not require any transaction fees for the first few months. This can be a great saving opportunity for high frequency traders. We will also offer volume-based incentives to advanced high frequency traders. We love our users and want to create a fair market for all our registered users so that we can help them trade cryptocurrency for profit by submitting regular research reports prepared by our team of expert researchers.

The result

With promotions such as a volume-based model, Maker-Taker Concept DigitalTicksExchange focuses on making trading easier and getting a fair price for trading. In order to be at the top, DigitalTicksExchangeteam is committed to providing all the tools and support required by any trader to trade in the cryptocurrency market. The exchange will be fully developed and commissioned by the end of August 2018 or earlier. The team believes that DigitalTicksExchange will be the most advanced cryptocurrency exchange platform for trading in various cryptocurrencies – crypto, as well as commodity cryptocurrency. !!!!

5 Things You Must Have for a Successful Forex System – To Succeed Online

Forex trading is the largest online financial institution and is growing day by day. The volume of transactions in the Forex market per day is more than the volume of transactions per month on the New York Stock Exchange. If you know the basics and understanding of how the foreign exchange market works, foreign exchange trading can be a good source of income. Of course, as a day trader in the foreign exchange market, you must have a trading plan or strategy before you start trading in this market, but you must have certain characteristics and discipline to stay successful and profitable in the foreign exchange market. make money online.

The following are the features and characteristics that a forex trader must have in order to make sustainable money:

1. Simple trading plan: The first thing a successful trader should have is a trading plan. Most forex experts will tell you that simplicity is the key to winning in the foreign exchange market. You have to follow the same belief, any trading strategy that is too complicated will often surprise you. Remember KISS. Do simple stupidity.

2. Learn to deal with emotions: If your emotions are not managed properly, it can be a big obstacle to making the right decisions about your business. Emotions such as fear, anxiety, panic, and overconfidence should be kept under control when trading in the foreign exchange market. If you have faith in your trading plan, you can conquer all these emotions.

3. Discipline: You need to have the willpower to follow your trading strategy and plan when you are trading, for example, some traders will only get 30 pips a day, no matter how trend the currency is, and they will come out. trade. Always follow your plans and do not be greedy.

4. Good money management: The most important aspect of any trader’s education is the money management aspect. Without proper money management skills, you will soon lose all your money. You should not take into account your potential gains and potential losses before entering any trade, and you should always use the loss stop when placing any order.

5. Focus: As a currency trader, you should always focus on one or two currency pairs to trade. Traders who trade different types of pairs will always be confused and may lose money. Choose only one or two currencies and focus your analysis on that pair to better understand the pair.

You should forget about any complicated forex system and focus your energy on the simple ones. Use a system that is simple and understandable and effective for you, and you will see how profitable it can be for you.

Cryptocurrency for beginners

In the first days of its launch in 2009, several thousand bitcoins were used to buy pizza. Since then, the cryptocurrency has fallen by about 70 percent in mid-2018 to $ 6,000 and then risen to $ 65,000 in April 2021, much to the chagrin of many cryptocurrency investors, traders, or just anyone else. missed the boat.

How it all started

Note that dissatisfaction with the current financial system has led to the development of digital currency. The development of this cryptocurrency is based on blockchain technology by Satoshi Nakamoto, a pseudonym probably used by a developer or a group of developers.

Despite numerous opinions predicting the death of the cryptocurrency, the performance of bitcoin has inspired many other digital currencies, especially in recent years. The success of the crowded financing brought about by the blockchain fever has undoubtedly attracted those who tried to deceive the public, and this has attracted the attention of regulators.

Beyond Bitcoin

Bitcoin has inspired the release of many other digital currencies, with more than 1,000 versions of digital coins or tokens currently available. Not all of them are the same, and their values, such as liquidity, vary greatly.

Coins, altcoins and tokens

Suffice it to say that at this point there are wonderful differences between coins, altcoins and tokens. Although altcoins such as Ethereum, litecoin, ripple, dogecoin, and dashes belong to the ‘main’ category of coins, they are mostly traded on cryptocurrency exchanges, meaning that altcoins or alternative coins generally describe something other than advanced bitcoin.

Coins serve as a storehouse of currency or value, while tokens offer active or utility use, such as a blockchain service to manage the supply chain to inspect and track wine products from winemakers to consumers.

It should be noted that low-value tokens or coins offer positive opportunities, but don’t expect similar meteoric increases like bitcoin. Simply put, lesser-known tokens are easy to buy, but hard to sell.

Before you start cryptocurrency, start by studying the value proposition and technological considerations, i.e. the commercial strategies outlined in the white paper that accompany each initial coin offer or ICO.

For those who are familiar with stocks and stocks, this is no different than an initial public offering or IPO. However, IPOs are issued by companies with tangible assets and business experience. All this is done in a regulated environment. An ICO, on the other hand, is based solely on an idea proposed on a white paper by a business – which is still active and has no assets – looking for funds to get started.

Uncontrolled, so buyers be careful

“The unknown cannot be regulated” probably concludes the situation with the digital currency. Regulators and regulations are still trying to catch the ever-evolving cryptocurrencies. The golden rule in the cryptocurrency space is “caveat emptor”, let the buyer be careful.

While some countries focus on blatant fraud, they are open to adopting policies that are accessible to cryptocurrencies and blockchain applications. However, there are regulators in other countries who are more interested in the disadvantages than the advantages of digital money. Regulators are generally aware of the need to strike a balance, and some are looking at existing securities laws to try to manage the many flavors of cryptocurrencies globally.

Digital wallets: The first step

Wallet is important to start cryptocurrency. Consider e-banking, but exclude the protection of the law in the case of virtual currency, so security is the first and last thought in the crypto space.

Wallets are digital. There are two types of purses.

  • Hot wallets connected to the Internet, which put users at risk of breakage

  • Cold purses that are not connected to the Internet and are considered safer.

In addition to the two main types of wallets, it should be noted that there are wallets for only one cryptocurrency, and others for multi-cryptocurrencies. There is also the opportunity to have a multi-signature wallet, to have a joint account with a bank.

The choice of wallet depends on the user’s choice, whether it is pure bitcoin or ethereum, because each coin has its own wallet or you can use a third-party wallet that contains security features.

Wallet notes

Cryptocurrency wallets have public and private keys with personal transaction records. The public key contains a reference to the cryptocurrency account or address, as opposed to the name required to receive the check payment.

The public key is accessible to all, but transactions are only verified during verification and verification based on a consensus mechanism applicable to each cryptocurrency.

The private key can be considered a PIN code widely used in e-finance transactions. It follows that the user should never disclose the private key to anyone and should not back up this information, which should be kept offline.

It makes sense to have minimal cryptocurrency in a hot wallet, and a larger amount should be in a cold wallet. Losing a private key is as good as losing your cryptocurrency! From strong passwords to malware and phishing awareness, the usual precautions for online financial transactions apply.

Wallet formats

There are different types of purses according to individual preferences.

  • Hardware wallets made and purchased by third parties. These devices work as a USB device, which is considered somewhat secure and can be connected only when the Internet is needed.

  • For example, web-based wallets provided by cryptocurrency exchanges are considered hot wallets that put users at risk.

  • Software-based wallets for desktops or mobile phones are mostly free and can be provided by coin issuers or third parties.

  • Paper-based wallets can be printed in QR code format, containing relevant information about cryptocurrencies that are public and have private keys. They should be kept in a safe place for as long as required during cryptocurrency transactions, and copies should be prepared in the event of an accident, such as water damage or fading of print data over time.

Cryptocurrencies and markets

Cryptocurrencies are trading platforms for those interested in virtual currencies. Other options include websites for direct trading between buyers and sellers, as well as brokers that do not have a “market” price but are based on concessions between the parties to the transaction.

Thus, there are many cryptocurrency exchanges located in different countries, but with different security practices and infrastructure standards. They are those that allow anonymous registration, which requires only an email to open an account and start trading. However, there are others that require users to verify their international identity, known as Customer Identification, and to take anti-money laundering (AML) measures.

The choice of cryptocurrency depends on the user’s choice, but anonymous ones may have restrictions on the allowable range of trades or may be subject to sudden new rules in the country where the exchange resides. Minimal administrative procedures with anonymous registration allow users to trade faster when going through KYC and AML processes and will take more time.

All cryptocurrency trades must be properly processed and approved, which can take anywhere from a few minutes to several hours, depending on the coins or tokens and the volume of the trade. Scalability is known to be a problem with cryptocurrencies, and developers are working on ways to find a solution.

Cryptocurrency exchanges fall into two categories.

  • Fiat-cryptocurrency Such exchanges provide direct transfers from banks or credit and debit cards, or the purchase of fiat-cryptocurrency through ATMs in some countries.

  • Cryptocurrency only. There are only cryptocurrency exchanges that deal with cryptocurrency, meaning that customers must already have a cryptocurrency – for example, bitcoin or ethereum – to be “exchanged” for other coins or tokens at the market rate.

Fees are charged to facilitate the purchase and sale of cryptocurrencies. Users need to do research to be satisfied with infrastructure and security measures, as well as determine the fees they are comfortable with because different exchanges apply different tariffs.

Don’t wait for the total market price for the same cryptocurrency with different exchanges It may be advisable to spend time researching the best price for the coins and tokens you are interested in.

Online financial transactions are risky, and users should consider alerts such as two-factor authentication or 2-FA, keep up to date with the latest security measures, and be aware of phishing scams. One of the golden rules of phishing is not to click on the links provided, no matter how original the message or email.

Liquidity market in the Forex market

The foreign exchange market is unique in terms of trading volume. Large market liquidity, differences from foreign currency traders and wide market make this market one of the most popular markets. In addition, the long duration of the trading period, which lasts 24 hours a day and five days a week, and the variant of the factors that affect this currency make its character even more unique.

According to the International Bank for Reconstruction and Development, the movement of its currency trading market can reach an average of $ 3.21 trillion per day. This large amount is estimated for spot operation, forward contract market, swap market and estimated for reporting margin. In April 2006, international financial services in London, also known as IFSL, reported that the total daily market movement for the currency reached $ 2.7 billion. This estimate was based on the final data of the Monetary Committee in London, New York and Singapore.

Therefore, this type of market has become the most popular market. For those who are fit and have the opportunity, this market has offered great success in the future. However, for those who only pursue their emotional feelings and have no trading knowledge, this market will easily change your financial future. The risk of success and failure in this market is really close and it is easy to trap you. Always be careful when trading.

Currency position

Banks participate in foreign exchange transactions. When buying / selling them, an asset (demand) is formed in that currency, and a liability (liability) is formed in another. Therefore, banks have demand and liabilities in several different currencies that are severely affected by exchange rates.

The probability of a loss or gain as a result of a negative exchange rate change is called currency risk.

The ratio of a bank’s assets and liabilities in foreign currency determines its currency position. If the bank’s requirements and liabilities in a certain currency are equal, the currency position is closed, and in case of non-compliance it is called open. Closed regulation is a relatively stable situation in the banking sector. However, it is not possible to profit from exchange rate fluctuations with this regulation. Being open can be “long” and “short” in turn. A position is called “long” (if the requirements exceed the liabilities) and “short” (if the obligations exceed the requirements). A long position in a certain currency (when the Bank’s foreign currency assets exceed its liabilities) carries the risk of loss. The exchange rate of that currency falls. A short currency position (when liabilities in that currency exceed its assets) carries the risk of loss if the exchange rate of that currency rises.

The following operations affect the currency positions of banks:

• Receipt of interest and other income in foreign currency.

• Conversion operations with immediate delivery of funds

• Transactions with derivatives that have requirements and liabilities in foreign currency (forward and futures transactions, settlement forwards, swap deals, etc.), regardless of the method and form of settlements on such transactions.

To avoid currency risk, it is necessary to work in a closed position for each currency. Imbalances in assets and liabilities can be offset by the amount of currency received and sold. Therefore, commercial banks need to create effective currency risk management systems. The authorized bank may have an open currency position from the date of obtaining a license from the National Bank to conduct operations in foreign currency. To prevent risks or losses in foreign exchange transactions; The Central Bank sets standards for open currency positions. This approach to currency risk management is based on international banking practice, as well as the recommendations of the Basel Committee on Banking Supervision. The parameters of the open currency position in the United Kingdom are limited to 10% and 15% of the Bank’s capital, in France – 15% and 40%, and in the Netherlands – 25%, respectively.

Currency positions are recorded in the account at the end of the day. If the bank has an open currency position, a change in the exchange rate leads to either a profit or a loss. Therefore, the Central Bank is taking measures to prevent sharp exchange rate fluctuations

Forex Trading Hours – The busiest and slowest times to trade

Forex trading success does not rely only on the best forex trading system. You also need to know when is the best time to trade. You need to know which forex trading hours are the busiest and the slowest.

The most active trading hours of the market are when the European and American markets are both open and overlapping. This time is from 13:00 to 16:00 UTC or 8.00-11.00 EST. If you are looking for liquidity and volatility in the market, these are definitely your peak hours.

This is when the shortest traders or scalpers in the forex market enter and trade. There is enough volume in the market, there is enough news, and frankly, there are enough traders to move the market really strong. Almost all major movements take place during these hours. This is because the US and UK markets account for more than 50% of all market transactions.

The slowest periods in the market are naturally after the European and American markets close and the Asian and Australian markets open. Asian markets are open at 20:00 EST, and Australian markets are open at 19:00 EST.

Thus, the markets in the US are very slow after closing from 16:00 EST to Asian markets opening at EST 20:00. If you are a more position trader, it may be a good time to enter if you want to enter the market from a longer perspective.

Money Management Components in Forex Trading

Investors with a money management system included in Forex trading plans know how to control the money they risk in any Forex transaction. When they receive an incoming signal from trading systems, they already know how much money they can invest. They usually invest in terms of the percentage of their capital, and this percentage is always stable. By risking a fixed percentage of the investor’s capital, the Forex trader gradually increases his wealth as he gains. On the contrary, when he loses, his wealth gradually diminishes.

The trader’s profile is an integral part of the money management system. Common trader profiles include Day Trader, Swing Trader and Position Trader. A day trader is someone who orders everything at the end of the day. It also trades in high volumes. The general goal of a daily trader is to have a fast turnover. The swing trader works longer. The position can be maintained for several hours or even days. Timing is key for a swing trader. The position trader gets the longest time frame. He can even hold on to his position for years. It looks at interest rates, government decisions and economic models before making trade decisions. A trader’s profile can determine what management system he has.

The size of the lot or trade also determines how the trader can manage his money. This is primarily determined by the amount of money entering his trading account. It is highly recommended that one’s trading capital be worth at least 3 campaigns, each consisting of ten trades.

Leverage is also part of money management. Although the dealer / broker sets the maximum leverage a trader can use, the investor usually determines his leverage based on each transaction with account size and trading size as factors that will help determine the leverage.

The total capital in the game, which is the percentage of the account used for the margin at a given time, is determined by the number of open auctions, trades and the trader’s leverage at the same time. The recommended number of open trades for new traders is two, and most of the total capital is in the game.

The use of stop loss is also a component and should be consistent with the money management strategy. The interest rate at which an investor is willing to take a risk is an important factor in determining a loss. After calculating the interest, the trader must be sure that he will not exceed that percentage in any Forex transaction.

Managing operations while in office is also important in managing one’s money. The loss can be adjusted when the investor makes a profit from an open transaction, but he must make sure that he does not take too much risk. Proper money management involves learning to stop.

Forex currency trading can be very profitable, but also very risky. Any wrong decision can cost a person capital, so the investor must follow proper money management to protect his wealth.

A guide for beginners to cryptocurrency exchange

The Cryptocurrency Exchange or Digital Currency Exchange is a business that involves the exchange of cryptocurrency for other assets, such as money or any other digital currency. It is a web service that provides electronic payments in electronic forms and receives payment for them.

Any transaction or transactions on the Digital Currency Exchange can be made by debit and credit cards, postal money orders or any other money transfers. This article discusses the various cryptocurrency exchanges that facilitate cryptocurrency trading for beginners and what they offer in terms of availability, ease of use, security, deposit / withdrawal methods, and fees. We hope this guide to cryptocurrency trading can help you get started on cryptocurrency exchanges.

Coinbase / GDAX

Coinbase is one of the largest cryptocurrency exchanges in San Francisco, California. It is available in 32 countries and currently serves more than 10 million customers. Launched in 2012, it has an easy-to-use interface, making it an easy task for anyone who is not a technician at Digital Currency Exchange. Available for both iOS and Android. Unfortunately, Coinbase does not provide cryptocurrency riding for beginners and is only an exchange.

It currently offers four coins, Bitcoin, Bitcoin Cash, Ethereum and Litecoin. It exchanges digital currency for US dollars, euros and British pounds. With minimum transfer fees, Coinbase has never faced any security breaches, which makes it the perfect platform for digital currency exchange. In addition, Coinbase offers a full-fledged advanced exchange called GDAX. Coinbase offers more advanced features and different and better trading fees.


Bitstamp is another platform that provides digital currency exchange. It is relatively easy to use and offers more advanced features via TradeView. Bitstamp offers coins like Bitcoin, Litecoin, Ethereum, Bitcoin Cash and ripple. It exchanges digital currency for US dollars and euros. You can apply all the latest cryptocurrency trading methods on this exchange.

It offers Flat deposits via bank transfers and supports debit / credit cards. Perhaps the only drawback you can find on Bitstamp is the slightly higher fees and the fact that it has been subjected to a security breach for 7 years. Nevertheless, it is one of the most reliable exchanges. Available on both iOS and Android.


The twins are a UK-based company founded in 2015 by the Winklevoss twins. Available in several countries, including the United States, Canada, Hong Kong, Singapore and South Korea. One of the disadvantages of this platform is that it is not particularly user-friendly. Thus, beginners are not recommended to use this platform.

Two coins and 1 FLAT currency offer Bitcoin Cash, Ehtereum and US Dollars. The twins follow strict protocols when it comes to security and have not encountered any security breaches since 2018, making it one of the most trusted and reliable digital currency platforms. However, it is important to have digital currency investment strategies before you start trading.

Digital ticks

Digital Ticks is a modern cryptocurrency exchange aiming to be a game changer in this sector. They use the latest technology to make it easier for everyone to start trading.

It has a unique feature called Single Portfolio View, which allows traders to see all holding positions in one portfolio. Using this unique feature, it would be easy for traders to make informed decisions about cryptocurrency exchange. It also supports Bitcoin, Ethereum, Litecoin and Dashcoin.


Kraken is one of the oldest cryptocurrency exchange platforms. Launched in 2011, Kraken is the largest exchange in terms of volume and liquidity for EUR trading pairs. Serves all over the world, including the United States.

Offers a variety of coins including Kraken, Bitcoin Cash, Ethereum, Monero, Augur, Litecoin and more. It also supports deposit / withdrawal via bank transfers and cryptocurrencies. Having a less user-friendly interface, it also suffers from stability and performance issues, but is still a good platform for cryptocurrency exchange.


Bitfinex is the largest cryptocurrency exchange platform. Launched in 2012, it has an easy-to-use interface and can be used for margin trading, margin financing, etc. offers advanced features such as. It is available for both iOS and Android platforms. Offers BTC, BCH, ETH, LTC, IOTA, XMR and NEO.

Like previous cryptocurrency exchanges, it supports withdrawals using US dollars and euros through bank transfers. Bitfinex suffered two security breaches, the first in May 2015, which resulted in a loss of $ 330,000. The second resulted in a loss of $ 72 million in August 2016.


EtherDelta is a decentralized exchange that directly supports peer communication. This is very different from the cryptocurrency exchange platform discussed earlier. Here, the funds are stored in a smart contract in the Ethereum network, which is your sole responsibility for depositing and withdrawing the deposit. Currently, EtherDelta only supports Ehtereum-based tokens.

EtherDelta has a rather confusing interface that makes it difficult for users to perform cryptocurrency exchange operations. Once someone tried to get 750 Kyber for 0.007 ETH each, but in the end they got 0.007 KNC for 750 ETH.

The result

After looking at different cryptocurrency exchange platforms, we can say with confidence that Coinbase and Bitstamp are distinguished by good features such as security, user-friendly interface, numerous withdrawal / transfer methods and so on.

I wouldn’t call them perfect, but I would recommend that this is the safest bet you can make. Each cryptocurrency exchange platform is unique in its own way and has both advantages and disadvantages. We just need to choose the one that suits our needs. We hope that this guide to basic cryptocurrency exchange and trading will give you a start in your Cryptocurrency trading journey.

Guide to Successful Trading in Major Cryptocurrencies

Cryptocurrency trading has taken the world by storm, and it has become the norm for most traders and investors. If you are willing enough to do research before you start trading, you have a chance to make real growth and profit in the end. The worst thing you can do when it comes to this type of trade is to go into it blindly because it is what everyone else is doing. A little research on major currencies and an in-depth introduction to the basics of buying and trading can make a big difference. Here are some tips to help you succeed in your business.

Take the time to understand how the blockchain works

Blockchain technology has redefined operations and changed everything. A blockchain can be defined as a list of records that are protected by cryptography and converted into related blocks. Blockchains are resistant to data exchange and serve as a public transaction book between the parties. The transparent and decentralized nature of the block chain makes it highly secure, and in the world of breaking it is truly functional and reliable. It solves the problems of manipulation that are becoming clear in the world today. While no one can claim to understand everything that is a blockchain, learning a few basics will give you an easier time with your trading.

Know and learn the best currencies

Due to the popularity of currencies, the virtual currency space is becoming more dense. The fact is that today there are more than 100 cryptocurrencies, which means that you need to know which is the best and most popular, so you can choose the right trade, taking into account the profitability. Bitcoin accounts for half of the entire market with the highest volume, but Litecoin and Ethereum are also in the first place and are overtaking Bitcoin. Learn as much as you can about the currency you are interested in. The more you know, the better you will be at making decisions; In fact you can trade with more than one cryptocurrency without any problems.

Consider native risks

Bitcoin and other currencies are very volatile compared to stock exchanges and gold. Remember that this is still a technology in its early days and faces many challenges. The probabilities of profit are very high, but the risks are the same. Public opinion on a currency can actually affect its prices. Anything that goes up will definitely go down, so be careful with the trades you make. The higher the risks, the higher the rewards, but also ready for losses. Regardless of the cryptocurrency you choose, the best thing you can do is track events that can affect prices and move fast.

Once you know everything that is important in cryptocurrency trading, you can proceed and open a brokerage account and finance it, and then start buying and selling currency. The rewards are many for enthusiastic traders.