Well, first we must define both, Forex or the foreign exchange is a marketplace where international currencies are bought and sold. These fiat currencies are essential, because like it or not that’s the way we currently conduct trades and international business. How do you think French cheese gets into the US? The importer company needs to buy the actual cheese with Euros; this means that an exchange of dollars into euros must be conducted.
This applies to any form of international travelling as well, as a tourist one must exchange their currency in the local one at the given exchange rate. This need to trade currencies is the primary reason why the forex markets are such a lucrative financial instrument. In 2012 a liquidity of 4.9 trillion was reported per day. Unlike the stock markets, the forex market is open 24 hours a day, five and a half days a week.
The rise of Bitcoin and cryptocurrencies was fulminant to say the least! If in 2009 you could buy 33 bitcoins for just a couple of dollars, in 2018 1 BTC is valued currently at almost 10 000 USD with a current all-time high of nearly 20 000 USD. Other specialised coins rose from the Bitcoin system in the form of Altcoins; these are traded on cryptocurrency exchanges 24/7.
Counting House: The Hedge Fund that wants to take Bitcoin by storm!
Counting House is a successful trading company that relies on advanced algorithmic trading and math-based decision-making. However lucrative the Forex markets are, the volatility of the assets has significantly decreased over time, as more and more people join the arena, people are willing to buy the currencies at any given price.
With the total market cap of barely under half a trillion, the Cryptocurrencies market is relatively new, and Counting House wants to be amongst the first who brings precision trading in the cryptosphere. By using the machine trading systems, the team mostly removes the emotional factor and error rates of the human factor.
If the market indicates good signs, the robot will execute the buy or the sell without hesitation. Taking just the BTC-USD pair, the company team have experimented with their current means of trading, the results were staggering, and action had to be made immediately.
The Hedge Fund for tomorrow is here already!
If traditional hedge fund investments were reserved only to the wealthy few, blockchain technology comes along and flips the table on its head. With the distributed ledger system anyone can choose the invest as little or as much as they want because the assignment processes are handled by the blockchain infrastructure.
Once the ICO money is raised, the Crypto Investment Fund will be released on the markets. 60% of the accumulated funds will go towards algorithmic trading, 30% will be used to conduct accurate arbitrage trades between the cryptocurrency exchanges, and 10% will be allocated towards lends for innovative ICO ideas. Do not hesitate to the check out this investment opportunity at Website, Telegram, ANN, Bounty Thread
Dear SIR @arthurwatson ,First of all, thank you very much for posting so beautiful, we generally have very little idea about Bitcoin, many of us do not know Bitcoin without working with Bitcoin,
SIR was very good for your posting, because you provided the right information through which many will benefit, thank you so much for posting so beautiful and will help others by providing such information in future.
After knowing some things then bitcoin should start working,
For example: ...... Bitcoin is the sign currency traded through the Open Source Cryptographic Protocol. There are no financial institutions, regulatory bodies, or fixed houses for Bitcoin transactions. All processes of Bitcoin are completed online through an open source software or through a web site. In 2008, Satoshi Nakamoto introduced this currency system.
So if you share some things with me please do not (-upvote) please