February 2021


4 things you must take into account when working with your employees remotely

Undoubtedly, 2020 was the year of mass changes on a universal scale. With quite a bit of that seemingly following us into this year, we are seeing the same situation repeated. For many, the biggest of those changes involves working from home.

Currently, 41.8% of America’s workforce is operating from home. This is great for staying safe during the current pandemic, but maybe not so great for your employees’ mental welfare or their work ethic.

Running a business at the moment can be challenging. You’re working with a completely new structure, a completely new level of interaction with your employees, and a lack of physical presence, so it can be difficult to ensure that your workers are not distracted or overwhelmed by the work.

So, here are four things that you must take into account when working with your employees remotely.

#1 Ensure that everyone is on task

Something every employer must do is make sure that everyone is on task. This can be anything from setting meetings to using task management software to make sure that your employees are working to the best of their ability on the task at hand.

The best way you can do this is by asking them to create a space they only use for working at, whether that be creating the same space everyday or going into a job without any distractions around them. It’s important to know that your employees aren’t slacking off just because they know they aren’t being watched all the time.

#2 Be aware of insider threats

Being aware of the potential harm an insider threat can cause can be very useful. For example, your staff isn’t being visually monitored, so anyone could be selling off your client’s data to third parties, which can be very damaging to your company’s reputation.

The best thing you can do is make sure you know exactly when your employees are accessing areas that may hold critical or sensitive data. Hence, you know what’s happening at all times, and your employees are only accessing the parts that are absolutely necessary.

#3 Understand the risks of Social Engineering

Cybercrime is a massively growing issue in today’s world. These can be anything from emails to insider threats, to APTs (Advanced Persistent Threats), or even Man-in-the-Middle (MitM) attacks. But social engineering can be a serious problem within small businesses.

It is reported that 43% of all cyberattacks in America target small businesses. This is why you need to invest in some IT management services such as HERO Managed Services LLC to help protect against the rising threat of cybercrime.

#4 Understand cloud security

Cloud security is a massive part of working remotely, and you need to make sure the digital database where you hold such information is fully secure against a hacker. Sometimes, cybercriminals won’t target your business so much but target the database directly, which can, in turn, have a lot of problems. Ensuring that this is protected keeps your data and your business safe.

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Do You Know What A Currency Crisis Is?


A currency crisis occurs when a country’s currency depreciates rapidly over time. A currency crisis typically does not happen overnight – it builds up over time since it is primarily driven by deteriorating domestic economic conditions or political instability. The culmination of a currency crisis occurs in the forex market, with the domestic currency depreciating against other foreign currencies. Sometimes the problems might spill over to other markets such as USA500.

Due to its nature of a slow build-up, currency crises are sometimes unpredictable. This article will explore the causes of a currency crisis and how it manifests in the forex market.

Note that a currency crisis can result in a rapid appreciation of the currency without any changes in a country’s fundamental economic factors in some rare cases.

Causes of Currency Crisis

A currency crisis is caused by several factors, all of which are traceable back to a country’s economic deterioration and lack of confidence in both financial and political institutions to institute proper reforms.

Keep in mind that demand and supply forces determine a country’s currency’s value in the forex market. Thus, when there is a lack of confidence in a country’s economic, monetary, and political institutions, domestic currency demand will fall. Foreigners holding the domestic currency will dump it, which creates oversupply, thus driving down its value relative to other currencies in the forex market.

Here are the most significant causes of a currency crisis.

Economic Deterioration

Endogenous economic factors play a significant role in determining the value of a country’s currency. When the economy is performing well, there is a rise in domestic expenditure, which leads to higher GDP growth. A flourishing economy tends to have lower unemployment. In this scenario, the domestic currency increases in value.

Now, if over time, a country’s economy deteriorates. The rate of unemployment increases, which in turn reduces the domestic demand in the economy. Consequently, the economy goes into a cyclical risk. That means that unemployment leads to reduced domestic expenditure. The depressed spending forces businesses to cut back on production, which leads to layoffs, hence, a higher unemployment rate. If left unchecked, this cycle continues in perpetuity.

In some cases, economic deterioration can be caused by a systemic financial crisis during the global financial crisis in 2007 – 2008. During such times, currency traders can opt for alternative assets like platinum trading to avoid the extreme volatility in the forex market.

Furthermore, economic deterioration can be a direct result of localized natural disasters. Such disasters might cause irreparable damage to a country’s critical infrastructure that ends up crippling economic activities. This tends to lead to capital flight, especially by foreign investors.

Failure of Monetary and Economic Institutions

Suppose the economy is performing poorly, monetary institutions like the central bank intervene to stimulate growth. Such an intervention involves the implementation of expansionary monetary and fiscal policies. Lowering interest rates and an increase in government expenditure are some of the most common measures.

When not correctly implemented, the expansionary measures result in hyperinflation. Cutting the interest rates at a faster pace floods the market with cheap money. Furthermore, a lower interest rate means that investors will receive lower returns. This results in capital flight, which might cripple the economy, especially if a country is highly dependent on direct foreign investment.

Similarly, expansionary fiscal policies might require that the government employs quantitative easing measures or more debt. When governments take on unsustainable amounts of debt, it may overburden the domestic economy with debt repayment. Consequently, most of the government revenue goes towards debt repayment rather than economic development. The country’s international credit rating may drop, which leads to freezes on further international lending and an increase in the cost of credit.

Deliberate devaluation of a currency

Sometimes, a government might decide to devalue the domestic currency deliberately. Most countries that devalue their currencies often have three goals. Firstly, to boost their earnings from exports by making domestic exports more favorable. Secondly, currency devaluation helps to shrink trade deficits and, thirdly, it lowers the burden of debt repayment. When the domestic currency is weaker, debt repayment becomes less expensive. 

Examples of Currency Crises

Turkey’s Currency Crisis of 2018

From January to December 2018, the Turkish Lira depreciated against the USD by up to 47.8%.

The Turkey currency crisis was a result of a series of economic and political failures in Turkey. Economically, Turkey’s trade deficit reached $51.6 billion in 2018, which made it one of the biggest current account deficits globally. During that period, the Turkish economy contracted by 2.6%. More so, there was unprecedented borrowing by Turkish banks and businesses from the international market. Since most of the debt was in USD, the Turkish economy would be positively impacted by any monetary policies in the US.

The Turkish Lira crisis began when the US Federal Reserve Bank started hiking interest rates. In 2018, the US Fed Funds Rate rose from 1.5% to 2.25%, effectively increasing the debt owed by Turkish banks and businesses.

More so, the Turkish government was growing increasingly authoritarian. Politicians interfered with monetary policy decisions, which are supposed to be independently decided upon by the CBRT. Consequently, foreign investors lost trust in Turkish institutions.

2015 Swiss Franc Case

In some rare cases, a currency crisis can lead to an appreciation of the domestic currency. In such instances, the interest rate fluctuation has nothing to do with a country’s economic fundamentals. An example of this is with the 2015 Swiss Franc crisis.

In January 2015, the Swiss National Bank announced that it would de-peg the CHF from the EUR. That meant removing the fixed lower limit in the EUR/CHF exchange rate of 1.2. Consequently, the CHF appreciated against the EUR up to 30%.

Can you Trade Currency Crises?

Well, yes. However, note that it is almost impossible to predict upcoming currency crises. For most forex traders, currency crises only manifest when it is full-blown. Based on historical trends, it might be risky to jump into trades when a currency crisis begins to manifest. You can never be certain for how long the exchange rate will trend. More so, such periods experience extreme volatility, which might end up wiping your trade account.

If you are interested in trading currency crises, be sure to conduct thorough analyses of economic, monetary, and geopolitical factors that may impact a country’s currency.

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Is Equiti Metatrader4 Your ForexTrading Platform?

Forex trading is the change of one currency into another. Traders make profits by taking advantage when one currency rises in value and sell it. There are different platforms that enable these currency conversions to take place and, one of the most commonly used platform is called Metatrader. This is software that was released about 15 years ago to provide an online platform for forex trading. It usually connects a trading system and a trader’s mobile phone or computer, making it popular among its users since you can carry out all your trading activities anywhere.

One of the main reasons traders prefer the metatrader platform is because, once it has been downloaded to the mobile phone, it does not affect the speed of the mobile device. Traders also feel safe on this platform as it enables them tomonitor the market trends. This means that the traders are in a position to make wise decisions while trading.

The most popular metatrader version is called the Metatrader4 (MT4) which is provided by one of the best global brokers, The Equiti Group. Users are confident in this system as it allows them to track on-going trading activities wherever they are, since the app can be downloaded either to the personal phone or computer. The close monitoring is a great way to reduce the losses attached to online trading.

Why choose the EquitiMetatrader4?

The Equiti system has been tried and tested to offer a wide range of services and also handle the large number of online traders flawlessly.This system is the simplest to navigate through and to carry out trading activities as it directly connects the traders and the market and therefore no need for middlemen.

See the link explaining why Equiti MT4 should be your platform of choice.

Diverse trade products

The Equiti Group is best known for trading in different items which include shares from well-known markets including The US, UK and EU. This provides a wide range for you to choose from. They also trade in high-value metals. This means that they trade in highly valued commodities and this increases your chances of earning higher profits. The Equiti Group also trades in CFDs, which stands for the contract for difference. Where the traders buy units of a particular financial instrument which can be sold depending on how they are trending in the market.


The traders are provided with information by The Equiti group to enable them make the best trading decisions. From the information provided, the trader is able to decide on the commodities that are trading well and thus decide on which one to trade on.

Easy app installation

The Equiti metatrader4 app can be installed on either your computer or mobile device. This feature is highly advantageous as it enables the trader to trade and monitor the market activities from wherever they are.


Equiti provides a wide range of information that is essential to the traders. Equiti carries out extensive research and allows the traders to make informed decisions concerning the markets and commodities of trade.

What are the opportunities in trading?

It is important to note that trading has provided a wide range of opportunities which include working from home which means that as you continue to search for better employment opportunities, you can download the Equiti MT4 app and make profits at the comfort of your house. Besides that, online trading is a great opportunity for you to reduce your expenses by having an extra income.

Are there any risks associated with online trading?       

One of the greatest risks that traders may suffer is gaining lower profit margins than anticipated. The returns might be lower than the money invested and this might lead to demotivation. But, this can be curbed by closely monitoring the movement of trading commodities. However, this is not guaranteed.


The most important way to ensure that you make high profit margins as an online trader is to make sure that you are enrolled with the best service provider. The Equiti Group providesplatforms like the Equiti MT4 with the best app features that will protect your investment and sustain your growth.

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Personal loans are available to fund different kinds of personal expenses at a cost-efficient manner. These unsecured loans aren’t only easy to access, but also give you enough funds to manage crises you might be facing. You may easily receive a loan amount up to $25 lakh without any difficulties or extensive paperwork. Apart from that, on account of this collateral-free character of such loans, they have an easy and speedy application, acceptance, and disbursal process.


The preparation stage involves a number of steps, such as finalising the amount of the loan, comparing the loan conditions, finding the ideal interest rate, and deciding the repayment tenor. As a borrower, you must carefully assess your financial capacity and select a manageable instalment. Normally, it is sensible to make certain your personal loan EMIs do not exceed 30-40percent of your earnings, as this provides you considerable sum to satisfy your additional monthly expenses and also save some for a crisis.


Compared to a long tenor, a short tenor increases the amount of your monthly EMIs but reduces the entire interest amount you pay for the loan. This is because a brief tenor usually means your loan amount needs to be distributed among a fewer amount of instalments. As a result, you might find it challenging to handle your EMIs consistently, especially if the instalment amount represents a significant percentage of your monthly income, or if you are already paying for debt.

Select a figure methodically, you may use a personal loan EMI calculator. It’s a free online tool which you can use to calculate your EMIs in line with the loan tenor and loan number chosen. Using this calculator, you can change the loan term and choose the one which most fits your repayment capacity. Both short and long loan tenors have their advantages and disadvantages. Thus, remember the below-mentioned advice before you lock in your loan tenor.


Selecting your loan tenor without due thought is able to make your payments hard and drain your finances. So, take a little time and choose the ideal loan term to avoid any unnecessary strain.


This will only increase the load on your monthly budget and make it difficult for you to pay your EMIs punctually. Try to have a loan only after clearing your other debts first. Doing this will also boost your credit rating.


Are you due for a promotion soon? Are you expecting a bonus shortly? Foresee your fiscal prospects and plan accordingly. The higher income you have, the easier it becomes for you to repay the loan. As your income grows, you can also make pre-payments on your loan to decrease the burden.

Consider ways to increase your income too, like taking a part-time job, taking some additional work, or getting better returns on investments.


Analyse your income and also look into any bonuses that you anticipate in the forthcoming months. Also, consider any assessments and promotions you’re due for. Consider these income hikes while choosing the right tenor for your loan. You can use surplus funds to make pre-payments and maintain a high credit rating.

While you’re available to pick a personal loan deal, you must decide on a lender that provides you the flexibility of repayment.

Aside from that, you also profit from the easy acceptance and disbursal procedure.


Ideally, after paying your EMIs and fulfilling your monthly expenses, you should still have some money left, which you can save for emergencies. As soon as you pick an amount that you are comfortable with, select your loan tenor accordingly. This will ensure that you pay your EMIs comfortably without delaying or lacking any obligations.

Create a monthly budget to cut down your expenses. As a result, you can choose a shorter loan tenor with higher EMIs so that you can eliminate your loan immediately.

Planning to apply for a private loan? Learn how to strike a balance between your monthly instalments along with your loan tenor using the information provided above. As soon as you choose your loan tenor employing the personal loan EMI calculator, fill our application form here, provide your information, and receive your documents verified online. Accept the loan offer and proceed forward with the application process. Once the process is complete, you get your loan approval within 15 minutes.

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Essential Benefits of Forex Trading Signals

There are important tools you need as a forex trader to succeed in your trading. Some of these tools include the forex trading signals. The tools are very significant when trading of forex is concerned. Before you choose any system for your trading, you need to carry a wide investigation to understand how reliable it is and why you need to purchase it.

As a trader of forex, you will need to consider various forex tools to support your careers. Today in the marketplace, you will find many forex signals tools. Some of the tools are payable and others free. It is important, therefore, to research extensively to ensure you are working with the best system. The system of forex trading is able to transfer the currencies at an agreed price. You will find such a system used by many people who are traveling abroad due to the exchange of currencies. To support your forex trading, you need the forex trading signals for various benefits.

Improve the trading

When you need to improve the trade consequences in a shorter time, you require to consider the forex trading signals. Such signals are from usual trading bases or any systematic programs that are using the technical indicators. The use of signals to traders will help them to stop the extra trades of making money for the development of the trading account.


Forex signals are established when automatic computer exploration is used in the market. The system is beneficial in many ways. One of the advantages is that it will ensure the reduction of negative effects of human psychology. With negative psychology, you will find having an increase in failures and errors. However, with the best tools, you will avoid such mistakes to happen.

Monitoring of entry

With a purchase of forex trading signals, as a trader, you will get a better chance to monitor all the entries. More to that, you will have the ability to exit the points without spending your energy and time. The other important thing about signals when trading is concerned is the reduction of worry when doing the market analysis. The reason is that you will get the currency exchange pairs in it already. The signals, on the other hand, will support your development of the trading strategy success.

It is important to open an account on the best and reliable service of forex trading. Such an account will help you to contact the signal provider, who will provide you will the crucial details. After the progression is over, you will get an opportunity to deposit your amount for the start of your trading.

With forex trading signals, you will make the right decision about trading. You will get such signals available to help the traders make the best profit and ensure the trading journey is successful and easier. It is therefore important to consider such signals when you need to start forex trading if you don’t want to lose your resources.

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Review of PrimeXBT Exchange


  • Legal Name: PrimeXBT Exchange
  • Headquarters: Beau Vallon, Seychelles
  • Owner: PrimeXBT Trading Services
  • Year Founded: 2018
  • Exchange Type: Centralized
  • Trading Fees: Maker: 0.05%/ Taker: 0.05%
  • Deposit Methods: Credit cards, Cryptocurrency
  • Supported Cryptos: Bitcoin, EOS Token, Ethereum, Litecoin, and Ripple
  • Fiat: Not Supported
  • Customer Service: Email
  • Trading Options: Spot Trading, Margin Trading

Cryptocurrencies are becoming more and more popular over last few years, as well as the demand for credible and good platforms for trading with crypto. With every new channel that emerges, the bigger the competition for the attention of the user.

Some platforms manage to succeed and others fail very quickly. A super famous platform for crypto is PrimeXBT.

We will go over all aspects of it like the trading, the fees, the features, the supported currencies and a lot more. Let’s get this review of PrimeXBT Exchange started!

In this Article:

  • What exactly is PrimeXBT?
  • Features
  • Fees and Limits
  • Supported Currencies
  • How to register?
  • How to recover your password?
  • Covesting Module
  • How to make a deposit?
  • How to withdraw?
  • Pros and Cons of PrimeXBT
  • How to buy cryptocurrencies?
  • How to sell cryptocurrencies?
  • Mobile App
  • Conclusion
  • Recent Updates
  • Ratings
  • FAQ’s

What exactly is PrimeXBT?

Prime XBT is a website providing Bitcoin-related exchange for trading. It was established in 2018 in the Seychelles. From then on, Prime XBT has been growing very rapidly and has won over customers from 150 countries.

Prime XBT is full of valuable trader resources which are great if you are a beginner or a middle-level trader. You will be able to access the site in 6 languages: English, Spanish, Portuguese, Korean, Chinese and Russian.


1) Leverage: This is one of the features that many advanced traders usually search for, but a lot of websites offer a super limited one. PrimeXBT is better than the competitors, because it has available a 1:100 leverage

2) Asset Coverage: This is a very exciting feature. Traders on the platform can exchange a big range of markets with the help of Bitcoin as leverage – those include cryptocurrencies, commodities Forex (FX), and index.

3) Fees of PrimeXBT: The platform has competitive fees. They are 2 types – the trade and the overnight fee. They are constant – 0.05%.

4) Security: The coins on this platform are kept in a cold storage which means that they are super secure since they are not online and could not be hacked.

5) Customer Support: The most effective and quick way to contact customer support when you need it is via the live on the platform. It is available 24hours a day, 7 days of the week. You can also receive support via email.

Fees and Limits

There are 2 types of fees on PrimeXBT: a trade and an overnight fee. The former is 0.05% and it is paid every time you sell or buy on the market. The latter could vary depending on the liquidity of the cryptocurrencies.

There is no deposit fee. The platform takes a small Bitcoin network fee which is taken from your account when you decide it is time to withdraw from the exchange the Bitcoin. It is then calculated taking into account the blockchain load. This has been set on the platform at 0.0005 BTC.

Supported Currencies

The currencies available for trading are the following:

  • Bitcoin
  • Ripple
  • Litecoin
  • Ethereum
  • EOS Token

There are no withdrawal currencies and fiat deposits on PrimeXBT. Keep in mind that in case of a permanent contract, you will be allowed to use crypto/fiat pairs.

How to register?

Step 1: Go to the website and find the page for registration.

Step 2:  Type your email and a good password.

Step 3: You have the option to also give your phone number. After that you have to agree with the Terms and Conditions

Step 4: Click the ‘Register’ button.

Step 5: Check your email to see the 4-digit code and confirm your registration.

How to recover your password?

In case you ever forget your password, there is an option to reset it. Go to Password Recovery and type your email. You will receive a link and instructions on how to create a new password.

Covesting Module

Covesting allows the users to share their results with other people from the public and have a competition. Traders can monetize their skills by taking payments from their followers, based on performance. It is an excellent second income. The bigger the number of followers, the larger the amount of cash.

Covesting allows traders to copy the behavior of others on the platform. In this way you will be experiencing the same returns the copied trader.

How to make a deposit?

Step 1: Log in and go to the Deposit page.

Step 2: There are 2 options for deposits on this platform – Direct BTC deposits and Alternative Deposits.

Step 3: Copy your wallet address.

Step 4: Then you have to paste it into the field from which you sent funds

Step 5: There is an option to also use the QR code to after that paste the address.

How to withdraw?

Step 1: Log in and go to the Withdraw page.

Step 2: Look for the withdrawal address that you want to use, or type a new one.

Step 3: Type the amount of BTC for withdrawal.

Step 4: Click ‘Submit to withdraw’.

Step 5: Open you email and confirm it.

Pros and Cons of PrimeXBT


  • The fees and the conditions for trading are competitive
  • Crypto asset leverage that is up to 1:100.
  • You can do Credit Card deposits
  • You can take advantage of the Referral System
  • They are also Anonymous Accounts


  • You cannot start with a demo account like some other platforms
  • It is not available in the USA and Canada
  • It is Not Regulated
  • You can receive support only via Email

How to buy cryptocurrencies?

Step 1: Log in and go to the ‘Trade’ tab

Step 2: In the Chart field choose the desired pair for trading and the order size

Step 3: Click on the ‘Buy’. A ‘New Order’ window will appear.

Step 4: The box that opens will ask you to type the amount, order type, and price.

Step 5: Once this is done, you can click ‘Send Order‘.

Step 6: After that you will be able to view the position in the ‘Positions’ tab which is located under the chart.

How to sell cryptocurrencies?

Step 1: Log in and go to the ‘Trade’ tab

Step 2: In the Chart field choose the desired pair for trading and the order size.

Step 3: Click on “Sell”. A ‘New Order’ window will appear.

Step 4: A box will open and ask you to type the amount, order type, and price.

Step 5: When you are done, click  ‘Send Order‘.

Mobile App

PrimeXBT is available on the Apple Store and on the Google Play Store. The app is super advanced and it is a great way to use PrimeXBT on the go. There is still no PrimeXBT APK file, but you can download the app from the Google Play Store.


If you are currently on the lookout for a platform that offers a leveraged cryptocurrency exchange, has advanced technology, reasonable and clear fees, and that is highly secure, you should try out Prime XBT. Given all the aspects that you have already read, it might be a good choice for you.

PrimeXBT has stood out in crowded cryptocurrency trading space. It is very simple to use, has excellent leverage, low commissions and tight spreads.


  1. Overall:                       4
  2. Easy to use:                4
  3. Trading:                      4.5
  4. Fees and Limits:         4
  5. Registration:               4


PrimeXBT – How does it work?

It earns from commissions which are charged to users when they make transactions or withdrawals. If a trader decides to withdraw BTC there will be a fee of 0.0005 BTC. Deposits could be received free of cgarge.

How to create an account on Prime XBT?

Click on the ‘Register” button that is at the top right corner and type the necessary information.

Are there margin trading or leverage on PrimeXBT?

Yes, there is 1:100 leverage for the available cryptocurrencies, indices and commodities and 1:1000 leverage when it comes to Forex.

Where are the headquarters of Prime XBT based?

They are in the Republic of Seychelles.

Is MetaTrader available?

No, there is only the Prime XBT platform.

Can I use PrimeXBT if I am in the USA?

No, you won’t be able to use it.

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Why should you invest in a Monedero Ledger wallet?

Bitcoin was the first currency to be released as an open-source program and is only accessible in the electronic form to analyze the code to access the Bitcoin network.

Actually, via Bitcoin, you will own your assets. llThe bitcoin is a decentralized network that removes people’s need to have faith and unregulated value transactions.

No bank or individual is entitled to pick what you want to do with your cryptocurrency properties. You can use your money 24 hours a day, and you can do it quickly. No one can tell you what your own money is to do because you can access this alone.

The business, organizations, and even governments gradually support Bitcoin. The technological marvel Bitcoin, from technical giants like Microsoft to tour operators such as Expedia, is embraced by an extensive range of enterprises. And the list is rising fast. According to Coinmap, there are currently almost 20,000 stores accepting Bitcoin as a means of payment.

Two factors matter while acquiring Bitcoin: the protection and ownership of your coins.

  • The key to your Bitcoin – your private key – is significant.
  • The person with access to this key owns and can do anything they want with the relevant Bitcoin.
  • You must be this guy.
  • You don’t own this key – exchange does when you buy Bitcoin online.
  • That means that two people think:
  • You don’t monitor your crypto, so you aren’t the valid owner – it’s an exchange.
  • This helps them to set a minimum or a maximum withdrawal limit for your operation. – You’re vulnerable to hack, depending on security crypto exchange.

Although you can guarantee that your account is safe, for example, by using 2FA, you can’t monitor the security of the platform.

Due to the huge amount of cryptography they can steal and were influential in the past, cryptocurrency exchanges are perfect destinations for hackers.

You have to take over your bitcoin to better secure and manage it: you have total freedom to own your cryptography with your private keys.

Monedero Ledger wallet has established a solution to protect and possess this key. The best way to save your funds is to provide you the ability to handle everything on its own, combined with the hardware wallet and the Aplicación Ledger live.

Your private key remains offline in the hardware wallet, and nobody can access or use it except you. You will need your key to enter Aplicación Ledger live‘s main facilities and access all rooms and amenities, just like how you need a master key in a house.

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A Guide to Trading Cryptocurrencies

Are you a newbie to the world of Cryptocurrencies? Cast an eye over this article to understand the basic concepts for investment in Cryptocurrencies.

What are the different types of Cryptocurrencies available?

Bitcoin is the most instituted cryptocurrency and has a market capitalization of over $278 billion. Apart from Bitcoin, there are few other well-known Cryptocurrencies, too, like Ethereum with a market capitalization of about $74 billion, Ripple with a market capitalization of $28 billion, Litecoin with a market capitalization of $17 billion, and MIOTA having a market capitalization of about $13 billion.

How to Buy Cryptocurrencies?

Since Bitcoin is the first type of cryptocurrency, there is a wide range of options available to trade Bitcoin worldwide. You can deal in any digital currency with the help of a crypto marketplace.

Is Cryptocurrency Safe?

The cryptocurrency transactions are transparent and verified by blockchain technology. Moreover, the transaction cost of Cryptocurrencies is significantly less compared to the other modes of online payments.

How to Store Cryptocurrencies?

There are two standard options available when it comes to the storage of digital currency. 

  • You can store them on the exchange itself from where you buy them. However, it is vital to be careful while selecting the exchange. Since digital currencies have become very popular, many new and unknown exchanges have emerged. Some of them can be scammy, too; hence it is essential to choose the right exchange after proper research.
  • The next option is to store your digital currency in hardware wallets. There are several renowned companies like Ledger that allow you to keep your digital money. All you have to do is تحميل تطبيق محفظة ليدجر, and you can safely store any type of digital currency.

How to Learn More About Cryptocurrencies?

The cryptocurrency market keeps on fluctuating. Hence, it is more suitable for a long-term investment. Besides, you can follow trusted accounts on social media and get your daily updates from there too.

You can access established news sites like Business Insider, Coindesk, or Cryptocoin News to get all the updates and reports on the digital currency.

The Bottom Line

In a nutshell, digital currency is the future, which can be evident in the success of current types of Cryptocurrencies. Hence, make sure to keep learning and understand the basics of cryptocurrency to get on the right track. Moreover, once you start making your digital currency investments, you can تحميل محفظة ليدجر to store your coins safely. Thank you for reading!

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Things To Avoid When Registering To A Trading Stock Platform

If you are interested about trading, choosing a good 證券行is a must. There are some who are excited about the opportunity of earning in stocks, so what they will do is to immediately register on the first trading stock platform they will see.

There is nothing wrong if you want to get additional income apart from your regular day job but of course, this you cannot achieve by rushing. Because of rushing, there are a lot of instances when people decide wrongfully and let the red signals pass by.

It is understandable why people are excited about trading. The returns trading can offer is massive provided that the trader knows when is the right time to trade and where. But needless to say, even how enticing this can be, you still have to make sure that before you register, you look at the warning signs.

What Are The Things You Must Avoid Before Registering To A Trading Stock Platform 

Here are some of the warning signs that it is best if you step back on a trading stock platform:

  • Asking for too many personal information

It is given that you will be asked for a few personal information but if there are too many questions being asked, you might want to step back a little and reconsider. You would not want to be asked with a lot of information, especially information that gives no bearing on your trading.

If the site is asking for too many information, there is a chance that it may be phishing. Do not be too easy providing your information as if you do so, you might end up with privacy issues you would never like to face.

There are some people who keep on providing their information online when asked, and they end up with a lot of marketing emails the next day or worse, identity theft.

  • Depositing money too fast

Another important thing you have to seriously consider when registering to a trading platform is how much would you deposit and invest. True that you cannot trade unless you do not have the money to do so, but investing should not be done too fast. You have to make sure that the money you will invest will be put to good use and wont just be gone.

  • Not asking questions

There are some people who are hesitant to ask questions as they feel like it is a sign of weakness. The more questions you ask to yourself, people around you and the online trading platform, before you finally decide on registering can help you a lot in saving up your money.

Do not hesitate to ask as many questions as you can, anyway, it is your goal towards success in this kind of investment.

  • Not taking advantage of the free services

Make sure that you take all the privileges and free services the trading platform offers. If the offer free consultation, grab it. Never hold back and make sure you do not dent any of it.

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Coronavirus Shows Hard Money Is Not Without Its Risks

No form of lending is without its risks. But when it comes to hard money, risk tends to be an out-of-sight, out-of-mind kind of thing. We do not think a lot about the risk simply because we don’t hear a lot of stories about hard money lenders crashing and burning. However, coronavirus has changed things. A number of recent developments clearly shows that hard money is not without its risks.

According to The Real Deal real estate news website, a number of hard money lenders active in New York’s commercial real estate scene are suddenly facing a day of reckoning. The local real estate market is suffering from a lack of interest in both commercial and residential space. And with the market suffering, developers and property owners are unable to generate sufficient revenue to pay their loans.

What do you do if you are a hard money lender who has invested significant resources in a project that looks like it will not be completed? How do you make good on your own financial obligations when clients are not repaying their loans?

Billions in Potential Losses

One of the projects highlighted by The Real Deal involves a hard money lender that shelled out more than $1 billion to finance a new high-rise in Manhattan. Everything was going along swimmingly until the pandemic hit. Now the project has ground to a standstill. The lender stands to lose it all if they cannot find a new developer to take over the project. Repossessing and selling the property as-is wouldn’t even come close to paying off the loan.

At the root of the problem was the high acquisition cost paid for the land itself. At approximately $1,100 per square foot, it was one of the costliest real estate deals in New York’s history. It is highly unlikely the lender could sell the property for that much now, especially with the city’s real estate market in decline. The only remaining option is to complete the project and get the space rented.

It’s All About Collateral

Salt Lake City’s Actium Partners, a hard money lender with a penchant for real estate deals, says hard money is all about collateral. Lenders look good and hard at whatever collateral borrowers offer. In the case of land development, the future value of the property being acquired often serves as loan security. Unfortunately, this adds an element of risk to the equation.

As the lender on the New York project found out, future value is never guaranteed. They are married to collateral that now has insufficient value to cover the debt. If they cannot find a new developer to take over, it could be lights out.

On the other hand, what if the original developer had offered other properties as collateral? A few other properties already generating revenue would be more realistic targets for seizure and sale in the event of default. The lender’s risk is substantially mitigated under such a scenario.

Assessing Risk Case-By-Case

If nothing else, the pandemic’s effect on hard money lending reinforces the idea that risk must be evaluated case-by-case. It is clear that the lenders cited by The Real Deal are in trouble. But it’s also clear that not all hard money lenders are having a tough time of it. Some are doing very well even in the midst of the ongoing coronavirus issue.

The truth is that hard money is not without its risks. Lenders and borrowers alike assume a certain amount of risk whenever they agree to do business. Risk is a fundamental principle of both traditional and nontraditional lending.

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