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12/8/2020 Flare Finance: The Future of Decentralized Finance - Get Ready To Unlocking Value With XRP and SPARKRead NowFlare Finance: The Future of Decentralized Finance - Get Ready To Unlock Value With XRP and SPARK. This is the new Ethereum! New world of financial blockchain coming with the FLR Spark token and Flare Networks. Make sure to claim your Spark coin and keep it with your XRP coin. The is future of global finance. You have been warmed! 
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9/8/2020 How to Start Investing in Stocks: A Beginner's Guide (How to Invest in Stocks for Beginners)Read NowHow to Start Investing in Stocks: A Beginner's Guide (How to Invest in Stocks for Beginners) Investing in stocks has been proven time and time again as among the most reliable income generators in the long run. However, for beginners, the mere thought of investing in stocks can seem daunting and even scary at first. To help ease your mind and wash away your worries, this short guide will introduce you to the world of stock investing so you can proceed with your journey with lesser burden on your shoulders. What are Stocks, Anyway? A stock is a part-ownership of a business. A business is like a pizza. When you divide it into slices, every pizza slice represents a share of the business. The main objective here is to create a portfolio of growing and strong companies for you to take advantage of their growth and success. A company that does well will earn more money that will let them pay higher dividends to its stakeholders. Companies with growing dividends and show quality growth also benefit from higher share prices in the long run. However, it is worthy to note that while stock market returns are often positive in long-term, they have the tendency to be volatile in short-term. To get started with stock investing, here are some steps you can follow: Identify What Type of Investor You Are There are primarily two ways to invest in stocks. You can be a DIY investor or you can outsource the job to professionals. Going DIY is better if you want to be more hands-on in choosing equity funds and stocks. Meanwhile, you can let the professionals handle everything on your behalf if you consider stocks as good investments in the long run but you want someone else to oversee the process. Determine the Allocation for Stocks in Your Investment Portfolio The general rule of thumb is to avoid investing money you will need in the next 12 months or 1 year. While investing in stocks has overwhelmingly positive long term returns, the short term ones tend to be very volatile. Before investing in stocks, you have to ensure that you already have an emergency fund in place as well as enough money for paying off all your borrowings such as mortgages and credit card bills. How much you allocate for your stock investment is totally dependent on whether you can tolerate volatility or not. Don’t forget that stock prices can fluctuate in a span of 12 months. For some, this is comfortable but others don’t find it so. What is important here is that you know your own comfort level when you decide on the allocation you want for your stock investment. Open a Brokerage Account A brokerage account is necessary when investing in stocks. There are numerous companies where you can open one. One of the biggest benefits for modern investors is how much the costs of trading have gone down for the past few years. There are even online stockbrokers that have completely removed trading commissions. The key differentiators among brokers are their trading platforms, research platforms and educational tools. Every platform has its weakness and strength so make sure you conduct a research first to determine the broker that best suits your needs. Investing in stocks shouldn’t be a daunting prospect. As long as you know what to do, you can be well on your way to having a positive investing experience! All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks:  How to Start Investing in Stocks A Beginner's Guide (How to Invest in Stocks for Beginners) How to Invest and Trade with Cryptocurrency From the time it was introduced back in 2009, cryptocurrency has quickly transformed from being a disregarded blip on the computer screen into a global phenomenon that make and break fortunes with its soaring growth trends and typically volatile patterns in trading. Different Types of Cryptocurrency There are currently more than 1,000 types of cryptocurrencies that exist, collectively called altcoins. These include the grandfather of the cryptocurrency trading market today, none other than Bitcoin. Active traders of altcoin have plenty of options to choose from. But, fledgling or less active cryptocurrencies might have limited opportunities for trading that could mean fewer buyers once it is time to sell. New traders who don’t like to be overwhelmed with all the options can focus their initial trading on the primary types of cryptocurrencies to have the assurance that they will trade in an active market. The leading types of cryptocurrencies today include Bitcoin, Ethereum, Litecoin, Zcash, Rippple (XRP), Dash, and Monero. How is Cryptocurrency Trading Done? Cryptocurrency trading is almost comparable to forex trading in many ways with the markets in different flat currencies from various corners of the world get traded against one another. Cryptocurrency trading is just like forex as it lets traders buy cryptocurrency with US dollars. Cryptocurrency traders can also trade with buy and hold strategy. They can also trade the weekly or daily up and down volatility. There are various strategies available that will help you potentially profit when a cryptocurrency goes down in value, such as binary options and futures contracts. As a result of the volatility in altcoin and Bitcoin trading and the common use of leverage in such trades, betting on the downward price move, called shorting, is not recommended in general for traders with less experience. With Bitcoin trading for thousands, this may seem as like its cost is price-prohibitive for many traders to take position. However, Bitcoins as well as other cryptocurrencies could be bought as decimal-based fraction of a coin. Even though Bitcoin is only limited to 21 million coins, with around 17 million of them being circulated, the ability of trading partial Bitcoins allows the split of each of these 21 million coins 100 million times in theory. Current exchanges in practice don’t really support these small trade units. Many exchanges let you specify the amount you wish to purchase in US dollars. This exchange computes the amount of Bitcoin or altcoins that you can purchase with this amount. Invest in Cryptocurrency to Gain More Exposure Investors looking for an easier way of investing in cryptocurrencies could now invest in the funds that buy altcoins or Bitcoin. These funds carry a substantial premium unlike direct trading. However, they simplify the ownership of cryptocurrency and offer a way of gaining exposure to the cryptocurrencies in the more traditional investment accounts such as personal accounts and IRAs. Grayscale Bitcoin Investment Trust that trades as GTBC is the most popular cryptocurrency fund. The fund’s success prompted Grayscale to introduce additional four cryptocurrency funds, including XRP Investment Trust, Litecoin Investment Trust, Ethereum Investment Trust and Bitcoin Cash Investment Trust. Higher expenses with the funds can lead to lower returns compared to direct cryptocurrency trading. However, funds can offer other benefits and could be bought through various traditional investment accounts. Cryptocurrency is among the most exciting new classes of asset ever seen in the markets. Since this market is still in its infancy with limited consumer protections put in place, it is up to the investor or trader to keep himself safe and protected. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks:  What are the Top Investment Options for Retirement ? Retirement is that stage in your life when you can finally enjoy and take advantage of all the fruits of your hard work. But before you reach this phase, it is important to be familiar with the best investments that can generate income on a regular basis to help you live comfortably once you are past your prime years. So, what are the top investment options for retirement, then? 1. Immediate Annuities From the name itself, you can deduce that immediate annuities offer guaranteed income right away. These are a type of insurance instead of investment but they still belong to this list as they offer steady flow of income. Immediate annuities are good options if you find it hard to stick to your spending limits, you cannot follow your investment plan or you don’t have monthly income sources aside from Social Security. 2. Retirement Income Funds These are great investments for people who don’t want to monitor their portfolio all the time. Retirement income funds are mutual funds that invest your money automatically in a diversified portfolio of bonds and stocks. The goal of these funds is to generate income every month. Many people are familiar with mutual funds that make them more comfortable with having retirement income funds. Similar to mutual funds, these are also set up to give you access to your money any time you need or want. 3. Bonds Bundled in funds or individual bonds are loans given to corporations, municipalities or governments that pay regular interest to you. Once bonds reach their maturity, you can get back their face value. Bonds have lower risks compared to other forms of investments so their returns are also often lower. You can buy bonds not for the purpose of growing money but for their regular interest income and for guaranteed principal you can get once they mature. 4. Real Estate Investment Trusts Real Estate Investment Trust or REIT is a type of mutual fund that combine real estate holdings such as commercial structures, apartment building, vacation properties and others. Professionals will supervise the properties for a fee. They will also pay expenses and collect rent and you will get the remaining income. Being part of a diversified portfolio, an REIT can be a great choice for investment when you retire. 5. Rental Real Estate More work and hands-on approach is required if you will rent out property to earn an income once you reached your golden years. If you plan to invest in rental properties, it is best to research and give it careful thought. Before deciding to be a landlord during your retirement, you have to think of the expenses that your rental property will incur during the timeframe you plan to have the property under your ownership. These include natural disasters, maintenance, damage from careless renters and such. Vacancy rates must also be considered. Remember that these are investment options for retirement and not tools for financial planning. Always come up with a feasible retirement plan first before buying financial products. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks:  Investment for Beginners
No matter what your life goals might be, you won’t be able to fund them if you don’t have money. Most of the time, the money you need is more than how much you have at the moment. This is where investments come in handy. Investing is an activity that helps you afford things important in your life, such as a car, house or your dream vacation. As you already know, you won’t be able to pay for these if you only try to squirrel away the small cash you have. Read this guide on investment for beginners to help you learn more on what is involved in this venture: What is Investing? When you invest, you use your money to purchase something you think you can sell later on to earn more money. Investing is not gambling nor is it stashing your money in a savings account. Where Can You Invest? There are several things you can invest in and these include the following: Shares – Shares are a small portion of a business or company. Once you buy a share, technically, you will own a piece of that company. When the company does well, you also do. Its reward comes from the increased value of the share you own as well as from the regular payments given by the company to its shareholders. These are what you call dividends. Property – With the increasing house prices, it is not surprising that more and more people are investing in properties. It could be house or apartment that you rent out or shares in property companies that invest in shopping centers and warehouses. Funds – You can also put your money in funds if you don’t want to own individual company shares. Funds are effectively groups of shares. There are still other options for investment for beginners including bonds, cryptocurrency, precious metals and even wine. Investment for Beginners – How to Get Started To get started with investing, first, you need to choose a platform, set a budget and take your pick of funds and shares. There are places where you can buy funds and shares. These are called investment platforms and supermarkets and they got useful apps and websites that can help you out. You will be charged with two types of fees. The first one is for the use of the platform and the second is when you sell or buy your investment. Before you start, you should understand your motivation for investing. What do you want to achieve? How much money could you afford to lock away? How long do you still got? How much are you willing to lose? When it comes to investments, it is also a good idea that you pay down painful debts with high interest rates. The advantage of doing this can help offset gains in your investment. You also need to check that you already have a rainy day fund in place or money allotted for emergencies. Once you have done all of the above, you are now officially ready to get started with your investments. Always keep things simple at first. Start with small amounts and invest only in things you understand, like shares in the business where you buy from regularly. As far as investment for beginners is concerned, your objective is to start, watch what will happen and improve your level of comfort and understanding of this venture. Forex Trading Terms: 50 Terms Foreign exchange, or also referred to as FX and Forex, is the exchange of a particular currency for a different currency. Sadly, this is not straightforward all the time and might even be a bit complex. Before you consider trading currency pairs, it is important that you make yourself familiar first with the most common Forex trading terms being used. Below are the 50 terms that you will surely encounter once you stepped into the world of forex trading. Ask price Bid price Ask/bid spread Pip Base Spread Leverage Quote Bull market Bear market Federal reserve Broker Inflation Gross Domestic Product or GDP London Interbank Offered Rate or LIBOR Interest rates Foreign exchange volatility Relative Strength Index or RSI Commodity Channel Index or CCI Correlation Moving Average Convergence/Divergence or MACD Purchasing Managers Index or PMI Consumer Price Index or CPI Quantitative easing or QE Take profit Stop loss Technical analysis Fundamental analysis Majors or major pairs Minors or minor pairs Crosses or cross currency pairs Arbitrage Asset backed security or ABS Bar chart Back office Base currency Benchmark Binary option Breakout Break-even Buy stop order Buy limit order Contract for Difference or CFD Carry trade Consumer Price Index or CPI Commodities Cryptocurrency Dealer Carry trade Swing trading As you can see, there are a lot of acronyms and technical terms being used in the Forex trading world. Whether you are a new trader who is just getting started or you have already been trying your luck in the market for some time now, it is important that you always read, learn and build on your existing knowledge so that you can become a more knowledgeable and well-rounded trader who has the view and the potential to become more successful and profitable in the long run. Just so you know, the stupidest question in the world is the one that you don’t even dare to ask in the first place. So, every time you log into your chosen trading platform and you see a few forex trading terms that you haven’t heard of or encountered in the past, don’t think twice to ask, research and know more about it on your own. The thing about forex trading is that it is like a wild beast that is hard to tame at first. However, once you armed yourself with education and the right tools, there is simply no reason for you to continue to improve and grow as a trader. Never allow the complex and ominous-sounding forex trading terms above stop you from giving this venture a try. Just like with anything else in the world, you will never know what lies behind that door if you don’t dare to open it first. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks:  Pension, Retirement and Investment Goes Well Together Pension, retirement and investment are three words that go well together for a good reason. It is not enough that you just save up as much as you can. If you want a comfortable retirement, you need to plan for it carefully and part of that planning would be your investment and pension. Investment and Asset Management Until now, chances are your strategy was focused on monetary accumulation. But if you are already retiring, you have to rethink about asset management. You might be withdrawing cash from your accounts for retirement instead of accumulating so you might want to reallocate some assets you have into investments meant to meet all of your short-term needs. However, you might still have very long term needs for 20 years or so. If this is the case, an approach for long term investment remains necessary. It is common for retirees to be averse to risks. With the absence of a steady working income, they worry about the unexpected dwindling of their nest egg and their first reaction is to seek investments with very low risks. Before changing your portfolio mix, don’t forget that your retirement goal is to be financially independent for the rest of your life. It means that you have to consider the impact of inflation, the market and longevity on your portfolio. Importance of Pension Everyone looks forward to that time when they can finally retire. The state pension is enough for some people to offer a basic income level. Others might have the chance to acquire wealth without pension schemes, such as through business ventures and assets. However, many people still wish to supplement the investment and existing nest egg they have with a pension scheme of one form or another. Most employers also understand that even if their employees are still working, it is important for them to build up a pension entitlement once they retire. There are several benefits associated to pension arrangements and these include the following: Pension schemes can offer protection in lump sum form and pensions to the dependents in case the member passes away. When a person retires, their income will be reduced and a pension can somewhat make up for this income loss during retirement. To promote pension schemes, there is a tax relief available for contributions allotted for pension schemes as well as the growth in such investments. Decide on Your Retirement Lifestyle If your goal is to stick to your lifestyle at the moment, the general rule of thumb is that it could be 80% of your present expenses. Such estimate that may differ based on individual circumstances is according to the assumption that you will have a lower cost of living since work-related expenses will be eliminated such as restaurant lunches, dry cleaning and commuting costs. However, most financial experts suggest that you plan maintaining 100% of your existing costs or even more. There are retirees that even need more money due to their travel plans and other forms of expensive recreational activities. You also need to factor in the increasing healthcare costs. At the end of the day, if you want your retirement to be as comfortable as possible, pension and investment are two things that you should be paying attention to as early as now. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks:  How to Invest in Gold, Silver and Other Metals If financial planning and investing are particularly interesting to you, there is a chance that you are also familiar with investing in gold, silver and other precious metals. Most expert financial advisors suggest that you diversify your portfolio or spread your investments across a variety of commodities and stocks to mitigate risk. If there is a drop in value in one investment, it would be great if you have other investments that the market might not affect directly. This short guide will give you an overview of how to invest in gold, silver and other metals to help you decide whether this venture is right for you or not. Popular Types of Precious Metals Precious metals are metallic elements that naturally occur in nature and are somewhat rare to find that explains their value throughout history. Metals such as silver and gold are often found in jewelry yet these precious metals have numerous industrial uses, too. The demand and supply of these metals in different industries is the reason why the spot prices or the metal’s current price stays in flux when the markets are open. Gold, silver, platinum and palladium are the most common types of precious metals that are used for investing today. There are also investors who opt to buy copper, iron, magnesium, zirconium and other metals with a plethora of industrial uses. How to Start Investing in Gold, Silver and Other Metals Goal setting and identification is the very first step to a good and solid investment plan. It will help you determine the types of investment options that will help you reach your objective. It doesn’t matter if you have long term or short term goals as there are different ways to start investing in precious metals. However, don’t forget that precious metals must just be a part of your investment portfolio. Having a healthy mix of different investments will keep your finances safe and protected from market volatility. Below are a few ways to invest in precious metals: Silver or gold stocks It is an investment in companies mining metals and not necessarily the metals themselves. This gives an indirect way of investing in the precious metal market. ETF or exchange-traded fund It is a basket of funds that tracks an index or commodity. This is a security on investment to help you earn profit while other people buy metals. You could get an ETF for silver, platinum or gold as a liquid means of buying metals. Precious metal IRA It lets you take advantage of metal ownership with no need to worry about their transport or storage. The metals are instead kept safe in the bank vault. Physical metals Precious metal bullion can be purchased in the form of bars, rounds, and coins. Provided that you have a secure and safe way to store them, having physical metals give you a tangible asset to protect your wealth. It is a more favorable choice for people who prefer to incrementally acquire wealth through the years. Now that you have an idea on how to invest in gold, silver and other metals, try to explore as many possibilities as you can to reap the rewards of your investment. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks:  How to Invest for Profit in Times of Recession Can you invest and earn profit during a recession? While this question might seem contradicting, did you know that not all hope for investment is lost if the markets are bad? How is it possible, you ask? Well, don’t forget that your habits for investing don’t also go on a literal recess if there is a recession, which means that it is still possible for your money to continue growing. The good news is you can do it profitably and healthily. Check out these tips on how to invest for profit in times of recession: 1. Watch Out for Good Stocks To be more specific, make sure you keep a close eye on stocks of companies that sell or produce essentials, including those food manufacturers, supermarkets and large retail chains. These stocks often suffer from less impact when there is a recession since their products enjoy constant demand. This only means that there is a reduced risk that their stocks will fluctuate even if the economy is on a decline. You can also invest in stocks of companies that have low DE or debt to equity ratios, particularly if their prices are lower during recessions. 2. Embrace Some Bonds Bonds are famous for being stable even when there are changes in the economy provided that you purchase a bond from a bank or other reliable institutions. To make things even more exciting, you have plenty of options to choose from during recession as far as bonds are concerned since more institutions will try to offer them to increase emergency funding whenever necessary. You can also invest in bonds with longer periods of maturity if you think that it will only be a short-live recession. 3. Turn Your Real Estate Dreams into Reality If you are wondering if you should invest in real estate and property when there is a recession, the short answer is a big YES. Most of the time, recessions make property prices drop considerably steeply and quickly since consumers usually focus more on saving money and dealing with high living costs instead of searching for real estate. As a result, the property supply exceeds the demand. However, don’t forget the dip is often a short one. It means that if you bought a property during the start of a recession, you can sell this property at a decent profit once the economy is on the road to recovery. 4. Pay Attention to New and Small Businesses Economic challenges force organizations and businesses to evolve in their attempt to survive and grow during recessions. It is for this reason that you should keep an eye out to businesses with unique offerings, particularly the smaller ones, if there is a recession. Putting your investment in such companies during economic struggles is a move that can give you high profits, especially when they survive and start to flourish when the economy recovers. 5. Warm Up to Precious Metals Putting your investments in precious metals such as gold is a very wise move, such as during recessions. The reason is simple. The prices of these metals see positive growth rates after some time, including economic downturns that make them a secure vehicle for investment. These are some of the ways on how to invest for profit in times of recession. Just remember, though, to research and be prepared to prevent disappointments. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks:  45 Basic Investing Terms You Should Know For Beginners Contrary to what most people believe or assume, you don’t really need to know everything at once just to get started with investing. The truth is that if you still wait until you finally know all the things there is to learn before you dare to start with the venture, chances are you won’t even be able to begin investing in the first place. For a beginner, the thought of investing money can be quite intimidating. There is always that anxiety associated with facing risks while knowing that there is a possibility that you won’t get all your money back. But there is no doubt that one thing more intimidating here is dealing with the investing jargon. Veteran investors and financial advisors use a long list of buzzwords that average investors to understand. However, the language could serve as a serious barrier. However, there are 45 basic terms you should know for beginners and should be added to your investing arsenal. It would be of great help to understand these terms to ensure that you don’t miss some things you should know or veer away from all of your personal financial goals and objectives. After all, it wouldn’t hurt to be familiar with the basics, right? So, if you have always wanted to invest yet you feel like you are going to another planet where your cash might not be welcomed at all, maybe the best thing you should do is to learn first the language. This list is not really comprehensive by any means yet having a good understanding of these terms can give you more confidence once you start investing. Stock market Stocks Yield Return Volatility Risk-reward ratio Outperform P/E ratio or price to earnings Passive funds Portfolio Net worth Initial Public Offering or IPO Mutual fund Market capitalization Income statement Investment strategy Leverage Index funds Inflation Financial statement Gilts Fund ETF or Exchange-Traded Fund Gearing Equity fund Equity or equities Dividend Emerging market fund Emerging market Cyclical stocks Commodity Diversification Capital loss or capital gain Capital Book value Bull market Bond Broker Blue chip Bear market Balance sheet Asset Asset classes Beta Alpha Learning some or even all of these common and basic investing terms can pay off literally and give you that much-needed confidence boost as a result. Are you familiar with these terms? How many of them are familiar to you and how many are never heard of or completely new? As you think of the different ways of investing your hard-earned money, make sure you continue using and being familiar with the terms above to serve as your guide. Once you have a better understand of each of these terms, you can expect to feel more confident to research about the potential investments that you can try. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks:  DREAM big! Learn How To Invest and How To Trade Online. New BMW X7 !!! It's Possible! What is Day Trading? Day trading can be your ticket to make some money and achieve your dream of being financially independent. It is possible to day trade almost all markets but the most common ones are stocks, Forex, cryptocurrencies and index futures. But, what exactly is day trading? What made it so popular today? Day Trading at a Glance Day trading is basically a form of trading where you buy and sell securities in the positions that are typically opened and closed within the same day. As stated earlier, liquid markets can all be day traded, such as index futures, commodities, stocks, Forex as well as other derivatives. How is Day Trading Done? Instead of fundamental data, sentiment and charts are the tools that day traders use to come up with trading ideas. There are day traders specializing in trading the regular list of extremely liquid instruments such as Forex pairs and CFDs or index futures. There are also day traders who prefer to trade stocks wherein they search for the most volatile and active stocks on a daily basis. Several approaches can be used for day trading although successful traders almost stick to the disciplined process to identify and carry out trades every day. It includes research right before the opening of the market as well as after its closing. They also develop a watch list and create new strategies. A good trading strategy must include some or all of the elements below: Filter It is a must to trade only a specific strategy if the correct market conditions are all in place. The filter is the set of rules in relation to volatility, volume, position of specific indicators and time of day that will tell you when to start searching for setups. Setup Setups are the second set of conditions and rules that must take place before entering a trade. Once all the conditions are put in place, you have to look for a trigger. Trigger Triggers define the precise moment you should enter the trade. It is the final event that must occur to confirm the trade. Most of the time, a trigger involves the price or indicator that crosses a particular level and closes below or above that level. Position size Every strategy must have a specific way of calculating the size of the trade you will be entering. Initial stop loss This is the price level wherein you will close the losing trade to prevent additional losses. When you know your positions size and stop loss level prior to entering a trade, you will also know the maximum risk you have for that trade. Price target This is the level wherein you will partially close or close a trade. It is often the price level that has the highest probability of profit generation and being reached. Trade management plan This includes techniques such as scaling, trailing stops as well as the time when you will close the position the closing of the market. When it comes to day trading, it is a must to monitor your performance on a regular basis to weak on your weaknesses and build on your strengths. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks: What are the Top Crypto Currencies to Invest In? Cryptocurrency is expected to make waves in the world of investments this year and it doesn’t come as a surprise at all. Among other types of commodities, cryptocurrencies are among the investment products with the highest yield. If you have plans to invest in these products, one question that is probably bothering is “what are the top crypto currencies to invest in?” While there are already several cryptocurrencies that are getting the interest and attention of many traders, below are the best choices you have if you want to make the most out of your investment. 1. Bitcoin Bitcoin is and will continue to be the first choice for new and existing crypto investors alike. The past several stints have worked wonders in the popularity and value of this cryptocurrency. Most investors are even hoping that the price of Bitcoin will reach a new all-time high record. The currency is expected to continue dominating the market this 2020 and maybe even beyond. 2. ETH ETH, the Ethereum blockchain network’s native cryptocurrency, is the single digital coin that managed to keep up with the reputation and popularity of Bitcoin. This is an altcoin that uses practical smart contracts made in such a way that these could be used in various real world applications to perform transactions in a highly peer to peer, decentralized and secure manner. Unlike Bitcoin, ETH’s demand and value are mostly due to its usability and high demand for its applications and blockchain that could be customized with ease to develop other decentralized smart contracts, currencies and applications. 3. Dash Dash is yet another type of cryptocurrency made on the concept of peer to peer and secure digital payments. One of the many things that make this coin popular is its capacity to process payments in real time almost immediately that allows organizations and individuals all over the world to perform instant and safe cross-border transactions with the use of Dash. Its popularity is also because this charges cheap fees from transacting parties with highly reliable payments. 4. Ripple Another all-time favorite cryptocurrency among investors aside from Bitcoin, Ripple is widely used for cross-border payments by most major financial institutions such as banks all over the world. Aside from acting as the main currency to perform transactions in the Ripple Ecosystem, you can also use Ripple to perform affordable and easy worldwide financial transactions. The Ripple network provides an extensive array of in-demand products like xCurrent, RippleNET, and xRapid that global institutions use to find and connect with service providers and customers. 5. Neo Neo is the first ever open source cryptocurrency with origins in China. This is also often referred to as Bitcoin’s Chinese version since it functions almost like Bitcoin that the country officially declared as illegal. But Neo is actually not like Bitcoin in any way. For starters, Neo is open source and a community of developers, investors and users run it. Neo also features a multi-language supported and cross-platform smart contract system developed on blockchain technology for efficient and easy digital asset management within a decentralized environment. These are the top crypto currencies you can invest in. Choose the one that suits you and your investment goals. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks:  bestinvest app online-currecny calculator cryptocurrecny-invest tools best-invest-app-android apple google play-copyright-bestinvestapp- What are the Best Online Investment Sites? Now more than ever, there are so many ways to invest and grow your money in tenfold. With the help of technology, people can choose where they will put their cash and how they will manage it. The presence of the internet has also paved the way to the rise of online investment sites that made investing so much more convenient. Whether you have already decided to start your investment journey or you simply want to improve your current strategy, the following are some of the best online investment sites that can help you achieve and reach your goals: 1. TD Ameritrade TD Ameritrade is a well-trusted and established service. It is renowned for its services that educate traders together with the access to mutual funds that are recommended as wise options, especially for traders who still have limited experience. While the fees might be a bit expensive, you can still have the peace of mind knowing that you will be getting one of the best services in the industry. 2. eToro eToro is the favorite platform among people with limited time for investment and those who are completely new to the venture. With more than 11 million users all over the world, eToro is a type of multi-asset social investment platform that lets you invest and trade everything, including CFD assets, stocks and cryptoassets. eToro also has a very famous copy trading feature that lets you monitor real traders and what they do in real time so you can copy it automatically. Users of the site in Europe and the UK who want to invest in stocks can do it with no commission. It means that they can buy and hold real asset stocks. 3. E*Trade It won’t be a surprise if you are familiar with E*Trade. After all, the company has more advertisements than the rest in this list or it may seem this way if you frequently watch TV. Valued partly for quick execution, E*Trade is a high end mobile platform with a plethora of research tools to help users learn even on the go so they can learn about the best decisions in trading. The fees for the site may be a bit expensive but you can take advantage of their mobile optimization and marketing strength. 4. Fidelity Investments For those long term investors who want a more straightforward online investment platform, Fidelity Investments is the best go-to option. With its reasonable fees per trade, you can expect to get a good service from a reliable site that also happens to be well-rounded and trustworthy. 5. Ally Invest Despite being a newcomer compared to the rest of the sites above, Ally Invest has managed to become one of the mainstream investment platforms today. It offers several advantages such as the appealing fees that entice younger traders. Ally Invest also works as an alternative option for banking and investing in the platform makes the transition easier for people who are already using its banking services. These are just some of the best online investment sites that you can check out for your venture. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks:  Beginner’s Guide to Trading Cryptocurrency Successfully There are many ways to either lose money or make a profit from cryptocurrency. But, the most popular one is none other than trading. This beginner’s guide will teach you how to trade cryptocurrency and become successful in this venture. Getting Started You need to follow these five steps to start with cryptocurrency trading: Do your research first and determine if cryptocurrency trading is really right for you or not.
The very first step in cryptocurrency is to choose between short term and long term trading. These two are quite different. Short term trading In short term trading, it is all about making the most out of the short term price swings in cryptocurrency through the creation and execution of a trading strategy. This is riskier, more active and more stressful than long term trading though it also provides larger and faster possible returns for people who do this right. It also lets you profit from drops and rises in cryptocurrency prices. Long term trading In long term trading, you buy then hold cryptocurrencies for long periods of weeks, months or years and the purpose is to sell at a profit or use it later on. If you think that the cryptocurrency value will grow down the road and you don’t want to deal with the stress of active trading, long term trading might be the better choice for you. Choose Your Trading Method The next step is to pick a trading method. It is important since all of them are different and need different techniques. There are instances when a similar cryptocurrency exchange will provide various forms of trading. Create a Trading Plan Having a plan spells the difference between trading and gambling. There are three steps involved in developing a trading plan: Search for patterns Searching for patterns in the past price movements and using these to predict the future movements is the basic principles of creating trading plans and reading charts. There are patterns that emerge often enough across several markets that they even have their own names like support and resistances. Others are more obscure and don’t have their own names. Come up with a plan then follow it. A place where profits are taken and a place where losses are cut are the two primary components of trading plans. When a trader becomes more experienced, he can come up with more sophisticated plans for trading that combine together several market indicators, allowing more nuanced strategies for trading. Experienced traders often use cryptocurrency trading bots for execution of their strategies since they diligently follow complicated trading plans in a faster and more reliable way compared to humans. Experiment It is always great to test the trading theories prior to using real money. Backtesting or paper trading can come in handy here. These two features are usually available on platforms for trading. Paper trading is where fake money is used on real markets to test the trading strategy in actual current conditions. In backtesting, you put the trading strategy through the historical movements in the market to determine how well it will perform. Remember the things above as you get started with trading cryptocurrency to ensure your success in the near future. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks:  How to Do Day Trading Online
While the thought of being able to earn profits fast in the stock market can be very trading, the truth is that no one becomes rich with day trading. In fact, most people even end losing more money. But, if you still want to learn how to do day trading online and give it a try yourself, there are several important rules you need to follow to ensure that don’t have any regrets at the end of the day. Tips to Get Started with Day Trading You might find countless of tricks and tips out there that will help you maximize your profits in day trading. However, the following are three of the most important ones to help you manage the potential risks often associated with day trading: Always start small. When you are just a beginner, it is only natural to lose money and make mistakes when day trading. Keep on a tight rein on your losses until you get more experience in the field. Trade only with money you can actually afford and bear to lose. It is critical that you set aside a specific amount of cash for your day trading venture. Never, ever trade more than this planned amount, nor should you use your rent money or mortgage. This is because there is the risk of losing it and it is definitely not something you can afford. Don’t quit your regular day job. Luck might come your way, specifically if the market is in sustained bull run. However, it is a must that you also see how your strategy in trading performs if there is a rough market, particularly during a time of recession before you expand your efforts. When you become consistently profitable, this is when you should decide if you really want to spend all your time on trading. More Tips on How to Do Day Trading If you don’t feel ready yet to go full time yet, you can try using the stock market simulator first. In paper trading, simulated stock trades are involved that will let you know how the market works before you risk real money. Most brokerages offer paper trading accounts. You will also be able to get a sense of the platform of the broker and its functionality through this approach aside from having an idea of how hypothetically profitable you will become. Although it helps to test day trading through simulated conditions, nothing can substitute real-life trading where actual money is at stake. Below are more additional tips you have to consider before entering the world of day trading: Develop your strategy before starting. The thought of losing money often scare people to the point that they make bad decisions and when day trading, you will lose money. It is important to have an exit plan for every investment holding as this will help you avoid making emotional decisions whenever you have to come up with a rational decision. Observe patience. Search for trading opportunities suitable to your strategic criteria. Don’t trade if the condition doesn’t meet your criteria. If nothing seems attractive, don’t trade. Always read. Watch everything that happens in the markets all the time. Big news, including those not related to your investments, can change the market’s entire tenor and move your positions with no news specific to the company. When you know how to do day trading, you can mitigate your risks so you can enjoy the benefits of this venture. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks: How to Trade with Currencies Online Currency trading is considered as the most robust and liquid market that the world has ever seen. Other markets can never compare to the remarkable value of such an extensively traded market. According to estimates, forex trading has a value of approximately $5 million a day, a number that easily outshine the value of the world’s entire stock market trading. If you are planning to get a piece of the currency trading market, there are a few basics you should know how to trade with currencies online. The Fundamentals of Currency Trading When you trade currency pairs, you are basically selling one currency then buying the other. Here is a simple example to show you how it works. The EUR/USD is a currency pair that is often traded. USD represents US Dollar while EUR refers to Euro. In this currency pair, USD is the quote currency while EUR is the base currency. The ratio is seen as just a single unit although this refers to two different currencies. Simply put, you are trading the currency pair of EUR /USD and not USD or EUR. To further clarify this example basic currency trading, it is time to add several figures. Say ,for instance, EUR/USD trades at 1.25345, it means that every 1 is equivalent to $ 1 .25. It means that Euro is stronger compared to dollar or on the other hand, more dollars are required to buy euros. Basic Currency Trading Terms Major Currency Pair There are 6 major currency pairs you will encounter in your day to day trades when trading currency pairs. These include EUR/USD, AUD/USD, USD/CAD, USD/JPY, USD/CHF and GBP/USD. These major currency pairs include a single major currency against US dollar. It means that these currency pairs are the ones most actively traded in the world. They also provide the highest level of liquidity. As a result, they have lower volatility since considering the huge number of involved traders, the consensus on a particular price is harder and stronger to disrupt. Minor Currency Pair In contrast, minor pairs are the less traded currency pairs compared to the major currency pairs. These pairs are less liquid than those major currency pairs. Most of the time, they also have wider spreads. The general rule of thumb is that minor currency pairs are those pairs aside from the 6 major currency pairs mentioned above. There is a wide variety of minor currency pairs that you can trade depending on your goals. Exotic Currency Pair The exotic currency pairs usually include currencies from emerging market countries. These pairs are called as such since they don’t have anything to do with the country’s location and instead, it is about the additional challenges that are involved in trading the currency pairs. In general, these exotic currency pairs are illiquid with fewer market-makers and wider-spreads. Perfect examples of these exotic currency pairs are the Mexican Peso, the Hong Kong Dollar and the South African Rand. If you are just a beginner, it is best to research first on how to trade currencies online to ensure that you will make the most out of this venture. All Text and Pictures © Copyright 2020 www.bestinvest.app Best Invest Financial News For Investors. Learn How To Trade and Invest in Cryptocurrency, Gold, Silver and Stocks:  Investment and Trading Online. Dream Big. 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