Experts advise all those wishing to earn impressive amounts in the market of digital currencies to pay attention to a number of important tips. It is possible that they will help beginners of the cryptocurrency market in this difficult matter. The details are in our article
Many analysts try to forecast what of the digital currencies can bring considerable profits to investors in the future. It is not so easy to choose such cryptocurrencies from the huge variety of digital assets. They can enrich investors, but on the condition that their growth does not stop halfway. Cryptocurrency investments are a lottery: market players will have to risk and try their luck in a variety of cryptocurrencies, taking into account the important points that experts focus on.
Take a closer look at tokens which are worth less than the dollarSpecialists invite potential investors to pay attention to cryptocurrencies of low cost. They remind: the digital currencies, that cost several dozen cents, later demonstrated an astronomical growth. For example, RubleBit trading at the level of $0.038 grew by 522% over the week, while CYDER trading at $0.082 increased by a record 7412%. According to experts, numbers of a smaller order are much easier to double and triple than larger ones. As a result, the excitement will increase and may lead to a breakneck growth in price.
It should be analyzed which tokens are more likely to be among real currenciesExperts recommend using this method for estimating the intrinsic value of any digital currency when it reaches a certain level of introduction. Experts are sure that this should take into account the quantitative theory of monetary means.
Go to the specialized sites of digital assetsThanks to such social news sites where registered users place links to the information they are interested in, you can find out what currencies are monitored by one or another cryptocommunity.
Look for the cryptocurrency with a high level of circulation in relation to the maximum offerAccording to analysts, in case of virtual currency with similar characteristics, there is a good chance that the growth in its rate will be directly proportional to its increased demand. The reason lies in limited reserves of such digital asset.
You should check data on cryptocurrencies volumes and price chartsIt should be noted that that it is the graphs that better reflect the dynamics of the rate and the volume of one or another cryptocurrency. They clearly demonstrate the movement and prospects of digital assets. Experts warn: it is extremely risky to invest relying on emotional impulse, rather than on fundamental indicators, so you need to weigh all the risks.
The Bank of Japan’s governor reiterated that monetary stimulus will not be wound down until the inflation target is reached.
Haruhiko Kuroda dismissed the chance that the regulator can start an exit from the ultra-loose monetary easing policy earlier than expected. According to Kuroda, the Bank of Japan has all the necessary tools for the gradual withdrawal from the program. The central bank’s policy board is considering all scenarios of how the winding-down can affect the BOJ’s balance sheet.
The central bank will have to gradually withdraw from the quantitative easing program so that not to trigger a jump in long-term interest rates or turmoil in the financial markets, the BOJ governor said.
“We have absolutely no plan of doing so now,” Kuroda said, when asked whether the BOJ would plan any moves to wind down monetary policy before inflation hits its target.
Kuroda rattled markets last week by flagging for the first time the possibility of a stimulus exit if 2% inflation were met in fiscal 2019, a remark he later tempered. \
Currently, the level of inflation in Japan remains far from 2%. Many national companies do not raise prices and wages due to economic uncertainty. At the same time, the Bank of Japan's exchange rate is at odds with other central banks, which are moving toward normalizing monetary policy after years of stimulus.
The Bank of Japan’s governor reiterated that monetary stimulus will not be wound down until the inflation target is reached.
Haruhiko Kuroda dismissed the chance that the regulator can start an exit from the ultra-loose monetary easing policy earlier than expected. According to Kuroda, the Bank of Japan has all the necessary tools for the gradual withdrawal from the program. The central bank’s policy board is considering all scenarios of how the winding-down can affect the BOJ’s balance sheet.
The central bank will have to gradually withdraw from the quantitative easing program so that not to trigger a jump in long-term interest rates or turmoil in the financial markets, the BOJ governor said.
“We have absolutely no plan of doing so now,” Kuroda said, when asked whether the BOJ would plan any moves to wind down monetary policy before inflation hits its target.
Kuroda rattled markets last week by flagging for the first time the possibility of a stimulus exit if 2% inflation were met in fiscal 2019, a remark he later tempered. \
Currently, the level of inflation in Japan remains far from 2%. Many national companies do not raise prices and wages due to economic uncertainty. At the same time, the Bank of Japan's exchange rate is at odds with other central banks, which are moving toward normalizing monetary policy after years of stimulus.
UK household spending growth declined in February as Britons expressed concern that Brexit will have a negative impact on their incomes, Bloomberg reported.
Annual consumption growth slowed from January. According to analysts, spending in supermarkets declined, while overall retail sales rose and non-food sales fell in the three months to February.
“Consumers are cautious about the potential ramifications of whatever settlement the UK achieves, and half of us fear that the outcome will leave us worse off than we are now,” said Paul Lockstone, managing director at Barclaycard. “As negotiations continue it is likely that this will continue to weigh on sentiment.”
The situation around the withdrawal from the European Union triggered rising inflation amid the weakening pound. At the same time, many businesses are holding off hiring new staff and reluctant to invest.
According to the Bank of England, there are some signs that Britons’ purchasing power will recover in case wages start rising faster than prices.
Perhaps the most unexpected scenario when art can challenge the laws of gravity is the creation of such sculptural compositions that literally "soar" in the air without any reasonable explanation for this fantastic effect.
The Force of Nature, USA“The Force of Nature” is a series of sculptures by Italian artist Lorenzo Quinn depicting mother nature as a woman hurling the planet around in circles. Those masterpieces have been installed at the squares, parks, streets and alleys of the cities of the whole world, from England and the USA to Europe and Asia. Many of them are located in museums of contemporary art and participate in various exhibitions and presentations.The waving cloak and hair underscore the dynamics and movements of the static object, convincing us that the sculpture really rotates, although it does not make a single physical movement.
The Last Supper, USAThe hillside below Daylight Pass, just beyond the ghost town of Rhyolite, is decorated by a congregation of menacing, hooded figures that strikingly resemble Death himself, huddling together against the desert's void.Conceived in 1984 by the late Belgian-Polish sculptor Albert Szukalski, “The Last Supper” beckons visitors to the Goldwell Open Air Museum like a demonic vision born of heat stroke and Satanic enchantment. Inspired by what he found to be a striking resemblance between the Mojave Desert and the Holy Land's scenic vistas, the sculptor cast these twelve ghosts in an echo of Leonardo da Vinci's painting of Christ's Last Supper. These disembodied figures of ghosts look especially mysterious at night, when they're lit from the inside with a special illumination.
Balancing elephant, AustriaDaniel Freeman, working in the genre of hyperrealism, likes to create sculptures that amaze with their unusual. The artwork always depicts an elephant balancing on its trunk, sometimes out from the wall and at other times up from the floor.
Suspended, USAIf you want to take a picture directly under an iron cube hanging in the air, then you should not worry: the Israeli artist and sculptor Menashe Kadishman reliably secured it.
Floating stone, EgyptAnother unexplained work of art appeared at Cairo International Airport several years ago. It is the surrealisе sculpture of two stones tied to each other. According to its creator, Smaban Abbas, the composition is intended to remind people who want to use the airport services that they may not worry: under any circumstances they will safely return to the ground.
Travelers, FranceArtist Bruno Catalano's rather large series of life size bronze sculptures is poetically titled Travelers. The group of sculptures depict very different people but each walking with suitcase or bag in hand, a few sitting on their luggage. However, large swath's of each person's body is missing as if disappearing or torn away, the sculpture somehow still able to stand. It's as if that hole is their lost self in endless trips, and they've set out to rediscover it.
Virgins of Apeldoorn, NetherlandsThe Virgins of Apeldoorn is a public installation in the Netherlands by Dutch artist Elisabet Stienstra. The sculptural work features three bronze statues of girls in varying positions, all seeming to lie parallel to the ground.
Balancing stones, USAThe American artist Michael Grabe creates sculptures from stones, cobblestones and river pebbles that are combined into real turrets. And although the Land-art can not be called durable, these amazing installations delight all those who has been in the area of Boulder, Colorado.
Planet, SingaporeCast in bronze and white-painted sculpture in one of the parks in Singapore is amazing and makes you wonder about how such a massive structure can hover above the ground. The artist and sculptor Mark Quinn depicted in it his own little son, increasing the growth of a 7-month-old baby to 10 meters, and weight to 7 tons.
Balancing sculptures, USAThe sculptures of Jerzy Kedziory deserve special attention. They are highly regarded by outstanding scientists and art critics and all who have seen them. How these rather heavy sculptures soar in the air and do not turn over under the influence of wind and their own gravity, remains the mystery of the creator.
In the modern money-focused world, anything has its own value. Even a natural phenomenon like a snowstorm or frost can be measured in money terms. Scholars in the UK have estimated losses incurred by the domestic economy amid the Siberian blast.
On the whole, winter in the UK was mild this year. However, the country went through a week of severe frost and a snowstorm in late February. The so-called Beast from the East inflicted heavy losses on the public budget. According to flash estimates, the government allocated at least GBP 1 billion (USD 1.38 billion) each of the frosty days in a struggle for heated homes and clean roads. The UK construction sector suffered losses of nearly GBP 2 billion (USD 2.76 billion) in the final three coldest days last week.
Moreover, the blizzard can also account for a large decrease in the gross domestic product. Experts say the UK GDP might contract twice in Q1 of 2018 to 0.2% from the expected 0.4%.
In the modern money-focused world, anything has its own value. Even a natural phenomenon like a snowstorm or frost can be measured in money terms. Scholars in the UK have estimated losses incurred by the domestic economy amid the Siberian blast.
On the whole, winter in the UK was mild this year. However, the country went through a week of severe frost and a snowstorm in late February. The so-called Beast from the East inflicted heavy losses on the public budget. According to flash estimates, the government allocated at least GBP 1 billion (USD 1.38 billion) each of the frosty days in a struggle for heated homes and clean roads. The UK construction sector suffered losses of nearly GBP 2 billion (USD 2.76 billion) in the final three coldest days last week.
Moreover, the blizzard can also account for a large decrease in the gross domestic product. Experts say the UK GDP might contract twice in Q1 of 2018 to 0.2% from the expected 0.4%.
Getting a stable income, you can save money every month, but at the same time there is a temptation to buy elite goods for yourself and your family. Rich people point out that not all goods are worth to spend money on them. But at the same time there are things that are really necessary and will serve for a long time.
The propertyOne year is replaced by another, but the demand for real estate remains unchanged. This is the best investment for a long-term perspective. You can buy property in the best areas, and then the cost of your purchase can double over the next 10-15 years.On average, such a purchase will cost about lb500,000.
WatchesGood watches cost around lb5,000. Many successful people are convinced that expensive watches are an indispensable attribute of any well-off person.But expensive watches are not only a sign of success and wealth, it is also a good investment, as many watches are no longer produced, and their value is preserved.
Tailored suitsEveryone knows the well-known saying: “people are judged by appearance". So, when you go to a business meeting, you should look perfect in order to impress potential business partners.Tailored suits will cost about lb3,000.
Expensive high-quality bagThis is the thing that business partners also pay attention to. The bag must match the suit.The price of an expensive high-quality bag starts from lb5,000. But it will serve you long years.
Leather accessoriesLeather accessories complement the image. And it's not just about the bag, but about gloves too. Do not doubt that a person who will come to you for a business meeting will notice them. Leather accessories will help to make a proper impression on the people you need.The price is about lb300.
Wireless headphonesBusiness people often have to go on long trips. Such a gadget will always be in touch, receive calls on time, and avoid external noise and relaxduring long flights. New developments of headphones are constantly appearing on the market, so you can easily choose what is right for you. Their price is about lb300.
Expensive blazerIt is simply necessary for meetings that can not be called business. They are partly informal, but important contacts are being established during these appointments. In such cases, an expensive high-quality blazer or a more loose-fitting jacket is suitable. It should be elegant, so that everyone immediately understands that this is an expensive thing.It will cost about lb2,000.
Elite Suitcase for TravelingThis is not the whim of rich people, but rather an essential thing. A good suitcase and other travel accessories have functionality. Suitcase allows you to keep your costumes not creased. The price of such an accessory is about lb1,700.
Elite Suitcase for TravelingThis is not the whim of rich people, but rather an essential thing. A good suitcase and other travel accessories have functionality. Suitcase allows you to keep your costumes not creased. The price of such an accessory is about lb1,700.
Little black dressIt is suitable for almost any occasion. The invention of Coco Chanel in the modern view does not necessarily have to be boring. You can choose the style that will suit you, whether it's classic cut or a dress in the style of the 20's. The main thing is that you feel comfortable.This purchase will cost lb400.
Skin care products of high qualityAny self-respecting business man spends enough money to maintain a good skin condition.It's not just about the fair sex. In the modern world, many cosmetic products have been created for men.There is no limit to perfection. Quality cosmetics will cost from lb15.
Getting a stable income, you can save money every month, but at the same time there is a temptation to buy elite goods for yourself and your family. Rich people point out that not all goods are worth to spend money on them. But at the same time there are things that are really necessary and will serve for a long time.
The propertyOne year is replaced by another, but the demand for real estate remains unchanged. This is the best investment for a long-term perspective. You can buy property in the best areas, and then the cost of your purchase can double over the next 10-15 years.On average, such a purchase will cost about lb500,000.
WatchesGood watches cost around lb5,000. Many successful people are convinced that expensive watches are an indispensable attribute of any well-off person.But expensive watches are not only a sign of success and wealth, it is also a good investment, as many watches are no longer produced, and their value is preserved.
Tailored suitsEveryone knows the well-known saying: “people are judged by appearance". So, when you go to a business meeting, you should look perfect in order to impress potential business partners.Tailored suits will cost about lb3,000.
Expensive high-quality bagThis is the thing that business partners also pay attention to. The bag must match the suit.The price of an expensive high-quality bag starts from lb5,000. But it will serve you long years.
Leather accessoriesLeather accessories complement the image. And it's not just about the bag, but about gloves too. Do not doubt that a person who will come to you for a business meeting will notice them. Leather accessories will help to make a proper impression on the people you need.The price is about lb300.
Wireless headphonesBusiness people often have to go on long trips. Such a gadget will always be in touch, receive calls on time, and avoid external noise and relaxduring long flights. New developments of headphones are constantly appearing on the market, so you can easily choose what is right for you. Their price is about lb300.
Expensive blazerIt is simply necessary for meetings that can not be called business. They are partly informal, but important contacts are being established during these appointments. In such cases, an expensive high-quality blazer or a more loose-fitting jacket is suitable. It should be elegant, so that everyone immediately understands that this is an expensive thing.It will cost about lb2,000.
Elite Suitcase for TravelingThis is not the whim of rich people, but rather an essential thing. A good suitcase and other travel accessories have functionality. Suitcase allows you to keep your costumes not creased. The price of such an accessory is about lb1,700.
Elite Suitcase for TravelingThis is not the whim of rich people, but rather an essential thing. A good suitcase and other travel accessories have functionality. Suitcase allows you to keep your costumes not creased. The price of such an accessory is about lb1,700.
Little black dressIt is suitable for almost any occasion. The invention of Coco Chanel in the modern view does not necessarily have to be boring. You can choose the style that will suit you, whether it's classic cut or a dress in the style of the 20's. The main thing is that you feel comfortable.This purchase will cost lb400.
Skin care products of high qualityAny self-respecting business man spends enough money to maintain a good skin condition.It's not just about the fair sex. In the modern world, many cosmetic products have been created for men.There is no limit to perfection. Quality cosmetics will cost from lb15.
He Lifeng, the Director of the National Development and Reform Commission (NDRC), said that China has remained the world's second largest economy in 2017.
Last year, China's GDP reached 82.7 trillion yuan, which is the equivalent of over $12.2 trillion at the exchange rate as of January 31, 2017.
Thus, the number is over $7 trillion less than the world's largest economy, the United States, but more than $7 trillion more than the world's third largest economy, Japan.
“China remains the world's second largest economy. It has not been easy.” He Lifeng said.
Per capita GDP has seen an increase of around $900. Lifeng noted that during early years of the reform the goal was to bring GDP to $800 per capita by 2000.
Domestic consumption is expected to contribute about 60% to growth in 2018.
Experts provide investors of the cryptocurrency market with three most popular ways to invest in digital currencies without purchasing. For more detals, read our material
In view of the emergence of digital currencies, many market participants are planning to try their hand at investing in this type of assets. However, experts warn: the wish to earn a large amount may lead to negative effects if it is not supported by a careful planning. They offer investing in this sphere not directly but rather indirectly, without purchasing cryptocurrencies. Let us consider three ways of such investments.
The stock of companies having invested in bitcoin and other cryptocurrenciesAccording to experts, these are companies' securities which can go up in price if one or other digital currency is still popolar. In this situation, an investor will be provided with an additional source of remunerative returns. In case of the cryptocurrency collapse, such companies will not lose, but continue to provide financial services to business people.
Index fundsIn such a situation, specialists recommend investing in more than one company working with a cryptocurrency. At the present time, some index funds investing in diffenrent companies have appeared in the market. Experts warn that before investing funds in such a fund, it is necessary to check the size and structure of commissions. If they are not very large, you can simultaneously invest in well-known companies and in cryptocurrencies.
FuturesCurrently, futures trading on bitcoin is gaining momentum. They are traded on the platforms of CME Group and Cboe Global Markets and are available for retail investors. Futures contract allows you to make a bid for the future value of one or another asset by paying a part of its price. Experts do not recommend futures trading to beginning investors and all those who miss a key point of such work.
The conflicts over gas supplies are getting tenser. Recently, the Russian Gazprom lost a case in the Stockholm arbitration court and was fined $4.673 billion, $2.46 billion of which are due to be paid to the Ukrainian Naftogaz. Initially, the Ukrainian company wanted $17 billion but the court accepted only a part of these claims and ordered Gazprom to pay $4.673 as it kept the transit of gas to Europe at the lower levels than agreed. In its turn, Naftogaz also owes the Russian gas company a certain sum for breaking the supplies contract. Thus, arbitrators offset counter claims and ruled that Gazprom has to pay $2.46 billion.
Surely, Gazprom’s lawyers object to the ruling of the Stockholm arbitration court and are going to appeal against it. The company intends to use all available tools and resources for protecting its rights. That is why it is premature to draw conclusions. The legal proceedings may be extended. Besides, the Russian side noted imbalances in the agreement on supplies and transit of gas with Naftogaz that emerged from two lawsuits in the Stockholm court. Gazprom says that it breaks the basic principles of the Swedish law that regulates the contract.
In the cryptocurrency community organized by Telegram, experts noted six types of users of digital currencies. They were classified according to their behaviors. More details are in our article
According to information provided by the Internet resource Telegram, there are six types of users of digital currencies. Recall that at the moment Telegram is the main center of communication for cryptocurrency users. We present to your attention the main representatives of the crypto community which can be found in the Telegram.
An alarmistUsers whose condition is close to panic have a high activity. They are constantly on edge and often excessively nervously react to any failures at cryptocurrency trades.
A man with “connections”The given type of user usually shows their knowledge in all world jurisdictions, connections in the intelligence services, the law courts, as well as in government circles.
A believerThat is the major category of users in every crypto Telegram channel. They invest their own money not only to get money but because of their trust in the cryprocurrecy, project and the team. These people are the core audience of every project who support and inspire the community. They are the most loyal followers of the product and the ones who display understanding and patience during the development.
A resellerThis kind of user comes to projects with one purpose: to buy cheap and sell high. He doesn't care what kind of product is under development, or what's the idea behind it, or who's on the team.
Forever banned userThis type of user always floods and gets banned for it each time. Then he creates a new account and starts all over again.
A troll userA user who appears online once every month and asks the same questions every time: “So, how are you doing here? Has the project collapsed yet?” He disappears then and usually returnes a month later with the same questions and jokes.
S&P Global Ratings agency made a bigger contribution to economic development in Russia than all local policymakers and analysts did. Glittering promises of stable growth are good, but the market needs actions, not words. After the agency raised Russia’s credit rating to the investment grade, the MICEX index hit the new record high. In merely one hour, the Russian stocks skyrocketed by 1.5%.
According to estimates of Societe Generale SA, the investment grade confirmed by two agencies - S&P and Fitch – can attract investments of over 2 billion dollars in the nearest future, and it is not the limit. Though one member of the Big Three credit rating agencies, Moody's, refrained from raising Russia’s rating which is still one step lower than the investment grade, the outlook for the Russian assets is bright. Oil prices hold near the highest levels, while the US dollar and the euro are not too strong. So, the high demand for the Russian assets which was seen in January continues this month.
Ruble traders are also on a winning streak. The Russian currency appreciated by 2.6%, and foreign investors build up the volume of long deals on this trading instrument. Thing may become even better if Moody's Investors Service also upgrades the credit rating of Russia.
Experts of the cryptocurrency market recommend its participants to pay attention to new digital means of payment with an extremely high transaction rate. The details are in our article
At the present time, assessing the market of digital currencies, experts pay attention to the transaction rate of each of them. Leaders of this segment in the cryptocurrency market are three virtual means of payment: Ripple, NEM, and RaiBlocks. Let us take the particularities of these digital currencies.
RaiBlocksThe palm of victory in terms of the transaction rate is kept by RaiBlocks. It is still little known in the cryptocurrency sphere, however, experts predict its promising future. RaiBlocks is characterized by a record speed – 7,000 operations per second. When working with this digital currency, developers use the block-lattice structure, thus making changes in the chain of accounts instant. This significantly increases the network capacity of RaiBlocks.
NEMThe second position in terms of the transaction rate goes to NEM. The developers of the virtual currency aim to solve one of the most important problems – to integrate the blockchain technology into modern corporate network. The transaction rate in the NEM network reaches 4,000 operations per second.
RippleThe third place of honor in terms of the transaction rate is taken by the Ripple digital currency, which is now familiar to all the cryptocurrency community. It is becoming increasingly attractive, experts predict its significant growth by the end of 2018. The frequency of transactions in the Ripple network is also rather high – 1,500 operations per second.
The Winter Olympic Games have come to an end. While the global community is cheering new heroes, the time is ripe to reckon how much South Korea’s authorities have spent to host the Olympics in PyeongChang. This time, Russia cannot boast about the leadership in winter sports. The tally of medals won in PyeongChang brings Russia only the 13th rank. However, it is hard to compete with Russia in terms of expenses.
Obsessed with megalomania, Russia spared no expense to arrange the Winter Olympics in Sochi in 2014. According to the official estimates, the overall budget exceeded $50 billion. For the whole history of the Olympic Movement, not a single country in the world has allocated such enormous money for sports. Citing Nancy Park, a spokesperson for the Winter Olympics Organizing Committee of South Korea, the Asian country has kept to the modest budget of $12.5 billion. The Paralympic Games are scheduled for March 9-18, but they will not much overrun the original budget. The South Korean government made the most contribution, allocating $10.1 billion for the infrastructure. The operating costs amount to $2.4 billion.
The Winter Olympic Games have come to an end. While the global community is cheering new heroes, the time is ripe to reckon how much South Korea’s authorities have spent to host the Olympics in PyeongChang. This time, Russia cannot boast about the leadership in winter sports. The tally of medals won in PyeongChang brings Russia only the 13th rank. However, it is hard to compete with Russia in terms of expenses.
Obsessed with megalomania, Russia spared no expense to arrange the Winter Olympics in Sochi in 2014. According to the official estimates, the overall budget exceeded $50 billion. For the whole history of the Olympic Movement, not a single country in the world has allocated such enormous money for sports. Citing Nancy Park, a spokesperson for the Winter Olympics Organizing Committee of South Korea, the Asian country has kept to the modest budget of $12.5 billion. The Paralympic Games are scheduled for March 9-18, but they will not much overrun the original budget. The South Korean government made the most contribution, allocating $10.1 billion for the infrastructure. The operating costs amount to $2.4 billion.
Experts are ready to name the top digital crypto assets in 2018. Read on to discover what they are.
According to analysts, the leading cryptos this year are those familiar to everybody: Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash. At the moment, the trend is that these projects periodically lose in price, but eventually come back to normal levels. We offer to consider their opportunities in more detail.
BitcoinIn 2018, investors have been frustrated by rapid price rises and falls of the most popular cryptocurrency. However, despite the setbacks, bitcoin is still the market leader. The price of BTC for the last two weeks has ranged from $9,000 to $11,000.
EthereumEthereum is ranked 2nd most promising cryptocurrency in 2018. At the same time, experts note that it is gradually falling in price. In late January, ETH was $1,246. Later, the value of this virtual currency fell to $697. At present, Ethereum has recovered and on February 22, it traded at around $807.
LitecoinThird place in the ranking of digital currencies was given to Litecoin, pushing down the Ripple crypto currency. This month, LTC showed incredible price hikes: in early February it was priced at only $125, and on February 22, Litecoin was trading at $194.
RippleRipple took the fourth place in the 2018 list of leading cryptos. Experts consider this digital asset very unstable: in January Ripple rose to $1.4, and next month it fell to $0.7. Nevertheless, analysts say this cryptocurrency is one of the most promising. By the end of this year, it can grow to $3, according to forecasts.
Bitcoin CashBitcoin Cash is ranked the fifth top cryptocurrency this year. In early February, the price of BCH was less than $1,000, but by February 22, Bitcoin Cash reached $1,217.
Experts are ready to name the top digital crypto assets in 2018. Read on to discover what they are.
According to analysts, the leading cryptos this year are those familiar to everybody: Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash. At the moment, the trend is that these projects periodically lose in price, but eventually come back to normal levels. We offer to consider their opportunities in more detail.
BitcoinIn 2018, investors have been frustrated by rapid price rises and falls of the most popular cryptocurrency. However, despite the setbacks, bitcoin is still the market leader. The price of BTC for the last two weeks has ranged from $9,000 to $11,000.
EthereumEthereum is ranked 2nd most promising cryptocurrency in 2018. At the same time, experts note that it is gradually falling in price. In late January, ETH was $1,246. Later, the value of this virtual currency fell to $697. At present, Ethereum has recovered and on February 22, it traded at around $807.
LitecoinThird place in the ranking of digital currencies was given to Litecoin, pushing down the Ripple crypto currency. This month, LTC showed incredible price hikes: in early February it was priced at only $125, and on February 22, Litecoin was trading at $194.
RippleRipple took the fourth place in the 2018 list of leading cryptos. Experts consider this digital asset very unstable: in January Ripple rose to $1.4, and next month it fell to $0.7. Nevertheless, analysts say this cryptocurrency is one of the most promising. By the end of this year, it can grow to $3, according to forecasts.
Bitcoin CashBitcoin Cash is ranked the fifth top cryptocurrency this year. In early February, the price of BCH was less than $1,000, but by February 22, Bitcoin Cash reached $1,217.
Based on a careful analysis, experts figured out the most common mistakes made by newcomers to the cryptocurrency market. Read on to discover some typical mistakes, and find out how to avoid them.
Analyzing the current situation in the cryptocurrency environment, experts noted a number of frequent problems that face newcomers. They highlighted seven common mistakes.
Misunderstanding of what is happening and lack of adequate informationExperts say a thorough analysis of the situation is crucial. They recommend that you do not to rush either into buying or selling digital assets without proper market research. According to analysts, it is necessary to gather as much information as possible and take a close look at the heart of the matter.
Expecting mega profitsAccording to experts, you should not expect big profits at first, even having invested a solid amount in cryptocurrencies. Success will not come immediately, especially in digital currency mining, where all profits can go to pay for high electricity bills.
Impatience is your enemyMany major investors stick to this position so this recommendation should be listened to. It is difficult for newcomers to the crypto market to avoid the temptation to start making profits here and now, not having calculated all the risks. However, patience will sooner or later be rewarded, experts believe.
Selling at a peak priceIt is sometimes difficult for novice traders to predict how much a digital asset will grow or fall in price. As a result, they often sell it at the peak price. Experienced crypto investors recommend that you postpone your trading decision, waiting for even greater price increases.
Losing your private keysThis may be the largest mistake in the crypto community to date because no support service will be able to restore your private keys. Write down all the codes and passwords on a paper sheet, or print and store in a safe place. Do not trust such important information with Word documents and do not leave them on the desktop.
Sending to the wrong crypto wallet in an exchangeThis is a technical mistake that a lot of people do pretty often. Most traders do not check whether the exchange wallet they are sending funds to matches the token they are sending. When sending, you should also check which standard is supported by a particular wallet.
Lack of support and fear of failureExperts recommend that newcomers find a crypto community. This will help to keep track of the relevant information. If necessary, you can also consult with more experienced participants. This will also encourage you and help you to get rid of the fear of failure.