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New To Trading? Here Are Some Useful Tips

Trading is a valid way to make an exorbitant amount of money. There are many people that make large amounts of money with their time faster than they would if they were working a 9-5 job.

The flexibility and freedom you gain with such financial stability play a huge factor in why many people are looking into trading.

This, however, does not come with the risks involved. This is where tips and being knowledgeable about trading come into play, to help alleviate those risks.

Trading Is Different Than Investing

The first thing that you need to know about trading is that it is significantly different from investing. Your strategies will be different and much more hands-on than an investor, especially a passive one that is willing to simply set their money aside and let it grow slowly for years. When you are thinking about trading, your goal is to make as much money as possible in a smaller amount of time.

There are plenty more strategies involved and you need to understand and study them to determine which strategies are feasible and right for you.

You Need To Recognise And Analyse

Preparation will be key to your trading endeavours. Trading is about the details and being meticulous with everything. Everything can play a role in the price and changes of stock, from the past performances over the last month or year to the public feedback and even the sector and market themselves. Consider, for example, how impactful Reddit was to the sudden surge in the stock price of GameStop.

You will need to take into account as much as possible in order to make the judgment calls associated with trading.

Tools, Programs, And Applications

In addition to varying factors that will impact your trading outcomes, you need to add tools and programs to your preparation. Although you can invest and trade right away, this will not lead to maximum success. In addition to planning and using thinkScript tips and tricks, you need the essential tools that provide you with the necessary preparation.

Some of them relate to the ability to make graphs and plot charts, creating algorithms that will be able to ideally predict stock behaviours and understand when the best times to make transactions are.

Don’t Just Focus On Making Money

Trading is not always going to be a winning experience where all of your stock and trading bets go up and make money. There will be plenty of situations and times where you will lose money.

You need to evaluate the chances and risk of those losses with every valuation you make, and determine if these are bets that you are comfortable making.

Measure Your Risk And Have An Exit Strategy

With losses and risks being ever-present in the trading market, you need to ensure that you are comfortable with such losses. Although you don’t want to be comfortable to the point where you are expecting losses, and should always be doing your best to avoid them, you need to build a tolerance as suffering certain losses is inevitable, but you want to be able to stomach them to be able to continue trading. Many new traders don’t understand this and assume they are making mistakes when suffering such losses.

Sometimes, markets are going to fall and crash, but this is where having exit strategies and understanding how to escape such catastrophic dips will help you maintain trading as a career option with longevity in mind.

Cutting Losses As Quickly As Possible

If a trade is not going well, the longer that you are in stock, especially one that is more volatile such as penny stocks, the larger risks you are incurring of different situations playing out that would not be in your favour. The news may come out that causes it to dip, or the market as a whole may just go down while you have your money in a stock. Avoiding your losses by getting out of stock in a disciplined manner will always help you stay afloat and avoid complete collapse when you are trading. This may cut into your potential for profits and rebound back to making money, but the long-term balance should outweigh your short-term views.

It is important that you are informed and disciplined when it comes to trading. There are many factors that can contribute to the fluctuations of your portfolio, and success is not always guaranteed. By planning and preparing, you give yourself the best opportunity to make money and be successful in the trading world.

Want To Start Trading Crypto? Here Are Some Useful Tips

Do you want to start trading crypto? As the number of people using cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc. continues to increase, more and more online exchanges are opening up where you can buy and sell these digital currencies.

If you’re interested in trading cryptocurrencies, there are some really useful tips that will help get you started in the right direction.

1. Alternative Platforms

When it comes to buying and selling cryptocurrencies, there are a number of things that you need to take into account. For instance, is there a large enough market for the crypto coin that you’re interested in trading?

In addition, what kind of fees will you have to pay when moving your capital from one exchange to the next? Another thing that you’ll need to do is research what alternative platforms are available. A lot of people that are just starting out might not know that it’s possible to trade with no fees, which as you can imagine is a huge advantage. In other words, there might be a better platform for your crypto-trading needs than those which are the most popular.

While you shouldn’t go to just any site offering benefits, it’s always a good video to look at what people are saying online about different platforms, and make an informed decision from there.

2. Location And Regulations

The legislation that surrounds cryptocurrency is constantly evolving. In some countries, there are next to no regulations when it comes to cryptos, while in other countries there are a number of restrictions.

If you want to do anything with cryptos, it’s important to make sure that you’re not breaking any rules by trading where you live. For instance, as of recently, there are reports that China has banned all crypto transactions – mining and trading included! Because it’s still a relatively new thing, it’s important to stay up to date with the latest regulations if you want to stay on the right side of the law.

A good idea is to check the news daily concerning cryptocurrency and see what’s been going on in countries all over the world. If you keep an eye on everything, you’ll have a lot more of an advantage over those who don’t.

3. Bitcoin And Altcoin

There’s a pretty good reason why Bitcoin is such as hot topic at the moment. It has the highest market capitalisation (the total value of all tokens on circulation), and it drives everything else on the market. That being said, if you’re going to be trading any cryptocurrency, make sure that you’ve figured out which one will be most profitable before you get started.

Even though Bitcoin has the highest market cap, it’s still not something that everyone can get involved with because of how expensive it is to buy. The best thing to do when you’re starting out for cryptocurrency trading is to study coins like Ethereum, Ripple, Dash, and Stellar – in addition to Bitcoin – and the currencies in general. By doing this, you’ll have the best chance of making the most money in the shortest possible time frame. Having a more diverse portfolio is a good way to hedge your bets and increase the potential gains of any trade. Because if you put all of your money into one thing, and it goes down, then it’s going to take even more out of your wallet than if you had diversified earlier on.

If you’re looking at the cryptocurrency market, then it’s important that you’re careful when it comes to altcoins. While some people are trying to make money on them, there are others who want to get their hands on your money. A lot of the time, these cryptocurrencies will simply disappear with your money – and there’s nothing that you can do about it. However, if you want to make the most out of trading altcoins then you need to find high-quality coins that are likely to go up in value over time. The reason for this is that there are thousands of different altcoins out there, but only a few of them will stand the test of time.

4. Blockchain And Mining

When it comes to mining Bitcoin and other cryptocurrencies, there are a number of factors that will impact how much money you’re able to make when you set up your own mining rig.

One of the biggest factors is location, as you’ll need a lot of cooling if you don’t want to burn your house down. In addition, it’s important to note that the cost of electricity will have an impact on how much money you’re able to make from mining. Furthermore, there are a lot of other costs that people simply forget about, like software and hardware costs. It’s important to keep this in mind when you’re looking at the profitability of mining any cryptocurrency.

However, if you invest in mining hardware and cloud storage, then this is one of the most profitable things you can do at the moment. The reason for that is that it’s not like any other business – which usually involves a lot of upfront costs before the business itself becomes profitable enough to run.

5. Security

Not everyone is in the same boat when it comes to security, but no matter how good your security is there are always going to be risks when you’re trading cryptocurrency.

Because of this, it’s important that you understand what the threats are before deciding whether or not you want to get started with trading cryptocurrencies. One of the biggest threats out there is the risk of losing your private keys – so make sure that you keep them as safe as possible. One thing that you can do to help with this is to always double-check that your computer and web browser are protected and updated with the latest security patches. If they aren’t, then hackers will be able to steal everything from you in no time at all.

However, the biggest threat is still the fact that crypto exchanges are vulnerable to attacks. For example, if you’re exchanging Bitcoin for another cryptocurrency through your web wallet or Ethereum in digital currency exchange, then you have to be wary of hackers getting access to your account. One way in which you can try and stop this from happening is to use multi-factor authentication on your account, as well as encrypting your private keys.

In a lot of ways, trading cryptocurrency isn’t all that different from any other industry where you have to be wary of things going wrong. However, unlike traditional businesses which rely on physical assets and people working for them, cryptocurrencies rely on technology and the internet. However, if you’re careful then it’s possible to trade cryptocurrency without having to worry about things going wrong. The best way to do this is by investing in the right equipment and keeping your private keys as safe as possible. Then you can use a trading platform to increase your chances of success even more, which makes cryptocurrency trading a very attractive proposition!

NSAV Plans To Launch OTC Crypto Trading Desk by Mid-September

NSAV, a cryptocurrency, blockchain and digital asset technology company, today announced that it plans to launch a Premium OTC Crypto Trading Desk by mid-September. NSAV’s OTC Desk will offer private and personalised service to institutions and high net-worth individuals that trade large blocks of cryptocurrency.

OTC Crypto Trading Desks offer increased liquidity, price protection, anonymity, Fiat support, unlimited purchases and the purchase of rare tokens, which are not available on exchanges. NSAV’s OTC Desk will provide its clients with execution and settlement services that are secure, competitive and discreet. Today, nearly all major crypto exchanges have their own OTC Desk.

Kraken, in 2019, acquired major OTC Crypto Trading Desk, Circle Trade, and is now one of the world’s leading OTC Crypto Trading Desks. The Company’s management believes that having its own OTC Crypto Trading Desk will be a huge benefit to NSAV and all of its shareholders, as it ascends to the next level.

On Wednesday, NSAV Director, Mr. Yuen Wong, gave a presentation at the Emerging Growth Conference. Please see the link below to view Mr. Wong’s presentation.

In addition to his position with NSAV, Mr. Wong is also a Managing Partner at Bitmart Cryptocurrency Exchange. BitMart is a premier global digital asset trading platform with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap.

Bitmart’s platform supports over 220 cryptocurrencies and has a 24-hour trading volume of approximately $2 Billion.

Mr. Wong is also the CEO of LABS Group Limited, the world’s first end to end Blockchain powered real estate investment ecosystem and powered by the LABS ecosystem token through decentralised finance and governance.

Silverbear Capital Inc., a leading, global investment banking firm, will be advising NSAV on strategic matters relating to the Company’s cryptocurrency exchanges and OTC Crypto Trading Desk. Silverbear will also help guide NSAV in ensuring that its exchanges and OTC Desk are continually in compliance, given the rapidly increasing regulatory environment in the cryptocurrency industry.

Silverbear Capital Inc. has a dynamic of disciplines on a broad commercial level and practice. SBC has a strong group of Partners in a wide range of disciplines with seasoned experience in finance, management, and professional practice.

Disclaimer: Silverbear Capital Inc. does not constitute investment advice, or an offer or solicitation to sell, or a solicitation to buy, or any other investment product in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction.

NSAV’s vision is the establishment of a fully integrated technology company that provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, advisory services, financial services and information technology.

For further information, please contact NSAV at info@nsavholdinginc.com

The NSAV Twitter account can be accessed at https://twitter.com/nsavtech

The NSAV corporate website can be accessed at http://nsavholdinginc.com

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbours created thereby.

Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate.

In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link, Inc. or any other person.

Contact
Net Savings Link, Inc.
info@nsavholdinginc.com

Currency Trading Guide: How To Find A Perfect Agent

Currency trading is buying or selling currency pairs in the foreign exchange market at a specific exchange rate. It’s an exciting time to be a trader, with the buzz of cryptocurrency and new technologies. The one thing that hasn’t changed since trading became popular is the need for a broker or agent to help you trade. But how do I find the perfect agent?

You may wonder what sets one agent apart from another when they all seem so similar in prices, features, and tools available.

Read on to learn more about some key differences between agents as well as how you can find your perfect match!

1. Read Reviews

You can read reviews online before hiring a new agent to make sure they are reputable. It’s best to research quality online brokers before selecting one. An effective way to verify the legitimacy of any group or to find the best forex brokers is by reading reviews online from forums and other sites.

This will allow you to draw comparisons between the factors they have to offer, including products and available markets, fees, withdrawal and deposit options, trading platforms, and so on. However, currency trading scam artists usually post glowing reviews of their online presence to attract new customers, so you must see the general consensus before hiring someone.

2. Find A Licensed Agent

You absolutely need an agent that is licensed and experienced. Currency trading businesses are not regulated, so you cannot be sure about the legitimacy of many businesses claiming to be agents. Currency scam artists prey on inexperienced traders who want to try out currency trading and may not know how or where to start looking for a legitimate business.

One way to guarantee your business is legitimate is by making sure it has a license. Currency trading companies that are licensed have met the regulations and requirements of the country they are based in.

3. Ask For References From Other Clients

Once you’ve found a few businesses that seem legitimate, ask for references from other clients to make sure the agents work well with their customers and that they are reputable. Currency trading businesses that have a lot of happy customers will be upfront about their clients and should have no problem giving references to you.

4. Compare Rates Between Agents Before Deciding On One

An agent should be able to give you a quote based on your specific goals and risk profile. Comparison shopping for rates is the best way to make sure you’re getting a competitive quote for your dollar. Currency trading agents are in business to make money just like everyone else, so you can be sure that they’ll give you an honest comparison based on their own rates and those of their competitors.

5. Experience

Make sure the agent knows about your type of currency trading. They should be experienced with exchange and margin trades. Some currency pairings have different taxes than others, so you need to find out which one is best for you. You must find an agent that has experience with your specific type of trading so you don’t run into any issues or mistakes on their part.

Now that you know how to find the perfect agent for your currency trading needs, it’s time to get started. Don’t hesitate, and be sure to follow these five steps before making a decision!

We hope this article has helped get any group’s legitimacy or you closer to achieving your goal of finding an expert who will make all the difference in your future success.