One of the profound questions in the cryptospace has been between hodling a cryptocurrency and trading it. To hodl simply means possessing a crypto-asset up to a point where it has a rise in value and one can sell in profit. But unfortunately, hodling tends to be one sided. How do i mean? In hodling, you can only hodl a crypto-assets with expectation of a rise in its value. For example, in 2017 when there was a surge in price of bitcoin, any quantity of bitcoin possessed had an increase in value. Towards the end of that year, bitcoin price hit its peak and price started falling. In this scenario, hodlers must have been in profit all the way from the time they purchased bitcoin, up to the time bitcoin hit its peak. The value of the bitcoin they possess continued to reduce as the price of bitcoin surges lower and lower. The point here is that hodlers could only make profit when bitcoin was on an uptrend.
Now, lets look into trading. In trading a cryptocurrency, you are taking advantage of the movement of both directions of the market. Really? yes!. In crypto trading you can profit while the market is on an uptrend and also profit while the market is on a downtrend. I personally see trading of cryptocurrencies to be more profitable than hodling because you get to profit more from all the movements of the market and also, it saves you the stress and pain of losing value of crypto-assets unexpectedly.
HOW CAN I TRADE MY CRYPTOCURRENCY?
Trading has been made simple via the help of Lucre!.
Lucre is building a platform to outperform hodling cryptocurrency performance. Lucre is an automated algorithm system that is based on the statistical analysis of data from half a decade ago for BTCUSD. Lucre is an automated algorithmic trading system based on statistical analysis of data from last 5 years (for BTCUSD).
HOW IT WORKS
Looking into automated trading, it allows to establish specific rules for both trade entries and exits that, once programmed, can be automatically executed via a computer. Once the rules have been established, the algorithm monitors the markets to find buy or sell opportunities based on the trading strategy specifications. Depending on the specific rules, as soon as a trade is entered, any orders for protective stop losses, trailing stops and profit targets will automatically be generated. In fast moving markets, this instantaneous order entry can mean the difference between a small loss and a catastrophic loss in the event the trade moves against the trader.
Lucre Trading Algo will work on the Metatrader trading platform. Participants selling tokens will receive a LCR token that will monitor Algo's performance. The price will be updated regularly to accurately reflect the value of Crypto's principal assets traded by Algo. A participant can exchange on exchanges that will list the LCR token.
TOKEN INFORMATION
Token Symbol : LCR
PreICO Price : 1 LCR = 0.77 USD
Price = 1 LCR = 1 USD
Bonus : Available
MVP/Prototype : Available
Platform :Ethereum
Accepting : ETH
Minimum investment : 0.1 ETH
Soft cap : 2,000,000 USD
Hard cap : 7,000,000 USD
Whitelist/KYC : KYC & Whitelist
Restricted areas = USA, Canada, Nevis
TO KNOW MORE ABOUT LUCRE PLATFORM, VISIT:
Website: https://www.lucretoken.com
White Paper: https://www.lucretoken.com/docs/Lucre_WhitePaper_EN.pdf
Facebook: https://www.facebook.com/lucreToken
Twitter: https://twitter.com/LucreToken
Telegram: https://t.me/LucreToken
ANN: https://bitcointalk.org/index.php?topic=4959492.0
Author @ Brightdhykseen : https://bitcointalk.org/index.php?action=profile;u=1048662