Greetings and welcome to all those members of the #HIVE platform, especially those who make life every day in the
community. Without a doubt, technological advances have forced us to carry out a necessary updating process in order to compete with the new demands of society.
In this sense, my inclusion in the web3 through the #Hive platform has taken me through unknown paths economically speaking, since its action is very wide and I doubt that any of the users who make life in it, knows all the principles and foundations of this type of platform.
Image 2. Smart contracts and technology make the web3 the ideal place to transmit knowledge and earn money. Image of public domain. Author: Megan Rexazin en Pixabay.
The writing process has not become a problem within the beehive, perhaps it is due to my role as a professional in the area of university teaching and as a professor in the area of science, where the writing of articles and research papers is developed as a daily activity, that is, constantly. Although framed or structured in the foundations of the scientific method.
Image 3. The scientific rationale, allows to address the use of block chains more clearly. Image of public domain. Author: DavidRockDesign en Pixabay.
On the other hand, the monetization process based on our writings is what has most motivated me and has forced me to develop a self-training process, oriented to the wide world of crypto-currencies and being more specific to the development of trading from the platform market. Therefore, through my reading based on the above mentioned I came across the behavior of high frequency bots and will guide the reader in the function that they fulfill.
Although I am not an expert in the area, I have observed that the ups and downs that the markets present are made according to an automated process through bots or programs that together with the exchanges make a large number of operations in very short periods of time. Therefore, automated trading generates clear opportunities to enter the market according to the algorithm with which it has been programmed, decreasing the user's stress, since the manual study is also reduced and therefore the efficiency and profitability of it increases
.
Image 4. The use of algorithms allows the bots to be more efficient when performing operations. Image of public domain. Author: OpenClipart-Vectors en Pixabay.
In accordance with the above, I can assume that the market trend is a function of the trades made by the bots and which can be assumed as a probability or constant to make an early entry to the possible market behavior. While it is true, there are many variables that must be assumed and be clear that the behavior of digital currencies is uncertain, so we are left to continue learning about the operation of crypto-currencies and polish a strategy that allows us to achieve the desired return.
BIBLIOGRAPHY CONSULTED
[1] Biais, Bruno and Paul Woolley. (2011). ). “High frequency trading.”. Manuscript. Toulouse University. IDEI Article: Online Access
[2] Gómez, I. (2018). Blockchain. The revolution of the industry. Academic application. Escola Tècnica Superior d'Enginyeria Industrial de Barcelon. Graduate work Article: Online Access
[3] Chlistalla, Michael, Bernhard Speyer, Sabine Kaiser, and Thomas Mayer. (2011). “High-frequency trading.” Deutsche Bank Research 7. Article: Online Access
OF INTEREST
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Grateful with the community
and with all the management team of the same one that they motivate us to continue working in a mutual and balanced growth.