Blockchain Consultants

Blockchain Transformations Done Here

google

Trading Bots vs Humans: Everything about trading accuracy

Trading Bots vs Humans Everything about trading accuracy

Over the past decade, we’ve seen the rise of trading bots and Quantitative Funds, and we have also seen the fall of traditional asset managers and Hedge funds. Due to these uncertainties in the market of cryptocurrency trading, trading bots are gaining much popularity. Unlike humans, crypto bots never rest and hence maintain their control over the trading all the time. However, according to certified cryptocurrency expert, it is very complicated to declare one of them as the best assistant than the other as needs and requirements  vary. There are some factors we are going to explore regarding bots Vs. Humans in the field of trading accuracy.

Table of Content

  • Different sections for evaluating trading accuracy.
    • Trading bots for retail.
    • Proprietary trading bots
    • Professional (Human) Investors
    • Retail (Human) Investors
  • Advantages of trading bots
    • Potential for greater performance
    • Automation
    • Emotionless
    • Scale
    • Speed and Longevity
    • Consistency
    • Strategy Diversity and In-built backtesting
  • Advantages of Human traders
    • Less vulnerable to fake news 
    • Subjective analysis of data
    • Black swan events
    • Big free
  • Closing thoughts

When we think of trading bots vs humans, the trading accuracy can be evaluated using different settings to carry out a fair comparison. Hence, some sections that we can look through are mentioned below.

Different sections for evaluating trading accuracy:

  • Trading bots for retail

These bots are accessible through all the known bot platforms that you can find with a quick Google search.

  • Proprietary trading bots

These are developed in-house by established Hedge Funds, jotted down by extremely smart finance statisticians and professionals.

  • Professional Investors (Human)

The regular fund managers that you will find on the finance channels lauding their positions.

  • Retail Investors (Human)

These are everyone else. In the  Australia and U.K, they can be seen on the CFD trading platforms.

Now, let’s look into what Bots can do for crypto trading and how they are better than humans.

Advantages of trading bots

  • Potential for greater performance

The best performing trading bots have shown a performance that is considerably better than the best performing humans. 

  • Automation 

Crypto bots can automatically conduct trades when a certain level has been attained at any moment of the day. They work with logic and predictability in statistics and probability theory; this strategy produces more favourable outcomes over time.

  • Emotionless

Bots can analyze information without any little emotion. They recognize the importance of a wide range of events and will not get attached to their positions.

Bots are proficient in processing considerably more data and in much lesser time-frames. This means they will not skip a valuable announcement on a portfolio company. Also, they can look through more companies and thus fix the risk efficiently.

  • Speed and Longevity 

Speed lessens slippage as response time is not required and also offers arbitrage opportunities. Bots can run 24/7, which is helpful for cryptocurrencies. In contrast, Humans need to sleep, eat, and live. A human generally can work up to 40 hours a week, but a bot works 168 hours a week; thus, it can seize 4.2 times more opportunities.

  • Consistency

Bots are designed to be consistent when they engage in a portion of data or an announcement they will respond repeatedly in the same manner.

  • Strategy Diversity and In-built backtesting

As bots are capable of scaling and running at pace, they can work on various time-frames and with varied techniques that are not correlated, which decreases the risk. This is due to low P&L volatility.

Every strategy followed by bots can be backtested numerous times and in many settings automatically. This ensures that the particular strategy is working and if you should hold onto it or not. This also assists you in managing risks better.

let us see what Human traders can provide for trading accuracy over bots:

Advantages of Human traders

  • Less vulnerable to fake news

Sometimes, tweet manipulations can send bots into a mad chase after a specific coin or stock to then be left moving in circles when they find out the news article was not genuine. However, humans are capable of looking into the matter from a reasonable perspective.

  • Subjective analysis of data

In some cases, a particular piece of data won’t show the first-degree-thinking conclusion and will require in-depth research to understand the importance. Bots can look at words and overall sensitivity in many cases, but then there can be news events that they cannot respond to.

  • Black swan events

Humans can think rationally regarding a situation. When black swan events occur, bots tend to lose millions because it is one of those scenarios they yet have not encountered. Human traders are much better at responding to severe mispricings and even seize advantage from them.

Bots are vulnerable to errors and bugs. There have been times when crypto bots have effectively made a mistake with trade and ended up inflicting a massive money movement. Bots can also crash trades by leaving them offline for a long duration of time.

Closing thoughts

You need to understand the overall market before going forward with any decision. Factors like ease of use, price, reliability, and security are few things that you must consider before choosing trading assistance. As many trading bots can give you relief, they also can be proved ineffective if you are not knowledgeable about the generation of financial strategies. 

To learn more about cryptocurrency trading  and attain various courses and certifications, check out the Blockchain Council.

Trading Bots vs Humans: Everything about trading accuracy

Source

Top Benefits of Blockchain Certification in Your Career

Top Benefits of Blockchain Certification in Your Career Are you confused if a Blockchain certification can take your career to the next level? This article enlists the top benefits of Blockchain certifications that will help you clear your doubts. Table of Contents Overview Benefits of Blockchain Certifications Concluding Lines: How to Become a Certified Professional? Overview At present, Blockchain is considered one of the most revolutionary technologies as it transforms the way we interact, transact, and share information. Many technocrats and Blockchain Experts also believe that it is going to be the most disruptive technology in the next decade. Blockchain’s concept of decentralization has brought finance, supply chain, healthcare, logistics, and many others closer to transparency, freedom from intermediaries, and heightened efficiency. Today, this technology is not only used by tech giants, enterprises, federal agencies, and even startups have started adopting Blockchain. In fact, they are looking for Certified Blockchain Experts and are considering certified professionals over the non-credential peers. Benefits of Blockchain Certifications In this section, let’s explore some of the major benefits of Blockchain Certifications. It is emerging as one of the favorite technologies of businesses of all sizes There is no denying the fact that today Blockchain is emerging as one of the favorite technologies of businesses of all types and sizes. Before COVID-19, many organizations were already interested in digital transformations. The pandemic situation accelerated the pace of digital capabilities across the globe, while others implemented digital capabilities for the first time as a matter of survival. Large, well-established companies and crypto-startups are choosing Blockchain as a secure and transparent network for their efficient business operations. This adoption rate indicates that the job market for Blockchain enthusiasts would continue to expand in the years to come. Such Certifications help aspirants gain an in-depth understanding of technology, including its technical and functional aspects, and strengthen professionals’ portfolios. Rising trend of job opportunities According to the exclusive report by MarketsandMarkets published in May 2020, the Blockchain market size is expected to grow from USD 3.0 billion in 2020 to USD 39.7 billion in 2025. This suggests that the job market will see rapid growth internationally, and Blockchain developers and other related professionals will be in great demand. Some of the prominently demanded roles in this domain include Blockchain Experts, Architects, Ethereum Developers, Smart Contract Developers, and much more. These Certifications help individuals to prove their Blockchain skills & understanding, gain an in-depth understanding of technology & its implementation, implement their skills across any applications and build their own Blockchain enterprise with acquired knowledge. Certifications can help people make better investments and trading in cryptocurrency. According to the Cambridge Center for Alternative Finance, cryptocurrency users have tripled from 35 million people in 2018 to 101 million people in Q3 2020. A study conducted by researchers from the United Kingdom’s Financial Conduct Authority also revealed a 78% increase since 2019. Also, in October 2020, when Paypal announced that it would be introducing crypto transactions, it was reported that it was the best quarterly return in PayPal’s history. Interest in digital assets is booming. Thus a comprehensive understanding of Blockchain through certifications can help you make better investments and trading in cryptocurrency. Cryptocurrency certification will enhance individual confidence and provide them with the necessary skills for better hiring opportunities as well. Exceptionally high salaries of Certificate Holders The salaries of Blockchain professionals are skyrocketing. In fact, it is the most demanding skill at present. According to Glassdoor, the national average salary for a Blockchain Developer is $1,01,689 in the United States, and the national average salary of a developer is ₹5,07,137 in India. Glassdoor also reports that the average salary of a Developer is £50,137 in London, UK. But to earn high salaries, it is important to have the right skills in this space. Certifications help you with the right set of skills so that you can adapt perfectly to the rising trend of job opportunities in this space. Blockchain Council, a globally-recognized online platform known for imparting world-class training with its own market research, found that people with the right skills and certification, on average, make 30% more salary compared to equivalent job profiles. It is the technology of the future. Many technocrats and Blockchain Experts believe that it is a technology of the future. As large enterprises such as IBM, Microsoft, Apple, Google, and many more are incorporating decentralized technologies into their business models, it is clear that this technology is going to bring significant change and evolution. This represents another exceptional reason to pursue Blockchain certifications. Concluding Lines: How to Become a Certified Blockchain Professional? We have talked a lot about the benefits of Blockchain certifications. Such certification benefits are not limited to exploring jobs, but they also help build confidence and ensure a competitive advantage over other players in this space. If you are interested in learning and upgrading your skills, you can get enrolled in Blockchain Council and become a Certified Blockchain Expert. Backed by the extensive practical-based sessions, this online organization offers online training and certifications to aspiring trainees to render the desired competence to have a successful career in the Blockchain space. So what are you waiting for? Get enrolled now! To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council

Are you confused if a Blockchain certification can take your career to the next level? This article enlists the top benefits of Blockchain certifications that will help you clear your doubts. 

Table of Contents 

  • Overview 
  • Benefits of Blockchain Certifications 
  • Concluding Lines: How to Become a Certified Professional?

Overview 

At present, Blockchain is considered one of the most revolutionary technologies as it transforms the way we interact, transact, and share information. Many technocrats and Blockchain Experts also believe that it is going to be the most disruptive technology in the next decade. Blockchain’s concept of decentralization has brought finance, supply chain, healthcare, logistics, and many others closer to transparency, freedom from intermediaries, and heightened efficiency.

Today, this technology is not only used by tech giants, enterprises, federal agencies, and even startups have started adopting Blockchain. In fact, they are looking for Certified Blockchain Experts and are considering certified professionals over the non-credential peers.

Benefits of Blockchain Certifications 

In this section, let’s explore some of the major benefits of Blockchain Certifications.

  • It is emerging as one of the favorite technologies of businesses of all sizes

There is no denying the fact that today Blockchain is emerging as one of the favorite technologies of businesses of all types and sizes. Before COVID-19, many organizations were already interested in digital transformations. The pandemic situation accelerated the pace of digital capabilities across the globe, while others implemented digital capabilities for the first time as a matter of survival. 

Large, well-established companies and crypto-startups are choosing Blockchain as a secure and transparent network for their efficient business operations. This adoption rate indicates that the job market for Blockchain enthusiasts would continue to expand in the years to come. 

Such Certifications help aspirants gain an in-depth understanding of technology, including its technical and functional aspects, and strengthen professionals’ portfolios. 

  • Rising trend of job opportunities

According to the exclusive report by MarketsandMarkets published in May 2020, the Blockchain market size is expected to grow from USD 3.0 billion in 2020 to USD 39.7 billion in 2025. This suggests that the job market will see rapid growth internationally, and Blockchain developers and other related professionals will be in great demand. Some of the prominently demanded roles in this domain include Blockchain Experts, Architects, Ethereum Developers, Smart Contract Developers, and much more. These Certifications help individuals to prove their Blockchain skills & understanding, gain an in-depth understanding of technology & its implementation, implement their skills across any applications and build their own Blockchain enterprise with acquired knowledge.

  • Certifications can help people make better investments and trading in cryptocurrency

According to the Cambridge Center for Alternative Finance, cryptocurrency users have tripled from 35 million people in 2018 to 101 million people in Q3 2020. A study conducted by researchers from the United Kingdom’s Financial Conduct Authority also revealed a 78% increase since 2019. Also, in October 2020, when Paypal announced that it would be introducing crypto transactions, it was reported that it was the best quarterly return in PayPal’s history. Interest in digital assets is booming. 

Thus a comprehensive understanding of Blockchain through certifications can help you make better investments and trading in cryptocurrency. Cryptocurrency certification will enhance individual confidence and provide them with the necessary skills for better hiring opportunities as well.

  • Exceptionally high salaries of Certificate Holders

The salaries of Blockchain professionals are skyrocketing. In fact, it is the most demanding skill at present. 

According to Glassdoor, the national average salary for a Blockchain Developer is $1,01,689 in the United States, and the national average salary of a developer is ₹5,07,137 in India. Glassdoor also reports that the average salary of a Developer is £50,137 in London, UK.

But to earn high salaries, it is important to have the right skills in this space. Certifications help you with the right set of skills so that you can adapt perfectly to the rising trend of job opportunities in this space.

Blockchain Council, a globally-recognized online platform known for imparting world-class training with its own market research, found that people with the right skills and certification, on average, make 30% more salary compared to equivalent job profiles.

  • It is the technology of the future.

Many technocrats and Blockchain Experts believe that it is a technology of the future. As large enterprises such as IBM, Microsoft, Apple, Google, and many more are incorporating decentralized technologies into their business models, it is clear that this technology is going to bring significant change and evolution. This represents another exceptional reason to pursue Blockchain certifications.

Concluding Lines: How to Become a Certified Blockchain Professional?

We have talked a lot about the benefits of Blockchain certifications. Such certification benefits are not limited to exploring jobs, but they also help build confidence and ensure a competitive advantage over other players in this space.

If you are interested in learning and upgrading your skills, you can get enrolled in Blockchain Council and become a Certified Blockchain Expert. Backed by the extensive practical-based sessions, this online organization offers online training and certifications to aspiring trainees to render the desired competence to have a successful career in the Blockchain space. 

So what are you waiting for? Get enrolled now!

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.  

Top Benefits of Blockchain Certification in Your Career

Source

‘Doge4Amazon’ Petition Gathers Steam As Thousands Call on Amazon To Accept Dogecoin

No less than 130,000 people have signed a petition for Amazon to accept Dogecoin as a payment option. This comes at the back of Dogecoin’s price surge in recent weeks.

Dogecoin Petition for Amazon

The petition called Doge4Amazon now has a total of 130,000 signatures of people from the Dogecoin community.

It was first launched by an anonymous user named Mark E back in September 2018 on Change.org, where it targeted only 25,000 signatures.

However, it surpassed the 100,000-signature mark last month, which may be attributed to the price rally of the cryptocurrency. 

A link to the petition was reportedly posted on Sunday to the active Dogecoin community on Reddit, where it gained 1,100 upvotes.

Mark E disclosed in a recent update that Amazon was contacted by staff at Change.org on behalf of the petition after the petition surpassed 100,000 signatures.

Founded by former IBM software engineer Billy Markus and product manager Jackson Palmer as a joke in 2013, the price of the Shiba Inu dog meme-based coin has soared, before it crashed recently.

Its valuation is around $29 billion now, falling off a high of $50 billion, according to CoinMarketCap. 

Even though small business owners and entrepreneurs are already adopting the cryptocurrency, the petition aims to push Amazon into becoming one of the first major corporations to use it as a payment method.

With Amazon’s massive 47% market share of the e-commerce retail market in the US and net revenues of over $280 billion as reported in 2019, many expect that it would accept Dogecoin. This is however wishful thinking as the retailer is still yet to accept Bitcoin as a mode of payment.

Early this year, Amazon reportedly posted job vacancies that show that it may be planning to launch its own digital currency project and trial it in Mexico soon. 

The yet-to-be-announced project, which the company sketched out across the job posts, appeared to be a digital currency that will be directly converted for cash and will be used to pay for goods and services on the platform.

Dogecoin’s Steady Rise To Popularity

Thanks to celebrities and billionaires like Tesla CEO Elon Musk and Dallas Maverick’s Mark Cuban, Dogecoin has been steadily rising to popularity in recent months.

Musk has been very vocal about his love for Dogecoin. He posted several tweets hyping the digital asset and even once called it his favorite cryptocurrency.

Shark Tank investor Cuban also recently announced that his NBA franchise would accept Dogecoin as payment for tickets and merchandise.

After his announcement, Cuban revealed that the inclusion of the digital asset as a payment option had paid off as he said the team sold 122,000 DOGE worth of merchandise in March.

‘Doge4Amazon’ Petition Gathers Steam As Thousands Call on Amazon To Accept Dogecoin

Source

Crypto Advertising Networks — Scam or Effective Marketing?

Codezeros

Nowadays, it is too tough for all crypto advertising networks to grow and propagate out its messages to the public. It is because major social media platforms and search engines have laid a ban on all advertisements that will promote services related to cryptocurrency.

So, all that you got now is to target the audience of ad networks that have their reach to crypto-targeted traffic. There must be suspicion lying around the authenticity and productivity of these crypto advertising networks. Thus, this is what we are going to study here.

Crypto Advertising Networks

Hilltop Ads

Hilltop Ads has implemented a good UI experience that will surely appeal to the advertisers who have to spend money on it, and websites can also make money from it. It can benefit any cryptocurrency development company; with the variegations of advertisements, they push to the viewers. Like they have native ads, pop ups, display banners, direct links, etc.

They claim to have a great targeting option; however, a company or an advertiser has to test by running a campaign manually. However, to its downside, you have to deposit a minimum amount of money to begin working with them. So, here, in this stage, it might demotivate some companies from further proceeding.

Coinzilla

Coinzilla features a very attractive name and has a very minimal and sleek website. It is comparatively newer than other advertising networks. The website is attractive and looks legit, and it is because it has its creative team.

It can deal with CPC and CPM advertisements and does it through classic banners, native ads, sticky banners, floating banners, etc. Just like the one mentioned above, here we also have to pay a minimum deposit fee. If you want the best out of it, you should aim for only those websites or CEOs where the targeted traffic is likely to come.

Also, remember to make your website look professional and attractive to pull in a maximum number of audiences. Coinzilla network will help in your crypto development only when it verifies you through sending a code. The advertisement network will reject a website that is not at least 3 months old.

However, now talking about the downside, if you fail to target your audience correctly, the traffic will be substantially low or negligible, the conversion rate will also be low, and it isn’t worth it because it is expensive. Moreover, there will be no dashboard that will give a detailed analysis of the Click-through rate, and also the cost per click, etc.

CoinTraffic

With its base of origin from Estonia, Cointraffic has become famous for serving publishers and advertisers. Cointraffic publishes banner ads, press release distribution, and native ads, and all of this helps a publisher or advertisers in reaching the audience.

In the blockchain and Crypt Ad market, it has become a premium advertising partner that companies can rely on. Companies that provide top-notch cryptocurrency development services will find it beneficial as CoinTraffic offers a wide variety of advertising options in formatting, and it also provides tools that will further increase the conversion rate.

The ad network has account managers that will look after your campaign’s progress. The minimal deposit that you need to make is 500€. However, it is better to start at 5000€ to get a decent result or traffic. The cost for Press release distribution starts at 1500€.

Ad Dragon

A newly launched ad network of 2019, the Ad Dragon, is completely new in the domain of ad networking. It is completely driven to support online Ad marketing, which makes it completely different from other common Crypto Ad networks. And, indeed in a short period, it has emerged to be the world’s top online marketplace being a DeFi advertising platform.

They have revolutionized the whole online industry and accomplish the goal. They have declared peer-to-peer promotion via an online marketplace. Here effective cryptocurrency development can be achieved as it will deliver great ROI (Return of Interest).

Moreover, publishers and advertisers come close to each other because of the best results they offer. Advertisements from independent media, content creators or even influencers who became a part of the platform as an advertiser gets their advertisements sold by Ad Dragon.

By joining this, publishers will get control over the prices and will also get solutions on various marketing issues they face. As a part of the commission, the platform will only charge 5%, whereas the publisher can keep the rest 95%.

Conclusion

So, to be very skeptical, declaring an advertisement network completely useful will be unjustified, as each of them comes with its own merits and demerits. So, it is completely up to your testing and scrutiny. However, spending on a general advertisement on Facebook or Google can help you earn better traffic and return on investment as well.

Crypto Advertising Networks — Scam or Effective Marketing?

Source

Top Cryptocurrency Payment Apps That You Should Know

Top Cryptocurrency Payment Apps That You Should Know

Are you a crypto enthusiast? Want to perform crypto transactions using a user-friendly payment app? Want to know which are the best options that are available? This article has got you covered. 

Table of Contents 

  • What is Crypto Payment App?
  • Best Crypto Payment Apps of 2021 
  • Apple Pay To Be Used to Spend Bitcoin: Recent Announcement 
  • Concluding Lines 

What is Crypto Payment App?

Cryptocurrency payment Apps allow businesses and individuals to accept cryptocurrencies from any country as a form of transactional payment from clients and other participating parties customers in exchange for goods or services. The main purpose of such apps is to promote the widespread adoption of varieties of cryptocurrencies.

Since cryptocurrencies are backed by Blockchain technology, they facilitate easy and confidential transactions and, most importantly, eliminates banking fees.

Want to know more about cryptocurrencies and Blockchain technology? Get started today with the best cryptocurrency and Blockchain certifications now! 

Best Crypto Payment Apps of 2021 

Let’s explore some of the top-rated crypto payment apps of 2021.

If you want to take control of your crypto, turn crypto into dollars, leverage multi-sig security, and manage funds across platforms, go for Bitpay. It is known to be one of the world’s largest providers of Bitcoin and cryptocurrency payment services. It helps you manage and secure your funds with multi-signature and key encryption. Moreover, one can also keep track of their funds by receiving prompt email and push notifications related to payments, transfers, and proposals and spend all around the world. 

The BitPay Wallet app supports various cryptocurrencies such as Ether, Bitcoin Cash and many dollar-pegged stable coins. 

eToro is one of the leading trading platforms that is home to around 12 million traders across the globe. One can invest in a wide category of digital assets on this platform without spending any markups, ticketing, or management fees. Moreover, there are no restrictions on trading volume as well. 

Cryptopay is another popular platform that enables individuals to easily access cryptocurrencies across countries. With Cryptopay, one can buy BTC, ETH, LTC, and XRP with their credit card or debit card and enjoy the economical rates and flat fees. Talking about crypto transaction fees, it’s just charge 1% for the currency exchange. 

  • Coinbase 

Coinbase provides the easiest way for users to buy, sell, and manage their cryptocurrency portfolio. It offers a variety of advanced features that make it the ideal platform to start trading for beginners and experts as well. It allows android users and iOS users as well to keep track of cryptocurrencies and manage their assets securely. It also allows individuals to store their funds in a vault with time-delayed withdrawals.

  • Electroneum 

This is a unique, UK-based cryptocurrency app that is centered on empowering people to offer a mobile-first payment solution. Due to its popularity, it now has more than millions of users around the globe. 

Electroneum (ETN) is helping all those who have no visa, no MasterCard, no PayPal, etc., to pay for goods and services, both in-store and online. Electroneum app lets anyone hold and transfer value in terms of ETN immediately at a minimal cost. 

Apple Pay To Be Used to Spend Bitcoin: Recent Announcement 

According to the recent announcement, Apple Pay can now be used to spend Bitcoin. The news statements read that the US cardholders of the BitPay Prepaid Mastercard can add their card to Apple Wallet and spend in stores, in apps, and online through Apple Pay. 

As BitPay continues to improve its global blockchain solutions to make paying with cryptocurrencies faster and safer, apart from Apple Pay, Bitpay also plans to add support for Google Pay and Samsung Pay by the end of next month. Bitpay intends to empower customers to manage and spend Bitcoin and also turn it into dollars and pay with the BitPay Card.

Please note that these are not the only crypto apps. There are many others, and we have just listed a few of them. 

Concluding Lines 

Have you used any of these crypto payment apps? Which, according to you, is the best one? Let us know in the comment section below. 

If you want to familiarize yourself with the ins and outs of Cryptocurrency trading right from scratch, you can get enrolled in one of the Cryptocurrency certification programs and become a Certified Cryptocurrency Trader. 

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council. 

Top Cryptocurrency Payment Apps That You Should Know

Source

Verified by MonsterInsights