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1  Economy / Trading Discussion / Re: Is Cryptocurrency a Good Investment? on: July 05, 2021, 11:11:09 PM
Cryptocurrency is a good but volatile investment. As we saw over this past 6 months bitcoin (as an example was as high as $63,000, then it dropped to about $29,000.) When professional traders, like those who trade commodities are looking for opportunities in volatile markets they will use a hedging strategy to manage drawdowns but still profit from the expected positive trend.
It's not sexy, but it works.
There are bitcoin options and starting to be some in ETH as well but still quite expensive. And you have to understand options to put together a sensible strategy.
This service is a AI based risk management tool that I use. They have models that work on about 30 markets including BTC, ETH, ADA, UNI, DOT, XRP etc. I use it on my holdings which are primarily in BTC and ADA.
Those models started hedging my position on May 11 and by May 12 it had put my position into USD. I look at what they are doing ever so often but what I can say is that when the market starts trending again and the models remove the hedge, I will get in at a lower price.
More BTC and ADA in my account.
It's not perfect. During a trending market you make less but my PnL is much more stable with a Sharpe Ratio of over double that of bitcoin.
https://panxora.io/panxora-labs/treasury-management-service/

 
2  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: July 11, 2015, 07:08:34 PM
This is just my opinion.
If you have a bit of cash YOU DO NOT NEED for anything putting it into BTC has a good chance for the long term. it's in the Early Adopter phase now, but if it gets to the next stage then zoom, Yes it will go up big time. Nothing is certain. Which is why you only use money you don't need and also that you would NOT feel bad if things went wrong and you lost it. (It's about knowing who you are and what is comfortable)
If you don't like the idea of your money sitting around doing nothing while its sitting in Bitcoin form  you could try a service like BTCJam.com or FirstGlobalCredit.com. Both of those take bitcoins for investments and I THINK both deliver profits in bitcoins. They are very different services. BTCJam gives loans to people and businesses. FGC lets you use BTC as margin to trade stocks like Google, Facebook, Gold and stuff.
AP!
3  Economy / Trading Discussion / Re: Bitcoin Trading + how to buy and trade oil and forex and stocks easy on: July 11, 2015, 06:59:16 PM
Could you explain why you feel this is not true? As I understand it, this site does not actually put trades into the markets. So imagine if you and 100 other people were feeling bullish about Google and all held long positions... BIG ONES. And then Google announced something wonderful and the market went up a HUGE amount. And then everyone who made a lot of money said... Thank you very much and closed out their positions. If, as sometimes happens, markets make big moves all together. It doesn't happen often but it does happen. Like this week when everyone got scared about Greece and markets all went down. Why do you think they would survive that? Certainly they must have a finite amount of BTC? And... well. It just seems logical to me.
Saying something is not true doesn't make it so.
I don't want to argue. But if you have a valid viewpoint and I have missed something. I DO want to understand.
I am not a super trader or anything.
But I think I am sensible.
AP
4  Economy / Trading Discussion / Re: Bitcoin Trading + how to buy and trade oil and forex and stocks easy on: July 11, 2015, 01:37:12 PM
Um. Not to be too blunt, but this company does not have fixed fees. They charge a spread on trades, so its anyone's guess what they take on each leg of a trade. Something else that is quite interesting and I REALLY would like to hear other opinions about is that 1broker makes money when their customers lose money. Because if everyone made money on their system they would tank. If you read their website carefully that becomes obvious.
The final thing is, when the government finally looks at them and closes them down because they have absolutely no verifiable details about who they are What do you think is going to happen to your BTC? It's going to disappear into their pockets and they will shrug their shoulders and say "Nice while it lasted."
On the plus side their interface looks really nice.
What ticks me off most is the spread thing.
AP
5  Economy / Games and rounds / Exciting Trading Competition - 20 BTC Trading Account Prize on: July 08, 2015, 01:11:20 PM


Do you have what it takes to win this exciting trading competition?

Please join First Global Credit and NEWSBTC as we begin the search for the TOP Bit-Trader.
It's FREE to play, we'll post the top players every day on FACEBOOK and TWITTER.

Everyone gets 100 demonstration Bitcoins to use as margin to trade stocks and currencies and ETFs. Oh and by the way,
you can have up to 5 times leverage. That gives you about 135,000 dollars of trading power to play with. You can make
a lot of money quickly with margin capital like that, but you can lose it as well.

The competition runs from July 22 to August 14th. At that time we'll count up everyone's winnings and the biggest account
get's a LIVE Trading Account loaded with 20 BTC margin. You have absolutely no risk when you win. And when you start
making money on this account. YOU KEEP IT! Plus we have a Level table. When you reach level 11 we can lease you a
Porsche Boxster. When you reach Level 15 its A FERRARI!

All you have to do IS BE THE BEST!

Come and play with us.
Visit www.firstglobalcredit.com/competition to learn more.
Or get your username now by registering at www.firstglobalcredit.com/register and start practicing before the 22nd!
That is NOT cheating. It's just making sure you know how to use the platform.
GOOD LUCK!!
6  Bitcoin / Bitcoin Discussion / First Global Credit is launched on: October 07, 2014, 03:34:56 PM
First Global Credit launched yesterday at “Inside Bitcoin Exhibition”, in Las Vegas. This is the world’s first professional investment service that enables Bitcoin to be used as security on investments. See Coindesk http://[Suspicious link removed]/1nbN5d1   and further information at http://[Suspicious link removed]/1nX3OS7 
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