Forex is an online trading form where people connected can buy and sell currency. Forex operates globally, and it works twenty-four hours. Recently, technology has evolved, and traders are adopting a new way of trading online using cryptocurrency like bitcoins and fiat.
Initial coin offerings (ICO) is one of the most significant trends in cryptocurrency. With many types of cryptocurrency flooding the market and other new cryptocurrency being developed, anybody can decide to offer investors new cryptocurrency or crypto-token in exchange for bitcoins. Later the crypto-token can be traded or sold when in demand. The core reason of ICO is to fund and develop new currency into the cryptocurrency market. ICO is the latest tool for revolution currency. Moreover, it is revolutionizing the whole of the financial system.
Jordan Lindsey is the founder of JCL Capital in San Francisco, California. Moreover, he is an algo trader with much experience in the financial services and technology industry and a self-taught programmer. Lindsey, ever since he was a teenager, had a mindset of an entrepreneur. He always dreamt of creating something that would make a better world in business industry. Today he is one of the most successful cryptocurrency traders in the world.
Lindsey also is the founder of Bitcoin Growth Bot. He used his programming skill to design an algorithm that enabled trading on an online foreign exchange market. This algorithm was his most significant success. The algorithm allows for trading of about five trillion dollars a day. Banks, corporation, central banks and different countries are the chief traders using his algorithm.
After making a success of the algorithm, He decided to create his cryptocurrency token called Nucleus and use the algorithm platform to market it. The algorithm will enable him to create demands for his crypto-token. Lindsey is currently building a back-end framework of his site and getting ready to launch it.
Cryptocurrency is the new trend of currency trading. ICO funds and markets new cryptocurrency by buying and later selling it. Lindsay is one successful person who created an algorithm to enable trading of cryptocurrencies on online foreign markets. Besides, he formed his own crypto-token and used his algorithm to create demand.
Jordan Lindsey, the mastermind behind JCL Capital grew up in New York. Jordan Lindsey’s innate love for competition and creation paved way for a promising entrepreneurial career. He knew as a child that he would create something valuable and revolutionary.
A veteran of algorithmic trading, Jordan Lindsey is an accomplished pioneer of technology in the financial services industry. This San Francisco resident is an alumnus of Mount Angel Seminary and St. Joseph’s College, and a self-educated system architecture designer and programmer.
Jordan Lindsey believes entrepreneurs must be unconventional to create innovatively and hence looks for opportunities to develop and evolve. Learning positive aspects from everything he encounters and modifying it extensively before implementation has made him successful. In 2Q17 he coded an algorithm for foreign exchange markets on the MT4 platform. This trend of developing bots for forex trading continues till date.
Unlike Jordan Lindsey, one needn’t possess programming skills to create robots. New services that assist in creating robots to automate basic activities, and control simple details and technical aspects, are continually emerging. Thus, allowing traders with minimal programming knowledge to tweak bots to meet their requirements. Get More Information Here.
Other forex trends for successful and profitable trading in 2018 include:
- Multifaceted brokerages: Last year, a noticeable change in forex trading occurred when small brokerage companies operating on pseudo-legal schemes were removed from markets. Consequently, traders are becoming pickier when choosing a broker. Selection criteria are no longer limited to number of rebates or bonuses offered. Brokerages which have a reliable history and offer more than just proprietary software are a trader’s first choice.
- Trading socially: Social trading has gained momentum. Since, traders wish to easily share trading results, signals and charts. Beginners value this service immensely because even without prior trading experience they generate results identical to seasoned professionals.
Other than Forex, Initial Coin Offering (ICO) is also gaining prominence. While, forex trading requires constant attention and action, ICO is a onetime investment that only necessitates initial research.
ICO is the crypto counterpart of IPO (Initial Public Offering); companies acquire funding from public, without having to approach a bank or Venture Capitalist. Some 2018 ICO trends are:
- Increasing reliability: Initially, ICOs were unreliable owing to lack of proper regulations. However, now regulatory bodies are implementing financial regulations to legitimize investments.
- Widely accepted: ICOs were criticized by numerous countries in 2017 for their lack of limitations and regulations. Now, they are being launched in countries which had previously banned them, increasing competition among countries.
- Involvement of classical investors: Venture capitalists are now interested in ICO, thanks to its massive ROI.
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