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Everything posted by Abraham

  1. Abraham


    Hi Marko, EOS’s social engagement has been on the rise throughout the year’s first quarter. Block.one, the organization behind the coin’s blockchain, is repurchasing equities to make room for more strategic stakeholders. This could also be an attempt to reinforce ownership and escape media scrutiny. In a past interview, Organization boss Brendan Blumer stated excessive transparency could hurt their competitive advantage. However, he emphasized ambition and balance sheet strength as the company’s distinguishing features. Note that Block.one has conducted a similar buyback in the past. Early this year Pioneer users got a 6,567% ROI, equivalent to $6.6 million per $100,000. The company has also unveiled its social network. Dubbed Voice, the platform will utilize the EOS blockchain and concentrate on the community as opposed to selling products. The coin may encounter a major shift this month as it approaches the $3.00 resistance. Hence, exceeding $3.10 is necessary for triggering a brief purchase and setting the pace for the $4.00 medium-term buying point.
  2. Excellent question, Carlyn, They are not the same but they are related. Bitcoin (BTC) is the original cryptocurrency. Then in August 2017, there was a split in Bitcoin, which saw the birth of Bitcoin cash(BCH). Therefore Bitcoin Cash got its name by virtue of using the initial bitcoin cash client. These two cryptocurrencies have a similar reward system, mining algorithm, supply, white paper and supply. However, the following technical distinctions exist as a result of the BCH block being eight times larger than a BTC block. • Bitcoin Cash allows many more transactions to be processed in a second because it increases the block’s size. As a result, several people can use Bitcoin cash at the same time compared to Bitcoin. • The transfer fee for Bitcoin cash is lower than Bitcoin’s with Bitcoin costing $5.16 in May 2020 compared to BHC’s $0.001 to $0.008 per transaction. • Bitcoin cash transfer times are relatively faster than Bitcoin.
  3. Being input-oriented, leading indicators predict future events. Such metrics include the steps to take for a successful business and the product development process. But these measures aren’t foolproof. Consider them what might happen instead of what must happen. The fact that they’re unique to different institutions makes them hard to benchmark. In contrast, lagging indicators show past activities, for example, expenses, client engagement, and revenue. On the downside, the pointers appear too late to be acted upon. Additionally, the signals don’t give the reason behind an occurrence or the ways to counter it. You may not be able to stop clients who have defected to your rival. Both indicator types improve market understanding. Note that some indicators fit in all the categories. Take the case of employee recruitment. For HR, hiring the finest talent becomes a lagging indicator because they have taken the correct measures when choosing the candidate. Conversely, the company views it as a leading indicator because it translates to better future performance.
  4. Abraham


    Hi Trevor, Per the recent Q1 announcement, BT’s net debt hit £18 billion on March 31, 2020, an increase from last year’s £11 billion. Out of the £7 billion increase, £6.5 billion came from the new lease regulations demanding assets and liabilities on lessee balance sheets At the same time, the balance sheet indicated a £6.1 billion plunge in the company’s pension deficit. The report also announced the discontinuation of the year’s dividends to March 2021. The move will cushion the organization’s credit rating and release up to £2.5 billion for other value-adding investments during the Coronavirus pandemic. This year on May 13, a story emerged of BT’s plan to offload a multibillion-pound share of its Openreach branch. According to the source, the proceeds would fund a £12 billion fiber project. Although the rumor was dispelled, this narrative emphasized the potential value of the telecommunication giant’s stocks. With experts estimating Openreach at £14 billion-£22 billion, all is not lost for BT shares.
  5. Basis represents the difference between spot and futures values of the same asset. While spot prices are paid instantly, futures contracts retain payments to a set future date. Considered an arbitrage technique, a basis trade aims at gaining from the variable pricing of connected futures contracts. Opposite positions are taken from two or more matching contracts to conduct a trade. That way, the markets approach the equilibrium as the pricing variations are adjusted to make profits. The fact that earnings come from slight price movements calls for high leverages. Aside from commodities, such trades may involve equity indices, currencies, and contracts backed by debt instruments. In contrast, spread trading entails maintaining offsetting stands in two futures agreements. It targets profits resulting from pricing instabilities facing contracts with unique or common expiration. Spread trading may occur between assets in the same industry like Alibaba and Amazon, ETFs, or separate asset classes, for example, equities and stock indexes. A spread trader not only benefits from tight risk controls but also standardized order-entry.
  6. Copy trading links your assets to those of your favorite trader, therefore, saving you the trouble of creating a strategy to track the markets. This method mimics not only an investor’s open trades but also their future activities. The fact that you choose the amount to commit to a deal minimizes your losses. What’s more, you get to learn the ropes as a newbie. But copy trading also has its downsides. To begin with, choosing a trader means the technique isn’t completely passive. Similarly, the trading platform and the user you’re copying take a cut of your commission. Like all investments, the plan is not foolproof. This calls for the diversification of your portfolio. You can also consider other passive income avenues like dividends, bonds, CDs, P2P lending, and real estate. Also, check your leader’s trade history for past wins and regulatory status for legitimacy.
  7. Once you have decided to venture into Forex trading, you will have three steps ahead of you. These are identifying a trading strategy, picking a trading platform, and learning about the major risks involved. Scalping strategy lets you buy or sell a currency pair over a short period, which is a few seconds or a few hours. The intraday strategy focuses on one-hour or four-hour price trends. This allows you to concentrate on the main Forex market sessions. Swing Forex trading strategy, a medium-term trading tactic, keeps your Forex trades open days or a few weeks. Pick a Forex trading platform with elements like trustworthiness. Ensure quoted price accuracy, data transfer speed, and fast order execution. The security of personal information and funds is a major element. So are embedded tools allowing basic and technical analysis. Risks to worry about include transaction fees, rollover fee,interest, inactivity fee and leverage.
  8. Hi CFDs are arrangements between financial organizations and investors where traders take a stand on an asset’s future price. Spread betting, on the other hand, requires you to predict the values of instruments like commodities, stocks, and fixed-income securities. Aside from guessing whether the market will leap or drop, you also decide the amount to place. Unlike CFDs, spread bets have specific expiry dates. While you can use a broker for spread betting, CFD trades need direct market access, therefore, enhancing transparency. Commissions are also a distinguishing feature. Although CFDs charge transaction fees, the trader either owes or is owed cash at the end of the spread betting contract depending on whether they make gains or losses. As such, capital gains tax is charged on CFD profits as opposed to spread betting tax-free proceeds. Remember the investor doesn’t own the underlying market assets in both cases.
  9. Exchange Traded Products are standardized financial instruments you can trade on an organized exchange. Over The Counter or derivative products are financial instruments traded away from exchanges. Prices rest on values of one or more underlying commodities, equity indices, securities, debt instruments, or agreed upon arrangements or pricing indices. The biggest difference, and crucial distinction, is the distinction of customization versus standardization. ETD product terms have a set standard. A clearing house gives you a guarantee the other side transaction meets their obligations in any transaction. The clearinghouse takes on all contingent default risks, meaning neither side need not worry about the other’s credit status. In OTC trading transactions, such a guarantee does not exist.
  10. Trading with CFDs happens on margin. This means you have borrowed costs of an underlying asset and you are paying interest each day. As such, long term CFD holding calls for careful thought. Your CFD financing fees rest on when you, as a trader, hold your position after market closure. CFDs do not expire. Therefore, you can hold both a long and a short position, so long as you have funds for your position. Long CFDs begin to get real expensive past 6 weeks for they attract levy financing charges. This makes CFDs unattractive for long investment terms. As such, CFDs make best instruments when traded short term and market speculation. Each closed day is a trading session end. If you hold a CFD still, brokers charge a holding fee. Costs depend on whether you have bought or sold at the end of the day, and vary broker to broker.
  11. GLD ETFs grant you access to gold price movements without buying actual gold. Structured as trusts, the ETFs represent a particular gold amount per share. Although arbitrageurs adjust tracking prices when ETFs deviate from gold values, the Coronavirus outbreak is challenging this precious metal’s position as a low-risk asset. This is evident in the March dip that occurred alongside other stocks. As such, central banks may take measures like bond purchasing and direct financing to avoid a similar scenario. That notwithstanding, investors could dump gold for risky holdings when the virus is contained. China-US economy wars and the nearing US election could also affect the market. But all hope is not lost. GLD ETF Bullion is stored in vaults. What’s more, the 0.4% annual fee is friendly to small investors.
  12. Hi Mary The Forex Market Trade Breakout strategy is an effective avenue for entry into a market at the beginning of an emerging movement in price. You have a breakout when faced by a price break with closing going beyond chart psychological level. You should not mark a psychological level with one thin line. Rather, you need to perceive a psychological level as a zone instead of a precise area with a fixed-line mark. You will have a breakout anytime the market price closed a candle outside this psychological space. Identify real breakouts when price closes one candle beyond a psychological level. Another is price creating a bottom when the breakout is bearish or top after breaking. When price makes a comeback and tests broken resistance in support. The opposite is true within a bearish breakout. Yet another is when price breaks and bounces already created tops or bottoms in a bearish breakout.
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