With bitcoin climbing over 50% in the past month, the notable gold aficionado and economist Peter Schiff has thrown shade at the market’s recent rally. Schiff argues that this uptick in value is nothing but “speculative mania” and advises folks to funnel their risky investments into gold instead. Schiff Warns of Speculative Mania in Bitcoin, […]
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CoinEx Launches Auto-Invest Plan to Help Prudent Investors and Beginners Invest in Crypto With Ease
PRESS RELEASE. Crypto investors have access to a wide range of investment methods, including short-term and long-term trading, wealth management, and auto-invest, among others. As investors differ from each other in terms of risk appetite and expected return, it’s crucial to identify an investment strategy that suits one’s unique circumstances. For crypto beginners or prudent investors, “lazy” investment strategies such as auto-invest are always a good choice.
So, what is auto-invest?
Auto-invest is a process of automatically investing a fixed amount of money with regular cycles. This investment strategy consists of two key components: fixed cycles and fixed amounts. The former means that investments are made at fixed intervals, while the latter represents the sum of money used to purchase the investment target every time is predefined. Many auto-invest methods are available, and the simplest one involves users investing a fixed amount of money at fixed intervals. When employing this approach, investors should define three parameters: the investment price, the investment time, and the amount for each investment. To be more specific, the investment price helps investors control the risks of a crypto project, and investors set different investment prices based on their own risk appetites and expectations.
Overall, auto-invest is a defensive investment strategy that particularly suits prudent investors and crypto beginners. Since crypto exchanges differ in terms of crypto prices and the calculation of returns, auto-invest might be a better choice for beginner investors looking to invest in a crypto project over the long term.
For prudent investors, buying cryptos at regular intervals diversifies the cost, as auto-invest features multiple entry/exit points. From the perspective of long-term investment, auto-invest lowers investment costs, spreads risks, and saves investors analyzing entry points or purchase prices. Furthermore, with auto-invest, investors no longer have to adjust their long-term investment plans due to short-term market swings.
In February 2023, CoinEx, a world-renowned crypto exchange, introduced a new feature called Auto-Invest Plan, helping its users invest in crypto with greater ease.
Aiming to make crypto investment easier, CoinEx Auto-Invest Plan is a crypto trading strategy that helps users automatically accumulate cryptos via pre-set investment and recurring cycles. The most prominent feature of the new function is that users can easily choose the right trading strategy and earn profits by making regular crypto investments with predefined amounts and cycles, without having to worry about the specific timing.
Furthermore, CoinEx Auto-Invest Plan comes with two highlights:
First, with easy-to-use procedures, CoinEx Auto-Invest Plan is designed to help users buy crypto via automatic investment plans using idle funds. With the new feature, CoinEx users only have to enter the amount and cycle, without having to worry about the specific timing. As such, CoinEx Auto-Invest Plan enables investors to diversify costs and spread risks and to accumulate assets regularly.
Second, CoinEx Auto-Invest Plan features easy operations. On CoinEx, users just have to create a plan and set the relevant parameters, and investments will be made automatically according to the predefined amounts and cycles, which minimizes manual operations.
So, how can we create an Auto-Invest Plan on CoinEx?
1.Visit CoinEx’s official website (https://www.coinex.com), log in to your account, and select [Strategic Trading] under [Finance] in the top navigation bar;
- Find [Auto-Invest Plan] on the [Strategy Trading] webpage, and click on [Create Strategy];
3.Select the market, and set the [Recurring Cycle], [Repeats on local time], [Investment per Cycle], and other parameters to create a strategy. An Auto-Invest Plan will be created upon clicking [Create]-[Confirm].
On CoinEx, investors can create an Auto-Invest Plan in three simple steps. According to the exchange’s official website, CoinEx allows users to create multiple trading strategies, including the Auto-Invest Plan and spot grid, and each CoinEx user can create up to 20 effective (including suspended) strategies.
CoinEx Auto-Invest now features 10 markets, i.e. BTC/USDT, ETH/USDT, SOL/USDT, ATOM/USDT, MATIC/USDT, FTM/USDT, XRP/USDT, ADA/USDT, DOGE/USDT, and SHIB/USDT, with more new markets to be added. Moreover, according to its official announcement, the exchange is preparing for the launch of Spot Grid, an exciting function for crypto investors.
Disclaimer: The article offers no financial advice; investors should rely on their own insights when investing in crypto.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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DMarket Shows That the Prudent ICO Approach Pays Off
The world of ICOs moves at breakneck speed. But as the old saying goes, often the more hurry means the less speed. DMarket is an example of a project making great strides in its operational objectives but attracting criticism from some who invested in the ICO looking to exit within a matter of just days or weeks.
DMarket is in pole position to become the dominant decentralized marketplace for turning virtual gaming items into real assets. Gamers dearly value items such as unique weapons in titles like Counter-Strike: Global Offensive so DMarket uses the blockchain to create a ledger powered by its DMT Tokens to securely trade these items which were previously locked in silos.
With the gaming industry already making 0 billion in game revenues last year and expected to reach nearly 0 billion by 2020, DMarket occupies one of entertainment’s most enviable niches.
DMarket completed its token sale in December, less than three months ago, but still hasn’t made a listing. The company has been very communicative about this on its Twitter and elsewhere. What the team claim is that they have been going through a lengthy legal process to ensure compliance with regulators such as the United States Security and Exchange Commission (SEC). For a project set to become the go-to marketplace for the global gaming industry and its 2.3 billion gamers, a “built to last” approach seems prudent.
Approximately half of ICOs in 2017 failed, either because they were scams or were badly executed. DMarket Founder and CEO Vlad Panchenko has become somewhat of a poster boy for transparency in ICOs. He outlined three clear warning signs for ICOs to the North American Bitcoin conference in Miami in January. Unsurprisingly, the number 1 concern relates to projects needing strong core executive teams with experience in the topic of the ICO, not just lists of advisors.
Last week, some of DMarket’s patient hard work paid off. While developing the platform and issuing regular tech updates, the team also established a partnership with Unity Technologies, the world’s most widely-used real-time 3D development platform. The tie-up enables seamless in-game digital asset trading and transactions with any Unity-based game. Unity’s titles now become easily able to connect to the DMarket blockchain and make in-game assets available for virtual trading and exchange. Unity powers more than half of all new mobile games and 60% of all VR and AR content. Games and experiences made with Unity reached more than 3 billion devices worldwide in 2017 and were installed more than 20 billion times in the last 12 months.
Such a top-level partnership surely came as a relief to DMT token holders who may be set to revisit another old saying, namely that often good things come to those who wait. For those projects which rush ahead without heeding advice from lawyers the picture is less bright. This week, the New York Times reported that the SEC has sent as many as 80 subpoenas to dozens of people involved in ICOs. This comes as a clear sign of the Commission’s desire to rein in ICOs, targeting companies viewed as non-compliant as well as their advisors and lawyers.
This SEC move comes after high-profile disasters such as the PlexCoin ICO which was shut down in December by the SEC following an official complaint. The SEC has since frozen all of the million from the ICO, its founder was jailed, and the parent company fined 0,000.
So, while companies may have raised over billion through ICOs in 2017, in half or more of these projects investors would have saved themselves a lot of anguish by ensuring that proper processes were adhered to. Meanwhile, for DMarket the future looks bright – both as a blockchain with great usefulness and for DMT holders whose investment is set on solid legal and technological foundations.
The post DMarket Shows That the Prudent ICO Approach Pays Off appeared first on NewsBTC.
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