ETHOS unwraps ETHOS BEDROCK

ETHOS unwraps ETHOS BEDROCK

ETHOS unwraps ETHOS BEDROCK; a connecting link between Enterprise and Blockchain.

Fulfilling its mission to create democratic financial system ETHOS unwraps ETHOS BEDROCK, which is a High-performance Blockchain Financial Services Platform. By the launch of ETHOS BEDROCK, Blockchain and Cryptographic protocols can be used by financial institutions as easy as internet protocols. Financial institutions can easily create their own blockchain and crypto currency solutions.

 

Major Applications of ETHOS BEDROCK For Institutions:-

  • Digital Wallets
  • Fiat Gateways
  • Payments
  • Wealth Management
  • Exchanges
  • Custody

ETHOS BEDROCK utilise security proven platform such as BIP32,BIP39, and BIP44 that plays a important role in safekeeping digital assests through Ethos SmartKey Technology. BEDROCK also comes up with an abstraction layer which supports for multiple Blockchain and custom digital assests.

Bedrock includes structures that enable institutions to create their own crypto wallets, liquidity and custody services, as well as custom solutions for blockchain integration, alerts, identity and transaction monitoring.

Bedrock is powered by the ETHOS token which is designed to provide utility and access throughout the Ethos ecosystem. Bedrock business partners may utilize and stake the Ethos token to unlock access to the system, pay for the fees, and receive discounts.  A gas mechanism protects the network from resource greedy, malicious or inefficient applications and provides reduced fees, creating a win-win ecosystem that operates efficiently and cost-effectively while delivering benefits to both businesses and consumers.

5 Keys to Consider When Building Your Cryptocurrency Portfolio

5 Keys to Consider When Building Your Cryptocurrency Portfolio

Building a cryptocurrency portfolio is not something you do in 5 minutes. The rise of the cryptocurrency market and ICO’s, in general, has lured many investors into the idea of making big bucks as quickly as possible. And while there’s still plenty of opportunity out there, it pays (quite literally) to be as professional as you can.

It’s the wild wild west all over again, except this time, programmer cowboys are riding in on coded horses in search of digital gold. Arm yourself with some powerful tools so you too have a chance of striking it big.

Let’s dive in and take a look at 5 key points to consider when building a cryptocurrency portfolio.

#1: Bitcoin – The New Benchmark

In the following graphic, we measure the % gains of several major cryptocurrencies against the US Dollar since the beginning of 2018:

Beginner investors love measuring the performance of their favorite coin versus their local currency (like the US Dollar or Euro). This is a mistake, however. Consider instead to measure your performance versus Bitcoin or Ethereum.

In the example above Bitcoin outperformed Litecoin, Monero, and Dash but not Ethereum. 2018 Has so far turned out to be a bear market and having more Ethereum in your portfolio would have minimized your losses. 28% Compared to Bitcoin’s 57%.

Why Benchmark?

The granddaddy of crypto didn’t achieve that title without good reason. Bitcoin’s enormous bull market since 2011 is the result of an economic value system which has been built with the properties of sound money in mind.

It’s no surprise then that many in the crypto community refer to Bitcoin as digital gold. Just as the physical kind is used as a store of value in troubled times so does capital flow into Bitcoin when investors become nervous:

  • No hack of the Bitcoin blockchain has ever been recorded
  • Bitcoin is widely available & well supported on exchanges around the world
  • It is the most liquid cryptocurrency available (easy to find a buyer/seller in the market)

Many smaller coins underperform Bitcoin and are difficult to trade. Ask yourself, is it worth the risk to buy a lesser known coin? In many cases, just HODL’ing bitcoin and doing nothing for a few years will work out better in the long run.

#2: Understand Your Risk Profile

Risk is just as much a part of life as it is in the markets. No pain, no gain, as they say. Investing in this market means dealing with huge swings in price (volatility). And many do not have the stomach for it.

It is essential to ask yourself several questions related to cryptocurrency risk. It’s also a good idea to write down the answers. Some questions to consider:

  • How much capital do you have to invest?
  • Are you comfortable losing some or all of your capital?
  • What are your investment goals?
  • How close are you to retirement?

A good method to measure your risk tolerance is to see how well you sleep at night while invested in the cryptocurrency market. If you find yourself obsessing over price and getting up in the middle of the night to check, chances are, you have too much capital invested. Never ever invest money you cannot afford to lose!

You may want to consider hiring a financial advisor to do the work for you. But keep in mind that accredited financial advisors are almost unheard of in this emerging industry.

#3: Do Your Own Research (DYOR)

Perhaps the worst thing you can do in this market is to invest impulsively or based on a random tip you heard via friends, family, a Telegram channel or Reddit group. This is your money after all.

We live in the age of the internet, and information has never been so widely available as it is today. This is both a good and a bad thing. There’s a bunch of info out there. It’s relatively easy to find, but relatively hard to interpret. It’s your job, as an intelligent investor, to do your own due diligence.

Every project is trying to market themselves in the best light possible. No project is perfect and many are just downright scams. Check in with the experts. There are some excellent sources on twitter providing valuable information on a daily basis.

#4: Take Full Responsibility for Your       Decisions

Now that you’ve done the hard work, it’s time to actually add coins into your cryptocurrency portfolio and face the consequences. That’s right, you are completely responsible for all your investment decisions, both good and bad. Own it. It will make you a better investor.

Don’t be fooled by tweets, videos or posts by investors who claim they never lose. Even the best investors in the world make terrible decisions. It’s part of the game. When you accept your mistakes you also open the door to becoming a better cryptocurrency investor.

In no way, shape or form should any of this post be considered investment advice. If you’ve heard that before it’s because influencers all over the web fear providing content which could be considered as financial advice. Why? Because many investors who lose money often want to shift the blame to someone else. Don’t be that guy/girl.

The recent Bitconnect scandal, which saw a number of influencers served with lawsuits, is a good example. So I say it again, you are completely responsible for your own financial well-being.

#5: Be Patient

When people see double-digit returns in a major bull market it’s easy to catch a case of the fomo (fear of missing out). Be patient, play the long game. The market was here yesterday and it will be here tomorrow.

Unless you are a talented and active day trader, a longer-term HODL’ing strategy might be a better option for you. When you take the longer view, with practice and patience, it’s easier to stomach double-digit losses because you see the bigger picture. Bitcoin has already painted that picture since 2011.

Remember, there are no guarantees with this. Consider also the opposite side of the argument. Use patience as one tool in your larger toolkit. Being patient with a coin which goes to zero does not pay off. Either way, patience is a virtue worth building as you become a better investor.

Cryptocurrency Portfolio Summary

Cryptocurrency investment is not for everyone. Some will become stinking rich from it, and some will lose all their money. With some disciplined work, the chance of you becoming the former and not the latter increases dramatically.

To summarize, keep these 5 keys in mind when building your cryptocurrency portfolio and good luck out there in the markets!

  1. Bitcoin – The New Benchmark
  2. Understand Your Risk Profile
  3. Do Your Own Research (DYOR)
  4. Take Full Responsibility for Your Decisions
  5. Be Patient
Xcrypt: Shaping the future of Crypto-Exchanges

Xcrypt: Shaping the future of Crypto-Exchanges

Xcrypt Ltd ; a crypto company registered in Malta is all set to launch a Zero Trading fees hybrid exchange with Crypto Debit Cards. Although the company is yet to kick-start it’s Pre-Sale and ICO on Q3 2018. Xcrypt has already secured listing on LaToken Exchange, although Xcrypt is going to be exchange itself. For more details of Xcrypt ICO and bonuses refer to www.xcrypt.club

Some of the salient features of their plans:-

Fully compliant trading operations

  • Centralized & Decentralized Exchange Platform.
  •  Withdraw FIAT from Exchange.
  • Crypto Debit Cards.
  • Custom built Bot Trading.
  • Airdrop Ranking System.
  • Focusing on ERC721 and Security Tokens.
  • ZERO fees.
  • 100% encrypted platform.
  • Multi Language Platform.
  • Fast deposits and withdrawals.
  • Exchange FIAT and Cryptocurrencies.
  • Make payments with FIAT and cryptocurrencies.
  • User friendly interface.
  • MVP (Minimum Viable Product) available.
    [https://www.xcrypt.club/beta/]

Xcrypt ecosystem is a rewarding one for the XCT Holders with their innovative Airdrop Ranking System,which can be illustrated as following:-

Source :- www.xcrypt.club

MyWish launches ICOPool Smart Contract.

MyWish launches ICOPool Smart Contract.

MyWish launches ICOPool Smart Contract.

Yes,you heard right MyWish, a platform which helps in developing smart contract without the know-how of coding.

💠 Key Highlights of the ICOPool Smart Contract :-

➡️Zero Commission Fees.
➡️After an official deployment of an ICOpool no one has the right to change an address.
➡️Can work with/without KYC.
➡️An original code of every ICOpool Smart Contract is uploaded & verified on the Etherscan.
➡️ Decentralised  Smart Contract.
➡️ Cost of the smart contract is 2 ETH.

Why ICOPool Smart Contract ?

ICO investing is becoming increasingly difficult for very small investors.Angel Investors and Private pre-sale investors are enjoying all the added benefits of ICO’s. Small public sale investors are clearly facing the heat with minimal allocation/Airdrop and lack of discounts.ICOpools are emerging as alternate option for small investors. There exist several ICOpools  in current market. Most of them are non-trustless Pools. Investors are generally aware of the high risks involved with non-trustless Pools. MyWish is eliminating these risks by introducing Smart Contracts for ICOpools.

For more information:-

Website :- https://contracts.mywish.io

All you need to know about the current ETF FUD

All you need to know about the current ETF FUD

All You need to Know about the Current ETF FUD


Bitcoin ETF’s is a hottest and the most controversial topic these days. We at Cryptojournalist are bringing point to point evaluation regarding the current status of the Bitcoin ETF by SEC, USA.

What is ETF ?

An ETF is a type of fund/money that owns the any of the assests like (shares of stock, bonds, oil futures, gold bars,silver bars, foreign currency or anything which can be classified into assests) and divides ownership of those assets into respective shares.

SEC [Security and Exchange Commission] of America recieved application for ETF from the following entities :-
🔶Awaiting Approval (Expecting on September 21,2018)🔶
Direxion Asset Management.
NYSE [New York Stock Exchange] to be traded on CBOE or CME.
CBOE filed by VanEcks and SolidX.

🔴Application Rejected🔴
Winklevoss brother’s application was rejected.

D-DAY 11 Sept! Future of Crypto in India

D-DAY 11 Sept! Future of Crypto in India

Future of Crypto in India …

Cryptocurrency has been controversial in INDIA since the Judgement of Supreme Court of India on April,2018 ; which has sought a interim ban on the bank accounts of Indian Crypto Exchanges.

Finance Minister of India have repeatedly asserted in Parliament that a team is already studying the ways to regulate cryptocurrencies. When talking to a senior officer at RBI one of the party in the case, who refused to disclose his identity told us that the draft is in final phase and to be patient for regulations because Government  wants to keep a check on Black Money and provide security to the investors although it would attract taxation. Furthermore he added that even Prime Minister Narendra Modi, is highly positive for the Blockchain technology and he have asserted in some of his rallies as well. Digital India is a  Flagship program of Prime Minister and a committee is already appointment to check the benefits of Blockchain Technology .but people often mixes Blockchain and Bitcoin!
Crypto is going to be legalized sooner or later in India.
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