HiBTC PROJECT ((ICO 2018))-SHARED DIGITAL ASSET TRADING PLATFORM

in dprince2281 •  6 years ago  (edited)

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INTRODUCTION:

I welcome you all once again to this Wonderful CRYPTOCURRENCY NETWORK BLOG, as usual ! all of you know's, I always carry you along with any information about good crypto related projects through my blog.

Millions of new investors began trading cryptocurrencies. Of course, as with any investment vehicle, there are many different trading strategies, so it’s important to identify which one suits you best.

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To be successful in the world of cryptocurrency trading you must know the market very well, but above all, you must know yourself. Perhaps this is even more important than knowing the market, and your future in the world of crypto may depend on this level of self-honesty.

In general, there are four types of cryptocurrency traders based on the time they take between the opening and the closing of an operation (between buying and selling or vice-versa). You can combine two or more strategies, but the important thing is to know how to distinguish them and the differences in each one. From shorter to longer times, the types of trading are:

Scalping:scalping.pngScalping is a type of cryptocurrency trading which is based on buying and selling almost instantly. It is perfect for those looking for a fast trading style. The scalper does not take his eyes off the screen, seeing the variations in real time. These trades typically don’t last more than 5 minutes.
This type of trading requires a lot of leverage to obtain considerable profits, and it involves opening and closing many operations on the same day. The idea is to bet a lot of money to get very little profit but in a brief time.
The analysis of trends is not very important in this type of trading because short-term predictions are less accurate. If you are a scalper, you must know how to make quick decisions. You cannot “get attached” with a coin, and you must be very strict with your limits of Take-Profit and Stop-Loss.

Day Trading:day.pngDay trading is a short-term trading strategy that consists of opening a few positions at the beginning of the day and closing them at the end. This way, there is a greater range of action and a quieter period of operation, controlling the risks of leaving a trade open for a few days and suffering a change of trends by an unexpected event. i.e., if you live in the United States and leave a position open, bad news from Asian governments may cause a fall while you sleep. In the same way, some good news may generate an increase, but at the end of the day, what matters to the Day Trader is having control over the information.
The most common candles daytraders operate with are candles from 15 to 30 minutes. Sometimes they observe 4-hour behaviors to see if their trading is part of a trend.
They use indicators and technical analysis. The most recommended ones are the MACD and the RSI.

Swing Trading:swing.jpgThis is the most common type of trading in the cryptomarket. Generally, because of the significant volatility of altcoins, traders buy a currency and then change it to USD, BTC or ETH only to buy another altcoin and thus maintain their wave of profit (most altcoins are quoted mainly against Bitcoin).
Swing trading cryptocurrencies consists of opening trade and leaving it for a reasonable period of time, from hours to several days. They generally use candles from 12 hours onwards with other essential indicators. One that is not usually missing is the volume of the market. The use of technical analysis is of great importance.
The most common indicators are the MACD, RSI, Stochastics, however many prefer to use other signs that provide a more general view of market behavior: Fibonacci Regressions, Gann forks, Bollinger, EMAs, etc.

Position Trading:position.pngPosition trading is a trading strategy that is more “investment” than “trading.” It consists of opening positions and leaving them for several weeks to years. It requires extensive knowledge of aspects beyond the technical ones. Long-term investors are willing to take a significant amount of risk in favor of the possibility of making a considerable amount of profit.
An in-depth study is necessary to know the reliability of each move that is made, for this reason beyond the technical analysis, traders must continuously apply fundamental analysis studies.
The most common candles studied go from 1 day to 1 month depending on how willing investors are to maintain their position.
But above all, as serious as the trading world may be, make sure you enjoy your trip.

In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called: HiBTC

WHAT IS HiBTC?

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#HiBTC is new exchange platform that will provide to you about safe, secure, efficient and convenient digital asset trading for all participants. each participant can effectively achieve the investment objectives without worrying about personal privacy protection or the security of digital assets. HiBTC is committed to creating a completely transparent, fair and shared investment environment.

#HiBTC will also introduce a “Dividend Bonus Program”. Users can voluntarily join the program with part or all of the HIBT it holds, which will enjoy different proportions of dividend bonus in addition to the basic dividends. when a user makes any transaction on the platform, in addition to obtaining the target assets, it can also obtain [mining generated HIBT + basic dividends + dividend bonus]. All of the above mining and dividend data will be made public in real time and are truly transparent and accessible.

ABOUT HiBTC

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#HiBTC is a new platform with unique functionality, it was launched only in early August 2018. In accordance with new trends, crypto exchange platform allows you to mine in the process of trading and distribute profits among those who own exchange’s tokens. It’s important to clarify that the system partially resembles the Ponzi scheme, but this is not at all the case. This version of the concept of cryptocurrency exchange allows you to increase liquidity of the pool and attract new users, allowing you to receive good dividends.

Platform itself is registered in Malta. English, Korean, Japanese and Chinese are used as officially supported languages. Thus, exchange is oriented more towards the Asian region, but also with possibility of interaction with English-speaking users.
Currently, platform supports only 8 cryptocurrencies: BTC, USDT, LTC, BCH, ETH, CMT, USE and HIBT. Exchange has ambitious tasks to add new tokens for trading. To do this, a form has been created, indicating information on token in which you can add into the stock exchange and subsequent trading. This option of adding is very open and accessible to all creators of tokens.

A BRIEF ABOUT HiBTC FomoHIBT

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#HiBTC being a platform with its community at heart launched a feature known as #FomoHIBT this is a prize pool which will grow in size in relative to the platform's growing incomes. Then, 100% of the daily dividend of the account "Holder Shared Fund" will be put into the bonus pool daily until someone triggers the price. Once this price is triggered, the HIBT trading contributors of that day will be announced and rewarded with the associated prize in the pool.
This is another opportunity to earn while interacting in the platform.
More information can be found via the link: https://www.hibtc.com/#/act/fomohibt

HiBTC PLATFORM BENEFITS

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SAFETY: You will agree with me that, as much as cryptocurrency has changed the face of the market system, the general acceptance has been marred by the occurrence of a security breach. Fraudsters can take advantage of this digital asset without a success on the track record of such been made. Like several other platforms who came up with a means to tackle this problem. The use of blockchain technology has been adopted to breathe some fresh air on this challenge. HIBTC Platform goes an extra step to ensure the safety of their users by creating additional firewalls for security purposes. They include a multilayer signature model and a cold/hot wallet signature. In addition, the platform partners with other companies to ensure that your digital asset (cryptocurrency) is safe.

EFFICIENCY: Why use an exchange platform that cannot be efficient in its transaction. Unlike many exchange platforms, HIBTC exchange platform guarantees efficiency in your transaction. Rarely we see an exchange platform that best tackles efficiency program as the HIBTC exchange platform. Its advance memory coupling algorithm which can effortlessly handle 2 million transactions in just 1 second is amazing. Not only this, users can enjoy an advanced API interface support coupled with high-security efficiency, GTT, GTC, ICO. In addition, professional investors can be sure of a high-class technical support.

TRANSPARENCY: The crux of successes in all field is to identify a problem and solve it. Not only is the centralized model disorderly, there is a challenge of lack of transparency. Users seem to be in the dark of how the sharing of the revenue made is done. HIBTC exchange platform does not only publicise all platform transaction data, income data and mining data publications are inclusive. This is done on a real-time basis to enhance trust within the exchange platform ecosystem.

INNOVATION: The world is ever evolving, so are its demands. As much as we have platforms who are quick to incorporate new ideas into the daily running of their platform, so do we have others who are status quo based. HIBTC leads the pack of exchange platform with its innovative stride. The exchange platform is the first platform to introduce the usage of 1+1 currency listing dual-channel model which makes the traditional method of free base currency listing mode become obsolete. Users can now have their desire for choice fulfilled. With this innovation, users now have the power to decide where to invest.

HiBTC ROADMAP

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HiBTC ICO ANALYSIS

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The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the HiBTC PLATFORM

HiBTC TOKEN ANALYSIS

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The HiBTC platform will be functional with the use of HIBT token. This is a blockchain based type of token used for all the transactions on the platform. The users of the BM token on the platform will enjoy different discounts. And the HIBT token can be exchanged to different digital currencies globally.

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HiBTC Token Allocation:

Total supply: 10 billion

50% Trade-fee mining reward

18% Holder shared fund

25% Founding team and strategic partners

5% Cornerstone investors

2% Market promotion

HiBTC Token (HIBT) is the only token issued by the HiBTC platform, not only as a digital asset, but also representing all rights and interests of the HiBTC platform. HiBTC promises to regularly allocate the platform revenues to all HIBT holders; at the same time, the “transaction + token holding” mining model (“proof of mining hours + proof of equity” mechanism) is adopted, and 50% of the HIBT issued is rewarded to users through transaction processing fee mining.

Trading as Mining:*

50% of HIBTC Token (HIBT) is rewarded to users through trading process. Users will get an amount of HIBT when they are trading on HIBTC Exchange. Every time when a user paid trading commission, HIBTC will reward an amount of HIBT. There are three factors decided how many HIBT can a user get. One is the trading commission paid, another is the current price of HIBT, the last one is the rate of fee return.

For an example, when John buy 1,000 Bitcoin(BTC) on HIBTC, HIBTC will charge a 0.1% fee, which in this case will be 1 Bitcoin. When HIBTC received the commission fee which would happened instantly after John finish the trade, HIBTC will reward John with 1 Bitcoin worth of HIBT, if the rate of fee return (a%) is 100%. This reward will be release every one hour.

Users can increase their miner grades by increasing the HIBT holding balance, the higher grade miners will get a higher rate of fee return (a%) and the upper limit of mining per hour. To maintain a long-term and steady development of the platform, HIBTC will limit the hourly mining quantity for each account. HiBTC shall be committed to the unique innovative model of HIBT and try to bring more premium trading experience and more bountiful incomes for the investors.

Revenue sharing

HiBTC will set up a prize pool growing in size along with the exchanges growing incomes. HiBTC shall put the 100% of the daily dividend of the account “Holder Shared Fund ” into the bonus pool, every day before someone trigger the price. Once the pool is triggered, the HIBTs trading contributors of the day will be distributed all prize in the pool.

HiBTC promises to regularly allocate the platform revenues to all HIBT holders and the remaining part will be used for platform operation. Without the establishment of a board of directors or shareholder meeting, the right to make decisions on major issues, income rights, management rights, etc. shall be fully returned to HIBT holders. HiBTC will snapshot the HIBT holding status of all users and calculate the dividend distribution scheme according to the platform revenues within that hour and the ratio of HIBT held by each user. The daily accumulated dividends will be released the next day. HiBTC will publicize all data related to user interests on a real-time or regular basis, including but not limited to platform transaction data, income data, mining data, and voting data, which shall be queryable, traceable and verifiable. We are really practicing transparency, fairness and honesty.

CONCLUSION:

Thanks to Blockchain Technology and HiBT CPlatform for introducing better and incomparable ideas in the World Crypto.

For more information about this project, please! follow the link bellow » » »

★WEBSITE: http://www.hibtc.com

★WHITEPAPER: https://www.hibtc.com/om/about/en-us/whitepaper.pdf

★BOUNTY THREAD: https://bitcointalk.org/index.php?topic=5016151.0

★FACEBOOK: https://www.facebook.com/profile.php?id=100027855751559

★TWITTER: https://twitter.com/HiBTC_Exchange

★TELEGRAM: https://t.me/www_HIBTC_com1

••BITCOINTALK USERNAME: Dprince2281

••BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1907552;sa=summary

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AUTHOR: Dprince2281

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