Cryptocurrency trading that is run based on instinct or experience only might not give a good result. The market of cryptocurrency is sometime too dynamic to predict. This make many trader play safe and sometime feel unsure of what to do next (buy / sell / close). There is an outgoing debate in the cryptocurrency community about the merits of day trading cryptocurrencies as opposed to holding or “HODLing” them. The strategy of buying a cryptocurrency and then holding it for a long term hasn’t been successful recently. Performance of just holding was great only in good times when the market kept going up but it turned sour after its peaking on Dec 18th 2017. Bitcoin has taken a big dive from its peak at almost $20,000 to hovering around $7,000 a coin for some time now. Other cryptocurrencies such as Ethereum and Ripple, have fared worse, down 80 percent and 92 percent, respectively. Many of those caught up in the crypto fever of late 2017, who bought coins close to their peaks, like some of the cryptocurrencies themselves, now lost 90 percent of their money.
LUCRE is an automated algorithmic trading system based on statistical analysis of data from the last 5 years (for BTCUSD). Automatic trading, it is possible to set specific rules for both trading entries and exits which, after being programmed, can be automatically executed via a computer. After the rules are established, the algorithm monitors the market to find buying or selling opportunities based on the specifications of the trading strategy. Depending on the specific rules, as soon as the trade is entered, each order to stop the cessation of the protector, stop the trailing and the profit target will be automatically generated. In fast-moving markets, this instant entry order can mean the difference between a small loss and a catastrophic loss if the trade moves against the trader. There is a long list of advantages to having a computer monitor the market for trading opportunities and execute trades.
LUCRE is a project with the ability to generate revenues in all kinds of market conditions through buying and selling with every good opportunity. Even in a current scenario of not so profitable crypto market, Lucre attempts to make a profit by making short-term trades through its Lucre trading Algo that runs on a Metatrader trading platform. The interested investors can purchase the LCR token through the upcoming Token Sale that will track the performance of the Algorithm. The price will be updated regularly to accurately reflect the value of the underlying Crypto assets being traded by the Algo. A participant can trade on the exchanges which will list the LCR token.
LucreToken offer the following features:
SIGNAL SERVICE: Receive buy/sell/close alerts of high-quality and exclusive trading signals with +75% of accuracy to trade it yourself on any broker or exchange.
AUTOMATED TRADING: Fully automated system compatible with all Crypto exchanges and Forex CFD brokers to connect LUCRE with your account without need to move your funds.
TRADING POOL: LCR tokens deposited in the pool will be managed by LUCRE algorithm and trading team.
LucreToken process steps are:
Participant applies for the LUCRE Token and gets whitelisted (KYC/AML). After receiving the confirmation of been whitelisted the participant then sends the funds (ETH) to the public address of the Token sale event. After receiving the funds, LUCRE smart contract automatically sends the LCR Tokens to the sender’s wallet. Part of these funds are sent to the company reserve fund wallet; At the end of the Token sale event, 40% of the received funds in ETH are liquidated and transferred to the LUCRE Derivatives Trading account where trades are executed by the LUCRE Algo. The trading account is also linked to a third party system where the performance of the Algo is verifiable 24X7.
For every trade executed by the LUCRE Algo, a signal will be sent out to every participant who has contributed more than 1ETH during the Token sale. These signals can be used on Metatrader terminals offered by CFD crypto brokers and in the future will be available for crypto exchanges as well.
Daily performance calculations will take place and posted on the LUCRE dashboard.
There is a difference between 'high risk' and 'unacceptable risk' in the minds of many participants - cryptocurrency has traditionally been seen as the last. LUCRE aims to bring risk to an acceptable level for allocations to retail participants. The maximum disbursement of LUCRE Algo trading is 30% in 1 year of trading test results. In comparison, BTCUSD has dropped 70% from its peak in December.
The power of automated algorithm is in eliminating trader’s emotions, mistakes of chasing coins on the move, and the need of continuously watching the markets. It also gives the chance to ideally manage the risk to avoid negative outcomes, because all trades are placed with protective stop losses. In fast moving markets this can mean the difference between a small loss and a catastrophic loss in the event the trade moves against the trader.
Investors can participate in a crypto trading algorithm through the upcoming LUCRE Token Sale. LUCRE’s utility token (LCR) will track the performance of the algorithm. The price of the LCR token will be updated regularly to accurately reflect the value of the underlying crypto assets being traded by the Algo. LCR token will be traded on the crypto exchanges where it is listed.
The token pre-sale will be held from October 15th for the next 30 days and the main sale will begin from November 14th for the next 4 weeks. A total of 12.5 Million LCR tokens will be produced out of which 10 Million will be available for sale through the Token Sale. The investors can get 30% off by participating in the pre-sale. The discount in the four phases of the main sale will be 20%, 15%, 10% and 0% respectively. LCR tokens provide premium membership and limited access passes. Once you have these tokens, you are able to earn money combining several options.
LUCRE will allow the users to receive buy/sell/close alerts of high quality and exclusive traders with +75% of accuracy. The user can take advantage of the fully automated Lucre system which is compatible with all crypto exchanges and Forex CFD brokers. All the LCR tokens deposited in the pool will be managed by LUCRE algorithm and trading team. Every participant who has contributed more than 1 ETH during the token sale will receive a signal, every time the LUCRE Algo executes a trade.
With the down payment you will receive LCR tokens that provide premium membership and limited access to the service. When you have these tokens, you can earn money by combining the various options detailed below. Tokens can also be sold to another participant. With LUCRE, Token traders do not need to contribute additional funds, since they can profit from initial participation with the advantages of the algorithm. At the same time, participants can use their funds to conduct additional trades on trading signals LUCRE. Thus, you can increase your profitability. You can choose one of the following options or combine them to optimize your income.
LUCRE is an exclusive platform, because participants with access to algorithmic signals and autorouting are limited, and this exclusivity is controlled by the number of tokens. If you want to receive signals or use Autotrading, and you did not participate in the Token sale event, you will need to buy tokens from the original participants.
Every participant who has contributed more than 1 ETH during the token sale will receive buy/sell/close signals of high quality every time the LUCRE Algo executes a trade. Use the signals for manual trading with any broker on any exchange.
Users can use some of their Fiat funds with Autotrade algorithm, with all benefits going directly to the participants. Fully automated system compatible with all Crypto exchanges and Forex CFD brokers allows connect LUCRE Algo with your account without a need to move your funds.
The trading algorithm will take long and short positions and bet on both bearish and bear markets, thus diversifying and optimizing the performance of the portfolio. As a participant in the sale of tokens, you can decide to earn money by selling tokens, since the advantage of exclusive service and the results of the algorithm trading should see the price increase or hold it and get a constant profit tracking the effectiveness of the trading word.
Join LucreToken to gain the full benefit of doing cryptocurrency trading supported by automation. Trading algorithms will take long and short positions and bet on both bull and bear markets so that they diversify and optimize portfolio performance. Reduce your risks of gambling away your investment unclearly. LucreToken is the platform to do the smart trading for smart trader.
Website: https://www.lucretoken.com/
ANN: https://bitcointalk.org/index.php?topic=4959492.0
Whitepaper: https://www.lucretoken.com/docs/Lucre_WhitePaper_EN.pdf
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Github: https://github.com/LucreToken
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User Profile: https://bitcointalk.org/index.php?action=profile;u=2104689