The traditional trading system involves the buying and selling of goods and services. Through the advent of the Blockchain Technology, we have seen digital currencies being traded as well.
Several crypto enthusiasts and experts have traded on a cryptocurrency exchange at one point or the other.
The peculiar thing about all form of trading is that it’s mostly done to gain something. On the part of the buyer, he gains an item he is willing to pay for, whereas on the part of the seller, he gets paid.
Just as it is in the traditional settings, so we have day traders in the crypto community.
Day trading is very common in the crypto society. It involves the buying and selling of a digital asset within thesame day. I have seen traders make a fortune out of this. Likewise, i have also seen day traders take a huge loss while daytrading. As a person, I fear day trading alot.
The reason most people are afraid of daytrading is that asides from the fact that all buy and sell orders placed are based on speculations. There is no mechanism behind the system, people get clouded by emotions and end up making irrational decisions. One error for a day trader could result into a loss that spans across all the profits he has ever made.
Luckily for the crypto community, the Openblock platform has created a long lasting solution to help daytraders maximize their profit and trade wisely. The platform relies on the function of its AI bot called OBI. The OBI is know to be an automated and artificial intelligence trading bot. With the help of the bot, traders can make up to 1200 trades per day.
Unlike humans, who base their trades on emotions and speculations, the OBI employs algorithms to make informed decisions as regards which market it should trade in. Another great improvement of the Openblock platform is that its bot works all day. It works 24hours non stop. Unlike humans who has to sleep, eat and work, the sole aim of the OBI bot is profit maximization.
A visual representation of how it works
Another mistake made by daytraders is that they tend to over rely on the charts which most times exposes them to a great risk of loosing investment. The OpenBlock pairing platform on the other scans appropriate news updates, employs technical analysis and takes into consideration statistical models before investing. This allows it to reduce its potential of risk exposure to the barest minimum.
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Toen sale Information
Token Ticker: OBC
Date for token sale: 28 FEB 2018 – 3 MAY 2018
Accepted means of payment: ETH
Hardcap: 26,250,000 USD
Softcap: 4,550,000 USD
Restricted countries: USA, China
KYC needed: No
Team
Roadmap
For more information and update about the Openblock platform, visit;
Website: https://openblock.co/
Whitepaper: https://openblock.co/white-paper/index.html
Telegram: https://t.me/joinchat/HfRRfxKetQCmLuTKyvu5FA
Twitter: https://twitter.com/openblocknet
Facebook: https://www.facebook.com/OpenBlock-1914740418855104
Instagram: https://www.instagram.com/openblock41/
Youtube: https://www.youtube.com/channel/UCGH12SO9i8IsqaOkHVXUXcg
Authors Bounty0x username: Bossbaby