Posts in Category: General

Crypto Currency and Start up’s- The Deadly Combination

As the mainstream currency flows in the global economy, many options come for the startup is that have found the cryptocurrency world to be a haven for all their fundraising strategy. The ICO has been a popular form of raising the required working capital, without having to go through the complex channel finance from traditional banks. The underlying business models that are designed by the new enterprises are highly dependent on this mode of financing to expand their product and service base including selling their own coins, tokens.

The Game Changer-ICO

  • the ICO is the most successful way of raising funds by startup’s and small and medium enterprises that is a simple and easy way to raise the required capital without any underlying assets or any model to raise the funding requirements
  • the technology adopted is independent, just like an internet protocol, without having any tags attached, or a highly complicated model
  • based on the whitepaper the basic business plan the whitepaper has the details about the project to be funded, this source has raised millions of funding in cryptocurrency for more than 93 % of the startup projects
  • the speculation about the project funded has off late seen a decline in the number of a white paper released, as the regulations are strict in this mode of raising funds
  • privately distributed platforms have mushroomed to cope up with the funding requirements, and are slowly refraining from ICO to investors with high-risk profiles, to fund their projects with a nondilutive substantial amount of capital, instead can go for a Series A to B ICO
  • a well researched token system is replacing the methodology to raise money for your captive requirements, as most of them are using this route to increase their token sales, there should be clarity about the token sale and ICO issuance for captive funds
  • the credibility, growth and more importantly the legitimate asset class is better for adopting the cryptocurrency to fuel their investments and create an industry that is driven with a focus on the core project and not ways to exhibit personal finances

The entire ecosystem of a startup who are dependent on the crypto way of financing has ensured a more professional outlook, to keep a keen watch on issuing security based upon the underlying intention of the company to be financed and have stricter regulations in place.

Real Estate Based Crypto Currency Havens

Investing in real estate has been a long-term trend, to keep the industry rolling and return on the investment to be on the high radar. Players in the financial services hubs have been increasingly investing in the world of cryptocurrency ever since the client list started expanding for the coin currency by boosting the access of the coin currency for the clientele. FinTech companies have moved ahead in the crypto world to launch a proprietary currency, with the amazing underlying blockchain, supported by the real estate groups.

Dealing in real estate markets is quite tricky, while the trend to invest in them is high; the markets are volatile and have to protect the high leveraged investors from the rising inflationary pressures in the traditional financial markets.

Benefits of using Cryptocurrency in real estate

  • offering liquidity and security is the prime focus of the sub currencies that have started floating around in the crypto markets
  • the mortgage-free real estate is a good way to invest with cryptocurrency, as it is highly regulated, authenticated and tracked with the blockchain technology
  • commercial real estate will guard the investors as they are actively traded and a stable asset class that requires the payment to be done through brick coins, backed by cryptocurrencies, traded in commercial real estate space
  • like other unsecured mainstream investment on assets, the investment through the crypto enabled real estate is a class apart, as they are secured and regulated, hence the investment group has made it safer for the people to rally in this space using the proprietary of the cryptocurrency
  • the buyers of the brick coins can exchange them to equivalent fiat currency, to get back their original invest including the appreciation they earned during the invested period, the source  of investment is through traders who invest heavily in this space to gain the maximum
  • this approach of using the extension of cryptocurrency is to remove the stumbling blocks that prevent investors to foray in real estate as digital assets coming into the mainstream is still in the beginning stages

The constant ambiguity that surrounds the digital currency to invest in real estate has been a constant no gainer, with a cryptocurrency that is highly backed and regulated, reducing the inherent risk of the buyers, banks are now optimistic to adopt the underlying technology to boost the sector and encourage buyers of digital assets.

Banks – The Risks Faced By Them

Banks – The Risks Faced By Them

Any organization which has an objective of profit maximization holds a particular degree of risk. Banks to face various risks because of the intermediary and payment function they perform.  The changes in the banking environment have led to an increase in pressure to maximize the value of shareholders.

Exposure to risk does not necessarily always mean loss. For instance, online trading of various securities involves quite a high amount of risk but the return is very high. The risk is mainly because of the market volatility in case of trading sector. But there too, you could keep a check on the risk involved if you choose online good trading platforms that assist you to make wise and calculated decisions.

Different types of risks that are associated with the banking sector

Exchange rate risk- There has been a considerable increase in foreign investments and multi-national firms because of the globalized markets and it, in turn, increased the political and foreign exchange risk. Duration analysis is used to do a comparison between the foreign bond value and the interest rates of domestic currency. Using gap analysis, one can measure the exposure to risk and it would be equal to the difference between liabilities and assets in each currency.

Market risk- It is the movement of risk in the various financial instrument’s price function which results in gain or loss in value. It is actually a speculative risk and is measured by probability in potential gain or loss in the portfolio. Here the risk could occur in 2 ways; systematic risk and unsystematic risk. The risk arising by the movement of the price of all the financial instruments because of macroeconomic climate changes is known as systematic risk.  Unsystematic risk arises when the instruments do not move as per the expectation because of internal factors related to the issuer. This risk could be easily offset by diversifying the investments into different industries or countries so that the risk is spread effectively to avoid any big loss in a specific sector.

Credit risk- It is the risk associated with failure to repay the loan by the counterparty either in full or in part.  This includes a default on loan agreement or delayed payments. It is the most damaging risk which a bank has to face and especially, for this reason, there is an entire credit department which helps in keeping this risk under control. The credit risk management is done by reducing the losses by building a strong portfolio with high risk and low-risk lending.

 

 

Cryptorobots And Cryptocurrencies

Cryptorobots And Cryptocurrencies

 

Technology has catapulted us to a position of great advancements. Machines are getting intelligent day by day. Business, a field that requires astute research, where resourcefulness and being inventive comes handy the robots have made their mark. The concept of crypto robots are indeed new and still in the mend, but it is simply the most promising development in the industry.

What are Cryptorobots?

Cryptorobots are programs that are specifically designed to perform trading. It ranges from shares to bitcoins. The question then is why robots?

Robots specifically designed for the purpose of trading by specially written algorithms help in this process. The robots belong to a kind of called Automated Trading System which is the principle behind Cryptorobots. When an algorithm is designed into the bot, based on the data collected relevant to the given problem, the bot produces a result on its own intelligence by processing the data with the algorithm.

Characteristics of Cryptorobots

  • Emotions can play a very big role in trading, and if not careful there are chances of huge losses from it and Cryptorobots are governed by a set of prewritten rules.
  • Traders before going forward with their investment in the bots, they can check the rules governing the trading using bots across data with already proven results.
  • Traders may use multiple strategies by using multiple kinds of bots thereby having chances of more success.

Most Famous Cryptorobots

There are two important bots which help with trading but differs in their logistics and the items they are used for trading.

  • Crypto Robot: It is a kind where based on algorithms the robots invest for the trader in shares based on the algorithms, that is found to be most effective with larger profit margins. Special blog sites need the trader to register in them by filling out a few details, and once registered the robot will do the investment for the trader based on its algorithm.
  • Crypto Robot 365: It is a kind of robot that trades with bitcoins as well as shares. It uses a unique method of synchronizing the software of the broker account with the software of the robot.

Cryptorobots push the level of marketing to the most advanced standards. It is indeed the future of trading and it does depend upon the effectiveness of the algorithms they use.

Understanding Types Of Budget

Understanding Types Of Budget

Every person should include budgeting in their life to have a good control on personal finance. If you keep aside some time for it, the benefits one receives from it is huge as it would streamline all the expenses incurred and helps in achieving your financial goal easily and quickly. Similarly, having a trading plan while you indulge in trading is also important for you to earn a profit.  You need to choose good trading software that can help you in putting the trading plan into action.

There are various strategies one can adopt for budgeting. The strategies help in making the budgeting more easily.  Every individual is different. Hence, one type of strategy might work for a person while some other strategy would work for another. Understanding the different strategies will help you in determining the budgeting strategy that would work best for you considering your personal situation.

Different types of strategies

50/30/20 type of budget- It helps in determining how much one can spend in different categories. It would help in focusing more on the financial goals.  Out of the total income earned, fifty percent should be spent on personal priority needs such as basic food, housing, transportation costs, etc.  The next thirty percent of the income should be spent on your wants like eating out, movies, entertainment, etc. The final twenty percent would be spent on things like your goals such as retirement or buying the house.

Envelope budget- In this type of budgeting, you assign money that could be spent on each category.  For each month you withdraw the cash and put in different envelopes that are labeled for each category.  Whenever the money gets over in each category you should ideally stop spending. It is ideal for people who are not good at tracking the expenses.

Zero dollar budget- For this type of budget, you need to plan the entire spending for each month to the last dollar. It helps to plan the expense effectively and gives a good control over the spending. It helps in monitoring the budget regularly.

Five- category budget- According to this budget, five categories are set up and it determines the percentage of income one will spend on each category. You need to allocate a percentage of the income to each category while you make the budget plan and ensure that you stick to it all the time.

Budgeting Basics To Help You Control The Finance

Budgeting Basics To Help You Control The Finance

The primary way one can take control of personal finance is through budgeting. A well-written plan which guides you about spending money is known as a budget. One can prepare an annual or monthly budget. It helps in making all the financial decisions much well in advance and it would be quite easy to cover all the expenses an entire year. Also, budgeting would help in building wealth same way as a good trading plan will guide you being a successful trader. You could learn about how to be successful in trading by reading the full report.

Importance of budgeting

Budget is quite a powerful tool as it lets you in determining where and how you wish to spend the money.  When you are able to master the budgeting process, you can ensure that every dollar is spent the way you want.  When you have the budget in hand, you could track all the expenses and determine whether it’s matching the priorities.  When a person begins budgeting, he would be surprised to find that how much money gets spent on things that are not important to him at all.  Budgeting makes sure that you are sticking to the financial plan and monitor the progress on reaching the goal.

The process of setting up the budget

Budget setup is an easy and straightforward process. If you have never budgeted earlier, then you can start by checking out your last 3 months bank statements to get an idea about the monthly expenses. You could use that statement into the group the expenses into different categories.

Step 1- List all the income earned in a month. It should consist of all the payments received like your paycheck, income from any other sources like investments, child support, etc.  If you are running the business, you should include the amount you pay yourself from the business.

Step 2- List out the expenses beginning with most important to least important. Whenever required you can make the cuts easily when the expenses are listed in order. The expenses that come in the top of the priority should be your necessities like food, utilities, debt payments, savings goals, etc. Towards the end of the list could be the luxury spending like entertainment, travel, eating out, etc

Step 3- You need to compare both income and expenses. Your expense should be always less than the income. If the expense exceeds more, then you should find ways to cut the expense by cutting down the spending on luxury items. This budget will help you in keeping track.

 

 

 

 Can Cryptocurrency Take on the Payment Processing Industry

                            Can Cryptocurrency Take on the Payment Processing Industry

As we are exploring the possibilities of accessing the internet for whatever we require, then click and search concept seems to be working for most of us today. Call it the paucity of time or the need to be upgraded as a merchant, so that there is no falling back when a customer requests for newer technology-enabled solutions for their benefit. As people, transact more in the digital revolution the existing business model has to constantly evolve around the digital space accepting the coin currency as an alternative to the fiat currency.

There could be many changes required for the first time merchants who have worked with the sluggishly paced payment cycle, while the newer technology is rapidly changing the way the entire product cycle was, even the payment terms and the timeline is reduced for a merchant. With the base coin currency becoming immensely popular for its strength to strive along the fiat currency that has existed from ages, the thinking of customers to has changed to trust the base coin currency and make payments through them without having to convert, have additional software and hardware installed and spending too much money.

  • merchants have the liberty to maintain and create their own digital wallets that could be disruptive to the traditional currency that was thought to be easier, however with the time and ease of trading, Qprofit System has become widely accepted and traded by big traders, , read more about Qprofit System from the real-time reviews that are realistic and not faked
  • using the card payments to settle the POS transaction was having the issues of refunds, disputes that have made the system having a loophole, fraud detection was not foolproof and hence there was a lot of pending cases to handle the resolution of disputes
  • as the merchant and customer are on their own when it comes to using the digital currency based merchant services, there is no terminal that is monitored by any issuing agency, hence the need to keep that eye and administer the entire transactions is important

As payment gateways, merchant terminal and currency exchanges grow considerably, the need to accept those increases, with more coin currency being mined the power and the exchange rates of the digital currency will be influenced by these factors. Deciding on whether this could disrupt the traditional exchanges and add more power to crypto-based transactions will have to wait until the mystery unfolds.

 

Ways to accept Cryptocurrency by Merchant Services

                            Ways to accept Cryptocurrency by Merchant Services

Accepting the cryptocurrency as a mainstream payment solution is a huge step taken by merchants who are otherwise skeptical, the need to adopt new technology comes from the popularity if the digital currency and the need to get faster payment turnaround time and cater the business needs. With the growing demand for your products or services, dedicating a part of the payment solutions through a dedicated hardware without having to spend days to get funds in the account is essential for small and medium enterprises.

The main way when merchants can accept the payments in digital coins is either tie up with a cryptocurrency terminal provider or simply accept payments from the touch of Smartphone button. Well, the choice is yours, as ultimately it a timely payment that matters for the merchant along with a good customer relation for long time business needs.

  • the payment system used should be adaptable with the existing technology that is used, else as a merchant you can simply connect your mobile device into the digital wallet, that is required to be created before accepting payments,
  • the operating system should be windows or android, or apple, a lesser or older version will have to be upgraded to let the payments come into the digital wallets
  • popular digital wallets have the facility to convert into the currency as the merchant wishes to without having to pick a single currency payment solution
  • the QR code recognizes the transaction and the coins get transferred to the merchant’s wallet, all this will happen once the merchant has a digital wallet that is protected by a strong set of password
  • popular wallets do the conversion into the base currency that the merchant chooses automatically, otherwise, the merchant has to manually place the order to convert them to the base currency opted or to the fiat currency

The POS machines have come with a dedicated payment processor that can even generate the reprints based on the transactions; the payment system comes with both the hardware and software to create invoices and receipts that will be permanent and immutable. There can be no further editing to the transaction, read more about Qprofit System, and the underlying technology used by different trading platforms like Qprofit System for creating the receipts and generates invoices based on the merchant solution chosen. The terminal prints the invoices, and the QR code scans the invoice based on the customer, acting as an ATM for making the payments.

 

 

    Role of Cryptocurrency in Merchant Services

                                Role of Cryptocurrency in Merchant Services

The digital payment market is steadily making its presence in the service sector, the easy way to trade and settle transactions based on an encrypted code ensures that the payment reaches the merchant immediately when the transaction is complete, rather than waiting for a long time for the funds to reach the merchant account. The life cycle of the payment to pooling the resources in production is short and the time took earlier adopting the traditional point of sale terminal.

In terms of gaining a lot of importance, this method of accepting crypto coins in any form the customers eases the trade and the payment can be made through any cryptocurrency or by purchasing the coin currency from the third party service providers. Most of the e-commerce business can add this mode of accepting coin based transaction which a big addition in their portfolio presence in the markets.

  • adopting the technology behind the crypto currency-based transaction is evolving, the Blockchain technology is unique in every aspect
  • as peer to peer currency, the amount of security and safety of the transactions are high on the priority, with a decentralized way to transact and keep the identity anonymous
  • the price volatility and the market fluctuations are great influencers of the crypto markets read more about QProfit System based on the reviews to trade online that is popular
  • accepting the blockchain as a forefront in technology, merchants can be relieved from the high charges that attract from the number of transactions done through them, there is no setup fees or cancellation fees most of the customers are getting habituated to go the crypto way
  • the technology makes the transactions to be immutable and cannot be tampered with from anyway, the  Qprofit System software also work, based on the same blockchain technology securing the data highly
  • the increase in people going through the crypto trend has been adopted by in stores and POS terminals too, have the coin based payment accepting network that is inbuilt

The recent reviews based on the feedback of merchants, especially in e-commerce have benefitted largely with the use of alternative payment solutions that have gained a lot of customers at a steady pace. There is a huge shift from waiting to generate fiat currency and pool it back as working capital for small enterprises, businesses are adopting and embracing the new technology and solution that reduce the time to receive the funds.

 

 

 

Creating a business plan

Creating a business plan

Whenever you start a new business, the first step you need to take is to make a business plan.  It will outline the strategies, goals, financial needs and the marketing aspect in a detailed manner. The plan is created so as to ensure that the organization follows the good path. Also, it helps in gathering managerial staff, finance and other varied support.  A business plan is very much needed even if it is an online business.

If you want to make money till you set up the business, you can conduct online trading of cryptocurrencies using ethereum code.  You can learn more about the process to apply and the benefits it offers here. You have the option to opt for automated mode wherein the trading will be done by the robot while you can work on your business plan.  The money will be generated by the software.

Steps to set up the plan               

Chalk out a business summary-  It should cover all the aspects like who will be running the business, what is it offering, what is target goal, when will the business will start, how will it function on daily basis, etc.

Make a marketing plan in a detailed manner- One should conduct a lot of research in order to chalk out a marketing plan.  You need to cover the below-mentioned factors:

  • Determine demographics of the customer base
  • Determine the long-term and short-term advertising campaign
  • Determine the key competitors
  • Explain the pricing structure
  • Explain the payment process

Review the management team- You need to explain the experience and background of all the players in the management team. The financial institution will want to know about it when it is planning to invest in you.

Chalk out a financial plan in a detailed manner which explains the costs, start-up capital and also should have a forecast on the profitability- You need to clearly mention all the anticipated costs especially the start-up capital which is required to begin the business process.

Create a business schedule for the long-term as well as for immediate future- This should cover the date of starting the business, marketing initiatives to be taken, employee hiring, loan repayments and so on.  You need to ensure that you keep updating this business schedule.  You need to cut off the milestones once you achieve them.

Finally, organize the business plan with an executive summary and a description of the company.