Investment & Money

There are a million and one ways to trade the forex market. But successful forex traders know that simple trading strategies work best.

As a beginner trader, your next step after choosing a forex broker should be choosing a strategy. The newbies from Cyprus can try TriumphFX broker, which offers the MT4 trading platform to try the strategies and will always be there if there are any problems with it.

That’s why we have outlined seven of the most common and effective ones in this article. Each strategy is easy to understand and doesn’t require any fancy indicators.

Whether you are a new trader or an experienced one, these strategies can help you make more profitable trades in the forex market.

Before getting acquainted with each, let’s go over the concept of a trading strategy.

What is a Trading Strategy? 

A forex trading strategy is a way for a trader to decide if they should buy or sell a currency pair at any given time. Forex trading strategies can be based on technical or fundamental analysis and news-based events as well.

The trader’s currency trading strategy is usually made up of trading signals that will trigger a buy or sell decision. Note that strategies can be found online or may be developed by traders themselves.

When choosing a forex trading strategy, you should start with the one that is based on your level of experience as a trader and your overall goals. For example, if you are a beginner trader, you might want to start with a strategy that is based on simple moving averages. As you become more experienced, you can move on to more complex strategies.

Here are 7 strategies we have prepared for you. So let’s go through each now.

Trend Trading Strategy

A trend trading strategy is a popular approach to forex investing. It involves using technical indicators that identify market momentum and going long or short accordingly, based on what has happened in past trends of similar currencies pairs

It is important when executing this type of trade to occur with an appropriate risk management plan because it is impossible for traders who have done well before will always succeed moving forward – even though they may predict correctly where prices are headed next.

The most popular technical indicators used to identify trends in forex trading are relative strength index(RSI), moving averages (MAs), and average directional index-ADX.

Breakout Trading Strategy

Breakout trading is a simple and popular forex trading strategy that beginners can use.

A breakout can occur when prices increase above resistance areas (known as bullish) or decrease below support ones (bearish).

The reason why they are so important? Well, most often than not – broader patterns represent starts off the increased market volatility, which means by waiting around until there is an opportunity you could join new trends right before they begin.

The reason this strategy has become so prevalent over time isn’t just because investors are seeking greater returns – they also want less risk involved.

Range Trading Strategy

The idea behind range trading is that prices often hold within a steady and predictable range for given periods. This strategy works best in markets with stable economies, and currencies are not subject to surprise news events frequently enough so they can be relied upon as reliable sources of information about economic conditions or upcoming changes which impact investments greatly.

Range traders can use the same tools as trend-trading counterparts to identify opportune trade entry and exit levels, including relative strength index (RSI), and commodity channel index (CCI) stochastics.

Carry Trade Strategy

The carry trade is a risky but popular strategy in which traders look for opportunities by taking advantage of interest rate differentials between countries. A trader executing this technique “borrows from” low-interest rates currencies to fund higher return investments, then sells those assets when they become more profitable if the outlook has changed since their purchase date was set. Usually, this happens because there is been an unexpected event like political instability affecting markets worldwide which will influence currency values eventually too.

Momentum Trading Strategy

Momentum trading is a strategy that focuses on the strength of trends. It is based on how strong they are, and if they will continue in either direction – up or down.

If a trader wants to use this strategy then he needs to open the position when there is momentum going in one particular direction (either increase more than expected) and close out those positions when things slow down significantly from what was expected by looking at volume volatility timeframes.

News Trading Strategy

Trading the news is an old but still actual strategy that can be applied to your forex positions. The main thing here is that if you are interested in a specific currency pair, make sure you follow events related to those currencies and their economic developments as well as any major political announcements or changes that may affect how traders view their prices moving forward.

MACD Trading Strategy

MACD is a popular forex trading strategy that helps traders identify when prices are trending and at what point they may be about to change direction. This strategy can be especially useful if the trader already knows enough about indicators and can use them to achieve the goals. The MACD strategy indicator has three parts – the MAC DIJoe line, signal line, and histogram.

Conclusion

Forex trading strategies are important for successful trading. Different traders prefer different methods depending on their personalities and goals. The 7 simple forex trading strategies we have outlined should give you a good starting point to find the best strategy for you.

So, if you are just starting out in Forex, or if you are looking to add an additional strategy to your toolkit, we hope one of these will work well for you.

Remember though, no single strategy works all the time – so be prepared to adapt as needed.

Did you just fall in love with the masterpiece you saw at the recent exhibition?

The detail and finish of that art piece must have caught your eye immediately. Besides art fans, many investors also fall in love with art. While they observe the delicacy of a painting, they also look for its financial aspects. Investors may pick a beautiful art piece as an investment.

Though, did you know that art is not always a safe investment!

Art and art forms evolve. Apart from a few timeless pieces, art goes out of fashion like clothes or hairstyles. Yet, it does not stop investors from purchasing them.

Investing in fine arts can be excellent to expand your portfolio. It shows that you are willing to invest in high-profile businesses and not scared to take risks.

Plus, you may brighten your place with the art piece as originals never go old.

The most important aspect of being an art investor is to understand the difference between an original and a copy. You might buy a copy for a million dollars, and it will be too late when you know.

Is it reasonable to invest in art? That’s uncertainty.

But, here’s what you should consider before investing in art.

Long-Term Investment

Investing in arts is not the same as stock. It does not multiply overnight giving you massive returns immediately. While the possibility of it happening is not quite high in stocks either, it is close to zero in arts. When you plan to invest in art as an investment, make sure you have enough to forget about that piece for at least 10 years. Experts say it takes 10 years or more to estimate if your art piece will profit you or the demand will fall. Thus, it is not the best choice if you cannot hold on to the art piece for a long time.

Art is Non-Liquid

Investors typically put their money into liquid assets like stocks or savings that can give them immediate cash in case of need. However, art is not a liquid asset. It is non-liquid or illiquid like real estate. It may not sell immediately when needed, thus not very sustainable.

Research

New investors often think they can invest in art if someone around them has the slightest knowledge. Yet, considering the huge sum involved, you do not want to invest when the risk ratio is more than the benefit. Always research on your own about the artist, their artwork, its popularity, and the estimated reach of the art piece in the future. It may take some time to understand the intricacies, but you can start with a few basics like:

• How many galleries have displayed their artwork?
• Do people vouch for its authenticity?
• Have they gained recognition for their work?
• Do people appreciate their work?

You can get this information from the displaying gallery, or social media is your best friend!

Compare Returns over Long Term

As mentioned earlier, art is a long-term investment, and you cannot expect high returns in less time. Thus, it is significant to understand the art piece’s worth in the best 10 years. It usually depends on the economy and reputation of the artist in the coming years. Still, thorough research about the artist will enable you to make a rational decision about investing in the product or not.

Ignore the Hype

You might feel that this contradicts the research. But, it does not.

The return on investment is not based on how popular the artist is today. Instead, it relies on what people think of them and their work in the next decade. Do not fall for the momentous hype. Invest in art pieces based on their quality, not recent trends. Look for a bigger picture when you invest in a non-liquid asset.

Create Contacts

Contacts are important for any business. They help you get a better deal and good-quality products. So is with art. Establishing relationships with artists, gallery owners, and art critics will help improve your knowledge about the business. Getting in touch with other art investors or advisors from the Art Dealers Association of America is even better.

Buy what you Like

You might think that you are not the best critic to judge the right investment choices. But, we would say you must believe in your intuition besides research. Do not buy any art piece without proper research. Though, you may choose one of the two which you like better.

The Bottom Line

Art is a non-liquid asset, yet it may prove to be beneficial after a decade or so. You can buy an original, print, or reproduction per your budget. However, reproductions and prints may not give significant profit compared to originals. Ignore the hype, compare returns over time, establish contacts, research, and buy the one that seems most appropriate.

You must be aware that the energy sector, including crude oil and natural gas, is closely intertwined with the global economy. Yet, the energy dynamics are ever-changing. From the prices to the utilization in production as energy sources, everything contributes to their value.

The energy sector has evolved for the better in the past years. While traditional oil and gas companies were the top players previously, renewable and clean-energy alternatives have made their way into the market. Wind, solar, and fuel cell technologies are becoming mainstream energy sources.

While people have always found energy stocks quite risky, now they are looking to invest in energy. The clean energy sub-sector has become one of the key players in the energy stock industry.

What are Energy Stocks?

Energy stocks are just like stocks of any other company. It just refers to investing in companies in the energy sector. It could range from traditional energies like gas and oil, utility, or power plants to renewable and clean energy generation companies like wind, solar, fuel cell, etc.

In simple words, you may call an energy company “a company whose core product is based on fuel or electricity.”

Are you thinking of investing in energy stocks?

Let us tell you the different categories and things to consider before investing in energy stocks.

Energy Stock Categories

While energy stocks essentially relate to energy companies, they are classified into different categories based on the energy source. Some of the top energy stock categories include:

Oil and Natural Gas

Oil and natural gas companies are old yet major players in the energy business. They enhance their business by looking for new oil and natural gas reserves to increase revenue. Oil and natural gas are considered good choices for energy stock investment as they contribute majorly to the global economy. The addition of more (untapped) energy reserves increases their value.

Refining Stocks

The other kind of energy investment companies includes pipelines and refineries. While oil and gas companies make money by finding new sources of crude oil, refining companies process them to make them suitable for consumption. The pipeline companies help refineries transport the processed products like refined oil and gas per need.

Mining Stock

While you do not hear of coal much now, it is a key energy source and an important factor in energy production. You may invest in mining companies working on mining coal or uranium for energy purposes.

Renewable Energy Stock

Renewable energy storage systems stocks are becoming prominent in the stock market. They comprise companies that work on green energy sources like wind, solar and geothermal.

7 Things to Consider Before Making an Investment in Energy Stocks

Economic Conditions

As mentioned, energy and the global economy are intensively related. Energy is a critical commodity, and the need for energy never dies. Still, it may face a low demand during poor political and economic conditions. The lesser demand for energy leads to lower supply and reduced costs. To keep supply steady in a region of the financial crisis, the companies may need to reduce the cost of oil or petrol.

Thus, you must consider the global and regional economic conditions when investing in energy stocks. It is better not to invest in them during economic uncertainties.

Monitor Supply

Despite the entrance of renewable energy sources into the market, crude oil and natural gas are the ruling players in the energy stocks. The demand and supply of renewable energy also significantly depend on the demand and supply of traditional energy sources.

Let’s say that several energy companies offer their products and services in a particular part of the world. When people have more options, the companies will compete with each other. It will lead to higher prices. On the other hand, if the supply is low and people do not have many options, they might be willing to buy at higher prices.

Many consumers resort to renewable energy sources when oil and natural gas are unavailable. It allows you to follow the energy supply and how it will impact the energy stocks you invest in.

Oil Prices

You might see this point and wonder, “But, I am not investing in oil or natural gas companies.”

Yet, as we already mentioned, oil prices and supply affect all kinds of energy stocks. It is one of the most important things to consider before investing in stocks. Keep track of the oil prices when you wish to invest in energy. Ethan Bellamy, managing director of Baird, says, “Investors should always guard against oil price volatility. Oil has long, medium, and short cycles, and the largest producers are in a cartel that is slowly slipping from power as U.S. production grows.”

Energy-exchange Traded Funds

Investing in a single stock is always a higher risk than opting for a diversified investment portfolio. Exchange-traded funds (ETFs) are a fusion of conventional stocks and mutual fund characteristics. They let you become a part of the energy stocks market without having to put all your eggs in one basket.

Consider Blue-Chip Companies

Blue-chip companies are well-established, nationally recognized, and financially stable. They are known for their high-quality products and services. They are also good at making profits in poor economic conditions. Investing in such companies gives you high returns over longer periods with reduced volatility. They are typically less risky. Finding a blue-chip company that offers your expected returns over a specific period is always safe yet a little difficult.

Renewable Energy

You might not see a common application of renewable energy today. Yet, it is the future of energy globally, depending on the circumstances. Renewable energy will continue growing as a part of America’s energy mix. Renewable energy sources are green and will be cheap for the next decades. However, it is somehow difficult to find less-volatile publicly-traded renewable energy stocks.

Learn Every Day

The stock market is not a one-day training. It requires a long time to understand the intricacies of the energy stocks and companies to invest in. It is a good idea to follow some local and globally acclaimed energy investment gurus that may guide you further regarding things to consider before investing in energy stocks.

The Bottom Line

Energy and global finances are interlinked significantly. They both depend on each other. Fluctuations in oil and gas prices affect the economy, and economic uncertainty affects the price and supply of energy sources. Make sure to monitor the supply and oil prices before you invest in energy stocks. Investing in energy stocks is a good decision if you have researched properly. You may consider blue-chip companies and renewable energy if it suits your investment model. Experts also suggest opting for Exchange-traded funds (ETFs) for reduced risk.

While most people understand that investing their money will yield results, some don’t realize that investment opportunities aren’t confined to the stock market. Investing is a diverse endeavor that can be challenging and rewarding because of the stakes. There’s always a level of risk involved whenever an investor dabbles in the money markets because of the inherent volatility attached to them.

Working with a savvy financial advisor would be a great way to ensure that your investments grow and provide you with a financial windfall. These financial gurus will steer you towards suitable investment vehicles depending on your risk appetite. So, whether you’re an investor who only likes a little bit of risk or if you’re aggressive enough, there’s a product that’s right for you.

If you’re looking for sound investment advice from a financial advisor you can click here to receive the best help from experienced professionals. They will help you make the right decisions about your investment and expose you to other opportunities that can grow your money faster.

Here are some of the most suitable financial products for your consideration.

Certificates of Deposit 

If you’re an investor who wants to receive a fixed income after a specified holding period, buying deposit certificates may be the best avenue for you. Certificates of deposits are investments that provide your money back plus interest after one, three, five, or ten years. In addition, you can withdraw your money early with a penalty or sell the instrument at the prevailing market rates if you want to liquidate them.

High-Yield Savings Accounts

If you wish to invest your money safely, consider putting them into high-yield savings accounts. They’re not technically an investment because you’re putting your money in the bank at a certain interest rate. However, you must choose a bank with the best rate to maximize the dividend. Also, ensure that you only deposit the maximum allowable amount to protect your money.

Money Market Funds

If you have a moderate investment appetite, look into investing in the money market. With the right advice from your financial advisor, you can plunge your money into a pool of investments that they use to play the money markets. These funds get invested in a diversified manner, and the financial guru seeks to maximize the profit while reducing risk exposure.

Government and Corporate Bonds

While both instruments will expose you to investment, government-backed bonds provide a guaranteed return after a certain holding period. In contrast, corporate bonds are riskier due to the market’s nature. Government bonds pay out dividends and are considered risk-free investments because the government would find ways to return your money.

Corporate bonds, however, fluctuate in value depending on the market trend. As a result, investors can divest themselves of the instruments once they lose money, or they could stick it out in hopes of the value rebounding. It’s a bit riskier, but if you manage to secure a good company bond, the potential for profits increases significantly.

Takeaway 

Several financial instruments are available for investors of different risk appetites. Investors need to work with experienced financial advisors to grow their money properly and legally.

Financing or renting a property is a common question for those who want to change their residence and are looking for alternatives for their next contract. There is no one option that is better than the other. The important thing is that you initially analyze your needs, in addition to evaluating the current financial planning. For example, there is a need to have an amount for the down payment.

In other words, for those who do not have any reservations or want only temporary housing, renting would be a more suitable option. But if you have doubts about the topic, don’t worry! We have prepared this material for you to clear your doubts on the subject. Good reading!

What are the Pros and Cons of Financing a property?

First, let’s understand the pros and cons of financing a property. Check out!

Pros:

Among the main differentials of financing a property, the possibility of personalization of space stands out. Although in renting, you also have this opportunity — as long as it is in accordance with the expected rental contract. In financing, however, you will change a structure that is yours. That way, you can change the colors, do works as a form of investment, etc., so that the house has the profile of the residents.

Speaking of investment, acquiring a property is a way to diversify your applications. Especially in more challenging periods that impact the economy, such as the current pandemic context, it is important to look for alternatives that bring security to your heritage.

In addition, when financing, the person can have more accurate planning since they know how much they will pay for each installment. If in any month, you wish to pay more than expected, the amount will be deducted from the total debt, which even contributes to the reduction of interest.

Cons:

However, there are some disadvantages that must be taken into account when financing a property. The first one is related to some costs involved in the condominium where you live. According to the tenancy law, structural expenses are borne by the owner. In this way, if you are going to carry out work in the space, the resident is not obliged to pay these costs. If you finance it, the responsibility becomes yours.

For people who have a more flexible job, this would be an obstacle in moving to another city. All right, there is the opportunity to rent your property. However, if this process does not occur within the deadline set by the resident, it can impact their finances, as there would be expenses for two properties in different cities.

What are the Pros and Cons of Renting a Property?

Now that you know the pros and cons of buying a financed property, we will explain the differentials and points of attention when renting.

Pros:

As we mentioned, to finance, it is necessary to have a down payment. Typically, financial institutions ask for 50% of the total value of the property. At the time of rental, there is no need to count any value at the beginning of the contract. For this reason, for those who do not have financial reserves, the best thing would be to rent until a good plan is made to acquire a house or apartment.

It should also be noted that renting offers the possibility for you to move quickly. Contracts normally provide for an initial term of 12 months. However, if you have a job opportunity in another city or need to move because of your professional situation, just pay the expected fine amount (if you haven’t completed the 12 months) and start looking for your new home.

In other words, it is a freedom that must be considered, especially at a time when most companies have opted for definitive remote work.

Cons:

However, the cons should also be considered when making your decision. Generally, people say that rent money is “thrown away”. After all, you pay monthly for something that doesn’t belong to you — it’s an amount that has no return. Another point that should be mentioned is the fact that the owner has the possibility of making annual adjustments according to the IGP-M (Pakistani inflation index).

We must also consider the fact that at any time, the owner can request the property back. Normally, after 12 months, he can request as long as he offers a deadline for the resident to leave the place. However, it is a headache that would not occur in a financed property.

What to Consider when Deciding between Renting and Financing?

We already know about the pros and cons of renting and financing a property. But what do you need to consider when choosing the ideal one for your family? First, analyze your current budget, understand the conditions of different types of financing and seek to know about the bureaucratic issues involved in this process.

For this reason, having the support of professionals, who understand the subject, will be a very important point for you to clear your doubts and know all the necessary documentation to carry out this type of negotiation.

In addition, these people understand the market, know which regions would be most appropriate for their needs (whether rent or financing), as well as have a portfolio of properties that meets different profiles, always taking into account the reality of the client.

They will also make all the necessary bridges between the client and the property owner, whichever option you choose. In this way, the negotiation is transparent, taking into account the interests of each of the parties.

In this content, you could understand the pros and cons of financing or renting a property, in addition to checking what should be taken into account when choosing one or the other. Regardless of the decision, count on good planning, study in detail what your needs are, in addition to research the different properties available so that the choice actually meets your expectations. In this context, you can consider properties offered by Lahore Smart city.

If you want to know about a complete list of properties and have personalized service, access Sky Marketing and learn about our services!

Starting a commercial real estate business is perhaps one of the most effective ways to earn a livelihood. This is especially true because real estate is a booming sector today as several people look forward to owning or renting properties. As a result, putting your money on commercial properties can promise you more revenue and profits.

If you’re looking into investing in commercial real estate, here are essential tips to help you sail through:

Organize Your Finances

Most real estate investment requires a significant amount of money. Therefore, before starting your journey, you need to organize your finances. You’ll require enough cash to buy equipment and building materials, hire service providers, employ workers, and take care of permits and other paperwork.

The best way to finance your venture could be to utilize your savings. However, if this option isn’t available or adequate, you can consider other real estate investment financing options. These include applying for bank loans, finding financial aid from family members and friends, looking for venture capital, etc. 

Work with a Mentor

Investing in commercial real estate can be complicated, especially for any newbie trying to penetrate the market. As a result, investors must continue learning to gain more knowledge and insights.

You’ll learn most about commercial real estate investments in due course. However, you can streamline or simplify the learning process by finding a mentor.

The right partner will help you make the right decision to grow your investment. For that reason, you’ll likely prevent getting into costly mistakes that can bring challenges to your investment venture. Strive to find an experienced mentor in the commercial real estate world so your efforts would be worthwhile.

Leverage the Power of Asset Protection 

Investing in commercial properties involves dealing with physical or tangible assets. However, your properties might be prone to some risks in some instances. 

For example, you must repay any loan you took from lending institutions to finance your project on time. Failure to do so puts your properties at risk. 

Lenders can also sell your properties to recover their money, so you need to develop an asset protection strategy to ensure you don’t lose your property to creditors.

Natural calamities like earthquakes and floods, and accidents like fire, could also affect your properties. You may lose all your investment in one quick blow when these happen. You can remain safe by leveraging the power of asset protection, though.

Start by implementing various strategies when developing your commercial real estate business asset protection. These include maintaining your corporate veil, using proper contracts, registering some of your properties under your spouse’s name, and subscribing to appropriate insurance covers.

Do Thorough Market Research 

Conducting market research is a must when investing in commercial real estate. It allows you to know customers’ preferences. Knowing this will help you put your money into suitable projects to earn desired revenues and profits. 

Doing comprehensive market research is essential to help you avoid putting all your money into commercial properties that won’t attract any customers. Market research lets you understand what’s in high demand, thus investing your finances appropriately.

You can consider doing the market research yourself. Yet sometimes, you may lack the right tools, skills, and time to complete the task. In such a scenario, you may find help from a market research expert.

Don’t Forget Marketing

As the real estate sector continues to boom, many entrepreneurs consider going in this direction. Hence, there’s high competition among investors with identical commercial real estate investments. Likewise, penetrating the market may prove challenging if you’re new in this industry. Yet all isn’t lost. You can still invest in marketing to compete with giant firms in the market.

Marketing involves connecting with potential clients through promotional or advertorial messages. It ensures customers become aware of your commercial real estate firm. However, you must develop the correct marketing strategies tailored to your target audience.

You can implement various methods to spread the word about your commercial real estate company successfully. You can do it the traditional way through roadshows, flyers, billboards, or business cards, or you can utilize digital platforms like websites and social media platforms.

Work with Professionals

As a business owner, you’re probably a trained manager in your industry. This means that you know little about other professions. Hence, you may want different services to grow a successful commercial real estate firm, so you need to surround yourself with professionals.

You can seek help from various experts. These include commercial brokers, general contractors, accountants, real estate brokers, lawyers, etc. Strive to hire experienced and reliable partners to avoid problems along the way.

Takeaway 

Investing in commercial real estate can seem daunting at first, considering the stiff competition in the market. Yet with the strategies explained in this article, you can get started and win a significant market share in real estate investment. 

Many believe that centralized exchange platforms such as Binance have distorted the basic nature of cryptocurrencies, which consists in rejecting intermediaries when making transactions without compromising the security of users with their anonymity. DEX (decentralized exchange platforms) are moving towards this ideal.

For example, here are some notable decentralized platforms:

• Bitsquare
• Uniswap
• PancakeSwap
• 1inch

In a nutshell, the development of a decentralized financial sector and money markets is happening very quickly. In this regard, decentralized exchanges play a key role, since they facilitate public P2P trading without any restrictions, such as identity verification.

Decentralized Exchange (DEX) is an English term, and it is about providing a decentralized service, not about developing a centralized crypto exchange service (CEX).

The main difference between DEX and CEX is that on a decentralized exchange, cryptocurrencies are managed directly by users through their own or specially designed crypto wallets. A decentralized exchange plays only a supporting role, creating a peer-to-peer trading platform and network where each participant is part of the trading exchange itself.

Ideally, there is no longer a third party with a central server. This means that a well-built decentralized exchange can no longer be stopped and has virtually no jurisdiction. Now cryptocurrencies can be freely and seamlessly exchanged between the two parties, like cash, without the need to involve a third party.

Protocols are being developed so that this happens painlessly and almost automatically. These include the inter-chain atomic exchange protocol, special protocols for developing a decentralized exchange and trading platform (LoopRing), as well as other protocols for implementing inter-blockchain communication.

The Bitcoin Lightning Network is also well suited for this, and two different DEX variants powered by Lightning are already being developed – Sparkswap and Boltz exchanges.

Problems of Creating Decentralized Exchanges

Obviously, this development will not happen by itself, and it is in full swing. Especially when it comes to implementing a decentralized trading platform, several problems will have to be solved.

A good decentralized crypto exchange should be able to integrate three key components into a user-friendly solution: order matching using algorithms, liquidity, and transaction processing using a protocol such as atomic swap. This will allow users to directly create requests for the conversion of cryptocurrencies (swap contracts) with each other, find a suitable option, and perform the transaction.

The introduction of atomic swap protocol technology is not enough to create a decentralized cryptocurrency exchange. Liquidity or fast financing for order processing is essential.

Why? If there is no counterparty for the desired order, the transaction will not take place. Trading will not start, there will be no liquidity on the exchange, which will lead to low prices. The exchange will stagnate and have an anti-network effect, forcing users to leave the exchange for a faster-centralized exchange with better prices.

If the new decentralized crypto exchange succeeds and creates a network effect with an increase in the number of users, improving spreads and prices, third parties will have to be involved to provide the necessary liquidity. This party is known as a liquidity provider (LP) and is a trading party that works as a market maker, providing the necessary cash flows, making prices much more profitable for users, while the market maker takes the spread between supply and demand as profit. Thus, a positive network effect is created inside the exchange, and more and more users will use it. Conventional cryptocurrency exchanges can act as market makers within a decentralized crypto exchange.

It is hoped that more and more major players, such as Kraken, will start creating their own decentralized branches or play the role of an exchange trader on a good decentralized exchange. In addition, protocols are being developed to increase the liquidity of decentralized exchanges. Specific examples are Loopring and Arwen.

Binance and Bitfinex are two crypto exchanges that plan to create a decentralized cryptocurrency exchange. Bitfinex will do this as an EOS block producer by investing in EOSfinex. It will be a new generation crypto exchange based on the EOSIO platform.

What makes DEX Attractive to use

There are a number of important disadvantages of using a cryptocurrency exchange or a crypto exchange:

1. When your crypto assets are on an exchange, you depend on technology, security, and third-party transactions. When you don’t have private keys, you don’t have access to your assets.
2. Creating a good service provider involves significant costs that must be reimbursed at the expense of users.
3. A poorly designed centralized cryptocurrency exchange can be hacked, looted by its owners, or shut down by the government.

Due to the complexity of operations and the risks associated with them, there are few good cryptocurrency exchanges. There is a certain centralization since large investors and traders want to work only on the best and largest exchanges, such as Binance.

Conclusion

Although it is much safer to trade on a decentralized exchange, the development of a scalable and fast decentralized crypto exchange with sufficient liquidity is a rather complex technological task. Fortunately, quite interesting projects have been started and progress has been made. Lightning DEX projects (such as Boltz) are very interesting to follow right now. These decentralized crypto exchanges use atomic swap and Lightning Network technology.

For the average user, the easiest way is to use a centralized cryptocurrency exchange. But simpler doesn’t always mean better. It is DEX that is the best solution, but you need to test, search and compare a lot to understand which decentralized cryptocurrency exchange suits you the most, and is the most reliable.

There is a widespread perception that taking out a loan to pay for something is always a worse option than paying for it upfront in cash. That is largely due to the belief that debt is a bad thing, and in many cases it really is.

However, there are times when it simply won’t be possible to pay all of the cost of a purchase right away and when it will be necessary to finance it. In some situations – when buying a home for example – it is by far the most common and sensible strategy.

Table of Contents

• When Financing will be the Best Option
• The Pros and Cons of Finance
• The Pros and Cons of Paying Cash

When Financing will be the Best Option

The term ‘financing’ just means a loan from a credit union or bank that you will pay back in installments with added interest. There are several different instances where taking out finance to purchase something will be a smarter choice.

One example of this is when you are buying a house. Not many have the sort of cash to be able to pay the cost of a house upfront, which is why most people take out mortgage financing to buy their first home.

Choosing to finance will also be a good idea when there is a loan available with very low rates of interest. This is often the case with car purchases, as the majority of these loans are repaid so they are low risk for lenders.

Financing the purchase will leave you with money that can potentially be invested. If you can earn higher sums from investing than the loan interest repayments, financing could actually help you make money – which is why so many rich people use it.

One thing that will hurt your chances of getting financing is a bad credit score. However, there are places that will offer lower loans for small items like car tires and regular repayments of these loans can be used to rebuild your credit rating.

The Pros and Cons of Finance

The single biggest plus point to using financing to pay for something is that it will leave you with money that can be invested. With the right investments, you can have enough to comfortably repay the loan debt and still end up with more than you started out with.

Secondly, finance lets people afford things that they otherwise would not be able to, such as property. Being able to pay sizeable costs over a longer period is often the only reason people are able to afford a home for their family.

The single biggest drawback of financing is that there is always the possibility that you will not be able to repay the loan. If your economic circumstances change – say, you lose your job – that can seriously impact your ability to pay it back.

In that situation, you would lose the home; car, or whatever other item was being paid for via a loan.

The Pros and Cons of Paying Cash

Paying for something in full using your own money means that there are no debts or interest payments to worry about. It also ensures that you own the thing outright so it cannot be repossessed.

Furthermore, although financing will leave you money to invest, there is no certainty that these investments will pay off. In that situation, you could lose your money and be faced with repaying the cost of a loan.

It is at times when you have a very strong investment opportunity that choosing cash payments will be a drawback. They could rob you of the chance to significantly increase your cash reserves.

Financing can be a fantastic opportunity and can help you earn money, but you must be sure you can afford to pay back any loans you take out.

Unless you’ve been living on a deserted island, you’ve probably been affected by inflation. Whether it’s the cost of groceries or filling up your tank, you might be coming up short at the end of the month. The thing is, you’re not alone. Many are struggling with the ever-increasing cost of living. So, when it comes to finding ways to lower your cost of living, you need to be proactive, not to mention intuitive. If you’ve been looking for ways to cut corners, you’ve come to the right place. Here are six money-saving tips you might have overlooked.

Refinance Your Loans

Most financial gurus will tell you to consolidate your high-interest rate credit cards into one to save money. However, did you know you can also refinance your outstanding student loans too? High-interest students can drain your bank account without even making a dent in the principal. But when you refinance, you can usually save by cutting years off your education debt payments, while paying less interest over time.

Cut Your Own Hair

You love the look of a custom cut but the price leaves something to be desired. You can easily save tons of cash each year simply by learning how to cut your own hair. There are plenty of free how-to videos online that can teach you how to trim your bangs, snip off dead ends, and even now use an electric buzzer. Just be sure you feel confident in cutting your own hair before you give it a go. At the very least, you can learn how to ward off split ends in between trips to the salon.

DIY Your Mani-Pedi

Similar to cutting your own hair, giving yourself a manicure or pedicure saves money as well. Since these beauty treatments can cost upward of $50 or more each time, you can keep that money in the bank and do it yourself. You can find all the same must-have tools and polishes at your local drug store to help you get started.

Barter With Your Buddies

Long ago, people bartered for what they needed. They didn’t need to rely on wads of cash to get them through. If you have a group of close friends, you can start a bartering group to save money. You could babysit in exchange for a manicure. Alternatively, you could cut your friend’s lawn in exchange for a car wash. It’s a win-win situation for everyone.

Learn How to Sew

How many times have you replaced an item simply because you didn’t know how to sew? Mending a pair of ripped jeans or a hole in a sweater really takes no time at all, and it can save you big bucks. There are plenty of free videos online that teach everything from threading a needle to becoming a master tailor. Eventually, this might become a profitable hobby too if you choose. There are so many online sides hustles these days, you could use your sewing skills to create a product and sell it online via platforms like Etsy or Shopify.

Research Free Entertainment

Just one night out can cost hundreds, especially if you include dinner and drinks. If you go out every weekend, it’s easy to spend thousands each year without even thinking about it. You can cut entertainment costs by researching free things in your community. From jazz festivals or art exhibits, there’s always something happening for free.

Online survey taking is a great option to earn a little extra money on the side. It may also be a perfect way to gather feedback for businesses and organizations.

However, not all online survey companies are created equal. Some are scams, others are illegitimate, and still, others are simply not worth your time. So how to know which online survey company is the best?

This article will provide an overview of the most reputable online survey company, Survey Junkie.

So, keep reading for more valuable information!

What is Survey Junkie?

Survey Junkie is a popular and trustworthy online survey company with over 20 million active members worldwide.

The company provides a platform for companies and organizations to collect feedback from consumers through online surveys. This data is then used to help organizations and businesses make informed decisions.

Survey Junkie is a legitimate company that has been accredited by the Better Business Bureau (BBB) with an A+ rating.

The company is also a member of the Council of American Survey Research Organizations (CASRO), which is the leading professional association for the survey research industry.

In terms of privacy, Survey Junkie is committed to protecting the privacy of its members. It has a strict privacy policy in place that outlines how personal information is collected and used.

How to Become a Member of Survey Junkie?

To start taking surveys and earning rewards with Survey Junkie, it is necessary to follow these simple steps:

1. Sign Up for an Account

The first step is to sign up for a free account on Survey Junkie. This can be done by providing an email address and creating a password.

2. Complete Profile Surveys

Once an account has been successfully created, the next step is to complete profile surveys. These surveys help Survey Junkie understand its members’ interests, demographics, and lifestyles to match them with appropriate surveys.

3. Start taking Surveys and earning Rewards

After completing profile surveys, members can start taking paid trusted surveys and earning rewards. Survey Junkie will notify members via email when a new survey is available that they may be qualified for.

4. Redeem Rewards

Once a member has accumulated enough points, she/he can redeem those points for cash via PayPal or e-gift cards from popular retailers such as Amazon, Walmart, and Target.

5 Tips to Earn the Most Money with Survey Junkie

There are some tips members can do to increase their chances of qualifying for and completing more surveys which in turn will lead to earning more money. Here are 5 of the most effective tips:

1. Complete Profile Surveys

As mentioned earlier, it is important to complete profile surveys, so Survey Junkie can match members with appropriate surveys. The more accurate the information provided in the profile surveys, the better matched a member will be with available surveys.

2. Check E-mail Regularly

Survey Junkie will send notifications to members via email when new surveys are available. Therefore, it is important to check email regularly so as not to miss any opportunities to take surveys and earn rewards.

3. Be Honest

When taking a survey, it is important, to be honest in order to get accurate results that can help businesses make informed decisions. In addition, members who provide honest and accurate responses are more likely to be invited to participate in future surveys.

4. Complete Surveys Quickly

It is also important to complete surveys as soon as possible after receiving the invitation. This is because the number of available spots for each survey is limited and goes on a first-come, first-serve basis.

5. Refer Friends

Survey Junkie also has a referral program that allows members to earn points by referring friends. For each friend that signs up with Survey Junkie and completes at least one survey, the member will earn a certain amount of points.

Sign up with Survey Junkie and Start Earning Rewards

Survey Junkie is a highly reputable online survey company that has been around for many years and is well-known for delivering high-quality surveys.

Survey Junkie has a large database of surveys and offers a wide variety of ways to earn rewards, which makes it a great choice for those looking to make some extra money.

Most importantly, Survey Junkie is a legitimate company that pays its members on time and has a good privacy policy in place to protect member information.