BITOZZ - Exchange for the future and get the benefits

supertar78 (8)in #ico • 6 years ago (edited)

Hello guys, how are you?
Have a nice day !!!

And I will introduce you a very interesting project. This project is unique and has blockchain technology. And look at the investment potential and everything will become clear to you. And let's see my explanation of this project.

PRELIMINARY

Nowadays when people say "Big Financial Revolution" they definitely refer to cryptocurrency, blockchain technology and Bitcoin. These concepts have shocked the world with cutting-edge approaches and many benefits. If you are unsure, you should know that the cryptocurrency market capital increases rapidly every second. Cryptocurrency is a digital or virtual currency that uses cryptography for security. Cryptocurrency lives online and is not controlled by any company or government. They also have a higher monetary value than traditional currencies. Bitcoin prices have doubled in a month and rose 180% since the beginning of 2017 due to increased demand for cryptocurrency worldwide.

Because of the growth of electronic money, more and more electronic money exchanges are carried out. There are currently more than 200 electronic money. Not surprisingly, more and more companies want to join a growing market and this potential to get maximum benefits while serving the needs of users of electronic money. However, they will not be able to stand out if they offer the same function or value, so users must look for other products if they really want to contribute to something valuable. for a long time.

In this article, we will look at the Bitozz Exchange and the problems they will face and how they will do it. Bitozz is a new electronic currency exchange, which in my opinion is clearly prominent on other electronic money platforms. Why To learn more, you must read this article to completion. Remember that I will only talk about two important issues and how Bitozz can handle this in this article, so you should read the official report if you want to learn more.

Flexibility and variety of e-money transactions

If you have been in the electronic money industry for a long time (a few months is enough), you might understand that most trading platforms offer the same trading function, what else needs to be highlighted. More or less, they follow binania, with their own exchange tokens, and so on. This feature will not attract new users, it will not create a new and loyal user base, because it is used many times.

If you want to create your own original token, use tokens to reduce transaction costs, etc. However, making a new loyal user base will fail if you don't offer anything else. You will be overshadowed by Binance or the big market. Therefore, most new electronic money exchanges tend to be unable to operate if they do not have new innovations for their customers.

In fact, there are many things that can be implemented in the exchange of electronic money today. One of them is the type of limit order that users can use when trading. Most exchange electronic money for at least three or two types of buy / sell orders, and this is a limit, market or stop order. This traditional order option exists because stock trading provides limited trading options and strategies for traders.

All three are not the best combination for trading strategies. The only strategy for traders is to sell or buy at market prices (not the best trading strategies), place orders at prices with the hope that the market will reach this price and place stop orders without reacting to market changes. This is still where you put it.

Other options available are margin / leverage. Of course, this can give users the opportunity to profit without paying attention to where the market is heading, however, margin trading is very risky, and sometimes greedy cuts you off. It is very difficult to keep your emotions and decisions in regular trading activities, and when you trade or leverage, you must have 1000% autonomy. In many cases, you only get a rec.

Because there is only one option for limited transactions for users, this will create difficulties in trading algorithms. You can't adjust the algorithm yourself if the API doesn't support this parameter, right? And this difficulty ultimately leads to other difficulties, you cannot adjust your own complicated trading strategy to compensate for losses. In short, forget about buying expensive transaction programs, there is no guarantee that you can use them, because exchanges do not support algorithms.

Luckily, Bitozz is here to help you. They have many trading options, and "lots", I really mean that. See page 14 in its official report, you will see options for their trading options. One of the best features I can find is the stop loss command. This works very simply, but this is a very powerful command that will help us make a profit or prevent restructuring.

The brake light sequence is basically set when the price increases, with the same stop as you specified before. For example, you buy BTC for $ 100, while losing a 5% stop loss. When the BTC price increases, your stop loss will remain 5%, but Bitozz will change the value according to the latest BTC price. As such, your stop-loss will not be the same as $ 95, just like you bought the first BTC, but will increase. So, you get profit.

There is still no information about the installation, for example, when it will be configured automatically and how we can configure it. Personally, I hope we can adapt. For example, if the price increases from 30% of our order, we will place a stop loss at 1% after the last order. If prices rise again after a 30% increase, we can set another stop loss. Thus, we will get a lot of profit, even if we only make one transaction. Yes, the rest will be done using the algorithm that we set. Bitozz actually supports algorithmic transactions, which is very good.

Bitozz will also support escrow / leverage (with additional functions and lower commissions, only one fee, not other costs). We can apply the same thing to the trading margin for stop loss later. This is a very attractive option for traders, because they can make a profit very easily. I personally use Bitozz when they start working.

Reduce online time and get profit

Limited choices for this trade can only mean one thing: traders must focus on almost 24 hours of their time to maximize results. You have to track price movements, analyze market sentiments, read news, etc. Every day. Even if you use transactional bots, there is still a risk that your algorithm is wrong, and you will get rekt.

What we have described above might be similar to day trading, and you might not like it. Of course, you can choose to exchange swings, but there is still a risk that you will lose important details or market news that is destroyed in just one hour. All of your trading strategies, in turn, are no longer valuable. What does this mean? This means that there is a risk of losing the opportunity to make a profit before the market is destroyed if you are not online 24/7. Damn, that sounds like a constant pain, isn't it?

So how do we solve this problem?

How can we make transactions more attractive (especially if you can't do 24/7 trading operations, most people can't do this!)? This can be done in several ways. First, you can hire a professional trader to trade your property. Second, you can choose a long-term holder or you can find a platform with other options that give you the opportunity to make a profit, maybe something like automatic stop adjusting or things. something like that? (We talked about this, right?)

The first option is only available for people with big money, because you have to pay for these people to make a profit. And today such people are hard to find, because they can work independently. For beginners or traders who often have other people, the best choice. Because long-term owners can provide crazy benefits, such as an increase in x1000, however, it also carries a big risk of losing something.

What about the third option? This can certainly be done. Almost every trader can use this option, no matter how much money they have. They need to set the algorithm, run the first transaction, and the rest will be executed by the system. Of course, you can also manage it when you have it.

The main advantage of using a platform where you can use automatic tuning commands (for example, stop-loss commands) is that you can reduce the time for calm and see the graph. You can do your free time to increase your knowledge, work in another company, so you work more efficiently and still receive good income. This is definitely the best choice for those who cannot go online every day. Luckily, Bitotsz is for you.

Team

Conclusion

The e-money market will be worth billions, maybe billions of years later. Part of this market is the exchange of electronic money. Without innovation in exchanging electronic money, slowly but surely, they will not be able to compete with the main trading platforms and other user bases. Bitozz is one of the new e-money exchanges that provides many innovations that will bring traders to a new level of trading experience. Let's see how Bitozz will achieve its goals. It's definitely worth waiting for.