BlockShow challenge: How to make market bullish
BlockShow, an international blockchain conference, which will take place on Nov. 14-15 at Marina Bay Sands Expo in Singapore, says it changed its concept, moving from being a blockchain conference to become a Festival of Decentralized Technology. The event will include nine conferences: Investments & Startups, Development, Business, Gaming & DApps, Money, Trading, Regulations, Privacy & Security, and Marketing & PR.
The team notes that by expanding each topic to its conference, BlockShow strives to bring more innovative thought to the surface. With an expertly curated program for each topic, it will engender an atmosphere in which everyone in the audience is on the same page – spurring discussion and allowing for more rigorous exploration to take place.
Answering the important questions
The list of guests at BlockShow Festival 2019 includes Justin Sun, founder and CEO of Tron as well as CEO of BitTorrent; Richard Wang, a venture capitalist, partner at DFJDragon Fund/DraperDragon Fund; Mike Kayamori, co-founder and CEO of Quoine;
Cris Duy Tran, director of QRC Group, country head at Infinity Blockchain Ventures Malaysia; Charlie Shrem, business development advisor at Changelly, founding director at the Bitcoin Foundation; Ted Lin, chief growth officer at Binance; Xinxi Wang, co-founder and director of the Litecoin Foundation, as well as the founder and CEO of Coinut; and many others.
This year, the new format will allow top speakers to focus on each of the nine sectors and answer industry-trend questions – for instance, new, improved technologies that offer complete transparency and ensure legitimacy in everything from voting to tax regulation sounds like something that would be adopted immediately, so why is there such aversion to blockchain in public service? How do we work with legislators to push them toward blockchain adoption? And what new ways of fighting scams exist in the era of crypto-inclusivity, and can we accelerate adoption by showing that the sector is self-regulated and inhibits malicious actors?
More insights from BlockShow here
Catching the chances
Every year, BlockShow is hosting startup competitions, whose participants and winners – such as Bancor, a decentralized liquidity network; Status, a decentralized app startup; Shelf.Network, a decentralized auctioning platform; Electrify Asia, a retail electricity marketplace; and Humaniq, an Ethereum-based financial services app project – have raised more than $1 billion combined.
In 2019, in the framework of the new Festival of Decentralized Technologies, BlockShow says it will initiate a bullish boost for all startups. It will include the competition EXP20, which will have startups battle it out to impress investors, each standing the chance to win significant support – both financial and otherwise. The team notes that the participants of the Startup Boost Contest will have an opportunity to get meetings with private investors, a stage performance, as well as tickets and exhibition booths.
Addy Crezee, founder and CEO of BlockShow, said,
“With the altruistic approach, by supporting each other, we can boost the blockchain industry and turn it bullish.”
Moreover, the BlockShow Festival of Decentralized Technology will announce new conferences covering other specific aspects of the blockchain industry in the coming weeks.
Industry player Fumgo gives 5 tips on how to trade cryptocurrencies
Look, you could have bought one bitcoin in April for $4,000 and sold it today for $8,000.
It sounds like an easy way to earn money, right? The crypto trading, however, isn’t that simple. In fact, the always-changing price, high stakes, and online scams make it also dangerous for those who know little about it.
So when you take risks for rich rewards, make sure to follow these tips:
1. Use reputable exchanges
To trade cryptocurrencies, you go to exchanges, internet platforms that help buyers and sellers meet.
But high market demand brought in a number of phony exchanges. You must keep an eye out for them and make sure you use only reputable ones like Bittrex, Huobi Global, OKEx, HitBTC, or Binance.
There are also trading terminals like Fumgo. The terminals let you trade across multiple exchanges — including the ones mentioned above — from one interface. In fact, it’s even safer to use them, because they offer two-factor authentication when you log in, unlike exchangers.
2. Learn from professionals
Crypto trading is a job. You need to monitor the price movements and make decisions. This is hard to do without knowledge about the market.
Find real traders and learn from them. Some of them post videos on YouTube.com, others publish articles. It takes time, but it’s well worth it.
At this stage, beware of scammers who have never traded cryptocurrencies but promise to teach the craft. The internet is full of free tips, but these “experts” sell them as professional knowledge.
There’s a way to shortcut the learning curve: the Fumgo terminal has a feature that allows mirroring the traders. If you switch it on, it will make your account copy the actions of chosen professionals automatically. The system verifies them — only true pros allowed.
3. Practice with small sums of money
Seen enough and feel confident? Then it’s time to practice. But don’t rush, start with small investments.
The cryptocurrencies rates change unpredictably, so invest the amount of money that you wouldn’t regret losing. Practice as much as possible this way and when you manage to earn regularly, raise the stakes.
4. Stick with one strategy
Every trader has their own style. Copy one and stick with it for some time, see how it goes. If you change your strategy too frequently, you won’t be able to see the result.
Three tricks are universal, however: 1) make a limited amount of transactions per day to approach trading energized; 2) pay attention to Bitcoin, its price influences other currencies; 3) keep statistics on your transactions to understand what strategies work best.
For the latter, there’s a shortcut, too. The Fumgo terminal tracks your stats automatically and shows the history of all the transactions.
5. Trade different currencies
Bitcoin isn’t the only cryptocurrency worth attention.
The price for Monero, for example, has been changing constantly from $10 in 2017 to $100 today. At some point, it even cost $500. The same with Dash and Ethereum.
Pro traders usually devote only 5–30 percent of their capital to one cryptocurrency. Follow suit.
The easiest way to keep track of your cryptocurrencies is via terminals: in one interface, you can compare the rates of your cryptocurrencies across various exchanges and sell each where it’s most profitable. Terminals usually have subscription models: Fumgo, for example, costs $20 a month but offers a trial week and two free months for subscribers.