Crypto Trading Bots – Next Step to an Epic Future

By traveling at an untraceable speed, the face of technology has witnessed several transformations over time. As everything around us has flipped over into the screens, there is no more turning back into the age of physicality. Gone is the era of tangibility and undeniably that phase did have a fair share of advantages, many of which cannot be easily replaced by technology. But the future lies in those screens, and in this decade as even the concept of money has taken the digital form, equipping yourself with the right devices and technology is imperative. As cryptocurrency started becoming prevalent, various innovations took birth to tweak the digital currency into the most efficient form.

Automated Trading

The roots of crypto trading robots extend to the concept of automated trading. The US has adopted this method of trading and has successfully gained profits out of it. This technology has already proven to be beneficial and is now a widely accepted one. Many of its potentials are still being discovered. Automated trading helps users to create a book of accounts where details regarding the trade are recorded, which can be later employed by a computer to run the system for specific functions of trading. It stands as a good option for those users who lack time to analyze the working of their accounts and market trends.

StrategyDriven Editorial Perspective Article | Crypto Trading Bots - Next Step to an Epic Future

Cryptocurrency Trading Bots

One of the major driving forces behind the invention of trading bots was the volatile nature of cryptocurrencies. The function of such bots is wholly based on the nature of digital money, which is unpredictable to a large extent. Controlling the accounts all through the day would be an impossible task; the trading bots came as an antidote to this issue. Since humans cannot control the volatility of cryptocurrency, untimely dips and surges are equally probable. When users are in a state where they are unable to control their trade, the bots are assigned to do the job. Apart from the task of running errands for the users, the bots also make the trades more efficient and profitable. The system that operates the bots can receive relevant data and make the best results out of it, by improving on the skills of human traders. The benefits of using bots have attracted more users to the idea of equipping themselves with this technology to enhance their trade. As the demand for trading bots hiked, so did its production. With several bots in the market now, users might fall into a dilemma over selecting the best one. Many of them offer free service whereas some have to be bought at prices fixed by the developers. You can now relax, as Immediate Edge Bot is here to help you manage your crypto trading account and take more than half the burden off your shoulders.

Working of trading bots

You gaze on the screens as you read this; this activity demands your presence. In the case of trading, that place of yours is being replaced by the robots. These bots function efficiently in making decisions for the trader while they are not available or also when a complex issue arises. The bots will work based on the programmed criteria to generate an appropriate reaction to the problem encountered (price drops). The two significant drawbacks of the traditional crypto bots are the high cost and low accessibility, which can be reduced to a considerable extent by providing direct access through cryptocurrency exchanges.

StrategyDriven Editorial Perspective Article | Crypto Trading Bots - Next Step to an Epic Future

Things to consider before choosing a particular trading bot

  • The reliability of the company should be of prime concern. Since the purchase is made online, the issue with the genuineness of the product could arise, so pay extra attention to this factor.
  • Companies with murky content clouding their reputation are best removed off your list. It would help if you always looked for the transparency in the details on the company’s website.
  • Since technology has developed towards an age where online frauds and hacks are prevalent, the security factor of the bot that you are planning to buy should also be checked properly.

Conclusion

As the world is moving into the era of AI, everything around us is bound to change and take the intangible form. Various iterations to cryptocurrency trading platforms have frequently been entering the market for a few years now, and the bot technology has been the most widely accepted one among these. With numerous companies offering bot trading services, it would be quite strenuous to pick the best one out of it. Before clicking on that option of yours, make sure it provides the best service and that the bot trading platform is reliable.

 

7 Interesting Reasons to Invest In Platinum Today

StrategyDriven Editorial Perspective Article | 7 Interesting Reasons to Invest In Platinum Today

As soon as you start earning a steady income, people ask you to invest. Whether it’s in vintage cars, stocks, a business or even a house, investment is a huge part of a stable financial plan. Putting aside your money each year or month not only helps you save up for emergencies faster but also gives you a lot of profit on your earnings.

The investment market dealing with precious metals has barely made the cut in terms of popularity among people, and it’s not something many people tap into, if they do hear about it, it’s mostly for either gold, silver or palladium.

There’s a reason that highest-paid memberships in any category offer a ‘platinum card’ or make you their ‘platinum member’. The term ‘high value’ is greatly synonymous with platinum, and that automatically translates to better quality and reliable investment. Because of platinum’s unique characteristics and the growing demand in the global market due to its versatility, it makes sense that this should be a solid investment. But if you need some more convincing, here are seven reasons why you should consider investing in platinum today;

Solid Properties

Platinum is a soft white metal with a very beautiful sheen. Not only is it ductile but malleable too, which means that it can be industrially processed to make wires or sheets to be used in many things. The metal is pretty resistant to corrosion or rust where even the best give up. The biggest use of platinum is as a catalyst or controller in motor vehicles, jewelry or most importantly, in dental work where it can be yielded to make cast partial dentures etc.

Growth in Industrial Demand

One of the rarest precious metals in the category today is platinum. Its production is around 10% of that of gold (merely 7 million ounces a year), and during the world war, the US government banned any ownership of platinum and termed it as a strategic element. While the supply is only 7 million ounces a year, the demand has grown from 2.6 million in the 1970s to 7 million today and is expected to go even higher in the coming years. As diesel vehicles take up quite some space in the global market, platinum’s demand is only going up to be used in catalytic converters.

Around more than 20% of consumer goods use platinum, while more uses are still being discovered. Majority of the industries like medical, glassworks and dies, dental applications, chemical processing and petroleum refining now use platinum as a catalytic controller or a major component. It is also readily used in transport applications to lessen global warming and exhaust waste to a much greater degree.

The beautiful sheen, ease in malleability and gorgeous luster also makes it a star of the jewelry industry.

Growth in Platinum Investment

Investment funds have bought platinum in significant amounts, and the numbers are only expected to increase. Private businesses with pension funds have increased their commodities investment, especially through Exchange-traded funding. One such example is that of a large Swiss-based pharmaceutical company that invested around $11.3 billion in platinum and other metals as well. The establishment of EFT is slowly growing, and with its increase, the mining companies dealing with the extraction of platinum say that there will soon be a considerable increase in platinum demand soon in the global market.

Limited Supply Sources

Most Platinum reserves and mines are concentrated around the areas of South Africa and Russia. More than half of the world’s platinum comes only from these countries. With such a limited and short supply and only finite resources for platinum, there is a huge amount of uncertainty that lies regarding its supply in the future which makes it even more precious to own now. Holding greater importance in the industrial and the military sector, the difficulty in mining and the lack of a number of resources makes platinum the most precious of the precious metals. In case of any disruptions in Russia or South America, the global market would be affected severely, and the prices will break records. This makes platinum a very smart and stable investment.

Price Performance in Recent Years

Platinum has proven to be one of the most top-performing assets over a period of a few years. In 1971 platinum was sold for $90 an ounce and by 1980 it was $1000 an ounce. The increase in platinum prices has been much more significant than the increase in prices of other precious metals. Platinum has almost sold premium to gold for much more than 25 years, and though there have been divergences in the over-all selling point, it is important to note that these falls were mere anomalies, but in the market, these anomalies do not change the fact that such investments are long term opportunities of the greatest kind.

Liquidity

Liquidity, in business, refers to the ability of an asset like stocks and bonds to be turned into cash with ease. The higher the liquidity, the easier it is for a certain asset to be turned into cash. In the global market, while gold has been termed more liquid than platinum, Platinum has had the advantage of playing it’s cards right and turning its less liquidity into its own favor which means that in an environment with rising platinum prices, it will take fewer buys to raise the prices further.

Current Volatility

While platinum’s less liquidity may play to its advantage, the opposite might be harmful too thus making it more volatile, but as history has been great at reminding us why platinum has done wonderfully in the past three decades, the current low price of platinum can be a huge plus point for the investors. They can very easily seize this opportunity before the market realizes that platinum’s decline as compared to gold in nonsensical on a number of levels.

Conclusion

In conclusion, it is safe to say that while the supply of platinum remains affixed with respect to rising industrial and investment demand, platinum is one of the safest investments out there.

Revealed: Who is meeting the official development assistance targets?

Foreign aid is one of those topics that always divides opinion but like it or not, most of the world has signed up to official development assistance targets.

What does this mean? It means that countries should be aiming to provide at least 0.70% of their GNI towards foreign aid.

Well, perhaps unsurprisingly, a new infographic from Wristband has shown that this isn’t necessarily the case. Instead, there are just five countries who have met such targets, with Nordic countries often taking the mantle. Sweden ranks at the top of the charge at 1.02%, while Norway is at 0.99% and Denmark is at 0.74%. Luxembourg and the United Kingdom were the two other nations above the recommended threshold at 1% and 0.70% respectively.

Of course, the main headline that will derive from this will be the countries that aren’t meeting these recommended targets. While the United States is by far and away the biggest donator, pledging over $34 billion, this only equates to 0.18% of their Gross National income. In fairness to Germany, who are the second biggest donator, they fall only slightly under the recommended target at 0.67%.

For those of you who want to delve into the data in more granular form, we will leave you with the infographic below. It reveals the countries which benefit the most, as well as just how much your own nation is giving to respective countries. It makes for interesting reading, and certainly provides a fresh insight into a topic that is somewhat polemic, should we say.

StrategyDriven Editorial Perspective Article | Revealed: Who is meeting the official development assistance targets? | Foreign Aid

Why Fee for Service in Healthcare is Dead

StrategyDriven Editorial Perspective Article |fee for service|Why Fee for Service in Healthcare is DeadThe healthcare industry is changing and changing fast. It’s become clear that the industry is no longer sustainable.

Healthcare costs have skyrocketed over the last several years. Businesses and employees alike struggle with rising premiums and emergency procedures. The stress is taking its toll on the nation.

The industry is in for several major shifts. One of those shifts will be in fee for service healthcare.
Read on to learn why this model for delivering healthcare will no longer work and what’s going to replace it.

What is Fee for Service Care?

Let’s start by defining what fee for service healthcare is. It’s the payment for services rendered. So, when a doctor or healthcare professional performs a service, they get paid for it.

Take a look at the most recent invoice from your doctor. You’ll probably see a number of line items for a 15-minute visit.

One line item might be for a test performed, another for taking your blood pressure, another for two aspirin that you were given at your visit.

The more procedures they do, the more they get paid. That’s the case no matter what the outcome is. Your health could improve, or it could deteriorate. The healthcare providers will still get paid because they performed the work.

That incentivizes healthcare professionals to perform more work whether the work is necessary or not. It doesn’t give them an incentive to improve your health, even though that’s what they’re there for.

An Alternative to Fee for Service Healthcare

Fee for service has long been the way that the healthcare industry worked. One of the unintended consequences of this model is waste.

Procedures cost more and they aren’t even necessary. This model has contributed to the high costs of healthcare. Of course, there are other factors as well, but this is definitely one of those factors.

What’s the alternative to the fee for service model? Healthcare policy experts are getting behind a value-based healthcare model.

The value based care definition says that providers should be paid based on the result. It’s like a pay for performance model.

In this model, the attention shifts to the patient’s needs, instead of creating dozens of line items for every minute thing.

The good news is that major insurers are starting to get behind the value-based care model. For example, Medicare and the Affordable Care Act legislation have championed this approach to paying for healthcare.

The Healthcare Industry is Changing

It’s become clear that the high costs of healthcare are taking its toll on everyday Americans. Policymakers and healthcare professionals are trying to find solutions to provide quality care and lower costs at the same time.

One big change that’s becoming more common is how healthcare providers are paid. There’s been a shift from a fee for service model to a value-based model. The fee for service model provides a payment incentive for the outcome of the patient’s health, not just the quantity of services provided.

Are you ready for more strategic insights? Check out this site often for more great content.

Amazing AI Facts That Could Change The World

StrategyDriven Editorial Perspective |AI|Amazing AI Facts That Could Change The WorldAI, or Artificial Intelligence is something we often associate with science fiction movies. The concept of AI is to create machines that learn and are able to work autonomously, to make our lives easier. It is a wonderful and unique technology that can transform our lives as well as business ideas.

Whether its using a gpu server for ai deployment, creating self-cleaning machines, or clever robots who are able to think for themselves… AI is amazing. And here are some amazing facts you should know that could change our world.

1. Electricity transformed our world. But Google CEO Sundar Pichai thinks that AI will have a bigger impact on the development of human life.

2. The demand for data scientists will be over 50% more than the supply, making it a VERY smart career path to follow.

3. PWC believes global GDP will rise by 14% by 2030 due to AI.

4. Big Data and Analytics will be a huge source for spending by 202o reaching a global soend of $203 billion.

5. Men are currently dominating the AI industry and 71% of new applicants in this field are male…. Come on ladies!

6. AI continues to be a growing source of startups and as technology evolves it will continue to grow.

7. 84% of enterprises believe in the competitive power of AI resources for their empire

8. By 2025, revenue from AI projects will be $31.2 billion!

9. AI will soon be used as a marketing tool and will be developed for a more personalised email marketing campaign, changing the landscape of marketing.

10. Since 2000 the investment in AI projects has increased by 6 times!

11. Venture capital for AI between 2013-2017 increased by 4.5%

12. China has earmarked artificial intelligence as a key factor in their success going forward… and as a result of this they will look to be one of the dominating countries in AI in 2020 onwards.

13. Gartner believes that AI is crucial for business, and they believe that AI should be one of the most important investment opportunities. Those who invest in AI soon will be incredibly happy in the next few years as the markets continue to grow.

14. Nautilus is a self learning super computer. It was one of the first of its kind and has been used for a number of amazing tasks. The most crucial task this computer performed was to locate Osama Bin Laden. Computer such as these could literally change the world for the better.

15. These are the most highly valued companies from the US and China:

  • ICBC
  • China Construction Bank
  • JPMorgan Chase
  • Berkshire Hathaway
  • Agricultural Bank of China
  • Bank of America
  • Wells Fargo
  • Apple
  • Bank of China
  • Ping An Insurance Group

16. VC investors are increasingly investing in machine learning and AI capabilities, making it a great career to choose.

17. Huawei are looking to develop AI chips that will reduce the need for China to rely on other countries for their technology needs.