BIXTRIM PROJECT ((ICO 2018))-MULTI FUNCTIONAL CRYPTO EXCHANGE PLATFORM

dprince2281 (5)in #dprince2281 • 6 years ago

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INTRODUCTION:

Millions of new investors began trading cryptocurrencies. Of course, as with any investment vehicle, there are many different trading strategies, so it’s important to identify which one suits you best.

To be successful in the world of cryptocurrency trading you must know the market very well, but above all, you must know yourself. Perhaps this is even more important than knowing the market, and your future in the world of crypto may depend on this level of self-honesty.

In general, there are four types of cryptocurrency traders based on the time they take between the opening and the closing of an operation (between buying and selling or vice-versa). You can combine two or more strategies, but the important thing is to know how to distinguish them and the differences in each one. From shorter to longer times, the types of trading are:

Scalping:Scalping is a type of cryptocurrency trading which is based on buying and selling almost instantly. It is perfect for those looking for a fast trading style. The scalper does not take his eyes off the screen, seeing the variations in real time. These trades typically don’t last more than 5 minutes.
This type of trading requires a lot of leverage to obtain considerable profits, and it involves opening and closing many operations on the same day. The idea is to bet a lot of money to get very little profit but in a brief time.
The analysis of trends is not very important in this type of trading because short-term predictions are less accurate. If you are a scalper, you must know how to make quick decisions. You cannot “get attached” with a coin, and you must be very strict with your limits of Take-Profit and Stop-Loss.

Day Trading:Day trading is a short-term trading strategy that consists of opening a few positions at the beginning of the day and closing them at the end. This way, there is a greater range of action and a quieter period of operation, controlling the risks of leaving a trade open for a few days and suffering a change of trends by an unexpected event. i.e., if you live in the United States and leave a position open, bad news from Asian governments may cause a fall while you sleep. In the same way, some good news may generate an increase, but at the end of the day, what matters to the Day Trader is having control over the information.
The most common candles daytraders operate with are candles from 15 to 30 minutes. Sometimes they observe 4-hour behaviors to see if their trading is part of a trend.
They use indicators and technical analysis. The most recommended ones are the MACD and the RSI.

Swing Trading:This is the most common type of trading in the cryptomarket. Generally, because of the significant volatility of altcoins, traders buy a currency and then change it to USD, BTC or ETH only to buy another altcoin and thus maintain their wave of profit (most altcoins are quoted mainly against Bitcoin).
Swing trading cryptocurrencies consists of opening trade and leaving it for a reasonable period of time, from hours to several days. They generally use candles from 12 hours onwards with other essential indicators. One that is not usually missing is the volume of the market. The use of technical analysis is of great importance.
The most common indicators are the MACD, RSI, Stochastics, however many prefer to use other signs that provide a more general view of market behavior: Fibonacci Regressions, Gann forks, Bollinger, EMAs, etc.

Position Trading:Position trading is a trading strategy that is more “investment” than “trading.” It consists of opening positions and leaving them for several weeks to years. It requires extensive knowledge of aspects beyond the technical ones. Long-term investors are willing to take a significant amount of risk in favor of the possibility of making a considerable amount of profit.
An in-depth study is necessary to know the reliability of each move that is made, for this reason beyond the technical analysis, traders must continuously apply fundamental analysis studies.
The most common candles studied go from 1 day to 1 month depending on how willing investors are to maintain their position.
But above all, as serious as the trading world may be, make sure you enjoy your trip.

In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called: BIXTRIM

WHAT IS BIXTRIM?

Bitrix is a multifunctional blockchain-based platform with cryptomarket features, products and services.

Their advanced global platform will look to accommodate the advent crypto market fans who are looking to use the innovation to their advantage. To enable this, BIXTRIM will use their native cryptocurrency to allow anyone to participate by becoming a BMX token holder.

ABOUT BIXTRIM

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Bixtrim will be a financial platform based on blockchain technology with the needed services and products in the digital currency market. This will be integrated with different financial institutions to meet the requirement for financial services all around the world. And the platform will be functional with the use of the BMX token. This is a blockchain based token that will be used for all the transactions on the platform.

We really believe in future, where cryptocurrencies are essential part of our lives. Everyone should be able to use them, that’s is why we would like to offer you unique products and services. Analyzing the market`s specificity, tendencies, commodities and services propositions, Bixtrim team noticed several common problems connected with the cryptocurrency operations that Bixtrim is ready to correct.

Problem - slow cash withdrawal from the cryptocurrency
Bixtrim solution - using the accounts from the different banks in order to maximally use money transfer modern methods for fast transfer. Through our accounting network we will find the fastest way to your bank account.

Problem - potential profit loss for the tokens owners
Bixtrim solution - crypto pawn shop will be developed, where coin owners can pawn them for a period of time and get them back after paying off the fees. This service allows customers to keep coins, as sell as get the needed cash for a short-term and profit in a long term.

Problem - absence of capability to make an exchange on the planned date
Bixtrim solution - we will develop futures contracts on a Bixtrim platform, that will support planned transactions dates. Every platform user will be able to use this function and easily trade/play. Every coins that are traded on the Bixtrim platform will support futures.

Problem - limited connection between crypto market and retail market
Bixtrim solution - we will release revolutionary plastic card that will be directly connected to the Bixtrim coin and other cryptocurrencies. This card will be available in the internet shops, ATMs, PoS terminals and will have high daily limit. The owners of the plastic cards will be able to make purchases or perform transactions anywhere and everywhere.

Problem - high taxation
Bixtrim solution - Bixtrim plastic card connected directly to the cryptocurrency will solve the problem. There is no need to make any exchanges or transaction, cash is not used and shouldn`t be declared as an income. Bixtrim card will help to get rid of the additional taxes and perform transactions/payments in coins using this card.

WHY BIXTRIM?

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Absolutely functional platform:
We started the project in 2017 and created a better concept for our future platform. We strive to the better every day in order to make our platform the strongest and the most comfortable for our users.

Thinking oriented on the problems solution:
The faster crypto world develops, the more new tasks and problems users meet. With a big experience in the work of crypto trading, our team united for reaching solutions for every given task.

Strong team of professionals:
Diversity - one of the main advantages of our team. Education, profession, experience, age, gender. All differences are directed to be the instruments for one common goal, on which we work together: to ease access to the digital economy on a regular basis.

BIXTRIM BENEFITS

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An existing platform- BITRIM prides itself of having launched their project 2017. The concept was the brainchild of experts and professionals from the community of blockchain and financial experts.
Get to join in on the blockchain industry- With cryptocurrency gaining popularity, there is plenty of applications to the financial sector. BIXTRIM is an example of a like-minded approach brings revolutionary ideas
A dynamic professional team- BIXTRIM brings a significant advantage regarding the diversity of their development team. The BIXTRIM team comprises of mixed professionals of different ages, experience, and gender.

BIXTRIM VISION

The vision of Bixtrim is to allow the global acceptance of digital currency globally despite the currency problem it’s facing. This will be resolved through the blockchain technology used by the platform.

BIXTRIM MISSION

The mission of the platform is to allow everyone to have access to the digital currency as opposed to what we have in the current digital currency market.

BIXTRIM TEAM BOARD

The Bixtrim team has an innovative vision of a future with simplified usage of crypto in every day life and we want our customers to be a part of it. The popularity and quick success of cryptocurrencies has made it crucial for infrastructure and functionality to keep up. That is exactly why we found so many obstacles and issues that needed to be solved. Our team of like-minded people rallied in order to make these revolutionary ideas a reality. Bixtrim is an innovational exchange platform based in Tbilisi, Georgia, ranked second in the world for cryptocurrency mining.

BIXTRIM ADVISORS BOARD

BIXTRIM ROADMAP

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BIXTRIM PARTNER

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BIXTRIM ICO ANALYSIS

The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the BIXTRIM PLATFORM

The BIXTRIM ICO is a slightly familiar concept that is gaining traction in the blockchain industry. While the idea might seem appealing, an obvious hurdle is getting the micro-finance institutions or banks to work with cryptocurrency. Overall, the legal barrier does present a challenge for BIXTRIM, and it is hard to see if the platform can achieve what it intends to do.

Start- 1st June 2018
End- 31st August 2018
Total emission volume is 72 000 000 tokens, which are divided into several parts:
7 800 000 tokens will be sold in discount packages, including.
The first week of Sales 1 300 000 (60% discount)
The second week of Sales 2 600 000 (40% discount)
The third week of Sales 3 900 000 (20% discount)
Regular sales process begins from the fourth week
45 800 000 tokens will be sold at an original price.
6 500 000 tokens for referral bonuses and lottery drawing.
11 900 000 tokens stay in possession of co-founders, partners and advisors.

Regular sales- 63.6%
Referral bonuses- 9.1%
Team- 16.5%

BIXTRIM TOKEN ANALYSIS

The Bixtrim platform will be functional with the use of BXM token. This is a blockchain based type of token used for all the transactions on the platform. The users of the BM token on the platform will enjoy different discounts. And the BXM token can be exchanged to different digital currencies globally.