LUCRE - Automated Crypto Trading System
Cryptocurrency is a form of digital money that is gaining more ground and acceptance in recent times, with Bitcoin and Ethereum as typical examples. As a cryptocurrency holder, how can you profit maximally, is it by holding it or by trading with it?
In the crypto world the term HODL refers to holding cryptocurrency and it is not the best way to for one to increase wealth. Trading is a better way to profit from crypto, so it is better not to HODL crypto. However which platform can be trusted for crypto trading considering the unstable nature of the crypto market.
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LUCRE
Lucre is creating a platform to outperform HODLing cryptocurrency performance. Lucre is an automated algorithm system that is based on the statistical analysis of data from half a decade ago for BTCUSD.
Automated trading allows specific rules established for the entry and exit of trades, which once they are programmed they can be executed automatically with a computer. The algorithm monitors the market to provide trading opportunities based on specifications. It is important to note that having a computer monitor the market for trading opportunities has several advantages.
Some of the advantages of LUCRE as an automated trading system are:
Ability to Backtest: Backtesting uses trading rules with historical data of the market to verify the viability of the idea. It determines the system’s expectancy which can be simply referred to as a calculated risk.
Preserve Discipline: It preserves discipline in volatile market conditions because the rules are established and trade is executed automatically.
Consistency is Achieved: Inconsistency is in the trade market is one of the biggest challenges in trading. If the rules of trading are ignored then what was expected would also be changed.
24/7 Market: The market is open 24 hours every day, one can say that it is humanly impossible to trade all the time to trade at every given signal.
Improved Order Entry Speed: The automated system responds to the changing market conditions and it is able to generate orders effectively meeting every criteria.
LUCRE TOKEN SALE
The Lucre Token Sale is ongoing and participation is encouraged. The Lucre token sale is a way to join the crypto trading algorithm. Funds from the token sales would be used for two purposes.
Complete the development of the Lucre trading algorithm.
40% of the token sale used to trade crypto and profit would be shared with the token sale participants. Long and short trading would be done in line with the market condition as detected by the algorithm. Participants who contribute at the initial phase would receive LCR tokens which would grant premium membership and limited access to the service.
Participants can earn money by selling the tokens earned.
SMART CONTRACT: Lucre uses Smart contract built on the Ethereum blockchain, this would provide trust, security and execute transactions timely and effectively. Also the smart contract guarantees high liquidity and transparency.
Token Info
Token Symbol = LCR
PreICO Price = 1 LCR = 0.77 USD
Price = 1 LCR = 1 USD
Bonus = Available
MVP/Prototype = Available
Platform = Ethereum
Accepting = ETH
Minimum investment = 0.1 ETH
Soft cap = 2,000,000 USD
Hard cap = 7,000,000 USD
Whitelist/KYC = KYC & Whitelist
Restricted areas = USA, Canada, Nevis
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Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2297078