Is Your Cryptocurrency Safe From Dusting Attack? – ALTCOIN MAGAZINE

Is Your Cryptocurrency Safe From Dusting Attack? – ALTCOIN MAGAZINE

ift.tt/2Z9ZIgN

Is Your Cryptocurrency Safe From Dusting Attack? – ALTCOIN MAGAZINE

Cryptocurrency is very secure only because of the new technology called blockchain. But the issue arising is its storage. Storing the crypto isn’t an easy task now as the new threat known as dusting attack has been detected.

The new type of attack came into the action these days by the hackers in which they transfer a small number of crypto to the investor’s wallet and fetch their private details. This stealing of personal information through the coins is known as Dusting Attack.

The smallest amount of crypto is never taken into consideration by the investors and even this dust (negligible amount of coin) isn’t tradable. So hackers started more dust attacking.

From the beginning, hackers start sending the dust in the wallet of the investors and through this, they can track the transaction details of the wallet using the tracking algorithms of the blockchain. Even these algorithms are enough capable to reveal the private information which leads to the identification of the wallet owner. Then through these details, they start blackmailing the owners to reveal themselves publicly.

Previously, the attackers used to send a smaller amount of cryptocurrencies in the wallet and it was limited to the bitcoin wallets only. But now, it is very common in almost every cryptocurrency whose blockchain is public. Now, the coins are being stored on the exchanges and third-party wallets. The risk to these wallets and exchanges is very high.

– Keep the private keys with you only

– Don’t use exchange or third party wallets as storage

– Don’t reveal anything on social media or even with your friends

– Use Ledger, Trezor, Opendime, Coldcard, offline methods for the transactions preferable is Coldcard.

– Core wallets can be used for storage.

– For transactions, use private browsers, different e-mail ids, and password which should neither be related to you nor to your commodities. It must be strong enough and can’t be linked anywhere else.

– Use only secure devices for e-mail usage and keep the keys very secure and also keep the backups at different places. Don’t use the used wallets for the backup.

– Do not use any public computer or someone else’s computer to access your wallets. Not even if you trust them.

Find the few trading platforms suggested by the experts and use them only.

This story was original published by PodMiners. It is a revolutionary concept that is based on blockchain technology, used for podcasting and broadcasting. The integration of technology helped to solve several issues.

Published at Tue, 20 Aug 2019 00:19:34 +0000

Bitcoin Pic Of The Moment
✅ Marco Verch is a Professional Photographer and Speaker from Cologne. 👆 This image can be used under Creative Commons 2.0. Please link to the original photo and the license.
By wuestenigel on 2018-10-27 14:24:44

The post Is Your Cryptocurrency Safe From Dusting Attack? – ALTCOIN MAGAZINE appeared first on The Bitcoin Street Journal: Breaking Bitcoin News, Bitcoin Business, Bitcoin Financial & Economic News, Bitcoin World News & Video..

Posted by thebitcoinstreetjournal on 2019-08-20 00:38:38

Tagged: , Crypto , Euro , bitcoin , coins , cryptocurrency , etf , exchange , money , office , trading

Is Your Cryptocurrency Safe From Dusting Attack? – ALTCOIN MAGAZINE

Is Your Cryptocurrency Safe From Dusting Attack? – ALTCOIN MAGAZINE

ift.tt/30jOjIr

Is Your Cryptocurrency Safe From Dusting Attack? – ALTCOIN MAGAZINE

Cryptocurrency is very secure only because of the new technology called blockchain. But the issue arising is its storage. Storing the crypto isn’t an easy task now as the new threat known as dusting attack has been detected.

The new type of attack came into the action these days by the hackers in which they transfer a small number of crypto to the investor’s wallet and fetch their private details. This stealing of personal information through the coins is known as Dusting Attack.

The smallest amount of crypto is never taken into consideration by the investors and even this dust (negligible amount of coin) isn’t tradable. So hackers started more dust attacking.

From the beginning, hackers start sending the dust in the wallet of the investors and through this, they can track the transaction details of the wallet using the tracking algorithms of the blockchain. Even these algorithms are enough capable to reveal the private information which leads to the identification of the wallet owner. Then through these details, they start blackmailing the owners to reveal themselves publicly.

Previously, the attackers used to send a smaller amount of cryptocurrencies in the wallet and it was limited to the bitcoin wallets only. But now, it is very common in almost every cryptocurrency whose blockchain is public. Now, the coins are being stored on the exchanges and third-party wallets. The risk to these wallets and exchanges is very high.

– Keep the private keys with you only

– Don’t use exchange or third party wallets as storage

– Don’t reveal anything on social media or even with your friends

– Use Ledger, Trezor, Opendime, Coldcard, offline methods for the transactions preferable is Coldcard.

– Core wallets can be used for storage.

– For transactions, use private browsers, different e-mail ids, and password which should neither be related to you nor to your commodities. It must be strong enough and can’t be linked anywhere else.

– Use only secure devices for e-mail usage and keep the keys very secure and also keep the backups at different places. Don’t use the used wallets for the backup.

– Do not use any public computer or someone else’s computer to access your wallets. Not even if you trust them.

Find the few trading platforms suggested by the experts and use them only.

This story was original published by PodMiners. It is a revolutionary concept that is based on blockchain technology, used for podcasting and broadcasting. The integration of technology helped to solve several issues.

Published at Tue, 20 Aug 2019 00:19:34 +0000

Bitcoin Pic Of The Moment
✅ Marco Verch is a Professional Photographer and Speaker from Cologne. 👆 This image can be used under Creative Commons 2.0. Please link to the original photo and the license.
By wuestenigel on 2018-10-27 14:24:44

The post Is Your Cryptocurrency Safe From Dusting Attack? – ALTCOIN MAGAZINE appeared first on The Bitcoin Street Journal: Breaking Bitcoin News, Bitcoin Business, Bitcoin Financial & Economic News, Bitcoin World News & Video..

Posted by thebitcoinstreetjournal on 2019-08-20 00:38:40

Tagged: , Crypto , Euro , bitcoin , coins , cryptocurrency , etf , exchange , money , office , trading

How To Learn Stocks And Shares – Understanding the Basics of Trading the Markets

How To Learn Stocks And Shares – Understanding the Basics of Trading the Markets

How To Learn Stocks And Shares

If you’ve ever wanted to learn about shares and how the stock market works, you’ve probably been overwhelmed with information. There is a load of information out there and it can be very confusing, especially if you are just starting to learn the markets. Trying to find a starting point can be very discouraging. So let’s have a look at a few basics to get you pointed in the right direction.

Do I need to trade every day?

The answer to this is no. A lot of people think that you have to spend a lot of time trading everyday but that’s not true at all. However, I do recommend that you’re not a passive investor. In other words, don’t buy a stock and hold on to it just for the sake of buying stock. To start off, look at making 3-6 good trades per year. I know that may surprise you but that’s all you need to do it you’re making smart trades. The other thing to remember here is to get out at the right time. Too many people are greedy and want to hold on to the stock longer in case it will go up higher. If it’s time to get out, then get out. It’s better to make a few percent profit then to be greedy and end up losing money. How To Learn Stocks And Shares

Do I have to be super educated to be successful?

This is a common misconception. A lot of people think you have to be great at math or have some finance degree but that’s just not true. If you want to learn about shares, all you need to do is learn a structured strategy, get good advice from a broker, and be smart. On the flip side to this, you do need to begin to educate yourself on the basics and grow from there. Only invest what you feel comfortable with to start off. You have to learn how to take emotion out of it so that you make strategic decisions and not emotional ones.

As a matter of fact, a lot of trading just comes down to common sense. Think about a company that sells snow skiing gear and you want to invest in their stock. When in the year do you think their stock might increase in value? Well, they are not selling much gear in the summer time which means their revenue is down and makes the company less attractive to invest in. However, their revenues will increase greatly during the winter time. So, all things being equal, it probably would be good to buy just before winter and sell towards the end of the winter. I know that may sound overly simplistic but investing can be as practical as that. How To Learn Stocks And Shares

Always dream of being Rich? Never able to make a Consistent Profit through trading?

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How to select MQL4 Live trading result for profitable automated Forex Trading

How to select MQL4 Live trading result for profitable automated Forex Trading

Return on Investment (ROI)

 

This is an old term used in many investment projects and it is used to determine how profitable the program is. Comparing to Stocks and unit trust performance which is between 10 to 20% annually, Forex trading gives higher ROI of 100 to 200% annually. This is due to the leverage of the currency and the 24 hours trading features which makes it easy to trade and small capital of 1:200 leverage required to trade and hold. This in the case of stocks, can be option warrant or contract for difference, but the holding power is still much less attractive then Forex.

 

Leverage

 

Some Forex broker accound provide 1:500 leverage, which means you only need $ 200 to hold on to a 100k full contract or $ 20 for mini lot 10K or $ 2 for micro lot trading (0.1 of mini lot or 0.01 of standard lot). You can execute 5 trades while still have the margin to carry on and earn potential $ 2000 profit with a 200 pips gain (1% to 2% currency value) compare to $ 50 for a 5% gain in stock and share assuming 10K capital used for both trading setup.

 

Duration of Live trading

 

In most case ROI is measured against monthly or annually. A good strategy Forex trading program will give 10% ROI monthly. Which equal to more then 100% anuually returns. But this is the average ROI, there may be months that is -10% and months that is +40%. Therefore, trading is almost looking at long term consistent profits, not short term gains. For live trading, at least 12 months of trading would gives a good ROI indicator of the program.

 

Profit Factor

 

This is important to any Forex trading program as it is a measure of its true abilities to trade and gain profit. Profit factor is measured by taking total profit winnings divide by total losses. Any number that is more then 1 will means that the program actually earn more then it lose. A good profit factor of 2 or 3 is desirable as it have to handle stop loss and bid-spread pip losses. This are 2 main problem for many Forex trading program and one of the most effective ways to counter it is to increase the profit factor. Anything less then 1.2 is consider no good.

 

Max Draw Down

 

Draw Down is common in Forex trading when the trades has not hit any stop loss. But comparing to Maximum Draw Down, it is the largest losses the account made include realized profit (loss) and unrealized profit (loss). Realized profit refer to trade that loss pips and are executed by the broker (Buy and then sell or Sell and then Buy). Unrealised profit is trade that is still holding on yet to let go. This is significant as it will affect your margin call calculation when you are running multiple trading programs. As a general rule is to have less then 15% or 20% draw down. You still have room to run another 2 more program to maximum your ROI while maintain your account margin.

 

 

Source: http://www.bestforexranking.com

I support green products and actively involved in recycling movement. Currently am blogging, affiliate marketing, selling holiday gifts online and trading Forex to earn extra income to support family on top of having a full-time job. Visit my website http://www.sngerge.com and share my ideas.

 

I am currently hosting a Forex review website at http://www.bestforexranking.com and also sharing Forex news, broker, trades and charting information. Last year, I started affiliate marketing and setup http://www.sngerge.com which features free tools and tips. My recent involvement is selling holiday gifts which provide world wide delivery at my personal blog http://leyangshop.blogspot.com

How to select MQL4 Expert Advisor for your Forex trading

How to select MQL4 Expert Advisor for your Forex trading

Expert Advisor are created from programming language and tested in MT4 strategy tester. The program language use is similar to C and uses a text editor for coding. The Strategy tester use historical data to test the program and out put the summary results at the end of the testing. User can choose the duration of the back testing period, the currency trading, the time period chart to use and the various algorithm testing model to use.

 

Back Testing Results that matters.

 

Many people with programming background can program any strategy into codes call Expert Advisor and let it trade for you automatically. Let’s look at some of the back testing results before putting it to run on live trading account.

 

Profit Factor

 

This is the first important results to look our for, which is the profit factor. This determine the total winnings divide by the total losses. Anything more then 1 yields profit in the long run. But due to market conditions and trading news outbreak, a profit factor of 2 is more desirable. Anything between 1.3 to 1.8 have to be reinforce with multiple strategy as backup to one another.

 

Max Draw Down

 

Draw down is the lowest loss at any point of time the account is trading. Maximum Draw down simply means the maximum lowest amount you have in your capital at any point of time (realized or unrealized profit trades). This is extremely critical to your setting configuration to avoid margin call out. General rule is good to have an EA that product less then 20% max drawn down. Anything 50% to 21% is dangerous and have to be properly set to avoid margin call. Nothing above 70% as it is too risky.

 

Expected payoff

 

This figure measures the gross profit, gross loss, the duration and the initial deposit. The highest this figure is the better and more profitable is your program. Anything that is more then 100 or 150 will yield profitable results.

 

Duration of testing

 

It is important to test the strategy for at least 12 months of historical data as it covers major news release and season changes for majority of the traders. Forex prices will change when fundament news like Non-farm payroll or unemployment rates are announced and the market will react according to forecast difference. During holidays break in United States and Europe and Japan will also affect the volume and forex prices will rise and fall aggressively. The EA have to be tested thru all these events for the year.

 

Max and Average Loss

 

Am not looking at winning trades but more on losing trades as this is important for margin call and setting it to run with other automated forex program. Avoid EA which have zero or have little losses, instead look at average loss that is no more then your winnings trade. It may have large losses but on the whole in the long run, averaging it will give small loses and gain your profitable income.

 

Last Words

 

There are other factor like short position, long position, consecutive loss, modeling quality, are equally importance but I put them secondary to Profit factor and Max Draw Down, which I focus mainly when select expert advisor to run my automated trading account.

 

Source: http://www.bestforexranking.com

I support green products and actively involved in recycling movement. Currently am blogging, affiliate marketing, selling holiday gifts online and trading Forex to earn extra income to support family on top of having a full-time job. Visit my website http://www.sngerge.com and share my ideas.

 

I am currently hosting a Forex review website at http://www.bestforexranking.com and also sharing Forex news, broker, trades and charting information. Last year, I started affiliate marketing and setup http://www.sngerge.com which features free tools and tips. My recent involvement is selling holiday gifts which provide world wide delivery at my personal blog http://leyangshop.blogspot.com

Find More Radical Transparency Articles

How to change profitable strategy into auto trading income

How to change profitable strategy into auto trading income

Winning Strategy

 

This is the most important portion in any Forex or Stock trading. You have to have winning strategy with rules and setup you follow every day in order to trade and earn profit from your trading. You may be using long or short term strategy on multiple currency and many different timeframe. In general, you need to have winning strategy.

Manual trade

 

Once you have a winning strategy, you have to try it out by manual trading. This portion of manual trading is more paper trading using paper money. Once you try a few trades, do review and refine your trading strategy and try again. Within weeks, you will have a refined trading strategy that works and gain profit for you.

 

Back ward testing

 

Next is back ward testing your strategy using historical data and chart. I would suggest at least back test up to 12 months of historical data to really fool proof your strategy. There are many Financial news through out the whole year which can affect the price of the currency and is important that your strategy can withstand those hugh trends and spike of price.

 

Code yourself

 

Once you have revise and refine your trading strategy by manual trading and backward testing, you are now ready to proceed to the next step is to automate your trading strategy. For programmer and self help trader, you may want to do the programming and code it yourself. You can use MT4 MQL to code it and there are many forum and blogs out there helping you to create your own Expert Advisor.

 

Hire a programmer

 

If you are not a hard-core programmer, you can always outsource the programming part to others. You can check out at elance.com or any other out-sourcing website where you can post your job and hire experience programmer in MT4 to handle your codes. This process will take a bit of time as you will need to run and check if the software is working according to your manual trading and backward testing.

 

Join a Forex Academy

 

The next alternative is to join a Forex School or Teaching Academy. Once you proof your strategy to them, they will help to automated your strategy and start offering to their students. In this way, you will ride on the school resources and gain passive income via rights or loyalties.

 

Post if out for partnership project.

 

This is the last suggestion and it does work wonders. MT4 programmer will know about it and help to program into software codes. They can help you run, test and debug the simulation results. You can work with them to develop other software with other strategy, a win-win situation.

 

Source: http://www.bestforexranking.com

I support green products and actively involved in recycling movement. Currently am blogging, affiliate marketing, selling holiday gifts online and trading Forex to earn extra income to support family on top of having a full-time job. Visit my website http://www.sngerge.com and share my ideas.

 

I am currently hosting a Forex review website at http://www.bestforexranking.com and also sharing Forex news, broker, trades and charting information. Last year, I started affiliate marketing and setup http://www.sngerge.com which features free tools and tips. My recent involvement is selling holiday gifts which provide world wide delivery at my personal blog http://leyangshop.blogspot.com

CFDs Trading In The Bearish Or Bullish Market

CFDs Trading In The Bearish Or Bullish Market

CFD trading generally is traded just as to stocks and shares, the broker will quote prices using the current assets’ underlying selling price. A Contract for Difference (Cfd) is a binding agreement to buy and sell (buyer and seller) the actual distinction between the decided cost of the product when the position is opened and the underlying asset price at the contract close time. This should also point out that this derivative is really a leveraged product with minimal margins as well as reduced brokerage fees than that of stock market trading.

Cfds are in fact an “Over the Counter” (OTC) derivative and offer the investor many added advantages. One such advantage is the fact that it offers an even more stable strategy as the investor has the capacity to open short positions in addition to long positions, this also enables them to close and then reopen their positions.

Short position or ‘short selling’ is when the trader feels the marketplace is going to decline (bearish market), they will then open their positions. To open a short position the trade will finance the cost from the cfd broker, after which will also in turn will close (sell) the position and purchase a the larger market price. The “Bear Market” – (typically termed bearish market) is the place the market shows a decline during a period of time.

Long position or ‘going long’ is when the trader speculates that the market is on the increase (bullish market), they’ll open their position and then close at a time once they expect it to be higher for any profit. The “Bull Market”- (typically termed bullish market) is the place the marketplace shows a rise over a period of time.

It is easier for that Cfds trader to create a profit in the bullish market; however, the trader may also be successful in the bearish market so long as they are going short. When the investor has been doing their research and has followed trends in addition to analyzed data and graphs, they should be able to speculate when the markets will rise and fall according to the historical data. Profit can be made if the investor has created a CFD trading strategy that is making use of both long and short sections of the market.

When cfd trading one should remember that risk management also needs to be added to their strategy, the utilization leverage can result in huge profits, but additionally can lead to a devastating lack of capital, over and above their initial investment.

In relation to Online CFDs , all aspects should be examined fully before you begin your journey. You may wish to find Swing Trading that will in a position to provide you with the services you need and answer all questions you may have.

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Forex live trading/ forex live news: the package of the success

Forex live trading/ forex live news: the package of the success

Being newbie to Forex, you will have to learn a lot. Even the most knowledgeable currency traders want to confess that this structure of online investment trading is difficult and needs some guts. Foreign exchange currency trading is a trillion dollar a day manifold marketplace.

The excellent thing about the forex mechanical conduit organization is that once you have it just the complex it makes money for you on autopilot. But with the forex autopilot forex funnel from formerly I have the whole thing in place I just march away and the automatic system does all the work for me.

Knows when to buy and sell at just the correct times it cannot obtain any superior than this. Forex Live trading is the fact that involves you is trading with the real-time quotes that are being presented. Instead of just being someone who invests in a currency and waits for several months or years to market it, you are trying for something temporary.

You are buying a currency at the current rate it is going for that Particular hoping to sell it within the very temporary in order to make a quick profit on your own. The mega-droid Forex has established a suitable response and assortment of these evaluations can be constructive in the internet Scrutinized.

If you have information regarding this Goggled influential forex live news robot you may have revealed the three imperative features that the developers are pointing out that software has completed this astounding story a accomplishment. All now programmed and afterward new currency trading software are being fashioned by the geniuses of the foreign exchange manufacturing.

Forex trading systems are altering the features of the Forex marketplace. Thanks to these extraordinary programs, trader’s ability of any proceeds from stage cans Forex live trading: specialized utilize can avail of their superior market scrutiny aptitude, while beginners can use them to acquire in on the ground floor. No Forex understanding is necessary: ​​the software does all the work for you.

One striking forex android is FAP Turbo A relatively recent discharge but previously a growing star. The market more often than not responds to definite news like new trade and political guidelines or proceedings of countries are frequently traded currencies.

News of financial circumstances as well as adversities has practically the same consequence on the live news forex marketplace. Predicting what direction currencies affected will go because of the news is not a trouble-free task extremely although once blueprint are noticed; currencies will respond confident to conduct convinced news, obtain things a little bit easier. The common rule is that proceedings that be inclined to deteriorate the economy of a country too Tend to weaken the currency.

Author is an experienced content writer write article on forex news & forex trading.

E-mini Trading Versus Forex Trading: A Shocking Lack Of Transparency

E-mini Trading Versus Forex Trading: A Shocking Lack Of Transparency
Forex trading has gained a large following in recent years as a popular day trading vehicle. It’s not unusual to observe a barrage of Forex firms touting their services on just about any financial news publication. As a longtime institutional stock trader and commodities trader I am often shocked at some of the outrageous claims and advertising techniques this industry utilizes. This type of advertising and verbiage is simply not allowed by the SEC or the CFTC. The Forex industry, on the other hand, is lightly regulated and offers no centralized exchanges like the securities industry in the United States and has virtually no regulation on advertising technique and claims.

From the onset I want to point out that the United States stock and futures exchanges have their share of hucksters and fraudulent activity. You need only peruse the current SEC and CFTC enforcement actions to get an idea of the amount of illegal activities that occur in our highly regulated exchange based trading structure.

On the other hand, the lightly regulated Forex industry has been in recent years the target of both the SEC and the CFTC, with good reason. Exchange traded securities provide potential traders with a high level of transparency and information in regards to the equity product or series they intend to trade. Variables like a leverage, registration of broker-dealers, and capital adequacy requirements are just a few necessary requirements that would go a long way toward establishing much-needed transparency in the Forex industry. Further, and from a personal standpoint, I believe a centralized exchange for Forex trading would be optimal for the industry.

By means of comparison, the futures industry and stock trading exchanges have rigid leverage, registration and capital adequacy requirements. In addition, e-mini trading is all conducted through well-regulated and orderly exchanges that feature reliable data feeds that provide real-time information on volume, trading entities, and pricing to all participants. This transparency in the futures industry is a sharp contrast to the murky Forex industry which is dominated by individual banking interests. Quite simply, there is a shocking lack of transparency in the Forex industry. In an orderly market, all participants ought to have access to accurate real-time information and standardized trading contracts.

Another concern of the SEC and CFTC is the leverage requirements in the Forex industry. The current United States industry standard for leverage and a Forex industry is 100:1. The most recent regulation proposes lowering the leverage standard to 10:1, which is a departure from the current leverage standard that is a quantum leap in scope. For a variety of reasons, Forex traders have been, by and large, fiercely critical of these regulations. Since the CFTC can only regulate firms in the United States, offshore firms would still be able to offer the absurdly high leverage requirements the Forex industry has enjoyed. The obvious result of this new regulation would be a mass migration of Forex traders from United States based firms to offshore firms that would not fall under the proposed US Forex reforms. There is, however, regulation under consideration that is very similar to offshore betting operations; in short, it is unlawful for US citizens to patronize offshore betting firms in order to circumvent current US law regarding betting. The proposed regulation for patronizing offshore Forex trading operations is very similar to the limitations of US citizens circumventing United States Forex regulation. In short, Forex traders based in the United States would be required to trade through domestic Forex trading operations.

In short, I don’t trade Forex because of the lack of transparency and a centralized exchange. In my opinion, there is simply too much potential for manipulation of bid/ask quotes, front running, and outright fraud. Currently the Forex industry leads security related scams by a wide margin, even though it is a small portion of the total day trading aggregate.

To summarize, the Forex industry has great potential to become a legitimate and profitable day trading option. In my opinion, the industry must institute strict regulation before its legitimacy can be truly realized. I think that in time all of the above addressed the problems will be rectified, but until there is true transparency in the Forex industry I believe I will abstain from participating. We have identified problems like over leverage, lack of registration, and the absence of a centralized exchange as problem areas in the Forex industry. Until these problems are addressed, I don’t think the Forex industry will reach its full potential.

Real Live Trading Doesn’t Lie. Spend several days in my trading room and see if you can benefit from a fresh and unique view on trading e-mini contracts. Sign up for your free trading experience by clicking here.