Should You Consider Using Crypto Bots for Trading?

Crypto trading bots keep on evolving and improving. Almost every year, its functionality and sophistication is becoming more advanced, all thanks the new players that are penetrating the market. This is why finding out what is the best Bitcoin trading bot becomes quite a challenge for many.

But why these bots are so popular if you may ask? In essence, these bots are programs that are using indicators in recognizing trends and then, executing trades automatically. While the algorithmic trading software are used for various purposes like currency markets, commodity and equity, trading bots for private investors had made its first appearance in FOREX trading market. Since then, they’ve exploded in application and made way in crypto market.

What’s Yours?

Given the fact that these bots are extremely popular these days, it is easy to find tons of cryptocurrency trading bots that are now on offer.

They are ranging from software that anyone could use to premium subscription-based bots made for professional crypto traders. On the other hand, even the most trading bots are varying in terms of usability, quality and profitability.

So what are your options with regards to trading bots? Here’s a brief list of some of the most trusted bots by traders.

3Commas

This has built a name in the market by enabling traders execute automated trades on multiple cryptocurrencies including:

  • Bittrex
  • BitFinex
  • Binance
  • Bitstamp
  • KuCoin
  • Poloniex
  • GDAX
  • Cryptopia
  • Huobi and
  • YoBiT

3Commas are providing user-friendly navigation web-based dashboard allowing traders to see their trades on supported exchanges. The cost to use trading bot will range from 30 to 100 dollars which depend on the features that the user demands.

Auton.io

This is actually a new trading bot in the market that claims to be the first decentralized AI trading app made for cryptocurrency. Auton.io is providing a simple trading platform both for amateur and professional traders. It also combines various indicators in order to generate trade signals that the traders could then use to make trades automatically. Auton.io is a premium service that will cost traders 50 dollars a month.

Cryptohopper

If you are searching for cloud-based trading bot, then this is the one you need. Seasoned traders may take a manual approach and configure the trading as per the technical indicators they see fit. The bot is also offering backtesting, trade using different exchanges and trailing stop loss. Using the bot is free for the first month but it has a tiered subscription after that which cost anywhere from 19 to 99 dollars.

Sources of Financing For Your Business

There are moments in our lives (or in the life of business) where extra funds are needed to make both ends meet. Traditional loaning institutions such as banks are very strict that there’s a small chance of being approved especially if you lack the documents to prove your income.

When The Bank Turns You Down…

Banks and credit unions are usually the main sources of funding. This could be in the form of business loans, personal loans and other types of loans. This could also be in the form of an overdraft and lines of credit. Below are other sources to consider apart from banks and credit unions.

  • Before looking for funding sources outside, it would be nice to look for funding sources within your circle of family and friends. If a family member or a friend decides to lend you the funds you need, make sure that everything is placed in writing to avoid possible conflicts in the future.
  • Peer-to-peer loans are another source of funding. This is consistent with those who need the money and those who have the money to invest. Loaned funds must be paid with interest rates for a certain period of time. Interest rates can vary depending on the level of the risk of the borrower.
  • A factoring company or debtor financing is also another way to get funding. Factoring refers to the sale of invoices or bonds to a third-party financial company or, in this case, to a factoring company. In this way, a company can get the necessary cash without waiting for payment from customers. Customer payments are credited directly to the factoring company. Fees associated with this service vary by company. Before deciding on a factory company and entering into a contract, it is important to compare the costs involved.
  • Invoice financing is somehow similar to the factoring concept. The difference is that customer payments are paid directly to the business, not to the financer. In this case, the customer is not involved and does not know the agreement between the business owner and the finance firm.
  • Retailers and suppliers can provide some kind of store credit. Some retailers provide an in house credit line but other retailers can also pass a store card through a financial company. Despite this, the interest rates on store cards are high, but some retailers offer free interest periods that any business can take advantage of.
  • Pre-settlement loans. if you are a business and facing litigation due to personal injury, you have access to this type of loan. While this loan is not really a loan by its definition, it’s actually a cash advance from the court case settlement. This means funding is drawn against the expected amount you get from a pending case. This is also known as car accident loans, lawsuit loans, and litigation loans.

If the banks have turned you down, you have options to consider, you just have to know where to look. Talk to a financial advisor regarding your circumstance to provide you with alternatives that may suit your case.

 

Affiliate Marketing Technological Aspects

Since affiliate marketing is operated through website utilization with the help of internet connection, this industry entails various aspects of technology. Technology within the system or software apps are hardly needed to be able to run this business. Moreover, incorporating technology is also a way to build your business finance the right way. Below are some of the technological aspects that have great impact on affiliate marketing industry.

Affiliate Tracking

Commonly, this technological aspect is offered by committed solutions provider. However, an affiliate network provides this tracking system to large group of affiliate programs. There are even committed marketers who contribute, while some retailers are using their built-in solutions. Examples of it are the Amazon.com and Affiliate Institute where reviews are all good and even Deadline News mentions Affiliate Institute lately.

Affiliate cookies

Mostly, cookies are benevolent and harmless. It should not have sensible information. However, cookies are often blocked by most software like the privacy or the antivirus software.

Cookies generally monitor lots of transactions with affiliate marketing industry. Looking back, Amazon was the first affiliate program that used cookies.

Flash cookies

In order to avoid the blockage issues of cookies, the Flashed-based tracking (Adobe) was created. This tracking system utilizes the internal storage to carry out the same function to cookies. However, keep in mind that Flash cookies are more difficult to delete compared to the ordinary cookies. Moreover, the Flash cookies are prone to instill problems concerning the browsers. In case they are not capable of displaying the Flash, it simply means that they can destroy the process of the affiliate link.

HTTP e-tag

The implementation of e-tag is grouped via the tracking approach system. Initially, it was the cookies, then the Adobe Flash Cookies, and the e-tag. Basically, e-tag is a set of data recorded in the cache of the web browser. It is commonly used by most of the affiliate networks and tracking systems nowadays.

IP address

One way to determine you via the online system is through your IP address. There are instances that many locations or ISP partake on similar IP address utilizing different units. This simply means that it is not as safe as it is. However, as an alternative and helpful backup, this one can be beneficial. In the case of affiliate tracking, IP addresses do not act to allocate commissions. Instead, its purpose is to identify frauds and non-compliant behavior.

Residual tracking

This tracking mode permits affiliates to make commission over a long time period. Another way could be by producing constant relationship among client and their affiliate. The good thing about residual tracking is that it do not depend on cookies and any other tracking system.

Promotion specific tracking

Affiliate tracking using this mode is through offering of exclusive promotions and deals. But, these kind of promotions are applicable on just one partner. That’s why it is advisable to distribute every campaign activities to the affiliate partner. To do this, affiliate networks should be tracked.