Failure is the condiment that gives success its flavor.

Failure is the condiment that gives success its flavor. 

Never get stopped by failure. 

#MoneyTradeCoin #Newage #Cryptocurrency #MTCOIN

The first step in achieving your goal, is to take a moment to respect your goal. Know what it means to you to achieve it.

The first step in achieving your goal, is to take a moment to respect your goal. Know what it means to you to achieve it.

#MoneyTradeCoin #Newage #Cryptocurrency #MTCOIN

How much might popular currencies be worth in 2020?

How much might popular currencies be worth in 2020?

When people think of a cryptocurrency, the first thought that flits through their heads is “How much is it worth?”. More specifically they think “How much is it now worth?”. That’s a perfectly good question to ask, given how rapidly the price of cryptocurrency fluctuates.

For anyone who wishes to invest in digital currency, and for those who have already invested in it and are holding their eyes in anticipation of the profits, the prospect of great returns in a relatively short period of time is extremely attractive. To give you some sense of how much things can change over time, when bitcoins first price was recorded, it was worth about half a dollar. It has grown many thousand folds, now valued at $6000.

That’s all well and good. But can we actually predict what Bitcoins, Litecoins, Ethereum, Money Trade Coin and doge might be worth a few year’s from now, let’s say in 2020?

Yes, it’s possible to make a rough estimate. But to do that, we’ll have to look at what factors influence cryptocurrency fluctuation and the trends over the years.

We’ll take bitcoin for our examples, as it’s the most established cryptocurrency. Since it’s appearance in 2009, the trend of its value has doggedly been moving upward. 2013, in particular, was a landmark year for bitcoin because the world caught onto its possibilities and an unprecedented number of investors joined the cryptocurrency craze. The value of bitcoin then shot up even more.

But there’s one difference between the speculation in traditional investing and speculative investing in cryptocurrency. As banks print more and more money, the value of it decreases over time. With cryptocurrency, however, there are a finite number of coins that can be mined. This means an eventual cap will be hit, and in order for the system to function properly, each unit will over time become worth more and more i.e. each unit of the fixed number of cryptocurrency increases in value. Precisely the opposite of printed money.

So the aforementioned points give cryptocurrency some safety from devaluation. Now, what particular value might they be worth in 2020?

In 2015, it jumped from $215 to over $300. In 2016, it went to $800, fell down and jumped to over a $1000 at the start of the next year. Generally, bitcoin’s value sees fluctuation like this, making it difficult to predict what it might actually be worth. However, if the average 35% gain it has been working under continues, it's plausible that it could be valued at $10,000 in 2020.

But it could be a few thousand dollars lower or possibly even higher. Through the behavior of bitcoin investors and past growth, it seems likely that bitcoins will be worth many thousands of dollars, as well its fellow currencies Litecoin, Ethereum, Money Trade Coin and Doge. Though each of those has their characteristics that may make them succeed better. It’ll be Money Trade Coin’s responsibility to make sure you’re informed about it.

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Forbes Middle East has recently released article on Money Trade Coin a new age cryptocurrency

We are delighted to share that Forbes Middle East a leading business news web portal in UAE and the Middle East, has recently released the comprehensive article on Money Trade Coin a new age cryptocurrency. 

Source: https://goo.gl/RnbCXf
Courtesy: Forbes Middle East

The article provides a closer look at the idea of Money Trade Coin and explains its dynamic approach in cryptocurrency market. The journey of Money Trade Coin from its soft launch till so far is covered in the article with new age agenda of the company. 

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Discipline is the bridge between, Goals and accomplishments!

Discipline is the bridge between, Goals and accomplishments!

Always follow the rules of discipline.  

#MoneyTradeCoin #Newage #Cryptocurrency #MTCOIN

Go confidently in direction of your dream, Live the life you have imagined.

Go confidently in direction of your dream, 

Live the life you have imagined.

Decide! Perceive!  Achieve! 

#MoneyTradeCoin #Newage #Cryptocurrency #MTCOIN

How to Mine Cryptocurrency?

Today, we’re going to do something a little more practical. We’re going to mine for Bitcoins, Money Trade Coin, and other digital currency. This is where the real fun begins.

You’ll need a few basic facts before you can start mining, so let’s run through that first.

As we mentioned in our previous article, in order to mine for the cryptocurrency, you’ll need to devote computational power which goes towards calculating the value of the next block on the blockchain. At one point in time, you could do it with any standard computer. However, as time passes and more blocks are discovered, more computation power is required for the processing of additional blocks. That’s why most miners today use specialized hardware.

That doesn’t mean you can’t get away with using your own system. Technically, you can, but it’ll take a lot longer. You can also choose to mine cryptocurrencies that aren’t quite as popular as bitcoins, as they’ll mine quicker, at least until (if and when) they reach the value of bitcoins.

The Equipment You’ll Need

Most miners today run their mining set-ups on a network with a series of graphics/video cards. Why these particular cards? It’s because they have the most sophisticated computational ability. They are designed with heavy computational processing in mind. Unfortunately, traditional CPUs and the graphics cards that come with a run-of-the-mill laptop don’t have the processing power of these graphics cards.

Today in the mining world, you’ll need specific hardware called ASIC chips to mine for coins. These have hundreds of times the processing power of a typical laptop. The cost for these can range from a few hundred dollars for entry-level hardware to a few thousand dollars for a top of the line equipment. The good thing here is that you can quickly recover your investment after a few months to a year’s worth of mining, depending on your mining set-up.

Bitcoin Cloud Mining Services

Fortunately, you’ve got another option, if you’d rather not buy hardware. You could opt for cloud mining services, which will offer you the ability to mine over the cloud for a particular period at a particular performance rate. You won’t need the hardware, though you should exert some caution as you do not have control of the hardware itself. Pick a trustworthy vendor.

The Process of Mining

Once you have your hardware ready, you’ll have to download some free software to get started. If you’re technically inclined, you can try software that requires some basic programming skills. If you’d rather try something simpler with a GUI, you’ve got EasyMiner, which runs on Windows, Android, and Linux.

You’ll also need to set up a bitcoin wallet. This is where all of your earned bitcoins go. It’s sort of like a bank account. You’ll get your own unique address, which is how you are identified on the network. You should also take steps to keep it secure by using two-factor authentication.

You can choose to mine by yourself or join a pool of miners. The former will take a long time to mine coins, but by joining a group of other miners, you greatly reduce the time taken and split the collective earnings among the group.

This is the basic gist of how to mine. There’s plenty of detail in each of the decisions you make - the choice of hardware, cloud mining, the choice of bitcoins wallets and software. But you should now have a fundamental understanding of mining requirements. You’ll hear more about how to perfect each of these steps in upcoming posts at Money Trade Coin.

#MoneyTradeCoin #Newage #Cryptocurrency #MTCOIN