Whether it is more advisable to trade cryptocurrencies traditionally or use automatic boots depends on your individual trading style and preferences.

Traditional trading involves manually placing buy and sell orders, monitoring the market and making decisions based on your own analysis. This can be a challenging and time-consuming process, but it gives you the most control over your trading. It requires market research and analysis, keeping an eye out for news or events that positively or negatively affect the market.

Auto-start uses algorithms to automatically place buy and sell orders based on predetermined criteria. This can save you time and effort, but it also means you have less control over your trades.

Let's look at the pros and cons of each.

Traditional trading,

- More control over your operations

- Ability to take advantage of market opportunities that may not be detected by algorithms

- Potential for higher profits

 But has disadvantages

- Time and effort consuming

- Requires good market knowledge.

Automatic start-up

- Saves time and effort

- Can be used to trade in a variety of markets.

- Lower risk of loss

 Cons

* Less control over your trades

* May not be as profitable as traditional trading

* May be more difficult to find a reliable service

Ultimately, the best way to trade cryptocurrencies is the one that best suits your needs. If you are comfortable with the time commitment and risk involved in traditional trading, then it may be the best option for you. If you are looking for a more straightforward approach, then auto-starting may be a better option.

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To evaluate a blockchain project you should ask yourself the following questions:

- What is the vision of the project, what problem is it trying to solve and how does it plan to achieve its goals?

- Who is the team behind the project and who is funding it?

- Does it meet the necessary criteria to be successful?

- What technology is the project using?

- Is it innovative and scalable?

- What are the possible use cases for the project?

- How can it be used to improve people's lives?

- How active is the project community?

- Is there a lot of interest in the project, social networks are a good thermometer?

- What is the market capitalization of the project?

- Is it overvalued or undervalued?

- Are there risks associated with the project?

- If successful, can it be sustained over time?

It is important to do your own research and due diligence before investing in any blockchain project. There is a lot of risk involved in investing in new technologies, so it is important to understand the risks before investing.

In addition to the above there are additional considerations when evaluating a blockchain project:

- Read the project white paper. The white paper is a document that describes the project in detail. It should explain the vision, team, technology, use cases, and roadmap of the project.

- Discuss the project with others. There are many online forums and communities where you can discuss blockchain projects. This is a great way to get feedback from other investors and learn more about the project. Also on social networks you can see how the project is being considered.

- Stay updated on the progress of the project. The project team should regularly update the community on its progress. If you do not hear from the team for a long period of time, it may be a sign that the project is not going well or is on its way to being abandoned

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The new blockchain technologies have served for some people to take advantage and make a fortune using these new technologies, the wheel does not stop and maybe the next lucky one will be you. Let's take a look at some cases

- Erik Finman: The famous 12-year-old boy in 2011 when he read about Bitcoin in a magazine. He was intrigued by the idea of a digital currency that could be used to buy things online and decided to invest $1,000 in Bitcoin. At the time, Bitcoin was worth about $10 per coin. By 2017, Bitcoin's value had skyrocketed to more than $19,000 per coin, making Finman a millionaire.

- Benyamin Ahmed: Another 11-year-old London boy who became a millionaire by creating and selling NFTs. NFTs are digital assets that are stored on the blockchain and can be used to represent anything from art to music to game items. Ahmed created a collection of 3350 pixelated images called "Rare Whales" and sold each one for $2500. By the time he was 12 years old, Ahmed had earned over $1 million selling his NFTs.

Mike Winkelmann better known as Beeple was creating art for over 15 years and has a large following on social media. He started creating NFTs in 2020 and his work quickly gained popularity. In March 2021, his collage NFT Everydays: The First 5000 Days sold for $69 million at Christie's auction house. This made him one of the most successful NFT artists in the world. Beeple's work often explores themes of technology, politics and pop culture. He is known for his unique style, which combines photorealistic imagery with elements of surrealism and satire. His work has been critically praised for its originality and commentary on current events.Beeple is a pioneer in the field of NFT art and his work has helped legitimize the NFT market. He is an inspiration to other digital artists and is helping to change the way art is created, bought and sold.

- Tyler and Cameron Winklevoss: they are the twins who sued Mark Zuckerberg allegedly for stealing their idea for Facebook. In 2013, they invested $11 million in Bitcoin. By 2017, the value of their investment had grown to over $1 billion, making them billionaires.

- Barry Silbert: founder of Digital Currency Group, a venture capital firm that invests in Bitcoin and other cryptocurrencies. He has made a fortune investing in cryptocurrencies and is now one of the most influential people in the industry.

 

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Binance Margin trading, consists of trading leveraged with more capital than you have available, this capital is provided to you by the Binance platform in the form of a loan, so you can trade with more capital than you have available. The idea is to maximize profits. Invest your profits and quickly pay back the borrowed amount.

For example, if I have 100 BUSD I can buy BTC by investing 300 BUSD or if I choose more leverage, ten times more 3000 BUSD, but the available leverage depends on the selected pair,

Binance lends you with interest calculated by hours, the idea is that you can operate with more capital, get the most profit and as soon as possible return the borrowed capital, otherwise if you keep the loan will continue to charge interest, this is one of the first actions you should take to protect your assets, in the next section I will show you certain recommendations and guide you how to operate the trading margin.

 Continuing with the topic at hand, but first I must warn you that margin trading is a risky investment, if you are a beginner I recommend you to document yourself more, do traditional trading, learn and once ready do not hesitate to use margin trading to increase your profits,

Basically, the process for margin trading is as follows:

- Select which account to work with, cross or single margin.

- Make a transfer of the currency in which we will trade to the selected account, either cross-margin or single margin.

- Borrow the amount to trade with an amount greater than the available amount.

- Trade the trade

- Finally repay the borrowed amount

It is appropriate to clarify some concepts

Cross

When opening a trade, it takes into account the total amount of the margin portfolio, it will take the amount of all currencies held in the margin account as collateral to cover the risk of orders with settlement risk.

Isolated

This modality allows you to manage the risks according to the maximum amount that would be lost in case of liquidation, placing the margin for that open position, in isolated it will only take the amounts you have according to the pair used, plus the leverage. .

Other concepts you should be clear about

Long trading on margin

"Long is when you buy at a low price and then sell at a higher price. This way, you can profit when the price goes up.

Short trade with margin

"Short" is when you sell at a high price and then buy lower. This way, you can profit when the price goes down.

The PNL is an indicator that measures profit or loss, you must monitor, if it is geen you are in profit, red on the contrary.

Margin Level

The margin level is the relationship between a trader's funds and margin. The margin level shows the current risks, LTV indicates the risk of your trade. If the collateral currency loses value, LTV increases, indicating that my risk increases, if my collateral increases in value, it decreases the risk and allows it to decrease.

 LTV = Loan Amount / Collateral Amount x 100%.

 If your LTV is higher than the estimated margin, you must add more collateral or pay off the loan, if your LTV is higher than the liquidation LTV, your collateral will be liquidated to pay off your loan.

 Cross Margin Margin Level

Margin level of a cross margin account = total asset value of the cross margin account/(total liabilities + outstanding interest), where:

 Margin level of the isolated margin

Margin level of the isolated account = total value of assets in the isolated account/(total value of liabilities + unpaid interest).

Settlement fees

 You should avoid forced liquidations, because if this happens, you will have to pay liquidation fees, and the margin insurance fund will charge a percentage of the liquidation clearing fees.

Let's look at how margin trading works on Binance,

Earlier we mentioned how to enter the margin wallet, now let's get into margin trading.

 https://www.binance.com/es-LA/trade/BTC_USDT?theme=dark&type=cross

The first thing to do is to select the currency to put in guarantee and the currency to buy, that is to say the pair, in this case I will select the pair Btc/Usdt, generally I operate as the usdt currency which is the stable one, its value is always paired with the dollar, i.e.

1 usdt  es siempre igual a 1 dólar.

In Binance you have more than 1500 pairs to trade and about 370 cryptocurrencies.

Now we need to transfer to the cross margin account the amount of usdt I need to put as collateral.

I already have the cash loan. It is no longer the 30 dollars in usdt, but 90 dollars in usdt automatically since I am in cross margin and the leverage of 3x is assumed, what remains is to make the trade using the 90 dollars in busd to buy the corresponding fraction of BTC , if the market plays in my favor and is expected to rise the BTC to sell them and thus opens get a profit, then and very important select the payment option and thus the debit balance will remain at zero, if not every hour a percentage commission will be deducted.

In this example my intention was to buy BTC, but the market was not in my favor, by selecting pay I will be returning the amount borrowed,

It is a very easy and uncomplicated process, very similar to trading with isolated margin.

To finish this part I must mention something important as it is the margin cooling period, which is to temporarily suspend the margin process when conditions are not in your favor, it is a mechanism available in Binance to protect you.

How to select the cooling off period

The cooling off period is the temporary suspension of margin when conditions are not favorable. Loans will be suspended during the cooling off period.

I want to make it clear that I am not a financial advisor, the intention is to serve as a guide and make you aware of this important tool available on the Binance platform,

If you are a beginner user, I recommend you to stay away from this type of investments for the time being. Now if you are already familiar with cryptocurrency trading, you know and are clear about the risks, and you know the right time to invest, this tool will be very helpful to get good profits from the hand of Binance, invest with this tool and you will see your profits increase compared to traditional trading.

Trading with Binance, the leading exchange, is definitely the best option, both for security, ease of trading, liquidity of the exchange (the best in the market), another factor is the low commissions and very special just announced, New tiered interest rates, reduced for BTC, ETH, BUSD and USDT assets.

I find it very useful to use Binance margin trading for valid reasons:

1. I can increase my profits as I enter the market with larger positions by investing more than what is available, definitely leverage helps you with that.

2. It opens a very clear possibility to diversify my portfolio, since with a larger fund I can open more positions fragmenting the amount to invest and place more orders to be able to always cover the risks.

3.    As I mentioned, it allows a period of reflection.

4.     It has an insurance fund for users' accounts when they are unable to pay what is owed due to lack of funds or when their capital is less than 0.

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There are several reasons for countries to use cryptocurrencies, the most outstanding ones could be:

1. economic instability: many of these countries have high levels of economic instability, which makes people more interested in using cryptocurrencies as a hedge against inflation and other economic problems.

2. Government restrictions: some of these countries have strict regulations on traditional financial institutions, making it difficult for people to access traditional banking services. This has led people to turn to cryptocurrencies as an alternative way to store and transfer value.

3. Tech-savvy population: many of these countries have young, tech-savvy populations that are more open to adopting new technologies such as cryptocurrencies.

There are many countries with high adoption of cryptocurrencies, but some of the most notable include:

- Vietnam: Vietnam ranks No. 1 in terms of cryptocurrency adoption, according to a 2022 report by Chainalysis. The report found that Vietnam has a high level of cryptocurrency usage, with more than 21% of the population owning or using cryptocurrencies.

- Philippines: The Philippines ranks second in terms of cryptocurrency adoption, according to the same report. The report found that more than 16% of the population in the Philippines owns or uses cryptocurrencies.

- India: India ranks third in terms of cryptocurrency adoption, according to the same report. The report found that more than 13% of the population in India owns or uses cryptocurrencies.

- Nigeria: Nigeria ranks No. 4 in terms of cryptocurrency adoption, according to the same report. The report found that more than 12% of the population in Nigeria owns or uses cryptocurrencies.

- Pakistan: Pakistan ranks No. 5 in terms of cryptocurrency adoption, according to the same report. The report found that more than 11% of the population in Pakistan owns or uses cryptocurrencies.

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Artificial intelligence (AI) and blockchain are two of the most one of today's most high-profile technological advances. AI has the potential to automate tasks, make predictions and improve decision making. Blockchain can provide a secure and transparent way to store and share data. That's why the combination is ideal.

The combination of AI and blockchain has the potential to create new and innovative solutions to a wide range of problems. For example, AI can be used to analyze blockchain data to identify patterns and trends that would be difficult to see with the naked eye. This information can be used to make better decisions about investments, fraud detection and supply chain management.

Here are some of the potential benefits of combining AI and blockchain:

- Increased transparency: blockchain is a transparent way to store data. AI can be used to analyze blockchain data to provide insights into the behavior of individuals and organizations.

- Enhanced security: Blockchain is a secure and tamper-proof way to store data. AI can be used to analyze blockchain data to identify and prevent fraud and other security threats.

- Reduced costs: AI can automate tasks that would otherwise be performed by humans. This can lead to reduced costs for businesses and organizations.

- Improved efficiency: AI can help businesses and organizations operate more efficiently. For example, AI can be used to automate tasks such as customer service and fraud detection.

The combination of AI and blockchain is still in its early stages, but it has the potential to revolutionize many industries. As these technologies continue to develop, we can expect to see even more innovative and revolutionary applications.

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Introduction

I am from the IT area and in my journey through the exciting world of Blockchain and in the particular case of cryptocurrencies, I have interacted in several facets

- Studying about them

- Writing contents

- Teaching some courses

- Making investments

- Researching

 In this opportunity 4 students of the sociology area asked me for support for a study they are developing on the subject of cryptocurrencies, I take the opportunity to develop this first content with interesting data that emerge from this study.

The research and data collected by the students were from the field by means of a direct survey to a sample of people from the community.

The information requested from the people, all of them belonging to my community

o Age

o Gender

o Occupation

o Monthly income

o Nationality

A second research is planned with data taken using social networks to cover other demographic areas.

 The direct questions to the respondents were.

- Knowledge and experience with cryptocurrencies:

- Time interacting with cryptocurrencies.

- Have you made investments and for what purpose

- What is the primary use of cryptocurrencies?

- Are the investments long term or just exchange,

- Do you consider cryptocurrencies a good long-term investment?

- Do you know the risks associated with investing in cryptos?

- What fear would make you sell all your cryptocurrency investments?

- What is your perspective on the future of cryptos?

- What is your investment portfolio, cryptocurrencies of your preference?

- Would you like crypto to become legal tender?

- What do you think about the environmental impact of cryptocurrency mining?

- If you do not accept cryptocurrencies, please indicate the reason why

- Do you feel safe trading cryptocurrencies?

- Are you afraid of being swindled?

- Do you consider the regulation of cryptocurrencies to be important?

 From the results of the previous survey a detailed study will be elaborated, however I will be sharing the partial results as we have them at hand, it is an extensive work and it will take time to be fully analyzed.

That is why we presented the first evaluation to be considered and the results were as follows

- Knowledge and experience in cryptocurrencies:

- What is the primary use of cryptocurrencies,

Investment

Exchange

Means of payment

Receiving remittances

In this first installment we evaluated the people who use cryptocurrencies, what they use them for, their nationality, gender and profession or occupation.

When asked about whether they know and use cryptocurrencies by age range,

the results were as follows

What cryptocurrencies are used for

On the profession or occupation of persons using cryptos

Gender of crypto users

Finally, the nationality of those who were found to be using cryptos

Conclusions

The primary conclusion of this first study was as follows

It does not surprise me according to the results obtained that the vast majority of cryptocurrency users in my community are traders, since most of them use them as a means of payment, to accept cryptocurrencies in their businesses, that is important as a refuge since the national currency has a strong and accelerated devaluation, that is why they seek refuge in stable cryptocurrencies or dollar currencies. I am not surprised by the nationality either, since most of them are Asian and Arab traders, however a good sector that does not know cryptos and their benefits are willing to learn and use cryptocurrencies.

What did surprise me was the fact that many women who work at home use cryptocurrencies and then I understood that they are advised by relatives abroad and use them under supervision to receive remittances sent to them monthly for their food expenses, it is known the bad economic situation of my country with a high degree of inflation.

Another important fact is that several people surveyed who do not use cryptocurrencies are willing and interested in receiving induction on the subject, mostly young traders, initiatives like this can serve in their communities and generate additional income by teaching courses to interested people in their communities. In this relationship everyone wins and cryptos will have a better adoption.

 

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Introduction

The winter of the cryptocurrency market last year has had its aftermath in this first half of the year, new factors such as those already known today continue to negatively affect the market, however there are certain cryptocurrencies that have had a performance that could be considered good taking into account the adverse factors.

Let's take a look at some notorious cases

Data taken from Coingecko in terms of performance at 24 hours, 7 days, 14 days, 30 days and one year.

Let's start with the Ripple XRP cryptocurrency with a very good performance. 

With a current value of 0.533701 US$.

Another crypto is Litecoin LTC has always kept good pace which makes it nice to investors.

Its current value is $89.56

Adventure Gold (AGLD) another case of interest, let's take a look at its performance

Its current uptrending price is $0.479.

Lyra Finance (LYRA) current price $0.090

We took as a basis the first 500 cryptocurrencies according to Coingeckco, they are cryptocurrencies that would be worth following their behavior and you can evaluate if you consider them for your investment portfolio, this work was only with the aim of capturing good returns.

 

Conclusion

As we could appreciate in this evaluative work with data taken, in spite of the negative factors that have tarnished the market, there are certain cryptocurrencies that we could consider having in our investment portfolio as we appreciate in the present investigative work, the final reflection that if its performance has been good, what we could think could happen with a recovered market, as they say the proverbs will dawn and we will see.

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