Tag Archives: Technology

Scrypt Asic Currency Mining

Scrypt Asic Currency Mining

Scrypt Asic

Are you interested in still cryptocurrency investment? How about scrypt asic currency mining? Currently, Bitcoin is a hot potato. It is among the most sought-after cryptocurrency products worldwide.

There was even a previous post on celebrities giving them endorsements.  And that’s even while there have been concerns in regards to its regulations.

Anyway, many people do not know how to venture into this vastly profitable business. If you are interested in investing in cryptocurrency, then consider yourself lucky.

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Asic Miner

Scrypt Asic 2

How Does To Start?

1.    Get A Mining Rig
Bitcoin mining has become very competitive since its demand is enormous and growing. To start off, get a bitcoin mining calculator. Enter the data of the Bitcoin miner you intend to buy. This gives you a projection of the profits likely to be realized and the duration. Go through various Bitcoin mining hardware reviews from Amazon.com to choose a suitable one.

2.    Get A Bitcoin Wallet
Bitcoin is an Internet-based currency, so you’ll need a place to keep your Bitcoins. This is what your Bitcoin wallet is. Subsequently, get a wallet address, a long sequence of letters and numbers. It is worth noting that the address is public.  You may sign up here to acquire one.

3.    Find A Mining Pool.
A mining pool is a group of Bitcoin miners that combine their computing power to make more Bitcoins. It’s advisable that you don’t do it alone because Bitcoins are awarded in blocks, usually 12.5. You can’t quickly get these alone unless you’re fortunate and very hardworking.
When choosing a mining pool to consider the following:
•    The Method of Reward: Is it scoring based, proportional, pay per share or any other way?
•    The Charges for mining and withdrawal of funds
•    The frequency of the blocks (being rewarded)
•    The process of funds withdrawal
•    The Stability of the pool

4.    Get A Mining Program For Your Computer
You’re almost there, ready to mine. At this point, you will need a mining client on your computer so that you’ll be able to control and monitor your rig. Many mining pools have their software while some don’t. In case of the latter, you can check out different mining software (BFGMiner, 50 Miner and much more.)

5.    Start Mining
With everything set, you need to do is connect your miner to a power outlet and start. Of course, you ought to connect the miner to your computer (mostly via USB) and open your mining software. Enter your mining pool, username, and password, mine!

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Pros and Cons of Solo Mining

If you want to venture solo, you need a few tricks and risks to avoid. It’s an investment, and you need to make profits.

Pros
•    If you find a block, 99.5% of the block reward is sent directly to your address; you share it with nobody.
•    There is no need to log in and input all those details, for instance, passwords, withdrawals, authentication or pool wallet hacks.
•    You remain anonymous apart from your Bitcoin address. All that you confirm is that you’re mining to your address.
Cons
•    If you do not find a block, you do not earn. Why? Unlike in a pool where a pool member may find a block, and all members get a share; going solo does not have the advantage.
Pool mining has its benefits and flipside.
•    It generates steadier income as compared to solo.
•    It can generate 1-2% higher income (before any charged fees) because of the long polls providing the pools.
Factors to Consider when Purchasing Mining Rigs
In mining Bitcoin, you need miners commonly referred to as mining rigs. There are factors to consider before settling on a particular miner.

a)    Hash Rate

This is the speed at which the miner can perform mining calculations. Device performance is measured in Terahashes for every calculation executed per second. The count gives you a rough estimate of the machine performance.

b)    Electricity

Electricity consumption is also something you should consider before settling on a machine. Unless you’re going to get electricity for free, the power consumption of a rig should not be too high as it will cut your profit margin.
c)    Device Cost
One of the most important figures is the cost of the machine you intend to purchase. Pre-manufactured rigs cost between $500 and $2,000, depending on the performance and whether it’s new or second-hand.
d)    Time and Maintenance
Bitcoin mining takes time. But before mining sometime is taken in setting up the machine, and maintaining them throughout the entire process. Just like any other machine, parts can malfunction, and as a result, Bitcoin miners need to replace them. Fans are often replaced.

Some Common Mining Rigs

  •  AntMiner L3+ 504MH/s 1.6/MH ASIC Litecoin Miner (504 MH)
  • Aluminium 6 GPU Mining Case Rig Open Air Frame for ETH/ETC/ZCash
  • 6 GPU Miner Aluminium Stackable Open Air Mining Case Computer ETH Frame Rig for Bitcoin Miner Kit Unassembled Ethereum
  • GekkoScience Compact USB Stick Bitcoin Miner 8gh/s (May or may not be available as of the date of this writing)
  • Gridseed Blade Scryptic Asic
Scrypt Asic3
Scrypt Asic mining is the talk of the town among the tech savvy and novice investor alike!
Other Mining Rigs  (Some may be hard to find online as of this writing)
  •  DualMiner USB 2 Gridsed Litecoin, Dogecoin, Scrypt Miner
  • ASCIMiner Block Erupter
  • Gaw Miners Fury
  • Gridseed ASIC Miner for Litecoin and Bitcoin Mining
Conclusion

Scrypt Asic currency mining remains a lucrative venture, but it needs time, dedication and teamwork. Although many of the products mention may come up unavailable, there are several other options to choose from on Amazon.

As mentioned earlier, making a kill as a solo miner is not an easy task. If you’re considering the venture, follow these steps, and you will make it.

However, if it proves too complicated, there is another way, buying and selling Bitcoin.

Firewood For Sale Online

Firewood For Sale Online

Firewood For Sale

Interested in online firewood for sale? Well, you’ve come to the right place.

As always with this blog, I attempt to identify many angles of the Internet to discover how it benefits us in our daily lives.

Firewood is the most versatile raw material the globe has known for years. People have relied on it for their needs because it is renewable, has a low utility cost, and it is locally available. Technology has completely changed the firewood industry leaving it accessible to everybody who is in need of firewood services.

The advantages of buying firewood online 
The Internet has simplified the process of purchasing wood. It has brought so many benefits and advantages where more and more people can be able to buy firewood online. Some of the advantages of shopping for wood online include;

Convenience
With the help of the Internet, you can purchase firewood from the comfort of your seat at home or in the office. While buying the fuel online, you do not have to make any queue, and you don’t have to wait for any shop attendant to assist you. Also, you have an opportunity to purchase your firewood anytime of the day or the night because online shopping is 24/7.

 Good prices
When purchasing any firewood for sale online, you will get better deals and affordable prices because the wood is directly from the manufacturer. Also, there are no intermediaries involved.

Another advantage of online purchase is that the vendor will offer you some discounts when you buy in bulk.

firewood for sale 2

More variety
When procuring firewood online, you will have more options to choose from. You can quickly get several types from various dealers all in one place.

Apart from this, you can shop from different retailers from multiple localities without any limitations from geography. Additionally, at your disposal, you’ll find different sizes and weight measures.

You can quickly send firewood to relatives and friends
With the internet and online buying; you can easily buy and send it to your friends and family wherever they are.

Price comparisons
The internet enables firewood buyers to compare different vendors prices, and choose what’s most affordable. Moreover, you as the buyer can share your views and information with other purchasers who have firsthand experience with firewood.

No crowds
Firewood is mostly bought during the festive seasons and in the cold seasons.

At such times, the buying grounds are more congested. Online buying will help you avoid the crowds while purchasing. You can easily buy it online and have it delivered to your doorstep. Going for firewood shopping with your car or truck may cost you a lot.

You will have to look for parking, and pay for it. Online purchasing of firewood for sale will save you from all these hustles.

Firewood Delivery

The best thing about firewood delivery is that when you make your order the vendor will gather the firewood that you want and you will have it delivered to your doorstep.

With the help of the Internet, firewood vendors have come up with strategies that have capitalized the growing desire for accessible firewood in only a few mouse clicks. The internet has made firewood deliveries convenient in the following ways;

Direct to supplier delivery
Firewood buyers can purchase firewood from vendors. They are delivered to their homes immediately rather than having to wait for three to four days deliveries. The newest tread the firewood vendors are using is direct to home delivery.

Personalized billing and shipping info
With the help of the Internet, firewood deliveries have become more convenient because the vendor will not only be able to trace the customers billing information but also the shipping and destination information.

When the same customer is buying firewood from the same vendor, the vendor will not ask for the delivery destination because they already have it in their records.

Prior consumer knowledge
Once the customer has purchased firewood, they will know when exactly to expect their deliveries because the vendor communicates immediately.

With the Internet, the vendor can easily trace the buyer’s delivery point if they are not so familiar with the location. Also, the purchaser will be able to prepare storage for the wood before its delivery.

When purchasing firewood online, you can consider procuring the following products from Amazon.

Firewood Brands

Fatwood Firestarter
Fatwood is 100 percent natural wood, with loaded fast fire starting resins. Also, it is a regular fatwood, and when ignited, it starts immediately and burns at a very high heat.

With Fatwood, you do not need newspapers or chemicals to start the fire. Fatwood is affordable and can be purchased easily from Amazon.

The cost could run from $10, $29 dollars or more. Depending on box size, the delivery is free.

Lightning Nuggets
This type of firewood is environment-friendly because it is nontoxic.

The chunks comprise of food grade paraffin wax combined with pitch wood sawdust, and these ingredients ensure there is no residue left behind.

When lighting the fire, you only need one stick. No newspapers are required to light the fire. From Amazon, the products are readily available, and it is affordable.

Western Pinon Mini-Logs
Readily available and affordable from the popular online buying site, this brand of firewood is perfect for burning inside your chimney or campfire. It is six to eight inches long familiar.

Also, they are natural to insect repellent.                                                                                              

Pine Mountain
This product burns for three long hours; it is ideal for both indoor and outdoor use. It’s the best choice for campfires, can light quickly, efficiently, and it heats evenly.

BRC Premium Firewood
This type of wood is non- explosive, and has 20 starter sticks that are used to light grills. Also, the fuel does not have chemical fumes. It burns in the moderate wind as well as in light rain.

Wilson Enterprises
Proudly manufactured in Michigan, each wood has a diameter of 9-11CM and has a thickness of one CM. You can easily purchase the wood from Amazon, and most of the delivery cost comes free.

Enviro-Log Firewood  

This type of firewood burns cleaner than any other wood. It does not melt, and it is 100 percent recyclable. It works best for outdoor cooking.

Duraflame
This type of firewood burns with brighter and bigger flames. It burns for approximately 3 hours, and it burns clean.

Things To Consider

The following factors should be considered when purchasing firewood for sale online:

Type of wood
When purchasing firewood online, ensure that you have obtained the correct fuel. It is important to note that firewood from hardwood is denser than that from the softwood and it will give you much more heat.

Get what you pay for
Ensure that you get what you have paid for after purchasing your firewood online. In most cases, it is measured in weights, standard cords, or infractions.

Standard cord is usually one hundred and twenty-eight cubic feet of wood complied together.

Make sure that you specify the length of the wood that you need to ensure it fits in your firebox. Avoid purchasing firewood measured regarding a track load because the law prohibits it.

Buy local firewood
When purchasing locally, first ask your online seller if it is available locally. If buying locally environment-friendly wood, you will not only avoid the shipping fee but will also be preventing the spread of insects and diseases that destroy and damage trees. Also, you will be supporting your local economy as well.

Buy seasoned wood
When purchasing firewood online, ensure that it is dry. This is because burning it when freshly cut or unseasoned is dangerous. Half of the wet wood is water, and it must be heated to drive of the steam so that it can reach the combustion temperatures. As a result, you will get firewood that is hard to start the fire, it will also be hard to keep, and finally, it will produce unusable heat for your home.

For information on burning fresh cut wood, or Green Wood, you may read more from this webpage.

Wrap up

Again, when seeking firewood for sale, especially online, there’s the convenience of purchasing directly from manufactures. You’re also able to compare prices and identify the best brand that fits your needs.

And thanks to the Internet, we have the ability to purchase items of all types much more easily!

Lakshmi Coin India Consideration

Lakshmi Coin India Consideration

 

Lakshmi Coin

I ran across an blog post and video from GadgetsTricks.com discussing India’s interest in creating the Lakshmi Coin:

What Is Lakshmi?

The Lakshmi, or ‘Laxmi’ is the Hindu goddess of wealth, fortune and prosperity.  So it’s only right to choose a name for their digital currency, Lakshmi Coin.

Key Notes About This

Based on my research, I’ve come across the following:

Long Way To Go

While many use Cryptocurrencies, it’s not clear if the future’s bright for global acceptance due to some concerns and criticisms.  Thus, the Lakshmi Coin may face steady challenges for the future.

 

 

Uses Of Internet In Our Daily Life

Uses Of Internet In Our Daily Life

Uses Of Internet In Our Daily Life

 

What could we say about the uses of Internet in our daily life? Well, several generations ago, our great grandparents and ancestors were able to conduct several areas of activity without the presence of Facebook, Expedia, Google, Amazon, YouTube or Netflix. Today, however, it’s hard to imagine living without any of these (for most of us, anyway).

In the early 2000’s, I took my first trips to Canada and Ghana on separate occasions without using online bookings. In contrast, from 2004 until present I’ve booked all round trips and accommodations via laptop. This has made life as convenient as possible in my opinion because I’m not at the mercy of a travel agent.

Now, of course there are debates about the differences in self booking verses agency booking. But I personally feel comfortable going independent because I’m in charge of my own itinerary and can save (or spend) money where ever I see fit.

Obviously, that’s a brief example of the role the Internet has played in my personal life. And so this blog entry focuses on more ways web access has been a benefit in modern society.

I say more ways because there’s been posts regarding the role of the internet such as:

Internet In Many Areas Of Activity

According to a survey done by iternetlivestatus, 40% of the world’s population is connected to the internet. This is possible because people are hungry for information. The internet makes our lives easier in the following ways:

Online Shopping

The internet offers a platform where people can buy and sell products with just a click of the button. Online shoppers are likely to get huge discounts because of the huge competition and a variety of goods to choose from. You can buy virtually everything and have it delivered to your doorsteps, laptops or mobile device.

Online shopping is affordable, saves time and very convenient. Customers can pay for goods once they are delivered or through online money transfer.

Online stores like Amazon.com, Alibaba.com, Paytm.com, Flipkart.com and Snapdeal.com offer clients the convenience of viewing, placing an order and purchasing through the internet.

For entrepreneurs, the eCommerce market has given internet users an opportunity to create simple user-friendly websites for potential customers.

Need proof? Just look at the various top eCommerce platforms available to give one an edge in competing against the big guys for a part in the economic pie.

So with or with out the traditional Brick & Mortar business, who can deny the convenience of owning ones own online shop?!

Job Searching

The uses of internet in our daily life also includes searching and posting for employment. You can easily find employments by visiting the websites of companies you are interested in working with. Whether AdzunaTotalJobs or any other agency, most businesses use their websites to advertise existing vacancies. You also get the chance of applying for the position online.

News

The internet lets you stay informed with the latest news in politics, entertainment and showbiz, sports and the financial markets. The internet is a sea of information, and you will always get the trending news about virtually anything.

Travel and tours

The internet allows you view the places you are planning to visit. You will get alerts on the most exciting areas to visit. Blogs and content on tour websites offer descriptions on different tourist destinations. By reading these blogs, you can easily compare and make a decision.

Tour agents have also embraced the internet to advertise and market their companies. Through the web, you will be able to choose a tour agent depending on their quality of service and the package they offer. Or, as I’ve stated, you can go it alone planning your entire trips independently.

Dating

Many people have found love online. Dating sites offer a platform for many singles to meet and mingle.

I can admit most of my past encounters in dating females have mostly come through online communication.

You can get a partner on dating sites or through social media, chat and eventually plan your lives together.

Online connection platforms accommodate users in that they offer services based on personal preferences (long term, short term, age, religion, etc) .

There are even sites catering to singles in search of companionship from the wealthy.

The  previous ways of meeting ones desired partner were through websites. However, with the increase in mobile device ownership, connections are made using a simple smart phone.

Some of these supporting apps include:

  • Tinder
  • Bumble
  • Coffee Meets Bagel
  • OKCupid
  • Happn
  • Bristlr
  • Plenty Of Fish

You should, however, exercise caution because not everybody you meet online can be trusted.

Entertainment

The internet is a source of entertainment for kids, youths and even adults. You can watch and download movies online. Children can play games and watch cartoons. YouTube offers a platform where you can listen to the latest music and watch different movies.

For viewing pleasures, who needs a cable bill when there’s an increase in online streaming services.

To name a few, these services include:

  • Amazon Video
  • YouTube Red
  • Netflix
  • Vudu
  • Crackle

Although television packages may or may not see their last days anytime soon, online users can now rejoice in knowing there are several options as previously indicated in this blog post.

You can also read the past entry about VikiTV and the emergence of Korean online dramas.

For listening, we won’t waste much time stating the obvious. The opportunity for streaming music free and premium is here to stay.

That’s why the following have earned an honorable mention:

  • Napster (Formerly Rhapsody)
  • Spotify
  • Pandora
  • iHeartRadio
  • TuneIn (my personal favorite)
  • Deezer
  • Tidal

Gambling

Now I’m not speaking up for or against virtual gambling. Let’s just point out that this has grown throughout the world among laptop, PC and mobile device users.

Online casinos provide a platform through the use of the internet for players to place their bets and earn online. If you love gaming, you can easily learn the odds and place bets from the comfort of your home. If you win, the money is transferred to your account through online money transfer.

There’s many discussions surrounding addiction to gambling both online and physical casinos. It’s just quite obvious, though, that access to gaming sites provide the type of convenience users love regardless of time or location.

So as long as there’s a connection. there’s a way!

Enables Quick and Swift Communication

Gone are the days you could wait for sunrise-to-sunset to receive a letter from the post office. The internet has made communication faster, cheaper and very efficient. When you send an email to your employees, there is 100% guarantee that the information will reach them. Texts and chats on social media allow people who are miles apart to communicate and know each others’ welfare by a click of the button.

Efforts made by Facebook have also given users an opportunity to send and receive  words with their instant messenger service.

You can also video chat through applications such as:

  • Skype
  • Google Duo
  • Google Hangouts
  • IMO
  • JusTalk
  • Tango
  • Viber
  • WhatsApp

With these platforms, connecting with friends and family who are miles away by chatting or through video calls allows you to share on your experiences and this can also be a great source of fun.

Investing

The internet provides lots of information that you can use to make money. Selling products from different companies online can earn you a commission.

You can also invest in an online course in finance, freelancing and internet marketing then use the acquired skill to provide a service that will help you earn a living.

The beauty of working online is that it gives you the flexibility of working and making money remotely as long as there is an internet connection.

Education And Research

Students can use the internet to learn. They can also research on different topics and get the information they need. There is a lot of information on the web where students can get resources online in their various courses. Professors can also use the internet through video conferencing to share information and study material with their students.

Money Management

Everybody is looking for ways to which they can be financially disciplined. Banks are working tirelessly to provide their customers with apps that they can use to manage their finances.

There are also online money transfer apps that you can install on your phone that will enable you to transfer money to the bank. This strategy makes it easier to save.

Enhance Cashless Economy

With the increase in popularity of Cryptocurrencies, individuals are now able to buy and sell goods and services virtually, making the flow of business easier.

Check out the example from Paxful.com:

You can send and receive money digitally. E-wallet, mobile money transfers, and internet banking also enable you to pay your utility bills from the comfort of your home.

It also reduces corruption in government offices because any money transferred digitally will be recorded. You can also not evade taxes if you use this form of money transfer.

The Internet Of Things

IOT consists of everyday objects embedded with network connectivity thats allows those items to communicate between each other. These objects could include:

  • Vehicles
  • Mobile Devices (including wearables)
  • Homes (mostly everything in it)
  • Robotics (IoRT)

Because IOT involves the majority of gadgets and objects that turn on and off, this continues to impact a growing portion of society.

One notable usage consists of IOT working in conjunction with security systems for home and even work place buildings. Those who use this form of technology often rely on IP Camera Hosting. That means there’s no need for complicated installation or software (if ever). The main requirement are obviously cameras an internet connection.

Someone rang a doorbell while on vacation in Florida? No Problem! Users can then view their perimeter from anywhere using most electronic devices.

Additionally, I must point out IOT isn’t just confined to the young or wealthy tech savvy community. There’s also a growing push towards sensors and gadgets working for the benefit of senior citizens and disabled. Many companies favor the welfare of these groups by tracking and learning their movements (such as daily routines) in the household. Data then gets stored once a consistent pattern has been established, only to alert caregivers and family members should he or she makes sudden changes in behavior.

Google Is Your Friend

Lastly, and quite obviously,  what would the uses of Internet in our daily life be without Google.

Some of the most common uses of Google are Gmail, YouTube, and Chrome. There are however other services performed by Google, and some of them are:

Google trends – enables users to view the most popular topics. You can quickly see trends in different categories like entertainment, health, sports, business and science/technology. You can also view and compare various topics and see how a particular subject has been performing over some time.

The find my android app – it’s a common thing to misplace your phone. This app enables you to find your phone without much hassle. You can see where your phone is on a map by going to google.com and typing find my phone.

Google Hangouts – allows you to chat with your loved ones and workmates by sending text messages and through video calls. It’s available on your phone, tablets or computers. It also allows you to have group video calls with up to five people.

Field trip – the app shows you the surrounding when you are on a voyage. It will alert you when you are next to an interesting place. You will get alerts of museums, restaurants, historical sites parks and much more.

Google maps– it will show you areas you are interested in. You’ll know the area traffic, directions, routes, public transportation information and images of places. You can set the day and time information to help you see roads with heavy traffic through past information.

Google translate – you can easily learn the translation of words in over 100 different languages. By copying and pasting text into the Google translate website, you get the meaning of various phrases and expressions in your mother tongue. If you are not sure of a particular language, Google translate will quickly detect and alert you.

Google dictionary – makes it easier to learn the definition of different words. It also helps you in pronunciations.

Google flights – find the most convenient and lowest priced flights when planning a trip through Google flights. It gives you the convenience of viewing the prices of flights on different dates through the calendar view.

Google alerts – helps you stay informed at all times. You can easily set alerts and receive information on a particular topic of interest anytime it is mentioned.

Your area of interest could be your company’s name, your favorite programs or even your name.

You have the flexibility of setting the frequency, the sources and where the information is sent to.

Additionally, for bloggers, this provides a great way to stay updated on fresh content for readers,

Conclusion

The internet has enhanced and made life easier for everyone. It has expanded people’s knowledge and led to the tapping of potentials that were unheard of.

Good utilization of the internet is a great way of empowering yourself socially and economically. Caution should, however, be exercised when using the internet because it can also be a source of moral degradation.

InterServer VPS Get More, Pay Less

InterServer VPS : Get More, Pay Less

 

InterServer VPS

Do you need a web hosting service for your online businesses or personal blog? Well, if you search Google for hosting services you will receive tons of suggestions, literally! Many of them offer a money back guarantees and offer you 100% uptime, and charge you a premium in exchange. But do they come close to the value of InterServer VPS offered on their site?

If you have taken some of their services you might already know that all that glitters is not gold. In fact, most of them provide customers with sub par web-hosting services and claim to be the best in the business.

So, how does one sort out the real ones among those thousand providers? It’s best to say, check their customer reviews, market history, and product plans. If the company ticks all the right boxes, whoa! You have just found your dream VPS provider. Or, if you ask my personal opinion, I would suggest  checking out InterServer VPS and their offerings.

 

Company Overview

InterServer started out as a small scale web hosting solution provider in 1999. But quickly the company rose to prominence and became a household name largely due to their excellent services, customer oriented business model, and innovative packages.

During the next 18 years, the company solidified its position as one of the industry leaders and started providing various other services including quick servers, shared hosting, cloud hosting and colocation services.  InterServer VPS Also offers a Bread Basket.

The company boasts a wide range of clients including Fortune-500 companies. They also have multiple offices around the US and provides 24/7 customer services to its honorable clients.

Why VPS (virtual private servers)?

InterServer VPS provides all the hosting solution namely; shared, dedicated servers, VPS and managed hosting. While shared hosting is best suited for small scale businesses or personal blogs, serious businesses should seek other options.

InterServerVPS2
Typical ad banner. Offer may or may not reflect current plans. Click to view for accuracy.

 

But choosing between a VPS and a dedicated server might prove to be a stretch at times since there is only a thin line separating both web-hosting solutions.

While the dedicated servers might be the most powerful and efficient one, top level VPS hosting might give them a run for their money. Furthermore, VPS solutions are far cheaper than dedicated web-hosting and, rather deservedly, an attractive proposition. Like most other companies, InterServer also provides VPS solutions to its customers at a juicy rate. While some might differ on choices, VPS solutions should be the preferred choice for most users.

 

InterServer VPS Offerings and Pros

  • Multiple operating systems – InterServer VPS provides solution for multiple operating systems including Linux and Windows. So, basically you can choose from any Linux based VPS such as Centos VPS, Ubuntu VPS, or if you want windows based one, you can have it too. There are really a lot of options to choose from.
  • Instant setup – Unlike many other web-hosting solution providers, InterServer provides instant setup for clients. Once you have paid the required amounts, you can setup your VPS with just a click from your keyboard. Literally, it takes only 15 minutes to prepare your server, and get it up and running. Most others would take several hours or even days.
  • Monthly pricing – The company employs an attractive pricing policy. While many other would trick clients by offering a money back guarantee while selling their over valued products, InterServer stays loyal to its customer base. They will not offer your ridiculous offers, but you can expect world class services from them at an affordable price. Moreover, the prices are charged per month. Hence, if you are not satisfied with their services, you can always choose to cancel your subscription anytime and you will not be charged a single dollar after that.
  • Full control – You will have full access and control over every single thing. Many web-hosting solutions do not provide customers with full admin or root control support, but with InterServer, you can expect to have control over your server, and you can patch up things on your own if you deem it necessary.
  • Cost effective – If you are price conscious then InterServer VPS might be your go to guy. Just compare the listed prices with other reputed hosting solution providers. You will notice the difference. InterServer charges a ridiculously low fee compared to other companies, with Linux based VPS starting from $6/month and Windows based VPS at  $10/month. You will also be showered with a variety of packages to choose from based on your financial capabilities and requirements. There is an option for everyone including that online blogger and large scale businesses.
  • The easy control panel – InterServer control panel allows users to easily add multiple servers to it and manage from there. Suppose you started out with the most basic plan but, as times wore on, your business grew proportionally. Now you require more storage and more RAM options. No worries. From within your control panel, you can scale your virtual server any way you like.
  • Fully customizable software options – From within the control panel you can install or delete software packages in order to modify your web-hosting experiences. The company also allows users to install more than 381 software with just a single click. I guess it is more than what most people would need.
  • High-performance storage – How about receiving a hard drive with 20 times more speed than normal SATA disk drivers. I know it is hard to resist. You will receive an SSD hard drive with a capacity ranging from 30 GB to 240 GB. No matter what your requirements are, with such capacities on offer, InterServer has you covered.
  • Unrivaled uptime – You would not like it if your site remains down for most of the day. In fact, this is the commonest problem faced by web-hosting solutions customers. No matter how big the providers are, you will face uptime difficulties from time to time. But InterServer assures you of a 99.9% uptime guarantee. They went beyond that and offered a money back to customers experiencing uptime difficulties. Glowing reviews from thousands of satisfied customers are a testament to such bold claims from the company hierarchies.
  • Multiple language support – You might think, what about customers who would like to experience software other than PHP, Perl or Python? Does InterServer provide support for multiple languages? In fact, they do. Besides this common software, you will have the luxury to install any Linux based software or server component.
  • Free migration services – Need to migrate your website from another service provider to InterServer? Well, they do it for free. You just need to make sure your InterServer account does not contain any data. They will take care of the rest.
  • 24/7 customer service – It is normal for any user to face issues with their server or account from time to time. InterServer has a dedicated team of customer care service providers under its belt who strive hard to make sure you receive the best service from them, even at midnight.
    InterServer VPS Cons
    • No one is perfect. Not even InterServer VPS. Despite all these positive aspects and wonderful customer reviews, the company should not rest on its laurels. They must improve their uptime even further, and try to reach that magical 100% mark.
    • Besides, currently, the company does not provide a control panel option for Windows VPS, which might be a thing of concern for some people. The company should look to add a control panel for Windows VPS customers as soon as possible
Conclusion  

To sum up things – InterServer is one of the most reputed and well-adorned web-hosting solution providers around the world. They offer a variety of other products in addition to standard web-hosting and VPS services.

The purpose of this little piece was to introduce enthusiasts and potential customers with their services along with pros and cons. Hope readers might have gotten a glimpse of the services to receive when they sign up with the provider.

If you are still undecided or if you want to sign up with them, just visit their website, see their offer details, compare with other service providers, and make an informed decision.

Moreover, prior to sign-up you can go through reviews posted on numerous online reviewing sites or talk to their customer service providers. They will offer you further insight on the company and you will surely find your reasons to sign-up with them. No matter what your purposes and expectations are, InterServer will probably meet them and will even beyond that.

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The Popularity of YouTube in India

The Popularity of YouTube in India

 

The popularity of YouTube in India

The most popular YouTube videos in India get hundreds of thousands of views every week, attesting to the popularity of the video sharing service in India. Like in the Hollywood-dominated West the popular YouTube videos in India are the latest trailers of new Bollywood releases or the hottest songs from Indian rock stars or musicians.

Tamil actor/singer Dhanush’s “Why this Kolaveri” was perhaps one of the most popular YouTube videos in India and had an impact similar to the one created by the incredibly famous and record breaking YouTube sensation, Gangnam Style by South Korean pop start PSY.

Browsing through YouTube, along with Facebook, is what a majority of Indians do on their mobile phones. India is the fastest growing smartphone market in the world, and most Indian buyers use their ultra-cheap smartphones to watch videos on YouTube.

The Importance of Mobile

Indeed, mobile is the most important part of YouTube’s India strategy, as the company owned by Google focuses on non-PC devices in countries with relatively lower PC and internet penetration such as India. Worldwide, mobile accounts for 25% of YouTube’s daily views, 1 billion in all, and this percentage is much higher in lower income countries such as India, or for that matter, in Africa.

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India is one of YouTube’s top five markets in the world and hence quite significant. YouTube’s primary focus is to keep growing alongside, as the penetration of smartphones, internet and “smart” DTH television grows in India. The primary focus, as discussed earlier, is on mobile penetration. YouTube plans to take advantage of the rising popularity of YouTube videos in India by integrating YouTube videos with direct-to-home (DTH) television subscriptions provided by Indian companies such as with Airtel, Tata Sky and Dish TV.

Not Just A Bollywood Thing

While the most popular YouTube videos in India have related to Bollywood, it is not necessarily the case that all top content providers in India for YouTube have links to movies to India’s “City of Dreams”.

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There are a plenty of content providers for YouTube in the country who have done remarkably well with their educational videos – such as, “how to change your hard drive”, product review videos – “New Google Nexus 6 Review” or “iPhone 6 Review” or some thrilling videos such as the video of stuntmen in Mumbai performing dangerous acrobatics on a moving train, which became viral, and eventually created a huge political storm, leading to stricter monitoring of Indian trains.

Point is, there is a great hunger in India for new and original videos, interesting videos, and they may have nothing whatsoever to do with Bollywood.

Video Tutorial in Hindi:

YouTube Popularity For Politics

Even politicians in India have taken to YouTube in a big way for their campaigning, none more so than India’s popular prime minister, Narendra Modi. Mr. Modi made YouTube and other social media platforms such as Twitter and Facebook the corner stones of his campaigning in the recently concluded election, which he won by a landslide victory. Mr. Modi has been a pioneer in Indian politics and very good with technology – which makes him very popular among India’s young voters. Any YouTube video of the new Indian prime minister’s speeches, was likely to get hundreds of thousands of views. Indeed, fans of the Indian prime minister have a dedicated YouTube channel where his speeches were broadcasted. Hence, it’s not outlandish to suggest that YouTube could claim a small but significant role in Mr. Modi being the prime minister of India today!

YouTube-India Partnerships

Some of the most popular YouTube videos in India have been partnerships. YouTube has had highly successful partnerships with content creators such as the India Comedy Week a few years back, during which over 400 hours of comedy content were hosted by YouTube that featured originals and some all-time favorite TV comedy shows such as Mamman Bhai, Dilli Ki Billi and Shit People Say.

YouTube’s Diverse Language Options

Another important thing done by YouTube is not to cater to India’s most popular languages – Hindi and English – alone. YouTube has made a concerted effort to target speakers of other major Indian languages such as Tamil, Telugu, Marathi, Kannada, Bengali, Malyalam, Gujarati, Punjabi as well as various dialects of Hindi such as Bhojpuri and Rajasthani.

Moving Forward

While doing business in India, YouTube has been smarter than many other multinational companies. The big reason for YouTube’s great success in India is how well the US based company has “Indianized” itself and adapted to Indian tastes and sensibilities. And the best part is that, we have seen nothing yet – YouTube will only get stronger and more popular in India over the next few years.

10 Top Day Trading Tips

10 Top Day Trading Tips

Day Trading Tips

 

If you’re looking for some day trading tips, we’ve come up with some great ideas. While it has it’s fair share of risks, there’s certainly a lot of potential.

Day trading has become more popular as a way to make money by stock trading, especially after Timothy Sykes’ story hit the media.  Many people got the idea that trading was an easy way to make money working at home in their pajamas.

This idea turned out to be a misconception.  Day trading takes a little time to learn, and it can be lucrative from where ever you’re located, but you need to learn the basics before you start.

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The first lesson is to understand that investment trading comes with risks and it’s important that you do your homework before committing.

First, What is Day Trading?

Day trading is the process of buying and selling securities, or a financial instrument, during the same day or more than once over the course of a day.   Because many brokerages have moved to online trading, you can conduct your business from your location.

Basically, a person involved in day trading is looking to make money by taking advantage of little price movements in individual assets (stocks) or indexes.  Day traders look for three different things in a stock: volatility, liquidity, and trading volume.  To explain these terms:

  • Volatility is the measure of expected daily price ranges, such as stocks from a corporation that experiences a higher rate of variance in its cash flow.  These situations can be capitalized on by a day trader.  The higher the volatility can mean higher profits or greater losses.
  • Liquidity in the financial market refers to the ease and price in which a security can be obtained.  Liquidity allows for easy entrance and exit from a stock at a good price.  The more liquid a stock is, the more easily it is for day trading.  Liquid stocks also tend to be cheaper than other stocks.  Stocks from a higher market capitalization corporation are generally more liquid because it’s easier to locate buyers and sellers.
  • Trading volume is an excellent indicator to a day trader to the stock’s volatility and liquidity because of the volume.  The volume is how many times the stock is bought sold within a particular period of time, which is usually averaged daily.  The more volume reflects the interest in a particular stock, but it does not indicate if that interest is positive or negative.  Often, when the trade volume increases it is indicative of price movements that are going to transpire.  One tool day traders use is the Trade Volume Index (TVI) to help decide whether to buy a stock or not because of the amount of money flow into and out of an asset.

Timothy Sykes

In 1999, Timothy Sykes seemed to be like most high school students, but he soon became famous with a story that impacted the world of day trading.  Sykes saved his gift money over the years and it to start day trading penny stocks.

His investment was approximately $12,500, and it earned him about $1.65 million by his 21st birthday.  He’s now part of the social trading platform Profit.ly, and regularly post live feeds to site members from a personal.

Many thought if a young person could do this without being an expert, then it must not be that complicated.  This is partially true, but Sykes spent hours studying before he started.

10 Day Trading Tips

To get you on your way day trading, here are some basic rules and tips:

1) While you’re learning, take advantage of free resources like Youtube videos and blog posts.  When you feel ready, set up a practice account online (some websites allow you to do this) and test a few trades.

2) Have an enter price, exit price, and an escape price.  Before you press the button to finalize the deal, you need to know when to get in, when to get out, and a strategy to get out if things are not going as expected.

3) Always set your price targets before you do it and stick with your decisions.  It will help you keep from being overly greedy if the price spikes and limit any losses.

4 ) When the market opens, avoid trading within the first 15 minutes, especially if you are a newbie to day trading.  Those 15 minutes of action are full of market orders placed the night before and panic trades.  It pays to wait until you’re able to see a rewarding opportunity.

5) To find an entry point, look for situations where supply and demand are drastically imbalanced.  If a supply is nearly gone and there are still buyers, then the price will go up, and if there is a surplus of supply and no buyers, the price will go down.

6) An important lesson is to set a proper risk-reward ratio.  At least 3:1 will allow you to win big and lose small and can help you come out ahead if you experience losses on several trades.

7) Be patient and don’t make a trade because you feel like you need to “just do something.”  Make your trade plan and trade according to your plan.  It takes discipline, and impulsive decisions can become your worst enemy if you’re working alone.

Timothy Sykes was mentioned in a previous blog post as a successful penny stock trader from the social trading site Profit.ly. Click image to read more.

8) Don’t risk too much capital on one trade and only trade with money you can afford to lose.  Budget your day trading and don’t exceed it thinking you are missing an unseen opportunity.

9) Don’t limit yourself to day trading stocks.  There are three other asset classes to keep in mind: forex, futures, and options.  Any of these can present an appealing opportunity.

10) As you go, you’ll learn from your experiences and as you’re learning don’t second guess yourself or your set rules established for getting in and out.  Every day trader losses at times, so don’t be too rough on yourself when things don’t go as planned.

day trading tip 3
Day trading comes with its fair share of risks. Be sure to exercise discipline, patience, practice and smart study habits.

Pros of Day Trading

The biggest pro of day trading is that you can earn some serious money if you can afford to take the risk.  As you learn the inner workings of the marketplace and create your enter and exit plans, you can increase the returns on your money. If you enjoy cliffhanger moments, you can enjoy them regularly.  If day trading becomes your job, then you can gain freedom from punching a clock.  You can set your schedule, work from anywhere, and earn an unlimited amount of income versus a salary.

Cons of Day Trading

Day trading carries a high risk because there are no guarantees that you will make any money and you can lose the money you have.  There is some expense involved outside of having a current computer, and you may need to purchase software to help spot price variations and access financial information.

You will need some capital to get started, and the money could be lost.  Day trading can be stressful and time-consuming, especially when you begin, so pace yourself.

10 day trading tips
Timothy Sykes, a popular day trader, is an active member of Profit.ly. Click image to view website.

 

The Final Verdict

Day trading is risky, but it can also be rewarding.  As a beginner, spend the time to learn the ins and outs of trading and spend time watching the marketplace.  Initially, you may want to get a mentor to help you.  You will learn from a seasoned person that will help you avoid pitfalls and will help reinforce what you have learned.

The Emergence of the Social Trader

The Emergence of the Social Trader

Social Trader

 

A lot of the previous blog posts have dealt with investing and how technology and the internet have made things easier for the common woman and man. So it’s no surprise to introduce another concept: The Social Trader.

Social trading is a practice online investors employ to make financial decisions, in which they utilize user-generated financial content from sites such as Profit.ly and Etoro.com. Sites like these help the social trader to analyze financial data by supplying a common ground for copying and comparing trades, strategies, and techniques. Before social trading was possible, copy traders and investors had to rely solely on technical analysis to make investment decisions.  Today’s social trading investors are able to trade data-feeds of social indicators online with other traders.

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Social or copy trading allows online trading with the assistance of others. Many social traders claim that this ability greatly shortens the time necessary to move from being a novice to becoming an experienced Forex (Foreign Exchange Market) trader. All foreign currencies are traded in this over-the-counter market, which is the most liquid and biggest world market today. Social traders can watch others take trades, interact with other traders, and then copy, or duplicate, the most successful trades, and in the process learn why top performers choose the trades they do. By using copy trades, a new trader can learn what strategies work or what strategies don’t work.

 

What are some of the key features of social trading?

Transparency – By using trading platforms like InvestFeed or eToro, a social trader can find out the performance statistics of other traders, past and present positions, plus current market sentiment, which allows members all the information they need in order to appraise the site contributor’s credibility

Monetization -The ability to convert an object or asset into legal tender or money. It is possible for copy traders to learn a great variety of data about other users which will benefit them in the long run.

Cooperative trading – Through these online sites newer traders have the chance to work cooperatively in trading teams, pool funds, share information, and divide research up collaboratively.

Information flow – Social traders can benefit greatly by studying information exchanges that flow freely between financial investors. Freely exchanged information is valuable to individual investors.

How does copy trading compare to social trading?

Copy trading capabilities are available with assorted financial trading operators as one part of a bigger social trading platform. Copy trading permits financial market traders to automatically copy any positions that are managed or opened by a particular investor inside the social trading network. A portion of the funds of a copy trader is linked to a copied investor’s account. This means that all trades initiated by the investor being copied, like opening or closing positions, or assigning Take Profit and Stop Loss orders, will then be executed in the account of the copying trader, depending upon the allotted trading funds of the copier and the proportion of the investor’s account that is being copied. Copy traders usually have the right to disconnect from any copied trades and begin to manage these trades themselves.

 

A study of copy trades in 2012 demonstrated that traders who did copy trades on eToro with a “suggested investor” were 6 to 10% more successful than manual traders, and four percent more successful than copy traders of random investors. Research is on-going to fine tune a trader’s capacity to benefit sustainably from copy trading.

Social trading has become increasingly popular. Here is a listing of the most popular social trading networks available today:

  • eToro – This site is a social trading network as well as a broker and focuses on novice investors. New investors like this site’s simple mobile friendly interface A review of eToro can be found toward the end of this article
  • ZuluTrade – This site currently has the greatest number of investors and traders online. They provide complete trade copying plus social interaction capabilities
  • Ayondo – This German based site was the first to offer auto trading to UK customers in order to “spreadbetForex accounts. They offer stocks, indices, fx, bonds, interest rates, and commodities
  • Copyop – This is the most advanced and leading trading network for social binary options
  • CM Trading CopyKat – On this site you can copy and follow traders through a special “CopyKatSIRIX trading platform. Members can mirror trades from everybody on SIRIX
  • Profit.ly – This huge website deals specifically with instructing people on penny trading ins and outs. This site offers email stock-pick alerts, SMS, plus a private chat-room where users can find help. A review of this copy trading site can be found immediately below.

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Because they’ve become slightly more popular compared to the rest, we shall examine Profit.ly and eToro further:

Social Trading With Profit.ly

Profit.ly was created to introduce accountability, data-driven optimization, transparency and measurement into the world of online trading. Copy trades exist in abundance. However, concerns about stock manipulation as well as industry regulations sometimes prevent affiliates and members from being able to share information openly all the time. For this reason Profit.ly allows investors and traders to make private profiles where they can enjoy total account privacy.

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This online site has advanced analytic tools which allow social traders to measure their performance, and at the same time make a knowledgeable analysis of which trade setups work the best for them. Traders can choose from various different products that include the capability to track profits, verify trades, get on leaderboards, message and follow other traders, plus view the stats of other traders for $29.95 a month. $49.95 a month allows a copy trader to make a private profile (but you won’t have access to other traders’ stats). The Pro level costs $74.95 a month and includes a private profile, as well as access to the statistics of other traders.

Profit.ly founder Timothy Sykes has made a career of exposing misinformation and fraud in the online guru and penny stock industries. A new feature of Profit.ly is called the “Bernie Madoff“, which allows community members to weed out and expose those traders that are possible liars.

profit.ly
Click image to visit Profit.ly, the Social Trading Platform

Social Trading With eToro

Founded by Jonathan Assia, eToro.com, “the Facebook of trading”, is currently the leading social trade network in the world (excluding the US). More than 5 million investors are using this social investment network. Opening an account with eToro gives you immediate access to CopyTrader, which advertises that members can choose to copy from more than 3 million traders. Once you open an account you can utilize their OpenBook platform for searching top social investors. When a potential trader to be copied is spotted, a user can allocate a part of their funds and begin copy trading. Any information that the copy trader submits is immediately protected by state-of-the-art encryption technology to ensure that your information won’t be shared with any third parties. A new account can be funded with PayPal, Moneygram, or credit card.

etoro forex
Click image to visit eToro, the world’s leading social trading network

One interesting feature of eToro is that if “popular traders” are copied, they’ll be rewarded. Depending on how many copiers a Popular Trader has, they’ll receive monthly fixed commission payments. The topmost “Elite” traders will receive annually 2% of all funds that are under their management, as well as totally commission free trading. In July of 2016 eToro updated their “Popular Investor Dashboard” to include a CRM (Customer Relationship Management System) which enables more interactions between copiers and Popular Investors. There’s currently more than 5 million users on eToro, which appeals to professional traders that are interested in making some extra cash for their trading skills.

To discover more details on the popular Social Trading platform, consider reading the full blog post review on eToro.

On Mobile Usage in India – All the Facts

On Mobile Usage in India – All the Facts

Mobile Usage in India

What is not so well known about the long running war between iPhone and Android is that India is where the battle between Apple, Google and Samsung is being played out, with frantic intensity. India is the world’s fastest growing smartphone market, according to Gartner, with smartphone sales growing by 166.8% this year and accounting for 53.6% of the new mobile devices sold this year.

Mobile Usage Challenges

India may have been slow at providing basic amenities for its people – still a large number of households in India, especially in rural Indian and in urban slums, do not have access to drinking water or proper toilets. Still, a significant percentage of Indian children suffer from malnutrition and in many ways, the country is still technologically backward, suffering from a creaking infrastructure. But if there is one area in which India shines, and shines really brightly, it is in the national mobile device usage.

There are 1.25 billion people in India and according to the Telecom Regulatory Authority of India (TRAI), India’s premier telecom regulator, there are as many as 933 million mobile phone connections in the country. Which means that the mobile device usage in India is particularly high for what is still a very poor country.

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But that is not the full picture about the mobile device usage in India. The caveat here is that the number of unique mobile phone subscribers in India is actually less than half of the estimated number of 933 million total subscriptions. This is because Indian mobile phone users have an average of 2.5 sims registered in their names. While the sim penetration in India has reached almost 75% of the population, the mobile penetration has only reached 35%. There are more mobile phone subscriptions than mobile phone devices.

Promising Outlook For Mobile Usage

The anomaly is because the telecom market is highly competitive in the country, with half a dozen well established telecom companies battling it out for the attention of a vast population that grows richer and less poorer every year, and has more disposable income to spend, year after year. There is no question that many Indians are poor, but things are changing fast, and there is now no doubt that the country is on the right track. The fast growing mobile device usage in India is one of the biggest signs of a new wave of prosperity.

So to cater to the growing demands of a vast market, the big telecom companies in India, such as Airtel, Vodafone, Idea, Reliance and Tata DoCoMo and to survive the tough competition try trick in the trade to attract new customers, offering freebies and great deals for subscribing to their connections. This, coupled with the really cheap smartphones available in the country has spurred the mobile phone usage in India like nowhere else in the world.

The smartphone market in India is another huge success story. While there were 113 smartphones sold in the country by 2013, and proceeding year – in 2014 – the smartphone sales have been estimated to have increased by 166.8% – a truly remarkable growth. While iPhones are getting increasingly popular in India, the real battle for the attention of the Indian consumer is being played out by the various makers of Android phones. While Samsung still lords over the smartphone sales in India, it is facing great competition – not from Apple, Nokia or Lenovo – but from Indian manufacturers such as Micromax, Lava and Karbonn. Micromax has been a great local success story and its great success against Samsung has been widely covered in business publications in the country.

Also interesting is the fact that more people in India use internet on their mobile phones than on their desktop. The internet penetration in the country (for desktop usage) is still quite low, which is being made up by increasing smartphone sales.

Mobile Usage For Social Media

Facebook and YouTube are hugely popular in India and account for bulk of the internet usage on mobile devices. Facebook claims to have 100 million users in the country, of which 84 million are said to use it only through their mobile phones.

Another interesting fact which suggests just why mobile phone usage in India is so critical is that over 90% of Indian mobile phone users claim to do research on a particular product on their mobile devices before placing an order for it online.

Lastly, an overwhelming majority of mobile phone subscriptions in the country are pre-paid connections (93%). Not just poor or middle class Indians, even the rich prefer to have pre-paid connections because of the mistrust associated with postpaid subscriptions, where the telecom companies are known to make frequent mistakes with the billing.

eToro Review The Social Trading Giant

eToro Review: The Social Trading Giant etoro review

 

Here, we’ll get into an eToro review of the largest social trading website in the world. But first, for the unaware, let’s start with the basics.

Social Trading Platform

Social trading is the process via which investors use online data and financial content sourced from a multitude of web applications as the main source to drive financial decisions. Etoro introduced a new way to trade on the internet. In 2010, the company launched OpenBook, which is a crowdsourced investment platform. Using this platform, it is possible for first-time or inexperienced traders to copy the transactions of top investors in the foreign exchange marketplace.

 

Comprehensive eToro Review Video

 

EToro Revolution

EToro is widely considered the first and most advanced social trading platform. Subscribers have an immediate in with a community of experienced traders, as well as a social network within the investment world. EToro provides all the tools needed to trade in the modern marketplace. The platform enables you to:

  • Perform retail trading on the open market
  • Observe the other traders and copy their transactions
  • Use Copy Trading feature on the platform to automatically duplicate all trades made by your selected traders you choose

How it Works

EToro compiles the activity of all users and shares it with the entire community. This works like a financial transaction social network. Users can even like, comment and share on a user-generated feed.

Every trader gets assigned a public profile, which is open for consultations. Your performance is public and everyone can follow everyone else and replicate them.

EToro’s Performance Data

Once you’ve found a Professional Investor you want to copy, just click on their name. This brings up their profile, portfolio, stats, open trades, even their history and investment friends. This screen displays live trading feed of the trader. You have access to each live trade and any comments from other social traders, some of whom openly discuss their own trades. This is a tremendous opportunity for newcomers to learn the lay of the land.

EToro is second to none when it comes to the ability to quickly share information. Every investor can follow selected traders without copying trades automatically.

Video Example of Copying Top Traders

 

Markets Section

EToro Markets displays all products, such as currency pairs and stocks, that can be traded via CFDs (contract for difference, a contract between a buyer and seller that pays the current value minus the value at contract time).

Copy Trading

Generally, CopyTrader is an eToro tool that allows subscribers to choose a trader to copy and select an amount to copy for investments. You can watch how your account performs using this strategy. Here is additional information to consider before trying out this feature:

  •  Minimum investment is $100. Maximum investment is $500,000.
  • You can follow a maximum of 100 traders.
  • Minimum amount for copying is $1.

EToro Search Feature

This functionality lets you search for people or stock symbols and returns information on trades pertaining to the search criteria. The Top 100 traders, holding the most profits realized in the current week, are displayed. Here, you can review 10 instruments (indices, currency pairs and commodities) that they are trading at the moment.

EToro Advanced Search

Advanced Search filters on eToro help you figure out your favorite traders. The feature includes a risk level filter. You can search profiles by Average Position, Weekly Drawdown, Gain, Leverage, Winning Weeks, Win Ratio, Exposure and Min. # Trades.

social trading platform
Click image to browse eToro’s Social Trading Platform

Tips for Investing on eToro

  • Don’t always pick traders with the highest returns. Opt for frequent investors over “one hit wonders.”
  • Look for consistent, long-term returns, say 10-20% over the past six months.
  • To start, be conservative. Take advantage of the filtering tools to find traders with low-medium average risk
  • Diversify your investments over a bunch of traders; you can follow up to 100.
  • Etoro has real-time stock trading, and many investors who hedge and invest in forex and stocks simultaneously have more reliable long-term performance.

EToro Pros and Cons

Here are some great things about EToro:

  • Has tight fixed spreads
  • Guarantees stop losses and limit orders
  • Does not charge trade commissions
  • Available in four languages
  • Trade in Bitcoin currency
  • Price alerts
  • One click trades
  • Automated trading
  • Islamic and Arabic friendly

These are the cons:

  • Inactivity fee if not active in one year
  • Currently not available for United States citizens
  • No direct market access
  • No scalping
  • No VPS services
  • Charges fees to deposit and withdraw funds

Basically, eToro simplifies the amount of analysis that you have to do as an investor. This is a tool that lets you invest without siphoning through endless graphical performance data.

Some Attributes of Worthy Traders You Should Copy

  1. Their profile feed includes posts that demonstrate market knowledge
  2. Have low drawdowns (how much they’ve been down this week or month) under 10 percent.
  3. Consistent investment won’t have ridiculous returns in a short period of time. Look for long-term consistency, because these are sustainable without being reckless.

Islamic Trading Account

Islamic law forbids usurious interest rates in lending or borrowing money. This includes stock exchanges. The requirements to prevent Riba (usurious lending) include:

  • Stocks must be bought and sold without delay
  • Monies for each trade must be paid for upon the time of the transaction
  • Currencies should be directly moved from the seller’s account to the buyer’s
  • There can be no interest on any trades.
  • If any indication of usurious interest is detected, the contract is void as forbidden (Haram).
islamic forex account
Etoro – Available for opening an Islamic Forex Account. Click image to view site in Arabic

To resolve this issue, a trader can buy as much as his current balance allows or borrow from a broker, who cannot receive any usurious interest rates on the transaction. Also, no interest can be obtained from contracts ongoing for 24 hours or more, which means that the daily rollover of interest has to be zero on a consistent basis.

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Conclusions

The eToro website is dynamic and easier to use. Looking back through old reviews, it is easy to see how much they evolved and are still evolving. As the first and still premium social trading platform, they have set the bar high and rising. With easy to understand interfaces and constantly advancing tools, this site is an easy “Yes, please.” Starting risks are very low; you can join for $100 and, as long as you make one investment a year, there are no transaction fees.

It is great that they have an Islamic account that respects the Islamic culture in a very straight-forward way. That kind of forethought attracts diversity, which can only improve the social investing gene pool, in my opinion.

One thing I did not see anywhere was the risk of heavy investors manipulating trade. It seems to me that it would be easy enough to band together a with few super investors and create some real chaos. It apparently hasn’t happened yet, so, for now, I am going to enjoy my relatively new eToro count and see how well my performance tracks against my advice.

social trading
Click image to visit eToro, the largest social trading platform