YOU need News to Trade!

in #ethereum6 years ago

Traditional investing is comprised of myriad resources that provide convenient up-to-date market knowledge to investors and traders.

Cryptocurrencies are a novel investment channel. Despite the widespread investment interest this market has attracted, there is still plenty of room to cover to allow investments in the crypto market to reach the calibre heled by traditional assets. One of the primary issues that plagues investments in this market is speculation, which is a necessity for multiple reasons. Many of the projects in the crypto market are in their early phases of development; this is a cause of speculation that cannot be mitigated. However, a new project, Darico, has plans to target other causes of speculation.

One key cause of speculation in this market is the lack of information availability. Traders in traditional markets are able to access the Bloomberg Terminal or the Reuters Eikon, which are services tailored to provide active market participants curated news on the major market events and the primary shifts in individual companies. Such tools enable traders and investors to take market positions that are driven by educated decisions and therefore the market is able to move in a direction caused by rational trades and explainable causes.

Cryptocurrencies, on the other hand, are highly speculative and one key cause of this is that even baseless rumors can stir market movement. The cause of this is that there isn't a dedicated, reliable source of information that active market participants can utilize to reference or catch up on major events. Darico wants to change this.

Access Crypto Market News

Darico is creating a trading platform that provides cryptocurrency traders and investors a sophisticated resource to fulfill their needs. Darico provides the cryptocurrency market with an asset-backed currency that can ve used to access features in the Darico Ecosystem.

Darico is comprised of a suite of services.

  • As any key platform that aims to serve traders and investors, Darico has its own exchange names DAREX. However, unlike existing exchanges, the exchange provides a new, additional feature: the CHAWK index fund. This will be a managed fund that will give passive investors the opportunity to enter the crypto market.

  • An essential measure of any platform that aims to serve investors is to provide a secure wallet. Darico provides a multi-currency wallet that allows investors to hold their assets in a secure wallet.

  • In order to add constant utility to its ecosystem, Darico will provide users with a debit card powered by DePay. The card allows users to spend cryptocurrencies in real life. This combines the utilities of the ecosystem's internal wallet, which will store user cryptocurrencies, and the exchange, which will enable the instantaneous conversion to fiat to execute the transaction.

These services allow Darico to offer a suite of services that do exist presently, but now in one ecosystem. The unique factor of Darico, though, is that all these features are complemented by the Darico Terminal. The above-stated features of Darico aim to support traders and investors in ways that existing projects already do, but the Terminal is the first of its kind step to carry cryptocurrency markets a leap forward.

The Darico Terminal is integrated into the Darico Ecosystem to ensure the exchange is able to support trades and investments lead by educated executions. Users will be able to easily access major crypto market news and events, related to coins or tokens of their interest. This will greatly mitigate speculation as people will be able to monitor important news of the assets in their multicurrency wallet, the assets included in the Darico index fund, and those they intend to buy or sell on the exchange.

The Darico Terminal provides the key feature that has been missing in cryptocurrency trading platforms: a complete information hub. The addition of this key service within the Darico Ecosystem allows users to trade or invest in cryptocurrencies with the decision facilitation presently available to traditional markets.

Darico Essential Links


🌐 Website: http://darico.io/
💡 Whitepaper: https://darico.io/en/Darico-Whitepaper.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=2852281
💻 Telegram: https://t.me/joinchat/FnQXt0xwkfTn_3V1KU98Jg


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Hi @hatu news plays vital role in crytpo market. Every other day something is happing in crypto world. Sometimes positive news pump the market and if get that prior to the price pumping then we can surely make good money out of it. Same happens for negative news as well and vice-versa.

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True, the news flow in this market is quite intense and remains the primary factor in any coin's market cap.

The real problems in trading crypto are the people who love to pump and dump instead of supporting the project of each coin. Thanks for sharing this article.

P&D actions are not as easy now because a lot of people have become aware that those campaigns primarily benefit the organizers.

Exactly good news come with pumping and bad news come with dumping as cvc comes with upbit adding good news and pumped around 300% with single candle of 30 minutes lol

Precisely.
Choppy and ineffective access to news and updates creates price swings due to strong speculative positions.

Yeah its true ..

If darico terminal provides the key feature then there is the biggest chance of success.

The concept has good potential.

too many currency are there which to invest hard to decide

The Darico Ecosystem Coin serves a utility, not exactly a pure currency.

Investasi very good.. Amazing

Thank you :)

A chance of success😉

Another amazing project dear brother.

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