How to Trade Ethereum: The Beginner’s Guide to Ether Trading

Are you one of those who wants to make sure that their knowledge regarding the technological changes and inventions are up to date? Then this topic is something that you are definitely going to love.

In the world of Windows and macOS, a new and improved software platform has arrived into the market. This brand new software platform is known as Ethereum and it is making the users in the market go crazy and the only reason behind it is that it is built over decentralized application which helps the users to pay for anything built for Ethereum in terms of Ethers.

Thus, in simple terms, you can understand it in a way that Ethereum allows you to trade Ether in exchange of offering you softwares.

So, today we will talk about how you can trade on Ethereum and also, we will go through a step by step procedural guide as to how you can starting Trading on Ether. So, let’s jump right into it.

What Is Ether and How Is It Related to Trading?

Ether is the term given to the currency or money with which we deal in the Ethereum Network. Now, when it comes down to the core of the matter, Ether is more or less just like Bitcoins and is a part of the cryptocurrency world.

But, regardless following somewhat the same pattern of existence, both of these currencies manage to differ from each other and at one point ether beats the purpose of using Bitcoins completely.

We all are aware of Bitcoins and how they are the current big things in between Netizens. This is something that is going to be dethroned by Ether.

The reason behind this statement is that, unlike Bitcoins or other crypto coins in general, Ether does not come with a risk of getting lost just because of a computer crash or hardware fault. Not just this but the production of Ether is being done at a much-monitored rate.

This all is being done in order to make sure that the market rates of the Ether do not go out of the hand so much that the hosting services fail to get the hosting of the applications of Ethereum.

Also, as they are producing on regular terms, the main aim of Ether producers is that they want to make an equilibrium between the coins that are lost every year and the coins that are produced in the respective year.

Although this is a farfetched concept, with this, an equilibrium will be maintained in the crypto world and you will not have to worry about the fluctuations and unrealistic hosting prices like we all are facing with bitcoins.

Guide to Trade Ether on Ethereum

Now, as we have understood the basics of crypto network and how it is getting out of hand, it is time to understand how you can start trading Ether on Software platform like Ethereum. So, let’s start.

Step 1: Singing up an Account on an Exchange Network

So, in order to begin the trading of ether, the first thing that we need to go forward is an active account on any one of the exchange platforms. There are several good exchange platforms in the market right now such as Delta.Exchange who offer great safety and security to the users.

Delta is one of the few exchange networks who offer you the flexibility to buy Ether directly from the exchange. Meanwhile, there are other exchange platforms where you are supposed to buy Bitcoins or Ripples first and then you can trade it off with Ethers.

So, here is a complete list of exchange platforms where you can set up an account for Ether trading:

  • Bitfinex
  • Kraken
  • Poloniex
  • Delta
  • Coinbase

Some of these even offer you the ease to convert $10 into Ether which is pretty handy for someone who is new to all the crypto world. Now, the things that you require to set up your account on these exchange platforms are proof of user’s Identification and that is just it. Also, there are some exchanges that do not require you to set up an account for the conversion of other currency into Ether.

Step 2: Select the trading strategy

Once your account is set up and you have it filled with Ether, now is the time for you to select a trading strategy which suits your needs best.

These strategies are Buy & Hold, and Active Trading. If you prefer to store the currency for long-term usage then certainly Buy & Hold option suits your needs. But, if you are more of a frequent user and are in a need to make profits quickly, then Active trading is the best for you.

So, in the end, all you need to understand is that, if you are not looking to get into something risky like Crypto coin trading, then Ether is the perfect fit for you.…

4 Profit-Boosting Strategies for Wealth Managers

After a chaotic tenure of tumbling asset prices along with downward-spiralling of proceeds during the financial crisis in world’s leading firms, the global wealth management is considerably gaining some of the grounds it went astray off.

After four years of the financial crisis, most of the economies like one of North America are now rising in Assets under Management (AUM) around world markets.

Booz & Company recently conducted out a global study based on quantitative market analysis through the insights from in-depth interviews with more than 150 wealth managers, regulators and senior financial advisors.

The study was concluded to three reasons behind rising AUM. The first reason is the expanding market economies while the second one is attributed to rebounding equity markets worldwide.

These equity markets are getting greater inflows of assets from the potential investors. The third reason is an obvious little one- the number of individuals with more than US $ 1 million are growing with relative high pace of 2-3 times than the gross domestic product in most of the world markets.

However, new global regulations like the ones for greater scrutiny of undeclared assets kept offshore, rapid advancement in digitization, changing customer behaviour and fluid competitive landscape have resulted into fell in the pretax profit margins for most of the wealth managers across the globe. This fall is likely from 37 percent to 16 percent in Europe, from 30 percent to 12 percent in Asia and from 29 percent to 21 percent in North America for the years from 2007 to 2012. All these factors have permanently altered the rules and have lead to a significant rise in the cost of doing business.

The On-going Transitions in Industry

The financial industry is facing an unprecedented degree of regulations in the capital, derivates, liquidity, corporate governance, transparency in income and assets kept off-shore and proprietary trading.

The only good news is that one can prepare in advance, as there is a somewhat certainty of the shape of global rules these days. Talking specifically, the climate in tax havens has radically changed because of these international compliance and transparency rules.

The other significant change that has erupted is from the new transparency laws by U.S. Foreign Account Tax Compliance Act that puts a compulsion on outside banks to disclose the bank accounts of U.S. nationals.

Besides transparency and taxation issues, other few regulations to improve customer’s “suitability” like compensation and altering traditional distribution are bringing changes to the wealth management industry. Moreover, the retro cession’s are about to be banned which would ensure reduced costs for clients with a reduction in profits of banks.

Furthermore, client protection initiatives such as elimination of conflicts in interests and documentation of clients meetings are being pushed by national and international regulators to match the investment risk with client risk tolerance.

Also, customers experience on websites such as Amazon and Google or Tablets and Smartphone’s like devices- influences the expectations of industries for their wealth management.

Additionally, digital providers are focusing on wealth management market from all new angles leading to investment advisors providing real-time personalized advice along with innovation tools for better setting of revenue goals, rebalancing of investments and to monitor the performance of one’s investments.

These new digital entrants have furthermore pushed forth bitter challenge towards established wealth managers.

The Basic Four Responding Priorities

Believing that wealth managers can maintain good terms to changing dynamics in industry, we put forth four priorities that wealth managers should focus on:

1. Applying a capability lens: Initially to begin with- the priority is to decide that wealth managers would like to play whether in on-shore, off-shore or both types of market. Profit in high-growth markets is made much elusive with the promise of underlying growth, and one needs the patience to deal in such markets.

Next the big thing is to apply a capability lens that will help them identify the markets where one can provide a distinguished set of products and services; one is good at.

2. Value Proposition- Rethink! : Wealth managers should improve the way they pack products and services to various customer segments, and should go in compliance with new regulations that deal in client suitability.

The price needs to be effectively modeled as customers are becoming much aware towards what they are likely to invest in.

3. Digitization: This aspect varies significantly as per the region. It is likely that digitization is much needed in countries like US whereas at some places this demand leverages only for big players.

Digitization gives greater prospects of what the customers requires and desires. Ultimately superior customer experience is the thing that guides growth.

4. Adoption of an Approach that Well-Fit to Growth: For long, wealth managers have been incapable of lowering their costs to escalate the cost of business. A fit-for-growth is ensured through proper articulation on cost agenda.

Thus, wealth management practices should progressively be made to adapt to these new environments.

Crowd Investing Alternative Financial Force

There are different ways of investments; different ways of making money and now a day’s thanks to the internet you can make money very easily.

Just by making use of a software setup (Swggr) you can make money; By posting restorative images your friend and also of yourself and getting loads of likes can get you shopping rewards and for this you have to make a minimum investment is US$10,000.

Crowd Investment

Where can you find such relatively unknown and new subcategory of financial services? The answer is Crowd Investment.

Now you would want to know what Crowd investment is? Crowd investing is the exchanges that are made online to generate monetary support. Here you are rewarded with products, and if you are lucky, enough you would get some money in return as well.

One such Act was passed in U.S in the year 2012 (Jumpstart Our Business Startups (JOBS) Act) through which the governed in encouraging the investors to do Crowd investment. Here the companies solicit and advertise funds directly from the public.

Earlier only people who made investments in millions were allowed to do such investments but thanks to this act and to the Securities and Exchange Commission, who relaxed the restriction, now common people can also make investments.

To this relaxation of restriction in the matter of crowd funding President Obama had commented that “ordinary Americans for the first time will be able to go online and invest in entrepreneurs that they have faith in.”

Earlier the people with the help of a private company were making such investments but as there were no assured returns, so the Investors entered the market at their risk, for his they rely on their contacts with the businessman and also on the guidance engines.

Important information that you would be amazed to now is that 70 % of crowd investing serves involve equity arrangements. The investment that is mad may survive 5 to 8 years and sometimes can also make to its 10th anniversary. But there is chance that the investment that you have made assures no returns.

As mentioned earlier that you might not be rewarded for you investment. So we can say that Crowd investing offers both opportunity and challenge to conventional banking.

Recently an interview was conducted with Kevin Grieve, a noted management consultant, who said that if Americans transferred just 1 % of their capital in investment and savings accounts into backing small businesses, the overall would equal nearly 10 times the venture capital.

Few firms are already exploring the field. Few examples are Australia’s Westpac Banking’s, Santander UK and Funding Circle. As U.K comes second in Crowd investment, the government has made it mandatory for the banks to direct small business customers.

People don’t opt for the option of loans; they are not much regular. According to the findings some amount can be exchanged for equity that include 20 % are convertible loans, and 9 % are straightforward debt.

These crowding loans can even be set up in such a way that instead of a lump sum in return they can get revenue until they have received all their money.

Great Success

According to the statistics, crowd investing is already a great success; it has fostered $ 600 Millions in investments since the end of 2013. The highest crowd investing platforms in the U.S are 350, in the U.K. 90, in France 50, and 30 each in Canada, Spain, Germany, and Netherlands.

Investment can even be done through lending sites, online brokerages, and mobile payments processors. Thanks to the new technology such as apps, social media and e-commerce.

Crowd investment is a new concept in the market but the investments done in it would assure economic growth in long run.

4 Leadership Styles on ‘Game of Thrones’

The popular TV series ‘Game of Thrones’ certainly keeps the audience on their toes with the right mix of power dynamics as well as the political schemes that are more regular in natural.

Every character of this television series are available with a different approach to the quality of leadership, leading the characters to various levels of success.

Although today’s workforce is not as set in the mythical land of Westeros as was during medieval times, but still there are lessons that can be learnt from the major successes and also from the failures of these characters.

Some of the different leadership styles that have been observed in this iconic show, can be implemented at a real life working scenario to create a far better environment at work, entailing a higher level of employee engagement:

The surreptitiously self-serving leader

The manipulative Cersei Lannister isn’t someone who can be considered in the place of a leadership position by major popular vote. She also knows quite well how to get the things done accordingly, but her approach is a little shady, moreover that of a secret worker with others being behind the scenes.

This approach isn’t much far from one some leaders take today. Today only fewer employees believe that their managers are more polite and up-front with them, in accordance with the APA’s 2014 Work and Well-Being Survey, which surveyed 1,562 full-time employed U.S. adults between the months of January and February.

Unlike Cersei, the leaders need to build the finest culture of trust through open communication without keeping even amiable secrets from employees.

Employees can tell when the managers aren’t honest and, in fact, 32 percent of employees in APA’s study reported their employer is not always honest and truthful with them, and 24 percent of them don’t trust their employer.

The naive leader with the desirable best intentions

Daenerys Targaryen wants to turn her every decision more correct that could be acceptable to the people around her, but her youth and naivety leave her susceptible to being misled by others.

Eventually, she makes up for what she lacks in wisdom by substituting her people first, as a good leader do all the time. The employee’s perception of his or her leader’s involvement in his growth, development, health and safety was particularly observed in APA’s study.

The finest efforts made by the leaders in these significant areas are accounted for about 27 % of the variance in predicting work engagement.

Although as a leader it is very important to be committed to the growth, development and also for the well-being of the employees. Even leaders who aren’t the most seasoned gain advantage by putting employees first.

The leader who’s not so great with people

Stannis Baratheon is a determined leader, but he’s not exactly a people’s person and he can come off a little rough as well as cold hearted.

His truly high expectations convert him to a little critical as he values success, like most of the leaders do. And, of course, leaders always want their employees perform their best, but the wrong response or the wrong feedback can disengage employees quickly.

The positive feedback is the prime key to reinforce prominent behaviors and performances leaders want to see repeated, in accordance to the 94 percent of the population in SHRM’s 2013 Employee Recognition Programs Survey.

Only minor population among them is believed to be having negative feedback that can improve employee performance. Instead of constantly correcting the employees, give positive feedback to lend the utmost support and thereby encourage continued good practices.

If a correction needs to be done, then address it along with what employees are doing well so that they can substitute negative actions with more positive ones.

The young leader who inspires engagement among the employees

Although he is quite inexperienced, Jon Snow knows how to inspire others by his action. He leads by example, which also inspires others to join him in his admirable ventures, no matter how impractical they may be. His bold moves captured his followers’ attention, and there’s no doubt in their alertness and engaged in what’s to be done next.

With nearly a quarter of working Americans in APA’s study reporting very low levels of engagement, it seems leaders could learn from Jon’s style. Similar to him a good leader doesn’t order people around but jumps right into the front stature in a specific line.

Leaders should take the utmost initiative in performing the duties that they can expect employees to do and thereby the employees consider leaders are rolling up their sleeves and bravely accept the difficult tasks and accordingly perform their best.

Be a Leader not a Boss

To have the best business and see astounding results, you need to have a great team that is ready to put in as much effort as you can. But to have a team like this, you need to be a great boss and also know how effectively you can lead them.

Being rude and obnoxious and irritating to your team over trivial matters won’t help you. You can get away with it as you are the boss but you will never be able to build a strong and steady team that will remain loyal to you.

So, above all, the most important thing one can do is to make their team members feel important and significant about themselves.

Here are the seven tips to help you become just that:

1. Be a team player and eradicate the word “boss”. This word sounds all dominant and too shrouded with pride. This is not what you want your team members to feel about you.

So, nix this word and get some work going. Be a good leader whose footsteps everyone will want to step in and not follow the wrong notions.

Also, this will give your team the life they need to work better and be on the same page with everyone else. You will have a renewed spirit to achieve success yourself.

2. Be open to the ideas of your team members. Brainstorming with the people who are helping it grow can be the best thing that you can do for your company.

This is because people will genuinely come up with good ideas. The best way to do this is to encourage your team to come with new and better ideas. If the idea lacks substance, then encourage them to improve upon the ideas instead of shooting it downright.

This will help your team members to open up. If any great idea comes up, put it in action right away.

3. Assign work to team members that they will enjoy to accomplish. This is very important.

If you want your teammates to feel important, then you should give them the task that they would love to do. Of course, there are other tasks to be looked into too but then never back down from giving them something that catches their interest. You can always mix and match stuff.

4. Give your team members their due credit and the required praise. Everyone loves compliments and praise for their hard work. It also boosts up their personality and every other spirit to do better.

This would help them perform better and give them the boost they need. Praise them in front of the staff and publicly and point out their exceptional work.

5. Never demean your team members. This is one of the points that you should always keep in mind. Remember that they are your team players and they should not carry any grudges against you, and this is possible only when you ensure that they are feeling safe.

Never talk to them in a way that hurts their self-respect. Also, never put them down, either in person or front of everyone. This will just take their zeal. People will not like you and that is the last thing you want from your team. Always handle the situation with integrity and treat your team members with respect. That is what a leader would do.

6. Build a rapport that is more than the professional bond. Connect with your workers and know them better on a personal level. This will give them the right vibes. Know about their family, their hobbies and the things they like the most.

This would help them feel safe, and you will create a connection. But be cautious so that you don’t cross the line, and step in their comfort zone making them feel uncomfortable.

7. Show that you care and give your team members the much required break. This helps a lot as you will be showing your workers that you are not a tyrant, and people can approach if they are in any urgent situation. If you see signs of distress in someone, give them a break so that they can relax and come back with a positive mind frame the next

It’s all about good communication and a healthy attitude that will let your workers know that you care. This would help them grow and also help your company achieve milestones.

They are people, and if they are treated with respect and dignity, they will always put in their best because they will feel a part of it. And they will feel so if you put in the efforts to give them the required direction and guidance. Being a leader is important than being the boss, and it will go a long way