This article will examine the Bitcoin price predictions of many experts in the broad finance and investment industry. Methodology: Experts were selected with a breadth of understanding and reputation in the financial industry. Disclaimer: This is 100% subjective, and we neither recommend buying or selling BTC as a result of this study. We are no … Read more
Annual Income The average annual income of a Crypto Trading Bot Developer is similar to algorithmic traders of $104,422 (source). However, due to the novelty of the industry, there’s little official data. If you assume an hourly rate of $50 and an annual 2000 hours worked, the annual income of a crypto trading bot developer … Read more
What are the short-term, mid-term, and long-term goals of coders in the Finxter community? Let’s find out! Overview Here are some meta stats about our survey: How Many? 63 survey respondents When? Survey date is January 2022 Who? Finxter Email List of people generally interested in programming Survey link: https://forms.gle/cbfCH9mxRYtH8SrS9 (feel free to participate before … Read more
Everybody talks about passive income these days. Is it a scam? Yes and no. Nothing can exist passively for an unlimited time. Here’s what passive income really means: passive income is a more or less slowly dying income stream. But the idea is still powerful and transformative. And there are a lot of income streams … Read more
This article explains how to use the REST API to access FTX in Python so that you can build your trading program. As you go through the article, you can also watch our article tutorial video: What is FTX? FTX is an exchange where users can trade various digital assets, such as cryptocurrencies, tokenised stocks … Read more
To become successful in business, you must solve two problems: How do I get capital? How do I allocate capital? Your business success will depend on how you answer those two questions. If you have a large income but you spend it all on stupid things, you’ll fail. And if you have no income but … Read more
? Part I: Risk-neutral valuation, Monte Carlo integration vs. the Black-Scholes formula You can find the code in the GitHub repository for this article. The Black-Scholes (BS) pricing model is still a de facto standard method of pricing financial options. Even though there has been much research into improved and possibly more realistic models, the fact … Read more
MACD is a trend-following momentum indicator used for trading. It consists of two lines: The MACD line is calculated by taking the difference between short-term EMA and long-term EMA. Exponential Moving Average (EMA) assigns weights to all the values due to a given factor whereas the latest data point gets the maximum weight, and the … Read more
A simple moving average (SMA) is calculated by summing over a fixed number of last prices, say k, and dividing this by the number of prices k. Depending on the selection k, you can obtain short-term or long-term SMAs. Short-term SMAs respond quickly whereas long-term SMAs respond slowly to changes in the prices. You can … Read more
In this article, I’ll develop a simple model on how to value Bitcoin. Valuation thesis: Bitcoin will replace the SWIFT bank-to-bank settlement protocol. Valuation methodology. Bitcoin is now the largest, most decentralized, and most secure international monetary network in the world. This makes it a perfect candidate for bank-to-bank settlements of high-value transactions. Currently, these … Read more
What is Staking with ETH 2.0? Ethereum moves from a proof-of-work to a proof-of-stake Blockchain technology with its upcoming launch of ETH 2.0. This means that the network is secured by ETH “stakers” rather than ETH miners or validators. Staking will be the ETH 2.0 equivalent of mining. As a reward for securing the network, … Read more
A recent Binance Research study shows that approximately 95% of all Bitcoin holders are men. My daughter is twelve years old. I want her to live in a world of equal opportunity. Her gender shouldn’t play a role in her choice of profession or how successful she’ll be in any field she chooses, whether in tech, finances, … Read more