Posted by John Concrane on March 20, 2020 in Finance
Torque trading systems review? Figure out if you want to go for longterm trades or short term trades. Are you going for short term trades with every penny you have to invest, or are you going to go for the long term with some and trading short term with some? Long-term investors will pay a lower tax rate if they can hold for over 12 months, but as a trade-off, they WILL have to sit through corrections (likely seeing their balance go down 50% plus on paper as often as they see it go up). Short-term investors can avoid corrections if they are nimble, but they’ll owe taxes on the profits from each trade they do along the way (see: how taxes work with cryptocurrency to understand how the long term and short term capital gains tax work with cryptocurrency).
During an ICO (Initial Coin Offering), startups offer the general public an early chance to invest in their idea through a crowded sale. In return, these investors are allocated tokens at a lower price with a promise to sell them at a much higher price when listed on an exchange. Time has proven that ICOs can quite successful with records showing that some tokens ended up more than ten times the value of the projected returns. But what’s the catch in this, you might ask… ICOs have attracted a large number of investors clearly due to their high returns; however, another large number of ICOs have turned out to be total scams. People have lost millions worth of investments.
The trading happens mostly in Vietnam where they have a lot of employees. The 24/7 customer support are in their rooms. The trading system is also well managed and running automatically, seeking out good trades every second of the day. Did I mention they have a mining farm in Vietnam? Yes, they started mining Ethereum since as early as 2016. I realised none of the arbitrage or crypto investment companies I dealt with is so transparent and friendly as they are. Does Torque Trading Systems have any Licence to Trade?To do arbitrage, there is no need to have a license. Anyone can trade crypto currencies. You just need to create multiple accounts in many crypto exchanges. Find a few more details on Torque trading bot.
But what makes Torque trading system so special are these few things: Their team is constantly upgrading different arbitrage strategies. They have evolved their strategies to a more efficient way called “three-way arbitrage”..
If you cannot afford to invest 1 ETH without not able to sleep peacefully at night, this investment is not for you (or any investments btw you should be able to provide your basic needs and save some emergency funds for your health). You should just put your savings in bank and let it depreciate… for now. If you are a risk-taker, you can invest more, and reinvest the profits to make your initial investment come back at a much faster rate (some sort of cash flow). Once you get back your initial investment, everything else is profits, and let that be a passive investment forever.
Kickstart your Torque account with only 1 ETH. Torque Portal: Get your very own Torque account with all of your information secured. We understand the importance of your privacy and we respect that. Monitor all transactions, transfers and daily performance. Online Support: We are always here with you. Speak to our 24/7 online support team to answer any of your queries or to solve any technical issues that you may face. Everyday, all year round. Discover additional info on https://torque.asia/.