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Management

Iconomi - a LONG story that nobody cares to understandDespite the fact that that ICN got no pump during this recent bull run on basically all the alt coins out there, the fundamentals have not changed, i'm still holding and i'm gonna do it until 10$ but that's not what most people want because it is at least 2 year away. Is funny how people are waiting for etf's here and there when they got a fund out of SEC approval right in their faces, ICN is not just a coin that sits in the portfolio and does noting, you can see it as shares in the company since your're going to receive weekly dividends ( to get them you have to hold min 42ICN in your ether wallet) ; this project is a bit more complicated at first glance because we talk about ICN, ICNx and ICNp which are 3 different things. And later on the OFM platform ( open fund management ) ------- The ICONOMI.INDEX FUND ( ICNx ) will reflect the development of the credible cryptocurrency market. It will be transparently managed and traded on major exchanges. ICONOMI.INDEX fund will include several thoroughly researched cryptocurrencies, including Bitcoin, Ethereum, Lisk, Steem and other major value tokens. The ICONOMI.PERFORMANCE FUND ( ICNp) will aim at high performance - multiplication of investment. It will be actively managed by a team of ICONOMI experts. The team will scout for propitious early investment I.C.O opportunities (crowdfunded startup projects and companies). Through the company-focused fund, everyone can become a venture capitalist, without any of the hassle and capital requirements. The ICONOMI Open Fund Management (OFM platform ) is a simple management tool where traders with knowledge and experience create their own investment funds. Investors, on the other hand, are able to invest even the smallest amounts, offering a clear overview of available investment fund managers and their current & past performance. The ICONOMI Open Fund Management (OFM) platform will disrupt the asset management industry. ------ This project is due to news in 2-3 weeks, ICNx is about the launch the beta phase, if people would do their research ICN would be at 1.4$ by now but at some point they will, it's inevitable, meanwhile is a screaming BUY.
ILong
by outboxvision
5
"Money is made by SITTING, not TRADING" - Jesse LivermoreOne of the major reasons why traders lose money is because they ride out their losses and close profitable trades too early. While being patient can help us to achieve our maximum profit potential, being patient on the wrong side of a trade can be costly. This is a great insight into why we are naturally predisposed to riding out losses and not quitting while we are ahead. It's an exert from a book that I recommend you all read called "Trading For A Living" by Elder Alexander. "Roy Shapiro, a New York psychologist from whose article this subtitle is borrowed, writes: 'With great hope, in the private place where we make our trading decisions, our current idea is made ready....one difficulty in selling is the attachment experienced toward the position. After all, once something is ours, we naturally tend to become attached to it....This attachment to the things we buy has been called the "endowment effect" by psychologists and economists and we all recognize it in our financial transactions as well as in our inability to part with that old sports jacket hanging in the closet. The speculator is the parent of the idea....the position takes on meaning as a personal extension of self, almost as one's child might....Another reason that Johnny does not sell, even when the position may be losing ground, is because he wants to dream....For many, at the moment of purchase critical judgement weakens and hope ascends to govern the decision process.' Dreaming in the markets is a luxury that nobody can afford. If your trades are based on dreams, you are better off putting your money into psychotherapy." If your trades, before you enter them, do not have predetermined take levels and stop loss levels, then you are setting yourself up to fail. Sitting really does make money, but before we sit, we must first SET and FORGET. Happy trading, AvidTrader
Education
by avidtrader89
9