Lucre (PreICO) Algorithmic Trading Platform for Cryptocurrencies
My article today will discuss LUCRE. The aim of this project is to become a blockade-based no-center platform that will allow investors to earn more money by providing signals for crypto money assets on the market through a project-developed algorithmic trading platform.
LUCRE is an exclusive automated trading system for Cryptocurrency, which was created to outperform the strategy of only holding Cryptocurrency. this project was developed by a team of 8 years of experience in trading algorithms.
The algorithm monitors the market to find buying or selling opportunities based on trading strategy specifications. Depending on the specific rules, immediately after the trade is entered, each order to stop the protective stop, stop trailing and the profit target will be automatically generated. In fast-moving markets, this instant order entry can mean the difference between small losses and catastrophic losses if trading moves against traders. There is a long list of advantages for having computers monitor the market for trading opportunities and executing trades. Some advantages are listed below:
- Minimize Emotions – The automated trading system minimizes emotions during the trading process. Because trading orders are executed automatically after the trading rules have been fulfilled, the trader will not be able to doubt or question the trade. In addition to helping traders who are afraid to “pull the trigger”, automated trading can curb those who tend to overtrade – buy and sell at every opportunity they feel.
- Ability to Backtest – Backtesting has applied rules in trading to historical market data to determine the continuity of the idea. Careful backtesting makes it possible to evaluate and refine trading ideas, and to determine system expectations – the average amount that traders can expect to win (or lose) per unit of risk.
- Maintain Discipline – Because trade rules are established and trade execution is carried out automatically, discipline is maintained even in turbulent markets.
- Achieve Consistency – One of the biggest challenges in trade is planning trade and trading plans. Even if the trading plan has potential profits, the traders who ignore the rules change whatever the system wishes to have.
- Increased Order Entry Speed – Because the computer responds immediately to changes in market conditions, the automated system is able to produce orders as soon as the trading criteria are met. Entering or leaving a trade a few seconds before can make a big difference in the results of the trade. Once a position is entered, all other orders are automatically generated, including a protective stop loss and profit target.
- Market 24X7 – because the Crypto market is open 24X7, it’s almost impossible for humans to trade every incoming signal at all times manually.
The purpose of the LUCRE project
The aim is to provide a signal-based centralized platform that signals the investors themselves and aims to provide an opportunity for everyone to benefit through the data analytical algorithms they make from the accuracy of these signals. The main idea of this project is to prepare to live with the aim of generating profits through signals that are not short term. In this way, it aims to offer high yield opportunities for all investors. This project is supported by a token icon and each signaling operation will be purchased through this token and will be able to win these symbols on the platform.
LCR tokens will only be sold during pre-sales and the main sales Token event. No further tokens will be printed after the Token sale event.
The only opportunity to buy tokens after LUCRE sales will be an exchange with the Token sales participants. If Algo is successful, it will increase interest in purchases and, as a result, lead to higher prices for LCR tokens.
Token Type: ERC20
Available for sale: 10,000,000 LCR (80%)
Pre-sale Price : 1 LCR = 0.77 USD
ICO Price: 1 LCR = 1 USD
Soft cap: 1,600,000 USD
Hard cap: 7,000,000 USD
Proprietary FX Trading company was created
First trading Algo was created for major FX pairs
FX trading opened for clients
Initial Research and Development for Cryptocurrencies
Develop Smart Contract
Finalize Smart Contract and develop dashboard
If you want to know more about Lucre, Below are some useful links where you can find more pieces of information
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4959492.0
Forum Username : andal02
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=1566211
wallet address : 0x0e73B7eB5a98731e25fcCf33919cED46a7aE0e50