Hi everyone,I will be presenting you a promising and an awesome undertaking this time,as all of you realize that Crурtосurrеnсу hаѕ bееn аblе tо рrеѕеnt аn еаѕу tо uѕе dіgіtаl аltеrnаtіvе tо fіаt сurrеnсіеѕ. Crурtосurrеnсу еmрlоуѕ thе uѕе оf сrурtоgrарhу thаt аѕѕurеѕ hіgh-ѕесurіtу рrосеѕѕеѕ аnd vеrіfіеѕ trаnѕасtіоnѕ реrѕоnаl tо еасh uѕеr. Hence, counterfeiting and anonymous transactions are impossible to achieve.
Consequently, it is basic as crypto speculators to be among the main who join the new patterns of blockchain platform and this lead me to One of the core tenets of blockchain LUCRE , an automated algorithmic trading system based on statistical analysis of data from the last 5 years (for BTCUSD).
Overview of LUCRE
The LUCRE project developed an automated trading-algo system that uses historical statistical data over the past 5 years (for example BTC vs. USD). This makes it possible to trade bots to execute trading crypro using user-programmed scripts and can be automatically executed via a computer.
The main motive of the LUCRE project is to build Algo-Trading (bots) that use cryptos for trading (both, ‘LONG’ and ‘SHORT’) and generate returns that are better than just ‘HOLDING’ cryptos.
The LUCRE project is conceptualized by LUCRE Continuum Limited, registered on St. Kitts and Nevis as International Business Corporation with registration # C50100.
However, LUCRE as delivers a new mindset for crypto traders and token holders to leverage the value of their assets as much as they can by investing them in trading. To make them feel complacent of the probable downfall caused by trading, the team behind LUCRE has developed an automatic trading algorithm that leaves no empty spaces behind while analyzing market trends and risk factors to ensure minimal losses and high gains. All trading activities will be simply carried out by a computer alone and users can just monitor their assets’ and the market’s performance all in one view.
The trading will be done in two spans, long and short. So when the market is falling, the algorithm will generate profit by cutting the investment short and minimize losses. All information learned by the algorithm was a result of over 8 years algorithmic trading experience of the team and through the use of complex quantitative models and algorithms embedded therein.
The LUCRE Benefits
LUCRE solution is that trading exercises will be independent of the user or the trader’s emotions. Emotions usually drive how traders deal with the market. Fear limits the possible growth lying around the horizon and being too complacent blinds the underlying falls in the corners. The automated trading process helps buying and selling at an opportunity that maximizes gains.
LUCRE can also do some backtesting. Trading rules are being derived from historical market data and will be applied to evaluate the system’s trading performance and expectancy of market values. These expected market value is critical for the users’ amount of loss and gains.
Discipline will also be exercised given that trade execution is done automatically, leaving minimal human interferences. The automation will bring forth consistency in trading results for all parameters are being monitored accordingly. LUCRE’s algorithm to predict when to cut short or lengthen a trade brings optimized and more efficient trading results.
Lastly, users will be trading 24×7 through LUCRE’s algorithm. And as human as we are, doing so is impossible. So the use of automation makes this possible where market highs and lows are strongly monitored.
A year’s worth of performance data of the algorithm used in trading versus HODLing tokens in terms of value.
MARKETING RELATIONS AND PARTICIPANTS
The LUCRE team will invest significant time and effort in marketing marketing Tok Token, targeting participants in the traditional financial sector, through the production of information sheets, explanatory videos and planning documents that are easy to understand. LUCRE will focus on marketing exclusively on unregulated markets. No promotion or invitation will be held where participation is prohibited or is likely to be prohibited in the near future in order to remain in accordance with local law.
The LUCRE Process
Participants will first apply for some LCR tokens and get whitelisted. Once whitelisted, participants will be sending funds to LUCRE’s public address during the Token Sale Event. Once received, the Smart Contract will be sending in LCR tokens to the participant’s wallet.
LUCRE Token Sale Details
Price: 1 LCR = 1 USD
Soft cap: 1,600,000 USD
Hard cap: 7,000,000 USD
Information on the project
Technical description: https://www.lucretoken.com/docs/Lucre_WhitePaper_EN.pdf
Twitter: https : : //twitter.com/LucreToken
On YouTube: https://www.youtube.com/channel/UCtVIzNXdfTGYHUPV4eh8TEw
Means: https: //medium.com/@LucreToken
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