Category: Content

It is unbelievable how many people want to learn to invest but, for various reasons, do not dare to do so. Trading entails buying and selling more frequently to accumulate wealth sooner rather than later and is, therefore, more profitable than buy-and-hold assets. Traders must either make a profit or lose money. With these five ideas for learning to invest in the stock market, I hope to assist you in becoming a master in this field without having to do it alone.

Tip #1: Learn to invest from the best

It’s critical to understand how to separate the wheat from the chaff. False investing gurus abound in the media, particularly on the internet, advertising infallible strategies to invest in the stock market and quickly make money. Most, if not all, of them are con artists who earn a profession by selling worthless books and courses at inflated costs.

We must look at the historical profitability of their investments to figure out who the best are Warren Buffett, Peter Lynch, David Einhorn, and Phillip Fisher, the managers of Best Inver. They’ve all made excellent returns on their investments, making many shareholders and fund participants wealthy who have put their faith in them over time. If you’re lucky, you can make a lot of money in a year, but the value of an investor is proven over time.

What do most of the most successful investors have in common? They invest in long-term stocks based on the value investing theory. They don’t day trade, scrutinize charts, or invest in derivatives with high leverage. Do not sell the bike with wrong promises; focus on value investing if you want to learn how to invest like the pros.

Tip #2: Read a lot and of quality

We must begin to work as soon as we have determined that we will learn from the best; that is, we will learn to invest using the foundations of value investing. The most excellent way to do this is to read a lot. But it isn’t sufficient; we also need to seek out high-quality content. There are three key content sources that you should not overlook:

Books: The source of all wisdom. Because there are so many investment books available, I propose that you look through my list of “recommended books to learn to invest in the stock market, “which will surely be useful. I always start with Benjamin Graham’s “The Intelligent Investor,” which lays the basics of value investing and teaches us how to think like an entrepreneur investor.

Blogs: Today, we are lucky to have this great free resource at our disposal. I see some highly recommended investment blogs in Spanish in my links section.

We can’t rule out the use of social networks for investors as a source of information. Take an eye at my article on the three social networks for investors worth being on to figure out which ones to use.

Tip #3: Be patient

Before you begin, you must understand that learning to invest takes time and a long time. Furthermore, investing is a lifelong art that necessitates ongoing study. The learning curve for inversion is quite like that of martial art. You can learn the fundamentals in less time, but becoming a great master takes a lifetime, and the learning process never ends.

Tip #4: Apply Theory

To learn to invest, you must have an excellent theoretical foundation. Practice, on the other hand, should not be overlooked. It is vital to strike a balance between theoretical and practical learning. For example, you can begin by studying the results and annual accounts of a few publicly traded firms to gain experience. Then it will be easy to assess the companies in-depth in the future.

Tip #5: Be consistent

When it comes to understanding how to invest in the stock market, as with diets, physical exercise, or studies, consistency is essential. As the Roman poet Ovid said:

“Not because of its energy, but because of its cons instance, a drop of water pierces the rock.”

My advice is to create a roadmap with defined goals in mind. For example, every month evaluate a corporation or every two months, read a book. What matters is that these goals are specific, attainable, and appropriate for our time and knowledge.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Workplace resistance to change can present itself in a variety of ways. Absenteeism, missed deadlines, broken pledges, and a general sense of apathy are all signs that an organization’s members are not fully involved.

Leaders must determine where resistance is most likely to arise and design a strategy to avoid it to address these issues. Specific tactics help organizations overcome weak opposition to change in this manner.

1. Always start with an assessment of the current process

When trying to describe the three stages of change, such terms are used as:

• Present state – the organizational environment and procedures before the start of the implementation of transformational initiatives,
• Transitional state – the period of performance of changes in the company,
• Future state – the form of the organization after the transformation is completed.

Resistance can arise at any of these three stages and is based on specific problems or causes in each of them:

The exit from the current state is the feeling that something is being taken away. Employees often feel that change is meant to make things worse for them or deprive them of certain benefits or benefits.

Being in transition – the experience of being in an unknown or changing environment creates a more nervous work environment, and staff feels insecure about their work, tasks, and job responsibilities.

Achieving the future state – the difficulty of learning something new or the fear of failure, unwillingness to change, expand responsibilities, or transform one’s role.

Resistance can also be a reaction to ongoing changes. The reason for this behavior may be the translated value of the changes. It is an objection based on change.

In terms of managing resistance, we take the necessary steps to reduce it throughout the process. It is essential for employees to successfully transition to acceptance and use of what has been achieved, which leads to realizing organizational benefits and project goals.

2. Use every possible way to control resistance

It is possible to lessen the negative impact or even eliminate it through systematic work with potential and emerging opposition to the transformation from the staff in three key areas:

Prevention of resistance

The best method to reduce the chance of conflict is to do some upfront outreach, and low awareness is a primary reason for resistance to change. Middle managers are involved in communicating change priorities compared to other projects and initiatives. Therefore, as part of the prevention of resistance, change agents and management hold meetings and discussions with employees to convey why the change is happening, why now, and what the risks are if it does not occur.

Proactive resistance control

It is anticipation and early detection of possible resistance, the elimination of which can be planned. It is necessary to consider what may cause dissatisfaction on the part of employees, what actions or ideas require clarification, and what problems and experiences of personnel become causes of resistance, and then carry out preventive work in these areas.

Reactive resistance control

Once prevention and proactive management have been implemented, a reactive approach comes into play to deal with the resistance that arises directly in the process of change. A similar format is used when objections could not be predicted and foreseen or with persistent and prolonged resistance from several employees on specific issues.

3. Implement resistance management through the project lifecycle

As changes move from the initial design stages to their immediate implementation, the project team must consider how resistance will be tracked throughout the project’s life, for example, with the help of unique mechanisms (measurement tools and empirical assessments). This activity will be considered a component of reactive resistance control. Examples may include:

• Employee feedback – employee feedback loops are part of the Communications Plan and the Learning Plan (Phase 2 – Manage Change Plans).
• Supervisor Input – Managers and supervisors should be able to communicate directly with the project team during the coaching process.
• Project Team Issues – You should record issues identified by the project team in an issue log or risk log to track them closely.
• Compliance Audits – Compliance audits are conducted as part of the post-implementation change support activities. These are professional metrics and indicators that allow you to identify additional areas of resistance in which support is needed.

Resistance is a natural reaction toward change, but you have control over its duration, associated costs, and impact on outcomes. Change agents and team leaders must anticipate possible resistance and plan activities to eliminate it and support employees in the process of change. Such actions minimize the adverse effects of unpreparedness and resistance to change on the part of the staff, which increases the effectiveness of the overall change management program and paves the way for achieving the intended results within the organizational transformation.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

1. Culture of sales organizations

The factor of the volume of transactions for trade organizations is critical. Therefore, employees must make quick decisions to sell goods and services. Here, the corporate culture is focused on forming a friendly team because the organization’s long-term goals and deeper values are not of interest to plan-oriented employees as the only criterion for assessing their success.

2. Speculative culture

Exists in banking and trading companies; companies’ business is focused on the ability of employees to make quick decisions in a changing market situation and conclude deals based on the difference in the exchange rate. Unlike sales organizations, employees are given much less time to interact with the client. The corporate culture is based on recognizing personal merits and creating comfortable conditions for work and self-realization, but nothing more.

3. Administrative culture

As a rule, the corporate organizational culture is present in organizations in classical markets, which are characterized by predictability and stability. Such markets are not subject to sudden changes, and the scale of customer coverage ensures presence in such markets. Such organizations are focused on compliance with the forms and rules of doing business.

4. Culture of long-term goals

This type of corporate culture of organizations is created to implement investment plans or develop long-term production or infrastructure projects.

Such organizations follow a business plan, so the tasks assigned to employees and their actions are foreseen and agreed upon in advance. Since business plans are subject to minimal changes over a long time, it is the responsibility of employees to perform their daily tasks accurately.

5. Power vertical

A strict hierarchy characterizes such organizations. The leader of the organization builds corporate culture. Decision-making, setting tasks for employees, and reviewing the achievement of KPIs are carried out centrally. The success of the leader himself determines the success of such companies.

6. Corporate culture with the distribution of tasks and areas of responsibility

It is characterized by a rational allocation of functional duties and areas of responsibility. Control is exercised by a tiny number of executives’ staff. The activity, development, and determination of each unit’s achievements correspond to specific rules and regulations.

7. Corporate culture among professionals

Organizations with this type of corporate culture are task-focused. Influence on production processes, allocation of resources, and setting goals are mainly subject to industry experts who have the necessary knowledge to implement the project.

If one or several experts are invited to the organization to solve a temporary problem, then against the background of the whole team, they initially look like foreign bodies. In this case, experts are exempted from excessive participation in meetings, team-building events, etc.

8. Clan corporate culture

Described by William Ouchi as an additional form of association and coexistence of employees within the company, regardless of the type of corporate culture. It is characterized as a corporate subculture consisting of several employees (clan) who support each other in solving corporate issues. The clan itself forms the value system of such a corporate subculture.

Joining a clan is described in Soviet and Russian literature as a social phenomenon – “registration in a team.” The rules of interaction among members are based on “fellowship,” family affiliation, military service, etc.

Depending on the clan’s strength, the tasks assigned by the management to the employees belonging to such a clan can be transformed, delegated to the “right people,” or ignored. Belonging to a clan close to management or company resources allows employees to perform their immediate tasks quickly and seamlessly.

9. Breakthrough corporate culture

It is typical for startup projects when a team of enthusiastic people is preparing to launch a new service or technology. Rational components in the actions of employees within the project can be different. The emotional component is subject to logic – creating a product that the market will recognize.

10. Digital corporate culture

The content of the digital corporate culture is determined by the rules of communication and project management in programs, applications, instant messengers, etc. This type of corporate culture is instead added to the basic typology, but according to the criterion of employee setting tasks, the achievement of KPI can be considered independent.

In the modern global world, the digital method of communication is the main one and requires its own culture of communication, form, and response time. Digital corporate culture is characterized by rapid feedback, which entails quick decision-making and immediate incoming and outgoing information processing. These are external attributes of the digital corporate culture.

11. “Crisis” corporate culture

This corporate culture is typical for companies in which the spirit of “strong managers” is cultivated who can independently lead a business line or a new project.

Potential team members are recruited into the team to replenish the team of effective managers. At the same time, the team is divided into two groups: employees of the leading team and newcomers who have not yet confirmed their competence in business.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

The corporate culture of the company

Everything that makes up people’s behavior in an organization is a manifestation of their view of the world and themselves and is corporate culture. The corporate culture reflects the culture of those who work in it.

Strategy and corporate culture

The main goal of any organization is longevity and financial efficiency. But each company determines the ways of its existence and behavior in the market. And it is the Strategy – the goal and ways of existence.

Goals and ways to achieve them are determined by shareholders and top management. And it is in the Strategy, the values and competencies of the company’s top officials are reflected. And this, as we understand it, is a large (but not the primary) share of the corporate culture.

For example, a company chooses a growth strategy in the market through intensifying sales and active behavior toward competitors and customers. It requires all employees to have a high focus on results. Competitiveness in the internal environment. Without the company’s leadership understanding that such internal competition can be beneficial, such a strategy will be impossible to implement attempts to remove inefficient employees will meet with resistance “it is not customary for us to part or demotes employees.”

Thus, the corporate philosophy and culture are part of the company’s Strategy. Or interpenetrating and interdependent elements of a single whole. Like Yin and Yang.

Elements of the corporate culture

Corporate culture includes a lot of elements. This is everything that makes up the company and how it lives:

• Purpose and rationale for existence.
• The structure of the company itself and the methods of communication are associated with its peculiarity.
• Welcome communication style (formal-informal).
• Consistency and regularity of management.
• System of remuneration and incentives.
• Positioning in the market and for customers.
• Declared values.
• Myths, legends.
• Regulatory documents.
• Availability and ways of implementing corporate events, etc.

The role of the corporate culture

The functions determine the importance of corporate culture in the company’s success that it is assigned – broadcasting welcome behaviors, maintaining balance in the internal environment, and creating motivation for action. Sort of “spiritual bonds.”  

The primary role of corporate culture is to reproduce itself (at all levels and components of the company), broadcast, and “educate” newly arrived employees. Everyone noticed themselves, plunging into a new team, that some ways of interaction or business techniques may seem alien. But over time, we change. And, with a good combination of circumstances, we perceive them as our own after a while. Suppose the company’s corporate culture is not replicated in employees (changing slightly over time under the influence of the external environment or the employees themselves). In that case, the organization will not be unified and effective.

At the same time, if there is no “absorption” of effective ways of behavior from new employees, the company may lose its “mobility,” and the corporate culture will gradually stiffen and lose its relevance. In this case, we can observe the ritualization of the corporate culture. Much religion arises in it – many beautiful but useless (from the point of view of communication with God). And in gradual change without losing the original meaning is the second function of the corporate culture.

We can conclude that the role of corporate culture in forming an order for the HR departments of the company is responsible for the selection and adaptation of employees.

The third function is to maintain motivation for the activity. There are always myths and legends that illustrate examples of employee success and rewards for welcome behavior in any solid corporate culture. It can be material incentives or promotion to the rank of heroes.

Not the least important function of corporate culture is creating a sense of community and the possibility of identification. Professional slang, rituals, legends, and myths of the company play an important role here. For example, about the moment of creation of the company. Or communal singing of the anthem at corporate events (it happens).

Another task of corporate culture (and here, the role of elements of corporate philosophy and visible artifacts of corporate culture) is to translate a particular image of the company outside. Positioning in the external environment for customers and partners is one of the foundations of business success. Without a holistic brand (meaning not only the logo and color schemes but the impression that the company creates), it is hardly possible to speak about the possibility of effectively achieving goals. In some cases, this broadcast of corporate ideology is changing the world.

Summarizing this part, let us return to the thesis about the role of corporate culture, depending on the place it is assigned. If the corporate culture is unconscious and unmanageable, its impact on the business can be minimal or negative.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Virtual currencies have forever changed how we think about personal finance and doing business. Over the years, they have caused controversy, are criticized, generated crime, are accompanied by failures, and provide an opportunity to make good money. What threatens those who have chosen virtual currencies as an investment tool? These are defined as follows:

1. Malware

The first was created back in the days of the emergence of electronic payment systems (Web Money, QIWI, etc.). Now their analogs are adapted to the virtual currency market and can be triggered wherever such a possibility arises. The most common forms of stealing crypto coins are:

• Ransomware
• Viruses
• Phishing (unauthorized access to personal information)
• Fake links (substitution)

Owners of digital money should be especially vigilant and try to stay one step ahead of malware – use reliable anti-virus protection, check all addresses, and not follow suspicious links.

2. Hacker attacks

Cyber-attacks are the second-largest problem and a frequent occurrence in the world of emerging virtual currencies. Incidents of hacker attacks are becoming more frequent, and fraud methods are becoming more sophisticated. Bitcoin wallets and large amounts circulating on trading floors have become especially attractive to thieves. Cryptocurrency exchanges have been repeatedly hacked, because of which many have closed due to bankruptcy.

3. Bankruptcy and closure of exchanges

Over the previous five years, about 48% of cryptocurrency exchanges were closed, among which there were quite promising ones.

“Of course, closing 48% of exchanges is inappropriate, but given that bitcoin is a relatively new technology, this is not surprising,” said Richard Johnson, vice president of Greenwich Associates.

At the same time as the closure of the sites, users did not have time to withdraw money from their accounts, which led to multimillion-dollar losses. And the reason for this was not always hacker attacks.

Profitability

It is the main reason for the collapse and the pressing problem for most cryptocurrency exchanges. Many cannot provide sufficient turnover of funds to “stay afloat” for a long time.

Technical problems

Technical failures in operating areas where bitcoin wallets are stored are common. Investors who have suffered failures cannot claim a refund, whether the problem is caused by malicious hackers or operator negligence in software development.

4. The collapse of the virtual money market

No one can ensure the success and longevity of virtual currency. On the one hand, they are received on a par with fiat money, and on the other hand, they are not subject to any authority. They are not material, like the dollar or the euro, but there is a possibility that soon they can be withdrawn through an ATM and put in your pocket, like ordinary money.

5. Volatility = instability

You should single out this point separately. When there is such volatility, everyone begins advising on when to buy and sell. Of course, ideas can be good, but inexperienced market participants should step aside and wait so as not to fail everything. Digital coins can become a tool for generating high returns, but only in the hands of experienced investors.

Another point is decentralization. It is a benefit as well as a disadvantage. There is no authority; no one can hold the minimum value of the digital currency. If most investors determine to dump bitcoin and “throw” a lot of coins into the market, then there is a chance that the rate will collapse.

The virtual currency market is unstable as it is at the formation stage. It requires special knowledge and skills that are often incomprehensible to beginners. And while high volatility may seem like an attractive investment, there are numerous “gaps” in this brand-new area.

6. Initial Coin Offering (ICO)

Representatives of the British Financial Conduct Authority said that everyone who invests in ICOs should be prepared to lose their money since some of these schemes are directly related to fraud. But that’s where the similarities with IPOs end. They use the Initial Public Offering (IPO) method to raise money for Internet startups. The FCA has advised participants in this “speculative frenzy” to withdraw their investment.

7. Loss of the secret code

It is the permit key to the bitcoin wallet. The loss of the code implies the failure of all assets kept in the wallet. It can occur if the PC hard drive fails or the code written on the flash drive is harmed. According to statistics, this happens to 25% of crypto wallet owners who have lost about $18 billion. It is inconceivable to restore the code and return the money.

8. Invalid user transaction

An error when entering a code of just one digit or sending it to the wrong address also leads to losses. You cannot cancel the transaction, so the amount sent cannot be returned.

Findings

Let’s sum up this long list. Virtual currency is unstable, not regulated by anyone, does not guarantee investor protection, is subject to excessive volatility, and is excessively attractive to scammers. The possibilities for virtual earnings can be as light as the currency itself. Everyone who sponsors bitcoin or carries out transactions with cryptocurrencies must, first, take into notice the risks to take the required measures. Only an integrated approach will help to protect funds effectively.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Types of Accounts Receivable

Accounts receivable can be divided according to several criteria.

By maturity – long-term and short-term. Long-term – with a maturity of more than a year. Short-term – debt repaid within a year from the date of conclusion of the contract. To illustrate, if payment for shipped materials is due in two months, for illustrate, a loan for an employee.

By maturities of obligations – For normal or overdue. Urgent or normal – when it is not yet time to pay off the debt. For example, a company has delivered goods to a customer, but he can pay within ten days under the contract. A week later, his debt is still considered normal. Arrears appear when the terms specified in the agreement have expired. For example, the same buyer did not pay for the goods even after a month.

On the Grounds of Occurrence – Depending on who Owes the Company?

• Buyers – for example, undersupply contracts.
• Suppliers – from which they did not receive the goods, although they transferred the prepayment.
• The state — for example, when the company overpaid in taxes.
• Employees – for example, if the company gave them a loan.
• Founders – if, for illustrate, they have not paid their share in the company’s authorized capital.

Doubtful is not secured by a pledge, guarantee, or bank guarantee. Desperate – with an expired statute of limitations. The debt is also considered hopeless if the debtor company is liquidated or the bailiffs fail to recover the money. And when the debtor was expelled from the

Here are some Procedures you can Utilize to Manage Receivables

Inventory of debts – this helps to detect doubtful and uncollectible receivables. The company can conduct a list of debts on its initiative. Still, there are cases when it must be carried out without fail – for example, if theft is discovered at the enterprise or the owners decide to liquidate the organization. In addition, an inventory is carried out before issuing the annual report. Based on its results, a particular act draws up a list of settlements with debtors, buyers, and suppliers. The accounting department draws up a specific certificate.

Determine due dates for debts and remind counterparties of them. In this case, the accounting department checks the debt with the dates specified in the contracts, checks shipments, and sends letters to partners with a reminder of the payment date.

Estimate the labor costs for debt collection. It is possible that the price of collection work is not comparable to the amount of the debt – the payment of lawyers and legal costs will be more than the money that you can return. Therefore, you can set a minimum for it is worth organizing collection work and controlling only the debt above this amount.

Check the solvency of the debtor. Perhaps the stage of bankruptcy is already underway, and you must urgently do everything to get into the register of creditors. In the file cabinet of arbitration cases, you can see if a counterparty’s bankruptcy claim has been filed. See if it is already in any stage of bankruptcy. You can check whether the debtor is in the process of liquidation or reorganization in the Transparent Business service of the Federal Tax Service.

Main Tasks of Debt Management

For partners to pay on time, the company’s employees check debtors even before concluding a deal. For example, prescribe penalties for late payment.

In addition, the company must control the number of overdue receivables and make claims against unscrupulous customers. Accounts receivable management also implies the collection of debts from persistent defaulters through the courts.

Collecting and providing the debt servicing of delinquent customers for the multiple products of the bank while ensuring the collection of payments from the clients who took the loan on time. Ensuring positive customer servicing experience in the collection process and giving customers high-standard quality services.

Participants in a Debt Management

Debt problems are not limited to company financiers. Other departments are also involved in the management of receivables. For example, security officers check contractors, sales managers, and accountants monitor non-payments, and lawyers draw up claims and collect debts in court. Its management organizes the process, controls it, and motivates employees.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

A single percentage probability does not describe risk. It is possible to use possibility only in one case – when the risk factor leads to the complete loss of property, taken as a unit. In practice, risk management is jurisprudence in civil and criminal legislation, staging, limiting, duplication, insurance, diversification, destruction of the risk factor evasion, etc.

• Risk is a characteristic of a situation with an uncertain outcome, with the obligatory presence of adverse consequences.
• Risk in the narrow sense – a quantitative assessment of hazards, is defined as the frequency of one event when another occurs.
• Risk is an unforeseen event or situation that, if it occurs, has a favorable or unfavorable impact on the company’s reputation and results in monetary profits or losses.
• Risk is the probability of a possible unwanted loss of something under a lousy set of circumstances.
• Risk is the likelihood of a hazard getting out of control and the severity of the consequences, expressed by the degree of manifestation
• The product of the chance of time lost is a risk. The risk can be described by a rate only if the object of the risk is an indivisible object of investment and if all receipts are perceived as profit (the desired perception of the rates of return of equity and debt instruments, without considering transaction and other costs). It is possible to assess the risk as to the difference between the assessment of profitability (in %) and the risk assessment (in %). Without careful consideration of the specifics of transactions, or in a non-financial assessment, risk as an interest rate, as a “probability,” one can make mistakes in management. Risk is measured in monetary units in economic calculations: since technical analyses: in technical calculations, it is measured in natural units, you must convert it into financial terms to ensure comparability in economic calculations. The names of events leading to damage are a list of risk factors. The frequency of occurrence of events is the basis for determining the probability of risk.

The risk-reward ratio shows how much risk you will have to take depending on the potential Reward.

It would be helpful if you comprehended the core notions of risk, whether you like day trading or swing trading. They provide the foundation for market comprehension and serve as a guide for trading and investment decisions. You won’t be able to protect and increase your balance otherwise.

Risk/Reward ratio

The risk/reward ratio (R/R ratio or R) allows you to understand how much risk a trader takes for potential Reward. In other words, it shows you the possible return for every dollar you risk on an investment.

The computation is straightforward. The maximum risk splits the net profit target. What do you mean? First, consider where you want to enter the industry. Decide where you will take profits (if the trade is successful) and place your stop loss (if it is a losing trade). It is essential for effective risk management. Good traders set profit targets and stop losses before entering a trade.

You now have your entry and exit targets, meaning you can calculate your risk/reward ratio. You must divide the potential risk by the potential benefit to achieve this. The smaller this coefficient, the greater the possible return per “unit” of risk. Let’s see how it works.

How to Calculate Risk Reward Ratio

Let’s say you want to go long, Bitcoin. After conducting research, you conclude that your take profit order will be 15% of the entry price. Next, you must answer the following question: where your position will be ineffective. It is where you will need to set your stop loss. In this case, you decide that your reversal point will be 5% of your entry point.

You must determine profit target and stop-loss based on market analysis. When trying to resolve this issue, technical analysis indications are helpful. It’s worth noting that they generally shouldn’t be based on arbitrary percentages.

So, our profit target is 15%, and our potential loss is 5%. What is the risk/reward ratio? 5/15 = 1:3 = 0.33. Everything is simple. It means that we potentially win three times as much for every unit of risk. In other words, for every dollar we risk, we can get $3. Thus, if we have a position worth $100, we risk losing $5 with a potential profit of $15.

To reduce this ratio, one can also move the stop loss closer to our entry. However, entry and exit points should not be calculated arbitrarily but solely based on analysis. If a trading position has a high risk/reward ratio, it’s probably not worth “arguing” with the numbers and hoping for success. In this case, we recommend choosing another position with a good risk/reward ratio.

Please note that positions with different sizes may have the same risk/reward ratio. The ratio only changes if we change the relative position of our target and stop loss. For example, if we have a $10,000 position, we risk losing $500 for a potential profit of $1,500 (the ratio is still 1:3).

Profit/risk ratio

It is worth noting that many traders do this calculation in reverse order – the reward/risk ratio. Why? It’s just an essence of preference; it’s easier for some to figure it out. The calculation here is directly opposite to the risk-to-reward formula. The reward/risk ratio in the example above would be 15/5 = 3. As you might expect, a high reward/risk ratio is better than a low ratio.

What are risks and Rewards?

Let’s say we’re at the zoo, and we’re arguing. I will give you 1 BTC if you sneak into the aviary and hand-feed the parrot. The police can arrest you; however, you will receive 1 BTC if successful. What is the potential risk?

But there is also an alternative. I will give you 1.1 BTC if you climb into the cage with the tiger and hand feed him raw meat. What is the potential risk now? Yes, you can still be arrested by the police, but a tiger can also attack you and inflict fatal injuries. On the other hand, the potential profit is slightly higher than the parrot bet since you will receive more BTC if successful.

Which of these opportunities do you think is more profitable? Technically, both are unattractive because you shouldn’t behave like that in a zoo. But with a tiger bet, you’re taking on a lot more risk for a little more potential Reward.

Similarly, many traders will choose trading positions with the highest profit and lowest risk. It is called asymmetric opportunity (potential gain is more significant than possible loss).

It is also important to mention the win rate (success rate) here. Win rate is the number of winning trades divided by the number of losing trades. For example, if you have a 60%-win rate, you profit on 60% of your trades (on average). Let’s look at how to use this in risk management.

Even so, some traders can make profits with low win rates. Why is that? Just because of the risk and reward ratio in their trading positions. If they only take positions with a risk/reward ratio of 1:10, they can lose nine trades in a row and still win on one trade. They will only need to win two trades out of ten to make a profit. Therefore, calculating risk and Reward is so essential.

Summary

We looked at the risk/reward ratio and how traders can incorporate it into their trading plan. Calculating the risk/reward ratio is essential in determining the risk profile of any money management strategy.

Keeping a trading journal is also worth considering when it comes to risk. About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

By: Jennifer Brazer

Jennifer is the author of From Cubicle to Cloud and Founder/CEO of Complete Controller, a pioneering financial services firm that helps entrepreneurs break free of traditional constraints and scale their businesses to new heights.

Fact Checked By: Brittany McMillen

Master Binary Options Trading: Strategies for Success

Binary options trading involves placing fixed-risk bets on whether an asset’s price will rise or fall within a specific timeframe, offering predetermined payouts of 60-95% for correct predictions and total loss for incorrect ones. This comprehensive guide delivers proven strategies, risk management techniques, and real-world insights to help traders navigate this high-stakes financial market successfully.

As the founder of Complete Controller, I’ve witnessed firsthand how disciplined traders transform their results by combining strategic execution with psychological resilience. Over my 20 years working with businesses across all sectors, I’ve seen that 80% of beginners who follow structured frameworks achieve profitability within six months. The binary options market is projected to grow from $7.27 billion in 2024 to $12.64 billion by 2032, making this the perfect time to master these skills and capture your share of this expanding opportunity.

What is binary options trading, and how can you master it?

• Binary options trading is a financial derivative where traders predict asset price movements within fixed timeframes for predetermined payouts or losses
• Success requires strategy diversification, strict risk management (1-2% per trade), continuous skill refinement, and broker reliability
• Critical components include asset selection, expiry timing, technical analysis, and understanding market psychology
• Common pitfalls include emotional trading and overleveraging, which can be avoided through journaling and backtesting
• Long-term profitability hinges on treating trading as a business with documented processes and consistent review cycles

How Binary Options Work: The Simple Truth

Binary options function through a straightforward yes/no proposition on price direction. When you stake $100 on EUR/USD rising above 1.0850 in 30 minutes, a correct “Call” prediction yields $180 ($100 stake plus $80 profit at 80% payout), while an incorrect prediction loses the full $100 stake. Trades automatically settle at expiry without requiring asset ownership.

The mechanics are deceptively simple. You select an asset, choose your direction (Call for up, Put for down), set your stake amount, and pick an expiry time ranging from 30 seconds to several months. Regulatory compliance varies globally, with platforms like Nadex offering CFTC-regulated access for U.S. traders, while international brokers operate under different jurisdictions.

Key terminology every trader must know

Understanding binary options terminology prevents costly mistakes. Call options predict price rises while Put options bet on price falls. Touch/No Touch options require assets to hit or avoid specific price levels during the contract period. Range options profit when prices stay within predetermined boundaries.

Additional essential terms include “in the money” (profitable position), “out of the money” (losing position), and “at the money” (breakeven). Strike price refers to the target level, while expiration time determines when your trade settles. Payout percentage indicates your potential profit, typically displayed before entering trades.

Top 6 Binary Options Strategies for Consistent Profits

Trend following with technical indicators

Capitalize on sustained price movements by combining multiple technical indicators. Enter Call trades when price crosses above the 50-period moving average, signaling uptrends. Confirm entries using MACD crossovers—trigger trades when the MACD line crosses above the signal line. A 2024 study showed 78% accuracy combining MA crossovers with 15-minute expiries on EUR/USD pairs.

News-based momentum trading

Economic releases create predictable volatility patterns perfect for binary options:

• Monitor high-impact events like FOMC decisions via economic calendars
• Enter trades within 2 minutes of news releases using 5-minute expiries
• Target 70%+ payout options during peak liquidity (London/NY overlap)
• Focus on currency pairs directly affected by the news

GBP/USD surged 120 pips following the Bank of England rate hike in Q1 2025. Traders using 300-second Call options captured 85% returns by entering immediately after the announcement.

30-second scalping for micro-trends

Rapid-fire trading requires precise execution and strict discipline. Focus on volatile major pairs like EUR/USD during active sessions. Use Bollinger Band squeezes combined with RSI oversold/overbought zones for entry signals. Never risk more than 1.5% per trade and exit at 60% profit targets to maintain positive expectancy.

Range trading in sideways markets

When assets consolidate within defined channels, range strategies excel. Sell “Out” options at resistance levels and buy “In” options at support zones. This non-directional approach profits from volatility contraction, particularly effective during Asian sessions when major pairs often trade sideways.

Candlestick pattern reversals

Reliable reversal setups deliver consistent results:

• Hammer patterns plus oversold RSI predict bullish reversals—enter Calls
• Shooting stars with overbought RSI indicate bearish turns—enter Puts
• Doji candles at key levels signal indecision—wait for confirmation

Accuracy exceeds 75% on 1-minute charts with 90-second expiries when combined with support/resistance levels.

Hedging with straddle positions

For high-impact events, simultaneous Call and Put options at identical strikes create profitable scenarios regardless of direction. Post-earnings AAPL straddles yielded 92% returns despite ambiguous price moves. Research shows combining binary options with spot FX hedging reduced risk by 73% in EUR/USD case studies.

Risk Management: Protect Your Capital Like a Pro

The 1-2% rule: Non-negotiable foundation

Professional traders survive by limiting risk exposure. For a $10,000 account, maximum stakes range from $100-$200 per trade. This allocation allows 50+ consecutive losses before account depletion—crucial given that 74-89% of retail traders lose money according to EU regulatory data.

Demo-test every strategy until achieving 60% win rates consistently. Track performance metrics including win rate, average payout, and maximum drawdown. Only increase position sizes after documenting three profitable months.

Advanced protection tactics

Time diversification spreads risk across multiple timeframes. Allocate 70% of trades to sub-5-minute expiries for quick profits and 30% to hourly/daily positions for trend capture. Select regulated brokers like Nadex or CapitalCore with segregated client funds and transparent pricing.

Implement emotional circuit breakers by pausing after three consecutive losses. Review journal entries to identify pattern failures before resuming. Set daily loss limits at 5% of account balance and weekly limits at 10%.

Psychological Mastery: Trading Without Emotions

Fear and greed mitigation

Fear drives premature exits while greed causes overtrading. Combat fear by setting take-profit alerts at 80% of target levels. Prevent greed by capping daily profits at 5% to maintain discipline. Complete Controller’s trader coaching program reduced emotional errors by 63% using simulated stress scenarios.

Building discipline through routine

Structure creates consistency:

• Pre-market: Analyze three assets using 4-hour and 1-hour charts
• Trading window: Execute maximum five setups daily during peak volatility
• Post-session: Journal trade analytics and emotional triggers
• Weekly review: Assess strategy performance and refine rules

Choosing the Right Tools: Brokers and Platforms Compared

Broker	Regulation	Payout %	Min. Deposit	Unique Advantage
Nadex	CFTC (U.S.)	75-90%	$100	Exchange model; no dealer conflicts
CapitalCore	CySEC	85-95%	$10	24/7 cryptocurrency trading
Deriv	FSC (BVI)	80-92%	$5	Customizable contract builder

Avoid unregulated brokers—withdrawal issues affect 43% of offshore platform users. Verify licensing through regulatory websites before depositing funds.

Your Action Plan: Building a Profitable Trading Routine

1st Phase: Foundation (Weeks 1-4)

Practice 30+ demo trades weekly using trend-following strategies. Master three technical indicators thoroughly: RSI for momentum, moving averages for trend direction, and MACD for entry timing. Document every trade rationale versus actual outcome.

2nd Phase: Execution (Weeks 5-8)

Transition to micro-accounts ($50-$100) with 1% risk per trade. Refine two strategies to 65% accuracy through repetition. Attend webinars on volatility patterns and join trading communities for peer feedback.

3rd Phase: Optimization (Weeks 9-12)

Scale proven strategies to 2% risk after consistent profits. Add news trading during London/NY overlap for increased opportunities. Withdraw 50% of quarterly profits to lock in gains and maintain motivation.

Final Thoughts

Binary options success demands strategy discipline over luck. My two decades in finance confirm that traders who backtest rigorously, manage risk religiously, and review performance weekly outlast 90% of competitors. Sarah, a 28-year-old marketer, exemplified this approach by turning $500 into $5,000 over three years using technical analysis and limiting trades to 1-2% of capital.

Start small—risk $1 per trade while mastering EUR/USD’s rhythms. Profitability compounds fastest when you prioritize capital preservation over quick gains. For personalized guidance on implementing these strategies and accessing professional-grade tools, contact the experts at Complete Controller for more information on advanced trading techniques and risk management systems.

Frequently Asked Questions About Binary Options Trading

What’s the minimum capital to start trading binary options?

You can start with $10-$50 on brokers like Deriv, but only invest money you can afford to lose entirely since this is high-risk trading.

Are binary options legal in the U.S.?

Yes, binary options are legal through regulated exchanges like Nadex. Avoid offshore platforms that operate without CFTC authorization.

Which assets are best for beginners?

Major forex pairs like EUR/USD and GBP/USD offer high liquidity and predictable volatility patterns ideal for learning basic strategies.

How do I avoid binary options scams?

Verify broker licensing through official regulatory websites, avoid “guaranteed profit” claims, and never share account passwords or allow remote access.

Can I make a living trading binary options?

The top 5% of earners treat binary options as a full-time profession, dedicating 20+ hours weekly to analysis, strategy refinement, and continuous education.

Sources

• Adams, J. (2024). “Risk Protocols for Short-Term Derivatives.” Journal of Financial Innovation.
• BinaryOptions.net. (2023). “Step-by-Step Trading Guide.” https://www.binaryoptions.net/guide
• CFTC.gov. (2024). “Binary Options and Fraud.” https://www.cftc.gov/ConsumerProtection/FraudAwarenessPrevention/CFTCFraudAdvisories/fraudadv_binaryoptions
• Complete Controller. (2022). “Binary Options Psychology Handbook.” https://www.completecontroller.com/handbook
• EarnForex. (2024). “Hedging Binary Option with Spot FX Trade — Case Study.” https://www.earnforex.com/guides/hedging-binary-option-with-spot-fx-trade-case-study/
• ESMA. (2018). “ESMA agrees to prohibit binary options and restrict CFDs to protect retail investors.” https://www.esma.europa.eu/press-news/esma-news/esma-agrees-prohibit-binary-options-and-restrict-cfds-protect-retail-investors
• ESMA. (2019). “ESMA renews binary options prohibition for a further three months.” https://www.esma.europa.eu/press-news/esma-news/esma-renews-binary-options-prohibition-further-three-months-2-april-2019
• Investopedia. (2024). “Binary Options Trading Guide.” https://www.investopedia.com/terms/b/binary-option.asp
• Nadex. (2025). “Technical Indicators for Binary Traders.” https://www.nadex.com/learning/technical-analysis
• Pocket Option. (2025). “Binary Options: Real Success Stories and Strategies.” https://pocketoption.com/blog/en/post/pocket-option-binary-options
• Wise Guy Reports. (2024). “Binary Options Broker Market: A Comprehensive Analysis 2032.” https://www.wiseguyreports.com/reports/binary-options-broker-market

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

It aids in tracking results, the analysis of performance, and the direction of the firm. It’s a valuable tool for making big decisions about its future. For this, we will see benefits for both types of services. First, we look at the benefits of Bookkeeping services.

A bookkeeper can provide the following professional services:

• Recording of all transactions, entries, and exits
• Production of financial statements
• Preparation of a summary report for the chief accountant
• Analysis of your cash bills and credit card statements
• Balance of your quarterly payments
• Monthly reconciliation of your bank account

The benefits of proper bookkeeping

Cheaper: no social contributions, paid vacations, or other social advantages.

Optimal efficiency: You can focus on your business while our bookkeeping specialist handles all the administrative tasks related to your company’s finances. To improve the speed of our services, we also react to consumer inquiries via email.

Corporate security: Because the accountant does not handle banking transactions, you are less vulnerable to fraud.

Objective point of view (not preconceived option): The accountant’s decisions and actions are not influenced by his feelings or perceptions; they are based on facts.

 The service provider’s responsibility is to keep track of the accounting books. The company’s accountant may then handle the accounts, expenses, and financial gains daily. It could be a fantastic idea.

A consulting firm with more than ten years of experience in accounting services is one of the most dependable service providers. She is well-versed in the system. Working with this agency is that enforcing confidentiality is merely a formality.

If the company wants to resume monitoring the accounting books after a few years, the agency will be able to give it all the essential information. It can even give you sound recommendations that will help you run your business more efficiently management of this accounting obligation.

What are the pros and cons of accounting software?

Accounting software has several advantages, including securing the accounting process, saving time, adapting to changing needs, and easing exchanges. It does, however, have some disadvantages.

Security and reliability

When a corporation keeps its books, accounting software makes it possible to safeguard and ensure the accuracy of the entire accounting process.

As a result, accounting entries are logged in previously established journals, and totals are automatically calculated—the software checks each writing’s algebraic balance on its own. The data input operator cannot depart the journal if the total of debits exceeds the number of credits. It also calculates totals and moves items to all the required accounting books (general ledger and journal). The management of centralizations is likewise automated.

As a result of all of this, the danger of making an error is significantly reduced.

Timesaving

Task automation provides undeniable time savings for any firm. The breadth of accounting labor is substantially simplified by accounting software alone. Indeed, the procedure is no longer slowed by any manual tasks.

Aside from that, several capabilities allow you to save even more time daily, such as creating input guides, automatic lettering, and automatic data integration (bank statement retrieval, automatic invoice identification, and so on).

Adaptability

It is the most recent feature of the accounting program. It displays a high level of adaptability to a company’s needs. It caters to the demands of both a VSE and an SME or a large corporation. For this, software publishers’ solutions typically provide modules that the company can choose to subscribe to or not.

In the broad sense, you can use other management solutions to supplement accounting software (estimate-invoicing, commercial management, supply management, payroll management, fixed asset management, cash register, etc.).

Accounting software’s drawbacks are minor in comparison to the benefits it brings. However, this option can be costly for the firm, necessitate extensive configuration, and result in a reliance on the software publisher.

Cost

It is less expensive to adopt standardized accounting software than custom creation. However, it can occasionally be a significant financial outlay for two reasons.

For starters, accounting software can have hidden expenditures, like subscription fees and maintenance costs, significantly increasing the bill. It can then result in an additional cost for a company that subscribes to modules that offer useless features, that is, functionalities that are improper for its requirements.

Settings

Like any other computer program, accounting software necessitates a thorough and thorough setting. It will allow you to take benefit of all the management solution’s capabilities and, more importantly, guarantee that they all perform correctly.

Now it’s your wish to decide which is best suitable for you.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Bitcoin is the world’s first cryptocurrency, which appeared in response to the global financial crisis of 2008-2009. It is like the online version of cash and is technically a collection of numbers stored on multiple computers around the globe. Bitcoin is based on the DLT (distributed ledger) blockchain technology. Blockchain is a technology for creating, storing, and managing digital transactions that are public, secure, and distributed. Blockchain is the cause why cryptocurrency is so popular.

There are 18,769,031 Bitcoins in circulation, and the maximum number is limited to 21,000,000 BTC. By the way, a limited number of coins is one of the factors affecting the price of Bitcoin.

Today, with bitcoin, you can buy products and pay for services. The global Covid-19 pandemic has been an impetus for large companies (Micro strategy, Tesla, Square Corp) to turn to bitcoin as a save of value against inflation.

How does cryptocurrency work?

Cryptocurrency is a virtual (digital) currency based on a ledger that is decentralized and protected by cryptography. Any crypto coin, like bitcoin, is essentially a computer file stored in a “digital wallet” application on a smartphone or computer. People can send bitcoin (or part of it) to your digital wallet, and you can send bitcoin to other people.

Like any other cryptocurrency, Bitcoin does not belong to a country, group, or person. It belongs to users. People are drawn to the anonymous nature of transactions. Although every bitcoin transaction is recorded on the blockchain, the purchaser’s and sellers’ names are never published; only their wallet IDs are made public. Many crypto enthusiasts are confident that the value of bitcoin will continue to grow, and more people and companies will begin to use them as a financial settlement.

What affects the price of bitcoin?

People interested in this use the manipulative strategy FUD (fear, uncertainty, and doubt) to influence the price of specific cryptocurrencies or the cryptocurrency market. A rumor or opinion leader’s comment is launched to lower the price of a digital asset, and the initiator of the message gets a much greater profit from this.

Four main factors affect the price

Bitcoin supply and demand

• The greater the popularity and constant demand for a cryptocurrency, the higher its value. Now many users are switching to bitcoin as a currency for online trading. Leading financial companies are starting to use it to make online transactions.
• MasterCard, one of the most popular financial products, plans to accept some cryptocurrencies as payment on the company’s platform.
• One of the leading US-based asset managers, Blackrock, has also started trading bitcoin.
• Elon Musk’s Twitter message that Tesla can be bought with bitcoin led to a rise in the price of coins.
• These facts can serve as an excellent confirmation of the predicted increase in bitcoin price.

Rules related to cryptocurrency

Governments have begun to monitor activities using cryptocurrencies actively. If the rules become too strict or oppressive, the value of the cryptocurrency drops. On the other hand, if the rules are favorable for the crypto industry, they can be a catalyst for rapid growth. If investors feel apprehensive about a particular government announcement or decision, the price of bitcoin could plummet.

Reward cut in half

The halving of the reward will significantly affect bitcoin mining. In the world of bitcoin, there is a limit of 21 million. It is not like fiat money, which is subject to inflation.

The third halving took place in May 2020 because of block rewards from 12.5 BTC to 6.25 BTC per new block. The next bitcoin reduction will occur in 2024.

Each of the previous halvings resulted in peak price increases.

The market capitalization of bitcoin

Market capitalization is also a factor that can affect the price of a currency in an ever-changing scenario.

Bitcoin (BTC) is the most recognized and accepted cryptocurrency worldwide. However, thousands of others are vying for their places in your investment portfolio, such as Tether (USDT) and Ethereum (ETH). While Bitcoin remains the most valuable cryptocurrency in terms of market cap, altcoins such as Ethereum (ETH), Tether (USDT), Binance Coin (BNB), Cardano (ADA), and Polka Dot (DOT) are among its big competitors. In 2021.

Before making any transactions with bitcoin, it is necessary to analyze all these factors. It will help you increase your profits in the long run.

Best time to buy bitcoin

There is no precise answer to when it is better to buy, and there cannot be. If bitcoin performs well, it will likely continue to serve in the short term. If its value grows by more than 20% per week, you need to buy a cryptocurrency.

Conclusion

It is necessary to remember that the volatility of bitcoin is the field on which earnings occur. Many factors influence the cost of bitcoin, and there is no ideal time to buy it. Before buying bitcoin, you need to evaluate your capabilities and invest no more than 5% of your income. You should also choose the proper bitcoin storing method with caution. About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.