Earn up to 7% APR with Hot New US Fintech Startup, MyConstant

Do you want to invest your hard-earned money and earn good interest regularly? If yes, then today you have landed in the right place. MyConstant is a peer-to-peer (P2P) investment platform based in the United States that can help you make good money from your investment without breaking a sweat. All you need to do is invest in MyConstant by sending them your funds and leave the rest to their able team. Don’t let your money lie idle in your bank account if it can make you more money!

How does investing in MyConstant work?

With so many pyramid schemes out there, it is normal to wonder how MyConstant works and whether their business model works. Now, let me explain to you how this business works. MyConstant is a P2P investment platform that connects borrowers directly to lenders (investors) who loan money to qualified borrowers. It is an alternative to borrowing money from the bank or traditional online lenders. MyConstant offers multiple types of loans and has very competitive interest rates.

When you invest with MyConstant, your funds will be received by their custodial partner, Prime Trust, an accredited US financial institution. Prime Trust will then convert your money to relevant stablecoin, which will then be lent to collateralized borrowers, decentralized exchanges, and liquidity pools in exchange for interest. When you are ready to withdraw your money, Prime Trust will convert the money invested in stablecoin back to your preferred currency. There are no fees or charges for fiat withdrawal as is the case with traditional online lenders. You will keep all interest you earn.

You will have two interest options to choose from. They include investing for a fixed term where you lock your money for between 1-6 months or choose an instant access account where you can withdraw your money after every 24 hours.

Why choose MyConstant


Your money will be safe

When you invest your hard-earned money on MyConstant, you are guaranteed that it will be safe. You will get it back based on the withdrawal option that you have chosen. For instance, if you choose the instance access option, then you can withdraw your money plus interest after every 24 hours.

When you invest your money on MyConstant, it will not go to someone’s pocket. Instead, the money will be deposited to Prime Trust, an accredited US financial institution. So, in case something goes wrong (which has never happened) you can launch a formal complaint to get your money back. Therefore, when you invest with MyConstant, you are assured that your money is safe.

Additionally, borrowers are required to put a certain amount of the borrowed amount in Cryptocurrency as collateral in order to secure the loan. This collateral will be sold to repay you if the borrower defaults.

Guaranteed of good returns

When you invest in MyConstant, you are guaranteed good returns based on the amount that you have invested. For example, when you choose the instant access option, you will earn a 4% annual percentage yield(APY) from your investment and when you choose a fixed term, you will earn up to a 7% annual percentage rate (APR) without breaking a sweat. You can deposit as low as $10 and as much as your wallet will allow.

Credible and reliable

MyConstant is a credible P2P lending platform that has been around for a while and has proven to be credible and reliable. This platform enjoys a good rating of 4.5 stars out of 5 stars from over 900 genuine reviews. MyConstant has also been featured on many reputable finance and tech publications such as Zero Hedge, Entrepreneur, Inc Magazine, and Forbes. More so, MyConstant has partnered with an accredited financial institution to manage all cash they receive from their investors, thus reducing the risk of losing your money. Therefore, when you invest your money on MyConstant, know that your investment is in safe hands.

No fee

Unlike other similar platforms that charge a fee for investing, transferring, depositing, and withdrawing money, MyConstant does not charge any fee for any of these. All transactions are free.

Cryptocurrencies Are Becoming the Go-to Option in Society

In recent years, the popularity of cryptocurrency has increased around the world. It does not seem like this is going to come to a halt anytime soon. Every day, there is always a new headline regarding it. People from all walks of life are reaping the many benefits it provides. A lot of economic experts have referred to it as the wave of the future. Numerous major banks are supporting it. “We have always believed in the potential of blockchain technology and we are supportive of cryptocurrencies as long as they are properly controlled and regulated,” said JPMorgan CEO, Jamie Dimon.

 

Cryptocurrency Regulation

 

There have been questions about the regulation of cryptocurrencies, hence why governments from different countries have engaged in them in order to establish order. So far, everything appears to be moving in an orderly pace; nonetheless cryptocurrencies go hand in hand with technology; thus, continuous analysis of them is vital.

 

Popularity of Bitcoin

 

The potential of cryptocurrency keeps rising every day. There are a variety of different cryptocurrencies available, Bitcoin being the most popular one. Even so, there are others catching up, including Bitcoin and Ethereum, hence why different online ecommerce platforms that are currently accepting Bitcoin as a payment method are considering the integration of other cryptocurrencies, including the e-commerce giant Overstock.

 

Even so, it is important to highlight that Bitcoin has its down moments just as any other type of currency. “I do not think people should be surprised if that happens, but doesn’t really change the historical outlook or the long term outlook,” said the founder of Morgan Creek Digital Assets, Anthony Pompliano. Regarding its price movement, Pompliano went on to express “We tend to think that the work done today is going to lay the groundwork for the price movements moving forward over the next two to three years.”

 

Peer-to-Peer Bitcoin Trading in African Economies

 

Lately, there has been peer-to-peer Bitcoin trading to bootstrap African economies. Out of all the generations in Africa, millennials are the ones who are currently driving cryptocurrency adoption. The chief executive officer of Paxful, Ray Youseff said “The adoption of Bitcoin across the globe reaffirms our belief that crypto will take an important position as a mainstream financial system in African countries.” He continued saying that this has been the case for other financial tech innovations, such as mobile money. According to him, Africa is leading the peer-to-peer financial revolution.

 

Cryptocurrencies Are Becoming the Go-to Option in Society

 

Bottom line is that cryptocurrencies in general keep garnering the attention from both the media and public alike. There are more financial companies taking them into account to integrate them into a variety of different services they offer to the public. Their transition from unknown to mainstream has occurred rather quickly. Cryptocurrency has become the go-to option for millions of people around the globe, and everything indicates that it will become the favorite for most people in the near future. It is safe to conclude that cryptocurrencies are here to stay.

 

Benefits of Application of the latest Technology in Forex Trading

The application of the latest technology in forex trade has brought several changes. Forex trading has been made easy and readily available. People looking to start forex trading do not have to take several hours in front of computers carrying out research. The application of mobile technology allows people to access forex trading platforms on apps. The apps have inbuilt features that allow people to choose strategies and employ them to trade. Notifications come to mobile devices, making it easy for traders to make quick decisions. The advent of artificial intelligence has even made things more enjoyable. Traders can apply AI to make the right decisions when trading in forex.

 

Benefits of mobile forex trading

 

The application of mobile broadband to access the internet has revolutionized forex trading. For instance, people apply 3G, 4G, and the latest 5G internet to access forex trading apps. There are several forex trading apps out there. The application of technology makes it easy to access reviews of the different forex trading software to make an informed decision. Here are some of the benefits of the application of mobile devices in forex trading:

 

Fast information flow

 

The application of mobile devices has improved information flow in forex trading. People looking forward to improving their forex trading can rely on mobile devices to get the latest news from developing strategies to trade in a given currency pair. In most cases, the currencies are affected by different events. It is easy to get information fast through the application of mobile devices.

 

Easy to make informed decisions

 

The application of forex trading apps makes it easy to make informed decisions. All decisions you make when trading in forex should be based on data. The flow of information is faster through the application of mobile devices. Traders can get first-hand information from Google news, and they can rely on it to make the right decisions.

 

Special Mobile Bonuses

 

Many forex trading brokers have mobile devices. The mobile devices allow traders to get special sign-up bonuses. The bonuses can act as incentives to get people signed up, but they play a great role in making people enjoy everyday trading. Trading becomes easy after the introduction of mobile devices.

 

Increase in forex trade

 

There is an increase in forex trade because people are looking for ways to make extra income. Many people consider forex trading passive income. They can rely on mobile devices to open accounts and start trading in forex trade.

 

Benefits of application of AI in forex trading

 

Artificial intelligence has been on the increase in the field of forex trading. There is a need to analyze data before trading in a given pair of currencies. The application of artificial intelligence has been of great help when trading in forex trade. The software has great capability in carrying out the computation of data from where informed decisions can be made. Here are some of the reasons why the application of artificial intelligence has been of great help to forex traders:

 

Predictive analytics

 

Artificial intelligence makes it easy to analyze a lot of data within a short period then come out with possible trading outcomes in a given pair of currency. There are several forex trading markets out there. You may like to invest in a wide range of currency pairs so that you can increase your profit margin. The application of artificial intelligence makes it easy to increase your profitability.

 

Data-backed trading strategies

 

There are several strategies you can apply when trading in forex. All the strategies should be based on data to achieve the best results. The application of artificial intelligence makes it easy to analyze a huge amount of data then apply them in the development of strategies. Your forex trading adventure will be more successful if you can make a decision based on data.

 

Quick decision making

 

You will find it easy to make the right decision when you rely on artificial intelligence. The software runs on fast and powerful computers. After you apply artificial intelligence to develop the trading algorithm, you need to implement it fast. From research, it has been noted that the application of software increases the decision-making process. You will be at an advantage if you can apply software when investing in binary trading. They will make a decision fast and increase the number of times you invest. If you can make the decision fast, you increase your chances of making the forex trading adventure profitable.

 

Reduces risk

 

There is risk involved when trading in forex. For instance, you may have predicted a given currency to increase in value, and the opposite occurs. There are cases where people have lost money when investing in the forex trade. It is always essential to acknowledge the possibility of making losses as you invest in the forex trade. The application of artificial intelligence increases your chances of making profits in the process.

 

Improves market supervision

 

You would like to supervise the market so that you can respond to any given a chance. The application of powerful software plays a great role in carrying out market surveillance. Some forex trading markets are risky. You can avoid such markets if you can employ reliable artificial intelligence software.

 

Less human errors

 

You will reduce human errors, making you lose money if you can rely on powerful software. The application of artificial intelligence improves the storage and analysis of data. For example, the software will take into consideration its history when making certain decisions. If you had lost after trading in a given way, there are slim chances of repeating the same mistakes in the future if you decide to use the algorithms developed through artificial intelligence. A computer has a greater ability to take into account huge amounts of data before making investment decisions.

 

The application of artificial intelligence and the latest technology, in general, has made forex trading easy. There are few drawbacks, such as the cost involved in developing the artificial intelligence software, but in general, the benefits of applying artificial intelligence outweigh the drawbacks.

Tips for Successful Forex Trading

In forex trading, there are several things you should know. First, ensure you invest in the best forex trading software. There are several forex trading software out there; ensure you go for one that has been tried and proven to be highly effective over time. Apart from the reliability of software, it is also essential to choose your forex trading markets well. Forex trading requires patience. Be prepared to wait and avoid using your emotions when trading. There are times when you can make a lot of money, and you are tempted to overdo it. In some cases, you can end up making a lot of losses, and you are tempted to chase the losses. Always stay cool in your forex trading, and it will work well for you.

 

Why you should apply automated forex trading software

 

Going for automated forex software is the best way to go about it. The software will speed things up, and it will increase the chances of making good money. Many people take the time to locate the best forex trading software. Here are some of the benefits you will enjoy after you decide to invest in the best forex trading software:

 

1. Increases speed of trade and executions

 

The application of AI makes it easy to speed up the analysis of documents before making an informed forex trading decision. There are several factors you have to check out. People take into consideration global events and business news from different sources before they execute the forex trading trade. The application of artificial intelligence makes it possible to speed up the execution and increase the chances of making more profits.

 

2. Eliminates the risk of being misled by misconception and emotions

 

To succeed in the forex trade, scientific data is required to make the right decisions. You may have a negative experience in the past when you decided to trade a certain way involving a pair of currencies. The experience can likely affect your current decision if it is not checked. The application of artificial intelligence eliminates the need to rely on your emotion as you make trading decisions. People are looking forward to getting the best deals when trading prefer the application of technology. It can play a great role in making you make the right trading decisions.

 

3. Forex software can multitask

 

There are times when you would like to operate several forex trading accounts where you intend to benefit from different markets across the world. It is easy to multitask and still make the right decision after you decide to rely on highly reliable forex trading software. The software plays a great role in ensuring you realize the best results as you trade in different pairs of currencies.

 

4. Making decisions based on historical data

 

The forex trading software will make a decision based on historical data. It is hard to repeat mistakes you had made earlier when you apply the software. There are reliable inbuilt systems that will utilize the available data to help you make the right decisions. If you can learn from past mistakes, it becomes easy to avoid them and achieve great success in forex trading.

 

Tips for effective forex trading

 

If you are a beginner in forex trading, then you should come up with the right strategy. You can apply several methods, and they will work perfectly in helping you get the best results. Here are some of the tips you can employ to achieve the best results in your forex trading:

 

1. Know your trade limits

 

Before you get involved in forex trading, you should know the amount you are willing to risk. Forex trade can make you money, but it can also lead you to losses if you are not experienced. To avoid making financial decisions, you cannot recover, start by setting a leverage ratio.

 

2. Know where to stop

 

Forex trading is very enticing. You will start making profits and end up motivated to overdo it. At some times, you will make losses and get motivated to chase the losses. You should know where to stop so that you can avoid being moved by emotion to exhaust your resources.

 

3. Avoid trading based on emotions

 

Emotion will set in as you trade in forex. The decision you will make will affect you in different ways. For instance, you may like to stop, but you have made losses that you would like to recover. In such a case, you will overdo it, and it will easily affect your decision-making process.

 

4. Create a trading plan and stick to it

 

When trading forex, you should set trading plans and stick to them. There are times when you would make mistakes, but you need to keep control of the mistakes. At some times, you will be required to practice a high level of patience. Forex trading requires time, but you should learn to be steady and consistent throughout the process.

 

5. Be ready to explore

 

Several strategies can be applied in forex trading. Ensure you come up with a trading plan and stick to it. There are some cases where you would be required to come up with new strategies. You can start with small amounts, but you will have to know whether the strategy works or not.

 

6. Choose the best forex trading software

 

There are several software trading software out there. It is good to ensure you pick highly reliable software. Check out reviews, and you will know what other people are saying about a given software. A highly reliable software will increase the chances of making good progress in your trade.

 

7. Research the market well

 

There are several things you need to know about trading currency pairs. The currency will be affected by different factors, and they will behave in certain ways. It is essential to check out the behavior of different currencies before you can set up to trade in a given currency.

 

8. Stick to a plan

 

Before you start investing a lot of money in forex trade, it is good to make a trading plan and stick to it. Each time you decide to develop a plan, ensure you stick to it till it yields fruits. The different strategies and methodologies you can apply when trading forex will come with different parameters and have different effects to ensure you invest in the best to achieve great results.

 

The Top 8 Tips for Raising Money Smart Kids

Teaching kids about money can be a challenge as keeping them interested can be a challenge. The topic of money can come off as boring, if not done properly. This means that time needs to be taken to show your young kids how to be smart with money. Personal finance is something that young kids should know at a young age. This means following a few tips to raise money for smart kids.

 

1 – Piggy Bank

 

This is something that should be done from day one. A piggy bank can be added as an accessory which is used to deposit spare change. Younger kids may not understand the concept of money right away, but the concept of ownership will begin to develop.

 

2 – Allowance

 

Young kids can be given a small allowance starting at age five. This is an age where kids need to begin to pick up various tasks around the home. Simple tasks may include putting away toys, folding laundry, and even sweeping the floor. Make a list of a couple chores to complete each day and reward kids with a few coins to put in their piggy bank.

 

3 – Extra Income

 

Certain tasks around the home cannot always be done all the time. This includes vacuuming out the car to washing windows. One option is to set a value or dollar amount for each task completed. This needs to be a set of tasks that are not included for a weekly allowance.

 

4 – Savings Account

 

A weekly or monthly trip to the bank is a great way for kids to learn about saving. Ask your local bank to see if they still have bank books for first accounts. The best age for a child to have a savings account is between eight and ten.

 

5 – Summer Job

 

Young kids that have a summer job can earn money to save or put towards a goal. One job that offers a good way to make a few bucks is a lemonade stand. This is something that can be done on any day that a community has weekend garage sales.

 

6 – Insist on Savings

 

Money that is available to kids means it can easily be spent. One option is to insist that a child keeps only a small amount for spending and put the rest into their piggy bank or savings account. This is a great way to show young kids the value of saving for the future.

 

7 – Limit Restrictions

 

Spending money wisely is just as important as savings. This means not micromanaging the way a child spends their money. Making a mistake or two is needed for them to learn. However, make sure kids are limited in their spending.

 

8 – Teach Responsibility

 

Parents need to be the role model when teaching spending habits. Another aspect to keep in mind is the cost to replace lost or broken items. A child that is not responsible may not know that items may not be easily replaced. Kids should know the cost to replace items so they are not intentionally broken.

Alibaba’s Share Rise Despite Record $2.8 Billion Fine in China

Alibaba share price increased on Monday after Chinese regulators imposed a record fine of $2.8 billion (18.23 billion Yuan).  The share price of the company soared by about 6.51 percent even after the record fine for its monopolistic policies. 

After the imposition of the antitrust fine, the Chinese tech giant had done what many in the West would not expect of large tech companies like Google or Facebook. The company thanked the regulators. 

In an open letter, the company stated that it would not have achieved growth targets if it were not for the sound government rules and services. The statement shows how odd the crackdown of the big tech company has been in China as compared to the US. 

Relief Among Alibaba Investors 

Experts say that the crackdown on the tech giant is extraordinary. The probe into the landmark antitrust case wrapped up in just four months. In the US and Europe, investigations regarding antitrust activities generally take years.

Investors were relieved with the quick decision that lifted uncertainty regarding the fate of the company. The $2.8 billion fine was less severe as it was just 4 percent of the domestic revenue of the company. 

The fine imposed on Jack Ma’s tech company was nearly three times more than the previous record fine of $1 billion imposed in 2015 on the US chipmaker, Qualcomm Inc. But it was much less than the maximum fine of 10 percent of gross revenue as per Chinese law. 

After news of the anti-regulatory fine started to make headway, the shares of the company increased by about 5.5 percent in Hong Kong on Monday this week. 

The co-founder and vice-chairman of the company Joseph Tsai stated, “We are happy to get the matter behind us”. According to the executive of the tech giant the regulatory actions were taken to ensure fair competition in the tech sector. 

Alibaba will have to pay a fine and also carry out certain ‘rectifications’ such as not forcing merchants to choose the Alibaba eCommerce platform. The company has pledged to enforce the rules ordered by the Chinese regulatory body. In return, the regulators will not force radical changes in the e-commerce strategy of the company. 

According to Tsai, the regulators are in fact affirming the company’s business model that he believes is beneficial for the innovation and growth of the economy. 

He had stated that the company was not aware of any other investigations other than the probe about the investment and acquisitions of the tech giant. 

Will the $2.8 Billion Absolve Alibaba of Its Sins?

Daniel Zhang, the current CEO of Alibaba, had declared that the company is ready to move forward. Moreover, the People’s Daily, which is considered the mouthpiece of the Chinese Communist Party assured tech companies that the government was not attempting to stifle the tech sector. 

Investors are relieved that the Hangzhou-based e-commerce firm that is considered as the Amazon of China is not forced to divest or break up their assets. The penalty for the antitrust activities will not significantly affect the business model of the company moving forwards. 

Alibaba share price increased on Monday after Chinese regulators imposed a record fine of $2.8 billion (18.23 billion Yuan).  The share price of the company soared by about 6.51 percent even after the record fine for its monopolistic policies. 

After the imposition of the antitrust fine, the Chinese tech giant had done what many in the West would not expect of large tech companies like Google or Facebook. The company thanked the regulators. 

In an open letter, the company stated that it would not have achieved growth targets if it were not for the sound government rules and services. The statement shows how odd the crackdown of the big tech company has been in China as compared to the US.