OFNOG an Innovative Platform |
Posted: April 6, 2018 |
Introduction I know you are entitled to your own opinion, but you will agree with me that cryptocurrencies, by virtue of their underlying blockchain technology come with a multitude of benefits, some of which includes decentralized structure, ease of use, overcoming geographical restrictions, fast and secure transactions and a lot more. The introduction of Bitcoin in the year 2008 marked the beginning of a whole new era; the first cryptocurrency has over time created an entire new industry segment with a wide range of applications. Consequently, the number of new cryptocurrencies that make up for this segment have skyrocketed over time, thanks to various new tokens associated with blockchain projects and other standalone blockchains protocols. Undoubtedly, the year 2017 has created a milestone in the cryptocurrency industry after the noticeable increment in the people’s participation and also after prices soared to record highs, which continued into the new year. Consequently, this surge in cryptocurrency price has created renewed interest among investors and traders, both individual and institutional to diversify their portfolios by including crypto-assets. The Problem & OFNOG As A Solution The phenomenal rise in the number of traders supplemented by trading platforms has resulted in lot of confusion among the community members, especially due to the high volatility of crypto-assets, varying prices on different platforms and not to mention, the 24/7 markets. There is a huge problem as far as new traders, who are clueless about the mechanics behind cryptocurrency price variations and interpretation of price trends are concerned. As they explore the market with limited or no exposure, many are encountered with losses due to poor trade decisions and changing market scenario. In such a situation, a solution that can make it easier for traders to take the right decisions is of necessity and the rising numbers also make it imperative that such a solution can cater to not just a small group of people but the entire community. Using Artificial Intelligence (AI) and Deep Learning technology, OFNOG is set to introduce a certain degree of automation into the cryptocurrency trading process. OFNOG is a blockchain project created by a team of IT experts with experience in multiple Fortune 500 companies. We all know that the use of trading bots is no longer new gist and many have in the past used them to automate and execute their trades, but then, these bots have their own shortcomings as they can only execute trades based on few pre-defined parameters, which in many cases may not be ideal not to mention the fact that some of the platforms have taken measures to prevent such activities. OFNOG combines AI and Deep Learning to cryptocurrency trading and provides a platform that is capable of monitoring the markets, collecting critical data, conducting in-depth analysis of the historic market trends and comparing them with fresh data sets to predict potential future price movements. In addition, signals derived from such analytical processes can be readily used by traders to place orders on relevant exchanges and reap profits. OFNOG uses AI to analyze the cryptocurrency market data and trading trends and compares it with the existing scenario to create trading signals which can be used by traders on the platform to place their trades. While using OFNOG, even those who are new to cryptocurrencies will be able to gain access to the collective “wisdom” from months, and even years of trading trends. With this, the OFNOG platform will automatically increase the trader’s success rate and helps him observe and learn the nuances of trading with time. Token Details & Sales
Conclusion The OFNOG platform brings in automation and artificial intelligence to cryptocurrency trading, a market which never sleeps. With OFNOG, it is not just the seasoned traders who stand to reap the benefits as anyone can make use of the Artificial Intelligence and Deep Learning driven trade signals provided by the platform to place profitable orders. Similarly, traders will no longer spend most of their time staring at the computer screens for price fluctuations; the platform will enable them to have their trades executed on time 24/7. Why not ease yourself off the trading stress and surrender all to OFNOG? To join participate OFNOG ICO Visit www.ofnog.io
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