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Specification
Name of cryptocurrency - JumboBumpToken
Ticker Symbol - JBT
Exchanges - (https://i.imgur.com/BagA4xT.png) (https://www.livecoin.net/ru/trade/index?currencyPair=JBT%2FBTC)
Source code repository – https://etherscan.io/address/0x3e7168dd709e8f22a88fb9cd8bbbeacd1040433c#code (https://etherscan.io/address/0x3e7168dd709e8f22a88fb9cd8bbbeacd1040433c#code)
Total supply - 10,000,000 JBT
Contract - 0x3e7168dd709e8f22a88fb9cd8bbbeacd1040433c (https://etherscan.io/address/0x3e7168dd709e8f22a88fb9cd8bbbeacd1040433c)
(https://i.imgur.com/ds0nlTA.png?1)
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ROADMAP
1. December 2017 – listing, website development, bounty
2. January 2018 – twitter account
3. February 2018 – reddit account
4. March 2018 – website announcement
5. Q2 2018 – filling website with related materials
6. Q3 2018 – project results overview, next steps development for the project
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EXCHANGE
If we browse any website with announcements there we can find huge variety of service offers. Once we found what was looked for at a reasonable price we buy it – this is unorganized market. Here one can refuse to buy at a final point of bargain and there is option for negotiations.
Should we replace the goods we got used to for assets, for instance, in this very case cryptocurrency then formalize terms and liabilities of trading and arrange both sellers and buyers by interests, there we get organized trading, namely exchange.
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HOW IT WORKS
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Exchange itself is an organizer of trading data, secures transactions fulfillment.
Broker provides access to exchange trading for his customers, keeps and accounts their assets.
Supervision, licensing of an exchange and its members is being carried out by a profiled authority.
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WHY POPULAR
Before you start trading, we advise you to listen to free trading tutorials, now they are widely available.
Exchange trading always attracts people with opportunities of quick profit. In the early 2000s was a gold boom, the price of precious metal increased by 6 times, and shares of gold mining companies jumped in 20-30 times
One of the last booms is the rapid growth of bitcoin up to US$20.000 ended in December 2017.
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(https://i.imgur.com/EXLR9AQ.png)
SHORT
Is it possible to earn on the fall of price? In fact, it is not more difficult than on growth, only the order of actions changes. For example, you know that bitcoin during the week will fall, you can borrow it from someone and sell now, and a week after the price falls to buy and pay the debt, the difference remains with you and it is your profit.
Some people think that opening a short position means buying shares and in two days or even two hours to sell it. That's not really true. Even if the duration of transaction is one minute – it will be long, only short-term.
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LONG
Long is more common, as opposed to shorts. Perhaps, because long positions are more logical: you want to earn? - buy, wait for growth, sell.
Longs have a variety of advantages, one of them is that if the shares are bought for personal money, which you did not borrow and if they fell just now (although you expected growth) - there is no reason to panic.
The Advantage of Short is that it helps to earn, when everything around looks not very positive.
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