CoinFi - The Bloomberg of Crypto Markets
If you belong to the trading industry, you must aware of the Bloomberg. So, the CoinFi community claims to the Bloomberg of Crypto markets. It is quite a big claim but if they managed to make it come true, they'd dominate the crypto market for many years. So, those who are going to support them will definitely get a long-lasting profit. Let's take a look at their claims that how are they going to make it come true.
Problems in crypto markets
There is no doubt that crypto market is the fastest growing industry but there are some drawbacks that are keeping many investors from investing their money in this industry. The crypto investors are unable to make intelligent decisions in a timely manner because they cannot find the information that can be helpful in making wise decisions. The cryptocurrency market is drastically underserved because the investors do not have access to the tools that they can use to analyze the performance of a currency.
Is there any scope for crypto financial intelligence?
The CoinFi is going to be the Bloomberg of the crypto market as it is focused on providing a platform to the users where they can easily process the market data. And the most important thing is that the crypto industry is in an extreme need of such an incredible platform. The Bloomberg is still the most important part of the trading industry. So, you can understand that how far they can take you if you become one of their supporters.
Who can provide the right solution to the crypto market?
The Wall Street institutions won’t succeed in providing a solution as they are going to use those outdated methods of building “toll-booth” businesses that will tax the eco-system. But these methods aren’t going to work at all. The solution for crypto market will be built around a token economy because it is a system that is focused on rewarding those that are willing to add value to the ecosystem. The crypto community and Wall Street institutions are in a struggle of building the dominant market intelligence platform. The CoinFi Community claims that they have the potential to become the Bloomberg for Crypto.
What solution does CoinFi Provide?
CoinFi provides research, analysis, and trading tools that offer Wall Street-like precision. The most remarkable thing about CoinFi is that it makes use of the Machine learning to provide the real-time analysis of news and it also makes use of “best execution” trading algorithms. Another important thing about this system is that they are using the sophisticated algorithmic trading signals to produce outstanding results.
The CoinFi team is constantly testing this product so that they can eliminate all the negative elements and make their platform more and more accurate. The CoinFi system can help you make profitable trades by predicting price movement with enough accuracy.
Arbitrage Signaling
The CoinFi team is also trying to develop a tool that will help in identifying arbitrage opportunities. Thus, the COFI token holders will be able to squeeze out risk-free profit whenever there is an opportunity available. The system is currently under process but it will be launched very soon.
Why choose CoinFi?
The CoinFi has a group of experienced entrepreneurs that are completely aware of the trading industry. Similarly, they have some experts in their group of advisors that clearly understand the flaws of the crypto industry. The most remarkable thing about this group of experts is that they are already solving the real-world problems for crypto investors by developing some valuable solutions.
Conclusion
According to my analysis, the CoinFi team has the potential to become successful as they are already testing their platform to provide an accurate solution to the altcoin investors. If they successfully made their claims come true, the will become the extreme need of the crypto market.
Part of the reason for Bloomberg's prominence is the high standard of writing... which is something that the crypto world really needs to work on. I would strongly urge anyone who is engaged in the financial intelligence side of the industry to go the extra mile and enlist the services of a professional editor (one who understands the content). Good writers can only take things so far.
thank you for this post @cryptofy, this crypto came on my radar about a month ago when I noticed it list on an exchange(kucoin) and decided to hold a very small amount. This post was very informative, and makes me consider taking a larger position upvoted, resteemed,commented,and I just started following you as well.
Hi,please cryptocurrency would you consider as the best to invest in??
Glad you found the post useful!
I did too...
Hey @crytofy , pos bagus!
Saya menikmati konten anda Terus bekerja dengan baik! Selalu menyenangkan melihat konten bagus di Steemit! :)
https://steemit.com/utopian-io/@boyhaqi97/hello-everyone-join-to-utopian-io
()
Wiredwizard
Nice post.
It is time for a new exchange. And I am launching one! Stay tuned. Mark my words. Great!!, Are you serious? descentralized exchanges are the future imo. thanks for sharing https://steemit.com/@hasnat11
Bloomberg is comparatively a very useful platform which helps you understand the market so for coinfi to reach that standards it needs to research well on cyrpto markets and inform people on all the pros and cons of a particular market so novice can understand and invest accordingly.
Agreed!
What do you think about Hedge (HDG). It is currently undergoing a rebrand (I think their new name is something like Blocktrade or something along that).
They claim to have legal compliance and are going to launch an exchange in April with indices (cti) powered by A.I trading. Isn’t it very similar to this project? When will Coinfi launch?
In any case thank you for your analysis. Very informative : )