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Tuesday, 27 June 2017

Why Invest on Artificial Intelligence - Why Invest on Artificial Intelligence


Why Invest on Artificial Intelligence

"Why Invest on Artificial Intelligence" 

in the news Why Invest on Artificial Intelligence? What this all about..... See below. 

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An overview on Artificial Intelligence

How to profit from Artificial Intelligence
How to profit from Artificial Intelligence


Artificial Intelligence is a form of intelligence which machines exhibit to perform its tasks and achieve goals. It picks up stimuli from the environment and delivers an output which is driven by its intelligence. The theory is similar to the working of a human brain. Complex systems and machines have the ability to learn, owing to its artificial intelligence. A broad application of artificial intelligence is Machine Learning. The concept of machine learning is based on the idea that machines can learn for themselves if data is and information are provided to them.

The meaning of the term artificial intelligence has changed over time. Applications of artificial intelligence that involve machines which use intelligence to perform actions are more of a routine technology. Examples of artificial intelligence are understanding human speech, mimicking cognitive functions of human beings, autonomous cars, interpreting complex data and more. 

How to profit from Artificial Intelligence

If you are wondering how to profit from artificial intelligence, then you must have a basic knowhow on the fields where artificial intelligence has a big impact. Artificial intelligence is expected to boost the economic growth of 16 countries by an average of 1.7 % by the year 2035. Its beneficial and positive effect will reflect on Education the most. Apart from that, food services, construction industry and accommodation are the other areas where artificial intelligence is going to be a big hit.  To learn how to profit from artificial intelligence, you must have a solid foundation of how artificial intelligence works. Nvidia or NVDA could be a smart way to play it.  The chart has been flying high lately and has lots of interest as you read this......

How to profit from Artificial Intelligence


AI has a significant role in the field of automobiles. Automation of cars and self-driving cars are in hold for the future. Nvidia (NVDA) has invested a huge sum of $2 billion on a deep learning chip of AI. It can read traffic lights, read street signs, navigate and also change lanes. The new Teslas have adopted it. Audi is next on the list. Another huge AI application is Facebook. Facebook is building an AI assistant whose learning capability will be exponentially higher, helping its users manage their lives efficiently.

The ripe areas where artificial intelligence and machine learning will play a critical role are Marketing Automation, Data Analytics and Salesforce Automation. According to statistics, about 81% of the total IT leaders are planning investments in artificial intelligence.

Therefore, AI is one of the most profitable fields which has revolutionized the way things coudl work in the future. 

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Sunday, 25 June 2017

This high school dropout who invested in bitcoin at $12 is now a millionaire at 18


This high school dropout who invested in bitcoin at $12 is now a millionaire at 18

"This high school dropout who invested in bitcoin at $12 is now a millionaire at 18" 

in the news This high school dropout who invested in bitcoin at $12 is now a millionaire at 18? What this all about..... See below..

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erik finman
erik finman

Erik Finman made a bet with his parents that if he turned 18 and was a millionaire, they wouldn't force him to go to college. Thanks to his savvy investments in bitcoin and the current all-time high valuation, he won't have to get his degree.

"I can proudly say I made it, and I'm not going to college," Finman said.

He currently owns 403 bitcoins, which at the current $2,700 a coin puts his bitcoin value at $1.09 million. He also has smaller investments in other cryptocurrencies, including litecoin and ethereum.

Bitcoin is very volatile, and the value could decline rapidly. A technical analyst told us he believes bitcoin will only go up to $2,800 before the value recedes, while others think it may reach $100,000 in a decade.


Finman thinks its best days are still ahead. "Personally I think bitcoin is going to be worth a couple hundred thousand to a million dollars a coin," he said.

Bitcoin and the blockchain technology it is built on allow people to cut out the middleman, Finman explained. For example, an open source blockchain ride-share platform would allow users to power the service on their phones using peer-to-peer technology without a central hub. It would allow the drivers to get more money by cutting overhead costs, he added. It could also create the next evolution of the internet, one which wouldn't be reliant on servers.

The first time, he turned $1,000 into $100,000

Finman began investing in bitcoin in May 2011 at the age of 12, thanks to a $1,000 gift from his grandmother and a tip from his brother Scott.

Though he's close with his family — which he calls the "Elon Musk version of the Kardashians" — growing up in "small town" Idaho outside of Coeur d'Alene wasn't easy. Finman was especially frustrated with his high school teachers, and begged his parents to let him drop out at 15.

"(High school) was pretty low quality," he said. "I had these teachers that were all kind of negative. One teacher told me to drop out and work at McDonald's because that was all I would amount to for the rest of my life. I guess I did the dropout part."

Surprisingly, his parents — who met pursuing their Ph.D.s at Stanford — agreed. Finman sold his first bitcoin investments at the end of 2013, when they were valued at $1,200 a piece.

With the $100,000 Finman launched an online education company called Botangle in early 2014 that would allow frustrated students like him to find teachers over video chat. He also used the funds to move to Silicon Valley, did some fun things like meet Reddit co-founder Alexis Ohanian and traveled.

"I really liked Colombia," he said. "It was fun, but a little sketchy. Some interesting stuff happened. I was held up at gunpoint there, which is pretty scary, but I have this emergency button I programmed in Android that puts you on speaker but turns off audio automatically and dials [a local emergency number]."

"Maybe I'll turn that into an app," he added. "It's handy."



It was hard getting people to take a 15-year-old tech entrepreneur seriously, Finman admitted. He recalled being called in to interview with a "really, really high-up" unnamed Uber executive, who instead of listening to his Botangle pitch discouraged him and told him he would never win the bet with his parents.

Eventually he found a buyer for Botangle's technology in January 2015. The investor offered either $100,000 or 300 bitcoin, which had dropped in value at that time to a little more than $200 a coin. He took the lower cash value bitcoin deal because he believed it was "the next big thing."

"My parents asked 'Why don't you take the more cash?"' Finman explained. "But I thought of it more of an investment."

Since then, Finman has been managing his family and his own bitcoin investments. He's also kept busy on other projects, including working with NASA to launch a rocket through the ELaNa project. One thing he won't do is go back to school.

"I never got my GED, and I don't see the value in it," Finman said. "The purpose of that would be to get another education level and get a job. I had to learn through running a business. Instead of writing essays for English class, I had to write emails to important people."

Although the rest of his family has degrees — his brother Scott went to Johns Hopkins at 16 and now has an enterprise software company, while his other brother Ross went to Carnegie Melon at 16 for robotics and is now pursuing his Ph.D. at MIT — he's happy learning about the real world from experience.


"The way the education system is structured now, I wouldn't recommend it," Finman said. "It doesn't work for anyone. I would recommend the internet, which is all free. You can learn a million times more off YouTube and Wikipedia..

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Thursday, 22 June 2017

3 swing trading strategies that work


3 swing trading strategies that work 

"3 swing trading strategies that work " 

3 swing trading strategies that work? What this all about..... See below. 

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3 swing trading strategies that work ?  

First of all What is price action?

Swing traders look at price action as the art of looking at candles on their charts to determine the direction of a stock. Technical indicators can also be used, but mostly its about just looking at the price itself. 

Tip 1.  Identify support and resistance. 

If you can identify support and resistance levels in technical analysis you will realize this is the most important aspect to chart reading. How many traders pay attention to this. Well, the very good traders do!. Too many traders base their opinions on indicators such as Stochastics, MACD and other nonsense without realizing price pays, and the different levels of the chart are more important. 

Back 100 years ago, there was no such thing as indicators, and the top trader would go off the tap, and areas of support and resistance in the charts. In fact, this was the main reason technical analysis was born, as there is no other way to predict the price movements before they happened, but as soon as these terms were invented, it helped trader recognize familiar patterns, and enable them to trade and make consistent weekly profits without fancy software. 

Tip #2. Analyze the swing points

Swing points are often referred to as pivot points. These are the areas of a stock charts where important short term reversals take place. Not all these pivot points are created equal, so its mandatory that you base your decisions, on the most recent pivots points and not pivot points that occurred more than 12 years ago. 


Tip #3. Wide range candles are great. 

Wide range candles are candles that mark important changes in sentiment on every chart, and in many time frames. They market important points of price action where buyers and sellers disagree. They can often be used to mark important changes in a trend, or mark reversals. It’s a pattern that larger hedge funds or professional traders look for when watching and trading the markets. 

The reason this is a great thing to look out for a trader, is that in every time frame you can see the major reversals points, and it’s like a big green light for those traders who missed out on the initial major move. This is the point where a trader would then have the option or a second and third chance to get in

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