Since the birth of Bitcoin in 2009, the cryptocurrency market has never experienced such phenomenal growth, in terms of public interest and valuation. So much so that investors, traders and other enthusiasts have all taken advantage, in their own way, of the opportunities offered by this brand new sector. But among those who launched, not all were winners for reasons of means. In order to make this more equitable, the Kryll platform was created so that anyone wishing to get into trading can also benefit from the crypto boom.
What is a Trader?
Before we begin, let’s first define what a Trader is. A Trader is defined as a person who seeks to profit from future fluctuations in a financial asset. This is in order to make profits. To do this, it carries out an analysis of the security in question and attempts to predict its performance.
In other words, it seeks to know if the stock will go up or down. Then, according to his analysis, the Trader carries out a purchase or sale (short) transaction. He will then receive a profit or loss, comparable to the risk he took in executing the transaction.
A Trader is not an investor!
Since the birth of Bitcoin in 2009, the cryptocurrency market has never experienced such phenomenal growth, in terms of public interest and valuation. So much so that investors, traders and other enthusiasts have all taken advantage, in their own way, of the opportunities offered by this brand new sector. But among those who launched, not all were winners for reasons of means. In order to make this more equitable, the Kryll platform was created so that anyone wishing to get into trading can also benefit from the crypto boom.
What is a Trader?
Before we begin, let’s first define what a Trader is. A Trader is defined as a person who seeks to profit from future fluctuations in a financial asset. This is in order to make profits. To do this, it carries out an analysis of the security in question and attempts to predict its performance.
In other words, it seeks to know if the stock will go up or down. Then, according to his analysis, the Trader carries out a purchase or sale (short) transaction. He will then receive a profit or loss, comparable to the risk he took in executing the transaction.
A Trader is not an investor!
Un trading aux performances efficace requiert plusieurs ressources. À commencer par les ressources matériels : telles que la puissance de calcul nécessaire pour exécuter des modèles de données intensifs et analyser les tendances des données historiques cruciales, pour évaluer les stratégies sans risque.
Outre les ressources informatiques, le trading prend beaucoup de temps, surtout pour une équipe d'une seule personne. Préparer la meilleure stratégie possible, lui faire analyser des données pertinentes et la rendre prête à être exécutée en temps voulu, 24 heures sur 24 et 7 jours sur 7, sur des marchés en mouvement, n’est pas donné à tous.
Des compétences techniques et psychologiques
Bien que le trading se soit démocratisé, tout le monde ne réussit pas dans ce domaine. Plusieurs études ont d’ailleurs montré que le taux d'échec dans le trading été largement supérieur à 95%. Pourquoi ? Parce que pour être un trader profitable, c'est-à-dire générer suffisamment d'argent pour vivre de son activité, il est nécessaire d'avoir des compétences techniques et analytiques, mais aussi des compétences psychologiques très poussées.
Vous l’aurez compris, on ne gagne pas en trading du jour au lendemain. Le trading n’est pas un simple jeu. C'est une discipline, un métier, qui demande des moyens, du temps et de la persévérance. L'erreur classique que font les amateurs, est de se jeter aveuglément dans le trading, alors qu’ils ne disposent d’aucune ressources et compétences nécessaire. Ce qui les amène à perdre beaucoup d'argent.
Présentation de Kryll : un Trading plus accessible
“Putting professional trading tools within everyone’s reach by providing a simple and powerful strategy creation tool.” This is the mission that the Kryll project has set itself. The platform offers traders advanced tools allowing them to obtain the best possible returns, on the cryptocurrency market. This is achieved by creating efficient trading strategies or by taking advantage of it. combined community intelligence.
kryll
Kryll features
The platform offers intuitive ways to create your own trading strategies and set them to execute automatically. With the What You See Is What You Trade interface, you can design trading strategies, using the most powerful tools in the industry, and test them securely.
The Kryll platform aims to fill the gaps so that everyone has effective trading tools. The Kryll team provides a simple, yet powerful, order flow-based strategy definition interface. A flow visually describes the confluence of signals from operators present in the market. Thus returning relevant data that determines a particular strategy.
When you have finished creating your trading strategy, you can then test it. Before executing your strategy for good, you can test it over 6 months. Another testing modality will be available with the “sandboxing” option where the strategy is tested as if it actually worked on the market, but without taking into account the impact it may have on the real market.
Once your strategy has proven itself, you can then launch it for real, in your name, taking the right positions at the right time, as if you were following the markets 24/7. On Kryll , you can also rent your own winning strategies, which will help other traders achieve the same success as you. This then allows you to create passive income.
A community of opportunists
Today, there is a very active community made up of several million traders, who trade a whole bunch of cryptocurrencies every day, in volumes corresponding to more than 100 billion dollars. These transactions take place on dozens of exchanges, where people buy and sell bitcoins or “altcoins”. In order to try to take advantage of market fluctuations. This is through signals, trading channels, information flows or even luck and intuition.
There are several communities of amateur traders, who chat on channels such as Telegram, Slack, or Discord. Each of these communities collaborates in the hope of making their way in the vast universe of cryptocurrencies, in order to make a profit. Kryll sees a lot of himself in these communities. Advocating the same values (solidarity, sharing and wealth), the platform offers a tool to unite its communities and thus allow everyone to benefit from the cryptocurrency market.
A team of experts
The core of the Kryll team is made up of seasoned developers and internet professionals who have all traded cryptocurrencies for years. Thanks to their experience and a close circle of advisors ranging from economists, business developers, experts in artificial intelligence and semantic analysis. They each decided to build the ideal platform for cryptocurrency traders.
The economics of the Kryll platform
The KRL token
The Kryll platform is essentially based on the KRL token. The latter has a total supply of 49,417,348 units and is ranked 755th in terms of market capitalization. At the time of writing this article, the KRL has a daily trading volume exceeding 200 thousand dollars and is worth €0.40. The highest level reached by it was €4.
Usefulness of the KRL token
KRL tokens are spent when using a trading strategy in action. Indeed, as on any blockchain, the execution of smart contracts costs more or less depending on the complexity of the operation that has been coded. Thus, each execution of a trading strategy on Kryll will cost in KRL. This cost, necessary for the strategy to function properly, will therefore be more or less expensive depending on the complexity of the task carried out.
No fees
Creating and testing strategies with the sandboxing option will be free for all users. Apart from the costs of KRL spent in the platform to power the trading strategies, no other expenses will be charged by the platform: no subscription plan, no hidden fees, no commissions on trades, no transaction fees. strategy rental.
Cost management
As the value of the KRL token (relative to dollars) will vary over time, an autonomous decentralized smart-contract will reevaluate every 48 hours the costs necessary for the operation of trading strategies. This will keep costs at a fair level for everyone, regardless of the value of the token over time.
Rental of strategies
When using a strategy provided by a creator, an amount of Kryll is set by the creator. This amount corresponds to the price that the person who used the trading strategy of the creator in question will have to pay. On this type of transaction, Kryll will never charge fees for sharing or renting a Trading strategy.
