Rule of Three

All the new markets and products are generally created or started by the first one or two movers or start-ups. They are quick to see the opportunities and are ready to take risks. After their initial success, it is usual to see many more players jump in and try to capitalize on this potential. Slowly, more and more players jump into this market or start producing the same products. Soon the market is fragmented with many companies competing for the market share and increasing their revenue. According to the Rule of Three, eventually all new markets will mature and consolidation will take place and only a handful of companies will control the market. A number of economists after a lot of research agree that about 70 to 90 percent of the market will be dominated by 2 or 3 players and the rest will be with small or niche companies.

It is almost like companies have only two options: buy or be bought. One of the reasons we see many start-ups which have started well and are continuing to do well are bought and taken over. It is not a bad deal because the start-ups have limited resources and growing beyond a certain point requires much more capital and bigger setup. Bigger companies are always on the look-out for smaller companies which are either doing very well and can create problems for the bigger company or companies which are not doing well but can be turned around or can add some value to the bigger company. Rule of three can turn the market into a playground for the big companies and they can control the market according to their wishes. The customer does not remain the king anymore.

Sometimes this rule can become a problem for small companies which want to remain in the market. One way to remain independent is to have a niche product. Similarly, if you look at the online trading platforms, there are a number of them available on the internet. Not all are as good as this website. This is an automatic trading platform which has been programmed in such a way that it gives you the best results possible. It does not matter if you are new to trading and have not much of an idea about the process. The system will help and guide you completely and let you learn at the same time. If you are an experienced trader then also it adapts and adjusts and works according to your needs. It is one of the major companies in the field of online trading.

The Bank Accounts For You

Your personal profile in the bank is centered on an account that holds your money and enables the various financial transactions and economic activities. The account itself is of numerous types, each with its own sets of extra facilities and requirements. It is imperative to know them, or at least to get introduced to them because based on the intended transactions, the complimenting account selection has to be made. The purpose of maintaining an account can be to save the holder’s money, open options to increase its value and avail the best horizon of financial services for smart economic and lifestyle planning.

The types of bank accounts

Based on popularity and general application of usage, it is beneficial to know about the following types of bank accounts:

Savings account

The ideal account for those who do not want to have continuous transactions, but prefer the money to get saved in the account and, even if gradual, lead to interest accumulation is the individual savings account. It is rather like an official account which is often joined by other saving investments like fixed deposits, certificate of deposits, recurring deposits, etc. A salary account when coupled with a savings account, makes an automatic extra saving without the need to deposit specifically or extra documentation.

Current account

To carry out constant transactions for routine, business and extra operations, opening a current account give access to our money without restrictions and too many service charges for the facilities availed.

Joint account

For an individual, opening a single account is the first action of banking and for having a second person to operate the accounts, usually business partners or family, a joint account is a solution. For example, if the husband manages the outdoor financial actions, and the wife takes care of the mobile banking or internet banking activities for repeated monthly commitments, this website account serves both the purpose sides.

Loan account

For funding options, the customer is given an individual account in the bank providing loan or financing, in which the repayments, interests, loan statements and credit history are linked. Once the loan is paid back in full, the account is closed with a loan closure statement.

Demat account

Market transactions and trading activities including brokerage are carried out through demat accounts that are dedicated to the sole purpose of retail brokerage or stock market trading. The owner will have such an account and so will its customers.

NRI Account

Receiving and exchanging international currencies invite a set of separate legal and financial regulations such as higher interest rates, higher service charges and tax deductions. To accommodate the extra requirements, the NRI account is opened in the name of the foreign currency earning individual.

Ways to meet the client’s needs

It is obvious that no business can run without the patrons and we could even say they are the pillars of support for our success in the business industry. So, always focus on customer satisfaction and never ever forget to meet their necessities. In any type of business, either it might be small or large and either it might give us back profits or loss, it is the duty of the business owners to serve the clients in a fantabulous way and always try to meet their actual requirements. Else,  theremay happen to lose many customers due to our carelessness. So, first, be clear with what your valuable patrons require as an end product and move on with the steps to execute it effectively.

If you are not aware of the ways to meet the needs of the customers and keep them satisfied, read this article post and I have tried my level best to portray you a few tips and ways to achieve it easily and I trust this helps you a lot either now or in future.

  1. Give ears:

The clients never want to be in our control because they pay a huge amount to them to satisfy their requirements. So, we the businessmen should come forth and give our ears to their words and get to know what they need actually so that we can deliver the exact product without any complexions.

  • Communication:

Communication plays a vital role in every business and both the business trader and the customersmust have good wavelength and they must communicate well with each other so that the ned product will be great as we desire. But few manufacturerslack in this point and they do not interact with their clients and this leads to many confusions and unanticipated flaws in the final result.

  • Support team:

In many business companies, they have a separate sector for serving the customers and this helps to know about the patrons very much easier. The support team should be able to answer the calls and reply to their questions or queries without any hesitation. We can even see this team in automated robot trading softwares like BTC Profit which focuses more on the client’s satisfaction.

Thus concluding that to achieve greater heights in the business market, do concentrate on meeting your client’s expectation first and you can gloss like stars in the sky very soon. because without amazing customers, we the business processors are nothing.

   Tax Implications on Taking a Crypto Loan


Taking the Tax neutral approach for crypto loans is a big savior for people who have invested in the cryptocurrencies and feel they have locked up the investment, as they will be taxed at every occasion of buying, transferring and selling. The approach towards taxing the crypto transactions look complex yet the IRS has devised simpler ways to declare the heavy selling of cryptocurrency and taking the sale proceeds including the profit in fiat currency like USD.

There comes the gap between the real and the virtual. Investors save up a lot of money to invest in digital currency and wait until the prices are stabilized, once they initiate the sale, expecting a high payout as promised by using the software Bitcoin Loophole, the brokers pick trade signals according to your exposure and then choosing to trade effectively. Sounds great! However, if youcheck over here there could be a huge capital gain tax liability waiting to be paid off.IRS has not specified anything in explicitly for such nature of transactions in cryptocurrency, there is a view that the transaction of selling cryptocurrency is like property sale and purchase.

Are Crypto Loans and Interests are taxable

  • using the traditional lending the use of the property as collateral is not subject to tax, hence the same principle is applied for not taxing the crypto loans
  • using the loan for the specific purpose determines the tax liability, if the loan is taken for personal reason, and then used to buy property, that will be produced as investment income , the interest paid on using the loan for the said purpose may be treated as a tax deductible depending on the very nature of transactions
  • crypto loans were taken purely for commercial purposes, the interest paid is treated as a legitimate tax deductible
  • when there arises a situation of liquidation, as the borrower does not respond to any of the margin calls, the value of the collateral automatically crashes by more 40 %, the unchained amount will be sold and the borrower will be forced to close the loan and recover the balance payments during liquidation, this will be treated as a property sale and the amount received will be subject to capital gain tax
  • when the margin call happens, the borrowers can choose to add in more additional collateral or pay of the principal and re-adjust the loan to the value levels appropriately.

Say goodbye to needless business pressure

Each and every businessman might feel some sort of stress and pressure but most of the times it is needless.  The business owners must equip themselves very well to face all those hazards and overcome in life. Let us go to this web-site, make a quick search about it and discuss here briefly. This might help a lot of new business traders who feel very disgusted because of business.

  1. Work-life balance:

The manufacturers must know how to manage both personal as well as business lives very well else this might become a burden for them. never bring your work pressure home and enjoy with your family members at home without worrying about the workplace and the works.

  1. Meditation:

Meditation is the best way to say goodbye to stress. We could have seen many persons who have recovered from great stress after following meditations properly and effectively. So, learn it how to do in the right way, follow it regularly and get away from the unanticipated pressures.

  1. Yoga:

Yoga keeps the body and minds fresh and free from all the unnecessary struggles and burdens. The past generation people have done yoga daily and they lived very happily without any tension in mind. So, those who feel very stressed can practice yoga interestingly and get a wonderful result soon.

  1. Diet:

Diet matters a lot to live a happy and peaceful life and so make a diet schedule, try to follow it and maintain your body and mind in a healthy way. Some people avoid eating while doing works in a business and this should be avoided and never ever skip your meals in your workplace because when the stomach does not fill, then the mind never cooperates to work. So, eat well, work well and succeed in life.

  1. Sleep:

Sleep is the best medicine to cure all unnecessary burdens and pressure. Try to sleep whenever you get time and this will gradually decrease the stress form you. Many people are not having good sleep due to the over or pressure and that is why their health is getting spoiled day-by-day.

  1. Enjoy:

Have some fun at the workplace, enjoy with your friends and colleagues, laugh more from your heart and you will be automatically come out from the stress. But we are all lagging at this point and that is why we feel very disturbed and abnormal.


Thus concluding that know to separate your work and personal lives to lead a great life without any unnecessary stress.

All About Depreciation

Over a period of time, all the things that we use become old.  We humans too grow old.  Our productivity is reduced then.  This is true even for the machinery, buildings cars, and all assets.  These too become old, obsolete or worn out.  You cannot sell an old car which has visited the mechanic umpteen times at a high price.  This decrease in the value of assets has to be recorded for accounting purpose.  Hence the concept of depreciation came into existence.

Practically fixed assets do not give huge returns like Qprofit system.  Click here now to know how.  In business, it is inevitable to invest in machinery and building which depreciate.  Please find the below uses of depreciation:

  1. Depreciation ensures that the fixed assets of a business are shown in the books at their present values. This will ensure that firms do not overrate their assets and build their balance sheets.
  2. Depreciation can be claimed as an expense. Few nations allow tax rebates on them.
  3. The reduction in asset value has to be accounted gradually over years. A sudden reduction in value will impact the business profit.  Depreciation enables gradual reduction over years.

Types of depreciation:

Following are the different types of depreciation:

  1. Straight line method: This is the simplest form of depreciation.  The amount of depreciation remains the same for each year.  The amount is arrived by dividing the cost of the asset less salvage value by Number of years for which the asset can be used.
  2. Double declining method: The same percentage of depreciation is reduced from the opening book value of the asset every year.
  3. Units of production method: It is based on the total hourly usage of the asset and the total number of units produced using the asset.
  4. Sum or years method: One of the accelerated methods of depreciation is the sum of years method.  In this method, a higher rate of depreciation is claimed during the initial years.  A lower rate is charged during the subsequent years.

Maintaining the assets in excellent condition will reduce their wear and tear.  This will also fetch a good salvage value.  Sometimes firms create provision by creating a depreciation fund.  An equivalent amount will be allocated to the fund every year.  Finally, this fund will be used for replacing the worn-out asset with a new one.  The concept of a fund is a very useful and innovative idea.   It removes the worries of raising fund for asset replacement.



In Brief About Global Economic Trends

In Brief About Global Economic Trends

Things are changing faster than they could possibly be. People across the globe are seamlessly connected by an unprecedented network. New technologies and innovations reach their audience at rocket speed. The changing economic trends, people’s preferences, growing political uncertainty and the exponential advancements in technology will transform the global economy in a decade. This full report outlines the insight of the future economy. The following factors are needed to be discussed and dealt with.

Productivity anomaly:

Global productivity is not growing as fast as it should be. This is a sheer paradox. The technological advancements and innovations are tremendous, and logically there should be an increase in productivity. When we look deeper into this, we can simply conclude that the recent innovations results in comfort and goodness, rather than expanding the production and manufacture. Today’s technologies are making people obsolete. For instance, we spend day and night to study the technology, codes and the process of issuing air tickets manually. Then, the whole thing gets automated in a day and all the hard-learned skills seem worthless.

Income inequality:

Economic inequality and differences are prevalent across the globe. When I look closely at the economic growth and statistics in the last40 years, all I can see is the convergence of a large extent. The individual income and financial status of people living in the emerging markets are steadily growing compared to that of those who reside in advanced economic markets. As a result of the previous industrial revolution, people in low paid jobs switched to decent paid jobs city side. Those times people were able to find a new job if they lose one. This is not the case in the current world. Getting a job and holding onto it is too difficult.

Increase in work population:

There has been a massive increase in the work population in the last few decades. Outsourcing has become common as a result of globalization. People across the globe, especially Asians have entered the World market with ease. They possess required skill sets, higher intellectual knowledge and they handle new technologies effortlessly. They take the jobs from the developed countries and as a result of which there has been a backlash against trade and globalization.

I strongly insist on developing competitiveness among world economies. Competitive spirit alone helps the nations fight the shortcomings and generate employment opportunities to all the citizens.



It Gives Me Jitters To Think That People On The Internet Wield So Much Influence

It Gives Me Jitters To Think That People On The Internet Wield So Much Influence


On any other occasion I would have never been bothered about any reviews on the internet:

But when I read not one, not ten but hundreds of negative reviews on the internet about my favorite trading software Bitcoin Trader, it just did not make me upset but it ran a shiver down my spine that these reviews were not just farthest from the truth but were doctored to create an impression that this software was at its source a fraud and only swindling the money of its trader patrons.

I have been on this software for the most part of eight months and I cannot even begin telling you how good the software is!

It is one of the most ethical of software that I can point a finger at in an industry that is mushrooming with hundreds of scammer software.

I know what the strategy of the haters is!

These haters on the internet who go on cribbing about completely legit software such as this to be a scam are actually trying to influence the people of the internet by sheer numbers. If they cannot convince they are trying to confuse the people more so that they get discouraged from signing up on legit software.

How will that benefit them you ask?

Well, if a trader does not log on to legit software, there are at least a dozen scam software that is waiting to catch him and draw him towards them with false hopes and tall promises. Some of the promises are so hilarious that it is difficult to even fathom how investors and traders are drawn towards them!

This software has been the light at the end of the tunnel for me!

After a losing streak of more than one and half years mostly because of getting onto the wrong kind of software, I was dejected beyond words. I had given myself one more chance after which I would have quit trading itself.

Thank god that this software did not let me down:

It is not really about the money that I would have lost; it is the betrayal of trust that makes me emotional. Here are traders who risk their hard earned money to the tune of hundreds of dollars in order to make small sometimes just tiny additions to their bottom line and then there are crooks who will shatter their dreams by either swindling it off on the pretext of wrong trades or will simply bring his trading account to zilch and close their shutters. I sometimes think what kind of spineless species they be to exhibit such inhumanness!


Trading with cryptocurrencies? Keep this in mind..!!

Trading with cryptocurrencies? Keep this in mind..!!

Investments are always the best means of support for any person. It is considered the riskiest form of investment, but of course the best. It also matters that we choose to invest early so that we can make maximum benefits. People invest very late and blame the system for not getting effective returns. Let us understand some important points to keep in mind before investing.

  1. Cryptocurrencies are the recent sensations. The prices get to increase when the demand for the quantity keeps increasing. Before it gets fully influential and the demand increases we need to buy loads of it. It is good to accumulate a large quantity when the price is less.
  2. It is also a true fact that investments grow over time. This is mainly because; we keep investing money on a large scale and accumulating over a period of time. It also matters that we transact regularly and earn on a large scale by waiting patiently for the right time to invest. It helps us a lot. Attitude to wait is very important.
  3. Investing early lets you invest a lot during your lifetime. When we keep investing regularly and over a period of time, we will not find the intensity of it. It keeps us convenient over the entire lifetime.

Now, how can we go ahead with these cryptocurrency investments? What is the best resource to get hold of? What will be the return percentage in case we start investing early and how often should we trade? To get more impressive answers, we have auto trading robots. It is created by investors who are good in their investment knowledge. It happens so that we get to explore a lot with these auto trading robots. Bitcoin Loophole is one of the best in this class. Get to know more about them by reading the Bitcoin Loophole full review.

The features have proven to be very user-friendly. The software system is programmed to analyze the market and suggest good decisions or take the necessary actions on its own and on behalf of us. It is the right time to invest and the best-known method to invest on a large scale. Try not to interfere in too many methods and just enjoy the way you trade and earn over a long period of time. It is interesting and great as well.



Online trading is becoming quite famous with the widespread use of internet and computers. Everybody is getting attracted to this easy way of making money online. This is suitable for all age groups irrespective of the financial knowledge and experience.  The online medium provides the best opportunities in trading to all classes of people. There are many tools such as signal providers, online trading robots and access to free educative materials. Today the investor can take better and informed investment decisions with the help of the latest software and tools that are available on the internet.

There are many websites that offer advice and guidance on picking the right type of investment that suits the risk levels and capital investments.  All the required information is available at our finger tips. It is important we read through the right materials and not get carried away by the tall claims that come up in the advertisements. Always do extensive research before picking a particular website. Websites like cyber mentors help the potential investors by providing all the required tips and information about forex and crypto currency trading.

They present their articles in simple language so that all of them can understand the process irrespective of their educational background. They have articles related to forex trading, crypto currency trading and other novel forms of trading. It also has the list of top 10 trading apps which are the leading players in the industry. It also has the list of trusted and legit brokers who deal with forex and crypto currencies. It also alerts the traders of the scams and fake brokers prevalent on the internet.

These websites serve as watch dogs of online trading as they review all the systems that are available on the World Wide Web. The reviews they provide are quite useful to the traders as they can choose the best option after going through the pros and cons of each one. Most people who are attracted to these types of trading are novices. Platforms like these are a boon to the new traders as they educate them of the trends and threats in the industry. The website also keeps the traders informed about the risks involved in the forex trading and crypto currency trading. My explanation of this website is one that is really helpful and informative for people who are interested currency trading. It helps people gain in depth understanding of the various methods of profitable investments.