LUCRE (LCR) PROJECT - Algorithmic Trading Platform on a BLOCKCHAIN Network

The market of cryptocurrency is sometime too dynamic to predict. This make many trader play safe and sometime feel unsure of what to do next. Cryptocurrency trading that is run based on instinct or experience only might not give a good result. There is an outgoing debate in the cryptocurrency community about the merits of day trading cryptocurrencies as opposed to holding or “HODLing” them. The strategy of buying a cryptocurrency and then holding it for a long term hasn’t been successful recently.

Performance of just holding was great only in good times when the market kept going up but it turned sour after its peaking on Dec 18th 2017. Bitcoin has taken a big dive from its peak at almost $20,000 to hovering around $7,000 a coin for some time now. Other cryptocurrencies such as Ethereum and Ripple, have fared worse, down 80 percent and 92 percent, respectively. Many of those caught up in the crypto fever of late 2017, who bought coins close to their peaks, like some of the cryptocurrencies themselves, now lost 90 percent of their money.

There is a long list of advantages to having a computer monitor the market for trading opportunities and execute trades. LUCRE is an automated algorithmic trading system based on statistical analysis of data from the last 5 years (for BTCUSD). Automatic trading, it is possible to set specific rules for both trading entries and exits which, after being programmed, can be automatically executed via a computer. After the rules are established, the algorithm monitors the market to find buying or selling opportunities based on the specifications of the trading strategy. Depending on the specific rules, as soon as the trade is entered, each order to stop the cessation of the protector, stop the trailing and the profit target will be automatically generated. In fast-moving markets, this instant entry order can mean the difference between a small loss and a catastrophic loss if the trade moves against the trader.

LUCRE is a project with the ability to generate revenues in all kinds of market conditions through buying and selling with every good opportunity. Even in a current scenario of not so profitable crypto market, Lucre attempts to make a profit by making short-term trades through its Lucre trading Algo that runs on a Metatrader trading platform. The interested investors can purchase the LCR token through the upcoming Token Sale that will track the performance of the Algorithm. The price will be updated regularly to accurately reflect the value of the underlying Crypto assets being traded by the Algo. A participant can trade on the exchanges which will list the LCR token.

LucreToken offer the following features:

SIGNAL SERVICE: Receive buy/sell/close alerts of high-quality and exclusive trading signals with +75% of accuracy to trade it yourself on any broker or exchange.

AUTOMATED TRADING: Fully automated system compatible with all Crypto exchanges and Forex CFD brokers to connect LUCRE with your account without need to move your funds.

TRADING POOL: LCR tokens deposited in the pool will be managed by LUCRE algorithm and trading team.

LucreToken process steps are:

Participant applies for the LUCRE Token and gets whitelisted (KYC/AML). After receiving the confirmation of been whitelisted the participant then sends the funds (ETH) to the public address of the Token sale event. After receiving the funds, LUCRE smart contract automatically sends the LCR Tokens to the sender’s wallet. Part of these funds are sent to the company reserve fund wallet; At the end of the Token sale event, 40% of the received funds in ETH are liquidated and transferred to the LUCRE Derivatives Trading account where trades are executed by the LUCRE Algo. The trading account is also linked to a third party system where the performance of the Algo is verifiable 24X7.

For every trade executed by the LUCRE Algo, a signal will be sent out to every participant who has contributed more than 1ETH during the Token sale. These signals can be used on Metatrader terminals offered by CFD crypto brokers and in the future will be available for crypto exchanges as well.

Daily performance calculations will take place and posted on the LUCRE dashboard.

LUCRE aims to bring risk to an acceptable level for allocations to retail participants. The maximum disbursement of LUCRE Algo trading is 30% in 1 year of trading test results. In comparison, BTCUSD has dropped 70% from its peak in December.

The power of automated algorithm is in eliminating trader’s emotions, mistakes of chasing coins on the move, and the need of continuously watching the markets. It also gives the chance to ideally manage the risk to avoid negative outcomes, because all trades are placed with protective stop losses. In fast moving markets this can mean the difference between a small loss and a catastrophic loss in the event the trade moves against the trader.

Investors can participate in a crypto trading algorithm through the upcoming LUCRE Token Sale. LUCRE’s utility token (LCR) will track the performance of the algorithm. The price of the LCR token will be updated regularly to accurately reflect the value of the underlying crypto assets being traded by the Algo. LCR token will be traded on the crypto exchanges where it is listed. LCR tokens provide premium membership and limited access passes. Once you have these tokens, you are able to earn money combining several options.

LUCRE ICO ANALYSIS

The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the LUCRE PLATFORM

A public Token sale event will be held from the 15th of Oct to the 11th of Dec 2018. LUCRE will use the Token sale contributions to trade Crypto currencies starting Q2 2019 and the coin is expected to be listed on exchange in Q2 2019. The minimum raised money is $2 million USD and if this is not achieved all contributed funds will be returned.

LUCRE ROADMAP

LUCRE TEAM & ADVISORS BOARD

For more information about this project, please! follow the link bellow :

WEBSITE: https://www.lucretoken.com
ANN TREAD: https://bitcointalk.org/index.php?topic=4959492.0
WHITEPAPER: https://www.lucretoken.com/docs/Lucre_WhitePaper_EN.pdf
FACEBOOK: https://www.facebook.com/lucreToken
TWITTER: https://twitter.com/LucreToken
TELEGRAM: https://t.me/LucreToken
YOUTUBE: https://www.youtube.com/channel/UCtVIzNXdfTGYHUPV4eh8TEw
GITHUB: https://github.com/LucreToken
MEDIUM: https://medium.com/@LucreToken
REDDIT: https://www.reddit.com/r/LucreToken

AUTHOR: Eflatun
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=620958
ETH : 0x6c5B872Eae443Be3E1EA3EB14Eced751Bcd5E7b7