The concept of the Lucre Platform:
Introduction:
LUCRE is an exclusive automated trading system & signal service for Cryptocurrencies, created to outperform the strategy of just holding Cryptocurrencies. It is developed by a team with 8 years of algorithmic trading experience. Holding a Cryptocurrency hasn’t been the best way to increase your wealth lately. LUCRE algorithm was built on a philosophy - Don’t HODL; Trade! Allowing trading both ways long and short. The great appeal of this project is the ability to generate revenues in all market conditions, buying and selling at every perceived opportunity. Even when the market is going south the algorithm attempts to make profit by shorting it.
Lucre Trading Algo will be running on a “Metatrader” trading platform. Token sale participants will get an LCR token which will track the performance of the Algo. 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. LCR token will only be sold during the pre-sale and token sale main event. No further tokens will be minted post Token sale event.
LUCRE is an exclusive platform because participants with access to algorithmic signals and auto routing are limited and this exclusivity is controlled by the number of tokens. If you want to receive signals or use auto trading and have not participated in the sale of the token, you will have to buy tokens from the original participants. The trading algorithm will take long and short positions and will bet both in bearish and bearish markets to diversify and optimize portfolio performance. As a participant in the sale of tokens, you can choose to earn money tokens, since the exclusive service benefit and the algorithm trading results must increase or maintain the price and obtain a constant profit that improves the effectiveness of the commercial world.
HOW DOES LUCRE PLATFORM WORKS?
Hodling occurs because people in possession of Cryptocurrency wait for the ideal market condition to reap the maximum price for their Cryptocurrency investment. Lucre’s underlying algorithmic structure liberates the participants from worrying about any fluctuations by generating revenue irrespective of the market situation. This is achieved by making short and long-term trades on the Metatrader trading platform via the aforementioned algorithm.
Automated trading allows to establish specific rules for both trade entries and exits that, once programmed, can be automatically executed via a computer. Once the rules have been established, the algorithm monitors the markets to find buy or sell opportunities based on the trading strategy specifications. Depending on the specific rules, as soon as a trade is entered, any orders for protective stop losses, trailing stops and profit targets will automatically be generated. In fast moving markets, this instantaneous order entry can mean the difference between a small loss and a catastrophic loss in the event the trade moves against the trader.
SOME OF THE BENEFITS OF LUCRE PROJECT:
a. Fully automated system compatible with all exchanges of Crypto and Forex CFD brokers to connect LUCRE with your account without the need to move your funds.
b. Receive buy / sell / close alerts of high quality and exclusive commercial signals with + 75% accuracy to negotiate them yourself in any intermediary or stock exchange.
c. The LCR tokens deposited in the group will be managed by the LUCRE algorithm and the commercial team.
d. Preserve Discipline - Because the trade rules are established and trade execution is performed automatically, discipline is preserved even in volatile markets.
e. Achieve Consistency - One of the biggest challenges in trading is to plan the trade and trade the plan. Even if a trading plan has the potential to be profitable, traders who ignore the rules are altering any expectancy the system would have had.
f. Improved Order Entry Speed - Since computers respond immediately to changing market conditions, automated systems are able to generate orders as soon as trade criteria are met. Getting in or out of a trade a few seconds earlier can make a big difference in the trade's outcome. As soon as a position is entered, all other orders are automatically generated, including protective stop losses and profit targets.
TOKEN PROFITABILITY:
a. Based on the 8 years of experience in Foreign Exchange Algorithmic Trading, we have seen that the interest may rise once the algorithm is performing well and increased numbers of participants are going to be attracted to the project.
b. LUCRE is an exclusive platform because participants with access to the algorithm signals and auto-trading are limited, this exclusivity being controlled by the number of tokens. If you want to receive the signals or utilize Auto-trading, and you did not participate in the Token sale event, you will need to buy tokens from the original participants.
c. Trading algorithm will be taking long and short positions and bet in both the bull and bear markets thus diversifying and optimizing the portfolio performance.
d. As a Token sale participant, you can decide to earn money selling the tokens, as the benefit of being an exclusive service and the results of the algorithm trading should see a rise in price or hold it and receive the ongoing profit tracking the performance of the trading Algo.
ICO TOKEN INFORMATION:
Distribution of Token:
Allocation of Tokens:
Token Symbol: LCR
PreICO Price: 1 LCR = 0.77 USD
Price: 1 LCR = 1 USD
Bonus: Available
MVP/Prototype: Available
Platform: Ethereum
Accepting: ETH
Minimum investment: 0.1 ETH
Soft cap: 2,000,000 USD
Hard cap: 7,000,000 USD
Whitelist/KYC: KYC & Whitelist
Restricted areas: USA, Canada, Nevis
TWO MAIN PURPOSES FOR SELLING TOKENS IN LUCRE PLATFORM:
a. Finish the development of LUCRE Trading Algo (full testing, adding different cryptograms, performance optimization. Also implement automated trading with different APIs of Crypto broker when they are available and stable).
b. Use 40% of Token sale funds to trade Cryptocurrencies with brokers and share profits with Token participants. A small shoulder will be used a maximum of 3 times. Trade will be carried out in both directions for a long time and in a short time, depending on the direction of the market, discovered by LUCRE Algo. Each order has a predefined soft and hard stop-loss and profit from profits.
With a down payment you will receive LCR tokens that provide premium membership and limited access to the service. When you have these tokens, you can earn money by combining the various options described in detail below. Tokens can also be sold to another member. With LUCRE, Token bidders are not required to make additional funds, as they can profit from initial participation with the benefits of the algorithm. At the same time, participants can use their funds to conduct additional trades on LUCRE trading signals. This way you can increase your profitability. You can choose from the following options or combine them to optimize your income.
ROAD-MAP:
TEAM AND ADVISORS:
CONCLUSION:
In Conclusion, No doubt a very successful project, which will make it one of the most powerful competitors in its field, since the idea is very novel. The project is headed by Ganesh Puri. If you have been wanting to know more about this project and want to delve into its technical specifications and other data of interest, we can only encourage you to read its very detailed and detailed whitepaper, with which you can get an idea of the magnitude of the project and the potential for expansion and application that it has. LUCRE is poised to set a new standard for Cryptocurrency participation. It aims to alter the tendency to HODL the crypto assets which doesn’t always give high returns as we have seen since the peak in December 2017. Holding the LCR tokens gives access to the high performing trading Algo which takes aims to better perform than just HODLing it and hoping it will keep increasing.
For Detailed information Please Visit The Links Below:
Website: https://www.lucretoken.com
White Paper: 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
Medium: https://medium.com/@LucreToken
ANN: https://bitcointalk.org/index.php?topic=4959492.0
Author’s Details:
Bitcointalk Username: Dtotti78
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2343031
My Eth Wallet Address: 0xB03B27f2f725637249977581F0128Ac5cC6A12f7
