FiCoin (FiC)

A blockchain-based investment network that makes it possible for anyone to trade crypto currencies or to earn a passive weekly income with our intelligent trading application.

Whitepaper

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What is FiCoin

The FiCoin Solution

Our Solution to this trading platform problem is a new generation, intelligent trading bot called FIBO. How are we going to do it? The plan is both simple and straightforward. We combine both the classical approach to trading with an innovative one. FIBO will use existing well-known trading strategies based on technical analysis such as Fibonacci Retracement, Support and Resistance along with Head and Shoulders techniques. Cryptocurrency news is the innovative indicator FIBO will use for safety reasons as far as trades are concerned.

For the cryptocurrency market the daily and weekly news are of highest importance, as they might and often do immediately reverse the trend of the market. With FIBO we will incorporate a scraping algorithm that will search for the latest news from trustworthy sources (e.g. bitcoin.org, blog.ethereum.org etc.) and then will decide whether news is positive or negative and whether the news is important for the process.

If in a particular situation, FIBO finds that two of the factors have taken place (e.g. positive news and good results from technical analysis), then it will issue an order.

Whilst our lending platform will offer the use of FIBO in a hands free automated environment, FiCoin holders can also use our mobile platform to trade by themselves; therefore they have no limit in the money they can earn. Users who want to use this service will have to pay a small monthly fee (paid in FiCoin) and the number of participants will be limited to ensure longevity of returns.

FiCoin’s AI Trading Bot - FIBO

Unlike most projects, we already have a working product - FIBO. It is already working on two markets - Bittrex and Kraken, however we are still making some major updates and tests. We’ve decided to make sure everything works as expected before the release date. Providing high-quality products to our customers is our highest priority.

FIBO is like the Philosopher’s stone, everything it touches turns into gold. The only difference is that our Bot is real and it will serve to our token holders. FIBO works by means of a complicated combination of the latest technologies in the IT area. The main idea is that FIBO will get better with time and it will provide the FiCoin holders with a stable continuous money flow.

How Does FiCoin Work?

The key to FiCoin is the word diversification. This means that the investment is divided in equal parts, which are invested in different investment products and fulfilling different strategies. The overall return percentage is defined by the success of the separate mini-investments. Over time the cryptocurrency markets will change and there will often be periods of uncertainty, where other lending investments will fail to provide the promised returns. Where FiCoin differs is that we have multiple income strategies, creating additional returns that are accrued and used as an investor protection fund. This ensures that regardless of changes in the markets we will be able to provide the promised returns for the long term.