Online trading is one of the quickest ways of investing and earning. Although online investment scams are real, there are plenty of legitimate ways to invest your money in the market by using online trading platforms. For instance, you can sign up with brokerage platforms offered by reliable providers like Bernstein bank and trade in commodities, forex, penny stocks, or any other kind of investment.
Despite its popularity, many investors are still skeptical about online trading. If that describes your own point of view, you might want to have a look at these financial benefits and change your mind:

1. It’s cheaper

Online trading is cheaper than traditional trading in several ways. First, you don’t need a broker to execute your trades. Although you do pay fees for online trades, the cost isn’t as high. Second, you can get started even if have a modest amount of capital to invest. Popular brokerages offer trades under $10 without maintaining an account minimum.

2. You have more control

Online trading allows you to trade what you want, when you want. Unlike conventional trading, you don’t have to wait to get in touch with a broker to place an order. Your transactions are almost instant. You can review them by yourself instead of depending on a broker for performance and other trading information.

3. You can monitor your investments in real time

Online brokerage platforms come with advanced interfaces. From your online trading account, you can see how your investments are performing throughout the day. You can log into your account via your smartphone or computer and keep an eye on your financial gains and losses in real time. You won’t miss out on any important changes. Plus, you’ll have access to different tools, financial reports, and the latest news to react to the market changes in a timely fashion.

4. Transactions are faster

Online banking has made online trading even more efficient. Transferring funds between accounts happens almost instantly, and quicker transfers mean quicker earnings. If both accounts are with the same bank, the transaction will be processed even faster, so you can buy and sell stocks with a simple click of the mouse.

5. Markets are open 24x7

It isn’t just your transactions that become seamless – online trading gives you the opportunity to work in the hours that are convenient for you. Extended market hours have created more trading opportunities for investors. Yes, optimal trading hours do exist, but most markets are open 24 hours a day, 5 days a week. You can even trade from home any time you want. You can choose to trade part-time or full-time as and when you want.

6. It’s personalized 

Through your online platform, you can place orders with stop loss triggers and place price alerts or volume spurt triggers on specific stocks. In addition to tracking your trading strategies in real time, you can also personalize them. Best of all, you have the ability to immediately adjust your strategy if the market takes a sudden turn.

7. You avoid brokerage bias

Online trading gives you the liberty to take full control of your own trading decisions, which allows you to eliminate brokerage bias altogether. Usually, bias occurs when brokers give financial advice to investors that in fact benefits themselves more than it benefits the investors. Since there are no middle-men involved in online trading, this problem never arises.

8. You enjoy more liquidity and leverage

Online trading has significantly increased market participation. There is now a greater abundance of traders than before that are willing to buy or sell a particular stock at a given price. As a result, bid and ask spreads have become tighter. The process of entering or exiting an open position has also become more streamlined.

Online trading has also increased the availability of financial leverage. Forex brokerage firms let their clients open positions with upwards of 100:1 leverage on their account balance. This has increased traders’ opportunities of making larger returns.

Watch out for the disadvantages, too

Without a doubt, online trading offers investors great potential, but it has some disadvantages, too. It provides you access to a plethora of markets and usually increases your leverage, too. Inexperienced investors might not be able to keep proper checks and balances on their emotional state while making near-instant online trades, so there is a greater chance for fear and greed to affect the outcome of their actions.

Spikes in pricing have grown in frequency and magnitude due to the increase in trading volume and active market participation caused by an influx of online traders. New investors are rapidly entering the market, which has led to higher market volatility. With unpredictable market movements and price swings, you could lose your entire investment because of a single bad move.

The bottom line

Online trading is extremely convenient. You can invest in equities, forex, CFD trading or any other type of market you like. To get started, you simply need to open a trading account and you’re good to go. You don’t even need to make a particularly large investment to get started, either. The list of benefits mentioned above make online trading a very attractive option. However, there are two sides to each coin. To succeed at online trading, you have to watch out for common pitfalls and unexpected changes, stick to your trading plan, and base your decisions on thorough research.

Authored by Harry Miller, a Relationship coach, Content specialist and Blogger.
He write for https://www.bernstein-bank.com/ and try to present his critical take on the latest socio-cultural trends that dominate the blogosphere. He live in Brazoria, TX. His relationship status is single.

Do you really want to set up a successful business venture? If yes then relevant Marketing research is needed for good decision to be made in your business plan.

BTC to USD Converter is an amazing and extremely easy to use conversion app for people who want to know the value of Bitcoin price in US dollar exchange rate. The BTC to USD Converter for Android create an interface that makes converting your Bitcoin to USD easily with a click of a button on your Android device.


This application specially made for the conversion of BTC to USD in order to keep you updated on real-time Bitcoin price to United States Dollar. It also lets you know what to expect when you exchange, buy or sell Bitcoins.

Cryptocurrency values change every minute, this app would help you to easily calculate currency conversions to help your investments by using the most up-to-date exchange rates available in the parallel market.

There are very many Bitcoin converters with very little to choose between them to convert money in Bitcoin (BTC) to and from United States Dollar (USD) using up to date exchange rates.

Here we give you one of the best Android apps to get live exchange rates for BTC to United States Dollar from anywhere in the world.

Best BTC To USD Converter For Android 

Click the link provided below to download bitcoin converter on your Android device.

• Download Bitcoin Converter for Android now from Play Store.

Like I said earlier, the app allows you to convert Bitcoin values to other currencies, like USD, EUR, BRL, and CNY.

Have it in mind that the conversion data is gathered directly from the top cryptocurrency industry (Blockchain). This makes it one of the best app for Bitcoin trading across the world.

Note: BTC/USD Converter requires an Internet connection at first run since the data needs to be fetched. You can also press the Refresh button anytime at the Action Bar to update all currencies.

How To Convert Bitcoin To USD Using The BTC to USD Converter on Android

It's very easy, all you need to do is to simply input the number of Bitcoins you want to convert in the input box and this app will give you the US Dollar amount according to the current exchange rates.

See the screenshot below:

how to convert Bitcoin to USD

If you wish to convert BTC to other currencies, just click on the drop-down menu and select your preferred option.

This application is very light and in accordance with its function, the exchange function of bitcoin to US Dollars is now on your Android.

Are you still looking for the Best BTC to USD Converter, How To Convert Bitcoin to USD?
I am assuring you that this is one of the best apps that converts bitcoins directly to USD on mobile phone.

I hope this has given you a better idea of how to download BTC to USD converter and convert Bitcoin to USD on your Android device easily.

I’d love to hear from you in the comments section below If you have anything to say concerning this article. Thanks.

You are about to read the 5 major role of entrepreneur and their impacts on society. No doubt, entrepreneurship is the hub in the wheel of developmental process of any country. This is why governments at various levels are contributing towards the promotion of entrepreneurship in their society.

This well-detailed post has been written on the role of entrepreneur in the society and has been compiled to help you understand  the role of entrepreneur easily and fast. Although, there are five (5) basic ways through which the society feel the impact of entrepreneurs. Check it out! 👇
5 Roles of Entrepreneurs in The society

1. SPONSORSHIP

Most business people sponsor at least one candidate for higher education, especially a child in an orphanage. In short, many orphanage homes are backed up by these business people. The scholarship is given to a poor student for him or her to make available better educational opportunities.

2. DONATIONS

Here is one of the reasons why entrepreneurs are so important to society. Let's look at this aspect, a businessman or woman may decide to donate car or a lot of money for charity purposes. From their earnings, they would like to assist the less privileged and also improve their standard of living.

3. ADVISERS TO RESPECTIVE GOVERNMENT

More often than not, the government seeks the advice of successful citizens on some social and economic activities. Business is important for the growth & development of a nation. Thus, a successful business person is an asset to the society. He or she can contribute to the wellbeing of a society in diverse ways that improve the living conditions of the people.

4. CHARITABLE INSTITUTIONS

A businessman or woman sets up various educational, medical, business related courses & vocational training institutions to provide the less privileged with benefits that they cannot afford. In some cases, the fees may be less or forgone in the case of a meritorious student. Even hospitals are also run by these charitable institutions. Entrepreneurs help in training and development of manpower needed by the society.

5. WELFARE PROGRAMS

Business owners financially contribute to various welfare programs. Some of which include: helping the physically handicapped, orphans, widows e.t.c

In times of crisis, they help by donating items such as clothes, medicine, roof, cooking utensils and others.

Apart from their contributions to the economic growth and development of the economy, entrepreneurs also help in creating job opportunities for the teeming population of any country.

That's all. I have just explained all you need to know about the role of entrepreneur. Hopefully, you found it valuable and will no longer ask questions like: “what is the role of an entrepreneur”, “what is the role of entrepreneur in business or economy”.

A well-written business plan can help maximize potentials and minimize overheads, liabilities, and risks associated with any proposed business venture. It also shows exactly what revenues are expected and when to expect them, what overheads and expenses will need to be paid and exactly when they will be due.

What Is Business plan and How Does It Work? 

A business plan is designed to plan in advance how a proposed business will be started, implemented and managed. In short, it is a working blueprint of the entire operation of the business. It contains all that the feasibility study has in addition to specific deadlines, detailed budgets with monthly and seasonal forecasts, letters of intent, resumes of staff, background, competition, strengths and weaknesses, worksheets and full notations, appendix and all related and required documents that will be referenced as the business is being developed.

Best Studies To Writing a Good Business Plan

In order to write a good business plan, here are some guidelines that can be of help:

• Keep the plan short, focused and readable;
• Consult as widely as possible;
• Solicit help from appropriate sources such as accounts or bankers or management consultants;
• Point out the obvious benefits of the product or service;
• Address fully any possible bones of contention;
• Outline the qualities and skills of the management team;
• Do not make assumptions on behalf of the readers;
• Do not be too optimistic in estimating income potential;
• Avoid use of long words, technical jargons, or over complicated sentences;
• Highlight critical risks and success factors peculiar to the business;
• Identify the target market;
• Keep the plan written in the third person. Use “he”, “they”, or “them”, instead of “I”, “We”, and “Us”.

Over time, ethics, and culture in shopping habits have kept on increasing with respect to society and the economy. In some developing countries, due to the absence of efficient credit and insurance markets, savings are a crucial determinant of an entrepreneurial growth. Despite the many benefits accrued to savings, some entrepreneurs have been considered not to save enough because of their shopping habits.


Many entrepreneurs often do not seem to understand how or why they should save and this is particularly the case of small-scale entrepreneurs in society.

A greater amount of them have no savings at all. Those of them that save maintain only short-term thrift collection which can only be used to finance day to day needs. It is pertinent to mention that poverty does explain the shopping habit among the small income group.

The explanation lies in the lack of financial education in the society as a whole reinforced by inadequate incentives to save.

Given the many benefits (both to the individual and to society as a whole) that savings can bring, there must be serious reasons why people do not save enough rather they use whatever they have for shopping (buying liabilities more than assets).

The following are some of the factors that may be responsible for shopping rather than saving.

#1 - Many people feel that the risks and difficulties of saving outweigh the risks and difficulties of not saving, therefore, they use their income on shopping.

#2 - People often do not seem to understand how and why they should save when their income barely solves their immediate problem.

#3 - Lack of confidence in financial institutions. The distress in the financial sector has discouraged most of the entrepreneurs from saving so they spend most of their income on shopping.

#4 - High independence of poverty and how nominal disposal income because of the unfavorable economic environment characterized by high unemployment and inflation. In essence, the little income will be used for shopping.

#5 - Most entrepreneurs do not even possess the necessary identification requirement to open an account. This encourages shopping.

#6 - the Considerable number of entrepreneurs find saving to be boring and difficult hence they do not want to pay for financial advice.

“More than half of the consumers surveyed stated it was important to establish a personal relationship with a sales associate whether online or in-store.”

Final Thought About Online Shopping Habits

I hope you have a good time reading the topic of Consumer shopping habits? Have a wonderful day ahead!

Business growth is an indication that a business is surviving and succeeding. Business growth is a function of many factors, such a function of many management.

Growth in business does not just happen; it is planned. All business, small or large, desire to grow.

That's why Entrepreneurs or small business owners employ different strategies in order to grow their business.

What is business growth? 

Business Growth Definition: When a business is growing, it means the business is achieving some measure of success. As mentioned above, business growth is an indication that a business is surviving.

The growth of any business could be in terms of increase in sales volume profits, productivity and size.


Reasons Why Businesses Needs To Grow

Entrepreneurial firms strive to grows using different types of business growth strategies for some of the following reasons:

1. For influence power and survivability: Entrepreneurs grow their business in order to gain more power in the industry.
2. To Employ and Retain Employees that are competent in doing their job: A business needs to grow in order to be able to employ, manage, and retain its employees. It's when a business grows that it can provide such opportunity.
3. To meet customer's wide spreed demand for the firms products or services.
4. To be a market leader: They need to grow in the world of business is to attain the status. Entrepreneurs want to become market leaders.

In order to lay a solid foundation for your business and get the best possible interest rate, we HIGHLY recommend you look at these top 5 causes of entrepreneur failure.
At the end of this post, you would be able to understand entrepreneurial success and failure reasons and remedies.

But before then, here are some of the biggest causes of entrepreneurial failure among young entrepreneurs:

1. Weak personality.
2. Loner syndrome.
3. Too little financial backing.
4. No plans.
5. Vague business.

The above-mentioned things are the main causes of entrepreneur failure but;

As a young entrepreneur, you have to know that business opportunity is an attracting investment idea that provides profit to the investor or the risk bearer.

Every entrepreneur needs a good business opportunity in their day-to-day business activities in order to avoid business failure, most especially, mastering the above 5 killer factors that has been the causes of entrepreneurial failure.

• Customer's need 
• Product must be competitive 
• Profit 
• Meet objectives 

Reasons for generating business ideas so as to do create a unique reputation for your business.

Reasons

• In order to stay ahead of competition
• To be in turn with latest technology 

SWOF analysis: SWOT stands for Strength, Weaknesses, Opportunity and Treat. ‣ Strength are the entrepreneur strong hold. ‣ Weakness implies short coming. ‣ Opportunity are possible areas of exploration. ‣ Treats are these things that are obstacle to the wheel of progress such as competitors.

Business Plan 

A business plan is a plan designed to translate business ideas into action.

Why you should write a business plan

1. It provide guidance 
2. It helps to focus ideas
3. It helps you manage the business 
4. It is a strong communication tools
5. It saves time 

And before writing a business plan, make sure you are familiar with the type of plan you want to write about. To make things easy for you, below are some of business plans of which you can choose any that suits your type of business.
Types of plan that may be part of business opportunity:

1. Financial plan 
2. Marketing Plan 
3. Sales Plan 
4. Production planning 
5. Operation plan.

The model of business plan 

We start writing a business plan after we have decided to start or go into business such as:

Entrepreneur or small business owner who intends to go into a business must decide on the legal form in which the business will operate. This involves getting a good business name registration ideas that suite the type of products you offer.


A business could either take the form of a registered name or an incorporated company.

A business name is registered with Corporate Affairs Commission (CAC). The CAC part B of companies and allied matters ACT (CAMA)  of 1990 in registering a business name.

Business registered under this part are sole proprietorship and ordinary partnerships.

The following steps are taken in order to register a business name conveniently.

STEP 1: Reservation Of Name:
An entrepreneur or small business owner who intends to register a business name will supply proposed alternative name options in the prescribed form to CAC (CAC registration form). Thereafter, names supplied are available.

STEP 2: submission of the following documents to CAC;

• The approved reservation of name form 
• Duly completed business name registration form 
• Two (2) passport photographs of the person (s) seeking registration of a particular business name 
• Certificate of professional qualification
• creative business name ideas.

A STEP BY STEP GUIDE TO LEGALLY SET UP A BUSINESS VENTURE

Business is an art, and setting it up the right way will make your art rise and shine!
Here is an easy to understand guide for those who need some ideas setting up a business venture. Through, it's not a comprehensive guide for all companies and circumstances.

Do you have a great idea and want to set up a business venture? If yes, then follow the steps bellow. The first thing you need as an entrepreneur is advice from someone who is experienced in starting a business, someone professionally qualified to advise or mentor you during the crucial early stages of your business.

In setting up a business venture, have this two things at the back of your mind:

• The high level of what you need to know, based on the experience of those who have been in the business themselves. 
• Get advice from well-meaning business angels who help to fund and advise new and growing businesses.

How to setup a new business venture

• Step one is therefore to get a mentor.
• Prepare a business plan: Your business plan is key to deciding whether the business may be viable or not. If so, start using it to get your idea off the ground and get funding –to assess your business idea to work out if it could be a profitable business.
• If you have done your market research and you can take your estimated sales income and cover your costs yet still maintain a market competitive price, and you know your first customer, you may well have a viable business idea.
• Finding investors and sources of funding: When planning to set up a business, source of capital should be one of the major step in the mind of an entrepreneur.

Once you have moved into the startup and revenue stage and you are ready to seek further external equity funding, you might find it useful to speak to one or more business angels who come with the benefit of experience.

They will only invest in an enterprise they believe will grow and rise in value. Equity is usually the most appropriate type of funding for start-up and early stage business as funding is locked into the business, unlike a loan which may be called in if trading conditions deteriorate.

Getting started: here are some tips for starting out a business venture from those who have started up a successful business.

The stakes can be high, many have invested their savings in starting out so firstly reduce your risks. If you can, keep working in your existing job to maintain an income.

Setting up a separate business bank account will also make your life a lot easier in terms of clearly identifying business income and expenditure and for completing tax returns.

Start small – overtrading is the biggest cause of running out of cash and business failure.

A common example is having too high a level of stock; you might still be selling but there is too much cash tied up in stock and the income is not coming in fast enough to cover your costs. If this affects your ability to pay loan charges, a lender or creditor may start to get concerned and call in the debt or cease supplies.

Get the right staff and partners – do you need staff? This may influence where you locate your business.

How well do you know your business partner?

Find out from your local authority what licenses or permissions you may need to operate your business and build the timings and fees into your cash forecasts.

You may not be able to start trading and generating income without the appropriate licenses in place.

When are you likely to get the license and how long would it be to reapply if you do not meet all the criteria?

You may have written a fantastic business plan or have a legal requirements for starting a new business venture but there will still be many unforeseen events and changes so make sure you build in a contingency for this.

Keep your business plan dynamic to adapt to change.