GXC Profile

GXC
 Crypto
  

USD 0.17  0.02  13.33%   

Market Performance
7 of 100
Odds Of Distress
Over 97
GXC is trading at 0.17 as of the 5th of December 2022, a 13.33 percent up since the beginning of the trading day. GXC has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Cryptocurrency ratings for GXC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of February 2022 and ending today, the 5th of December 2022. Click here to learn more.
GXC is peer-to-peer digital currency powered by the Blockchain technology. More on GXC
GXC is an online marketplace for p2p internet cash denominated as Cryptocurrency. GXC has been active in the last 3 months, and it is now expressing a bullish sentiment. Cryptocurrencies such as GXC are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as GXC are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

GXC Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. GXC's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding GXC or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
GXC is way too risky over 90 days horizon
GXC has some characteristics of a very speculative cryptocurrency
GXC appears to be risky and price may revert if volatility continues
GXC is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 6 exchanges in multiple currencies. GXChain (GXC) is a public blockchain that offers decentralized data exchange solutions, through its P2P decentralized data marketplace, to enterprises in the network loan, automobile finance, personal loan in internet finance and banking industry without caching personal data for customer privacy. The blockchain supports smart contracts, blockchain-as-a-service (BaaS), ID verification and KYC, multi-dimensional data, and swift login. It also has a GXB Dapp that can perform personal credit management and face-to-face credit verification.GXChain is a DPoS cryptocurrency based on the DPoS algorithm.
IndustryInformation and Communication
FINMAUtility
FCAUtility
AccessPermissionless
Collateralized AssetNo
SymbolGXC
RatingD+
Technology Adoption RatingD+
Market Performance RatingD+
NameGXC
Proof TypeDPoS
Sponsoredfalse
Is Tradingtrue
Asset Launch Date2017-06-10
Full NameGXChain (GXC)
Asset Website Urlhttps://gxs.gxb.io/en/
Platform Typeblockchain
Coin NameGXChain
Total Coins Mined100 Million
GXC (GXC) is traded on CRYPTO Exchanges. GXC is peer-to-peer digital currency powered by the Blockchain technology.

GXC's Exchanges and Markets

BitMart Binance DigiFinex Bithumb HitBTC BigONE

GXC Target Price Odds Analysis

What are GXC's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of GXC jumping above the current price in 90 days from now is about 63.06%. The GXC probability density function shows the probability of GXC crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon GXC has a beta of -3.6965. This usually indicates as returns on its benchmark rise, returns on holding GXC are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, GXC is expected to outperform its benchmark. In addition to that, the company has an alpha of 6.4842, implying that it can generate a 6.48 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.17HorizonTargetOdds Above 0.17
36.89%90 days
 0.17 
63.06%
Based on a normal probability distribution, the odds of GXC to move above the current price in 90 days from now is about 63.06 (This GXC probability density function shows the probability of GXC Crypto Coin to fall within a particular range of prices over 90 days) .

GXC Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. GXC market risk premium is the additional return an investor will receive from holding GXC long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GXC. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although GXC's alpha and beta are two of the key measurements used to evaluate GXC's performance over the market, the standard measures of volatility play an important role as well.

GXC Technical Analysis

When it comes to investing in cryptocurrency, such as GXC, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of GXC, which is currently traded at 0.17, shows everything you need to know about GXC market value. You don't have to consider the fundamental factors that affect a crypto asset, such as GXC, to determine its price movements. However, the GXC's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so GXC's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project GXC's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. GXC Price Floor Movement function is a real number to the smallest following price integer.
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GXC Against Markets

Picking the right benchmark for GXC crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GXC crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GXC is critical whether you are bullish or bearish towards GXC at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in GXC without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in GXC

You need to understand the risk of getting into digital currencies such as GXC before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in GXC in four ways:

Buy GXC through an exchange

Get yourself a crypto wallet before embarking on your GXC journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase GXC. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of GXC through an exchange

You don't have to buy a full token when starting out since GXC is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade GXC through a broker

If you don't want to store your GXC Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in GXC through an exchange-traded fund (ETF)

You can also invest in GXC through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having GXC in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Please check Risk vs Return Analysis. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Other Tools for GXC Crypto Coin

When running GXC price analysis, check to measure GXC's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy GXC is operating at the current time. Most of GXC's value examination focuses on studying past and present price actions to predict the probability of GXC's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move GXC's coin price. Additionally, you may evaluate how adding GXC to your portfolios can decrease your overall portfolio volatility.
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