Machine Xchange Profile

MXC
 Crypto
  

USD 0.0258  0.0006  2.27%   

Market Performance
0 of 100
Odds Of Distress
Less than 46
Machine Xchange is trading at 0.0258 as of the 7th of December 2022, a -2.27 percent down since the beginning of the trading day. Machine Xchange has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Cryptocurrency ratings for Machine Xchange Coin are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of June 2021 and ending today, the 7th of December 2022. Click here to learn more.
Machine Xchange Coin is peer-to-peer digital currency powered by the Blockchain technology. More on Machine Xchange Coin
Machine Xchange Coin is an online market maker for peer-to-peer digital cash-like asset called Cryptocurrency. Machine Xchange Coin has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Machine Xchange Coin 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 Machine Xchange Coin 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.

Machine Xchange 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. Machine Xchange's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Machine Xchange or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Machine Xchange Coin generated a negative expected return over the last 90 days
Machine Xchange Coin has high historical volatility and very poor performance
Machine Xchange Coin has some characteristics of a very speculative cryptocurrency
Machine Xchange Coin 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 7 exchanges in multiple currencies. MXC Supernodes provide LPWAN network services to devices around the world.MXC is building a global data network that allows the devices of tomorrow to connect, commit and communicate more efficiently. Cities, companies, and individuals benefit by building the network or using it to transmit and manage their data.MXProtocol will be the standard used for machine to machine (M2M) communication between LPWAN devices. Using MXProtocol will solve the problem of data collision on LPWAN networks and create the platform for smart bidding, and data trade between permissionless blockchains.
Coin TypeMachine Xchange Coin
SymbolMXC
Market Performance RatingC-
NameMXC
Sponsoredfalse
Built OnETH
Decimal Points18.0
Is Tradingtrue
Asset Launch Date2018-08-08
Full NameMachine Xchange Coin (MXC)
Asset Website Urlhttps://www.mxc.org/
Platform Typetoken
Coin NameMachine Xchange Coin
Total Coins Mined2.64 Billion
Smart Contract AddressView
Machine Xchange (MXC) is traded on CRYPTO Exchanges. Machine Xchange Coin is peer-to-peer digital currency powered by the Blockchain technology.

Machine Xchange's Exchanges and Markets

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Machine Xchange Target Price Odds Analysis

What are Machine Xchange's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Machine Xchange jumping above the current price in 90 days from now is roughly 96.0%. The Machine Xchange Coin probability density function shows the probability of Machine Xchange crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Machine Xchange Coin has a beta of -0.0477. This indicates as returns on benchmark increase, returns on holding Machine Xchange are expected to decrease at a much lower rate. During the bear market, however, Machine Xchange Coin is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Machine Xchange Coin is significantly underperforming NYSE Composite.
  Odds Below 0.0258HorizonTargetOdds Above 0.0258
3.73%90 days
 0.0258 
96.26%
Based on a normal probability distribution, the odds of Machine Xchange to move above the current price in 90 days from now is roughly 96.0 (This Machine Xchange Coin probability density function shows the probability of Machine Crypto Coin to fall within a particular range of prices over 90 days) .

Machine Xchange Coin Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Machine Xchange market risk premium is the additional return an investor will receive from holding Machine Xchange 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 Machine Xchange. 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 Machine Xchange's alpha and beta are two of the key measurements used to evaluate Machine Xchange's performance over the market, the standard measures of volatility play an important role as well.

Machine Xchange Coin Technical Analysis

When it comes to investing in cryptocurrency, such as Machine Xchange Coin, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Machine Xchange, which is currently traded at 0.0258, shows everything you need to know about Machine Xchange Coin market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Machine, to determine its price movements. However, the Machine Xchange's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Machine Xchange's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Machine Xchange's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Machine Xchange Coin Price Movement is a mathematical transformation function to describe exponentially increasing price patterns.
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Machine Xchange Against Markets

Picking the right benchmark for Machine Xchange 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 Machine Xchange 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 Machine Xchange is critical whether you are bullish or bearish towards Machine Xchange Coin at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Machine Xchange 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 Machine Xchange Coin

You need to understand the risk of getting into digital currencies such as MXC 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 Machine Xchange in four ways:

Buy MXC through an exchange

Get yourself a crypto wallet before embarking on your Machine Xchange Coin 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 Machine Xchange Coin. 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 Machine Xchange through an exchange

You don't have to buy a full token when starting out since MXC 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 Machine Xchange Coin through a broker

If you don't want to store your Machine 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 MXC through an exchange-traded fund (ETF)

You can also invest in MXC 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 Machine Xchange 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.
Explore Thematic Ideas
Explore Investing Ideas  
Additionally, see Correlation Analysis. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Tools for Machine Crypto Coin

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