Best Ideas 2019 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.
Investing In digital currency and Forex Market
Explain your idea in details:
Forex market is a global market where every trader can access it all over the world through his/her computer, tablets or phones. I came with this idea of Investing in Digital currency and forex market due to its high opportunity of making money to any people regardless to gender, age, education etc. The main objectives of this idea is generate new income for many peoples as you can trade forex anytime 24/5 from Monday to Friday, Also in digital currency like Bitcoin, Litecoin, Etherium, Bitcoin Cash etc, i found it as a good place to invest and earn high profit. For example in 2013 Bitcoin was arround $13, Currently Bitcoin is arround $7,700 , So you can see between these 6 years the value of Bitcoin raise highly.
Expected impact of your idea on sustainable development
The expectation of this idea is to increase our incomes, many African youths they suffer with unemployments, through this idea will helps many youths and others to increase their income and avoid unemployments. Forex market does not need high capital as other business, Trading can be done with even small capital of $100. A forex trader with displine can earn more than his/her capital in a month. The same applied to Digital Currency, a small capital can be used and profit will be gained. The best thing about this business it is wide so a trader can choose his/her best time to trade and does not require your time as much so it can be also as part time for employee. The best measure to evaluate success of the forex market and digital currency is knowledge and discipline as other business.
Plans for implementation and sustainability
This business require knowledge and money discipline, if a trader have all i mentioned is on way to success. This is business plan for one year for trader who started with $100 and plan to take profit of 5% of his/her capital every day for 20 days of trading forex he or she will have double his/her capital from $100 to $200. For the next month planing also is to get 5% of the capital, so you will double a capital, for the whole year [12 months] you will get more than $165,000. This is large profit for a business of small capital $100. And this business require few things a capital, internet connection and phone or computer. Digital currency also the same a trader can buy when it is at low price and wait when price goes up .
My name is Raymond Julius, a Student of Pharmaceutical Science, Born and live in Tanzania i have 22 years old. I like business and wish one day to own my company. Investing is one best business i would to do in my future that's why i came with INVESTING IN DIGITAL CURRENCY AND FOREX MARKET, also this will help other people all over the world and hence eradicate unemployment without destroy the environment.