Cryptocurrency Exchange Aggregator Platform Coinswitch.co lets you trade 500+ Coins at best rates.

You can compare the prices of a trade pair, offered at leading exchanges like Binance, Changelly, ChangeNow, Changer, Swaplabs, KuCoin, Bittrex, HuoBi, HitBtc etc. and trade either with best rates or with any exchange of your choice.

• You do not need to create an account or even login on Coinswitch.co
• Our Partners are - Exodus Wallet, Trezor Wallet, Gaurda wallet, Stake.com, Bearescape Game, Coinify etc. You can directly trade using these wallets through Coinswitch.co exchange.
• APIs- You can build dApps, Games and other products on Blockchain using Coinswitch's API's
• Build your own custom exchange with ZERO Code. with a 2 minutes setup.

Trade Currencies by Comparing Prices at leading exchanges.

For any queries reach out on support@coinswitch.co we assure to resolve your queries in 5 mins.

if you want to make profit monthly or weekly, then I would never recommend you BTC, BTC moves very slowly, say you invest 500$ in BTC it moves 5% +- in weeks/months, except phases when it moves crazily which happens in cycle of years. For earning profits in crypto, invest in small altcoins, which you think has value associated with them. My bet for this year are BAT, LTO etc.

Do a thorough study before investing any of your hard earned money. Also do not put all your money in one coin, diversify risks. Buy some amount of BTC it will surely give you great returns, specially when you are entering at this low value (value can go down more lower, buy at your own risk)

Amazing compilation of the Brave Wallets.

Anything that generates cash, or will generate cash in future is an asset. Stocks, property, a business etc. The value associated with it can be determined by the cash it generates, a high cash flow and low risk asset should be valued more. The price of similar assets can be compared, using similar metrics, for property it can be, money invested per sq. ft value vs return on it,  and therefore can be priced. (Indeed there are sentiments attached to the price valuation). Stocks price can be measured by comparing certain similar metrics (for example P/E ratio etc.)

There are Concerns over the PoS Algorithm :

Owing to the number of coins equals mining capacity principle, users have often raised concerns regarding a specific kind of Proof of Stake attacks. It has been feared that this approach to mining capacity determination will lead to a rise in the monopoly in the market as the rich will always be in a better position to mine new blocks.

Although the concern is very much valid, the PoS algorithm is not devoid of the remedies for the same. One of the most effective ways in which this is checked is the aging of the coins.

In order to gain the ability to discover new blocks, the coins must be at stake for a specific period of time, usually a month. Not only can the staked coins not be used otherwise during this period, but they also earn their reward only after the same. Moreover, the staked coins automatically expire after the said period and the user has to go through the process again.

Read more on how Proof of stake will transform the digital currencies.

Let me tell you how did I start -

I joined a cryptocurrency exchange back in November 2017, I was then introduced to BitCoins. The first book that I was recommended to start with was -

• 1. Mastering BitCoin By Andreas M. Antonopoulos

I did pick up Mastering Bitcoin, but that is mainly written for learning to program on the BitCoin Blockchain, the first 3 chapters are a must read, and anyone like you mentioned having an arts back ground can also read and understand about Bitcoin. After reading the first 3 Chapters, I moved to listening some of the talks which Andreas has only given, you can find them in his youtube channel.

2. I then one day discovered this blog - https://lopp.net/bitcoin.html, it has an amazing compilation of one of the best resources to learn about BitCoin, it is written by one of the very knowledgeable fellow in the BitCoin domain only. I read some of his, articles which gave a very good clarity on it.

3.The purpose is to learn about BitCoins and the underline technology, which you can do by reading some of these articles also, you can then step into the following books

• Internet of money Volume 1.
• Internet of Money Volume 2.

Since I have been working in crypto industry for long, also since I work for Coinswitch, let me tell you, we handle support issues for all our partner exchanges, weather it is binance, changelly, changenow, idex, blocktrades, swaplabs etc. 1000s of orders are processed through them, and through us also. We have a fraud detection system enabled by which we find out addresses, which are processing orders through us who got hold of funds using incorrect practices. In case of local bitcoins I am not sure if you can identify a scammer, and find out how he got hold of his funds.

In exchanges like Changelly or Coinswitch - You indeed send them funds, but after conversion the funds are in your custody, in your wallet, in a DEX also you have to send funds, even if it is handled by a software, you have to send them funds. Without sending funds exchange is not possible. With regards to complaints against changelly or any such exchange, I can vouch for Coinswitch, I have worked there since the inception, and we interact with the support of changelly, binance, hitbtc, huobi, changnow on customer's behalf, since all these exchanges are our partner exchange, We make it sure that customers receive there funds and we try to provide a hassle free experience of trading. You may try us out with a small amount and then take your call.

The best way to stay safe is, not trade via any exchange which are custodial and keep your coins within their wallet, so many times withdrawal is disabled, the coin wallet is at maintenance etc. Prefer to store coins within your own wallet, MetaMask for example works for all ERC20 Standard coins. I would recommend you to use Non Custodial exchanges, i.e instant exchanges, where you send coins from your own wallet and receive after trading in your own wallet.

Check this image -


You can compare the prices and trade, hassle free, with support  best in industry.

Well I agree completely with you, there is a price of a coin, and there is value of a coin, the price of a coin can be inflated based on many factors, any hype created by the market can shoot up the price, but the value of a coin can not be changed with hype. If it is a good coin then value would increase with time. There are several other factors also which newbies should be knowing before investing money in crypto. One should read good books and follow blogs by which they can gain some good knowledge.

What Does Double Spending Mean?

Let’s consider this example:

You go to Starbucks and order a cappuccino worth $10. You pay in cash. Now that $10 in cash is in the cash vault of Starbucks. By all means, you simply cannot spend the same $10 somewhere else to make another purchase.

Unless you steal it…!!!

As you paid with your $10 bill, the service provider at Starbucks instantly confirmed that you have paid, and you received your coffee in exchange for the money.

But Bitcoin is digital money, not physical cash. Hence, Bitcoin transactions have a possibility of being copied and rebroadcasted. This opens up the possibility that the same BTC could be spent twice by its owner.

How?

In our Starbucks example, you paid cash, so the payment was confirmed and verified instantly by another human. But with digital currency like BTC, if this verification mechanism is missing, it can lead to double spending.

Anyone can just copy that digital money and pay somewhere else.

And here is where the unique invention lies…

Bitcoin, although being a digital currency, solves the problem of being copied and getting spent twice.

More then the price, I think BTT is also one amongst the very few projects, like BAT and MAKER DAO, which are building products for already matured audience, people are already using browsers so BAT token is used, people are into lending and locking there assets, so Maker is facilitating that, similarly BTT built for P2P sharing has a strong use case. The price fluctuations would keep happening as it happens in traditional stock market also, but the losses and gains are way too much fluctuating.

I am a strong believer of holding my coins, for long, I have stopped doing swing trade all together, HODL and let it grow slowly and steadily. I also do not keep my coins on exchanges, I keep them stored in hardware wallets. Safe and secure, after all it's my hard earned money. I also use instant exchanges, not any custodial exchange, but I do hold some BNB on Binance.

• Do not spend more then you can loose
• Do hold at least 50% of your portfolio for longer run

[liKeep your bitcoins safe, scammers are everywhere[/li]
[/list]

I entered in the market with zero knowledge of investing, and I entered in the all time high BTC Price we have come across till now. it was a fruitful learning experience, I then entered in the current market, and couple of my investments gave me 5x returns. I feel really privileged to have known amazing innovators, CZ, Vitalk, viktor and many more guys.

First understand the following points -

1.MarketCap
2.What does the coin do?
3.Sentiment attached to the Coin? - Yes the sentiments play a very major role in favour or support of the coin.
4.On which exchange the coin is listed? - Yes there is a very major role of exchanges in pumping the price of coin.
5.Read about the coins from a very good source, just google you will find lot of good sources for reading about the coins you want to invest in, see the maximum price it has reached.
6.Most smaller coins are paired with BTC/ETH or stable coins, i.e coins whose value will always remain 1$, therefore BTC/ETH will always pump as soon as money is flowing into the market.
7.Never press any buy button in the flow of emotions.
8.Sell with smaller profits, you will gain some confidence that ways.
9. Always play safe, first invest only which you can afford to lose, second try to put stop loss, so that if the price goes way too much low you will at least not lose all your funds.
10.Keep your funds safe, try to keep them in your wallet, if you are planning to store them for longer run, then hardware wallet is preferred, else a paper wallet is also safe.

Now coming to what coins you should buy?
You can read about 200+ coins here - https://coinswitch.co/coins
Read the future of the cryptocurrencies, there team, there technical and fundamental analysis etc.

My advice to you - Buy some BTC and ETH, but do your own research before taking my advice.

What are BCHABC and BCHSV?

BCHABC — Bitcoin Cash ABC and BCHSV — BCHSV coins created after the recent hard fork of Bitcoin Cash. The fork happened after a split in consensus in Bitcoin Cash community. Now both the coins have their own blockchain and supporting community.

Cryptocurrency Future Worldwide

IBM, Citi, CLS, Barclays form ed a partnership to launch blockchain app stores for banks. LedgerConnect- a Distributed Ledger Technology (DLT) platform is the result of a cooperation between foreign exchange settlement provider CLS, enterprise software giant IBM, and nine financial institutions, including big names such as Citigroup and Barclays.
A Singapore based blockchain startup - CyClean is launching a fleet of blockchain-enabled electric vehicles that would mine crypto as users travel. The company intends to minimize the carbon emissions and to reward people for doing so.
Samsung SDS, the IT part of Samsung Group, recently announced that it would use its Nexledger blockchain platform to build an export customs clearance system for Korea Customs Service, actively.
Iran has announced that they will start treating cryptocurrency mining as an industry. This regulation comes after increased pressure on the country enforced by a change in economic sanctions imposed by the United States.
Tech giants Alibaba and IBM are vying for the top spot on a new list that ranks global entities by the number of blockchain-related patents filed to date. China’s Alibaba only just seals first place, having filed a total of 90 blockchain-related patent applications, whereas IBM has to date filed a total of 89. In third place is Mastercard — with 80 filings, followed by Bank of America, with 53.

The new Builderium project, based in Switzerland is developing a global platform for making deals and assessing parties to bring the benefits of the digital economy to the growing construction market. The company expects the US construction market will reach $773 billion in the near future as the platform is global, hence the customer is not limited to regional or national markets.

The Australian government has granted A$2.25 million ($1.7 million) to the Sustainable Sugar Project, led by the Queensland Cane Growers Organization, used to track the provenance of sugar supplies to Australia- the initiative known as Smart Cane Best Management Practice (BMP).
The New York-based medical school founded by Mount Sinai Hospital has launched a new research center focused on blockchain applications in healthcare which researches the application of artificial intelligence, robotics, genomic sequencing, sensors and wearable devices in medicine. (Cryptocurrency future in the United States).

Thailand’s biggest movie theater chain, Major Cineplex, is reportedly integrating payments in crypto which allows customers to pay for its products and services with crypto, including tickets and popcorn. Even, the Thai Securities and Exchange Commission started accepting license applications from the crypto operators.

Kaliningrad, one of the cities who has hosted the FIFA world cup, is now offering cryptocurrency payments for hotel rooms. (Cryptocurrency future in Russia)

These use cases and predictions speaks a lot about the future of cryptocurrencies in 2019 and even after that. The blockchain (the technology behind cryptocurrencies) space is growing faster than ever. As these organizations and technologies mature, their real-world use cases will increase manifold, more than what we see today, reducing some speculative market elements to ground it in the actual performance, utility, form, and function of the next-generation of the internet. We have managed to add on some of the use cases, but there are many more.

A job at https://coinswitch.co exchange made me fall in love with cryptocurrencies and the underline blockchain technology, I joined them in Jan 2018, crypto market was all time high, since then I have learnt, finance, money, how does bank functions, economy, centralisation, decentralisation, and many other things.

The beauty of crypto is empowering every single individual who are a part of it, of course there are pitfalls, and loopholes which are being exploited by hackers and anti social elements, but like dot com changed the world, crypto will also soon change it.

I recently invested in LTO Token and Fetch.Ai ICO, LTO gave me 4x returns, but I am still holding it, it is an excellent project and I personally have been monitoring it. Entire Europe will be using there software in some time, because of the GDPR solutions they are providing on blockchain. I do not think ICO will culture will die ever, since ICOs are one of the ways to raise funds globally. There has never been any such tool earlier to put money into a company outside from your geo location and earn interest on that money.

How does it work technically, can you explain that? How does the transaction which is being initiated on blockchain can be cancelled? Are you talking about the transaction which are initiated with less gas fees, which does not go through can be cancelled and re-initiated?