Most of the investors in today's high level or low level cryptocurrencies are amateurs whos knowledge about the cryptocurrency world is either limited or blinded in such a case the way to see where and how much the masses are exchanging is via cryptocurrencies exchange platforms which may increase their need

I think that exchanges will have more power as the time increases due to the fact that the amateur level or high-level investors at some point of time do observer the market rands to see how the psychology of the masses is behaving at any given instant, as these exchanges provide the data for analysis for everyone it may have a good future

As the number of cryptocurrencies in this world increase so does the demand for such exchanges one thing people gain from these exchanges is not the fact that they may have other cryptocurrencies in exchange for the ones they own but a cryptocurrency is an easy way to know what the market is doing

The need for such exchanges might just increase with the introduction of new cryptocurrencies, take this in the context of currency exchange what would be more interactive and require more staff a currency exchange that only deals in dollars and euros or a currency exchange that deals in at least 10 of the top currencies

Most of the altcoins today are based mostly on the Ethereum network and if you are investing in an Ethereum network coin, by Ethereum network I mean that if you are investing in a coin that is sharing the Ethereum blockchain technology then it would be sane to invest some of your money at least in Ethereum as well so to be said to fund both sides of the war.

For a good strategy to trade altcoins the most basic step you can do is to get caught on what coin are true in value and what coins are just a product of mass investment from amateur investors, true value coins are actually very easy to find because the evidence is purely logical often hidden in the long-term trends and in the white paper of the coin.

Actually, if you want to invest do not invest in hot altcoins because these are the coins which are one in the eyes of the public now so their prices will be decided by what they think and will fluctuate highly. And any investment strategy is not worth it or does not work when there is a lot of unpredictability in the market so stay away from hot altcoins.

I think that you should rather invest in altcoins which have a potential untapped and unused instead of those coins which have already become a part of popular culture not because of the fact that since the public is investing in them they are bound to be wrong but rather because of the reason that you have chances of earning more profit on the coins undiscovered

I do not rely on likes received by a post to judge the importance of the information provided the thing is that based on the basic psychological structure fo the brain, people always want to hear the good news so these posts with more likes will always tell you what you want to hear never what you don't want to hear and what not to do which is more likely.

It is a very flawed measure to see what post has a lot of likes because of the fact of the sources of these likes, most of the ratio of these likes are coming from amateur investors and hence may not be reliable if there are a lot of good investors liking that post then the story might be different.

The first step to see what information is reliable in nature is to observe where that information is coming from, if the source of the information is some social media such as Facebook or Instagram then before investing you should recheck the information for reliability whereas if it is from twitter then it has a higher chance of being reliable based on its environment

In my perspective the best source of information would rather be the social media platforms, yes people may argue that information provided is tamperd with a lot but it is also important to know which information you are following, if you are following a page that has a huge fan following or rather a page followed by a good investor then don't worry.

That's  a good question, people usually ask about the sources of the information but your concern regarding the importance of this concern can be handled by keeping an eye on the giants of the cryptocurrency investment world, these people or firms are usually a great influence on the price value of the coins and actions by them are important news

If you want to be informed about the news on the cryptocurrency and judge the importance of the news just follow the social media pages of important crypto investors and analysts, you do not have to search and gather for yourself as it is possible that information provided by them will be more reliable and important

If you want to know the important news about the cryptocurrencies, judging a post by the popularity or in other words the number of likes on the post is unreliable, because it is based on mass psychology a chain if people will like it less analytical people will follow without thinking creating an illusion that this information is important.

A big regret I had in the cryptocurrency market is when I wanted to buy the NEM coin for  0.02 dollars I was very afraid to make the transaction since NEM at that time was very new to the market it does have great potential I passed on to the opportunity and then suddenly it had risen to nearly 25 cents in a couple of days which gave me a great deal of loss.

if you want to judge and read a technical white people are the most important factor is to see the problem which the cryptocurrency farm focuses on and the weather they provide the solution to that platform also the most important parts of a technical whitepaper are reading in algorithmic fashion with the first importance given to token sale presale and information about ICO.

There is a difference among using ERC 23 coins and ERC 20 coins in the cryptocurrency industry The reasons is that ERC 23 going to have some limitations like they cannot be sent to a random contract similarly to Ethereum, only the contracts with specified ERC 23 deposits will accept ERC 23 coins limiting their potential

From the very basic level, ERC 23 coins solve problems which the ERC 20 coin is not capable of solving for example in the ERC 20 coin you cannot deposit either in the contract that is not specified to except you Ethereum deposits which is possible as an option in your ERC 23 coins even for withdrawal contracts

The difference between ERC 20  & ERC 23 coins is very minute. The ERC 20 coin is a coin already in existence and used as the standard in Ethereum tokens where is the ERC 23 is an updated version of the previous coin able to handle a network of greater nodes and sustainable on economies of scale.