Latest posts of: SomeJasonGuy

HADAX or Huobi Autonomous Decentralised Asset Exchange recently launched the revamped version of the platform, HADAX 2.0. With a host of awesome features and improvements, HADAX 2.0 aims to be the premier asset exchange platform for budding projects with high potential. It is important to note that those who have an account on Huobi.Pro will also have access to a HADAX account.

The launch of HADAX 2.0 was followed by the first round of voting on the brand new platform. HT holders and community showed up in strong numbers to make their voice heard and take part in voting, resulting in three out of the four projects making their way to the next round of voting.

You can read the full article here: https://steemit.com/cryptocurrency/@somejasonguy/hadax-2-0-voting-results-and-what-it-means-for-the-community

BizShake envisions a next-gen P2P ecosystem that’ll power the future of real-world assets through tokenisation on the blockchain. By utilising the many innovations and cutting-edge technology and efficiencies that blockchain has to offer, Bizshake will provide users with enhanced features and security over traditional platforms and models. I believe that BizShake has the potential to disrupt the P2P space and in my article, I will go over a few key features that I believe will help BizShake achieve this goal.

Read the full article here: https://steemit.com/cryptocurrency/@somejasonguy/review-bizshake-the-p2p-sharing-ecosystem-of-the-future

In just the last two years, cryptocurrency has witnessed rapid growth and adoption. With the rapid growth there has also been an increase in cryptocurrency trading and thus cryptocurrency exchanges have witnessed an explosion of sorts too. Volume has been steadily increasing and trading is on the rise. A host of exchanges have sprung up and seen a lot of success but there is still space for expansion and innovation.
This brings us to Bithemoth - An exchange that believes in making crypto trading accessible to everyone.

Read the full article here: https://steemit.com/cryptocurrency/@somejasonguy/bithemoth-an-all-in-one-blockchain-asset-solution

The OTC markets serve as a peer-to-peer platform for users who are keen to enter into the digital asset marketplace. While there are many different platforms out there, Huobi OTC is one of the most reliable OTC platforms out there.

OTC stands for Over-the-Counter, which quite simply means skipping or bypassing the counter. OTC refers to peer-to-peer (p2p) or over-the-counter trading carried out directly between customers and market makers - this means that there is no need for trades to happen on exchanges. Rather, in such a case, the seller and the buyer enter into a transaction directly with each other, usually with the assistance of third parties.

OTC trading has always been a key tool in the traditional financial market. However, in 2018, as cryptocurrencies began to get more popular so did trading them. Thus, OTC found its way into the world of cryptocurrencies as more users began to get involved in the space. LocalBitcoins became one of the most popular players when it came to p2p trades and still continues to be. A host of other players also emerged which includes OKEx, Remitano in Vietnam and Huobi OTC. Although I have used LocalBitcoins in the past, my personal favourite platform is Huobi OTC.

You can read the full article here: https://steemit.com/cryptocurrency/@somejasonguy/what-is-otc-and-my-experience-using-huobi-otc

Zeepin is a decentralised ecosystem for creativity and creative people, to put it simply. The team behind the project, which we’ll get to later, has envisioned a community like none other where Zeepin can enable every market process from protection of copyrights to enhancing productivity to better exchange of services all using the efficiencies and technical advancements of blockchain technology. The real shining light of Zeepin though is the elimination of the middleman when it comes to transactions. This elimination not only improves security and makes transaction more secure but also cuts costs and enhances efficiency. The use cases of Zeepin are far-reaching, extending to crowdfunding, copyrighting, insurance and well as providing tools used to launch unique projects and tasks. Through blockchain technology, these features could extend to every city across the globe make the potential of this project truly limitless.

Read the full article here: https://steemit.com/cryptocurrency/@somejasonguy/zeepin-galacloud-cryptogalaxy-the-creative-ecosystem-of-the-future-powered-by-the-blockchain

There’s blood in the streets, everything is in the red, suicide hotlines are buzzing and things look as bleak as they can be in the crypto world. But why all the gloom and why are things in such turmoil? That’s because, over the past few weeks, BTC has declined by about 28% from its intra-day high price on the 25th of July 2018. Although many have lost a substantial portion of their BTC holding, and more so their altcoin holdings, there have been a few lucky people like me who’ve managed to make decent gains by shorting the market on Huobi.

Read the full article here: https://steemit.com/cryptocurrency/@somejasonguy/how-i-shorted-the-market-and-won-with-huobi

There’s blood in the streets, everything is in the red, suicide hotlines are buzzing and things look as bleak as they can be in the crypto world. But why all the gloom and why are things in such turmoil? That’s because, over the past few weeks, BTC has declined by about 28% from its intra-day high price on the 25th of July 2018. Although many have lost a substantial portion of their BTC holding, and more so their altcoin holdings, there have been a few lucky people like me who’ve managed to make decent gains by shorting the market on Huobi.
Read the full article here: https://steemit.com/cryptocurrency/@somejasonguy/how-i-shorted-the-market-and-won-with-huobi

WONO is a Blockchain P2P marketplace for sharing services and self-employment work like freelancing and rentals. It’s a decentralised meeting place for people who offer and take advantage of these sharing and self-employment services. Due to the decentralised aspect, all participants interact with each other entirely without any third instance.

On WONO, users are able to interact freely and transact without requiring anyone facilitating transactions in the middle. This means that freelancers are able to obtain a salary and spend it without having to pay fees or taxes.

You can read the full article here: https://steemit.com/cryptocurrency/@somejasonguy/review-wono-the-p2p-marketplace-powered-by-the-blockchain

For now, given the current market conditions, I would stick to just btc and eth. Maybe exclusively BTC even. But i do think there are a few solid coins out there.

My top picks include:
NEO
ADA (Cardano)
XMR (Monero)

I also like DEX coins like Switcheo and Kyber. Think they have huge potential once markets go back up. Not expecting huge moves anytime soon though.

As much as I like ethereum, I think it's still better to stick to just BTC for now. Although ETH is very solid it's still an alt so, for the time being, I'd treat it just like any other alt. Having said that, ETH did go to 1400 dollars and given that high and it's current price, I feel it's a good decision to take up a position gives its lower price. Although, I wouldn't expect huge gains anytime soon.

As long as you're investing in solid assets like bitcoin and ethereum I don't think you have anything to worry about. The markets have been getting hit all year, which means that after a lot of downside, the chances of further downside get lower and lower. Add to that a lot of coins are at fairly attractive prices given their highs - BTC and ETH included.

As long as there is a possibility of bitcoin going under 1000$ there is a possibility that Ethereum will go below 200$ or even 100$. That being said, I'm sure you'll remember ETH going to 1400$ not a long while ago. Great reward does come with great risk so always keep that in mind. I do believe that eth will go to 200$, sure, but i also believe it will bounce back well when the market eventually bounces - when that will happen is anyone's guess

For EOS to hit 36$ regardless of when it does, BTC will also have to go up substantially. There is a direct connection between alts and BTC so never forget about that aspect. Anyway, looking ahead, at least for the short term, I feel it's more likely for EOS to go to 3.6 than 36. Having said that, you never know in crypto. We may perhaps see EOS at 36 in a few years. I'd say it's quite likely.

Yes there is most certainly a direct connection between the two. Bitcoin came first and will go last. This means that it's almost taken for granted that the altcoins will go to 0 before bitcoin does. Bitcoin was, is, and will always be king. As great as some altcoin projects may seem, nothing comes close to bitcoin and that I feel will be the case for a long, long time.

Software wallets are fine for small amounts of crypto or small volumes of trading. But for your long term holds consider a hardware wallet or you could do what I do and just send your coins into cold storage. Cold storage is by far the safest since your private keys never touch the internet or even another device for that matter. Hardware wallets like the Ledger Nano S are one step below cold storage in terms of safety but are still very very safe.

As a general rule, I feel a good amount to invest, especially in crypto, is an amount that wouldn't affect your life if you lose 100% of it. Although we all don't want it to happen, crypto going to 0 is not out of the realm of possibility and you could lose literally 100% of whatever you have, so to answer your question, only invest what you can afford to lose.