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1  Economy / Trading Discussion / A Cheat Sheet Every Crypto Trader Want To Know :) on: February 06, 2018, 08:41:09 AM
Anyone new to the crypto trading world will quickly see words, sayings, and lingo they have never seen before. Some of these terms are used outside of crypto, but many are unique to the space. Here is a list to help keep you in the know

ALTCOIN = Any crypto currency other than bitcoin.
ASHDRAKED = A situation where you lost all your money.
BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.
BEAR/BEARISH = Negative price movement
BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)
BULL/BULLISH = Positive price movement
DILDO = Long green or red candles
DUMP = To Sell off a coin
DUMPING = Downward price movement
DYOR = Do Your Own Research
FA = Fundamental Analysis
FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)
FUD= Fear Uncertainty & Doubt
HODL = Hold/Hold a position
JOMO = Joy Of Missing Out
LONG = Margin bull position
MCAP = Market Capitalization
MOON = Continuous upward movement of price
OTC = Over The Counter
PUMP = Upward price movement
SAJ CANDLE = Huge green candle
SHITCOIN = A coin with no potential value or use
SHORT = Margin bear position
SWING = Zig zag price movement (Upwards and downwards)
TA = Technical Analysis
REKT = When you have a bad loss
REVERSE INDICATOR = Someone who is always wrong predicting price movements.
RSI = Relative Strength Index
WHALE = Very Wealthy trader/Market mover
2  Other / Beginners & Help / Small tutorial about wallets for beginners on: January 26, 2018, 12:55:39 PM
With the recent boom in crypto investors, a lot of newcomers have posted threads here with questions about the safest way to store their coins. This thread is going to contain information on the multitude of ways to store your bitcoins/altcoins in order to protect your investments. Probably the most important aspect of investing is making sure that your holdings are kept secure so I hope that this can help some people out. I will continuously add more information to the thread, for now I will just include a few of the main ones.

Online Wallets
Security: Low
Accessibility: High

First and foremost, online wallets are not the safest way to protect your coins, but they do provide easy accessibility so that is why I will include a few of them on here and the coins that they support. The thing about online wallets is that at any point, they could shut down or be hacked and your funds are gone forever. I always recommend keeping your coins on a cold storage.

Blockchain (https://blockchain.info/wallet/#/)

  • Coin(s) supported: Bitcoin, Ethereum
  • Pros: Instant send/receive, lots of security features
  • Cons: Slow/buggy when network is clogged

Coinbase (https://coinbase.com/)

  • Coin(s) supported: Bitcoin, Ethereum, Litecoin, Bitcoin Cash
  • Pros: Easily buy/sell coins from bank/card, USD wallet
  • Cons: I'm gonna go ahead and throw this out there and say that I do not recommend using Coinbase as a wallet. Their service is great for buying/selling coins with fiat, but they are the PayPal of the crypto world. They have a bad reputation for locking up wallets, requesting information on where the funds are coming from, and requesting different forms of ID verification.

I'm not going to include any other online wallets as I just do not recommend using them in general so I feel that it isn't necessary.

Desktop Wallets
Security: Medium
Accessibility: High

First and foremost, online wallets are not the safest way to protect your coins, but they do provide easy accessibility so that is why I will include a few of them on here and the coins that they support. The thing about online wallets is that at any point, they could shut down or be hacked and your funds are gone forever. I always recommend keeping your coins on a cold storage.

Jaxx (https://jaxx.io/)

  • Coin(s) supported: Bitcoin, Ethereum, Litecoin, Dash, Zcash, Augur, Salt, Civic, Qtum, Blockchain Capital, Bancor, and dozens of other blockchain-based assets
  • Pros: Lots of coins supported, mobile app, public source code, compatible with most platforms
  • Cons: No 2FA

Exodus (https://www.exodus.io/)

  • Coin(s) supported: Bitcoin, Ethereum, Litecoin, Dash, Augur, Golem, Decred, EOS, Aragon, Gnosis, OmiseGo, Basic Attention Token, Civic, SALT, Bitcoin Cash, Ethereum Classic, FunFair, District0x, Bancor, Bitcoin Gold, Edgeless, FirstBlood, Matchpool, Numeraire, iExec RLC, Status, WeTrust, Wings, 0x
  • Pros: Lots of coins supported, built in Shapeshift, live portfolio charts, customizable themes
  • Cons: No 2FA

Electrum (https://electrum.org/)

  • Coin(s) supported: Bitcoin
  • Pros: Very secure, insanely fast, cold storage feature, multisig
  • Cons: No multi-coin support

Hardware Wallets
Security: High
Accessibility: Low

Hardware wallets are best for people who want a very secure way to protect their investment long-term, or have zero self control and need a way to stop themselves from selling their holdings. Hardware wallets are by far the safest form of protecting your coins and I highly recommend using them if you plan on holding your coins for a while.

Ledger Nano S (https://www.ledgerwallet.com/)

  • Coin(s) supported: Bitcoin, Ethereum, Litecoin, Dash, Dogecoin, ZCash, Stratis, Ripple, Ark, Bitcoin Cash, Bitcoin Gold, Ethereum Classic, Expanse, Digibyte, Hcash, Komodo, Neo (available soon for the Ledger Blue), Pivx, PoSW, Qtum, Stealthcoin, Stellar (not available for Ledger Blue), Ubiq, Vertcoin,Viacoin, Most of the other Ethereum tokens (ERC20 tokens) can be managed using Ledger Nano S and Ledger Blue with MyEtherWallet only (it won't work with the Ledger Wallet application)
  • Pros: Multiple coins supported, very secure, 2FA, fairly cheap
  • Cons: Coins cannot be accessed quickly (not specifically this product, but all hardware wallets in general)
  • Cost: 79

TREZOR (https://trezor.io/)

  • Coin(s) supported: Bitcoin, Ethereum, Litecoin, Dash, ZCash, Bitcoin Cash, Bitcoin Gold, Ethereum Classic, Expanse, UBIQ, NEM, Namecoin, Dogecoin,
    Bitcoin Testnet, ERC-20 Tokens
  • Pros: Multiple coins supported, very secure, 2FA, fairly cheap
  • Cons: Coins cannot be accessed quickly (not specifically this product, but all hardware wallets in general)
  • Cost: 89

Paper Wallet

  • Coin(s) supported: Any
  • Pros: Completely off the grid storage, free, any coin
  • Cons: Coins cannot be accessed quickly (not specifically this product, but all hardware wallets in general)
  • Cost: Free

Should you keep your coins on an exchange?
Absolutely not. At any point, these sites could turn out to be a scam or get hacked and all of your money is gone. If you plan on holding your coins for a while, then deposit onto the exchange, purchase what you need, then withdraw immediately.

How do I transfer my crypto to cash when I'm done?
There are several ways you can do this. First, I would check LocalBitcoins and see if there are any offers that meet your needs. They have tons of exchangers on there and you will most likely be able to find your desired payment method. Secondly, you can use services like Coinbase or Cex to deposit your BTC directly to your bank this of course will require ID verification.


3  Alternate cryptocurrencies / Altcoin Discussion / Best small marketcap coins with bright futures? on: October 07, 2017, 04:56:59 AM
I figured I'd make a thread like this since it would be pretty informative for certain people who like to invest into things that have a huge chance of booming. Please suggest me coins and I'll do a bit if research so I can make a list out of them. Don't tell me coins that have already x3 in the past week.

1. Aventus , getting listed on a large exchange before monday. Very small marketcap and it's right around ICO price at the moment.

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