UNIQUE ATTRIBUTES OF ASURA WORLD PLATFORM (ASURA COIN)
Are you into custom betting rules? Or just excited about having one platform for all your eSports needs?
You would agree that eSports has continued to gain much popularity and it has had its effect on online betting whereby it has observed rapid growth in recent years. With a reported figure that shows a whooping $649Million of cash bets being invested into eSports games in 2016. This is not inclusive of the unregulated betting markets which perhaps raises about double of the initial figure stated in both cash and digital asset. It is predicted that global eSports betting will reach $12.9Billion by the year 2024, and this will generate about $1Billion in revenue for eSports platforms and operators from betting and wager markets alone.
This is where the Asura World platform comes in to assist. Asura Platform will look to make the transition from traditional eSports betting through cash and skin wagers, into a more and fair and ethical market with the use of digital currency.

Asura World Platform will enhance this aspect by creating a friendly and total enabling environment for gamers to follow and participate in eSports events, and as well bets and wager on heir favourite teams and outcomes.
All that Asura World is mainly concerned about is to improve the users experience and to maintain a wonderful community. The platform will also involve the community in the process of decision-making in other facets of the platform gradually as it is being phased into a truly self-sustainable eSports platform. Asura wants users to have a breath of something new coming into play, with exciting features in every activity they so wish to partake in-particularly in the area of betting and wagering.

Although, they are rules and guidelines to follow in achieving and making eSports available to all, these sets of rules are in the interest of both the community and the platform, in general for the successful engagement and hitch-free operations and user’s experiences.
The first is the Unique betting rules – This rule is enforced to to involve a new array of bets that are more of eSports focused, gamestyle- focused and random than traditional platforms.
The other rule is the Community-voted bets-  This rules unlike current eSports betting platforms allows Asura World members to suggest their own betting ideas and which winning selections will be rewarded with ASA coins.

Asura World Platform is unique for many reasons but utmost unlike other platforms, Asura World is the one that is highly community engaging and one which has prioritized its community and members above all other interests. This is the exact greatness needed by those actively involved in eSports and betting activities.

Asura World is changing the norm to the best.

WHY WE SHOULD STOP PAYING FOR ICOs/TOKENS.

ICOs are now a quick money venture for the developers. They don't care about the investors anymore, since the idea is just to make money. Some will complement the investors with exchange listing, i know you will ask why that is a complement. But ask some of those investors who are still waiting with no hope of when their investment will be listed on exchange and that is if however it will happen someday.

Others investors that will be complemented will approach the exchange with a rather bad listing price as compared to the initial price of the tokens during the Token sales.

I have been a victim of fraudulent ICOs in time past, I don't let the mistake repeat itself after much research. At least, once i notice that most of this ICOs has no connection to the Blockchain, but just an option to raise cash for a quack or fraudulent non-existing idea which is only backed up by comprehensively sophisticated english to deceive people to them; I just overlook them.

I have said it at a time that ICOs will become unreal so much that we will not be paying for it anymore, and if there is anyone to be paid for, it will be an ICOs with a strong and functioning project/venture/product or working prototype.

At a point as well, we have seen come developers approach the Crypto arena with free tokens distribution without any aim to generate funds from the public, at least by not selling Tokens in the first place and up till date, they are doing just fine. An example is Rebellious, Polymath and EQUAL, at least for the few I have been part of.

The big news today, if confirmed to be and being circulated but not yet debunked is Savedroid being a scam. Many has happened, much are to still happen and which will continue when this fakers continues to get into us.

We might have had one experience or the other, but it is surely not a good thing that ICOs are becoming another slap in the face for the crypto community that works hard to be real.




If you feel this post is meaningful enough, please, I will gladly appreciate your merit. Thank you

Recently, I have pondered on some issues within investing into ICO  and how they get listed into the exchanges. Let me assume that my exploration into the Cryptocurrency is not that a long time yet, but that doesn't surpass my knowledge that ICO can actually make you a quick buck of returns.
This idea had made me delve into as much ICOs as I can, but it has been a disappointing experience so far. A situation whereby i invest 1000$ and when the token is listed into the exchanges, I get back 250$. This is so far traumatising and made me feel want to runaway.

I have partook in other projects which has brought good returns such as "Credits'. But these days, I think we have the ICOs that doesn't care about how investors feels. They launch into the exchanges with a very low rate and expecting that investors be happy and some promising that the price will increase once they gain market liquidity. I can as well point to few examples but I wouldn't want to mention names for the fact that my post can be flagged and reported.

On the other hand, when you try to express your grievances to the the team, they make you understand that they do not control market, but need they remember that they control the original price which we all purchased their tokens. They founded the project, sold the tokens to generate money and then make their proposals known to the exchanges for listing. If the faults were from the exchanges, aren't they visible enough to know how much the tokens were sold, and not to have listed it below the original price? This is a question for another day. 

When dumfounded and had nothing to say, they immediately blame it on the current drop of Ethereum and other Altcoins. In due diligence where am open to corrections, I have noticed that the increase in the Ethereum price and other Altcoins does not guarantee that the Token price will soar in the market.

This experience has opened me to series of research and analysis in the Cryptosphere, and I have not stopped. It's better to be informed that loosing out my hard earned funds.   

In overall, I have concluded to always check for the best projects available, making friends from all over the world for suggestions on which is worth investing into and doing the "due diligence"  research.



Please, kindly reply with your suggestions. Also, if you find this as an experience, your Merit will be well appreciated. Thank you.

[ICO Scams: Read the Warning from the SEC]

ICO Scams: Read the Warning from the SEC

Initial Coin Offerings (ICOs) face increasing regulation around the world.

The U.S. Securities Commission has increased its oversight of the ICO market and is warning investors to perform their due diligence before investing in ICOs. Chinese authorities are banning initial coin offerings. Hong Kong and Canadian authorities also are stepping up regulatory efforts over ICOs.

SEC officials are concerned that ICOs may need to be registered with the SEC.

Guidance from the SEC states:
                

“Depending on the facts and circumstances of each individual ICO, the virtual coins or tokens that are offered or sold may be securities. If they are securities, the offer and sale of these virtual coins or tokens in an ICO are subject to the federal securities laws.”

The SEC recently issued several trading suspensions on the common stock of certain issuers who made claims regarding their investments in ICOs or touted coin or token related news.  The companies affected by trading suspensions include First Bitcoin Capital Corp., CIAO Group, Strategic Global, and Sunshine Capital.

Look Before You Leap
If you are thinking about participating in an initial coin offering, the SEC says you should consider the following:

If a promoter states that an offering is exempt from registration, and you are not an accredited investor, you should be very careful; most exemptions have net worth or income requirements.
Although ICOs are sometimes described as crowdfunding contracts, it is possible that they are not being offered and sold in compliance with the requirements of Regulation Crowdfunding or with the U.S. securities laws generally.

The American agency is not the only agency issuing guidance regarding ICOs.

Canadian authorities are concerned ICOs may be securities, stating:

"For example, if an individual purchases coins/tokens that allow him/her to play video games on a platform, it is possible that securities may not be involved. However, if an individual purchases coins/tokens whose value is tied to the future profits or success of a business, these will likely be considered securities.”

Hong Kong regulator, The Securities and Futures Commission has noticed an increase in the use of initial coin offerings to raise funds in Hong Kong and elsewhere. Depending on the facts and circumstances of an ICO, digital tokens that are offered or sold may be “securities” as defined in the Securities and Futures Ordinance, and subject to the securities laws of Hong Kong.

In China, Caixin reported that new projects raising cash or other virtual currencies through ICOs will be banned, CNBC reported. A local committee looking into ICOs provided a list of 60 major ICO platforms for local financial regulatory bodies to inspect. Chinese authorities are banning all organizations and individuals from raising funds through ICO activities and all banks and financial institutions from doing any business related to ICO trading. The report said organizations and individuals that have completed fundraising through ICOs should make relevant arrangement to return funds, in order to protect the interests of investors and properly deal with risks.

The Takeaway for Investors
Investors interested in ICOs do well to heed the guidance of the SEC as provided. While ICOs offer great potential for reward, that potential also comes with great risk. As is always the case, investors should invest no more than they can afford to lose.


Please, if you feel this post has meaning OR positive in any way, I do appreciate with a bit of Merit. ThanK YOU.

[1. The work on scaling issues]

Five reasons 2018 could be the best year yet for cryptocurrencies

I want to highlight five reasons why 2018 might be the best ever year for cryptocurrencies and why I have heavily invested in them.

1. The work on scaling issues
Bitcoin (BTC) is the most important cryptocurrency. Most government-backed money that goes in and out of crypto goes through bitcoin, so what happens to the original cryptocurrency affects the entire market.

The token's market dominance stood at about 40 percent as of Wednesday. By my estimates, however, it's clear bitcoin's market dominance should return to 75 percent of the entire space.

I actually see a 150 percent potential upside in bitcoin for 2018.

Why? Well, BTC is still dominant. It has the biggest user base and the biggest industry. Still, it faces a challenge in scaling up for wider use.

Bitcoin now can't handle more than six or seven (or, with the "Segregated Witness" protocol upgrade, it's 12 to 14) transactions a second. Compare that with credit cards, which involve thousands of transactions per second, so the criticism about bitcoin's ability to be useful at larger scales is understandable.

The scalability challenge results in high fees as well.

What is the solution? It is the so-called second-layer peer-to-peer off-chain networks. To cite an example, look at the Lightning Network. Created by Blockstream, the Lightning Network allows for transactions off the blockchain, thereby decreasing the transaction costs almost to zero and increasing the speed and scalability almost infinitely. And it's just getting started. As you can see from this map, more and more nodes as well as channels are being established. It is growing exponentially.

In the coming months, we will see a sharp uptick in transactions and the use of more bitcoin in these channels. What's more, the Lightning Network doesn't have any fee.
In other words, second-layer networks solve the problems bitcoin faces — scalability and lack of liquidity. That could be a key reason why bitcoin surges this year.

At the end of 2017, I was thinking the sharp rise to about $22,000 would make investors have a rethink for fear of uncertainty and then start to cause a decline, so i thought at worst, it may come down as low as $5,000 — but it could potentially climb to as high as $60,000. Lightning Network will have a big impact on the potential upside.

There are also other second-layer projects like Rootstock that would allow computations similar to those of ethereum (a blockchain-based computing platform that supports another cryptocurrency named ether) to be done through bitcoin.

Exciting projects such as those could cause a significant spike in BTC. I would dare say in the realm of 60 to 70 percent with the potential upside of 100 percent — and maybe even more.

2. Large scale and more legitimate ICOs
Like last year, initial coin offerings (ICOs) will impact the ethereum network because ICOs usually require plenty of ether. That will buttress the demand for the platform's digital coin. More legitimate ICOs will lead to greater interest in ether as we are already seeing with the billion-dollar ICO of messaging app provider Telegram and that of Kodak.

That means we could see a rise in the market cap of ethereum to $200 billion by the end of the year. The cryptocurrency's price could possibly double to $2,000.

Though other platforms could see similar gains, I believe ethereum will be the main focus.

3. Regulation
Many believe regulations hurt markets, but that is a short-sighted perspective. In the long run, companies require rules for the sake of legal stability and certainty. Regulation gives users and institutional clients the confidence to invest.

We saw something similar when Japan started regulating bitcoin. The market dropped initially, but it rose eventually. Ditto in Australia.

Other countries could follow the same rule book — I think we are going to see something like that with South Korea and probably many others — but the market's fate will be no different than after what played out in Japan and Australia.

4. A lot of execution and usability
There are several start-ups that offer debit cards to help people spend their cryptocurrency holdings.

That means the number of users and merchants is set to increase sharply in 2018.

This would burnish the reputation of cryptocurrencies, with more and more companies trusting them. The firms that execute well this year will stand out and create a survivorship bias — where a few companies thrive and others fail, but people focus on the winners and ignore the losers.

Most start-ups bomb, but the spectacular successes of companies such as Facebook and Airbnb help mask those failures. Likewise, the success stories of a few entities in the cryptocurrency space will overshadow the negative news of several going bankrupt.

5. Institutional investors
The last reason why 2018 will be a stellar year for cryptocurrencies is that this will be the first year of solid institutional money flowing into the ecosystem.

It is estimated that $10 billion to $12 billion has so far flown into the crypto ecosystem, but that's nothing compared to what institutional funds could invest. Since those first funds propped up the market to around $500 billion, the next $10 billion to $12 billion, which is peanuts for some funds, could double the market cap this year.

Summing up
To sum up, the likelihood of all five factors happening is not 100 percent. But I still see a probability of 70 to 75 percent. And each one of them might grow the market's overall size 50 to 100 percent — maybe even 200 percent.

If you combine those factors, the market's upside potential could rise to up to seven or eight times the present levels. While this might not be as much of a multiple as what we saw in 2017, it is much higher in absolute terms. That could make 2018 the most successful year in crypto ever. Additionally, the growth might not be based so much on hype or hope as it would be on solid foundations.

That being said, the reader should not see this piece as investment advice, by definitely understanding of potential risks of investments. When you dismiss real risks as fear, uncertainty and doubt (FUD), you could be blindsided.

[Coinbase]

Will Your Token Be Listed on any of These Big Exchange? AND WHY?

Some ICO whitepapers mention plans to list their digital tokens on exchanges, but why is this important?
Whether these tokens get listed – and where – is very important to investors because it can have a huge impact on the digital currency’s price.

If a digital token gets listed on one or more exchanges, its value could rise significantly. However, should it be listed on a major exchange like Coinbase, GDAX, or Bitfinex, its price could skyrocket.
Several exchanges have released the criteria they evaluate when considering whether to list digital currencies.

GDAX’s Criteria
GDAX, an exchange run by Coinbase, released the Digital Asset Framework, which outlines the various factors the exchange looks at when determining whether offering a digital currency for trading makes sense.

The framework lists considerations such as whether the digital currency would qualify as a security under Coinbase guidelines, how much liquidity it has, and what exchanges trade the currency already.
At the time of this article findings, GDAX only offers trading in four digital currencies: bitcoin, bitcoin cash, ether, and litecoin.

Bitfinex’s Guidance
Bitfinex, another major exchange, has also provided specific guidance on how it selects digital tokens for trading.
“Several factors go into our decision-making process when considering adding a new token to Bitfinex,” the exchange’s website reads.

“Some of these factors include user requests, shareholder interest, market capitalization, token design parameters, and a thorough assessment of the token’s development process; including, but not limited to, the team behind the coin and their strategies for solving technical and nontechnical problems.”

Bitfinex offers more than 20 tokens for trading. These include: bitcoin, bitcoin cash, Monero, IOTA, Dash, and Ripple.

Bittrex’s Considerations
Bittrex, another large exchange, has stated that it “looks for coins that have high community demand, innovations to digital currency technology, or a contribution to science or humanity.”

This exchange is far more comprehensive in its offerings, giving users the ability to trade hundreds of currency pairs.

What Investors Should Know
If you are interested in purchasing digital tokens that will likely get listed on exchanges, there are a few things to keep in mind.
    o     For starters, many digital currency exchanges are making an effort to avoid listing tokens that would be considered securities by U.S.
          regulators. As a result, consider sticking to “utility tokens,” meaning digital assets that are used to fulfill a specific purpose instead of
          serving as a means of speculation.

    o     Investing in digital currencies either during ICOs or shortly after these sales can generate compelling returns, but liquidity is crucial. As
          a result, focus on tokens that you believe will enjoy sustained demand.
  
    o     Further, be sure to conduct the needed due diligence when evaluating the technology of any digital currency.
        
One good place to start when evaluating token sales is the article on "initial coin offerings" previous article written above.


THIS IS IN NO WAY A FINANCIAL ADVICE. DO YOUR OWN RESEARCH.

[Do Your Due Diligence]

THINGS YOU SHOULD KNOW ABOUT INVESTING IN ICOs

Initial Coin Offerings are a new type of fundraising that allow investors to get in early on new companies and projects. In this article, I will cover the basics of how to invest in ICOs. In summary:
•   Do your due diligence
•   Get the offering details
•   Buy Bitcoin or Ether (Due to the ICO demands)
•   Make (or schedule) the purchase.
•   Receive your Tokens
•   Store your tokens safely

Do Your Due Diligence
Due diligence is crucial to any investment. However, doing your homework is even more important in the case of ICOs. These offerings can provide significant reward, but you can also lose all your money.
To research an ICO, start off by examining the “Three P’s”:

Product. ICOs come in two flavors: those with a working prototype, and those with a plan only. (Think of it like those with a startup business, and those with a business plan only.) Our analysis has shown that teams with a working prototype generally lead to more successful ICOs and long-term investments than those with a whitepaper only. Regardless, read the whitepaper, as it provides the “vision document” of what the team is planning to build. Look for a prototype on GitHub or the team website.

People. Does the ICO have a good team behind it? Knowing the answer to this question may mean the difference between success and failure. Explore the background of the leadership, development, and advisory teams. Online profiles can be telling: look for verifiable projects, work history, and subject matter expertise. Be rigorous, and ask yourself whether the team has the credibility to use your money wisely. If it smells bad, it usually is.


PR. Look at how much press the project is receiving. Although strong buzz does not mean a worthwhile project, it does indicate a level of PR sophistication, and it means that more investors will know about the ICO. Look on news outlets, user forums, and social media.
If an ICO passes your first test of the “Three P’s,” then it is time to begin the “deeper dig.” Here are some of the questions to ask:
        
What does the project do? Do you understand the concept well enough to explain it in plain English?
 
What problem will it solve? This matter is crucial, as it will tell you what need exists for the digital currency.
 
How will a token address the problem? Someone may have tried this before or may have attempted to solve the problem using a different approach. Does it really require a token?

How big is the opportunity? Looking at this will give you a sense of the solution’s potential market. Bitcoin, for example, aimed to create a decentralized digital currency, and its creator(s) wanted to create a new monetary system. Some ICOs think too small.

To what extent is the digital currency’s price based on expectations of future value? How much is its price based on value that exists today?

Get the Offering Details
Once you have done the “Three P’s” analysis and the “deeper dig,” the next step is to prepare for the actual ICO.
Not all ICOs are the same. Some have a set amount of tokens they can sell, and reaching this goal ends the sale. Some launch a “presale” before the ICO. Some offer token bonuses for early investors.

Here are questions to ask:
   o     When is the ICO taking place?
   o     How many tokens will be available through the offering?
   o     How many tokens will the owners retain?
   o     Will there be a fixed amount of tokens, or will the owners be able to create more tokens in the future (devaluing your investment)?
   o     Will the tokens have the same value throughout the ICO, or will there be “early bird” bonuses?
   o     Is the ICO open to anyone, or accredited (read: wealthy) investors only?
   o     What is the ICO contract address?

Buy Bitcoin or Ether
Before you participate in any ICO, you will need to purchase bitcoin or ether, and prepare for the ICO investment. Here are the steps involved:

Set up an account with a cryptocurrency exchange. I usually recommend Coinbase. You will need to transfer funds into your new account, which will require you to provide bank account and credit card information, as well as prove your identity by uploading an official photo ID like a driver’s license or passport (in keeping with Know Your Customer laws). It can take a few days to transfer the money to the exchange, so keep this in mind if you want to be ready to purchase tokens through an ICO.
Transfer the bitcoin or ether to a wallet you control. I usually recommend Myetherwallet. Be sure to choose a wallet that meets the ERC20 standard, which was developed for Ethereum-based tokens.

Make (or Schedule) the Purchase
Once you have your digital currency in the appropriate wallet, you can take part in an ICO by purchasing tokens at the crowdfunding page of the company/project holding the sale. Each ICO is different, but generally involves sending your bitcoin or ether from your wallet to a specified address. Copy down the transaction details, and keep them in a safe place.
Scheduling ICO purchases. Because some ICOs reach their crowdfunding goals quickly, or smaller investors are locked out by large investors called “whales,” you can use Parity, a popular ethereum wallet, to schedule a transfer to take place at a specific time or after a certain block number. If you set this up correctly, you do not have to be at your computer when the transaction takes place. However, your computer does need to be running Parity to execute the transaction and purchase your digital tokens.

In order to pull this off, you must know the gas limit for the ICO. Every transaction that takes place via Ethereum has a gas cost, which is basically the expense a user is paying to use the Ethereum network. An ICO’s recommended gas limit is usually released by the project or company when the contract address becomes known to the public. You can adjust the gas limit in Parity. If you set this limit too low, the transaction might not take place. However, if you set this limit far above the recommended amount, miners might prioritize blocks that are more operation-dense instead.

Prepare the signed transaction in advance. If you are worried about missing out on a hot ICO, you can also prepare the signed transaction in advance, if you are using Myetherwallet. Go to the “Send Ether & Tokens” feature, access your wallet, then enter the following information:
    o    ICO Contract Address
    o    Amount of ether you want to send
    o    The gas limit
    o    Any other information needed
Once you have supplied this information, click on “Generate Transaction.” Once the field marked “Signed Transaction” populates with information, you can copy that data and keep it. When the ICO goes live, you can then broadcast this transaction on Etherscan.

Receive Your Tokens
After the ICO ends, you can look forward to receiving your tokens. To find out the distribution timeline for a particular offering, research the website of the project or company holding the sale.

Store Your Tokens Safely
Once you have purchased tokens through an ICO, figure out the best way to store them. You can hold your newly purchased digital currency in your online wallet, but this makes it vulnerable to many threats.
If you want a more secure method, you can use cold storage, which holds your digital currency offline. For example, you could use a hardware wallet such as Trezor, Ledger Nano S or KeepKey. If you hold your digital currencies on one of these wallets, it keeps these assets safe from hackers and malicious software programs such as viruses.

To use a hardware wallet to store your newly purchased digital tokens, connect it to your computer and then transfer your private keys to the device. Disconnect the hardware wallet from your PC, and your cryptocurrency will be securely stored.
If you are looking for an additional layer of security, you could store your hardware wallet in a fireproof safe or a safe deposit box. This will further safeguard your digital currencies from fire and theft.

Next Steps
ICOs offer significant risk, but also great reward. Be sure to do your homework, as with any investment. Many believe that digital currencies are the way of the future, so by picking the right opportunities, you could gain exposure to the next big thing.

PLEASE NOTE THAT THIS IS NOT A FINANCIAL ADVICE IN ANY WAY.[/list]

Traders and asset managers say ethereum has bright future as investors and start-ups see it as the “go-to blockchain ecosystem”

The cryptocurrency ethereum is likely to see a bigger increase in market capitalisation than bitcoin by the end of this year, a market survey has found.

Consumer product and services comparison website Finder’s survey of nine blockchain industry participants on the price trend for the world’s top 12 cryptocurrencies found that ethereum will see the biggest increase in market cap, at 212 per cent, followed by bitcoin at 194 per cent, and bitcoin cash at 123 per cent.

In terms of price prediction, ethereum will however rank third, at US$2,550, by end of this year; while bitcoin and bitcoin cash are forecast to trade at US$29,533 and US$2,721 respectively, taking the top two spots.

The predictions were based on their price levels seen on February 27, which were recorded at US$873, US$10,388 and US$1,258 respectively.

The growth in ethereum’s market capitalisation – calculated by multiplying the number of coins expected to be in circulation by the average forecast of the coin’s value – is in part driven by wider applicability of its underlying blockchain network, market participants told the South China Morning Post.

The value of bitcoin fell below US$10,000 in recent trading, after the US Securities and Exchange Commission instructed online trading platforms to register with the agency as exchanges, in a move that’s seen as adding more restrictions to the unfettered movement of digital currency.

This has in turn led more investors to buy ethereum in anticipation of more future token sales – or initial coin offerings (ICO) – to be launched by tech start-ups for funding their next innovative projects as they believe ethereum is the “go-to blockchain”, they said.

[Disclaimer – I am not a financial advisor. Invest and trade at your own risk. The following is my opinion.]

Disclaimer – I am not a financial advisor. Invest and trade at your own risk. The following is my opinion.

Day trading is described as buying and selling a coin with 24 hours. Swing trading can be defined as buying and selling coins over the course 2 – 6 days up to a couple weeks. A few of my trades are executed within minutes. Here are the 3 things I would suggest that will give you an edge in day trading altcoins. Altcoins are any coin that is “alternative to bitcoin” as bitcoin was the first cryptocurrency. Most if not all altcoins are affected by the rise and fall of bitcoin. I want to talk about 3 ways to holistically look at crypto day trading. This will be the beginning of a series on day trading altcoins. Here we go:

1. Research Coins
When researching altcoins it helps to first learn about the coins in general. While you can look at a chart and technically analyze it to make a decision to buy/sell it helps to get more information to maximize your profit. Go to one of the exchanges such as Binance.com or Bittrex.com. These are the exchanges where users can trade altcoins for bitcoin, Ethereum or USDT (which is no to be confused with USD). Go down the list of coins and further read about each one. Here are the most common places to do research on altcoins. Of course, each coin should have a website with a whitepaper that will tell you more about the use of the coin, and the technology backing it as well as the development roadmap the coin is following. Pay attention to this roadmap as it will usually call out specific dates the coin will hit major milestones. These milestones can vary from ‘creating a wallet’, ‘launching product on blockchain mainnet’, etc. The reason to pay attention to these is because it usually affects the price negatively or positively depending on how the community behind the coin interprets the achievement.

When you see a major rise or fall of a coin it means there was some sort of news behind it. Now the trick is to try and get in on the information as early as possibly to be part of the rise or avoid the fall. I know this sounds obvious but a lot of day traders just look at a coin chart and think they can determine where its going based on technical analysis alone.


2. Have a Strategy
When looking at an altcoin to trade determine a couple of things beforehand.

– First, determine the best entry or buy price based on your research and try to get in at the lowest point possible for the day. You can do this by looking at a day chart and by comparing the previous day open and close coin cost. While this is not 100% bulletproof you can get a feel for how high or low a coin will fall based on past data. Don’t buy when a coin is at its all-time high unless you are convinced this coin will just continue to skyrocket.

– Don’t get too greedy – In traditional trading day traders would be incredibly happy with 1% – 2% gains in a day or even a week. In altcoins the volatility is so high that it is not uncommon for you to make 30% gains in a week. (This is not saying you will but it is possible). If you see a coin rising a falling between 5% and 15% most days, set a sell to get out around 7 – 10% and don’t try and catch it at the top every time. If you try and catch a coin at the top too often, you will find yourself stuck in a trade that will make you wait longer to sell or never recover.

– Determine your level of risk – In other words, analyze the coin and try and determine its day range on average and try and pick a reasonable sell position if it falls below a certain point. It is just as important to determine and set stop losses as it is to set a sell at the gain you are trying to achieve.


3. Analyze the Charts
If you are going to day trade or swing trade then you have to at least know the basics of chart analysis. You can also use some of the really helpful chart indicators that help you determine the direction of a coin such as MACD (Moving Average Convergence Divergence), EMA (Exponential Moving Average) and a few others. Of course, no one can predict for sure which way a coin will move but based on technical chart analysis you can make a better-informed decision based on the statistical probability that a coin will move based on the analysis. This along with all the other research will give you a better chance of making a smart decision.

Goodluck.

Many of us might have wondered why it's becoming impossible to buy a certain token or partake in the Token sale despite a long wait. The long wait includes following the ICO from the begining of their project and till the days of their sales. Most ICO these days have become unfair with interested participants in the Token sales as the KYC (know your customer) has given them a new dimension to play the interested public.

The ICOs have now adopted a 'wait and search' strategy, where interested participants after the filling the KYC forms are placed on hold, perhaps to enable them check the highest bidders for the token sales. The customers KYC form now includes a field where interested persons are to register the willing amount of tokens to be purchased or the value in either ETH or Dollars to be contributed.

During the days of the transparent ICO's, you immediately get notification or a confirmation of eligibility to partake in the sales, but it's a different story now, as the present ones will first select their customers through the highest bidders options and then leaving others frustrated.
People in turn have known this procedures and have now resorted into queuing up with others, either physically known or known from the groups or the internet just to get their own share of the tokens.

One other issue is how people are now selling the KYC forms to ineligible but interested people in the particular ICOs, it doesn't even get cheap anymore as some people would tell you how they have registered with about three accounts, and would offer you one for less than a thusand dollar or 1ETH if you will be purchasing up to the registered amount.

Whether this will continue to happen or there will be some caution is not known yet, but this write-up is just to register a dissatisfaction in the unfair treatment of the ICOs, Whereby any suggestions is highly welcome