If you want to create ERC-20 tokens it's really easy to make, even there is a generator for making this kind of token out there (you can google "ERC20 token generator") But i think it's not recommended to create a token without any purpose or just for collecting shitcoin, it won't verified by the ethereum
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Hi! Everyone
What do you think is best methods to increase your Altcoin.
Invest in ICO? Trading? Hold? Others?
I'm not holding much on altcoins , because for me this year is the best year for daytrading alts. bitcoin's price quite stable so altcoin movement more agile and i often get 1-3% profits each trade. So, i think i'm growing my altcoins by doing daytrades with another alts and it's worth for this year
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I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.
Beginners is better to use only one exchange, it doesn't matter about the volume as long as the exchange is safe and have good reviews from the traders. But the current best exchange is still binance both for beginner or even experts.
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I don't use bots but the answer is very easy and not complicated. Are you monitoring the market from time to time? that's all you have to do and get into your position during the low prices and tune in until the price of BTC goes up.
And once you see that you've made profit and your capital has increased, sell it, that's it.
I think it's not that easy to get profits from daytrading , we're not only not able to monitor the exchange all the time but we have to know the knowledge of daytrading. And sometimes we have to cutloss if we lose on a trade and not holding our loss too long.
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I now when I get my bounty payment I no longer trust holding it. because so many losses are obtained later on. what we expect when holding is an advantage but it is precisely the loss that is obtained when we hold the token bounty results. trust has already decreased for hold tokens
In 2017, holding bounty tokens is really worth it because almost altcoin has risen and almost every new altcoins/token have many new investors. But token from bounty nowadays once it get a big drop, they won't recover because investors are finding the next new ICO token because they knew they will be a new project every week or month
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I don't think Binancce Coin will be able to defeat ethereum because I see the development of Binance Coin with Ethereum having very different requests and many platforms that use Ethereum than Binance.
But did you realize that binance ICO just held 2 years ago and right now bnb is the most famous exchange and the BNB has really high market cap even it's just in few exchange. So i'm sure bnb is big rival for ETH and it could be surpass ETH in the future
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One more advice from crypto expert. Only invest money that we can afford to lose if we want to invest for a long term. Because crypto investment is so agile our assets can be turned to 0 in short time and also can mulitplied in a short time also.
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What you think more profit, participate in IEO or wait after IEO and buy the token from exchanges?
Ofcourse participate in IEO, because the market price after IEO must be higher than IEO price but how long the price will higher than IEO price it depends on how good the project is. So, i think buy the token from IEO is better no matter what token is it
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most people believe that technical analysis can minimize losses in trading, but it cannot be believed that it always gives a profit of up to 100%. people who are used to trading, of course they are able to apply technical analysis in order to make a profit
Technical analysis mostly work on alts with daytrading for taking profits like 1%-3%. But it's also not 100%, we have to manage our loss and making our profits is more than our loss. And you're right the technical analysis can minimize our loss because we sometimes know when the coins is impossible to rise up so we have to cut loss
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I just know those exchanges are scammers. I've traded several times on coinsbit and works fine, i think i'll withdraw all my assets from there right now. And also i've doing an airdrops with KYC there, i hope nothing bad will happen with my identity on the future.
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Guys, I would like to recall the time when in 2017, the capitalization of Bitcoin and Ethereum almost equaled. Of course, we can say that the popularity of Ethereum has skyrocketed thanks to ico companies, but no one will dispute the fact that it is because of fraudulent ico companies that Ethereum has very lowered its rating. In addition, all the ETH funds that investors invested in new companies were converted into other currencies or into Fiat. I believe that more than one cryptocurrency has not suffered such a disaster as Ethereum after 2017. But since Ethereum has tremendous potential, this coin is still afloat and shows fairly good results. At the same time, it is necessary to mention the fact that Ethereum is practically no longer an altcoin, but comparable to Bitcoin, while having a better transaction speed.
Yes i remembered when ethereum surpassed bitcoin cap in 2017 and it's stand still quite long time like a month. Many successful icos make ethereum so shining in 2017 but right now icos are craps many people created icos for scamming people so investors interest going down so deep
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Teach me some crypto history. Did alts price rise in the past when BTC was rising or are there any other patterns showing up? Everybody's talking about altseason but i'm not sure if i understand the term correctly. Which tools do you use to track you coins? Thank you!
I also didn't understand what is altseason, i have 2 years experience in cryptocurrency and as i know alts have different time when the price up. All alts price going up only if btc price going up because of the pair is up. So i think altseason is not exist because alts is so many and have different time to price up. And I'm using blockfolio to track my coins, great apps
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Daily many projects are brought into the market with different ideas and background. But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive. So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.
It's my own analysis so far in this altcoin market. What are your thoughts?
The factor that will impact the market price is the hype. If many people talk about it and people hunt the tokens like crazy i'm sure the project tokens will be ended expensive in the market. So it's a task for the project marketing to make hype to the community
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Nowadays there are many projects, it is not easy to judge on new project, good or not, some people think the ico rating websites may help to take your decision, others think this ICO rating websites provide fake rating due to new project can pay fees to this ICO websites and get high rating. SO, If you find good project, is it important to you this new good project should be listed in ICO rating websites? Appreciate your participation I would if.. the hype of the project is high. The telegram group has high participant and all of them are active. Also if the team members are experienced so they don't have to pay ICO rating websites to list them because they're famous enough to advertise theirself.
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The best bitcoin (BTC) trading strategy is one that is perfectly aligned to your own individual goals, risk appetite and available capital. However, there are a few strategies that have become popular with bitcoin traders. These include:
1. HODLing 2. Hedging 3. Trend trading 4. Breakout trading
I would add arbitraging but this trade strategy was not popular just like old times. In 2018 arbitrage trade was so popular because there are many difference prices between exchange and it also rely on the transaction speed between exchange.
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I would sell mine if i saw a coins with a potential and hype. Sometimes a shitcoin but with a power of media making news about the coins and people make it hype. The price could be pump in a short time, and take a quick profits before it down again.
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Signal are just based on personal observation. Traders use charts and graph to determine or expect a rise while some people uses news/updates on whats going on with crypto. Wishful thinking is just speculation and many are speculating that this is a bullrun.
Technical analysis from chart and graph would not work if we not aware with fundamental analysis like the source from news or other source. Just like yesterday, bitcoin pumps after the news of china's president Xi announce that they want to develop blockchain. For me, technical analysis only worth for doing scalping at day trading with alts
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altcoin is still able to survive and I see the current exchange conditions have also experienced a price recovery so I think this can have a good impact on the price of altcoin and will not make altcoin dead. altcoin can definitely recover like it did with bitcoin today.
Altcoins is so many that makes the competition between altcoins is quite hard, the btc movement must be make altcoin going down. But in the recovery phase , maybe there are new altcoins coming up to steal people attention. So, if the altcoins have bad management from their team they will be dead anytime soon
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I don’t participate in campaigns that initially requires KYC. But now this requirement is founding in almost every bounty. It’s worse when after several weeks or months after work the team requires you to go through KYC.Even worse, when the KYC is rejected as a reason for the allegedly poor quality of the photo.And after then really pity for the time and efforts that are spent of the project and personal data too.
Yes, KYC should be add before we start to work, not when the payment start we have to complete KYC. So, we'll know before we start to work if we are accepted. So we won't dissapointed at the end if our KYC is rejected
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Fixed bounty is fair for all participant, but as i know many bounty with fixed allocation is not pay hunter higher than stakes based bounty. that's why even i'm prefer to participate in stakes based bounty than fixed allocation
Actually i'm prefer stakes bounty because if we have more effort than the others, we'll receive more rewards. But nowdays using too much effort on stakes sometimes ended dissapointedly because the token's price will ended bad in the exchanges. So, i think it's better doing bounty paid with BTC right now
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