【ANN】【ICO】(」゜ロ゜)」▓ ▓🔥 FIRETOKEN.IO LAUNCH! STAKE, VOTE, TRADE, PROFIT!🔥 ▓ ▓

[tidtpro333]

Does the team have much experience in this project?

[BenjaminCrypto]

https://scontent-sea1-1.xx.fbcdn.net/v/t1.0-9/30715177_186568441985177_5828249399238590464_n.jpg?_nc_cat=0&oh=e5643880d81287db7cc6e41b2203c027&oe=5B66BDAC

JOIN OUR COMMUNITY, STAKE FOR PROFIT, VOTE FOR YOUR CHOICE OF ALTCOINS AND TRADE AS A COMMUNITY! PRE-ICO START ON MAY 1, 2018!!!

http://image.ibb.co/nC8tcx/logo.png

▓ ▒ ▒ WWW.FIRETOKEN.IO ▒ ▒ ▓

A COMMUNITY MANAGED FINANCIAL SYSTEM

              

_______________________________________________________________________________ __________________________________


FireToken is one of the best platforms out now! Very professional team and one of its kind with the voting system.. Really love this project! https://t.me/firetokencommunity

[Kryptman10]

This should be on the website instead 

Our main product is our members and partners. We see blockchain not as 1.0, 2.0, 3.0... But rather a network of innovative nodes and applications.

We believe that by working together, adding different existing functions and create a friendly, trustless, decentralized economy, we can improve the existing system. It's the next step of our global evolution.

Our current line of products allow our members to do the following:


1- Renewable blockchain voting.


2- Community consensus weekly trading signals.


3- Generous voting incentive, we pay our members to vote. The data we collected are not to be sold to a private party for profit. We share the data we collected with our members, as well as the profit we gain from those voluntarily submitted data.


4- Live Trading session. We created a way for traders to communicate and come to a up-to-the-minute group consensus on trading. This democratic process filter out all the noises and simplify it down to two choices: BUY or SELL.


5- Trading bot. The enhanced trading tech are catered to our professional trading members. We also have copytrade function for those who would like to link their accounts to our main community account. This process create the first decentralized hedge fund style trading community.


6- Social media optimization services. We provide unique marketing enhancements for those with community influence, so that they can help mainstream blockchain education.


7- Market discussion. We aim to create a safe, non intimidated trading discussion where all questions are well received and beginners can ask questions regarding investment. Seasoned members can also discuss in professional and civil manners regarding their strategies.


8- Privacy network. Our unique privacy development allows our privacy oriented members to transact freely and anonymously. The right of privacy is yours to keep, as it should be.

This is ICO has a lot of features that people need to fully look at as it's great for the newbie in Altcoins.

Yeah, they got a lot of products they offer. I'm still trying to understand it all. What's their main product?

VOTING REWARDS SOFTWARE WILL BE REVOLUTIONARY!

[CryptoBeetle]

Does the team have much experience in this project?

Did you get a chance to see their whitepaper and website? It's well thought out and they sound very experienced in what they do and how they launched.

[CryptoBeetle]

It must got harder to list a coin now. SEC and regulation is on crypto hard. Two things certain in life, Death and Taxes.

The concept is amazing, why so hard to list? other ICO don't have team either but listed on other exchanges without problem.

Isn't this ERC20? WE WANT LISTING!!! WE WANT LISTING!!! 

Good morning  grab a sign and start walking

Good morning, did i miss it?

https://scontent-sea1-1.xx.fbcdn.net/v/t1.0-9/30715177_186568441985177_5828249399238590464_n.jpg?_nc_cat=0&oh=e5643880d81287db7cc6e41b2203c027&oe=5B66BDAC

JOIN OUR COMMUNITY, STAKE FOR PROFIT, VOTE FOR YOUR CHOICE OF ALTCOINS AND TRADE AS A COMMUNITY! PRE-ICO START ON MAY 1, 2018!!!

http://image.ibb.co/nC8tcx/logo.png

▓ ▒ ▒ WWW.FIRETOKEN.IO ▒ ▒ ▓

A COMMUNITY MANAGED FINANCIAL SYSTEM

              🔥Join the FireToken Revolution and be part of a democratic collective who earns passive daily income. A collective who shares, votes and participates on market movement together.🔥

*Truly decentralized investment community

*Vote on the investment choices with FirePower

*Follow our community-chosen trade signals and profit

*Earn non-contractual staking reward of up to 9% weekly

https://cdn-images-1.medium.com/max/800/1*ZBo9Gb74dzrfOPO6u_fcRg.png

_______________________________________________________________________________ _________________________________

OUR MISSION

                FireToken provides our members with an opportunity to earn token rewards through staking, or proactively vote and participate in our large volume market price-action movements. Weekly polls provide accurate market indicators, and members get access to collective-based exclusive market information.

_______________________________________________________________________________ __________________________________

DESIGN CONCEPT

http://image.ibb.co/cWfQPc/icon_1.png             We have implemented a voting system that is transparent and fair for our stakeholders to participate.



http://image.ibb.co/eRdZHx/icon_2.png             By staking FPWR tokens, members show commitment to the future of our success. We reward each member with voting powers equivalent to their staked amount. Members who have more staked tokens earn more FirePower which can be used to influence the community and grow their personal portfolio.



http://image.ibb.co/e42GVH/icon_3.png             By using our voting system, we are able to make an impact in the trading market by moving our collective capital in unison.

_______________________________________________________________________________ __________________________________

FIRETOKEN UTILITY:        FireToken (FPWR) is the token our community members use to stake and trade. Staking FireToken will reward members with FireToken and FirePower.


FIREPOWER UTILITY:       FirePower is what fuels our democratic voting system. The more FirePower a member has, the more influence he/she has in the community decision.

_______________________________________________________________________________ __________________________________

FULL DECENTRALIZATION

   Firetoken (FPWR) is based on the popular Ethereum ERC20 blockchain and can be stored, sent, and received on any ERC20 supported wallets. You may withdraw BTC and ETH at any time during ICO and after. Staking your Firetokens in our downloadable QT wallet and not on our website provides you full control of your tokens. The main purpose of our website is to communicate with our stakeholders, facilitate polls, collect and distribute poll results.

   In the event that an improvement needs to be made to our website, your tokens liquidity is not affected and rewards will still be applied. Our staking reward is embedded into the smart contract codes and it is automatically distributed into each QT wallet.

   FPWR tokens can be purchased and sold from multiple external exchanges, allowing you to trade your coins freely without restrictions.

   FireToken community will never lock or restrict your funds.

http://image.ibb.co/nC8tcx/logo.png

_______________________________________________________________________________ __________________________________

REWARD PROGRAM

The minimum staking period is 7 days. After 7 days, the staking reward bonus will be automatically distributed into your QT wallet. Staking members can earn up to 36% monthly, plus additional FirePower that can be used for voting. The FPWR reward is calculated based on the percentage of the total staked tokens, factored by the current market price.

We believe that the profit earned from staking our tokens and the financial benefit of using our community market signals is a fair and sustainable incentive for our members. We encourage members to freely trade our tokens and take profit accordingly, as it will minimizes major volatility swings of our tokens value, add volume and create good usability for our community.

_______________________________________________________________________________ __________________________________

AFFILIATE PROGRAM

Our referral program is simple and does not contain any element of multi-level marketing (MLM).

ICO referrals bonus: 10% FireToken and 10% FirePower.

Post ICO referrals bonus: 10% FirePower.

_______________________________________________________________________________ __________________________________

CONCLUSION

   We all know that a coin's value is based on its popularity and demand. Utilizing indicators such as volume and chart prediction, combined with community's collective data and the added value of community voting, we will profit from the volatility of both bull market and bear market. For instance, we plan to have 20,000 members by the end of our ICO. If each member allocates an average of $100 in their personal trading portfolio towards a coin we collectively voted on, that will translate to roughly $2,000,000 in capital. Our community moves in unison, we will have a huge impact on the current market's trading volume of the chosen coin.

https://image.ibb.co/jXQZjc/hand.jpg
_______________________________________________________________________________ __________________________________

WHY THE ANONYMITY

We believe in protecting our members identity, and that value also applied to our core members, developers, traders and strategists. We will never share our members information to any public or private entity. We compartmentalize our operation and provide access on a need-to-know basis so no single team has access to more than what they need to support FireToken community. We believe in the future of our success and the plan we have laid out. FireToken is stage one of our global projected operation and we have anticipated many attacks from outsiders. FireToken main purpose is to collect votes, process polls and facilitate transactions among members. We also act as a fiduciary to trade, hold and distribute profits among our members. The cryptocurrency market and the rise of blockchain technology is a once-in-a -lifetime opportunity, FireToken wants to positively contribute to build the foundation and secure financial freedom for those who believe in a brighter future. Action Changes Thing.

https://static.espreso.tv/uploads/article/202205/images/im578x383-anonymus_cagou.com.jpg

FIRETOKEN SPECIFICATIONS

Symbol: FPWR
Decimal: 18
Platform: Ethereum ERC20
Reward type: Proof Of Stake
ICO supply: 8,000,000
Total supply: 18,000,000 (Pre-mined)

Etherscan.io Token address:

0x18e4fd8b11ddcb27d39993a322f83fbb5f0a893f

link: https://etherscan.io/token/0x18e4fd8b11ddcb27d39993a322f83fbb5f0a893f

http://image.ibb.co/nC8tcx/logo.png

WWW.FIRETOKEN.IO

WHITEPAPER
https://s3.amazonaws.com/firetok/FireTokenWhitePaper.pdf

_______________________________________________________________________________ __________________________________

SOCIAL MEDIA CONTACT:

Facebook
https://www.facebook.com/Fire-Token-165726044069417/

Twitter
https://twitter.com/fire_token

Telegram

Annoucement Board:
https://t.me/firetoken

Please join our Public Discussion Board on Telegram and help improving our community. With our members input, we can improve and build a better platform together.
https://t.me/firetokencommunity

Github
https://t.me/joinchat/FJUATw91MgPYjWtcTvsZow

Yes but we need regulation before more scams pops out so it's a good and bad thing but it's needed if we want to see crypto move forward

[Kryptman10]

Does the team have much experience in this project?

Did you get a chance to see their whitepaper and website? It's well thought out and they sound very experienced in what they do and how they launched.

Agreed. Very sharp and innovative team that listens to their community and will make changes via decentralized  democratic  voting

[CryptoPafi]

I think Firetoken had made a very Clever move by giving up Staking and going towards a full utility token. It will help them very much to be list d in the biggest exchange

[Kryptman10]

I think Firetoken had made a very Clever move by giving up Staking and going towards a full utility token. It will help them very much to be list d in the biggest exchange

True.I'd imagine this should put them in better position for listings

[fussyfever]

I just joined and and bought some firetoken, I can't wait until this voting system starts.

[BenjaminCrypto]

I think Firetoken had made a very Clever move by giving up Staking and going towards a full utility token. It will help them very much to be list d in the biggest exchange

You absolutely right about that!

[wcrypto3864]

Time for me to get some FireToken!

[Kryptman10]

I think Firetoken had made a very Clever move by giving up Staking and going towards a full utility token. It will help them very much to be list d in the biggest exchange

You absolutely right about that!

Haha

[projectgetmoney]

Hi everyone 😬

I think Firetoken had made a very Clever move by giving up Staking and going towards a full utility token. It will help them very much to be list d in the biggest exchange

You absolutely right about that!

Haha

[Competitiveshine]

Does the team have much experience in this project?

Did you get a chance to see their whitepaper and website? It's well thought out and they sound very experienced in what they do and how they launched.

Agreed. Very sharp and innovative team that listens to their community and will make changes via decentralized  democratic  voting

[BenjaminCrypto]

You can also find a lot information on YouTube about this great project. A lot of different YouTubers already are talking about FireToken.  Not that this is the most important thing, but i definitely say something that this project is very interesting.

https://www.youtube.com/watch?v=EcZlDhQPGac

https://www.youtube.com/watch?v=nC9qN2YK_C8

https://www.youtube.com/watch?v=r9jnH-zC6jY

[reuben3ypwilds]

You can also find a lot information on YouTube about this great project. A lot of different YouTubers already are talking about FireToken.  Not that this is the most important thing, but i definitely say something that this project is very interesting.

https://www.youtube.com/watch?v=EcZlDhQPGac

https://www.youtube.com/watch?v=nC9qN2YK_C8

https://www.youtube.com/watch?v=r9jnH-zC6jY

Very good explains videos.

[reuben3ypwilds]

Yes and the voting system is decentralized and renewable

People will vote if it get them reward, very good incentive strategy

So just to recap,

\no more staking for up to 36 percent

just stake for firepower points and get rewarded for using them.

thats a great way of incentivising people to vote.  plus, i follow some of the signals and they are winners


\firetoken should be listing on a exchange anytime soon???

Exchange listing is on schedule according to team! 😬😬😬

I will hold my foretoken;) We don't want to sell as we believe it will moon soon!!

Im here for support of the community post, exchange list please

https://scontent-sea1-1.xx.fbcdn.net/v/t1.0-9/30715177_186568441985177_5828249399238590464_n.jpg?_nc_cat=0&oh=e5643880d81287db7cc6e41b2203c027&oe=5B66BDAC

JOIN OUR COMMUNITY, STAKE FOR PROFIT, VOTE FOR YOUR CHOICE OF ALTCOINS AND TRADE AS A COMMUNITY! PRE-ICO START ON MAY 1, 2018!!!

http://image.ibb.co/nC8tcx/logo.png

▓ ▒ ▒ WWW.FIRETOKEN.IO ▒ ▒ ▓

A COMMUNITY MANAGED FINANCIAL SYSTEM

              🔥Join the FireToken Revolution and be part of a democratic collective who earns passive daily income. A collective who shares, votes and participates on market movement together.🔥

*Truly decentralized investment community

*Vote on the investment choices with FirePower

*Follow our community-chosen trade signals and profit

*Earn non-contractual staking reward of up to 9% weekly

https://cdn-images-1.medium.com/max/800/1*ZBo9Gb74dzrfOPO6u_fcRg.png

_______________________________________________________________________________ _________________________________

OUR MISSION

                FireToken provides our members with an opportunity to earn token rewards through staking, or proactively vote and participate in our large volume market price-action movements. Weekly polls provide accurate market indicators, and members get access to collective-based exclusive market information.

_______________________________________________________________________________ __________________________________

DESIGN CONCEPT

http://image.ibb.co/cWfQPc/icon_1.png             We have implemented a voting system that is transparent and fair for our stakeholders to participate.



http://image.ibb.co/eRdZHx/icon_2.png             By staking FPWR tokens, members show commitment to the future of our success. We reward each member with voting powers equivalent to their staked amount. Members who have more staked tokens earn more FirePower which can be used to influence the community and grow their personal portfolio.



http://image.ibb.co/e42GVH/icon_3.png             By using our voting system, we are able to make an impact in the trading market by moving our collective capital in unison.

_______________________________________________________________________________ __________________________________

FIRETOKEN UTILITY:        FireToken (FPWR) is the token our community members use to stake and trade. Staking FireToken will reward members with FireToken and FirePower.


FIREPOWER UTILITY:       FirePower is what fuels our democratic voting system. The more FirePower a member has, the more influence he/she has in the community decision.

_______________________________________________________________________________ __________________________________

FULL DECENTRALIZATION

   Firetoken (FPWR) is based on the popular Ethereum ERC20 blockchain and can be stored, sent, and received on any ERC20 supported wallets. You may withdraw BTC and ETH at any time during ICO and after. Staking your Firetokens in our downloadable QT wallet and not on our website provides you full control of your tokens. The main purpose of our website is to communicate with our stakeholders, facilitate polls, collect and distribute poll results.

   In the event that an improvement needs to be made to our website, your tokens liquidity is not affected and rewards will still be applied. Our staking reward is embedded into the smart contract codes and it is automatically distributed into each QT wallet.

   FPWR tokens can be purchased and sold from multiple external exchanges, allowing you to trade your coins freely without restrictions.

   FireToken community will never lock or restrict your funds.

http://image.ibb.co/nC8tcx/logo.png

_______________________________________________________________________________ __________________________________

REWARD PROGRAM

The minimum staking period is 7 days. After 7 days, the staking reward bonus will be automatically distributed into your QT wallet. Staking members can earn up to 36% monthly, plus additional FirePower that can be used for voting. The FPWR reward is calculated based on the percentage of the total staked tokens, factored by the current market price.

We believe that the profit earned from staking our tokens and the financial benefit of using our community market signals is a fair and sustainable incentive for our members. We encourage members to freely trade our tokens and take profit accordingly, as it will minimizes major volatility swings of our tokens value, add volume and create good usability for our community.

_______________________________________________________________________________ __________________________________

AFFILIATE PROGRAM

Our referral program is simple and does not contain any element of multi-level marketing (MLM).

ICO referrals bonus: 10% FireToken and 10% FirePower.

Post ICO referrals bonus: 10% FirePower.

_______________________________________________________________________________ __________________________________

CONCLUSION

   We all know that a coin's value is based on its popularity and demand. Utilizing indicators such as volume and chart prediction, combined with community's collective data and the added value of community voting, we will profit from the volatility of both bull market and bear market. For instance, we plan to have 20,000 members by the end of our ICO. If each member allocates an average of $100 in their personal trading portfolio towards a coin we collectively voted on, that will translate to roughly $2,000,000 in capital. Our community moves in unison, we will have a huge impact on the current market's trading volume of the chosen coin.

https://image.ibb.co/jXQZjc/hand.jpg
_______________________________________________________________________________ __________________________________

WHY THE ANONYMITY

We believe in protecting our members identity, and that value also applied to our core members, developers, traders and strategists. We will never share our members information to any public or private entity. We compartmentalize our operation and provide access on a need-to-know basis so no single team has access to more than what they need to support FireToken community. We believe in the future of our success and the plan we have laid out. FireToken is stage one of our global projected operation and we have anticipated many attacks from outsiders. FireToken main purpose is to collect votes, process polls and facilitate transactions among members. We also act as a fiduciary to trade, hold and distribute profits among our members. The cryptocurrency market and the rise of blockchain technology is a once-in-a -lifetime opportunity, FireToken wants to positively contribute to build the foundation and secure financial freedom for those who believe in a brighter future. Action Changes Thing.

https://static.espreso.tv/uploads/article/202205/images/im578x383-anonymus_cagou.com.jpg

FIRETOKEN SPECIFICATIONS

Symbol: FPWR
Decimal: 18
Platform: Ethereum ERC20
Reward type: Proof Of Stake
ICO supply: 8,000,000
Total supply: 18,000,000 (Pre-mined)

Etherscan.io Token address:

0x18e4fd8b11ddcb27d39993a322f83fbb5f0a893f

link: https://etherscan.io/token/0x18e4fd8b11ddcb27d39993a322f83fbb5f0a893f

http://image.ibb.co/nC8tcx/logo.png

WWW.FIRETOKEN.IO

WHITEPAPER
https://s3.amazonaws.com/firetok/FireTokenWhitePaper.pdf

_______________________________________________________________________________ __________________________________

SOCIAL MEDIA CONTACT:

Facebook
https://www.facebook.com/Fire-Token-165726044069417/

Twitter
https://twitter.com/fire_token

Telegram

Annoucement Board:
https://t.me/firetoken

Please join our Public Discussion Board on Telegram and help improving our community. With our members input, we can improve and build a better platform together.
https://t.me/firetokencommunity

Github
https://t.me/joinchat/FJUATw91MgPYjWtcTvsZow

you guys should make more events, you know! People love the free stuff, tokens! hold more airdrops, giveaways, I bet there will be more people coming to you! Trust me!

makes me wish I bought some during ICO.


anyone wanna sell?

Im a buyer.

DM me

[reuben3ypwilds]

Alot of good explaination here on the new change. Staking get firepower, vote firepower and get firetoken. I’m excited for listing and privacy function.

Alot of information is on page 14.

But listing should be coming soon.  Yobit is gonna turn my one million FPWR to over 2 million!!!!

We will adjust our site content soon and remove the staking program description. The new description will be regarding our Vote Incentive Program as following:


INCENTIVIZED VOTING PROGRAM



Voting points is credited after 7 Days of staking



STAKING PLAYS A VITAL ROLE IN FIRETOKENS COMMUNITY VOTING SYSTEM. WHEN MEMBERS STAKE THEIR TOKENS, THEY WILL AUTOMATICALLY EARN RENEWABLE POINTS CALLED “FIREPOWER”. “FIREPOWER” POINTS CAN  BE USED TO VOTE ON OUR WEEKLY INVESTMENT POLLS. THE PROFIT FROM THOSE INVESTMENTS WILL BE USED TO IMPROVE OUR COMMUNITY FUNCTIONS AND PROMOTE OUR GROWTH. TO ENCOURAGE PARTICIPATION, VOTING MEMBERS WILL BE REWARDED WEEKLY. THE REWARD AMOUNT WILL BE BASED ON THE AMOUNT OF FIREPOWER POINTS THEY USED ON THE PREVIOUS VOTE, AND THE PERFORMANCE OF THAT VOTE. OUR INVESTMENT CHOICES ARE VOTED ON, NO BOTS, NO SECRET ALGORITHMS, JUST REAL PEOPLE IN OUR COMMUNITY.



FIRETOKEN (FPWR) CAN BE STAKED IN ANY ETHEREUM ERC20 WALLET. MEMBERS WILL BE ABLE TO WITHDRAW THEIR STAKED AMOUNT ANYTIME, BUT REWARD BONUS WILL ONLY BE APPLIED AFTER 7 DAYS. OUR REWARD SYSTEM IS WRITTEN INTO OUR SMART CONTRACT AND WILL AUTOMATICALLY CREDIT OUR STAKEHOLDERS FOR THEIR STAKED FUND.



BY STAKING FIRETOKEN, MEMBERS WILL RECEIVE THE EQUIVALENT AMOUNT IN FIREPOWER POINTS. FIREPOWER POINTS CAN BE USE TO VOTE ON THE WEEKLY POLLS, ON BUY/SELL LIVE TRADING VOTES, OR USE THEM AS CREDITS IN OUR ARCADE AND TRY TO WIN EVEN MORE FIREPOWER.



Disclaimer: The voting reward amount is based on weekly community portfolio performance, and not to be considered as a promise of payout. The reward is designed to encourage voting and participation of FireToken members.

[caelan3zkramer]

So many services for members to use but all relate to trading. I can use the same token for different purposes!!!

This should be on the website instead 

Our main product is our members and partners. We see blockchain not as 1.0, 2.0, 3.0... But rather a network of innovative nodes and applications.

We believe that by working together, adding different existing functions and create a friendly, trustless, decentralized economy, we can improve the existing system. It's the next step of our global evolution.

Our current line of products allow our members to do the following:


1- Renewable blockchain voting.


2- Community consensus weekly trading signals.


3- Generous voting incentive, we pay our members to vote. The data we collected are not to be sold to a private party for profit. We share the data we collected with our members, as well as the profit we gain from those voluntarily submitted data.


4- Live Trading session. We created a way for traders to communicate and come to a up-to-the-minute group consensus on trading. This democratic process filter out all the noises and simplify it down to two choices: BUY or SELL.


5- Trading bot. The enhanced trading tech are catered to our professional trading members. We also have copytrade function for those who would like to link their accounts to our main community account. This process create the first decentralized hedge fund style trading community.


6- Social media optimization services. We provide unique marketing enhancements for those with community influence, so that they can help mainstream blockchain education.


7- Market discussion. We aim to create a safe, non intimidated trading discussion where all questions are well received and beginners can ask questions regarding investment. Seasoned members can also discuss in professional and civil manners regarding their strategies.


8- Privacy network. Our unique privacy development allows our privacy oriented members to transact freely and anonymously. The right of privacy is yours to keep, as it should be.

This is ICO has a lot of features that people need to fully look at as it's great for the newbie in Altcoins.

Yeah, they got a lot of products they offer. I'm still trying to understand it all. What's their main product?

[deitraagentu0]

Live trading is enabled before, how are the coin chosen to get trade? Is it based on the weekly choices? So it’s similar to weekly vote but now it’s live and every minute?

Yes, we are prioritizing our exchange listing at the moment, by making all necessary changes. Once we are listed, signals and live trading will resume as normal.

Is firetoken still going to do live trading?

You may visit our website at https://www.firetoken.io to learn more about trading and investing with our community. We have many useful articles that will help you understand more about trading.




Hello FireToken members,



In this article we will go over how volume can affect prices on the exchange and understand the reason how a price change is triggered.



We will assume that all members are somewhat complacent in how to set up buy and sell orders, as we are joining FireToken for the purpose of profiting from #cryptocurrency trading.



When a trader decided on a coin or token to purchase or sell, he/she will set up a price target to buy in or sell out. Many traders utilize bot to automatically set the margin in which they will take profit or stoploss their order. The percentage is based on personal preference and can range anywhere from 15% to up to 45% depends on the market condition of that pair.



Because most traders use a combination of market tools and patterns to see the most common level of support and resistant, the targets can be predicted quite easily. When the price hit or surpass those target levels, we can expect an influx of orders on the exchange. This creates a snowball effect in which the price will move dramatically in the CURRENT direction for a very SHORT time window. Very soon they will reach a condition most known as Overbought or Oversold. When such conditions are met, the short trend will be reversed in order for the market to balance itself out.



FireToken group consensus system allows our members to utilize our volume to reach these price targets with the intention to trigger the snowball effect. When we buy or sell a large quantity together, we temporarily create an imbalance of supply versus demand. This will cause the price to move in the direction we want and trigger automatic orders previously set by traders who are not on the market. ALL members are advised to predetermined your profit margin prior to setting your Buy/Sell orders and set these margins at the same time of putting in your orders. The profit window is short and price will change rapidly.



Because we are trading cryptocurrency, it is very important to note that most upward movements will have to stop at some point to retrace but the opposite may not be the same. In cryptocurrency, because there are so many useless tokens with the main purpose of creating quick profit, what goes down may stay down forever. That is why it is EXTREMELY IMPORTANT to pay attention to the market, set stoploss for cryptocurrency trading and only trade coins with sufficient volume.



To recap, we should now understand the following

1. Volume causes major price change due to supply and demand

2. Large orders can trigger previously set price targets from other traders in both bull AND bear market and create a snowball effect for the price to move in the SAME direction for a SHORT time before reversing.

3. All major market movements are rapid and only temporary. So the practice of pre-determined profit and stoploss is vital to a trader success.

4. Don't trade shit coins. Just like gravity, what goes up must come down but what goes down may stay down.



We hope to provide our members with valuable information so that you can get a better understanding of the trading market and success. Our members success directly translate to our community success. Big institutions are getting ready to openly trade cryptocurrency. This is a positive thing, because cryptocurrency profit is now being recognized. Join us now and utilize our strength in numbers, contribute your knowledge to our community so that we can all understand your view of the market and we can all profit together. These are exciting time in the market as profit will drive innovation, and innovation will improve the world. We can all benefit from blockchain adaptation.