Different categories of coins and tokens - Invest Wisely

[hemendrachauhan19]

thank you for posting this, I learned a lot for this... specially that I am a newbie..my knowledge about coins is not enough that's why i still looking forward to learn more...

you're welcome. Make sure you don't invest all at once any time in the market. Current dips are really good to start your investment, but invest only that amount which you can afford to lose. This is the first rule of investing in crypto. And keep learning

[StarofBTC]

Anonymous coins it is payment coins at the same time. Platform coins it is payments coins as well. I can say that payments coins - it is just coins without any additional features.

You are forgetting something that payment coin is really going to be a very competitive space in the long run and if you want to be investing in payment coins, you should know their biggest competitor is btc.

However, there are so many utility coins and coins that are based entirely on certain product usage which would be highly utilized in the long run, these are the coins, and I basically look at with more focus on exchange coins, considering the nature at which exchanges are going to be booming in the long run.

[guoyu78]

These information are very helpful specially to the newbies who wanted to be familiar with coins and tokens. There are thousands of altcoins out there, some have similar vision and mission but will differentiate in terms of transaction speed, transaction fee, security, partnerships and how they upgrade their platform. Before we invest, it would be better to check these also to know until when will our investment goes.

Investing wisely is basically centered on the knowledge of the investor as the case may be. What is needed most times is to be able to identify what makes a project valuable, how the coin or token is going to be perceived based on demand rather than just some speculative asset and the level at which such a market can go in the long run. In a market where there are so many shit coins, you really want to be threading carefully.

[cryptothief]

Presuming this post...

I extremely preferred the manner in which you have shared the post, particularly the division of the coins into various verticals/spaces. I do likewise trust that keeping distinctive coins in our portfolio is a more quick-witted one. Investing little by little in this market is likewise the noteworthy one. We ought to do this likewise to decrease the dangers of getting a misfortune.

...is the result of reading this post...

I really liked the way you have shared the post, specifically the division of the coins into different verticals/domains. I do also believe that keeping different coins in our portfolio is a smarter one. The idea of investing little by little in this market is also the impressive one. We should do this also to reduce the risks of getting a loss.

...and then swallowing a thesaurus to regurgitate the false praise...

[hemendrachauhan19]

Presuming this post...

I extremely preferred the manner in which you have shared the post, particularly the division of the coins into various verticals/spaces. I do likewise trust that keeping distinctive coins in our portfolio is a more quick-witted one. Investing little by little in this market is likewise the noteworthy one. We ought to do this likewise to decrease the dangers of getting a misfortune.

...is the result of reading this post...

I really liked the way you have shared the post, specifically the division of the coins into different verticals/domains. I do also believe that keeping different coins in our portfolio is a smarter one. The idea of investing little by little in this market is also the impressive one. We should do this also to reduce the risks of getting a loss.

...and then swallowing a thesaurus to regurgitate the false praise...

Yes, seems they are using some kind of rephrasing software for changing few words here and there. Either the first one is original and second one have copied it or both belongs to same user who is running multiple BCT accounts.

[ravijadon12jan]

These information are very helpful specially to the newbies who wanted to be familiar with coins and tokens. There are thousands of altcoins out there, some have similar vision and mission but will differentiate in terms of transaction speed, transaction fee, security, partnerships and how they upgrade their platform. Before we invest, it would be better to check these also to know until when will our investment goes.

Investing wisely is basically centered on the knowledge of the investor as the case may be. What is needed most times is to be able to identify what makes a project valuable, how the coin or token is going to be perceived based on demand rather than just some speculative asset and the level at which such a market can go in the long run. In a market where there are so many shit coins, you really want to be threading carefully.

Yes, ideally that should be the case but right now crypto market is not that mature, or better to say crypto investors aren't that mature to look into the projects real use cases. They are getting fascinated by the websites, some network mesh shown on there websites, promises made on there telegram groups to achieve moon in a year or so. I still feel that 75% of crypto investors are not looking into any project's longer term prospect. They just want to make fortune in a year or two.

[hemendrachauhan19]

These information are very helpful specially to the newbies who wanted to be familiar with coins and tokens. There are thousands of altcoins out there, some have similar vision and mission but will differentiate in terms of transaction speed, transaction fee, security, partnerships and how they upgrade their platform. Before we invest, it would be better to check these also to know until when will our investment goes.

Investing wisely is basically centered on the knowledge of the investor as the case may be. What is needed most times is to be able to identify what makes a project valuable, how the coin or token is going to be perceived based on demand rather than just some speculative asset and the level at which such a market can go in the long run. In a market where there are so many shit coins, you really want to be threading carefully.

Yes, ideally that should be the case but right now crypto market is not that mature, or better to say crypto investors aren't that mature to look into the projects real use cases. They are getting fascinated by the websites, some network mesh shown on there websites, promises made on there telegram groups to achieve moon in a year or so. I still feel that 75% of crypto investors are not looking into any project's longer term prospect. They just want to make fortune in a year or two.

I think the dip in 2018 was required so that the weak hands go away from this space, also those who came to just make a quick profit should leave this space as well. The crypto space should mature slowly and gradually, otherwise a simple negative news can take billions of dollars from this space in a span of few days. It'll take another couple of years for the market to become mature and real use cases will be available to general public. That's when we'll see real value of the coins/tokens.

[ravijadon12jan]

These information are very helpful specially to the newbies who wanted to be familiar with coins and tokens. There are thousands of altcoins out there, some have similar vision and mission but will differentiate in terms of transaction speed, transaction fee, security, partnerships and how they upgrade their platform. Before we invest, it would be better to check these also to know until when will our investment goes.

Investing wisely is basically centered on the knowledge of the investor as the case may be. What is needed most times is to be able to identify what makes a project valuable, how the coin or token is going to be perceived based on demand rather than just some speculative asset and the level at which such a market can go in the long run. In a market where there are so many shit coins, you really want to be threading carefully.

Yes, ideally that should be the case but right now crypto market is not that mature, or better to say crypto investors aren't that mature to look into the projects real use cases. They are getting fascinated by the websites, some network mesh shown on there websites, promises made on there telegram groups to achieve moon in a year or so. I still feel that 75% of crypto investors are not looking into any project's longer term prospect. They just want to make fortune in a year or two.

I think the dip in 2018 was required so that the weak hands go away from this space, also those who came to just make a quick profit should leave this space as well. The crypto space should mature slowly and gradually, otherwise a simple negative news can take billions of dollars from this space in a span of few days. It'll take another couple of years for the market to become mature and real use cases will be available to general public. That's when we'll see real value of the coins/tokens.

Yes but I think this dip has decreased the confidence among the long term hodlers too, for e.g. recently a transaction has been done on a 3 year old cold storage wallet, million dollars worth of BTC has been transferred from that wallet to exchange address. I think it clearly shows how it's impacting the confidence among the believers.

[ravijadon12jan]

Presuming this post...

I extremely preferred the manner in which you have shared the post, particularly the division of the coins into various verticals/spaces. I do likewise trust that keeping distinctive coins in our portfolio is a more quick-witted one. Investing little by little in this market is likewise the noteworthy one. We ought to do this likewise to decrease the dangers of getting a misfortune.

...is the result of reading this post...

I really liked the way you have shared the post, specifically the division of the coins into different verticals/domains. I do also believe that keeping different coins in our portfolio is a smarter one. The idea of investing little by little in this market is also the impressive one. We should do this also to reduce the risks of getting a loss.

...and then swallowing a thesaurus to regurgitate the false praise...

I think these kind of people should be reported as soon we find out about them. Do you know how and to whom we should report them? I'll be looking into the rules and guides for the bitcointalk for the same, hopefully I'll find it but if you can guide me that would be great

[cryptothief]

Do you know how and to whom we should report them?

It's a fairly straightforward system, at the bottom right-hand corner of every post, there is a button that says 'Report to Moderator' - see pic below. Just click it and fill in the report form. I think I already reported this particular post anyway, but there are thousands more out there.

[micle222]

Perfect coin grouping and I will appreciate that.
Bigut you diligently make threads like that and that also takes time to achieve things like that.

But I'm sure I like Etheruem because Coin is specifically for Platform.

[hemendrachauhan19]

Perfect coin grouping and I will appreciate that.
Bigut you diligently make threads like that and that also takes time to achieve things like that.

But I'm sure I like Etheruem because Coin is specifically for Platform.

I know ETH has too much potential and there developers are top notch, working every day to improve the platform. But in this bearish market, it has taken a huge blow, today it's trading under $100, more than 90% drop from it's all time high.
Let's see when they bring in the changes needed for improving the transactions per second which is currently only 14 txs per second.

[hemendrachauhan19]

Does security token only polymath? I think there are greater project aside from it as a security tokens. Also the platform tokens are growing eth, neo, ada and many more these are conprises the same content that has rising today.

There are few others security tokens (securitize, swarm, harbor, etc.) but I haven't studied them fully yet so not sure how they compete with Polymath. I'll update my main thread in 15-20 days with few more worth inclusions. Also I'm looking into the real world projects and solutions using blockchain technology such as WePower, I'll include that category too.

ETH is still the king as long as platform tokens are considered, NEO too has proven itself (in fact recently nOS has completed there beta of product on NEO and nOS seems pretty good to me), but new platform tokens are coming almost each month now, some of the worthy mentions are HPB, WAVES, IOST, SUB, ChainLink, etc. This category is getting big day by day, and I am thinking of reviewing some of them as per my capacity and put it altogether in a new thread.

[Nikolas_the_Wonderworker]

An interesting topic for knowledge and discussion. Very good information with an explanation. Here at the Forum you need to create a special section for learning the basics of cryptography and blockchain. For all the coins are of interest to the future.

[hemendrachauhan19]

An interesting topic for knowledge and discussion. Very good information with an explanation. Here at the Forum you need to create a special section for learning the basics of cryptography and blockchain. For all the coins are of interest to the future.

Yes I think so too, more the knowledge more will be the adoption going ahead. In this bear market it's better to learn about blockchain and gain more knowledge about it. I'll see if I can start a series of articles explaining basics of blockchain and cryptocurrency. There's too much fear around crypto being a bubble, only knowledgeable hands can believe in the crypto and will stay with it for longer term. I believe that's the only way of increasing the adoption of crypto to all.