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enomcoin (OP)
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October 11, 2018, 07:39:55 AM
 #1

I was searching coinmarketcap for coins that have signup link on their website. I found bytecoin and cryptonex. I signed up with them and invested small amount. Then they fall in long term. cryptonex goes down from 5 usd to 2 usd and bytecoin is playing with 0.0030 to 0.0015.

Everything is falling for couple of months. I asked cnx support team about the rate up-down and they said it depends on floating. Can anyone suggest me how the rate of these type of coins up-down? Actually I want to invest in good coins. Can anyone advice me reliable coins that has their own signup system with client area where i can purchase and store coins in my own client area in their website?
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October 11, 2018, 08:32:58 AM
 #2

Invest to bitcoin, you can buy it with almost every exchange.

Don't be surprised if most of the coins now are going down, this is very usual to the market. Fluctuation is essential and its price depends on its demand.



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October 11, 2018, 08:54:27 AM
 #3

Can anyone suggest me how the rate of these type of coins up-down?

There are several factors that affects the prices of cryptocurrency negatively and positively;

DEMAND AND SUPPLY - Shifts in cryptocurrency prices is due to the law of demand and supply changes. The price of an asset is dependent on the demand and supply of the said asset. Example, if there is high demand for a coin with low supply, the rate rises. If there is more supply than demand, the rate decreases.

MASS MEDIA/NEWS - Positive or negative reviews/analysis can also affect the rate of cryptocurrencies.





Can anyone advice me reliable coins that has their own signup system with client area where i can purchase and store coins in my own client area in their website?


some coins that I recommend are;

IOTA
STEEM
Stellar
Cardano
Tezos.



HOWEVER, UNDERSTAND YOUR OWN RESEARCH AND CONCLUSION IS WHAT MATTERS DURING INVESTING.


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October 11, 2018, 11:14:56 AM
 #4

Cryptocurrencies go up and down as per usual. You seem to be really new here, so I suggest actually doing research first before actually throwing your money in.

Can anyone advice me reliable coins that has their own signup system with client area where i can purchase and store coins in my own client area in their website?
If you're not willing to do the research, don't invest. Investing based on other people's opinions is definitely not the way to go.

Also, with your description on what you're looking for, you're pretty much describing most of the centralized shitcoins we have right now.

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October 11, 2018, 11:43:49 AM
 #5

When you bought a coin, you have to follow those coin until selling them. Binance recently announced delist few coins with BCN. It was a really bad news for the BCN. That's why you having a bad loss with BCN. The news is a very important thing with market condition.
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October 11, 2018, 12:48:27 PM
Last edit: October 11, 2018, 01:17:11 PM by ralle14
 #6

cryptonex goes down from 5 usd to 2 usd and bytecoin is playing with 0.0030 to 0.0015.
That's how volatile altcoins are, once Bitcoin goes down most of them gets affected too because all altcoins are traded with Bitcoin. This is happening for several months now after Bitcoin gains a 5-10% increase it dips down causing altcoins to suffer.

If you only bought Bitcoin instead of these altcoins you could've avoided a 50%+ loss.

I asked cnx support team about the rate up-down and they said it depends on floating. Can anyone suggest me how the rate of these type of coins up-down?
You already asked this on another thread. The quora linked by jossiel was helpful.

If you still can't understand how altcoins go up and down here's a simpler explanation.

When an altcoin goes down it means that there are more people selling than buying and vice versa(more people buying and less selling) when it goes up.


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jseverson
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October 11, 2018, 01:14:15 PM
 #7

Can anyone advice me reliable coins that has their own signup system with client area where i can purchase and store coins in my own client area in their website?

I'm curious, why are you so particular about this? Are you trying to avoid exchanges?

Either way, no one can tell you which coins you can profit from. The crypto market is exceedingly volatile and for the most part can't even be figured out by technical analysis. You can instead focus on the most reliable coin, which is Bitcoin. It doesn't have its own site, but it does have its own client (Bitcoin Core), and it's cheap at the moment with a lot of room to grow. It seems like you're just planning on HODLing, in which case Bitcoin is perfect for you.

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October 11, 2018, 03:16:47 PM
 #8

Crypto trading is not so easy task, because all crypto depends from Bitcoin prices, plus big buyer actions to buy or to sell. So may be you can just check some top crypto for some time and then decide. When altoin reach minimum buy, and when it go up, sell it.  Wink
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October 12, 2018, 04:21:36 AM
 #9

these coins you mentioned here are pump and dumps like majority of the altcoins. i haven't checked the other coin but in bytecoin case it had a pump and dump recently when they tried pumping it big but it stopped around 70% pump if i am not mistaken and started getting dumped down which is why you lost money.

if you are not familiar with this dynamic then stay away from the altcoin market.
and in my experience the coins that people suggest are the worst things that you can buy at that time.

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October 12, 2018, 06:48:45 AM
 #10

You seem to be pretty new in the crypto market. So please stay away from any altcoin. Almost all of them are pumped and dumped easily.
Try to invest in solid coins like BTC, it may go down, too, but you want so such massive price movements. Nevertheless you have to get used to floating prices if you want to play the cryptogame ;-)

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