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We all know Cryptocurrency market never close and never sleep too. Which can be annoying for investors and Traders.

For the crypto users its become habit, when they woke up in the morning to be greeted by a pleasant or unpleasant surprise when they check their portfolios and up-downs in the crypto market.

As a result of the haphazard of the market, the trading bots have become increasingly popular among the traders by allowing the trading bots to control their trading all the time. These bots make stressful to the users, in additionally correctly specified bot trades the more efficiently than the trader would be done manually.

The viral popularity of crypto trading bots in the cryptocurrency market as the resulting number of trading bots available right now! Either for free open source platforms or licensed to users in exchanges for fees. However, it could be difficult to find which of them work fine and which of them are an absolute waste of time.

By considering the fact of trading bots, I am going to explain to you what exactly trading bots are? And also it considers some of the best trading bots in the current market.

What are the Trading bots?

Basically, A treading bot is a software programme uses the various indicators to recognize the market trends and automatically execute trades (places buy and sell orders on behalf of you).

These bots take the decisions by monitoring the market price movements and reacting according to the pre-programmable rules.

How does Trading bots work?

Trading bots work by reacting to the market. It collects the data its needs in order to execute a trade based on analysis of the trading platform.

In regard to a strategy of trading, many works by exponential moving average (EMA) as a starting point. EMAs track markets over a set of time and bots are programming to react to that price’s change or act further when the price behaves in a certain way such as moving beyond certain thresholds.Other bots work on the basis of a tweaked EMA approach, for example, using DEMA [double exponential moving average] or TEMA [triple exponential moving average]. These can respond faster than EMA-based bots.Other bots use relative strength indicators and regression analysis methods especially useful for unstable markets.

Here I have listed some best and popular crypto trading bots.

Hassbot

As my experience, it is one of the most popular trading bot available in the market today. Furthermore, Hassbot supports the long list of major cryptocurrency exchanges and completely customizable in terms of when it should execute the trade. 

This bot provides a thin stick line chat pattern recognization with several other trading signals to improve the more advanced crypto trading strategies.

3commas:

3Commas is a popular trading bot which works with a number of top exchanges such as a Bitsamp, GDAX, Cryptopia, Huobi, Bittrex and YOBIT. The bot works 24/7 with all devices. 

Cryptohopper:

Chopper is could base 24/7 cryptocurrency bot. It means bot will trade even if they are turned off PC or phone and it features embedded with external signals also able to trade using the multiple exchanges. 

In the first-month trading is free, After the month subscription packages from $19 to $99 per month.

Gekko:

Gekko is a free bitcoin open source platform based on GitHub. Its Really good trading bot for those who news to the cryptocurrency market and who wish to analysis the different automated trading strategy.  

Gunbot:

This bot has very user-friendly features with a wide range of settings and specifications has been designed for both the beginners and advanced traders. It is also embedded with major cryptocurrency exchanges.

Conclusion:

Yes, Offcourse! Trading bots are helping the traders in busy schedules, they are unable to interact with the market and do the tradings when the market volume is high. But its software can be difficult for inexperienced traders to understand and bot trading is not necessary for everyone. Furthermore, there are lots of trading bots available in the market just be careful because some of them may not be legitimate.

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A popular misconception about the blockchain space is that it’s only about technology. I couldn’t disagree more. These systems start and end with humans. In the crypto ecosystem, we understand that, but our challenge is to make others who aren’t in this space recognize that this is far more than algorithms and cryptography.

Early on, we recognized that we needed to get a place at the table with government regulators, because otherwise we’d be on the outside looking in. We had to be part of that conversation to help educate them, because they have the power to stifle innovation and regulate us out of existence.

Thankfully, from what I’ve seen working closely with governments like Bermuda, Mauritius, Australia and groups like the G7, G20 and OECD – this is not what they’re aiming to do. It is quite the opposite. Here’s how governments are looking at blockchain and what the future will likely bring.

Data & Balance

No entity is more hyper-focused on how data is handled than a government body. The primary purpose of a government is to serve its people, and that’s why they create laws and regulations to enforce the handling, collection, and storage of data. But that process is imperfect.

Recent internet missteps have shown this. Take Cambridge Analytica or Facebook and government interaction as examples. This is why we’re building a data ecosystem for access, validation, and sharing, all the while looking to establish new privacy and security standards.

Our intent is to change the world for the better. We’re tackling that task by bridging the traditional world of governments and regulators with the emerging technology of the blockchain ecosystem. Data is the first step in this process.

Understanding Government Motivation

In the early days there were no regulations governing cryptocurrencies and blockchain-based solutions – and believe it or not, those were tough times because companies in our space had to navigate a minefield where governments tried to keep us in check with rules and regulations that weren’t necessarily applicable to our industry.

Today, there are still difficulties, but now that regulations are forming, the difficulties are different. So in order to ensure that the regulators would get it right, a few us (the grassroots players) fought to have a place at the table with the traditional world on behalf of our ecosystem.

Much to our delight, governments welcomed our input with open arms; but we didn’t expect it when countries admitted that they didn’t fully understand blockchain or the opportunities it presented. Even more encouraging, they expressed an eagerness to learn about it.

For the better part of this year we’ve been working with the G20 and its Financial Stability Board to ensure that conversations are focused on education and the principles of crypto and the blockchain ecosystem, and that they’re not subject to assumptions – because if we rely on assumptions, companies in our space won’t be here in five years and the innovations that can be built won’t see the light of day.

Massive Strides Forward

The OECD (Organisation for Economic Co-operation and Development) has built a legislative framework that’s being adopted by countries around the world. They recently held the OECD Blockchain Policy Forum with the intent of discussing blockchain and how it will impact our society, our economy, and our lives.

The OECD influences inter-nation financial operations and blacklists offending countries, even recommending sanctions – so it’s no surprise that governments want to ensure that new and emerging technologies aren’t being abused at the expense of their citizens. Every country has concerns that it will be the source of abuse and lose the ability to do business in the future. No one wants to be that weak link. That’s why governments are so keen to understand and embrace blockchain.

I expect that 13-15 countries will pass nearly universal legislation by the end of 2019; legislation that will provide clarity and define how we move forward in integrating blockchain technologies with the traditional world. In fact, we’re working with several forward-thinking countries on solutions. We’re working with the Government of Mauritius, which will be using our network to provide better privacy and data services for companies entering the country, and we hope that the initiative will expand into wider use cases, not only for Mauritius but also across jurisdictions.

In Bermuda, we’ve been working on an identity system with the government in coordination with financial institutions, telecommunications providers, central registries of the government of Bermuda, and the Bermudan Department of National Security. In 2019 the first pilot of that system will be deployed for the whole country, and eventually expand into crypto companies landing in Bermuda.

We’ve also been working with the government of South Australia and recently announced a partnership between the government there and Data61 – a unit of the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the group that invented Wi-Fi. We’ll be working with them to help coordinate both identity and data services in their state and across jurisdictions.

All this positive activity is infectious. Governments don’t want to be on the receiving end of blacklists or economic sanctions; but even better, we’re seeing a deep interest in leadership – the need to be first past the post. This tells us that we’re on the right track. The 13-15 countries passing universal legislation? That should send a definitive message and unleash a snowball of global proportions as countries recognize the reality of the blockchain ecosystem: adopt or become marginalized.

Author: Joseph Weinberg is the CEO and Co-Founder, Paycase Financial Corp and Chairman of Shyft Network International. Passionate about advancing mass-adoption of crypto and blockchain, Joseph also acts as an OECD Advisor (the International Organization for Economic Cooperation and Development).

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Right after you’ve purchased a tidy amount of crypto currencies and tokens, protecting your virtual investment should be your number one  priority.

First off, verification and recording of all transactions are distributed into various computers in a block chain. This block chain system is impossible to edit once it has been verified and confirmed.

That being said, the government has no part in maintaining or storing cryptos which means that the responsibility of securing your access keys, email, phone, and computers is entirely up to you. With that in mind, here are 5 steps necessary to secure your investment.

Strategy

With the crypto boom still going on, it is natural to jump into the crypto bandwagon for fear of being left behind. But, buying coins for no other reason except that it’s a good idea is not likely to work in the long run.

Educate yourself before jumping into the crypto markets media hype or buying into startups that exaggerate returns claims. The right information will shed light on what you stand to lose or gain from a trade and the risk involved.

On the other hand, mining Bitcoin, Ethereum or other altcoins has next to nil returns because of the huge computing power required making individual ventures unrealistic.

Password

Long passwords have been known to be harder to guess than short ones; ideally, your password should be 20 characters or more, with a mixture of misspelled letters and capitals e.g. “Pas$worD”

Encrypt the folder or text file that contains your access key. Alternatively, store your password in a secure password-manager that will always make it available whenever you need it. You can use a password manager (free and open source).

Exchanges

Hot online wallets may work on small transfers between addresses but, storing your entire balance in one service makes it susceptible to fraud and hacking attempts. The solution is to use  hardware wallets referred to as ‘cold storage’ for each transaction. In addition, engage only established exchanges and avoid startups that promise lower fees to attract clients.

Public Wifi

Publicly available wifi’s in coffee shops, hotels and stores are literally hackers’ paradise because they allow easy interception of private online data.  Therefore, whenever you use public wifi employ a virtual private network (VPN) that prevents interception; hide’s your location, identity and IP address allowing you a higher degree of safety from hackers. You can see here the most typical scams.

Social media

As soon as you make it public in your social media feeds that you trade in crypto’s, you have become a target for hackers.  With this in mind, use an email that has never been publicly shared or associated with you for all your virtual currency transitions.

With the above precautions in hand, don’t allow someone else to hold your crypto or continue living in fear of losing your precious coin investment, secure it and stay safe.

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Home improvement industry is expecting to hit new highs with the passage of time, and involving Cryptocurrencies to increase the worth of industry. Though cryptocurrencies already have a sizeable global footprint and faced some tough time in finding real-world value today many businesses are evolving by launching their own new cryptocurrency- just like Houzz. The company has just launched their Houzzcoinzz which are designed exclusively for their potential users. But the point is how it is beneficial for their clients, and whether it’s a good initiative for new companies in the US like Renovaten, Next step living or Renoviso etc.

How new cryptocurrency benefit users?

One of the major benefits of launching this new cryptocurrency is, the users can simply buy more than 10 million products from the company, as this is a proprietary digital currency which is specifically developed for the home renovation and design purposes. Furthermore, all the purchases would be extremely secure in the company’s blockchain and can protect the shopping history of clients, as well as their current carts, will be safe from hacking. These coins currency will remain instantly available in the digital wallet of the clients.

Cryptocurrency- a breakthrough for entrepreneurs

Cryptocurrency has simply revolutionized the way business owners transact value, invest their savings and raise capital. The blockchain technology simply offers highly impactful infrastructure for businesses to run their setups and build an entirely new business strategy in some highly trusted way without involving any centralized authority. Furthermore, it offers a more reliable opportunity to connect with the world’s famous entrepreneurs.

Cryptocurrency is further providing the best platform for all the entrepreneurs out there who want to increase their revenue quickly, efficiently and reasonably. They can transact value through this highly advantageous blockchain technology at much high speed with very limited setup costs, and invest in high profile technology businesses in their startup phase. That’s the biggest reason; every home improvement startup should consider launching their own coins which can give them quick recognition in the entrepreneurial world. This is actually a good initiative which can motivate the startup companies like Renovaten to achieve more success in the short time period. Hence they can also win the confidence and trust of their customers in a more authorized manner.

According to the latest research performed by CEO of Renovaten, the home remodeling expenses are expected to increase in the next coming years and may break the record of ten years. The current expenses have already hit $304 billion this year and may rise according to the latest trends. That’s why most of the startups are now continued to build their brands by following this technique that can offer them a viable means to create the highest value in the world.

So, what do you think about this innovative method to get quick recognition in the home improvement industry? Are you ready to adopt this evolution for your startup?

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Crytocurrency entered human consciousness only in the past few years and yet has grown phenomenally due to its revolutionary nature, being a currency tool that is practically unregulated by any formal financial institution other than the “underground” purveyors of the currency who resided online in the virtual world.

In short, it introduced a convenient way to hold money, save money and spend money that was invisible but was as efficient as real fiat money itself. It was a radical idea that was quite liberating for the individual. And the fact that it was a growing phenomenon at the very outset brought many to dip their fingers into the sumptuous pie.

It did not take long before the financial regulatory agencies sought to look into this new tool. Recent reports related to cryptocurrency highlighting its supposed failures and abuses, has not prevented many to put their money into this new currency mode. We can practically say with enough confidence that cryptocurrency, just like the gold coin in the ancient world of barter trading, is here to stay.

Considering the nature of cryptocurrency being what it is, making use of it to one’s best advantage requires having easy access to it in the same way that the Automatic Teller Machine (ATM) did to savings banking for the ordinary consumer. Cardonio brought it a step further for people who use foreign currency around the world by coming out with an efficient payment card for those who hold Ether, Bitcoin and other Cryptocurrency accounts.

This solution targets people within the Cryptocurrency community and allows them “to secure instant lines of credit using nothing more than their existing Crypto holdings as security”. This gives immense power to a person, as if he or she virtually owns the world’s banking systems, giving one “complete liquidity of their Cryptocurrency assets, because if the price of their Crypto increases during the 90-day period, they receive the benefits of all upside gains”.

Moreover, every customer can choose whatever percentage they set their “stop loss limits up to a maximum of 35%, meaning even in the event the value of their crypto holdings drops, they are protected at the level they chose”. This assurance gives the individual the confidence that Cardonio stands behind every individual transaction entered into at any location in the world at any time.

One great benefit derived from using a Cardonio Card is that any time a purchase is made, for example, for $10,000 which, let us just say, is worth 1BTC, when the due date comes for paying for that transaction after 90 days, the BTC price might go above $12,000. We can easily see that a savings of more than of 20% has been gained. This leveraging on the potential growth of cryptocurrency may not appear so different from existing currency or price inflation which is but an opposite effect; however, it builds on the innovative idea that cryptocurrency acts in a generally positive curve, whereas conventional currencies act on a generally negative curve. It is no different from the practice of medicine which tries to address symptoms while the new paradigm in wellness and new health protocols depends on nutrition and positive living – in short, positive growth vs. loss of value.

The guardians of conventional currencies may not be so pleased with what is happening. But now, any person can have a better choice through what Cardonio offers.

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If you have been actively involved in the fintech space recently, you must have heard of the statement “If you invest in a few ICOs, you will be a millionaire in no time!” Have you been moved away with this advice lately?

Has this created the urge in you to take up the advice and go forward with making an investment in an ICO? Well, our experts suggest you should slow down, analyze, research, and only then make an investment in any ICO offering.

On the higher level, the ICO (Initial Coin Offering) is a specialized fundraising technique in which the new projects try to sell the underlying crypto tokens in exchange for obtaining an early investment or capital. Usually compared to the other famous mainstream as IPO (Initial Public Offering), the ICOs are known to democratize the overall fundraising process. It, thus, serves to be a major crowdfunding tool in the current global business scenario. While it turns out to be a relatively new phenomenon in the global business scenario, the token sales through the ICO mechanism are rapidly gaining impetus –aimed at empowering the global groups of investors towards funding the upcoming generation of newbie companies & organizations.

One of the biggest issues with ICO is that as the process gains immense public attention, most of it tends to be unregulated. There are several fraudulent parties and entrepreneurs involved who aim at exploiting the system and the companies looking for funds. As a rule, companies raise funds for their wallets and use exchange platforms to convert them into fiat money. It is almost impossible to track the movement of funds into the blockchain network.

When you are considering investing in ICO, here are some red flags to watch out for:

  1. The Landing Page: The first glance at the landing page of the given ICO service can say it all. You must analyze the kind of information available on the site’s landing page that can reveal a lot about the overall credibility & authenticity of the particular ICO service. If you come across a detailed description of the given company along with the ongoing projects, vision, about us section, and other vital parameters, then these are the aspects that should catch your attention.

If you observe that the landing page of the service provider is speaking about some token sale being supported by the phrases “grow money” or “make money,” then you should simply stop wasting your time on the site and close the tab. One of the leading examples of such an instance is that of the infamous ICO offering named Pincoin which had promised its investors around 40 percent of profits on a monthly basis before it turned out to be one of the biggest scams in the ICO history.

  1. Analyze the Product: Once you have gone through the landing page of the site, critically analyzing the product offered by the ICO service provider is your next task. The first query that you need to raise here is whether or not the given project needs Blockchain. If the particular startup in which you are investing would require Blockchain for no valid reason – not for solving any particular long-term problem or filling the gaps in the market, then the founders of the company do not have a strong idea of what they wish to achieve.

The next question that you would ask is with respect to the technical documentation of the company. Do they have the proper white paper? It is written well & structured properly? Does it have all the technology-related information? White papers of most of the infamous ICO scammers tend to simply beat around the bush by making use of complex sentences and irrelevant references.

  1. Inspect the Team: When you are inspecting the particular ICO team, you must pay attention to two vital aspects – their accounts on the social media and learning about the important people working in the team’s background. Firstly, you must look for the existence of any major social media accounts of the given team. If they do have one, look into whether or not they keep posting something about their services. An ICO team that is inaccessible on the web other than the site is a great red flag you should not ignore.

Secondly, you should take some time in learning about the important people involved in the given ICO team. If you come across one person having a track record of some scam in the past, leave the grounds right away!

 

  1. Official Media Channels: While examining the official media channels of the particular ICO, the number of followers might not be your major concern. Instead, determining how active the discussions on such channels are and what exactly the members are talking about should be your focal point. Communities having thousands of members with inactive discussions should always be a matter of concern.
  2. People’s Reviews: With the possibility to come across the reviews of such services online, you can easily look into what others have to say about the specific ICO offering. You should aim at gathering ample resources about feedbacks and reviews from people all around the world. Even one to two negative reviews about the site could be a red signal that should encourage you to continue researching for the best, reliable ICO available out there. If the idea is based on an already ready solution and the team wants to improve. This is a good sign that they can succeed. As a rule, such teams use a new approach to white label crypto software or artificial intelligence.

When you are investing your money in some ICO, here are some more signs that can help you in detecting an ICO scam:

  • Nothing about the major services, but too much talk about offering attractive ROI (Return on Investment).
  • The product offering with poor technical documentation.
  • Immensely vast, but inactive social community.
  • Absence of any core team

Whether you are a new investor or a seasoned player in the ICO market, looking out for warning signs indicating that the specific ICO is a scam can be immensely helpful for your overall image. The conclusion here is that you should not trust any ICO offering without doing proper research to filter out the choices of scam services – available in abundance out there!

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Today blockchain industry has been growing since the end of economic downturn of late 2000s and is projected to continue the steady growth for the next years, according to numerous research companies (1). It is projected that by 2020 more than a half of the industry will shift from the traditional forms (casinos and lotteries) to the mobile and online market.

Also, more and more governments around the world are either legalizing, or considering legalization of online and mobile gambling because, according to the same reports, legalization of online gambling does increase employment opportunity and benefits the government in the form of taxes. These advantages are expected to motivate governments around the globe to legalize online gambling. Thus, inevitably creating additional opportunities and ensuring the growth of online gambling industry. Right now, is the time to get into the world of virtual gambling to get a piece of $60 billion worldwide market projected for 2020.

Why is use of blockchain technology such a good fit for a lottery styled business?

Most importantly for gambling industry is that, new, blockchain technology attracts two types of people, early adopters and risk-takers. The former needs no explanation, but why risk-takers? Until around 2013 Bitcoin, as the only cryptocurrency on the market was unknown to the world. However, at the beginning of 2016 more attention is being brought to cryptocurrencies market with rising ICOs. Later in 2017 a significant number of VCs and “bares” begin to migrate into a crypto-market causing it to explode.

Lastly by the mid 2017 ordinary risk-takers start follow plethora of tokens and opportunities to get rich overnight on this or that virtual coin. More and more people began to jump in and essentially gambling on the interests of volatile market of cryptocurrencies. It is not far-fetched conclusion that blockchain community is venturesome therefor blockchain community is target audience for gambling industry. Given that there is a lack of trust to the traditional gambling, not to mention regulatory constraints, online and crypto-gambling specifically, are of the interest to such crowd. That’s why blockchain is such a good fit for raffle styled business.

What’s much more important is the transparency and fairness of the games based network like PrimeBall in the way that addresses both issues of real-life, and other crypto-raffles. House edge is much lower compared to the conventional lotteries, because there’s much less “administrative costs” involved; and it’s lower than that of previously emerged crypto lotteries.

At the same time PrimeBall using Rinkeby Test Network, and had many dozens of rounds with up to a thousand participants. We needed to make sure that site works smoothly with any number of players, and that all the features of Smart Contract are in prefect sync, and the game goes as expected while results are completely unexpected – as they should be. So now we’re very much ready to host the first round with utilizing Ethereum Main Net, and invite everyone to play our most fair, most transparent, most generous and community-oriented raffle.

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Cryptocurrency exchanges are trader’s paradise but can turn into a nightmare if the exchange is hollow from inside.

Cryptocurrencies are now acclaimed by all kinds of populaces across the globe. This accelerating recognition has opened gates to a booming number of trading platforms.

But do you know, each exchange available isn’t impeccable? You ought to be very sure before investing your hard earned money as the exchange may give your real-time shocking surprises by shutting down or showing erroneous results. Some may be less secure and some may block your withdrawal payments.

The complexity of few exchanges makes it difficult for novice traders to use. Delays in processing the transaction, KYC verification and lack of proper customer service are likely to frustrate you. The high amount of transaction fees and withdrawal fees are burning a hole in your pocket.

These are just a part of controversies on the trading platform. Traders already using the exchange platforms surely have many more points to be added. Excluding the problems, there are some expectations as well. It’s a common tradition in the IT industry that things can always be improved.

To improve the existing state of exchange platforms, express your opinions and expectations in a survey conducted by “Encrybit – The Future of Cryptocurrency Exchange”. The best of all feedbacks will be taken into consideration while developing the new age trading platform. Moreover, the top 3 participants will be remunerated with prize money up to 100 XRP.

The central goal of Encrybit’s online survey is to collect real-time problems faced on existing exchanges. This data will be used for developing an improved and safest exchange for the Cryptocurrency Enthusiasts.

The survey is to be active in mid of April 2018. Do participate as it is going to bring on the finest cryptocurrency exchange. The participants unable to acquire top 3 positions don’t need to be dejected. All the participants are entitled to receive the reward of Encrybit Airdrop once the Encrybit (ENB) ICO starts.

Because every answer submitted by each participant is important. Don’t take it as a medium to win money, keep the thought of bringing in existence world’s optimum cryptocurrency exchange by submitting your authentic and sincere observation.

Encrybit’s Profile

It’s a freshly instigated venture by Cryptocurrency researchers, consultants, and advisors. Obviously, very much excited to do something new in the field of cryptocurrency. Encrybit is about to launch an improved and secured exchange platform.

It thrives to overcome the prevailing issues and make the trading platform truly a paradise for traders and investors. The improved user interface, robust architecture, improved order book, support increasing number of transactions every day and excellent customer service to name a few features of the upcoming new age cryptocurrency exchange.

Whether an experienced trader or novice entrant, Encrybit is the best fit for you!

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How Cryptocurrency Works | NYT - YouTube

From Bitcoin to Litecoin to Ethereum, we explain how cryptocurrency transactions work.

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On the other hand, ICO also gives an opportunity to make a handful amount for those who contribute in crowd sale of ICO. Crowd sale of ICO means when ICO based company announced pre-sale about its public offering of ICO token to the public & the day come when ICO tokens are offered for sale to the people. People who buy these tokens they are actually contribute in campaign & their contributions are termed as donations.

The boom of cryptocurrency market that has touched the height over $800 dollars market capitalization make it fertile place where people suppose to earn their part according to its investment. More they invest, more they get. This is the reason that the demand of launching ICOs increasing day by day.

It is envisaged that ICOs market surged around $ 5.6 billion dollars in 2017. It means where initiator of ICOs earned millions of dollars there its investors or contributors also make instant money.

Those users who have been engaged in investing in ICO’s, they have plenty of experience to test the credibility of new launching ICO by reviewing its white paper, technology & idea working behind, the team which is duly concerned with ICO & their relevant experience to the particular industry but what about those who are NEW CONTRIBUTORS in to ICOs & they don’t have any idea how to invest & earn money.

There are three under noted ways to adopt it any person who is willing to invest into ICO can make ample amount of money even he/she does not have strong analytical skill to understand the phenomena to contribute into ICO.

1. Review social media talks:

There are plenty of forums where people who have experience of many years in investing into digital coins & ICO tokens they constantly publish their views on ICO credibility like Bitcoin talks, reddit, facebook ICO & Cryptocurrency community which is free to join.

These are helpful forums where people share their good or bad experiences about investment in to ICO as well as describe attributes about ICO token. These are very useful plate forms.

A new comer in the field of ICO can easily be understand that which ICO token would be beneficial for him /her to contribute & earn money. Even if someone has no idea, he / she may ask from other participants of the plate form by just post a question.

2. Invest into different ICOs with long term holding:

Once you determine the strength of ICOs by reviewing comments on ICOs, you would come at a conclusive point to invest into ICO that would prove lucrative asset for the user. The second step would investment phase. Select the ICO token that offer incentive likes bonus.

For instance, Some ICO initiator offer bonus to those contributors who buy some particular tokens like LiveEdu announced 25% bonus to those ICO participants who would buy at least $50 value of ICO tokens. Similarly, Storiqa also offered bonus system on ICO token sale.

Blockchain based ICO startups put a restriction of selling ICO tokens to an individual. Therefore, ICO campaign participants need to invest into different ICOs & hold it for a long time for a handsome return on initial investment.

Mostly ICO tokens are in cents or even at $ 1 but when they launch it turns into valuable worth from its initial value like Ethereum launch in cents, it rose up to $8 in 2016 & hovered around $1000 in 2017. Besides this, it has gained peak over $1300 in the month of January 2018.

Another outstanding altcoin is NEO when its ICO token were launched that were in cents in September, 2016. Now it has touched the height of $161 as on January 16, 2018. Another ICO token is ICON which launched in cents in October 2017 that has gained a tremendous increase in price over $11 & currently is being traded above $8.

Do your due diligence:

This is by birth ability that each individual has on earth. What we need to do, just utilize it using one’s mind capabilities to address an issue with own suggested solution. In this regard, first step is to review the website & white paper of any ICO in which you want to invest.

After reviewing ICO, ask yourself that the idea presented by its team is really workable in the real world? Would blockchain based ICO startup technology bring ease & flexibility in operation of any activity prior to this innovation.

For instance, some ICO companies offered computing storage capacity like Golem, Storj & Sia & brought a revolution in technology world. Some offered borrowing & lending plate form where millennials that had been ignoring to get finance facility from any traditional financial institutions due to low credit scoring. Such kind of problems duly addressed by blockchain based company like Celsius Network.

Another example is quoted here of Rex ICO token, Rex is being offered a multiple listing services in real estate world for buying & selling property with a unique way. In addition to this, Airbnb also introduced an odd concept of renting out extra space that gained much attention. These are innovative ideas that gain much attention at grass root level.

We know that those individuals who have social appearance due to their expertise, they are respected by large & people do trust on them. Similarly, when professional team who are well known figures in a society, when they launch an ICO that has worth & payback lucrative profit on invest into that ICO.

These are tested ways to make an attractive amount of money even you don’t have prior professional experience.

One last thing which is imperative to mention here that to buy an ICO token it is not enough to be registered on cryptocurrency exchanges like Bittrex, Polonies, CEX.io because one cannot get any ICO token until unless, he / she has wallet address using private keys which are under your access.

Contributor needs to exchange fiat currency with Bitcoin or Ether first then send bitcoin or ether to buy ICO tokens on their address. ICO startup send these tokens at user’s wallet address & user would have access to these tokens using private keys.

The best way to transfer ether to the address of ICO through my Ethereum wallet. User may send ether through its crypto-exchange into Ether wallet. From ether wallet address to ICO address. ICO company would send back ICO tokens to Ethereum wallet address. Similarly, where bitcoin is used to get ICO tokens, in this case, Bitcoin.info is the most suitable option that works like Ethereum wallet.

The post 3 Ways of making money on ICO’s Even If you have no Idea what you’re doing appeared first on Coin Press - The latest crypto news and information on crypto currencies.

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