Practical tips on cryptocurrency trading

For some time now, I have been closely monitoring the work of cryptocurrencies to feel where the market is heading. The routine taught by my elementary school teacher – where you wake up, pray, brush your teeth and have breakfast, moves a little to wake up, pray, and then get online (starting with coinmarketcap), just to know which crypto- assets are red.

The start of 2018 was not great for altcoins and relative assets. Their work has been crippled by the frequent opinions of bankers that the crypto-bubble is about to burst. However, avid cryptocurrency followers are still “trading” and, truth be told, they are reaping.

Recently, bitcoin returned to nearly $ 5,000; Bitcoin Cash has approached $ 500, while Ethereum has found peace at $ 300. Virtually every coin came under attack from beginners who were still in the excitement stage. As of the time of writing, bitcoin is back in the stage and is selling for $ 8,900. Many other cryptophones have doubled since the uptrend began, and the market capitalization is $ 400 billion from the recent crest of $ 250 billion.

If you are slowly warming up to cryptocurrencies and want to become a successful trader, the tips below will help you.

Practical tips on how to trade cryptocurrencies

• Start modestly

You have heard that cryptocurrency prices are rising rapidly. You have also probably received the news that this upward trend may not last long. Some parasites, mostly respected bankers and economists, usually call them schemes of rapid enrichment without a stable basis.

Such news can make you rush to invest and not apply moderation. A small analysis of market trends and currencies in which you can invest can guarantee you a good return. Whatever you do, don’t invest all that hard-earned money in these assets.

• Understand how exchanges work

I recently saw a friend of mine posted on Facebook a feed about one of his friends who continued to trade the stock market, he had zero ideas about how it works. This is a dangerous step. Always inspect the site you are going to use, before registering or at least before you start trading. If they provide a bogus account that you can play with, take the opportunity to find out what the dashboard looks like.

• Don’t insist on trading at all

There are over 1,400 cryptocurrencies to trade, but it is impossible to deal with all of them. Spreading your portfolio to a huge number of crypts than you can effectively manage minimizes your profits. Just pick a few of them, read more about them and how to get their trading signals.

• Stay sober

Cryptocurrencies are volatile. This is their ugliness and well-being. As a trader, you need to understand that wild price fluctuations are unavoidable. Uncertainty when to take a step makes an inefficient trader. Use solid data and other research methods to be sure when making a deal.

Successful traders belong to various online forums where discussions about cryptocurrencies regarding market trends and signals are discussed. Sure, your knowledge may be enough, but you need to rely on other traders to get more relevant data.

• Significantly diversify

Virtually everyone will tell you to expand your portfolio, but no one will remind you to deal with currencies used in the real world. There are a few bad coins you can handle to get quick money, but the best crypts to deal with are the ones that solve existing problems. Coins used in the real world tend to be less volatile.

Don’t diversify too sooner or later. And before you take the step of buying any crypto-asset, make sure you know its market capitalization, price changes and daily trading volumes. Maintaining a healthy portfolio is a way to get the most out of these digital assets.

Cryptocurrency mining

Cryptocurrency mining is an endless game in this digital world. Bitcoin, the first decentralized currency introduced in early 2000. Cryptocurrency mining is a complex procedure of checking transactions and adding them to the public ledger (blockchain). This book of past transactions is called a blockchain because it is a chain of blocks. The blockchain serves to confirm transactions in the rest of the network that have occurred. The blockchain is also responsible for issuing new bitcoins. Each of the many cryptocurrencies available depends on the basic idea of ​​the blockchain.

The mining process

The cryptocurrency had to be decentralized, secure and unchanging. Thus, each transaction is encrypted. Once this scrambled transaction takes place, it is added to what many call a “block” until a settled number of transactions is recorded. This block is at this point added to a chain – a blockchain – that is accessible to everyone. While mining cryptocurrencies of either Bitcoin, Dash, Litecoin, Zcash, Ethereum and more, Miner must collect recent transactions into blocks and hack a complex computational puzzle. There are several bitcoin mining sites on the Internet. It has become a very popular way to make money.

Cryptocurrency is cryptocurrency, which means that it uses special encryption that allows you to control the generation of coins and confirm the transaction. The unit is quite useless in its current form. However, after applying the algorithm to a specific block. By coincidence, Miner gets a couple of bitcoins. To earn bitcoin through mining, a miner must be technical. Bitcoin mining for profit is very competitive. The value of bitcoin makes it difficult to realize monetary benefits without speculating on the price. Payment is based on how much their hardware has contributed to solving this puzzle. Miners check transactions, make sure they are not fake, and maintain the infrastructure.

The best coins for mining

Bitcoin is an obscene solution for novice miners who do small scale. Current speculation and maintenance costs, as well as the big scientific problem of the procedure just don’t make it productive for equipment at the buyer level. Currently, bitcoin mining is maintained for large-scale activities. On the other hand, Litecoins, Dogecoins, and Feathercoins are three digital forms of Scrypt-based money that are the best money-saving advantage for students. According to Litecoin’s current estimate, a man can earn anywhere from $ 50 to $ 10 each day using customer-level mining equipment. Dogecoins and Feathercoins would return a small benefit with similar mining equipment, but are becoming more famous every day. Peercoins can also be a reasonable fair income for your time and life.

As more people join the surge in cryptocurrencies, your decision may become more difficult for mining because more expensive equipment will be needed to search for coins. You will be forced to either actively contribute if you do not have to extract this coin, or you will need to take your income and move to a less demanding cryptocoin. Understanding the basic 3 bitcoin mining strategies is probably where you need to start; this article focuses on cryptocurrency mining. Also make sure you are in a country where bitcoin and bitcoin mining are legal.

The purpose of extraction

How about focusing on cryptocurrency mining. The main task of mining – to do three things:

1. Give the accounting administration a coin grid. Mining is, in essence, every minute of daily PC accounting, which is called “transaction verification”.

2. Get a small reward for your bookkeepers by taking fractions of coins every couple of days.

3. Reduce personal expenses, including electricity and equipment.

Some basic terms

A free private database called a coin purse. It’s a password-protected container that stores your earnings and keeps huge transaction records. A free mining software package similar to this one from AMD usually consists of a cgminer and a layer. Join the online mining pool, which is a community of miners who combine their PCs to increase profitability and wage stability. Register on the online money exchange where you can exchange your virtual coins for regular cash, and vice versa. Reliable full network association, ideally 2 megabits per second or higher speed. A place to set up hardware in your basement or other cool room with air conditioning.

Work area or custom PC designed for mining. Indeed, you can use the current PC to run, but you will not be able to use the PC while the excavator is running. A separate dedicated PC is perfect. Tip: Do not use a laptop, game console or portable device for mining. These devices are simply not successful enough to get paid. An ATI graphics processing unit (GPU) or a specialized processing device called an ASIC mining chip. The cost will be between $ 90 and $ 3,000 for each GPU or ASIC. GPU or ASIC will be the basis of the work of accountants and mining.

A home fan to blow cool air through your mining PC. Mining produces a significant amount of heat, and cooling equipment is critical to your prosperity. Personal interest. You absolutely need a strong appetite for reading and constant learning, as there are constant changes in innovation and new methods are emerging to modernize coin mining. The best coin miners invest hours, consistently considering the most ideal ways to set up and improve coin mining.

Profitability of cryptocurrency mining Every time a mathematical problem is understood, a constant amount of bitcoins is created. The number of generated bitcoins per block starts at 50 and is halved for every 210,000 blocks (about four years). The current number of awarded bitcoins per block is 12.5. The last half of the party took place in July 2016, the next – in 2020. Estimation of profitability can be done using various online mining calculators. The development of digital currency standards, such as Bitcoin, Ethereum and Bitcoin Cash, has prompted huge enterprise ventures, and this is necessary to promote significant market development in the near future.

Cryptocurrency mining is a computational process that requires a network of multiple PCs to verify a transaction record known as a blockchain. Excavators are offered a share of transaction fees and are more likely to find another unit due to high computing power. These support transactions help to increase the security of network customers and guarantee the honesty that is expected to be a significant factor influencing the development of the global cryptocurrency mining market.

Bitcoin Buying Guide – A simple 3-step guide to buying your first bitcoin

Looking for a guide to buying bitcoin? I wonder where to start? People have many misconceptions about bitcoin – the first widely known and accepted worldwide cryptocurrency.

Many people think, for example, that only hackers and shadow people use it. However, in reality bitcoins go along with everyone from TigerDirect to Expedia.com and ending with Dell and even Subway, accepting payments in bitcoins.

Why so popular?

Well, bitcoin has many advantages over other currencies. For example, you can send someone a bitcoin as a payment without going through a bank intermediary (and get extra fees). It is also much faster than sending money by bank transfer or wire transfer. You can send someone a bitcoin and get them to receive coins in seconds.

With all this, it is not surprising that many people are now trying to buy bitcoin for the first time. However, it’s not as easy as going to your bank and withdrawing bitcoin – or going to the store and grabbing a little earned money for bitcoin.

The system works a little differently. This Bitcoin Buying Guide will cover a few things you need to know before making a purchase so that you can buy safely and securely.

First of all, although the price can exceed $ 2,000 per coin, you don’t need to buy a whole bitcoin. In most places you can buy portions of bitcoin for only $ 20. So you can start small and go from there when you feel more comfortable working.

Second, this article is for general purposes only and should not be construed as financial advice. Bitcoin can be risky, and before making any purchase, consult with a financial advisor to find out if it is right for you.

So, here are 3 simple steps to buying bitcoins:

# 1 Get a bitcoin wallet

The first thing to do before you buy coins is to get a virtual wallet to store the coins. This wallet is a line of text that people can use to send you bitcoins.

There are a number of different types of wallets, including the ones you download to your phone or computer, wallets online and even offline, cold wallets.

Most people prefer to receive a wallet on their phone or computer. Popular wallets include Blockchain, Armory, Bitgo MyCelium and Xapo.

Usually it’s just like downloading a wallet to your phone as an app or downloading software to your computer from the main wallet site.

# 2 Decide where to buy

There are several types of places to buy, and each is somewhat different. There are online sellers who will sell you bitcoin directly for cash (either a bank transfer or a credit card).

There are exchanges where you can buy and sell bitcoins from others – similar to the stock market. There are also local exchanges that connect you with sellers in your area who want to sell.

There are also ATMs where you are going to buy cash and deliver coins to your wallet in minutes.

Every bitcoin seller has its advantages and disadvantages. For example, ATMs are great for privacy, but they will charge you up to 20% up to the current price, which is ridiculous. (At a BTC price of $ 2,000 it’s $ 400! So you pay $ 2,400 instead of $ 2,000).

No matter where you decide to buy, be sure to research and contact a reliable seller with a good reputation and strong customer service. Buyers will have questions for the first time and may need additional support to help them make the first transaction.

Take your time and explore different places to buy before making a decision. Factors to consider include coin prices, additional fees, payment method and customer service.

# 3 Buy bitcoin and transfer it to your wallet

Once you have found a place to buy, prepare your funds (i.e. you can send a bank transfer or use Visa to top up your account). Then wait for a good price. (Bitcoin prices always fluctuate around the clock, without weekends). Then place your order when you are ready.

Once your order is filled and you have the coins, you will want to send them to your wallet. Just enter your bitcoin address and get the seller to send you your bitcoin. You should see how they display in your wallet in a matter of minutes-hours (depending on how fast the seller ships them).

Voila, you are now the owner of bitcoins. You can now send coins to pay for other goods and services, or hang them on a rainy day.

The last thing to remember: bitcoin is still in its infancy. There are huge price fluctuations, and the currency can be risky. Never buy more bitcoins than you can lose.

WoW Farming Farming – Two sites where you can extract valuable prey

WoW mining is not exactly the best way to earn gold in this game. However, this is 100% profit. The only thing you will invest is your time.

While the best way to mine gold is to buy and resell things at the Auction House for a profit, you can make decent money if you know where, what and how to run the farm. So here are two great places for WoW farming.

Anderbog is a sanguine hibiscus

Sanguine hibiscus is an herb that does not require collecting herbs. It can be found in the underwater god in Zangarmarsh. This herb is required in stacks of 5 to complete a quest that secures the reputation of the Sporeggar faction. Nowadays, many players enhance the reputation of this faction to be able to purchase a tiny controversial bit sold by Quartermaster Sporeggar.

Now the cultivation of sanguine hibiscus is not very difficult. All you have to do is just go to the Underbog and collect all the nodes of the sanguine hibiscus that move between the entrance and the bridge leading to the second chief. Then just go back to the entrance, exit, reset and repeat. Usually you get about 20-25 sanguine hibiscus per run. The plant-like crowds inside and the controversial bats also dump this grass and you can grind them if you want.

A stack of 5 hibiscus is sometimes sold for up to 100 g. The average stack price of 5 is 50 g.

Valley of the Shadow of the Moon – Dumahod

The second place where WoW mining is grown is in the eastern part of the Shadow Moon Valley. Dumahod is the guard at the entrance to the Black Temple. Although the crowd is difficult to defeat with an 80th level tank, winning in any 85th level class should not be a problem. The rogues may have a problem killing that boss, but I can’t tell you this for sure, I haven’t tried this with my rogue.

The boss’s most important ability is to “Crush Armor” – an armor debuff that invests and reduces 10% of your armor per stack. If you accumulate too many stacks, the boss attacks will become much more powerful. In any case, as I said, with a level 85 character, with a little softening and a few pots, this boss shouldn’t be hard. However, to make sure you kill him, the hunter, the Death Knight or the Paladin are the most shown classes for breeding him.

Doomwalker resets various epic BoE items that look cool, and players will buy them to change the look of the armor. Some items, such as Ethereum Nexus-Reaver or Talon of Tempest, sell for over 1,000 years.

The trouble with this boss is that he has 2-3 days to recharge. And if you don’t, when he spawns, someone will kill him. Usually I have a hunter recorded there and the place is checked every morning.

Neighborhood Investment Research

Your neighbor enjoys watching financial news, and sometimes he buys or sells a number of shares of ordinary public company shares. How does he do it?

He knows why he does this before planning how to do it. It seeks to invest in a growing company before too many other investors sort it out and raise the price of common stock. But he also likes to win at what he does, and this aspect of investing can go from plus to minus. “How” starts with getting relevant, relevant and effective investment information. Such information is provided by various free television and Internet resources.

Your neighbor records the morning and afternoon investment TV shows “CNBC.” After he comes home from work, spends time with family and enjoys dinner with family, he spends thirty minutes – an hour watching CNBC daytime shows to learn investment news about the financial markets that day. It is possible that he will collect information about a certain company, whose shares have increased or decreased according to the news. He searches the internet for the name of the company to find out its symbol.

He gains access to the “Big Charts” to learn about the company and its performance to date, as well as over a period of time, paying close attention to the size of the company and whether it pays quarterly dividends. By searching for shares, paired with the words “dividend payout schedule,” he may learn that the company will pay the next dividend to shareholders who own the shares soon.

Your neighbor is not a gambler. He invests money. Rarely will he invest in news stocks. Instead, according to research, he may decide to add this stock to his watch list to do a deeper analysis of what caused the stock to move up or down in the past. Over time, he has compiled a list of about 30 stocks, some in all ten sectors of the S&P 500. From the CNBC show, he learns which sectors are evolving today.

He trades stocks with a well-known online broker who charges $ 6.50 for a trading commission. He trades only using the limited amount of money he has set aside for this purpose. He prefers to buy no more than 100 shares of any stock, and at times increases the purchase about a month before the ex-dividend date of the company, when the volume has risen in the auction of this stock, and he sees that the price has begun to rise. He sets the purchase price as a “limit” order (since he doesn’t want to buy when the price is rapidly rising above his target price), and he supports that order by choosing “good to cancel”.

When breaking news changes settings, it cancels the purchase order. Selling is a big problem. After the purchase, should the shares rise rapidly, tempted to sell them for a quick profit, but suppose the company’s business began to rise to a new core level (the shares to keep and pass on to grandchildren)? He pays more attention to the news on the stock before deciding what to do with their sale. When stocks fall on unexpected bad news, he usually sells without hesitation, as this can limit losses, and he can account for losses compared to earnings in other stocks for the tax year.

No. a qualified, licensed investment professional, also your neighbor it’s not you. Do research, limit risks and be careful about the investments that may go your way. Your neighbor never invests money in something he doesn’t understand, and never listens to specific investment trading tips. # TAG1writer

The five laws of gold

We live in an impatient age, and when it comes to money, we want more of it now, today, not tomorrow. Whether it’s a deposit on bail, or settling with those credit cards that waste our energy long after we’ve stopped enjoying what we bought with them, the sooner the better. When it comes to investing, we want easy choices and quick returns. Hence the current cryptocurrency mania. Why invest in nanotechnology or machine learning when Ethereum is fixed in an endless spiral upwards and bitcoin is a gift that continues?

A century ago, American writer George Klasan took a different approach. In The Richest Man in Babylon, he gave the world a treasure trove — literally — of financial principles based on things that may seem old-fashioned today: prudence, prudence, and wisdom. Klasan used the sages of the ancient city of Babylon as spokespersons for his financial advice, but that advice is relevant today, as it was a century ago when Wall Street collapsed and the Great Depression.

Take for example the five laws of gold. If you want to place your personal finances on a healthy basis, wherever you are in life, this is for you:

Law №1: Gold comes with joy and more to those who spend at least a tenth of their earnings on building an estate for their future and family. In other words, save 10% of your income. At least. Save more than you can. And that’s 10% not for next year’s holiday or for a new car. This is for the long term. Your 10% may include your pension contributions, ISAs, premium bonds or any savings on large interest / limited access. Okay, interest rates for depositors are now historically minimal, but who knows where they will be in five to ten years? And compound interest means that your savings will grow faster than you think.

Law №2: Gold works diligently and contentedly on a wise owner who finds a profitable job for it. So if you want to invest rather than save, do so wisely. No cryptocurrencies and pyramid schemes. We focus on the words “profitable” and “employment”. Make money work for you, but remember that the best thing you can hope for on this side of the rainbow is a steady return over time, not winning the lottery. In practice, this probably means stocks of joint stock companies that offer regular dividends and a steady upward trend in stock prices. You can invest directly or through a fund manager in the form of mutual trusts, but before parting with one penny, see Laws 3, 4 and 5 …

Law №3: Gold is kept under the protection of a careful owner who puts it under the advice of wise men. Before doing anything, consult with a qualified experienced financial advisor. If you don’t know it, do some research. Check them out online. What experience do they have? What kind of customers? Read the reviews. Call them first and find out what they can offer you, and then decide if a face-to-face meeting will work out. Check their arrangements. Are they independent or tied to a particular company under a contract to promote that company’s financial products? A decent financial advisor will encourage you to get the basics: retirement, life insurance, somewhere to live, before directing you to invest in emerging markets, and in space travel. If you are sure you have found an advisor you can count on, listen to them. Trust their advice. But regularly review your relationship with them, say, annually, and if you’re not happy, look elsewhere. Chances are, if your opinion was justified in the first place, you will follow the same advisor for years to come.

Law №4: Gold slips away from those who invest it in business or purposes with which they are unfamiliar or which are not approved by qualified professionals. If you know deeply about grocery retail, in any case invest in a supermarket chain that increases market share. Similarly, if you work for a company that has an employee equity scheme, it makes sense to take advantage of it if you are confident that your company has good prospects. But you should never invest in any market or financial product you don’t understand (remember the crash!) That you can’t fully explore. If you are tempted to try your hand at currency trading or options trading and you have a financial advisor, talk to them first. If they are not at speed, ask to be redirected to someone who is. It’s best to stay away from anything you’re not sure about, no matter how much potential comes back.

Law №5: Gold flees to those who seek an impossible salary, or follow the attractive advice of tricksters and fraudsters, or trust their own inexperience. Again, the fifth law follows from the fourth. If you start looking online for financial advice and wealth creation ideas, your inbox will soon be filled with “tricksters and scammers” who promise you land if you invest in their “system” £ 999 for converting £ 1 to £ 1 XXXXXX commodity exchange Chicago. Remember, the only one who makes money on gold rush is the one who sells shovels. Buy the wrong shovel and you will quickly bury yourself in debt. You don’t just pay for the nose for a system that has no proven value; by sticking to it, you will probably lose a lot more than the price you paid for it. At the very least, you should check out valid product reviews. And never buy any system, investment tool or financial product from any company that is not registered with a national watchdog, such as the Office of Financial Conduct in the UK.

The best cryptocurrencies for 2018: what are the best alternatives to bitcoin?

Important: this position should not be seen as investment advice. The author focuses on the best coins in terms of actual use and acceptance, not in terms of finance or investment.

In 2017, cryptographic markets are setting a new standard for simple profits. Almost every detail or chip gave an incredible profit. “Rising tide throws all boats,” as they say, and the end of 2017 was a flood. Rising prices have created a positive feedback cycle that is attracting more and more capital to Crypto. Unfortunately, this inevitable market leads to massive investment. Money was thrown indiscriminately on a variety of dubious projects, many of which would not bear fruit.

In the current bearish environment, hype and greed are being replaced by critical appraisal and prudence. Especially for those who have lost money, marketing promises, endless shillings and charismatic oratorios are no longer enough. Well, the main reasons to buy or keep a coin are again the main ones.

The main factors in the evaluation of cryptocurrency-

There are several factors that at least in the long run overcome the hype and price pumps:

Adoption angle

Although the cryptocurrency technology or ICO business plan may seem strange without users, but these are just dead projects. It is often forgotten that widespread recognition is an important feature of money. In fact, it is estimated that more than 90% of the value of bitcoin depends on the number of users.

While the adoption of Fiat is entrusted to the state, the adoption of cryptography is purely voluntary. Many factors are involved in accepting a coin, but perhaps the most important factor is the likelihood of the coin being accepted by others.

Security

Decentralization is essential for the I push model of a true cryptocurrency. Without decentralization we have a slightly closer Ponzi scheme than a real cryptocurrency. This is a problem that cryptocurrency is trying to solve.

If dismantling a coin or central controller can change the transaction record, it calls into question its basic security. The same goes for parts with unverified code that haven’t been thoroughly tested for years. The more you can expect the code to work as described, regardless of human influence, the greater the security of the coin.

Innovation

Real coins seek to improve their technology, but not at the expense of security. True technical progress is rare as it requires a lot of experience as well as wisdom. While there are always fresh ideas that can be wrapped up when it makes weaknesses or criticisms of the original purpose of the coin, it misses the point.

Innovation can be a challenging factor to evaluate, especially for non-technical users. However, if the currency code has moaned or is not receiving updates regarding important issues, it may be a sign that the developers are weak about ideas and motives.

Incentives

The economic incentives inherent in the currency are easier to understand for the average person. If the coin had a large pre-mining or ICO (initial part offer), the team had a significant share of chips, it is clear that the main motivation is profit. By acquiring what the team offers, you play your game and enrich it. Be sure to give tangible and reliable value in return.

5 cryptocurrencies to buy in 2018

There has never been a better time to reevaluate and balance a cryptographic portfolio. Based on their solid foundation, here are five pieces that I think should be followed or perhaps bought at their current depressing prices (which, just by warning, can go lower).

# 1. Bitcoin (due to its decentralization)

The first place belongs to Bitcoin (BTC), which remains the market leader in all categories. Bitcoin has the highest price, the widest view, most of the security (due to the phenomenal energy consumption of bitcoin mining), the most well-known brand identity (forks tended to be relevant) and most of the active and rational development. It is also the only part to date that is represented in traditional markets in the form of bitcoin futures trading on the American CME and CBOE.

Bitcoin remains the main engine; The performance of all other parts strongly correlates with the performance of bitcoin. My personal expectation is that the gap between bitcoins and most if not all other parts will widen.

Bitcoin has several promising innovations that will soon be established as additional layers or soft forks. Examples are the Flash System (LN), the tree, the signature of the Mimblewimbleund Cord.

Specifically, we plan to open a new range of applications for bitcoin as it allows large-scale, micro-transactions and instant and secure payments. LN is becoming more stable as users test their various capabilities with real bitcoins. As it becomes easier to use, it can be assumed that it can benefit greatly from taking bitcoin.

№2. Litecoin (because of its resilience)

Litecoin (LTC) is a clone of bitcoin with a different hash algorithm. Although Litecoin no longer has Bitcoin anonymity technology, strange reports have shown that the adoption of Litecoin in dark markets is now the second, only bitcoin. Although the currency I am much more suited to is the role of purchasing illegal goods and services, perhaps this is the result of Litecoin’s long life: it was launched in late 2011.

Another factor in favor of Litecoin is that it integrates Bitcoin SegWit technology, which means that Litecoin is prepared for LN. Litecoin can benefit from the exchange of atomic chains. In other words, provide peer-to-peer currency trading without the involvement of third parties (i.e. exchanges). Because Litecoin keeps its code mostly synced with bitcoins, it is well placed to benefit from the technical advances of bitcoin.

№3. Ethereum (due to reasonable contracts)

At this point in Ethereum (ETH) there are a few major issues. First of all, governments run ICOs, and rightly so: many have turned out to be either fraudulent or bankrupt. Since most ico works on the Ethereum network as an ERC 20 token, the ICO mania has brought a lot of benefits to Ethereum in recent years. If appropriate rules are adopted to protect investors, Ethereum project fraudsters can claim some legitimacy as a crowdfunding platform.

The second major problem facing Ethereum is the delay in the transition to the new hybrid system for detecting performance and battery life. Currently, the GPU for Ethereum mining is profitable, but Bitmain has just announced the ASIC minor Ethereum, which is likely to affect the bottom lines of GPU miners. It remains to be seen whether this will change prisoners of war and how successful this change will be.

If Ethereum can survive these two major challenges – regulation and mining – will demonstrate greater resilience. Otherwise, there are several competing currencies that track its shadows, such as Ethereum Classic (etc.), Cardano (ADA) and EOS.

# 4. Monero (because of his anonymity)

While its adoption in the dark markets is not all that could be expected, I (XMR) remains the prime minister’s private life. Its reputation and market capitalization still exceed the reputation of its rivals – and for good reason.

The Monero code requires less confidence that Zcash is “committed” to the key ceremony, and had a fair start, unlike Dash. The fact that Manner recently changed his Pow to defeat the development of a small ASIC for his algorithm confirms the commitment of part of the decentralization of mining. The significant drop in hashing speed is due to the new version, which is constantly reported on the ASIC. It can also allow the GPU and even minor processors to come back to me. The new version of Monero, 0.12, also includes other enhancements that show that Monero continues to evolve in a sensitive direction.

№5. iPRONTO (decentralized incubation platform)

iPRONTO is an Ethereum incubation network dedicated to investors looking for a safe and reliable platform to invest in new ideas and future innovators who can present their ideas and receive opinions from users, experts in the field on the practice and implementation of the ideas.

The ideas of the innovators are supported as the NES in smart contract format will be signed between the expert platform and the client if the client’s business idea is signed to the Committee for consideration and registration on the platform. The idea will not be published for all users on the public platform of the network, but only for selected members of the target community who are willing to sign a smart contract to maintain the confidentiality of the idea.

The cryptocurrencies of the Wild West continue

This often raises the question: how do I choose which cryptocurrency to invest in – are they not all the same?

Undoubtedly, bitcoin has captured the lion’s share of the cryptocurrency (CC) market, and this is largely due to its FAME. This phenomenon is similar to what is happening in national politics around the world, where a candidate is gaining a majority of votes based on FAME rather than any proven ability and qualifications to run a nation. Bitcoin is a pioneer in this market space and continues to collect almost all the headlines in the market. This FAME doesn’t mean it’s perfect for work, and it’s pretty well known that bitcoin has limitations and problems that need to be addressed, however in the world of bitcoins there is disagreement about how best to solve the problems. As problems arise, developers have a constant opportunity to initiate new coins that solve certain situations, and thus distinguish themselves from the approximately 1,300 other coins in this market space. Let’s take a look at two Bitcoin competitors and find out how they differ from Bitcoin and from each other:

Ethereum (ETH) – The Ethereum coin is known as ETHER. The main difference from bitcoins is that Ethereum uses “smart contracts” that are objects for an account in the Ethereum blockchain. Smart contracts are defined by their creators, and they can interact with other contracts, make decisions, store data, and send ETHER to others. The performance and services they offer are provided by the Ethereum network, and all of this is above what bitcoin or any other blockchain network can do. Smart contracts can act as your stand-alone agent, following your currency spending instructions and rules and initiating other transactions on the Ethereum network.

Ripple (XRP) – This coin and Ripple network also have unique features that make it much more than just a digital currency such as bitcoin. Ripple has developed the Ripple Transaction Protocol (RTXP), a powerful financial tool that allows exchanges in the Ripple network to transfer funds quickly and efficiently. The main idea is to place money in “gateways”, where only those who know the password can unlock the funds. For financial institutions, this opens up huge opportunities as it simplifies cross-border payments, reduces costs and provides transparency and security. All this is done with creative and clever use of blockchain technology.

The mainstream media covers the market with fresh news almost every day, but there is little depth in their stories … mostly just dramatic headlines.

The Wild West show continues …

5 crypto shares / blockchain choices on average 109% are 11/17 December. Wild swings continue daily. Yesterday we had the last attempt to bring down the cryptocurrency boom in South Korea and China.

On Thursday, South Korean Justice Minister Park Sang-ki sent global prices for bitcoin temporarily falling and virtual coin markets when regulators reportedly were preparing legislation to ban cryptocurrency trading. Later that day, South Korea’s Ministry of Strategy and Finance, one of the main agencies of the South Korean government’s special group for regulating cryptocurrencies, came out and reported that their office disagree with a premature statement by the Ministry of Justice on a potential ban on cryptocurrency trading.

While the South Korean government says cryptocurrency trading is nothing more than gambling, and they are worried that the industry will leave many citizens in a poor home, their real problem is the loss of tax revenue. This is the same problem that worries every government.

China has grown into one of the world’s largest sources of cryptocurrency mining, but now, according to rumors, the government is regulating the electricity used by mining computers. More than 80% of electricity for bitcoin mining today comes from China. By closing the miner, the government will worsen bitcoin transaction verification users. Mining will be relocated, but China is particularly attractive due to very low electricity and land costs. If China complies with this threat, there will be a temporary loss of mining capacity, which will cause Bitcoin users to see longer timers and increase transaction verification costs.

This wild journey will continue, and like the boom online, we will see big winners and, ultimately, big losers. Also, like the online boom, or the uranium storm, those who come earlier will thrive, while massive investors always show up at the end, buying upstairs.

Stay tuned!

Which cryptocurrencies are good to invest in?

This year, the price of bitcoin has soared even for one ounce of gold. There are also new cryptocurrencies on the market, which is even more surprising because the value of cryptocurrencies is over a hundred billion. On the other hand, the long-term prospects of cryptocurrency are somewhat blurred. Major developers have controversy over the lack of progress, which makes it less attractive both as a long-term investment and as a payment system.

Bitcoin

Still the most popular, bitcoin is the cryptocurrency that started it all. It is currently the largest market capitalization, at about $ 41 billion, and has existed for the past 8 years. Bitcoin is widely used worldwide, and it is still not easy to use the weakness of the method it works. Both as a payment system and as value is stored, bitcoin allows users to easily receive and send bitcoin. The concept of the blockchain is the foundation on which bitcoin is based. You need to understand the concept of a blockchain to understand what a cryptocurrency is.

Simply put, a blockchain is a database distribution that stores each network transaction as a block of data called a “block.” Every user has copies of the blockchain, so when Alice sends Mark 1 bitcoin, everyone on the network knows it.

Litecoin

One alternative to bitcoin – Litecoin is trying to solve many of the problems holding back bitcoin. It is not as resilient as Ethereum, and its value is derived mainly from the acceptance of solid users. It should be noted that Charlie Lee, a former Google employee, heads Litecoin. He also practices transparency of what he does with Litecoin, and is quite active on Twitter.

Litecoin was the second Bitcoin violin for a long time, but things started to change in early 2017. First, Litecoin was adopted by Coinbase along with Ethereum and Bitcoin. Next, Litecoin fixed the problem with bitcoins by adopting Segregated Witness technology. This gave him the opportunity to lower the transaction fee and do more. The deciding factor, however, was when Charlie Lee decided to focus on Litecoin and even left Coinbase, where he was director of engineering, only for Litecoin. Due to this, the price of Litecoin has risen over the past couple of months, and the strongest factor is the fact that it can become a real alternative to Bitcoin.

Ethereum

Vitalik Buterin, a superstar programmer, came up with Ethereum that can do all that bitcoin can do. However, its goal, first of all, is to become a platform for creating decentralized applications. The difference between them is in the blockchains. Basically, a bitcoin blockchain records a contract type that indicates whether funds have been transferred from one digital address to another. However, Ethereum has seen a significant expansion as it has a more advanced language script and has a more sophisticated and wide range of applications.

Projects began to grow on top of Ethereum when developers began to notice its best qualities. Thanks to the crowd of stores, some have even raised millions of dollars, and this continues to this day. The fact that you can create great things on the Ethereum platform makes it almost similar to the Internet itself. This has caused a rapid rise in prices, so if you purchased Ethereum for a hundred dollars earlier this year, it won’t be priced at nearly $ 3,000.

Money

Monero is committed to resolving the issue of anonymous transactions. Even though this currency has been perceived as a method of money laundering, Monero is committed to changing it. Basically, the difference between Monero and Bitcoin is that Bitcoin has a transparent blockchain with every public broadcast and record. With bitcoin, everyone can see how and where the money was transferred. However, in Bitcoin there is a somewhat imperfect anonymity. In contrast, Monero has an opaque rather than a transparent transaction method. No one is sold by this method, but since some love privacy for any purpose, Monero will stay here.

Zcash

Unlike Monero, Zcash is also committed to solving problems that arise in bitcoin. The difference is that Monero is not only completely transparent, but also publicly only partially in its blockchain style. Zcash also aims to address the issue of anonymous transactions. After all, not everyone likes to show how much money is actually spent on memorable Star Wars stuff. Thus, it can be concluded that this type of cryptocurrency does have an audience and demand, although it is difficult to say which particular cryptocurrency focused on privacy will eventually come out on top.

Banker

Also known as a “smart token,” Bancor is a next-generation cryptocurrency standard that can hold more than one token in reserve. Basically Bancor is trying to simplify the trading, management and creation of tokens by increasing their liquidity level and allowing them to automate the market price. At the moment, Bancor has a product that includes a wallet and a smart token creation. The community also has features such as statistics, profiles and discussions. In a nutshell, the Bancor protocol allows you to detect the embedded price as well as the liquidity mechanism of smart contract tokens through the innovation reserve mechanism. With a smart contract you can instantly eliminate or purchase any token in the Bancor reserve. With Bancor you can easily create new cryptocurrencies. Now who wouldn’t want that?

EOS

Another competitor to Ethereum, EOS promises to solve the problem of scaling Ethereum by providing a set of tools that are more reliable for running and building applications on the platform.

Thesis

Alternatively, Ethereum Tezos can be upgraded by consensus without much effort. This new blockchain is decentralized in the sense that it is self-governing by creating a true digital community. This facilitates a mathematical method called official verification, and has the functions of enhancing the security of the most financially weighted, sensitive smart contract. Definitely a big investment in the coming months.

Verdict

It is incredibly difficult to predict which bitcoin will be the next superstar on the list. However, user acceptance has always been a key success factor when it comes to cryptocurrencies. Both Ethereum and Bitcoin have this, and even if the list has great support for every cryptocurrency, some have yet to prove their strength. However, they need to be invested in and monitored in the coming months.

Some of the best cryptocurrencies you can now invest in for a free and secured financial exchange

Cryptocurrency as a modern form of digital asset has gained worldwide recognition for easy and fast financial transactions, and its awareness among people has allowed them to be more interested in this area, opening up new and improved ways to make payments. With the growing demand for this global phenomenon, new traders and business owners are willing to invest in this currency platform, despite its fluctuations in prices, but to choose the best when the market is full, is quite difficult. The list of cryptocurrencies bitcoin – one of the oldest and most popular in recent years. It is mainly used for trade in goods and services and has become part of the so-called computerized blockchain system, which allows anyone to use them, thus increasing the enthusiasm of the population.

Ordinary people who want to purchase BTC can use the wallet system online to safely buy them in exchange for cash or credit cards and comfortably from thousands of BTC funds around the world and keep them as an asset for the future. Because of its popularity, many corporate investors now accept them as cross-border payments, and growth will not stop. With the advent of the Internet and mobile devices, gathering information has become fairly simple, as a result BTC’s financial transactions are affordable, and its value is set according to people’s choices and preferences, leading to a profitable investment. Recent surveys have also shown that instability is good for the exchange of BTC, as there is instability and political unrest in the country, because of which banks suffer, and therefore investing in BTC may be the best option. Again, the fee for bitcoin transactions is a fairly cheap and more convenient contracting technology, thus attracting crowds. BTC can also be converted into various currencies and used to trade securities, for land holdings, stamping documents, government awards and vice versa.

Another advanced blockchain project is Ethereumor ETH, which has served much more than just a digital form of cryptocurrency, and its popularity over the past few decades has allowed billions of people to hold for their wallets. With the ease of the online world ETH has allowed retailers and business organizations to take them for trading purposes, so it can serve the future of the financial system. Also ETH is open source and helps to collaborate with projects of different firms and industries, thus increasing their usefulness. Again, unlike the bit coins used to exchange money on a digital network, ETH can also be used for multiple applications other than financial transactions, and does not require prior government permission so people can use them with their portable devices. The cost of broadcasting also remains stable, and this avoids violations by any third-party intermediaries, such as lawyers or a notary, as exchanges are largely software-based, allowing ETH to become the second best cryptocurrency to invest.