Top cryptocurrencies for 2018: What are the best alternatives to bitcoin?

Important: This position should not be considered as investment advice. The author focuses on the best coins in terms of actual use and acceptance, not from a financial or investment point of view.

In 2017, cryptographic markets set the new standard for simple profits. Almost every figure or chip brought in incredible income. “The rising tide is throwing all the boats,” as they say, and the end of 2017 was a flood. The increase in prices has created a positive feedback cycle that is attracting more and more capital to Crypto. Unfortunately, but inevitably, this galloping market leads to a huge investment. The money has been thrown indiscriminately into all sorts of dubious projects, many of which will not bear fruit.

In today’s bearish environment, noise and greed are replaced by critical appraisal and caution. 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 Paramount.

The main factors in the evaluation of cryptocurrency-

There are some factors that tend to conquer hip-hop and price pumps, at least in the long run:

Adoption angle

Although cryptocurrency technology or an ICO business plan may seem surprising without users, they are just dead projects. It is often forgotten that widespread acceptance is an essential feature of money. In fact, it is estimated that over 90% of the value of bitcoin is a function of the number of users.

While the acceptance of Fiat is entrusted to the state, the acceptance of cryptography is purely voluntary. Many factors play a role in the decision to accept a coin, but perhaps the most important consideration is the likelihood that others will accept the coin.

Security

Decentralization is essential for the I push Model of a true cryptocurrency. Without decentralization, we have a little closer to a Ponzi scheme than a real cryptocurrency. Trust in individuals or institutions is the 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 unproven code that have not been thoroughly tested over the years. The more you can rely on the code to function as described, regardless of human influence, the greater the security of a coin.

Innovation

Valid coins seek to improve their technology, but not at the expense of safety. True technological progress is rare because it requires a lot of experience – and also wisdom. Although there are always fresh ideas that can be fucked up if it puts vulnerabilities or critics on the original purpose of the coin, it misses the point.

Innovation can be a difficult factor to assess, especially for non-technical users. However, if the currency code is stagnant or does not receive updates that deal with important issues, this may be a sign that developers are weak in terms of ideas or motivation.

Incentives

The economic incentives inherent in a currency are easier for ordinary people to perceive. If a coin had a large pre-mine or ICO (offer for the initial part), the team has a significant share of chips, then it is quite obvious that the main motivation is the profit. By buying what the team offers, you play your game and enrich it. Remember to provide 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 are worth sticking to or maybe buying at their current depressing prices (which, just a warning, can go down).

# 1. Bitcoin (due to its decentralization)

Number one belongs to Bitcoin (BTC), which remains the market leader in all categories. Bitcoin has the highest price, the broadest assumption, most of the security (due to the phenomenal energy consumption in bitcoin mining), the most famous brand identity (forks tried to be appropriate) and most of the development Active and rational. This is the only part so far that is presented on traditional markets in the form of bitcoin futures trading of the American CME and CBOE.

Bitcoin remains the main engine; The effectiveness of all other parts is strongly related to the effectiveness of Bitcoin. My personal expectation is that the difference between bitcoin and most, if not all other parts will increase.

Bitcoin has several promising innovations that will soon be installed as additional layers or soft forks. Examples of this are the Flash system (LN), the tree, the signatures of Schnorr Mimblewimbleund much more.

In particular, we plan to open a new set of applications for bitcoin, as it allows large-scale, micro-transactions and immediate and secure payments. LN is becoming more stable as users test their various capabilities with real bitcoin. As it becomes easier to use, it can be assumed that it will benefit significantly from the adoption of bitcoin.

# 2. Litecoin (due to its persistence)

Litecoin (LTC) is a branch of bitcoin with a different hash algorithm. Although Litecoin no longer has Bitcoin’s anonymity technology, incredible reports show that the adoption of Litecoin in the dark markets is now the second, only bitcoin. Although the currency I have is much more appropriate for the role of acquiring illegal goods and services, perhaps this is a result of the longevity of Litecoin: It was released in late 2011.

Another factor in favor of Litecoin is that it integrates Bitcoin SegWit technology, which means that Litecoin is ready for LN. Litecoin can benefit from the exchange of atomic chains. In other words, ensure equivalent currency trading without the participation of third parties (ie an exchange). Because Litecoin keeps its code largely synchronized with Bitcoin, it is in a good position to take advantage of Bitcoin’s technical advances.

# 3. Ethereum (because of smart contracts)

Ethereum (ETH) has some big problems right now. First, governments are subject to ICOs and rightly so: many have proven to be either fraudulent or bankrupt. Since most icos run on the Ethereum network as an ERC marker 20, the ICO craze has brought great value to Ethereum in recent years. If appropriate investor protection rules are in place, scams involving Ethereum projects may claim some legitimacy as a crowdfunding platform.

The second major problem facing Ethereum is the delayed transition to a new hybrid system for battery operation and detection. Ethereum’s GPU is currently profitable, but Bitmain has just announced a minor Ethereum ASIC, which is likely to affect the bottom lines of GPU miners. It remains to be seen whether this will change the POW and how successful this change will be.

If Ethereum can survive these two main problems – regulation and digging – it will show great resilience. Otherwise, there are several competing currencies tracking its shadows, such as Ethereum Classic (etc.), Cardano (ADA) and EOS.

# 4. Monero (because of his anonymity)

Although its acceptance in the dark markets is not all that can be expected, I (XMR) remains the Prime Minister’s confidentiality. Its reputation and market capitalization are still above those of its rivals – and with good reason.

The Monero code requires less confidence that Zcash is a “loyal” key ceremony and has had a fair start, unlike Dash. The fact that Monero recently changed its Pow to beat the development of a small ASIC for its algorithm confirms the piece’s commitment to dignifying digging. A significant drop in hashing speed is due to the new version, which is constantly reported against ASIC. This can also be an option for GPUs and even minor CPUs to connect to me. The new version of Monero, 0.12, includes other improvements that show that Monero continues to grow along sensitive lines.

# 5. IPRONTO (Decentralized Incubation Platform)

iPRONTO is an Ethereum chain incubation platform dedicated to investors looking for a secure and reliable platform to invest in new ideas and future innovators who can present their ideas and get opinions from users, experts in the practice and application of derivative 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 before the Committee for verification and registration in the platform. The idea will not be published for all users of the public platform of the chain, but only for selected members of the target community who are willing to sign the smart contract to keep the idea confidential.

That’s why the cryptocurrency Dash puts Bitcoin to shame

Cryptocurrencies are currently raging.

Everywhere you see titles with impressive thousands of percent earnings for “coins” like bitcoin. But what gives them value? When have you ever used bitcoin?

The truth is that at the moment this is not practical, mainly due to the time required to complete a transaction. But there are other coins that are emerging as viable candidates for bitcoin success as the number one cryptocurrency.

There is much to understand about the intricacies of cryptocurrencies, but this article is more about finding an investment opportunity than explaining the science behind it.

A balloon in bitcoin?

One thing that is important to know is the concept of “yield”. This is the very basis of cryptocurrencies. This is how new bitcoins are made.

In simple words, the “miner” solves a complex mathematical problem through special software and as a result is rewarded with new bitcoins. The transaction is then stored in the blockchain and these new bitcoins are officially in circulation.

As more bitcoins are in circulation, their extraction becomes more complex and time consuming and less profitable. So, although about 80% of possible bitcoins are currently in circulation, the latter will be mined by 2140.

As most people know so far, this year Bitcoin saw a giant rally. In fact, it’s about 1200% in the last year, which makes many people think it’s in a bubble.

The total value of bitcoins in circulation is now over $ 150 billion. If bitcoin was a company, it would be in the top 50 largest in the United States.

I personally believe that the only reason bitcoin is so much more valuable than any other cryptocurrency is that it is the first time it has penetrated the mainstream. This is still important. At the very least, it gives other coin developers something to improve on.

The good thing is that even if you think you missed the bitcoin boat, there are many other cryptocurrencies out there. Of course, some are scams, but others have real potential.

One of those that I believe has real, practical use is called Dash.

Dash: Digital Cash

First, Dash is ahead of the game in terms of convenience. Bitcoin transactions currently take an average of about 10 minutes to an hour. Dash aims to be the main cryptocurrency that can be transferred instantly (in less than a second) between parties, making it much more practical when it comes to buying things online or in a store.

One of the most attractive features of Dash is that 10% of the newly minted coins are given to Dash DAO (decentralized autonomous organization). Simply put, DAO is Dash’s treasure trove. At a current price of over $ 600 per coin, that’s $ 4 million a month that she can use.

It is important to know that no other coin has this kind of ongoing funding. With this money Dash DAO can develop and market the currency.

Also, anyone can come up with an idea for a project to improve the value of Dash. The project was then voted on by thousands of Dash developers. An example of this would be partnering with stores to make Dash a viable means of transactions for their goods.

Of course, these developers make money from Dash, so anything that takes advantage of and promotes the currency will be tempting.

This creates a circular effect in which the currency evaluates the price because it is better financed and marketed, then DAO makes more money and is able to offer Dash even more.

Dash break

So far, Dash can be used in over 300 physical stores and over 100 websites to purchase goods or services. But the breakthrough for him could come from the marijuana industry.

Currently, banks have no right to have anything to do with marijuana transactions; everything must be done in cash. Vendors can’t even invest money from their sales in a bank.

This not only carries the risk of robbery, but these companies have to pay for storage and transportation in cash. This is added quickly.

The ability to use Dash would be huge for these providers. That would mean great things for the price of Dash.

The good news is that it has already begun to progress. In April, Dash partnered with a digital payment system called Alt Thirty Six, which has partnerships with some of the country’s leading dispensary business management companies.

These software companies track transactions for hundreds of dispensaries and delivery services. This means that Dash users already have hundreds of ways to use the currency.

Since Dash officially became a payment method for Alt Thirty Six on October 11, its price has risen by 118%. It’s only a month and a half later.

Just the beginning

With a market capitalization of just $ 4.8 billion compared to $ 156 billion bitcoins, I believe Dash still has plenty of room to move forward.

The marijuana industry is just the beginning of Dash, but it’s great. In 2016, legal sales were about $ 7 billion. Another $ 46 billion has been sold on the black market.

And as more stores open and marijuana becomes legal in more states, that legal number is expected to be $ 23 billion by 2021 and $ 50 billion by 2026.

Again, this is just the beginning of Dash. Its unique instant transaction feature makes it a viable alternative to cash, giving it an edge over other cryptocurrencies such as bitcoin.

How to find cryptocurrency forecasts?

If you have invested in a cryptocurrency, you know that taking into account market conditions is paramount. As an investor, you need to be aware of what is happening with different currencies and what other traders are saying about the future.

Therefore, if you want to make prudent investment decisions, it is better to consider cryptocurrency forecasts. Fortunately, there are many resources on the web that allow you to research and search for predictions. This can help you stay ahead of the rest of the market. Make sure you stay away from scammers and other schemes that claim to make you rich overnight. Below are some reliable sources of forecasts that can help you succeed as an investor.

TradingView

If you are looking for a reliable forecast source, check TradingView. This platform offers great graphics tools that anyone can use. It doesn’t matter if you are a beginner or an advanced user. This platform allows you to know how different types of cryptocurrencies behave over time. So, you can predict their behavior along the way.

One of the main reasons this platform offers reliable forecasts is that it has a huge community of experienced investors who are always ready to share their knowledge. In fact, over 3.3 million active investors are part of this platform.

Finder.com

Finder is your ideal source if you want to get a valuable idea of ​​the future of cryptocurrency from various, reliable authorities. In fact, Finder regularly consults with financial and cryptocurrency experts and publishes their forecasts for other investors.

The platform also works with experts from various industries, such as news, finance and technology. Based on discussions with these professionals, Finder can make accurate predictions.

Bitcoin wolf

Bitcoin Wolf is another great platform that can provide accurate predictions for cryptocurrencies. By joining the chat room on this platform, you can talk around the clock with other experienced investors. In addition, you can take advantage of other excellent features offered by the platform, such as real-time alerts, peer consultation centers, technical analysis, etc.

This place is the best platform where you can talk about the future of these currencies. And the great thing is that experts will give you a deeper idea of ​​this world and help you make informed decisions.

When it comes to investing in cryptocurrency, be sure to do your homework first. It’s a great idea to look at the forecasts so you can make the right decisions along the way. You need to pay attention to what other experienced investors think about the future. In addition, you may want to understand the point of view of industry experts.

Final thoughts

So, if you look at the above sources, you will be able to get an idea of ​​the minds of other investors in the industry. This way, you can make better decisions that will ensure that your business becomes profitable. It is better to check the forecasts regularly.

Getting started with crypto

Investing in the cryptocurrency market space can be a bit daunting for the traditional investor, as investing directly in cryptocurrency (CC) requires the use of new tools and the adoption of some new concepts. So, if you decide to dip your toes in this market, you will want to have a very good idea of ​​what to do and what to expect.

Buying and selling CC requires you to choose an exchange that deals with the products you want to buy and sell, whether they are Bitcoin, Litecoin or one of over 1300 other tokens in play. In previous editions we have briefly described the products and services offered at several exchanges to give you an idea of ​​the various offers. There are many exchanges to choose from and they all do things their own way. Look for the things that are important to you, for example:

– Deposit policies, methods and costs for each method

– Withdrawal policies and costs

– Which fiat currencies trade in deposits and withdrawals

– Products they deal with, such as crypto coins, gold, silver, etc.

– Transaction costs

– where is this exchange based? (USA / UK / South Korea / Japan …)

Be prepared for the Exchange setup procedure to be detailed and lengthy, as exchanges usually want to know a lot about you. This is similar to creating a new bank account, as exchanges are value brokers and they want to make sure that you are who you say you are and that you are a reliable person to deal with. “Trust” seems to gain over time, as exchanges usually allow only small amounts of investment.

Your exchange will keep your CC in storage for you. Many of them offer “refrigerated storage”, which simply means that your coins are kept “offline” until you indicate that you want to do something with them. There are quite a few news stories about stock market hacking and many stolen coins. Think about the fact that your coins are in something like a bank account on the stock exchange, but remember that your coins are only digital and that all blockchain transactions are irreversible. Unlike your bank, these exchanges do not have deposit insurance, so keep in mind that hackers are always there, trying their best to get your crypto coins and steal them. Exchanges usually offer password-protected accounts, and many offer two-factor authorization schemes – something you should seriously consider to protect your account from hackers.

Given that hackers like to loot on exchanges and your account, we always recommend using a digital wallet for your coins. It’s relatively easy to move coins between your Exchange account and your wallet. Be sure to choose a wallet that handles all the coins you want to buy and sell. Your wallet is also the device you use to “spend” your coins with merchants who accept CC for payment. Both types of wallets are “hot” and “cold”. Hot wallets are very easy to use, but leave your coins on the Internet, but only on your computer, not on the Exchange server. Cold wallets use offline storage media, such as dedicated hardware memory and simple paper printouts. Using a cold wallet makes transactions more complicated, but they are the safest.

Your wallet contains a “private” key that allows all the transactions you want to initiate. You also have a “public” key that is shared online so that all users can identify your account when they engage in a transaction with you. When hackers get your private key, they can move your coins wherever they want, and that’s irreversible.

Despite all the challenges and wild volatility, we are confident that the core technology of blockchain is a game that changes the game and will revolutionize how transactions are forwarded.

What is an ICO in cryptocurrency?

ICO stands for Initial Coin Supply. When launching a new cryptocurrency or crypto-token, developers offer investors a limited number of units in exchange for other major cryptocurrencies such as Bitcoin or Ethereum.

ICOs are amazing tools for rapidly pouring development funds in support of new cryptocurrencies. Tokens offered during the ICO can be sold and traded on cryptocurrency exchanges if there is sufficient demand for them.

Ethereum’s ICO is one of the most notable successes, and the popularity of the initial coin offerings is growing as we speak.

A brief history of the ICO

Ripple is probably the first cryptocurrency to be distributed through ICO. In early 2013, Ripple Labs began developing the Ripple payment system and generated approximately 100 billion XRP tokens. They were sold through ICO to fund the development of the Ripple platform.

Mastercoin is another cryptocurrency that sold several million Bitcoin tokens during the ICO, also in 2013. Mastercoin aims to tokenize Bitcoin transactions and execute smart contracts by creating a new layer on the existing Bitcoin code.

Of course, there are other cryptocurrencies that have been successfully funded through the ICO. As early as 2016, Lisk raised about $ 5 million during their initial coin offering.

Nevertheless, Ethereum’s ICO, which took place in 2014, is perhaps the most famous so far. During its ICO, the Ethereum Foundation sold ETH for 0.0005 bitcoins each, raising nearly $ 20 million. Using the power of Ethereum’s smart contracts, he paved the way for the next generation of initial coin offerings.

Ethereum ICO, a recipe for success

Ethereum’s smart contract system has implemented the ERC20 protocol standard, which sets out the basic rules for creating other compatible tokens that can be transitioned to the Ethereum blockchain. This allowed others to create their own ERC20 compliant tokens that could be traded for ETH directly on the Ethereum network.

DAO is a remarkable example of the successful use of Ethereum’s smart contracts. The investment company raised $ 100 million in ETH, and investors received DAO tokens in return, allowing them to participate in the management of the platform. Unfortunately, DAO failed after being hacked.

Ethereum’s ICO and their ERC20 protocol outlined the latest generation of crowdfunding projects based on blockchain through Initial Coin Offerings.

Also facilitate investment in other ERC20 tokens. Simply transfer ETH, place the contract in your wallet and the new symbols will appear in your account so you can use them as you wish.

Obviously, not all cryptocurrencies have ERC20 tokens living in the Ethereum network, but almost any new blockchain-based project can launch an initial coin offering.

The legal status of the ICO

As for the legality of the ICO, there is a bit of a jungle. In theory, tokens are sold as digital goods, not as financial assets. Most jurisdictions have not yet regulated the ICO, so assuming that the founders have an experienced lawyer on their team, the whole process should be paperless.

However, some jurisdictions are already aware of the ICO and are already working to regulate it in a manner similar to the sale of shares and securities.

As early as December 2017, the US Securities and Exchange Commission (SEC) classified ICO tokens as securities. In other words, the SEC was preparing to stop ICOs, which they consider misleading investors.

There are some cases where the token is just a useful marker. This means that the owner can simply use it to access a particular network or protocol, in which case they may not be defined as a financial guarantee. Nevertheless, capital tokens, which are intended to be valued, are quite close to the concept of security. The truth is that most symbol purchases are made specifically for investment purposes.

Despite the efforts of regulators, ICOs remain in the gray legal area and until a clearer set of regulations is imposed, entrepreneurs will try to take advantage of the initial coin proposals.

It is also worth mentioning that once regulations are finalized, the costs and effort required to comply with them may make ICOs less attractive than conventional funding opportunities.

Concluding remarks

For now, ICOs remain an amazing way to fund new crypto-related projects, and there are many successful ones yet to come.

Keep in mind, however, that everyone is starting an ICO these days, and many of these projects are scams or lack the solid foundation they need to thrive and deserve an investment. For this reason, you should definitely do an in-depth study and research the team and history of any crypto project you would like to invest in. There are several websites that list ICOs, just do a Google search and you will find some options.

Getting started with cryptocurrencies

Investing in the cryptocurrency market is often complicated, especially for traditional investors. This is because investing directly in cryptocurrency requires the use of new technologies, tools and the adoption of some new concepts.

If you decide to immerse your fingers in the world of CryptoCurrency, you will need to have a clear idea of ​​what to do and what to expect.

Be it Bitcoin, Litecoin, Ethereum or any of the 1300 tokens, buying and selling cryptocurrencies requires you to choose the exchange that deals with the products you want.

As the best-known decentralized cryptocurrency, Bitcoin leads the cryptospace so dominant that the terms crypto and bitcoin are sometimes used interchangeably. The fact is, however, that there are other cryptocurrencies that can be relied upon when making crypto-investments.

Litecoin

Litecoin, also known as “Bitcoin Gold Silver”, is an decentralized open source payment network that operates without an intermediary.

How is Litecoin different from Bitcoin? Well, both are similar in many ways, but generating Litecoin blocks is much faster than Bitcoin. This makes investors around the world open to accepting Litecoin.

Charlie Lee, a former Google engineer, founded Litecoin in 2011. Although Litecoin does not have Bitcoin anonymity technology, recent reports show that Litecoin is preferred over bitcoin because of its consistency. Another factor that favors Litecoin is Bitcoin SegWit technology, which means secure mutual currency trading without involving exchange participation.

Ethereum

Launched in 2015, Ethereum is a decentralized software platform that allows distributed applications and smart contracts to operate without third-party intervention. The currency is the ether, which is like an accelerator within the ethereum platform. In the leading cryptocurrency space, Ethereum. is the second most preferred choice after bitcoin.

Zcash

Zcash attracted attention in the second half of 2016 and focuses on solving the problem of anonymous transactions. To understand the currency, let’s take it as “if bitcoin is like HTTP for money, Zcash is HTTPS”.

The currency offers a choice of secure transaction to maintain the transparency, confidentiality and security of transactions. This means that investors can transfer data in the form of encrypted code.

Dash

Originally known as darkcoin, Dash is a more selective version of bitcoin. It was launched in January 2014 by Evan Duffield under the name Xcoin. It is also known as the Decentralized Autonomous Organization or simply DAO. The coin was intended to remove all the prevailing restrictions on bitcoin. Bitcoin has currently gained a significant position in cryptocurrencies.

The alternative to virtual currency, which promises secured and anonymous transactions through peer-to-peer networks, is cryptocurrency. The key to making a lot of money is to make the right investment at the right time. Compared to making everyday money, cryptocurrency models operate without involving any average person as a decentralized digital mechanism. In this distributed cryptocurrency mechanism, business continuity is issued, managed and approved by the community’s peer network. Cryptocurrency is known for its fast transactions in any other mode such as digital wallets and other media.

In addition to the above, other top cryptocurrencies include Monero (XMR), Bitcoin Cash (BCH). EOS and Ripple (XRP).

Although bitcoin is the trendsetter and leader in the competition, other currencies have also made their mark and are growing in preference every day. Given the trend, other cryptocurrencies will have a long way to go and may soon give Bitcoin a really difficult time to maintain its position.

If you have decided to make a speculative investment in this destructive technology and want to have all the current and future recommendations, contact the “Best Coins”.

Crypto TREND – second edition

In the first edition of CRYPTO TREND we presented Crypto Currency (CC) and answered a few questions about this new market space. There is a lot of NEWS in this market every day. Here are some highlights that give us an idea of ​​how new and exciting this market space is:

The world’s largest futures exchange to create a bitcoin futures contract

Terry Duffy, president of the Chicago Board of Trade (CME), said: “I think sometime in the second week of December you will see our [bitcoin futures] enumeration contract. Today you can’t short bitcoins, so there is only one way you can go. You either buy it or sell it to someone else. So you create a two-way market, I think it’s always much more efficient. “

CME intends to release bitcoin futures by the end of the year pending regulatory review. If it succeeds, it will give investors a viable way to switch “long” or “short” to bitcoin. Some vendors of exchange-traded funds have also filed documents for bitcoin ETFs that track bitcoin futures.

These developments have the potential to allow people to invest in the cryptocurrency space without directly owning a CC or using the services of a CC exchange. Bitcoin futures can make the digital asset more useful by allowing consumers and intermediaries to hedge their currency risks. This can increase the acceptance of cryptocurrency by traders who want to accept bitcoin payments but are wary of its volatile value. Institutional investors are also accustomed to trading regulated futures that do not suffer from money laundering worries.

CME’s move also suggests that bitcoin has become too large to be ignored, as the exchange seems to have ruled out cryptocurrencies in the recent past. Bitcoin is almost everything that everyone talks about in brokerage and trading companies, which have suffered against the background of growing but unusually calm markets. If stock market futures took off, it would be almost impossible for another exchange, such as CME, to catch up, as scale and liquidity are important in derivatives markets.

“You can’t ignore the fact that this is becoming more and more a story that will not go away,” Duffy said in an interview with CNBC. There are “major companies” that want access to bitcoin and there is a “huge slowdown in demand” from customers, he said. Duffy also believes that introducing institutional traders to the market could make bitcoin less volatile.

Japanese village to use cryptocurrency to raise capital for municipal revitalization

The Japanese village of Nishiawakura is exploring the idea of ​​conducting an initial coin offering (ICO) to raise capital for municipal revitalization. This is a completely new approach and they can ask for support from the national government or seek private investment. Several ICOs have had serious problems and many investors are skeptical that any new token will have value, especially if the ICO turns out to be another joke or scam. Bitcoin was certainly not a joke.

Initial offering of coins – (ICO)

We didn’t mention ICO in the first issue of Crypto Trend, so let’s mention it now. Unlike an initial public offering (IPO), in which a company has an actual product or service for sale and wants to buy shares in its company, an ICO can be conducted by anyone who wants to initiate a new blockchain project with the intention of creating a new one. a symbol of their chain. ICOs are not regulated and several of them are completely fraudulent. However, a legitimate ICO can raise a lot of money to fund a new Blockchain project and network. It is typical for an ICO to generate a high symbol price in the beginning and then return to reality soon after. Because the ICO is relatively easy to hold, if you know the technology and have a few dollars, there were a lot, and today we have about 800 tokens in play. All of these symbols have a name, they are all cryptocurrencies, and with the exception of very well-known symbols such as Bitcoin, Ethereum and Litecoin, they are called alt-coin. Currently, Crypto Trend does not recommend participating in the ICO, as the risks are extremely high.

As we said in issue 1, this market is currently the ‘Wild West’ and we recommend caution. Some investors and early entrepreneurs have made big profits in this market space; however, there are many people who have lost much or all. Governments are considering regulations because they want to know about each transaction in order to tax them. They all have a huge debt and are tied to money.

So far, the cryptocurrency market has avoided many government and conventional banking financial problems and pitfalls, and Blockchain technology has the potential to solve many more problems.

A great feature of Bitcoin is that the creators have chosen a limited number of coins that can ever be generated – 21 million – thus ensuring that this cryptocurrency can never be inflated. Governments can print as much money (fiat currency) as they like and inflate their currency to death.

Future articles will delve into specific recommendations, but make no mistake, early investing in this sector will only be for your most speculative capital, money you can afford to lose.

CRYPTO TREND will be your guide if and when you are ready to invest in this market space.

Stay on the line!

6 tips to help you improve your investment strategy when trading BTC

If you want to invest in bitcoin, be sure to consider many factors. This decision must be based on a sound technical assessment and a comprehensive analysis. You don’t want to risk your hard earned money. Instead, each investor’s goal is to earn the maximum return on their investment dollars. Here are some tips to help you improve your investment strategy. Read on to find out more.

1: Know the basics

The first step is to make sure that you can earn a return on your investment, which is only possible if you are familiar with the basics. Sometimes, if you don’t fully understand the basics, you may end up making the wrong decisions.

So, the terms you need to know include cryptocurrency exchange, private keys, public keys, wallets, and a digital coin to name a few. Knowing these basic terms is important for making better investment decisions.

2: Be consistent

It often takes too long to make important decisions for many reasons. As a matter of fact, even experienced investors may eventually make this mistake. It is important to understand that changing your strategies based on market conditions is paramount. The value of bitcoin continues to change, which means that you have to change your investment strategies from time to time.

3: Use technology

The concept of a digital currency depends on technology, which means you need to be able to use technology for your investment decision. For example, you can try automated bots, as they help trade cryptocurrencies. Therefore, you do not need to interfere much.

These types of tools can help you save a lot of time and effort during the decision-making process. Therefore, their use is a brilliant touch.

4: Consider exchange fees

When it comes to choosing to exchange cryptocurrency, make sure you are quite selective. In fact, different exchanges have different tariff rates, which can have a big impact on your ROI. This is important if you are involved in very small transactions, as each transaction is charged based on the rules and regulations of the exchange. Therefore, you need to make sure that you have chosen the best exchange to reduce the fee.

5: Don’t overdo it

Initially, some investors tend to engage in excessive trading. They make several deals a day, which is a serious mistake. You may want to avoid it, as the results can be devastating. So, you need to take the time and make every trading decision after careful consideration.

6: Think of alternatives

In some ways, your BTC investment can be quite productive. You may want to choose an alternative that can minimize risk and increase profits. So, what you need to do is choose an alternative that involves low risk and greater profitability.

In short, investing in BTC can be quite productive, especially if you follow a careful and measured approach. So, be sure to learn the basics and compare different alternatives to make the best decision. I hope this helps.

Some of the best cryptocurrencies to invest in now, for a free and secure 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 show greater interest in this area, thus opening up new and improved ways to make payments. With the growing demand for this global phenomenon more, new traders and business owners are now ready to invest in this currency platform, despite its fluctuating prices, but it is quite difficult to choose the best one when the market is full. In the list of cryptocurrencies, bit coins are one of the oldest and most popular in the last few years. It is generally used for trade in goods and services and has become part of the so-called computerized blockchain system, allowing anyone to use it, thus increasing the madness among the public.

Ordinary people who are willing to buy BTC can use an online wallet system to buy them safely in exchange for cash or credit cards and conveniently from thousands of BTC foundations around the world and keep them as assets in the future. Due to its popularity, many corporate investors now accept them as cross-border payments and the growth is unstoppable. With the advent of the Internet and mobile devices, gathering information has become quite easy, as a result of which BTC’s financial transactions are affordable and priced according to people’s choices and preferences, leading to a profitable investment. Recent studies have also shown that instability is good for the exchange of BTC, as there is instability and political unrest in the country, which causes banks to suffer, after which investment in BTC can certainly be a better option. Again, fees for bitcoin transactions are much cheaper and a more convenient technology for concluding contracts, thus attracting the crowd. BTC can also be converted into various fiat currencies and used for securities trading, land ownership, document stamping, public prizes and vice versa.

Another advanced blockchain project is Ethereumor ETH, which serves much more than just a digital form of cryptocurrency, and its popularity over the past few decades has allowed billions of people to hold wallets for them. With the ease of the online world, ETH has allowed retailers and business organizations to accept them for trading purposes, and can therefore serve as the future of the financial system. Also as an open source, ETH helps to collaborate on projects of different companies and industries, thus increasing their usefulness. Again, unlike the bitcoin, which is used to exchange money on a digital network, ETH can be used for many applications in addition to financial transactions and does not require prior permission from governments, so people can use them with their portable devices. . The price of Ether has also remained stable and avoids interference from third party intermediaries such as lawyers or notaries, as exchanges are based mainly on software, allowing ETH to be the second best cryptocurrency to invest at the moment.

What cryptocurrencies is good to invest in?

This year, the value of bitcoin has risen even after an ounce of gold. There are also new cryptocurrencies on the market, which is even more surprising, which brings cryptocurrencies worth more than one hundred billion. On the other hand, the long-term prospects for cryptocurrency are somewhat blurred. There are quarrels about the lack of progress among the main developers, which make it less attractive as a long-term investment and as a payment system.

Bitcoin

Still the most popular, bitcoin is the cryptocurrency that launches all this. It currently has the largest market capitalization of about $ 41 billion and has existed for the past eight years. Bitcoin is widely used around the world, and so far it is not easy to exploit the weakness in the method it works. Both as a payment system and as a stored value, Bitcoin allows users to easily receive and send bitcoins. The blockchain concept is the foundation on which Bitcoin is based. It is necessary to understand the concept of a blockchain in order to understand what cryptocurrencies are.

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

Litecoin

An alternative to Bitcoin, Litecoin tries to solve many of the problems that hold Bitcoin. It is not as durable as Ethereum, whose value stems mostly from the acceptance of solid users. It is worth noting that Charlie Lee, a former Google employee, runs Litecoin. He also practices transparency with what he does with Litecoin and is quite active on Twitter.

Litecoin was Bitcoin’s second fiddle in a long time, but things started to change in early 2017. First, Litecoin was adopted by Coinbase along with Ethereum and Bitcoin. Litecoin then corrected the Bitcoin problem by adopting Segregated Witness technology. This allowed him to reduce transaction fees and do more. The deciding factor, however, was when Charlie Lee decided to focus solely on Litecoin and even left Coinbase, where he was the engineering director, for Litecoin only. As a result, the price of Litecoin has risen over the past few months, with its strongest factor being the fact that it could be a real alternative to Bitcoin.

Ethereum

Vitalik Buterin, the superstar’s programmer, invented Ethereum, which can do everything Bitcoin can. However, its purpose is primarily to be a platform for building decentralized applications. Block chains are where the differences between the two are. In principle, the Bitcoin blockchain records a type of contract that specifies whether funds have been moved from one digital address to another. However, there is a significant extension with Ethereum, as it has a more advanced language script and has a more complex and wider range of applications.

Projects began to sprout at the top of Ethereum when developers began to notice its better qualities. Through symbolic sales to the crowd, some have even raised millions of dollars, and this is still a continuing trend to this day. The fact that you can create wonderful things on the Ethereum platform makes it almost like the Internet itself. This has led to a price jump, so if you bought Ethereum for $ 100 earlier this year, it won’t be valued at nearly $ 3,000.

Monero

Monero aims to resolve the issue of anonymous transactions. Even if this currency is perceived as a method of money laundering, Monero seeks to change that. In general, the difference between Monero and Bitcoin is that Bitcoin has a transparent blockchain with every public and recorded transaction. With bitcoin, everyone can see how and where the money was transferred. There is some somewhat imperfect anonymity of bitcoins, however. In contrast, Monero has an opaque rather than transparent transaction method. No one is sold this way, but since some people love privacy for any purpose, Monero is here to stay.

Zcash

Unlike Monero, Zcash also seeks to solve the problems that Bitcoin has. The difference is that instead of being completely transparent, Monero is only partially public in its blockchain style. Zcash also aims to solve the problem of anonymous transactions. After all, not everyone likes to show how much money they actually spent on Star Wars souvenirs. Thus, the conclusion is that this type of cryptocurrency really has an audience and demand, although it is difficult to determine which cryptocurrency that focuses on confidentiality will eventually come out on top of the pile.

Banker

Also known as the “smart token”, Bancor is a new generation standard for cryptocurrencies that can hold more than one token in reserve. In general, Bancor seeks to facilitate the trading, management and creation of tokens by increasing the level of liquidity and allowing them to have an automated market price. Bancor currently has a product up front that includes a wallet and the creation of a smart token. The community also has features such as statistics, profiles and discussions. In short, the Bancor protocol allows the discovery of a built-in price as well as a liquidity mechanism for smart contract tokens through an innovative reserve mechanism. Through a smart contract, you can immediately liquidate or purchase any of the tokens 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 stable for launching and building applications on the platform.

Thesis

An alternative to Ethereum, Tezos can be upgraded by consensus without too much effort. This new blockchain is decentralized in the sense that it is self-governing by creating a true digital community. It facilitates a mathematical technique called formal verification and has features to increase the security of the most financially weighted, sensitive smart contract. Definitely a great investment in the coming months.

Sentence

It is incredibly difficult to predict which bitcoin on the list will become the next superstar. However, consumer acceptance has always been one of the key success factors when it comes to cryptocurrencies. Both Ethereum and Bitcoin have this, and even if there is a lot of support from the early adopters of each cryptocurrency on the list, some have yet to prove their continued strength. However, they are the ones you need to invest in and be careful about in the coming months.