Crypto-bridge is often the first exchange that many coins, especially MN coins, will trade on and therefore are very vulnerable to trade bots that can easily tank the price of a coin. These trade bots generally put up large walls that are very hard to sell or buy through and then do small spot buys in between those walls, gaining 15 to 30% for each swap. They rely mostly on people who want to get into the market quickly that do spot buys and people who are desperate to dump back into BTC to make money and they make a lot of it each day. You can always check the Bridge to see the accounts that are buying and selling. Two of the accounts that perpetrate this the most are gaut01 and Kalder56. If you see their orders, do not fill them and just hang onto your coins.
To calculate the amount of reward per day for a Masternode of a certain coin use this formula:
# of blocks per day/# of Masternodes * reward per block for Masternode
That is all.
What does the ideal cryptocurrency portfolio look like? Is it one with coins that only go up and never go down? No, that’s not possible. No one can tell the future so you will always have ups and downs in the world of crypto. Instead, we will look at the composition of such a portfolio and what kind of coins it should contain by breaking it down into percentages. First, I think 30% of the Portfolio should consist of either Bitcoin, Litecoin, Ethereum, and maybe ripple or a combination of the four. These four, I believe, are strong coins that are less volatile and risky than the others(they are still very risky from an investing perspective, but less so than other alt coins)so they will provide a more stable base in case everything else falls through. These are kind of like your Government Bonds or AAA bonds in terms of stocks and bonds. Another 30% should be in bigger coins and tokens that are fairly well known but have a higher potential than the big four. Examples would include TRON and EOS(generally coins that have a large volume and trade on major exchanges like Binance or OKex). I picked these two because both of them have their own network that other tokens can build on that have launched recently or are launching soon. These provide a bit of security and stability to your portfolio as well while giving you a lot of room for high ROI. The remaining 40% would be more speculative investing and would be small-cap coins. Yes, they are risky, but if you are trading in cryptocurrency, you are probably not the type of person that is trying to avoid risk at all costs because if you are, you are in the wrong market. With this 40%, you can go either day-trade, buy and hold coins that you think have great potential, or do proof of stake coins where you buy coins and then stake or Masternode them to generate more coins to sell for profit.
I personally prefer the staking/masternode coins with a high ROI(think 300%+) so I can get my money back quickly and then just grow my money using house money(in betting terms). Coins I would target in this area would be some of the coins I have discussed recently like High Temperature Coin(HTRC) or BiFrost(FROST) with giant rates of return in terms of staking or Masternode that will allow you both to grow your base as well as cash out coins to reclaim your initial investment. If you prefer just to buy and hold coins, I’d look at coins like ECC, Colossus XT, or other coins that have large potential but are still very cheap right now.
Keep your portfolio somewhat balanced so that you have both massive potential and some safety as well.
Exchange listings are often big events for coins so lets take a look at what happens when coins first get listed on an exchange. We will look at two exchanges in particular, one big and one small because they act in different ways and there will be some strategy as to what you can do to make money when they get listed. The two exchanges we are going to look at are going to be Binance and Coinexchange.io, both of which are on the sidebar.
For Binance, if a coin is not already listed at OKex or another Tier 1 or Tier 2 exchange(volume of exchange above $150,000,000 a day), the price will usually spike within the first few hours of it being listed and then drop back down close to its original price. You can see this with Bytecoin which recently got listed. It went from 1.2 cents to 3 cents shortly after being listed and then has now dropped back to 1.4 cents now. NCash is another example. It hit 450 Satoshi at listing and then dropped back to 200 Satoshi a few days after the listing. A good strategy if you already hold the coin before the Binance listing is to sell the coin immediately after it spikes and then buy back in a day or two later after it has cooled off.
For coinexchange.io, if the coin is not listed anywhere else, it has a good chance of just being a crap coin that the developer in trying to sell to get some cash so after it gets listed, it will start at a high price but then immediately drop down to a much lower price(like 2% of its originally price). What I sometimes do here is set a buy order at 1.5% of the originally first listed price and see if I get the buy in. If I buy in within the first day, I then set a sell price of 2x to 3x my buy-in price and gain 200%-300% returns. I usually never hold on to it for more than a day or a day and a half and if I don’t get my 200-300% returns, I settle for 20-50% returns and just sell off as those kinds of coins generally have no future.
Once again, this is not professional financial advice and I am not a financial adviser, these are just my opinions and what I do in these kinds of situations.
So before I start on this article, I have to say that I do not actually recommend doing this or having anything to do with Pump and Dumps. This strategy seems to work most of the time but it is extremely dangerous to do and you do it at your own risk. You should also not put more than $100 into this strategy at a time because of the high risk involved.
Last time I mentioned Pump and Dumps, I said they were all a scam. That part is still true, but even so, there are certain patterns you can recognize of Pump and Dumps and make money off of them. Generally Pump and Dumps come in 2 or more stages. The initial stage you cannot make money off of, that stage they pump the coin up 400% in 2 seconds, you will never catch this round. After they pump it up 400%, there is usually a period where the coin drops to maybe half of the pumped price. If you want to take this strategy, this is where you buy in(please note that there is always a chance, the coin will just keep dropping to its pre-pump price). Generally after a few hours or maybe a day or two, the pumpers will give the coin a second pump that sometimes even goes above the price of the first pump. You must sell during this second pump and cash in on the profits. Watch the video below as I explain it more in depth with examples there.
As many of you know, I do a lot of Micro crypto-currency trading at exchanges like Cryptopia, Bleutrade, or coinexchange.io, but how do you spot which coins are good or can make you a big profit if you aren’t the first one in on the rumors or information? There are certain things you can look for in the coin charts and graphs to identify coins that may be in for a 20% gain or more per day. First, you need to look for coins where the daily volume is many times greater than of buy or sell walls. If the daily volume is 2 bitcoins and the buy and sell wall of the two prices is going between is 1.5 bitcoin each, then that coin is not a good target because it is very hard for you to get through each day’s buy and sell wall and the coin may not see much movement. If a coin has a volume of 50btc and the buy and sell walls at 10% lower or 10% higher than your buy or sell price are only 1 btc, then that is a good coin to make money off of the movement. The amount you are day trading with should be less than 1/10 th of the daily volume, otherwise you run the risk of making a impassable buy or sell wall for that coin.
You should also look for patterns of dips and rises and set buys and sells at the low and high points because some coins rarely go above or below those points. You never want to get caught up in the frenzy and buy near the high or sell near the low because that is almost a guaranteed way to lose money. Because a lot of the tips are better in video format, watch the video below for a fuller explanation:
The faucet links on the right navigation bar are all free places where you can get Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, and Dash. But how much free coinage can you actually get from these free sources? Here’s a breakdown if you collect at the shortest time interval of once every 5 minutes. This is done when the price of Bitcoin is $7920, these are per day numbers:
Litecoin: 43200 Litoshi
Bitcoin 1728: Satoshi
Dogecoin: 17.28 Doge
Bitcoin Cash: .00004896 Bitcoin Cash
Dash: .00010368 Dash
Total in $(USD)= 32.82 cents, meaning if you did it for a year, you can make $119 per year. This is with no referrals. This, at DOGE’s current price, is just over 100 doge. While this will certainly not make you rich, it does give you small amounts of experiment on with Micro Crypto currency trading to my experience and to run your own experiments.
In my opinion, there are three things that a new coin/company needs to be successful and all three need to work in combination. First, you need a solid product and technology. If you don’t and its all fluff, your coin may well end up being a pump and dump coin. Second you need a good marketing team and some guys who know how to get on many exchanges. If you have the product and technology but don’t have this, your coin may never appreciate to the price it should and could be forgotten because the volume will be very small. Third, you need a good PR and business relations team to secure future partnerships and generate revenue and also talk to your community of investors. In crypto you need your community to generate you hype and increase volume for further growth.
Many coins have 1 or 2 of these things but very few have all 3.
There are a lot of ICOs going on these days and more to be coming out in the future. What should you do with these ICOs to maximize your profit? What should be your mentality be when you buy these Tokens or coins? This article will hopefully give you a bit of insight on how to utilize ICOs to the Max.
After watching coin price charts after an ICO or after when coins first get listed on exchanges I have noticed that many initially explode 3-5x their pre-ico value. Many people just hold or “HODL” and hope that it keeps rising. I do not believe in this strategy as I think it is foolish. Most of these coins after the initial spike usually drop down to near their ICO price or slightly above it. Therefore, in my opinion, after you see a 2.5x spike or more of your initial buy price, you should sell, lock in the profits and wait for the coin to drop to buy back in for more coins or use the extra money to buy something else. Some of these coins even drop below their initial ICO price and stay there for a long time and in those cases “HODL” is certainly not a great strategy to use.
“HODL” is essentially a strategy of buying into a coin or company and then praying that it goes up forever. Since you are holding no matter what, it doesn’t matter what news or events happen, you just hold until eternity or until you die of old age. You can make much more money just by paying attention to news and headlines and buying and selling accordingly. Also holding forever onto new ICOs is generally a bad idea because they are like penny stocks, many of them will fail so if you see a 400% increase on your buy-in value, don’t hang onto it hoping to make 2000% because 95% of the time, it will not happen. Just look at the PAC example. I bought 10 million old PAC for $100. That $100 became $3500 but unfortunately I was trying to hold on until $10k and now its crashed back down to $150 and I’m not sure if or when it will go back up to its peak again. Now I’m still up on my initial investment but for those people that bought when it was at 1 Satoshi and didn’t sell at 3 Satoshis, they have lost 85% of their money and it may be a long time before they can ever hope to see those kinds of prices again.
Also if you sold at $3500 or even $1500 and waited for 2 weeks, you could have bought in all the coins you originally sold out and still have $1000 left over to invest in other coins.
They key to ICO investments is not to hold on forever but to have a realistic goal that you can achieve and then lock in those profits once that target is hit. That goal should not be more than 5x or 10x your original investment and when you hit that target, you should sell out and lock in your profits. If you see that ICO coin fall back close to the ICO price, buy back in at less than half the price and then take the extra money and invest in something else.
Crypto is not a space for large regrets. You can’t lament that you only made 400% instead 1000% because you sold too early. Making 400% by selling too early is much better than losing 50% because you sold too late and now you can use the 400% profits to buy other investments. You shouldn’t think you lost out by “only” making 400% profits, you should have the mindset that now you have 300% more money than you did before. I believe this strategy of selling at spikes for ICOs is much better than holding over the course of many ICOs and you will continue to make money if you follow this strategy.
So, we are all afraid of being caught on the wrong side of a Pump and Dump scheme and buying in near the top only to lose almost all our money when everything eventually tanks. I will attempt to explain how to deal with things if you get caught up in one, and how to spot common strategies. It is highly advised you watch the video at the end of the segment to get visual representations of what I am talking about.
A common strategy pumpers will attempt to use is to buy repeatedly small amounts of a coin over a small time period. This is usually done in micro crypto currencies. Buy in 10 cents worth of a certain coin over and over again, makes it look like there are many people buying the coin and can get other people to buy larger amounts of the coin, therefore pumping the price higher. This strategy is also used sometimes to tank a coin by selling small amounts of coin over and over again to make it look like everyone is selling to trigger a cascade so the dumper can buy in later at a much later price and profit. If you spot this, just hold on tight because after the pump or dump is over, the price of a coin usually returns to what it normally was.
If you see a small coin suddenly spike up in price and the overall market is pretty much still, you should first check to see if there is any news about that coin. If there is not, then someone is probably pumping. Do not buy when the price is already going up because at some point that you cannot guess, they will start to dump and you will lose money. If you do impulse buy and then you suspect someone is pumping a coin, then use the “20%” rule to secure gains and limit losses. Basically if the coin moves either way by 20% of your buy in price and you suspect a pump and dump, sell immediately. If its being pumped, you’ve just gained 20%. Yes, you may not gain the 150% that would be possible but you still made money and you don’t risk losing it when people start dumping. If it goes down by 20%, then you know that the dumping has started and you want to get rid of it before any more losses occur.
Using these simple methods, you can:
a) Spot a pump and dump and not get involved
b) Get out while either securing and small gain or limiting yourself to a small loss