How to invest in Altcoin / CryptoCurrency - signs to buy & multi-wallets
As there are a flood of over excited experts and the many doom and gloom experts. Everyone has an opinion but -
NO ONE KNOW THE FUTURE FOR BITCOIN, ETHUREUM and the rest of the cryptocurrency outcome and especially the prices and impact will have on all our lives.
I would like to give you some of my suggestions but you must make up your own mind which to invest in and those to watch and those not to invest at all.
Website - have a look at the crypto website, if there is a clear concept (white paper) and if you are confused reading their concept - maybe put it on the fence!!!
(I have found that a good website can be an indication that they have invest time and money and may be a good one to invest in but there are always going to be the ones that fool us all - only time will tell.I look for the team details and I think it is good to have their names, photos, emails and a physical address - at least there is some transparency and accountability.
Have a look where the company is based - there are quite a few in Switzerland.
Some have Service Partners or investors which can be a plus in your decision.
Have a look if their is long term plan and if there are any past achievements, if they have delivered what they have promised and not full of excuses.
How the tokens are divided during an ICO or crowdsale and if there are scheduled to have many more crowdsale in the future.
You can investigate the details and have attached the current top ten today.
Then if you click on a name (if you are new to crypto) you can look at the chart, market's and all their details.
http://coinmarketcap.com/currencies/views/all/#BTC to see the rating and volume over the last 24 hours.
If you are going to invest in "................" (I'm not going to give you which one's to invest in - your choice) then also need to look at the circulating supply as this will help to work out how much your need to buy.
You will need to work out how much money you will invest (short or long term) and need to remove it from the exchange.
Two new wallet Jaxx and Exodus can hold a few different crypto and it is very quick compared to the Electrum wallet.
Jaxx website - https://jaxx.io
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Exodus website - https://www.exodus.io
Looking forward to your votes and comments and have a great weekend.
Exodus wallet looks really dope, I like it <3
Thanks for your comment and just followed you :)
Thanks, I am going to use exodus wallet now, became a fan of it :)
That's good news - 70+ Top Blockchain Projects, Exchanges, & Platforms
Maybe I will do a blog about Jaxx
Thanks for the post @vividrange! I like @davevandewalle also use coinbase, but am going to check out Jaxx as I have been hearing many good things from them lately. Upvoted and followed! thanks again
Thanks for your comment and for following me, just followed you. Thanks
Great advice - and thanks for the tips on wallets!
Right now, I use two products - Coinbase and Trezor. Both wallets above look like good "in-between" products, and, once crypto goes more mainstream and I'm buying coffee with it, both will probably do the trick.
Cheers!
Thanks for your comment and have a look at Jaxx as they plan to have a lot more in the future. (It will be nice to have 10 - 50 wallets in one place - they have 8 now and have huge plans.