Crypto Academy Lesson 7: How to Invest in Cryptocurrencies - Part 2 – by @besticofinder
Hi everyone, welcome to this week’s lesson 7. In this homework task post, I will be answering this week’s task on investing in cryptocurrency part 2. Like I usually say, investing in crypto is one of the most popular questions people ask in the cryptocurrency world. I will be giving my opinion and knowledge about two projects I feel is worthy of keeping a close eye on, what the project are about and the key elements about them. I have to say, this lesson 7 by the Steemit crypto professor @besticofinder is really awesome because it is a subject a lot of persons in crypto currently are interested in.
Klever (KLV)
Klever (KLV) - Project Concept
Klever Wallet is a decentralized multi-crypto wallet ecosystem that supports a variety of cryptocurrency assets. It has an intuitive and easy to use interface, focusing on secure and faster cryptocurrency experience. Klever has a mobile multi-crypto wallet available for Android and iOS. The Klever ecosystem comprises of the Klever App, Klever OS, Klever Swap… With Klever Blockchain, Klever Exchange and Klever Bank set to launch in 2021. The Klever token is known as KLV.
Klever (KLV) - Social Reach
Klever has a very good social reach and are present on different social platforms. Klever has quite a large community and following on their social media platforms, over 62k members on telegram where they are in close contact with their community. Their twitter handle has a large following of over 160k followers, giving them a wider social reach and communicating platforms with their users. They are both active on twitter and telegram as both platforms are their major communicating platforms.
Klever (KLV) - Project Purpose
The main purpose of Klever is to become the simplest, most useful and secure crypto platform. To provide a decentralized, simple, yet secure and versatile non-custodian multi crypto wallet. The wallet supports the major blockchains networks and offers over three hundred trading pairs in the Klever Swap, giving direct access to ethereum and tron-based DApps in the inbuilt Klever Browser.
Klever (KLV) – Team
Klever has a team of skilled developers and professionals working on the same vision and goal. The company has been building solutions in the blockchain and cryptocurrency world for over four years. The team have grown to over 60 members, which includes developers and experts from different parts of the world.
Klever (KLV) – Response From the Market
At the moment, there are other of very good mobile non-custodian multi crypto wallet in the market which are also doing a good job as well. However, when it comes to crypto wallets that have their own ecosystem and token, there are not that many in the game. Klever is probably the only crypto wallet with an ecosystem of sub projects.
- Market capitalization: $319,996,839
- Liquidity and trading volume: $5,156,891.85
- Circulating supply: 3,381,323,623 KLV
- Active addresses: 119,562
- Maximum supply: 10,000,000,000 KLV
- Transaction count: 14,114,253
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Trust Wallet (TWT)
Trust Wallet (TWT) - Project Concept
Trust wallet is a decentralized non-custodial multi crypto wallet that supports a variety of blockchains and cryptocurrency assets. Trustwallet provides users with their private keys and seed phrase to ensure that users have full control of their funds and cryptocurrency assets. Trustwallet is an intuitive and easy to use wallet with a clean and simple interface, focusing on secure and amazing user experience. Trustwallet is available for Android and iOS.
Trust Wallet (TWT) - Social Reach
Trust wallet also has a very large social reach and are present on different social platforms as well. Trust wallet has very large community both on twitter and telegram with over 425k followers on twitter and over 250k members on telegram. Their social reach is massive and considering that they are now owned by binance, their social reach is even bigger and would continue to grow. They are very active on their twitter handle and their telegram group which are their major communicating channels, giving them a wider social reach and communicating platforms with their community members. They are also present on reddit.
Trust Wallet (TWT) - Project Purpose
The main purpose of Trust Wallet is making crypto more accessible to users. It aims to provide a decentralized, intuitive, secure and easy to use multichain wallet with support of multi cryptocurrency assets.
Trust Wallet (TWT) - Team
Months ago, Klever it was announced that binance had acquired Trust Wallet which means that the development will be handled by the binance team. The binance team is made up of super skilled programmers and professionals with great knowledge of blockchain and cryptocurrency.
Trust Wallet (TWT) – Response From the Market
There are other of very good mobile non-custodian multi chain wallet in the market but not that many that can rival Trust Wallet when it comes to ease of use, simplicity and the amount of support of various blockchains and cryptocurrency assets.
- Market capitalization: $140,954,056
- Liquidity and trading volume: $10,582,342.02
- Circulating supply: 250,926,200 TWT
- Active addresses: 206,636
- Maximum supply: No Data
- Transaction count: 1,573,393
Hello @designieplay ,
Thank you for submitting homework task 7 ! You have done a comparison between Trust Wallet (TWT) and Klever (KLV) with a fundamental analysis. nice work [6]
Thank you
That’s pretty simple these days. Just download a crypto exchange or wallet to your phone/laptop/PC and buy crypto. That’s it. Simple as that. I use Kucoin and Hotbit exchanges, and I also have an Exodus wallet, but you can choose what you think is the best for your needs.
This way you can both Hold your crypto or you can invest in day trading. I used to Hold my crypto, but now we are in the middle of a bear market and my finances are really low. That’s why I started with day trading. If you thinking about starting day trade, you should first join some “insider groups” on Telegram so you get the signals before other people. I use CTE Channel on Telegram. They manipulate the prices of some cryptocurrencies. That way the group members pump the low-price coins and sell them to outsiders for much higher and take the profits. I use these groups for a few months now, and it’s a good way to earn some extra cash.
Nowadays, investing in cryptocurrencies has become very relevant, although the purchase of NFT shares is also gaining popularity. Indeed, over the past year and a half, the market has changed a lot, and now investing in NFTs is one of the most profitable investments. If you are interested in this topic, I recommend reading more about NFT stocks here https://blog.alphaguilty.io/best-nft-stocks . They explained why so much attention is now riveted on them, and even shared information about which stocks are the best to date.