FAQs
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What You Need to Know?
A cryptocurrency is simply a digital currency. Use a dollar bill as an example: pull out a dollar from your wallet and take a look at the serial number. The paper itself has no value, it’s that serial number that is worth the price marked on the paper. That’s all crypto is, minus physical paper. You’ve got the serial number, and a permanent ledger known as the “block chain” to keep track of your currency. Pretty simple huh?
Altcoins, or alternative coins, are coins aside from Bitcoin. So if you trade anything other than Bitcoin, you trade altcoins!
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There are many exchanges that will sell you crypto, but be careful, many are scams who will steal your money and/or your personal information. To avoid these scams, we recommend you use Binance and Coinbase. You can buy your crypto at Coinbase and send it to Binance for trading. These are the most widely used and trusted exchanges.
“investing is a unique kind of casino-one where you cannot lose in the end, so long as you play only by the rules that put the odds squarely in your favor.”
Our analysts practice several methods of analysis including:
1. fundamental analysis-currencies are valued by the relative strength of one currency with respect to another.Some of the indicators that fall into the realm of fundamental analysis include the company whitepaper,
functionality, utility, developer team, and many others.
2. technical analysis-The utilization of charts, order flow, and indicators to paint a clear picture of supply and demand.
3. market sentiment analysis-The feeling or tone of a market, or its crowd psychology, as revealed through the activity and price movement of the assets traded in that market.
Our picks are thoroughly researched to narrow the playing field. We are left with a few emerging, often low-priced currencies in which we see big potential.
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