The rise in interest in the cryptocurrecy market has been good for many reasons. It has not been without challenges but I think for the most part things are looking up.
One of things I'm most found of is the rise in alternative sites for information that are coming up in this space. There are more and more sites out there that show token data in ways that matter to users of cryptocurrency — whether as an investor for store of value, or trader or as an active everyday user or all the above. The number of resourceful sights is growing.
One of the hardest things to figure out when I first started out in crypto what which coin to buy. I'd start by following the hype then digging deeper into the hyped coins to see if they were real projects and also to find out what kind of growth they've had so far to see if there is potential for more growth in the near future. I've found two websites that track token data from ICO that I find very useful:
TokenStats.io
Allows you to view prices in USD, BTC or ETH. Has the usual sorting options. Only list completed ICOs. They also have a Telegram channel for news.
TokenData.io
They also track tokens and coin from ICO. Prices are in USD only. Their advantage is that they allow you to create at account so you can track your portfolio. They list active and planned ICOs. They also link to all the project whitepapers for reference. They also have a blog and Telegram Channel you can join.
I like these two sites very much because they show the growth of each coin/token since launch. So when lambo? When moon? Well, according to these sites you'll need to hold for at least a year if you want good returns, and that's assuming the ICO you are buying into now has a solid team and project. There are many that have flopped as you will see in the lists.
So if you are already high on your favourite ICO, or the ICO favoured by your favourite YouTuber, I suggest you take time to sober up, and hold on to your day job! Lambo and moon may come (or not), but it's not tomorrow when the coin hits the market, or next week when the CEO speaks at a conference. Nor is it in three months when the main net launches. Give that coin at least a year — if it's a good one.
thanks for reading,
see you on the next post
-pink dust
my places
--Trade alt coins! Join Binance.com
---BUY BTC/ETH with visa/mastercard
----CEX exchange load account directly with visa/mastercard + withdraw with a chargeback
-----Get fiat without cashing out your crypto
image from: http://clipart-library.com
This is not financial advise.