Hi Everyone,
After a week of pessimism and talk of the crash price of bitcoin is back on the rise.
Everyone is scared about August 1st but how does a potential fork affect any altcoins technology? It doesn't. Shift will move forward with phantom. Tokes will monetize their relationships. The key is finding coins that actually serve a purpose.
What does ripple do? Not much. To me it's just hype. Maybe a trading coin. Not a long term coin.
Some good news and a possible reason bitcoin price rising https://cointelegraph.com/news/south-korea-to-soon-legalize-bitcoin-and-ethereum-protect-traders-from-bubble-burst.
I expect many other countries to follow suit.
Below my SIX criteria of selecting a coin.
- Strong development team.
- Unique idea or improved idea.
- Great community.
- Hasn't had a huge pump and dump before.
- Under $50M market cap.
- They buy back and burn their tokens or pay out dividends/distributions
As of right now my portfolio remains the same. If there is a big pump I will take some profits.
Happy Cryptoing!
Solid Information
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Thanks Johnny00!
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Hi Johnny!
Explain this one please, how do i check ?
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That would be in their white paper. Look at Darcrus today. They buy and burn tokens and it pumps with that news.
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Thanks a lot, found it!
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