Cryptocurrency Investing and Trading💸

A1: “I would recommend Bittrex. Has a huge collection of altcoins and it’s relatively easy and user friendly to navigate through and perform your transactions.” — Ziad Tannous.

A2: “GDAX” — Alex Povolotski.

A1: “You will be needing a wallet, either a soft wallet or hard wallet and an account with one of many cryptocurrency exchanges out there. Coinbase is one of the popular ones. Most exchanges come with their own wallets so you may not need an extra wallet for that. Then you buy and sell currency, just like you would do on fiat currency FAX pairs (i.e. USD/EUR)” — Alex Povolotski.

A2: “First familiarize yourself about what cryptocurrency and blockchain technology is all about. then go through the top 10 coins in terms of market cap which you can find on this website: CoinMarketCap, go to their relevant official websites and read about them… then consider ICOs as the right ones could give you 10x the returns of more established coins once they hit the exchange after launching and finalizing their campaigns. You can learn more about active, upcoming and recent ICOs on this website: ICO Alert, if you need any further help please know that i am always a message away. Hit me up whenever you need any assistance.” — Ziad Tannous.

A1: “Great! If you don’t have a lot of money, atleast you won’t be tricked into a pump&dumb coin to lose all your money in 1 go. I mean… you won’t be making thousands of dollars per day if you have only a little amount, but you can turn that small amount into a large amount in a couple months.

The main thing you have to do is to start researching coins. Besides, do you have a solid cashflow to fund more investments? Otherwise, try noting down your “imaginary investments” on coins, like when to buy and when you’re selling. Even if you aren’t investing real money yet, you should do your research too, otherwise it wouldn’t make any sense to do the investments with your “imaginary budget”, which is mainly meant for training your trading skills without the risk of losing real money. I wasn’t a supertalent on it, but I did have the motivation to keep trying. I also started investing small amounts of bitcoin I obtained through signature campaigns on bitcointalk.org. I slowly started improving on it.

So in short: Do your research. If you have a solid cashflow, start with investing some real money already.” — Popa pona now at Panda Trump

A2: “I suggest you pick a good ico since they offer very low entry rates. Choose solid ones backed up by a good team, a good business concept and a large community of supporters. Make sure they have the necessary technology to pull this off. Preico offer icos at extremely low preferential rates for adopters and successful ones can give u at least 10× your investment.” — Ziad Tannous.

A1: “The basic difference between litecoin and any other blockchain like bitcoin and ethereum is the time to generate the block- technically they use different POW(proof of work).

Bitcoin uses the SHA-256 hashing algorithm, which involves calculations that can be greatly accelerated in parallel processing. Litecoin, however, uses the scrypt algorithm — originally named as s-crypt. This algorithm incorporates the SHA-256 algorithm, but its calculations are much more serialised than those of SHA-256 in bitcoin. Scrypt favours large amounts of high-speed RAM, rather than raw processing power alone.”— Mayank Agarwal, co-founder at HelpTap

A1: “CoinCap and Blockfolio are the best in my experience. Even then there are minor drawbacks to each. Blockfolio has been the best for me and allows me to track my actual portfolio” — Crypto Jayson, Crypto Enthusiast and Entrepreneur.

A2: “Check out this link. It compares 10 crypto related android apps. Hope I helped out!” — Crpyoworld, crypto medium for daily informative content.