Discover and read the best of Twitter Threads about #altcoins

Most recents (10)

Fractals should not be relied upon for trade execution, but I don't think it's outside the realm of possibility to see another prolonged Altcoin accumulation phase, similar to 2015, prior to the next true crypto-mania bull run. $ALT $ALTS #Altcoins
Don't forget what sparked the last mania bull run - Ethereum and ICOs. Do we need another similar revolutionary catalyst to get another one started? What might it be? What else could cause venture capital as well as the retail world to pour hundreds of billions more into #Crypto?
If the fractal plays out, then the next moon mission starts some time around October 2020. 🚀🌛
Read 5 tweets
This is unfiltered data at this point. I will create a medium article by tomorrow afternoon.

#Coinmarketcap and their new(ish) top 200 ranking system

#cryptocurrency #crypto #altcoins #ranking #cryptotwitter #CoinCheckup #CoinGecko #Decentralization #CT
Starting from the bottom ranked & working up #coinmarketcap listed coins #2319-1933

All disqualified because market cap cannot be calculated & are not listed on the "correct" exchanges. The projects tagged have the blue question mark. The rest should according to CMC methodology
#coinmarketcap listed coins #2319-1933 (All disqualified from top 200, tagged projects have the blue question mark)

Read 11 tweets
1/ A few observations on #bitcoin, #tether and #crypto regarding what happened in the last 30 days or so. $BTC $ETH
2/ Obviously we all saw that, despite the unwillingness of #tether to provide an audit, there now seems to be enough public or non-public information available to the NYAG for them to allege that $USDT were, at least for a time, not backed up with USD.
3/ Furthermore, the cited conversation between Oz and Merlin shows beyond reasonable doubt (to me) that the #bitfinex/#tether complex engaged in market manipulation to avoid what would be a black-swan event for them
Read 19 tweets
achievement unlocked: Destroy an entire financial ecosystem in one tweet-thread.

#bitcoin #btc #ltc #altcoins #blockchain #eth #ToTheMoon #reality #logic #truth
If you’ve seen GitS:Innocence, consider this yout Batou-gets-unhacked-in-the-convenience-store moment.
There are already people showing up in this thread that don’t get it.
The data *currently* being handed out en mass is (and always be) only protected by current methods. Those protections will not be able to protect today’s data from tomorrow’s tech.
Read 6 tweets
Altcoin Marketcap vs $BTC:USD - their was an #ALTszn before $BTC capitulation in 2014. #btcusd
Altcoin Marketcap vs $BTC:Dominance -> Their is two main differences between 2014 and 2018:
#1 $BTC Dominance:
- never made a new high in dominance
- BTC gains from ALTs in it's big runs
- ALTs take from BTC after it tops
- BTC takes form ALTs after they top
#2 Margin Trading => the ability to short $BTC, $ETH, $XRP, $EOS, $LTC
- margin platforms take volume from ALTs on Spot
- their was no other way to make money except for ALTs - now you can short.
- shorting creates more selling pressure + buying pressure at reversal points
Read 11 tweets
1)I am seeing an increasing number of people under the impression that #lightning as an overlay bridge network for #blockchains (via atomic swaps) is a great thing for alts.

And they can not be more wrong.

In reality, Lightning is where #altcoins will come in droves only to die
2) At the moment, all blockchains are entirely segregated from one another. The only real bridge that exists today are exchanges which are largely inefficient with enormous amounts of friction, ie. registration, KYC/AML, confirmation wait times for deposits/withdrawals, etc.
3) Friction & segregation of networks protects smaller networks from larger ones consuming & engulfing them. Network theory teaches us that we continually gravitate towards the singularity, after all this is the entire premise of a network. This is evident all throughout history.
Read 11 tweets
Pourquoi avoir une stratégie de cash out?

Il est important tout au long de la montée de vendre vos profits en #bitcoin ou #altcoins dans le but de sécuriser vos gains. Bien qu'on voudrait toujours tout laisser en #crypto, un gains qui n'est pas encaissé n'est PAS un gain.
Premièrement, il faut déterminer des objectifs de ventes pour vos $BTC ou #altcoins (avoir plusieurs prix de ventes) et s'y tenir. Même si la hausse semble vouloir continuer, ne soyez pas gourmand et respectez vos plans. C'est plus facile de perdre que de gagner.
Vos 3 possibilités lors d'un bullrun:
1 - Sécuriser des gains en FIAT.
2 - Déplacer vos profits dans les #alts.
3 - Sécuriser ce que vous voudrez réinvestir en $USDT.

Généralement, je fais les trois.
Read 10 tweets
1/ It seems every #trader has to do the same mistakes as their predecessors. There are #wisdowms you will only understand, if you have experienced them yourself. In this thread I will give you the #wisdom, which can make the difference between being broke and driving lambos #btc
2/ Money is made in big swings

When realizing what profits can be made with trading, many start daytrading and want to #profit from every movement. You won't make more #money. Instead you will lose plenty of time. Watch big time frames and take positions for weeks #btc #trading
3/ When entering a #trade, have targets and a stop loss order

There is nothing more for you to do. There are two outcomes:

-you being stopped out
-you reaching your target

either is fine

realizing losses > being a bagholder
realized profits > unrealized profits

#btc #trading
Read 14 tweets
We're attracted to having large numbers of things.
Some #altcoins should therefore split to unlock latent value; the more utilitarian the $crypto token, the more potential benefit if cheap & numerous.
eg $GEO - large caches seem more bountiful, single tokens have cheap utilities
More examples:
$BLOCK - Service rewards are non-decimal numbers
$FANS - small bets are still whole numbers; big bets are BIG numbers
$DCR - better representation as a currency as well as store of value
Everyone says #Bitcoin is infinitely divisible and wallets can be revised to move the decimal, but no coin to my knowledge has ever done this (instead splitting by fork). Attempts to hack people's impressions, like promoting denomination in bits (100 sat), have failed so far.
Read 6 tweets

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