Thanks for the responses guys. It is more clear now.

Myetherwallet does show the pre ICO coins that I transferred there. Do I just leave them there?

I intend to hold the coins for years and hopefully liquidate when the price is higher. Once the exchanges list this coin I guess I will be able to transfer them easily out of MEW and sell them?

Also what similar "wallets" do you guys use for coins that are not supported by Ethereum (based on ETH blockchain-not sure how to say this)?

Thanks
BKN

Hey guys!

Can someone help plz.

I invested in one of the pre ico coin sales. I went to the website of this ICO, registered, and sent ethereum from my exodus wallet to this websites eth address. In couple minutes my account showed the tokens instead of the sent ethereum. It converted automatically.

Now I am trying to transfer my tokens/coins from the original website to myetherwallet. But I am genuinely confused.

How does Ethereum wallet work? I tried googling it but still cant figure it out. Does MEW support most tokens and gives me an opportunity to add new ones?
How is myetherwallet different from electrum, exodus besides the fact that it is online.

I added custom coin (bought at the presale ICO) and now myetherwallet says it is loading. I didn't even register for myetherwallet just did private keys from exodus.

Someone maybe can shine the light on this in simple language. Would be in debt forever.

Cheers from Eastern Europe

thanks for the reply mate.
How do I download Electron Cash, I google it but no results.

Hey guys,

I am genuinely confused about this part. I have bitcoins in my electrum wallet. How can I get bitcoin cash? Now that August 1 has passed there are no Bitcoin cash in my wallet. It still shows just bitcoins that I had before.

Please help me out in simply language what should I do? Should I download the electrum wallet again?

I support original bitcoin and want to just sell Bitcoins cash if I can somehow get it.

cheers!

I understand your point. Registetion before hand will help. Also, I think the projects should state on their website where their tokens will be traded. This way we can have heads up. Once I sell the tokens I then need to wire the cash whether it it profits or losses to my bank account. I hope these exchanges where icos are listed have this option as well.

Thanks for the replies guys. Good advice.

Coinmarketcap does indeed show the exchanges where recently added coins are traded. The thing is they are all very different. I checked 7 icos that were added today on coinmarketcap and they are traded on totally different exchanges- I did not even know there were so many exchanges.

So my plan to register on couple exchanges beforehand and sell tokens after icos will not work out. Since they are listed on different exchanges I will have to register on all of them. The worst part is that identity verification on these exchanges take very long. And it will be like a week or two after the ico that my account will be approved.

Do you reccomend any way to go about this?

As I mentioned earlier I was looking to sell the tokens on the first couple of days after ico would happen.

Cheers!

Hey guys,

I have been in altcoin investing for a couple months now. I do my due diligence on the altcoins that already exist on market, pick the altcoins that I think can make it long term, buy them and store them safely in my wallet. My plan is to forget about them and hopefully in 3-7 years at least one will hit the home run.

However, after observing the ICOs I noticed that a lot of money can be made in them short term. And that is what I am trying to do. Here is my question though.
Lets say I found one project that I like. I go to its very own website, follow the instructions, create local wallet and buy and store the tokens there. Great! Now the ICO day comes along and I see that the price of these token (currency) has increased 300% and I would like to sell my tokens so I can cash out.

Where exactly can I sell these tokens. They are so new will they be listed on any exchange?? If this is a case crypto exchange has to list the mentioned altcoin on their platform or is there any other way. According to my analysis, it is best to sell these tokens in the first couple of days no matter if the price goes up or down during this period.

Please recommend any websites where I am able to sell these tokens the moment the ICO starts. It would be unfortunate not being able to sell the tokens in the first couple of days after ICO and keep all of them for long term. Because I am sure that most of them will fail and lose value over time. The ones that I really believe in I will keep long term.

Peace