Please me Im new to trading cryptocurrency. What is the best crypto that I should start to trade? Any expert advice?
Depends on what kind of trading you want to be involved in. Long term / short term / day trading etc ...
There are many strategies one can follow. Whatever you do, be very careful and with strict money management.
In the longer term space, I believe it makes sense to have a small portfolio with different sectors represented. I focus on energy and healthcare generally.
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN][PEF] Prosume's Pre-ICO: decentralizing power for a better future.
by
oleknudsenbit
on 23/10/2017, 11:33:33 UTC
This does look very promising, looks like the real deal.
I believe this area is where the real upside is possible going forward - massive market, natural integration of crypto and trading is obvious. Which projects do you think one should have a look at ?
Be careful in the energy space. Always make sure that the projects that you support are clear with its professional teams. They also need to have an upside that goes beyond the "normal" upside of the underlying business ex blockchain to prevent a massive losses.
I believe this area is where the real upside is possible going forward - massive market, natural integration of crypto and trading is obvious. Which projects do you think one should have a look at ?
There are some projects that are energy based such as wepower and a lot more. It's great that developers are taking advantage of cryptocurrency to help the environment. I think it's good to contribute to this projects because this way we can utilize both cryptocurrency and our environment in an effective way.
I totally agree. Here in Scandinavia it has been something we have focussed on for a long time. Integration of blockchain technology is great as well, but let's be serious - most of these projects do not have anything to do with the the integration per se, and most are just pure players playing on the solar or green energy boom without the necessary contacts or teams or backgrounds to do anything beyond what normal solar companies have done for ages - and it does not take away from the challenges - i.e. if the returns on solar collapse as they have already done a few years back, the tokens are more than vulnerable.
The solution has to be more holistic I think. Wepower has no place at all as being an "energy project" I think. They are not providing any long term changes and advantages from the deregulation and decentralisation that will be like a massive boom.
Energy projects for me seem a bit difficult to comprehend, there are some practical questions which i need answering, who generates the energy? How does it reach the consumer? And is the consumer willing to get involved with payments in crypto currency?
Well, I believe it depends on the project - some are just for investing which I think is rubbish, but then others have wide reaching plans - I am looking into Prosume Energy and have some questions I will ask them - they seem to have the most competent energy team and a wide range of applications.