Thanks for the update!

Comment translated from Russian: "Excellent, cleverly structured project"

Thanks for the feedback - glad you like it!

Absolutely - it works both ways the project running the airdrop establishes a community around it and the community gets free coins to play with. Its a win-win really.

There's a hot token sale coming up

In traditional markets like forex, equity and commodity, trading signals are widely used.

Sometimes these signals are derived based on fundamentals, sometimes opinion and sometimes other algorithms.

Just wandering if traders/investors in the crypto market use any trading signal systems/services? If so would love to hear feedback and experiences!

Full disclosure: I'm developing an AI driven trading signals system for crypto trading, just doing some research into what people are using at the moment.

Thanks have not heard of Ontology - will look into! Sounds exactly what I'm looking for.

Agree absolutely - DYOR is the best advice.

Thanks alot for the feedback - really informative. Much clearer how it works with respect to price when the token/coin goes on exchange!

Got it - so sounds like it is just pure supply and demand then. When it gets listed on exchange people holding the coin/token just come on and place sell orders and if people buy then that is the starting price and it just goes from there.

Hey guys,

Question I have is: once an ICO is over and later an ALT coin/token gets listed on exchange, how is the price of the ALT determined?

Is there for example a formula that is used by exchanges based on ICO sale price or is it just pure supply/demand? So in the case of the latter, does the exchange simply list the coin and let the buy/sell orders drive the price?

Also to add to this question, if an ICO decided to give away ALL it's coins/tokens as an airdrop, can it still be listed on exchange? Or that would not be possible?

Look forward to feedback on this.

You can run a local offline MEW, instructions are here:

https://myetherwallet.github.io/knowledge-base/offline/running-myetherwallet-locally.html

That's probably the safest way to go... doesn't help now obviously but may help someone avoid this in future.

Most people will just advise you to buy what they are already hodling. This is really a big issue in the crypto investment space - trust. Do your own research of each potential coinand make your own decisions. I think we will see more index type investments become available in the crypto market this year which should allow you to spread the risk across a range of coins.

Probably sounds a bit too good to be true - "give us $100 we give you $200"  

Who wishes they were this guy?

All about patience. He may not be a fan of crypto but this advice is still the best.

"The Stock Market (replace with "Crypto Market"!) is a device for transferring money from the impatient to the patient" - Warren Buffett

Additionally looking at market news, reading reviews, trading signals and getting an overall feel for the opinion in the market can be a highly helpful.

Plus have in mind your exit price and stick to it, trade out your positions, take a percentage profit out regularly into fiat (e.g. at the end of the month or weekly).

Trade with logic not emotion and be prepared for the value of your portfolio to dip. If you can ride the dips with nerves of steel, you're half way there!

Still think we are at the very early stages. Bit like the dotcom boom! Right now new coins/tokens emerging every day! Once the bubble bursts - the Google, Amazon, Facebook, Twitter of crypto currencies will emerge. We are some way from that yet, but will be interesting to what the top 5 will be in 5 years time.

Bitcoin is still hit but the end of year slump, tighter regulation and general uncertainty and just hasn't recovered yet. Most likely during the year it will rise up as confidence grows again, cannot see it dropping below $4000 really.

Don't forget to register your interest! 

https://trademindx.com/register

Slightly spammy but thanks... will check it out.

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