How Do I Know Which Cryptocurrency Vs Coin Will be the Best?Posted by Mahoney Malik on April 26th, 2021 A coin can be an unmounted, round metallic object, usually manufactured from plastic or metal, used mostly as a means of monetary tender or trade. 커뮤니티 They are usually standardized in mass quantity and made at a central mint so that you can facilitate quick trade. Sometimes they are also issued by an issuing government. Usually coins contain images, text, or numerals in it. There are different types of coins. The two most typical will be the penny and the gold coin. Other kinds are the platinum coin, the silver coin, the palladium coin, the aluminum coin, and even the digital coins. Actually there are several dozen types of digital coins, including Peer-to-peer (PTP) cash, mobile money, electronic check, e-gold, and colored coins. Let's take a look at each one. Peer to peer cash involves making use of your computer and the Internet to transfer funds in one online location to another. You could do that without ever leaving your house. There are a few different ways to go about setting up a Peer to Peer network. The simplest would be a software like the Shapefile software that creates a "chain" of addresses between various computer "servers". Another popular way is through a smart contract. A good contract is a special sort of agreement between two or more entities that allows for the transfer of funds online, rather than through a coinbase. For instance, one might create a Facebook profile that allows users to send a note to other Facebook users. Whenever a message is sent, another Facebook users will confirm their receipt of the message. Another option for an investor will be theICO, or Initial Coin Offering. This is similar to an IPO in real life, except that with theICO, the investors aren't required to deposit any cash in advance. Rather, they agree to "buy" a certain amount of the tokens being sold within an auction. After they have purchased all of the tokens on offer, they own the digital asset named following the sale. This option is often used to finance startups. Lastly, there are two market caps. Market caps are simply the estimated value of the digital coins being sold. Market cap calculation is very complicated and actually has a couple of different methods. The most popular is the arithmetic mean, which uses the average price per coin during the last three years to estimate the worthiness of the future supply. This won't account for future supply and the current supply and demand of the coins. It only factors in the supply that people currently see and it does not element in any potential future supply. I prefer utilizing the discounted asset theory of determining market value. With this theory, you simply add up the present prices of each of the coins in your collection and calculate the worthiness. Discounted assets are those which are not necessarily liquid, but which are easy to obtain and will not immediately lose their value. For example, I would add up today's market price of every of the Metatrader EAs that is becoming sold and their combined value. This gives us our discount rate. This rate is the percentage of your investment that we are willing to purchase each token as we go down the road. So what should you consider when deciding which tokens to get? From my perspective, you should always try to strike the total amount between an active and passive investment. If you discover an active strategy is more profitable, you then should always shoot for high-ticket items such as Metatrader coins and create a diversified portfolio. However, if you only have cash in your pocket and wish to get started quickly, then I recommend going for low-priced tokens and observe how they perform.Like it? Share it! More by this author |