Hi! everyone all over the world, as usual ! all of you know’s, I always carry you along with any information about good crypto related projects through my blog.
INTRODUCTION:
Millions of new investors began trading cryptocurrencies. Of course, as with any investment vehicle, there are many different trading strategies, so it’s important to identify which one suits you best.
To be successful in the world of cryptocurrency trading you must know the market very well, but above all, you must know yourself. Perhaps this is even more important than knowing the market, and your future in the world of crypto may depend on this level of self-honesty.
In general, there are four types of cryptocurrency traders based on the time they take between the opening and the closing of an operation (between buying and selling or vice-versa). You can combine two or more strategies, but the important thing is to know how to distinguish them and the differences in each one. From shorter to longer times, the types of trading are:
Scalping:
Scalping is a type of cryptocurrency trading which is based on buying and selling almost instantly. It is perfect for those looking for a fast trading style. The scalper does not take his eyes off the screen, seeing the variations in real time.
These trades typically don’t last more than 5 minutes.
This type of trading requires a lot of leverage to obtain considerable profits, and it involves opening and closing many operations on the same day. The idea is to bet a lot of money to get very little profit but in a brief time.
The analysis of trends is not very important in this type of trading because short-term predictions are less accurate. If you are a scalper, you must know how to make quick decisions. You cannot “get attached” with a coin, and you must be very strict with your limits of Take-Profit and Stop-Loss.
Day Trading:
Day trading is a short-term trading strategy that consists of opening a few positions at the beginning of the day and closing them at the end. This way, there is a greater range of action and a quieter period of operation, controlling the risks of leaving a trade open for a few days and suffering a change of trends by an unexpected event. i.e., if you live in the United States and leave a position open, bad news from Asian governments may cause a fall while you sleep. In the same way, some good news may generate an increase, but at the end of the day, what matters to the Day Trader is having control over the information.
The most common candles daytraders operate with are candles from 15 to 30 minutes. Sometimes they observe 4-hour behaviors to see if their trading is part of a trend.
They use indicators and technical analysis. The most recommended ones are the MACD and the RSI.
Swing Trading:
This is the most common type of trading in the cryptomarket. Generally, because of the significant volatility of altcoins, traders buy a currency and then change it to USD, BTC or ETH only to buy another altcoin and thus maintain their wave of profit (most altcoins are quoted mainly against Bitcoin).
Swing trading cryptocurrencies consists of opening trade and leaving it for a reasonable period of time, from hours to several days. They generally use candles from 12 hours onwards with other essential indicators. One that is not usually missing is the volume of the market. The use of technical analysis is of great importance.
The most common indicators are the MACD, RSI, Stochastics, however many prefer to use other signs that provide a more general view of market behavior: Fibonacci Regressions, Gann forks, Bollinger, EMAs, etc.
Position Trading:
Position trading is a trading strategy that is more “investment” than “trading.” It consists of opening positions and leaving them for several weeks to years. It requires extensive knowledge of aspects beyond the technical ones. Long-term investors are willing to take a significant amount of risk in favor of the possibility of making a considerable amount of profit.
An in-depth study is necessary to know the reliability of each move that is made, for this reason beyond the technical analysis, traders must continuously apply fundamental analysis studies.
The most common candles studied go from 1 day to 1 month depending on how willing investors are to maintain their position.
But above all, as serious as the trading world may be, make sure you enjoy your trip.
In reference with the motion of this article, Today! I will be presenting you a particularundisputed project called:Tokenmom
WHAT IS TOKENMOM?
Tokenmom can be describe as free CryptoCurrency Decentralized Exchange built for the benefit of Traders and Investors.
Tokenmom is anonymous and do not need to sign up for trading. It is the true & free decentralized exchange that helps to trade in realtime between individuals by using personal wallets(Metamask, Ledger nano hardware wallet)
At the same time as Tokenmom is open, the FEE for buy / sell or maker / taker for all transactions is 0%.
After the trial run for the next two months, we plan to have a maximum of 0.05% even if the fee is applied. But we will stay in FREE SERVICE as we can.
Tokenmom is due to the development of decentralized exchange as much as possible, and in order to maximize the profits of investors, our goal is operating a stable decentralized exchange rather than getting more fee.
In addition, tokenmom’s TM Token is compensated for 40 percent of the total supply for free, and thus strives to activate the exchange transaction.
MORE DETAILS ABOUT TOKENMOM
Tokenmom is a free decentralized crypto exchange created in 2018, aims to be a leader and innovator in its market.
Tokenmom.com launched in 2018, and amongst other reliable features it allows its users to trade their tokens or ICO tokens earlier than traditional exchanges.
Even though decentralized exchanges are growing in the market ICO investors face long waiting times before being listed.
Tokenmom’s goal is to overcome that barrier but allowing all tokens (Ethereum based ERC20 and ERC721) to be traded, including those not listed in the exchange market. One other key feature that distinguishes us from other exchanges is that we don’t require you to sign up to our exchange, there’s also no deposit or withdrawal required. Users can import an existing wallet, create a new tokenmom wallet or login with a Metamask wallet, and they can then trade their tokens in realtime, anywhere, anytime in a PC or mobile device.
Tokenmom has made it possible for users to trade all ethereum based tokens via their personal wallets regardless of other exchanges’ listings – another key differentiator from traditional exchanges.
Tokenmom is a secure platform, providing guarantees to users that, even if the exchange is hacked or closed, their tokens will still be listed in their personal wallets.
All users using the Tokenmom exchange will be compensated at a certain rate according to the trading amount (up to 110% of gas fee and costs paid) The compensation rate is up to 40% of the total supply, and when 40% of the total supply is exhausted, it ends. Also, in order to maintain the exchange, to prevent fraud and to refer to the TM token price, the reward is up to 80% of the fee paid in the transaction per transaction, and the rate may change from time to time in operation.
By providing TM points according to the amount of transactions made by the users, payment request can be made with TM token when obtaining a required quantity. It will be paid on a monthly basis.
The reason for not paying the TM tokens immediately at each transaction is to reduce unnecessary gas fee because the ethereum token transfer fee may be higher than the TM token price. So we are giving TM points temporarily.
TOKENMOM FEATURES
★ No Signup Needed
★ Easy & Simple Interface
★ Lowest Trading Fee(Exchange FEE is 0%) Only USDC Market FEE will be applied.
★ No KYC & No Deposit
★ All Ethereum Based Tokens’ Trading
★ Safest Trading & Blockchained Transactions
★ Multi Languages Supported Interface
★ Free TM token to Tokenmom users and Referral System
★ Mobile Trading(you can trade any erc tokens via mobile phone)
★ Reward program (up to 90%~110% of the TX Gas fee and exchange fee for each transaction)
★ Referrer program (10% for every transaction by friends and referred users)
TOKENMOM ROADMAP
1. Feb 2018 – Anonymous decentralized exchange research begins
2. May 2018 – Gathering of highly skilled development team
3. June 2018 – Start building decentralized exchange
4. Dec 2018 – Launch of tokenmom.com over 700 coins for FREE and reward TM to users. TM token sales
5. May 2019 – Listing TM on other exchanges
6. Jan 2020 – Launch new & free decentralized exchange with using NEW blockchain (1TM: 2 NEW COIN SWAP) We will do as possible as we can, More DEX ECOSYSTEM with TM at FUTURE.
TOKENMOM TEAM BOARD
Jinsu Kim : CEO & Cofounder,https://www.linkedin.com/in/jinsu-kim-70b0a4177/
Daniel Soo : Chief Strategy Officer & Director,https://www.linkedin.com/in/daniel-soo-816407178/
Donggyu Choi : Chief Technology & IT specialist,https://www.linkedin.com/in/dong-gyu-choi-406408178/
Daeho Ra : Chief Platform Officer,https://www.linkedin.com/in/daeho-ra-3687a1177/
Li Ming : Chief Developer Manager,https://www.linkedin.com/in/liming16/
Sarlongda : Chief Developer & Manangement
Lara P : Chief Project Manager,https://www.linkedin.com/in/lara-p-b6776146/
Vilay Hong : Web Developer
Heyri Yu : Marketing Manager,
Miles Zabala : Marketing Manager,https://www.linkedin.com/in/miles-zabala-a14859171/
TOKENMOM ICO AND TOKEN ANALYSIS
Tokenmom Exchange Token(TM) Tokenmom Exchange introduces its own TM ™ token. It sells only 40% of total supply, and it does not proceed with ICO etc, which can only be purchased on Tokenmom Exchange. In order to maximize the profit of the initial investors, the price will be differentiated step by step(8 step) and so the earlier investment profit will be maximized. The target price of TM Token is 0.01 $ (about 11.3 KRW).
TM Token – Supply Information – TOTAL SUPPLY(100%) : 2,000,000,000 – TOTAL SALES AMOUNT(40%) : 800,000,000 – 1TM : INITIAL PRICE 0.00004 ETH, 0.004415 USD, 5 KRW)
◆ 40% of TOTAL SUPPLY : All users using the Tokenmom exchange will be compensated at a certain rate per transaction in Weth market(up to 90%~110% of gas fee and costs paid)
The compensation rate is up to 40% of the total supply, and when 40% of the total supply is exhausted, it ends. Also, in order to maintain the exchange, to prevent fraud and to refer to the TM token price, the reward is up to 90%~110% of the tx fee paid in the transaction, and the rate may change from time to time in operation.
By providing TM points according to the amount of transactions made by the users, payment request can be made with TM token when obtaining a required quantity. It will be paid on a monthly basis if you request TM coin at reward page when you earned over 10,000 TM.
★ Contract Address : 0x554b520b298be389f0d87bf3376eb4d6510456ec
★ Go to buy TM token :https://www.tokenmom.com/exchange/TM-WETH
ICO START: January 1, 2019
ICO END: March 20, 2019
★ TOKEN TM
★ PRICE $1 TM = 0.00003 ETH
★ SOFT CAP $2 000 000
★ HARD CAP$4 000 000
★ PLATFORM Ethereum
★ BUY WITH ETH
★ ICO LOCATION South Korea
★ KYC not required
MY OPINION CONCERNING THIS PROJECT
In my own perspective, I can seeTokenmom as an innovative, incomparable and undisputed project with a great vision and unique ambition to be the most smartest and respective projects in the nearest future all over the globe.
CONCLUSION:
Nowadays a lot of projects are being created in different countries, But not much of them with solid standard and good qualities as Tokenmom does.
Thanks to Blockchain Technology and Tokenmom Platform for introducing better and incomparable ideas in the World Climate Change
For more or further details, please! Kindly follow the links below:
- WEBSITE: https://www.tokenmom.com
- WHITEPAPER:https://www.tokenmom.com/whitepaper_eng_1.1.pdf
- ANN TREAD:https://bitcointalk.org/index.php?topic=5088587.0
- TELEGRAM:https://t.me/joinchat/JTRUsA3uCziUcGwt_3u79A
- TWITTER:https://twitter.com/Token_Mom
- REDDIT: https://reddit.com/r/tokenmom
- MEDIUM:https://medium.com/@tokenmmom
AUTHOR:
BITCOINTALK ID Name: DEWI08
WALLET ADDRESS (ETH): 0x53D1Ea8619E638e286f914987D107d570fDD686B
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