If you only focus on few coins I think you can follow all the event, fomo, update etc. But if you want to focus to all/entire coins you can't since you'll missed many event. fomo, news on some coins.
Official project telegram, reddit, twitter, bitcoiintalk, and article (e.g. cointelegraph) is the answer, you'll get fresh update if you always follow those social media and website.
Don't forget you need to do own research and make sure the update/events is not only a rumor or fake.
Topic: How to know coins or token events? - page 2. (Read 236 times)
Hello,
How can I understand the new projects of the coins and tokens and why their price is grows or falls? For example, hard fork, upgrade and etc.
Why the price of a coin like ADA has gone up?
Thank you.
You won't be able to follow the entire crypto market.How can I understand the new projects of the coins and tokens and why their price is grows or falls? For example, hard fork, upgrade and etc.
Why the price of a coin like ADA has gone up?
Thank you.
To begin with, you need to choose 5-10 main projects (10 is even a lot) in which you will invest and several projects that you think will be promising and follow these projects.
The main portfolio of a professional investor consists of 40% of 5-10 coins. The rest 40-45% are stablecoins and 5-10% are shitcoins.
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Events - it's like you do marketing for your product that is not yet known by the general public, so that it can bring in new customers for your product. However, consumers will review the product whether it is worth buying or not.
development - this refers to new technical developments that will implementation to them such as hard forks, upgrades and etc. Take for example ethereum which upgraded to ethereum 2.0 where the efficiency of the network is more optimized and new features were introduced in ethereum 2.0. this will encourage more people to buy ethereum so its value increases. for ADA you can see the technical developments that will implementation to their network protocol
development - this refers to new technical developments that will implementation to them such as hard forks, upgrades and etc. Take for example ethereum which upgraded to ethereum 2.0 where the efficiency of the network is more optimized and new features were introduced in ethereum 2.0. this will encourage more people to buy ethereum so its value increases. for ADA you can see the technical developments that will implementation to their network protocol
Because they were saying that Goguen update will come out this month and launch mainnet for the smart contract platform for ADA. This is important because any token right now or project can do it on ADA platform.
Investors are buying the token and so the price goes up. When its release, I'm pretty sure there is a correction so if you wanna profit, take a percentage of ADA and buy some.
Hello,
How can I understand the new projects of the coins and tokens and why their price is grows or falls? For example, hard fork, upgrade and etc.
Why the price of a coin like ADA has gone up?
Thank you.
How can I understand the new projects of the coins and tokens and why their price is grows or falls? For example, hard fork, upgrade and etc.
Why the price of a coin like ADA has gone up?
Thank you.
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