Crypto coin trading today
Litecoin was released via an open-source client on github on oct. 7, 2011, and the litecoin network went live five days later on oct. 13, 2011.
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Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence. How do you feel about litecoin today?
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About litecoin
Litecoin price today is $122.79 USD with a 24-hour trading volume of $16,535,755,631 USD. Litecoin is down 28.29% in the last 24 hours. The current coinmarketcap ranking is #5, with a market cap of $8,134,406,402 USD. It has a circulating supply of 66,245,618 LTC coins and a max. Supply of 84,000,000 LTC coins.
The top exchanges for trading in litecoin are currently binance, huobi global, bybit, binance.KR, and okex. You can find others listed on our crypto exchanges page.
What is litecoin (LTC)?
Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.
The cryptocurrency was created based on the bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.
Litecoin was released via an open-source client on github on oct. 7, 2011, and the litecoin network went live five days later on oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.
The cryptocurrency was created by charlie lee, a former google employee, who intended litecoin to be a "lite version of bitcoin," in that it features many of the same properties as bitcoin—albeit lighter in weight.
Who are the founders of litecoin?
As we previously touched on, litecoin was founded by charlie lee, an early cryptocurrency adopter and a name held in high regard in the cryptocurrency industry.
Charlie lee, also known as “chocobo,” is an early bitcoin miner and computer scientist, who was a former software engineer for google. In addition, charlie lee held the role of director of engineering at coinbase between 2015 and 2017 before moving on to other ventures.
\ today, charlie lee is an outspoken advocate of cryptocurrencies and is the managing director of the litecoin foundation—a non-profit organization that works alongside the litecoin core development team to help advance litecoin.
Besides lee, the litecoin foundation also includes three other individuals on the board of directors: xinxi wang, alan austin and zing yang — all of which are accomplished in their own right.
What makes litecoin unique?
Behind bitcoin, litecoin is the second most popular pure cryptocurrency. This success can be largely attributed to its simplicity and clear utility benefits.
As of january 2021, litecoin is one of the most widely accepted cryptocurrencies, and more than 2,000 merchants and stores now accept LTC across the globe.
Its main benefit comes from its speed and cost-effectiveness. Litecoin transactions are typically confirmed in just minutes, and transaction fees are nearly negligible. This makes it an attractive alternative to bitcoin in developing countries, where transaction fees may be the deciding factor on which cryptocurrency to support.
In late 2020, litecoin also saw the release of the mimblewimble (MW) testnet, which is used to test mimblewimble-based confidential transactions on litecoin. Once this feature is available on the mainnet, litecoin users will also benefit from greatly enhanced privacy and fungibility.
Related pages:
Check out bitcoin (BTC) — the original cryptocurrency.
Check out nano (NANO) — another lightweight, fast cryptocurrency.
Get up to date with the latest litecoin updates and discussion.
Subscribe to the coinmarketcap blog for the latest cryptocurrency news and updates.
How many litecoin (LTC) coins are there in circulation?
Like most proof-of-work (POW) cryptocurrencies, the amount of litecoin in circulation gradually increases with each newly mined block.
As of january 2021, 66.245 million LTC have already been mined out of a total maximum supply of 84 million. The litecoin foundation recently estimated it will be well over 100 years until litecoin reaches full dilution (around the year 2140) — since the number of LTC mined per block decreases every four years as part of the block reward halving schedule.
Around 500,000 LTC was instamined on day one after the LTC genesis block was mined and charlie lee and presumably other early litecoin developers were among the first miners.
Despite this, as a fairly distributed asset, the litecoin developers or charlie lee do not receive any direct profits from the operation of litecoin—other than anything they may earn as part of the regular mining process.
How is the litecoin network secured?
As a blockchain-based cryptocurrency, litecoin is secured by incredibly strong cryptographic defenses — making it practically impossible to crack.
Like bitcoin and several other cryptocurrencies, litecoin uses the pow consensus algorithm to ensure transactions are confirmed quickly and without errors. The combined strength of the litecoin mining network prevents double-spends and a range of other attacks, while ensuring the network has 100% uptime.
Where can you buy litecoin (LTC)?
Litecoin is one of the most broadly available cryptocurrencies, as such, it can be purchased or traded on a large variety of exchanges. Some of the most prominent names include huobi global, binance, coinbase pro, okex and kraken.
THETA price (THETA)
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About THETA
THETA price today is $1.62 USD with a 24-hour trading volume of $138,951,273 USD. THETA is down 15.42% in the last 24 hours. The current coinmarketcap ranking is #20, with a market cap of $1,615,378,693 USD. It has a circulating supply of 1,000,000,000 THETA coins and a max. Supply of 1,000,000,000 THETA coins.
The top exchanges for trading in THETA are currently binance, huobi global, binance.KR, okex, and upbit. You can find others listed on our crypto exchanges page.
What is theta (THETA)?
Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in march 2019, the theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by steve chen, co-founder of youtube and justin kan, co-founder of twitch.
Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts google, binance, blockchain ventures, gumi and samsung as enterprise validators, along with a guardian network of thousands of community-run guardian nodes.
Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.
Who are the founders of theta?
Theta was co-founded by mitch liu and jieyi long in 2018. Liu has a long history in the gaming and video industries, co-founding video advertising firm tapjoy, mobile social gaming startup gameview studios, and THETA.Tv, the live streaming platform whose dapp was the first to be built on the theta protocol.
Long is theta’s second co-founder and CTO, following similar multi-year experience in design automation, gaming, virtual reality, and large scale distributed systems. He authored multiple peer-reviewed academic papers and holds various patents in video streaming, blockchain and virtual reality.
Theta now has a modest team, and its official website lists strategic corporate investors as samsung NEXT, sony innovation fund, media investors BDMI bertelsmann digital media investments, CAA creative artists agency, and traditional silicon valley vcs including DCM, sierra ventures and the VR fund.
What makes theta unique?
Theta’s main business concept is to decentralize video streaming, data delivery and edge computing, making it more efficient, cost-effective and fair for industry participants.
The network runs on a native blockchain, with two native tokens, known as theta (THETA), theta fuel (TFUEL), powering the internal economy.
Theta’s appeal is threefold: viewers get rewarded with better quality streaming service, content creators improve their earnings and middlemen — video platforms — save money on building infrastructure and increase advertising and subscription revenues.
Users have an incentive to both watch network content and share network resources, as rewards come in the form of TFUEL tokens.
The platform is open source, and token holders receive governance powers as with many proof-of-stake (pos)-based blockchain ecosystems.
In addition to video, data and computing, theta caters to developers looking to launch decentralized applications (dapps) on its fully featured EVM-compatible smart contract platform.
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Crypto newbie? Find the answers to all your questions with alexandria, coinmarketcap’s dedicated education resource.
How many theta (THETA) coins are there in circulation?
Theta involves two tokens: THETA and TFUEL. THETA exists only for governance purposes, with 5 TFUEL tokens issued per 1 THETA held at the time of the mainnet launch in 2019.
THETA itself launched in 2018, at which time it was distributed to buyers as an ERC-20 token on ethereum. Afterwards, all ERC-20 THETA were converted to native THETA on the mainnet.
The total supply of THETA is capped at 1 billion (1,000,000,000) tokens. It is distributed in various proportions among all network participants, as well as the theta team itself and a reserve pool.
TFUEL is used to power transactions in a similar way to gas on ethereum (ETH). Its total supply is 5 billion (5,000,000,000) tokens.
How is the theta network secured?
Theta uses a financial incentive scheme to ensure user participation in governance activities, and hence its network is secured by its own users.
The network relies on proof-of-stake (pos), and employs a multi-level byzantine fault tolerance (BFT) consensus mechanism to balance security with high transaction throughput.
With the launch of guardian nodes in june 2019, theta ensured that no single entity controls the majority of THETA tokens being staked at any one time.
Where can you buy theta (THETA)?
THETA, as the main token for the theta platform, is freely tradable on major exchanges. Pairs include cryptocurrencies, fiat currencies and stablecoins.
As of october 2020, the highest volume pairs come from binance, with the most popular trading currency being stablecoin tether (USDT).
New to crypto? Check out coinmarketcap’s easy guide to buying bitcoin (BTC) or any other token.
Cardano price (ADA)
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About cardano
Cardano price today is $0.251778 USD with a 24-hour trading volume of $4,685,029,334 USD. Cardano is down 17.76% in the last 24 hours. The current coinmarketcap ranking is #7, with a market cap of $7,833,446,802 USD. It has a circulating supply of 31,112,484,646 ADA coins and a max. Supply of 45,000,000,000 ADA coins.
The top exchanges for trading in cardano are currently binance, huobi global, binance.KR, okex, and biki. You can find others listed on our crypto exchanges page.
What is cardano (ADA)?
Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.
The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
Cardano was founded back in 2017, and the ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software.
The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity.
Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods.
Who are the founders of cardano?
Cardano was founded by charles hoskinson, who was also one of the co-founders of the ethereum network. He is the CEO of IOHK, the company that built cardano’s blockchain.
In an interview for coinmarketcap’s crypto titans series, hoskinson said that he got involved in cryptocurrencies back in 2011 — and dabbled in mining and trading. He explained that his first professional involvement in the industry came in 2013, when he created a course about bitcoin that ended up being taken by 80,000 students.
As well as being a technology entrepreneur, hoskinson is also a mathematician. In 2020, his technology company donated ADA worth $500,000 to the university of wyoming’s blockchain research and development lab.
What makes cardano unique?
Cardano is one of the biggest blockchains to successfully use a proof-of-stake consensus mechanism, which is less energy intensive than the proof-of-work algorithm relied upon by bitcoin. Although the much larger ethereum is going to be upgrading to pos, this transition is only going to take place gradually.
The project has taken pride in ensuring that all of the technology developed goes through a process of peer-reviewed research, meaning that bold ideas can be challenged before they are validated. According to the cardano team, this academic rigor helps the blockchain to be durable and stable — increasing the chance that potential pitfalls can be anticipated in advance.
In 2020, cardano held a shelley upgrade that aimed to make its blockchain “50 to 100 times more decentralized” than other large blockchains. At the time, hoskinson predicted that this would pave the way for hundreds of assets to run on its network.
Related pages:
How many cardano (ADA) coins are there in circulation?
There is a maximum supply of 45 billion ADA — but at the time of writing, there was a circulating supply of about 31 billion. Five rounds of public sales of cardano tokens were held between september 2015 and january 2017.
Approximately 2.5 billion ADA was allotted to IOHK once the network launched. Meanwhile, an additional 2.1 billion ADA was given to emurgo, a global blockchain technology company that served as a founding entity of the cardano protocol. Last but not least, 648 million ADA was given to the not-for-profit cardano foundation, which aims to promote the platform and increase levels of adoption.
Overall, about 16% of ADA’s total supply went to the project’s founders, with the remaining 84% being split among investors.
How is the cardano network secured?
Cardano is secured through an “environmentally sustainable, verifiably secure” pos protocol that’s known as ouroboros.
The project says that ouroboros improves upon the security guarantees that are delivered by a pow consensus mechanism while using substantially less power — claiming that it is four times more energy efficient than bitcoin.
It is described as a blend of unique technology and mathematically verified mechanisms, with behavioral psychology and economic philosophy thrown in for good measure. Overall, the objective of ouroboros is to achieve sustainable and ethical growth.
An incentive mechanism means that participants in the network are rewarded for their involvement.
Where can you buy cardano (ADA)?
As one of the biggest cryptocurrencies in the world in terms of market capitalization, you shouldn’t have much difficulty in purchasing ADA on major exchanges including binance, bittrex, etoro, and hitbtc.
If you’re struggling to find a trading pair that unites ADA with your local currency, check out this guide on how to convert fiat into bitcoin — giving you a gateway to buying altcoins."
Litecoin price (LTC)
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About litecoin
Litecoin price today is $122.79 USD with a 24-hour trading volume of $16,535,755,631 USD. Litecoin is down 28.29% in the last 24 hours. The current coinmarketcap ranking is #5, with a market cap of $8,134,406,402 USD. It has a circulating supply of 66,245,618 LTC coins and a max. Supply of 84,000,000 LTC coins.
The top exchanges for trading in litecoin are currently binance, huobi global, bybit, binance.KR, and okex. You can find others listed on our crypto exchanges page.
What is litecoin (LTC)?
Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.
The cryptocurrency was created based on the bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.
Litecoin was released via an open-source client on github on oct. 7, 2011, and the litecoin network went live five days later on oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.
The cryptocurrency was created by charlie lee, a former google employee, who intended litecoin to be a "lite version of bitcoin," in that it features many of the same properties as bitcoin—albeit lighter in weight.
Who are the founders of litecoin?
As we previously touched on, litecoin was founded by charlie lee, an early cryptocurrency adopter and a name held in high regard in the cryptocurrency industry.
Charlie lee, also known as “chocobo,” is an early bitcoin miner and computer scientist, who was a former software engineer for google. In addition, charlie lee held the role of director of engineering at coinbase between 2015 and 2017 before moving on to other ventures.
\ today, charlie lee is an outspoken advocate of cryptocurrencies and is the managing director of the litecoin foundation—a non-profit organization that works alongside the litecoin core development team to help advance litecoin.
Besides lee, the litecoin foundation also includes three other individuals on the board of directors: xinxi wang, alan austin and zing yang — all of which are accomplished in their own right.
What makes litecoin unique?
Behind bitcoin, litecoin is the second most popular pure cryptocurrency. This success can be largely attributed to its simplicity and clear utility benefits.
As of january 2021, litecoin is one of the most widely accepted cryptocurrencies, and more than 2,000 merchants and stores now accept LTC across the globe.
Its main benefit comes from its speed and cost-effectiveness. Litecoin transactions are typically confirmed in just minutes, and transaction fees are nearly negligible. This makes it an attractive alternative to bitcoin in developing countries, where transaction fees may be the deciding factor on which cryptocurrency to support.
In late 2020, litecoin also saw the release of the mimblewimble (MW) testnet, which is used to test mimblewimble-based confidential transactions on litecoin. Once this feature is available on the mainnet, litecoin users will also benefit from greatly enhanced privacy and fungibility.
Related pages:
Check out bitcoin (BTC) — the original cryptocurrency.
Check out nano (NANO) — another lightweight, fast cryptocurrency.
Get up to date with the latest litecoin updates and discussion.
Subscribe to the coinmarketcap blog for the latest cryptocurrency news and updates.
How many litecoin (LTC) coins are there in circulation?
Like most proof-of-work (POW) cryptocurrencies, the amount of litecoin in circulation gradually increases with each newly mined block.
As of january 2021, 66.245 million LTC have already been mined out of a total maximum supply of 84 million. The litecoin foundation recently estimated it will be well over 100 years until litecoin reaches full dilution (around the year 2140) — since the number of LTC mined per block decreases every four years as part of the block reward halving schedule.
Around 500,000 LTC was instamined on day one after the LTC genesis block was mined and charlie lee and presumably other early litecoin developers were among the first miners.
Despite this, as a fairly distributed asset, the litecoin developers or charlie lee do not receive any direct profits from the operation of litecoin—other than anything they may earn as part of the regular mining process.
How is the litecoin network secured?
As a blockchain-based cryptocurrency, litecoin is secured by incredibly strong cryptographic defenses — making it practically impossible to crack.
Like bitcoin and several other cryptocurrencies, litecoin uses the pow consensus algorithm to ensure transactions are confirmed quickly and without errors. The combined strength of the litecoin mining network prevents double-spends and a range of other attacks, while ensuring the network has 100% uptime.
Where can you buy litecoin (LTC)?
Litecoin is one of the most broadly available cryptocurrencies, as such, it can be purchased or traded on a large variety of exchanges. Some of the most prominent names include huobi global, binance, coinbase pro, okex and kraken.
15 must-read bitcoin & crypto trading tips (updated 2020)
Last updated aug 9, 2020 @ 15:14
Safety rules are written in blood. That statement is familiar to every soldier serving his or her country. Although we are not talking about a risk to human life, losing one’s expensive bitcoins by making trading mistakes is definitely not fun.
So how can one avoid such mistakes and stay in the green? First, it is essential to note that trading requires your attention and 100% focus. Secondly, trading is not for everyone. The following tips are easy to internalize because these tips were “written in blood” (my blood). However, it’s difficult to apply them in real time. After all, humans are not rational.
New trading tips for 2019
Have a reason for every trade
Enter a trading position only when you know why you’re entering it, and have a clear strategy in mind.
Not all traders are profitable since this is a zero-sum game (for everyone who benefits, someone else loses on the other side). Large whales drive the altcoin market – yes, the same ones responsible for placing huge blocks of hundreds of bitcoins on the order book.
The whales are just waiting patiently for innocent little fish like us until we make trading mistakes. Even if you aspire to trade daily, sometimes it is better to do nothing instead of jumping into the rushing water and exposing yourself to substantial losses. There are days when you only keep your profits by not trading at all.
Clear stops, clear targets: have a plan
For each position, we must set a precise target level at which to take profit and, more importantly, a stop-loss level for cutting losses. Setting a stop-loss involves selecting the maximum amount of losses we can afford before the position gets closed.
Several factors must be considered in order to correctly choose a stop loss level. Most traders fail when they fall in love with their position or the coin itself.
They may say, “it will turn around and I will get out of this trade with a minimal loss, I’m sure.” they’re letting their egos take control of them, and compared to the traditional stock market where 2-3% is considered extreme volatility, crypto trades are a lot riskier: it’s not unusual to find a coin dumping by 80% just in a few hours, and nobody wants to be the one who is left holding it.
FOMO: be aware
Meet FOMO, or fear of missing out. Indeed, it isn’t fun to see such situations from the outside – when a specific coin is being pumped up like crazy with huge two-digit gains in just minutes.
That bold green candle yells at you, “you are the only one not holding me.” at exactly this point you will notice lame people flooding reddit and telegram trading groups and the exchanges’ trollboxes to talk about the ongoing pump.
A classic pump and dump. Source: steemit
What do we do then? It’s very simple: keep moving forward. True, it’s possible that many people ahead of us may have caught the rise and that the market could continue in one direction, but bare in mind that the whales (as mentioned above) are just waiting for small buyers on the way up to sell them the coins they bought for lower prices. The price has become high, and it’s clear that the current lucky holders only consist of those little fish. Needless to say, the next step is usually the bright red candle which sells through the whole order book.
Risk management: it’s not just for crypto
Pigs get fat; hogs get slaughtered. This statement tells the story of profits from our perspective. To be a profitable trader, you never look for the edge of the movement. You look for the small gains that will accumulate into a big one.
Manage risk wisely across your portfolio. For example, you should never invest more than a small percentage of your portfolio in a non-liquid (very high risk) market. To those positions we will assign greater tolerance; the stop and target levels will be chosen far from the buying level.
Cryptocurrencies are traded against bitcoin
The underlying asset creates volatile market conditions: most altcoins are mostly traded against bitcoin, rather than fiat.
Bitcoin is a volatile asset compared to almost any fiat currency, and this fact should be taken into consideration, especially when the price of bitcoin is moving sharply.
In past years, it was common for bitcoin and altcoins to exhibit an inverse correlation, i.E., when bitcoin rose, altcoins prices would fall against bitcoin, and vice versa. However, since 2018 the correlation has been unclear.
Regardless, when bitcoin is volatile, trading conditions are kind of foggy. During periods of fog, we can’t see far ahead, so it is better to have close targets and stop-losses set – or to not trade at all.
Must-have tips for trading altcoins
Most altcoins lose value over time. They may bleed in value slowly or rapidly, but the fact that the list of the largest 20 altcoins by market cap has changed so much over the past few years tells us a lot.
Take this into account when holding large amounts of altcoins for the medium and the longer term, and, of course, choose them wisely.
If you are considering holding altcoins for the longer term or building a long-term crypto portfolio, keep in mind that the projects or altcoins that have higher daily trading volumes and significant community backing are probably here to stay.
You should follow the coin’s chart and identify low and stable periods. Such periods are likely to be consolidation or accumulation periods on the part of whales, and when the right time comes, accompanied by positive project announcements, the pump will start, and the whales will sell for profit.
Icos, ieos and token sales
A word about public icos (or ieos, as they are now known in 2019): these are crypto token sales. Many new projects choose to hold a crowd-sale where they offer investors an early opportunity to buy a share of the project’s tokens at what is meant to be a reasonable price.
The motivation for investors is that the token will get listed on the secondary market, i.E. The crypto exchanges, and will yield a nice profit for early investors. In recent years, there have been many successful token sales: rois of 10x were not uncommon.
One example was augur’s ICO, which yielded investors a phenomenal 15x return on investment. Okay, but what’s the catch? Not all such projects reward their investors. Many sales proved to be complete scams. Not only were they not being traded at all, but some projects disappeared with the money, never to be heard from again.
So how do you know whether you should invest in a given token sale? We recently wrote about this, and a key factor is the amount of money the project aims to raise. A project which raises too little will probably not be able to develop a working product, while a project which raises a huge amount won’t have enough investors left out there to buy the tokens on the secondary market. Most important of all is risk management. Never put all your eggs in one basket and invest too much of your portfolio in one IEO or ICO. They are considered high risk.
Start today, right now
Here are some practical tips you can implement right away:
- Fees, fees, fees: making multiple trades means paying more fees. It’s always advisable and cheaper to post a new order to the order book as a market maker, and not to buy from the order book (taker).
- No pressure: don’t start trading unless you have the optimal conditions for making the right decisions, and always know when and how to get out of the trade (have a trading plan). Pressure always hurts your trading game. Never rush! Wait for the next opportunity; you will get there.
- Setting targets and placing sell orders: always set your targets by placing sell orders. You don’t know when a whale will pump up your coin to clean up the supply on the order book (and pay a reduced fee on the “maker” side, remember?).
Augur sell-off. Down 75% in one second, then back up
- A successful strategy involves placing low buy orders. The above chart is taken from the poloniex exchange in december 2016: a crazy flash crash took place, and augur’s price declined by 75%. After a short while, the market recovered completely. Anyone who had set low buy orders could easily double or triple his or her investment. Placing low buy orders requires special care; don’t wake up when you’re far away from the market to find that your buy order has executed and now the price is even lower.
- Buy the rumor, sell the news. When major news outlets publish news, it’s usually the right time to say goodbye to the coin involved.
- You have made a profitable trade, but as always, the moment you sold, the coin runs up again. First, meet murphy’s law. Second, read over what was written here previously and never enter a position under pressure or chase the FOMO. As long as there is profit, you are okay. Go on to your next trade and don’t find yourself losing it.
- Leave your ego aside. The goal here is not to be right with your trades, but to gain profit. Do not waste resources (time and money) trying to prove you should’ve been entering this or that position. Remember, no trader doesn’t sometimes lose. The equation is simple – the number of winning trades should be higher than losing trades.
- Bear markets are sometimes the best times to make profits: if you haven’t heard about it, learn how you can short bitcoin and other cryptocurrencies.
New bitcoin & altcoin trading tips for 2019
Ignore financial news and other traders
Don’t waste your time reading the news. The vast majority of the published analysis and news posts you will find in the traditional press is biased or promoted by a particular company or group. Better to invest your time in learning the long-term trends by reading financial pieces, not everyday news. You won’t find your next investment opportunity by reading the news. The opposite is true: if it appears in the news, then others must know about it, so it probably has no value. Buy the rumor, sell the news, remember?
Additionally, it’s best not to complicate your analysis by listening to other traders’ success stories. Competing with others can only lead to unhealthy FOMO trades. Your skills will only improve if you concentrate on yourself, rather than buying coins because one of your friends suggested it.
Have a long-term end goal
In the end, remember that you are trading for a reason while investing funds that you could completely lose. Examples of goals could be quitting your job, buying a house, or retiring.
Thus, set your short and long-term goals and trade accordingly, i.E., do not risk funds you will need in the short term. Your overall goal should be aligned with all of your trading positions as well as your risk management.
Identify crypto scams in seconds
Altcoins are very tempting, but remember that the cryptocurrency world received an enormous amount of attention, which brought many scammers into the field. The idea that “you are responsible for your funds, not the bank” is indeed revolutionary, but it can also lead inexperienced newbies to send their funds away, thinking about a “high ROI” or investing in an ICO or IEO that will “change the world.” unlike traditional finance, cryptocurrency has no insurance. Once you send your funds, they are no longer yours.
Learn how to identify crypto scams. Unfortunately, there are plenty of them around. Many entrepreneurs want your funds; not all of them want them for the right reasons. Don’t waste time; think about why you should not be investing instead of contributing your valuable cryptocurrency.
What you need to know about your long-term portfolio
In the long term, only a few cryptocurrencies will survive. Looking at the top 20 coins ranked by market cap, you can easily see that beyond first place, which of course belongs to bitcoin, most of the rest change from year to year. Since many won’t survive, you need to think wisely about which altcoins to include in your long-term crypto portfolio and what percentage portion of your portfolio each of those altcoins will comprise. You can’t time the market; another crypto bubble could develop at any time.
The profit is temporary until you meet the fiat
The fiat value of your crypto portfolio is key. As long as the everyday world’s money is fiat (dollars, euros and such), you should measure your total portfolio’s value in terms of fiat currency.
Remember, until the fiat reaches your bank account, you have not cashed out. Cryptocurrency has no insurance, and if you are not following security rules, you can quickly lose your funds despite being a successful crypto trader. Many investors saw their fiat holdings disappear despite holding them on exchanges after selling their crypto. The most famous example of this was the mt. Gox collapse in 2014. However, quadriga CX’s recent incident reminds us that when it comes to exchanges, things happen.
Create a group with your trading buddies
There is a lot of information associated with the crypto world, and things move very quickly. In order to stay up to date, find a reliable group of friends with whom to share trading ideas as well as fundamental and technical data. Whether on telegram or whatsapp, chart groups contain members who are worth listening to – and others who should be ignored.
Enjoyed these tips? There’s more
We will appreciate your share! We’ve also published more trading tips and a guide to common trading mistakes, which you can read here.
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About the author
Yuval gov view more posts by this author
Yuval gov has over 15 years of trading experience in the stock exchange, graduated from TAU - economics and management. Fell in love with the crypto space. Does crossfit to get away from FOMO. Contact yuval: linkedin
Crypto coin trading today
Your guide to the world of an open financial system. Get started with the easiest and most secure platform to buy and trade cryptocurrency.
Cheaper GBP deposits HOT
50% off for GBP deposits with the UK-issued cards
Deposit now
Margin trading
Trade with leverage as high as 100x
Trade now
CEX.IO staking
Earn by simply holding coins on CEX.IO
Learn more
Buy crypto with a card
Own crypto in minutes using your card
Buy now
Among the numerous websites providing bitcoin exchange services, the positive reputation of CEX.IO makes it worth the trust of the users all over the world. With the customer base of over 3,000,000, the platform can be recognized as the one that can be relied on. Starting your bitcoin trading on a platform with substantial history, you will benefit from a deep understanding of the market and customersвђ™ needs. We are constantly working on enhancing the security, ensuring the high level of customer support, and providing our users with new opportunities for trading on the bitcoin market. CEX.IO is regularly considering the addition of new coins, which was not so long the case with dash, zcash, and bitcoin cash. Still, every cryptocurrency has to pass a thorough check to be listed. Our due diligence and concerns about the quality of the service yield results. Now, we are moving forward to achieve the status of the best cryptocurrency exchange.
Best cryptocurrency exchange: what does it mean for us?
For you to be able to recognize a reliable online exchange and sort out those that appear to be too weak, we list several features, paying attention to which would help you to make the right choice. 1. Service safety and security. It is critical to ensure that your data will not be leaked to any other parties. Thus, the availability of certificates, like the PCI DSS, serves as the proof of serviceвђ™s safety. Besides, the regulation of exchanges is also important. For example, CEX.IO.
- Is officially registered in the UK;
- Has a money services business status in fincen;
- Complies with the legal requirements of the countries where it functions.
Litecoin price (LTC)
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About litecoin
Litecoin price today is $122.79 USD with a 24-hour trading volume of $16,535,755,631 USD. Litecoin is down 28.29% in the last 24 hours. The current coinmarketcap ranking is #5, with a market cap of $8,134,406,402 USD. It has a circulating supply of 66,245,618 LTC coins and a max. Supply of 84,000,000 LTC coins.
The top exchanges for trading in litecoin are currently binance, huobi global, bybit, binance.KR, and okex. You can find others listed on our crypto exchanges page.
What is litecoin (LTC)?
Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.
The cryptocurrency was created based on the bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.
Litecoin was released via an open-source client on github on oct. 7, 2011, and the litecoin network went live five days later on oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.
The cryptocurrency was created by charlie lee, a former google employee, who intended litecoin to be a "lite version of bitcoin," in that it features many of the same properties as bitcoin—albeit lighter in weight.
Who are the founders of litecoin?
As we previously touched on, litecoin was founded by charlie lee, an early cryptocurrency adopter and a name held in high regard in the cryptocurrency industry.
Charlie lee, also known as “chocobo,” is an early bitcoin miner and computer scientist, who was a former software engineer for google. In addition, charlie lee held the role of director of engineering at coinbase between 2015 and 2017 before moving on to other ventures.
\ today, charlie lee is an outspoken advocate of cryptocurrencies and is the managing director of the litecoin foundation—a non-profit organization that works alongside the litecoin core development team to help advance litecoin.
Besides lee, the litecoin foundation also includes three other individuals on the board of directors: xinxi wang, alan austin and zing yang — all of which are accomplished in their own right.
What makes litecoin unique?
Behind bitcoin, litecoin is the second most popular pure cryptocurrency. This success can be largely attributed to its simplicity and clear utility benefits.
As of january 2021, litecoin is one of the most widely accepted cryptocurrencies, and more than 2,000 merchants and stores now accept LTC across the globe.
Its main benefit comes from its speed and cost-effectiveness. Litecoin transactions are typically confirmed in just minutes, and transaction fees are nearly negligible. This makes it an attractive alternative to bitcoin in developing countries, where transaction fees may be the deciding factor on which cryptocurrency to support.
In late 2020, litecoin also saw the release of the mimblewimble (MW) testnet, which is used to test mimblewimble-based confidential transactions on litecoin. Once this feature is available on the mainnet, litecoin users will also benefit from greatly enhanced privacy and fungibility.
Related pages:
Check out bitcoin (BTC) — the original cryptocurrency.
Check out nano (NANO) — another lightweight, fast cryptocurrency.
Get up to date with the latest litecoin updates and discussion.
Subscribe to the coinmarketcap blog for the latest cryptocurrency news and updates.
How many litecoin (LTC) coins are there in circulation?
Like most proof-of-work (POW) cryptocurrencies, the amount of litecoin in circulation gradually increases with each newly mined block.
As of january 2021, 66.245 million LTC have already been mined out of a total maximum supply of 84 million. The litecoin foundation recently estimated it will be well over 100 years until litecoin reaches full dilution (around the year 2140) — since the number of LTC mined per block decreases every four years as part of the block reward halving schedule.
Around 500,000 LTC was instamined on day one after the LTC genesis block was mined and charlie lee and presumably other early litecoin developers were among the first miners.
Despite this, as a fairly distributed asset, the litecoin developers or charlie lee do not receive any direct profits from the operation of litecoin—other than anything they may earn as part of the regular mining process.
How is the litecoin network secured?
As a blockchain-based cryptocurrency, litecoin is secured by incredibly strong cryptographic defenses — making it practically impossible to crack.
Like bitcoin and several other cryptocurrencies, litecoin uses the pow consensus algorithm to ensure transactions are confirmed quickly and without errors. The combined strength of the litecoin mining network prevents double-spends and a range of other attacks, while ensuring the network has 100% uptime.
Where can you buy litecoin (LTC)?
Litecoin is one of the most broadly available cryptocurrencies, as such, it can be purchased or traded on a large variety of exchanges. Some of the most prominent names include huobi global, binance, coinbase pro, okex and kraken.
Crypto coin trading today
Your guide to the world of an open financial system. Get started with the easiest and most secure platform to buy and trade cryptocurrency.
Cheaper GBP deposits HOT
50% off for GBP deposits with the UK-issued cards
Deposit now
Margin trading
Trade with leverage as high as 100x
Trade now
CEX.IO staking
Earn by simply holding coins on CEX.IO
Learn more
Buy crypto with a card
Own crypto in minutes using your card
Buy now
Among the numerous websites providing bitcoin exchange services, the positive reputation of CEX.IO makes it worth the trust of the users all over the world. With the customer base of over 3,000,000, the platform can be recognized as the one that can be relied on. Starting your bitcoin trading on a platform with substantial history, you will benefit from a deep understanding of the market and customersвђ™ needs. We are constantly working on enhancing the security, ensuring the high level of customer support, and providing our users with new opportunities for trading on the bitcoin market. CEX.IO is regularly considering the addition of new coins, which was not so long the case with dash, zcash, and bitcoin cash. Still, every cryptocurrency has to pass a thorough check to be listed. Our due diligence and concerns about the quality of the service yield results. Now, we are moving forward to achieve the status of the best cryptocurrency exchange.
Best cryptocurrency exchange: what does it mean for us?
For you to be able to recognize a reliable online exchange and sort out those that appear to be too weak, we list several features, paying attention to which would help you to make the right choice. 1. Service safety and security. It is critical to ensure that your data will not be leaked to any other parties. Thus, the availability of certificates, like the PCI DSS, serves as the proof of serviceвђ™s safety. Besides, the regulation of exchanges is also important. For example, CEX.IO.
- Is officially registered in the UK;
- Has a money services business status in fincen;
- Complies with the legal requirements of the countries where it functions.
Trading signals crypto coins
Trading signals voor crypto coins zijn korte berichten die aangeven welke digitale munt je moet kopen, voor welk bedrag per coin en wanneer je deze weer moet verkopen. Goede signals kunnen je helpen om investeringen te doen met een grote kans van slagen.
Advies
Als je wilt starten met de handel in cryptocurrency’s dan merk je al gauw dat iedereen er een mening over heeft. Het aantal kenners is zeer beperkt. Ben daarom kritisch als je tips krijgt van andere handelaren. De ervaring is namelijk dat er heel veel wordt geroepen in facebook groepen, telegram chats en op forums. Veel daarvan is niet goed onderbouwd, van horen zeggen of preken voor eigen parochie. Er zijn namelijk maar weinig mensen die gespecialiseerd zijn in crypto.
Pump en dump
Er bestaan ook zogenaamde pump en dump groepen. Doe hier niet aan mee. Dit is namelijk een handelswijze die niet is toegestaan. Veel exchanges bestraffen de deelnemers aan pump en dump activiteiten namelijk door je account te bevriezen, waardoor je niet meer kunt handelen en geen toegang meer hebt tot je geld.
Bij pump en dump geeft de initiator aan alle leden het signaal om op een bepaald tijdstip een coin te kopen. Als een grote groep dit signaal volgt dan stijgt de prijs van de coin razendsnel doordat handelaren wereldwijd de koersen in de gaten houden en deze coin ook gaan kopen. De waarde van de coin wordt dus kunstmatig gemanipuleerd (gepumpt).
Vervolgens stappen alle deelnemers van de pump en dump groep weer uit de coin door deze snel te verkopen (te dumpen) met winst. De waarde van de coin keldert vervolgens, waardoor andere handelaren met verliezen blijven zitten. Het is vaak een activiteit die binnen minuten wordt uitgevoerd. Deze vorm van handelen is dus niet toegestaan en wordt ten strengste afgeraden.
Signals groep
Een signals groep is anders. Dit is wel toegestaan. Een signal is als het ware een advies van een ervaren trader die de ontwikkelingen in de cryptomarkt op de voet volgt. Signals komen vaak voort uit positief nieuws en/of analyses van het koersverloop van een munt. De koers van een currency stijgt namelijk als er goed nieuws aankomt. Dat kan bijvoorbeeld het geval zijn als een coin op een grote exchange wordt opgenomen of als het bedrijf achter de coin een succes heeft geboekt. Daar is de koers erg gevoelig voor.
Voorbeeld trading signal
Een trading signal ziet er ongeveer als volgt uit:
Trading signal: LTC/BTC
B uy-in: 0.01625000-0.01634000
Toelichting
trading signal: dit wordt veelal aangegeven in zogeheten pairs. Vaak is dat een pair met BTC (bitcoin). Je koopt dus litecoin (LTC) met bitcoin in dit geval. BTC is de standaard en daarom worden vrijwel altijd de waardes aangegeven in deze valuta.
Buy-in: hiermee wordt ‘het window’ bedoeld waarin je de coin moet kopen. Is de actuele waarde hoger, dan wordt afgeraden om de coin nog te kopen of moet je er rekening mee houden dat je winst lager zal zijn.
Targets: dit zal volgens de aanbieder van het signal de waarde van de coin zijn binnen afzienbare tijd. Soms worden daarbij termen geplaatst als short term (dagen tot weken), mid term (weken tot maanden) of long term (maanden tot een jaar). Dat is de indicatieve termijn dat een target wordt behaald.
Stoploss: soms wordt ook een stoploss (of stop limit) vermeld. Op sommige exchanges kun je een automatische verkoopopdracht (sell order) instellen. Hiermee verzeker je jezelf ervan dat bij een onverhoopte daling van de coin je automatisch verkoopt als een ondergrens, die je zelf bepaalt, wordt overschreden.
Elementen
In een signals groep zitten vaak professionele handelen die je kunnen helpen met de volgende zaken:
so, let's see, what we have: get the latest litecoin price, LTC market cap, trading pairs, charts and data today from the world’s number one cryptocurrency price-tracking website at crypto coin trading today
Contents
- Top forex bonus list
- Litecoin price (LTC)
- Litecoin chart
- About litecoin
- What is litecoin (LTC)?
- Who are the founders of litecoin?
- How is the litecoin network secured?
- Where can you buy litecoin (LTC)?
- Who are the founders of litecoin?
- THETA price (THETA)
- THETA chart
- About THETA
- What is theta (THETA)?
- Cardano price (ADA)
- Cardano chart
- About cardano
- What is cardano (ADA)?
- Who are the founders of cardano?
- What makes cardano unique?
- How many cardano (ADA) coins are there in circulation?
- How is the cardano network secured?
- Where can you buy cardano (ADA)?
- Litecoin price (LTC)
- Litecoin chart
- About litecoin
- What is litecoin (LTC)?
- Who are the founders of litecoin?
- How is the litecoin network secured?
- Where can you buy litecoin (LTC)?
- Who are the founders of litecoin?
- 15 must-read bitcoin & crypto trading tips (updated 2020)
- New trading tips for 2019
- Have a reason for every trade
- Clear stops, clear targets: have a plan
- FOMO: be aware
- Risk management: it’s not just for crypto
- Cryptocurrencies are traded against bitcoin
- Must-have tips for trading altcoins
- Icos, ieos and token sales
- Start today, right now
- New bitcoin & altcoin trading tips for 2019
- Ignore financial news and other traders
- Have a long-term end goal
- Identify crypto scams in seconds
- What you need to know about your long-term portfolio
- The profit is temporary until you meet the fiat
- Create a group with your trading buddies
- Enjoyed these tips? There’s more
- Crypto coin trading today
- Cheaper GBP deposits HOT
- Margin trading
- CEX.IO staking
- Buy crypto with a card
- Best cryptocurrency exchange: what does it mean for us?
- Litecoin price (LTC)
- Litecoin chart
- About litecoin
- What is litecoin (LTC)?
- Who are the founders of litecoin?
- How is the litecoin network secured?
- Where can you buy litecoin (LTC)?
- Who are the founders of litecoin?
- Crypto coin trading today
- Cheaper GBP deposits HOT
- Margin trading
- CEX.IO staking
- Buy crypto with a card
- Best cryptocurrency exchange: what does it mean for us?
- Trading signals crypto coins
- Advies
- Pump en dump
- Signals groep
- Voorbeeld trading signal
- Elementen
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