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Table of content

BASICSOFCRYPTO
Cryptocurrency examples

CRYPTO TOOLS
Crypto terms
Crypto sites

HOW TO RESEARCH CRYPTO PRINCIPLES


The 10 Crypto principles of pkappie

DCA STRATEGY
Basics of crypto
Cryptocurrency, sometimes called crypto-currency or crypto, is any form of
currency that exists digitally or virtually and uses cryptography to secure
transactions. Cryptocurrencies don't have a central issuing or regulating
authority, instead using a decentralized system to record transactions and issue
new units.

Cryptocurrency is a digital payment system that doesn't rely on banks to verify


transactions. It’s a peer-to-peer system that can enable anyone anywhere to
send and receive payments. Instead of being physical money carried around and
exchanged in the real world, cryptocurrency payments exist purely as digital
entries to an online database describing specific transactions. When you
transfer cryptocurrency funds, the transactions are recorded in a public ledger.

Cryptocurrency is stored in digital wallets. Cryptocurrency received its name


because it uses encryption to verify transactions. This means advanced coding
is involved in storing and transmitting cryptocurrency data between wallets and
to public ledgers. The aim of encryption is to provide security and safety.

The first cryptocurrency was Bitcoin, which was founded in 2009 and remains
the best known today. Much of the interest in cryptocurrencies is to trade for
profit, with speculators at times driving prices skyward.
Cryptocurrencies run on a distributed public ledger called blockchain, a record
of all transactions updated and held by currency holders. Units of
cryptocurrency are created through a process called mining, which involves
using computer power to solve complicated mathematical problems that
generate coins. Users can also buy the currencies from brokers, then store and
spend them using cryptographic wallets.

If you own cryptocurrency, you don’t own anything tangible. What you own is a
key that allows you to move a record or a unit of measure from one person to
another without a trusted third party. Although Bitcoin has been around since
2009, cryptocurrencies and applications of blockchain technology are still
emerging in financial terms, and more uses are expected in the future.

Transactions including bonds, stocks, and other financial assets could eventually
be traded using the technology.
Cryptocurrency
examples
There are thousands of cryptocurrencies. Some of the best known include:

BITCOIN:

Founded in 2009, Bitcoin was the first cryptocurrency and is still the most
commonly traded. The currency was developed by Satoshi Nakamoto – widely
believed to be a pseudonym for an individual or group of people whose precise
identity remains unknown.
The term altcoin refers to cryptocurrencies other than Bitcoin. Depending on
their functionalities and consensus mechanisms, altcoins come in various flavors
and categories. Here’s a brief summary of some of the more important ones:

ETHEREUM:

Developed in 2015, Ethereum is a blockchain platform with its own


cryptocurrency, called Ether (ETH) or Ethereum. It is the most popular
cryptocurrency after Bitcoin.

STABLECOINS:

Cryptocurrency trading and use have been marked by volatility since launch.
Stablecoins aim to reduce this overall volatility by pegging their value to a basket
of goods, such as fiat currencies, precious metals, or other cryptocurrencies. The
basket is meant to act as a reserve to redeem holders if the cryptocurrency fails
or faces problems. Price fluctuations for stablecoins are not meant to exceed a
narrow range. Notable stablecoins include Tether's USDT, MakerDAO's DAI, and
the USD Coin
(USDC). In March 2021, payment processing giant Visa Inc. (V) announced that
it would begin settling some transactions on its network in USDC over the
Ethereum blockchain, with plans to roll out further stablecoin settlement
capacity later in 2021
MEME COINS:

As their name suggests, meme coins are inspired by a joke or a silly take on other
well-known cryptocurrencies. They typically gain popularity in a short period of
time, often hyped online by prominent crypto influencers and retail investors
attempting to exploit short-term gains. For example, Tesla, Inc. (TSLA) CEO and
cryptocurrency enthusiast Elon Musk regularly posts cryptic tweets about
leading meme coins Dogecoin (DOGEUSD) and Shiba Inu, which often
substantially moves their prices. In October 2021, Shiba surged 91% in a 24-hour
period after Musk tweeted a picture of his pet Floki, the Shiba Inu puppy, on a
Tesla. Many refer to the sharp run-up in these particular altcoins during April
and May 2021 as "meme coin season," with hundreds of these cryptocurrencies
posting enormous percentage gains based on pure speculation.

UTILITY TOKENS:

Utility tokens are used to provide services within a network. For example, they
might be used to purchase services, pay network fees, or redeem rewards.
Unlike security tokens, utility tokens do not pay out dividends or part with an
ownership stake. Filecoin, which is used to purchase storage space on a
network, is an example of a utility token.

These are the main type of altcoins in the crypto world.


We will go more in details further in collider crypto book. Nevertheless there are
pros and cons in investing your hard earned money in altcoins.
Pros & Cons
These are the main type of altcoins in the crypto world. We will go more in details
further in collider crypto book. Nevertheless there are pros and cons in investing
your hard earned money in altcoins.
Crypto Tools
To be successful in crypto you should use different tools to make your life
easier. There is a lot of information and misinformation around crypto. There
are thousands of sites and tools to use, but these are in my opinion the most
important in the crypto space.

First of all, there are also a lot of different terms you should know in the crypto
market:

CRYPTO TERMS:

AML - Anti-Money Laundering


ATH - All-Time High
ATL - All-Time Low
ALT or Altcoin – Alternative Cryptocurrency
(cryptocurrency other than Bitcoin)
CEX – Centralized Exchange
CMC - Coinmarketcap
DAICO - Decentralized Autonomous Initial Coin Offering
DCA - Dollar Cost Averaging
DeFi - Decentralized Finance
DEX – Decentralized Exchange
DLT - Distributed Ledger Technology
ERC-20 - Token standard for Ethereum
ERC-721 - Token standard for NFT (non-fungible tokens)
ETF - Exchange-Traded Fund
ETP – Exchange-Traded Product
FIAT – Conventional government-issued currency (e.g.
US Dollar, Euro)
IBO - Initial Bounty Offering
ICO – Initial Coin Offering ITO – Initial
Token Offering mBTC - Millibitcoin
(0.001 BTC) MCAP – Market
Capitalization
PnD – Pump-and-Dump scheme
OTC – Over the Counter
SATS – Satoshis (the smallest denomination of a
Bitcoin: 0.00000001 BTC)
STO – Securities Token Offering
TPS – Transactions Per Second
Tx – Transaction
TxID – Transaction Identification uBTC -
MicroBitcoin (0.000001 BTC) UXTO - Unspent
Transaction

Whether you’re a beginner or you’ve been a crypto investor for years, crypto
research tools can help reduce your risk and increase your chances of staying
ahead of the game. Here are 9 of the best research tools that you can use to
refine your research before investing in cryptocurrency.

Crypto sites
1. HTTPS://COINMARKETCAP.COM/

CoinMarketCap is the world's most-referenced price tracking website for


cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make
crypto discoverable and efficient globally by empowering retail users with
unbiased, high quality and accurate information for drawing their own informed
conclusions. Also, using CoinMarketCap efficient can be crucial to your crypto
research.

2. HTTPS://COINMARKETCAL.COM/EN/

CoinMarketCap is the world's most-referenced price tracking website for


cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make
crypto discoverable and efficient globally by empowering retail users with
unbiased, high quality and accurate information for drawing their own informed
conclusions.

3. HTTPS://MESSARI.IO/

Messari brings transparency to the crypto economy. They want to help


investors, regulators, and the public make sense of this revolutionary new
asset class, and are building data tools that will drive informed decision making
and investment. They believe that crypto will democratize access to
information, break down data silos, and ultimately give everyone the tools to
build wealth.

4. HTTPS://WWW.COINGECKO.COM/

CoinGecko is a one-stop-shop for all information around crypto prices, latest


updates, and crypto educational material. The cryptocurrency aggregator site
can be filtered into many categories to help sieve through the thousands of coins
on the market. It is like
CoinMarketCap, but some of information will not be shown on CoinMarketCap
that’s when coingecko comes in. CoinGecko shows the information that is not
shown on CoinMarketcap.

5. HTTPS://WWW.TRADINGVIEW.COM/

TradingView is a platform that lets you customize technical indicators, create


charts, and analyse financial assets. These indicators are patterns, lines, and
shapes that millions of traders use every day. TradingView is entirely browser-
based, with no need to download a client. To keep up to date on the crypto
prices and make Technical analyses on your crypto project is tradingview the
best site to use.

6. HTTPS://WWW.YOUTUBE.COM/

We all know what YouTube is. You can use YouTube to make your life easier for
collecting information about the crypto. There are a lot of youtubers that talk
about crypto.
These YouTubers are on of the best I have encountered.
·https://www.youtube.com/c/CoinBureau
·https://www.youtube.com/c/AltcoinBuzz
·https://www.youtube.com/watch?v=LoWOO3GtUBY The last link is a
top 10 crypto channels that are beneficials.

7. HTTPS://TWITTER.COM/HOME

Most of the news or announcements that are made in the crypto space are
made on twitter. Also, one of the smartest people in crypto space are talking
and sharing there perspectives on twitter. If you want to be one of the first
people that knows what happens in the crypto space, than is twitter the best
place to search for. One of my favourite twitter accounts to follow is from the
wizard. https://twitter.com/CryptoWizardd

8. HTTPS://LUNARCRUSH.COM/

LunarCrush. Social Intelligence For Crypto. LunarCrush collects activity across


social media for bitcoin, thousands of alts and exchanges, as well as what
influencers are posting.

9. HTTPS://WWW.DEXTOOLS.IO/APP/

DEXtools is a price data analytics tool which helps traders to more easily
navigate decentralized networks. One of the most important features of the
platform is the ability to keep a record of the live price of tokens. On DEXtools
you can check the liquidity of crypto project on the Ethereum blockchain. If you
want to check the liquidity on the binance smart chain you can use the site of
bogged.finance

How to research
HOW TO RESEARCH
Cryptocurrencies are built on solid software and there are genuine and
promising applications for them. Furthermore, people do make money
investing in cryptocurrencies, but people also lose a lot of money in
cryptocurrency scams. Therefore, before you put any money at all into a
cryptocurrency, you should spend some time investigating whether the
currency is legitimate or not.

When you find a coin that you are interested in you always check
CoinMarketcap. You check the tokenomics. I will show how I would research a
crypto project.

TOKENOMICS:

Assuming that you heard about the cryptocurrency from a trusted source and
it sounds solid, there are still some litmus-paper boxes that you can check
before thinking about getting involved with a project.

1. Find the Purpose


Most cryptocurrencies are minted as a reward for verifying blocks of data that
serve some function other than supporting the currency itself. If you're a Bitcoin
tribalist, you may realize that Bitcoin fails this test.

That doesn't mean that Bitcoin is a scam. Bitcoin has been around long enough
and has enough of a demand that supporting itself is enough. That's not likely
to be true of any other coin playing this game. In other words, Bitcoin is not a
scam but any coin promising to be the next bitcoin is probably a scam.

The downside of this is that it does mean that you might miss out on an
opportunity to get into a project as one of the project's very first investors
because you sat around waiting for a coin to prove itself. It's true. You could
miss out on an opportunity to "get in on the ground floor." The good news is
that you'll pass up a lot more opportunities to "get scammed.

2. Find the Whitepaper


The crypto shouldn't only promise to solve some a problem. It should promise
to solve that problem in a way that makes sense.

Blockchain projects are typically laid out in a whitepaper a publicly available


document detailing the blockchain's mission and how it works. Even Bitcoin,
which was published anonymously, has a publicly available whitepaper that is
still widely read and circulated. Having a whitepaper isn't enough. The
whitepaper has to be good. For example, the Squid Game cryptocurrency that
famously fleeced investors had a whitepaper, but it was poorly written and
edited.
There are a couple key questions you should ask to determine the legitimacy of
a cryptocurrency white paper:

• What does this project do?


• How does it work?
• Why do we need this project?

3. Find Out Where You Buy and Use the Cryptocurrency

Unless you're a miner (or an investor with serious acumen), you probably
shouldn't buy cryptocurrency outside of a proper cryptocurrency exchange.
Exchanges allow you to buy and sell cryptocurrencies, and while different
exchanges require coins to jump through different hoops to get listed, you'll be
safer sticking to these exchanges.

1. Coinbase

2. Kraken

3. FTX

4. KuCoin

5. Poloniex

6. Binance

7. Bitfinex

8. Gemini

9. Bittrex
This approach has the same pitfalls as the first tip: it will take time for a new
cryptocurrency to be listed on a legitimate exchange. However, we are talking
about exchanges that let you buy coins, not apps that let you buy "interest" in
a coin, as PayPal does. These platforms are even more cautious than
exchanges, and you can miss out on a good thing waiting that long.

4. Find Out Who Makes the Coin


Right now, decentralization is the name of the game. However, most legitimate
cryptocurrency projects will have a publicly listed board of directors or even
partner organizations supporting and developing the currency.

You don't have to know the names of all of the board members, but you should
at least recognize the names of the companies enabling or using the
blockchain. Even if you don't, you should be able to research those individuals
and organizations to find out whether they are real and really involved.

Depending on how rigorous you are, you may or may not think that Bitcoin fits
this list. We don't know who started the ball rolling after all. However, a lot of
the people who are currently pushing that ball are less than anonymous and
Bitcoin.org does have ways for you to learn more about the community of
developers keeping Bitcoin alive.
5. Find Out if the Coin Seems Sustainable
This is a combination and reconsideration of some of the red flags covered in
the introductory paragraphs. A coin worth investing in should solve a problem
and solving that problem should be the goal of the coin's creators, not making
money.

For example, IOTA is one of the most technologically ambitious coins out there,
and it's trading at fractions of the going rates of better-known tokens. Why? In
part because IOTA is built for long-term scale rather than as a get-rich-quick
scheme or even as a conventional store of value. It's meant to do a job, and the
financial rewards come second.
Research Your Crypto Before Making Any Investments

The tech world, and particularly the blockchain and crypto worlds, move pretty
fast these days. It's easy to get swept away in the feeling that if you spend too
much time looking into an opportunity it will pass you by. However, anything
worth investing in today will still be there tomorrow.

It's better to wait and gain less than you could have than to jump into something
early and lose more than you needed to.

Social media and price:


The Internet allows us to communicate with people instantly, wherever they are
in the world. With social media at our fingertips 24/7 most of us turn to apps for
news and to share updates.

Monitoring social media engagement with coins and projects is an important


part of working out market sentiment. If the community wants to support the
initiative, they interact with a project’s social media presence and buy assets.
This means there’s often correlation between social engagement and
cryptocurrency price.

Social media engagement:


Check how many followers the project has on twitter, Instagram, reddit and
other social media platforms. Also, check how many likes and retweets they
have. This gives you an indication of the community.
Social media and price:
The Internet allows us to communicate with people instantly, wherever they
are in the world. With social media at our fingertips 24/7 most of us turn to
apps for news and to share updates.

Monitoring social media engagement with coins and projects is an important


part of working out market sentiment. If the community wants to support the
initiative, they interact with a project’s social media presence and buy assets.
This means there’s often correlation between social engagement and
cryptocurrency price.

Social media engagement:

Check how many followers the project has on twitter, Instagram, reddit and
other social media platforms. Also, check how many likes and retweets they
have. This gives you an indication of the community.

Crypto Principles
Committing to a plan can put you on the path to building wealth. Investors who
make the effort to plan for the future are more likely to take the steps necessary
to achieve their financial goals.

With having a plan or investing you should have certain principals that keep human
failure low and human success the highest.
The 10 Crypto principles of pkappie:

1. NEVER trade with emotion:


• DO NOT FOMO (Fear of missing out) into coins which are pumping, there will
always be another good coin to profit off of.

2. DIVERSIFICATION:

• Crypto hypes come in waves, one moment NFT’s are really big, then it’s the
metaverse, then it’s DeFI.
• Try to get a piece of every pie, take advantage of every hype. NEVER GO ALL IN
ON ONE COIN OR ONE SECTOR

3. Be prepared, not surprised:

• Crypto is still very new, so price action will be irregular and unpredictable at
times.
• The best we can do as traders is to be prepared for every situation. Be prepared
for dips by having USDT ready.
• The best way you can be prepared is by having proper MARKET AWARENESS:
Know what’s happening in crypto, read up on the latests news, keep up with the
trends, always know what is going on with Bitcoin, and always know what is the
current feeling of the general public regarding crypto.

4. Always have some USDT:

• Make sure to have ATLEAST 15-20% in USDT ready for dips or a new project
which piqued your interest.

5. Take HEALTHY PROFITS:

• DO NOT get greedy, coins will not go up indefinitely, they will eventually come
back down, take a breather. Do not be the guy/girl who regretted not taking
profits. Find multiple points where you want to take profits, never do it all at once,
gradually take profits.

6. Stick to your trading plan:

• Before you get into a coin, you must have a trading plan. Where will you take
profits? Where will you set your stop loss? Where will you buy the dip? Conduct a
proper trading plan and stick to it no matter what (DO NOT let emotions differ you
away from your plan).

7. RISK MANAGEMENT:
• Learn proper risk management. Like we mentioned earlier, the crypto market
can be very unpredictable, but we don’t care, because we’re prepared right? One
of the ways to be prepared is by learning proper risk management. Where to set
your stop loss etc. to minimize your losses in the events of (for example) a market
crash.

8. You have social media, USE IT:

• What crypto’s are people talking about? What is the current sentiment?
(People’s feeling about the market)
• Social media your best tool to get an insight of what other people in the market
are thinking right now, so use it. Getting an insight of people’s thought process can
be a huge advantage, if used correctly
• BE WARE: NEVER use Twitter/Tik Tok/Instagram to make financial decisions.
Buying coins must be backed by proper research , social media is merely an
indicator to get the sentiment on a certain coin. NEVER buy coins because it was
shilled to you on Tik Tok or Twitter.

9. Crypto isn’t everything, take a breather:

• We’re all human at the end of the day, and there will be times where the market
will get the best of you. During these times, you must remember that crypto isn’t
everything.
• If it feels like you’re a little overwhelmed by the market, take a step back. Close
the charts, watch a movie, spend some time with friends and family, and just take
a day or two away from crypto. Never burn yourself out, crypto is great, but
remember that there is more to life.

10. Learn from others, do not be naive:

• Learn from people with more experience/knowledge about trading and crypto.
Sometimes we feel stuck in our decision making, that is when someone else’s
insight can really help.
• Watch interviews of great traders, learn how they think, learn from people in
the crypto community, whether that be in this discord, or on social media.
• DO NOT BE NAÏVE, one moment it will feel like you’re on top of the world, that’s
when you have to remain humble, things are going well but like we said, be
prepared not surprised, anything can happen in this game, so be realistic and
aware, not naïve.
DCA strategy
Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up
the total amount to be invested across periodic purchases of a target asset in an effort
to reduce the impact of volatility on the overall purchase.

The purchases occur regardless of the asset's price and at regular intervals. In my
opinion, going in to a project with all of your money is not the smartest. Instead, divide
your initial investment in to 3 stages. First of all, take 50% of your initial investment
and put in the project you are bullish about. Secondly, when your project has dipped
more than 5% you out your other 25 % in the project. Lastly, if the project dips another
10+% you put the remaining 25% in. The same strategy you have for your buy entry,
you can implement in the exist strategy.

When you established your sell order or are comfortable with taking profits, take the
50% out first of your total investment. When the project goes another 25%- 50%
higher after you took out the 50 %, take another 25% out. What I always do is leave
the remaining 25% as a moon bag for the long term, but the moon bag strategy depens
on every investor, some like to take the 25% out and other want to leave it.
Dear collider community,
For further questions about any subject around the crypto space you always can
dm me. pkappie#8297

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