This guide has been designed to put large sums of Crypto-Currencies in your digital pocket fast, creating a portfolio of well positioned investments with potentially extra ordinary returns and in my personal opinion I have never seen a faster method to do so. I’ve kept the theory & technical jargon to a minimum… just enough to get you ready… and then it’s all quick, actionable steps to start acquiring a massive Altcoin Portfolio. A word of warning and there will be many throughout this guide, a little education is dangerous and the more you learn the more you will be able to reduce your risk and I highly encourage you to garner as much knowledge around this subject as you can. The method that you will discover in this course is my own method for generating returns not counted by a percentages like 20% or 30% or even 50% Return On Investment Per Annum rather with an X were X is Times Your Money 2X, 3X 5X I consider average 10X is normal, 20X, 50X and 100 Times your investments are REAL and still possible given the right environment and I am not talking about in years. I am talking about in as little as a few months sometimes even weeks and days….. and if you have the balls to parlay a few of those 10 X’s then it doesn’t take Einstein to work out that you can quickly turn as little as a couple of hundred bucks even a thousand into a life changing grand some in a very very short period of time.
If you do want to understand how Crytpo Currencies and how BlockChain Technology all works, Google and Youtube are your best friends you virtually have a bottomless pit full of information on the subject, just don’t spend hours of time reading bull**** just the information you require to arm yourself with the education you need to make informed decisions.
As Bruce Lee said — “Absorb what is useful, discard what is useless and add what is specifically your own”
This method for investing is not new in fact its fundamentally been around for centuries only known to a select few, here you will find it in its most simplest form and perfectly adapted to work with Crypto which is what this course will concentrate on however can be adapted to other asset classes as well.
This course is a series of easily actionable and repeatable steps to grow a portfolio of potentially valuable companies that are best positioned to make huge profits so you can benefit from those investments so lets dive in and I will give you ALL the meat and potatoes.
I Am About To Blow Your MIND!
Lesson #1 — Take responsibility for your own actions, Once you make a decision STICK WITH IT until it serves you no more.
Only you are the master of your own destiny. Not me, Not your wife, husband, mother, father, sister, brother, friend or even the people you look up to. YOU and ONLY YOU have the power to change the course of your life.
If you don’t like something change it! Its just a mind set, a habit and you know what? it only takes 21 days to change a habit and internalise it!.
STICK WITH IT this is what I consider the safest method to build a portfolio of strong companies set to make you boat loads of money FAST.
REMEMBER: This is NOT FINANCIAL ADVICE, purely my OPINION. Enjoy
Overview
The main concept of this guide is to
1. Research suitable Companies that require investment capital to launch their product.
2. Make an investment
3. Wait for the Investment to Double, Triple, 5X or 10X (whichever suits your risk profile or what the market is prepared to give you ) Then
4. Take the original investment that you made in step 2 OUT and let the rest of the position grow till you are satisfied or you find a better investment
5. Rinse and Repeat steps 1–5
The HOW to do this in 10 easy steps
1. Convert Fiat To Crypto via a Large Exchange
2. Transfer From Large Exchange to Local Wallet
3. Research ICO to invest in, once satisfied get on Whitelist and fill in KYC documentation, monitor Social Media for dates and times
4. Wait for email confirmation and link to make investment from the ICO company
5. Transfer from your local wallet to the ICO dashboard
6. ICO Dashboard converts Ether to native Token and sends back to your Local Wallet (Usually 2–3 weeks)
7. Monitor FOMO Exchange for possible FOMO exit at a multiple of your original if satisfied then Exit a percentage of the trade to cover your original investment
8. Monitor large exchanges for HODL exit and if satisfied then exit
9. Convert Crypto back to FIAT
10. Accounting and Tax
Anatomy Of An ICO Play
ICO investing has to be the most powerful way to double, triple, even quadruple your money that I know in such a short period of time I mean days and weeks. Just a few months to 10 times your money 20 times its crazy.
Phase 1 — Private Sale As a retail investor you will never be able to get on to the Initial Private Sale (this is when the company has an idea and goes to the venture capitalists firms with a business plan to raise some funds (get Money) to develop maybe a working Alpha or Beta proto type of the product before taking it to market. You are not in that league YET.
Phase 2 — Public PreSale This is the first opportunity to get on board a promising company with a well thought out idea and business plan this is usually reserved for larger stake holders
(Pro Tip) There are some Syndicated Funds that you can access that Pool smaller investors together to invest
Phase 3 — Public Crowd Sale This is where the rest of the public get access to the remaining portion of the investment opportunity.
Phase 4 — FOMO Exit Usually under normal conditions and harassment from the investor crowd some companies release their Tokens/Coins within 21 days and depending on the type of token they can appear on the Peer To Peer exchanges and because the hype was so great during the Public Crowd Sale there are people that want to pay a premium just to get in (FOMO — Fear Of Missing Out) sometimes up to 10X the Public Presale and Public Crowd Sale Prices! Now If I was Smart and I invested early and my investment is up 10 X would it not be prudent to take the original investment out and prepare for another? You Have To Love The FOMO Play.
Phase 5 — HODL Exit “Hold On For Dear Life” Before a HODL exit there are a couple of criteria to be met like is there an actual product being sold in the market and the the token having some utility value? As you can see in the picture I have depicted 2 common trajectories based on the actual product development MOON is when the price just starts climbing in a parabolic fashion. And I mean when it just goes Vertical! The only comment I have for this is from one of the Penguins in the kids movie Madagascar “Just Smile And Wave Boys Just Smile And Wave”!
Trajectory — Product Ready Trajectory (Dotted Line) — Under normal circumstances if the company already has a product then it could well just continue on the HYPE especially if it is being added to larger Exchanges
Product Development Trajectory — Watch your investment is the company sticking to the original road map? Are they doing consistant posts and updates on Twitter letting the community know? what is the tone in the Telegram and Discord Channel?
(Pro Tip) Remember NEWS drives PRICE
Fiat to Crypto
BEFORE YOU SET UP ANY ACCOUNT SET UP 2FA (Two Factor Authentication) Via Google in the Play Store or App Store … Do It Now
Before your convert from Fiat To Crypto ask yourself are you going to be doing this from your Personal Account or Business Account? At some point in time you will need to answer this question and depending on your personal situation the structure you run yourself under and the tax percentages you pay you will want to consider the best avenue for paying tax. If you are going to treat this as a business then do so, set yourself up properly.
When filling out the forms on the Larger Exchanges you will need to provide identification so consider that some time in the future that the tax man will know about you and the profits you made so don’t be stupid just prepare for it.
Choose Company and provide the appropriate documentation (Minutes of Meeting, Certificates of Incorporation, Shareholders Registry)
If Personal then Passport or Drivers Licence, they will want a Picture Front And Back and a Selfie of you holding the Document (You are going to need this for the ICO’s anyway so keep a copy handy you will be using these for every ICO you fill out)
Convert your Dollars, Pounds, Yen, Rupples, Rupees or whatever your local currency to Etherium (ETH) over 90% of the ICO’s that are available only take ETH as their currency and converting ETH to any other CryptoCoin you may require is very easy.
Larger Exchanges that convert Fiat To Crypto although fees are considerably lower than FOREX just be aware of fees and if you are going to be able to use them in the future (for example: Exit of your HODL Positions) here is just a summary of a few to get you started as you may be aware of some already if not dont stress we have how to’s below.
Coinbase — USA (these are the biggest and they suck until you can get your deposit limits increased $250 per week max)
Gemini — USA
Kraken — USA
Cryptopia — New Zealand
HitBTC — Europe
Independent Reserve — Australia
BEFORE YOU SET UP ANY ACCOUNT SET UP 2FA (Two Factor Authentication) Via Google in the Play Store or App Store else your account will be hacked before you even know it.
Exchanges
Cryptocurrency Exchanges are online platforms where you can exchange “Fiat Currency” for cryptocurrency or use one form of cryptocurrency to purchase another form of cryptocurrency. You can also convert cryptocurrency back into fiat.
The major exchanges used by most traders to buy and sell bitcoin, Ethereum, and Litecoin are Coinbase, GDAX, Gemini, Kraken, and Poloniex for American markets. Bitstamp, BTC Markets, CoinJar, Bitfinex and Cyptopia are exchanges that provide service for countries outside of the United States.
Alt Coins can be traded at various exchanges with Bittrex and Bitfinex being two of the more popular ones.
Wallets
Cryptocurrency Wallets are software programs that store private and public keys that interact with various blockchains to enable users to send and receive digital currency and monitor their balance. Wallets do not actually hold your coins it only holds the keys to access your transactions on the blockchain for that particular currency.
There are several types of Cryptocurrency Wallets available including:
Desktop Wallets that are downloaded and installed on a PC or laptop. They are only accessible from the single computer in which they are downloaded. Desktop wallets offer one of the highest levels of security however if your computer is hacked or gets a virus there is the possibility that you may lose all of your funds. Some examples of desktop wallets are Exodus, Armory, and Jaxx.
Online Wallets that are run on the cloud and are accessible from any computing device in any location. While they are more convenient to access, online wallets store your private keys online and are controlled by a third party which makes them more vulnerable to hacking attacks and theft. Examples would include blockchain.info, MyEtherWallet (MEW), and Exchanges. Speaking of exchanges I don’t personally consider currency kept on the exchange secured in a wallet. If I have money on an exchange it is for active trading only and not for storage.
Mobile Wallets are wallets that run on an app on your phone and are useful because they can be used anywhere. Mobile wallets are usually much smaller and simpler than desktop wallets because of the limited space available on a mobile device. Exodus, Mycelium, and Jaxx are three solid mobile wallets.
Hardware Wallets are also a great solution to store your coins for longer periods of time. They differ from software wallets in that they store a user’s private keys on a hardware device like a USB. Although hardware wallets make transactions online, the keys are stored offline which delivers increased security. Hardware wallets can be compatible with several web interfaces and can support different currencies; it just depends on which one you decide to use. What’s more, making a transaction is easy. Users simply plug in their device to any internet-enabled computer or device, enter a pin, send currency and confirm. Hardware wallets make it possible to easily transact while also keeping your money offline and away from danger. Trezor, Nano Ledger, and simple USB thumb drives are good hardware wallets.
Paper Wallets are easy to use and provide a very high level of security. While the term paper wallet can simply refer to a physical copy or printout of your public and private keys, it can also refer to a piece of software that is used to securely generate a pair of keys which are then printed. Using a paper wallet is relatively straightforward. Transferring bitcoin or any other currency to your paper wallet is accomplished by the transfer of funds from your software wallet to the public address shown on your paper wallet. Alternatively, if you want to withdraw or spend currency, all you need to do is transfer funds from your paper wallet to your software wallet. This process, often referred to as ‘sweeping,’ can either be done manually by entering your private keys or by scanning the QR code on the paper wallet. There are a few automated websites to create a paper wallet at with and being good options. I actually prefer walletgenerator better because you can run the generator offline on your PC. For Ethereum paper wallets and ERC20 tokens you can use to create a paper wallet. will show you how to create the wallet offline.
Hot & Cold Wallet Storage
Now that we know what a Cryptocurrency wallet is, we will discuss what a Hot and Cold storage wallet is and what their functions are.
Hot Storage Wallet A Hot wallet would be any wallet that you choose to use in your daily crypto activities. You will be using it to send and receive cryptocurrency frequently.
Cold Storage Wallet A Cold storage wallet is a physical wallet that you either print out on a piece of paper, a physical device like a Trezor, or a file stored on a USB drive. This wallet would be stored in a safe location such as a safety deposit box or a fire safe in your home. As always you should store your recovery seeds separate from your actual devices and ensure that they are always kept safe and legible.
Why have both The benefit of having both a hot and a cold wallet is simple. You can send currency to your cold wallet hex address at anytime without ever having to physically get the device out. This allows you a way to HODL (hold on for dear life) each of your coins. Having a hot wallet will allow you to keep a portion of your currency easily accessible to actively trade on exchanges, make investments and send out payments quickly.
Sending Your Crypto From Exchange To Your Wallet
This step is a fairly simple task
Go To your dash board on your Exchange where you converted your Fiat To ETH
Find the Withdraw Section
Find the Withdraw to your Ethereum Address
No while you have the browser open just click on the Red Fox to open Metamask
On Metamask Click on the 3 Black Dots to open the drop down menu
On Metamask Click on Copy Address To Clip Board
Paste it in the Withdraw Field on the Exchange and press Submit
ICO Research
Now we have our ETH or Crypto In their respective wallets its time to do the research on potential investments. REMEMBER THIS IS NOT FINANCIAL ADVICE NOR A SOLICITATION FOR YOU TO INVEST THIS IS FOR EDUCATIONAL PURPOSES ONLY PLEASE SEE THE DISCLAIMER SECTION.
To make it really easy I am going to show you the short cut where we look up a few links to find other well in formed individuals that are doing the same thing we are.
If Possible join their groups, signup to their Telegram channels and Discord and Save their online Spread Sheet Urls for constant reference. As you start out this would probably be the best course of action.
The Easy method consists of selecting a potential company to invest in that appears in most of the top 5–10 on all the spreadsheets but REMEMBER DO YOUR OWN DUE DILIGENCE you never know when one of the authors behind one of these sheets gets coerced by a company to put it to their subscribers for a fee. The fee would obviously be a payment probably in the form of some tokens in the sale. THIS CHANGES EVERYTHING. As the Author of the spreadsheet now has no skin in the game and the mindset of the individual changes. Its RISK FREE for them BUT NOT TO YOU so keep your wits about you.
First here are the groups and individuals and where to find their spreadsheets.There may be more as time progresses and you may find more, There are also others that have already done the work for you and collated all the material such as the pic below and you can find it here on there telegram channel https://t. me/icoplayers
BOOM There it is….The fastest way to do your shortlist selection
If you don’t want to sign up to all the various ICO calender’s and do your own research here is a fast track method but remember DUE YOUR OWN DUE DILIGENCE
SHEETS WILL BE UPDATED FROM TIME TO TIME (as authors sometimes get slack and do not update please email support if one goes down, I will also add to these as new ones become available)
Consolidated Sheets List
Two Comma Fast Lane (Always check the telegram channel for latest update to the consolidated sheet
TCF Top ICO spreadsheet:
Get weekly summary of the upcoming ICO events:
Join Telegram announcement channel:
Follow on Twitter:
Due Diligence
The Company Itself
1. Browse their website, read the whitepaper. Be able to answer the question “what does the company do?”
2. Join the company’s Slack channel, Bitcointalk thread, and Subreddit (if available) Discord and Telegram.
3. Google search their name to see if there is any recent development or articles about it.
4. Find out if there are any competitors in both the centralized and decentralized space — it helps if you have industry knowledge.
5. Look at the development roadmap and see how mature the business is.
a. A project with nothing but a white paper is a lot riskier than a business with existing product.
6. If you are tech savvy and the project is open-sourced, you can take a look at its source code and see its progress.
7. Is there a need for decentralized service? If users are happy using existing centralized solutions, then perhaps there is no demand for a decentralized service.
8. Is there network effect?
a. Metcalfe’s law states that the value of a network is proportional to the square of the number of connected users of the system.
b. It makes a lot more sense to create a token if network effect is present.
The ICO Structure
1. Read the whitepaper and find out what the ICO valuation is.
(a) The information needed are (1) the amount of hard cap,
(b) the percentage of total token ownership ICO contributors receive.
For example, if the ICO is raising up to $10 million and token holders receive 50% of total supply, then the market cap of the ICO is $10 million divided by 50% = $20 million
2. Is there any inflation for the token? Can the company generate more tokens after the ICO whenever it wants? The higher the future inflation, the more your tokens can potentially be diluted.
What is the Token For?
1. From the whitepaper, find out what the token will be used for. The two most common ways tokens can generate value are as follows:
(a) Tokens are being used to transact or perform certain functions within the platform.
(b) Profits from the project are being distributed back to token holders.
2. Find out how the token can appreciate in value. Is it from a wider usage of the platform? Or from higher profits generated by the project?
The Team Behind the Project
1. Search the key team members’ names and see if anything odd shows up.
2. Do they have LinkedIn profile / GitHub page? How much relevant experience do they have? Are they working full-time in the ICO project?
3. Look at the list of advisors / investors.
(a) Treat this with a grain of salt — the scope of work for an advisor can range from talking to the team once on the phone to working 20 hours a week alongside with the team.
(b) Understand that a lot of advisorships are for marketing purposes only.
Just because a famous person is listed as an advisor or investor, it doesn’t mean that the project is legit. Always do you own research!
4. How long has the team been together? Have the team members worked together in another project before? If the team is quickly put together, then the ICO has a higher risk of being a money grab.
Risks
1. Consider what can go wrong with the project. Answer the question “if this ICO turns out to be a disaster, what would be the reasons for it?”
2. Business risks — factors that can sink the business.
(a) Is there demand for the product / service?
(b) Analyze the business risks using Porter’s five forces:
i Product substitution
ii Bargaining power of suppliers
iii Bargaining power of customers
iv Existing competition
v Threat of new entrants
3. Governance risk — are the incentives for founders and token holders aligned?
4. How promotional are they?
(a) Check the tone of website. If the website keeps talking about how large the industry is instead of describing in detail what the project does, it has a higher chance of being a money grab.
(b) Do they do any paid advertising?
If they pay for press releases that sound promotional, they are most likely money grabs — avoid them!
What is Your Investment Objective?
1. Before contributing, have a game plan about what to do with the Investment.
2. Do you want to sell shortly after the tokens are tradable (flipping or FOMO Exit?) or hold for the long term?
(a) If you are flipping:
i Find out how popular the ICO is. You don’t want to contribute in a project that cannot be completely filled in 1–2 days after the crowdsale is open to public.
ii Generally, the smaller the fundraising size, the easier it is to fill the crowdsale quickly.
iii Some ICOs have a presale period before the crowdsale. Take advantage of them in more popular ICOs!
iv Find out when the tokens will be distributed. The longer the lock up period, the less desirable the ICO is.
(b) If you are treating it as long-term investment:
i Understand that ICOs are extremely volatile — they can go up or down by over 30% in a day without any news whatsoever!
ii You need to be able to stomach the swings if you want to ride for the long run.
Think of ETH as a rocket, if you don’t give it enough gas to launch up to space (to the contract ), Your ETH will just fall back down to your wallet…
Introduction
Ethereum is the network, also known as the blockchain. Ether (ETH) is the fuel for that network. When you send tokens, interact with a contract, send ETH, or do anything else on the blockchain, you must pay for that computation. That payment is calculated in Gas and gas is paid in ETH.
You are paying for the computation, regardless of whether your transaction succeeds or fails. Even if it fails, the miners must validate and execute your transaction (compute) and therefore you must pay for that computation just like you would pay for a successful transaction.
You can see your TX fee (gas limit * gas price) in ETH & USD when you search for your transaction on . This is not a TX fee that MyEtherWallet, or any other service provider, receives. This fee is paid to miners for mining transactions, putting them into blocks, and securing the blockchain.
Overview
When you hear gas, the person is either talking about:
Gas LimitGas Price
The total cost of a transaction (the “TX fee”) is the Gas Limit * Gas Price.
Typically, if someone just says “Gas”, they are talking about the “Gas Limit”.
Analogy Time!
You can think of the gas limit like the amount of liters/gallons/units of gas for a car. You can think of the gas price as the cost of that liter/gallon/unit of gas.
With a car, it’s $2.50 (price) per gallon (unit).With Ethereum, it’s 20 GWEI (price) per gas (unit).
To fill up your “tank”, it takes…
10 gallons at $2.50 = $2521000 units of gas at 20 GWEI = 0.00042 ETH.
Therefore, the total TX fee will be 0.00042 Ether.
Sending tokens will typically take ~50000 gas to ~100000 gas, so the total TX fee increases to 0.001 ETH – 0.002 ETH.
, which can be helpful when you want to know your TX fee in ETH, rather than GWEI.
Gas Limit
The gas limit is called the limit because it's the maximum amount of units of gas you are willing to spend on a transaction. This avoids situations where there is an error somewhere in the contract, and you spend 1 ETH….10 ETH….1000 ETH….. going in circles but arriving no where.
However, the units of gas necessary for a transaction are already defined by how much code is executed on the blockchain. If you do not want to spend as much on gas, lowering the gas limit won’t help much. You must include enough gas to cover the computational resources you use or your transaction will fail due to an Out of Gas Error.
All unused gas is refunded to you at the end of a transaction. So if you go to MyEtherWallet, send 1 ETH to our donation address ( ? ), and use a gas limit of 400000 you will receive 400000–21000* back. However, if you were sending 1 ETH to a contract and your transaction to the contract fails (say, the Token Creation Period is already over), you will use the entire 400000 and receive nothing back.
*21000 is the gas limit for standard transactions
Gas Price
If you want to spend less on a transaction, you can do so by lowering the amount you pay per unit of gas. The price you pay for each unit increases or decreases how quickly your transaction will be mined.
During normal times:
40 GWEI Gas Price will almost always get you into the next block.20 GWEI will usually get you within the next few blocks.2 GWEI will usually get you within the next few minutes.
During Token Creation Periods, these costs go crazy due to supply / demand:
50 GWEI is the max gas price most new Token Creation Period contracts will accept. Anything above that and your TX will fail. Most is the keyword here—check with the Token Creation Period you wish to invest in before said Token Creation Period begins.50 GWEI would be the amount you should send in that case.If you are trying to send during an Token Creation Period (but not to the Token Creation) you have 2 choices: wait a bit until the Token Creation Period is over, or increase the gas price over 50 GWEI.
You can adjust the gas price on MyEtherWallet in the footer via the slider. It is capped at 50 GWEI in order to prevent people tying to send to Token Creation Periods from having all their transactions fail because they don’t read anything.
Will increasing the gas price get it mined faster? Does setting a low gas price mean it won’t ever be mined?
The transaction fees go to the miner who mines your block. When miners mine a block, they have to decide which transactions to include. They can choose to include no transactions, or they can choose to randomly select transactions. In order to encourage miners to include transactions in blocks you want to set a “Gas Price” that is high enough to make them want to include it (since it is entirely up to them).
Most miners follow a very simple strategy for inclusion. They include transactions they received sorted from highest Gas Price to lowest, then include them until either the block is full or they reach one that has a Gas Price set lower than they are willing to bother with.
You want to set the Gas Price high enough so that a miner includes your transaction in a block. If you are in a hurry, you can set the Gas Price higher, so that you jump ahead of everyone in line. If you are not in a hurry, you just need to set a number high enough so that someone eventually includes your transaction.
Why should I set a low Gas Price?
Because it’s cheaper and because with the increasing price of ETH compared to USD, a transaction that used to cost half a cent, may cost a few cents. More expensive transactions, like bidding on an ENS name, can now cost a dollar or more! As a user, you should try sending non-urgent transactions with a lower gas price as the more transactions that occur at the lower gas price, the more likely miners will lower their minimums.
Should I increase the gas limit for token sales, though?
You should put whatever the token sale holders tell you to put. If you do not know, then ask, before the token sale. This ensures that your transaction won’t fail due to an “Out of Gas” error. Typically, a 200000 gas limit will be enough, but some require more.
Increasing the amount to 1 500 000 or more will not increase the likelihood of getting in. All it will do is fill up the blocks faster and you will lose that TX fee if it doesn’t go through. We have never seen a token sale that requires over a 800 000 gas limit.
So I should send with a hugeeeeeeeee gas price for token sales, right?
Not necessarily. The risk in increasing it is that you could still not get in, and pay the fee anyways. The gas will NOT be returned to you if you send with a too-low gas limit, too early, or too late in the Token Creation Period.
First, see if the token sale has a max gas price. If they do, use that as the gas price. Both Status and Bancor had a max gas of 50 GWEI.
If they let you send with any amount of gas price, you should decide how much you are will to invest, and how much you are willing to spend on that attempt to invest. You must assume that you will pay the full fee and get nothing in return during Token Creation Periods. Take the gas limit (e.g. 200000), multiply by the gas price (e.g. 50 GWEI or 0.00000005 ETH) and that is how much you will pay for your attempt to get in.
Before the BAT Token Creation Period, the average gas price was 20 GWEI (the default) for Token Creation Periods. Now it’s who-the-fuck-even-knows:
40 GWEI * 200000 == 0.008 ETH == $5.60 USD70 GWEI * 200000 == 0.014 ETH == $9.80 USD100 GWEI * 200000 == 0.02 ETH == $14.00 USD
Absurd Gas Prices From the BAT Token Creation Period (USD prices at time of TX)
118 GWEI * 200000 == 0.0236 ETH == $6.13 USD7590 GWEI * 200000 == 1.518 ETH == $394.68 USD58000 GWEI * 200000 == 11.6 ETH == $3,016 USD
That’s right. Someone paid $6000+ to send a failed transaction. Ouch, indeed.
Where can I see what miners are accepting?
Start here:
(At the time of this writing) Below 20 GWEI the blocks are almost all full, which means if you set lower than that you’ll have to wait in line with everyone else.
A very awesome miner, miningpoolhub, accepts a 2 GWEI price, but their blocks are always full and they only account for 9% of mining which means about 1 in every 10 blocks (~150 seconds) will accept transactions with 2 GWUI gas price and when it does it is full so you may have to wait for a few of those.
will let you estimate how long it will be before your transaction is accepted at a certain gas price.
Here is a great video on Gas limits…well worth the watch.
ICO Token to Crypto
This is the easy part
The ICO Company Does This For You! They will send the converted tokens to your Ethereum Address you used in the ICO sign Up Process. Or if it is a different currency you used like bitcoin or anything else it will generally end up there.
You can always login the the ICO company Dashboard or check on their Telegram or discord channel for updates and I highly recommend you keep up to date and stay informed
Just wait till they appear in your Wallet
Metamask here is how to add an ERC2.0 contract (Ethereum Based)
First lets find the contract on Etherscan (these guys are pretty up to date with contract additions)
Goto the top search bar and start typing in your Token/Coin Name in this example we are going to add the Lamden (TAU) token
Next Copy And Paste the contract into METAMASK
and add the Token Decimals Here is where you will find the information
FOMO Exit
This chapter assumes you have set up METAMASK.
You will want to monitor the contract you are trading. Once satisfied that you are on the correct contract and you are happy with the price at which you can sell do the following;
You will need to transfer Tokens to the EtherDelta Smart Contract and this is done by the Deposit Window notice how 0.207 is sitting in Wallet and not EtherDelta? that’s because we have to make a transfer (deposit) to the etherdelta smart contract before we can trade.
As you can see in the above screenshot I have 0.207 ETH available to transfer as that is what I have in this demo wallet
I can now enter the amount I want to transfer in the amount window and then click transfer take a look at the above screen shot and notice that under TOKEN circled in red that there is a PPT and under that is ETH
Under Wallet we have nothing in PPT and 0.207 in ETH
Under Ether Delta We have 0 PPT and 0 ETH
This confuses most newbies and pros alike if they would just colour the button on that ribbon it would make life a lot easier and they probably will in future versions of there service.
So do a test send a small amount of ETH to the EtherDelta smart contract by doing a deposit and obviously a reverse for a withdrawal its a small price to pay for your education.
There are plenty of YouTube Videos on EtherDelta so take a look at a few for Extra Training — This course will be releasing a video series on this exchange to help you so keep an eye out for it in your email. Plus as of writing this course EthaDelta has been sold and is going to be updated so there will be massive improvements. We will also monitor other trading platforms and once user acceptance is at a level where liquidity is provided we will notify you.
Here is a great video explaining the use of EtherDeltaOther Decentralized Exchanges
Other P2P Exchanges That Are Similar To Ether Delta
Gate
IDEX — (I am liking this platform more and more and when Volume starts to come in it will be a good platform to use)
HODL Exit
Once the token has been listed on the MAJOR exchanges you should see a big push as the Token now has exposure to a greater audience. Consider your options at this point.
Exit the trade after it has gone parabolic, you will get a feel for when its time to exit it will be a gut feeling. If the project is good then stay with it for years and reap the rewards.
You can run a trailing stop loss under the last LOW as depicted in the picture above. Or when you feel the market doesn’t have anymore puff, or if you feel that you just want to take a profit.
Monitor and under the markets tab you will see a list of exchanges the Token is listed on.
By now you should have already have an account open with them, if so make a deposit from your wallet to the exchange.
Sell your Token for lets say ETH
Then you can convert your ETH at any of the FIAT TO CRYPTO Exchanges and withdraw back to your bank account if so desired.
The Blockchain movement is still in its infancy there will be gems that come out with have massive real world application that have the potential to be the next Apple, Facebook and Microsoft and Guess what? Your RIGHT SMACK BANG IN THE MIDDLE OF IT ready to capitalize.
Stay Safe Out There
