How to Find New Crypto Coins?
There are more than 18,000 cryptocurrencies available. Each coin boasts an array of technical terms, many of them difficult to explain.
Knowing where to look and how to evaluate will help you determine whether the coin is worth it or not.
π Using several sources is the best way to vet a new crypto coin
π± Exchanges (Coinbase, Gemini, Kraken, Binance), data aggregators (Coingecko, CoinMarketCap), and social media are some of the quickest methods for finding new coins
π© Cryptocurrency tools like PooCoinCharts and TokenSniffer provide in-depth looks at coins that can help you decide whether a coin is valid or a rugpull
πΌ Non-fungible tokens, cryptolinked exchange-traded funds, and ICO are also ways you can gain exposure to this developing and exciting market (OpenSea, Rarible, and SuperRare)
*If you're interested in investing in new crypto coins, talk to a finance professional who will help you figure out if the investments make sense for your goals and financial circumstances
There are more than 18,000 cryptocurrencies available. Each coin boasts an array of technical terms, many of them difficult to explain.
Knowing where to look and how to evaluate will help you determine whether the coin is worth it or not.
π Using several sources is the best way to vet a new crypto coin
π± Exchanges (Coinbase, Gemini, Kraken, Binance), data aggregators (Coingecko, CoinMarketCap), and social media are some of the quickest methods for finding new coins
π© Cryptocurrency tools like PooCoinCharts and TokenSniffer provide in-depth looks at coins that can help you decide whether a coin is valid or a rugpull
πΌ Non-fungible tokens, cryptolinked exchange-traded funds, and ICO are also ways you can gain exposure to this developing and exciting market (OpenSea, Rarible, and SuperRare)
*If you're interested in investing in new crypto coins, talk to a finance professional who will help you figure out if the investments make sense for your goals and financial circumstances
π₯3
Our COO Alex generously gives us some analysts!π€π»
Β«A "Diamond Bottom" pattern has formed on the daily chart of the cryptocurrency. The majority of the traders in the market will focus on this formation indicating the upward direction. But in modern adaptation to the market, the pattern can also work in a downward direction.
Now you can focus only on the edge of the figure itself: "Diamond Bottom" and "Key level" at $28,500 and $32,200 respectively. The loss or breakdown of one of them will lead to the final result of the model and will become a benchmark for the mood of the entire market.Β»
Do you agree?
Β«A "Diamond Bottom" pattern has formed on the daily chart of the cryptocurrency. The majority of the traders in the market will focus on this formation indicating the upward direction. But in modern adaptation to the market, the pattern can also work in a downward direction.
Now you can focus only on the edge of the figure itself: "Diamond Bottom" and "Key level" at $28,500 and $32,200 respectively. The loss or breakdown of one of them will lead to the final result of the model and will become a benchmark for the mood of the entire market.Β»
Do you agree?
π6
π€© NFT in 8.Finance? Tell me everything!
π Normally thatβs impossible to transfer the allocation to another user, but with help of NFT, it is possible
π To sell the allocation to another user, the investor could notify the team while buying, that he wants to wrap the tokens in the NFT. He receives NFT, in which the tokens will be βwrappedβ
β° The vesting of tokens will not begin until the NFT has been unwrapped. In this case, the location can no longer be sold to anyone, and the investor will receive tokens within 12 months of vesting.
π These NFTs will only be available to members of the Private and Public Sales. After that, NFTs will not be issued. The offer is limited!
π Normally thatβs impossible to transfer the allocation to another user, but with help of NFT, it is possible
π To sell the allocation to another user, the investor could notify the team while buying, that he wants to wrap the tokens in the NFT. He receives NFT, in which the tokens will be βwrappedβ
β° The vesting of tokens will not begin until the NFT has been unwrapped. In this case, the location can no longer be sold to anyone, and the investor will receive tokens within 12 months of vesting.
π These NFTs will only be available to members of the Private and Public Sales. After that, NFTs will not be issued. The offer is limited!
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β‘οΈ 8.Finance is giving free tokens to community members
π 200 lucky winners who completed the tasks and got more entries than anyone will gain 2000 $8F tokens each
π 50 random users will get 10 $BUSD each
π― Follow + retweet on our Twitter
π― Join our Discord server and say hi
π― Make sure not to miss out on other tasks: gleam.io/uCuL2/8finance-community-airdrop
πΈ Prize fund: $6,620 in $8F and $BUSD
π 13/06/2022 β 30/06/2022
βΎ 8.Finance is a complex MetaFi platform, where anyone can play, learn about crypto and earn crypto without being an expert. We bridge P2E Games, DeFi, DAOs and Metaverses to make the users' crypto journey smooth and help them at each step.
π Snake for Crypto is a snake-like game. Users collect game points, 8F tokens and other cryptocurrencies. And then use the collected tokens to: learn more about crypto, sell, stake etc. We give users the opportunity to get acquainted with crypto projects in a game format and gain money!
πAbout 8.Finance: https://landing.8.finance
π 200 lucky winners who completed the tasks and got more entries than anyone will gain 2000 $8F tokens each
π 50 random users will get 10 $BUSD each
π― Follow + retweet on our Twitter
π― Join our Discord server and say hi
π― Make sure not to miss out on other tasks: gleam.io/uCuL2/8finance-community-airdrop
πΈ Prize fund: $6,620 in $8F and $BUSD
π 13/06/2022 β 30/06/2022
βΎ 8.Finance is a complex MetaFi platform, where anyone can play, learn about crypto and earn crypto without being an expert. We bridge P2E Games, DeFi, DAOs and Metaverses to make the users' crypto journey smooth and help them at each step.
π Snake for Crypto is a snake-like game. Users collect game points, 8F tokens and other cryptocurrencies. And then use the collected tokens to: learn more about crypto, sell, stake etc. We give users the opportunity to get acquainted with crypto projects in a game format and gain money!
πAbout 8.Finance: https://landing.8.finance
π33π₯7β€1π€1
π Problems we solve: High risks of fraud
π³ According to the Crystal Blockchain, about 12 billion USD were stolen in DeFi projects in 2021. Our main task is to raise the security standards in the industry and prove by personal example that DeFi can be highly profitable and safe at the same time.
π How do we do it?
π Creating The Safest Launchpad, where project are reviewed by the Expert Teams and project do not gain all the collected money at once β we will tell you about the Safest Launchpad later in details
πIncreasing the level of education in crypto
πProviding more transparency to the market
π€ And more! Read about 8.Finance here
π³ According to the Crystal Blockchain, about 12 billion USD were stolen in DeFi projects in 2021. Our main task is to raise the security standards in the industry and prove by personal example that DeFi can be highly profitable and safe at the same time.
π How do we do it?
π Creating The Safest Launchpad, where project are reviewed by the Expert Teams and project do not gain all the collected money at once β we will tell you about the Safest Launchpad later in details
πIncreasing the level of education in crypto
πProviding more transparency to the market
π€ And more! Read about 8.Finance here
π174π₯9π€©4π€2
8.Finance analyst β Oleg, thoughts about Bitcoin
Β«The Consumer Price Index rose 8.6 percent in May, the largest increase since December 1981. Bitcoin fell because it is not a hedge against inflation (as many say), but a high-risk asset. None of us want the downward movement to continue, and no one knows exactly when the bottom will occur. We have to be prepared for different scenarios, one of the worst is on the chart. According to this scenario, bitcoin could reach the bottom line of the long-term channel. It is possible that we will see 10k per coin in late 2022. There will be a big panic before the rise starts, as it usually does. Be cautious, invest only in safe assets.Β»
Do you agree?
Β«The Consumer Price Index rose 8.6 percent in May, the largest increase since December 1981. Bitcoin fell because it is not a hedge against inflation (as many say), but a high-risk asset. None of us want the downward movement to continue, and no one knows exactly when the bottom will occur. We have to be prepared for different scenarios, one of the worst is on the chart. According to this scenario, bitcoin could reach the bottom line of the long-term channel. It is possible that we will see 10k per coin in late 2022. There will be a big panic before the rise starts, as it usually does. Be cautious, invest only in safe assets.Β»
Do you agree?
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Top Cryptocurrency Myths π€π
1οΈβ£ Digital Currencies Are Only Used for Illicit Activity
The number of cryptocurrency transactions related to illicit activities fell in 2020 (the latest report) to 0.34% of all cryptocurrency transactions.
2οΈβ£ Digital Currencies Don't Have Value
Value is a subjective concept: Bitcoin, was valued in 2009 in thousandths of a cent. Its popularity continued to rise, and in 2021, it reached $69,000 per Bitcoin.
3οΈβ£ Cryptocurrencies Aren't Secure
The encryption, linked blocks, and consensus mechanisms make it nearly impossible to change information in the blockchain to "steal" cryptocurrency.
4οΈβ£ Digital Currencies Are Bad for the Environment
The environmental impact greatly depends upon the source of energy. If mining operations are powered mostly by sustainable energy, the environmental impact is lower.
5οΈβ£ Cryptocurrencies Are a Fad
Computers, the internet, and email were considered interesting only to a small crowd of tech fans β they are now staples of modern life.
1οΈβ£ Digital Currencies Are Only Used for Illicit Activity
The number of cryptocurrency transactions related to illicit activities fell in 2020 (the latest report) to 0.34% of all cryptocurrency transactions.
2οΈβ£ Digital Currencies Don't Have Value
Value is a subjective concept: Bitcoin, was valued in 2009 in thousandths of a cent. Its popularity continued to rise, and in 2021, it reached $69,000 per Bitcoin.
3οΈβ£ Cryptocurrencies Aren't Secure
The encryption, linked blocks, and consensus mechanisms make it nearly impossible to change information in the blockchain to "steal" cryptocurrency.
4οΈβ£ Digital Currencies Are Bad for the Environment
The environmental impact greatly depends upon the source of energy. If mining operations are powered mostly by sustainable energy, the environmental impact is lower.
5οΈβ£ Cryptocurrencies Are a Fad
Computers, the internet, and email were considered interesting only to a small crowd of tech fans β they are now staples of modern life.
π₯19β€2π2
Knife catching is a dangerous trading, as long as you don't have enough reason to open a position.
8.Finance analyst β Oleg, thoughts about Ethereum
Β«On the daily chart of Ethereum, the price is near the parallel channel line (1) and the psychological level of 1k (2). We have the right to expect support in this zone.
The intraday chart gives confirmations. Pay attention to the consolidation range (3). The bearish breakout (4) failed as price returned to the range (5). This suggests that demand is returning to the market.Β»
Do you agree?
8.Finance analyst β Oleg, thoughts about Ethereum
Β«On the daily chart of Ethereum, the price is near the parallel channel line (1) and the psychological level of 1k (2). We have the right to expect support in this zone.
The intraday chart gives confirmations. Pay attention to the consolidation range (3). The bearish breakout (4) failed as price returned to the range (5). This suggests that demand is returning to the market.Β»
Do you agree?
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π§ How to Identify the Next Big Cryptocurrency Like 8F πΈ
π° Price Is Crucial
The ability to diversify with low-priced coins should not be overlooked. By the way, 8F is only $0,0042 on the Seed Round!
π‘ Prospects for Adoption
If you're able to identify a cryptocurrency which has an edge over others (and which therefore may be more likely to be widely adopted), this may be a good investment. For example, 8.Finance bridges P2E Games, DeFi, DAOs and Metaverses to make the users' crypto journey smooth and help them at each step.
β Supply Is a Factor
Be sure to consider the total supply and the current circulation of any cryptocurrency before you invest. 100% of 8F tokens were issued at pre-mine. Inflation caused by emission is 0%, but a decrease in supply happens due to a natural outflow.
βοΈDYORβοΈ
Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions.
π° Price Is Crucial
The ability to diversify with low-priced coins should not be overlooked. By the way, 8F is only $0,0042 on the Seed Round!
π‘ Prospects for Adoption
If you're able to identify a cryptocurrency which has an edge over others (and which therefore may be more likely to be widely adopted), this may be a good investment. For example, 8.Finance bridges P2E Games, DeFi, DAOs and Metaverses to make the users' crypto journey smooth and help them at each step.
β Supply Is a Factor
Be sure to consider the total supply and the current circulation of any cryptocurrency before you invest. 100% of 8F tokens were issued at pre-mine. Inflation caused by emission is 0%, but a decrease in supply happens due to a natural outflow.
βοΈDYORβοΈ
Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions.
π7
Our COO Alex generously shares insightsπ€π»
Β«There is a formation of a local "Range" observed on the main cryptocurrency market. Itβs time is about 3 weeks, with $ 7,000. The dynamics of the market indicates significant activity on the part of the seller, followed by an upward corrective movement. Price may touch two of the three circles before the sellers attack further.
The main condition for the implementation of the scenario is to keep the price at a level not lower than $18,000. The negative mood on the part of the market still persists. Therefore, most traders are not acting up, they are not waiting for signals to "buy" or "sell".Β»
Do you agree?
Β«There is a formation of a local "Range" observed on the main cryptocurrency market. Itβs time is about 3 weeks, with $ 7,000. The dynamics of the market indicates significant activity on the part of the seller, followed by an upward corrective movement. Price may touch two of the three circles before the sellers attack further.
The main condition for the implementation of the scenario is to keep the price at a level not lower than $18,000. The negative mood on the part of the market still persists. Therefore, most traders are not acting up, they are not waiting for signals to "buy" or "sell".Β»
Do you agree?
π₯9
π Looking for the next promising token? This one could be your lifetime opportunityπ°
8.Financeβs token 8F is grabbing everybodyβs attention like it grabbed yours.
If you missed Automata and SHIBA, this is your chance before they go viral across all social media platforms π€©
β This is your opportunity before they get listed on Coinmarketcap and see those gains due to WAY more traffic!! (listed on Cryptototem and ICOHOLDER last month).π
Join 8.Finance AirDrop belowππ»
https://gleam.io/uCuL2/8finance-community-airdrop
8.Financeβs token 8F is grabbing everybodyβs attention like it grabbed yours.
If you missed Automata and SHIBA, this is your chance before they go viral across all social media platforms π€©
β This is your opportunity before they get listed on Coinmarketcap and see those gains due to WAY more traffic!! (listed on Cryptototem and ICOHOLDER last month).π
Join 8.Finance AirDrop belowππ»
https://gleam.io/uCuL2/8finance-community-airdrop
π16π₯2
π 8.Finance development directions:
Improvement of financial education level in cryptocurrency and decentralized projects
Services of education and financial literacy in the cryptocurrency market are an integral part of 8.Finance's mission to create a positive effect for the whole cryptocurrency sector.
Our Solutions:
π Creation and development of an open educational web portal/social network for generation of courses and educational content and its monetization
π Creation of educational content involving famous bloggers and influencers of the cryptocurrency market
π Program to support beginner bloggers / authors of high-quality educational content
π Introduction of an incentive and reward system for successful students, a grant scheme to continue education in professional institutions
π Sponsorship of development/publishing nuts-and-bolts courses on websites like Coursera
π Development of cooperation with employers and educational institutions.
Improvement of financial education level in cryptocurrency and decentralized projects
Services of education and financial literacy in the cryptocurrency market are an integral part of 8.Finance's mission to create a positive effect for the whole cryptocurrency sector.
Our Solutions:
π Creation and development of an open educational web portal/social network for generation of courses and educational content and its monetization
π Creation of educational content involving famous bloggers and influencers of the cryptocurrency market
π Program to support beginner bloggers / authors of high-quality educational content
π Introduction of an incentive and reward system for successful students, a grant scheme to continue education in professional institutions
π Sponsorship of development/publishing nuts-and-bolts courses on websites like Coursera
π Development of cooperation with employers and educational institutions.
π7
π€ Cryptocurrency glossary for those who are just starting to dive into the world of crypto!
πΉ DAO - Decentralized Autonomous Organisation.
An organization whose activities are governed by programmed rules. The fact that a DAO is controlled by the community determines the way decisions are made within that organization. By the way, the $8F token is also a governance token.
πΉ dApp - Decentralized Application. A software product based on blockchain technology.
πΉ Decentralization - This is the principle of network architecture where there is no main node in the network. All nodes in the network have equal rights.
πΉ DeFi - DEcentralized FInance. Ecosystem of financial applications built on blockchain networks.
Features of DeFi project services:
π transparency,
π independence from a central authority,
π user control over their assets,
π automation.
πΉ DEX - DEcentralized EXchange. A centralized exchange is a place where participants can buy and sell cryptocurrencies and other assets.
Our glossary πΈ
πΉ DAO - Decentralized Autonomous Organisation.
An organization whose activities are governed by programmed rules. The fact that a DAO is controlled by the community determines the way decisions are made within that organization. By the way, the $8F token is also a governance token.
πΉ dApp - Decentralized Application. A software product based on blockchain technology.
πΉ Decentralization - This is the principle of network architecture where there is no main node in the network. All nodes in the network have equal rights.
πΉ DeFi - DEcentralized FInance. Ecosystem of financial applications built on blockchain networks.
Features of DeFi project services:
π transparency,
π independence from a central authority,
π user control over their assets,
π automation.
πΉ DEX - DEcentralized EXchange. A centralized exchange is a place where participants can buy and sell cryptocurrencies and other assets.
Our glossary πΈ
π6β€1
8.Finance analyst β Oleg, thoughts about Dollar Index Futures
Β«The dollar futures index yesterday had its highest volume (1) since the Spring 2020 panic. As the contract price is near resistance levels and the price formed a false bullish breakout (we can't be entirely sure of that), the high volume could indicate activity by the big players, who use high prices to sell dollar index contracts (bearish signal).Β»
Do you agree?
Β«The dollar futures index yesterday had its highest volume (1) since the Spring 2020 panic. As the contract price is near resistance levels and the price formed a false bullish breakout (we can't be entirely sure of that), the high volume could indicate activity by the big players, who use high prices to sell dollar index contracts (bearish signal).Β»
Do you agree?
π12
πΈ Making money on cryptocurrency doing nothing? Easy!
Passive earnings on cryptocurrency: 6 main ways
1οΈβ£ Crypto Lending
Some of the top crypto passive income generators in 2022 include lending strategies such as peer-to-peer lending, margin lending, or DeFi lending.
2οΈβ£ Yield Farming
You can try yield farming as a liquidity provider on different DeFi exchanges.
3οΈβ£ Interest-Bearing Crypto Accounts
You would notice many similarities between interest-bearing crypto accounts and traditional savings accounts in banks.
4οΈβ£ Dividend on Tokens
Some companies offer a certain share of their revenue with the tokens they issue to investors.
5οΈβ£ Staking
The community-based approach aims to resolve all concerns of centralized intervention.
6οΈβ£ Cloud Mining
The concept of cloud mining basically focuses on the delegation of crypto mining tasks to third parties.
βοΈDYORβοΈ
You need to start with a basic impression of the risks in the domain of crypto investment.
Passive earnings on cryptocurrency: 6 main ways
1οΈβ£ Crypto Lending
Some of the top crypto passive income generators in 2022 include lending strategies such as peer-to-peer lending, margin lending, or DeFi lending.
2οΈβ£ Yield Farming
You can try yield farming as a liquidity provider on different DeFi exchanges.
3οΈβ£ Interest-Bearing Crypto Accounts
You would notice many similarities between interest-bearing crypto accounts and traditional savings accounts in banks.
4οΈβ£ Dividend on Tokens
Some companies offer a certain share of their revenue with the tokens they issue to investors.
5οΈβ£ Staking
The community-based approach aims to resolve all concerns of centralized intervention.
6οΈβ£ Cloud Mining
The concept of cloud mining basically focuses on the delegation of crypto mining tasks to third parties.
βοΈDYORβοΈ
You need to start with a basic impression of the risks in the domain of crypto investment.
π2
π§ Is it worth accumulating new tokens if the entire cryptocurrency market is falling?
π€© The answer is yes.
π First of all, a falling market sooner or later opens up the opportunity to invest at the best price.
π Secondly, the crisis lets us see who is who. Yesterday's leaders turned out to be scams, and new projects aimed at long-term growth have risked to express themselves and succeeded.
β‘οΈ 8.Finance is working on a play-and-learn-to-earn platform that has the potential to reach 100 million users.
βΎ 8.Finance is developing the Snake for Crypto game, in which you can collect cryptocurrencies on the playing field, exchange them for USD, bet on staking and farming.
Deflationary tokenomics has 30 ways to maintain the value of a token.
πΈ Get free $8F project tokens for free during the airdrop by following simple steps in their AirDrop π gleam.io/uCuL2/8finance-community-airdrop
π€© The answer is yes.
π First of all, a falling market sooner or later opens up the opportunity to invest at the best price.
π Secondly, the crisis lets us see who is who. Yesterday's leaders turned out to be scams, and new projects aimed at long-term growth have risked to express themselves and succeeded.
β‘οΈ 8.Finance is working on a play-and-learn-to-earn platform that has the potential to reach 100 million users.
βΎ 8.Finance is developing the Snake for Crypto game, in which you can collect cryptocurrencies on the playing field, exchange them for USD, bet on staking and farming.
Deflationary tokenomics has 30 ways to maintain the value of a token.
πΈ Get free $8F project tokens for free during the airdrop by following simple steps in their AirDrop π gleam.io/uCuL2/8finance-community-airdrop
π₯6π2