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SOL $191.30, a new 52 week high.
APT $15.42 new 52 week high. All time high is $19.90.
BTC volatile now trading $66,000 to $73,750, a new all time high. Honestly, I thought this BTC price would bring many of the top 20 cryptos back to or close to their all time highs. Like AVAX, all time high of $146 just 2 years ago but still only at $50+. I can't complain as my AVAX average is only $11. With BTC trading at all time highs, I thought AVAX would be back to at least over $80 with this BTC run. The money has flowed out of the OTC into crypto. I am up over 6 figures in crypto in the last 2 months. Crypto 2024 is a mini OTC 2021!!!
ETH trading between $3,600 and $4,100. Imagine what happens if ETH EFTs are approved. Exciting times in crypto.
"The anticipated approval of Ethereum ETFs in May 2024 is a milestone event poised to drive institutional adoption and enhance liquidity. Such regulatory advancements could strengthen Ethereum's market position and widen its investor base, bringing a new era of growth and expansion"
Cryptocurrency Glossary Of Terms & Acronyms
A
Altcoin. Any cryptocurrency other than Bitcoin.
ASIC. An acronym that stands for an application-specific integrated circuit. An ASIC is a powerful and expensive computing device used for mining cryptocurrency. (See mining.)
B
Bitcoin (BTC). The original, largest and best-known cryptocurrency.
Buy the dip. An investing strategy involves buying an asset when its price has fallen to reap the benefits when its price rises again.
Blockchain. The underlying technology is used by nearly all cryptocurrencies. A blockchain is essentially a complete ledger of transactions held simultaneously by multiple nodes on a network.
C
Coin. A colloquial term for a cryptocurrency. (See altcoin and meme coin.)
Cold wallet. A physical storage device such as a flash drive, hard drive or “solid state” drive used to store cryptocurrency offline.
Cryptocurrency. A digital asset that can be used as a store of value or a medium of exchange for goods and services. Transactions are verified and recorded using cryptography by a distributed network of participants, rather than a centralized authority such as a bank or government agency.
Cryptography. A method of keeping information secret and secure by scrambling it into indecipherable codes. The information can only be decrypted and read with the necessary key.
D
dApp. Short for decentralized application, a dApp is an app that isn’t controlled by a central authority. Twitter is an example of a centralized app, with users relying on it as an intermediary to send and receive messages. A dApp is distributed on a blockchain, allowing users to send and receive data directly without an intermediary.
DeFi. Short for decentralized finance. Finance is traditionally centralized because it relies on trusted intermediaries. For example, if you want to send money to a friend or relative, you rely on your bank to send it to the recipient’s bank. DeFi, on the other hand, requires no intermediaries. Participants can send and receive assets directly. In theory, this makes transactions faster and cheaper.
DAO. An acronym that stands for a decentralized autonomous organization. A DAO is a group of people who work together toward a shared goal and abide by rules written into the project’s self-executing computer code. Bitcoin (the project, not the currency) is the earliest example of a DAO.
Distributed ledger. In traditional finance, an organization such as a bank holds a ledger of all its customers’ transactions. Distributed ledges use nodes, or independent computers, to record, share, synchronize transactions on the electronic ledger. A blockchain is a type of distributed ledger.
Double spend. If you spend $5 in cash to pay for a sandwich, you no longer own the $5 and cannot spend it a second time. Even with digital transactions, centralized authorities, such as banks, only permit people to spend their money one time. With decentralized financial tokens like cryptocurrencies, a single coin could be copied 100 times and spent 100 times. Blockchain helps solve and prevent this double-spend problem.
E
Exchange. A website or app that allows users to buy and sell crypto assets.
Ether (ETH). The native cryptocurrency token of the Ethereum platform
Ethereum. The second-biggest cryptocurrency by market capitalization after Bitcoin.
Encryption. The process of making digital information into a form that prevents unauthorized access. If you use a password to access a website, the site should be encrypting it so that it is of no use to hackers if stolen.
F
Fiat currency. Traditional currencies are backed by the full faith and credit of a nation state. The U.S. dollar, the euro or the British pound are fiat currencies.
Fork. The process by which the community that runs an individual cryptocurrency makes a change to the blockchain’s governing protocols. The change marks a major departure—a fork, if you will—from the previous iteration of the blockchain. Soft forks typically involve a change in the software protocol, but one that is backwards-compatible. Hard forks are significant enough to require all nodes to upgrade to the latest version.
G
Gas. Transactions on the Ethereum network carry a fee. For every transaction, users must pay an amount of the native Ethereum currency, Ether (ETH). This fee is referred to as gas. Gas is used to reward Ethereum validators for the energy they use clearing transactions. Gas also serves as a deterrent against malicious use of the blockchain.
Graphics card. Verifying transactions on a blockchain via proof of work involves solving cryptographic puzzles. Solving these puzzles may require significant computing power, which in turn may consume substantial amounts of power. High-end graphics cards used in PC gaming have the processing power needed to validate transactions.
H
Hash. A hash is the result of a piece of data being put through a special hashing algorithm. It compresses data into a nearly unique alphanumeric string of text. This is important in cryptocurrency because a blockchain is an immutable record of transactions, and hashing can uncover attempts to illegitimately alter or change data.
Hot wallet. A form of online storage for cryptocurrencies, provided either by an exchange or a third party. Since storage is online and accessed with passwords, hot wallets are typically a target for hackers. However, hot wallet operators can help users regain access to their assets if they lose their access codes.
I
ICO. An acronym that stands for initial coin offering. An ICO is the cryptocurrency equivalent of an initial public offering (IPO). It offers investors the opportunity to back a new crypto project.
J
Jager. The smallest denomination of Binance Coin (BNB).
K
Know Your Customer (KYC). Although not required, many crypto exchanges carry out certain identity checks on their customers under KYC rules.
L
Ledger. A record of transactions maintained by both centralized financial institutions and decentralized finance applications. Data for each transaction entered into a ledger may include times, dates, senders and recipients.
M
Market capitalization. Also written as market cap, this is the total market value of a cryptocurrency. At the time of writing, all cryptocurrencies had a combined market cap of slightly less than $1 trillion.
Mining. Crypto mining is the process of verifying transactions via a proof of work consensus mechanism. Mining involves using computer hardware to solve a hash with trillions of possible combinations. The more computing power you have, the more guesses you can make within each given window of time, and the greater your chances of earning newly minted crypto.
Meme coin. An altcoin based on a meme, a kind of inside joke in the form of an image repeatedly altered and shared online. Dogecoin is an example of a meme coin.
N
Node. A computer or device connected to other computers or devices that all hold a copy of a blockchain. Each node supports the broader network by sharing information and validating transactions.
NFT. An acronym that stands for a non-fungible token, a digital collectible that uses the same underlying technology as cryptocurrencies.
O
On-chain. A transaction that occurs on a blockchain, reflected on the distributed, public ledger.
On-ledger currency. A cryptocurrency that is minted by and used on a blockchain ledger, such as Bitcoin.
Orphan block. A block that has been solved but not accepted by the network and isn’t added to the blockchain. Sometimes these blocks are referred to as “stale blocks.”
P
P2P. Short for peer-to-peer. Refers to a transaction between two people without an intermediary or central authority involved.
Private key. Also known as a secret key, this is essentially the encrypted password to someone’s crypto holdings. It’s an impossibly long number that’s practically impossible to guess. You authorize a transaction by signing it with your private key. Private keys can be used to access and manage your crypto assets.
Public key. The public-facing address of your crypto wallet. To receive funds into your account, you have to share your public key. Each public key pairs with a private key, and the private key is only known, in theory, to that user.
Proof of work. Commonly written as PoW, this is a consensus mechanism employed by many blockchains to prove that miners have done the computational work to guess the 64-character hash necessary to add a block to the blockchain. Broadcasting the solution allows other nodes to quickly verify that your hash is correct and that you have carried out the work required to get it.
Proof of stake. Commonly written as PoS, this is a consensus mechanism employed by some blockchains that requires verifiers to lock up, or stake, a certain amount of cryptocurrency to earn a chance to add new blocks to a blockchain. The more coins you stake, the better your chances of becoming a validator. Should you spend your way into the position to deliberately approve a fraudulent transaction, you risk losing your stake, providing a strong disincentive to cheat.
Q
Quantum computing. A computer science field that uses principles of quantum physics to process much larger data sets at much greater speeds than traditional computing methods.
R
Regulated. A market in which players must follow certain rules of risk fines and/or the loss of their operating licenses.
S
Satoshi Nakamoto. – The pseudonym for whoever penned the original Bitcoin whitepaper.
Satoshi. The smallest unit in Bitcoin (BTC). For example, 1 satoshi is equivalent to 0.00000001 BTC, a fraction of a penny.
Smart contract. A program that executes itself on a blockchain when certain conditions are met, without the need for human intervention or an intermediary. Once completed, the contract cannot be changed or undone.
SHA-256. A hashing algorithm that compresses data into an alphanumeric string that cannot be reverse engineered, keeping the original data secret and secure while being useful for validating input data. It was partly developed by the U.S. National Security Agency (NSA), and is used by Bitcoin.
Seed. A random series of 12 to 24 words generated by your crypto wallet and used to gain access to it.
Stablecoin. A cryptocurrency that aims to maintain a fixed, unchanging market value that is pegged to another currency, commodity or financial instrument. As of this writing, the biggest stablecoins are Tether and USD Coin.
T
Tether (USDC). A stablecoin that is pegged 1-to-1 with the U.S. dollar.
Terahash. The rate at which a computer or network can guess one trillion hashes per second when mining for cryptocurrency.
Token. An individual cryptocurrency. Specifically, it’s a way to refer to a crypto that runs on a particular blockchain. For example, XRP is a token on the Ripple blockchain.
U
USD Coin (USDC). A stablecoin that is pegged 1-to-1 with the U.S. dollar.
V
Volume. The total amount of currency being traded in the open market at any given moment. In cryptocurrency markets, volume is typically referenced to in a 24-hour period.
Validator. Someone who pays for the chance to validate transactions and earn crypto on a proof of stake blockchain.
Volatility. A market condition in which prices frequently and unpredictably rise and fall.
W
Wallet. A digital storage device or location for keeping crypto assets secure. Wallets can be online (see hot wallet) or offline (see cold wallet).
Wei. The smallest denomination of ether. For instance, 1 ETH is the equivalent of 1,000,000,000,000,000,000 wei.
Whitepaper. A technical document released alongside new crypto projects that explains how the system works.
X
XRP. A cryptocurrency token that runs on the Ripple blockchain.
Y
Yield. A return on investment, expressed as a percentage.
Z
Zero confirmation. A transaction that has yet to be confirmed on the blockchain, and therefore, isn’t part of the the blockchain yet.
13 Commandments of Trading OTC Penny Stocks learned in my 30+ years of trading the OTC
1. Always do your own DD or check out the DD of others
2. Always check for filings, company info and share counts on https://www.otcmarkets.com
3. Only invest what you can afford to lose
4. Use Investors Hub as a tool. You will quickly learn which posters know what they are doing. Don't listen to all the I-Hub bashers noise. Same with the excessive pumpers. They are on every thread when a OTC stock is hot. Put them on ignore.
5. Don't load only one OTC basket. Spread your money around. As well, If in doubt, don't be afraid to sell (or buy) in smaller pieces. There is no reason to go all in or out.
6. Always take profits, even in small pieces as commissions are very low trading penny stocks. Greed leads to pigs getting slaughtered.
7. Try to open OTC trading accounts in Roth IRAs. No taxes to pay on gains
8. Pick a good on line broker friendly to OTC trading like ETrade.
9. Average down on the better ones you hold if they dip
10.Don't fall in love with any penny stock and keep emotions out of trading
11.Be wary of OTC companies that out of the blue change direction with a PR and throw out keywords like marijuana, crypto, mining, gold, lithium, EV, AI and other hot industries buzz words. These require extra DD. Important to look at shares of these, outstanding and authorized, revenues, management and histories of reverse splits.
12.OTC playing is NOT a team sport. In the end it is your money to gain or lose. Refer to #4. It is your decision whether to buy or sell not someone else's.
13.Be aware that is is much easier to buy an OTC play than to sell one. People get emotional and many hold on too long hoping they will keep going and 99% don't. Refer to #6 and always log in some profits if one is up, no matter where it ends up going.
APT rocking at $14.99. AVAX and APT are killing it for me. Loading up on ICP on bigger dips, the last couple of months. A lot of room to grow in ICP, my third largest, my money in position behind AVAX and APT. But I only average $11 in AVAX and $8.50 in APT. Locked and loaded.
Do your own DD and know what you own. My freebies are not for sale from the .002s and I am letting it ride. Some of the nonsense of this board is unreadable. They're in they are out, IGPK if for real, it's not for real,, it's a China company and all are scams. Same crap over and over. I have put almost all those clowns on ignore. IGPK is worth the risk.I am playing with house money anyway, I am not flipping for pennies. Let it ride!!!!
Yep I know. You don't need the star if you post others in the future as this is not a stock specific thread. So you can post symbols for any stock or crypto. No star needed. You can also talk about sports or anything off topic. Just not politics, charting or religion. LOL
You can post the whole stock symbol here without the *, as it's not a stock specific board. So new pure crypto itself? That's what has been hot so far in 2024 but hard to find bargains now.
Yeah my overall APT average is around $8.50
At one time ICP was over $700. It moves pretty easy. One of my bigger positions with AVAX and APT but I bought those two way lower.
Always buy the dips. ICP is one of my current favorites.
Does anyone care about his buys or sells, his fish fillets or his naps? LOL Take out 2021 when everyone made money in the OTC and the guy has lost money or made nothing significant in over 30 years of OTC charting. It's all psychobabble to feed his ego. Waiting on that IGPK name change and then we go up. And he still can't figure out crypto where huge money is being made now. Crypto is way more than just Bitcoin. Hard for Rainman to learn something new.
Yeah, I am holding some way too long.
How can someone be wrong like 80% of the time. He still thinks it's 2021 and is loading all the trip plays. What does that have to do with charts? IGPK will be just fine. I don't care about IGPK daily moves as I am not a flipper. I am riding freebies from low .002s. The guy is desperate for a winner so he can say his classic, nailed it. LOL He just called for BMX* at .06 to go to .33 and it went to .04. Other classic calls NSA* to .0114 at .0015 and it did nothing. The best of all time was AAP* at .0012 to go to .04 or even .16 and it went to .0003. The guy is clueless. We all got lucky in 2021. He has zero charting skills as charts don't work in the OTC. He also laughed at crypto and that's exploded as he owns none and doesn't know how to buy and play it. Crypto 2024 is the mini OTC 2021. Guess the charts didn't pick that up. Huge money being made. We await the IGPK name change and PRs. It's that simple. As others have stated, drugs are not acceptable in China and a name change has to happen.
Ugly. Sick of this George Sharp guy.
Yeah nice news so the price goes down from that .0011 high? Decent share structure as well.
You are correct. This is crypto 2024 and not crypto 20121. If NSAV can't show major revenues and even profit in its next filing, it's going to trips. We all are waiting for NSAV's numbers. The money in crypto 2024 is in altcoins and Bitcoin. Crypto has gone crazy. Those holding many cryptos like myself are making major bank. Those who hold none are making nothing. The OTC has been flat in 2024 OTC and many OTC portfolios are even down in 2024.
I see where one clown laughs at me because Bitcoin has a bad day? I have to laugh because in two months I am up over 6 figures. On the big dip today I also added to two of my 40+ altcoins. I would not touch NSAV's exchange or it's native token and I know crypto. Even the big exchanges have trust issues. Whose going to give their money to NSAV's exchange? That is a huge NSAV issue as well as JT still around. If NSAV somehow gets a spike I will dump my freebies. These small 2024 OTC crypto companies like NSAV will not make it, in my opinion. What happened to NSAV's promoted TruSaf? It's not 2021. The fraud laughed at my many altcoins. Who's laughing now? Knows zero about crypto and bought crypto stock MAR* and lost money which has tanked because the crypto NFTs rule. MAR* is not needed now. One has to learn about crypto and how exchanges and wallets work Too advanced for Rainman. Crypto 2024 is a mini OTC 2021, sadly not the 2024 OTC, proving one wrong yet again over and over. 3 year OTC cycles which were made up? Is NSAV at .0114 predicted for December than January? Great call as usual...NOT!!! LMFAO
Crypto tumbling with BTC down to $66,985. BTC very volatile lately. I am looking for bargains. Added some ICP in my Alto Roth crypto IRA at $13.15, a little higher than I wanted to pay but I wanted more.
Yeah, I sure liked that float.
Huge BTC dip today to $68,000s now back over $72,000. None of mine dipped low enough to add. At some point I want to add more ICP and maybe more XRT. One of my larger holding APT a Solano competitor up to $14.51 now. I average around $8.50.
You are right but just like crypto, the risk in the OTC is always here. We are all waiting on PRs and paperwork. The DD has been presented and to me worth the risk. I got in low .002s and am just riding freebies. If we go up a lot more, I may take some more profit. Always take profits in the OTC because 99.9% of the time in the OTCs that go way up can come down. At least take your original out and some profit. Don't listen to the naysayers who I all have on ignore now and don't listen to the chartfraud guy who is wrong 80% of the time and makes stuff up. He's bearsih, he's buillish over and over. Who cares?
I am in each much lower. I am not paying these current prices. I bought AVAX at $11 average.
Yep diversify. I still own well over 40 cryptos and a bunch of other dead ones. We all have our favorites and there are over 25,000+ cryptos to pick from. My favorites, bought much lower, are AVAX, APT, ICP, ADA and many others. On the smaller ones DGNX and FLOKI has come back to life. Sold my PEPE for a tiny profit and looking for a re-entry point.
I took a starter in IVRN earlier at .035
It's all a Chinese scam. I say charting the OTC is a joke and a scam. LOL
The guy is totally clueless. It's just chart psychobabble. How can someone be wrong 80% of the time? Another great call he made was BMX* at .06 last week calling for .33. Now it's in the .04s. LOL Hasn't made a dime charting outside of 2021 when we all made money. And he buys every .0001 to .0003 trip he can find hoping lightening strikes again like 2021. It won't. What does buying those trips have to do with any chart? Nothing! I've just held my IGPK freebies from low .002s. I don't need to flip back and forth for pennies, guessing on charts which don't work in the OTC.
Sounds like you are spread around nicely. Always good to diversify.
Which ones are you big in and playing?
I don't think so as with 143 billion tokens, market cap would be number 3 and ahead of BNB which has a market cap of 91 billion. ETH market cap is 479 billion and BTC, the king is 1.4 trillion. I would like to see some of these tokens with too many tokens burn a big chunk of them.
I still trade the OTC daily as I trade in Roths so no taxes and tend to hold crypto longer as I hate paying taxes. I do have a small crypto Roth at Alto. I am flipping some there as not taxes. At least after being down like 67% I am now even or green. great crypto market and run. The big ones like AVAX, ADA, SOL, APT and others covered all those DeFi rug pulls I had and dead micros. Some are back like FLOKI and SHIB and DOGE are moving where I was way down. Now way green in SHIB. I am flipping in and out of PEPE,
Yeah, I hope this crypto market can keep going. Some say it will through 2025 but we shall see.
PEPE all time high and drops a zero .0000109. DOGE now at .18
You may have to go here or contact them. The conversion is not pretty but at least FEG is still operating.
https://fegex.com/token/
Trust me it's going to be way way less. I went through it a long time ago but forgot the procedure.
Yeah I had Shinja as well and that one was way worse. My remaining are worthless This one is pretty bad though. I added some when they first did it but still am about 40% down. FEG has been a disappointment considering their volume, number of holders and large team behind it. DeFi went all down hill after that hack.
LOL FEG always loses a zero and gets it back. It just can't break out and keep going. I am red on it. You do know that it kind of reverse split (actually went into a new version and they greatly reduced tokens) and take 3 zeroes or more off your token counts. The max tokens are now only like 100 billion so you can't have a trillion any longer. That was a while ago and I forgot if I had to do something to get the new tokens into my wallet. You may want to contact them.
It's now FEG version 2:
https://coinmarketcap.com/currencies/fegtoken-v2/
Yep I say the OTC and crypto is 20% skill and 80% luck. OTC 2021 was a pure gift as has been crypto 2024. Yours you have are also all up big, except FEG. We both own FEG but that one has been a dog, not a gorilla. LOL