Tag Archives: ICO

Could algo trading with ICOs and coin market cap be a waste of time?

I have spent a few hours on trying to figure out if initial coin offerings with coin market cap  a time waster. If you ask me, I would say Yes over the long run. When you work with exchanges like Coin Market Cap, you can find the best performing coins in real time with huge swings like 500+%. A recent example would be this ICO of Trump Coin which clearly shows 2 spikes. The last one spike  lasted about a week

This kind of reminds of penny stocks which means these alt coins can be manipulated quite easily. I find this is the case with ICOs in the crypto world. Why do you think the SEC is protecting investors against when it comes to crypto ETFs.?

How to vet these new alt coins?

Even though you can find these high performing alt coins, you need to vet the quality of these. One way to do this is simple test if the coin is listed on Binance. This exchange will not list it unless they have a float of at least $25 million last time I checked. This means it needs to be mature with some solid volume in order to be listed on Bnance. As a result, I  just do a simple download request test  to see if they are listed. I just spent a few hours testing this. I was able to rank the best performing 100 coins from Coin Market Cap. From there, I wanted to test to see if the coin was on Binance by listing it against Ether, Bitcoin, and Binance Coin. Guess what? I was not able to see any of those 100 were listed on Binance. It seems rare to see this case so it makes wonder if this whole process may be a time waster to chase after initially list coins that after.This was a complete waste but that is now out of my system.

Let me know your thoughts on this.

Only HOT bitcoin Ethereum is profitable crypto currency today. LAToken anyone?

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

My opinion on crypto currency alt coins and ICOs


I have not done one of these in a long time. This is a question about crypto alternative coins and initial coin offerings so I offer my opinion

Questions from a newsletter reader

Hi Bryan,

I am a reader and fan of your work and first and foremost would like to thank you for all the consideration and brilliant clarity of your daily algo & quant newsletters.  Also, I recently came across SGN (Signals Network Token), a crypto designed on the intriguing premise of allowing users access to new algorithms for a fee payable in the SGN token.  I wondered if and what your opinion of this project is, provided a user has the requisite expertise to use such tokens?  Anything you have to advise on the issue is much appreciated.

Best regards,

As said, if I cannot make money on it, I have no interest in it until it matures to a point where I can make $ off it.

Intro to massive report for automated crypto currency trading

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!