Altcoins and ICOs Explained in Plain English

Share it with your friends Like

Thanks! Share it with your friends!

Close

Start trading Bitcoin and cryptocurrency here: http://bit.ly/3pxwscW

An ICO is a fundraising operation for a project through the sale of cryptographic tokens. The tokens are sold at a discount and later on may be used within the project or sold for a profit. ICOs are unregulated and hold a lot of risk for uneducated investors.

Altcoins, as alternative currencies to Bitcoin. There are four main factors to take into account when evaluating a cryptocurrency – Adoption, security, innovation, and incentives.

That’s ICOs and altcoins in a nutshell. For a more detailed explanation keep on watching the video, here’s what I’ll cover:

0:38 – What are altcoins?
0:56 – Why do we need altcoins?
1:49 – How to evaluate altcoins?
3:56 – What is an ICO?
5:36 – The Ethereum ICO
6:23 – A disastrous ICO example
6:52 – ICO caveats
9:34 – How to evaluate an ICO?
10:30 – Conclusion

For the complete text guide on altcoins visit:
https://bit.ly/2Y2hDFe

For the complete text guide on ICOs visit:
http://bit.ly/2C12etI

Join our 7-day Bitcoin crash course absolutely free:
http://bit.ly/2pB4X5B

Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel:
http://bit.ly/2BVbxeF

Get the latest news and prices on your phone:
iOS – https://apple.co/2yf02LJ
Android – http://bit.ly/2NrMVw2

See anything we haven’t covered? Leave us a comment in the comment section below

Comments

99Bitcoins says:

CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name β€œ99Bitcoins” in their profile. Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers.
Stay safe πŸ™πŸ»πŸ™πŸ»πŸ™πŸ»

CreativeIdeas says:

Bezoge Earth is pumping. A Token shared by the Community with a real
Music Band and long Term Utility. Free Redistribution and burn on every
Transaction making it deinfaltionary. A MMO Game and NFT Figurines are in the works a
mobile Game and tracker already released. Help our Community and you can
help yourself. Channel Bezoge Earth! Or on Dextools,must see music songs !!

Jeanne Newman says:

guys, have you heard about this new ido launchpad coming up called yieldpad….seems interesting…. They have dealt with issues with current platforms and came up with a winning formula

Billy the Baller says:

Please make a video explaining the difference between coins and tokens

GULAVIS DK says:

Say I buy bitcoin and then an altcoin. Say bitcoin drops by 50% while the altcoin increases by double. Do I make any money then? Is my money on both the altcoin and bitcoin at the same time or just one of them?

Kevin Sosa says:

This man is a gift to us!

Edwin De Paz says:

There's so many coins out there, it's gonna take weeks to research them all

Navid Jaensch says:

God bless you for explaining these concepts so simple, efficient and easy to understand

Matthew Henry says:

Cryptometh is probably the next safemoon tbh

Sharmin Fariha says:

A very helpful explanation. Thank you, Nate.

Moon Nguyen says:

Ran into some difficulties , I was running on fumes I thought life was done with me , now I get $13,400 each week on profits.A very big thank you to George Williams

E L says:

Hey Youtube community ! Wich altcoins do you believe in ? and why ? For now I only invest in BTC and ETH but I start watching cardano and link but I'm a bit lost with all these altcoins -__-

Antdeeziak says:

your the best thanks for all your great content, helped me understand a lot

Gabbar Singh says:

Coinlist is shady as FU**!

Deryk Quah says:

Great, much appreciated

DIP IN ASIA says:

Ok this is good contents.

Xerainer says:

5:44 would now be almost half a million usd

Grey Buckleton says:

Can we get a video on Ravencoin. Its the next big thing….

Samuel Montonen says:

Great and informative video. Thank you!

J Carden says:

great video. coins are stocks and ICOs are IPOs. got it. Thank you!

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: