Trade

Top Trader Tip: “Share Information and Learn From Others”

Published

6 years ago

August 14, 2018

eToro

An interview with Popular Investor Wesley Warren Nolte (Wesl3y)

“I’m able to absorb information and make decisions based on many sources of information very quickly,” says Wesley Warren Nolte about his trading abilities. “The [eToro] platform is open, so you have a place where people can share information.” This kind of collaboration, unique to our social trading community, is one of the many reasons why Wesley prefers eToro.

After being an investor for over 15 years, what made you choose eToro as your platform for trading?

At first, I was curious about how a social network built around trading might work. Then I was hooked by the amazing UI, the amount of information I could get from others on eToro, and the CopyTrader mechanism.

What are the advantages of social trading?

The eToro community is great, and I engage with my copiers quite a lot. When I post a piece of information about something I’ve found useful, there is almost always an interesting conversation that follows. Quite often, I’ll learn a bit more about that topic. Learning is a never-ending process, and I feel that being part of an intelligent community accelerates that process.

What were some mistakes that you made as a new trader on eToro?

I got burnt badly by not doing my research on those that I copied, I used leverage too heavily, and I was impatient.

What advice would you give to new eToro users?

Be patient; the markets go down as well as up, so expect to be in the red sometimes. Find great traders, and try to learn from them by copying their trades.

What is your take on cryptocurrencies?

They will change the world in so many ways. These are global currencies no longer “owned” by any country, which could have huge implications for politics and the way our world works. Eventually, some crypto-based marketplaces will allow people to trade anything for anything else, with almost no cost to either party. Imagine selling your old iPhone for 2.5 months’ worth of electricity, or your old furniture for a partial investment in a new building development… It’s mind-bending, but very cool.

How do you think the long-term future for cryptos will pan out?

I believe we’re approaching something like the dotcom crash, and from that will emerge a few winners who will dominate the market. A crash needs to happen for the market to stay healthy. After that, we’ll see the steady rise of cryptos as part of every day society.

Wesley’s eToro Profile

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

Published

3 years ago

January 25, 2021

chainwire

Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…

Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

Published

3 years ago

December 24, 2020

chainwire

Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has…

Altcoins

My Crypto Heroes Announces Issuance of MCH Governance Token

Published

3 years ago

November 24, 2020

chainwire

Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH.

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first…