Cryptocurrency Information
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TotalCrypto is the one stop shop for cryptocurrency information, including altcoin guides, exchange guides and wallet guides. We’ll also teach you how to safely invest in cryptocurrencies like Bitcoin and Ethereum.

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Does Technical Analysis Work For Crypto? Or Is It Just Wishful Thinking?
The popularity of cryptocurrency is rising day by day, with more and more people getting involved, the digital currency market gets more complex and harder to analyze.
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Is The Bottom In?
The S&P 500 is rallying as countries are easing their lockdown rules. It almost seems as if people think things are getting back to normal. Then there’s this big whale topic in the room- the halving… It’s now only 26 more days.
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Is Crypto A Good Hedge For Recession?
Many an expert claimed that crypto is a great hedge against bad governments and recessions. However, now that a threat of global recession is truly upon us, cryptocurrency is crashing.
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Will Cryptocurrency Still Be There When You Retire?
While many claim that cryptocurrency is too volatile to invest, multiple others are considering it to have a good future. This currency has good potential and accessibility to become a primary candidate for your retirement plan.
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The Top Five Crypto Scams Last Year
Crypto scams have been all over the place throughout 2019. Despite serious security measures taken to keep that from happening, crypto scams still happen quite regularly and cause massive destruction to exchanges, trading platforms and traders.
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The Advantages Of Investing Early In Cryptocurrency
All investors dream of hitting it big. Investing early in certain trends can be hugely beneficial to achieving that dream. Cryptocurrency is one of those trends.
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Latest Comments
Cryptocurrency History & Origin – Timeline Infographic
2 years ago

Anyone can create a cryptocurrency. In fact, it can take literally less than an hour (if you have a few development skills). The truth is that cryptocurrencies like Litecoin only made small adjustments to the Bitcoin source code initially. A lot of people are taking the base code for a cryptocurrency and changing it slightly then launching this as a new crypto. This has happened time and time again. Examples include Bitcoin cash and Bitcoin. Ethereum and Ethereum classic. The list goes on. The reason why this is possible is that pretty much every cryptocurrency has embraced open source development (this means the public can view the code behind it). This is not to say that cryptocurrencies created this way are rubbish, some have exceptionally talented teams and have made significant changes over time. Technically anyone can make a cryptocurrency. However, it only really has value if it can be traded and that means exchange listings. I believe a lot of cryptocurrencies have to pay significant money to get listed on decent exchanges. Then you have all the marketing expenses for your cryptocurrency etc. This is actually a big problem in the cryptocurrency space and is the main reason why there are a significant number of cryptos that I would deem 'not real projects'. However, there is also some truly amazing and potentially game-changing tech in the space as well. Hope that helps.

In this article: BITCOMP, ETH-X, LTC-X, XRP-X, DASH-X, XMR-X
Cryptocurrency History & Origin – Timeline Infographic
2 years ago

Many people wish they could go back in time. The truth is that is was super hard to buy Bitcoin early on and things like wallets were not very user-friendly at all. The only good news is that cryptocurrency adoption is still very low. There is also significant institutional money parked on the sidelines.

A fun fact is that a Bitcoin ETF maybe given the green light on 10th August this year. This will allow institutions to actually buy Bitcoin. Many people see Bitcoin as digital gold. Put it this way, there is a lot of money in gold ETFs right now...

In this article: BITCOMP, ETH-X, LTC-X, XRP-X, DASH-X, XMR-X
Cryptocurrency History & Origin – Timeline Infographic
2 years ago

Nice Q Alexis. Most people will not admit this, but no one really knows the future holds. All anyone has is best guesses.

Actually, when it comes to determining 'fair value' for a cryptocurrency, no one has devised an effective valuation method yet. Prices are mainly driven by expectations for the future and community opinion.

Although the cryptocurrency project itself is important, the price that investors buy in at is also crucial when it comes to returns.

Why not check out our blog for no-nonsense cryptocurrency knowledge: https://totalcrypto.io/

The best cryptocurrency to invest in is always the one that you personally think has future and actual utility / real-world application. Personally, I quite like Wabi. It's a supply chain tracking solution that stores product data on the blockchain. The main purpose is to reduce counterfeiting (which is particularly a problem in China). Also, if you are tired of carrying around dozens of different loyalty cards in your wallet, Wabi is also aiming to solve that problem by aggregating these together. You can read a bit about it here: https://totalcrypto.io/wabi-coin/

Hope that helps.

In this article: BITCOMP, ETH-X, LTC-X, XRP-X, DASH-X, XMR-X
Cryptocurrency History & Origin – Timeline Infographic
2 years ago

Great question Harry. There are over 1,600 different cryptocurrencies out there and counting. You are correct that any person can create a cryptocurrency (it's actually not particularly difficult).

In terms of who determines which cryptos are legitimate. It's actually just the market (which have got it wrong in the past). A fair argument could be made that exchanges actually determine which cryptocurrencies are legitimate. Quite simply, if a crypto cannot be traded then it doesn't have any value. Right now, exchanges are the main way of transferring value between different cryptocurrency projects. Yes, atomic swaps can be technically used for some cryptos (not widely used).

Hope that helps.

In this article: BITCOMP, ETH-X, LTC-X, XRP-X, DASH-X, XMR-X
1 to 4 of 4 comments

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BITCOMP Bitcoin
DASH-X DigitalCash
ETH-X Ethereum
LTC-X Litecoin
TRX-X Tron
XRP-X Ripple

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