Ready set crypto

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Checkmate Bitcoiner. Formal First Name. United States. Discusses The Following Asset Classes. Analyst Ready Set Crypto. Latest Tweets. Checkmate Bitcoiner is the author of. Warnings and Disclaimers The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed.

Day Trading. Fundamental Analysis. Technical Analysis. Measured, informative and interesting. Looking forward to learning more and possibly getting more involved with these guys depending on how they develop their business model. Just wanted to tell you that the classification of coins you guys are doing Platform, Dividend, Utility etc is incredibly useful and I can not find it anywhere in the market. I have now subscribed and am already very impressed with the content and believe it will be of great value to me.

What a cool thing you guys have going here, i just bought the premium membership the other day after following you guys for the last few months on youtube, i can already tell that it will be incredible as well!! Thanks for putting so much time and effort toward these teachings, so so helpful! I wanted to say thank you! What you guys are doing is exceptional! Keep it up. I have been a premium member now for just a few days.

I just wanted to let you know that I'm really enjoying the daily content you are publishing on your daily market analysis reports. I really appreciate the fact that you included the percentages of your holdings on the different coin tiers yesterday.

That helps me get an idea of how much risk should be associated to each coin grouping. Thank you both! I feel so blessed that I have been watching your daily videos since I joined. Doc's lesson on capitulation has saved me from making what could be grave mistakes. I was so eager to buy the dip but then I waited for the capitulation. Although I don't know if it has played out in full yet, I have scaled down my bets into smaller size and added some small positions at really low prices.

I also benefited a lot from the psychology part from Mav. Thanks so much and have a nice trip! First of all thank you very much for the amazing contents you are giving us and all the detailed explanations and advises… they are incredibly useful and very helpful. Keep up the great work you are doing. One of the very few professional channels in this crazy crypto environment. I wish someone had educated me on bear markets as well as you did in your recent section. Your 7 points were welcome and timely.

I really appreciate the work that you and Mav do.

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The chart above shows the difference between the size before and after optimization. Ready Set Crypto images are well optimized though. The diagram shows the current total size of all JavaScript files against the prospective JavaScript size after its minification and compression.

It is highly recommended that all JavaScript files should be compressed and minified as it can save up to CSS files minification is very important to reduce a web page rendering time. The faster CSS files can load, the earlier a page can be rendered. Our browser made a total of 91 requests to load all elements on the main page. The less responsive or slowest element that took the longest time to load 1. We recommend that multiple CSS and JavaScript files should be merged into one by each type, as it can help reduce assets requests from 23 to 1 for JavaScripts and from 25 to 1 for CSS and as a result speed up the page load time.

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Lack of Open Graph description can be counter-productive for their social media presence, as such a description allows converting a website homepage or other pages into good-looking, rich and well-structured posts, when it is being shared on Facebook and other social media. Visit readysetcrypto. HTML Original After minification After compression Image optimization Image size optimization can help to speed up a website loading time. Original 1. After minification 1. Network requests diagram readysetcrypto.

Show more. This process provides some safety assurance for you as the creator and for any potential users or investors. Now that you have your blockchain running and are ready to mint your cryptocurrency, it's best to ask for expert legal advice to check whether you will need to apply for permission. Again, this step is difficult to achieve alone and requires outside help. Whether you're creating a token or coin, you will need to mint the cryptocurrency at some point. The exact method will differ based on your tokenomics.

For example, fixed supply tokens are usually minted all in one go via a smart contract. Coins like Bitcoin are minted gradually, as miners validate new blocks of transactions. The costs involved are linked to the methods and setup you choose. If you're creating a coin and blockchain you'll likely have to pay a whole team over multiple months. When we average this out, to create a cryptocurrency with some chance of success, you'll likely need to spend thousands of dollars on its creation, marketing, and community building.

If you decide to make your own cryptocurrency, make sure to use our information only as a starting point. It's a deep topic that takes a long time to understand fully. Beyond creating the token or coin, you also need to think about making it a success post-launch. How to Create Your Own Cryptocurrency? Table of Contents. Tech Blockchain Tutorials. A cryptocurrency , also known as crypto, is a type of digital asset with multiple use cases. It's primarily a way to transfer value between people digitally, including monetary value, ownership rights, or even voting privileges.

Crypto differs from other digital payment systems because of its roots in blockchain technology. This basis gives cryptocurrencies more freedom from central entities like governments or banks. Bitcoin is the most famous example of a cryptocurrency. It has a simple use case of transferring monetary value to anyone across the globe without the need for intermediaries.

Its blockchain records all transactions and ensures security and network stability. Cryptocurrencies can roughly be split into two categories: coins and tokens. The difference between them is simple. Coins have their own native blockchain, like Bitcoin, for example. Ether ETH has the Ethereum blockchain. Coins typically have a specific utility over the whole network, like paying for transaction fees , staking , or taking part in governance.

Tokens are built on pre-existing blockchains. They might have some similar roles to coins, but tokens mainly have utility in their own projects. You can also use it to pay for certain transactions in the PancakeSwap ecosystem, like minting Non-Fungible Tokens or playing their lottery. The same is true for the thousands of ERC tokens issued on the Ethereum blockchain. Each token is part of a specific project with different use cases. As mentioned, creating a token is much simpler than creating a coin.

A coin requires you to develop and successfully maintain a blockchain. You could fork create a copy another existing chain, but this doesn't solve the problem of finding users and validators to help your network survive. Nevertheless, the potential for success with a new coin can be higher than just making a token. Here's a basic overview of the two options:. Coin Token Runs on its own blockchain network Can be built on existing blockchains with an established user base Requires advanced blockchain knowledge and coding skills Fairly simple to create with pre-existing tools and open-source code Blockchain development is more costly and takes time Token development is faster, simpler, and relatively cheap.

Creating a new coin can take a lot of time if you develop your own blockchain. However, forking a previous blockchain can be done speedily and used as a base for your new coin. Bitcoin Cash BCH is one example of a forked project. To do this, you still need a high level of blockchain technical and coding knowledge.

The success of your project will also rely on getting new users to your blockchain network, which is a challenge. A token will usually be enough for Decentralized Finance DeFi applications or play-to-earn games. Both BSC and Ethereum have a massive amount of flexibility and freedom for developers to work with.

Both these networks provide ways to make a variety of tokens based on pre-existing standards. BEP and ERC token standards are leading examples that almost any crypto wallet provider can support. Both networks allow for the creation and customization of smart contracts that enable you to create your own tokens and decentralized applications DApps. With DApps, you can create an ecosystem that provides more use cases and functionality to your token.

You could also look at sidechains that use the security of a larger chain like Ethereum or Polkadot but also provide some customization. The Polygon Network is attached to Ethereum and provides a similar experience but is cheaper and faster to use. After picking a blockchain, you'll need a method for creating your token.

You can also find ready-to-use tools that create tokens based on the parameters and rules you provide. These are usually paid, but they are a more practical option for users not familiar with smart contracts. If you want to make your own blockchain and coin, you will likely need a team of blockchain developers and industry experts.

Even if you look at forking a blockchain like Ethereum or Bitcoin, there is still a huge amount of work required to setup your network. This would include encouraging users to act as validators and run nodes to keep the blockchain running. Cryptocurrencies can play many roles. Some act like keys to access services. Others even represent stocks or other financial assets. To understand and map out the process of creating your crypto, you'll need to define its features from the beginning.

Tokenomics are the economics that govern your crypto, like total supply, distribution method, and initial pricing. A good idea can fail if the tokenomics aren't correct and users aren't incentivized to purchase the cryptocurrency. For example, if you're creating a stablecoin but cannot peg it correctly, no one will want to buy or hold it. If you're creating your own blockchain or aren't sure which one to pick for your token, think about the consensus mechanism you want.

These mechanisms determine how participants confirm and validate transactions on the network. Most blockchains use Proof of Stake as it has low hardware requirements and many different variations. This step is only needed if you're creating a coin.

Not every blockchain allows the public to validate transactions or run nodes.

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