For both new and experienced traders, getting to grips with how to buy altcoins across different blockchains, and subsequently choosing projects, is a
For both new and experienced traders, getting to grips with how to buy altcoins across different blockchains, and subsequently choosing projects, is a continuous process.
As new metas and narratives come-and-go, new chains come to the fore, mindshare moves around like two tennis players in the midst of a long rally. Being able to pivot quickly onto new plays and deploying funds into the right chains, at the right time, still remains a key skill for anyone looking to make a success of themselves in the trenches of web3.
LivLive ($LIVE) for instance, is purchased through a presale widget which is largely symbolic of pre-launch projects within their fundraising and incubation phase. With that in mind, this can be a good way of finding potential upside. The 30x multiplier when comparing current Stage 1 of presale to launch price, underscores the potential rewards that users can gain by purchasing projects at crypto presale stage.
$LIVE Crypto Presale: Heres What You Need To Know
The good thing about buying presales is they are incredibly easy and relatively frictionless. The $LIVE presale is a prime example of this, with an idiotproof presale widget embedded to the projects homepage.
Heres how to buy altcoins using the $LIVE presale widget:
Thats it! Crypto presales such as $LIVE offer a much easier user experience compared to buying obscure and high-risk meme coins, with a process that is designed to be easy for any level of crypto expertise. A great option for newbies looking to make their first attempt to buy altcoins.
The Case for $LIVE: An Altcoin Worth Buying?Its highly advisable to seek out independent financial advice when looking at altcoins to buy, however the first thing savvy traders do is read project documentation and whitepapers, while also getting a look-and-feel for the project via its community channels.
When using LivLive as an example, it is plain to see the level of granular detail thats gone into development of the project. A slick website, Hollywood commercial, and plethora of content within its GitBook are all big indicators of a founding team that means business.
It‘s also essential to look at the project’s offering outside of just the token. Take the NFT packs offered by LivLive as an example, with the IGNITE tier being the $250 option, buyers also receive an augmented reality-enabled wearable which acts as the key to unlocking the LivLive ecosystem. IGNITE buyers also receive bonus $LIVE, which represents greater value than just buying the token alone.
How To Buy Altcoins Like XRP & XLM?As two of the most popular altcoins on the market, XRP and XLM remain steadfast favorites among retail traders. Large-cap altcoins such as these, are typically purchased on centralized exchanges (CEXs) by either purchasing with fiat, or converting other cryptocurrency.
To buy altcoins such as XRP & XLM:
It must be noted that buying crypto on exchanges represents a lot more checks and balances in terms of proving ID, proving source of funds and other regulatory requirements. Buying presales however, bypasses a vast majority of these steps, as your wallet interacts with the presale directly, as opposed to an exchange intermediary.
Does $LIVE Represent A Solid Altcoin Option?The 30x gains on launch and inherent utility of LivLive cannot be ignored. Thus, it remains a solid candidate for traders to consider as part of their wider trading strategy and long-term portfolio. Moreover, the LivLive ecosystem currently has a giveaway promotion ongoing, with a total prize pool of $2.5 million up for grabs.
With all these factors considered, $LIVE is showing potential, and underscores the faith that the community and wider analysts seem to have with this early-stage project.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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