CoinLion Price Today LION Price Chart & Market Cap

The team continues to work towards the platform and has plans to launch the private beta in late October, with the public launch following toward the end of the year. Cryptocurrencies, like any other investment, carry risks, and the cryptocurrency market is highly volatile and unpredictable. The value of cryptocurrencies can fluctuate rapidly and dramatically based on various factors such as market trends, regulatory changes, and investor sentiment.

• In the short year we have experienced the roller coaster that is early stage blockchain and cryptocurrency.
• Simply follow someone else’s trading strategies, then watch the platform trade crypto for you.
• One of the most common forms of passive investing is through index funds or Exchange-Traded Funds (ETFs), which are designed to track the performance of a specific index or market sector.

CoinLion is largely funding its growth by offering its Lion token for sale, essentially crowd-funding itself. Neugebauer said the founders met with venture capital firms and hedge funds interested in backing the startup, but they decided to reach out to future users of CoinLion instead. CoinLion’s main priorities are the security of user’s funds and compliance around all required policies. We have chosen to undergo several redundant third-party security and penetration audits, as well as internal policy and procedure audits. These audits will take additional time to complete and need to be scheduled around the capacity of the third parties we are working with. We had originally hoped to launch an MVP version of the platform in phases.

Start Auto-Trading Crypto

The development of the platform is ongoing and the team is working hard to have the core features of the beta functional at launch with a robust selections of coins. Additionally, it’s important to keep in mind that past performance is not a guarantee of future results, and the cryptocurrency market can be highly speculative and unpredictable. Additionally, past performance is not a guarantee of future results, and investment returns can vary widely depending on market conditions and other factors. It’s important to only invest money that you can afford to lose, as the cryptocurrency market can be volatile and unpredictable. CoinLion’s automated trading strategies are always working, 24/7.

• That being said, some investors view cryptocurrencies as a potential way to diversify their portfolio and potentially generate higher returns than traditional investments.
• The U.S. exchange operator CME Group launched a futures market for bitcoin in December.
• Transactions can be made anonymously, making the currencies popular with libertarians as well as tech enthusiasts, speculators — and criminals.
• You may also consider consulting with a financial advisor to determine an investment strategy that is suitable for your individual needs and goals.

CoinLion has developed a crypto classification system to allow for quick and easy comparison of digital assets. This system assigns each coin a classification symbol that can be used to identify the coin or token quickly and easily. We look forward to seeing this system evolve and mature as CoinLion heads to launch and beyond. Reports on major cryptocurrencies will be available in the coming weeks, and all reports will also be available exclusively to LION holders in the CoinLion Research Portal. While much of the platform is completed, there are more features that are in development and coins being added.

Local startup CoinLion aims to tame cryptocurrency chaos

A general rule of thumb for investing in cryptocurrency is to not invest more than 5-10% of your total investment portfolio. This allows you to diversify your investments and minimize your risk exposure. Determining how much to invest in cryptocurrency depends on your individual financial situation, investment goals, and risk tolerance. The CoinLion Token® is an ERC20 token powered by the Ethereum Blockchain. It is a utility token designed to operate inside of the CoinLion trading platform.

Get in (and out) at the right times.

These relationships along with others have taken time to solidify, and are necessary for the long term success of CoinLion. CoinLion executives, founders, and any employee/contractor with more than 100,000 LION CANNOT participate in any of the rewards and are required to HODL their LION. They can also never sell more than 10% of their LION in any given year. And those that are most invested in the CoinLion project get the most voting rights.

Accessing the indicator in TradingView

There are currently 4000+ users registered for the private beta. CoinLion will continue to invite users in as the platform is improved over the coming weeks. If you have registered for the private beta, and you are on the waiting list in positions 1–2066, please check your email for your user agreement to complete the process.

CoinLion’s mission is to provide a world-class trading experience for users from day 1, and in order to achieve this, improvements based on the results of the beta and current progress need to be made. Currently there are several key components of the platform that are in progress including fiat deposits and withdraws, improved charting, improved KYC process, and increased liquidity. Given the current state of development and the state of the market, CoinLion now anticipates an early Q public launch. It is CoinLion’s desire to start 2019 off strong and focussed on growth. The CoinLion Token (LION) gives you perks and more utility on our platform. From discounted trading fees to earning you and your friends free LION, crypto trading is more rewarding with CoinLion Rewards.

Coinlion Bullish / Bearish Momentum

This means the more LION you HODL and use, the more power your vote has to decide the reward metrics. To calculate the ROI, you need to know the initial investment and the return generated by the investment. The Return On Investment (ROI) is a measure of the profitability of an investment, expressed as a percentage. Set your Stop Loss value at the blue dotted line to help control risk management.

However, it’s important to do your own research and understand the potential risks and rewards before investing in cryptocurrencies. Before investing, it’s important to do your research, understand the potential risks and rewards, and consult with a financial advisor if you’re unsure. It’s important to do your own research and understand the potential risks and rewards of each cryptocurrency before making any investment decisions. Some popular trend indicators used in crypto trading include moving averages, MACD (Moving Average Convergence Divergence), and RSI (Relative Strength Index). However, it’s important to note that trend indicators are not foolproof and should always be used in conjunction with other analysis techniques and risk management strategies.

Our goal is to build a place where first-timers and experienced traders can work together to achieve their crypto goals. There are a host of other digital currencies, including Ripple, Litecoin, Cardano, NEM and Dash. Ethereum, generally the second most popular digital currency, was trading https://cryptolisting.org/blog/does-overhead-include-payroll Monday at about $1,100. Bitcoin is the oldest, highest-valued, most-traded and best-known cryptocurrency that still serves as something of a reserve currency for the cryptocurrency world. It traded at about $15,000 on Monday according to coindesk, a website that monitors the price.