BitBay (BAY) vs CloakCoin (CLOAK) Comparison

BitBay (BAY) user rating is 5, based on 3 user reviews. CloakCoin (CLOAK) user rating is 4.5, based on 2 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

At the moment BitBay (BAY) price is 0.146. Its 24h volume is 0.0. 24h price change is 0.14.

BitBay (BAY) max supply is 1,029,153,366.0. The circulating supply is 0.0.

Block reward is 0.0.

At the moment the number of coins mined is 1,032,709,571.916. Mining profitability is low.

BitBay (BAY) Cryptogeek user rating is 5, based on 3 user reviews.

CloakCoin (CLOAK) price is 0.1126. Its 24h volume is 0.0. 24h price change is 0.0.

CloakCoin (CLOAK) max supply is 5,452,984.0. The circulating supply is 6,051,365.65027.

CloakCoin (CLOAK) transaction speed/block time is 50. Block reward is 0.156510000019.

At the moment the number of coins mined is 5,465,681.67962.

CloakCoin (CLOAK) Cryptogeek user rating is 4.5, based on 2 user reviews.

When trading cryptocurrency, you should take into account the following rules:

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

An important lesson: do not believe the news, study the topic yourself.

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Lesson: while tokens are stored on the exchange, do not consider them as yours.