The best way to purchase GENCAP in a cash-like way is to use your debit or credit card to buy BTC on CryptoWallet.com, and send the BTC to an altcoin exchange to swap for GENCAP. Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. A word of advice, now that you’ve made your first investment in Gencoin (NES), you should MAKE SURE to track your investment. Even though the exchange you purchased Gencoin at does this for you, using a third-party website or app makes it a whole lot easier. Here is a list of some best cryptocurrency investment tracking websites and apps that you can use.
Or, you could send ETH from an external wallet if you have it elsewhere. GenCoin’s developers are looking to create a profitable unified strategy that focuses on strategic investments across the market. GENCAP will power their operations, and we will show you how to purchase the token in this guide. Cryptocurrencies have huge upside potential and can often be worth much more than their current value within a short time period. That is why it’s important to take security seriously even if you’re only storing what seems like a small amount at the time. Keeping your coins on an altcoin exchange (or any exchange for that matter) is not recommended for security reasons.
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Based on our technical indicators, GenCoin Capital’s 200-day SMA will drop in the next month and will hit $ 8.001e-13 by Jun 30, 2023. GenCoin Capital’s short-term 50-Day SMA is estimated to hit $ 4.951e-15 by Jun 30, 2023. Comparing GenCoin Capital against other important technological innovations and trends is one way of predicting where the GenCoin Capital price could head over the long term.
If the GENCAP price moves above any of these averages, it is generally seen as a bullish sign for GenCoin Capital. Conversely, a drop below an important moving average is usually a sign of weakness in the GENCAP market. Many cryptocurrency traders pay close attention to the markets when the current GenCoin Capital How to buy gencoin price crosses an important moving average like the 200-day SMA. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
Step 2: Buy BTC with fiat money
To purchase Gencoin (NES) on the majority of the cryptocurrency exchanges, you will already need to have Bitcoin (BTC) or Ethereum (ETH) to trade with. The good news is that you can easily purchase either cryptocurrency at Coinbase using your Credit Card or even Bank Account. The exchange offers three different wallets like MetaMask, Coinbase, and WalletConnect. So if you have these wallets and also got crypto in them, you can easily swap those coins for another cryptocurrency without any trouble. Now you need to send that purchased cryptocurrency to your new exchange’s wallet. Since we don’t want to miss any steps in this important process, click here to view the official how-to guide from Coinbase on transferring your currency to another wallet.
GenCoin Capital recorded 30/30 (100%) green days with 0.00% price volatility over the last 30 days. Based on our GenCoin Capital forecast, it’s now a good time to buy GenCoin Capital. Staking is a great way to maximize your holdings in staking coins that would otherwise be sitting in a wallet or trading account. Since the operation procedures vary from different CEX, we can’t provide you a step-by-step guide on how to buy in all the different centralized exchanges(CEX), but we can provide you with some general procedures. Now you play a short waiting game as your transfer has to go through the cryptocurrency ecosystem and be confirmed multiple times.
What to Do After I Buy GenCoin Capital(GENCAP)
There is nothing wrong with purchasing at this price, but if you think the price will drop or wanted to get it at a lower price, then look at the limit price. If Gencoin (NES) doesn’t have an investment option using the currency you purchased as Coinbase, don’t worry. Right now you can buy Gencoin (NES) at a good number of cryptocurrency exchanges including . To learn about setting up your bank account with Coinbase, click here. Coinbase does a great job of walking you through this setup as many banks have instant account verification.
The best place to store the crypto you have bought is in wallets outside the exchange. The first choice is a hardware wallet, and then you can go with the official coin wallet and third-party software wallets. As ERC-20 Token GenCoin Capital can be stored on any wallet which supports Ethereum.
Is GenCoin Capital a good investment in 2023?
On most exchanges you’ll see a DEPOSIT button next to either BTC or ETH. When you click on it you should see (or be given a button to click to create) your wallet ID. Realize you don’t have to purchase a full coin, rather you will be investing a portion of a coin.
Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels.
The platform comes with a savings tool and staking protocol for stablecoins, allowing passive investors to make money with their crypto holdings. One of the best ways to earn profits in crypto is by searching for new tokens with massive potential and investing in them early. Several investors are looking for how to buy GenCoin – an ERC-20 token that aims to drive wealth creation for its holders worldwide. CryptoWallet.com is the best option to buy Bitcoin with a credit card (and send it to another exchange to trade for GENCAP). The quickest way to purchase GENCAP in Europe is to use CryptoWallet.com to buy BTC with your debit or credit card, and then use the BTC to swap for GENCAP on an altcoin exchange. One of the biggest hurdles to entering the cryptocurrency space is initially converting fiat money to crypto.
- The GenCoin Capital golden cross, on the other hand, is generally interpreted as bullish and happens when the 50-day SMA rises above the 200-day SMA.
- Currencies are made deflationary in the hopes that this will lead to an increase in price, since the overall supply trends down while demand stays the same or hopefully rises.
- If you want to fund your account using your Bank Account, your purchased cryptocurrency will not available for trading for 4 to 5 business days.
- Plus since your funding will be doing using the Bitcoin or Ethereum your’ve already purchased, the setup should take less time.
- Since you are not using fiat money you should not have to provide too much sensitive information to these exchanges.
- 1-hour, 4-hour and 1-day candlestick charts are among the most popular.
GenCoin Capital’s 50-day SMA (simple moving average) is currently $ 4.951e-15. The 50-day SMA indicates the average price of GenCoin Capital over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive GENCAP price trend in the medium term, while a dropping SMA indicates the opposite.