Crypto Investing #39 – How To Read Cryptocurrency Prices With 8 Decimal Places – By Tai Zen


Crypto Investing #39 – How To Read Cryptocurrency Prices With 8 Decimal Places – By Tai Zen

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  1. Thanks for this, Tai. A simple explanation for beginners. I’ve always wondered how those numbers are interpreted. You’re a good teacher.

  2. i understand the terms used for the unit of measure but nothing else… i didnt understand the value, i ttok it as the amount of minted portions which lead me to believe that buy people buying into them then they can multiplie that way. but from the perspective of what amount i would be spending on what amount i would be spending on, i didn’t catch any of that.

  3. Tai

    Aloha i really need some help with my Mist wallet. Can you tell me what this means.When you launch the Mist Ethereum wallet for the first time, you will see the account you created during the installation process. By default it will be named MAIN ACCOUNT (ETHERBASE). This is where i sent all my ethers from another wallet called Holleytransaction. Did i screw up moving all my ethers to this wallet. Any help would be greatly appreciated. Thank you

  4. hey tai, thanks for the breakdown on that confusing issue, What do u think about the initial price of the dao token in the market? Im in it for the long haul. I think there are people out there trying to pump the market to get the weak hearted to sell and break even. DAO will be big!!! Is there any new stuff on the horizon? Waves is almost here, im excited.

  5. TKS. Please continue teaching the basics. Great job. Now just make buying bitcoin simple… biggest bunch of BS.
    I’ve ever seen.

  6. You should also consider the investments on low price altcoins like LiveEdu coins. The investment for LEDU coins are really worth it. Even if you don’t HODL it, you can still use it to learn new knowledge available on their website.

  7. Thank you. That helps out a lot. I am having to do a lot of searching around to nail down the terms and mathematics of how the cryptocurrencies are figured. If you know of any courses that are out there that explains terms, mathematics, and how to buy/maneuver around in this realm let me know.

  8. i think you also need to denominate the price in a fiat like £ $ or Euro at the time you purchase also otherwise it makes things very hard. even now comparing the price i brought Ether in BTC at is meaningless as both are between 20-50% different so knowing the $ price as well as satoshi at time of buying and current price is probably a better indicator…. Its a whole new type of trading i know

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