JoseVL92

Investing all your capital (larger or smaller) in a single asset can be a good or bad decision depending on your goals. If you want to have a safe haven and are willing to watch it grow slowly with an eye toward the long-term future, investing in a solid asset is a good option, which in the case of cryptocurrencies would be Bitcoin and perhaps Ethereum. If you want to have a good income and make this a way of life, diversifying your portfolio and taking higher risks is the right option.

2020 !!! I have heard of cryptocurrencies for years, but always had my mind occupied with too many other things to dedicate myself to something that sounded a little crazy and immature. However, I went into a job whose payment method is Bitcoin, and although it was forced, now I am in love with this world.

Definitely the king of altcoins is ETH, and not only that, but the Ethereum network has served as a gateway for the implementation of what we know today as DeFi and that has given so much good news to the crypto world in recent months.

Everyone talks about a Bitcoin explosion. It would be nice to dream of a time when $ 1 = 100 satoshis, which would mean that the price of BTC would be around $ 1,000,000. This moment may come in the not so near future, or perhaps this is all one big bubble and tomorrow its utility will be reduced to zero. We pray that this last option never happens.

One of the things that Bitcoin and its minions (the rest of the altcoins hehe) need to improve a lot at is ease of use. The fact that its use requires a not inconsiderable technical knowledge of the technology makes its absorption as a global currency of exchange difficult.

XRP is a fairly long-lived and solid token in the crypto world, and despite them it is quite volatile. I believe that although I would not like to invest in it in the long term (hodling) it is a good option for scalping or for weekly charts at most. Keep in mind that it currently fluctuates between 0.2-0.35, which is a pretty juicy range.

That the community is eager to share information (although some do it simply to score points for the airdrop) is great news, but like all agitation this creates some chaos. Some especially newbies do not know where to put their concerns (I include myself in this).

So far (happily) no. I have not been the victim of a scam. But once I came very close to falling into one. It was on Telegram that a Coinbase giveaway was being promoted. It seemed very real, thousands of people registered on a channel where hundreds of them constantly talked about the great opportunity they had taken advantage of. Others who complained, but it was only to disguise the situation a bit. Luckily, the behavior of users who changed their nickname and profile photo after a few minutes of commenting, in addition to verifying that the security certificate of the page through which you had to enter your funds to the giveaway was false, made me react before falling. But it was close.

Right now Cardano (ADA) is the # 12 cryptocurrency by market capitalization, with a total of $ 2,977,499,253. Cardano would be the first blockchain platform to evolve from a scientific philosophy and research-driven approach, and one of the first to be built on the Haskell programming language. Cardano is developing a smart contract platform that seeks to offer more advanced features than any previously developed protocol.

The best way to avoid scammers is by knowing well the business you have gotten into, studying it and being suspicious of everything that moves. All this is magnified if you are a beginner, in which case it is always better to have someone to advise you so as not to take a wrong step. We must bear in mind that a well-worked scam can look very real.

Great opportunity. Yobit is grateful to those who bring ideas and discussions to the community, and it shows by always keeping ideas and projects to stimulate them. An example of how to keep your community active and elevate those who contribute the most within it.

Cardano (ADA) was created after Bitcoin and Ethereum and thus could learn from their mistakes and build on their strengths. Its founder and CEO Charles Hoskinson calls it a third-generation cryptocurrency, meaning that it already has some of the features that earlier cryptos are struggling to implement. During 2020 Cardano has grown by an amazing 282 percent from $ 0.0330 to $ 0.093190.

If you are a very experienced trader and you dedicate yourself to trading as your main profession, you will not need a bot at all. Whether you're scalping or long-term trading, it's best to apply your knowledge as it is. But for those with less time to analyze charts and see the current state of crypto, a bot is quite efficient and keeps placing orders according to your parameters even when you are sleeping.

In fact, these bots do not contain AI algorithms. They do not try to reason, they only receive a configuration of how you think the market will behave in a specific pair (bullish, lateral or bearish; price range in which it will fluctuate, leverage if you decide to; etc), and the bot places buy/sell orders by doing simple math. He will not make assumptions for you.

Trading robots have become very popular in the last few months because they offer the possibility of making profits without having to constantly keep an eye on prices. It's like having a contract worker do the job for you and you're just the investor. It is an idea that is thriving and has a very good long-term future in the crypto and trading world in general.