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jfcrypto7

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About jfcrypto7

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  1. In my opinion the Binance token (BNB) will increase it's price, since Binance is the biggest crypto exchange right now and the token allows to cover the transaction fees with this coin, so the usability is real, also there is a discount while using this token. Since this option is available this becomes very attractive for the users and that is one of the reasons why the price should increase, also since it's the official Binance coin and the exchange is so big, it will continue growing.
  2. I belief this is one the riskier on investing your money, only do it if you are going to do it in Bitcoin which is the biggest cryptocurrency, my advise is to search a lot before choosing to invest all your money in only what coin, check that there is a real project behind this coin, that the project has established some goals to achieve in the future and that it is going to be used, not only that but that there assurances that your money won't get lost from one day to another. Also you could invest in Ethereum, NEM, XRP, Litecoin.
  3. One of the biggest mistakes is to think that being a trade is an easy thing, there's a reason why only 10% are profitable traders and that is that even though they experience losses they overcome those losses with profits, they have an established trading plan which they follow no matter what happens, there is consistency and how this people operate the markets, the research before investing and don't rush into opening an operation unless they are completely sure of it.
  4. For me Cardano is a good coin to hold in, although the price has dropped significantly the project is still solid, it has been very transparent with the users since the beginning. So you should expect the price to go up also it's a coin that has use since it's not traceable so people that want complete anonymity use this coin.
  5. There is a part of luck also involved when you make an investment but this is not why you should expect profits, you should research about what you are planning to invest if you look for the project it should have some kind of roadmap so that its going to follow in the future it does not have to be very detailed, but you should see some kind of goals for the project in the future and that its usability is real and it adds something new to what there is already on the market.
  6. In my opinion it will be a full time job in the near future, since the cryptoworld is growing everyday and it's attracting new investors, the profits are good, even though there is a risk people decide to take or not, being a crypto advisor will be a good job but there will be limited places because you will need to know a lot about this topic in order to become an advisor. But right now if your content is good you will get paid, so it's a matter of adding things that have value to the forum.
  7. From my knowledge a hard fork is the original asset being split into two other assets, the purpose is to make a new coin that has better functioning than the old one, like the transaction speed they handle, how fast they transaction is confirmed. As other members have already mentioned the halving is completely different from a hard fork, since the first one has established a time for it to happen and it will cu tin half the reward for miners every four years.
  8. Thank you very much for such useful information, I didn't knew the difference between coins and token until today, your post helps me clarify the difference between both. It's important to know in what you are investing or what you are planning to invest. It's clear to me that tokens only use the existing Blockchain while the coins have an own Blockchain.
  9. The main advantages of stablecoins in my opinion is that they even though they are cryptos, they offer little volatility compared to Bitcoin for example, so while making investments or at least any transaction with this kind of cryptos the money value should not change much, of course this is good but normally you should not expect big profits because the coin is designed to stay more on less on the same price, bounded by the fiat currency.
  10. I'm kind of new in the forum and I could not agree with you more, if you are trying to post something in the forum do it on something new or that has not been discussed and you should always tell the truth, after all what is the point on lying, it isn't like you are going to be popular because you have lied about what you do for living or about the profits made.
  11. The most common answer ir Bitcoin after all is the most popular currency and also the biggest one. I also like NEM if you search for it, you will find out that it has many advantages over Bitcoin like the amount of transactions that can be handled at the same time, so transaction times are not long, also the fees are small so you won't have to be worried about overpaying because the network is too crowded, the project is smart and they have partnered with many big companies which you can look at in the official website, also the price is not very high and it can higher so if you invest you could expect good profits.
  12. I agree with all the other posts, in my opinion Ethereum is the second best cryptocurrency after all is why almost all the new coins base their networks on the Ethereum blockchain, the code is open so it can be adapted to the needs and the necessities of the team developing the new coin, but also the fees are low and the network is fast so you normally don't have to wait a long time for at the transactions to be completed and confirmed.
  13. I just experienced something like that I sent Bitcoin to an exchange but did not receive any confirmation of the Blockchain, this is the first time this has happened to me after using cryptocurrencies a lot, I spoke to the wallet I sent the money from and the told me that it was something that eventually will get solved in case that no miner picks up the block the money will go back. I have never encountered such a problem and it worries me that miners aren't going to confirm the transaction but I have assurances of the wallet, so I will wait a little longer, hopefully it will get confirmed.
  14. Tether is one of the best cryptocurrencies to make transactions, since it is a stablecoin the price does not change a lot overtime so normally when you make a transference with this coin the value does not change much, also the network it relies on is very fast so transactions are completed very fast.
  15. First of all you should check your sources, the problem is that since Bitcoin is not governed by anybody there is fears that the currency will disappear like one day it will plummet and just have 0 value, that might be possible but the probabilities of happening are very low, Bitcoin is design to have a fixated amount so in the future until the emission finishes there won't be any more mined. For me it's a very good idea and the technology behind it really is what it makes it interesting, for me Blockchain technology is the future to solve so many issues that we currently experience in any part of the world.
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